Nursing & Therapy Services Of Co Inc
- Assets
- $14.2m
- Revenue
- $20.4m
- Investments
- $0.0
- Employees
- 329
- Location
- Colorado Springs, CO
- Founding
- 08/2003
- Data as of
- 12/2023
- EIN
- 84-1554677
Organization Overview
Nursing & Therapy Services Of Co Inc is located in Colorado Springs, CO. The organization was established in 2003. According to its NTEE Classification (E92) the organization is classified as: Home Health Care, under the broad grouping of Health Care and related organizations. As of 12/2023, Nursing & Therapy Services Of Co Inc employed 329 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nursing & Therapy Services Of Co 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 12/2023, Nursing & Therapy Services Of Co Inc generated $20.4m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $17.8m during the year ending 12/2023. While expenses have increased by 1.3% per year over the past 9 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
EMPOWERING EVERY AGE AT EVERY STAGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOME HEALTH: HOME NURSING CARE SERVICES TO PEDIATRIC PATIENTS WITH DISABILITIES, INCLUDING CNA CARE IN THE HOME, PHYSICAL, OCCUPATIONAL, AND SPEECH THERAPY, OUTPATIENT CLINIC THERAPIES, AND SKILLED NURSING. THE ORGANIZATION EMPHASIZES TRAINING FAMILIES TO BECOME INDEPENDENT.
CASE MANAGEMENT: WAIVER CASE MANAGEMENT SERVICES FOR THE C-HCBS AND CWA WAIVERS.
OUTPATIENT THERAPY CLINIC: THERAPY FOR SPECIAL NEEDS CHILDREN, SPECIAL NEEDS ADULTS, AND OTHER ADULTS AS WELL. THE ORGANIZATION PROVIDES SPECIAL AWARENESS AND ATTENTION TO SENSORY ISSUES IN CLIENTS.
CERTIFIED NURSE AIDE TRAINING PROGRAM: TRAINING FOR PARENTS OF SPECIAL NEEDS CHILDREN TO ALLOW THEM TO BE A PAID CNA FOR THEIR CHILD. THE PROGRAM IS ALSO OPEN TO THE GENERAL PUBLIC AND SERVICES NURSING STUDENTS, VETERANS, WORKFORCE TRAINING AGENCIES, POVERTY RELIEF AGENCIES, AND SCHOOLS.
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 |
|---|---|---|---|
Cory Arcarese Chief Executive Officer | Officer | 40 | $169,337 |
Kim Ivy Vice President Of Clinical | 40 | $147,171 | |
Michael Saleeb Vice President Of Finance | Officer | 40 | $137,168 |
Sally Wheeler Certified Nurse Aid | 92.5 | $130,416 | |
Hannah Beckham Home Health Cna | 1 | $127,342 | |
Sheila Williams Member | Trustee | 1 | $122,397 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Biggskofford Audit And Accounting Services | 12/30/23 | $124,175 |
Ntiva It Monthly Support | 12/30/23 | $112,668 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $35,000 |
| Government grants | $4,991,169 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,410 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,034,579 |
| Total Program Service Revenue | $15,441,798 |
| Investment income | $154,753 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$185,494 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,446,505 |
| 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. | $547,461 |
| Compensation of current officers, directors, key employees. | $74,648 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,091,645 |
| Pension plan accruals and contributions | $345,135 |
| Other employee benefits | $631,295 |
| Payroll taxes | $1,555,595 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $92,743 |
| Fees for services: Accounting | $49,175 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $21,649 |
| Fees for services: Other | $143,463 |
| Advertising and promotion | $217,513 |
| Office expenses | $32,921 |
| Information technology | $436,059 |
| Royalties | $0 |
| Occupancy | $96,677 |
| Travel | $1,382 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,130 |
| Interest | $58,701 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $118,640 |
| Insurance | $174,073 |
| All other expenses | $0 |
| Total functional expenses | $17,813,965 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,031 |
| Savings and temporary cash investments | $425,570 |
| Pledges and grants receivable | $4,967,381 |
| Accounts receivable, net | $1,540,428 |
| 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 | $88,673 |
| Net Land, buildings, and equipment | $1,636,028 |
| Investments—publicly traded securities | $5,454,566 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,152,677 |
| Accounts payable and accrued expenses | $1,277,277 |
| 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 | $2,000,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,277,277 |
| Net assets without donor restrictions | $10,875,400 |
| 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 | $14,152,677 |