Southeastern Kentucky Rehabilitation Industries Inc

Organization Overview

Southeastern Kentucky Rehabilitation Industries Inc is located in Corbin, KY. The organization was established in 1972. According to its NTEE Classification (E50) the organization is classified as: Rehabilitative Care, under the broad grouping of Health Care and related organizations. As of 09/2022, Southeastern Kentucky Rehabilitation Industries Inc employed 968 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southeastern Kentucky Rehabilitation Industries 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 09/2022, Southeastern Kentucky Rehabilitation Industries Inc generated $26.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $29.8m during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE EMPLOYMENT OPPORTUNITIES FOR SIGNIFICANTLY DISABLED INDIVIDUALS IN THE APPALACHIAN REGION

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEKRI HAS EXPERIENCED CONSIDERABLE SUCCESS IN SUPPLYING EMPLOYMENT OPPORTUNITIES FOR SIGNIFICANTLY DISABLED INDIVIDUALS THROUGHOUT THE APPALACHIAN REGION. WITH FOUR FACILITIES LOCATED IN SOUTHEASTERN KENTUCKY AND ONE LOCATED IN NORTHEASTERN TENNESSEE, SEKRI HAS BEEN ABLE TO PROVIDE EMPLOYMENT TO INDIVIDUALS IN ONE OF THE POOREST AREAS OF THE NATION. CHOOSING TO LOCATE IN AN AREA NEGLECTED BY MANY OTHER BUSINESSES, SEKRI HAS PROVIDED MUCH NEEDED ECONOMIC SUPPORT TO THE APPALACHIAN REGION. OPERATING UNDER THE JAVITS-WAGNER-O'DAY ACT AND THE ABILITY ONE PROGRAM, SEKRI ASSURES THAT A MINIMUM OF 75% OF ALL DIRECT LABOR PERFORMED IN ITS FACTORIES IS DONE BY PERSONS WHO ARE CONSIDERED SIGNIFICANTLY DISABLED BY GOVERNMENT STANDARDS. AS A RESULT, SEKRI NOT ONLY PROVIDES GREAT ECONOMIC SUPPORT TO A SEVERELY DEPRESSED AREA, BUT IT TARGETS THOSE MOST IN NEED.THE DEDICATION TO FOCUS ON THE NEEDS OF INDIVIDUALS IN APPALACHIA HAS NOT BEEN THE EASIEST PATH TO FOLLOW. OFTEN, EDUCATION OR CULTURAL DEFICIENCIES HAVE CAUSED THE ORGANIZATION TO RE-ENGINEER, AUTOMATE, OR OTHERWISE MODIFY THE WORK ENVIRONMENT TO ALLOW EMPLOYEES THE OPTIMUM OPPORTUNITY FOR SUCCESS. THESE MODIFICATIONS ARE GENERALLY VERY COSTLY TO IMPLEMENT. HOWEVER, SEKRI'S COMMITMENT TO THE PEOPLE OF THIS REGION HAS RESULTED IN BENEFITS TO THE INDIVIDUALS WHO LIVE IN THE AREA AS WELL AS TO THE REGION AS A WHOLE.SEKRI IS VERY PROUD TO BE ABLE TO REPORT SO MUCH SUCCESS IN ACHIEVING OUR MISSION OF HELPING PEOPLE HELP THEMSELVES. WE ARE EXCITED THAT SO MANY OF OUR EMPLOYEES HAVE THE OPPORTUNITY TO GAIN SELF-RESPECT, DIGNITY, AND JOB SKILLS THROUGH THEIR INVOLVEMENT WITH THE COMPANY.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$34,536
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$115,500
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$150,036
Total Program Service Revenue$26,266,303
Investment income $40,394
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $29,429
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$29,050
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $26,543,661

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Southeastern Kentucky Rehabilitation Industries Inc has recieved totaling $15,500.

Awarding OrganizationAmount
Sourceamerica

Vienna, VA

PURPOSE: EMERGENCY SUPPORT AND NPA TRAINING VOUCHERS GRANTS

$15,500
View Grant Recipient Profile

Create an account to unlock the data you need.

or