Palladia Inc
- Assets
- $12.9m
- Revenue
- $37.9m
- Investments
- $0.0
- Employees
- 358
- Location
- New York, NY
- Founding
- 02/2006
- Data as of
- 06/2018
- EIN
- 23-7089380
Organization Overview
Palladia Inc is located in New York, NY. The organization was established in 2006. According to its NTEE Classification (F22) the organization is classified as: Substance Abuse Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2018, Palladia Inc employed 358 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Palladia 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 06/2018, Palladia Inc generated $37.9m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $35.1m during the year ending 06/2018. As we would expect to see with falling revenues, expenses have declined by (4.1%) per year over the past 4 years. 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT INDIVIDUALS AND FAMILIES FACING CHALLENGES OF ADDICTION, HOMELESSNESS, DOMESTIC VIOLENCE AND TRAUMA. SERVICES ARE DELIVERED IN NEW YORK CITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOUSING SERVICES - SUPPORTIVE HOUSING SERVICES PROVIDES ON-GOING CASE MANAGEMENT SERVICES TO ALL TENANTS LIVING IN OUR SCATTERED SITE AND CONGREGATE PERMANENT HOUSING. SERVICES FOCUS ON FAMILY REUNIFICATION, RESIDENTIAL AND FAMILY STABILITY, INDEPENDENCE, SELF-SUFFICIENCY, RELAPSE PREVENTION AND RECOVERY ISSUES, MENTAL HEALTH ISSUES, EDUCATIONAL TRAINING AND RESPONSIBILITY IN THE MANAGEMENT OF OUR CLIENTS' LIVES.
SUBSTANCE ABUSE SERVICES - TO BREAK THE CYCLE OF POVERTY AND CHEMICAL DEPENDENCE, PALLADIA OFFERS RESIDENTIAL AND OUTPATIENT TREATMENT FOR INDIVIDUALS AND FAMILIES STRUGGLING WITH CHEMICAL DEPENDENCE. THESE SUBSTANCE ABUSE SERVICES ARE PROVIDED THROUGH FOUR RESIDENTIAL SERVICE PROGRAMS AND THREE OUTPATIENT PROGRAMS AND SERVE MORE THAN 600 INDIVIDUALS DAILY. THE RESIDENTIAL SERVICES ALSO PROVIDE SUPPLEMENTAL EDUCATION, VOCATIONAL TRAINING AND PLACEMENT AND FAMILY REUNIFICATION. PALLADIA HAS ALSO ASSUMED A LEADERSHIP ROLE IN DEVELOPING PROGRAMMING FOR MEN AND WOMEN WITH A CO-OCCURRENCE OF MENTAL ILLNESS AND SUBSTANCE ABUSE.
HOMELESS PREVENTION SERVICES - PALLADIA PROVIDES HOMELESS PREVENTION SERVICES ON AN OUTPATIENT BASIS, AS WELL AS PERMANENT HOUSING TO ABOUT 800 CLIENTS DAILY. OUR PURPOSE IS TO KEEP FAMILIES TOGETHER AND REUNITE THEM, TO PROVIDE JOB TRAINING AND ENCOURAGE CONTINUING EDUCATION, TO OFFER A SAFE HAVEN AND TO MAKE PERMANENT AND STABLE HOME A REALITY FOR HUNDREDS OF HOMELESS INDIVIDUALS AND FAMILIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynda D Jones-Johnson VP Of Behavioral Health | 40 | $121,046 | |
Sharon Dorr VP Of Homeless Services | 40 | $120,661 | |
Lisa Snider Regional Director | 40 | $105,807 | |
Joan Salmon Regional Director | 40 | $100,561 | |
Jonathan Werlin Assistant VP Sibi | 40 | $100,203 | |
Joann Sacks Chairperson | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kucker Bruh Llp Legal | 6/29/18 | $323,309 |
Millin Associates Llc Medical Billing | 6/29/18 | $138,402 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,854,794 |
| Investment income | $7,132 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $77,266 |
| 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 | $37,934,370 |
| Statement of Expenses | |
|---|---|
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $14,112,097 |
| Pension plan accruals and contributions | $3,317 |
| Other employee benefits | $1,937,321 |
| Payroll taxes | $1,693,452 |
| Fees for services: Management | $1,797,468 |
| Fees for services: Legal | $324,549 |
| Fees for services: Accounting | $86,625 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $35,925 |
| Fees for services: Other | $139,768 |
| Advertising and promotion | $0 |
| Office expenses | $384,002 |
| Information technology | $211,523 |
| Royalties | $0 |
| Occupancy | $10,303,131 |
| Travel | $279,064 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,858 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,584 |
| Insurance | $193,746 |
| All other expenses | $0 |
| Total functional expenses | $35,060,077 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $97,382 |
| Savings and temporary cash investments | $5,035,539 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,214,212 |
| 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 | $25,212 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $304,284 |
| Total assets | $12,909,216 |
| Accounts payable and accrued expenses | $2,690,865 |
| Grants payable | $0 |
| Deferred revenue | $1,891,943 |
| 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 | $400,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,052,218 |
| Total liabilities | $14,035,026 |
| Net assets without donor restrictions | -$1,125,810 |
| 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 |
| Total liabilities and net assets/fund balances | -$1,125,810 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Helio Health Inc Syracuse, NY | $72,770,323 | $84,614,502 |
Puerto Rican Orgnz To Motivate Enlighten & Serve Addicts Inc Bronx, NY | $96,919,355 | $79,584,077 |
Horizon House Rehabilitation Serv Inc Philadelphia, PA | $14,312,848 | $47,190,161 |
Northeast Treatment Centers Inc Philadelphia, PA | $32,576,263 | $43,098,585 |
The Connection Inc Middletown, CT | $7,357,877 | $41,021,166 |
Fortune Society Inc Long Island City, NY | $19,683,060 | $41,268,534 |
Vocational Instruction Project Community Services Inc Bronx, NY | $67,586,473 | $41,799,311 |
Palladia Inc New York, NY | $12,909,216 | $37,934,370 |
Rushford Center Inc Meriden, CT | $17,459,566 | $30,918,897 |
Gateway Rehabilitation Center Moon Township, PA | $23,829,344 | $31,864,968 |
Odyssey House Inc New York, NY | $54,299,421 | $30,044,456 |
Gosnold Inc Falmouth, MA | $11,214,398 | $30,130,611 |