Hasc Center Inc
- Assets
- $76.5m
- Revenue
- $55.2m
- Investments
- $17.4m
- Employees
- 1,582
- Location
- Brooklyn, NY
- Founding
- 10/1994
- Data as of
- 06/2021
- EIN
- 11-2630071
Organization Overview
Hasc Center Inc is located in Brooklyn, NY. The organization was established in 1994. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 06/2021, Hasc Center Inc employed 1,582 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hasc 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 06/2021, Hasc Center Inc generated $55.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $54.6m during the year ending 06/2021. While expenses have increased by 4.5% 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 FOR THE DEVELOPMENTALLY DISABLED
Describe the Organization's Program Activity:
Part 3 - Line 4a
HASC CENTER PROVIDES SMALL, SUPERVISED AND SUPPORTIVE, BEAUTIFULLY FURNISHED, INDIVIDUAL AND GROUP RESIDENCES, IN VARIOUS SECTIONS OF BROOKLYN, NY FOR INDIVIDUALS WITH DEVELOPMENTAL AND INTELLECTUAL DISABILITIES. EACH RESIDENCE OFFERS INDIVIDUALS OPPORTUNITIES TO ACQUIRE GREATER INDEPENDENCE, LEARN NEW SKILLS AND BECOME INTEGRATED MEMBERS OF THEIR COMMUNITIES.
DAY HABILITATION PROVIDES A STRUCTURED LEARNING/RECREATION PROGRAM FOR SPECIAL NEEDS PEOPLE.
SELF DIRECTION IS THE PRACTICE OF EMPOWERING PEOPLE WITH DEVELOPMENTAL DISABILITES TO MANAGE THE SUPPORTS AND SERVICES THEY RECEIVE, DETERMINE WHO PROVIDES THE SUPPORTS, AND HOW AND WHERE THEY ARE PROVIDED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samuel Kahn Executive Director | Officer | 50 | $304,863 |
Abraham Sacks Associate Executive Direct | Officer | 40 | $224,271 |
Isaiah Levy Controller | Officer | 40 | $198,737 |
Usher Kuperman It Director | Officer | 40 | $162,893 |
Sarah Englard Program Coordinator | Officer | 40 | $152,261 |
Vivian C Hayardeny Director Of Staff Training Department | 40 | $149,501 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
J Gliksman Cpa Pc Accounting | 6/29/21 | $193,003 |
Derek Smith Law Group Legal Fees | 6/29/21 | $143,329 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $483,712 |
| 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 | $483,712 |
| Total Program Service Revenue | $54,157,414 |
| Investment income | $312,316 |
| 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 | $55,192,454 |
| 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. | $1,342,147 |
| Compensation of current officers, directors, key employees. | $871,524 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $30,353,952 |
| Pension plan accruals and contributions | $123,699 |
| Other employee benefits | $4,419,332 |
| Payroll taxes | $2,812,733 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $84,734 |
| Fees for services: Accounting | $217,005 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $56,114 |
| Fees for services: Other | $1,405,840 |
| Advertising and promotion | $171,120 |
| Office expenses | $1,124,251 |
| Information technology | $142,737 |
| Royalties | $0 |
| Occupancy | $2,394,878 |
| Travel | $1,518,748 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $274,049 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,561,844 |
| Insurance | $285,127 |
| All other expenses | $792,899 |
| Total functional expenses | $54,568,166 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,280,369 |
| Savings and temporary cash investments | $528,574 |
| Pledges and grants receivable | $13,051,034 |
| Accounts receivable, net | $9,456,681 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,739,599 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,147,110 |
| Net Land, buildings, and equipment | $21,527,257 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $17,378,560 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,403,300 |
| Total assets | $76,512,484 |
| Accounts payable and accrued expenses | $5,245,199 |
| Grants payable | $0 |
| Deferred revenue | -$3,294 |
| Tax-exempt bond liabilities | $7,543,321 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $13,202,323 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,449,121 |
| Total liabilities | $28,436,670 |
| Net assets without donor restrictions | $0 |
| 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 | $48,075,814 |
| Total liabilities and net assets/fund balances | $76,512,484 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Hasc Center Inc has recieved totaling $50,300.
| Awarding Organization | Amount |
|---|---|
Bcg Charitable Foundation Brooklyn, NY PURPOSE: TO FURTHER JEWISH CAUSES | $39,000 |
Otzar Hachesed Foundation Trust Lawrence, NY PURPOSE: CHARITABLE, RELIGIOUS & EDUCATIONAL | $10,800 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nysarc Inc Brookville, NY | $162,532,221 | $126,795,772 |
New England Center For Children Inc Southborough, MA | $72,482,909 | $120,831,063 |
Developmental Disabilities Institute Inc Smithtown, NY | $94,736,827 | $119,037,675 |
Welllife Network Inc Flushing, NY | $106,314,124 | $116,433,235 |
Heritage Christian Services Inc Rochester, NY | $62,213,014 | $106,241,069 |
Nysarc Inc Johnstown, NY | $68,803,366 | $107,283,357 |
Lifespire Inc New York, NY | $111,308,535 | $104,118,369 |
Access Supports For Living Inc Middletown, NY | $71,768,349 | $93,183,468 |
Lifetime Assistance Incorporated Rochester, NY | $48,718,996 | $89,182,117 |
Adults And Children With Learning And Developmental Disabilities Inc Bethpage, NY | $86,914,648 | $85,096,870 |
Advance Care Alliance Of Ny Inc New York, NY | $47,978,523 | $95,257,742 |
Nysarc Inc Kingston, NY | $57,449,352 | $82,380,480 |