ST NICKS ALLIANCE HOME CARE CORP

EIN: 112526241 501(c)(3) Human Services

BROOKLYN, NY

Total Revenue
$29,206,283
Total Expenses
$28,781,860
Total Assets
$11,885,007
Net Assets
$7,098,683
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
NY
Principal Officer
CINDY ROSS
Phone
7183885454
Tax Period
2023-01-01 to 2023-12-31

ST NICKS ALLIANCE HOME CARE CORP, founded in 1979, is a mid-sized nonprofit in the Human Services sector that reported $29.2M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

ORGANIZATION MISSION HOME CARE SERVICES: ST.NICKS ALLIANCE HOME CARE CORPORATION PROVIDES PERSONAL CARE SERVICES TO DISABLED AND ELDERLY MEDICAID RECIPIENTS IN BROOKLYN, QUEENS AND MANHATTAN.

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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 $0
Program Service Revenue $28,222,903
Investment Income $105,837
Other Revenue $877,543
TOTAL REVENUE $29,206,283

Expense Breakdown

Grants Paid $0
Salaries & Benefits $27,450,754
Fundraising Expenses $0
Program Expenses $25,586,488
Other Expenses $1,331,106
TOTAL EXPENSES $28,781,860

Year-over-Year Comparison

2023 2022 Change
Revenue $29,206,283 $26,668,717 +0.1%
Expenses $28,781,860 $27,843,891 +0.0%
Net Income $424,423 $-1,175,174 -1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
18
Independent Members
18
Employees
912
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
2
$318,454
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SIMONE EDWARDS DIRECTOR OF HOME CARE 35
Officer
$188,785 $7,551 $196,336
VESSELIN RADNEV DEPUTY FOR FISCAL ADMINISTRATION 35
Officer
$117,421 $4,697 $122,118
JOSEPH ROBLES CHAIRMAN 1
Director
$0 $0 $0
SAL MEI MEMBER 1
Director
$0 $0 $0
ED BRITTENHAM MEMBER 1
Director
$0 $0 $0
PASTOR PHILIP J WALDVOGEL SECRETARY 1
Director
$0 $0 $0
JOHN D'ARIENZO TREASURER 1
Director
$0 $0 $0
LISA GUTTING MEMBER 1
Director
$0 $0 $0
THERESA WOMBLE MEMBER 1
Director
$0 $0 $0
MICHAEL ANDREWS MEMBER 1
Director
$0 $0 $0
LISA SUMMA MEMBER 1
Director
$0 $0 $0
FELICIA PECORARO MEMBER 1
Director
$0 $0 $0
BERTHA WATSON MEMBER 1
Director
$0 $0 $0
DAVID FAGAN MEMBER 1
Director
$0 $0 $0
DEBRA BENDERS MEMBER 1
Director
$0 $0 $0
KIM GABRIEL MEMBER 1
Director
$0 $0 $0
LAURA JAMES VICE CHAIR 1
Director
$0 $0 $0
RAY KAIRYS MEMBER 1
Director
$0 $0 $0
PHIL CAPONEGRO MEMBER 1
Director
$0 $0 $0
BENJAMIN ROBLES JR MEMBER 1
Director
$0 $0 $0
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 No data No data No data No data
2023 $29,206,283 $28,781,860 $11,885,007 $424,423
2022 $26,668,717 $27,843,891 $10,915,648 $-1,175,174
2021 $27,941,430 $27,309,824 $13,054,062 $631,606
2020 $28,637,320 $28,465,464 $12,242,793 $171,856
2019 $30,016,276 $28,835,918 $10,601,359 $1,180,358
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