Iri Innovative Resources For Independence Inc
- Assets
- $57.3m
- Revenue
- $54.2m
- Investments
- $0.0
- Employees
- 777
- Location
- Queens Village, NY
- Founding
- 03/1989
- Data as of
- 06/2022
- EIN
- 13-3490223
Organization Overview
Iri Innovative Resources For Independence Inc, operating under the name Iriinnov Resources For Independen, is located in Queens Village, NY. The organization was established in 1989. 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 06/2022, Iriinnov Resources For Independen employed 777 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iriinnov Resources For Independen 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, Iriinnov Resources For Independen generated $54.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $39.7m during the year ending 06/2022. While expenses have increased by 8.6% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE A WORLD WHERE PEOPLE WITH INTELLECTUAL DISABILITIES LIVE MEANINGFUL LIVES, INTEGRATED IN SOCIETY, EMPOWERED BY THEIR ABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESIDENTIAL PROGRAMS - PROVIDE INDIVIDUALS WHO ARE IN NEED OF RESIDENTIAL PLACEMENT INTO GROUP HOMES. THE GROUP HOMES ARE DESIGNED TO HELP INDIVIDUALS LEARN DAILY LIVING SKILLS, PERSONAL HYGIENE, FOOD PREPARATION, AND HOUSEHOLD CHORES IN A SUPERVISED WARM HOMELIKE ENVIRONMENT WITH THE ULTIMATE GOAL OF INDEPENDENT LIVING. GROUP HOMES OFFER 24 HOUR SUPERVISION BASED ON THE LEVEL OF NEED, 7 DAYS A WEEK.
DAY HABILITATION AND COMMUNITY HABILITATION - PROVIDE SERVICES WHICH ENHANCES COMMUNITY INTEGRATION, ACADEMIC LEARNING, AND SOCIALIZATION SKILLS AS WELL AS PROVIDES HABILITATION SERVICES AND SUPPORT FOR INDIVIDUALS, AND ASSISTANCE/RELIEF FOR CAREGIVERS/PARENTS.
COMMUNITY SERVICES - PROVIDE HABILITATION AT-HOME SERVICES TO HELP INDIVIDUALS CARE FOR THEMSELVES WHILE LIVING IN THEIR OWN HOMES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gilbert Louis CEO | Officer | 40 | $378,332 |
Todd Pinkus CFO | Officer | 48 | $188,286 |
Ana Koessler Cao | 45 | $181,216 | |
Elizabeth Corrigan COO | 40 | $176,617 | |
Susan E Mcgrath Cco | 40 | $175,534 | |
Lina Saray Hr Director | 40 | $151,692 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Beacon Therapy Services Pllc Employment Services | 6/29/19 | $315,456 |
Bdo Consultation Services | 6/29/19 | $146,717 |
Shebitz Berman & Delforte Pc Legal Services | 6/29/19 | $146,542 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,606,889 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,400 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,613,289 |
| Total Program Service Revenue | $48,606,545 |
| Investment income | $1,014 |
| 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 | $54,242,990 |
| 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. | $694,625 |
| Compensation of current officers, directors, key employees. | $694,625 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $24,386,572 |
| Pension plan accruals and contributions | $5,651,479 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $228,618 |
| 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 | $324,067 |
| Advertising and promotion | $0 |
| Office expenses | $646,595 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,821,876 |
| Travel | $399,909 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $229,662 |
| Interest | $378,287 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $673,940 |
| Insurance | $572,339 |
| All other expenses | $1,715,179 |
| Total functional expenses | $39,650,281 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,644,968 |
| Savings and temporary cash investments | $32,685,060 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,716,751 |
| 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 | $1,132,796 |
| Net Land, buildings, and equipment | $13,611,589 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,464,448 |
| Total assets | $57,255,612 |
| Accounts payable and accrued expenses | $4,083,735 |
| Grants payable | $0 |
| Deferred revenue | $4,568,330 |
| 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 | $8,629,052 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,361,198 |
| Total liabilities | $18,642,315 |
| Net assets without donor restrictions | $38,613,297 |
| 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 | $57,255,612 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Iri Innovative Resources For Independence Inc has recieved totaling $20,061.
| Awarding Organization | Amount |
|---|---|
Susan Zirkl Z L Memorial Charitable Foundation Trust New York, NY PURPOSE: FOR DAY HABILITATION PROGRAM | $20,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $61 |
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 |