Upgrade Service Corp is located in Peoria, IL. The organization was established in 1971. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, 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. Upgrade Service Corp is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 09/2022, Upgrade Service Corp generated $64.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (6.9%) each year. All expenses for the organization totaled $93.7k during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
MANAGEMENT OF LOW TO MODERATE INCOME HOUSING
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry Cunefare Board President | 0 | $0 | |
Bea Cagle Board Vice President | 0 | $0 | |
Adamu Alhassan Board Secretary | 0 | $0 | |
Mark Gamage Board Treasurer | 0 | $0 | |
Lamar Anderson Board Member | 0 | $0 | |
Stephen Cantrail Board Member | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $64,778 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $64,778 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $56,056 |
| Professional fees and other payments to independent contractors | $4,010 |
| Occupancy, rent, utilities, and maintenance | $29,806 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,866 |
| Total expenses | $93,738 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $745 |
| Other assets | $0 |
| Total assets | $31,574 |
| Total liabilities | $28,395 |
| Net assets or fund balances | $3,179 |