Center For Vocational Rehabilitation Inc
- Assets
- $4.3m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 205
- Location
- Eatontown, NJ
- Founding
- 11/1957
- Data as of
- 03/2023
- EIN
- 21-0689134
Organization Overview
Center For Vocational Rehabilitation Inc is located in Eatontown, NJ. The organization was established in 1957. According to its NTEE Classification (J30) the organization is classified as: Vocational Rehabilitation, under the broad grouping of Employment and related organizations. As of 03/2023, Center For Vocational Rehabilitation Inc employed 205 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center For Vocational Rehabilitation 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 03/2023, Center For Vocational Rehabilitation Inc generated $3.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $3.6m during the year ending 03/2023. 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
VOCATIONAL REHABILITATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
VOCATIONAL REHABILITATION - COUNSELING, TRAINING, AND EVALUATING THE HANDICAPPED IN AN EFFORT FOR THEM TO ATTAIN A CERTAIN LEVEL OF INDEPENDENCE AND PRODUCTIVITY
EMPLOYMENT AND TRAINING - JOB COACHING, TRAINING HANDICAPPED INDIVIDUALS IN PARTICULAR JOBS AND JOB FUNCTIONS AT A JOB SITE SO THAT THEY CAN MAINTAIN EMPLOYMENT AND BE PRODUCTIVE INDIVIDUALS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Geer Board Member | Trustee | 1 | $0 |
Allan Goldberg Board Treasu | Trustee | 1 | $0 |
Stephen Johnson Board Member | Trustee | 1 | $0 |
Edward V Moro Chairman Eme | Trustee | 1 | $0 |
Robert Simmons Board Member | Trustee | 1 | $0 |
Robert Walsh Treasurer | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,860,334 |
| All other contributions, gifts, grants, and similar amounts not included above | $108,837 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,969,171 |
| Total Program Service Revenue | $1,842,477 |
| Investment income | $15,748 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $39,211 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $32,278 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,915,327 |
| 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. | $272,294 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,102,786 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $131,590 |
| Payroll taxes | $187,468 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $49,178 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $23,457 |
| Advertising and promotion | $31,672 |
| Office expenses | $145,891 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $110,422 |
| Travel | $211,546 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $52,941 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $179,043 |
| Insurance | $135,852 |
| All other expenses | $11,514 |
| Total functional expenses | $3,645,654 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $198,773 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $263,916 |
| Accounts receivable, net | $266,830 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $13,962 |
| Net Land, buildings, and equipment | $1,760,455 |
| Investments—publicly traded securities | $1,273,483 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $490,251 |
| Total assets | $4,267,670 |
| Accounts payable and accrued expenses | $44,112 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $989,293 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,033,405 |
| Net assets without donor restrictions | $3,234,265 |
| 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 | $4,267,670 |