Rock County Opportunities Inc
- Assets
- $1.8m
- Revenue
- $947.7k
- Investments
- $0.0
- Employees
- 57
- Location
- Luverne, MN
- Founding
- 03/1968
- Data as of
- 12/2022
- EIN
- 41-0911814
Organization Overview
Rock County Opportunities Inc is located in Luverne, MN. The organization was established in 1968. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 12/2022, Rock County Opportunities Inc employed 57 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rock County Opportunities Inc 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 12/2022, Rock County Opportunities Inc generated $947.7k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $897.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HABILITATIVE SERVICES TO HANDICAPPED INDIVIDUALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE A WIDE RANGE OF QUALIFYING HABILITATIVE SERVICES WHICH PROMOTE GROWTH, DEVELOPMENT AND INDEPENDENCE TO INDIVIDUALS WHOSE PRIMARY DIAGNOSIS IS DEVELOPMENTALLY DISABLED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Craig Oftedahl Chair | OfficerTrustee | 1 | $0 |
Carol Morgan Vice-Chair | OfficerTrustee | 1 | $0 |
Jeanne Bowron Secretary | OfficerTrustee | 1 | $0 |
Walt Moser Treasurer | OfficerTrustee | 1 | $0 |
Molly Carbonneau Director | Trustee | 1 | $0 |
Amanda Delaney Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $57,109 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,644 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,753 |
| Total Program Service Revenue | $871,271 |
| Investment income | $1,377 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $11,208 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $947,668 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $548,917 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $696 |
| Payroll taxes | $42,749 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,400 |
| Advertising and promotion | $1,207 |
| Office expenses | $8,815 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $34,118 |
| Travel | $502 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,766 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $123,716 |
| Insurance | $24,060 |
| All other expenses | $14,573 |
| Total functional expenses | $897,390 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $577,347 |
| Savings and temporary cash investments | $161,560 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $148,751 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $863,109 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,750,767 |
| Accounts payable and accrued expenses | $20,914 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $62,500 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $83,414 |
| Net assets without donor restrictions | $1,662,353 |
| Net assets with donor restrictions | $5,000 |
| 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 | $1,750,767 |