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Nonprofit · EIN 16-1091767

ABLE2 ENHANCING POTENTIAL INC

Tax-exempt · ELMIRA, NY 14904

Financials

$15.1M$14.3M2023$14.5M$13.7M2024
Revenue Expenses · by fiscal year end
Financials of ABLE2 ENHANCING POTENTIAL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$14,514,328$13,702,625$811,703$15,629,585$2,510,084$13,119,501
December 31, 2023990$15,073,210$14,257,272$815,938$14,837,236$2,790,134$12,047,102
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$221,110
of which government grants
$136,564
Program service revenue
$13,872,258
Investment income
$195,291
Net gain from sales of assets
$72,969
Net income from fundraising events
$2,697
Other revenue
$225,669

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$7,590,254
Salaries, compensation and benefits (total)
$9,324,698
Professional fundraising fees
$0
Legal fees
$8,077
Accounting fees
$40,502
Occupancy
$403,038
Travel
$21,798
Depreciation
$589,863
Program services (functional)
$11,708,992
Management and general (functional)
$1,983,705
Fundraising (functional)
$9,928

Balance sheet and other

Total assets, start of year
$14,837,236
Total assets, end of year
$15,629,585
Total liabilities, end of year
$2,510,084
Net assets, end of year
$13,119,501
Land, buildings and equipment
$2,180,456
Publicly traded securities
$3,320,878
Net assets without donor restrictions
$13,119,501
Gross receipts
$14,879,414
Employees
253
Volunteers
14
Year formed
1950
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
LEISA ALGERCHIEF EXECUTIVE OFFICER
Officer
0$0$152,608$12,210
DONALD HILFIGERCHIEF FINANCIAL OFFICER
Officer
0$0$99,110$13,225
AARON ALSHEIMERCHAIRPERSON
Trustee or director, Officer
2$0$0$0
KAREN COMERVICE CHAIRPERSON
Trustee or director, Officer
2$0$0$0
RITA MCCABESECRETARY
Trustee or director, Officer
2$0$0$0
MICHAEL BATTERSBYTREASURER
Trustee or director, Officer
2$0$0$0
ABBY CARRDIRECTOR
Trustee or director
1$0$0$0
AMY WHITE MDDIRECTOR
Trustee or director
1$0$0$0
JOHN C KOHENADIRECTOR
Trustee or director
1$0$0$0
KELLY SQUIRESDIRECTOR
Trustee or director
1$0$0$0
ELLEN HANSONDIRECTOR
Trustee or director
1$0$0$0
DAVID H EICHENAUERDIRECTOR
Trustee or director
1$0$0$0
NATHAN GAGEDIRECTOR
Trustee or director
1$0$0$0
BRIAN QUALEYDIRECTOR
Trustee or director
1$0$0$0
DEBRA STANTONDIRECTOR
Trustee or director
1$0$0$0
1 more people on this return
NameTitleHours / weekCompensation
GLENN CASEY MALLOWDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
ANN LESS DDSDENTIST
Highest-paid employee
40$153,781$0$14,224
LEISA ALGERCHIEF EXECUTIVE OFFICER
Officer
20$0$132,408$11,579
DONALD HILFIGERCHIEF FINANCIAL OFFICER
Officer
20$0$94,923$12,817
AARON ALSHEIMERPRESIDENT
Trustee or director, Officer
2$0$0$0
KAREN COMERVICE PRESIDENT
Trustee or director, Officer
2$0$0$0
ABBY CARRTREASURER
Trustee or director, Officer
2$0$0$0
RITA MCCABESECRETARY
Trustee or director, Officer
2$0$0$0
MICHAEL BATTERSBYDIRECTOR
Trustee or director
1$0$0$0
AMY WHITE MDDIRECTOR
Trustee or director
1$0$0$0
JOHN C KOHENADIRECTOR
Trustee or director
1$0$0$0
KELLY SQUIRESDIRECTOR
Trustee or director
1$0$0$0
ELLEN HANSONDIRECTOR
Trustee or director
1$0$0$0
LAURIE WARNERDIRECTOR
Trustee or director
1$0$0$0
DAVID H EICHENAUERTREASURER
Trustee or director
1$0$0$0
NATHAN GAGEDIRECTOR
Trustee or director
1$0$0$0
CAITLIN MCCONVILLE STRICKLERDIRECTOR
Trustee or director
1$0$0$0
BRIAN QUALEYDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
1118 CHARLES ST, ELMIRA, NY 14904-2709
Principal officer (990 for 2024)
WILLIAM C WASSERMAN, PO BOX 1554, ELMIRA, NY 14902
Signed the 990
AARON ALSHEIMER, CHAIRPERSON
Phone
(607) 734-7107
Return prepared by
BONADIO & CO LLP

Mission

TO ENHANCE THE QUALITY OF LIFE OF THE PEOPLE WE SERVE.

990 for the year ended December 31, 2024

Program accomplishments

  • INTERMEDIATE CARE FACILITIES- RESIDENTIAL PROGRAM PROVIDES A COMMUNITY LIKE SETTING FOR INTELLECTUAL DEVELOPMENT DISABLED INDIVIDUALS LIVING IN A PRIVATE SETTING. NUMBER OF PERSONS SERVED: 17
    Expenses $2,871,639 · revenue $2,920,254
  • INDIVIDUALIZED RESIDENTIAL ALTERNATIVES- A FACILITY SERVICING INTELLECTUAL DEVELOPMENT DISABLED INDIVIDUALS, PROVIDING A HOME LIKE ENVIRONMENT OF ROOM, BOARD, & SUPERVISION FOR REHABILITATION PROGRAMS. NUMBER OF PERSONS SERVED: 38
    Expenses $5,876,873 · revenue $7,673,553
  • HABILITATION SERVICES PROVIDED IN A NON-RESIDENTIAL ENVIRONMENT FOCUSING ON SELF-HELP, SOCIALIZATION AND ADAPTIVE SKILLS. NUMBER OF PERSONS SERVED: 101
    Expenses $1,902,642 · revenue $2,511,690
  • CLINIC
    Expenses $573,328 · revenue $395,063
  • TRANSPORTATION
    Expenses $429,568 · revenue $387,256
  • OTHER PROGRAMS
    Expenses $54,942 · revenue $207,414

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
16-1091767
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1978
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$15,629,585
Income (IRS master file)
$14,879,414

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$14,514,328$13,702,625$15,629,585XML
990December 2023$15,073,210$14,257,272$14,837,236XML
990December 2022$16,965,494$16,560,674$13,781,090IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 16-1091767).

Questions about ABLE2 ENHANCING POTENTIAL INC

What is the EIN of ABLE2 ENHANCING POTENTIAL INC?
The employer identification number (EIN) of ABLE2 ENHANCING POTENTIAL INC is 16-1091767.
Is ABLE2 ENHANCING POTENTIAL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
Are donations to ABLE2 ENHANCING POTENTIAL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ABLE2 ENHANCING POTENTIAL INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ABLE2 ENHANCING POTENTIAL INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ABLE2 ENHANCING POTENTIAL INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of ABLE2 ENHANCING POTENTIAL INC?
The 990 for the year ended December 31, 2024 names WILLIAM C WASSERMAN.
Who are the officers and directors of ABLE2 ENHANCING POTENTIAL INC?
The 990 for the year ended December 31, 2024 lists 16 people; 0 received compensation from the organization.
How much revenue does ABLE2 ENHANCING POTENTIAL INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $14,514,328, expenses of $13,702,625 and total assets of $15,629,585 at year end.

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