Tse Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 410858512 ✦ Roseville, MN ✦ Designated as a 501(c)(3)

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Overview

What is Tse Inc?

Tse Inc, located at 2027 Rice Street North, Roseville, MN 55113, is a dedicated nonprofit organization. Its primary mission is to offer services and training to individuals with developmental and cognitive disabilities, aiming to boost their employment participation and community integration. This mission is fulfilled through various activities, which aim to enhance their capabilities and enable them to become more engaged members of their communities. With a workforce of 289 employees, Tse Inc is committed to empowering these individuals, providing them with the tools and support necessary to thrive.


Official website here: www.tse-inc.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.

Tse Inc has achieved a notable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The organization scored 96% in its Accountability & Finance metrics, which highlights its effective management of resources and transparency in operations. With all board members being independent, the organization demonstrates a robust governance structure, ensuring unbiased decision-making.

The organization excels in maintaining high standards for financial oversight, evidenced by perfect scores in critical areas such as financial statement audits and conflict of interest policies. Additionally, Tse Inc maintains a solid program expense ratio of 81.20%, indicating that a significant portion of its funds is directed toward its programs and services, rather than administrative costs.

While the data presents a strong overview of Tse Inc’s financial health and governance, there is no specific mention of the impact of its programs or services on the community it serves. Future assessments could benefit from more qualitative data regarding its direct outcomes and beneficiaries.


This AI summary has been generated from information found on Charity Navigator.

Is Tse Inc legitimate?

Tse Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tse Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $290,131
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,039,219

For more financial information, click here


Official website here: www.tse-inc.org

What is the mission statement of Tse Inc?

Tse Inc is committed to serving individuals with developmental disabilities by providing them with necessary training and support. The primary goal is to increase their participation in employment and related activities, thereby facilitating their integration into the community. The organization offers services and training programs designed to enhance the abilities of these individuals, enabling them to become more active and integrated members of their communities. By doing so, Tse Inc aims to empower these individuals to lead more fulfilling and independent lives.


Official website here: www.tse-inc.org

What is the revenue of Tse Inc?

Tse Inc's revenue in 2023 was $6,151,603.


Official website here: www.tse-inc.org

Who are the executives of Tse Inc and what are their salaries?

The average compensation at Tse Inc during 2023 was $11,976. There are 278 employees at Tse Inc.

Here are 17 key members and their salaries:


Steve Lilly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Kay Carlsen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamison Randall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Grafstrom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Ostlund (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chet Tschetter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Bond (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Le Vasseuer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Benda (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Dokken (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pam Ryder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Kreitz (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dustin Wahlquist (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darline Scott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynne Megan (President)
  • Compensation: $135,023
  • Related: $0
  • Other: $6,010
Suzette Frith (Chief Operating Officer)
  • Compensation: $66,487
  • Related: $0
  • Other: $4,431
Shirley Halgrimson (Chief Financial Officer)
  • Compensation: $88,621
  • Related: $0
  • Other: $4,396


Official website here: www.tse-inc.org

Where can I find the form 990 for Tse Inc?

Tse Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.tse-inc.org

Learn more at the official website: www.tse-inc.org

Mission Statement of Tse Inc

Tse Inc, a nonprofit organization, is dedicated to providing service and training to individuals with developmental disabilities. Its primary mission is to boost their participation in employment and related activities, ultimately enabling them to become more integrated into their communities. Through its services and training programs, Tse Inc strives to develop the abilities of individuals with developmental and/or cognitive disabilities, empowering them to engage more fully in their communities. By fostering employment opportunities and integration, Tse Inc aims to enhance the quality of life for those it serves.

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Impact




July, 2024

Tse Inc's impact lies in its dedication to providing services and training to individuals with developmental disabilities. By focusing on increasing their participation in employment and related activities, Tse Inc is actively working towards enhancing the integration of these individuals into their communities. Through their efforts, Tse Inc is helping to empower individuals with developmental and/or cognitive disabilities to develop their abilities and skills, ultimately enabling them to lead more fulfilling and integrated lives.




This information is meant to be a general summary of Tse Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$6,151,603 (2023)
Expenses
$5,607,441 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $38,509
  • Program Service Revenue: $5,070,832
  • Gross Receipts: $6,177,190

Assets and Liabilities:

  • Total Assets: $3,464,736
  • Total Liabilities: $1,332,124
  • Net Assets: $2,132,612

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

WORK TRAINING

Revenue

$5,070,832

Organization Details

Founding Year

1961

Principal Officer

Lynne R Megan

NTEE Category

Code: P82 - Human services

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