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SVRC Industries

Saginaw, MI · EIN 38-1740297 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2025 (tax year 2025) · View the filing · Correct or respond

SVRC Industries reported $10.4 million in revenue and $9.1 million in expenses for calendar year 2025. Of every $100 it spent, $91.86 went to program services, $8.14 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 47.9% of the total. Government grants made up 46.8%. The highest compensation it reported for one person was $193,777 (CEO). 3 people received more than $100,000 in reportable compensation. Revenue rose 5% between 2019 and 2025. Source: Form 990, 2025.

Where $100 of spending went

Calendar year 2025 · Form 990, Part IX, line 25 · total expenses $9.1M

For context, the median across 409 covered employment charities: $88.97 programs, $11.03 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2025 · Form 990, Part VIII · total revenue $10M

The 990 scorecard · same measures for every charity, no grades

2025 filing. Median across 409 covered charities in this category, from their latest filings.
Measure2025Median
Program services
Part IX 25(B) ÷ 25(A)
91.9%88.0%
Management & general
Part IX 25(C) ÷ 25(A)
8.1%10.9%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
47.9%22.8%
Government grants share of revenue
Part VIII 1e ÷ 12
46.8%1.4%
Program service revenue share
Part VIII 2g ÷ 12
35.8%62.6%
Highest reported compensation
Part VII-A, columns D–F
$193,777$297,435
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.12%1.26%
People paid over $100,000
Part VII, line 2
36
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
27.68.1
Independent voting board members
Part VI 1a–1b
9 of 9100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2025 · Form 990, Part III · the three largest programs by expense
$3.5M expenses · 42.3% of program spending · grants $25,972

Great Lakes Bay MI Works Path - To provide assistance to individuals seeking employment

$393K expenses · 4.7% of program spending · revenue $673K

Production/manufacturing services - to provide vocational training, work experience and extended work adjustment in real work situations

$1.3M expenses · 15.0% of program spending · revenue $3.1M

Empowered Voices Program - To provide vocational training, work experience and extended work adjustment in real work situations

$3.2M all other programs (line 4d)

Highest reported compensation

2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO
Officer, 40.00 hrs/week
$185,292$0$8,485$193,777
Chief Clinical Offic
Officer, 14.00 hrs/week
$128,754$0$6,438$135,192
Controller
Officer, 40.00 hrs/week
$115,769$0$5,789$121,558

3 people received more than $100,000 in reportable compensation from SVRC Industries (Part VII, line 2). Compensation of current officers, directors and key employees totaled $315K (Part IX, line 5).

7 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20M2019202020212022202320242025$10M$9.1M
FilingRevenueExpensesProgramsNet assetsTop pay
2025 ⓘ$10M$9.1M91.9%$21M$193,777
2024 ⓘ$12M$18M63.5%$20M$153,370
2023 ⓘ$10M$10M87.5%$16M$158,645
2022 (amended) ⓘ$12M$11M89.4%$17M$252,093
2021 ⓘ$11M$8.7M79.6%$18M$241,027
2020 ⓘ$6.8M$8.1M85.1%$16M$206,386
2019 ⓘ$10.0M$9.8M96.8%$17M$196,955

Governance answers, as filed

2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b9 · 9 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5166
  • Volunteers Part I, line 69

Largest outside contractors

2025 · Form 990, Part VII, Section B · businesses only
Ross Education Holdings Inc
Education
$154,970
160 Driving Academy of Saginaw
Driving lessons
$100,290

Individuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.

Private foundation grants it received

2 private foundations reported grants to SVRC Industries totaling $16,483 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from SVRC Industries's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for SVRC Industries, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All employment charities · Largest charities in Michigan

Questions people ask

How much of SVRC Industries's spending goes to programs?

In calendar year 2025, SVRC Industries reported that 91.9% of its $9.1 million in expenses went to program services, 8.1% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does SVRC Industries pay its top executive?

The largest total compensation SVRC Industries reported for one person in calendar year 2025 was $193,777, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does SVRC Industries get its money?

Of $10.4 million in revenue in calendar year 2025, 47.9% came from contributions and grants (including 46.8% from government grants) and 35.8% from program service revenue (Form 990, Part VIII).

Is SVRC Industries a registered charity?

The IRS lists EIN 38-1740297 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2025: Form 990 for calendar year 2025, object 202601549349300620 · read the filing · XML
  • 2024: Form 990 for calendar year 2024, object 202532379349300658 · read the filing
  • 2023: Form 990 for calendar year 2023, object 202401449349300910 · read the filing
  • 2022: Form 990 for calendar year 2022 (amended), object 202321779349300107 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202211189349300221 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202141889349301144 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202011349349301636 · read the filing

All filings for EIN 38-1740297: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.