C A B S Home Attendants Service Inc
- Assets
- $19.8m
- Revenue
- $40.2m
- Investments
- $0.0
- Employees
- 1,181
- Location
- Brooklyn, NY
- Founding
- 10/1980
- Data as of
- 12/2023
- EIN
- 11-2503313
Organization Overview
C A B S Home Attendants Service Inc is located in Brooklyn, NY. The organization was established in 1980. According to its NTEE Classification (P44) the organization is classified as: In-Home Assistance, under the broad grouping of Human Services and related organizations. As of 12/2023, C A B S Home Attendants Service Inc employed 1,181 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. C A B S Home Attendants Service 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 12/2023, C A B S Home Attendants Service Inc generated $40.2m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $40.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE HOME CARE SERVICES TO ELDERLY AND DISABLED
Describe the Organization's Program Activity:
THE PROGRAM EXPENSES ARE FOR HOME ATTENDANT SERVICES TO 1400 CASES. ELIGIBILITY IS DETERMINED BY THE NYC DEPT. OF SOCIAL SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Andrews Chairman Of The Board | Officer | 5 | $0 |
Burnetta Mazyck Director | Officer | 5 | $0 |
Nancy Garlick Treasuer/secretary | Officer | 5 | $0 |
Carmen Rodriguez Director | Trustee | 5 | $0 |
Margaret Agudelo Dir Business Operations | 40 | $160,134 | |
Sherly Demosthenes- Atkinson Chief Executive Officer | 40 | $239,070 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $40,070,526 |
| Investment income | $150,025 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $40,220,551 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $399,204 |
| Compensation of current officers, directors, key employees. | $399,204 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $29,629,854 |
| Pension plan accruals and contributions | $439,960 |
| Other employee benefits | $4,537,583 |
| Payroll taxes | $2,359,577 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $21,649 |
| Fees for services: Accounting | $27,525 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $39,836 |
| Office expenses | $151,409 |
| Information technology | $267,944 |
| Royalties | $0 |
| Occupancy | $309,975 |
| Travel | $24,630 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,342 |
| Insurance | $257,897 |
| All other expenses | $1,424,414 |
| Total functional expenses | $40,042,104 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,052,300 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,970,475 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,730,693 |
| Total assets | $19,753,468 |
| Accounts payable and accrued expenses | $5,893,525 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $24,949 |
| Total liabilities | $5,918,474 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $13,834,994 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $19,753,468 |