ABILITIES CENTER OF SOUTHERN NJ INC

EIN: 221730510 501(c)(3) Employment

WESTVILLE, NJ

Total Revenue
$7,523,196
Total Expenses
$6,973,194
Total Assets
$11,227,885
Net Assets
$10,818,294
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1963
Legal Domicile
NJ
Principal Officer
JEFFREY SHISLER
Phone
9086891118
Tax Period
2023-07-01 to 2024-06-30

ABILITIES CENTER OF SOUTHERN NJ INC, founded in 1963, is a community nonprofit in the Employment sector that reported $7.5M in total revenue in fiscal year 2023. Revenue surged 130% from the prior year, signaling strong growth momentum. Expenses of $7.0M left a modest 7% surplus.

Mission

ABILITIES SOLUTIONS IS A 501(C)(3), INCORPORATED IN 1963 IN NEW JERSEY TO PROVIDE EMPLOYMENT OPPORTUNITIES FOR INDIVIDUALS WITH DISABILITIES AND OTHER BARRIERS TO FULL PARTICIPATION IN THE WORKFORCE. WE ACHIEVE OUR GOALS BY PARTNERING WITH EMPLOYERS THROUGHOUT SOUTH JERSEY, AND BY OFFERING EMPLOYEES WHO ARE TRAINED, MENTORED AND MOTIVATED TO SUCCEED. WE PRIDE OURSELVES ON OUR COMMITMENT TO QUALITY AND INDIVIDUALIZED SERVICE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,606,612
Program Service Revenue $2,780,881
Investment Income $108,672
Other Revenue $27,031
TOTAL REVENUE $7,523,196

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,097,095
Fundraising Expenses $0
Program Expenses $5,713,378
Other Expenses $2,876,099
TOTAL EXPENSES $6,973,194

Year-over-Year Comparison

2023 2022 Change
Revenue $7,523,196 $3,271,887 +1.3%
Expenses $6,973,194 $3,137,421 +1.2%
Net Income $550,002 $134,466 +3.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
13
Independent Members
12
Employees
269
Volunteers
13

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$447,092
Total Directors
13
$438,288
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JACK SHEPPARD JR BOARD CHAIR 0.50
Officer Director
$0 $0 $0
RICH HUBLER VICE CHAIR 0.50
Officer Director
$0 $0 $0
STEPHANIE BERRIDGE ED D SECRETARY/TREASURER 0.50
Director
$0 $0 $0
JACK HERITAGE PAST CHAIR 0.50
Director
$0 $0 $0
JULIE DELAURENTIS TRUSTEE 0.50
Director
$0 $0 $0
LISA FOLKS TRUSTEE 0.50
Director
$0 $0 $0
MICHAEL HAGGERTY TRUSTEE 0.50
Director
$0 $29,476 $438,288
WAYNE LOVE TRUSTEE 0.50
Director
$0 $0 $0
LOUIS MANZO TRUSTEE 0.50
Director
$0 $0 $0
ANDY RUHLAND TRUSTEE 0.50
Director
$0 $0 $0
MARK SEIGEL TRUSTEE 0.50
Director
$0 $0 $0
PAUL SIERACKI TRUSTEE 0.50
Director
$0 $0 $0
ROBIN WEINSTEIN TRUSTEE 0.50
Director
$0 $0 $0
JEFFREY SHISLER PRESIDENT & CEO BEG. 9/1/23 40.00
Officer
$65,637 $4,793 $70,430
LORRIE COVOLESKY VICE PRESIDENT 40.00
Officer
$107,011 $6,910 $113,921
KATHRYN LAKUTIS DIRECTOR OF FINANCE AND ADMIN 40.00
Officer
$80,300 $8,699 $88,999
SUSAN PERRON PRESDIENT & CEO THROUGH 9/1/23 40.00
Officer
$164,527 $9,215 $173,742
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $7,523,196 $6,973,194 $11,227,885 $550,002
2023 $3,271,887 $3,137,421 $7,544,948 $134,466
2022 $5,888,744 $5,682,744 $7,352,179 $206,000
2021 $6,867,830 $5,414,339 $7,128,152 $1,453,491
2020 $5,740,162 $4,686,496 $5,593,858 $1,053,666
2019 $6,895,316 $6,603,401 $5,245,352 $291,915
2019 $6,883,011 $6,594,929 $5,245,352 $288,082
2018 $6,557,973 $6,311,500 $4,628,092 $246,473
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