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Nonprofiteer
← IMAGINE THE POSSIBILITIES INC

Form 990 for tax year 2024

Filed by IMAGINE THE POSSIBILITIES INC.

Totals

Total revenue
$73,774,424
Total expenses
$65,875,525
Contributions and grants received
$3,880,149
Grants paid
$14,150
Program service revenue
$68,674,604
Investment income
$1,218,046
Other revenue
$1,625
Total assets, end of year
$69,872,227
Total liabilities, end of year
$7,243,297
Net assets or fund balances, end of year
$62,628,930
Program services expenses (Part IX)
$44,344,044
Management and general expenses
$21,531,481
Fundraising expenses
$0
Program service expenses (Part III)
$44,344,044

Program services were 67.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $44,150

  • 1c · Fundraising events

    $15,370

  • 1e · Government grants (contributions)

    $1,986,211

  • 1f · All other contributions, gifts and grants

    $1,834,418

  • 2a · Program service revenue: Home Community Based Services

    total $53,811,489 · related or exempt $53,811,489

  • 2b · Program service revenue: Day Habilitation

    total $4,602,998 · related or exempt $4,602,998

  • 2c · Program service revenue: Residential Care Facility

    total $3,855,148 · related or exempt $3,855,148

  • 2d · Program service revenue: Rental Income

    total $2,258,895 · related or exempt $2,258,895

  • 2e · Program service revenue: Supportive Employment

    total $2,056,898 · related or exempt $2,056,898

  • 2f · All other program service revenue

    total $2,089,176 · related or exempt $2,089,176

  • 3 · Investment income

    total $864,250 · excluded $864,250

  • 7a · Gross sales of assets other than inventory

    other assets $353,796

  • 7b · Less cost or other basis and sales expenses

    other assets $0

  • 7c · Gain or loss

    other assets $353,796

  • 7d · Net gain or loss

    total $353,796 · excluded $353,796

  • 8a · Fundraising events: gross income

    $8,430

  • 8a · Fundraising events: contributions included on line 1c

    $15,370

  • 8b · Fundraising events: direct expenses

    $6,805

  • 8c · Net income from fundraising events

    total $1,625 · excluded $1,625

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $14,150 · program services $14,150

  • 5 · Compensation of officers, directors and key employees

    total $2,018,192 · management and general $2,018,192

  • 7 · Other salaries and wages

    total $43,560,828 · program services $31,234,364 · management and general $12,326,464

  • 8 · Pension plan contributions

    total $975,736 · program services $709,546 · management and general $266,190

  • 9 · Other employee benefits

    total $5,810,077 · program services $4,528,022 · management and general $1,282,055

  • 10 · Payroll taxes

    total $3,348,952 · program services $2,348,676 · management and general $1,000,276

  • 11b · Fees: legal

    total $2,704 · management and general $2,704

  • 11c · Fees: accounting

    total $371,601 · management and general $371,601

  • 11d · Fees: lobbying

    total $18,000 · program services $18,000

  • 11g · Fees: other

    total $504,960 · program services $36,284 · management and general $468,676

  • 13 · Office expenses

    total $988,220 · program services $503,298 · management and general $484,922

  • 14 · Information technology

    total $858,166 · program services $146,556 · management and general $711,610

  • 16 · Occupancy

    total $1,919,400 · program services $1,456,714 · management and general $462,686

  • 17 · Travel

    total $900,342 · program services $581,524 · management and general $318,818

  • 19 · Conferences, conventions and meetings

    total $124,170 · program services $21,127 · management and general $103,043

  • 20 · Interest

    total $12,139 · program services $4,184 · management and general $7,955

  • 22 · Depreciation, depletion and amortization

    total $1,703,034 · program services $1,028,136 · management and general $674,898

  • 23 · Insurance

    total $1,352,795 · program services $1,063,296 · management and general $289,499

  • 24a · Other expenses: Repairs & Maintenance

    total $606,519 · program services $418,004 · management and general $188,515

  • 24b · Other expenses: Bad Debt Expense

    total $286,403 · program services $60,059 · management and general $226,344

  • 24c · Other expenses: Recuritment & Retention

    total $183,860 · program services $35,688 · management and general $148,172

  • 24d · Other expenses: Food

    total $144,324 · program services $135,907 · management and general $8,417

  • 24e · All other expenses

    total $170,953 · program services $509 · management and general $170,444

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $7,825 · end of year $6,215

  • 2 · Savings and temporary cash investments

    beginning of year $29,185,160 · end of year $31,825,971

  • 4 · Accounts receivable

    beginning of year $7,657,624 · end of year $6,646,667

  • 9 · Prepaid expenses and deferred charges

    beginning of year $237,743 · end of year $58,944

  • 10a · Land, buildings and equipment: cost or other basis

    $34,126,577

  • 10b · Land, buildings and equipment: accumulated depreciation

    $15,232,299

  • 10c · Land, buildings and equipment, net

    beginning of year $20,107,900 · end of year $18,894,278

  • 11 · Investments: publicly traded securities

    beginning of year $3,486,668 · end of year $10,655,560

  • 15 · Other assets

    beginning of year $1,726,316 · end of year $1,784,592

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,525,318 · end of year $4,979,244

  • 19 · Deferred revenue

    beginning of year $654,280

  • 21 · Escrow or custodial account liability

    beginning of year $797,985 · end of year $797,985

  • 23 · Secured mortgages and notes payable

    beginning of year $897,553 · end of year $392,271

  • 25 · Other liabilities

    beginning of year $1,397,668 · end of year $1,073,797

  • 27 · Net assets without donor restrictions

    beginning of year $54,016,590 · end of year $62,509,548

  • 28 · Net assets with donor restrictions

    beginning of year $119,842 · end of year $119,382

Mission and programs · 2024

Mission

Empower people to reach individual achievement across the spectrum of life.

Activities or mission (Part I)

Provide services to children and adults with intellectual disabilities.

  • Imagine the Possibilities, Inc. is a charitable nonprofit organization that provides services to individuals with Intellectual Disabilities and Cognitive/Mental Health diagnosis who require support to live in their community of choice. The services offered include:HCBS (Home & Community Based Services) Home and Community Based services are a Medicaid program designed to assist both children and adults with disabilities to live in and become vital members of their communities. This program allows individuals with disabilities to receive precisely the services they need to enable them to live in a setting of their choice and be as independent as possible. (Statement continued on Schedule O)Home and Community Based Services are provided in local communities and can be provided in the home in which the individual resides on a daily or hourly basis, based on individual assessed need tiered rates. Habilitation Services is a program to provide Home and Community-Based Services (HCBS) for individuals with functional impairments typically associated with chronic mental illnesses. Respite Care Respite services provide temporary relief to the usual caregivers and provide all the necessary care that the usual caregiver would provide during that period. The purpose of Respite Care is to enable individuals to remain in their current living situation. RCF (Residential Care Facility) RCF services include daily support, supervision, and care for individuals with diagnoses of intellectual and other developmental disabilities as well as those with mental illness. Individuals with a secondary diagnosis of substance abuse may also be served. Long term and transition care and training are provided, depending on each person's unique needs and abilities. Services may include training in activities of daily living skills, recreational services, behavior therapy, support services, community awareness, and transportation services.

    Expenses $37,028,635 · Grants $14,150 · Revenue $59,925,533

  • Crisis Stabilization ServicesThe Crisis and Transition Services program is a community-based service setting with individualized supportive services for mentally ill and dual diagnosed intellectually disabled adults. Services are voluntary and target individuals seeking support to resolve mental health crisis. Our services may include, but are not limited to assistance in accessing referral programs, service providers, medical care, and appropriate treatment programs; personal support services and assistance in meeting basic human needs; medication support and monitoring; housing and living arrangements; crisis intervention; social rehabilitation; peer support; social skills, leisure time education, (Statement continued on Schedule O) and vocational rehabilitation; family and community support, assistance and education; protection and advocacy; service coordination, transportation; access to religious activities and services.Day Habilitation ServicesDay Habilitation Services provide assistance and support to the individual in developing or maintaining life skills and achieving community integration and inclusion. Services enhance the individual's intellectual functioning, physical and emotional health and development, language and communication development, cognitive functioning, socialization, community integration, functional skill development, behavior management, responsibility, self-direction, daily living activities, self-advocacy skills or mobility.Drop-in Program Drop-in services provide a safe and supportive environment for adults with disabilities. Opportunities are offered to increase social, communication, and recreational skills. The environment is relaxed with minimal structure. Activities may include games, special guests or speakers, and community events. Participants assist with menu planning and preparation of the evening meal as well as keeping the centers clean.

    Expenses $4,643,030 · Revenue $5,435,158

  • Employment Services Employment services are designed to offer supported employment opportunities to individuals who have the desire to work in an integrated work setting. Programs include Community Employment Small Group Services (Enclaves), Supported Employment, Selective Placement and Supported Competitive Employment. Community Employment is designed for individuals to work in community businesses. Individuals must have the necessary work skills to perform a variety of work tasks with minimal supervision. They must be able to adapt to changes in work tasks, work routines, and work environments (Statement continued on Schedule O)Enclave opportunities develop skills to enable individuals to work toward supported and/or community integrated employment.Supported Employment allows individuals the opportunity to work individually in an integrated community business and earn minimum wage or higher. Workers need to demonstrate work and social skills, as well as problem solving to meet the standards required by the employer. Long term job coaching may be a part of this service. Job Development services offer individuals the opportunity to develop resumes, complete employment applications, and prepare for job interviews with a goal to find employment in the community. Career Exploration includes training which may include informal interviews, job tours, job shadowing and community/business research to assist an individual to determine what they are interested in. Career Exploration is strongly influenced by what a person has previously experienced in life. A good career planning process involves providing real opportunities to enable potential workers to make a more informed choice concerning their preference in community employment. Project Search is an employment internship program for students who have completed their 4th year of high school and want to continue with work experience through this program for the 5th year of schooling. Project Search, which is held at Mercy Medical Center in Clinton, Iowa and St. Ambrose University in Davenport, Iowa. Iowa Vocational Rehab Services (IVRS) provides funds for job development services while attending the Project Search Program.Individual Placement and Support (IPS) services support individuals with mental health conditions to find and maintain competitive jobs that match their preferences. IPS is individualized, focuses on a person's strengths, and uses a multidisciplinary approach involving the individual's mental health team. The concept that work promotes wellness and recovery is at the core of IPS services. IPS is ZERO EXCLUSION. No one is excluded from receiving IPS services based on readiness, diagnoses, symptoms, substance use history, psychiatric hospitalizations, homelessness, level of disability, or legal system involvement.

    Expenses $2,133,537 · Revenue $2,960,883

  • Imagine also provides a few services to improve and support the quality of lives for the individuals we serve. They include:Trust Accounts/Representative Payee Services Payee services provide support to individuals to steward their money wisely, manage their incomes and expenses and to develop financial management skills necessary for independent living. We also aim to teach and assist individuals in developing budgets and finding ways to meet their tangible needs. Our Representative Payee services follow the Social Security Administration guidelines for duties of a Representative Payee including: Paying for food, shelter, utilities, and personal needs. Monitoring personal accounts for resource limitations.

    Expenses $538,842 · Revenue $353,030

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Wendy Malone

    President

    Total calculated
    $396,290
    From this org
    $352,638
    From related orgs
    $0
    Other
    $43,652
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $352,150
    Bonus
    $0
    Other
    $488
    Deferred
    $10,013
    Nontaxable benefits
    $33,943
    Filer's total
    $396,594

  • Todd Seifert-CEO-Until 1224

    Exective Chairman-Beg 01/25

    Total calculated
    $386,559
    From this org
    $360,514
    From related orgs
    $0
    Other
    $26,045
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $360,104
    Bonus
    $0
    Other
    $410
    Deferred
    $3,536
    Nontaxable benefits
    $22,813
    Filer's total
    $386,863

  • Tiffany Marlette-COO

    (Until 12/24)/CEO - Beg 01/25

    Total calculated
    $303,982
    From this org
    $291,655
    From related orgs
    $0
    Other
    $12,327
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $290,822
    Bonus
    $0
    Other
    $833
    Deferred
    $9,127
    Nontaxable benefits
    $3,504
    Filer's total
    $304,286

  • Megan Simmons

    CFO

    Total calculated
    $300,404
    From this org
    $291,137
    From related orgs
    $0
    Other
    $9,267
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $290,658
    Bonus
    $0
    Other
    $479
    Deferred
    $9,267
    Nontaxable benefits
    $304
    Filer's total
    $300,708

  • Jeffrey Morris

    CAO

    Total calculated
    $258,413
    From this org
    $222,289
    From related orgs
    $0
    Other
    $36,124
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $221,776
    Bonus
    $0
    Other
    $513
    Deferred
    $8,787
    Nontaxable benefits
    $27,642
    Filer's total
    $258,718

  • Cheryl Plank

    CSAO

    Total calculated
    $210,864
    From this org
    $200,984
    From related orgs
    $0
    Other
    $9,880
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $200,596
    Bonus
    $0
    Other
    $388
    Deferred
    $8,080
    Nontaxable benefits
    $2,104
    Filer's total
    $211,168

  • Michelle Phillis

    CQO

    Total calculated
    $180,092
    From this org
    $172,559
    From related orgs
    $0
    Other
    $7,533
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $172,254
    Bonus
    $0
    Other
    $305
    Deferred
    $6,633
    Nontaxable benefits
    $1,204
    Filer's total
    $180,396

  • Bryan Main

    VP of Operations

    Total calculated
    $139,984
    From this org
    $124,427
    From related orgs
    $0
    Other
    $15,557
    Hours/week
    40

  • Susan Ruchotzke

    Regional Executive Director

    Total calculated
    $136,191
    From this org
    $127,919
    From related orgs
    $0
    Other
    $8,272
    Hours/week
    40

  • Regina Shafer

    Regional Executive Director

    Total calculated
    $134,288
    From this org
    $118,164
    From related orgs
    $0
    Other
    $16,124
    Hours/week
    40

  • Michael Mellon

    Associate Regional Exec Director

    Total calculated
    $127,799
    From this org
    $112,627
    From related orgs
    $0
    Other
    $15,172
    Hours/week
    40

  • Christopher Pletz

    Director of IT

    Total calculated
    $124,830
    From this org
    $112,964
    From related orgs
    $0
    Other
    $11,866
    Hours/week
    40

  • Michael Ruden

    Chairperson

    Total calculated
    $0
    Hours/week
    1

  • Beth Schutterle

    Vice Chairperson

    Total calculated
    $0
    Hours/week
    1

  • Liz DeJoode

    Secretary

    Total calculated
    $0
    Hours/week
    1

  • John Franzen

    Treasurer - Until 06/2025

    Total calculated
    $0
    Hours/week
    1

  • Brad Deery

    Director

    Total calculated
    $0
    Hours/week
    1

  • John Theisen

    Director

    Total calculated
    $0
    Hours/week
    1

  • Scot Wilkins

    Director

    Total calculated
    $0
    Hours/week
    1

  • Jayne Templeton

    Director

    Total calculated
    $0
    Hours/week
    1

  • Ruth Skeens

    Director

    Total calculated
    $0
    Hours/week
    1

  • Rex Troute

    Director

    Total calculated
    $0
    Hours/week
    1

  • Matt Shinn

    Director

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Tax indemnification and gross-up payments
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Part I, Line 1a
Gross up wages for a bonus given to Todd Seifert, Jeff Morris, Wendy Malone, Tiffany Marlette, Michelle Phillis, and Megan Simmons included in taxable income.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
15 May 2026
IRS schema version
2024v5.5
Source object
202601359349311425

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