Tri-County Independent Living Center Inc
- Assets
- $1.0m
- Revenue
- $637.6k
- Investments
- $71.6k
- Employees
- 5
- Location
- Akron, OH
- Founding
- 04/1987
- Data as of
- 12/2021
- EIN
- 34-1508476
Organization Overview
Tri-County Independent Living Center Inc is located in Akron, OH. The organization was established in 1987. As of 12/2021, Tri-County Independent Living Center Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tri-County Independent Living Center 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, Tri-County Independent Living Center Inc generated $637.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $568.1k during the year ending 12/2021. While expenses have increased by 2.0% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO EMPOWER CITIZENS WITH DISABILITIES TO BE IN CHARGE OF THEIR LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CENTER ENGAGES IN DELIVERING INDEPENDENT LIVING SERVICES TO AND PROVIDING ADVOCACY TO CITIZENS WITH DISABILITIES IN THE TRI-COUNTY AREA. THE CENTER ALSO SERVES AS THE PROVIDER OF OHIO'S REGIONAL YOUTH LEADERSHIP FORUM FOR HIGH SCHOOL JUNIORS AND SENIORS WITH DISABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Ballard Executive Director | Officer | 40 | $60,975 |
Sharon Connor President | OfficerTrustee | 2 | $0 |
Robert Boyce Vice President | OfficerTrustee | 2 | $0 |
Chris Benko Treasurer | OfficerTrustee | 2 | $0 |
Dianne Capitena Secretary | OfficerTrustee | 2 | $0 |
Abby Morgan Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $578,291 |
| All other contributions, gifts, grants, and similar amounts not included above | $200 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $578,491 |
| Total Program Service Revenue | $55,598 |
| Investment income | $3,560 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$76 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $637,573 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $146,875 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $68,729 |
| Compensation of current officers, directors, key employees. | $19,932 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $188,710 |
| Pension plan accruals and contributions | $11,769 |
| Other employee benefits | $40,520 |
| Payroll taxes | $19,533 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,170 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $862 |
| Fees for services: Other | $2,689 |
| Advertising and promotion | $0 |
| Office expenses | $18,444 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $33,514 |
| Travel | $4,772 |
| 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 | $200 |
| Insurance | $7,672 |
| All other expenses | $747 |
| Total functional expenses | $568,118 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $946,813 |
| Pledges and grants receivable | $13,848 |
| Accounts receivable, net | $0 |
| 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 | $5,705 |
| Net Land, buildings, and equipment | $750 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $71,600 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,191 |
| Total assets | $1,040,907 |
| Accounts payable and accrued expenses | $22,995 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $22,995 |
| Net assets without donor restrictions | $1,017,912 |
| 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 | $1,040,907 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Tri-County Independent Living Center Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Akron Community Foundation Akron, OH PURPOSE: TO MAKE HOMES ACCESSIBLE FOR LOW INCOME RESIDENTS USING WHEELCHAIRS OR OTHER MOBILITY DEVICES | $5,000 |
Endowment Analysis
| Beg. Balance | $64,381 |
| Earnings | $7,219 |
| Ending Balance | $71,600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lifepath Inc Bethlehem, PA | $16,375,816 | $63,331,382 |
Abilities Services Inc Crawfordsville, IN | $5,400,510 | $4,361,023 |
Passages Inc Columbia City, IN | $0 | $4,886,280 |
Disability Network Southwest Michigan Kalamazoo, MI | $2,870,397 | $4,184,062 |
Happiness Bag Players Inc Terre Haute, IN | $2,312,549 | $2,153,748 |
Pine Lake Fund Plainwell, MI | $1,887,391 | $1,254,351 |
Disability Network Lakeshore Holland, MI | $944,262 | $1,270,593 |
Lucy Idol Center Inc Vermilion, OH | $2,468,437 | $1,362,124 |
Creative Living Inc Columbus, OH | $4,155,829 | $760,385 |
Tri-County Independent Living Center Inc Akron, OH | $1,040,907 | $637,573 |
Monongalia County Society For Disabled Children And Adults Morgantown, WV | $1,685,443 | $376,114 |
Maximum Accessible Housing-Lake Cleveland, OH | $1,038,981 | $366,076 |