Adeo Colorado
- Assets
- $7.1m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 81
- Location
- Greeley, CO
- Founding
- 06/1979
- Data as of
- 09/2023
- EIN
- 84-0779790
Organization Overview
Adeo Colorado is located in Greeley, CO. The organization was established in 1979. According to its NTEE Classification (E92) the organization is classified as: Home Health Care, under the broad grouping of Health Care and related organizations. As of 09/2023, Adeo Colorado employed 81 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adeo Colorado 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 09/2023, Adeo Colorado generated $4.1m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $3.6m during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 8 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ADEO PROVIDES SUPPORT FOR ALL MAJOR LIFE ACTIVITIES FOR ADULTS LIVING WITH THE RESIDUAL IMPACT OF A BRAIN INJURY BY PROVIDING A PLACE TO CALL HOME AND SERVICES THAT PROMOTE PHYSICAL, BEHAVIORAL AND EMOTIONAL WELLNESS, OPPORTUNITIES FOR CONNECTION AND JOY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADEO PROVIDES SUPPORTIVE LIVING SERVICES FOR ADULTS WITH BRAIN INJURIES, FUNDED BY MEDICAID HOME AND COMMUNITY-BASED WAIVERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarita Reddy Executive Di | Officer | 40 | $136,717 |
Junior Barrios Director | Trustee | 1 | $0 |
Nick Berryman Director | OfficerTrustee | 1 | $0 |
Shelly Rios Director | Trustee | 1 | $0 |
Deborah Sergesketter President | OfficerTrustee | 1 | $0 |
Stacy Suniga Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $113,933 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,507 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $127,440 |
| Total Program Service Revenue | $2,641,588 |
| Investment income | $69,534 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $300,890 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $16,545 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,088,999 |
| 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. | $136,717 |
| Compensation of current officers, directors, key employees. | $31,445 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,825,472 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $154,983 |
| Payroll taxes | $158,837 |
| Fees for services: Management | $28,460 |
| Fees for services: Legal | $437 |
| Fees for services: Accounting | $21,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $198,522 |
| Advertising and promotion | $83,512 |
| Office expenses | $13,974 |
| Information technology | $32,936 |
| Royalties | $0 |
| Occupancy | $141,480 |
| Travel | $51,428 |
| 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 | $227,564 |
| Insurance | $163,884 |
| All other expenses | $55,912 |
| Total functional expenses | $3,557,833 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $726,542 |
| Savings and temporary cash investments | $967,421 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $125,496 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,359 |
| Net Land, buildings, and equipment | $4,034,272 |
| Investments—publicly traded securities | $1,202,840 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $35,489 |
| Total assets | $7,095,419 |
| Accounts payable and accrued expenses | $159,154 |
| 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 | $4,450 |
| Total liabilities | $163,604 |
| Net assets without donor restrictions | $6,889,628 |
| Net assets with donor restrictions | $42,187 |
| 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 | $7,095,419 |