Lafayette Industries North Inc
- Assets
- $5.4m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 193
- Location
- Manchester, MO
- Founding
- 10/1983
- Data as of
- 09/2020
- EIN
- 43-1236260
Organization Overview
Lafayette Industries North Inc is located in Manchester, MO. The organization was established in 1983. According to its NTEE Classification (J33) the organization is classified as: Sheltered Employment, under the broad grouping of Employment and related organizations. As of 09/2020, Lafayette Industries North Inc employed 193 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lafayette Industries North 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 09/2020, Lafayette Industries North Inc generated $2.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $2.7m during the year ending 09/2020. While expenses have increased by 2.9% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE MEANINGFUL, PRODUCTIVE, AND LONG-LASTING CAREERS IN THE PACKAGING INDUSTRY TO ADULTS WITH DEVELOPMENTAL DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A SHELTERED WORKSHOP PROVIDING EMPLOYMENT FOR PERSONS WITH DEVELOPMENTAL AND OTHER DISABILITIES AND SERVICING CLIENTS CERTIFIED BY VOCATION REHABILITATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Florent President | OfficerTrustee | 1 | $0 |
Todd Carlson Secretary | OfficerTrustee | 1 | $0 |
James A Thoenen Vice President | OfficerTrustee | 1 | $0 |
Richard Waigand Treasurer | OfficerTrustee | 1 | $0 |
Kyler L Humphrey Vice President | OfficerTrustee | 1 | $0 |
Robert Libera Executive Director | OfficerTrustee | 16 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,351,577 |
| Investment income | $0 |
| 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 | $2,259,543 |
| Statement of Expenses | |
|---|---|
| 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. | $308,991 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,506,700 |
| Pension plan accruals and contributions | $24,661 |
| Other employee benefits | $10,365 |
| Payroll taxes | $102,862 |
| 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 | $17,726 |
| Advertising and promotion | $0 |
| Office expenses | $3,606 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $149,190 |
| Travel | $22 |
| 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 | $232,967 |
| Insurance | $149,867 |
| All other expenses | $0 |
| Total functional expenses | $2,656,217 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $74,103 |
| Savings and temporary cash investments | $250 |
| Pledges and grants receivable | $220,482 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $9,050 |
| Prepaid expenses and deferred charges | $23,545 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $57,068 |
| Total assets | $5,428,609 |
| Accounts payable and accrued expenses | $231,166 |
| Grants payable | $0 |
| Deferred revenue | $13,688 |
| 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 | $4,257,436 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,225,353 |
| Total liabilities | $6,727,643 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | -$1,299,034 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lafayette Industries North Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Bernal T Chomeau Private Foundation Creve Coeur, MO PURPOSE: CHARITABLE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Boone Center Inc St Peters, MO | $14,889,109 | $18,998,876 |
Lambs Farm Inc Libertyville, IL | $23,504,581 | $13,032,908 |
Abilities Unlimited Of Jonesboro Incorporated Jonesboro, AR | $10,437,371 | $11,725,518 |
Wesco Industries Denison, IA | $5,356,344 | $10,021,325 |
People First Industries Of Bryan County Inc Durant, OK | $9,398,060 | $9,378,908 |
Skyline Center Inc Clinton, IA | $4,248,547 | $8,832,624 |
Tri-Valley Developmental Services Chanute, KS | $8,494,804 | $7,100,011 |
Open Door Rehabilitation Center Sandwich, IL | $5,637,180 | $7,297,052 |
North Central Sheltered Workshop Fort Dodge, IA | $2,808,504 | $6,257,790 |
Peoria Production Shop Inc Peoria, IL | $26,236,836 | $5,188,185 |
Tri-Ko Inc Osawatomie, KS | $8,732,408 | $7,511,624 |
Avenues To Independence Park Ridge, IL | $1,564,674 | $5,960,525 |