4th Corporation

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

EIN: 450367649 ✦ New rockford, ND ✦ Designated as a 501(c)(3)

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Overview

What is 4th Corporation?

4th Corporation is a dedicated nonprofit organization situated in New Rockford, North Dakota, with additional homes in Carrington and Fessenden. Their primary mission is to support adults with developmental disabilities, providing both residential and daytime assistance. They house and care for a total of 27 individuals across their group homes, ensuring around-the-clock supervision. During the day, the residents, along with those from neighboring communities, participate in day support services at the New Rockford Center. These services include job placements in the local area or workshop-based tasks, ensuring each individual receives a monthly salary for their work. The economic implications of their operations are substantial, employing 59 individuals in the small communities of Carrington, New Rockford, and Fessenden. Their mission statement, "We strive to promote growth and development enabling each person to fulfill their personal dreams," underpins their commitment to empowering individuals with developmental disabilities.


Official website here: www.4thcorporation.com

Is 4th Corporation legitimate?

4th Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. 4th Corporation 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: $120,484
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,178,810

For more financial information, click here


Official website here: www.4thcorporation.com

What is the mission statement of 4th Corporation?

The mission of 4th Corporation is centered around fostering growth and development in individuals with developmental disabilities. This organization strives to empower each person to pursue their personal goals and dreams. They offer a range of services, including residential support and day programs, to cater to the needs of adults with developmental disabilities. Their day support services, provided between 8:00 a.m. and 4:00 p.m., Monday through Friday, enable individuals to work on job crews or produce items in a workshop, earning a monthly salary. The organization's impact on the local communities is significant, as it provides employment opportunities for 59 individuals.


Official website here: www.4thcorporation.com

Who is the CEO of 4th Corporation?

Kodi Keller is the President of 4th Corporation.


Official website here: www.4thcorporation.com

What is the revenue of 4th Corporation?

4th Corporation's revenue in 2022 was $3,842,554.


Official website here: www.4thcorporation.com

Who are the executives of 4th Corporation and what are their salaries?

The average compensation at 4th Corporation during 2022 was $28,741. There are 80 employees and 5 volunteers at 4th Corporation.


Here are 6 key members and their salaries:


Travis Peterson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kerwin Borgen (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Ehni (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patty Feakes (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Miller (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kodi Keller (Executive Director)
  • Compensation: $94,067
  • Related: $0
  • Other: $21,308


Official website here: www.4thcorporation.com

Where can I find the form 990 for 4th Corporation?

4th Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.4thcorporation.com

Learn more at the official website: www.4thcorporation.com

Mission Statement of 4th Corporation

4th Corporation, a nonprofit organization, is dedicated to serving individuals with developmental disabilities. Their mission is to foster growth and development, enabling each person to realize their personal aspirations. To accomplish this, they provide a range of services, including residential care and day support. In their residential homes located in New Rockford, Carrington, Fessenden, and a Transitional Living home, they house and care for 22 individuals around the clock. During daytime hours, these residents, along with other community members, receive day support services at the Center in New Rockford. The individuals engage in various activities, such as joining job crews in the New Rockford area or working on production items in the workshop. As a result of their efforts, they earn a monthly paycheck.

The impact of 4th Corporation on the communities of Carrington, New Rockford, and Fessenden is substantial. They employ a significant number of individuals, totaling 59, in these small communities. This employment contributes to the local economy, demonstrating 4th Corporation's commitment to promoting growth and development, not only for their clients but also for the communities they serve. Their mission to enable individuals with developmental disabilities to fulfill their personal dreams is reflected in their comprehensive approach to care and their positive impact on the community.

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Impact




October, 2024

4th Corporation significantly impacts the communities of Carrington, New Rockford, and Fessenden by providing essential services to adults with developmental disabilities. By offering residential and day support services, the organization enhances the quality of life for its clients, promoting growth and personal development.

In New Rockford, the Corporation operates several facilities, including an Intermediate Care Facility for individuals with intellectual disabilities (ICF/ID) that accommodates multiple residents, alongside a Transitional Living home. These homes ensure that 24-hour staffing is available, fostering a supportive environment for individuals with varying needs.

During weekdays, clients benefit from day support services at the Center in New Rockford, where they engage in job training and production work. This not only provides them with meaningful activities but also empowers them financially, as they receive monthly paychecks for their contributions. With a current client base of 25 individuals receiving day support, the Corporation plays a vital role in their professional development and social integration.

Economically, 4th Corporation creates substantial benefits for local communities by employing 59 individuals across its facilities. This employment contributes to the overall economic health of the area, highlighting the organization's multifaceted impact on both its clients and the larger community. Through its mission to promote personal growth and fulfill dreams, 4th Corporation not only uplifts individuals but also strengthens the fabric of the communities it serves.




This information is meant to be a general summary of 4th Corporation. 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
$3,842,554 (2022)
Expenses
$3,558,218 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,391
  • Program Service Revenue: $3,826,795
  • Gross Receipts: $3,847,702

Assets and Liabilities:

  • Total Assets: $2,270,699
  • Total Liabilities: $592,572
  • Net Assets: $1,678,127

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Programs

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

Resident Service Incom

Revenue

$3,812,580

Other Income

Revenue

$14,215

Organization Details

Founding Year

1981

Principal Officer

Kodi Keller

Main Address

120 11th Street N, New Rockford, ND, 58356

NTEE Category

Code: P80 - Human services

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