NonprofitsOperation Threshold Inc

Operation Threshold Inc

WATERLOO, IA

Total revenue

$12.2M

Total expenses

$12.5M

Net assets

$4.4M

Grants received

$1.9M

28 grants

EIN

420982549

Tax year

2023

Mission

Collaborate, educate and provide services to help meet the basic needs of people & create opportunities for self-sufficiency.

Programs

3 programs

Low-income home energy assistance program - provides low-income households with a one time per year payment to assist with the cost of heating their homes during the winter. In fiscal year 2024, the program provided assistance to 4,890 households in our three county service area.

Expenses: $3.1MGrants: $2.1M

Weatherization program - program works to reduce heating and cooling costs for eligible households by installing insulation, repairing or replacing furnaces and/or water heaters, and replacing refrigerators, furnaces and freezers when necessary. In fiscal year 2024, the program weatherized 45 homes, repaired 45 furnaces, replaced 28 furnaces, repaired 32 water heaters, replaced 23 water heaters, and conducted health and safety measures on 45 homes.

Expenses: $182KGrants: $1.0M

Family support and parent education services programs offer a comprehensive system for delivering family support services including home visitation and group-based parent education programming for families with children.the maternal, infant, and early childhood home visiting program (miechv) provides evidence-based home visitation services to improve health and developmental outcomes for at-risk young children, improves coordination of services for at-risk communities, and identifies and provides comprehensive services to improve outcomes for families who reside in at-risk communities.the organization maintains community service centers in each county of its primary service area.rental housing programs - the organization manages single and multi-family housing units for use by eligible families.family development and self sufficiency - program provides family development and self sufficiency counseling assistance to low-income households.other programs included: volunteer coop, community service block grant (csbg) programs, tenant based rental assistance programs, energy efficiency programs, cedar valley refugee program, volunteer programs, seasonal programs, and the grundy county food pantry.

Expenses: $6.7MGrants: $477K

Financials

FY 2023

Revenue

Contributions & grants$11.9M
Program service revenue$299K
Investment income$3K
Other revenue$5K
Total revenue$12.2M

Expenses

Grants paid$8.0M
Salaries & benefits$2.6M
Fundraising$340K
Other expenses$1.9M
Total expenses$12.5M
Total assets$5.4M
Net assets$4.4M

People

15 listed

NameRoleCompensation

BARBARA A GRANT

EXECUTIVE DIRECTOR

Board

$92K

40 hrs/wk

LEIAN KAMMEYER

DEPUTY DIRECTOR

Board

$76K

40 hrs/wk

BRIAN QUIRK

CHAIRPERSON

Board

0.6 hrs/wk

TARA MAKEPEACE

DIRECTOR

Board

0.6 hrs/wk

KARI REA

DIRECTOR

Board

0.6 hrs/wk

KATIE BUSKER

DIRECTOR

Board

0.6 hrs/wk

BOB TYSON

DIRECTOR

Board

0.6 hrs/wk

BARBARA SMITH

TREASURER

Board

0.6 hrs/wk

DEBRA HODGES HARMON

DIRECTOR

Board

0.6 hrs/wk

JOYCE HUNTER

DIRECTOR

Board

0.6 hrs/wk

MICHELLE KESTERSON

DIRECTOR

Board

0.6 hrs/wk

FAITH WHITE

DIRECTOR

Board

0.6 hrs/wk

JOHN KURTZ

DIRECTOR

Board

0.6 hrs/wk

CHRIS SCHWARTZ

DIRECTOR

Board

0.6 hrs/wk

KIM ROSS

DIRECTOR

Board

0.6 hrs/wk

Independent contractors

SOUTH CONSTRUCTION & INSULATION

INSULATING

$412K

ALLEN COX CONSTRUCTION

INSULATING

$359K

LUTHERAN SERVICES OF IOWA

EVIDENCED BASED HOME VISITATION

$220K

LOW DOLLAR PLUMBING

PLUMBING, HEATING

$180K

MANPOWER

TEMPORARY EMPLOYMENT SERVICES

$125K

Grants received

Showing 28 of 28

FromAmountPurposeYear
$100K
IDA FUNDING
2024
$78K
PROGRAM SUPPORT AND DONOR DESIGNATIONS
2024
$100K
IDA FUNDING
2023
$99K
PROGRAM SUPPORT
2023
$65K
RENT ASSISTANCE, DISASTER RELIEF AND CASE MANAGEMENT
2023
$30K
OPERATION THRESHOLD DATA SYSTEM UPDATE
2023
$23K
OPERATING SUPPORT
2023
$10K
PARENTS AS TEACHERS PROGRAM
2023
$6K
PROGRAMMATIC SUPPORT
2023
$1K
MEMBER CO-OP MATCHES
2023
$200K
IDA FUNDING
2022
$111K
PROGRAM SUPPORT
2022
$36K
RENT ASSISTANCE, DISASTER RELIEF AND CASE MANAGEMENT
2022
$23K
PROGRAMMATIC SUPPORT
2022
$20K
ENERGY ASSISTANCE
2022
$78K
ENERGY ASSISTANCE
2021
$50K
RENT ASSISTANCE, DISASTER RELIEF AND CASE MANAGEMENT
2021
$25K
FUNDING TO HELP LOW INCOME IOWANS
2021
$11K
PROGRAMMATIC SUPPORT
2021
$269K
RENT ASSISTANCE, DISASTER RELIEF AND CASE MANAGEMENT
2020
$122K
GRANT FOR SPECIFIC PROGRAM SUPPORT.
2020
$86K
ENERGY ASSISTANCE
2020
$72K
PROGRAMMATIC SUPPORT
2020
$15K
FUNDING TO HELP LOW INCOME IOWANS
2020
$88K
ENERGY ASSISTANCE
2019
$78K
RENT ASSISTANCE, DISASTER RELIEF AND CASE MANAGEMENT
2019
$10K
HUMAN SERVICES
2019
$101K
GRANT FOR SPECIFIC PROGRAM SUPPORT.
2018

Funded by

$1.9M from 11 funders · 28 grants · 2018–2024

Cedar Valley United Way

$512K · 5 grants · 2018–2024

Iowa Community Action Association

$498K · 5 grants · 2019–2023

Veridian Credit Union

$400K · 3 grants · 2022–2024

Building Direction For Families Inc

$272K · 4 grants · 2019–2022

Otto Schoitz Foundation

$112K · 4 grants · 2020–2023

Iowa Association Of Community Action

$40K · 2 grants · 2020–2021

R J Mcelroy Trust

$23K · 1 grant · 2023

Details

EIN420982549
Subsection03
Ruling date1983-10
Formed1964
Employees52
Volunteers55
OPERATION THRESHOLD INC — Mission, Financials & Grants Received | Grantivo