P A D S
- Assets
- $1.1m
- Revenue
- $717.3k
- Investments
- $0.0
- Employees
- 46
- Location
- Elgin, IL
- Founding
- 01/1995
- Data as of
- 06/2023
- EIN
- 36-3895063
Organization Overview
P A D S is located in Elgin, IL. The organization was established in 1995. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 06/2023, P A D S employed 46 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. P A D S 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, P A D S generated $717.3k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $931.0k during the year ending 06/2023. 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
OFFERING EMERGENCY SHELTER TO INDIVIDUALS EXPERIENCING HOMELESSNESS TO DEVELOP A SUSTAINABLE FUTURE BY PROVIDING ESSENTIAL SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SHELTER FOR HOMELESS INDIVIDUALS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Kruger President | OfficerTrustee | 10 | $0 |
Steve Kroiss Vice President | OfficerTrustee | 10 | $0 |
Joanna Torres Treasurer | OfficerTrustee | 10 | $0 |
Debbie Mcguire Secretary | OfficerTrustee | 10 | $0 |
Dan Fox Director | Trustee | 10 | $0 |
Douglas Kramp Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $35,938 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $442,159 |
| All other contributions, gifts, grants, and similar amounts not included above | $161,860 |
| Noncash contributions included in lines 1a–1f | $5,250 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $639,957 |
| Total Program Service Revenue | $0 |
| Investment income | $22,655 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $54,698 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $717,310 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $502,267 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $21,137 |
| Payroll taxes | $57,182 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $740 |
| Office expenses | $10,846 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $173,092 |
| Travel | $4,670 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,775 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,368 |
| Insurance | $18,192 |
| All other expenses | $1,106 |
| Total functional expenses | $931,009 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $641,180 |
| Pledges and grants receivable | $172,794 |
| 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 | $6,467 |
| Net Land, buildings, and equipment | $89,915 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $190,012 |
| Total assets | $1,100,368 |
| Accounts payable and accrued expenses | $9,672 |
| Grants payable | $0 |
| Deferred revenue | $8,898 |
| 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 | $193,191 |
| Total liabilities | $211,761 |
| Net assets without donor restrictions | $715,813 |
| Net assets with donor restrictions | $172,794 |
| 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 | $1,100,368 |