Mid-Step Services Inc
- Assets
- $23.7m
- Revenue
- $28.4m
- Investments
- $0.0
- Employees
- 702
- Location
- Sioux City, IA
- Founding
- 04/1980
- Data as of
- 06/2023
- EIN
- 42-1086647
Organization Overview
Mid-Step Services Inc is located in Sioux City, IA. The organization was established in 1980. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. As of 06/2023, Mid-Step Services Inc employed 702 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mid-Step Services 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 06/2023, Mid-Step Services Inc generated $28.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $26.9m during the year ending 06/2023. While expenses have increased by 4.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
MID-STEP SERVICES PROVIDES RESIDENTIAL, VOCATIONAL, EDUCATION, AN DRECREATIONAL SERVICES TO PEOPLE WITH MENTAL DISABILITIES IN A CARING SUPPORTIVE ENVIRONMENT WHERE EACH INDIVIDUAL IS ENCOURAGED TO REACH HIS OR HER HIGHEST POTENTIAL. WE ALSO PROVIDE IN-HOME SERVICES TO MEDICAID ELIGIBLE INDIVIDUALS WITH MENTAL DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED RESIDENTIAL, VOCATIONAL, ENVIRONMENTAL, AND RECREATIONAL SERVICES TO PEOPLE WITH MENTAL DISABILITIES IN A CARING ENVIRONMENT WHERE EACH PERSON IS ENCOURAGED TO REACH HIS OR HER HIGHEST POTENTIAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chad Vortherms Board Treasurer | OfficerTrustee | 1 | $0 |
Tyler Hawkins Vice President Of Board | OfficerTrustee | 1 | $0 |
Cody Selig Secretary | OfficerTrustee | 1 | $0 |
Pat Curry Board President | OfficerTrustee | 1 | $0 |
Angel George Director | OfficerTrustee | 1 | $0 |
Matt Chilton Director | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $529,740 |
| All other contributions, gifts, grants, and similar amounts not included above | $181,950 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $711,690 |
| Total Program Service Revenue | $27,517,224 |
| Investment income | $72,917 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,574 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $28,428,237 |
| 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. | $452,068 |
| Compensation of current officers, directors, key employees. | $452,068 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $16,988,107 |
| Pension plan accruals and contributions | $199,647 |
| Other employee benefits | $2,470,425 |
| Payroll taxes | $1,332,315 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $899 |
| Fees for services: Accounting | $81,627 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,004,293 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $668,634 |
| Travel | $245,120 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $233,876 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $559,718 |
| Insurance | $175,100 |
| All other expenses | $0 |
| Total functional expenses | $26,920,865 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,555,807 |
| Savings and temporary cash investments | $3,511,561 |
| Pledges and grants receivable | $20,259 |
| Accounts receivable, net | $2,569,734 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $97,676 |
| Prepaid expenses and deferred charges | $65,214 |
| Net Land, buildings, and equipment | $7,943,418 |
| Investments—publicly traded securities | $834,050 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $119,011 |
| Total assets | $23,716,730 |
| Accounts payable and accrued expenses | $2,095,474 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $119,011 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $4,041,274 |
| Unsecured mortgages and notes payable | $252,925 |
| Other liabilities | $161,499 |
| Total liabilities | $6,670,183 |
| Net assets without donor restrictions | $16,508,474 |
| Net assets with donor restrictions | $538,073 |
| 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 | $23,716,730 |