Cds Monarch Inc
- Assets
- $50.1m
- Revenue
- $62.5m
- Investments
- $0.0
- Employees
- 713
- Location
- Webster, NY
- Founding
- 01/1978
- Data as of
- 12/2022
- EIN
- 16-1089115
Organization Overview
Cds Monarch Inc is located in Webster, NY. The organization was established in 1978. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. As of 12/2022, Cds Monarch Inc employed 713 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cds Monarch 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 12/2022, Cds Monarch Inc generated $62.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $61.2m during the year ending 12/2022. While expenses have increased by 4.3% 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.
Since 2016, Cds Monarch Inc has awarded 14 individual grants totaling $19,392,446. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CDS MONARCH ASSISTS PEOPLE WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES TO LIVE AND THRIVE IN THEIR COMMUNITIES BY DELIVERING HIGH-QUALITY, PERSONALIZED LIFE PLANNING AND TRANSITION SUPPORT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESIDENTIAL PROGRAM FOR DEVELOPMENTALLY DISABLED ADULTS PROVIDES LIVING, WORKING, AND SOCIALIZATION IN THE COMMUNITY. NUMBER SERVED IS 221.
EMPLOYMENT PROGRAMS FOR DEVELOPMENTALLY DISABLED ADULTS PROVIDES EMPLOYMENT, JOB TRAINING, AND PLACEMENT SERVICES. NUMBER SERVED IS 191.
DAY HABILITATION PROGRAM FOR DEVELOPMENTALLY DISABLED ADULTS PROVIDES LIFE SKILLS, EDUCATION, TRAINING AND THERAPY. NUMBER SERVED IS 272.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Woodard Board Member | Trustee | 1 | $0 |
Jennifer Carlson Board Chair | OfficerTrustee | 1 | $0 |
Jean Lowe Board Member | Trustee | 1 | $0 |
Richard Yarmel Board Vice Chair/secretary (as Of 5/5/2022) | OfficerTrustee | 1 | $0 |
Jerry Mccullough Secretary Through 5/4/22 | OfficerTrustee | 1 | $0 |
Pat Manuel Treasurer | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sunoco Llc Vehicle Fuel | 12/30/22 | $448,747 |
North Forest Properties #3 Llc Rent | 12/30/22 | $164,021 |
Pm Starr Enterprises Llc Rent | 12/30/22 | $135,021 |
Bruce E Schulze Improvements Maintenance | 12/30/22 | $112,865 |
Steve Singley S S Landscaping Maintenance | 12/30/22 | $109,518 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $43,699 |
| Government grants | $10,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $171,352 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $225,051 |
| Total Program Service Revenue | $61,793,731 |
| Investment income | $208,949 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $62,517,044 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,259,799 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $26,227,739 |
| Pension plan accruals and contributions | $510,063 |
| Other employee benefits | $2,474,138 |
| Payroll taxes | $2,909,772 |
| Fees for services: Management | $8,635,468 |
| Fees for services: Legal | $22,701 |
| Fees for services: Accounting | $72,189 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $281,214 |
| Advertising and promotion | $0 |
| Office expenses | $552,876 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,185,868 |
| Travel | $179,176 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $253,017 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,365,592 |
| Insurance | $209,481 |
| All other expenses | $335,590 |
| Total functional expenses | $61,197,677 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,869 |
| Savings and temporary cash investments | $7,803,238 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,377,958 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $11,892,244 |
| Inventories for sale or use | $1,789,789 |
| Prepaid expenses and deferred charges | $403,213 |
| Net Land, buildings, and equipment | $13,441,027 |
| Investments—publicly traded securities | $176,000 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,191,345 |
| Total assets | $50,079,683 |
| Accounts payable and accrued expenses | $5,247,567 |
| Grants payable | $0 |
| Deferred revenue | $205,755 |
| Tax-exempt bond liabilities | $2,965,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $3,027,093 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,334,728 |
| Total liabilities | $17,780,143 |
| Net assets without donor restrictions | $32,299,540 |
| 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 | $50,079,683 |
Grants Awarded
Over the last fiscal year, Cds Monarch Inc has awarded $11,135,930 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CDS WOLF FOUNDATION INC PURPOSE: TO ASSIST CDS WOLF FOUNDATION IN ITS FUNDRAISING AND INVESTMENT ACTIVITIES | $5,562,642 |
WARRIOR SALUTE VETERAN SERVICES PURPOSE: TO ASSIST WARRIOR SALUTE WITH ITS PROGRAM ACTIVITIES | $5,323 |
CDS WOLF FOUNDATION INC PURPOSE: TO ASSIST CDS WOLF FOUNDATION IN ITS FUNDRAISING AND INVESTMENT ACTIVITIES | $5,562,642 |
WARRIOR SALUTE VETERAN SERVICES PURPOSE: TO ASSIST WARRIOR SALUTE WITH ITS PROGRAM ACTIVITIES | $5,323 |