Civic Intelligence

Nysarc Inc Rockland County Chapter

990 • Fiscal year 2015 • EIN 13-1916359

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 09, 2016

25 Hemlock DriveCongers, NY 10920

(845) 267-2500

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

40th percentile

0.33x

Higher debt load relative to assets than 40% of similar nonprofits.

2015 filings • NTEE P • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

30th percentile

0.19x

Higher debt load relative to revenue than 30% of similar nonprofits.

2015 filings • NTEE P • $25M-$50M nonprofits • Source year 2015

Net Margin

34th percentile

0.8%

Higher net margin than 34% of similar nonprofits.

2015 filings • NTEE P • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

66th percentile

$284,126

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

2015 filings • NTEE P • $25M-$50M nonprofits • Source year 2015

Asset Growth

19th percentile

-4.2%

Faster asset growth than 19% of similar nonprofits.

2015 filings • NTEE P • $25M-$50M nonprofits • Annualized from 2014 to 2015

Revenue Growth

30th percentile

0.1%

Faster revenue growth than 30% of similar nonprofits.

2015 filings • NTEE P • $25M-$50M nonprofits • Annualized from 2014 to 2015

Assets

Down

$23,501,617

Down $1,034,190 (-4.2%) from 2014

Net Assets

Up

$15,769,248

Up $159,232 (+1.0%) from 2014

Liabilities

Down

$7,732,369

Down $1,193,422 (-13%) from 2014

Revenue

Up

$41,185,712

Up $30,402 (+0.1%) from 2014

Expenses

Down

$40,869,426

Down $663,005 (-1.6%) from 2014

Net Income

Up

$316,286

Up $693,407 (+184%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2010: $23,694,780Liabilities 2010: $9,881,850Net Assets 2010: $13,812,9302010Assets 2011: $26,095,837Liabilities 2011: $10,342,755Net Assets 2011: $15,753,0822011Assets 2012: $25,549,965Liabilities 2012: $9,246,787Net Assets 2012: $16,303,1782012Assets 2013: $25,359,072Liabilities 2013: $9,401,873Net Assets 2013: $15,957,1992013Assets 2014: $24,535,807Liabilities 2014: $8,925,791Net Assets 2014: $15,610,0162014Assets 2015: $23,501,617Liabilities 2015: $7,732,369Net Assets 2015: $15,769,2482015Assets 2016: $24,048,783Liabilities 2016: $7,467,467Net Assets 2016: $16,581,3162016Assets 2017: $21,308,961Liabilities 2017: $5,631,279Net Assets 2017: $15,677,6822017Assets 2018: $20,748,092Liabilities 2018: $9,017,537Net Assets 2018: $11,730,5552018Assets 2019: $23,265,259Liabilities 2019: $11,188,890Net Assets 2019: $12,076,3692019Assets 2020: $27,320,340Liabilities 2020: $13,121,323Net Assets 2020: $14,199,0172020Assets 2021: $27,185,133Liabilities 2021: $12,454,377Net Assets 2021: $14,730,7562021Assets 2022: $25,137,975Liabilities 2022: $9,555,176Net Assets 2022: $15,582,7992022Assets 2023: $26,746,920Liabilities 2023: $9,301,134Net Assets 2023: $17,445,7862023Assets 2024: $29,087,177Liabilities 2024: $10,689,843Net Assets 2024: $18,397,3342024

Highlighted filing

2015

Assets$23,501,617
Liabilities$7,732,369
Net Assets$15,769,248

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60M$40M$20M$0-$20MExpenses 2010: $40,363,8132010Expenses 2011: $40,292,0782011Expenses 2012: $40,316,1172012Revenue 2013: $41,592,831Expenses 2013: $41,865,568Net Income 2013: -$272,7372013Revenue 2014: $41,155,310Expenses 2014: $41,532,431Net Income 2014: -$377,1212014Revenue 2015: $41,185,712Expenses 2015: $40,869,426Net Income 2015: $316,2862015Revenue 2016: $41,675,155Expenses 2016: $40,725,954Net Income 2016: $949,2012016Revenue 2017: $40,774,209Expenses 2017: $41,892,805Net Income 2017: -$1,118,5962017Revenue 2018: $39,655,138Expenses 2018: $41,850,645Net Income 2018: -$2,195,5072018Revenue 2019: $40,488,368Expenses 2019: $41,003,871Net Income 2019: -$515,5032019Revenue 2020: $38,653,526Expenses 2020: $36,438,950Net Income 2020: $2,214,5762020Revenue 2021: $39,927,488Expenses 2021: $35,583,064Net Income 2021: $4,344,4242021Revenue 2022: $47,154,010Expenses 2022: $44,386,429Net Income 2022: $2,767,5812022Revenue 2023: $41,123,936Expenses 2023: $39,158,790Net Income 2023: $1,965,1462023Revenue 2024: $45,413,216Expenses 2024: $43,898,213Net Income 2024: $1,515,0032024

Highlighted filing

2015

Revenue$41,185,712
Expenses$40,869,426
Net Income$316,286
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 9, 2016
Return Version
2015v2.1
Gross Receipts
$41,756,040
Mission and Program Overview

Mission

To make available to individuals, who are developmentally disabled, circumstances and opportunities that will lead to an ever-improving quality of life which will allow them to participate fully in society's mainstream.

Make available to devel. Disabled persons conditions & opportunities that lead to an ever-improving quality of life which allows them to participate fully in society's mainstream.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,124,183$6,884,844▼ $239,339
Accounts Receivable$4,652,617$4,617,741▼ $34,876
Investments in Publicly Traded Securities$3,139,636$3,088,287▼ $51,349
Cash and Non-Interest-Bearing Accounts$2,619,689$2,196,722▼ $422,967
Other Notes and Loans Receivable, Net$988,185$1,131,042▲ $142,857
Prepaid Expenses and Deferred Charges$665,503$684,003▲ $18,500
Savings and Temporary Cash Investments$1,348,100$676,325▼ $671,775
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$24,535,807$23,501,617▼ $1,034,190
Other Assets Total$3,997,894$4,222,653▲ $224,759
Liabilities
Accounts Payable and Accrued Expenses$4,269,724$3,969,988▼ $299,736
Mortgage Notes Payable Secured by Investment Property$2,156,009$1,679,930▼ $476,079
Other Liabilities$1,956,185$1,575,737▼ $380,448
Unsecured Notes Loans Payable$311,898$270,058▼ $41,840
Escrow Account Liability$231,975$236,656▲ $4,681
Grants Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$8,925,791$7,732,369▼ $1,193,422
Net Assets / Fund Balance
Unrestricted Net Assets$15,570,274$15,726,545▲ $156,271
Temporarily Rstr Net Assets$39,742$42,703▲ $2,961
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$15,610,016$15,769,248▲ $159,232
Total Liabilities and Net Assets / Fund Balance$24,535,807$23,501,617▼ $1,034,190

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,104,944$5,590,106$8,695,050
Equipment$1,102,538$4,219,655$5,322,193
Leasehold Improvements$707,512$1,908,317$2,615,829
Land$1,911,367-$1,911,367
Other Land Buildings$58,483$0$58,483
Other Assets Org$18,110--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Carmine MarchiondaExecutive DirectorFT$243,946$40,180$284,126
Steven J RubinskyDeputy Executive DirectorFT$147,188$24,324$171,512
Deborah CarrDirector of Human ResourcesFT$127,515$16,542$144,057
Jane ZemonChief Program ManagerFT$126,488$17,217$143,705
Theresa MooreDirector of ResidentialFT$125,976$16,829$142,805
James MicklerDirector of FinanceFT$114,655$26,948$141,603
Justine ChristakosAssoc. Exec. Dir., Day HabFT$113,664$15,401$129,065

Board Members and Trustees

NameTitle
Richard SirotaPresident
Karen FeinsteinFirst Vice President
Audrey a TarantinoSecond Vice President
Audrey H MccueThird Vice President
Dian CifuniDirector
Jackie CurtissDirector
Jennifer Parietti-fogartDirector
Jody Muhlmeisterdirector
Joseph FrancomanoDirector
Lynda MeltzerDirector
Lynee DavidsonDirector
Rita RameauDirector
Sonia Crannage EsqDirector
Susan ConklinDirector
Thomas Zugibe EsqDirector
John D SmithAssistant Treasurer
Gisela D SchmidtSecretary
Edward RaushTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Bdo USA LLPAccounting100 PARK AVE, New York, NY 10017$173,800
Revenue and Support

Revenue Composition

Contributions and Grants
$78,282
Program Service Revenue
$40,969,042
Investment Income
$138,388
Other Revenue
$0
All Other Contributions
$18,427
Change in Net Assets
$316,286

Audited Revenue Reconciliation

Revenue per Audited Statements
$41,185,712
Revenue Not Reported on Form 990
$-139,054
Total Revenue per Audited Statements
$41,046,658
Total Revenue per Form 990
$41,185,712
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$32,947,950
Other Expenses$7,921,476
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$21,488,269$1,921,331-$23,409,600
Other Employee Benefits$5,171,380$684,603-$5,855,983
Travel$1,993,107$10,953-$2,004,060
Payroll Taxes$1,600,839$209,880-$1,810,719
Pension Plan Contributions$1,089,074$148,169-$1,237,243
Occupancy$1,019,783$24,347-$1,044,130
Office Expenses$722,659$189,139-$911,798
All Other Expenses$592,878$164,582-$757,460
Depreciation Depletion$626,331$51,934-$678,265
Current Officers, Directors, Trustees, and Key Employees$597,241--$597,241
Fees for Services Other$291,472$50,703-$342,175
Other Expenses$222,569$3,755$0$226,324
Interest$122,299$10,819-$133,118
Fees for Services Accounting-$107,675-$107,675
Insurance$96,854$6,491-$103,345
Conferences and Meetings$66,657$11,090-$77,747
Fees for Services Legal-$56,670-$56,670
Comp Disqual Persons-$37,164-$37,164
Advertising$1,233$10,775-$12,008
Total Functional Expenses$37,119,589$3,749,837$0$40,869,426

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$40,887,426
Expenses per Audited Statements$40,869,426
Total Expenses per Form 990$40,869,426
Expenses Not Reported on Form 990$18,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Tara MunsonDaughter of Board Dir.CompensationNo$37,164

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Fund Sources$1,575,737
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

FORM 990, PART VI, SECTION A, LINE 6:

Nysarc, inc. Is a unitary corporation consisting of its 55 chapters. Nysarc, inc. Rockland county chapter is one division of the corporation. The corporation and chapter's governing body is the board of governors representing the individual membership in each chapter's jurisdiction. Each chapter has from 1 to 6 governors based on membership. The corporation through article vi section 3 of its bylaws delegates day-to-day operating authority to the chapter's board of directors. The executive committee of the board of governors (see part vi, line 7a below) comprises the corporation's elected officers and exercises all powers of the board of governors between plenary meetings of the governors.

FORM 990, PART VI, SECTION A, LINE 7A:

The delegate assembly, which represents nysarc's 70,000 members, elects the corporation president, secretary, treasurer and assistant treasurer to 1-year terms. Delegates elect regional vice presidents to 1-year terms from their respective regions. The board of governors elects one vice president and senior vice president.

FORM 990, PART VI, SECTION A, LINE 7B:

Chapter bylaw amendments are subject to board of governor approval. Any action of the board of governors may be reviewed at the succeeding delegate assembly. No action of the governors that affects the irrevocable rights of third parties may be rescinded. Corporate bylaw amendments are subject to approval by a majority of chapters.

FORM 990, PART VI, SECTION B, LINE 11B:

Form 990 was prepared by a National Renowned Accounting Firm in conjunction with the organization's financial department. Draft of 990 was reviewed by the C.F.O., C.E.O. and Controller and then to ALL members of the board of Directors in draft in our Board Meeting via electronic mail, with the opportunity for them to comment or make inquiry before it was filed with the Internal Revenue Service.

FORM 990, PART VI, SECTION B, LINE 12C:

The agency has established a "potential conflict of interest disclosure form" that is distributed to employees, volunteers and members of the board each year. A conflict of interest committee will review any potential conflict of interest referred by the human resources department.

FORM 990, PART VI, SECTION B, LINES 15A AND 15B:

During the first quarter of each year an independent outsource firm, Delark HR Solutions performs a compensation study for all executive level staff (i.e., including executive director and other officers and key employees of the organization). The results for 2014 and 2015 determined that compensation for all executives were below the 75th percentile for both base and total compensation. After consideration of the compensation studies, the compensation of these individuals was approved by all independent board members and the board minutes reflect the approval, comparability data, and contemporaneous substantiation of their deliberation and decision.

FORM 990, PART VI, SECTION C, LINE 19:

The organization makes it governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Nysarc Inc Rockland County Chapter
EIN
13-1916359
In Care Of
% GANEENE O'BRIEN
Phone
8452672500
Address
25 HEMLOCK DRIVE, CONGERS, NY 10920

Signing Officer

Name
GANEENE O'BRIEN
Title
CFO
Phone
8452672500
Signed
2016-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carmine Marchionda
Formed
1949
Legal Domicile
Ny
Voting Board Members
18
Independent Board Members
17
Employees
733
Volunteers
18

Preparer

Firm
Bdo USA Llp
Address
100 PARK AVENUE, NEW YORK, NY 10017-5001
Preparer
Paul Hammerschmidt
Phone
2128858000
Supplemental Narrative

Additional Explanations

FORM 990, PART III, LINE 4D:

1) intermediate care facilities - expenses: $4,408,607. Revenue: $4,277,502. 2) children's services - expenses: $3,486,068. Revenue: $3,615,439. 3) family services - expenses: $1,188,442. Revenue: $1,369,908. 4) residential habilitation/respite - expenses: $816,000. Revenue: $885,863. 5) recreation services - expenses: $378,361. Revenue: $380,847. 6) supplemental day habilitation - expenses: $49,628. Revenue: $63,899. 7) association and arc light - expenses: $45,485. Revenue: $621,281. 8) options for people through services - expenses: $17,531. 9) senior services - expenses: $4,582.

Financial Statement Notes

PART IV, LINE 2B:

The chapter maintains custodial accounts for funds which belong to the residential program participants. Total custodian funds held at year-end totaled $236,656.

PART X, LINE 2:

Nysarc, inc. Rockland county chapter (the "reporting organization") adopted the provisions of asc 740, "income taxes", on january 1, 2009. Under asc 740, an organization must recognize the tax benefit associated with tax positions taken for tax return purposes when it is more likely than not that the position will be sustained upon examination by a taxing authority. The implementation of asc 740 had no impact on the reporting organization's financial statements. The reporting organization does not believe it has taken any material uncertain tax positions and, accordingly, it has not recorded any liability for unrecognized tax benefits. The reporting organization has filed for and received income tax exemptions in the jurisdictions where it is required to do so. Additionally, the reporting organization has filed internal revenue service form 990 information returns, as required, and all other applicable returns in jurisdictions where so required. For the year ended december 31, 2015, there were no interest or penalties recorded or included in the statement of activities. The reporting organization is subject to routine audits by a taxing authority. As of december 31, 2015, the reporting organization was not subject to any examination by a taxing authority. Management believes it is no longer subject to income tax examination for the years prior to 2012.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1FIRST VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECOND VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3THIRD VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5ASSISTANT TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14director
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19DEPUTY EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR OF FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR OF HUMAN RESOURCES
IRS990/Form990PartVIISectionAGrp/TitleTxt22CHIEF PROGRAM MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt23Director of Residential
IRS990/Form990PartVIISectionAGrp/TitleTxt24ASSOC. EXEC. DIR., DAY HAB
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.1$10.7$18.4$45.4$43.9$1.52
2023Detailed filing. Detailed filing data is available for this year.$26.7$9.30$17.4$41.1$39.2$1.97
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.1$9.56$15.6$47.2$44.4$2.77
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.2$12.5$14.7$39.9$35.6$4.34
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.3$13.1$14.2$38.7$36.4$2.21
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.3$11.2$12.1$40.5$41.0$0.52
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.7$9.02$11.7$39.7$41.9$2.20
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.3$5.63$15.7$40.8$41.9$1.12
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.0$7.47$16.6$41.7$40.7$0.95
2015Detailed filing. Detailed filing data is available for this year.$23.5$7.73$15.8$41.2$40.9$0.32
2014Detailed filing. Detailed filing data is available for this year.$24.5$8.93$15.6$41.2$41.5$0.38
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$25.4$9.40$16.0$41.6$41.9$0.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.5$9.25$16.3$40.3
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.1$10.3$15.8$40.3
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.7$9.88$13.8$40.4
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)3 • $25M-$50M nonprofits