St Vincent's Special Needs Center Inc

EIN: 060702617 501(c)(3)

Trumbull, CT

Total Revenue
$25,818,971
Total Expenses
$25,124,518
Total Assets
$21,328,302
Net Assets
$16,176,928
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Financial Trends

Organization Details

Formation Year
1956
Legal Domicile
CT
Principal Officer
Chibueze Agba
Phone
8606963563
Tax Period
2023-10-01 to 2024-09-30

St Vincent's Special Needs Center Inc, founded in 1956, is a mid-sized nonprofit that reported $25.8M in total revenue in fiscal year 2023.

Mission

None

Program Service Accomplishments

Program 1
Expenses: $11,564,051 Revenue: $11,341,818

St. Vincent's Special Needs Center operates residential programs to provide living facilities for multi handicapped adults. There were approximately 46 adults in this program at the end of the fiscal...

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St. Vincent's Special Needs Center operates residential programs to provide living facilities for multi handicapped adults. There were approximately 46 adults in this program at the end of the fiscal year. St. Vincent's Special Needs Center also operates residential services for children who require 24 hour nursing care. Approximately 6 children were in this program at the end of the fiscal year. The State of Connecticut provided substantially all of the funding for these programs. The adult program began in 1985 and the program for children began in 2001. These programs allow individuals with disabilities "to live in the community" with the assistance of a dedicated residential services staff and support services. Children in residential services receive education and therapeutic services five days a week.

Program 2
Expenses: $9,152,832 Revenue: $10,445,963

The Feroleto Children's Development Center provides a special education school for children with multiple developmental and medical conditions. The school has been certified by the State of...

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The Feroleto Children's Development Center provides a special education school for children with multiple developmental and medical conditions. The school has been certified by the State of Connecticut as an approved private special education program since 1960. It is offered as an alternative placement to school systems for children ages three to twenty-one with multiple developmental and/or medical needs such as cerebral palsy, acquired brain injury, seizure disorders, neuro motor diseases and medical conditions requiring nursing support services. The school provided services to approximately 78 students during the fiscal year ended September 30, 2024.

Program 3
Expenses: $3,557,817 Revenue: $3,586,605

Changing Images Work Services addresses the goal of working in the community. St. Vincent's Special Needs Services provides the support, training, job development, and on-site assistance which enable...

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Changing Images Work Services addresses the goal of working in the community. St. Vincent's Special Needs Services provides the support, training, job development, and on-site assistance which enable men and women challenged by developmental disabilities to break free of the old stereotypes of "handicapped" workers. For our program participants, it means new opportunities for doing productive, meaningful work, and being paid for it in the business community. Approximately 97 adults were in this program at the end of the fiscal year. The State of Connecticut provided substantially all of the funding for this program.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $443,794
Program Service Revenue $25,374,386
Investment Income $0
Other Revenue $791
TOTAL REVENUE $25,818,971

Expense Breakdown

Grants Paid $0
Salaries & Benefits $18,101,908
Fundraising Expenses $0
Program Expenses $24,274,700
Other Expenses $7,022,610
TOTAL EXPENSES $25,124,518

Year-over-Year Comparison

2023 2022 Change
Revenue $25,818,971 $24,646,584 +0.0%
Expenses $25,124,518 $24,580,758 +0.0%
Net Income $694,453 $65,826 +9.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
N/A
Employees
327
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$5,809,978
Total Directors
5
$6,082,261
Key Employees
2
$774,536
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Chibueze Agba Director, President 2.00
Officer Director
$0 $235,578 $1,934,908
Tracy Church Director, Chair (Thru 04/2024) 2.00
Officer Director
$0 $70,458 $1,459,767
Rocco Orlando MD Director, Secretary 2.00
Officer Director
$0 $85,981 $1,123,373
MaryEllen Kosturko Director & Chair (eff 04/10/24) 2.00
Officer Director
$0 $112,406 $836,537
Eric Smullen Director 1.00
Director
$0 $72,288 $727,676
David Baranik VP, Finance 7.00
Officer
$0 $28,244 $455,393
Laurie St John Former Key Empl (VP, Clinical Svcs) 0.00
$0 $23,010 $432,538
Lisa Connolly VP, Community Network Services 10.00
Key Emp
$0 $57,910 $421,786
Heather DePaolo VP, Human Resources 10.00
Key Emp
$0 $38,818 $352,750
Karen King Dir Education 60.00
Highest
$130,402 $33,721 $164,123
Carla Beattie Dir Adult Services 60.00
Highest
$121,138 $42,653 $163,791
Antonio Reyes Registered Nurse 60.00
Highest
$111,334 $31,423 $142,757
Patricia Hornak Area Mgr Rehab Svcs 60.00
Highest
$105,253 $37,255 $142,508
Robin Smelter Supv Rehab Svcs 60.00
Highest
$107,681 $21,361 $129,042
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $25,818,971 $25,124,518 $21,328,302 $694,453
2023 $24,646,584 $24,580,758 $19,001,385 $65,826
2022 $23,349,752 $23,745,195 $18,637,681 $-395,443
2021 $22,497,077 $22,141,994 $18,027,296 $355,083
2019 $22,969,201 $22,228,405 $40,331,620 $740,796
2018 $22,972,982 $22,643,348 $39,341,148 $329,634
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