Professional Contract Services Inc
- Assets
- $167.7m
- Revenue
- $166.5m
- Investments
- $21.8m
- Employees
- 2,144
- Location
- Austin, TX
- Founding
- 05/1997
- Data as of
- 06/2023
- EIN
- 74-2786094
Organization Overview
Professional Contract Services Inc is located in Austin, TX. The organization was established in 1997. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 06/2023, Professional Contract Services Inc employed 2,144 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Professional Contract 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, Professional Contract Services Inc generated $166.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $159.8m during the year ending 06/2023. While expenses have increased by 4.1% 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.
Since 2014, Professional Contract Services Inc has awarded 229 individual grants totaling $4,696,050. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ENHANCE THE LIVES OF PEOPLE WITH DISABILITIES THROUGH EMPLOYMENT, ADVOCACY, AND PARTNERSHIPS.
Describe the Organization's Program Activity:
THE ORGANIZATION CONTRACTS WITH STATE AND FEDERAL AGENCIES THROUGH SOURCEAMERICA AND TIBH INDUSTRIES, INC. THE INCOME AND JOBS FROM THESE SOURCES ARE THEN USED TO PROVIDE TRAINING, EDUCATION AND EMPLOYMENT OPPORTUNITIES TO DISABLED INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cucolo III Anthony A President And CEO | OfficerTrustee | 40 | $534,674 |
Hill James Tom Board Of Director | Trustee | 1 | $32,625 |
Oveland Greg A Board Of Director | Trustee | 1 | $22,500 |
Thomas Alicia Hill Board Of Director | Trustee | 1 | $25,500 |
Lusk Craig Board Of Director | Trustee | 1 | $22,875 |
Schubert Carroll W Board Of Director | Trustee | 1 | $31,875 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Vetpride Services Inc Facility Maintenance & Food Service | 6/29/23 | $6,816,491 |
Comfort Solutions Facility Maintenance | 6/29/23 | $3,389,205 |
Work Services Corporation Grounds Maintenance | 6/29/23 | $2,343,513 |
Johnson Controls Inc Hvac And Controls | 6/29/23 | $1,435,475 |
Power Washing Extreme Inc Vegetation Removal | 6/29/23 | $1,073,845 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $164,975,480 |
| Investment income | $1,891,730 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$492,217 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $166,453,030 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $586,436 |
| Grants and other assistance to domestic individuals. | $111,883 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,032,850 |
| Compensation of current officers, directors, key employees. | $579,116 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $72,702,357 |
| Pension plan accruals and contributions | $3,132,775 |
| Other employee benefits | $17,628,525 |
| Payroll taxes | $5,822,743 |
| Fees for services: Management | $515,067 |
| Fees for services: Legal | $181,715 |
| Fees for services: Accounting | $134,621 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $405,299 |
| Fees for services: Other | $33,174,226 |
| Advertising and promotion | $183,925 |
| Office expenses | $564,320 |
| Information technology | $166,890 |
| Royalties | $0 |
| Occupancy | $670,129 |
| Travel | $1,494,561 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $530,851 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,817,564 |
| Insurance | $2,539,079 |
| All other expenses | $563,759 |
| Total functional expenses | $159,811,317 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,216,557 |
| Savings and temporary cash investments | $8,922,240 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $32,211,945 |
| 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 | $1,997,636 |
| Net Land, buildings, and equipment | $22,710,991 |
| Investments—publicly traded securities | $71,548,644 |
| Investments—other securities | $21,794,917 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $310,711 |
| Total assets | $167,713,641 |
| Accounts payable and accrued expenses | $16,415,232 |
| 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 | $15,689,316 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,181,845 |
| Total liabilities | $33,286,393 |
| Net assets without donor restrictions | $134,427,248 |
| Net assets with donor restrictions | $0 |
| 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 | $167,713,641 |
Grants Awarded
Over the last fiscal year, Professional Contract Services Inc has awarded $534,000 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
CARPENTER'S SHELTER INC PURPOSE: TO END HOMELESSNESS THROUGH SERVICES, EDUCATION AND ADVOCACY | $10,000 |
CAMP CHILDREN'S ASSOCIATION FOR MAXIMUM POTENTIAL PURPOSE: SUPPORT CHILDREN WITH THE DISABILITIES AND THEIR FAMILIES | $95,000 |
DOWN HOME RANCH INC PURPOSE: SUPPORT TEENAGERS AND ADULTS WITH SPECIAL NEEDS | $40,000 |
HOPE HOUSE PURPOSE: PROVIDE A LONG-TERM CARE DISABLED PEOPLE | $20,000 |
HOUSTON SW VETERANS CENTER PURPOSE: STEP QUALIFIED MARRIAGE AND FAMILY THERAPIST & STEP QUALIFIED MILITARY SEXUAL TRAUMA SPECIALIST | $20,000 |
MARBRIDGE FOUNDATION PURPOSE: SUPPORT STUDENTS WITH SPECIAL NEEDS | $7,500 |