Bear Creek Services Inc
- Assets
- $5.4m
- Revenue
- $6.4m
- Investments
- $97.2k
- Employees
- 156
- Location
- Rochester, MN
- Founding
- 05/1999
- Data as of
- 12/2022
- EIN
- 41-1390671
Organization Overview
Bear Creek Services Inc is located in Rochester, MN. The organization was established in 1999. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 12/2022, Bear Creek Services Inc employed 156 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bear Creek Services 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, Bear Creek Services Inc generated $6.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $6.8m during the year ending 12/2022. While expenses have increased by 3.2% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT PEOPLE WITH DISABILITIES TO LIVE AN EMPOWERED LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WAIVERED SERVICES: ORGANIZATION PROVIDES COMMUNITY-BASED RESIDENTIAL HOUSING FOR PERSONS WITH DEVELOPMENTAL DISABILITIES AND TRAUMATIC BRAIN INJURIES. ADDITIONAL SERVICES INCLUDE: IN-HOME SUPPORT, SEMI-INDEPENDENT SERVICES, AND INDEPENDENT LIVING SERVICES (ILS). THE ORGANIZATION SERVED APPROXIMATELY 96 CLIENTS IN 2022.
OTHER INCOME FOR THE BENEFIT OF DISABLED PERSONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Johnsrud Director | Trustee | 1 | $0 |
Laura Quest Director | Trustee | 1 | $0 |
Kinza Hyder Director | Trustee | 1 | $0 |
Brenda Ferraro President Elect | OfficerTrustee | 2 | $0 |
Mckenna Hansen Treasurer | OfficerTrustee | 2 | $0 |
Luke Meyer President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $58,206 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $567,253 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $625,459 |
| Total Program Service Revenue | $5,486,706 |
| Investment income | $10,911 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $224,010 |
| Net Income from Fundraising Events | $14,441 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,361,527 |
| 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. | $102,980 |
| Compensation of current officers, directors, key employees. | $6,179 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,505,648 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $549,662 |
| Payroll taxes | $382,050 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $790 |
| Fees for services: Accounting | $17,554 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,681 |
| Advertising and promotion | $97,900 |
| Office expenses | $79,101 |
| Information technology | $45,750 |
| Royalties | $0 |
| Occupancy | $195,725 |
| Travel | $54,655 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,340 |
| Interest | $18,495 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $286,985 |
| Insurance | $146,841 |
| All other expenses | $20,678 |
| Total functional expenses | $6,797,176 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $414,915 |
| Savings and temporary cash investments | $1,256,701 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $438,699 |
| 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 | $52,634 |
| Net Land, buildings, and equipment | $3,096,385 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $97,160 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $38,469 |
| Total assets | $5,394,963 |
| Accounts payable and accrued expenses | $488,643 |
| Grants payable | $0 |
| Deferred revenue | $2,178 |
| 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 | $435,754 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $118,063 |
| Total liabilities | $1,044,638 |
| Net assets without donor restrictions | $4,350,325 |
| 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 | $5,394,963 |