Alternatives Inc
- Assets
- $5.0m
- Revenue
- $8.2m
- Investments
- $0.0
- Employees
- 165
- Location
- Naugatuck, CT
- Founding
- 09/1995
- Data as of
- 06/2021
- EIN
- 06-1418490
Organization Overview
Alternatives Inc is located in Naugatuck, CT. The organization was established in 1995. According to its NTEE Classification (F33) the organization is classified as: Residential Mental Health Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2021, Alternatives Inc employed 165 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alternatives Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Alternatives Inc generated $8.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $7.1m during the year ending 06/2021. While expenses have increased by 2.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SERVICES TO HANDICAPPED AND DEVELOPMENTALLY DISABLED INDIVIDUALS
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF NONINSTITUTIONAL INDEPENDENT LIVING FACILITIES AND DAY PROGRAMS FOR HANDICAPPED AND DEVELOPMENTALLY DISABLED PERSONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rita Callahan Director Of | Officer | 40 | $109,763 |
Kelly Bragdon Exec Directo | Officer | 40 | $104,421 |
Matthew Furst Secretary | OfficerTrustee | 2 | $0 |
Heather Schold Director | Trustee | 2 | $0 |
George V Lawler Jr Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,272,974 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,272,974 |
| Total Program Service Revenue | $3,913,522 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,186,496 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $214,183 |
| Compensation of current officers, directors, key employees. | $214,183 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,189,990 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $565,754 |
| Payroll taxes | $329,281 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $129,236 |
| Advertising and promotion | $0 |
| Office expenses | $69,769 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $347,273 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $121,981 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $112,422 |
| Insurance | $83,210 |
| All other expenses | $138,752 |
| Total functional expenses | $7,136,919 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,859,928 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $218,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $20,406 |
| Net Land, buildings, and equipment | $2,851,009 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,078 |
| Total assets | $4,955,421 |
| Accounts payable and accrued expenses | $718,047 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,187,538 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $419,768 |
| Total liabilities | $3,325,353 |
| Net assets without donor restrictions | $1,630,068 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,955,421 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Green Chimneys School For Little Folk Brewster, NY | $63,909,351 | $19,769,290 |
Primecare Inc Waterbury, CT | $6,916,993 | $18,878,212 |
The Caring Community Of Connecticut Inc Colchester, CT | $8,501,598 | $17,596,342 |
Victory Human Sevices Inc Brockton, MA | $12,150,690 | $16,670,499 |
Italian Home For Children Inc Jamaica Plain, MA | $10,044,063 | $16,604,847 |
Saint Anne Institute Albany, NY | $7,528,199 | $13,761,752 |
Better Community Living Inc North Dartmouth, MA | $5,234,348 | $14,249,901 |
Communities For People Boston, MA | $9,444,200 | $12,776,219 |
Brandon Residential Treatment Center Inc Natick, MA | $11,061,565 | $15,821,224 |
Lakeview Health Services Inc Geneva, NY | $20,519,525 | $14,247,484 |
Steuben Churchpeople Against Poverty Inc Corning, NY | $13,242,784 | $15,284,389 |
Chrysalis Center Inc Hartford, CT | $6,887,937 | $11,756,775 |