Unique Life Inc
- Assets
- $20.9m
- Revenue
- $17.9m
- Investments
- $0.0
- Employees
- 297
- Location
- Bronx, NY
- Founding
- 02/2006
- Data as of
- 06/2024
- EIN
- 11-3653314
Organization Overview
Unique Life Inc is located in Bronx, NY. The organization was established in 2006. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2024, Unique Life Inc employed 297 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Unique Life 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 06/2024, Unique Life Inc generated $17.9m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 17.4% each year . All expenses for the organization totaled $17.8m during the year ending 06/2024. While expenses have increased by 18.8% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
UNIQUE LIFE INC. IS BUILT ON THE CONCEPT OF PERSON-CENTERED PLANNING, SETTING GOALS, AND IMPROVING THE QUALITY OF LIFE FOR OUR INDIVIDUALS THROUGH ENRICHMENT PROGRAMS, STRUCTURED ACTIVITIES, VOLUNTEER WORK AND MORE. WE PROVIDE OUR INDIVIDUALS WITH A VARIETY OF RESOURCES THAT WILL ALLOW THEM TO LIVE A MEANIGFUL AND INTEGRATED LIFE WITHIN THEIR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CODE: COHABCOMMUNITY HABILITATION, PROVIDING TRAINING TO PEOPLE WITH INTELLECTUAL AND DEVELOPMENT DISABILITIES THAT WILL ALLOW THEM TO ENHANCE THEIR DAILY LIVING SKILLS, SOCIALIZATION, AND COMMUNITY INCLUSION THROUGH A VARIETY OF STRUCTURED ACTIVITIES THAT ARE TAILORED TO MEET THE NEEDS OF EVERY INDIVIDUAL.
CODE: DHABDAY HABILITATION - DELIVERY OF DAILY STRUCTURED SERVICES TO ASSIST INDIVIDUALS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES TO DEVELOP, MAINTAIN OR ENHANCE THEIR SOCIALIZATION, ADAPTIVE SKILLS, AS WELL AS IMPROVE THEIR WORK READINESS, COMMUNITY INTEGRATION, AND PEER INTERACTION SKILLS,
CODE:ADR - IHRSFAMILY SUPPORT SERVICES IS DESIGNED TO SEPECIFICALLY HELP FAMILIES WHO ARE CARING FOR A RELATIVE WITH DEVELOPMENTAL DISABILITY, BY PROVIDING THEM WITH SUPPORT/RELIEF THROUGH AFTERSCHOOL PROGRAM, AFTER DAY SERVICES, WEEKEND RESPITE AND IN-HOME RESPITE SERVICES.THE SERVICE IS CONDUCTED AT THE INDIVIDUAL'S HOME, NO MEDICAL SERVICE IS PROVIDED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Akwasi Achampong Executive Dir. | Trustee | 37.5 | $320,873 |
Raja Gray Dept. Exec. Dir | Trustee | 37.5 | $164,212 |
Micheal Acheampong-Tieku Director | Trustee | 37.5 | $138,210 |
Erik Patt CFO | 37.5 | $131,442 | |
Akwasi B Achampong Director | Trustee | 37.5 | $129,552 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
3055 Valentine Avenue Llc | 6/29/24 | $456,500 |
Royal Master Antique Inc | 6/29/24 | $617,764 |
186 Bp Realty Llc | 6/29/24 | $796,400 |
1353 & 1357 Purdy Street Llc | 6/29/24 | $622,800 |
250 Sakaj Hope Llc | 6/29/24 | $561,740 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $17,467,905 |
| Investment income | $245,797 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $221,622 |
| 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 | $17,935,324 |
| 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. | $884,289 |
| Compensation of current officers, directors, key employees. | $308,300 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,723,728 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $236,701 |
| Fees for services: Accounting | $68,571 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $155,823 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,657,428 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $90,995 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $236,737 |
| Insurance | $341,584 |
| All other expenses | $36,505 |
| Total functional expenses | $17,762,041 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $374,376 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,278,012 |
| Loans from Officers, Directors, or Controlling Persons | $786,631 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,308,671 |
| Investments—publicly traded securities | $1,793,132 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,331,284 |
| Total assets | $20,872,106 |
| Accounts payable and accrued expenses | $1,300,490 |
| Grants payable | $0 |
| Deferred revenue | $224,832 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $8,404 |
| Secured mortgages and notes payable | $1,036,134 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $12,204,503 |
| Total liabilities | $14,774,363 |
| Net assets without donor restrictions | $6,097,743 |
| 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 | $20,872,106 |