Opportunities Industrialization Center Of Washington
- Assets
- $14.8m
- Revenue
- $21.6m
- Investments
- $18.1k
- Employees
- 190
- Location
- Yakima, WA
- Founding
- 07/1975
- Data as of
- 12/2023
- EIN
- 91-0873024
Organization Overview
Opportunities Industrialization Center Of Washington is located in Yakima, WA. The organization was established in 1975. 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 12/2023, Opportunities Industrialization Center Of Washington employed 190 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Opportunities Industrialization Center Of Washington 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 12/2023, Opportunities Industrialization Center Of Washington generated $21.6m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $21.5m during the year ending 12/2023. While expenses have increased by 10.0% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
HELP IN THE ELIMINATION OF UNEMPLOYMENT, POVERTY, ILLITERACY, AND RACISM SO ALL PEOPLE CAN LIVE WITH GREATER HUMAN DIGNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LOW-INCOME HOME ENERGY & WEATHERIZATION ASSISTANCE PROGRAM: HELP FAMILIES WITH LOW INCOME TO HAVE HEAT DURING WINTER HEATING MONTHS, WEATHERIZE THEIR HOMES TO IMPROVE ENERGY EFFICIENCY, ASSISTS WITH REPAIR TO NON- WORKING HEAT SOURCES AND ASSIST WITH OTHER EMERGENCY HOUSING ASSISTANCE/RENT SERVICES. THESE PROGRAMS ASSISTED 29,368 INDIVIDUALS IN 2023.
THE NATIONAL FARMWORKER JOBS PROGRAM: PROVIDES EMPLOYMENT RELATED SERVICES TO ELIGIBLE SEASONAL MIGRANT FARM WORKERS AND THEIR FAMILIES IN WASHINGTON STATE. IT IS ESTIMATED THAT THE PROGRAM HAS ASSISTED 2,299 INDIVIDUALS IN 2023.
OTHER PROGRAM SERVICES : COMMUNITY BLOCK GRANTS, AVISTA LIRP, ASSET BUILDING , HOUSING AND FORECLOSURE COUNSELING, BASIC FOODS , EDUCATIONAL PROGRAMS,EMERGENCY RENTAL ASSISTANCE,AFTER SCHOOL CHILDREN & COMMUNITY ACTIVITIES, AND ALSO VARIOUS OTHER ENERGY & WEATHERIZATION RELATED PROGRAMS. THESE VARIOUS PROGRAMS SERVED 95,702 INDIVIDUALS IN 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Peterson CEO | Officer | 40 | $167,307 |
Dereje Mekuria CFO | Officer | 40 | $166,990 |
Isidra Sanchez COO | Officer | 40 | $109,677 |
Haydee Barbosa Outreach Director | 40 | $109,134 | |
Danny Herrera Board Member | Trustee | 1 | $0 |
Juan C Gonzalez Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $21,040,441 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $1,726,905 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,040,441 |
| Total Program Service Revenue | $207,582 |
| Investment income | $192,247 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$119,909 |
| Net Gain/Loss on Asset Sales | $246,723 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,567,084 |
| 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. | $484,632 |
| Compensation of current officers, directors, key employees. | $484,632 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,642,343 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,092,140 |
| Payroll taxes | $599,810 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $18,108 |
| Fees for services: Accounting | $28,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $266,095 |
| Advertising and promotion | $68,273 |
| Office expenses | $266,837 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $840,587 |
| Travel | $220,720 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $46,944 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $172,791 |
| Insurance | $79,767 |
| All other expenses | $635,297 |
| Total functional expenses | $21,455,008 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $807,193 |
| Savings and temporary cash investments | $150,117 |
| Pledges and grants receivable | $2,489,132 |
| Accounts receivable, net | $3,808 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,263 |
| Prepaid expenses and deferred charges | $328,364 |
| Net Land, buildings, and equipment | $2,331,294 |
| Investments—publicly traded securities | $8,265,668 |
| Investments—other securities | $18,133 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $423,379 |
| Total assets | $14,818,351 |
| Accounts payable and accrued expenses | $1,619,928 |
| Grants payable | $0 |
| Deferred revenue | $1,669,690 |
| 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 | $423,379 |
| Total liabilities | $3,712,997 |
| Net assets without donor restrictions | $11,105,354 |
| 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 | $14,818,351 |