Wai-Iam Inc
- Assets
- $1.3m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 27
- Location
- Lansing, MI
- Founding
- 02/2014
- Data as of
- 12/2023
- EIN
- 46-4036273
Organization Overview
Wai-Iam Inc, operating under the name Club Rise Rise Recovery Community, is located in Lansing, MI. The organization was established in 2014. According to its NTEE Classification (I21) the organization is classified as: Youth Violence Prevention, under the broad grouping of Crime & Legal-Related and related organizations. As of 12/2023, Club Rise Rise Recovery Community employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Club Rise Rise Recovery Community 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, Club Rise Rise Recovery Community generated $1.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $1.7m during the year ending 12/2023. While expenses have increased by 9.6% per year over the past 8 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 PREVENTION, AWARENESS AND POST TREATMENT SERVICES IN THE AREA OF SUBSTANCE ABUSE DISORDER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE RISE RECOVERY COMMUNITY PROVIDES A NEW, CURRENT WAY FOR INDIVIDUALS WITH SUBSTANCE USE DISORDER TO LIVE IN A SOCIETY DRUG AND ALCOHOL FREE. RISE IS AN INNOVATIVE WAY TO MEET THE BASIC NEEDS OF THOSE IN RECOVERY BY PROVIDING HEALTH, HOME, PURPOSE, AND COMMUNITY. WAI-IAM'S RISE PROGRAM OFFERS 12 FACILITIES WITH 69 BEDS. A KEY COMPONENT OF THE RISE PROGRAM IS CLUB RISE, A SOBER ENGAGEMENT CENTER. THE HOMELIKE ENVIRONMENT OF CLUB RISE OFFERS A LARGE ACTIVITY ROOM WITH BILLIARDS, SHUFFLEBOARD, DARTS, TVS, AND HIP MUSIC FOR A CLUBLIKE FEEL. THE MAIN FLOOR ALSO PROVIDES ADDITIONAL MEETING SPACE, A COMPUTER STATION, AND THE RISE TECH OFFICE. THE SECOND AND THIRD-FLOOR HOUSES WAI-IAM, INC. AND RISE STAFF OFFICES. THE WELL MAINTAINED, STRUCTURED LIVING HOMES ALONG WITH 4,200 SQUARE FOOT CLUB RISE FOR SOBER COMMUNITY ACTIVITIES, MAKE UP THE RISE RECOVERY COMMUNITY. WELCOME TO THE FUTURE OF RECOVERY!
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacquelyn Liebner Executive Director/treasurer | Officer | 40 | $116,168 |
Corey Warren President/ceo | Officer | 40 | $108,160 |
Stephanie Webster Secretary | OfficerTrustee | 40 | $60,496 |
Donato Borrillo MD JD Director | Trustee | 0.1 | $0 |
Deborah Garrett Director | Trustee | 0.1 | $0 |
Ellery Sosebee Director | Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $433,959 |
| All other contributions, gifts, grants, and similar amounts not included above | $264,355 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $698,314 |
| Total Program Service Revenue | $884,479 |
| Investment income | $2,512 |
| 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 | $1,605,417 |
| 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. | $322,208 |
| Compensation of current officers, directors, key employees. | $17,953 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $615,907 |
| Pension plan accruals and contributions | $5,087 |
| Other employee benefits | $28,365 |
| Payroll taxes | $71,179 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,495 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $56,827 |
| Advertising and promotion | $0 |
| Office expenses | $71,639 |
| Information technology | $14,291 |
| Royalties | $0 |
| Occupancy | $171,203 |
| Travel | $54,008 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,236 |
| Interest | $8,480 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $35,944 |
| Insurance | $37,042 |
| All other expenses | $4,019 |
| Total functional expenses | $1,707,660 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $632 |
| Savings and temporary cash investments | $67,541 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $92,313 |
| 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 | $1,010 |
| Net Land, buildings, and equipment | $1,155,027 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,316,523 |
| Accounts payable and accrued expenses | $52,144 |
| 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 | $1,147,070 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,199,214 |
| Net assets without donor restrictions | $100,511 |
| Net assets with donor restrictions | $16,798 |
| 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 | $1,316,523 |