Nysarc Inc
- Assets
- $13.6m
- Revenue
- $24.4m
- Investments
- $0.0
- Employees
- 512
- Location
- Oneida, NY
- Founding
- 05/1954
- Data as of
- 12/2023
- EIN
- 16-0958020
Organization Overview
Nysarc Inc is located in Oneida, 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 12/2023, Nysarc Inc employed 512 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 $24.4m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $24.4m during the year ending 12/2023. While expenses have increased by 1.1% 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 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 - PROVIDES COMMUNITY-LIKE SETTING FOR DEVELOPMENTALLY DISABLED PERSONS THROUGH A SMALL GROUP SETTING WITH A MINIMUM OF SUPERVISION. 91 CLIENTS SERVED.
VOCATIONAL AND OTHER SERVICES
CLINIC - PROVIDED CLINICAL SUPPORT SERVICES FOR INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES OF ALL AGES WHO ATTEND A CERTIFIED DAY PROGRAM, LIVE IN A CERTIFIED RESIDENCE, LIVE AT HOME, OR ARE INDEPENDENT IN THE COMMUNITY. 1,100 CLIENTS SERVED.
WAIVER SERVICES - MEDICAID FUNDED PROGRAMS WHICH SERVE THE DEVELOPMENTALLY DISABLED. 403 CLIENTS SERVED.
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 |
|---|---|---|---|
Joseph Zifchock President | OfficerTrustee | 1 | $0 |
Maureen Louis Vice President | OfficerTrustee | 1 | $0 |
Randy Schaal Treasurer | OfficerTrustee | 1 | $0 |
Samuel Getman Secretary | OfficerTrustee | 1 | $0 |
Alan Cohen Director | Trustee | 1 | $0 |
Brian Hurley Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mark Slaven Md Psychiatry | 12/30/23 | $329,280 |
Beacon Solutions Group Consulting | 12/30/23 | $294,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $103,751 |
| All other contributions, gifts, grants, and similar amounts not included above | $148,547 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $252,298 |
| Total Program Service Revenue | $23,877,647 |
| Investment income | $18,363 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $205,391 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $24,354,572 |
| 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. | $501,434 |
| Compensation of current officers, directors, key employees. | $501,434 |
| Compensation to disqualified persons | $14,366,468 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $465,368 |
| Other employee benefits | $1,688,867 |
| Payroll taxes | $1,490,200 |
| Fees for services: Management | $61,226 |
| Fees for services: Legal | $15,501 |
| Fees for services: Accounting | $49,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,132,345 |
| Advertising and promotion | $0 |
| Office expenses | $207,380 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $992,197 |
| Travel | $416,174 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $125,219 |
| Interest | $19,532 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $614,722 |
| Insurance | $154,311 |
| All other expenses | $82,030 |
| Total functional expenses | $24,351,321 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,515 |
| Savings and temporary cash investments | $4,093,505 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,635,713 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $93,721 |
| Prepaid expenses and deferred charges | $126,806 |
| Net Land, buildings, and equipment | $2,928,887 |
| Investments—publicly traded securities | $2,542,860 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,169,217 |
| Total assets | $13,622,224 |
| Accounts payable and accrued expenses | $1,683,552 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $131,003 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $566,683 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,069,079 |
| Total liabilities | $3,450,317 |
| Net assets without donor restrictions | $10,171,907 |
| 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 | $13,622,224 |