Civic Intelligence

Concepts of Independence Inc

EIN 51-0239824 • 501(c)3 • New York, NY

Profile

Concepts of Independence is a not-for-profit organization that serves severely disabled individuals in New York that are recipients of personal care assistance services that are funded though NYS Medicaid. Concepts' role is to provide payroll processing, monitoring, fiscal intermediary and other vendor responsibilities. Concepts' services are available throughout New York City's five boroughs and several NYS counties.

120 Wall Street 9th FloorNew York, NY 10005

www.coiny.org

Siviq Scores

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

Liabilities / Assets

45th percentile

0.22x

Higher debt load relative to assets than 45% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

24th percentile

0.16x

Higher debt load relative to revenue than 24% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Net Margin

45th percentile

3.0%

Higher net margin than 45% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

24th percentile

$300,954

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 0.2% of source-year revenue.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Asset Growth

19th percentile

-1.3%

Faster asset growth than 19% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

28th percentile

0.4%

Faster revenue growth than 28% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Assets

Down

$122,994,474

Down $1,679,555 (-1.3%) from 2023

Liabilities

Down

$26,551,888

Down $1,708,401 (-6.0%) from 2023

Net Assets

Up

$96,442,586

Up $28,846 (+0.0%) from 2023

Revenue

Up

$166,416,792

Up $648,221 (+0.4%) from 2023

Expenses

Down

$161,363,896

Down $2,660,424 (-1.6%) from 2023

Net Income

Up

$5,052,896

Up $3,308,645 (+190%) from 2023

Trend Graphs

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2010: $21,462,136Liabilities 2010: $12,130,520Net Assets 2010: $9,331,6162010Assets 2011: $24,540,173Liabilities 2011: $14,291,340Net Assets 2011: $10,248,8332011Assets 2012: $33,770,665Liabilities 2012: $12,496,851Net Assets 2012: $21,273,8142012Assets 2013: $25,919,742Liabilities 2013: $10,802,792Net Assets 2013: $15,116,9502013Assets 2014: $25,993,843Liabilities 2014: $13,322,257Net Assets 2014: $12,671,5862014Assets 2015: $53,582,194Liabilities 2015: $37,082,907Net Assets 2015: $16,499,2872015Assets 2016: $58,435,881Liabilities 2016: $28,982,035Net Assets 2016: $29,453,8462016Assets 2017: $66,107,670Liabilities 2017: $31,840,099Net Assets 2017: $34,267,5712017Assets 2018: $66,486,468Liabilities 2018: $33,624,998Net Assets 2018: $32,861,4702018Assets 2020: $98,169,572Liabilities 2020: $32,850,091Net Assets 2020: $65,319,4812020Assets 2021: $106,794,018Liabilities 2021: $35,610,081Net Assets 2021: $71,183,9372021Assets 2022: $128,168,608Liabilities 2022: $33,499,119Net Assets 2022: $94,669,4892022Assets 2023: $124,674,029Liabilities 2023: $28,260,289Net Assets 2023: $96,413,7402023Assets 2024: $122,994,474Liabilities 2024: $26,551,888Net Assets 2024: $96,442,5862024

Highlighted filing

2024

Assets$122,994,474
Liabilities$26,551,888
Net Assets$96,442,586

Operations Trend

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

$300M$200M$100M$0-$100MExpenses 2010: $72,343,4512010Expenses 2011: $70,636,8472011Expenses 2012: $74,925,0082012Expenses 2013: $83,660,7242013Revenue 2014: $106,205,888Expenses 2014: $109,639,281Net Income 2014: -$3,433,3932014Revenue 2015: $134,096,516Expenses 2015: $131,967,397Net Income 2015: $2,129,1192015Revenue 2016: $172,011,499Expenses 2016: $159,056,940Net Income 2016: $12,954,5592016Revenue 2017: $187,592,297Expenses 2017: $181,721,084Net Income 2017: $5,871,2132017Revenue 2018: $189,930,295Expenses 2018: $187,776,394Net Income 2018: $2,153,9012018Revenue 2020: $201,752,319Expenses 2020: $194,845,727Net Income 2020: $6,906,5922020Revenue 2021: $182,138,193Expenses 2021: $176,456,646Net Income 2021: $5,681,5472021Revenue 2022: $182,901,777Expenses 2022: $162,515,617Net Income 2022: $20,386,1602022Revenue 2023: $165,768,571Expenses 2023: $164,024,320Net Income 2023: $1,744,2512023Revenue 2024: $166,416,792Expenses 2024: $161,363,896Net Income 2024: $5,052,8962024

Highlighted filing

2024

Revenue$166,416,792
Expenses$161,363,896
Net Income$5,052,896

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$123$26.6$96.4$166$161$5.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$125$28.3$96.4$166$164$1.74
2022Detailed filing. Detailed filing data is available for this year.$128$33.5$94.7$183$163$20.4
2021Detailed filing. Detailed filing data is available for this year.$107$35.6$71.2$182$176$5.68
2020Detailed filing. Detailed filing data is available for this year.$98.2$32.9$65.3$202$195$6.91
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$66.5$33.6$32.9$190$188$2.15
2017Detailed filing. Detailed filing data is available for this year.$66.1$31.8$34.3$188$182$5.87
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$58.4$29.0$29.5$172$159$13.0
2015Detailed filing. Detailed filing data is available for this year.$53.6$37.1$16.5$134$132$2.13
2014Detailed filing. Detailed filing data is available for this year.$26.0$13.3$12.7$106$110$3.43
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.9$10.8$15.1$83.7
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.8$12.5$21.3$74.9
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.5$14.3$10.2$70.6
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.5$12.1$9.33$72.3
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 16, 2023
Return Version
2021v4.0
Gross Receipts
$182,901,777
Mission and Program Overview

Mission

Concepts of Independence is a not-for-profit organization that serves severely disabled individuals in New York that are recipients of personal care assistance services that are funded though NYS Medicaid. Concepts' role is to provide payroll processing, monitoring, fiscal intermediary.and other vendor responsibilities. Concepts' services are available throughout New York City's five boroughs and several NYS counties.

Concepts of Independence is a not-for-profit organization that serves severely disabled individuals in New York that are recipients of personal care assistance services that are funded though NYS Medicaid. Concepts' role is to provide payroll processing monitoring fiscal intermediary.and other vendor responsibilities. Concepts' services are available throughout New York City's five boroughs and several NYS counties.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$75,503,661$90,804,202▲ $15,300,541
Accounts Receivable$24,353,155$19,042,833▼ $5,310,322
Prepaid Expenses and Deferred Charges$1,216,495$1,118,761▼ $97,734
Savings and Temporary Cash Investments$9,649$4,796▼ $4,853
Other Notes and Loans Receivable, Net$3,567$0▼ $3,567
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
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$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$106,794,018$128,168,608▲ $21,374,590
Other Assets Total$5,707,491$17,198,016▲ $11,490,525
Liabilities
Accounts Payable and Accrued Expenses$35,610,081$33,499,119▼ $2,110,962
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$35,610,081$33,499,119▼ $2,110,962
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$67,882,722$94,796,690▲ $26,913,968
Net Assets With Donor Restrictions$3,301,215$-127,201▼ $3,428,416
Total Net Assets Fund Balance$71,183,937$94,669,489▲ $23,485,552
Total Liabilities and Net Assets / Fund Balance$106,794,018$128,168,608▲ $21,374,590

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$250,655--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Anthony CaputoPresidentPT$251,472$10,641$262,113
Maria MischkeDeputy DirectorPT$203,696$22,308$226,004
Zbigniew MejranDirector of ItPT$138,611$22,308$160,919
Joseph LawlisDirector of OutreachPT$124,784$21,302$146,086
Jose RodriguezDirector of BllngPT$120,904$19,741$140,645
Donette TurnageDirector of IntakePT$116,931$13,601$130,532
Tiffany KuangDirector of CntrctPT$103,232$12,572$115,804

Board Members and Trustees

NameTitle
Nancy BrownChairman
Joan VitielloVice President
John Lewis BrownBoard Member
Westley PembertonBoard Member
Zoe AgiosBoard Member
Judith TshibanguSecretary
Louise WeathersTreasuer

Highest Paid Contractors

ContractorServicesLocationCompensation
Mobile Health Management ServicesMedical Exams252 WEST 37TH STREET 8TH FLOOR, New York, NY 10018$475,481
Homecare Software SolutionsComputer ServicesPO BOX 780775, Philadelphia, PA 19178$448,520
Basic Pay LLCPayroll Services213 WEST 29TH STREET, New York, NY 10101$304,160
Friedlander GroupWorkers Comp199 WATER STREET, New York, NY 10038$101,172
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$182,901,776
Investment Income
$1
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$20,386,160
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$159,472,657
Other Expenses$3,042,960
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$132,579,837$4,071,105$0$136,650,942
Payroll Taxes$19,206,691$1,577,694$0$20,784,385
Occupancy$0$1,057,905$0$1,057,905
Pension Plan Contributions$711,664$288,313$0$999,977
Information Technology$0$875,961$0$875,961
Other Employee Benefits$549,236$0$0$549,236
Comp Disqual Persons$0$488,117$0$488,117
Insurance$0$395,586$0$395,586
Fees for Services Other$0$230,217$0$230,217
All Other Expenses$0$100,046$0$100,046
Fees for Services Legal$0$71,707$0$71,707
Fees for Services Accounting$0$62,409$0$62,409
Other Expenses$0$38,938$0$38,938
Travel$0$9,232$0$9,232
Conferences and Meetings$0$887$0$887
Total Functional Expenses$153,047,428$9,468,189$0$162,515,617
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
Yes
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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

Part VI, Line 12C

We have a policy whereby officers directors and key employees are requested to notify the organization of any interest that could give rise to conflict.

Part VI, Line 15

Compensation of key employees are reviewed and presented to the board of directors for approval. In addition compensation of certain key employees are capped based on our contract with the City of New York.

Part VI, Line 18

Individuals that want to review the organization's documents policies and financial statements are asked to put their request in writing. A date is scheduled for the individual to review the requested items at our office at 120 Wall Street 9th Floor New York NY 10005.

Part VI, Line 19

Individuals that want to review the organization's documents policies and financial statements are asked to put their request in writing. A date is scheduled for the individual to review the requested items at our office at 120 Wall Street 9th Floor New York NY 10005.

Part VI, Line 11B

| Explanation:| A committee established by the governing body of the organization with the responsibilities to oversee the organization's financial reporting process monitor choice of accounting policies and principles monitor internal control processes or oversee hiring and performance of any external auditors reviews the overall adequacy and presentation of the Federal Tax Return Form 990 and any other City or State Tax Return filings prior to its submission to the different institutions

Filing and Contact Details

Filer

Filer Name
Concepts of Independence Inc
EIN
51-0239824
In Care Of
% SAME AS C ABOVE
Phone
2122939999
Address
120 WALL STREET 9TH FLOOR, NEW YORK, NY 10005

Signing Officer

Name
Anthony Caputo
Title
President
Signed
2023-05-16
Discuss with paid preparer
No

Organization Details

Principal Officer
Same as C Above
Formed
1977
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
8
Employees
6,263
Volunteers
0
Supplemental Narrative

Additional Explanations

Part XI, Line 9

| Description:, Explanation:, Amount:| UNCOLLECTIBLE RECEIVABLES, WRITE OFF OF UNCOLLECTIBLE PRIOR YEAR RECEIVABLE ., $3099392|

Raw XML AppendixShowing 400 of 831 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Concepts of Independence is a not-for-profit organization that serves severely disabled individuals in New York that are recipients of personal care assistance services that are funded though NYS Medicaid. Concepts' role is to provide payroll processing monitoring fiscal intermediary.and other vendor responsibilities. Concepts' services are available throughout New York City's five boroughs and several NYS counties.
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IRS990/ContractorCompensationGrp/CompensationAmt0101172
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IRS990/ContractorCompensationGrp/CompensationAmt2304160
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IRS990/Form990PartVIISectionAGrp/TitleTxt0President
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IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR OF CNTRCT
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IRS990/MissionDesc0Concepts of Independence is a not-for-profit organization that serves severely disabled individuals in New York that are recipients of personal care assistance services that are funded though NYS Medicaid. Concepts' role is to provide payroll processing monitoring fiscal intermediary.and other vendor responsibilities. Concepts' services are available throughout New York City's five boroughs and several NYS counties.
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