Concepts Of Independence Inc

Organization Overview

Concepts Of Independence Inc is located in New York, NY. The organization was established in 1981. 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 06/2021, Concepts Of Independence Inc employed 7,907 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Concepts Of Independence 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 06/2021, Concepts Of Independence Inc generated $182.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $176.5m during the year ending 06/2021. While expenses have increased by 1.7% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CONCEPTS OF INDEPENDENCE IS A NOT-FOR-PROFIT ORGANIZATION THAT SERVES SEVERELY DISABLED INDIVIDUALS IN NEW YORK THAT ARE RECIPIENTS OF PERSONAL CARE ASSISTANCE SERVICES THAT ARE FUNDED THOUGH NYS MEDICAID. CONCEPTS' ROLE IS TO PROVIDE PAYROLL PROCESSING MONITORING FISCAL INTERMEDIARY.AND OTHER VENDOR RESPONSIBILITIES. CONCEPTS' SERVICES ARE AVAILABLE THROUGHOUT NEW YORK CITY'S FIVE BOROUGHS AND SEVERAL NYS COUNTIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CONCEPTS OF INDEPENDENCE - MANAGED CARE {COI-MC PROVIDES CONSUMER DIRECTED PERSONAL ASSISTANCE SERVICES TO MORE THAN 3,000 CONSUMERS UNDER THE MEDICAID MANAGED CARE HEALTH BENEFIT PLAN THROUGHOUT THE STATE OF NEW YORK. IN ADDITION COI-MC PROVIDES PAYROLL AND PROGRAM ADMINISTRATION SERVICES TO THESE CONSUMERS WHO EMPLOY PERSONAL ASSISTANTS. AS OF JUNE 30 2021 CONCEPTS PROVIDED WAGE AND BENEFIT PROCESSING TO MORE THAN 8,000 PERSONAL ASSISTANTS. CONCEPTS ACTS AS A FISCAL INTERMEDIARY TO FACILITATE THE PROGRAM ADMINISTRATION PROCESSES SUCH AS COLLECTING PAPERWORK PAYROLL,BENEFITS AND SUPPORTING CONSUMERS TO NAVIGATE DIRECTING THEIR CARE.


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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$182,138,193
Investment income $0
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 $182,138,193

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