Wesco Industries Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 426098004 ✦ Denison, IA ✦ Designated as a 501(c)(3)

Overview

What is Wesco Industries Inc?

Wesco Industries Inc, situated in Denison, Iowa, is a nonprofit organization with a mission to serve individuals with mental and physical disabilities. The organization demonstrates its commitment through various residential sites, where it provides support and care, as indicated by the listed site-specific expenses totalling over two million dollars. Despite not having specific information about their programs or services beyond residency, it's clear Wesco Industries Inc is dedicated to enhancing the lives of individuals with disabilities, offering them a nurturing environment to thrive. With a workforce of 201 employees, the organization is well-equipped to carry out its mission.


Is Wesco Industries Inc legitimate?

Wesco Industries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wesco Industries Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $164,899
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,659,839

For more financial information, click here


What is the mission statement of Wesco Industries Inc?
Who is the CEO of Wesco Industries Inc?
What is the revenue of Wesco Industries Inc?
Who are the executives of Wesco Industries Inc and what are their salaries?
Where can I find the form 990 for Wesco Industries Inc?

Mission Statement of Wesco Industries Inc

Wesco Industries Inc, as stated in the provided information, is dedicated to serving individuals with mental and physical disabilities. The organization's mission is focused on providing support and care to these individuals, as evidenced by the various funding allocations for residential sites and a transition home. The financial figures indicate that Wesco Industries Inc invests significantly in residential facilities, with Residential-Site 1 receiving $295,954, Residential-Site 2 receiving $243,682, and so on, totaling over a million dollars in funding for these sites alone. This investment suggests a commitment to providing a substantial residential infrastructure for individuals with disabilities. Additionally, the Transition Home, which is allocated $507,188, indicates a focus on helping individuals transition from residential care to more independent living situations. Overall, Wesco Industries Inc's mission can be seen as a dedication to providing a supportive environment and resources for individuals with mental and physical disabilities, aiming to improve their quality of life and facilitate their transition to more independent living.

Impact

This information is meant to be a general summary of Wesco Industries Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Wesco Industries Inc's impact is significant in serving persons with mental and physical disabilities. Through their various residential sites and transition home in DENISON, IA, Wesco Industries Inc provides essential support and care for individuals in need. Their mission to serve persons with disabilities aligns with their commitment to creating employment opportunities and fostering independence within this vulnerable population. With a focus on inclusivity and empowerment, Wesco Industries Inc plays a crucial role in enhancing the quality of life for those they serve.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,923
  • Program Service Revenue: $9,687,554
  • Gross Receipts: $10,531,788

    • Assets and Liabilities:
  • Total Assets: $6,407,960
  • Total Liabilities: $785,958
  • Net Assets: $5,622,002
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Managed Care-Amerigroup

    Revenue

    $5,789,139

    Managed Care-Iowa Total Care

    Revenue

    $3,169,179

    Business Services

    Revenue

    $238,964

    County contracts/Private pay

    Revenue

    $122,708

    Other programs

    Revenue

    $211,343

    Organization Details

    Founding Year

    1966

    Principal Officer

    Clayton Adams

    Main Address

    415 SOUTH 11th STREET, DENISON, IA, 51442

    NTEE Category

    Code: J30 - Employment

    If you are a representative of Wesco Industries Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.