Ladacin Network Inc

Organization Overview

Ladacin Network Inc is located in Wanamassa, NJ. The organization was established in 1976. According to its NTEE Classification (G20) the organization is classified as: Birth Defects & Genetic Diseases, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 06/2023, Ladacin Network Inc employed 578 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ladacin Network 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 06/2023, Ladacin Network Inc generated $32.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $30.5m during the year ending 06/2023. While expenses have increased by 2.7% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE EDUCATION, THERAPY, SOCIAL, RESIDENTIAL AND OTHER SUPPORT SERVICES TO PEOPLE WITH DEVELOPMENTAL AND OTHER PHYSICAL DISABILITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OUR STATE-APPROVED PRIVATE SCHOOLS OFFER HIGH-QUALITY SPECIAL EDUCATION FOR CHILDREN AGES 3-21 WITH MULTIPLE PHYSICAL AND DEVELOPMENTAL DISABILITIES FOR 223 PROGRAM DAYS. SINCE 1956 WE HAVE PROVIDED AN ARRAY OF COMPREHENSIVE SERVICES TO ADDRESS THE WHOLE CHILD, ENSURING THEY DISCOVER AND DEVELOP THEIR INDIVIDUAL STRENGTHS AND ABILITIES USING ALL THE TECHNOLOGY, SUPPORTS, AND ACCOMMODATIONS THEY REQUIRE. WE SERVE CHILDREN THROUGHOUT MONMOUTH AND OCEAN COUNTIES, AND THE SURROUNDING AREAS. EACH STUDENT'S PROGRAM IS INDIVIDUALIZED AND BASED UPON THEIR INDIVIDUAL EDUCATION PLAN (IEP) WHICH IS DEVELOPED IN CONJUNCTION WITH THE FAMILY AND THE DISTRICT CHILD STUDY TEAM.THE SCHOOLS ARE PART OF LADACIN NETWORK, INC., AN ORGANIZATION THAT UTILIZES A TRANSDISCIPLINARY PHILOSOPHY TO DELIVER SERVICES. OUR TEAM FOLLOWS THIS UNIQUE TRANSDISCIPLINARY APPROACH WHICH ENCOMPASSES THE MEDICAL (INCLUDING NURSING AND VARIOUS CLINICS), EDUCATIONAL (SPECIALIZED CURRICULUM), THERAPEUTIC (OCCUPATIONAL, PHYSICAL AND SPEECH THERAPY), AND SOCIAL ASPECTS OF AN INDIVIDUAL'S DEVELOPMENT.ALL SERVICES ARE AVAILABLE IN PERSON AND REMOTELY.


PROVIDED EARLY INTERVENTION SERVICES, PRIMARILY IN THE FAMILY HOME, FOR 505 FAMILIES ON AVERAGE. ALSO PROVIDED ELIGIBILITY EVALUATIONS FOR EARLY INTERVENTION SERVICES TO AN AVERAGE OF 125 CHILDREN PER MONTH IN MONMOUTH COUNTY. OUR TARGETED EVALUATION TEAM ALSO PROVIDED ANNUAL EVALUATIONS (AVERAGE 40 PER MONTH), EXIT EVALUATIONS (AVERAGE 30 PER MOUTH), ADDITIONAL ASSESSMENTS (AVERAGE 25 PER MONTH) AND IFSP SERVICES (AVERAGE 120 PER MONTH).


PROVIDED EDUCATION, THERAPY, AND TRANSPORTATION TO ADULTS WITH MULTIPLE PHYSICAL DISABILITIES. PROGRAMS PROVIDE EDUCATIONAL, PREVOCATIONAL, SOCIAL, THERAPEUTIC, AND RECREATIONAL OPPORTUNITIES IN ATTRACTIVE, BARRIER FREE ENVIRONMENTS FOR ADULTS WITH MULTIPLE PHYSICAL DISABILITIES. VOCATIONAL TRAINING POSSIBILITIES INCLUDE FOOD SERVICE, COMPUTER/OFFICE SKILLS, MAINTENANCE/CUSTODIAL SKILLS, AND CHILD CARE. EVALUATION AND TRAINING IN THE USE OF ASSISTIVE TECHNOLOGY IS INTEGRATED INTO THE PROGRAMS. PHYSICAL THERAPY, OCCUPATIONAL THERAPY, AND SPEECH LANGUAGE THERAPY MAY BE PROVIDED AS COMPONENTS OF A TRANSDISCIPLINARY APPROACH TO SERVICE DELIVERY. ADDITIONAL FUNDING FOR THIS PROGRAM IS PROVIDED THROUGH FEDERAL GRANTS, AS SHOWN ON FORM 990, PART VIII, LINE 1E.


RESIDENTIAL OPTIONS CONSIST OF 9 LOCATIONS, 6 GROUP HOMES, 2 SUPPORTED/SUPERVISED APARTMENTS AND 1 INDEPENDENT LIVING APARTMENT COMPLEX. THESE LOCATIONS PROVIDE 24/7 RESIDENTIAL CARE TO 84 ADULTS WITH MULTIPLE PHYSICAL AND DEVELOPMENTAL DISABILITIES. PERSONAL ASSISTANT SERVICES ARE PROVIDED TO THE TENANTS IN THEIR RESIDENCE. ALL RESIDENCES ARE ACCESSIBLE AND BARRIER FREE. WHEELCHAIR EQUIPPED VEHICLES ARE ALSO AVAILABLE AT EACH RESIDENCE TO ASSIST TENANTS WITH ATTENDING DAY PROGRAMS, COMMUNITY INTEGRATION ACTIVITIES, AND MEDICAL APPOINTMENTS. THESE PROGRAMS ARE SUBSIDIZED BY FUNDS AVAILABLE FROM HUD AND NJ DHS.


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Board, Officers & Key Employees

Name (title)Compensation
Stephen F Bell CPA
President
$0
Victor Sbailo
Vice President
$0
Mary Hartnett ESQ
Secretary
$0
Nancy Kegelman Edd
Treasurer
$0
William Collopy
Member
$0
Christine Russell Gray
Member
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Education Facility Management Llc
Daily Cleaning Service
$191,400
Cohn Reznick
Audit
$126,100
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$427
Membership dues$0
Fundraising events$193,135
Related organizations$0
Government grants $805,684
All other contributions, gifts, grants, and similar amounts not included above$576,635
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,575,881
Total Program Service Revenue$29,982,192
Investment income $156,342
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $59,162
Net Gain/Loss on Asset Sales $330,000
Net Income from Fundraising Events $55,771
Net Income from Gaming Activities $57,806
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $32,275,164

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