Fegs Home Attendant Services Inc
- Assets
- $15.2m
- Revenue
- $56.5m
- Investments
- $0.0
- Employees
- 1,658
- Location
- Bronx, NY
- Founding
- 08/1983
- Data as of
- 06/2021
- EIN
- 13-3161675
Organization Overview
Fegs Home Attendant Services Inc is located in Bronx, NY. The organization was established in 1983. According to its NTEE Classification (P44) the organization is classified as: In-Home Assistance, under the broad grouping of Human Services and related organizations. As of 06/2021, Fegs Home Attendant Services Inc employed 1,658 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fegs Home Attendant Services 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, Fegs Home Attendant Services Inc generated $56.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $45.9m during the year ending 06/2021. While expenses have increased by 3.8% 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
THE AGENCY PROVIDES HOME CARE SERVICES TO MEDICAID ELIGIBLE NEW YORK CITY RESIDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FEGS HOME ATTENDANT SERVICES INC. PROVDES HOME CARE SERVICES TO MEDICAID ELIGIBLE RESIDENTS OF NEW YORK CITY. SERVICES ARE PROVIDED PURSUANT TO A CONTRACT WITH THE CITY OF NEW YORK HUMAN RESOURCES ADMINISTRATION, AS WELL AS UNDER VARIOUS CONTRACTS WITH MEDICAID FUNDED MANAGED CARE ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gabriele Sofos Executive Dir | Officer | 20 | $227,221 |
Cynthia Gonzalez Director Of Operations | Officer | 40 | $132,953 |
Nick Glatzer Director Of Finance | Officer | 20 | $67,789 |
Ervin Pismichenko Director | Trustee | 2 | $0 |
Martin Walter Director | Trustee | 2 | $0 |
Jon Karger Secretary | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,198,470 |
| 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 | $10,198,470 |
| Total Program Service Revenue | $46,245,463 |
| Investment income | $20,729 |
| 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 | $56,464,662 |
| 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. | $437,993 |
| Compensation of current officers, directors, key employees. | $437,993 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $34,128,058 |
| Pension plan accruals and contributions | $515,063 |
| Other employee benefits | $3,480,216 |
| Payroll taxes | $2,456,453 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $66,776 |
| 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 | $0 |
| Advertising and promotion | $3,363 |
| Office expenses | $100,688 |
| Information technology | $411,458 |
| Royalties | $0 |
| Occupancy | $1,028,507 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $144,000 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,464 |
| Insurance | $228,744 |
| All other expenses | $58,764 |
| Total functional expenses | $45,869,398 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,684,826 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,929,764 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,415,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $72,826 |
| Net Land, buildings, and equipment | $93,536 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $15,195,952 |
| Accounts payable and accrued expenses | $4,177,452 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $1,898,252 |
| Other liabilities | $428,250 |
| Total liabilities | $6,503,954 |
| Net assets without donor restrictions | $8,691,998 |
| 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 | $15,195,952 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Main Line Health Homecare & Hospice Newtown Square, PA | $46,982,460 | $75,164,961 |
Stella Orton Home Care Agency Inc Staten Island, NY | $19,001,728 | $53,620,313 |
Fegs Home Attendant Services Inc Bronx, NY | $15,195,952 | $56,464,662 |
Riseboro Homecare Inc Brooklyn, NY | $14,931,211 | $36,337,116 |
C A B S Home Attendants Service Inc Brooklyn, NY | $19,397,298 | $40,171,988 |
R A I N Home Attendant Services Inc Bronx, NY | $11,386,641 | $37,567,281 |
Services For The Aged Inc New York, NY | $9,398,199 | $32,148,609 |
Spiritrust Lutheran Home Care & Hospice Chambersburg, PA | $7,132,105 | $30,839,886 |
Rockaway Home Attendant Services Inc Far Rockaway, NY | $23,841,168 | $30,410,528 |
St Nicks Alliance Home Care Corp Brooklyn, NY | $13,054,062 | $27,941,430 |
Life Path Inc Greenfield, MA | $8,547,416 | $20,609,552 |
Psc Community Services Inc Long Island City, NY | $7,132,504 | $21,162,865 |