Community Options New York Inc
- Assets
- $30.1m
- Revenue
- $34.3m
- Investments
- $0.0
- Employees
- 839
- Location
- Princeton, NJ
- Founding
- 05/1998
- Data as of
- 06/2022
- EIN
- 11-3414724
Organization Overview
Community Options New York Inc is located in Princeton, NJ. The organization was established in 1998. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Community Options New York Inc employed 839 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Options New York 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 06/2022, Community Options New York Inc generated $34.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.2% each year . All expenses for the organization totaled $31.4m during the year ending 06/2022. While expenses have increased by 15.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WORKING & RECREATIONAL OPTIONS TO HELP FACILITATE FRIENDSHIPS WITH PERSONS WITH DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMPLOYMENT SERVICES AND DAY HABILITATION- PROVIDES EMPLOYMENT COUNSELING AND SUPPORT SERVICES TO INDIVIDUALS WITH DISABILITIES. THE PURPOSE IS TO INCREASE THE INDIVIDUAL'S SELF-ESTEEM WHILE ENABLING THEM TO CONTRIBUTE TO THE COMMUNITY.
RESIDENTIAL SERVICES- PROVIDES HOUSING AND OTHER RESIDENTIAL SERVICES TO INDIVIDUALS WITH DISABILITIES. THE PURPOSE IS TO EMPOWER PERSONS WITH DISABILITIES TO LIVE PRODUCTIVE LIVES WITHIN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kerry Murray State Director | Officer | 40 | $225,076 |
Regina Taylor Tuck Executive Director | 40 | $131,247 | |
Jill Lovuolo Executive Director | 40 | $111,915 | |
Robert Stack Chairman | OfficerTrustee | 2 | $0 |
Caitlin Ondrejack Secretary | OfficerTrustee | 2 | $0 |
David Sweeney Chief Financial Officer | Officer | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gary W Hemingway Construction | 6/29/20 | $155,639 |
Sjc Remodeling Construction | 6/29/20 | $125,690 |
Gary W Hemingway Construction | 6/29/20 | $155,639 |
Sjc Remodeling Construction | 6/29/20 | $125,690 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,360,268 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,100 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,367,368 |
| Total Program Service Revenue | $31,318,116 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$550,633 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $34,330,215 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $455,420 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $495,383 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $20,415,317 |
| Pension plan accruals and contributions | $104,255 |
| Other employee benefits | $2,164,973 |
| Payroll taxes | $1,569,372 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $391,511 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $159,516 |
| Advertising and promotion | $305,427 |
| Office expenses | $1,036,394 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,013,393 |
| Travel | $402,537 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $680,061 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $474,754 |
| Insurance | $439,968 |
| All other expenses | $0 |
| Total functional expenses | $31,439,762 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,225,773 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $35,184 |
| Accounts receivable, net | $2,407,738 |
| 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 | $133,775 |
| Net Land, buildings, and equipment | $14,143,636 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $111,448 |
| Total assets | $30,057,554 |
| Accounts payable and accrued expenses | $4,838,845 |
| Grants payable | $694,758 |
| Deferred revenue | $2,458,181 |
| 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 | $12,507,314 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $171,189 |
| Total liabilities | $20,670,287 |
| Net assets without donor restrictions | $9,387,267 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| 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 | $30,057,554 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Community Options New York Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Brooklyn Community Foundation Brooklyn, NY PURPOSE: GENERAL SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Doe Fund Inc New York, NY | $135,128,444 | $76,076,390 |
First Chinese Presbyterian Community Affairs Home Attendant C New York, NY | $26,741,134 | $40,973,137 |
Corporation For Supportive Housing New York, NY | $191,922,281 | $44,983,722 |
Community Options New York Inc Princeton, NJ | $30,057,554 | $34,330,215 |
Lantern Community Services Inc New York, NY | $8,603,902 | $30,172,757 |
Pathstone Corporation Rochester, NY | $88,645,469 | $21,347,590 |
1260 Housing Development Corporation Philadelphia, PA | $75,955,661 | $16,577,131 |
Services For The Underserved Inc New York, NY | $8,662,192 | $15,624,121 |
Hudson River Housing Poughkeepsie, NY | $27,296,400 | $16,670,773 |
Division Housing Corporation Brooklyn, NY | $37,066,960 | $16,618,579 |
Affordable Housing Alliance Inc Neptune, NJ | $23,008,220 | $15,041,931 |
New Community Corporation Newark, NJ | $92,222,632 | $16,838,314 |