Shen-Paco Industries Inc
- Assets
- $3.1m
- Revenue
- $3.0m
- Investments
- $251.1k
- Employees
- 94
- Location
- Quicksburg, VA
- Founding
- 12/1975
- Data as of
- 06/2024
- EIN
- 54-0972487
Organization Overview
Shen-Paco Industries Inc is located in Quicksburg, VA. The organization was established in 1975. According to its NTEE Classification (J33) the organization is classified as: Sheltered Employment, under the broad grouping of Employment and related organizations. As of 06/2024, Shen-Paco Industries Inc employed 94 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shen-Paco Industries 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 06/2024, Shen-Paco Industries Inc generated $3.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $3.2m during the year ending 06/2024. While expenses have increased by 4.1% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE AN ARRAY OF SERVICES TO PEOPLE WITH DISABILITIES, FOCUSING ON EDUCATION, DEVELOPMENTAL, VOCATIONAL TRAINING AND EMPLOYMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE AN ARRAY OF SERVICES TO PEOPLE WITH DISABILITIES, FOCUSING ON EDUCATION, DEVELOPMENTAL, VOCATIONAL TRAINING AND EMPLOYMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William C Moyers Chairman | OfficerTrustee | 1 | $0 |
Ellen Bauserman Vice-Chair/treasurer | OfficerTrustee | 1 | $0 |
Lori Painter Director | Trustee | 1 | $0 |
Keith Cowart Director | Trustee | 1 | $0 |
Jason Blosser Director | Trustee | 1 | $0 |
Cindy F Hunter Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $61,966 |
| All other contributions, gifts, grants, and similar amounts not included above | $44,264 |
| Noncash contributions included in lines 1a–1f | $7,642 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $106,230 |
| Total Program Service Revenue | $2,846,244 |
| Investment income | $18,573 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$6,072 |
| Net Income from Fundraising Events | $16,191 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,982,010 |
| 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. | $73,105 |
| Compensation of current officers, directors, key employees. | $10,966 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,866,612 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $211,886 |
| Payroll taxes | $148,741 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,172 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $55,110 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $67,068 |
| Travel | $71,959 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $8,192 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $128,581 |
| Insurance | $51,091 |
| All other expenses | $21,906 |
| Total functional expenses | $3,150,254 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $750 |
| Savings and temporary cash investments | $119,210 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $258,018 |
| 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 | $59,909 |
| Net Land, buildings, and equipment | $1,804,055 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $251,090 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $573,013 |
| Total assets | $3,066,045 |
| Accounts payable and accrued expenses | $275,600 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $3,678 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $343,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $44,744 |
| Total liabilities | $667,022 |
| Net assets without donor restrictions | $2,399,023 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,066,045 |