HIT Incorporated

EIN: 450353818 501(c)(3) Human Services

Mandan, ND

Total Revenue
$43,862,534
Total Expenses
$40,915,186
Total Assets
$22,966,112
Net Assets
$15,774,024
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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
ND
Principal Officer
Michael J Remboldt
Phone
7016630379
Tax Period
2023-07-01 to 2024-06-30

HIT Incorporated, founded in 1979, is a mid-sized nonprofit in the Human Services sector that reported $43.9M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $40.9M left a modest 7% surplus.

Mission

Vision: HIT supports people with disabilities through self-directed services that promote independence, dignity and respect.Mission: - We will strive to meet our customer's needs.- We will serve as a catalyst in uniting our customers and the community.- We will attract, retain and motivate competent employees.- We will effectively use resources in customer-driven activities.

Program Service Accomplishments

Program 1
Expenses: $21,648,496 Revenue: $22,998,304

Residential ServicesHIT provides residential group home services, independent supports to people living in their own apartments and supports to families with family members living in their homes. All...

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Residential ServicesHIT provides residential group home services, independent supports to people living in their own apartments and supports to families with family members living in their homes. All of these people have various developmental disabilities. The Organization operates fourteen group homes that are licensed to serve four to six individuals and in excess of 75 individuals living in their own apartments or at home with family members. Services provided at these sites are individualized to resident needs. The primary purpose is to provide an environment that is the least restrictive and yet gives support where needed. This gives the individual the opportunity to belong to the community around them in the most inclusive manner. Three homes serve children under the age of 21, ten homes serve adults and one home primarily serves retired individuals who will benefit from a 24 hour residential setting. The program in the retirement home is committed to assisting aging individuals in retaining a meaningful level of physical and mental health by developing interest and encouraging participation in activities.

Program 2
Expenses: $7,577,598 Revenue: $8,478,041

Developmental Day Activity Program & Employment ServicesHIT's day programs provide individuals with a personalized program of achievement based on the individual's goals and objectives. The programs...

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Developmental Day Activity Program & Employment ServicesHIT's day programs provide individuals with a personalized program of achievement based on the individual's goals and objectives. The programs fall primarily into one of three areas - day activity, senior program and training center - and offer the flexibility of moving between the three areas as needs and desires dictate. The day programs operate from 9 am to 4:30 pm Monday through Friday and are headquartered out of the HIT administration building at 2640 Sunset Drive and 1007 18th St NW, Mandan. Work contracts, recreational and leisure activities and other programs are carried out throughout the communities of Bismarck and Mandan. The day program offers services to the public through West River Produce and West River Lawn Services. Employment Services provides job development, job placement and follow along services to assist individuals with disabilities acquire gainful employment. We assist the consumer with locating, obtaining, and maintaining employment in the community. There are two phases to our supported employment services: training and stabilization focusing on teaching job tasks and meeting other employment related requirements. Extended services are designed to provide the on-going support necessary to maintain employment after training and stabilization is completed.

Program 3
Expenses: $4,851,373 Revenue: $4,827,562

Rehabilitative Brain Injury ServicesHIT Inc. provides different levels of brain injury services. Dakota Alpha offers physical, occupational, and speech therapies, cognitive retraining, independent...

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Rehabilitative Brain Injury ServicesHIT Inc. provides different levels of brain injury services. Dakota Alpha offers physical, occupational, and speech therapies, cognitive retraining, independent living skills training, social services, activities, and dietary services, and is staffed 24 hours per day by professional nursing staff. Dakota Pointe offers more of an independent living type setting. The two facilities have a total of 30 beds. The new brain injury social & recreational services provide extra one-on-one time for the individuals within Dakota Alpha and Dakota Pointe.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,093,137
Program Service Revenue $41,620,027
Investment Income $159,487
Other Revenue $-10,117
TOTAL REVENUE $43,862,534

Expense Breakdown

Grants Paid $19,568
Salaries & Benefits $32,880,753
Fundraising Expenses $0
Program Expenses $38,432,799
Other Expenses $8,014,865
TOTAL EXPENSES $40,915,186

Year-over-Year Comparison

2023 2022 Change
Revenue $43,862,534 $39,867,249 +0.1%
Expenses $40,915,186 $38,791,022 +0.1%
Net Income $2,947,348 $1,076,227 +1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
6
Employees
667
Volunteers
6

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
5
$411,253
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jane Porter President 1.00
Officer Director
$0 $0 $0
James Froelich Vice President 1.00
Officer Director
$0 $0 $0
Mike Bitz Secretary/Treasurer 1.00
Officer Director
$0 $0 $0
Linda Anseth Director 1.00
Director
$0 $0 $0
Paul Myerchin Director 1.00
Director
$0 $0 $0
Lee Weisbeck Director 1.00
Director
$0 $0 $0
Greg Vetter Director (Until Sept 23) 1.00
Director
$0 $0 $0
Michael J Remboldt Chief Executive Officer 50.00
Officer
$210,465 $28,790 $239,255
Paul Kramer Chief Financial Officer 50.00
Officer
$161,646 $10,352 $171,998
Jill Staudinger - VP of Children & Family Services 50.00
Highest
$133,558 $33,558 $167,116
Morgan Peterson DSP 70.00
Highest
$119,511 $7,171 $126,682
Amber Kuntz Asst. Director of KIDS 40.00
Highest
$114,457 $18,440 $132,897
Amy Trudeau Dak Alpha DON 40.00
Highest
$112,962 $6,859 $119,821
Nicholl Wolmarans Early Interventionist 40.00
Highest
$112,429 $20,230 $132,659
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 $43,862,534 $40,915,186 $22,966,112 $2,947,348
2023 $39,867,249 $38,791,022 $20,905,285 $1,076,227
2022 $38,762,981 $36,523,144 $22,072,326 $2,239,837
2021 $35,559,884 $33,729,640 $20,712,644 $1,830,244
2020 $35,163,289 $33,394,478 $19,256,498 $1,768,811
2019 $34,291,040 $32,014,880 $17,198,164 $2,276,160
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