Hamaspik Of Kings County Inc
- Assets
- $76.4m
- Revenue
- $152.1m
- Investments
- $0.0
- Employees
- 2,566
- Location
- Brooklyn, NY
- Founding
- 01/1998
- Data as of
- 06/2022
- EIN
- 16-1522895
Organization Overview
Hamaspik Of Kings County Inc is located in Brooklyn, NY. The organization was established in 1998. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. As of 06/2022, Hamaspik Of Kings County Inc employed 2,566 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hamaspik Of Kings County 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 06/2022, Hamaspik Of Kings County Inc generated $152.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 38.8% each year . All expenses for the organization totaled $121.1m during the year ending 06/2022. While expenses have increased by 36.0% per year over the past 7 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 PROVIDE HEALTH AND HUMAN SERVICES FOR INDIVIDUALS IN NEED, ENABLING THEM TO ACHIEVE THEIR HIGHEST POTENTIAL AND ENHANCE THE QUALITY OF THEIR LIVES TO THE FULLEST. HAMASPIK'S WORK IS CARRIED ON IN AN ATMOSPHERE OF COMPASSION AND PROFESSIONALISM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HCBS RESPITE: PROVISION OF TEMPORARY, SHORT-TERM RELIEF FOR FAMILIES AND CARE PROVIDERS WHICH ENABLES THEM TO ARRANGE FOR THEIR VACATIONS, EMERGENCY COVERAGE IN THE EVENT OF FAMILY OR PROVIDER ILLNESS OR DEATH, OR FOR A BREAK FROM CONSTANT, INTENSIVE PARTICIPANT CARE AND SUPERVISION.
OTHER PROGRAMS PROVIDE OTHER SERVICES TO THE DEVELOPMENTALLY DISABLED POPULATION. THESE PROGRAMS INCLUDE BUT ARE NOT LIMITED TO, INDIVIDUAL RESIDENTIAL ALTERNATIVE (IRA), CARE MANAGEMENT AGENCY, HOME FAMILY CARE (HFC), DAY HABILITATION, INDIVIDUAL SUPPORT SERVICES (ISS), COMMUNITY ADVOCACY AND SUPPORT, FISCAL INTERMEDIARY, INDIVIDUAL-DIRECTED GOODS AND SERVICES (IDGS) AND PREVOCATIONAL.
COMMUNITY HABILITATION: HOURLY COMMUNITY HABILITATION SERVICES ARE HABILITATION SERVICES THAT ARE PROVIDED TO INDIVIDUALS WHO DO NOT RESIDE IN A RESIDENCE WHICH IS CERTIFIED OR OPERATED BY OPWDD. SUPPORTS INCLUDE ADAPTIVE SKILL DEVELOPMENT, ASSISTANCE WITH ACTIVITIES OF DAILY LIVING (HANDS-ON), COMMUNITY INCLUSION AND RELATIONSHIP BUILDING, TRAINING AND SUPPORT FOR INDEPENDENCE IN TRAVEL, TRANSPORTATION, ADULT EDUCATIONAL SUPPORTS, DEVELOPMENT OF SOCIAL SKILLS, LEISURE SKILLS, SELF-ADVOCACY AND INFORMED CHOICE SKILLS, AND APPROPRIATE BEHAVIOR DEVELOPMENT TO HELP THE INDIVIDUAL ACCESS THEIR COMMUNITY.
CHILD & YOUTH HCBS CONSOLIDATED WAIVER CAREGIVER/FAMILY SUPPORTS & SERVICES: TO MAINTAIN INDIVIDUALS UNDER THE AGE OF 21 WITH SERIOUS EMOTIONAL DISTURBANCE (SED) IN THEIR HOMES AND COMMUNITIES WHO WOULD OTHERWISE BE IN HOSPITAL LEVELS OF CARE BY REIMBURSING FOR NON-TRADITIONAL SERVICES. THIS SERVICE ENHANCES THE INDIVIDUALS ABILITY TO FUNCTION AS PART OF A CAREGIVER/FAMILY UNIT AND ENHANCES THE CAREGIVER/FAMILYS ABILITY TO CARE FOR THE INDIVIDUAL IN THE HOME AND/OR COMMUNITY. SERVICES MAY INCLUDE: INTERACT AND ENGAGE TO OFFER EDUCATIONAL, ADVOCACY, AND SUPPORT RESOURCES TO DEVELOP FAMILYS ABILITY TO INDEPENDENTLY ACCESS COMMUNITY SERVICES AND ACTIVITIES; MAINTAIN AND ENCOURAGE SELF-SUFFICIENCY IN CARING FOR THE INDIVIDUAL IN THE HOME AND COMMUNITY, AND EDUCATE AND TRAIN THE CAREGIVER UNIT ON RESOURCE AVAILABILITY SO THAT THEY MIGHT BETTER SUPPORT AND ADVOCATE FOR THE NEEDS OF THE CHILD AND APPROPRIATELY ACCESS NEEDED SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Moshe Cohn President | OfficerTrustee | 1 | $0 |
David Kohn Vice Preside | OfficerTrustee | 1 | $0 |
Meyer Wertheimer Member | OfficerTrustee | 1 | $0 |
Joel Rubin Member | OfficerTrustee | 1 | $0 |
Tzvi Wertheimer Executive Di | Officer | 40 | $432,806 |
Naftali Tessler C H Director | 40 | $222,067 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Congregation Lhisalos Hatalmidim Direct Care | 6/29/22 | $11,770,473 |
Eom Retailers Construction | 6/29/22 | $3,413,561 |
Ny Major Construction Inc Construction | 6/29/22 | $2,732,756 |
Yeoded Direct Care | 6/29/22 | $1,977,525 |
Go Forward Payroll Direct Care | 6/29/22 | $1,967,107 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,421,655 |
| All other contributions, gifts, grants, and similar amounts not included above | $147,615 |
| Noncash contributions included in lines 1a–1f | $3,421,655 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,569,270 |
| Total Program Service Revenue | $148,328,526 |
| Investment income | $3,359 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $230,024 |
| 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 | $152,132,549 |
| 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. | $532,380 |
| Compensation of current officers, directors, key employees. | $532,380 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $53,365,700 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,563,055 |
| Payroll taxes | $4,616,048 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $181,731 |
| Fees for services: Accounting | $40,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $24,950,920 |
| Advertising and promotion | $1,684,253 |
| Office expenses | $3,874,998 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,968,622 |
| Travel | $1,557,711 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $169,229 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,601,338 |
| Insurance | $512,931 |
| All other expenses | $1,577,471 |
| Total functional expenses | $121,067,560 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,680,590 |
| Savings and temporary cash investments | $2,434,528 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $35,929,253 |
| Loans from Officers, Directors, or Controlling Persons | $9,302,564 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $39,580 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $398,675 |
| Net Land, buildings, and equipment | $18,139,859 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $448,812 |
| Total assets | $76,373,861 |
| Accounts payable and accrued expenses | $16,322,087 |
| Grants payable | $0 |
| Deferred revenue | $317,998 |
| 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 | $2,920,111 |
| Unsecured mortgages and notes payable | $2,000,000 |
| Other liabilities | $268,135 |
| Total liabilities | $21,828,331 |
| Net assets without donor restrictions | $54,545,530 |
| 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 | $76,373,861 |