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Ability Building Services Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 460347989 ✦ Yankton, SD ✦ Designated as a 501(c)(3)

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Overview

What is Ability Building Services Inc?

Ability Building Services Inc, located in Yankton, South Dakota, is a dedicated nonprofit organization committed to enhancing the lives of individuals with developmental disabilities. Their mission encompasses providing pre-vocational activities, vocational training, residential training, and various support services. This comprehensive approach aims to foster personal, social, and vocational development, ensuring individuals can lead independent lives. The organization extends its services not only to children under 21 but also to a substantial number of adults. Their follow-along services ensure ongoing support for those living independently. With a team of 166 employees, Ability Building Services Inc is dedicated to improving the quality of life for individuals with developmental disabilities.


Official website here: www.abilitybuildingservices.com

What are the reviews and ratings of this charity?

**Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)**

Ability Building Services Inc has achieved an impressive 96% score from Charity Navigator, indicating a strong performance in accountability and finance. This rating reflects the organization’s commitment to transparency and proper financial management, as evidenced by the absence of asset diversion and a high program expense ratio of over 91%. However, it is important to note that this rating is primarily driven by financial metrics and does not assess the organization’s impact, leadership, or community engagement.

The organization has implemented robust policies such as conflict of interest and whistleblower policies, contributing to its high accountability score. Furthermore, the availability of board meeting minutes and adherence to document retention best practices highlights a strong governance framework. While the financial standing appears solid, stakeholders may want more clarity regarding the organization's effectiveness in achieving its mission.

Unfortunately, user reviews from GreatNonprofits were not available for this organization, limiting insights from those directly engaged with its services. Overall, the high rating from Charity Navigator bolsters confidence in Ability Building Services Inc’s financial accountability, though further exploration into its impact and community involvement would be beneficial to gain a complete picture.


This AI summary has been generated from information found on Charity Navigator.

Is Ability Building Services Inc legitimate?

Ability Building Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ability Building Services Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $190,687
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,117,666

For more financial information, click here


Official website here: www.abilitybuildingservices.com

What is the mission statement of Ability Building Services Inc?

Ability Building Services Inc is committed to providing pre-vocational activities, vocational training, residential training, and various other support and services to individuals with developmental disabilities. The organization's mission is to enhance their personal, social, and vocational development through a systematic program. This includes offering special education services to individuals under the age of 21, with a significant number of adults also benefiting from these services. Furthermore, Ability Building Services Inc provides follow-along services to those living independently, ensuring ongoing support and assistance.


Official website here: www.abilitybuildingservices.com

Who is the CEO of Ability Building Services Inc?

Elizabeth Kathol is the Executive Di of Ability Building Services Inc.


Official website here: www.abilitybuildingservices.com

What is the revenue of Ability Building Services Inc?

Ability Building Services Inc's revenue in 2022 was $8,810,891.


Official website here: www.abilitybuildingservices.com

Who are the executives of Ability Building Services Inc and what are their salaries?

The average compensation at Ability Building Services Inc during 2022 was $31,978. There are 166 employees and 6 volunteers at Ability Building Services Inc.


Here are 8 key members and their salaries:


Elizabeth Kathol (Executive Di)
  • Compensation: $85,506
  • Related: $0
  • Other: $13,726
Patricia Ballensky (Business Man)
  • Compensation: $83,031
  • Related: $0
  • Other: $4,689
Jennifer Adamson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kendra Baily (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Moser (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deb Overseth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Pugh (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lincoln Waltner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.abilitybuildingservices.com

Where can I find the form 990 for Ability Building Services Inc?

Ability Building Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.abilitybuildingservices.com

Learn more at the official website: www.abilitybuildingservices.com

Mission Statement of Ability Building Services Inc

Ability Building Services Inc is devoted to assisting individuals with developmental disabilities. Their primary objective is to enhance their personal, social, and vocational development through a structured program. This nonprofit organization provides pre-vocational activities, vocational training, residential training, and various other support and services. They cater to individuals of all ages, with a significant number of adults also benefitting from their special education services. Furthermore, Ability Building Services Inc continues to offer follow-along services to those living independently, ensuring their continued growth and success.

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Impact




July, 2024

Ability Building Services Inc's impact is profound as it provides pre-vocational activities, vocational training, residential training, and other essential support and services to individuals with developmental disabilities. By engaging in a systematic program focused on enhancing personal, social, and vocational development for this population, the organization plays a vital role in improving the lives of those it serves. Additionally, their provision of special education services to individuals under the age of 21 and adults further demonstrates their commitment to ensuring that individuals with developmental disabilities have access to necessary resources and support for their overall well-being. Through their involvement in follow-along services for individuals living independently, Ability Building Services Inc continues to make a meaningful difference in the community, offering essential human services that promote inclusivity and empowerment for those with developmental disabilities.




This information is meant to be a general summary of Ability Building Services Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$8,810,891 (2022)
Expenses
$8,025,410 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $15,854
  • Program Service Revenue: $7,058,077
  • Gross Receipts: $8,810,891

Assets and Liabilities:

  • Total Assets: $8,664,697
  • Total Liabilities: $4,960,233
  • Net Assets: $3,704,464

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TITLE XIX

Revenue

$6,386,691

ROOM & BOARD

Revenue

$333,655

HUD HOUSING ASSISTANCE

Revenue

$68,283

PRODUCTION REVENUE

Revenue

$56,937

DIVISION OF REHAB SERVICES

Revenue

$53,372

Organization Details

Principal Officer

Elizabeth Kathol

Main Address

909 WEST 23RD STREET, YANKTON, SD, 57078

NTEE Category

Code: P820 - Human services

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