Community Options New York Inc
- Assets
- $33.5m
- Revenue
- $37.8m
- Investments
- $0.0
- Employees
- 828
- Location
- Princeton, NJ
- Founding
- 05/1998
- Data as of
- 06/2023
- EIN
- 11-3414724
Organization Overview
Community Options New York Inc is located in Princeton, NJ. The organization was established in 1998. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. As of 06/2023, Community Options New York Inc employed 828 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Options New York 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 06/2023, Community Options New York Inc generated $37.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $34.1m during the year ending 06/2023. While expenses have increased by 11.4% per year over the past 7 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
WORKING & RECREATIONAL OPTIONS TO HELP FACILITATE FRIENDSHIPS WITH PERSONS WITH DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMPLOYMENT SERVICES AND DAY HABILITATION- PROVIDES EMPLOYMENT COUNSELING AND SUPPORT SERVICES TO INDIVIDUALS WITH DISABILITIES. THE PURPOSE IS TO INCREASE THE INDIVIDUAL'S SELF-ESTEEM WHILE ENABLING THEM TO CONTRIBUTE TO THE COMMUNITY.
RESIDENTIAL SERVICES- PROVIDES HOUSING AND OTHER RESIDENTIAL SERVICES TO INDIVIDUALS WITH DISABILITIES. THE PURPOSE IS TO EMPOWER PERSONS WITH DISABILITIES TO LIVE PRODUCTIVE LIVES WITHIN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Stack Chairman | OfficerTrustee | 2 | $0 |
David Sweeney Chief Financial Officer | Officer | 2 | $0 |
Svetlana Repic-Qira Executive Vice President | Officer | 2 | $0 |
Courtney Eidel Chief Human Resources Officer | Officer | 2 | $0 |
Brian Dion Chief Development Officer | Officer | 2 | $0 |
Kerry Murray State Director | Officer | 40 | $229,196 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gary W Hemingway Construction | 6/29/20 | $155,639 |
Sjc Remodeling Construction | 6/29/20 | $125,690 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,204,058 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $20,073 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,204,058 |
| Total Program Service Revenue | $33,465,842 |
| Investment income | $26,235 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $69,381 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $37,791,714 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $537,817 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $364,918 |
| Compensation of current officers, directors, key employees. | $20,071 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $21,967,771 |
| Pension plan accruals and contributions | $136,023 |
| Other employee benefits | $2,010,926 |
| Payroll taxes | $1,940,134 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $674,057 |
| Fees for services: Accounting | $7,875 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $142,289 |
| Advertising and promotion | $157,979 |
| Office expenses | $1,324,067 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $822,636 |
| Travel | $471,606 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $791,906 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,974,967 |
| Insurance | $435,938 |
| All other expenses | $0 |
| Total functional expenses | $34,073,935 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,755,749 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $219,514 |
| Accounts receivable, net | $2,716,598 |
| 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 | $153,024 |
| Net Land, buildings, and equipment | $14,222,189 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,400,946 |
| Total assets | $33,468,020 |
| Accounts payable and accrued expenses | $5,597,028 |
| Grants payable | $0 |
| Deferred revenue | $536,073 |
| 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 | $12,213,345 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,016,528 |
| Total liabilities | $20,362,974 |
| Net assets without donor restrictions | $13,105,046 |
| 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 | $33,468,020 |