Nysarc Inc
- Assets
- $35.0m
- Revenue
- $47.2m
- Investments
- $0.0
- Employees
- 855
- Location
- Port Henry, NY
- Founding
- 10/1972
- Data as of
- 12/2023
- EIN
- 14-1563885
Organization Overview
Nysarc Inc is located in Port Henry, NY. The organization was established in 1972. 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 12/2023, Nysarc Inc employed 855 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Nysarc 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 12/2023, Nysarc Inc generated $47.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $48.3m during the year ending 12/2023. While expenses have increased by 1.4% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
NYSARC WAS FOUNDED IN 1949 TO MEET A CRTICAL 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
RESIDENTIAL SERVICESMOUNTAIN LAKE SERVICES OPERATES INDIVIDUAL RESIDENTIAL ALTERNATIVES (IRA'S). EACH PERSON LIVING IN AN IRA IS OFFERED INDIVIDUALIZED SUPPORT AND OPPORTUNITIES IN AN ENVIRONMENT WHERE S/HE CAN ENJOY FULL PARTICIPATION IN DAILY LIFE, BOTH AT HOME AND IN THE COMMUNITY. THE RESIDENCES ARE STAFFED AS NEEDED AND TRAINING IS PROVIDED IN VARIOUS DAILY LIVING SKILLS INCLUDING COOKING, SHOPPING, MANAGING MONEY, PERSONAL HYGIENE AND OTHER SKILLS TO FOSTER SELF-SUFFICIENCY.
DAY HABILITATIONTHESE SERVICES GIVE INDIVIDUALS OPPORTUNITY TO CHOOSE FULFILLING AND USEFUL PURSUITS ACCORDING TO THEIR SKILL LEVEL. THE AGENCY MAKES IT POSSIBLE FOR EACH INDIVIDUAL TO ESTABLISH A PRESENCE IN THEIR HOME COMMUNITY AND TO DEVELOP A ROLE IN THOSE COMMUNITIES WHICH IS NOW RECOGNIZED BY THEMSELVES AND OTHERS AS VALUABLE. THE AGENCY TRAINS INDIVIDUALS WITH SPECIFIC SKILLS AND PROVIDES REQUIRED CLINICAL AND OTHER SUPPORTS TO ENSURE SUCCESS.
FIMOUNTAIN LAKE SERVICES SUPPORTS INDIVIDUALS WHO ARE ELIGIBLE FOR HCBS MEDICAID WAIVER SERVICES; AND, WHO HAVE CHOSEN SELF-DIRECTION AS A MEANS OF SECURING UNIQUE COMBINATIONS OF SUPPORTS AND SERVICES THAT HELP THEM LIVE THE LIFE THEY WANT. OUR FISCAL INTERMEDIARY SERVICES SUPPORT THOSE WHO SELF-DIRECT THEIR INDIVIDUALIZED BUDGETS BY COMPLETING TASKS SUCH AS BILLING AND PAYMENT OF APPROVED GOODS AND SERVICES, FISCAL ACCOUNTING AND REPORTING, MEDICAID COMPLIANCE AND GENERAL ADMINISTRATIVE SUPPORTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cherie Indelicato ESQ Secretary | OfficerTrustee | 1 | $0 |
Shelley Winters Vice President | OfficerTrustee | 1 | $0 |
Laurie Kelley President | OfficerTrustee | 1 | $0 |
Diane Lashway Treasurer | OfficerTrustee | 1 | $0 |
John Deming Director | Trustee | 1 | $0 |
Nina Matteau Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Med-care Administrators Medical Billing | 12/30/21 | $128,541 |
Wmk Llc Wheelchair Vans | 12/30/21 | $120,984 |
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 | $184,340 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $184,340 |
| Total Program Service Revenue | $46,441,223 |
| Investment income | $501,748 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $58,546 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $47,246,369 |
| 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. | $482,163 |
| Compensation of current officers, directors, key employees. | $482,163 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $29,623,130 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,091,170 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,869 |
| Fees for services: Accounting | $47,616 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $652,918 |
| Advertising and promotion | $0 |
| Office expenses | $2,054,710 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,288,096 |
| Travel | $695,878 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $204,368 |
| Interest | $14,935 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $730,695 |
| Insurance | $252,436 |
| All other expenses | $268,516 |
| Total functional expenses | $48,335,697 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,169,836 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,372,762 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $552,837 |
| Prepaid expenses and deferred charges | $330,339 |
| Net Land, buildings, and equipment | $2,852,732 |
| Investments—publicly traded securities | $20,980,299 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $754,337 |
| Total assets | $35,013,142 |
| Accounts payable and accrued expenses | $5,262,216 |
| Grants payable | $0 |
| Deferred revenue | $808,000 |
| 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 | $523,352 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $322,526 |
| Total liabilities | $6,916,094 |
| Net assets without donor restrictions | $28,097,048 |
| 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 | $35,013,142 |