Buckhannon-Upshur Work Adjustment Center Inc
- Assets
- $594.6k
- Revenue
- $542.5k
- Investments
- $0.0
- Employees
- 28
- Location
- Buckhannon, WV
- Founding
- 06/1976
- Data as of
- 06/2022
- EIN
- 55-0560819
Organization Overview
Buckhannon-Upshur Work Adjustment Center Inc is located in Buckhannon, WV. The organization was established in 1976. According to its NTEE Classification (J30) the organization is classified as: Vocational Rehabilitation, under the broad grouping of Employment and related organizations. As of 06/2022, Buckhannon-Upshur Work Adjustment Center Inc employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Buckhannon-Upshur Work Adjustment Center 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 06/2022, Buckhannon-Upshur Work Adjustment Center Inc generated $542.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $526.9k during the year ending 06/2022. While expenses have increased by 3.4% 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 PROVIDE VOCATIONAL TRAINING AND EMPLOYMENT FOR PERSONS WITH DISABILITES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
JANITORIAL CONTRACTS THROUGH THE SOURCE OF AMERICA AND THE WEST VIRGINIA STATE USE PROGRAMS PROVIDING EMPLOYMENT FOR 10-15 INDIVIDUALS WITH DISABILITIES.
IN-SHOP WOODWORKING PROGRAM SUPPLYING PRODUCTS TO THE LOCAL COMMUNITY AND SUPPLYING STAKES TO THE OIL AND GAS INDUSTRY. THIS PROGRAM EMPLOYS 20-30 INDIVIDUALS WITH DISABILITIES AND TRAINING TO SUCH INDIVIDUALS TO FURTHER THEIR EMPLOYMENT GOALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary A Dean Secretary/treasurer | OfficerTrustee | 40 | $20,000 |
Larry W Dean Director | OfficerTrustee | 40 | $20,000 |
Jody Light President | OfficerTrustee | 5 | $0 |
Sharla Smith Board Member | Trustee | 2 | $0 |
Doug Spears Board Member | Trustee | 2 | $0 |
Kevin Sharp Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $71,084 |
| All other contributions, gifts, grants, and similar amounts not included above | $381 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $71,465 |
| Total Program Service Revenue | $441,055 |
| Investment income | $70 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $26,885 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $542,475 |
| 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. | $40,000 |
| Compensation of current officers, directors, key employees. | $24,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $306,625 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $43,490 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,353 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $296 |
| Office expenses | $9,440 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,567 |
| Travel | $497 |
| 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 | $43,001 |
| Insurance | $4,814 |
| All other expenses | $0 |
| Total functional expenses | $526,867 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $127,185 |
| Savings and temporary cash investments | $355,525 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $38,124 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,604 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $70,192 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $594,630 |
| Accounts payable and accrued expenses | -$8,669 |
| 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 | $0 |
| Total liabilities | -$8,669 |
| Net assets without donor restrictions | $603,299 |
| 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 | $594,630 |