Ability Building Services Inc
- Assets
- $8.7m
- Revenue
- $8.8m
- Investments
- $0.0
- Employees
- 166
- Location
- Yankton, SD
- Founding
- 01/1979
- Data as of
- 06/2022
- EIN
- 46-0347989
Organization Overview
Ability Building Services Inc is located in Yankton, SD. The organization was established in 1979. 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, Ability Building Services Inc employed 166 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ability Building Services 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, Ability Building Services Inc generated $8.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $8.0m during the year ending 06/2022. While expenses have increased by 6.1% 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
THE ORGANIZATION PROVIDES PRE-VOCATIONAL ACTIVITIES, VOCATIONAL TRAINING, RESIDENTIAL TRAINING AND OTHER SUPPORT AND SERVICES TO PEOPLE WITH DEVELOPMENTAL DISABILITES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION IS ENGAGED IN A SYSTEMATIC PROGRAM TO ENHANCE PERSONAL, SOCIAL, AND VOCATIONAL DEVELOPMENT FOR DEVELOPMENTALLY DISABLED INDIVIDUALS. SPECIAL EDUCATION SERVICES ARE PROVIDED TO INDIVIDUALS UNDER THE AGE OF 21. A SIGNIFICANT NUMBER OF ADULTS ARE ALSO PROVIDED SPECIAL EDUCATION SERVICES. THE ORGANIZATION IS INVOLVED IN FOLLOW-ALONG SERVICES TO ALL INDIVIDUALS LIVING INDEPENDENTLY.
THE LOCUST STREET APARTMENTS WERE CONSTRUCTED WITH FUNDING BY A NEIGHBORHOOD STABILIZATION PROGRAM LOAN THROUGH THE SOUTH DAKOTA HOUSING DEVELOPMENT AUTHORITY. THE PROJECT CONSISTS OF EIGHT ONE BEDROOM APARTMENT UNITS LOCATED IN YANKTON, SD.
THE PRAIRIE VIEW APARTMENTS WERE CONSTRUCTED WITH FUNDING BY A NEIGHBORHOOD STABILIZATION PROGRAM LOAN THROUGH THE SOUTH DAKOTA HOUSING DEVELOPMENT AUTHORITY. THE PROJECT CONSISTS OF SIX ONE BEDROOM APARTMENT UNITS LOCATED IN YANKTON, SD.
THE WOODLAND APARTMENTS WERE FUNDED BY A NEIGHBORHOOD STABILIZATION PROGRAM LOAN AND A HOME INVESTMENT PARTNERSHIPS PROGRAM LOAN THROUGH THE SOUTH DAKOTA HOUSING DEVELOPMENT AUTHORITY. THE PROJECT CONSISTS OF SIX ZERO BEDROOM APARTMENT UNITS LOCATED IN YANKTON, SD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Kathol Executive Di | Officer | 40 | $85,506 |
Patricia Ballensky Business Man | Officer | 40 | $83,031 |
Lincoln Waltner Treasurer | OfficerTrustee | 1 | $0 |
Jane Pugh Secretary | OfficerTrustee | 1 | $0 |
Nick Moser Vice Preside | OfficerTrustee | 1 | $0 |
Kendra Baily President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,684,024 |
| All other contributions, gifts, grants, and similar amounts not included above | $52,936 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,736,960 |
| Total Program Service Revenue | $7,058,077 |
| Investment income | $8,445 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $7,409 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,810,891 |
| 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. | $190,687 |
| Compensation of current officers, directors, key employees. | $190,687 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,117,666 |
| Pension plan accruals and contributions | $172,173 |
| Other employee benefits | $949,338 |
| Payroll taxes | $395,487 |
| Fees for services: Management | $2,534 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $55,355 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $95,945 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $615,205 |
| Travel | $110,194 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $171,007 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $8,025,410 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,852,113 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $575,092 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,229 |
| Prepaid expenses and deferred charges | $145,428 |
| Net Land, buildings, and equipment | $3,085,835 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,664,697 |
| Accounts payable and accrued expenses | $461,101 |
| Grants payable | $0 |
| Deferred revenue | $2,206,076 |
| 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 | $2,293,056 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,960,233 |
| Net assets without donor restrictions | $3,166,400 |
| Net assets with donor restrictions | $538,064 |
| 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 | $8,664,697 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ability Building Services Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Leland J And Dorothy H Olson Charitable Fountation Omaha, NE PURPOSE: GENERAL FUNDS | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Living Services Incorporated Fargo, ND | $19,445,426 | $22,252,466 |
New Hope Village Carroll, IA | $16,084,175 | $19,892,744 |
Touchstone Mental Health Minneapolis, MN | $8,476,042 | $15,823,650 |
Link Associates West Des Moines, IA | $2,870,425 | $15,095,571 |
Mid-Nebraska Individual Services Inc Hastings, NE | $6,878,685 | $14,396,067 |
Hope Haven Area Development Center Corporation Burlington, IA | $12,948,904 | $15,411,343 |
Dakotabilities Sioux Falls, SD | $18,394,244 | $13,416,769 |
Able Incorporated Dickinson, ND | $27,235,184 | $16,593,018 |
Human Service Agency Watertown, SD | $13,335,518 | $13,761,129 |
Childserve Homes Inc Johnston, IA | $5,469,975 | $12,698,370 |
Harry Meyering Center Inc Mankato, MN | $16,984,389 | $13,887,257 |
Lifequest Mitchell, SD | $5,936,493 | $14,949,946 |