Occupational Development Center INC FY2022 filing

Tax-deductible

Bemidji, MN501(c)(3)EmploymentEIN 41-0973895Revenue $2.5M in FY2022

On file with the IRSodcmn.org1219 Naylor Dr Se, 56601-6181 · Bemidji, MNTax-exempt since Jul 1972Publicly supported charity — 170(b)(1)(A)(vi)

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To provide training and employment for adults who are vocationally disabled.

501(c)(3) charity; gifts are tax-deductible.
13¢ of each $1 spent went to programs.
$241K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $465K a year · 20% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
13%
of spending
Concern: 13% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$241K
to officers and key staff · 13% of spending
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
22 mo
of spending, in cash
Looks good: 21.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$403K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.5M
-11% vs prior year
Spent
$1.9M
To programs
13%
Net assets
$8.7M
By yearFY2020–FY2024
Revenue
$2.5M
FY2022▼ -11%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.6M
FY2021$2.9M
FY2022$2.5M
FY2023$2.2M
FY2024$1.6M
Expenses
$1.9M
FY2022▼ -0.5%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.9M
FY2021$1.9M
FY2022$1.9M
FY2023$1.9M
FY2024$1.9M
Net assets
$8.7M
FY2022▲ +4%
Tap a bar for its year
Net assets by fiscal year
FY2020$7.2M
FY2021$8.4M
FY2022$8.7M
FY2023$9.3M
FY2024$9.1M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 1972.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

13 cents of each dollar spent went to programs.

Program services 13% · $243K Management & general 87% · $1.6M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

10 people listed on the 990; $241K paid to officers and key staff.

Part VII, Section A · reportable compensation
President/CEO
$152,448Pt VII · Sec A
$88,920Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Chairperson
$0Pt VII · Sec A
Director/Past Chair
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

June Schelde’s $168K as President/CEO is at the 74th percentile of top reported officer pay among 1245 $1–10M employment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
June Schelde$168,070$150,896$152,448$156,570$168,804
Brad Fitzgerald$115,914$74,739———
Mari Chambers——$88,920$79,270$84,906

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Trains and employs adults with vocational disabilities.

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Provided by the organization

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1 program · $243K · in their own filed words · FY2022
01

Despite the staffing shortage seen around the country, in 2022 ODC continued to support their mission "To develop the skills of individuals with disabilities by providing opportunities for suitable sustainable employment that result in greater independence." By increasing the number of successful closures, meaning Persons Served are…

$243Kprogram expense

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$2.5M
Ln 12
Gifts and grantsLn 1h$2.0M
Investment incomeLn 3$684K
Money outPt IX
$1.9M
Ln 25
Programscol B$243K
Managementcol C$1.6M
Owns and owesPt X
$8.7M
net assets · Ln 32
Cash and savingsLn 1–2$3.4M
Total assetsLn 16$9.1M
LiabilitiesLn 26$403K
PeoplePt VI, VII
10
listed · VII A
PaidVII A2
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.0M
Government grantsLn 1e$2.0M
Investment incomeLn 3$684K
Gains on assetsLn 7$647K
Total revenueLn 12$2.5M
Assets in detailPt X, end of year
CashLn 1$852K
SavingsLn 2$2.5M
Cash and savings togetherLn 1–2$3.4M
InvestmentsLn 11–13$1.6M
Land, buildings, equipmentLn 10c$3.1M
Other assetsLn 15$663K
Total assetsLn 16$9.1M
LiabilitiesLn 26$403K
Net assetsLn 32$8.7M
OperationsPt I, VI
EmployeesI 5306
VolunteersI 68
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$2.4M$3.4M
InvestmentsLn 11–13$1.9M$1.6M
Land, buildings, equipmentLn 10c$3.4M$3.1M
Total assetsLn 16$8.7M$9.1M
LiabilitiesLn 26$344K$403K
Net assetsLn 32$8.4M$8.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$269K$269K
Other salaries and wagesLn 7$444K$444K
Other employee benefitsLn 9$71K$71K
Payroll taxesLn 10$53K$53K
Legal feesLn 11b$537$537
Accounting feesLn 11c$55K$55K
Other fees for servicesLn 11g$68K$28K$41K
Advertising and promotionLn 12$6K$2K$4K
Office expensesLn 13$64K$5K$59K
OccupancyLn 16$159K$5K$153K
TravelLn 17$89K$45K$45K
Depreciation, depletion and amortizationLn 22$252K$129K$123K
InsuranceLn 23$99K$99K
Other expenses (24a–d)Ln 24$247K$29K$217K
All other expensesLn 24e$5K$60$5K
Total functional expensesLn 25$1.9M$243K$1.6M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.6M$1.9M−$286K$9.1M 990 PDF
FY2023 $2.2M$1.9M$335K$9.3M 990 PDF
FY2022 Viewing $2.5M$1.9M$650K$8.7M 990 PDF
FY2021 $2.9M$1.9M$968K$8.4M 990 PDF
FY2020 $2.6M$1.9M$658K$7.2M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $2,531,086 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,714,236$1,957,705
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year −$8,458$684,178
I-11 Other revenuePrior year $153,576−$110,797
I-12 Total revenuePrior year $2,859,354$2,531,086
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $808,348$837,411
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,083,166$1,043,755
I-18 Total expensesPrior year $1,891,514$1,881,166
I-19 Revenue less expensesPrior year $967,840$649,920
Part VI · Governance 8 of 8 board members independent, no flags
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,531,086 across 7 lines filed
Lines not itemized here account for −$126,322 of total revenue; see the IRS return.
VIII-1e Government grants$1,953,464
VIII-1f All other contributions, gifts and grants$4,241
VIII-1h Total contributions, gifts and grants$1,957,705
VIII-3 Investment incomeExcluded from tax $37,009$37,009
VIII-7 Net gain or loss on sales of assetsRelated to mission $647,169$647,169
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $15,525$15,525
VIII-12 Total revenueRelated to mission $536,372 · Unrelated business $0 · Excluded from tax $37,009$2,531,086
Part IX · Statement of functional expenses $1,881,166 across 15 lines filed
IX-5 Pay of current officers, directors and key staffManagement $268,725$268,725
IX-7 Other salaries and wagesManagement $444,126$444,126
IX-9 Other employee benefitsManagement $71,115$71,115
IX-10 Payroll taxesManagement $53,445$53,445
IX-11b Legal feesManagement $537$537
IX-11c Accounting feesManagement $54,774$54,774
IX-11g Other fees for servicesPrograms $27,661 · Management $40,832$68,493
IX-12 Advertising and promotionPrograms $1,962 · Management $3,827$5,789
IX-13 Office expensesPrograms $4,771 · Management $59,235$64,006
IX-16 OccupancyPrograms $5,184 · Management $153,449$158,633
IX-17 TravelPrograms $44,914 · Management $44,508$89,422
IX-22 Depreciation, depletion and amortizationPrograms $129,359 · Management $122,505$251,864
IX-23 InsuranceManagement $99,031$99,031
IX-24 Other expenses (24a–d)Programs $29,328 · Management $217,315$246,643
IX-24e All other expensesPrograms $60 · Management $4,503$4,563
IX-25 Total functional expensesPrograms $243,239 · Management $1,637,927 · Fundraising $0$1,881,166
Part X · Balance sheet $9,133,684 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $724,124$852,284
X-2 Savings and temporary cash investmentsStart of year $1,717,536$2,525,755
X-4 Accounts receivableStart of year $336,547$202,431
X-8 Inventories for sale or useStart of year $228,489$180,747
X-9 Prepaid expenses and deferred chargesStart of year $82,886$26,279
X-10c Land, buildings and equipment, netStart of year $3,434,621$3,080,445
X-11 Publicly traded securitiesStart of year $1,865,358$1,602,378
X-15 Other assetsStart of year $327,123$663,365
X-16 Total assetsStart of year $8,716,684$9,133,684
X-17 Accounts payable and accrued expensesStart of year $194,044$253,985
X-24 Unsecured notes and loans payableStart of year $150,000$149,359
X-26 Total liabilitiesStart of year $344,044$403,344
X-27 Net assets without donor restrictionsStart of year $8,372,640$8,730,340
X-32 Total net assets or fund balancesStart of year $8,372,640$8,730,340
X-33 Total liabilities and net assetsStart of year $8,716,684$9,133,684
Part XI · Reconciliation of net assets $8,730,340 net assets at year end
XI-1 Total revenue$2,531,086
XI-2 Total expenses$1,881,166
XI-3 Revenue less expenses$649,920
XI-4 Net assets at start of year$8,372,640
XI-5 Net unrealized gains (losses) on investments−$292,220
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$8,730,340

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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