Adec INC FY2022 filing

Tax-deductible

Bristol, IN501(c)(3)Since 1952Human ServicesEIN 35-1060633Revenue $22.0M in FY2022

On file with the IRSadecinc.com1671 W Vistula St, 46507-8793 · Bristol, INTax-exempt since Jun 1953Publicly supported — 509(a)(2)

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

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
$496K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $1.5M a year · 7% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$496K
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.7 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $8K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.6M
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$22.0M
+0.1% vs prior year
Spent
$19.9M
To programs
86%
Net assets
$34.1M
By yearFY2021–FY2025
Revenue
$22.0M
FY2022+0.1%
Tap a bar for its year
Revenue by fiscal year
FY2021$22.0M
FY2022$22.0M
FY2023$21.7M
FY2024$23.1M
FY2025$24.0M
Expenses
$19.9M
FY2022▲ +12%
Tap a bar for its year
Expenses by fiscal year
FY2021$17.8M
FY2022$19.9M
FY2023$20.9M
FY2024$22.5M
FY2025$24.4M
Net assets
$34.1M
FY2022▼ -4%
Tap a bar for its year
Net assets by fiscal year
FY2021$35.7M
FY2022$34.1M
FY2023$36.5M
FY2024$39.7M
FY2025$41.4M

From the FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1953.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $17.2M Management & general 13% · $2.7M Fundraising 0% · $35K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

14 people listed on the 990; $496K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
President/CEO
$180,843Pt VII · Sec A
VP Human Resources
$108,390Pt VII · Sec A
VP Operations/Cpo
$104,630Pt VII · Sec A
VP Finance/CFO
$101,783Pt VII · Sec A
Board Member/Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member/Treasurer
$0Pt VII · Sec A

Chris Kingsley’s $186K as President/CEO is at the 37th percentile of top reported officer pay among 3122 $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

NameFY2025FY2024FY2023FY2022FY2021
Donna L Belusar——$195,219$180,843$183,172
Chris Kingsley$185,612$164,018———
Michelle McGuin$123,648$120,512$110,336$104,630—
Lisa Kendall$117,214$113,467$111,743$108,390—
Tim Donlin$114,153————
Timothy Donlin—$109,907$107,532$101,783$7,408
Stacy Reploge—$106,458———
Mitch Walorski————$104,336

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Advocates for and serves people with developmental and intellectual disabilities.

Provided by the organization

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3 programs · $16.4M · in their own filed words · FY2021
01

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.

$11.9Mprogram expense
02

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.

$4.0Mprogram expense
03

Family 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…

$468Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$8K
Grants paid · 1 grant · $10K · 2020–2020
The Arc of Indiana INCIN · FY2020$10,000

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$22.0M
Ln 12
Fees for servicesLn 2g$19.1M
Gifts and grantsLn 1h$2.0M
Investment incomeLn 3$726K
Money outPt IX
$19.9M
Ln 25
Programscol B$17.2M
Managementcol C$2.7M
Fundraisingcol D$35K
Owns and owesPt X
$34.1M
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$35.7M
LiabilitiesLn 26$1.6M
PeoplePt VI, VII
14
listed · VII A
PaidVII A4
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.0M
Government grantsLn 1e$1.1M
Noncash giftsLn 1g$19K
Fees for servicesLn 2g$19.1M
Investment incomeLn 3$726K
Other incomeLn 4–11$145K
Gains on assetsLn 7−$4K
Total revenueLn 12$22.0M
Assets in detailPt X, end of year
CashLn 1$288K
SavingsLn 2$836K
Cash and savings togetherLn 1–2$1.1M
InvestmentsLn 11–13$25.3M
Land, buildings, equipmentLn 10c$7.3M
Other assetsLn 15$475K
Total assetsLn 16$35.7M
LiabilitiesLn 26$1.6M
Net assetsLn 32$34.1M
OperationsPt I, VI
EmployeesI 5548
VolunteersI 611
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$728K$1.1M
InvestmentsLn 11–13$28.1M$25.3M
Land, buildings, equipmentLn 10c$6.2M$7.3M
Total assetsLn 16$36.9M$35.7M
LiabilitiesLn 26$1.2M$1.6M
Net assetsLn 32$35.7M$34.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$4K$4K
Pay of current officers, directors and key staffLn 5$488K$488K
Other salaries and wagesLn 7$12.1M$10.9M$1.2M$8K
Pension plan contributionsLn 8$124K$98K$27K$100
Other employee benefitsLn 9$1.1M$978K$153K$393
Payroll taxesLn 10$913K$835K$78K$575
Legal feesLn 11b$6K$6K
Accounting feesLn 11c$98K$42K$56K
Investment management feesLn 11f$136K$136K
Other fees for servicesLn 11g$317K$294K$23K$0
Office expensesLn 13$863K$775K$87K$1K
Information technologyLn 14$337K$270K$67K$47
OccupancyLn 16$1.1M$960K$99K
TravelLn 17$418K$403K$15K
Conferences, conventions and meetingsLn 19$2K$0$2K
InterestLn 20$88$0$88
Depreciation, depletion and amortizationLn 22$705K$587K$118K
InsuranceLn 23$237K$192K$45K
Other expenses (24a–d)Ln 24$917K$809K$83K$26K
All other expensesLn 24e$35K$29K$6K$0
Total functional expensesLn 25$19.9M$17.2M$2.7M$35K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $24.0M$24.4M−$377K$41.4M 990 PDF
FY2024 $23.1M$22.5M$569K$39.7M 990 PDF
FY2023 $21.7M$20.9M$838K$36.5M 990 PDF
FY2022 Viewing $22.0M$19.9M$2.1M$34.1M 990 PDF
FY2021 $22.0M$17.8M$4.2M$35.7M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $22,045,756 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $4,124,122$2,045,668
I-9 Program service revenuePrior year $17,161,630$19,128,695
I-10 Investment incomePrior year $591,117$726,303
I-11 Other revenuePrior year $141,254$145,090
I-12 Total revenuePrior year $22,018,123$22,045,756
I-13 Grants and similar amounts paidPrior year $10,000$4,500
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $13,251,203$14,776,089
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $4,554,161$5,129,217
I-18 Total expensesPrior year $17,815,364$19,909,806
I-19 Revenue less expensesPrior year $4,202,759$2,135,950
Part VI · Governance 9 of 9 board members independent, no flags
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $22,045,756 across 10 lines filed
Lines not itemized here account for $139,944 of total revenue; see the IRS return.
VIII-1a Federated campaigns$38,000
VIII-1e Government grants$1,136,210
VIII-1f All other contributions, gifts and grants$871,458
VIII-1g Noncash contributions (included above)$18,525
VIII-1h Total contributions, gifts and grants$2,045,668
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $19,128,695$19,128,695
VIII-3 Investment incomeExcluded from tax $730,163$730,163
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$3,860−$3,860
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $5,146$5,146
VIII-12 Total revenueRelated to mission $19,273,785 · Unrelated business $0 · Excluded from tax $726,303$22,045,756
Part IX · Statement of functional expenses $19,909,806 across 20 lines filed
IX-1 Grants to domestic organizationsPrograms $4,500$4,500
IX-5 Pay of current officers, directors and key staffManagement $488,171$488,171
IX-7 Other salaries and wagesPrograms $10,919,881 · Management $1,190,696 · Fundraising $7,517$12,118,094
IX-8 Pension plan contributionsPrograms $97,833 · Management $26,510 · Fundraising $100$124,443
IX-9 Other employee benefitsPrograms $978,169 · Management $153,431 · Fundraising $393$1,131,993
IX-10 Payroll taxesPrograms $834,539 · Management $78,274 · Fundraising $575$913,388
IX-11b Legal feesManagement $5,941$5,941
IX-11c Accounting feesPrograms $41,534 · Management $56,370$97,904
IX-11f Investment management feesManagement $136,150$136,150
IX-11g Other fees for servicesPrograms $293,908 · Management $23,209 · Fundraising $0$317,117
IX-13 Office expensesPrograms $775,083 · Management $86,889 · Fundraising $1,017$862,989
IX-14 Information technologyPrograms $269,510 · Management $67,218 · Fundraising $47$336,775
IX-16 OccupancyPrograms $959,747 · Management $99,211$1,058,958
IX-17 TravelPrograms $402,874 · Management $14,681$417,555
IX-19 Conferences, conventions and meetingsPrograms $0 · Management $1,567$1,567
IX-20 InterestPrograms $0 · Management $88$88
IX-22 Depreciation, depletion and amortizationPrograms $586,983 · Management $118,458$705,441
IX-23 InsurancePrograms $191,827 · Management $44,955$236,782
IX-24 Other expenses (24a–d)Programs $808,771 · Management $82,964 · Fundraising $25,505$917,240
IX-24e All other expensesPrograms $28,723 · Management $5,987 · Fundraising $0$34,710
IX-25 Total functional expensesPrograms $17,193,882 · Management $2,680,770 · Fundraising $35,154$19,909,806
Part X · Balance sheet $35,707,130 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $273,353$288,427
X-2 Savings and temporary cash investmentsStart of year $454,655$835,893
X-4 Accounts receivableStart of year $1,538,488$1,268,903
X-8 Inventories for sale or useStart of year $105,872$104,794
X-9 Prepaid expenses and deferred chargesStart of year $162,409$105,459
X-10c Land, buildings and equipment, netStart of year $6,209,472$7,313,119
X-11 Publicly traded securitiesStart of year $28,115,487$25,315,386
X-15 Other assetsStart of year $9,347$475,149
X-16 Total assetsStart of year $36,869,083$35,707,130
X-17 Accounts payable and accrued expensesStart of year $1,156,353$1,094,423
X-19 Deferred revenueStart of year $23,865$24,162
X-25 Other liabilitiesStart of year $29,755$480,063
X-26 Total liabilitiesStart of year $1,209,973$1,598,648
X-27 Net assets without donor restrictionsStart of year $33,665,574$31,944,070
X-28 Net assets with donor restrictionsStart of year $1,993,536$2,164,412
X-32 Total net assets or fund balancesStart of year $35,659,110$34,108,482
X-33 Total liabilities and net assetsStart of year $36,869,083$35,707,130
Part XI · Reconciliation of net assets $34,108,482 net assets at year end
XI-1 Total revenue$22,045,756
XI-2 Total expenses$19,909,806
XI-3 Revenue less expenses$2,135,950
XI-4 Net assets at start of year$35,659,110
XI-5 Net unrealized gains (losses) on investments−$3,686,578
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$34,108,482

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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