Nysarc Inc
- Assets
- $16.3m
- Revenue
- $22.9m
- Investments
- $0.0
- Employees
- 591
- Location
- Ballston Spa, NY
- Founding
- 05/1954
- Data as of
- 12/2021
- EIN
- 14-1465932
Organization Overview
Nysarc Inc, operating under the name Saratoga Bridges, is located in Ballston Spa, NY. The organization was established in 1954. 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 12/2021, Saratoga Bridges employed 591 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Saratoga Bridges 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 12/2021, Saratoga Bridges generated $22.9m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $23.9m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 7 years. 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
NYSARC WAS FOUNDED IN 1949 TO MEET A CRITICAL MISSION - TO IMPROVE THE QUALITY OF LIFE FOR PEOPLE WITH INTELLECTUAL AND OTHER DEVELOPMENTAL DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INDIVIDUAL RESIDENTIAL ALTERNATIVES - COMMUNITY BASED GROUP LIVING ARRANGEMENT WHICH PROVIDES ROOM, BOARD AND PROTECTIVE OVERSIGHT TO ITS RESIDENTS. TOTAL UNITS DURING 2021 WERE APPROXIMATELY 33,000.
INTERMEDIATE CARE FACILITY - RESIDENTIAL PROGRAM PROVIDES A COMMUNITY-LIKE SETTING FOR THE DEVELOPMENTALLY DISABLED THROUGH A SMALL GROUP SETTING. TOTAL UNITS DURING 2021 WERE APPROXIMATELY 7,700.
DAY HABILITATION - PROVIDES ASSISTANCE WITH ACQUISION, RETENTION AND IMPROVEMENT OF SELF-HELP, SOCIALIZATION AND ADAPTIVE SKILLS. TOTAL UNITS DURING 2021 WERE APPROXIMATELY 50,000.
PRE-VOACTIONAL AND FAMILY CARE AND SUPPORT SERVICES WHICH PROVIDE A VARIETY OF LIFE SKILLS, EMPLOYMENT TRAINING, AND FAMILY SUPPORTS FOR INDIVIDUALS WITH INTELLECTUAL AND OTHER DEVELOPMENT DISABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Valerie Muratori Executive Director | Officer | 35 | $211,410 |
Jane Mastaitis Chief Executive Officer | Officer | 40 | $150,901 |
Kimberly Fowler Controller | Officer | 40 | $119,121 |
Dorothy Broekhuizen Chief Operating Officer | Officer | 40 | $102,687 |
Brian J Dwyer CFO (from Oct) | Officer | 35 | $24,232 |
Dr Lawrence Fein President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $808,889 |
| All other contributions, gifts, grants, and similar amounts not included above | $62,646 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $871,535 |
| Total Program Service Revenue | $22,010,003 |
| Investment income | $385 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $61,042 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $22,942,965 |
| 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. | $396,676 |
| Compensation of current officers, directors, key employees. | $396,676 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $14,425,367 |
| Pension plan accruals and contributions | $380,089 |
| Other employee benefits | $1,974,115 |
| Payroll taxes | $1,088,063 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,896 |
| Fees for services: Accounting | $51,008 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $329,648 |
| Advertising and promotion | $70,792 |
| Office expenses | $95,251 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,418,752 |
| Travel | $382,692 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $204,475 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,292,731 |
| Insurance | $0 |
| All other expenses | $305,478 |
| Total functional expenses | $23,943,704 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,150 |
| Savings and temporary cash investments | $2,198,037 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,225,085 |
| 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 | $97,712 |
| Net Land, buildings, and equipment | $7,882,430 |
| Investments—publicly traded securities | $1,467,123 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,414,966 |
| Total assets | $16,291,503 |
| Accounts payable and accrued expenses | $1,597,687 |
| Grants payable | $0 |
| Deferred revenue | $145,751 |
| Tax-exempt bond liabilities | $4,690,462 |
| Escrow or custodial account liability | $342,891 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,029,076 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $755,591 |
| Total liabilities | $8,561,458 |
| Net assets without donor restrictions | $7,457,922 |
| Net assets with donor restrictions | $272,123 |
| 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 | $16,291,503 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Nysarc Inc has recieved totaling $10,699.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $10,699 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nonotuck Resource Associates Northampton, MA | $18,873,235 | $49,340,481 |
Road To Responsibility Inc Marshfield, MA | $19,565,169 | $50,589,105 |
Nysarc Inc Williamsville, NY | $31,860,300 | $46,137,521 |
Nysarc Inc Montgomery County Chapter Amsterdam, NY | $44,455,992 | $44,789,753 |
Berkshire County Arc Inc Pittsfield, MA | $12,681,001 | $47,437,014 |
Consumer Directed Choices Albany, NY | $21,497,712 | $46,559,698 |
Center For Family Support Inc New York, NY | $27,265,278 | $49,190,549 |
Nysarc Inc Port Henry, NY | $36,303,802 | $46,373,007 |
Franziska Racker Centers Inc Ithaca, NY | $26,737,255 | $41,949,573 |
Community Services For Every1 Inc Buffalo, NY | $25,615,845 | $41,228,210 |
Merakey Idd Philadelphia Lafayette Hill, PA | $7,978,581 | $40,844,879 |
Elwyn New Jersey Vineland, NJ | $27,014,693 | $42,002,366 |