2024-05-14T13:44:14-05:00 2023-06-30 420714325 RSM US LLP 6 S Patterson Blvd Dayton OH 45402 990 2022-07-01 561248778 Wake Enterprises Inc WAKE 9197146100 3548 Bush Street Raleigh NC 276097509 Michael Tang CFO 9197146100 2024-05-13 1 Michael Tang XXX-XX-XXXX 1 Karen O Crim P00368385 9372980201 2024-05-13 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z Shannon Durbin 3548 Bush Street Raleigh NC 276097509 2400380 0 X www.wake-enterprises.org X 1979 NC Wake Enterprises, Inc.'s mission is to assist people with disabilities to achieve their maximum level of independence. 9 7 0 7 0 0 136702 263677 2010896 2132433 11007 667 5000 1250 2163605 2398027 0 0 0 0 0 0 0 0 0 2078161 2302435 2078161 2302435 85444 95592 4171392 4227033 701985 657024 3469407 3570009 X Founded in 1979, Wake Enterprises, Inc. ("WE") provides vocational and social opportunities for adults with intellectual and developmental disabilities and became the first agency in North Carolina offering supported employment in 1982. We serve adults with intellectual and developmental disabilities including autism, Down syndrome, traumatic brain injuries, and seizure disorders. 0 0 1886900 0 2132433 Provide adults with developmental disabilities vocational or social opportunities. 1886900 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 NC X X Michael Tang 6103727712 135 N Prospect Street Reading PA 19606 X Ryan D Smith Director 1.00 54.00 X 2567 1294253 10605 Oshana M Watkins President 40.00 0.00 X X 124297 0 1278 Deborah Holt Noel Chairperson 1.00 0.00 X X 0 0 0 Lorrie Gregg Hargreaves Vice Chairperson 1.00 0.00 X X 0 0 0 Dixie Blackmon Director 1.00 0.00 X 0 0 0 Wyatt Buckingham Director 1.00 0.00 X 0 0 0 Susan Scott Daly Director 1.00 0.00 X 0 0 0 Richard Greb Director 1.00 0.00 X 0 0 0 Wendy Starnes Director 1.00 0.00 X 0 0 0 Jennifer P Gassen Secretary 1.00 54.00 X 0 243511 13016 Joseph F Leone Jr Treasurer 1.00 54.00 X 0 406972 13478 Jeffrey Giovino Executive VP and COO 0.50 54.50 X 7008 956999 8597 Elizabeth M Shea Sr VP of Human Resources 1.00 39.00 X 3302 354250 7692 Kristin DeForest VP, Quality & Compliance, APIS 1.00 39.00 X 1524 232247 13165 138698 3488232 67831 1 0 1 0 0 234384 29293 263677 Adult Day Services 624310 1940301 1940301 Contract Sales 561300 143781 143781 Intercompany Revenue 900099 41753 41753 6598 6598 2132433 3020 3020 2353 -2353 -2353 -2353 PCard Rebates 900099 1250 1250 1250 2398027 2132433 0 1917 X 287736 287736 119861 119861 7938 7938 1464980 1464980 40802 40802 83454 83454 29855 29855 72330 72330 44229 44229 Supplies 76753 76753 Maintenance and Repairs 44988 44988 Housekeeping 14755 14755 Communications 12944 12944 1810 1810 2302435 1886900 415535 0 452334 321533 427912 431833 237068 278542 6924 2635 2773636 326146 2496614 2447490 550540 745000 4171392 4227033 19121 11137 671394 645240 11470 647 701985 657024 X 3469407 3570009 3469407 3570009 4171392 4227033 95592 5010 0 X 0 1 X 1 0 X 56318 111336 474981 136702 263677 1043014 2455189 2196351 1742456 2010896 2132433 10537325 2511507 2307687 2217437 2147598 2396110 11580339 0 0 0 11580339 4938 12289 10300 2581 3020 33128 4938 12289 10300 2581 3020 33128 28325 17826 5000 1250 52401 2516445 2348301 2245563 2155179 2400380 11665868 0.99270 0.99260 0.00280 0.00310 X Schedule A, Part III, Line 12, Explanation of Other Income: Other Income - 2019 Amount: $ 28,325. 2020 Amount: $ 17,826. 2021 Amount: $ 5,000. 2022 Amount: $ 1,250. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 43222 3595 444 46373 50405 -6693 490 43222 38513 11892 50405 38065 1874 58 39881 37010 1241 186 38065 0.00000 1.00000 0.00000 1 0 736700 736700 1964668 257668 1707000 72268 68478 3790 2447490 Due from APIS Services 745000 745000 Due to Supportive Concepts for Families 647 647 X Part V, Line 4: The board designated endowment fund is devoted to the support of Wake Enterprises, Inc. general operating support. Part X, Line 2: The Organization is exempt from federal income taxes under Internal Revenue Code Section 501(c)(3). The Organization incurred no income tax expense for the years ended June 30, 2023 and 2022. In accordance with U.S. GAAP, the Organization accounts for uncertain tax positions, if any, as required. Using that guidance, management has determined that there are no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. All are subject to examination by the Internal Revenue Service generally for three years after they are filed. 0 0 0 0 0 0 0 1 0 Ryan D Smith Director 2135 997865 390 284610 42 11778 0 0 21 10584 2588 1304837 0 0 Jeffrey Giovino Executive VP and COO 5839 786892 1155 163845 14 6262 0 0 62 8535 7070 965534 0 0 Joseph F Leone Jr Treasurer 0 299472 0 107500 0 0 0 0 0 13478 0 420450 0 0 Elizabeth M Shea Sr VP of Human Resources 2725 292327 577 61923 0 0 0 0 71 7621 3373 361871 0 0 Jennifer P Gassen Secretary 0 166011 0 77500 0 0 0 0 0 13016 0 256527 0 0 Kristin DeForest VP, Quality & Compliance, APIS 1446 220325 78 11922 0 0 0 0 86 13079 1610 245326 0 0 Part I, Line 3 Compensation is determined by the Salary Review Committee (SRC), based on an annual benchmarking process that typically considers data from 990s of comparable organizations, compensation studies by Guidestar Charity Navigator and similar publicly available sources, and advice from external consultants. Part I, Line 7 Bonuses awarded during 2022 were discretionary and are correctly reported on Schedule J, Part II, Column B(ii). Form 990, Part VI, Section A, line 6 The sole member of the Corporation shall be Inperium, Inc. Form 990, Part VI, Section A, line 7a Inperium, Inc. must approve the election, re-election or removal of a director from the Board of Directors. Form 990, Part VI, Section A, line 7b Inperium, Inc. must approve any governance decision or any other matter that, by law, that would require the approval of the members of a nonprofit corporation in North Carolina. Form 990, Part VI, Section B, line 11b A copy of the 990 is provided to the Board of Directors prior to filing. Form 990, Part VI, Section B, line 12c Yearly conflict of interest questionnaires are given to board members and key employees. The questionnaires are reviewed by the Executive Director. The Executive Director reports to the board any potential conflicts. Form 990, Part VI, Section C, line 19 A copy of the governing documents, conflict of interest policy and financial statements are available upon request for the same period of disclosure as set forth in IRC Section 6104(d). Form 990, Part VII: The organization reported in Part VII compensation that is paid and reported by APIS Services, Inc. (EIN: 82-1809627), a related organization. Compensation is allocated between the filing organization and related organizations on this return based on which organization is the common law employer. Form 990, Part IX, line 11g Contracted Personnel: Program service expenses 1,399,579. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,399,579. Other Professional Fees: Program service expenses 65,401. Management and general expenses 0. Fundraising expenses 0. Total expenses 65,401. Abraxas Alliance Inc 2840 Liberty Ave Suite 300 Pittsburgh PA 15222 863980032 Provide residential and nonresidential services to at-risk youth FL 501(c)(3) Line 10 Inperium Inc 1 Advancing Opportunities Inc 610 Beverly-Rancocas Road Willingboro NJ 08046 221550592 Provide program support to individuals with various disabilities NJ 501(c)(3) Line 7 Inperium of New Jersey Inc 1 Alvarium Healthcare Inc 135 N Prospect Street Reading PA 19606 824370040 Provide treatment, support, and care for persons with disabilities PA 501(c)(3) Line 10 Inperium Inc 1 Anchors - from Carol 135 N Prospect Street Reading PA 19606 842418705 Provide services to those impacted by cancer and learning disabilities PA 501(c)(3) Line 10 Inperium Inc 1 APIS Services Inc 135 N Prospect Street Reading PA 19606 821809627 Provide operational, management, and administrative services PA 501(c)(3) Line 12b, II Inperium Inc 1 CHOR Youth and Family Services Inc 1010 Centre Avenue Reading PA 19601 232911839 Provide services to youths, including community PA 501(c)(3) Line 10 The Children's Home of Reading 1 Community Prevention Partnership 135 N Prospect Street Reading PA 19606 232735283 Promote healthier community through various programs PA 501(c)(3) Line 7 Inperium Inc 1 Conexio Care Inc 590 Naamans Road Claymont DE 19703 863414545 Provide healthcare, housing, employment opportunities, counseling for MH DE 501(c)(3) Line 10 Inperium Inc 1 Crossroads Programs Inc 610 Beverly-Rancocas Road Willingboro NJ 08046 222215356 Provide services to at-risk youth NJ 501(c)(3) Line 7 Inperium of New Jersey Inc 1 Guidance Center of Camden County Development Corporation 2500 McClellan Ave Suite 300 Pennsauken NJ 08109 222397467 Provide supervised residences for adults with psychiatric diagnoses NJ 501(c)(3) Line 7 South Jersey Behavioral Health Resources Inc 1 Inperium of New Jersey Inc 135 N Prospect Street Reading PA 19606 822927898 To support organizations incorporated in New Jersey NJ 501(c)(3) Line 12b, II Inperium Inc 1 Inperium Inc 135 N Prospect Street Reading PA 19606 811159891 Management oversight and support PA 501(c)(3) Line 12b, II N/A 0 IRON Recovery and Wellness Center Inc 132 Perry Street Trenton NJ 08618 222511879 Provide rehabilitation services to persons with substance abuse disorders NJ 501(c)(3) Line 7 Inperium of New Jersey Inc 1 La Colmena Inperium Inc 135 N Prospect Street Reading PA 19606 853738325 Provide operational, management, and administrative services TX 501(c)(3) Line 12b, II Inperium Inc 1 Marc Housing Inc 3971 Knight Arnold Road Memphis TN 38118 581382494 Housing TN 501(c)(3) Line 7 Shelby Residential & Vocational Services Inc 1 Reading Specialists Education Association 220 N Fifth Street Reading PA 19601 450463456 Provide dedicated professional counseling PA 501(c)(3) Line 10 Inperium Inc 1 Shelby Residential & Vocational Services Inc 3971 Knight Arnold Road Memphis TN 38118 620854890 Provide services for people with disabilities to live meaningful lives TN 501(c)(3) Line 7 Inperium Inc 1 South Jersey Behavioral Health Resources Inc 2500 McClellan Ave Suite 300 Pennsauken NJ 08109 222560556 Provide mental health and IDD residential services NJ 501(c)(3) Line 10 Inperium of New Jersey Inc 1 SRVS Group Home I Inc 3971 Knight Arnold Road Memphis TN 38118 581901717 Housing TN 501(c)(3) Line 10 Shelby Residential & Vocational Services Inc 1 SRVS Group Home II Inc 3971 Knight Arnold Road Memphis TN 38118 581900973 Housing TN 501(c)(3) Line 10 Shelby Residential & Vocational Services Inc 1 SRVS Home III Inc 3971 Knight Arnold Road Memphis TN 38118 582022138 Housing TN 501(c)(3) Line 10 Shelby Residential & Vocational Services Inc 1 Supportive Concepts for Families Inc 135 N Prospect Street Reading PA 19606 232713290 Provide program support to individuals with IDD PA 501(c)(3) Line 10 Inperium Inc 1 The Children's Home of Reading 1010 Centre Avenue Reading PA 19601 231352080 Raise funds to support affiliate organization programs PA 501(c)(3) Line 7 Inperium Inc 1 CannaLorem Inc 100 Charles Ewing Blvd Suite 160 Ewing NJ 08628 450652810 Research and development NJ Inperium Inc C 1 Fortis Holdings Inc 135 N Prospect Street Reading PA 19606 473550736 To hold common shares and support the Employee Stock Ownership Program PA Supportive Concepts For Families Inc S 1 Inperium of New York Inc 135 N Prospect Street Reading PA 19606 825432996 To support future organizations incorporated in New York NY Inperium Inc C 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 APIS Services Inc D 745000 Cash APIS Services Inc M 231616 Cash APIS Services Inc O 1201504 Cash