Stone Belt Arc Inc
- Assets
- $12.8m
- Revenue
- $25.4m
- Investments
- $0.0
- Employees
- 809
- Location
- Bloomington, IN
- Founding
- 06/1961
- Data as of
- 06/2022
- EIN
- 35-1059827
Organization Overview
Stone Belt Arc Inc is located in Bloomington, IN. The organization was established in 1961. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 06/2022, Stone Belt Arc Inc employed 809 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stone Belt Arc Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Stone Belt Arc Inc generated $25.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $24.0m during the year ending 06/2022. While expenses have increased by 5.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
STONE BELT BELIEVES IN THE UNIQUENESS, WORTH AND RIGHT TO SELF-DETERMINATION OF EVERY INDIVIDUAL. THEREFORE, IT IS OUR MISSION, IN PARTNERSHIP WITH THE COMMUNITY, TO PREPARE, EMPOWER, AND SUPPORT PEOPLE WITH DEVELOPMENTAL DISABILITIES AND THEIR FAMILIES TO PARTICIPATE FULLY IN THE LIFE OF THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESIDENTIAL SERVICES INCLUDES RESIDENTIAL SUPERVISED GROUP LIVING & RESIDENTIAL SUPPORTED LIVING: THE MAIN GOAL OF STONE BELT'S RESIDENTIAL PROGRAMS IS TO TEACH CLIENTS TO LIVE INDEPENDENTLY IN THE HOME. STONE BELT TEACHES CLIENTS HOW TO SHOP, COOK, CLEAN, TAKE CARE OF EVERYDAY TASKS, MAKE FRIENDS AND UTILIZE THE COMMUNITY.
DAY SERVICE INCLUDES FOCUS ON SOCIAL SKILLS, LIFE SKILLS, WORK SKILLS, ACADEMIC EMPOWERMENT, AND SELF EXPLORATION AND RECREATIONAL ENGAGEMENT.
MILESTONES CLINICAL & HEALTH RESOURCES PROVIDES SERVICES DESIGNED TO HELP PEOPLE LIVE HEALTHIER AND HAPPIER LIVES. MILESTONES PROVIDES PSYCHIATRIC SERVICES, OUTPATIENT COUNSELING, BEHAVIORAL SUPPORT SERVICES AND NURSING SERVICES.
INCLUDES MANUFACTURING SERVICE AND PROGRAM SUPPORT GROUPS SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leslie Green CEO - Term End Apr'22 | Officer | 40 | $141,747 |
Elizabeth Dewees CEO - Term Beg Apr'22 | Officer | 40 | $93,769 |
Benjamin Brown CFO | Officer | 40 | $93,371 |
Hal Turner Treasurer | OfficerTrustee | 1.5 | $0 |
Carol-Anne Hossler Vice President | OfficerTrustee | 2 | $0 |
Kimberly Hurley Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $34,965 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,588,266 |
| All other contributions, gifts, grants, and similar amounts not included above | $251,961 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,875,192 |
| Total Program Service Revenue | $20,937,397 |
| Investment income | $1,084 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$76,616 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $599,303 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $25,404,232 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $384,299 |
| Compensation of current officers, directors, key employees. | $384,299 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $16,423,708 |
| Pension plan accruals and contributions | $158,555 |
| Other employee benefits | $1,598,534 |
| Payroll taxes | $1,224,840 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,323 |
| Fees for services: Accounting | $37,510 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $397,532 |
| Advertising and promotion | $94,855 |
| Office expenses | $824,746 |
| Information technology | $25 |
| Royalties | $0 |
| Occupancy | $636,081 |
| Travel | $617,351 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,432 |
| Interest | $37,332 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $364,495 |
| Insurance | $159,381 |
| All other expenses | $96,582 |
| Total functional expenses | $24,041,716 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,611,791 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $103,892 |
| Accounts receivable, net | $1,072,407 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $5,974 |
| Prepaid expenses and deferred charges | $135,009 |
| Net Land, buildings, and equipment | $3,222,287 |
| Investments—publicly traded securities | $475,061 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $181,373 |
| Total assets | $12,807,794 |
| Accounts payable and accrued expenses | $1,414,908 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,414,908 |
| Net assets without donor restrictions | $11,188,543 |
| Net assets with donor restrictions | $204,343 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $12,807,794 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Stone Belt Arc Inc has recieved totaling $81,798.
| Awarding Organization | Amount |
|---|---|
United Way Of Monroe County Inc Bloomington, IN PURPOSE: Developmental disability | $54,129 |
Bny Mellon Charitable Gift Fund Boston, MA PURPOSE: TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | $15,000 |
Community Foundation Of Bloomington And Monroe County Inc Bloomington, IN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $12,010 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $395 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $220 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $44 |
Endowment Analysis
| Beg. Balance | $248,505 |
| Earnings | -$32,631 |
| Ending Balance | $215,874 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Cerebral Palsy Seguin Of Greater Chicago Cicero, IL | $32,660,906 | $46,527,213 |
Envision Unlimited Chicago, IL | $25,420,820 | $44,628,110 |
Community Living Options Inc Galesburg, IL | $134,278,097 | $37,185,624 |
Association For Individual Development Aurora, IL | $21,039,653 | $39,395,517 |
The Whole Person Inc Kansas City, MO | $13,109,410 | $33,207,318 |
Milestone Inc Loves Park, IL | $23,166,616 | $34,095,532 |
The Arc Of Northeast Indiana Inc Fort Wayne, IN | $28,082,191 | $36,152,112 |
Logan Community Resources Inc South Bend, IN | $29,321,559 | $31,910,225 |
St Louis Arc Inc St Louis, MO | $31,978,469 | $30,887,504 |
Stone Belt Arc Inc Bloomington, IN | $12,807,794 | $25,404,232 |
Apostolic Christian Lifepoints Inc Morton, IL | $42,471,151 | $22,063,470 |
Knox County Association For Remarkable Citizens Inc Vincennes, IN | $24,536,291 | $19,956,533 |