Benco
- Assets
- $4.4m
- Revenue
- $5.8m
- Investments
- $0.0
- Employees
- 128
- Location
- Corvallis, OR
- Founding
- 10/1997
- Data as of
- 06/2022
- EIN
- 93-1184647
Organization Overview
Benco is located in Corvallis, OR. The organization was established in 1997. 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, Benco employed 128 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Benco 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, Benco generated $5.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $6.0m during the year ending 06/2022. While expenses have increased by 3.7% 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
TO PROVIDE RESIDENTIAL SERVICES IN BENTON COUNTY, OREGON, FOR PEOPLE WHO HAVE INTELLECTUAL DISABILITIES OR HAVE OTHER DEVELOPMENTAL DISABILITIES. THE ORGANIZATION HAS TWO DISTINCT PROGRAMS: GROUP HOMES AND SUPPORTED LIVING. THESE PROGRAMS PROVIDE SUPPORT AND ASSISTANCE IN ACCESSING GOVERNMENTAL PROGRAMS FOR INDIVIDUALS AND FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BENCO PROVIDES HOUSING, FOOD, AND LIVING SKILLS TRAINING FOR APPROXIMATELY 40-60 ADULTS WITH INTELLECTUAL DISABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Frazzini Executive Di | Officer | 40 | $97,860 |
Diana Albright Treasurer | OfficerTrustee | 1 | $0 |
Julie Hanson President | OfficerTrustee | 1 | $0 |
Alison Smith Secretary | OfficerTrustee | 1 | $0 |
Sandi Olsen Vice Preside | OfficerTrustee | 1 | $0 |
Diana Bardon Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $389,444 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,992 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $395,436 |
| Total Program Service Revenue | $5,445,402 |
| Investment income | $40 |
| 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 | $5,844,777 |
| 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. | $97,860 |
| Compensation of current officers, directors, key employees. | $13,200 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,441,615 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $386,443 |
| Payroll taxes | $397,468 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,409 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $41,415 |
| Advertising and promotion | $260 |
| Office expenses | $49,139 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $226,296 |
| Travel | -$147 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $29,052 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $40,096 |
| Insurance | $0 |
| All other expenses | $41,687 |
| Total functional expenses | $5,967,909 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $88,913 |
| Savings and temporary cash investments | $246,492 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $53,365 |
| 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 | $16,354 |
| Net Land, buildings, and equipment | $3,997,390 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,402,514 |
| Accounts payable and accrued expenses | $333,647 |
| 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 | $578,401 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $912,048 |
| Net assets without donor restrictions | $3,490,466 |
| 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 | $4,402,514 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Benco has recieved totaling $178.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $178 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
California Communications Access Foundation Oakland, CA | $50,718,300 | $18,764,665 |
Safe Haven Associates Seattle, WA | $503,706 | $15,765,595 |
Trybe Inc Oakland, CA | $6,930,985 | $20,805,295 |
Abilityfirst Pasadena, CA | $111,544,893 | $16,944,443 |
Advocates For Life Skills And Opportunity Inc Portland, OR | $15,204,732 | $15,008,329 |
Acociacion Nacional Pro Personas Mayores Pasadena, CA | $7,509,911 | $13,337,051 |
Challenged Athletes Inc San Diego, CA | $27,108,988 | $15,136,536 |
Starlight Childrens Foundation Culver City, CA | $15,437,142 | $12,239,496 |
Shelter Box Usa Santa Barbara, CA | $5,432,596 | $10,986,340 |
Futures Explored Inc Concord, CA | $3,603,169 | $10,023,046 |
Kokua Lacey, WA | $2,352,671 | $8,537,429 |
Tri-Cities Residential Services Kennewick, WA | $4,491,699 | $8,832,561 |