International Institute Of Akron Inc
- Assets
- $3.0m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 29
- Location
- Akron, OH
- Founding
- 10/1955
- Data as of
- 12/2021
- EIN
- 34-0733161
Organization Overview
International Institute Of Akron Inc is located in Akron, OH. The organization was established in 1955. According to its NTEE Classification (P84) the organization is classified as: Ethnic & Immigrant Centers, under the broad grouping of Human Services and related organizations. As of 12/2021, International Institute Of Akron Inc employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Institute Of Akron 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 12/2021, International Institute Of Akron Inc generated $2.3m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.4%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SERVICES THAT ASSIST THOSE BORN OUTSIDE OF THE U.S. TO INTEGRATE INTO AMERICAN SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMPLOYMENT: IIA PROVIDES COMPREHENSIVE EMPLOYMENT COUNSELING AND ADVISORY SERVICES TO SUPPORT THE INTEGRATION AND SELF-SUFFICIENCY OF IMMIGRANTS AND REFUGEES IN GREATER AKRON AND NORTHEAST OHIO. SERVICES INCLUDE INDIVIDUALIZED EMPLOYMENT CASE MANAGEMENT AND SKILL ASSESSMENT, DEVELOPMENT OF A FAMILY SELF-SUFFICIENCY CONTRACT AND BUDGET, ORIENTATION TO THE WORLD OF WORK AND U.S. WORKPLACE UNDERSTANDING, JOB CLUBS, AND TARGETED ESOL AND SKILL DEVELOPMENT. ADDITIONAL SERVICES INCLUDE HELPING CLIENTS OVERCOME KEY EMPLOYMENT BARRIERS SUCH AS TRANSPORTATION AND CHILDCARE. THE IIA EMPLOYMENT SERVICES TEAM HAS ALSO ESTABLISHED RELATIONSHIPS WITH OVER 60 EMPLOYERS IN THE NORTHEAST OHIO REGION TO SUPPORT TALENT RECRUITMENT AND DEVELOPMENT. IN 2021, 94% OF REFUGEE CLIENTS ARE SELF-SUFFICIENT WITHIN 180 DAYS OF ARRIVAL. IIA'S EMPLOYMENT PROGRAMS ARE FUNDED THROUGH STATE AND FEDERAL CONTRACTS
REFUGEE RESETTLEMENT: 212 REFUGEES WERE RESETTLED TO THE AKRON AREA IN 2021. THIS PROGRAM PROVIDES COMPREHENSIVE SERVICES FOR REFUGEES, ASYLEES, VICTIMS OF TRAFFICKING AND SECONDARY REFUGEES WHO RELOCATE FROM OTHER U.S. STATES. THE PRIMARY GOAL IS TO HELP INDIVIDUALS ACQUIRE A WORKING KNOWLEDGE OF THE ENGLISH LANGUAGE, GAIN EMPLOYMENT AND ACHIEVE SELF-SUFFICIENCY AS THEY ADJUST TO THEIR NEW LIFE IN AKRON, OHIO.
INTERPRETING AND TRANSLATION SERVICES: INTERPRETING, TRANSLATION AND CULTURAL COMPETENCY SERVICES ARE OFFERED TO ASSIST IMMIGRANTS, REFUGEES, AND LOCAL SERVICE PROVIDERS IN THE GREATER AKRON AREA IN OVERCOMING LANGUAGE AND CULTURAL BARRIERS IN COMMUNICATION. 4 ,600 HOURS OF INTERPRETING AND TRANSLATION SERVICES WERE PROVIDED IN 2021.
OTHER PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Madhu Sharma Executive Director | Officer | 45 | $91,382 |
Kurt Winebrenner Director Of Business/opera | Officer | 45 | $65,580 |
Jeremy Lile Vice President | OfficerTrustee | 3 | $0 |
David Pelland Vice President | OfficerTrustee | 5 | $0 |
Thomas Jalbert Treasurer | OfficerTrustee | 5 | $0 |
Gail Kwok Segatta Secretary | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,406,489 |
| All other contributions, gifts, grants, and similar amounts not included above | $334,523 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,741,012 |
| Total Program Service Revenue | $488,765 |
| Investment income | $10,392 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $36,804 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,301,795 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $285,709 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $173,491 |
| Compensation of current officers, directors, key employees. | $74,916 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $834,487 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $135,461 |
| Payroll taxes | $86,788 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $46,396 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,534 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $100,622 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $53,176 |
| Travel | $12,262 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,165 |
| Insurance | $16,185 |
| All other expenses | $54,154 |
| Total functional expenses | $2,184,358 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $131,161 |
| Savings and temporary cash investments | $275,899 |
| Pledges and grants receivable | $668,931 |
| Accounts receivable, net | $141,896 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,250,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $12,212 |
| Net Land, buildings, and equipment | $31,026 |
| Investments—publicly traded securities | $441,695 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,952,820 |
| Accounts payable and accrued expenses | $117,486 |
| Grants payable | $0 |
| Deferred revenue | $222,200 |
| 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 | $1,250,000 |
| Total liabilities | $1,589,686 |
| Net assets without donor restrictions | $792,339 |
| Net assets with donor restrictions | $570,795 |
| 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 | $2,952,820 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that International Institute Of Akron Inc has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Hillier Family Foundation Akron, OH PURPOSE: SOCIAL SERVICES | $50,000 |
Endowment Analysis
| Beg. Balance | $445,610 |
| Earnings | $38,618 |
| Other Expense | $42,533 |
| Ending Balance | $441,695 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arab American And Chaldean Council Troy, MI | $8,630,669 | $15,092,371 |
Nationalities Service Center Of Philadelphia Philadelphia, PA | $6,008,905 | $13,342,474 |
Lch Health And Community Services Kennett Square, PA | $6,724,367 | $8,909,074 |
Hias And Council Migration Service Of Philadelphia Inc Philadelphia, PA | $6,751,198 | $6,830,316 |
Asian Services In Action Inc Akron, OH | $3,625,335 | $5,907,742 |
Aclamo Norristown, PA | $978,661 | $4,856,819 |
Us Together Inc Columbus, OH | $985,790 | $3,702,969 |
Exodus Refugee Immigration Inc Indianapolis, IN | $2,775,622 | $4,589,376 |
Hispanic American Organization Inc Allentown, PA | $4,490,641 | $3,194,096 |
Southeast Asian Maa Coalition Inc Philadelphia, PA | $3,028,639 | $3,544,342 |
Community Refugee And Immigration Services Inc Columbus, OH | $1,944,454 | $3,415,848 |
Centro Hispano Daniel Torres Inc Reading, PA | $2,041,351 | $3,141,164 |