Adec INC FY2021 filing
Advocates for and serves people with developmental and intellectual disabilities. For fiscal year 2021 it reported $22.0M in revenue, $17.8M in expenses, and $35.7M in net assets.Pt I
- Founded
- 1952
- Type
- Public charity (501(c)(3)) · Human Services
- Location
- Bristol, IN
- Website
- www.adecinc.com
- Filings
- 5 on file (2021–2021)
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Summary of the Filing
Where the work happens
Residential 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.
Adult 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.
Family services therapies such as recreational and music services as well as behavior management. Adec family services offers valuable services through extended day and summer camp programs.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Chris Kingsley’s $186K as President/CEO is at the 37th percentile of top reported officer pay among 3123 $10–100M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Donna L Belusar | — | — | $195,219 | $180,843 | $183,172 |
| Chris Kingsley | $185,612 | — | — | — | — |
| Chris Kingsley | — | $164,018 | — | — | — |
| Michelle McGuin | $123,648 | — | — | — | — |
| Michelle McGuin | — | $120,512 | $110,336 | $104,630 | — |
| Lisa Kendall | $117,214 | — | — | — | — |
| Tim Donlin | $114,153 | — | — | — | — |
| Lisa Kendall | — | $113,467 | $111,743 | $108,390 | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 86% | — | — |
| Overhead ratio | 14% | — | — |
| Fundraising cost ratio | 0.6% | — | — |
| Investment management fee ratio | 0.3% | — | — |
| Legal fee ratio | 0.1% | — | — |
| Accounting fee ratio | 0.5% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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