Possabilities Of Southern Minnesota Inc
- Assets
- $3.4m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 187
- Location
- Rochester, MN
- Founding
- 08/1967
- Data as of
- 12/2021
- EIN
- 41-0853397
Organization Overview
Possabilities Of Southern Minnesota Inc is located in Rochester, MN. The organization was established in 1967. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 12/2021, Possabilities Of Southern Minnesota Inc employed 187 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Possabilities Of Southern Minnesota Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Possabilities Of Southern Minnesota Inc generated $4.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.8%) each year. All expenses for the organization totaled $3.5m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (13.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TRAINING AND DAY SERVICES FOR INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES.
Describe the Organization's Program Activity:
DAY TRAINING AND HABILITATION SERVICES: WE PROVIDE EMPLOYMENT SUPPORT AND LIFE ENRICHMENT DAY SERVICES FOR APPROXIMATELY 137 PEOPLE WITH DEVELOPMENTAL DISABILITIES RANGING IN AGE FROM 21 YEARS THROUGH RETIREMENT. 65 PEOPLE WERE SERVED IN EMPLOYMENT SERVICES, INCLUDING EMPLOYMENT SUPPORT. THERE IS IN-CENTER WORK AS WELL AS COMMUNITY-BASED CREW WORK AND SUPPORT FOR COMPETITIVELY EMPLOYED INDIVIDUALS IN THE COMMUNITY. WORK OPPORTUNITIES ARE BASED ON THE INDIVIDUAL'S PREFERENCES AND ABILITIES. 72 ADULTS WITH MORE SERIOUS COGNITIVE, DEVELOPMENTAL, AND PHYSICAL CHALLENGES ENJOY DAY RECREATIONAL AND LEISURE ACTIVITIES INCLUDING COMMUNITY OUTINGS, ARTS AND CRAFTS, AND VOLUNTEERING. ACTIVITIES ARE BASED ON THE PERSON'S INTERESTS AND EVERY EFFORT IS MADE FOR COMMUNITY INTEGRATED ACTIVITIES. DAY SERVICES INCLUDE PERSONAL CARE ALONG WITH TRANSPORTATION OF A PARTICIPANT FROM HOME TO POSSABILITIES AND HOME AGAIN.
PERSONAL SUPPORT: PERSONAL SUPPORT AND RESPITE IS A LICENSED SERVICE THAT ALLOWS FAMILIES TO DIRECT THE CARE OF THEIR LOVED ONES THEMSELVES IN THE HOME SETTING. POSSABILITIES PROVIDES SUPPORT IN THE HIRING PROCESS, TRAINING STAFF, AND PAYROLL FUNCTIONS. 84 FAMILES ARE SERVED.
OTHER PROGRAM SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Mackert Executive Director | Officer | 40 | $108,411 |
Peggy O'toole-Martin President | OfficerTrustee | 2 | $0 |
Chad Horkey Treasurer | OfficerTrustee | 2 | $0 |
Catherine Swanson Davis President Elect | OfficerTrustee | 2 | $0 |
Misun Bormann Secretary | OfficerTrustee | 2 | $0 |
Kathy Lessard Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $783,433 |
| All other contributions, gifts, grants, and similar amounts not included above | $200,788 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $984,221 |
| Total Program Service Revenue | $3,105,559 |
| Investment income | $2,200 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$10,448 |
| Net Gain/Loss on Asset Sales | -$84,075 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,000,299 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $108,411 |
| Compensation of current officers, directors, key employees. | $108,411 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,316,195 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $181,361 |
| Payroll taxes | $290,586 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,438 |
| Office expenses | $51,123 |
| Information technology | $99,092 |
| Royalties | $0 |
| Occupancy | $63,225 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $41,955 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $179,484 |
| Insurance | $30,319 |
| All other expenses | $0 |
| Total functional expenses | $3,525,940 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $353,857 |
| Savings and temporary cash investments | $908,743 |
| Pledges and grants receivable | $131,600 |
| Accounts receivable, net | $278,984 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $74,514 |
| Net Land, buildings, and equipment | $1,691,998 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,439,696 |
| Accounts payable and accrued expenses | $149,613 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $939,421 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,089,034 |
| Net assets without donor restrictions | $2,023,486 |
| Net assets with donor restrictions | $327,176 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,439,696 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Possabilities Of Southern Minnesota Inc has recieved totaling $118,943.
| Awarding Organization | Amount |
|---|---|
Mayo Clinic Rochester, MN PURPOSE: SUPPORT CHARITABLE PURPOSE | $100,000 |
Rochester Area Foundation Rochester, MN PURPOSE: PROGRAM SUPPORT | $13,850 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $5,050 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $43 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Living Services Incorporated Fargo, ND | $19,445,426 | $22,252,466 |
New Hope Village Carroll, IA | $16,084,175 | $19,892,744 |
Touchstone Mental Health Minneapolis, MN | $8,476,042 | $15,823,650 |
Link Associates West Des Moines, IA | $2,870,425 | $15,095,571 |
Hope Haven Area Development Center Corporation Burlington, IA | $12,948,904 | $15,411,343 |
Dakotabilities Sioux Falls, SD | $18,394,244 | $13,416,769 |
Able Incorporated Dickinson, ND | $27,235,184 | $16,593,018 |
Human Service Agency Watertown, SD | $13,335,518 | $13,761,129 |
Childserve Homes Inc Johnston, IA | $5,469,975 | $12,698,370 |
Harry Meyering Center Inc Mankato, MN | $16,984,389 | $13,887,257 |
Lifequest Mitchell, SD | $5,936,493 | $14,949,946 |
Opportunity Foundation Inc Williston, ND | $8,430,927 | $12,852,089 |