STONE BELT ARC INC

EIN: 351059827 501(c)(3) Human Services

BLOOMINGTON, IN

Total Revenue
$23,818,078
Total Expenses
$24,529,261
Total Assets
$12,052,972
Net Assets
$9,634,174
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1959
Legal Domicile
IN
Principal Officer
ELIZABETH DEWEES
Phone
8123322168
Tax Period
2024-07-01 to 2025-06-30

STONE BELT ARC INC, founded in 1959, is a mid-sized nonprofit in the Human Services sector that reported $23.8M in total revenue in fiscal year 2024.

Mission

STONE BELT BELIEVES IN THE UNIQUENESS, WORTH AND RIGHT TO SELF-DETERMINATION OF EVERY INDIVIDUAL. THEREFORE, IT IS OUR MISSION, IN PARTNERSHIP WITH THE COMMUNITY, TO PREPARE, EMPOWER, AND SUPPORT PEOPLE WITH DEVELOPMENTAL DISABILITIES AND THEIR FAMILIES TO PARTICIPATE FULLY IN THE LIFE OF THE COMMUNITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,407,410
Program Service Revenue $21,456,070
Investment Income $225,370
Other Revenue $729,228
TOTAL REVENUE $23,818,078

Expense Breakdown

Grants Paid $0
Salaries & Benefits $19,899,040
Fundraising Expenses $209,739
Program Expenses $21,226,419
Other Expenses $4,630,221
TOTAL EXPENSES $24,529,261

Year-over-Year Comparison

2024 2023 Change
Revenue $23,818,078 $24,160,308 0.0%
Expenses $24,529,261 $24,233,353 +0.0%
Net Income $-711,183 $-73,045 +8.7%
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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Governance

Voting Members
19
Independent Members
19
Employees
792
Volunteers
120

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
7
$309,220
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROL-ANNE HOSSLER PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
KIMBERLY HURLEY PRESIDENT 2.00
Officer Director
$0 $0 $0
MIKE HORVATH VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JASON MCAULEY TREASURER 1.00
Officer Director
$0 $0 $0
KATHERYN MCQUEEN SECRETARY 0.50
Officer Director
$0 $0 $0
AMY CORNELL MEMBER PARTIAL TERM 0.50
Director
$0 $0 $0
LORI GARRAGHTY MEMBER 0.25
Director
$0 $0 $0
DAN LODGE-RIGAL MEMBER PARTIAL TERM 1.00
Director
$0 $0 $0
THOMAS PHILLIPS MEMBER PARTIAL TERM 0.25
Director
$0 $0 $0
CHUCK RUSSO MEMBER 0.50
Director
$0 $0 $0
CHRISTINE TALLEY-HASEMAN MEMBER 0.25
Director
$0 $0 $0
HAL TURNER MEMBER 0.25
Director
$0 $0 $0
LISA CONNOLLY MEMBER 0.25
Director
$0 $0 $0
DAVID RODGERS MEMBER 0.25
Director
$0 $0 $0
JAKOB BREUNIG MEMBER 0.25
Director
$0 $0 $0
LARRY RUICH MEMBER 0.25
Director
$0 $0 $0
VICKI BORRELLI MEMBER 0.25
Director
$0 $0 $0
PATRICIA CHAPPELL MEMBER 0.25
Director
$0 $0 $0
RACHEL NEFETARI AKHET BOVEJA MEMBER 0.25
Director
$0 $0 $0
DANIEL DIXON MEMBER 0.25
Director
$0 $0 $0
MIKAELA COPPEDGE MEMBER 0.25
Director
$0 $0 $0
MICHELE MCCORKLE MADARIS MEMBER 0.25
Director
$0 $0 $0
BENJAMIN W BROWN CFO 40.00
Officer
$125,084 $27,937 $153,021
ELIZABETH DEWEES CEO 40.00
Officer
$140,282 $15,917 $156,199
ANGELA NIELSEN APN 32.00
Highest
$130,373 $14,842 $145,215
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 $23,818,078 $24,529,261 $12,052,972 $-711,183
2024 $24,160,308 $24,233,353 $13,030,709 $-73,045
2023 $21,361,988 $22,511,407 $12,739,481 $-1,149,419
2022 $25,404,232 $24,041,716 $12,807,794 $1,362,516
2021 $27,525,393 $22,524,996 $12,134,231 $5,000,397
2020 $23,212,021 $22,123,689 $8,582,615 $1,088,332
2019 $21,273,902 $21,119,585 $6,551,298 $154,317
2018 $20,798,377 $20,592,581 $6,484,395 $205,796
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