Civic Intelligence

Federation of Organizations for The

EIN 23-7237931 • 501(c)3 • West Babylon, NY

Profile

Federation assists individuals and families in meeting their own needs within communities through self-help, provision of quality services, advocacy and development of resources. We help individuals and communities flourish by helping people to help themselves become productive participants in community life.

1 Farmingdale RoadWest Babylon, NY 11704

www.fedoforg.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

83rd percentile

0.71x

Higher debt load relative to assets than 83% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

67th percentile

0.65x

Higher debt load relative to revenue than 67% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

32nd percentile

-0.2%

Higher net margin than 32% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

59th percentile

$418,429

Higher top officer pay than 59% of similar nonprofits.

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

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

42nd percentile

4.1%

Faster asset growth than 42% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

47th percentile

7.3%

Faster revenue growth than 47% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Up

$46,120,320

Up $4,305,880 (+10%) from 2022

Liabilities

Down

$33,190,416

Down $859,224 (-2.5%) from 2022

Net Assets

Up

$12,929,904

Up $5,165,104 (+67%) from 2022

Revenue

Up

$58,408,780

Up $6,617,739 (+13%) from 2022

Expenses

Up

$61,475,656

Up $9,453,839 (+18%) from 2022

Net Income

Down

-$3,066,876

Down $2,836,100 (-1229%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2010: $23,397,890Liabilities 2010: $12,693,112Net Assets 2010: $10,704,7782010Assets 2011: $18,493,005Liabilities 2011: $13,937,214Net Assets 2011: $4,555,7912011Assets 2014: $23,479,409Liabilities 2014: $17,143,400Net Assets 2014: $6,336,0092014Assets 2015: $27,659,250Liabilities 2015: $17,841,100Net Assets 2015: $9,818,1502015Assets 2017: $35,621,394Liabilities 2017: $29,129,930Net Assets 2017: $6,491,4642017Assets 2018: $34,756,118Liabilities 2018: $29,033,511Net Assets 2018: $5,722,6072018Assets 2019: $35,562,414Liabilities 2019: $30,839,133Net Assets 2019: $4,723,2812019Assets 2020: $36,342,801Liabilities 2020: $31,871,366Net Assets 2020: $4,471,4352020Assets 2021: $34,800,632Liabilities 2021: $26,780,247Net Assets 2021: $8,020,3852021Assets 2022: $41,814,440Liabilities 2022: $34,049,640Net Assets 2022: $7,764,8002022Assets 2024: $46,120,320Liabilities 2024: $33,190,416Net Assets 2024: $12,929,9042024

Highlighted filing

2024

Assets$46,120,320
Liabilities$33,190,416
Net Assets$12,929,904

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$80M$60M$40M$20M$0-$20MExpenses 2010: $23,630,1022010Expenses 2011: $24,280,1302011Revenue 2014: $33,603,569Expenses 2014: $31,712,195Net Income 2014: $1,891,3742014Revenue 2015: $40,424,634Expenses 2015: $36,942,493Net Income 2015: $3,482,1412015Revenue 2017: $46,902,983Expenses 2017: $47,157,722Net Income 2017: -$254,7392017Revenue 2018: $47,405,521Expenses 2018: $48,174,378Net Income 2018: -$768,8572018Revenue 2019: $47,888,728Expenses 2019: $48,888,054Net Income 2019: -$999,3262019Revenue 2020: $48,466,295Expenses 2020: $48,718,141Net Income 2020: -$251,8462020Revenue 2021: $51,638,775Expenses 2021: $48,089,725Net Income 2021: $3,549,0502021Revenue 2022: $51,791,041Expenses 2022: $52,021,817Net Income 2022: -$230,7762022Revenue 2024: $58,408,780Expenses 2024: $61,475,656Net Income 2024: -$3,066,8762024

Highlighted filing

2024

Revenue$58,408,780
Expenses$61,475,656
Net Income-$3,066,876

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$58,967,448
Mission and Program Overview

Mission

Risewell assists individuals and families in meeting their own needs within communities through self-help, provision of quality services, advocacy and development of resources. We help individuals and communities flourish by helping people to help themselves become productive participants in community life.

Partners with individuals, families & communities to promote wellness & enrich quality of life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$11,030,524$10,364,130▼ $666,394
Accounts Receivable$3,259,623$6,887,528▲ $3,627,905
Pledges and Grants Receivable$13,046,777$4,168,607▼ $8,878,170
Savings and Temporary Cash Investments$142,175$2,027,785▲ $1,885,610
Prepaid Expenses and Deferred Charges$2,730,095$1,990,883▼ $739,212
Cash and Non-Interest-Bearing Accounts$2,387,532$1,159,873▼ $1,227,659
Inventories for Sale or Use-$45,283-
Total Assets$53,447,060$46,120,320▼ $7,326,740
Other Assets Total$20,850,334$19,476,231▼ $1,374,103
Liabilities
Other Liabilities$20,971,714$21,030,528▲ $58,814
Escrow Account Liability$7,180,360$7,180,360→ $0
Unsecured Notes Loans Payable$2,100,000--
Mortgage Notes Payable Secured by Investment Property$2,147,153$1,914,497▼ $232,656
Accounts Payable and Accrued Expenses$2,807,985$1,302,886▼ $1,505,099
Tax Exempt Bond Liabilities$1,314,590$1,082,590▼ $232,000
Deferred Revenue$928,478$679,555▼ $248,923
Total Liabilities$37,450,280$33,190,416▼ $4,259,864
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$15,936,456$12,869,580▼ $3,066,876
Net Assets With Donor Restrictions$60,324$60,324→ $0
Total Net Assets Fund Balance$15,996,780$12,929,904▼ $3,066,876
Total Liabilities and Net Assets / Fund Balance$53,447,060$46,120,320▼ $7,326,740

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,007,635$10,869,451$17,877,086
Other Land Buildings$1,292,090$1,488,153$2,780,243
Land$1,875,376-$1,875,376
Equipment$189,029$1,567,361$1,756,390
Other Assets Org$2,387,765--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Karine GrigoryantsAssistant Medical DirectorFT$408,063$10,366$418,429
Philip MatcovskyChief Operating OfficerFT$384,835$28,029$412,864
Anthony AngeloChief Medical OfficerFT$380,349$10,366$390,715
Barbara FaronChief Executive OfficerFT$334,162$48,057$382,219
Stephen MccarthyChief Financial OfficerFT$309,255$50,911$360,166
Tracy Ann FalknerDeputy Chief Operating OfficerFT$248,428$47,114$295,542
Elizabeth GalatiDeputy Chief Operating OfficerFT$254,470$20,511$274,981
Marie Karine CharlotPsychiatristFT$254,963$16,051$271,014
Carissa RomanoDirector of Integrated CareFT$218,812$15,052$233,864
Olabisi OshikanluNurse PractitionerFT$164,044$13,194$177,238
Jennifer AldrichSr Director of Clinical ServicesFT$152,847$12,903$165,750
Michelle CohnDirector of Human ResourceFT$158,319$5,987$164,306
Christina MccourtRegistered NurseFT$144,581$12,650$157,231
Carletta GreenDirector of Managed Care PartnershipFT$152,152$4,593$156,745

Board Members and Trustees

NameTitle
Nancy SchonbergPresident
Edward VaronVice President
Leonard C AchanDirector
Richard TuranDirector
Greg DursoSecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Level Line General Contracting LLCGeneral Contractor220 SAINT MARKS PL, Massapequa, NY 11758$851,971
Lincoln Computer Services LLCManaged It Services25 BLOOMINGDALE ROAD, Hicksville, NY 11801$748,774
Ham-r-time Contracting INCGeneral Contractor95 RIDER AVENUE, Patchogue, NY 11772$521,105
Jte EnterprisesContracted Transportation390 SUFFOLK AVE, Islandia, NY 11749$459,402
Dulligan's Do It All LandscapingLandscapingPO BOX 460, Massapequa, NY 11762-0460$446,408
Revenue and Support

Revenue Composition

Contributions and Grants
$40,493,910
Program Service Revenue
$17,888,282
Investment Income
$12,070
Other Revenue
$14,518
All Other Contributions
$390
Change in Net Assets
$-3,066,876
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$31,659,760
Other Expenses$29,815,896
Total Fundraising Expense$674,207
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$21,039,194$2,093,451$126,844$23,259,489
Occupancy$14,953,036$192,260$216$15,145,512
Payroll Taxes$2,528,099$420,649$28,103$2,976,851
Current Officers, Directors, Trustees, and Key Employees$1,173,812$1,760,718-$2,934,530
Other Employee Benefits$2,228,873$234,168$25,849$2,488,890
Fees for Services Management$1,587,481$400,663$202,000$2,190,144
All Other Expenses$948,063$861,054$42,019$1,851,136
Insurance$1,606,087$156,292$18,858$1,781,237
Office Expenses$911,963$232,118$7,884$1,151,965
Information Technology$653,708$179,912$5,118$838,738
Depreciation Depletion$633,953$79,878$59,402$773,233
Travel$417,117$48,186$7,987$473,290
Fees for Services Legal$209,678$200,658$62,044$472,380
Other Expenses$407,861$17,225$1,189$407,861
Interest-$222,486$85,223$307,709
Fees for Services Accounting-$262,345-$262,345
Fees for Services Lobbying$186,000--$186,000
Conferences and Meetings$22,814$58,459-$81,273
Fees for Services Other$74,687$1,106$1,471$77,264
Total Functional Expenses$53,253,521$7,547,928$674,207$61,475,656
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Advances$16,397,477
Operating Lease Liabilities$2,365,344
Due to Nys Office of Mental Health$1,689,449
Other Liabilities$578,258

Bond Issues

BondIssuerIssuedIssue PricePurpose
ASuffolk County Economic Development Corporation2015-06-19$3,035,000REFINANCE 00 & 10 BOND

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$3,035,000$2,948,952-$60,700

Bond Financing Compliance

No rebate due
No
Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A copy will not be provided to the governing body before being filed since return is not complete.

Form 990, Part VI, Section B, Line 12C

The employee handbook outlines an expectation for all employees to be loyal to the agency and for their personal and professional interests to not conflict with the principles, policies, practices and services of risewell. The policy requires any potential conflict of interest to be reported to the chief executive officer. All staff are required to acknowledge the employee handbook upon hire and annually thereafter. In addition board members and officers are given an additional policy that outlines specific procedures such as the exclusion of the board member from quorum and voting on such business that involves a conflict of interest and giving more bright-line tests as to what constitute such a conflict of interest that would require disclosure to the board. Board members are required to complete a questionnaire annually that inquires as to other compensation, gifts, transactions received by entities doing business with the agency either to the relevant board member or officer and/or his or her family. The policy acknowledgement and questionnaire is kept on file with the human resources department.

Form 990, Part VI, Section B, Line 15

The board has a separate compensation committee that uses compensation studies and form 990s from other organizations to determine compensation and votes on each compensation raise. The board minutes include both the approval of compensation as well as exhibits that demonstrate the commercial reasonableness.

Form 990, Part VI, Section C, Line 19

The governing documents and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Risewell Community Services Inc Fka
EIN
23-7237931
Phone
6316695355
Address
1 FARMINGDALE ROAD, WEST BABYLON, NY 11704

Signing Officer

Name
Stephen Mccarthy
Title
CFO
Phone
6316695355
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Philip Matcovsky
Formed
1972
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
643
Volunteers
186

Preparer

Firm
Baker Tilly Advisory Group Lp
Address
1500 RXR PLAZA WEST TOWER, UNIONDALE, NY 11556
Preparer
Catherine Petercsak
Phone
5167472000
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 2B

Federation has entered into a co-employment agreement with alcott hr group llc ("alcott") as a certified professional employer organization within the meaning of code section 3511. Alcott is the employer of record and is responsible for filing all federal, state and local employment and payroll tax returns under its name and tin. To the extent payments to alcott are for compensation for its administrative services, those payments are reflected on form 990, part vii, section b.

Financial Statement Notes

PART IV, LINE 2B:

The company acts as agent for the clients in its representative payee program who receive benefits and retirement income payments from governmental and private sources. In addition, the company also acts as agent for its clients that receive benefits under the united states veterans administration. The company maintains the records and is responsible for disbursing payments out of these funds for the clients' living and program-related expenses.

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IRS990/Desc0RESIDENTIAL - RISEWELL ASSISTS INDIVIDUALS AND FAMILIES, WITH ELDERLY AND/OR DISABLED MEMBERS, TO MEET THEIR OWN NEEDS THROUGH SELF HELP, PROVISION OF QUALITY SERVICES, ADVOCACY AND DEVELOPMENT OF RESOURCES. THE BELIEF IS THAT INDIVIDUALS AND COMMUNITIES FLOURISH BY HELPING PEOPLE HELP THEMSELVES TO BECOME PRODUCTIVE PARTICIPANTS IN COMMUNITY LIFE. RISEWELL OFFERS INDIVIDUALS RECOVERING FROM MENTAL ILLNESS THE OPPORTUNITY TO RETURN TO WORK IN A SUPPORTIVE ENVIRONMENT. THROUGH THE COMPANION PROGRAM PEOPLE ARE PROVIDED WITH PREVOCATIONAL ON-SITE TRAINING, SUPPORT, A DAILY STIPEND AND TRAVEL REIMBURSEMENT WHILE WORKING WITH OTHER INDIVIDUALS IN THE COMMUNITY RECOVERING FROM A MENTAL ILLNESS. RISEWELL'S OUTREACH PROGRAMS PROVIDE EMERGENCY CRISIS ASSISTANCE, IMMEDIATE SUPPORT ADVOCACY, AND INFORMATION AND REFERRALS TO THE HOMELESS, AND INDIVIDUALS AND FAMILIES RECOVERING FROM MENTAL ILLNESS THROUGH A MOBILE OUTREACH UNIT, PHONE CONTACT AND OFFICE VISITS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR OF HUMAN RESOURCE
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IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR OF MANAGED CARE PARTNERSHIP
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