Center For Vocational Rehabilitation Inc
- Assets
- $4.1m
- Revenue
- $4.7m
- Investments
- $0.0
- Employees
- 186
- Location
- Eatontown, NJ
- Founding
- 11/1957
- Data as of
- 03/2022
- EIN
- 21-0689134
Organization Overview
Center For Vocational Rehabilitation Inc is located in Eatontown, NJ. The organization was established in 1957. According to its NTEE Classification (J30) the organization is classified as: Vocational Rehabilitation, under the broad grouping of Employment and related organizations. As of 03/2022, Center For Vocational Rehabilitation Inc employed 186 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center For Vocational Rehabilitation 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 03/2022, Center For Vocational Rehabilitation Inc generated $4.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $3.7m during the year ending 03/2022. While expenses have increased by 1.9% 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
VOCATIONAL REHABILITATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
VOCATIONAL REHABILITATION - COUNSELING, TRAINING, AND EVALUATING THE HANDICAPPED IN AN EFFORT FOR THEM TO ATTAIN A CERTAIN LEVEL OF INDEPENDENCE AND PRODUCTIVITY
EMPLOYMENT AND TRAINING - JOB COACHING, TRAINING HANDICAPPED INDIVIDUALS IN PARTICULAR JOBS AND JOB FUNCTIONS AT A JOB SITE SO THAT THEY CAN MAINTAIN EMPLOYMENT AND BE PRODUCTIVE INDIVIDUALS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russel Anderson President | Officer | 40 | $169,217 |
Karen Cosenza Vice Prez/co | Officer | 40 | $76,256 |
Bruce Bradley Board Chairm | Trustee | 1 | $0 |
Edward V Moro Chairman Eme | Trustee | 1 | $0 |
Mike Geer Board Member | Trustee | 1 | $0 |
Robert Walsh Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,435,914 |
| All other contributions, gifts, grants, and similar amounts not included above | $133,170 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,569,084 |
| Total Program Service Revenue | $2,068,295 |
| Investment income | $20,304 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $38,400 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $41,404 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,748,138 |
| 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. | $269,979 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,072,651 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $156,882 |
| Payroll taxes | $274,537 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $55,984 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,832 |
| Advertising and promotion | $32,674 |
| Office expenses | $130,416 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $105,983 |
| Travel | $193,601 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $53,832 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $169,263 |
| Insurance | $145,756 |
| All other expenses | $0 |
| Total functional expenses | $3,692,800 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $431,460 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $44,460 |
| Accounts receivable, net | $366,347 |
| 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 | $11,358 |
| Net Land, buildings, and equipment | $1,829,403 |
| Investments—publicly traded securities | $1,245,619 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $200,219 |
| Total assets | $4,128,866 |
| Accounts payable and accrued expenses | $105,089 |
| 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 | $1,072,854 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,177,943 |
| Net assets without donor restrictions | $2,950,923 |
| 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 | $4,128,866 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Center For Vocational Rehabilitation Inc has recieved totaling $405.
| Awarding Organization | Amount |
|---|---|
Columbia Bank Foundation Fair Lawn, NJ PURPOSE: 15TH ANNUAL CASIONO NIGHT - 9/15/21 FULL PAGE AD | $400 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Work & Independence Inc Glens Falls, NY | $10,451,280 | $22,331,025 |
Hudson Community Enterprises Inc Jersey City, NJ | $11,931,222 | $18,486,775 |
Threshold Rehabilitation Services Inc Reading, PA | $11,899,909 | $17,640,016 |
Community Integrated Services Philadelphia, PA | $2,476,322 | $14,565,645 |
Beaver County Rehabilitation Center Inc Aliquippa, PA | $10,513,213 | $9,961,243 |
Opportunity Center Incorporated New Castle, DE | $5,700,822 | $7,361,490 |
Sparc Services Philadelphia, PA | $16,875,723 | $9,202,219 |
Developemental Enterprises Corp Norristown, PA | $9,937,863 | $6,387,939 |
Kent-Sussex Industries Inc Milford, DE | $7,342,017 | $7,489,169 |
Suncom Industries Inc Northumberland, PA | $5,723,702 | $8,055,625 |
Abilities Center Of Southern New Jersey Westville, NJ | $7,128,152 | $6,867,830 |
Lifes Work Of Western Pa Pittsburgh, PA | $5,129,196 | $4,920,137 |