Colorado Springs Independence Center
- Assets
- $15.9m
- Revenue
- $13.6m
- Investments
- $0.0
- Employees
- 421
- Location
- Colorado Springs, CO
- Founding
- 10/1987
- Data as of
- 12/2021
- EIN
- 84-1052916
Organization Overview
Colorado Springs Independence Center, operating under the name The Independence Center, is located in Colorado Springs, CO. The organization was established in 1987. 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 12/2021, Independence Center employed 421 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Independence Center 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 12/2021, Independence Center generated $13.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $13.0m during the year ending 12/2021. While expenses have increased by 3.3% 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.
Since 2015, Independence Center has awarded 14 individual grants totaling $153,175. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROGRAMS ARE DESIGNED TO PROVIDE SUPPORT, INFORMATION, AND ENCOURAGEMENT TO EMPOWER PERSONS WITH DISABILITIES AND REMOVE BARRIERS WHICH PREVENT INDEPENDENCE AND EQUAL OPPORTUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE IC HOME HEALTH FOCUSES ON HIRING FAMILY AND FRIEND CAREGIVERS TO PROVIDE ASSISTANCE WITH ACTIVITIES OF DAILY LIVING SUCH AS BATHING, DRESSING, MOBILITY, TRANSFERRING AND EATING. WE OFFER OUR CLIENTS ASSISTANCE IN CHOOSING HOW AND WHEN THEY RECEIVE THESE SERVICES, ALONG WITH THEIR CHOICE OF CAREGIVER. THE VETERAN IN CHARGE (VIC) PROGRAM IS VETERAN-DIRECTED AND SERVES ELIGIBLE VETERANS OF ANY AGE WHO WANT TO REMAIN LIVING IN THEIR HOME AND COMMUNITY FOR AS LONG AS POSSIBLE. THROUGH THE VIC PROGRAM, VETERANS WORK WITH ONE OF THE IC'S VETERAN COACHES TO PLAN AND MANAGE VA-FUNDED SUPPORTS AND SERVICE.
THE CENTER IS A STATE AND FEDERALLY CERTIFIED CENTER FOR INDEPENDENT LIVING WHICH PROVIDES A WIDE ARRAY OF SERVICES FOR INDIVIDUALS WHO SELF IDENTIFY AS HAVING A DISABILITY AND WHO WANT TO ACCOMPLISH PERSONAL GOALS TO GAIN INDEPENDENCE. GOALS CAN INCLUDE ASSISTANCE WITH FINDING EMPLOYMENT, PEER SUPPORT, TRANSITIONS FROM NURSING FACILITIES TO THE COMMUNITY, INFORMATION ON TECHNOLOGY AND TOOLS, OBTAINING BENEFITS, AND CLASSES THAT WILL IMPROVE SKILLS SUCH AS BUDGETING AND COOKING. THE CENTER ALSO FOCUSES ON INDIVIDUAL AND SYSTEMS ADVOCACY WITH A GOAL OF EMPOWERING AND PROVIDING THE EDUCATION TO MEMBERS OF THE DISABILITY COMMUNITY TO ADVOCATE FOR THEMSELVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Yeager CEO - CEO Emeritus (november) | Officer | 40 | $184,800 |
Indy Frazee Home Health Administrator/ceo (november) | Officer | 40 | $131,164 |
Bill Wengert Director Of Finance And Adminis | Officer | 40 | $126,186 |
Teal Heath Treasurer | OfficerTrustee | 1 | $0 |
Denise Hok Secretary | OfficerTrustee | 1 | $0 |
Richard Lewis Chair | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Asap Ada Survey And Plans Consulting | 12/30/19 | $125,000 |
Premier Financial Services Management Services | 12/30/19 | $106,379 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $19,000 |
| Related organizations | $0 |
| Government grants | $1,142,885 |
| All other contributions, gifts, grants, and similar amounts not included above | $60,183 |
| Noncash contributions included in lines 1a–1f | $23,715 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,222,068 |
| Total Program Service Revenue | $11,775,430 |
| Investment income | $146,313 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $428,406 |
| Net Income from Fundraising Events | -$245 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,576,800 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,990 |
| Grants and other assistance to domestic individuals. | $15,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $450,423 |
| Compensation of current officers, directors, key employees. | $50,074 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,169,427 |
| Pension plan accruals and contributions | $75,348 |
| Other employee benefits | $1,086,841 |
| Payroll taxes | $707,505 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,975 |
| Fees for services: Accounting | $34,006 |
| Fees for services: Lobbying | $40,080 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $40,221 |
| Fees for services: Other | $255,467 |
| Advertising and promotion | $60,486 |
| Office expenses | $158,679 |
| Information technology | $250,684 |
| Royalties | $0 |
| Occupancy | $159,391 |
| Travel | $22,708 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,971 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $223,051 |
| Insurance | $91,542 |
| All other expenses | $135,938 |
| Total functional expenses | $13,035,733 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $225,338 |
| Savings and temporary cash investments | $2,088,964 |
| Pledges and grants receivable | $226,755 |
| Accounts receivable, net | $1,632,412 |
| 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 | $80,997 |
| Net Land, buildings, and equipment | $4,688,358 |
| Investments—publicly traded securities | $6,880,508 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $88,627 |
| Total assets | $15,911,959 |
| Accounts payable and accrued expenses | $1,746,855 |
| 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 | $88,627 |
| Total liabilities | $1,835,482 |
| Net assets without donor restrictions | $14,076,477 |
| 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 | $15,911,959 |
Grants Awarded
Over the last fiscal year, Colorado Springs Independence Center has awarded $50,990 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Colorado Spgs, CO PURPOSE: For ADA accessibility items | $25,990 |
EL PASO COUNTY PARKS PURPOSE: For two all-terrain mobility vehicles | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Colorado Springs Independence Center has recieved totaling $29,145.
| Awarding Organization | Amount |
|---|---|
Colorado Springs Health Foundation Colorado Springs, CO | | $17,500 |
Disabling Barriers Peyton, CO PURPOSE: Independent Living Activities and Recreation Project | $10,000 |
El Pomar Foundation Colorado Springs, CO PURPOSE: PENROSE HOUSE GIFT IN KIND | $455 |
El Pomar Foundation Colorado Springs, CO PURPOSE: PENROSE HOUSE GIFT IN KIND | $450 |
El Pomar Foundation Colorado Springs, CO PURPOSE: PENROSE HOUSE GIFT IN KIND | $445 |
El Pomar Foundation Colorado Springs, CO PURPOSE: PENROSE HOUSE GIFT IN KIND | $211 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ability360 Inc Phoenix, AZ | $68,855,919 | $48,717,728 |
Easter Seals Blake Foundation Tucson, AZ | $8,663,056 | $37,896,300 |
Arca Albuquerque, NM | $18,505,466 | $31,341,339 |
University Of Kansas School Of Medicine Wichita Medical Practice Wichita, KS | $23,042,705 | $28,281,707 |
Southeast Kansas Independent Living Inc Parsons, KS | $4,553,369 | $22,669,232 |
Life Patterns Inc Topeka, KS | $3,993,814 | $21,307,130 |
Independent Living Resource Center Inc Wichita, KS | $8,110,847 | $18,952,514 |
United Cerebral Palsy Of Southern Arizona Inc Tucson, AZ | $12,231,296 | $20,624,462 |
Smith Agency Aurora, CO | $25,654,604 | $17,358,773 |
Colorado Springs Independence Center Colorado Springs, CO | $15,911,959 | $13,576,800 |
Capper Foundation Topeka, KS | $36,358,262 | $11,403,670 |
Greeley Independence Stampede Inc Greeley, CO | $7,936,067 | $10,109,636 |