EIN 23-2023612

Prospectus Associates

IRS 501(c) type
501(c)(3)
Num. employees
329
Year formed
1977
Most recent tax filings
2023-06-01
Description
Prospectus Associates enriches the lives of people with disabilities and their families by providing innovative community participation, community living, employment opportunities, and family support services. Its vocational day programs offer assessment, training, and employment supports to 50 program participants. Meanwhile, its residential services provide two-room homes for 71 program participants throughout Berks County with professional supervisory staff to assist them in daily activities. Prospectus Associates is located in Reading, PA.
Total revenues
$18,902,658
2023
Total expenses
$18,240,457
2023
Total assets
$19,624,227
2023
Num. employees
329
2023

Program areas at Prospectus Associates

Community living services provide an array of services for adults with disabilities that promote individual choice and opportunities to live in residential settings throughout berks county. There are 61 program participants residing in our community homes and 12 participants in life sharing.
Family support services provides individualized services to people with disabilities and their families. Currently authorized to provide habilitation supports, companionship services and host respite to over 22 individuals.
Prospectus berco day services provides a range of employment, vocational, and training services for adults with disabilities. Employment services include community-integrated employment, job coaching, and vocational training. Additionally, they collaborate with the office of vocational rehabilitation (ovr) to expand their offerings, including initiatives like work experience for adults (wexa) and ticket to work. Their vocational services facility continues to provide training to help individuals achieve their employment goals, while adult training services focus on enrichment through meaningful activities and community participation. Vocational services offer a variety of training and employment options and employs approximately 51 workers with disabilities and provides businesses throughout the country with packaging and subassembly services. Production workers also go out in work teams to provide services at various businesses. Adult training services provide social and recreational activities for adults with disabilities from 9 a.m. to 3:30 p.m. monday through friday. Activities include community participation and support, volunteer experiences, communication, and mobility training, along with occupational therapies. One of our components is designed for individuals who are deaf and hard of hearing; we contract with an american sign language instructor who comes in twice a week to teach asl to participants and employees. There are 86 individuals in adult training services.

Who funds Prospectus Associates

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Bank of America Charitable FoundationProgram/operating Support$875
AmazonSmile FoundationGeneral Support$264

Personnel at Prospectus Associates

NameTitleCompensation
Jody H. WagnerExecutive Director and Chief Executive Officer$147,969
Jonathan Colon-ColonChief Operating Officer$129,025
Nikki Roman-CruzChief Financial Officer$123,034
Jessica PenchardDevelopment and Public Relations Director
Marie RemyResidential Direct Support Prof.$114,220
...and 11 more key personnel

Financials for Prospectus Associates

RevenuesFYE 06/2023
Total grants, contributions, etc.$1,347,399
Program services$17,437,209
Investment income and dividends$84,538
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$24,327
Net income from fundraising events$7,940
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,245
Total revenues$18,902,658

Form 990s for Prospectus Associates

Fiscal year endingDate received by IRSFormPDF link
2023-062024-03-22990View PDF
2022-062023-03-30990View PDF
2021-062022-03-11990View PDF
2020-062021-04-14990View PDF
2019-062021-01-12990View PDF
...and 10 more Form 990s

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Crystal SpringsAssonet, MA$29,606,457
Cheyenne VillageColorado Springs, CO$9,794,163
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New Horizons of Northwest FloridaPensacola, FL$8,028,876
Data update history
May 19, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 19, 2024
Updated personnel
Identified 6 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 11, 2023
Used new vendors
Identified 14 new vendors, including , , , , , , , , , , , , , and
June 26, 2023
Received grants
Identified 1 new grant, including a grant for $1,750 from The Bank of America Charitable Foundation
Nonprofit Types
Human service organizationsDevelopmentally disabled centersCharities
Issues
Human servicesDevelopmentally disabled
Characteristics
Fundraising eventsState / local levelReceives government fundingEndowed supportManagement and technical assistanceFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
Address
840 William LN
Reading, PA 19604
Metro area
Reading, PA
County
Berks County, PA
Website URL
proberco.org/ 
Phone
(610) 372-4637
Twitter profile
@prospectusberco 
IRS details
EIN
23-2023612
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1977
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
P80: Services to Promote the Independence of Specific Population Groups
NAICS code, primary
623210: Residential Intellectual and Developmental Disability Facilities
Parent/child status
Independent
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