Alternatives Inc
- Assets
- $8.5m
- Revenue
- $21.5m
- Investments
- $0.0
- Employees
- 521
- Location
- Raritan, NJ
- Founding
- 03/1998
- Data as of
- 06/2023
- EIN
- 22-2318999
Organization Overview
Alternatives Inc is located in Raritan, NJ. The organization was established in 1998. 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 06/2023, Alternatives Inc employed 521 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alternatives 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, Alternatives Inc generated $21.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $22.7m during the year ending 06/2023. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE COMPREHENSIVE SERVICES TO INDIVIDUALS/FAMILIES WITH SPECIAL NEEDS TO ENABLE THEM TO REACH THEIR HIGHEST LEVEL OF INDEPENDENCE AND INTEGRATION IN THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESIDENTIAL SERVICES - ALTERNATIVES, INC. PROVIDES RESIDENTIAL SERVICES AND SUPPORT TO ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES (I/DD) TO ENABLE THEM TO DIRECT THEIR OWN LIVES AND TO ULTIMATELY ATTAIN THE HIGHEST POSSIBLE QUALITY OF LIFE (SEE SCHEDULE O FOR DETAILS).
COMMUNITY SERVICES - CONSISTS OF PROGRAMS DEDICATED TO SERVICING INDIVIDUALS WHO STRUGGLE WITH MENTAL HEALTH NEEDS AS WELL AS INDIVIDUALS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES (SEE SCHEDULE O FOR DETAILS).
AFFORDABLE HOUSING PROGRAMS - AFFORDABLE HOUSING IS OFFERED TO CONSUMERS OF ALTERNATIVES, INC. THROUGH AGENCY SPONSORED PROJECTS TO OFFSET THE HIGH COST OF RENTALS AND TO HELP OVERCOME THE OBSTACLES OFTEN ASSOCIATED WITH THE LIMITED INCOMES OF PEOPLE WITH SPECIAL NEEDS ( SEE SCHEDULE O FOR DETAILS).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Good President | Officer | 40 | $188,225 |
Fresia Skoczypec VP Of Program Service | Officer | 40 | $143,079 |
Joe Mattia VP Of Finance | Officer | 40 | $142,234 |
Carolyn Suero VP Of Admissions And Developme | Officer | 40 | $116,998 |
Agatha Niemiec VP Of Human Resources | Officer | 40 | $115,850 |
Nickay Scott Direct Support Professional | 40 | $116,171 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mobility Consulting Co Repairs & Maint | 6/29/23 | $236,677 |
Double D J Const. Contractor | 6/29/23 | $223,325 |
Matthijssen Inc It Consultant | 6/29/23 | $203,390 |
Robert Half International Inc Tempoary Staffing | 6/29/23 | $127,396 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $60,600 |
| Related organizations | $0 |
| Government grants | $1,241,562 |
| All other contributions, gifts, grants, and similar amounts not included above | $280,736 |
| Noncash contributions included in lines 1a–1f | $20,018 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,582,898 |
| Total Program Service Revenue | $19,728,566 |
| Investment income | $36,189 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $43,052 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,498,909 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $665,534 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $904,732 |
| Compensation of current officers, directors, key employees. | $626,990 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $14,826,221 |
| Pension plan accruals and contributions | $123,357 |
| Other employee benefits | $1,250,114 |
| Payroll taxes | $1,365,264 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $267,187 |
| Fees for services: Accounting | $62,044 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $62,907 |
| Advertising and promotion | $51,017 |
| Office expenses | $555,197 |
| Information technology | $239,316 |
| Royalties | $0 |
| Occupancy | $1,294,540 |
| Travel | $221,425 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $25,891 |
| Interest | $37,562 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $423,700 |
| Insurance | $343,721 |
| All other expenses | $29,630 |
| Total functional expenses | $22,749,359 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,800 |
| Savings and temporary cash investments | $1,391,609 |
| Pledges and grants receivable | $115,689 |
| Accounts receivable, net | $2,516,105 |
| 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 | $178,564 |
| Net Land, buildings, and equipment | $2,929,605 |
| Investments—publicly traded securities | $683,663 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $702,978 |
| Total assets | $8,525,013 |
| Accounts payable and accrued expenses | $1,627,590 |
| Grants payable | $552,760 |
| Deferred revenue | $9,563 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $132,358 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $397,892 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,160,331 |
| Total liabilities | $4,880,494 |
| Net assets without donor restrictions | $2,522,695 |
| Net assets with donor restrictions | $1,121,824 |
| 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 | $8,525,013 |
Grants Awarded
Over the last fiscal year, Alternatives Inc has awarded $114,951 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
RENTAL AND UTILITY ASSISTANCE TO CLIENTS PURPOSE: Rental and Utility Assistance to Clients | $61,978 |
STIPEND FOR CLOTHING LAUNDRY AND CLIENT REINFORCE PURPOSE: Stipend for clothing, Laundry & Client Reinforcement | $52,973 |