Peoples Resource Center
- Assets
- $13.7m
- Revenue
- $20.6m
- Investments
- $0.0
- Employees
- 56
- Location
- Wheaton, IL
- Founding
- 09/1983
- Data as of
- 06/2023
- EIN
- 36-3157600
Organization Overview
Peoples Resource Center is located in Wheaton, IL. The organization was established in 1983. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2023, Peoples Resource Center employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peoples Resource Center 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 06/2023, Peoples Resource Center generated $20.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $18.8m during the year ending 06/2023. While expenses have increased by 9.5% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
RESPOND TO BASIC HUMAN NEEDS, PROMOTE DIGNITY & JUSTICE & CREATE A FUTURE OF HOPE & OPPORTUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOOD PANTRIES - 5,297 FAMILIES RECEIVED 73,046 GROCERY CARTS FILLED WITH A WEEK'S WORTH OF NUTRITIOUS FOOD.
HOMELESS PREVENTION - 215 FAMILIES RECEIVED FINANCIAL ASSISTANCE TO REGAIN HOUSING STABILITY AND 520 FAMILIES RECEIVED HEALTH AND WELFARE ASSESSMENTS AND REFERRALS.
COMPUTER ACCESS - 727 FAMILIES RECEIVED FREE REFURBISHED COMPUTERS FOR THEIR HOMES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erin Norton President | OfficerTrustee | 0.5 | $0 |
Consuelo Cabral Vice President | OfficerTrustee | 0.5 | $0 |
Brent Loebig Treasurer | OfficerTrustee | 0.5 | $0 |
Anjali Alva Secretary | OfficerTrustee | 0.5 | $0 |
Jack Balderman Director | Trustee | 0.5 | $0 |
Ophelia Barsketis Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $125,000 |
| Membership dues | $0 |
| Fundraising events | $33,092 |
| Related organizations | $0 |
| Government grants | $505,876 |
| All other contributions, gifts, grants, and similar amounts not included above | $19,799,794 |
| Noncash contributions included in lines 1a–1f | $13,181,723 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,463,762 |
| Total Program Service Revenue | $0 |
| Investment income | $124,307 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $15,887 |
| Net Income from Fundraising Events | $6,554 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,616,135 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $14,289,543 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $289,653 |
| Compensation of current officers, directors, key employees. | $190,034 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,201,347 |
| Pension plan accruals and contributions | $52,878 |
| Other employee benefits | $246,576 |
| Payroll taxes | $192,867 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $34,355 |
| Fees for services: Accounting | $19,315 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $106,400 |
| Fees for services: Investment Management | $36,536 |
| Fees for services: Other | $262,782 |
| Advertising and promotion | $0 |
| Office expenses | $90,278 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $397,430 |
| Travel | $0 |
| 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 | $303,402 |
| Insurance | $39,401 |
| All other expenses | $0 |
| Total functional expenses | $18,836,857 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $545,027 |
| Pledges and grants receivable | $1,938,550 |
| Accounts receivable, net | $11,990 |
| 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 | $126,411 |
| Net Land, buildings, and equipment | $5,755,855 |
| Investments—publicly traded securities | $5,349,120 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,726,953 |
| Accounts payable and accrued expenses | $305,804 |
| 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 | $305,804 |
| Net assets without donor restrictions | $10,191,614 |
| Net assets with donor restrictions | $3,229,535 |
| 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 | $13,726,953 |