Civic Intelligence

Adec Inc.

990 • Fiscal year 2023 • EIN 35-1060633

Jul 01, 2022 to Jun 30, 2023 • Filed on Oct 20, 2023

1671 West Vistula StreetBristol, IN 46507

(574) 848-7451

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

26th percentile

0.05x

Higher debt load relative to assets than 26% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

21st percentile

0.09x

Higher debt load relative to revenue than 21% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Net Margin

50th percentile

3.9%

Higher net margin than 50% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

44th percentile

$233,178

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Asset Growth

55th percentile

7.9%

Faster asset growth than 55% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

35th percentile

-1.5%

Faster revenue growth than 35% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Assets

Up

$38,543,404

Up $2,836,274 (+7.9%) from 2022

Net Assets

Up

$36,500,093

Up $2,391,611 (+7.0%) from 2022

Liabilities

Up

$2,043,311

Up $444,663 (+28%) from 2022

Revenue

Down

$21,722,849

Down $322,907 (-1.5%) from 2022

Expenses

Up

$20,884,487

Up $974,681 (+4.9%) from 2022

Net Income

Down

$838,362

Down $1,297,588 (-61%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2011: $16,482,919Liabilities 2011: $2,419,360Net Assets 2011: $14,063,5592011Assets 2012: $16,887,581Liabilities 2012: $2,703,192Net Assets 2012: $14,184,3892012Assets 2013: $17,514,530Liabilities 2013: $2,385,769Net Assets 2013: $15,128,7612013Assets 2014: $18,205,316Liabilities 2014: $1,412,561Net Assets 2014: $16,792,7552014Assets 2015: $19,532,293Liabilities 2015: $1,384,776Net Assets 2015: $18,147,5172015Assets 2016: $20,893,641Liabilities 2016: $1,599,886Net Assets 2016: $19,293,7552016Assets 2017: $23,215,592Liabilities 2017: $1,185,979Net Assets 2017: $22,029,6132017Assets 2018: $25,538,065Liabilities 2018: $1,510,049Net Assets 2018: $24,028,0162018Assets 2019: $27,509,699Liabilities 2019: $983,211Net Assets 2019: $26,526,4882019Assets 2020: $30,826,884Liabilities 2020: $3,123,163Net Assets 2020: $27,703,7212020Assets 2021: $36,869,083Liabilities 2021: $1,209,973Net Assets 2021: $35,659,1102021Assets 2022: $35,707,130Liabilities 2022: $1,598,648Net Assets 2022: $34,108,4822022Assets 2023: $38,543,404Liabilities 2023: $2,043,311Net Assets 2023: $36,500,0932023Assets 2024: $41,780,555Liabilities 2024: $2,081,535Net Assets 2024: $39,699,0202024Assets 2025: $44,210,300Liabilities 2025: $2,831,276Net Assets 2025: $41,379,0242025

Highlighted filing

2023

Assets$38,543,404
Liabilities$2,043,311
Net Assets$36,500,093

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0-$10MExpenses 2011: $16,422,6762011Expenses 2012: $17,297,3482012Expenses 2013: $17,148,2282013Revenue 2014: $17,743,169Expenses 2014: $17,095,251Net Income 2014: $647,9182014Revenue 2015: $17,789,322Expenses 2015: $16,363,921Net Income 2015: $1,425,4012015Revenue 2016: $18,386,944Expenses 2016: $16,972,826Net Income 2016: $1,414,1182016Revenue 2017: $18,384,880Expenses 2017: $16,543,231Net Income 2017: $1,841,6492017Revenue 2018: $19,031,320Expenses 2018: $17,506,557Net Income 2018: $1,524,7632018Revenue 2019: $19,910,002Expenses 2019: $17,977,417Net Income 2019: $1,932,5852019Revenue 2020: $19,624,326Expenses 2020: $18,871,614Net Income 2020: $752,7122020Revenue 2021: $22,018,123Expenses 2021: $17,815,364Net Income 2021: $4,202,7592021Revenue 2022: $22,045,756Expenses 2022: $19,909,806Net Income 2022: $2,135,9502022Revenue 2023: $21,722,849Expenses 2023: $20,884,487Net Income 2023: $838,3622023Revenue 2024: $23,102,781Expenses 2024: $22,533,363Net Income 2024: $569,4182024Revenue 2025: $24,031,754Expenses 2025: $24,408,969Net Income 2025: -$377,2152025

Highlighted filing

2023

Revenue$21,722,849
Expenses$20,884,487
Net Income$838,362
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Oct 20, 2023
Return Version
2022v5.0
Gross Receipts
$22,177,491
Mission and Program Overview

Mission

ADEC PROUDLY ADVOCATES FOR AND SERVES PEOPLE WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES SO THEY LIVE LIVES FULL OF CHIOICE AND POSSIBILITY. THIS INCLUDES THE BELIEF THAT ADEC CLIENTS SHOULD HAVE "A LIFE OF THEIR OWN" WHICH INCLUDES DIGNITY, THE OPPORTUNITY TO BE EMPLOYED, AND THE CHANCE TO BE A PART OF THEIR COMMUNITY. (Continued on Schedule O)

ADEC proudly advocates for and serves people with developmental and intellectual disabilities so they live lives full of informed choice and possibility.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$25,315,386$24,356,798▼ $958,588
Land, Buildings, and Equipment, Net$7,313,119$7,091,771▼ $221,348
Savings and Temporary Cash Investments$835,893$4,824,286▲ $3,988,393
Accounts Receivable$1,268,903$1,194,279▼ $74,624
Cash and Non-Interest-Bearing Accounts$288,427$222,258▼ $66,169
Inventories for Sale or Use$104,794$189,459▲ $84,665
Prepaid Expenses and Deferred Charges$105,459$124,438▲ $18,979
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Loans From Officers Directors$0$0→ $0
Total Assets$35,707,130$38,543,404▲ $2,836,274
Other Assets Total$475,149$540,115▲ $64,966
Liabilities
Accounts Payable and Accrued Expenses$1,094,423$1,456,137▲ $361,714
Other Liabilities$480,063$546,601▲ $66,538
Deferred Revenue$24,162$40,573▲ $16,411
Total Liabilities$1,598,648$2,043,311▲ $444,663
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$31,944,070$34,346,488▲ $2,402,418
Net Assets With Donor Restrictions$2,164,412$2,153,605▼ $10,807
Total Net Assets Fund Balance$34,108,482$36,500,093▲ $2,391,611
Total Liabilities and Net Assets / Fund Balance$35,707,130$38,543,404▲ $2,836,274

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,164,886$7,242,477$12,407,363
Equipment$594,130$2,551,602$3,145,732
Other Land Buildings$710,639$154,062$864,701
Land$622,116-$622,116

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$1,964,320$390▲ $136,934$66,220$2,035,424
2021$2,301,769$405▼ $271,650$66,204$1,964,320
2020$2,004,295$390▲ $363,272$66,188$2,301,769
2019$1,975,852$390▲ $94,226$66,173$2,004,295
2018$1,880,795$390▲ $160,824$66,157$1,975,852
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
-President /CEO - through Dec22FT$177,719$55,459$233,178
-VP Finance/CFOFT$107,532$33,024$140,556
-VP Human ResourcesFT$111,743$20,539$132,282
-VP Operations/CPOFT$110,336$17,273$127,609

Board Members and Trustees

NameTitle
-Board Member/ Chairperson (through Sep 2022)
-Board Member/Chairperson
-President/CEO - Jan23 Forward
-Board Member/Vice Chairperson
-Board Member
-Board Member/Secretary
-Board Member/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,962,845
Program Service Revenue
$18,861,743
Investment Income
$728,526
Other Revenue
$169,735
All Other Contributions
$789,469
Change in Net Assets
$838,362

Audited Revenue Reconciliation

Revenue per Audited Statements
$21,722,849
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,822,294
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$23,545,143
Total Revenue per Form 990
$21,722,849
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$15,580,414
Other Expenses$5,299,573
Total Fundraising Expense$40,724
Grants and Similar Amounts Paid$4,500
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$11,640,487$1,200,059$8,352$12,848,898
Other Employee Benefits$1,039,094$133,990$752$1,173,836
Occupancy$915,035$94,518-$1,009,553
Office Expenses$869,605$78,455$179$948,239
Payroll Taxes$823,562$119,418$599$943,579
Depreciation Depletion$613,237$120,268-$733,505
Current Officers, Directors, Trustees, and Key Employees-$488,686-$488,686
Travel$425,855$16,298-$442,153
Information Technology$258,648$67,724$391$326,763
Insurance$190,680$42,556-$233,236
Fees for Services Other$156,465$50,764$0$207,229
Pension Plan Contributions$101,457$23,958-$125,415
Fees for Service Investment Mgmnt Fees-$115,230-$115,230
Fees for Services Accounting$43,603$69,871-$113,474
All Other Expenses$17,196$79,459$2,798$99,453
Other Expenses$565$52,790$27,653$53,355
Conferences and Meetings-$12,169-$12,169
Fees for Services Legal$260$8,398-$8,658
Grants to Domestic Orgs$4,500--$4,500
Fees for Services Lobbying-$2,661-$2,661
Interest-$92-$92
Total Functional Expenses$17,953,662$2,890,101$40,724$20,884,487

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$21,174,990
Expenses per Audited Statements$20,884,487
Total Expenses per Form 990$20,884,487
Expenses Not Reported on Form 990$290,503
Expenses Not Reported on Financial Statements$0
Other Expense Adjustments$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Right of Use Liabilities$535,135
Funds designated for Self Advocates of ADEC$11,466
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 15B PROCESS USED TO ESTABLISH COMPENSATION OF OTHER OFFICERS/KEY EMPLOYEES

Adec's human resources department and ceo review indiana association of rehabilitation facilities (inarf) compensation surveys, elkhart county chamber wage survey, and other outside compensation surveys in order to determine appropriate compensation for all other officers and employees. This process is performed on an ongoing basis.

Form 990, Part VI, Line 1A Delegate broad authority to A committee

The Executive Committee shall consist of the Chairperson, Vice Chairperson, Secretary, Treasurer, and Immediate Past Chairperson. The Executive Committee shall have the authority to conduct the affairs of the Corporation in the interim between meetings of the Board of Directors, subject to policy established and regulated by the Board of Directors. The Executive Committee shall formulate and propose policy statements to the Board of Directors relative to governance and the use and protection of the Corporation's assets, and shall formulate policy with respect to matters of finance. The governance committee and finance committee shall serve as a resource to the executive committee on these matters. The Executive Committee will also provide oversight to and for the President/Chief Executive Officer of the Corporation in the performance of his/her duties. At least three officers shall constitute a quorum of the Executive Committee for the transaction of any business in person or by proxy. Regular meetings of Executive Committee may be held as a part of the Board meeting in Executive Session at a place and time designated by the Chairperson.

Form 990, Part VI, Line 11B Review of form 990 by governing body

The organization's management performs a detailed review of a draft of the Form 990. A board meeting is then held where a final draft of the full form 990, including all applicable schedules, is presented to each member of the governing body. At the board meeting, the full form 990, along with a summary of key points of the return, are presented and board members are allowed to ask any questions they may have about the return. Once reviewed and approved by the board of directors, the return is then filed with the IRS.

Form 990, Part VI, Line 12C Conflict of interest policy

A conflict of interest questionnaire is sent out annually to each officer and director of the organization. The questionnaire requires each person to answer a series of questions related to various potential conflicts of interest that are specifically asked on the Form 990. The organization's compliance officer monitors the responses for any potential conflicts of interest and shares responses with the President/CEO and the chairperson of the board who then determines whether or not an actual conflict of interest exists. Anyone who is determined to have a conflict of interest is not allowed to vote on any matters involving the related conflict of interest. The compliance officer attends all board meetings to ensure compliance with these guidelines.

Form 990, Part VI, Line 15A Process to establish compensation of top management official

The board chairperson reviews Indiana Association of Rehabilitation Facilities (INARF) compensation surveys, as well as performance incentives achieved by the CEO, in determining the compensation for the organization's CEO. The executive finance committee then reviews the findings, deliberates and establishes the amount of compensation. This process was last performed and documented in July 2021. CEO turnover occurred in January 2023 with the new CEO receiving the same compensation as the previous.

Form 990, Part VI, Line 19 Required documents available to the public

The organization makes its governing documents, conflicts of interest policy, and audited financial statements available to the public upon request.

Form 990, Part VIII, Line 11D Other Miscellaneous Revenue

Other - Total Revenue: 2744, Related or Exempt Function Revenue: 2744, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;

Filing and Contact Details

Filer

Filer Name
ADEC Inc
EIN
35-1060633
Phone
5748487451
Address
1671 WEST VISTULA STREET, BRISTOL, IN 46507

Signing Officer

Name
Chris Kingsley
Title
President/CEO
Phone
5748487451
Signed
2023-10-20
Discuss with paid preparer
Yes

Organization Details

Formed
1952
Legal Domicile
In
Voting Board Members
10
Independent Board Members
10
Employees
473
Volunteers
55

Preparer

Firm
Crowe Llp
Address
225 West Wacker Drive Suite 2600, Chicago, IL 60606-1224
Preparer
Jennifer Burke
Phone
3128997000
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1 ORGANIZATION'S MISSION

(continued from part iii, line 1) since 1952, adec's mission and work has included providing individuals with intellectual and developmental disabilities the ability to live lives full of informed choice and possibility and free from exploitation and abuse. Adec clients are members of the communities in which they live and contribute through work and volunteering. Today, that mission includes: - helping families who have children diagnosed with a disability get connected to resources including understanding their rights, linking up with an appropriate therapist and having access to extended day and summer camp. - residential services for individuals who benefit from a group home environment and a supported living environment. - employment services that include community employment where adec clients feel the pride of earning a paycheck and interacting with their co-workers. - day service programs in six locations that provide vocational time where adec clients get to flex their creative muscles and have the opportunity of selling their creations to the public. - a "gaining grounds coffee shop" includes specialized conference/meeting rooms in the bristol facility. - a guardianship program that provides much needed advocates when a client's own family is unable to be there. Adec serves over 1,000 individuals with the intent to create a space and programs where individuals with disabilities are cared for and encouraged to try new things. Our mission includes "community" because we've believed since our inception that people with disabilities belong in the community and are a valuable part of the communities in which we all live. Adec clients routinely volunteer in the community, attend community events and interact with others in our community. Since 1952, adec has evolved to fit the needs of those we serve while continuing to advocate and support our clients.

Form 990, Part III, Line 4A RESIDENTIAL AND DAY SERVICES

(continued from part iii, line 4a) these services are meant to help clients gain community connections and eventually be independent in the community. These services are provided to people that live with family or in their own homes/apartments. Adec provides support in the following areas; financial management, community integration, health care coordination, transportation, and community advocacy. Adec also provides support in other areas that may be client specific such as personal hygiene, meal preparation etc. Adec's greatest goal is to help people we work with realize their dreams and be independent in the community. Adec's staff schedules are driven by the needs of the specific person being served. Those using supported living can choose to develop a variety of services to pursue their individual interests and needs within the community. Adec's supported living services allow adults with intellectual disabilities to live in their own home or apartment with the support of trained staff assistance. Those using supported living services can choose to develop a variety of services to pursue their individual interests and needs within the community. Adec's day services utilize community based and facility based activities to assist adults with individual goals in areas of self-help, communication, and socialization. Those served have opportunities to: -volunteer in the community; -take part in organized community recreational opportunities such as individual and team sports; -enjoy music therapy and social events; -patronize community shops, services, and resources.

Form 990, Part III, Line 4B ADULT TRAINING AND VOCATIONAL SERVICES

(CONTINUED FROM PART III, LINE 4B) ADAPTIVE TECHNOLOGY AND JOB ACCOMMODATIONS, SELF-ADVOCACY, AND ASSISTANCE WITH INTERPERSONAL AND COMMUNICATION SKILLS. ADEC'S SKILLS TRAINING PROGRAM IS DESIGNED TO HELP BRIDGE THE GAP BETWEEN EDUCATION AND EMPLOYMENT. THE PROGRAM IS OPEN TO ANY INDIVIDUALS WITH DISABILITIES INTERESTED IN JOINING THE WORKFORCE, BUT IS AIMED AT UPCOMING AND RECENT HIGH SCHOOL GRADUATES. OVER THE PAST YEAR IN ELKHART AND ST. JOSEPH COUNTIES, WE HAVE SERVED APPROXIMATELY 300 CLIENTS IN VARIOUS STAGES OF EMPLOYMENT SERVICES INCLUDING DISCOVERY, JOB PLACEMENT, SUPPORTED EMPLOYMENT, AND EXTENDED SERVICES. ADEC'S ADULT HABILITATION SERVICES ARE DESIGNED TO PROVIDE ADULTS LIVING WITH AN INTELLECTUAL DISABILITY A MEANINGFUL DAY, EVERY DAY. WE ACCOMPLISH THIS BY TAKING TIME TO DISCOVER THE ABILITIES AND INTERESTS OF THE PEOPLE WE SERVE, AND THEN CHALLENGING THEM TO WORK AT DEVELOPING THOSE SKILLS, ABILITIES AND INTERESTS. THE KEY OBJECTIVES IN ADEC'S DAY SERVICE PROGRAM ARE TO PROVIDE OPPORTUNITIES FOR PRODUCTIVITY, RECREATION AND SOCIALIZATION EACH DAY. PRODUCTIVITY IS ACCOMPLISHED BY PROVIDING A VARIETY OF ACTIVITIES, INCLUDING; WOODWORKING, ART, BAKING AND COOKING, PHOTOGRAPHY, SEWING, and OTHER "VOCATIONAL" ACTIVITIES. RECREATION IS ACCOMPLISHED BY PROVIDING NOT ONLY EXERCISE GROUPS, BUT ALSO ORGANIZED COMMUNITY RECREATIONAL OPPORTUNITIES SUCH AS INDIVIDUAL AND TEAM SPORTS (I.E., SOFTBALL, BASKETBALL, BOWLING, ETC.). SOCIALIZATION IS ACCOMPLISHED BY OFFERING VOLUNTEER OPPORTUNITIES IN THE COMMUNITY, PARTICIPATING IN ORGANIZED SOCIAL EVENTS AND PATRONIZING COMMUNITY SHOPS, SERVICES AND RESOURCES SUCH AS THE LIBRARY, PARKS AND RESTAURANTS. ADEC'S ASSISTIVE TECHNOLOGY PROGRAM INTEGRATES THE USE OF TECHNOLOGY TO HELP PROMOTE INDEPENDENCE IN THOSE WE SERVE. THIS IS ACCOMPLISHED THROUGH TRAINING STAFF AND CLIENTS ON TECHNOLOGIES THAT WILL GIVE THOSE WITH DISABILITIES GREATER INDEPENDENCE, RESEARCHING AND IMPLEMENTING ASSISTIVE TECHNOLOGIES IN OUR PROGRAMS AND DEVELOPING OUR OWN TECHNOLOGICAL SOLUTIONS WHERE THERE IS NO EXISTING SOLUTION. ADEC INDUSTRIES PROVIDES EMPLOYMENT IN A FACTORY ENVIRONMENT. EMPLOYEES WORK ON A VARIETY OF PACKAGING AND ASSEMBLY PROJECTS SERVING LOCAL INDUSTRY. THROUGH REGULAR COACHING, ADEC MONITORS EMPLOYEE PROGRESS AND PROVIDES SUPPORT AS NEEDED TO ASSURE SUCCESS ON THE JOB. ADEC INDUSTRIES MANUFACTURES AND SELLS OUR SILVER LININGS PRODUCTS; TRASH LINERS THAT COME IN A VARIETY OF SIZES AND STRENGTHS. THE SALES FROM THE SILVER LININGS BRAND TRASH BAGS HELP SUPPORT THE PROGRAM TO CONTINUE IN ITS MISSION.

Form 990, Part III, Line 4C FAMILY SERVICES

(continued from part iii, line 4c) adec's family services referral coordinator helps guide parents through the process of finding services through adec or referral to other organizations that fit their needs. Adec recreational and music therapy and behavioral services are delivered by qualified professionals who are formally trained, credentialed through national testing, and are board certified. Our therapists are committed to providing you or your loved one with the best possible services by using a team approach and remaining easily accessible for your therapy needs. Relief and assistance for families with children of all ages and/or adults with disabilities and/or emotional/mental illness is also provided through adec's respite services. We offer: the type and amount of services are individually designed to meet the needs of each child and family. Families play a key role in deciding what services are needed to help their child. Services following evaluation are funded through the state, federal, medicaid and charitable donations.

Form 990, Part III, Line 4D Description of other program services

(Expenses $ 840,395 including grants of $ 225)(Revenue $ 257,758) TRANSPORTATION SERVICES IN ELKHART AND ST. JOSEPH COUNTIES ARE PROVIDED TO ADEC DAY SERVICES CLIENTS WHO LIVE AT HOME AND USE SERVICES AT DAY PROGRAM LOCATIONS. GROUP HOME AND SUPPORTED LIVING STAFF PROVIDE TRANSPORTATION FOR RESIDENTS IN THOSE SERVICES. TRANSPORTATION BRINGS CLIENTS WHO LIVE AT HOME AND WORK DAILY AT ADEC INDUSTRIES IN INTEGRATED COMMUNITY EMPLOYMENT.

Form 990, Part XI, Line 9 Other changes in net assets or fund balances

Correction to BOY Net Assets - 21458;

Financial Statement Notes

Schedule D, Part V, Line 4 Intended uses of endowment funds

The purpose of the endowment fund is to facilitate donors' desires to make substantial long-term gifts to the organization to develop a significant source of revenue to support endeavors of the organization. 100% of income from the endowment is used to provide services to clients in keeping with the organization's mission.

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

The Organization is exempt from income taxes on income from related activities under Section 501(c)(3) of the U.S. Internal Revenue Code and corresponding state tax law. Accordingly, no provision has been made for federal or state income taxes. U.S. GAAP requires that a tax position is recognized as a benefit only if it is "more likely than not" that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the "more likely than not" test, no tax benefit is recorded. The Organization's Form 990 has not been subject to examination by the Internal Revenue Service or the state of Indiana for the last three years. The Organization does not expect the total amount of unrecognized tax benefits to significantly change in the next 12 months. The Organization recognizes interest and/or penalties related to income tax matters in income tax expense. The Organization did not have any amounts accrued for interest and penalties at June 30, 2023 and 2022.

Schedule D, Part XI, Line 2(D) Other revenues in audited financial statements not in form 990

Cost of goods sold - 290503

Schedule D, Part XII, Line 2(D) Other expenses in audited financial statements not in form 990

Cost of goods sold - 290503

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IRS990/Desc0RESIDENTIAL SERVICES INCLUDES SUPERVISED GROUP LIVING AND SUPPORTED LIVING SERVICES. BOTH SERVE ADULTS WITH INTELLECTUAL DISABILITIES IN EITHER A GROUP HOME SETTING OR THEIR OWN HOME OR APARTMENT WITH THE SUPPORT OF TRAINED STAFF ASSISTANCE. ADEC'S GROUP RESIDENCES ARE LOCATED IN COMMUNITY NEIGHBORHOODS. WE PROVIDE INDIVIDUALIZED SUPPORT AND TEACHING IN THE AREA OF PERSONAL DEVELOPMENT AND SOCIALIZATION. WE ARE PERSON CENTERED AND SUPPORT INDIVIDUALS WITH VARIOUS EMOTIONAL AND BEHAVIORAL NEEDS. INDIVIDUALS HAVE THE OPPORTUNITY TO ATTEND SOCIAL ACTIVITIES ON A DAILY BASIS. HOMES ARE LOCATED IN RESIDENTIAL AREAS WHERE THE INDIVIDUALS CAN BE FULL PARTICIPANTS IN THEIR COMMUNITY. RESIDENTS ARE PROVIDED WITH MANY OF ADEC'S SERVICES AND TRAINING IN BEHAVIOR MANAGEMENT, COMMUNICATION, ADULT DAILY LIVING SKILLS, EMPLOYMENT AND COMMUNITY INTERACTION. SUPPORTED LIVING PROVIDES RESIDENTIAL SUPPORTS TO PEOPLE ON THE COMMUNITY INTEGRATION AND HABILITATION WAIVER, FAMILY SUPPORT WAIVER AND BDDS STATE FUNDING BUDGETS. (CONTINUED ON SCHEDULE O)
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IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt0Jason L Pippenger
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt1Kevin Boyer
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt2Kristine Osterday
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt3Larry Gautsche
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt4Thomas Nickel
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt5Cary Kelsey
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt6Don Anderson
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt7Lauren Maxson
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt8Mr Steven Boyer
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt9Phillip Noonan
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt10Thomas Kroll
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt11Chris Kingsley
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt12DONNA L BELUSAR
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt13Lisa Kendall
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt14Timothy Donlin
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt15Michelle McGuin
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IRS990/Form990PartVIISectionAGrp/TitleTxt13VP Human Resources
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP Finance/CFO
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IRS990/MissionDesc0ADEC PROUDLY ADVOCATES FOR AND SERVES PEOPLE WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES SO THEY CAN LIVE LIVES FULL OF INFORMED CHOICE AND POSSIBILITY. THIS INCLUDES THE BELIEF THAT ADEC CLIENTS SHOULD HAVE "A LIFE OF THEIR OWN" WHICH INCLUDES DIGNITY, THE OPPORTUNITY TO BE EMPLOYED, AND THE CHANCE TO BE A PART OF THEIR COMMUNITY. (Continued on Schedule O)
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IRS990/OtherExpensesGrp/Desc1Medical Supplies
IRS990/OtherExpensesGrp/Desc2Community Education
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IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0101457
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IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0CHRIS KINGSLEY
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IRS990/ProgramServiceRevenueGrp/Desc0RESIDENTIAL SERVICES
IRS990/ProgramServiceRevenueGrp/Desc1ADULT TRAINING AND VOCATIONAL SERVICES
IRS990/ProgramServiceRevenueGrp/Desc2FAMILY SERVICES
IRS990/ProgramServiceRevenueGrp/Desc3TRANSPORTATION SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt014507584
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2296899
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3256534
IRS990/ProgSrvcAccomActy2Grp/Desc0ADULT TRAINING AND VOCATIONAL SERVICES INCLUDE EMPLOYMENT SERVICES, ADULT HABILITATION AND INTEGRATED COMMUNITY EMPLOYMENT AT ADEC INDUSTRIES. AT ADEC, WE PROMOTE CHOICE AND POSSIBILITY BY PROVIDING QUALITY EMPLOYMENT SERVICES FOR INDIVIDUALS EXPERIENCING LIFE WITH A DISABILITY OR BARRIER. WE WORK WITH EACH OF OUR CLIENTS ONE-ON-ONE ENSURING HIS OR HER GOALS, INTERESTS AND ABILITIES ARE TAKEN INTO CONSIDERATION. WE SEEK TO DEVELOP MEANINGFUL EMPLOYMENT OPPORTUNITIES WHILE HELPING THEM BECOME A QUALIFIED CANDIDATE FOR COMPETITIVE EMPLOYMENT THROUGH A VARIETY OF SERVICES, WHICH MAY INCLUDE: BENEFIT ANALYSIS, VOCATIONAL TESTING, SITUATIONAL ASSESSMENT, JOB SHADOW, WORK EXPERIENCE, JOB READINESS TRAINING, JOB DEVELOPMENT/SEARCH, RESUME HELP, INTERVIEW SKILLS, PUBLIC TRANSPORTATION TRAINING, AND SHOPPING ASSISTANCE. AFTER GAINING EMPLOYMENT, ADEC WILL CONTINUE TO SUPPORT THE CLIENT AND EMPLOYER AS THEY TRANSITION AND ADJUST. DEPENDING ON THE INDIVIDUAL'S NEEDS, SUPPORT MAY INCLUDE ADDITIONAL TRAINING, JOB COACHING ON OR OFF SITE,(CONTINUED ON SCHEDULE O)
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt03951032
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt03922523
IRS990/ProgSrvcAccomActy3Grp/Desc0FAMILY SERVICES THERAPIES SUCH AS RECREATIONAL AND MUSIC SERVICES AS WELL AS BEHAVIOR MANAGEMENT. ADEC FAMILY SERVICES OFFERS VALUABLE SERVICES THROUGH THERAPIES AND SUMMER CAMP PROGRAMS. EACH PROGRAM STRIVES TO PROVIDE FAMILIES WITH VITAL SUPPORT THROUGH MEANINGFUL ACTIVITIES FOR THEIR SCHOOL AGED CHILDREN WITH DEVELOPMENTAL DISABILITIES. (CONTINUED ON SCHEDULE O)
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0352783
IRS990/ProgSrvcAccomActy3Grp/GrantAmt090
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0298005
IRS990/ProgSrvcAccomActyOtherGrp/Desc0TRANSPORTATION SERVICES IN ELKHART AND ST. JOSEPH COUNTIES ARE PROVIDED TO ADEC DAY SERVICES CLIENTS WHO LIVE AT HOME AND USE SERVICES AT DAY PROGRAM LOCATIONS. GROUP HOME AND SUPPORTED LIVING STAFF PROVIDE TRANSPORTATION FOR RESIDENTS IN THOSE SERVICES. TRANSPORTATION BRINGS CLIENTS WHO LIVE AT HOME AND WORK DAILY AT ADEC INDUSTRIES IN INTEGRATED COMMUNITY EMPLOYMENT.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0840395
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt0225
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0257758
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02045668
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt04500
IRS990/PYInvestmentIncomeAmt0726303
IRS990/PYOtherExpensesAmt05129217
IRS990/PYOtherRevenueAmt0145090
IRS990/PYProgramServiceRevenueAmt019128695

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$44.2$2.83$41.4$24.0$24.4$0.38
2024Detailed filing. Detailed filing data is available for this year.$41.8$2.08$39.7$23.1$22.5$0.57
2023Detailed filing. Detailed filing data is available for this year.$38.5$2.04$36.5$21.7$20.9$0.84
2022Detailed filing. Detailed filing data is available for this year.$35.7$1.60$34.1$22.0$19.9$2.14
2021Detailed filing. Detailed filing data is available for this year.$36.9$1.21$35.7$22.0$17.8$4.20
2020Detailed filing. Detailed filing data is available for this year.$30.8$3.12$27.7$19.6$18.9$0.75
2019Detailed filing. Detailed filing data is available for this year.$27.5$0.98$26.5$19.9$18.0$1.93
2018Detailed filing. Detailed filing data is available for this year.$25.5$1.51$24.0$19.0$17.5$1.52
2017Detailed filing. Detailed filing data is available for this year.$23.2$1.19$22.0$18.4$16.5$1.84
2016Detailed filing. Detailed filing data is available for this year.$20.9$1.60$19.3$18.4$17.0$1.41
2015Detailed filing. Detailed filing data is available for this year.$19.5$1.38$18.1$17.8$16.4$1.43
2014Detailed filing. Detailed filing data is available for this year.$18.2$1.41$16.8$17.7$17.1$0.65
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.5$2.39$15.1$17.1
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.9$2.70$14.2$17.3
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.5$2.42$14.1$16.4