Kreider Services Foundation Inc
- Assets
- $28.9m
- Revenue
- $3.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Dixon, IL
- Founding
- 01/1987
- Data as of
- 10/2021
- EIN
- 36-3403379
Organization Overview
Kreider Services Foundation Inc is located in Dixon, IL. The organization was established in 1987. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kreider Services Foundation 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 10/2021, Kreider Services Foundation Inc generated $3.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.7% each year . All expenses for the organization totaled $583.3k during the year ending 10/2021. While expenses have increased by 8.3% 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
SERVICES FOR THE DEVELOPMENTALLY DISABLED
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADMINISTRATIVE & FINANCIAL SUPPORT FOR PEOPLE WITH DEVELOPMENTAL DISABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Stauter Secretary/treasurer | OfficerTrustee | 5 | $0 |
Nancy Grygiel Director | OfficerTrustee | 1 | $0 |
Dr Richard Pillar President | OfficerTrustee | 2 | $0 |
Arlan Mcclain Director | Trustee | 1 | $0 |
Chuck Beckman Director | Trustee | 1 | $0 |
Richard Schilling Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $379,990 |
| Investment income | $542,842 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,897,590 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,820,422 |
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $965 |
| Fees for services: Accounting | $18,140 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $81,319 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $583,260 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $260,000 |
| Savings and temporary cash investments | $3,771,825 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,049,326 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $22,038,006 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,805,654 |
| Total assets | $28,924,811 |
| Accounts payable and accrued expenses | $0 |
| 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 | $355,539 |
| Total liabilities | $355,539 |
| Net assets without donor restrictions | $28,569,272 |
| 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 | $28,569,272 |
Grants Awarded
Over the last fiscal year, Kreider Services Foundation Inc has awarded $100,426 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
KREIDER SERVICES INC PURPOSE: TO SUPPORT THE EARLY INTERVENTION PROGRAM | $25,000 |
KREIDER SERVICES INC PURPOSE: TO FUND CAPITAL PROJECTS | $73,926 |
KREIDER SERVICES INC PURPOSE: OTHER VARIOUS PROGRAMS - RECYCLING, AUTISM, DAY SERVICES, 60TH ANNIVERSARY, ETC. | $1,500 |