The Viscardi Center Inc
- Assets
- $34.4m
- Revenue
- $5.2m
- Investments
- $0.0
- Employees
- 48
- Location
- Albertson, NY
- Founding
- 03/1957
- Data as of
- 06/2022
- EIN
- 11-1814883
Organization Overview
The Viscardi Center Inc is located in Albertson, NY. The organization was established in 1957. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. As of 06/2022, Viscardi Center Inc employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Viscardi Center 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 06/2022, Viscardi Center Inc generated $5.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (10.2%) each year. All expenses for the organization totaled $5.1m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (11.3%) per year over the past 3 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
EMPOWERING PEOPLE WITH DISABILITIES TO BE ACTIVE, INDEPENDENT, AND SELF-SUFFICIENT PARTICIPANTS IN OUR SOCIETY. THROUGH EDUCATION, TRAINING, LEADERSHIP & EXAMPLE WE SEEK TO PROVIDE THE HIGHEST QUALITY SERVICES AND TO INFLUENCE NATIONAL ATTITUDES, POLICIES AND LEGISLATION FOR THE BENEFIT OF THE PEOPLE WE SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE RESEARCH, INNOVATION AND EXPANSION PROGRAMS PROMOTE THE DEVELOPMENT OF INNOVATIVE WAYS TO BETTER SERVE AND EMPOWER INDIVIDUALS WITH DISABILITIES THROUGH THE FUNDING OF NEW TECHNOLOGIES AND PROGRAMS. ONE SUCH INITIATIVE IS DIGITAL ACCESSIBILITY SERVICES (DAS). DAS HELPS BUSINESSES AND ORGANIZATIONS MEET EVOLVING INDUSTRY STANDARDS AND ENSURES THAT CUSTOMERS, STUDENTS AND EMPLOYEES WITH DISABILITIES GET THE MOST OUT OF DIGITAL MEDIA ENSURING SECTION 508 AND ADA COMPLIANCE. A SECOND INITIATIVE IS THE DISABILITY ENTREPRENEURSHIP INSTITUTE WHICH IS AN EXTRAORDINARY RESOURCE THAT EDUCATES AND TRANSFORMS INNOVATIVE SELF-STARTERS TO ACHIEVE SELF-EMPLOYMENT SUCCESS.
GRANTS AND OTHER ASSISTANCE TO THE CENTER'S SUBSIDARY, ABILITIES, INC., AND HENRY VISCARDI SCHOOL TOTALING $861,410 WERE DISBURSED TO FURTHER THEIR EXEMPT PURPOSES TO EDUCATE, TRAIN AND FACILITATE EMPLOYMENT FOR THOSE INDIVIDUALS WITH DISABILITIES. THE GRANT TO THE TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA OF $134,078 REPRESENTED THE REMAINING FUNDS RAISED FROM THE CENTER'S PROJECT ACCESSIBLE ORAL HEALTH PROGRAM THAT WAS TRANSFERRED TO THE TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA WHO TOOK OVER THE ADMINISTRATION OF THE PROGRAM.
THE REMAINING PROGRAM EXPENSES PRIMARILY REPRESENT ALLOCATED DEPRECIATION ON FIXED ASSETS AND THE COSTS OF OPERATING THE CAFETERIA FOR THE STUDENTS OF THE HENRY VISCARDI SCHOOL, CONSUMERS OF ABILITIES, INC. AND EMPLOYEES OF THOSE ORGANIZATIONS. THE HENRY VISCARDI SCHOOL AND ABILITIES, INC., BOTH 501(C)3 ORGANIZATIONS, OCCUPY THE SAME PREMISES AS THE VISCARDI CENTER. THE HENRY VISCARDI SCHOOL IS RUN BY A BOARD OF TRUSTEES INDEPENDENT OF THE VISCARDI CENTER. ABILITIES, INC. IS A SUBSIDIARY OF THE CENTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John D Kemp President/ceo Through Oct 2021 | OfficerTrustee | 4 | $573,077 |
Sheryl P Buchel Executive Vice President/cfo | Officer | 9 | $334,935 |
Michael Caprara Chief Information Officer | 37.5 | $181,251 | |
Theofilos Vazanellis Director Of Facilities And Construction | 37.5 | $167,746 | |
Lauren Marzo Chief Development Officer | 37.5 | $182,827 | |
Michael Gambeski SVP Of Finance And Controller | Officer | 10.5 | $154,618 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kulka Llc Construction - Aquatic Center | 6/29/22 | $827,188 |
Colonial Crafters Inc Construction - Independent Living House | 6/29/22 | $252,633 |
Strike Force Of N America Janitorial Services | 6/29/22 | $312,685 |
Barrett Roofs Inc Roofing For Building | 6/29/22 | $162,588 |
Victoria Rm Consulting Program Consulting | 6/29/22 | $130,838 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $542,094 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,478,352 |
| Noncash contributions included in lines 1a–1f | $72,867 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,020,446 |
| Total Program Service Revenue | $461,151 |
| Investment income | $554,090 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,436,419 |
| Net Income from Fundraising Events | -$25,750 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,217,936 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $995,488 |
| 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. | $268,065 |
| Compensation of current officers, directors, key employees. | $249,826 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,337,979 |
| Pension plan accruals and contributions | $77,549 |
| Other employee benefits | $186,195 |
| Payroll taxes | $123,215 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $22,979 |
| Fees for services: Accounting | $26,117 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $75,000 |
| Fees for services: Investment Management | $73,891 |
| Fees for services: Other | $365,597 |
| Advertising and promotion | $33,083 |
| Office expenses | $224,925 |
| Information technology | $199,692 |
| Royalties | $0 |
| Occupancy | $360,568 |
| Travel | $20,225 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $25,237 |
| Interest | $67,120 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $513,987 |
| Insurance | $47,163 |
| All other expenses | $0 |
| Total functional expenses | $5,125,187 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,622 |
| Savings and temporary cash investments | $849,056 |
| Pledges and grants receivable | $1,974,376 |
| Accounts receivable, net | $88,884 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,197 |
| Prepaid expenses and deferred charges | $92,220 |
| Net Land, buildings, and equipment | $5,515,083 |
| Investments—publicly traded securities | $24,482,228 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,349,099 |
| Total assets | $34,395,765 |
| Accounts payable and accrued expenses | $710,302 |
| Grants payable | $0 |
| Deferred revenue | $37,650 |
| 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 | $1,990,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,609,071 |
| Total liabilities | $4,347,023 |
| Net assets without donor restrictions | $17,257,872 |
| Net assets with donor restrictions | $12,790,870 |
| 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 | $34,395,765 |
Grants Awarded
Over the last fiscal year, The Viscardi Center Inc has awarded $995,488 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ABILITIES INC PURPOSE: Operations | $298,869 |
HENRY VISCARDI SCHOOL PURPOSE: Operations | $562,541 |
TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA PURPOSE: Project Accessible Oral Health program | $134,078 |