Civic Intelligence

Care Plus Nj Inc.

990 • Fiscal year 2017 • EIN 22-2181654

Jul 01, 2016 to Jun 30, 2017 • Filed on May 15, 2018

610 Valley Health PlazaParamus, NJ 07652

(201) 265-8200

Siviq Scores

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

Liabilities / Assets

95th percentile

1.10x

Higher debt load relative to assets than 95% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Liabilities / Revenue

46th percentile

0.26x

Higher debt load relative to revenue than 46% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Net Margin

27th percentile

-1.6%

Higher net margin than 27% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Top Officer Pay

83rd percentile

$480,189

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Asset Growth

16th percentile

-3.5%

Faster asset growth than 16% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Revenue Growth

23rd percentile

-4.2%

Faster revenue growth than 23% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Assets

Down

$7,540,739

Down $277,369 (-3.5%) from 2016

Net Assets

Down

-$762,487

Down $511,080 (-203%) from 2016

Liabilities

Up

$8,303,226

Up $233,711 (+2.9%) from 2016

Revenue

Down

$31,507,481

Down $1,379,316 (-4.2%) from 2016

Expenses

Down

$32,018,561

Down $1,891,236 (-5.6%) from 2016

Net Income

Up

-$511,080

Up $511,920 (+50%) from 2016

Historical Trend

Balance Sheet Trend

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

$40M$20M$0-$20MAssets 2010: $6,614,909Liabilities 2010: $5,719,934Net Assets 2010: $894,9752010Assets 2011: $7,629,551Liabilities 2011: $6,446,944Net Assets 2011: $1,182,6072011Assets 2012: $8,994,048Liabilities 2012: $6,839,297Net Assets 2012: $2,154,7512012Assets 2013: $9,476,386Liabilities 2013: $6,683,970Net Assets 2013: $2,792,4162013Assets 2014: $8,805,749Liabilities 2014: $7,116,198Net Assets 2014: $1,689,5512014Assets 2015: $8,284,234Liabilities 2015: $7,512,641Net Assets 2015: $771,5932015Assets 2016: $7,818,108Liabilities 2016: $8,069,515Net Assets 2016: -$251,4072016Assets 2017: $7,540,739Liabilities 2017: $8,303,226Net Assets 2017: -$762,4872017Assets 2018: $7,992,570Liabilities 2018: $9,310,489Net Assets 2018: -$1,317,9192018Assets 2019: $10,268,681Liabilities 2019: $9,306,082Net Assets 2019: $962,5992019Assets 2020: $18,024,347Liabilities 2020: $14,590,394Net Assets 2020: $3,433,9532020Assets 2021: $20,743,120Liabilities 2021: $12,253,403Net Assets 2021: $8,489,7172021Assets 2022: $24,786,012Liabilities 2022: $11,630,900Net Assets 2022: $13,155,1122022Assets 2023: $34,483,151Liabilities 2023: $19,452,265Net Assets 2023: $15,030,8862023Assets 2024: $38,869,078Liabilities 2024: $20,721,796Net Assets 2024: $18,147,2822024

Highlighted filing

2017

Assets$7,540,739
Liabilities$8,303,226
Net Assets-$762,487

Operations Trend

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

$60M$40M$20M$0-$20MExpenses 2010: $29,475,8472010Expenses 2011: $27,707,8072011Expenses 2012: $27,769,5542012Expenses 2013: $29,191,3342013Revenue 2014: $30,105,123Expenses 2014: $31,207,988Net Income 2014: -$1,102,8652014Revenue 2015: $32,034,127Expenses 2015: $32,952,085Net Income 2015: -$917,9582015Revenue 2016: $32,886,797Expenses 2016: $33,909,797Net Income 2016: -$1,023,0002016Revenue 2017: $31,507,481Expenses 2017: $32,018,561Net Income 2017: -$511,0802017Revenue 2018: $30,421,536Expenses 2018: $30,976,968Net Income 2018: -$555,4322018Revenue 2019: $37,826,661Expenses 2019: $35,546,143Net Income 2019: $2,280,5182019Revenue 2020: $41,302,130Expenses 2020: $38,830,772Net Income 2020: $2,471,3582020Revenue 2021: $49,785,934Expenses 2021: $44,730,170Net Income 2021: $5,055,7642021Revenue 2022: $52,191,604Expenses 2022: $47,496,506Net Income 2022: $4,695,0982022Revenue 2023: $51,833,265Expenses 2023: $50,157,793Net Income 2023: $1,675,4722023Revenue 2024: $55,184,065Expenses 2024: $52,528,968Net Income 2024: $2,655,0972024

Highlighted filing

2017

Revenue$31,507,481
Expenses$32,018,561
Net Income-$511,080
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 15, 2018
Return Version
2016v3.1
Gross Receipts
$31,507,481
Mission and Program Overview

Mission

This agency is dedicated to excellence in mental healthcare and has commitment to life- long support needed by individuals and their families to ensure that they achieve their full potential to improve the quality of their lives.

This agency is dedicated to excellence in mental healthcare and has commitment to life-long support needed by individuals and their families to ensure that they achieve their full

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,337,772$3,129,403▼ $208,369
Pledges and Grants Receivable$1,146,734$1,596,412▲ $449,678
Accounts Receivable$1,961,180$1,271,661▼ $689,519
Savings and Temporary Cash Investments$408,299$546,269▲ $137,970
Prepaid Expenses and Deferred Charges$570,175$447,892▼ $122,283
Investments in Publicly Traded Securities$393,948$264,417▼ $129,531
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Other Notes and Loans Receivable, Net$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$7,818,108$7,540,739▼ $277,369
Other Assets Total$0$284,685▲ $284,685
Liabilities
Accounts Payable and Accrued Expenses$3,028,772$3,092,310▲ $63,538
Other Liabilities$2,051,812$2,678,486▲ $626,674
Mortgage Notes Payable Secured by Investment Property$2,511,931$2,532,430▲ $20,499
Unsecured Notes Loans Payable$250,000$0▼ $250,000
Tax Exempt Bond Liabilities$227,000$0▼ $227,000
Grants Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Total Liabilities$8,069,515$8,303,226▲ $233,711
Net Assets / Fund Balance
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Unrestricted Net Assets$-251,407$-762,487▼ $511,080
Total Net Assets Fund Balance$-251,407$-762,487▼ $511,080
Total Liabilities and Net Assets / Fund Balance$7,818,108$7,540,739▼ $277,369

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,149,542$5,906,772$8,056,314
Equipment$29,405$2,360,639$2,390,044
Other Land Buildings$206,496$1,938,681$2,145,177
Land$743,960-$743,960
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joseph MasciandaroPresident/CEOFT$409,893$70,296$480,189
George C Kruse IiMedical DirectorFT$210,398$28,290$238,688
Leonie S PrincePsychiatristFT$219,250$11,938$231,188
Charles C KimClinical DirectorFT$181,674$33,732$215,406
Tara AugustineSenior Vice PresidentFT$147,598$41,670$189,268
Kristine PendySenior Vice PresidentFT$144,482$41,573$186,055
Brigitte Johnson EsqSenior Vice PresidentFT$126,981$35,188$162,169
Shelby KleinSenior Vice PresidentFT$124,124$34,587$158,711
Sameh M RaghebPsychiatristPT$130,785$25,198$155,983
Kathleen BiancoVice PresidentFT$130,709$23,489$154,198
Tanya R LewisPsychiatristFT$131,699$15,899$147,598
Robert BodnarCFOFT$123,778$20,277$144,055

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Netsmart TechnologiesSoftware&maintenancePO BOX 823519, Philadelphia, PA 19182$221,459
SpectrotelPhone ServicesPO BOX 1949, Newark, NJ 07101$212,783
New Jersey Landscape SolutionsLandscapingPO BOX 377, Fair Lawn, NJ 07410$149,117
Care Plus Janitorial ServicesJanitorial Service610 VALLEY HEALTH PLAZA, Paramus, NJ 07652$115,355
EisneramperAudits111 WOOD AVENUE SOUTH, Iselin, NJ 08830$107,900
Revenue and Support

Revenue Composition

Contributions and Grants
$17,250,016
Program Service Revenue
$14,256,880
Investment Income
$585
Other Revenue
$0
All Other Contributions
$187,313
Change in Net Assets
$-511,080

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$67,319Imputed Interest
Total Noncash Contributions1$67,319-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$24,451,103
Other Expenses$7,567,458
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$15,730,655$1,702,781-$17,433,436
Other Employee Benefits$3,230,864$478,461-$3,709,325
All Other Expenses$1,552,616$160,021-$1,712,637
Payroll Taxes$1,359,778$256,963-$1,616,741
Current Officers, Directors, Trustees, and Key Employees$553,352$735,793-$1,289,145
Occupancy$484,639$140,353-$624,992
Office Expenses$455,815$104,248-$560,063
Fees for Services Other$398,782$144,294-$543,076
Information Technology$329,542$102,691-$432,233
Pension Plan Contributions$338,490$63,966-$402,456
Depreciation Depletion$175,520$213,243-$388,763
Travel$265,279$68,117-$333,396
Insurance$295,672$7,780-$303,452
Conferences and Meetings$58,549$81,952-$140,501
Fees for Services Accounting-$119,894-$119,894
Other Expenses$107,738$10,313-$118,051
Fees for Services Legal-$93,196-$93,196
Interest$38,592$54,028-$92,620
Advertising$16,659$35,900-$52,559
Total Functional Expenses$27,250,625$4,767,936$0$32,018,561
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
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
Refundable Advances$2,448,100
Due to Affilitate$230,386
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The organization contracts an independent audit firm for the preparation of the form 990. The firm solicits information from the organization in order to prepare the form 990. Once the form is completed the chief financial officer of the organization reviews the form for accuracy. The governing body receives an electronic copy of the return before it is filed.

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

A disclosure policy exists which requires board members to volunteer any information that may violate regulatory requirements.

FORM 990, PART VI, SECTION B, LINE 15A:

Ceo - compensation package is determined by the governing body using industry comparison (databases, mental health corp of america, new jersey association of mental health agencies, etc.) as well as an outside consultant. Top management - compensation package is determined by the ceo using industry information for evaluation and comparison. A written employment contract is in place.

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

The organization's governing documents, conflict of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Care Plus Nj Inc
EIN
22-2181654
In Care Of
% THE ORGANIZATION
Phone
2012658200
Address
610 VALLEY HEALTH PLAZA, PARAMUS, NJ 07652

Signing Officer

Name
Joseph Masciandaro
Title
pres/CEO
Phone
2012658200
Signed
2018-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph Masciandaro
Formed
1978
Legal Domicile
Nj
Voting Board Members
21
Independent Board Members
19
Employees
675

Preparer

Firm
Eisneramper Llp
Address
111 WOOD AVE SO STE 600, ISELIN, NJ 08830-2700
Preparer
Michael Somer
Phone
7322437000
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

Description of organization mission: potential to improve the quality of their lives.

990, PART XII, LINE 2C:

The organization has not changed their oversight or selection process during the current tax year.

Financial Statement Notes

PART X, LINE 2:

Management has analysed the tax positions taken by the organization, and has conlcuded that as of june 30, 2017 and 2016, there were no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the consolidated financial statements. The organization recognizes accrued interest and penalties associated with uncertain tax positions, if any. There were no income tax-related interest or penalties recorded for the year ended june 30, 2017 and 2016.

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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$38.9$20.7$18.1$55.2$52.5$2.66
2023Detailed filing. Detailed filing data is available for this year.$34.5$19.5$15.0$51.8$50.2$1.68
2022Detailed filing. Detailed filing data is available for this year.$24.8$11.6$13.2$52.2$47.5$4.70
2021Detailed filing. Detailed filing data is available for this year.$20.7$12.3$8.49$49.8$44.7$5.06
2020Detailed filing. Detailed filing data is available for this year.$18.0$14.6$3.43$41.3$38.8$2.47
2019Detailed filing. Detailed filing data is available for this year.$10.3$9.31$0.96$37.8$35.5$2.28
2018Detailed filing. Detailed filing data is available for this year.$7.99$9.31$1.32$30.4$31.0$0.56
2017Detailed filing. Detailed filing data is available for this year.$7.54$8.30$0.76$31.5$32.0$0.51
2016Detailed filing. Detailed filing data is available for this year.$7.82$8.07$0.25$32.9$33.9$1.02
2015Detailed filing. Detailed filing data is available for this year.$8.28$7.51$0.77$32.0$33.0$0.92
2014Detailed filing. Detailed filing data is available for this year.$8.81$7.12$1.69$30.1$31.2$1.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.48$6.68$2.79$29.2
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.99$6.84$2.15$27.8
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.63$6.45$1.18$27.7
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.61$5.72$0.89$29.5