WESCO Industries
Nonprofit profile at a glance
- EIN
- 426098004
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Denison, IA, US
- Phone
- 712-263-6141
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Standard
Reported finances
- Revenue
- $11,915,122
- Expenses
- $10,686,967
- Assets
- $8,274,317
- Liabilities
- $962,844
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- Clay Adams (Executive Director)
- Bill Bruce (President)
- Craig Dozark (Vice President)
- Eric Skoog (Vice President/Dir. Until 04/2025)
Highest reported compensation
- Clay Adams (Executive Director): $180,513 total reported compensation
- Deidra Brown (Chief Operating Officer): $156,433 total reported compensation
- Starla Webb (Chief Business Officer): $139,050 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide services that empower and support the strengths and abilities of the individuals WESCO serves.
What it reported doing in 2024
Employment Services: - Employment Services provides an integrated work setting in which individuals can work toward competitive work consistent with their strengths, resources, priorities, concerns, abilities, capabilities, interests, and informed choice.Stepping Stones: - The purpose of the Stepping Stones Transitional Living Center is to provide short-term housing for an individual coming out of placement, homelessness, or hospitalization who needs to redevelop skills to be successful in the community.Adult Day Services: - This program is designed to provide day services to individuals in order to improve their physical/mental functioning, prevent deterioration in functioning, develop an individual's self-sufficiency, personal independence, and reduce inactivity, loneliness, isolation, and social withdrawal.Business Services (Bake Shop): - A local cafe and coffee shop, providing food and beverages to the community in a setting in which our members can work, learn, and grow alongside our employees in a public-facing setting. - The Bake Shop was closed to the public from February through June due to the process of constructing and relocating to a new facility.WESCO Rentals: - Apartments for which WESCO receives monthly rent.Group Respite:- Respite services are short-term temporary care provided to an individual in or outside of their home. Respite is designed to give primary caregivers a break from their caregiving duties.
Operating model
- Revenue model
- Other-operating. 94% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 71
- Transparency & Controls: 75
- Accountability: 95
- Sustainability: 53
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 67.6%; rating input score 68
- Program expense ratio: 76.2%; rating input score 76
- Fundraising efficiency: $31.92 raised per $1 spent on fundraising; rating input score 68; 68th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 14th percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 10.3%; rating input score 68; 68th percentile among comparable filings
- Total-asset coverage ratio: 0.77; rating input score 28; 28th percentile among comparable filings
- Liabilities to assets ratio: 0.12; rating input score 71; 71st percentile among comparable filings
- Officer compensation ratio: 6.8%; rating input score 37; 37th percentile among comparable filings
Growth
- Program expense growth: 6.9% per year; rating input score 100; 55th percentile among comparable filings
- Revenue growth: 7.9% per year; rating input score 100; 65th percentile among comparable filings
- Asset growth: 13.1% per year; rating input score 100; 76th percentile among comparable filings
Details
- What they do: 6 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 67.6% of revenue deployed · 76.2% of spending went to programs
- Governance: 6 of 6 board members independent · 8 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $8.1M in reported program spending
- Leadership: top reported pay $181K · 14 people listed · 2 of 6 pay-setting controls reported
- Consistency: 32 of 33 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Total-asset coverage ratio scored 28/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- Moderate — Sustainability: Officer compensation ratio scored 37/100.