Civic Intelligence

Nysarc Inc Chenango County Chapter

990 • Fiscal year 2014 • EIN 16-0970103

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 17, 2015

17 Midland DriveNorwich, NY 13815

(607) 334-5366

Siviq Scores

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

Liabilities / Assets

51st percentile

0.25x

Higher debt load relative to assets than 51% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

54th percentile

0.29x

Higher debt load relative to revenue than 54% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Net Margin

21st percentile

-4.6%

Higher net margin than 21% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

83rd percentile

$334,914

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 4.2% of source-year revenue.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Asset Growth

8th percentile

-9.6%

Faster asset growth than 8% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

28th percentile

-2.5%

Faster revenue growth than 28% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Assets

Down

$9,420,185

Down $995,275 (-9.6%) from 2013

Net Assets

Down

$7,072,131

Down $326,222 (-4.4%) from 2013

Liabilities

Down

$2,348,054

Down $669,053 (-22%) from 2013

Revenue

Down

$7,998,876

Down $202,167 (-2.5%) from 2013

Expenses

Up

$8,363,606

Up $318,980 (+4.0%) from 2013

Net Income

Down

-$364,730

Down $521,147 (-333%) from 2013

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $8,763,317Liabilities 2010: $2,570,607Net Assets 2010: $6,192,7102010Assets 2011: $9,511,403Liabilities 2011: $2,590,319Net Assets 2011: $6,921,0842011Assets 2012: $10,242,288Liabilities 2012: $3,252,673Net Assets 2012: $6,989,6152012Assets 2013: $10,415,460Liabilities 2013: $3,017,107Net Assets 2013: $7,398,3532013Assets 2014: $9,420,185Liabilities 2014: $2,348,054Net Assets 2014: $7,072,1312014Assets 2015: $9,452,546Liabilities 2015: $2,581,247Net Assets 2015: $6,871,2992015Assets 2016: $8,726,200Liabilities 2016: $2,370,410Net Assets 2016: $6,355,7902016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2014

Assets$9,420,185
Liabilities$2,348,054
Net Assets$7,072,131

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $7,513,5452010Expenses 2011: $8,009,2722011Revenue 2012: $8,738,799Expenses 2012: $8,345,323Net Income 2012: $393,4762012Revenue 2013: $8,201,043Expenses 2013: $8,044,626Net Income 2013: $156,4172013Revenue 2014: $7,998,876Expenses 2014: $8,363,606Net Income 2014: -$364,7302014Revenue 2015: $8,570,721Expenses 2015: $8,604,478Net Income 2015: -$33,7572015Revenue 2016: $10,028,372Expenses 2016: $10,721,996Net Income 2016: -$693,6242016Revenue 2017: $2,019,603Expenses 2017: $4,393,412Net Income 2017: -$2,373,8092017Revenue 2018: $0Expenses 2018: $0Net Income 2018: $02018

Highlighted filing

2014

Revenue$7,998,876
Expenses$8,363,606
Net Income-$364,730
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 17, 2015
Return Version
2014v5.0
Gross Receipts
$11,299,916
Mission and Program Overview

Mission

The mission of the chenango county arc is to provide programs that are specific to meet a consumer's needs in the areas of vocational rehabilitation, job readiness training, employment opportunity, residential services, service coordination, day habilitation and other support services that would allow participants the opportunity to meet their optimum level of success and independence. These measures will be designed to ensure that program participants are not only involved in, but are making positive contributions to their respective communities.

Nysarc was founded in 1949 to meet a critical mission - to improve the quality of life for people with intellectual and other developmental disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,222,159$4,633,835▼ $588,324
Investments in Publicly Traded Securities$1,766,476$1,956,973▲ $190,497
Accounts Receivable$253,982$552,248▲ $298,266
Savings and Temporary Cash Investments$1,266,906$422,874▼ $844,032
Inventories for Sale or Use$305,223$236,524▼ $68,699
Prepaid Expenses and Deferred Charges$69,934$80,552▲ $10,618
Cash and Non-Interest-Bearing Accounts$2,625$2,524▼ $101
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Total Assets$10,415,460$9,420,185▼ $995,275
Other Assets Total$1,528,155$1,534,655▲ $6,500
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,286,760$1,014,017▼ $272,743
Accounts Payable and Accrued Expenses$1,186,164$880,942▼ $305,222
Other Liabilities$225,712$181,477▼ $44,235
Tax Exempt Bond Liabilities$219,614$156,868▼ $62,746
Deferred Revenue$98,857$114,750▲ $15,893
Total Liabilities$3,017,107$2,348,054▼ $669,053
Net Assets / Fund Balance
Unrestricted Net Assets$7,398,353$7,072,131▼ $326,222
Total Net Assets Fund Balance$7,398,353$7,072,131▼ $326,222
Total Liabilities and Net Assets / Fund Balance$10,415,460$9,420,185▼ $995,275

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,689,363$4,021,822$7,711,185
Equipment$541,123$3,292,946$3,834,069
Land$403,119-$403,119
Other Land Buildings$230-$230
Other Assets Org$556,082--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
John MchaleExecutive DirectorFT$137,684$197,230$334,914
Debra CarlinVP Admin & FinaFT$137,658$36,408$174,066
Jason LasickiSales ManagerFT$133,578$16,330$149,908
Eric MooreDirector of OperatFT$106,658$2,694$109,352
Jeff EvansExecutive DirectorFT$78,352$6,928$85,280

Board Members and Trustees

NameTitle
Robyn KingPresident
Kim ParkerVice President
Angela ArcidiaconoBoard Member
Anthony SavitskyBoard Member
Barbara SchindlerBoard Member
James Fertig EsqBoard Member
William Whitaker JrBoard Member
William WentzSecretary/treas
Revenue and Support

Revenue Composition

Contributions and Grants
$46,124
Program Service Revenue
$6,668,230
Investment Income
$139,525
Other Revenue
$1,144,997
All Other Contributions
$46,124
Change in Net Assets
$-364,730
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,901,675
Other Expenses$2,461,931
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,673,199$278,926-$3,952,125
Other Employee Benefits$859,248$111,835-$971,083
Occupancy$819,521$49,000-$868,521
Current Officers, Directors, Trustees, and Key Employees$3,376$590,885-$594,261
Payroll Taxes$269,371$47,621-$316,992
All Other Expenses$191,738$58,137-$249,875
Depreciation Depletion$218,758$25,862-$244,620
Fees for Services Other$96,459$47,480-$143,939
Office Expenses$61,130$36,841-$97,971
Other Expenses$79,097$28,621-$79,097
Pension Plan Contributions$67,214--$67,214
Interest$55,293--$55,293
Fees for Services Accounting-$34,700-$34,700
Travel$19,919$14,038-$33,957
Fees for Service Investment Mgmnt Fees-$11,824-$11,824
Conferences and Meetings$2,233$7,293-$9,526
Fees for Services Legal$75$8,018-$8,093
Total Functional Expenses$7,012,525$1,351,081$0$8,363,606
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

Loans and Receivables

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

Other Reported Liabilities

LiabilityAmount
Deferred Compensation Payable$181,477

Bond Issues

BondIssuerIssuedIssue PricePurpose
ADormitory Authority of the State of New York2005-06-15$752,964214 country club rd refunding

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$752,964-$596,096$14,216

Bond Financing Compliance

Form 8038-T filed
Yes
Gross proceeds invested
No
Gross proceeds invested in GIC
Yes
Corrective action procedures
Yes
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
No
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, Line 6: Explanation of Classes of Members or Shareholder

Nysarc, inc. Is a unitary corporation consisting of its 54 chapters. Nysarc, inc chenango county 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 its bylaws delegates day-to-day operating authroirty 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. The chapter has four classes of members, active, life, at-large and honorary. None of the classes of members give the members the rights to approve significant decisions of the governing body or share of the organization's profits or excess dues or a share of the organization's net assets upon the organization's dissolution.active members are those members who pay annual dues and are in good standing determined one month prior to the act which good standing is required. These members have the right to vote and hold office except that no person who is a paid employee of either the association or one of its chapters may be an officer, governor or director of the association or such chapter.life members are those who contribute within a period of one year an amount fixed by the board of governors and who requests such status. Life members shall thereafter be exempt from the payment of dues and shall retain all rights and privileges of membership including the right to vote and hold office.members-at-large are persons who would be eligible to be active or life members who reside in a territory in which there is no chapter and admitted to membership upon application in writing. They retain all privileges of membership except the right to vote and hold office and shall pay the same dues as an active member.honorary members are person who have distinguished themselves by their attainments in the field of developmentally disabled and have been elected to such membership by the board of governors or board of directors of the chapter. Honorary members do not pay dues and shall not have the right to vote or hold office.

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

The delegate assembly, which represents nysarc's 100,000 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 senior vice president. The chenango county chapter election procedure is as follows: active and life members are able to vote and elect members to the governing body.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

Chapter bylaw amendments are subject to board of governor approval. Any action of the board of governors may be reviewed at the succedding delegate assembly. No action of the governors that affect 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, Line 9: Officer, Director, Trustee, Key Employee Mailing Address

See attached list of officers and governors, who may be reached at nysarc, inc. 393 delaware ave, delmar, ny 12054:

Form 990, Part VI, Line 11B: Form 990 Review Process

The board of governors does not review chapters' form 990s before they are filed. Each chapter submits a copy of its form 990 to the governing board when the chapter it is filed. Each chapter must have a process for its board of directors to review the form 990.the chenango county chapter's process is a follows: management and the board of directors will review the form 990 prior to submission. Any questions or comments will be directed to the accounting firm that prepares the return. The form 990 is made available, for review after filing, to those board members who were unable to attend the meeting at which the form was presented.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Each year all board members and executive management staff complete conflict of interest statements. Statements are reviewed by executive committee and executive director. All parties with conflicts abstain from voting and discussions on matters where they have conflict of interest.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Annually the board of directors will review and approve the executive director's salary the other salaries are approved by the board when they approve the overall budget. Periodically the board will review comparability data for the executive director's and management employee's salary. Management employees are debra carlin and lisa berard. This was last done in 2011.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Available upon request at the organization's office.

Filing and Contact Details

Filer

Filer Name
Nys Arc Inc Chenango County Chapter
EIN
16-0970103
Phone
6073345366
Address
17 MIDLAND DRIVE, NORWICH, NY 13815

Signing Officer

Name
Robyn King
Title
President
Signed
2015-08-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Evans
Formed
1949
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
8
Employees
198

Preparer

Firm
Piaker & Lyons PC
Address
PO Box 190 5862 County Rd 32, Norwich, NY 13815
Preparer
Roy E Fuller CPA
Phone
6073368908
Supplemental Narrative

Additional Explanations

Client Note 1

Client Note 1 - SCHEDULE K PART I (e) ISSUE PRICE - TAX EXEMPT BONDS ARE DEBT OF NYSARC, INC. EACH CHAPTER RECORDS ONLY THE PORTION OF THE BOND FOR THE PROJECT FINANCED WITHIN ITS JURISDICTION.

Form 990, Part III, Line 4D: Other Program Services Description

Other program services 4: the clinic program provides dental care for developmentally disabled individuals. 616 units of service were provided.

Financial Statement Notes

Part X : FIN48 Footnote

The Association files informational returns in the U.S. federal jurisdiction and New York State jurisdiction. With few exceptions, the Association is no longer subject to U.S. federal or state tax examinations by authorities for years before 2011. The Association has not been informed of any tax examinations by either the Internal Revenue Service (IRS) or New York State tax authorities for any years not barred by statute of limitations.The Association has adopted the provisions of the Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) No. 740, Income Taxes, as amended by FASB Accounting Standards Update (ASU) No. 2009-06, Implementation Guidance on Accounting for Uncertainty in Income Taxes and Disclosure Amendments for Nonpublic Entities. Management had determined there were no liabilities for unrecognized tax benefits as a result of the implementation of FASB ASC No. 740, as amended. Furthermore, management has estimated that there are no material unrecognized tax benefits for either the U.S. federal jurisdiction or New York State jurisdiction for which it is subject to reporting as of December 31, 2014 and 2013.The Association has not recognized any interest or penalties related to unrecognized tax benefits in the statement of activities nor has it accrued any in the statement of financial position as of December 31, 2014 and 2013.

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IRS990/MissionDesc0THE MISSION OF THE CHENANGO COUNTY ARC IS TO PROVIDE PROGRAMS THAT ARE SPECIFIC TO MEET A CONSUMER'S NEEDS IN THE AREAS OF VOCATIONAL REHABILITATION, JOB READINESS TRAINING, EMPLOYMENT OPPORTUNITY, RESIDENTIAL SERVICES, SERVICE COORDINATION, DAY HABILITATION AND OTHER SUPPORT SERVICES THAT WOULD ALLOW PARTICIPANTS THE OPPORTUNITY TO MEET THEIR OPTIMUM LEVEL OF SUCCESS AND INDEPENDENCE. THESE MEASURES WILL BE DESIGNED TO ENSURE THAT PROGRAM PARTICIPANTS ARE NOT ONLY INVOLVED IN, BUT ARE MAKING POSITIVE CONTRIBUTIONS TO THEIR RESPECTIVE COMMUNITIES.
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IRS990/ProgSrvcAccomActy3Grp/Desc0THE RESIDENTIAL/DAY HABILITATION PROGRAM PROVIDES ACTIVITIES IN A COMMUNITY AND SOCIAL ENVIRONMENT FOR DEVELOPMENTALLY DISABLED INDIVIDUALS. 26,482 UNITS OF SERVICE
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