Cds Life Transitions Inc
- Assets
- $27.1m
- Revenue
- $45.9m
- Investments
- $0.0
- Employees
- 539
- Location
- Webster, NY
- Founding
- 03/2016
- Data as of
- 12/2022
- EIN
- 47-5672694
Organization Overview
Cds Life Transitions Inc is located in Webster, NY. The organization was established in 2016. According to its NTEE Classification (P11) the organization is classified as: Single Organization Support, under the broad grouping of Human Services and related organizations. As of 12/2022, Cds Life Transitions Inc employed 539 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cds Life Transitions 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 Life Transitions Inc generated $45.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 39.9% each year . All expenses for the organization totaled $38.2m during the year ending 12/2022. While expenses have increased by 36.2% 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 PROMOTE AND SUPPORT COMMUNITY HEALTH AND THE WELLBEING OF SENIORS, THE INFIRM, DEVELOPMENTALLY DISABLED PERSONS, AND OTHER PERSONS WITH DISABILITIES RESIDING IN ROCHESTER, NEW YORK AND THE FINGER LAKES REGIONS INCLUDING, AND MORE SPECIFICALLY, BY SUPPORTING THE ACTIVITIES OF CDS MONARCH, INC. AND SUCH OTHER AFFILIATED ENTITIES CURRENTLY EXISTING OR THAT ARE TO BE FORMED, FILL THE MISSION OF CDS LIFE TRANSITIONS, INC. AND/OR CDS MONARCH, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES MANAGEMENT AND OTHER GENERAL SERVICES TO CDS AND OTHER ENTITIES SERVING THE SAME POPULATION.
CDS HOUSING, LLC, A SINGLE MEMBER LLC OF CDS LIFE TRANSITIONS, INC. PROVIDES MODERN AND AFFORDABLE COMMUNITY-BASED HOUSING FOR SENIOR CITIZENS, INDIVIDUALS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES, VETERANS, AND FAMILIES.
PRIME CARE COORDINATION, LLC OPERATES AS A CARE COORDINATION ORGANIZATION FOR THE COORDINATION OF HOME AND COMMUNITY-BASED SERVICES TO INDIVIDUALS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregory Gribben Board Chair | OfficerTrustee | 1 | $0 |
Mark Peterson Board Vice Chair | OfficerTrustee | 1 | $0 |
Jennifer Carlson Board Vice Chair | OfficerTrustee | 1 | $0 |
Patrick Manuel Treasurer | OfficerTrustee | 1 | $0 |
Richard Yarmel Secretary | OfficerTrustee | 1 | $0 |
Glenn Pezzulo Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Csd Housing Consulting Services | 12/30/22 | $200,000 |
Justin Mccarthy Consulting Llc Consulting Services | 12/30/22 | $120,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $107,933 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $107,933 |
| Total Program Service Revenue | $45,723,057 |
| Investment income | $18,396 |
| 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 | $45,885,843 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,000 |
| 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. | $1,908,141 |
| Compensation of current officers, directors, key employees. | $1,908,141 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $24,332,740 |
| Pension plan accruals and contributions | $261,862 |
| Other employee benefits | $2,906,077 |
| Payroll taxes | $2,181,840 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $158,073 |
| Fees for services: Accounting | $85,151 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,485,361 |
| Advertising and promotion | $129,512 |
| Office expenses | $135,469 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $805,130 |
| Travel | $416,425 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $171,373 |
| Interest | $102,145 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $204,457 |
| Insurance | $119,264 |
| All other expenses | $0 |
| Total functional expenses | $38,165,193 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,980,297 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,154,343 |
| 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 | $282,913 |
| Net Land, buildings, and equipment | $589,798 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,136,534 |
| Total assets | $27,143,885 |
| Accounts payable and accrued expenses | $4,544,118 |
| 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 | $947,608 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,044,113 |
| Total liabilities | $6,535,839 |
| Net assets without donor restrictions | $20,608,046 |
| 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 | $27,143,885 |
Grants Awarded
Over the last fiscal year, Cds Life Transitions Inc has awarded $1,820,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CDS WOLF FOUNDATION INC PURPOSE: TO ASSIST WITH THE MISSION OF THE CDS WOLF FOUNDATION, INC. | $10,000 |
CDS MONARCH INC PURPOSE: ASSIST WITH THE MISSION OF CDS MONARCH, INC. | $900,000 |
CDS WOLF FOUNDATION INC PURPOSE: TO ASSIST WITH THE MISSION OF THE CDS WOLF FOUNDATION, INC. | $10,000 |
CDS MONARCH INC PURPOSE: ASSIST WITH THE MISSION OF CDS MONARCH, INC. | $900,000 |