2024-05-13T14:49:29-05:00 2023-06-30 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2022-07-01 237224698 Imagine the Possibilities Inc IMAG 5636525252 1710 E Maple Street Maquoketa IA 52060 Todd Seifert CEO 5636525252 2024-05-06 1 Todd Seifert 999009999 1 Kim Hunwardsen CPA P00484560 6122536500 2024-04-27 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Todd Seifert 1710 E Maple Street Maquoketa IA 52060 56495474 0 X www.imagineia.org X 1973 IA Provide services to children and adults with intellectual disabilities. 10 10 1123 10 0 0 1583133 1560213 52277560 53680063 222577 249054 14463 698133 54097733 56187463 16623 16120 0 0 38674038 39643429 0 0 0 7734542 6680165 46425203 46339714 7672530 9847749 31709924 41232681 7686871 7211236 24023053 34021445 X Empower people to reach individual achievement across the spectrum of life. 0 0 26596406 45633462 Imagine the Possibilities, Inc. is a nonprofit, charitable organization that provides services to individuals via the Home and Community Based Services (HCBS) program, including supported community living and supported employment.We believe our services are best served in an environment that promotes laughter and joy, a place where life is celebrated and energies are not focused on barriers or what seems to be impossible. We intend to focus the full force of our energy on seeing beyond disability and imagining all that is possible.Statement continued on Schedule O.We believe that people with disabilities need to do for themselves as much as possible. We can provide teaching, options, support and the necessary skills and tools, but only they can combine all of these resources and bring their own dreams to life.Home & Community Based Services (HCBS)Individuals served within our HCBS program have primary diagnosis of intellectual disability, brain injury, or chronic mental illness. We provide SCL (daily and hourly) and respite services to both children and adults. 4722939 16120 8046601 Outreach ServicesOur Outreach Services program helps to fill many of the gaps faced by people with disabilities. Through the generous support of United Way of Mahaska County, Imagine the Possibilities is able to meet many of those needs, such as camperships and special trips, Special Olympics, Challenger Little League Team and other special gifts and grants.Residential Care Facility for Persons with Mental Illness (RCF/PMI)The RCF/PMI program offers an assortment of services both in-house and through local community resources to adults with cognitive disabilities and behavioral issues who require licensed residential services for person with mental illness.Andrew Jackson Care is a licensed 16 bed facility and utilizes trained staff to provide each individual with the support, training, and rehabilitation needed to progress to a less restrictive living arrangement. Services are based on the individual's needs, including assessment evaluation, medication administration, crisis management, behaviors management, etc. Individuals are also given opportunities to access the community by attending a wide variety of community activities and employs a full time Activity Coordinator who directs both in-house and community activities. Andrew Jackson Care also offers daily skill building groups such as: coping personal self-help, independent living, community living, social, money management, anger management, illness management and recovery, medication education, and recreational and leisure skill building.Representative PayeeRepresentative Payee service is designed to assist individuals who are seeking knowledge and development of individual money management skills.Vocational ServicesImagine the Possibilities' Employment Services Training has successfully placed many individuals at various work sites in the surrounding communities. The programs are designed to offer supported employment opportunities to individuals who have both the desire to work in an integrated work setting and employment abilities for this settingApproximately 723 clients were served in fiscal year 2023. 31319345 1 1 0 1 0 0 0 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 68 0 1 1123 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 X Megan Simmons 5636525252 1710 E Maple Street Maquoketa IA 52060 Jess Smith Chairperson 1.00 X X 0 0 0 Beth Schutterle Vice Chairperson 1.00 X X 0 0 0 Bernadine Paul Treasurer 1.00 X X 0 0 0 John Franzen Secretary 1.00 X X 0 0 0 John Theisen Director 1.00 X 0 0 0 Michael Ruden Director 1.00 X 0 0 0 Scot Wilkins Director 1.00 X 0 0 0 Brad Deery Director 1.00 X 0 0 0 Jayne Templeton Director 1.00 X 0 0 0 Liz DeJoode Director 1.00 X 0 0 0 Todd Seifert CEO 40.00 X 288149 0 25329 Megan Simmons CFO 40.00 X 161470 0 30362 Wendy Malone President 40.00 X 264838 0 33348 Tiffany Higgins COO 40.00 X 211369 0 5676 Jeffrey Morris CAO 40.00 X 172632 0 30731 Michelle Phillis CQO 40.00 X 134875 0 5082 Susan Ruchotzke Regional Executive Director 40.00 X 107086 0 5968 1340419 0 136496 7 0 1 0 0 16138 23625 1334878 185572 1560213 Home Community Based Services 623990 45633462 45633462 Supportive Services 623990 4087567 4087567 Residential Care Facility Revenue 623990 1669758 1669758 Rental Income 900099 1473318 1473318 Intermediate Care Facility 623990 305485 305485 510473 510473 53680063 264222 264222 284409 299577 -15168 -15168 -15168 19869 23625 8434 11435 11435 Insurance proceeds on building lo 900099 686698 686698 686698 56187463 53680063 0 947187 16120 16120 1635882 1635882 31327714 22752538 8575176 691826 408488 283338 3504066 2854922 649144 2483941 1770200 713741 1121 1121 246719 246719 12000 12000 362361 38385 323976 789645 360750 428895 442692 77576 365116 1647798 1124952 522846 936344 674544 261800 67909 16991 50918 51792 32555 19237 942504 527909 414595 336041 268652 67389 Repairs & Maintenance 389861 281116 108745 Bad Debt Expense 130686 130686 Food 79189 75778 3411 Medical Supplies 30234 19951 10283 213269 5918 207351 46339714 31319345 15020369 0 4100 4400 14022078 21587525 7165990 4687231 535209 396529 23869071 12900486 7718763 10968585 1451454 2178852 812330 1409559 31709924 41232681 3140747 3289489 2002744 1283426 766898 771932 1251587 623959 524895 1242430 7686871 7211236 X 23983810 33990060 39243 31385 24023053 34021445 31709924 41232681 X 9847749 151393 -750 X 0 1 X 0 0 X 410182 334021 2514056 1583133 1560213 6401605 33274851 43828018 49103137 52277560 53680063 232163629 33685033 44162039 51617193 53860693 55240276 238565234 150 150 0 150 150 238565084 25508 21070 16474 31383 264222 358657 25508 21070 16474 31383 264222 358657 4086 4733 10798 14463 11435 45515 33714627 44187842 51644465 53906539 55515933 238969406 0.99830 0.99940 0.00150 0.00050 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 0 0 0 0 1 12000 12000 0 Part II-B, Line 1: Lobbying expenses are a monthly recurring retainer to Davis Brown Law Firm. The lobbyist advocates for Imagine the Possibilities and other similar agencies related to Human Services. 0 1 X 1243215 1243215 16070185 8117004 7953181 6514585 4783482 1731103 41086 41086 10968585 Due to third party payors 182796 Finance lease liabilities 456734 Operating lease liabilities 602900 1242430 X 56346540 151393 -750 150643 56195897 -8434 -8434 56187463 46348148 8434 8434 46339714 0 46339714 Part IV, Line 2b: The Organization holds security deposits for the tenants of the apartments. These funds are included in prepaid expenses and other assets on the statement of financial position. Security deposits totaled $22,519 and $27,464 at June 30, 2023 and 2022. The Organization is the custodian of funds held on the behalf of residents of the licensed longterm care facilities. As of June 30, 2023 and 2022, these funds amounted to $771,932 and $766,898. These funds are reported in the statement of financial position as an asset and corresponding liability. Part X, Line 2: The Organization believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The Organization would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. Part XI, Line 2d - Other Adjustments: Change in value of beneficial interests reported in revenue for financials -750. Part XI, Line 4b - Other Adjustments: Fundraising Expense included in revenue for Form 990 -8,434. Part XII, Line 2d - Other Adjustments: Fundraising Expense included in revenue for Form 990 8,434. Golf Tournament 43494 23625 19869 8434 43494 23625 19869 8434 8434 11435 1 Outreach program providing assistance to individuals 42 16120 Part I, Line 2: The outreach program provides assistance to individuals to provide funds for entry fees on outings, rental deposits to move on their own, and money for household supplies. Individuals must apply for assistance and are clients of the organization. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 Todd Seifert CEO 277572 0 10000 0 577 0 8402 0 17359 0 313910 0 0 0 Wendy Malone President 264413 0 0 0 425 0 7946 0 25835 0 298619 0 0 0 Tiffany Higgins COO 200499 0 10250 0 620 0 5676 0 432 0 217477 0 0 0 Jeffrey Morris CAO 172098 0 0 0 534 0 6683 0 24481 0 203796 0 0 0 Megan Simmons CFO 161282 0 0 0 188 0 5960 0 24834 0 192264 0 0 0 Part I, Line 1a Gross up wages for a bonus given to Todd Seifert, Jeff Morris, Wendy Malone, Tiffany Higgins, Michelle Phillis, and Megan Simmons are included in taxable income. Form 990, Part VI, Section A, line 8b The Organization does not have committees with authority to act on behalf of the governing body. Form 990, Part VI, Section B, line 11b The 990 will be made available to all board members prior to filing. All questions will be resolved and the board will take action to approve or reject the submission of form 990. Form 990, Part VI, Section B, line 12c Each director, officer and member of the committee with governing board-designated powers must annually sign a statement attesting to the fact that he/she has received a copy of the conflict of interest policy and has read and understands the policy. The Compliance and Privacy Officer, in consultation with the Executive Team, and the Corporate Compliance and HIPAA Consultant reviews any potential conflicts. Any board member having a duality of interest or possible conflict of interest on any matter shall not vote or use his/her personal influence on the matter. Such director is counted in determining the quorum for the meeting. The minutes of the meeting reflects that a disclosure was made as well as the abstention from voting. Form 990, Part VI, Section B, line 15a Compensation for the CEO is determined on an annual basis through board review in a closed session. Wage surveys and research with other agencies are used for comparability data and the process and deliberation is documented in the board minutes. Compensation for the CFO and President is determined on an annual basis. Wage surveys and research with other agencies is used for comparability. Documentation is provided in the personnel files. The board is not involved in determining compensation. Form 990, Part VI, Section C, line 19 The organization's governing documents, conflict of interest policy and financial statements are not available to the public however information pertaining to these can be found in the public disclosure copy of the Form 990. Form 990, Part XI, line 9: Change in value of beneficial interest in assets held by others Other Changes in net assets-990 -750.