Nysarc Inc
- Assets
- $28.0m
- Revenue
- $52.3m
- Investments
- $2.1m
- Employees
- 399
- Location
- Olean, NY
- Founding
- 05/1954
- Data as of
- 12/2022
- EIN
- 16-0818293
Organization Overview
Nysarc Inc, operating under the name Intandem, is located in Olean, 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 12/2022, Intandem employed 399 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Intandem 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 12/2022, Intandem generated $52.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $50.5m during the year ending 12/2022. While expenses have increased by 14.4% per year over the past 8 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
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
RESIDENTIAL PROGRAMS- PROVIDES COMMUNITY LIVING OPTIONS TO ADULTS AND CHILDREN WITH DEVELOPMENTAL DISABILITIES BY PROVIDING SAFE, COMFORTABLE HOMES WITH VARYING LEVELS OF SUPERVISION. ALSO, INSTRUCT PEOPLE WE SERVE IN COMMUNITY LIVING SKILLS. APPROXIMATELY 277 PERSONS SERVED.
DAY SERVICES - PROVIDES DAY PROGRAMMING TO ADULTS WITH DEVELOPMENTAL DISABILITIES. IN ADDITION TO INSTRUCTION IN DAILY LIVING SKILLS, DAY SERVICES OFFERS PARTICIPANTS OPPORTUNITIES FOR COMMUNITY INTEGRATION WITH A GOAL OF INCREASING INDEPENDENCE. APPROXIMATELY 389 PERSONS SERVED.
TRANSPORTATION - PROVIDES TRANSPORTATION TO INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES TO AND FROM DAY PROGRAMS. APPROXIMATELY 304 PERSONS SERVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raphael Smith Chairperson | OfficerTrustee | 1 | $0 |
Margie Proto Vice Chairperson | OfficerTrustee | 1 | $0 |
Michael Macwilliams Director | Trustee | 1 | $0 |
Patricia Minarcin Director | Trustee | 1 | $0 |
Melissa Tower Director | Trustee | 1 | $0 |
Jeanne Schmidt Secretary/treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pls Iii Llc Dba Cedar Bus Company Transportation | 12/30/22 | $1,168,198 |
First Transit Inc Transportation | 12/30/22 | $632,747 |
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 | $55,969 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,969 |
| Total Program Service Revenue | $52,205,264 |
| Investment income | $46,161 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $18,399 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $52,325,793 |
| 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. | $498,481 |
| Compensation of current officers, directors, key employees. | $498,481 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,172,982 |
| Pension plan accruals and contributions | $119,345 |
| Other employee benefits | $2,027,872 |
| Payroll taxes | $1,289,908 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $49,793 |
| Fees for services: Accounting | $84,593 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,998,289 |
| Advertising and promotion | $32,718 |
| Office expenses | $847,583 |
| Information technology | $361,305 |
| Royalties | $0 |
| Occupancy | $1,185,796 |
| Travel | $747,250 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,209 |
| Interest | $56,876 |
| Payments to affiliates | $121,015 |
| Depreciation, depletion, and amortization | $1,080,530 |
| Insurance | $687,837 |
| All other expenses | $1,071,557 |
| Total functional expenses | $50,456,475 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,720 |
| Savings and temporary cash investments | $12,712,327 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,287,514 |
| 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 | $476,861 |
| Net Land, buildings, and equipment | $3,183,153 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,148,136 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,171,350 |
| Total assets | $27,994,061 |
| Accounts payable and accrued expenses | $1,541,490 |
| Grants payable | $0 |
| Deferred revenue | $4,520,691 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $1,225,930 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $684,012 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $521,459 |
| Total liabilities | $8,493,582 |
| Net assets without donor restrictions | $19,240,345 |
| Net assets with donor restrictions | $260,134 |
| 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 | $27,994,061 |