Wacosa
- Assets
- $12.6m
- Revenue
- $9.5m
- Investments
- $0.0
- Employees
- 492
- Location
- Waite Park, MN
- Founding
- 10/2015
- Data as of
- 12/2023
- EIN
- 41-0871466
Organization Overview
Wacosa is located in Waite Park, MN. The organization was established in 2015. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2023, Wacosa employed 492 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wacosa is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Wacosa generated $9.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $8.9m during the year ending 12/2023. While expenses have increased by 1.4% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE INDIVIDUALS WITH DISABILITIES THE OPPORTUNITY TO WORK AND LIVE IN THEIR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM SERVICESWACOSA'S PROGRAM SERVICES CONSIST OF WACOSA'S SOUTH PROGRAM, NORTH PROGRAM, SENIORS PROGRAM, SAUK CENTRE DT & H PROGRAM, 1ST AVENUE AND SAUK CENTRE EE PROGRAM. WACOSA WAS ESTABLISHED AS A GRASSROOTS ORGANIZATION IN 1963 BY PARENTS LOOKING TO PROVIDE SERVICES TO THEIR CHILDREN WITH DISABILITIES. TODAY WACOSA HAS GROWN TO SERVE OVER 540 ADULTS WITH DISABILITIES ANNUALLY. OUR CLIENTS PRIMARILY LIVE IN STEARNS, BENTON AND SHERBURNE COUNTIES, WITH SITE LOCATIONS IN WAITE PARK, SAUK CENTRE AND WHITNEY SENIOR CENTER IN ST. CLOUD.
VOCATIONAL SERVICESWACOSA'S VOCATIONAL SERVICES CONSIST OF WACOSA'S COMMUNITY CREWS, PRODUCTION CREWS, THRIFTWORKS! AND DOCUSHRED. WACOSA SERVES PEOPLE WITH A VARIETY OF MENTAL, PHYSICAL AND COGNITIVE ABILITIES. SOME OF WACOSA'S CLIENTS LIVE INDEPENDENTLY, SOME WITH FAMILIES, AND OTHERS IN GROUP HOME SETTINGS. THROUGH WACOSA'S VOCATIONAL SERVICES, CLIENTS ARE EMPLOYED BY LOCAL BUSINESSES, GO OUT IN THE COMMUNITY IN WORK CREWS OR THEY WORK IN ONE OF WACOSA'S FACILITIES. WACOSA'S IN HOUSE WORK IS WIDE RANGING. WACOSA DOES ASSEMBLY, QUALITY CHECKING, MAILING SERVICES, LABELING, COLLATING, PACKAGING/KITTING, RE-WORK, DOCUMENT SHREDDING, THRIFT STORE OPERATIONS, RECYCLING SERVICES AND MUCH MORE. WACOSA'S CLIENTS ENJOY WORKING, ARE DEDICATED AND TAKE GREAT PRIDE IN THE WORK THEY DO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandie Westergren Board Chair | OfficerTrustee | 1 | $0 |
Jennifer Johnson Board Vice Chair | OfficerTrustee | 1 | $0 |
Jeff Benveniste Board Treasurer | OfficerTrustee | 1 | $0 |
Ron Brandenburg Board Secretary | OfficerTrustee | 1 | $0 |
Peggy Bayer Board Member | Trustee | 1 | $0 |
Matthew Desjardins Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $504,409 |
| All other contributions, gifts, grants, and similar amounts not included above | $597,057 |
| Noncash contributions included in lines 1a–1f | $528,686 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,101,466 |
| Total Program Service Revenue | $8,294,263 |
| Investment income | $111,145 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$24,119 |
| Net Income from Fundraising Events | $46,661 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,532,062 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $245,244 |
| Compensation of current officers, directors, key employees. | $199,520 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,161,312 |
| Pension plan accruals and contributions | $84,299 |
| Other employee benefits | $811,117 |
| Payroll taxes | $391,890 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $780 |
| Fees for services: Accounting | $47,483 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $16,912 |
| Fees for services: Other | $119,022 |
| Advertising and promotion | $44,416 |
| Office expenses | $210,269 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $316,294 |
| Travel | $464,673 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $368 |
| Interest | $21,083 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $319,832 |
| Insurance | $66,606 |
| All other expenses | $19,907 |
| Total functional expenses | $8,879,642 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,784,424 |
| Savings and temporary cash investments | $2,362,787 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $725,239 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $126,252 |
| Prepaid expenses and deferred charges | $196,405 |
| Net Land, buildings, and equipment | $4,377,082 |
| Investments—publicly traded securities | $2,982,133 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $66,644 |
| Total assets | $12,620,966 |
| Accounts payable and accrued expenses | $806,514 |
| Grants payable | $0 |
| Deferred revenue | $2,500 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $338,556 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $66,644 |
| Total liabilities | $1,214,214 |
| Net assets without donor restrictions | $9,703,679 |
| Net assets with donor restrictions | $1,703,073 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $12,620,966 |