Carver-Hennepin Options For Innovative Community Employment
- Assets
- $5.3m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 126
- Location
- Eden Prairie, MN
- Founding
- 02/1972
- Data as of
- 12/2023
- EIN
- 41-0955385
Organization Overview
Carver-Hennepin Options For Innovative Community Employment is located in Eden Prairie, MN. The organization was established in 1972. According to its NTEE Classification (J30) the organization is classified as: Vocational Rehabilitation, under the broad grouping of Employment and related organizations. As of 12/2023, Carver-Hennepin Options For Innovative Community Employment employed 126 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carver-Hennepin Options For Innovative Community Employment 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, Carver-Hennepin Options For Innovative Community Employment generated $4.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $3.7m during the year ending 12/2023. While expenses have increased by 2.9% 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 EDUCATIONAL, VOCATIONAL, AND RECREATIONAL OPPORTUNITIES AND SUPPORT FOR INTELLECTUALLY DISABLED ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHOICE IS A TRAINING AND HABILITATION CENTER THAT PROVIDES ADULTS WITH INTELLECTUAL DISABILITIES PROGRAMMING THAT INCLUDES PRE-VOCATIONAL TRAINING/SUPPORT, RECREATION/LEISURE AND FUNCTIONAL SKILLS DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank M Fuller Board Chairman | OfficerTrustee | 1 | $0 |
Michelle Veith Secretary/treasurer | OfficerTrustee | 1 | $0 |
Raymond Schenk Board Member | Trustee | 1 | $0 |
Mark Giordano Board Member | Trustee | 1 | $0 |
Hannah Weber Board Member | Trustee | 1 | $0 |
Shirley Cavallaro Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $118,955 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $118,955 |
| Total Program Service Revenue | $4,022,374 |
| Investment income | $128,835 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $40,267 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,343,281 |
| 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 | $2,340,099 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $180,414 |
| Payroll taxes | $180,359 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $101,680 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $614 |
| Advertising and promotion | $3,032 |
| Office expenses | $27,610 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $527,330 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,229 |
| Insurance | $13,038 |
| All other expenses | $0 |
| Total functional expenses | $3,737,549 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,506,667 |
| Savings and temporary cash investments | $1,704,148 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $279,383 |
| 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 | $90,728 |
| Net Land, buildings, and equipment | $408,019 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $296,814 |
| Intangible assets | $0 |
| Other assets | $1,041,676 |
| Total assets | $5,327,435 |
| Accounts payable and accrued expenses | $182,583 |
| Grants payable | $0 |
| Deferred revenue | $7,083 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,100,986 |
| Total liabilities | $1,290,652 |
| Net assets without donor restrictions | $4,036,783 |
| Net assets with donor restrictions | $0 |
| 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 | $5,327,435 |