Imagine Enterprises INC EIN 74-2765337 Form 990 (PDF) Claim this org

Imagine Enterprises INC

Not yet claimed Claim this org →

Empowers people with disabilities to live, work, and thrive in their communities. For fiscal year 2024 it reported $15.4M in revenue, $15.0M in expenses, and $1.2M in net assets.Pt I

Founded
1995
Type
Public charity (501(c)(3)) · Community Development
Location
Seabrook, TX
Website
www.imagineenterprises.org
Filings
5 on file (2020–2024)
Revenue
$15.4MFY2024
Expenses
$15.0M
Net assets
$1.2M
People
10
Filings
5
Updates
0
More identity details & actions ⌄
EIN  74-2765337 Public charity (501(c)(3)) Seabrook, TX Founded 1995
Form 990 (PDF)
Compare with another nonprofit →
Figures match the IRS filing checked 7/19/26 · see original: IRS
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Imagine Enterprises INC claims this page.

Know this organization? Claim it to add your story

Size
$10–100M
What they do
Empowers people with disabilities to live, work, and thrive in their communities.
Leadership
Norine Jaloway-Gill · Executive Director · $75K
Money in and out
$15.4M revenue, $15.0M expenses
Bottom line
97% program efficiency
Where the money goes · FY2024
Total revenue
$15.4M
Pt VIII · Ln 12
Total expenses
$15.0M
Pt IX · Ln 25
Net assets
$1.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $386K
Where spending went · Part IX cols B–D
Program services $0.97 Management & general $0.03
Program efficiency
97%
of spending reaches programs▼ -0.7% vs prior filing year
Operating runway
0.9mo
months of highly liquid reserves at operating expense rate▲ +80% vs prior filing year
Surplus margin
+3%
revenue over expenses, this year▲ +214% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$15.4M
FY2024▲ +1%
Expenses
$15.0M
FY2024-0.3%
Total assets
$2.0M
FY2024▲ +11%
Total liabilities
$862K
FY2024▼ -18%
Total revenue
$15.4M
Pt VIII · Ln 12
Total expenses
$15.0M
Pt IX · Ln 25
Net assets
$1.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$386K
Total assetsPt X · Ln 16$2.0M
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CImagine Enterprises INC
EINHdr · item D74-2765337
Principal addressHdr · item CSeabrook, TX
WebsiteHdr · item Jwww.imagineenterprises.org
Year of formationHdr · item L1995
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S50Z)
Ruling yearIRS BMFMar 1998

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$74,690Pt VII · Sec A
Co-Chief Operating Officer
$74,001Pt VII · Sec A
Co-Chief Operating Officer
$71,993Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member - Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Norine Jaloway-Gill’s $75K as Executive Director is at the 1st percentile of top reported officer pay among 572 $10–100M community development 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
Norine Jaloway-Gill$74,690$78,962$75,824$75,324$71,424
Sandy Smith$74,001$78,317$74,163$74,263$76,163
Cheryl Harris$71,993$78,153$74,763$74,263$74,263

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.

See Imagine Enterprises INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

2 program services account for $14.7M of program spending, described in the organization's own filed words · FY2024.
01

Medicaid-Financial Management Services Agency

As a financial management services agency for two texas medicaid waivers, the organization provides fiscal agent services that support the person or their guardian to self-direct their budget for services.

$13.6Mprogram expense
02

Social security administration [ssa], work incentive planning and assistance (wipa) - using the social security administration work incentives and benefits planning, the work incentive planning and assistance (wipa) project provides guidance for social security beneficiaries with disabilities in dallas-fort worth metroplex and…

$1.1Mprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Program service revenue$15.1M · 98%
Contributions & grants$332K · 2%
Program service revenue98%$15.1M
Contributions & grants2%$332K
— government grantsLn 1e$304K
Total revenueLn 12$15.4M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Management & general $0.03
Program services97%$14.7M
Management & general3%$382K
Total functional expensesLn 25$15.0M

Balance Sheet

Part X · end of year
CashLn 1$1.1M
Total assetsLn 16$2.0M
Total liabilitiesLn 26$862K
Total net assetsLn 32$1.2M
Months of cash on handcomputed0.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.1M · Operating expenses/yr $15.0M
0.9 months
Where the money goes
Program services
Program services $14.7M · Total expenses $15.0M
97%
Management & General
Management & general $382K · Total expenses $15.0M
3%
Fundraising
Fundraising $0 · Total expenses $15.0M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $8K · Solicited contributions (3-yr avg) $22K
$0.35 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $332K · Total revenue $15.4M
2%
Government reliance
Government grants $304K · Total revenue $15.4M
2%
Earned-income share
Program service revenue $15.1M · Total revenue $15.4M
98%
Investment reliance
Investment income $0 · Total revenue $15.4M
0%
Program self-sufficiency
Program service revenue $15.1M · Total expenses $15.0M
100%
Growth & trend
Revenue growth (YoY)
This year $15.4M · Prior year $15.2M
+1%
Revenue CAGR
FY2020 $11.0M · FY2024 $15.4M
+9%
Net-asset trend (YoY)
End of year $1.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $15.4M · Expenses $15.0M
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $2.0M
Net-asset ratio
Net assets $1.2M · Total assets $2.0M
58%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.0M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Norine Jaloway-Gill · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $75K · Total expenses $15.0M
0.5%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.6M · Total expenses $15.0M
10%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 97%
Overhead ratio 3%
Fundraising cost ratio 0%
Revenue growth 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$39
Grants paid · 4 grants · $44.1M · 2020–2023
Unitemized GrantFY2023$13,064,513
Unitemized GrantFY2022$12,150,704
Unitemized GrantFY2021$9,849,046
Unitemized GrantFY2020$9,003,530

Similar Organizations

Closest in mission — by what they do
See all organizations like Imagine Enterprises INC →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$15.4M revenue · viewing · ⤓ 990 PDF
FY2023$15.2M revenue · ⤓ 990 PDF
FY2022$13.9M revenue · ⤓ 990 PDF
FY2021$11.5M revenue · ⤓ 990 PDF
FY2020$11.0M revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.