Signal Centers Inc
- Assets
- $10.1m
- Revenue
- $27.3m
- Investments
- $0.0
- Employees
- 283
- Location
- Chattanooga, TN
- Founding
- 05/1960
- Data as of
- 06/2022
- EIN
- 62-0587285
Organization Overview
Signal Centers Inc is located in Chattanooga, TN. The organization was established in 1960. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 06/2022, Signal Centers Inc employed 283 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Signal Centers 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, Signal Centers Inc generated $27.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.8% each year . All expenses for the organization totaled $25.6m during the year ending 06/2022. While expenses have increased by 20.9% 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
STRENGTHENING CHILDREN, ADULTS, AND FAMILIES THROUGH SERVICES FOCUSING ON DISABILITIES, EARLY CHILDHOOD EDUCATION AND SELF SUFFICIENCY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISABILITY SERVICES - PROVIDES ASSISTIVE TECHNOLOGY SERVICES THROUGH ASSESSMENTS, EQUIPMENT DEMONSTRATIONS, DEVICES, TOYS, AND OTHER TECHNOLOGY TO IMPROVE THE LIVES OF INDIVIDUALS WITH DISABILITES. PROVIDES HIGH QUALITY SOCIAL MODEL DAY SERVICES FOR ADULTS WITH DISABILITIES TO PROLONG INDEPENDENCE AND PROVIDE RESPITE TO CAREGIVERS.
EARLY CHILDHOOD EDUCATION SERVICES - PROVIDES HIGH QUALITY EARLY CHILDHOOD EDUCATIONAL SERVICES FOR CHILDREN BIRTH TO SIX YEARS OF AGE THROUGH CENTER BASED CHILDCARE, HOME AND COMMUNITY BASED EARLY INTERVENTION DEVELOPMENTAL THERAPIES AND EVALUATIONS FOR EARLY INTERVENTION SERVICES. PROVIDES TRAINING AND TECHNICAL ASSISTANCE TO EARLY EDUCATORS AND TRAINING AND TECHNICAL ASSISTANCE TO EARLY EDUCATORS AND INCENTIVIZES CONTINUING EDUCATION IN THE EARLY CHILDHOOD EDUCATIONAL FIELD.
SELF SUFFICIENCY SERVICES - PROVIDES INTENSIVE CASE MANAGEMENT, MENTORING, COACHING AND SUPPORT FOR NEW AND EXPECTANT MOTHERS AND FAMILIES IN LOW- INCOME COMMUNITIES, PROVIDES LEADERSHIP AND COORDINATION OF SERVICES FOR AGENCIES WORKING TO REDUCE HOMELESSNESS IN CHATTANOOGA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Lloyd Board Member | Trustee | 2 | $0 |
Mark Neighbors President | OfficerTrustee | 3 | $0 |
Sue Munson Board Member | Trustee | 1.5 | $0 |
Rob Malone Board Member | Trustee | 1.5 | $0 |
Rosemarie Hill President-El | OfficerTrustee | 2.5 | $0 |
David Babb Treasurer-El | OfficerTrustee | 1.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Blue Cross Blue Sheild Health Insuance | 6/29/19 | $639,308 |
Dell Inc Computers | 6/29/19 | $136,983 |
Bg Construction Construction | 6/29/19 | $114,916 |
Bateman Community Living Llc Meals Delivered | 6/29/19 | $107,481 |
Ipromoteu Promotional | 6/29/19 | $100,047 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $160,434 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $25,363,367 |
| All other contributions, gifts, grants, and similar amounts not included above | $908,398 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,432,199 |
| Total Program Service Revenue | $843,258 |
| 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 | $27,319,073 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,832,675 |
| Pension plan accruals and contributions | $1,453,697 |
| Other employee benefits | $0 |
| Payroll taxes | $791,569 |
| Fees for services: Management | $8,096,412 |
| 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 | $842,715 |
| Advertising and promotion | $46,915 |
| Office expenses | $162,684 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $538,954 |
| Travel | $741,700 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $28,311 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $253,511 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $25,568,637 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $95,338 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,181,435 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,200 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $17,559 |
| Net Land, buildings, and equipment | $3,118,908 |
| Investments—publicly traded securities | $656,420 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,070,860 |
| Accounts payable and accrued expenses | $2,605,060 |
| 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 | $1,632,703 |
| Total liabilities | $4,237,763 |
| Net assets without donor restrictions | $4,170,165 |
| Net assets with donor restrictions | $1,662,932 |
| 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 | $10,070,860 |
Grants Awarded
Over the last fiscal year, Signal Centers Inc has awarded $1,623,181 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
THERAPY AND LEARNING CENTER PURPOSE: CHILD CARE TRAINING | $326,908 |
LEBONHEUR COMMUNITY OUTREACH PURPOSE: CHILD CARE TRAINING | $303,346 |
UTK PURPOSE: CHILD CARE TRAINING | $528,756 |
DEVELOPMENTAL SERVICES PURPOSE: CHILD CARE TRAINING | $412,330 |
OTHER VARIOUS | | | $51,841 |