Skill Creations Inc
- Assets
- $13.8m
- Revenue
- $44.4m
- Investments
- $0.0
- Employees
- 1,108
- Location
- Goldsboro, NC
- Founding
- 05/2005
- Data as of
- 06/2022
- EIN
- 56-1478492
Organization Overview
Skill Creations Inc is located in Goldsboro, NC. The organization was established in 2005. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Skill Creations Inc employed 1,108 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Skill Creations 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, Skill Creations Inc generated $44.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $41.9m during the year ending 06/2022. While expenses have increased by 4.0% 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
SKILL CREATIONS, INC. IS COMMITTED TO HELPING INDIVIDUALS AND THEIR FAMILIES AFFECTED BY DEVELOPMENTAL DISABLITIES ACHIEVE THEIR FULL POTENTIAL TO LIVE, WORK, AND GROW IN THEIR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SKILL CREATIONS WAS ESTABLISHED TO OPERATE SMALL INTERMEDIATE CARE FACILITIES FOR THE MENTALLY RETARDED IN LOCAL AREAS OF NC. HOUSE BILL 1395 OF THE NC GENERALY ASSEMBLY CREATED THIS PROVISION FOR SERVICES FOR CLIENTS IN THEIR HOME COMMUNITIES (AS OPPOSED TO STATE INSTITUTIONS). QUALITY, COMMUNITY BASED SERVICES ARE PROVIDED WITH AN EMPHASIS ON PROVIDING THE VERY BEST SERVICES POSSIBLE TO NORTH CAROLINIANS WITH DEVELOPMENTAL DISABLITIES. AS NC'S MENTAL HEALTH SYSTEM HAS UNDERGONE DIVESTITURE OF COUNTY OPERATED SERVICES, SKILL CREATIONS HAS BEEN ASKED TO TAKE OVER MANY OF THESE SERVICES PROVIDED FOR PERSONS WITH DEVELOPMENTAL DISABILITIES. SKILL CREATIONS SERVES OVER 600 INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurie Urland Chief Exec. | Officer | 40 | $171,010 |
Stacy Garnett CFO | 40 | $111,289 | |
Robin Leib Medical Dire | 40 | $106,808 | |
Glenn Chitty Vp/treasurer | Trustee | 0.3 | $0 |
Paul Hackmann President/se | Trustee | 0.3 | $0 |
Laura H Debiase Member Bod | Trustee | 0.3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Woodard Rentals Leasing | 6/29/22 | $2,015,765 |
Floors Courts Contracting | 6/29/22 | $123,774 |
Group W Holdings Rent | 6/29/22 | $126,900 |
Cutting Edge Construction Contracting | 6/29/22 | $281,244 |
Pmf Professional Medical Fulfillmen Medicalsupplies | 6/29/22 | $241,716 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $15,494 |
| All other contributions, gifts, grants, and similar amounts not included above | $24,827 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,321 |
| Total Program Service Revenue | $44,348,688 |
| 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 | $44,435,808 |
| 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. | $171,010 |
| Compensation of current officers, directors, key employees. | $171,010 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $21,775,191 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,473,976 |
| Payroll taxes | $1,737,977 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $16,464 |
| Fees for services: Accounting | $61,642 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,232 |
| Office expenses | $0 |
| Information technology | $77,765 |
| Royalties | $0 |
| Occupancy | $4,018,829 |
| Travel | $218,095 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $30,635 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $388,509 |
| Insurance | $84,373 |
| All other expenses | $997,579 |
| Total functional expenses | $41,907,805 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,099,016 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,140,178 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $19,100 |
| Prepaid expenses and deferred charges | $461,575 |
| Net Land, buildings, and equipment | $2,100,683 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $13,496 |
| Total assets | $13,834,048 |
| Accounts payable and accrued expenses | $3,331,592 |
| 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 | $402,843 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,734,435 |
| Net assets without donor restrictions | $10,083,494 |
| Net assets with donor restrictions | $16,119 |
| 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 | $13,834,048 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Skill Creations Inc has recieved totaling $42,431.
| Awarding Organization | Amount |
|---|---|
The Partnership For Children Of Wayne County Inc Goldsboro, NC PURPOSE: NC Pre-K | $41,510 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $921 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foundation For Affordable Rental Housing Holdings Inc Atlanta, GA | $1,081,953,835 | $238,155,388 |
Presbyterian College Clinton, SC | $178,788,042 | $82,344,801 |
Community Housing Partners Corporation Christiansburg, VA | $210,530,324 | $87,907,515 |
Skill Creations Inc Goldsboro, NC | $13,834,048 | $44,435,808 |
Habitat For Humanity International Inc Raleigh, NC | $48,704,094 | $32,190,331 |
Montage Living Charlotte, NC | $133,680,991 | $23,940,845 |
Ahc Inc Arlington, VA | $252,147,992 | $33,394,070 |
Habitat For Humanity International Inc Charlotte, NC | $71,967,554 | $27,686,341 |
Habitat For Humanity In Atlanta Inc Atlanta, GA | $81,551,003 | $20,263,546 |
Big Canoe Property Owners Association Inc And Subsidiary Big Canoe, GA | $48,180,026 | $19,159,834 |
Shelter House Inc Reston, VA | $6,743,159 | $14,877,410 |
Alexandria Housing Development Corporation Alexandria, VA | $129,711,642 | $8,689,601 |