The Viscardi Center Inc

Organization Overview

The Viscardi Center Inc is located in Albertson, NY. The organization was established in 1957. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. As of 06/2021, Viscardi Center Inc employed 50 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Viscardi Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Viscardi Center Inc generated $5.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $4.8m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

EMPOWERING PEOPLE WITH DISABILITIES TO BE ACTIVE, INDEPENDENT, AND SELF-SUFFICIENT PARTICIPANTS IN OUR SOCIETY. THROUGH EDUCATION, TRAINING, LEADERSHIP & EXAMPLE WE SEEK TO PROVIDE THE HIGHEST QUALITY SERVICES AND TO INFLUENCE NATIONAL ATTITUDES, POLICIES AND LEGISLATION FOR THE BENEFIT OF THE PEOPLE WE SERVE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE RESEARCH, INNOVATION AND EXPANSION PROGRAMS PROMOTE THE DEVELOPMENT OF INNOVATIVE WAYS TO BETTER SERVE AND EMPOWER INDIVIDUALS WITH DISABILITIES THROUGH THE FUNDING OF NEW TECHNOLOGIES AND PROGRAMS. ONE SUCH INITIATIVE IS DIGITAL ACCESSIBILITY SERVICES (DAS). DAS HELPS BUSINESSES AND ORGANIZATIONS MEET EVOLVING INDUSTRY STANDARDS AND ENSURES THAT CUSTOMERS, STUDENTS AND EMPLOYEES WITH DISABILITIES GET THE MOST OUT OF DIGITAL MEDIA ENSURING SECTION 508 AND ADA COMPLIANCE. A SECOND INITIATIVE IS THE DISABILITY ENTREPRENEURSHIP INSTITUTE WHICH IS AN EXTRAORDINARY RESOURCE THAT EDUCATES AND TRANSFORMS INNOVATIVE SELF-STARTERS TO ACHIEVE SELF-EMPLOYMENT SUCCESS.


GRANTS AND OTHER ASSISTANCE TO THE CENTER'S SUBSIDARY, ABILITIES, INC., AND HENRY VISCARDI SCHOOL WERE DISBURSED TO FURTHER THEIR EXEMPT PURPOSES TO EDUCATE, TRAIN AND FACILITATE EMPLOYMENT FOR THOSE INDIVIDUALS WITH DISABILITIES.


THE REMAINING PROGRAM EXPENSES PRIMARILY REPRESENT ALLOCATED DEPRECIATION ON FIXED ASSETS AND THE COSTS OF OPERATING THE CAFETERIA FOR THE STUDENTS OF THE HENRY VISCARDI SCHOOL, CONSUMERS OF ABILITIES, INC. AND EMPLOYEES OF THOSE ORGANIZATIONS. THE HENRY VISCARDI SCHOOL AND ABILITIES, INC., BOTH 501(C)3 ORGANIZATIONS, OCCUPY THE SAME PREMISES AS THE VISCARDI CENTER. THE HENRY VISCARDI SCHOOL IS RUN BY A BOARD OF TRUSTEES INDEPENDENT OF THE VISCARDI CENTER. ABILITIES, INC. IS A SUBSIDIARY OF THE CENTER.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Colonial Crafters Inc
Construction - Independent Living House
$502,078
Strike Force Of N America
Janitorial Services
$162,022
Path Audio Visual Inc
Smart Technology -Independent Living House
$122,050
Meyer Suozzi English And Klein
Legal Services
$104,336
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$488,040
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,682,628
Noncash contributions included in lines 1a–1f $59,913
Total Revenue from Contributions, Gifts, Grants & Similar$2,170,668
Total Program Service Revenue$384,983
Investment income $353,452
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $833,246
Net Income from Fundraising Events -$9,766
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,189,611

Grants Awarded

Over the last fiscal year, The Viscardi Center Inc has awarded $1,064,926 in support to 2 organizations.

Grant RecipientAmount

HENRY VISCARDI SCHOOL

Org PageRecipient Profile

Albertson, NY

PURPOSE: Operations

$696,954

Albertson, NY

PURPOSE: Operations

$367,972
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that The Viscardi Center Inc has recieved totaling $2,000.

Awarding OrganizationAmount
John And Janet Kornreich Charitable Foundation Ltd

Old Westbury, NY

PURPOSE: CHARITABLE

$2,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$18,892,850
Earnings$4,987,796
Net Contributions$93,708
Other Expense$1,350,708
Ending Balance$22,623,646

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