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Industrial Aid Inc

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

EIN: 430950642 ✦ St louis, MO ✦ Designated as a 501(c)(3)

Overview

What is Industrial Aid Inc?

Industrial Aid Inc is a nonprofit organization located in St. Louis, Missouri, with an address at 4417 Oleatha Street. Their primary mission is to offer employment opportunities to individuals who have been certified as developmentally disabled. During the fiscal year ending June 30, 2023, they served over a hundred clients. The organization operates a sheltered workshop, providing a safe and structured environment for these individuals to gain employment and contribute to their community. Industrial Aid Inc employs a total of 172 individuals, ensuring they have the necessary support and resources to excel in their roles.


Official website here: www.industrialaid.com

Is Industrial Aid Inc legitimate?

Industrial Aid Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Industrial Aid 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: $158,931
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,602,521

For more financial information, click here


Official website here: www.industrialaid.com

What is the mission statement of Industrial Aid Inc?

Industrial Aid Inc's mission is centered around providing employment opportunities for individuals who have been diagnosed as developmentally disabled. Through a sheltered workshop setup, this organization aims to offer a conducive environment for these individuals, serving over a hundred clients annually as stated in their recent fiscal year report. Their primary objective is to empower these individuals by enabling them to contribute to society through gainful employment. The organization's activities largely revolve around providing employment and fostering an inclusive work environment.


Official website here: www.industrialaid.com

Who is the CEO of Industrial Aid Inc?

Mike Stroud is the President of Industrial Aid Inc. The CEO's salary of Industrial Aid Inc is $155,140 and their total compensation is $166,422.


Official website here: www.industrialaid.com

What is the revenue of Industrial Aid Inc?

Industrial Aid Inc's revenue in 2023 was $4,596,416.


Official website here: www.industrialaid.com

Who are the executives of Industrial Aid Inc and what are their salaries?

The average compensation at Industrial Aid Inc during 2023 was $16,055. There are 172 employees at Industrial Aid Inc.

Here are 11 key members and their salaries (Industrial Aid Inc's CEO's salary is $155,140 and their total compensation is $166,422):

    Mike Stroud (Ceo & Executive Director)
  • Compensation: $155,140
  • Related: $0
  • Other: $11,282

    • Lynn Beauchaine (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Judy Ryan (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jaime Jankowski (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Antonia Banks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jacqueline Bonds-Fowler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Suzanne Fenton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Hamlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kimberly Long (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Willers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marge Zeller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.industrialaid.com

    Where can I find the form 990 for Industrial Aid Inc?

    The Industrial Aid Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.industrialaid.com

    Learn more at the official website: www.industrialaid.com

    Mission Statement of Industrial Aid Inc

    Industrial Aid Inc, a nonprofit organization, is dedicated to providing employment opportunities for individuals who have been certified as developmentally disabled. Through its sheltered workshop, the organization offers a conducive environment where these individuals can hone their skills and contribute to society. During the fiscal year ending June 30, 2023, Industrial Aid Inc served over one hundred such clients, demonstrating its commitment to this cause.

    Impact

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




    Saturday, July 20, 2024

    Industrial Aid Inc's impact lies in providing meaningful employment opportunities for individuals who have been certified as developmentally disabled. By running a sheltered workshop, the organization serves over one hundred clients, offering them a chance to work and contribute to society. Through this initiative, Industrial Aid Inc not only provides essential services but also promotes inclusivity and empowerment for a marginalized community. Their focus on employment helps individuals develop skills, gain independence, and find purpose in their work. Overall, Industrial Aid Inc's impact is instrumental in improving the lives of those with developmental disabilities by offering them a path to self-sufficiency and dignity.





    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: $18,708
  • Program Service Revenue: $3,634,650
  • Gross Receipts: $4,789,464

    • Assets and Liabilities:
  • Total Assets: $7,336,142
  • Total Liabilities: $753,610
  • Net Assets: $6,582,532
  • Programs

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

    SHELTERED WORKSHOP

    Revenue

    $3,626,557

    RECYCLING

    Revenue

    $8,093

    Organization Details

    Founding Year

    1970

    Principal Officer

    Mike Stroud

    Main Address

    4417 OLEATHA, ST LOUIS, MO, 63116

    NTEE Category

    Code: J330 - Employment

    If you are a representative of Industrial Aid 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.