Albuquerque Speech Language & Hearing Ctr
- Assets
- $381.5k
- Revenue
- $879.9k
- Investments
- $0.0
- Employees
- 18
- Location
- Albuquerque, NM
- Founding
- 08/1953
- Data as of
- 06/2023
- EIN
- 85-0137632
Organization Overview
Albuquerque Speech Language & Hearing Ctr is located in Albuquerque, NM. The organization was established in 1953. As of 06/2023, Albuquerque Speech Language & Hearing Ctr employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Albuquerque Speech Language & Hearing Ctr 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, Albuquerque Speech Language & Hearing Ctr generated $879.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $1.0m during the year ending 06/2023. While expenses have increased by 6.1% per year over the past 4 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
PERFORM SPEECH, LANGUAGE AND HEARING TESTING, EVALUATIONS, HEARING AID SALES AND REPAIR, AND REHABILITATION THERAPY ACCESSIBLE AND AFFORDABLE TO ALL PERSONS WITH COMMUNICATION DISORDERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FROM JULY 2022 TO JUNE 2023 ASLHC TESTED AND TREATED OVER 1,000 PATIENTS AT THE CENTER. WE ALSO PROVIDED CHILDREN WITH FREE SPEECH AND HEARING SCREENINGS AT LOCAL PRESCHOOLS AND DAYCARES. WE ARE PLEASED TO SAY WE PROVIDED APPROXIMATELY 3,000 SPEECH THERAPY SESSIONS AND OVER 100 FULL SPEECH/LANGUAGE EVALUATIONS TO PERSONS WITH COMMUNICATIONS DISORDERS. ASLHC DISPENSED HEARING AIDS TO INDIVIDUALS IN OUR COMMUNITY LIVING WITH HEARING LOSS. MANY OF THOSE HEARING AIDS WERE PROVIDED THROUGH OUR HEARING AID BANK. THE FUNDS THAT MADE THE HEARING AID BANK POSSIBLE CAME FROM OUR ANNUAL FUNDRAISER AND UNITED WAY. THE AUDIOLOGISTS AND SPEECH LANGUAGE PATHOLOGISTS OF ASLHC SPENT ADDITIONAL HOURS SPEAKING WITH INDIVIDUALS ON THE DETECTION, PREVENTION AND TREATING OF COMMUNICATION DISORDERS AND/OR HEARING LOSS BY ATTENDING AND PRESENTING INFORMATION AT LIONS CLUB MEETINGS, ADULT AND FAMILY HEALTH FAIRS, AND SENIOR CENTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barry Abel Past President | Trustee | 1 | $0 |
Francine Binnert Member | Trustee | 1 | $0 |
Lara Mcguigan Secretary | OfficerTrustee | 1 | $0 |
Bonita Ortiz Member | OfficerTrustee | 1 | $0 |
Amber C Baker President | OfficerTrustee | 1 | $0 |
Kathleen A Myers Vice President | OfficerTrustee | 1 | $0 |
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 | $58,323 |
| Noncash contributions included in lines 1a–1f | $4,003 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,323 |
| Total Program Service Revenue | $367,753 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $441,155 |
| Net Income from Fundraising Events | $7,405 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $879,900 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $703,849 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $20,461 |
| Payroll taxes | $54,071 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30,192 |
| Advertising and promotion | $7,406 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $103,245 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $369 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,811 |
| Insurance | $11,244 |
| All other expenses | $14,437 |
| Total functional expenses | $1,028,632 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $136,268 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $23,000 |
| Accounts receivable, net | $164,857 |
| 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 | $16,374 |
| Net Land, buildings, and equipment | $40,973 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $381,472 |
| Accounts payable and accrued expenses | $46,196 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $147,000 |
| Other liabilities | $0 |
| Total liabilities | $193,196 |
| Net assets without donor restrictions | $165,276 |
| Net assets with donor restrictions | $23,000 |
| 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 | $381,472 |