Rural Employment Alternative
- Assets
- $511.1k
- Revenue
- $620.2k
- Investments
- $0.0
- Employees
- 11
- Location
- Conroy, IA
- Founding
- 09/1981
- Data as of
- 06/2024
- EIN
- 42-1150011
Organization Overview
Rural Employment Alternative is located in Conroy, IA. The organization was established in 1981. According to its NTEE Classification (J30) the organization is classified as: Vocational Rehabilitation, under the broad grouping of Employment and related organizations. As of 06/2024, Rural Employment Alternative employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rural Employment Alternative 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 06/2024, Rural Employment Alternative generated $620.2k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $592.5k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF RURAL EMPLOYMENT ALTERNATIVES, INC. IS TO PROVIDE MEANINGFUL COMMUNITY ACCESS OPPORTUNITIES, CLASSES AND DAILY LIVING SKILLS PROGRAMMING TO INDIVIDUALS WHO EXPERIENCE MENTAL AND PHYSICAL DISABILITIES AND REQUIRE SUPERVISION AND ASSISTANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DAY HABILITATION PROGRAMMING PROVIDED BY RURAL EMPLOYMENT ALTERNATIVES, INC. (REA, INC.) INCLUDES TRAINING IN THE AREAS OF SOCIAL SKILLS, COMMUNICATION, BASIC ACADEMICS, DAILY LIVING SKILLS, PROMOTION OF HEALTH AND WELLNESS, LEISURE OR RECREATIONAL ACTIVITIES, ART APPRECIATION AND VOLUNTEERISM. FOR THE YEAR ENDING JUNE 30, 2024, THE AGENCY PROVIDED 6621 DAYS OF DAY HABILITATION SERVICES TO 48 ADULTS. ABSENTEEISM RATES CONTINUED TO AVERAGE 10%. REA'S DAY HABILITATION PROGRAM FOCUSED ON COMMUNITY INTEGRATION. COMMUNITY INTEGRATION ASSISTS INDIVIDUALS IN OPTIMIZING THEIR PERSONAL AND SOCIAL COMPETENCY TO LIVE AND INTERACT SUCCESSFULLY IN THE COMMUNITY. OUT OF 6621 DAYS OF DAY HABILITATION SERVICES, 4703 DAYS, OR 71% OF THE PROGRAMMING WAS COMMUNITY-BASED. EIGHTY-EIGHT PERCENT OF THE DAY HABILITATION PROGRAM PARTICIPANTS SPENT 51% OR MORE (A MAJORITY) OF THEIR DAYS IN COMMUNITY-BASED DAY HABILITATION PROGRAMMING.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeannine Scandridge Executive Director | Officer | 40 | $63,583 |
John Phillips President | OfficerTrustee | 1 | $0 |
Kendra Van Dyke Vice President | OfficerTrustee | 1 | $0 |
Cynthia Heaton Secretary Treasurer | OfficerTrustee | 1 | $0 |
Kurtis Broeg Director | Trustee | 0.5 | $0 |
Marci Mohr Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $17,280 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,700 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,313 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,293 |
| Total Program Service Revenue | $574,775 |
| Investment income | $7,143 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $620,211 |
| 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. | $63,583 |
| Compensation of current officers, directors, key employees. | $44,508 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $319,666 |
| Pension plan accruals and contributions | $9,495 |
| Other employee benefits | $36,008 |
| Payroll taxes | $34,396 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $158 |
| Office expenses | $12,152 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $22,923 |
| Travel | $796 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,537 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,374 |
| Insurance | $16,650 |
| All other expenses | $3,195 |
| Total functional expenses | $592,470 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $150 |
| Savings and temporary cash investments | $373,756 |
| Pledges and grants receivable | $10,000 |
| Accounts receivable, net | $58,182 |
| 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 | $68,867 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $155 |
| Total assets | $511,110 |
| Accounts payable and accrued expenses | $84,261 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $281,552 |
| Total liabilities | $365,813 |
| Net assets without donor restrictions | $134,822 |
| Net assets with donor restrictions | $10,475 |
| 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 | $511,110 |