Liabilities / Assets
53rd percentile
Higher debt load relative to assets than 53% of similar nonprofits.
EIN 42-1114396 • 501(c)3 • Cedar Rapids, IA
Profile
Asac's mission is to provide proven accessible comprehensive substance abuse treatment and prevention services designed to enhance the quality of life for individuals, families, and communities in east central iowa. Our vision is for individuals to live healthy, drug free lives. Asac's services follow the continuum of care beginning with substance abuse prevention and include the various levels of treatment from outpatient, to residential, to aftercare.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
53rd percentile
Higher debt load relative to assets than 53% of similar nonprofits.
Liabilities / Revenue
52nd percentile
Higher debt load relative to revenue than 52% of similar nonprofits.
Net Margin
71st percentile
Higher net margin than 71% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
83rd percentile
Faster asset growth than 83% of similar nonprofits.
Revenue Growth
54th percentile
Faster revenue growth than 54% of similar nonprofits.
Assets
Up$21,642,825
Up $3,567,028 (+20%) from 2024
Liabilities
Up$4,361,638
Up $561,830 (+15%) from 2024
Net Assets
Up$17,281,187
Up $3,005,198 (+21%) from 2024
Revenue
Up$17,815,816
Up $1,035,490 (+6.2%) from 2024
Expenses
Up$14,810,618
Up $2,049,827 (+16%) from 2024
Net Income
Down$3,005,198
Down $1,014,337 (-25%) from 2024
Most recent year
2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
Asac's mission is to provide proven accessible comprehensive substance abuse treatment and prevention services designed to enhance the quality of life for individuals, families, and communities in east central iowa. Our vision is for individuals to live healthy, drug free lives. Asac's services follow the continuum of care beginning with substance abuse prevention and include the various levels of treatment from outpatient, to residential, to aftercare.
To provide accessible, comprehensive behavioral health services delivered with dignity, respect and professionalism to reduce the impact of substance use and gambling disorders.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $5,738,225 | $6,301,695 | ▲ $563,470 |
| Investments in Publicly Traded Securities | $1,284,380 | $4,812,797 | ▲ $3,528,417 |
| Savings and Temporary Cash Investments | $4,484,963 | $3,726,237 | ▼ $758,726 |
| Pledges and Grants Receivable | $2,206,726 | $2,642,865 | ▲ $436,139 |
| Other Notes and Loans Receivable, Net | $1,121,621 | $1,141,232 | ▲ $19,611 |
| Accounts Receivable | $1,295,821 | $1,012,162 | ▼ $283,659 |
| Prepaid Expenses and Deferred Charges | $106,609 | $207,007 | ▲ $100,398 |
| Cash and Non-Interest-Bearing Accounts | $4,500 | $1,375 | ▼ $3,125 |
| Investments Other Securities | $-124,457 | $-124,457 | → $0 |
| Total Assets | $18,075,797 | $21,642,825 | ▲ $3,567,028 |
| Other Assets Total | $1,957,409 | $1,921,912 | ▼ $35,497 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $2,093,605 | $1,974,403 | ▼ $119,202 |
| Accounts Payable and Accrued Expenses | $911,327 | $1,199,500 | ▲ $288,173 |
| Other Liabilities | $794,876 | $1,187,735 | ▲ $392,859 |
| Total Liabilities | $3,799,808 | $4,361,638 | ▲ $561,830 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $13,612,214 | $16,691,777 | ▲ $3,079,563 |
| Net Assets With Donor Restrictions | $663,775 | $589,410 | ▼ $74,365 |
| Total Net Assets Fund Balance | $14,275,989 | $17,281,187 | ▲ $3,005,198 |
| Total Liabilities and Net Assets / Fund Balance | $18,075,797 | $21,642,825 | ▲ $3,567,028 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Leasehold Improvements | $4,496,895 | $3,675,714 | $8,172,609 |
| Buildings | $428,955 | $1,757,232 | $2,186,187 |
| Equipment | $619,091 | $870,541 | $1,489,632 |
| Land | $756,754 | - | $756,754 |
| Other Assets Org | $668,435 | - | - |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2024 | $1,135,217 | - | ▲ $118,260 | - | $1,253,477 |
| 2023 | $1,026,643 | - | ▼ $32,718 | - | $1,135,217 |
| 2022 | $959,120 | $1,026 | ▲ $66,497 | - | $1,026,643 |
| 2021 | $1,112,852 | $8,972 | ▼ $162,704 | - | $959,120 |
| 2020 | $90,675 | $1,000,436 | ▲ $21,741 | - | $1,112,852 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Stephanie Boesenberg | Executive Di | FT | $147,547 | $31,372 | $178,919 |
| Stephanie Boesenberg | Executive Director | - | $147,547 | $31,372 | $178,919 |
| Name | Title |
|---|---|
| Brody Suddendorf | President |
| Ashley Williams Left 2024 | Director |
| Brandon Blakenship | Director |
| Brandy Meisheid | Director |
| Brett Papendick | Director |
| Casey Hansen | Director |
| Darrick Hall | Director |
| Jeff Johnston | Director |
| Jon Zirkelbach Left 2024 | Director |
| Lori Anderson | Director |
| Reginald Ward | Director |
| Sara Bearrows Left 2024 | Director |
| Sue Davison | Director |
| Alaina Elliott-wherry Left 2024 | Secretary |
| Robert Archibald | Secretary |
| Michael Clasen | Treasurer |
| Clifton White | Vice Preside |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Performance Food Service-reinhart | Food Service | 4100 44TH AVE SW, Cedar Rapids, IA 52406 | $168,364 |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $10,732,169 |
| Other Expenses | $4,078,449 |
| Total Fundraising Expense | $103,389 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $7,607,929 | $495,501 | $3,638 | $8,107,068 |
| Other Employee Benefits | $1,525,482 | $209,613 | $9,043 | $1,744,138 |
| Occupancy | $929,011 | $881 | - | $929,892 |
| Payroll Taxes | $521,438 | $71,879 | $6,003 | $599,320 |
| Depreciation Depletion | $387,628 | $155,922 | - | $543,550 |
| Information Technology | $183,483 | $172,078 | $5,547 | $361,108 |
| Fees for Services Other | $249,505 | $56,867 | - | $306,372 |
| Insurance | $181,388 | $14,499 | $294 | $196,181 |
| Current Officers, Directors, Trustees, and Key Employees | $91,298 | $18,260 | $73,038 | $182,596 |
| Travel | $146,325 | $16,409 | $577 | $163,311 |
| Fees for Services Accounting | - | $144,019 | - | $144,019 |
| Advertising | $49,151 | $89,156 | $52 | $138,359 |
| Pension Plan Contributions | $88,466 | $10,581 | - | $99,047 |
| Fees for Services Management | - | $91,419 | - | $91,419 |
| Interest | - | $82,895 | - | $82,895 |
| Office Expenses | $57,045 | $15,028 | - | $72,073 |
| Fees for Services Legal | - | $13,250 | - | $13,250 |
| Other Expenses | $30 | $7,702 | $4,651 | $7,732 |
| Total Functional Expenses | $12,914,897 | $1,792,332 | $103,389 | $14,810,618 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Operating Lease Liability | $737,735 |
| Refundable Advance - Arpa | $450,000 |
“A draft of the form 990 will be distributed to all board members who will be given the opportunity to ask questions and make comments prior to its filing.”
“Before entering into agreements with new vendors, a review is completed to verify that the vendor is not a related party. New staff are provided with a personnel manual which includes the conflict of interest policy. New board members go through an orientation which includes an explanation of the conflict of interest policy.”
“The executive director submits a compensation proposal to the board of directors. The board reviews the proposal and, based on the accomplishments of the executive director, determines the compensation to be awarded to the executive director. The executive director determines the compensation for key employees. These employees are evaluated on a merit scoring system. The overall annual percentage increase is generally consistent with the overall percentage increase awarded to staff.”
“The organization makes its governing documents, conflict of interest policy and financial statements available upon request.”
“Asac prevention delivers evidence-based strategies and community education to address substance misuse, problem gambling, and suicide prevention in seven counties in eastern iowa including linn, jones, benton, jackson, clinton, dubuque, and delaware. Certified prevention specialists implement strategies intended to prevent or reduce therisk of developing a behavioral health problem. Prevention strategies include primary prevention services directed towards youth and adults prior to onset, coalition coordination to strengthen collaboration among various sectors of the community who are all working to prevent substance misuse, problem gambling, and suicide, promotion and intervention to support the entire continuum of behavioral health services, and network services to improve, promote, and expand services across the asac service area. These prevention strategies increase the understanding of substance misuse, problem gambling issues, and suicide and reduce the stigma of receiving support to address these behavioral health concerns. Asac prevention collaborates with community sectors such as school administration, first responders, treatment and recovery services, law enforcement, as well as others, to assess community needs, build capacity to address those needs, plan and implement evidence-based and promising practices related to those needs, and evaluate the practices to ensure sustainability.asac prevention projects are supported by federal, state, county, and local agencies and organizations to ensure exceptional prevention services are available and implemented throughout asacs seven-county catchment area.”
“Asac offers a comprehensive continuum of substance use treatment and problem gambling services, including early intervention, assessments, outpatient therapy, residential treatment, halfway houses, partial hospitalization, care navigation, peer support, and transitional housing. Each program is thoughtfully designed to meet the unique needs of diverse populations, including adolescents, men, women, pregnant women, mothers with children, families, and individuals experiencing homelessness. In fiscal year 2024, asac served more than 3,400 individuals, delivering person-centered care that empowers long-term recovery. We are proud to report a 59% treatment completion rate, exceeding the benchmark set by the iowa department of health and human services. Even more importantly, our impact goes beyond completion: 89% of patients reported an improved overall quality of life after treatmentup from 80% at admissiona powerful testament to the effectiveness and compassion of our care. Asac remains deeply committed to expanding access to care and strengthening recovery pathways for individuals of all ages. By continuing to evolve and adapt our services, we ensure that every person we serve receives the care they need to heal and thrive.”
“Cumulative effect of applying asc 842 0”
“The endowment funds represents amounts held by a community foundation for the organization. The earnings of this fund can be used for operating purposes.”
“Asac is a nonprofit corporation as described in section 501(c)(3) of the internal revenue code and is exempt from federal taxes pursuant to section 501(a) of the code. The corporation is a taxpaying entity and files federal and state income tax returns. The partnerships are not taxpaying entities for federal income tax purposes, and thus no income tax expense has been recorded in the consolidated financial statements. Income from partnerships is taxed to the partners in their individual returns.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/ActivityOrMissionDesc | 0 | TO PROVIDE ACCESSIBLE, COMPREHENSIVE BEHAVIORAL HEALTH SERVICES DELIVERED WITH DIGNITY, RESPECT AND PROFESSIONALISM TO REDUCE THE IMPACT OF SUBSTANCE USE AND GAMBLING DISORDERS. |
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| IRS990/Desc | 0 | ASAC PREVENTION DELIVERS EVIDENCE-BASED STRATEGIES AND COMMUNITY EDUCATION TO ADDRESS SUBSTANCE MISUSE, PROBLEM GAMBLING, AND SUICIDE PREVENTION IN SEVEN COUNTIES IN EASTERN IOWA INCLUDING LINN, JONES, BENTON, JACKSON, CLINTON, DUBUQUE, AND DELAWARE. CERTIFIED PREVENTION SPECIALISTS IMPLEMENT STRATEGIES INTENDED TO PREVENT OR REDUCE THERISK OF DEVELOPING A BEHAVIORAL HEALTH PROBLEM. PREVENTION STRATEGIES INCLUDE PRIMARY PREVENTION SERVICES DIRECTED TOWARDS YOUTH AND ADULTS PRIOR TO ONSET, COALITION COORDINATION TO STRENGTHEN COLLABORATION AMONG VARIOUS SECTORS OF THE COMMUNITY WHO ARE ALL WORKING TO PREVENT SUBSTANCE MISUSE, PROBLEM GAMBLING, AND SUICIDE, PROMOTION AND INTERVENTION TO SUPPORT THE ENTIRE CONTINUUM OF BEHAVIORAL HEALTH SERVICES, AND NETWORK SERVICES TO IMPROVE, PROMOTE, AND EXPAND SERVICES ACROSS THE ASAC SERVICE AREA. THESE PREVENTION STRATEGIES INCREASE THE UNDERSTANDING OF SUBSTANCE MISUSE, PROBLEM GAMBLING ISSUES, AND SUICIDE AND REDUCE THE STIGMA OF RECEIVING SUPPORT TO ADDRESS THESE BEHAVIORAL HEALTH CONCERNS. ASAC PREVENTION COLLABORATES WITH COMMUNITY SECTORS SUCH AS SCHOOL ADMINISTRATION, FIRST RESPONDERS, TREATMENT AND RECOVERY SERVICES, LAW ENFORCEMENT, AS WELL AS OTHERS, TO ASSESS COMMUNITY NEEDS, BUILD CAPACITY TO ADDRESS THOSE NEEDS, PLAN AND IMPLEMENT EVIDENCE-BASED AND PROMISING PRACTICES RELATED TO THOSE NEEDS, AND EVALUATE THE PRACTICES TO ENSURE SUSTAINABILITY.ASAC PREVENTION PROJECTS ARE SUPPORTED BY FEDERAL, STATE, COUNTY, AND LOCAL AGENCIES AND ORGANIZATIONS TO ENSURE EXCEPTIONAL PREVENTION SERVICES ARE AVAILABLE AND IMPLEMENTED THROUGHOUT ASACS SEVEN-COUNTY CATCHMENT AREA. |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | BRETT PAPENDICK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | BRODY SUDDENDORF |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | REGINALD WARD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | CLIFTON WHITE |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | VICE PRESIDE |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | ASAC OFFERS A COMPREHENSIVE CONTINUUM OF SUBSTANCE USE TREATMENT AND PROBLEM GAMBLING SERVICES, INCLUDING EARLY INTERVENTION, ASSESSMENTS, OUTPATIENT THERAPY, RESIDENTIAL TREATMENT, HALFWAY HOUSES, PARTIAL HOSPITALIZATION, CARE NAVIGATION, PEER SUPPORT, AND TRANSITIONAL HOUSING. EACH PROGRAM IS THOUGHTFULLY DESIGNED TO MEET THE UNIQUE NEEDS OF DIVERSE POPULATIONS, INCLUDING ADOLESCENTS, MEN, WOMEN, PREGNANT WOMEN, MOTHERS WITH CHILDREN, FAMILIES, AND INDIVIDUALS EXPERIENCING HOMELESSNESS. IN FISCAL YEAR 2024, ASAC SERVED MORE THAN 3,400 INDIVIDUALS, DELIVERING PERSON-CENTERED CARE THAT EMPOWERS LONG-TERM RECOVERY. WE ARE PROUD TO REPORT A 59% TREATMENT COMPLETION RATE, EXCEEDING THE BENCHMARK SET BY THE IOWA DEPARTMENT OF HEALTH AND HUMAN SERVICES. EVEN MORE IMPORTANTLY, OUR IMPACT GOES BEYOND COMPLETION: 89% OF PATIENTS REPORTED AN IMPROVED OVERALL QUALITY OF LIFE AFTER TREATMENTUP FROM 80% AT ADMISSIONA POWERFUL TESTAMENT TO THE EFFECTIVENESS AND COMPASSION OF OUR CARE. ASAC REMAINS DEEPLY COMMITTED TO EXPANDING ACCESS TO CARE AND STRENGTHENING RECOVERY PATHWAYS FOR INDIVIDUALS OF ALL AGES. BY CONTINUING TO EVOLVE AND ADAPT OUR SERVICES, WE ENSURE THAT EVERY PERSON WE SERVE RECEIVES THE CARE THEY NEED TO HEAL AND THRIVE. |
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| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | OTHER INCOME 193,726 MANAGEMENT FEES 0 |
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