Yedei Chesed Inc
- Assets
- $23.3m
- Revenue
- $44.9m
- Investments
- $0.0
- Employees
- 1,724
- Location
- Chestnut Ridge, NY
- Founding
- 11/1999
- Data as of
- 12/2021
- EIN
- 13-3728771
Organization Overview
Yedei Chesed Inc, operating under the name Selectcare, is located in Chestnut Ridge, NY. The organization was established in 1999. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 12/2021, Selectcare employed 1,724 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Selectcare 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 12/2021, Selectcare generated $44.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.9% each year . All expenses for the organization totaled $40.7m during the year ending 12/2021. While expenses have increased by 19.1% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SERVICES FOR THE DEVELOPMENTALLY DISABLED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE PROVIDED FISCAL INTERMEDIARY - SELF-DIRECTED SERVICES TO DEVELOPMENTALLY DISABLED INDIVIDUALS.
OUR INDIVIDUAL RESIDENTIAL ALTERNATIVE PROGRAM PROVIDED SUPERVISED AND SUPPORTIVE ROOM & BOARD FOR DEVELOPMENTALLY DISABLED INDIVIDUALS.
OUR PREVOCATIONAL SERVICES PREPARE INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES FOR PAID EMPLOYMENT OR MEANINGFUL COMMUNITY ACTIVITIES.
DAY HABILITATION SERVICES, COMMUNITY HABILITATION SERVICES, FAMILY SUPPORT SERVICES,SUPPORTED EMPLOYMENT, ASSISTIVE SUPPORT, FISCAL INTERMEDIARY SERVICES AND OTHER SERVICES BENEFITING THE DEVELOPMENTALLY DISABLED COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Sternhill Executive Di | Officer | 40 | $276,008 |
Pedram Hakakian Chief Operat | 40 | $151,979 | |
Anita Reisman Director Of | 40 | $116,127 | |
Chaya Celnik Controller | 40 | $102,354 | |
Dovid Shaya Goldfinger Secretary | OfficerTrustee | $0 | |
Eliezer Gewirtzman President | OfficerTrustee | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Evero Corp Billing Service | 12/30/21 | $466,434 |
The Successful Learning Center Inc Fi Service | 12/30/21 | $352,321 |
Music For Live Creative Arts Therapy Fi Service | 12/30/21 | $146,484 |
Itcon Inc It Service | 12/30/21 | $143,777 |
The Playroom Community Center Altern. Therapy | 12/30/21 | $168,953 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,900,778 |
| All other contributions, gifts, grants, and similar amounts not included above | $103,870 |
| Noncash contributions included in lines 1a–1f | $2,932,500 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,004,648 |
| Total Program Service Revenue | $40,759,952 |
| Investment income | $3,867 |
| 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 | $44,946,201 |
| 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. | $362,079 |
| Compensation of current officers, directors, key employees. | $362,079 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $22,319,426 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,467,787 |
| Payroll taxes | $2,516,336 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $68,507 |
| Fees for services: Accounting | $54,085 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $564,299 |
| Advertising and promotion | $17,857 |
| Office expenses | $1,057,618 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $475,486 |
| Travel | $353,403 |
| 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 | $379,187 |
| Insurance | $110,764 |
| All other expenses | $8,379 |
| Total functional expenses | $40,702,371 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,228,244 |
| Savings and temporary cash investments | $1,454,301 |
| Pledges and grants receivable | $296,478 |
| Accounts receivable, net | $6,270,869 |
| 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 | $20,207 |
| Net Land, buildings, and equipment | $7,915,959 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $121,182 |
| Total assets | $23,307,240 |
| Accounts payable and accrued expenses | $2,695,359 |
| Grants payable | $0 |
| Deferred revenue | $52,437 |
| 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 | $3,451,111 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $68,648 |
| Total liabilities | $6,267,555 |
| Net assets without donor restrictions | $17,039,685 |
| 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 | $23,307,240 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Yedei Chesed Inc has recieved totaling $61,240.
| Awarding Organization | Amount |
|---|---|
Kceg Foundation Monsey, NY PURPOSE: CHARITABLE | $36,000 |
Jeannette & H Peter Kriendler Charitable Trust New York, NY PURPOSE: ORGANIZATION'S GENERAL | $15,000 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $10,240 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Howardcenter Inc Burlington, VT | $50,530,652 | $112,967,420 |
Open Sky Community Services Inc Worcester, MA | $49,353,222 | $95,640,760 |
Center For Family Services Inc Camden, NJ | $47,141,556 | $95,147,617 |
Bronx Parent Housing Network Inc Bronx, NY | $36,981,186 | $84,449,036 |
Senior Health Properties-South Inc Bala Cynwyd, PA | $22,024,850 | $74,814,140 |
Toward Independent Living & Learning Inc Dedham, MA | $105,262,723 | $73,578,332 |
The Bridge Inc New York, NY | $39,348,732 | $57,559,803 |
Ability Beyond Disability Inc Bethel, CT | $36,674,739 | $52,693,685 |
Citizen Advocates Inc Malone, NY | $27,154,352 | $47,844,425 |
Continuum Of Care Inc New Haven, CT | $19,340,756 | $52,456,759 |
Jawonio Inc New City, NY | $45,101,853 | $45,626,177 |
Greatcare Inc New York, NY | $4,284,136 | $43,084,551 |