Nysarc Inc
- Assets
- $8.6m
- Revenue
- $19.6m
- Investments
- $0.0
- Employees
- 350
- Location
- Oneonta, NY
- Founding
- 05/1954
- Data as of
- 12/2022
- EIN
- 16-0953477
Organization Overview
Nysarc Inc, operating under the name Arc Otsego & Otsego Reuse Center, is located in Oneonta, 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, Arc Otsego & Otsego Reuse Center employed 350 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Arc Otsego & Otsego Reuse Center 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, Arc Otsego & Otsego Reuse Center generated $19.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $18.9m during the year ending 12/2022. While expenses have increased by 3.1% 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
TO IMPROVE THE QUALITY OF LIFE FOR PEOPLE WITH INTELLECTUAL AND OTHER DEVELOPMENTAL DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VOCATIONAL SERVICES - 204 INDIVIDUALS ARE SERVED IN A VARIETY OF SITE- AND COMMUNITY- BASED SERVICES INCLUDING PREVOCATIONAL SERVICES, SUPPORTIVE EMPLOYMENT, SCHOOL-TO-WORK TRANSITION, PATHWAYS TO EMPLOYMENT AND OTHER INDIVIDUALIZED EMPLOYMENT TRAINING SUPPORTS AND SERVICES.
RESIDENTIAL SERVICES PROVIDED TO 62 INDIVIDUALS IN BOTH SUPPORTED AND SUPERVISED HOMES CERTIFIED AS INDIVIDUALIZED RESIDENTIAL ALTERNATIVES.
DAY SERVICES - SUPPORTS AND SERVICES ARE PROVIDED TO 79 INDIVIDUALS IN BOTH SITE-BASED AND COMMUNITY-BASED PROGRAMS INCLUDING DAY HABILITATION, DAY HABILITATION WITHOUT WALLS AND DAY TREATMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Walter Hogan President | OfficerTrustee | 1 | $0 |
Joseph Brill Vice President | OfficerTrustee | 1 | $0 |
Laura Bliss Lamb Secretary | OfficerTrustee | 1 | $0 |
Peter Lilja Treasurer | OfficerTrustee | 1 | $0 |
Pamela Grimm Member | Trustee | 1 | $0 |
Margaret Quinn Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Fuller Paving Capital Improvements | 12/30/20 | $457,000 |
Pyramid Business Systems Inc It Services | 12/30/20 | $169,552 |
Stevens Excavation Llc Capital Improvements | 12/30/20 | $125,944 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,895 |
| Fundraising events | $95 |
| Related organizations | $32,577 |
| Government grants | $165,606 |
| All other contributions, gifts, grants, and similar amounts not included above | $56,327 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $257,500 |
| Total Program Service Revenue | $16,794,696 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $850 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,445,219 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,551,908 |
| 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. | $338,639 |
| Compensation of current officers, directors, key employees. | $338,639 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,712,885 |
| Pension plan accruals and contributions | $608,438 |
| Other employee benefits | $1,777,022 |
| Payroll taxes | $948,200 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,853 |
| Fees for services: Accounting | $66,225 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $236,980 |
| Advertising and promotion | $0 |
| Office expenses | $612,248 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $749,272 |
| Travel | $106,540 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $42,210 |
| Interest | $3,233 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $439,523 |
| Insurance | $238,060 |
| All other expenses | $141,543 |
| Total functional expenses | $18,866,222 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,298,161 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,220,671 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $137,323 |
| Prepaid expenses and deferred charges | $65,973 |
| Net Land, buildings, and equipment | $1,443,531 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $393,940 |
| Total assets | $8,559,599 |
| Accounts payable and accrued expenses | $2,300,287 |
| Grants payable | $0 |
| Deferred revenue | $108,666 |
| 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 | $226,789 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $77,125 |
| Total liabilities | $2,712,867 |
| Net assets without donor restrictions | $5,846,732 |
| 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 | $8,559,599 |