Sw Resources Inc
- Assets
- $3.8m
- Revenue
- $5.1m
- Investments
- $0.0
- Employees
- 373
- Location
- Parkersburg, WV
- Founding
- 04/1965
- Data as of
- 12/2021
- EIN
- 55-0479290
Organization Overview
Sw Resources Inc is located in Parkersburg, WV. The organization was established in 1965. According to its NTEE Classification (J33) the organization is classified as: Sheltered Employment, under the broad grouping of Employment and related organizations. As of 12/2021, Sw Resources Inc employed 373 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sw Resources 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 12/2021, Sw Resources Inc generated $5.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.5% each year . All expenses for the organization totaled $4.8m during the year ending 12/2021. While expenses have increased by 21.9% 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
TO PROVIDE VOCATIONAL SERVICES, EMPLOYMENT, AND OTHER OPPORTUNITIES FOR INDIVIDUALS WITH DISABILITIES, ENABLING THEM TO OBTAIN THEIR HIGHEST POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SW INDUSTRIES IS THE JANITORIAL, WAREHOUSE AND PRODUCTION AND ASSEMBLY DEPARTMENTS. IN THESE DEPARTMENTS THE ORGANIZATION DOES WORK FOR FEDERAL, STATE AND COMMERCIAL PARTNERS AND USES THOSE OPPORTUNITIES TO TRAIN INDIVIDUALS FOR SELF SUSTAINING EMPLOYMENT. INDUSTRIES EMPLOYS OVER 237 PEOPLE.
MAIL PROVIDES BULK SERVICE MAIL SERVICES TO COMMERCIAL CUSTOMERS AND NON PROFITS. THE ORGANIZATION ADDRESSES, COLLATES AND POSTS DIRECT MAIL PIECES, CATALOGUES, ETC. MAIL PROVIDES EMPLOYMENT FOR 2 FULL TIME EMPLOYEES AS WELL AS TRAINING OPPORTUNITIES FOR OTHERS.
S/W GRAPHICS PROVIDES VOCATIONAL REHABILITATION AND OPPORTUNITIES IN GRAPHIC DESIGN AND THE APPLICATION OF GRAPHICS DESIGN. THE ORGANIZATION WORKS WITH COMMERCIAL CUSTOMERS, OTHER NON PROFITS AND DIRECT TO CONSUMER PRODUCTS AND PROCESSES. GRAPHICS PROVIDED EMPLOYMENT FOR 7 CLIENTS AND TRAINING OPPORTUNITIES FOR OTHERS.
BLENNERHASSETT REHAB
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randal Siers Executive Director | Officer | 40 | $75,687 |
Andy Daniel Chair | OfficerTrustee | 1 | $0 |
Kim Cavanagh Secretary | OfficerTrustee | 1 | $0 |
Taylor Coplin Vice Chair | OfficerTrustee | 1 | $0 |
Dave Emerick Treasurer | OfficerTrustee | 1 | $0 |
Rick Modesitt Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $889,146 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,493 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $896,639 |
| Total Program Service Revenue | $4,185,422 |
| Investment income | $195 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,391 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,085,647 |
| 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. | $75,687 |
| Compensation of current officers, directors, key employees. | $75,687 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,065,477 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $378,179 |
| Payroll taxes | $283,639 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,964 |
| Fees for services: Accounting | $28,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,947 |
| Fees for services: Other | $79,651 |
| Advertising and promotion | $2,886 |
| Office expenses | $266,507 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $86,124 |
| Travel | $53,823 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $26,128 |
| Interest | $19,766 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $109,055 |
| Insurance | $45,161 |
| All other expenses | $2,473 |
| Total functional expenses | $4,841,439 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $172,354 |
| Savings and temporary cash investments | $302,276 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $355,222 |
| 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 | $10,775 |
| Net Land, buildings, and equipment | $2,356,127 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $606,111 |
| Total assets | $3,802,865 |
| Accounts payable and accrued expenses | $200,973 |
| 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 | $400,075 |
| Total liabilities | $601,048 |
| Net assets without donor restrictions | $3,172,279 |
| Net assets with donor restrictions | $29,538 |
| 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 | $3,802,865 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Sw Resources Inc has recieved totaling $150,610.
| Awarding Organization | Amount |
|---|---|
Parkersburg Area Community Foundation Inc Parkersburg, WV PURPOSE: DISABILITY SERVICES | $89,577 |
Sisters Of St Joseph Charitable Fund Inc Parkersburg, WV PURPOSE: TO PROMOTE HEALTH AND WELLNESS | $30,000 |
Bernard Mcdonough Foundation Inc Parkerburg, WV PURPOSE: PROGRAM SUPPORT AND/OR OPERATING SUP | $25,000 |
Deitzler Foundation Inc Vienna, WV PURPOSE: JOBS FOR DISABLED INDIVIDUALS | $5,500 |
Bernard Mcdonough Foundation Inc Parkerburg, WV PURPOSE: PROGRAM SUPPORT AND/OR OPERATING SUP | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $33 |
Endowment Analysis
| Beg. Balance | $428,171 |
| Earnings | $59,177 |
| Admin Expense | $1,401 |
| Net Contributions | $92,270 |
| Other Expense | $4,580 |
| Ending Balance | $573,636 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cambria County Association For The Blind & Handicapped Inc Johnstown, PA | $104,936,762 | $37,191,994 |
Saw Inc Maple Heights, OH | $6,395,410 | $10,960,526 |
Richland Newhope Industries Inc Mansfield, OH | $8,935,690 | $8,394,692 |
Weaver Industries Inc Akron, OH | $6,119,573 | $9,368,029 |
Tac Industries Inc Springfield, OH | $17,661,661 | $9,778,253 |
Workshops Inc Canton, OH | $5,457,390 | $7,999,125 |
Alpha Group Of Delaware Inc Delaware, OH | $7,565,752 | $7,411,638 |
Lark Enterprises Inc New Castle, PA | $2,089,154 | $5,664,485 |
Jackson County Developmental Center Inc Millwood, WV | $3,126,310 | $5,044,000 |
Sw Resources Inc Parkersburg, WV | $3,802,865 | $5,085,647 |
Fairhaven Industries Inc Warren, OH | $2,155,831 | $5,422,840 |
Riverview Industries Inc Oak Harbor, OH | $3,184,218 | $4,947,812 |