What is ABLE?
ABLE Inc. is a Houston County, MN-based non-profit with 45 years of experience in providing comprehensive residential care and support for individuals with developmental disabilities. The organization is dedicated to fostering dignity, independence, and self-esteem through tailored living and learning opportunities. Beyond its core mission, ABLE also serves as an employer, offering competitive compensation and flexible scheduling for its staff, thereby contributing to the local economy and career development within the community. Its operational model emphasizes building personal connections to improve the quality of life for its clients.
How much funding has ABLE raised?
ABLE has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
Key Investors in ABLE
PPP
Public-Private Partnership
What's next for ABLE?
The recent major strategic investment signals a pivotal growth phase for ABLE. This capital infusion is expected to facilitate the expansion of its residential care programs and enhance the support services offered to individuals with developmental disabilities. Furthermore, the strategic nature of this financing suggests potential collaborations or initiatives aimed at broadening ABLE's impact within its community and potentially beyond. The organization's long-standing experience positions it well to leverage this new backing for sustainable development and increased operational capacity, reinforcing its mission to empower individuals and communities.
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