People Incorporated
- Assets
- $29.0m
- Revenue
- $45.3m
- Investments
- $0.0
- Employees
- 1,001
- Location
- Fall River, MA
- Founding
- 04/1969
- Data as of
- 06/2020
- EIN
- 04-2447216
Organization Overview
People Incorporated, operating under the name People Inc, is located in Fall River, MA. The organization was established in 1969. According to its NTEE Classification (J33) the organization is classified as: Sheltered Employment, under the broad grouping of Employment and related organizations. As of 06/2022, People Inc employed 1,001 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. People Inc 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 06/2020, People Inc generated $45.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $43.1m during the year ending 06/2020. While expenses have increased by 4.2% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO STRENGTHEN OUR COMMUNITY FOR EACH OF ITS MEMBERS BY PROVIDING PREMIER DEVELOPMENTAL, THERAPEUTIC, EDUCATIONAL AND VOCATIONAL SERVICES TO CHILDREN AND ADULTS OF ALL ABILITIES IN A COLLABORATIVE AND CREATIVE ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESIDENTIAL SERVICES - HAS 33 24-HOUR FACILITIES HOUSING OVER 148 INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES; PROVIDES LESS THAN 24 HR SERVICE TO 75 PEOPLE LIVING IN THE COMMUNITY.
CHILDRENS AND YOUTH SERVICES - OVER 1,200 INDIVIDUALS AND FAMILIES RECEIVED EARLY INTERVENTION AND OTHER OUTREACH AND GROUP SERVICES FOR PRESCHOOL CHILDREN INCLUDING DAY CARE.
DAY AND EMPLOYMENT SERVICES - PROVIDES SERVICES TO MEET THE WORK NEEDS OF DISABLED ADULTS AND FACILITATE THEIR PARTICIPATION IN COMMUNITY-BASED EMPLOYMENT, ALONG WITH OPPORTUNITIES IN JOB PLACEMENT, SHELTERED WORKSHOP, SUPPORTED WORK, DAY HABILITATION, AND COMMUNITY SOCIAL EXPERIENCES. SERVED OVER 300 PEOPLE IN FY2022.
FAMILY SUPPORT CENTER & COMMUNITY EDUCATION - PROVIDES RESOURCES AND REFERRAL AND SERVICE NAVIGATION TO FAMILIES AND INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES OR OTHER AT-RISK ISSUES. ALSO PROVIDES INDIVIDUAL/COMMUNITY SUPPORTS, RESPITE CARE, AND ADULT FOSTER CARE SERVICES. OVER 3,000 FAMILIES RECEIVED SERVICES IN FY2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Megan Stirk President/ceo | Officer | 40 | $247,708 |
William Perkins COO | Officer | 40 | $215,836 |
Elizabeth Machado CFO | Officer | 40 | $169,550 |
Jason Rua Chairperson | OfficerTrustee | 2 | $0 |
Janna Lafrance Clerk | OfficerTrustee | 2 | $0 |
James Wallace Treasurer | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tech Service Center Vehicle Maintenance | 6/29/22 | $122,177 |
Atlantic Cleaning Company Cleaning Services | 6/29/22 | $120,150 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $160,430 |
| Investment income | $24,310 |
| 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 | $45,288,880 |
| Statement of Expenses | |
|---|---|
| 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. | $655,997 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $27,076,505 |
| Pension plan accruals and contributions | $83,064 |
| Other employee benefits | $1,509,245 |
| Payroll taxes | $3,446,718 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $74,668 |
| Fees for services: Accounting | $50,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $832,298 |
| Advertising and promotion | $80,353 |
| Office expenses | $252,952 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,309,748 |
| Travel | $582,909 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $54,503 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,035,890 |
| Insurance | $538,631 |
| All other expenses | $0 |
| Total functional expenses | $43,063,375 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $78,883 |
| Savings and temporary cash investments | $7,130,694 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,966,300 |
| 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 | $196,778 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,970,520 |
| Total assets | $28,974,266 |
| Accounts payable and accrued expenses | $3,607,049 |
| Grants payable | $0 |
| Deferred revenue | $13,871 |
| 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 | $7,418,247 |
| Unsecured mortgages and notes payable | $1,940,000 |
| Other liabilities | $698,958 |
| Total liabilities | $13,678,125 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $15,296,141 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that People Incorporated has recieved totaling $87,926.
| Awarding Organization | Amount |
|---|---|
United Way Of Greater Fall River Inc Fall River, MA PURPOSE: PRESCHOOL BEHAVIORAL SUPPORT; COMMUNITY WRAP AROUND SUPPORT; FOOD GRANT | $107,926 |
Amelia Peabody Foundation Wellesley, MA PURPOSE: UNUSED PORTION OF GRANT REFUNDED | -$20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
People Incorporated Fall River, MA | $28,974,266 | $45,288,880 |
Abilities First Inc Wappingers Falls, NY | $21,286,855 | $36,146,519 |
Human Technologies Corporation Utica, NY | $23,670,798 | $21,526,273 |
J M Murray Center Inc Cortland, NY | $15,884,955 | $15,927,210 |
People Inc Williamsville, NY | $7,369,962 | $11,056,256 |
Oswego Industries Inc Fulton, NY | $4,770,694 | $6,301,381 |
Ari Of Connecticut Inc Stamford, CT | $4,205,582 | $6,510,135 |
Spectrum Designs Foundation Ltd Port Washington, NY | $6,618,337 | $6,742,089 |
Career Resources Corp Haverhill, MA | $5,214,556 | $4,441,161 |
Workshop Inc Menands, NY | $3,888,249 | $4,869,507 |
Grow Associates Inc Randolph, MA | $11,859,296 | $4,151,942 |
Association For Vision Rehabilitation And Employment Inc Binghamton, NY | $14,211,019 | $4,402,456 |