Independence Health & Therapy
- Assets
- $3.8m
- Revenue
- $3.1m
- Investments
- $1.2m
- Employees
- 70
- Location
- Woodstock, IL
- Founding
- 11/1982
- Data as of
- 06/2022
- EIN
- 36-3152022
Organization Overview
Independence Health & Therapy is located in Woodstock, IL. The organization was established in 1982. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. As of 06/2022, Independence Health & Therapy employed 70 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Independence Health & Therapy 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 06/2022, Independence Health & Therapy generated $3.1m 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 $3.0m during the year ending 06/2022. While expenses have increased by 4.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ADULTS, CAREGIVERS AND FAMILIES WITH PROGRAMS AND SERVICES PROMOTING AN ENHANCED QUALITY OF LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADULT DAY HEALTH - PROVIDING DAY CARE TO ADULTS WITHIN THE COMMUNITY
BEHAVIORAL HEALTH SERVICES - PROVIDING ASSISTANCE TO ADULTS SUFFERING FROM A SERIOUS MENTAL ILLNESS TO DEVELOP OR REGAIN THE SKILLS TO LIVE, WORK, LEARN AND PARTICIPATE FULLY IN THEIR COMMUNITIES.
MEMORY CARE PROGRAM - PROVIDING PERSON-CENTERED CARE TO ADDRESS THE INDIVIDUAL NEEDS AND INTEREST OF ADULTS WITH A DEMENTIA DIAGNOSIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Buckley Executive Director | Officer | 40 | $92,083 |
Cindy Bock Secretary | OfficerTrustee | 1 | $0 |
Dave Byrnes President | OfficerTrustee | 2 | $0 |
Keith Hogan Treasurer | OfficerTrustee | 2 | $0 |
Tim Urban Vice President | OfficerTrustee | 1 | $0 |
Patricia Kraft Officer | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $86,000 |
| Membership dues | $0 |
| Fundraising events | $49,792 |
| Related organizations | $0 |
| Government grants | $1,000,652 |
| All other contributions, gifts, grants, and similar amounts not included above | $861,094 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,997,538 |
| Total Program Service Revenue | $1,112,782 |
| Investment income | $33,077 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$30,355 |
| Net Income from Fundraising Events | -$23,156 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,091,116 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $111,400 |
| Compensation of current officers, directors, key employees. | $44,560 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,658,510 |
| Pension plan accruals and contributions | $18,542 |
| Other employee benefits | $157,401 |
| Payroll taxes | $140,521 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,146 |
| Fees for services: Accounting | $23,269 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $17,007 |
| Fees for services: Other | $310,046 |
| Advertising and promotion | $30,399 |
| Office expenses | $47,632 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $41,060 |
| Travel | $9,253 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,555 |
| Interest | $25,303 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $104,732 |
| Insurance | $54,354 |
| All other expenses | $59,173 |
| Total functional expenses | $3,036,144 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,699 |
| Savings and temporary cash investments | $584,243 |
| Pledges and grants receivable | $183,024 |
| Accounts receivable, net | $246,654 |
| 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 | $25,526 |
| Net Land, buildings, and equipment | $1,419,614 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,219,931 |
| Investments—program-related | $0 |
| Intangible assets | $1,844 |
| Other assets | $153,554 |
| Total assets | $3,846,089 |
| Accounts payable and accrued expenses | $208,961 |
| Grants payable | $0 |
| Deferred revenue | $72,558 |
| 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 | $562,472 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $843,991 |
| Net assets without donor restrictions | $2,842,294 |
| Net assets with donor restrictions | $159,804 |
| 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 | $3,846,089 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Independence Health & Therapy has recieved totaling $60,109.
| Awarding Organization | Amount |
|---|---|
Bersted Foundation Dallas, TX PURPOSE: PHYSICAL, OCCUPATIONAL, | $25,000 |
Family Health Partnership Clinic Crystal Lake, IL PURPOSE: Pandemic Health Navigator | $13,834 |
Full Circle Foundation Richmond, IL PURPOSE: PROVIDE ADULT DAY CARE, MEMORY CARE PROGRAM AND BEHAVIORIAL HEALTH SERVICES | $10,000 |
Mental Health Resource League For Mchenry County McHenry, IL PURPOSE: TO AID FINANCIALLY | $6,167 |
Gerhard H And Patricia Weiler Family Foundation Harvard, IL PURPOSE: GENERAL OPERATING SUPPORT | $4,000 |
Lichtenheld Family Foundation Woodstock, IL PURPOSE: CHARITABLE CONTRIBUTION | $1,000 |
Endowment Analysis
| Beg. Balance | $179,793 |
| Earnings | -$16,596 |
| Admin Expense | $1,685 |
| Net Contributions | $42,276 |
| Other Expense | $50,234 |
| Ending Balance | $153,554 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Renaissance Social Services Inc Chicago, IL | $2,138,317 | $6,632,596 |
National Council Of The United States Society Of St Vincent De Pa Maryland Heights, MO | $13,687,159 | $9,469,574 |
Hamdard Center For Health And Human Services Nfp Addison, IL | $4,418,541 | $7,412,868 |
Community Memorial Foundation Hinsdale, IL | $100,177,205 | $2,649,104 |
Korean-American Senior Center Inc Chicago, IL | $3,306,753 | $5,703,474 |
Make-A-Wish Foundation Of Missouri And Kansas Ballwin, MO | $7,006,477 | $5,966,300 |
Nurses For Newborns Maplewood, MO | $4,515,132 | $4,457,590 |
On My Own Inc Nevada, MO | $3,816,358 | $3,622,772 |
Coordinated Advice And Referral Program For Legal Services Chicago, IL | $2,874,944 | $4,385,388 |
Illinois Child Care Bureau Chicago, IL | $364,682 | $4,111,886 |
After The Harvest Kansas City, MO | $781,454 | $3,296,471 |
Wisconsin Communty Action Program Association Incorporated Madison, WI | $526,927 | $3,675,578 |