Functional Industries Inc

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

EIN: 411223547 ✦ Buffalo, MN ✦ Designated as a 501(c)(3)

Overview

What is Functional Industries Inc?

Functional Industries Inc, located in Buffalo, Minnesota (1803 HWY 25 N), is a nonprofit organization dedicated to uncovering the inherent abilities within each individual they serve. They have significantly expanded community outing opportunities by 80% compared to previous years. Their program, The DREAM (Developing Relationships, Empowerment and Motivation), is responsible for these enhancements. By fostering relationships with the local community center, they participate in weekly activities and organize special events for community engagement. The DREAM Program also offers various volunteer opportunities within the community. Their mission is centered around promoting innovative opportunities that bring forth the untapped potential within each person they assist. Functionally, they employ a workforce of 311 individuals.


Official website here: www.functionalindustries.org

Is Functional Industries Inc legitimate?

Functional Industries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Functional Industries 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.

Here are some key statistics you may want to consider:

Executive Compensation: $580,386
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,577,650

For more financial information, click here


Official website here: www.functionalindustries.org

What is the mission statement of Functional Industries Inc?

Functional Industries Inc's mission is centered around fostering innovative opportunities that bring out the inherent capabilities of each individual they serve. They strive to create and promote these opportunities, aiming to reveal the natural potential hidden within each person they interact with. To accomplish this, they have increased community outing opportunities by 80% compared to previous years, and have implemented the DREAM (Developing Relationships, Empowerment, and Motivation) program. This program enriches their activities and provides various volunteer opportunities within the local community. They have also established relationships with the local community center, attending weekly events and organizing special events for the program to participate in with community members.


Official website here: www.functionalindustries.org

Who is the CEO of Functional Industries Inc?

Lisa M Zwart is the Chair of Functional Industries Inc.


Official website here: www.functionalindustries.org

What is the revenue of Functional Industries Inc?

Functional Industries Inc's revenue in 2022 was $5,508,910.


Official website here: www.functionalindustries.org

Who are the executives of Functional Industries Inc and what are their salaries?

The average compensation at Functional Industries Inc during 2022 was $10,154. There are 311 employees and 9 volunteers at Functional Industries Inc.

Here are 13 key members and their salaries:

    Rodney Pederson (Former-Executive Director)
  • Compensation: $371,626
  • Related: $0
  • Other: $28,830

    • Lisa Zwart (Executive Director)
  • Compensation: $159,441
  • Related: $0
  • Other: $31,649

    • Lisa Parteh (Vice President Of Client S)
  • Compensation: $107,302
  • Related: $0
  • Other: $29,527

    • Stephanie Feekes (Chief Financial Officer)
  • Compensation: $99,031
  • Related: $0
  • Other: $29,118

    • Vincent Lundeen (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Foell (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shaun Corbin (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cherryl Gilmer (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bruce Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Molesky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rachael Praught (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rob Stark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Trish Taylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.functionalindustries.org

    Where can I find the form 990 for Functional Industries Inc?

    The Functional Industries Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.functionalindustries.org

    Learn more at the official website: www.functionalindustries.org

    Mission Statement of Functional Industries Inc

    Functional Industries Inc, as per its mission statement, aims to foster innovative opportunities that bring out the inherent potential in each individual they serve. Their objective is to create and promote these opportunities that not only reveal but also nurture the natural abilities within each person they engage with.

    Functional Industries Inc's approach to achieving this mission is multifaceted. They have significantly increased community outing opportunities by 80% compared to previous years, providing ample opportunities for individuals to interact and grow. One of their key programs, titled The DREAM (Developing Relationships, Empowerment, and Motivation), is designed to enrich the lives of those they serve. Through this program, Functional Industries Inc has developed partnerships with local community centers, which host weekly events, and organizes special events for program participants to attend with community members. Moreover, The DREAM Program offers various volunteer opportunities within the community, offering individuals a chance to give back and contribute to their local community.

    Impact

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




    Saturday, July 20, 2024

    Functional Industries Inc's impact can be seen in their efforts to create and promote innovative opportunities that reveal the natural potential of each person they serve. Through programs like the DREAM (Developing Relationships, Empowerment, and Motivation) program, they have increased community outing opportunities by 80% compared to previous years. This organization has established strong relationships with the local community center, facilitating weekly recurring events as well as special activities for program participants to engage with community members. Additionally, the DREAM program provides various volunteer opportunities within the community. All these initiatives align with their mission to empower individuals and maximize their potential.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $52,315
  • Program Service Revenue: $4,181,242
  • Gross Receipts: $5,556,037

    • Assets and Liabilities:
  • Total Assets: $11,618,869
  • Total Liabilities: $519,421
  • Net Assets: $11,099,448
  • Programs

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

    MEDICAL ASSISTANCE SUP

    Revenue

    $2,889,873

    CONTRACT INCOME

    Revenue

    $732,077

    MINNESOTA DES-VR SERVI

    Revenue

    $406,612

    COUNTY SERVICES

    Revenue

    $146,237

    OTHER PROGRAM REVENUE

    Revenue

    $6,443

    Organization Details

    Founding Year

    1973

    Principal Officer

    Lisa M Zwart

    Main Address

    1803 HWY 25 N, BUFFALO, MN, 55313

    NTEE Category

    Code: P80 - Human services

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