Love Inc Of South Wood County Inc
- Assets
- $146.5k
- Revenue
- $118.1k
- Investments
- $0.0
- Employees
- 6
- Location
- Wisconsin Rapids, WI
- Founding
- 12/2017
- Data as of
- 12/2022
- EIN
- 82-0819727
Organization Overview
Love Inc Of South Wood County Inc is located in Wisconsin Rapids, WI. The organization was established in 2017. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2022, Love Inc Of South Wood County Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Love Inc Of South Wood County 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 12/2022, Love Inc Of South Wood County Inc generated $118.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $185.2k during the year ending 12/2022. 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
MOBILIZING LOCAL CHURCHES TO TRANSFORM LIVES AND COMMUNITIES IN THE NAME OF CHRIST. LOVE INC OF SOUTH WOOD COUNTY, INC. COORDINATES SERVICE WITH LOCAL CHURCHES, NON-PROFITS, COMMUNITY AGENCIES, AND VOLUNTEERS. WE FOSTER
Describe the Organization's Program Activity:
Part 3 - Line 4a
PARTNER CHURCH/AGENCY DEVELOPMENT LOVE INC OF SWC DEVELOPED AND MAINTAINED PARTNER RELATIONSHIPS WITH 20 LOCAL CHURCHES IN 2022. IN ADDITION TO PARTNER CHURCHES, LOVE INC OF SWC CULTIVATES RELATIONSHIPS WITH COMMUNITY AGENCIES.
THE CONNECTION CENTER SERVES AS A CALL CENTER WHERE COMMUNITY MEMBERS WHO ARE IN NEED CAN CALL LOVE INC TO FIND HELP. IN 2022, 475 CALLS FOR ASSISTANCE CAME INTO THE CONNECTION CENTER. THROUGH THOSE CALLS COMMUNITY MEMBERS RECEIVED HELP FOR 563 STATED NEEDS.
VOLUNTEER RECRUITMENT LOVE INC RELIES ALMOST EXCLUSIVELY ON VOLUNTEERSFROM LOCAL CHURCHES TO ACCOMPLISH ITS MISSION. ONGOING VOLUNTEER RECRUITMENT AND TRAINING IS VITAL FOR THE SUCCESS OF LOVE INC OF SWC. IN 2022, 147 VOLUNTEERS WORKED 5,845 HOURS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danita Carlson Executive Director | OfficerTrustee | 40 | $0 |
David Mickelson Director | Trustee | 1 | $0 |
Phyllis Neahous Director | Trustee | 1 | $0 |
Susan Siewert Director | Trustee | 1 | $0 |
Jean Sorenson President | OfficerTrustee | 1 | $0 |
Paul Liebherr Treasurer | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $2,689 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $114,693 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $117,382 |
| Total Program Service Revenue | $0 |
| Investment income | $368 |
| 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 | $118,140 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,530 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $58,163 |
| Compensation of current officers, directors, key employees. | $58,163 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $75,059 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,192 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,648 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,361 |
| Office expenses | $5,723 |
| Information technology | $4,562 |
| Royalties | $0 |
| Occupancy | $13,479 |
| Travel | $1,107 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,040 |
| Interest | $0 |
| Payments to affiliates | $3,652 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,853 |
| All other expenses | $2,259 |
| Total functional expenses | $185,179 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,308 |
| Savings and temporary cash investments | $25,861 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $106,308 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $146,477 |
| Accounts payable and accrued expenses | $2,529 |
| 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 | $2,529 |
| Net assets without donor restrictions | $0 |
| 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 | $143,948 |
| Total liabilities and net assets/fund balances | $146,477 |