Mid Sioux Opportunity Inc
- Assets
- $5.1m
- Revenue
- $19.6m
- Investments
- $0.0
- Employees
- 133
- Location
- Remsen, IA
- Founding
- 03/1967
- Data as of
- 09/2022
- EIN
- 42-0921642
Organization Overview
Mid Sioux Opportunity Inc is located in Remsen, IA. The organization was established in 1967. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 09/2022, Mid Sioux Opportunity Inc employed 133 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mid Sioux Opportunity 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 09/2022, Mid Sioux Opportunity Inc generated $19.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $19.2m during the year ending 09/2022. While expenses have increased by 12.7% 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
SERVICE TO LOW INCOME AND ELDERLY INDIVIDUALS IN IOWA COUNTIES OF PLYMOUTH, SIOUX, LYON, CHEROKEE, AND IDA
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAMILY PRESERVATION AND STRENGTHING SERVICES ARE DESIGNED TO PROVIDE SUPPORTIVE SERVICES THAT HELP TO PERSERVE AND STREGTHEN PERSONS THROUGH PROGRAMS RELATED TO HEALTH, CHILD CARE, NUTRITION, AND OTHER SUPPORTIVE MEASURES. THERE WAS 8,451 PARTICIPANTS.
EDUCATIONAL SERVICES FOR THE DISADVANTAGED ARE PRE-SCHOOL EDUCATION AND SERVICES RELATED TO THOSE EDUCATIONAL PROGRAMS. 281 CHILDREN WERE SERVICED.
CRISIS INTERVENTION AND PREVENTION SERVICES ARE CENTERED ON ASSISTANCE WITH FAMILY EMERGENCY NEEDS IN THE AREA OF HOUSING, ENERGY, EMERGENCY SERVICES, AND FAMILY ECONOMIC SELF-SUFFICIENCY. 7032 FAMILIES PARTICIPATED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dick Sievers Executive Director | Officer | 40 | $84,980 |
Sharon Heidesch Hr/fiscal Director | Officer | 40 | $60,413 |
Tom Letsche President | OfficerTrustee | 1 | $0 |
Caryn Barry Vice-President | OfficerTrustee | 1 | $0 |
Gordon Smith Treasurer | OfficerTrustee | 1 | $0 |
Teresa Hunt Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $18,839,775 |
| All other contributions, gifts, grants, and similar amounts not included above | $212,387 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,052,162 |
| Total Program Service Revenue | $273,832 |
| Investment income | $4,077 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $13,932 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,629,808 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $11,499,341 |
| 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. | $164,612 |
| Compensation of current officers, directors, key employees. | $16,461 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,375,239 |
| Pension plan accruals and contributions | $315,654 |
| Other employee benefits | $601,468 |
| Payroll taxes | $404,972 |
| 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 | $579,008 |
| Advertising and promotion | $68,122 |
| Office expenses | $519,590 |
| Information technology | $173,771 |
| Royalties | $0 |
| Occupancy | $142,493 |
| Travel | $108,047 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $72,665 |
| Interest | $10,819 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $268,696 |
| Insurance | $100,383 |
| All other expenses | $474,301 |
| Total functional expenses | $19,204,718 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,871,383 |
| Savings and temporary cash investments | $71,656 |
| Pledges and grants receivable | $883,977 |
| Accounts receivable, net | $38,015 |
| 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 | $228,000 |
| Net Land, buildings, and equipment | $1,972,622 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $4,718 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,070,371 |
| Accounts payable and accrued expenses | $679,332 |
| Grants payable | $305,915 |
| 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 | $206,872 |
| Other liabilities | $0 |
| Total liabilities | $1,192,119 |
| Net assets without donor restrictions | $3,208,094 |
| Net assets with donor restrictions | $670,158 |
| 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 | $5,070,371 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Mid Sioux Opportunity Inc has recieved totaling $215,016.
| Awarding Organization | Amount |
|---|---|
Food Bank Of Siouxland Inc Sioux City, IA PURPOSE: FEED NEEDY | $71,898 |
Siouxland Human Investment Partnership Inc Sioux City, IA PURPOSE: EARLY CHILDHOOD SERVICES | $53,098 |
Building Families Clarion, IA PURPOSE: Grants and retention bonuses | $47,638 |
Lyon County Riverboat Foundation Inc Rock Rapids, IA PURPOSE: OFFICE RENOVATION | $24,962 |
Iowa Association Of Community Action Directors Des Moines, IA PURPOSE: FUNDING TO HELP LOW INCOME IOWANS | $14,920 |
Pella Rolscreen Foundation Pella, IA PURPOSE: GENERAL OPERATIONS | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ada S Mckinley Community Services Inc Chicago, IL | $17,309,260 | $43,710,701 |
Christian Social Service Of Illinois Belleville, IL | $18,359,176 | $39,517,456 |
South Metro Human Services St Paul, MN | $24,939,611 | $41,757,961 |
Parents In Community Action Minneapolis, MN | $14,134,015 | $37,230,373 |
Chicago Commons Association Chicago, IL | $18,778,773 | $34,368,248 |
Ozarks Area Community Action Corporation Springfield, MO | $15,052,637 | $33,091,507 |
Society Of St Vincent De Paul Archdiocesan Council Of St Louis St Louis, MO | $15,064,810 | $27,830,110 |
Alexian Brothers Community Services St Louis, MO | $48,381,445 | $31,662,164 |
C E F S Economic Opportunity Corp Effingham, IL | $10,444,173 | $26,100,830 |
Innovative Services Inc Green Bay, WI | $4,761,789 | $25,201,501 |
Lutheran Social Services Of South Dakota Sioux Falls, SD | $22,221,819 | $25,937,236 |
Project For Pride In Living Inc Minneapolis, MN | $29,922,760 | $30,071,909 |