ADAPT COMMUNITY NETWORK INC

EIN: 135654532 501(c)(3) Diseases & Disorders

NEW YORK, NY

Total Revenue
$229,779,549
Total Expenses
$234,932,352
Total Assets
$382,850,664
Net Assets
$17,104,491
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Financial Trends

Organization Details

Formation Year
1946
Legal Domicile
NY
Principal Officer
A'Isha Torrence
Phone
2126836700
Tax Period
2023-07-01 to 2024-06-30

ADAPT COMMUNITY NETWORK INC, founded in 1946, is a major nonprofit in the Diseases & Disorders sector that reported $229.8M in total revenue in fiscal year 2023.

Mission

EMPOWERING PEOPLE THROUGH INNOVATIVE SOLUTIONS, ONE PERSON AT A TIME.

Program Service Accomplishments

Program 1
Expenses: $84,972,530 Revenue: $88,369,614

RESIDENTIAL PROGRAMS, INCLUDING INTERMEDIATE CARE FACILITIES, INDIVIDUALIZED RESIDENTIAL ALTERNATIVES AND SUPPORTIVE APARTMENTS ARE PROVIDED TO CHILDREN AND ADULTS. THESE PROGRAMS PROVIDE LEVEL OF...

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RESIDENTIAL PROGRAMS, INCLUDING INTERMEDIATE CARE FACILITIES, INDIVIDUALIZED RESIDENTIAL ALTERNATIVES AND SUPPORTIVE APARTMENTS ARE PROVIDED TO CHILDREN AND ADULTS. THESE PROGRAMS PROVIDE LEVEL OF CARE NEEDS AND FULLY ACCESSIBLE HOUSING FOR DEVELOPMENTALLY DISABLED INDIVIDUALS DESIGNED TO MEET THEIR NEEDS IN THE LEAST RESTRICTIVE ENVIRONMENT. THEY ARE LICENSED AND REGULATED BY THE NYS OFFICE FOR PEOPLE WITH DEVELOPMENTAL DISABILITIES (OPWDD).

Program 2
Expenses: $69,316,914 Revenue: $80,962,910

Education programs include preschools that provide comprehensive early childhood special education for children 2 years 9 months to 5 years of age. This program is regulated by the NYS Education...

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Education programs include preschools that provide comprehensive early childhood special education for children 2 years 9 months to 5 years of age. This program is regulated by the NYS Education Department (SED) under contract with the NYC Department of Education (DOE). The school-age program provides special education services to multiple disabled children ages 5 to 21 years, regulated by SED and under contract with DOE. Within the preschool program, there is an integrated program that combines disabled children with typically developing children. The program is regulated by SED under contract with DOE. The tuition for the disabled children is determined by SED and paid by DOE. The reimbursement for the typically developing children is paid by the Universal Pre-K contract with DOE, which provides funds to nursery schools for eligible 4-year-olds.

Program 3
Expenses: $47,192,572 Revenue: $49,537,635

ADULT DAY PROGRAMS, DAY HABILITATION, SUPPORTED EMPLOYMENT, AND WORK READINESS ARE PROVIDED TO INDIVIDUALS OVER THE AGE OF 21. THESE PROGRAMS ARE LICENSED AND REGULATED BY THE NYS OPWDD. FAMILY...

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ADULT DAY PROGRAMS, DAY HABILITATION, SUPPORTED EMPLOYMENT, AND WORK READINESS ARE PROVIDED TO INDIVIDUALS OVER THE AGE OF 21. THESE PROGRAMS ARE LICENSED AND REGULATED BY THE NYS OPWDD. FAMILY SUPPORT SERVICES, INCLUDING HOUSING ASSISTANCE AND OVERNIGHT RESPITE ARE PROVIDED TO DEVELOPMENTALLY DISABLED INDIVIDUALS AND THEIR FAMILIES. THESE PROGRAMS ARE REGULATED BY NYS OPWDD. CLINICAL SERVICES INCLUDING DENTAL, MEDICAL, PSYCHIATRY, PHYSIATRY, OPTOMETRY, PODIATRY, GYNECOLOGY, NEUROLOGY, SPEECH, OCCUPATIONAL AND PHYSICAL THERAPY, AUGMENTATIVE COMMUNICATION AND EQUIPMENT CLINICS ARE PROVIDED IN 4 FREESTANDING CLINICS AND INCORPORATED IN DAY HABILITATION PROGRAMS. ALL SITES ARE LICENSED UNDER ARTICLE 28 WITH THE NYS DEPARTMENT OF HEALTH (DOH).

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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 $5,982,538
Program Service Revenue $220,687,006
Investment Income $-107,678
Other Revenue $3,217,683
TOTAL REVENUE $229,779,549

Expense Breakdown

Grants Paid $0
Salaries & Benefits $150,019,132
Fundraising Expenses $325,882
Program Expenses $204,134,506
Other Expenses $84,913,220
TOTAL EXPENSES $234,932,352

Year-over-Year Comparison

2023 2022 Change
Revenue $229,779,549 $221,722,312 +0.0%
Expenses $234,932,352 $219,176,845 +0.1%
Net Income $-5,152,803 $2,545,467 -3.0%
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
10
Independent Members
10
Employees
2500
Volunteers
11

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
6
$1,018,795
Total Directors
11
$0
Key Employees
2
$749,427
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EDWARD R MATTHEWS CHIEF EXECUTIVE OFFICER 35.0
Officer
$554,750 $55,700 $610,450
GARY DREYFUSS SENIOR VP, HR (THRU 12/23) 35.0
Highest
$355,416 $55,791 $411,207
RAJESH SHAH CHIEF FINANCIAL OFFICER 35.0
Officer
$329,127 $79,218 $408,345
LINDA B LAUL CHIEF OPERATING OFFICER 35.0
Key Emp
$329,953 $55,699 $385,652
ROBERTA KOENIGSBERG CHIEF ADMINISTRATIVE OFFICER 35.0
Key Emp
$293,669 $70,106 $363,775
DAHLIAN PORTER CHIEF PROGRAM OFFICER 35.0
Highest
$259,126 $57,533 $316,659
MARIETTE MCBRIDE CHIEF QUALITY IMPROVEMENT 35.0
Highest
$239,026 $42,243 $281,269
JAMES E BROWN CHIEF INFORMATION OFFICER 35.0
Highest
$232,232 $43,390 $275,622
Laura Hickman svp, marketing & developoment 35.0
Highest
$214,512 $51,964 $266,476
GARY GERESI PRESIDENT 1.0
Officer Director
$0 $0 $0
JAMES KASE EXECUTIVE VP 0.5
Officer Director
$0 $0 $0
KELLY E KAMINSKI VICE PRESIDENT/SECRETARY 0.5
Officer Director
$0 $0 $0
KENNETH R AUERBACH VICE PRESIDENT/TREASURER 0.5
Officer Director
$0 $0 $0
Gideon Asher BOARD MEMBER 0.5
Director
$0 $0 $0
Jason Carlough BOARD MEMBER 0.5
Director
$0 $0 $0
Dan Duggan BOARD MEMBER 0.5
Director
$0 $0 $0
Houda Foster BOARD MEMBER 0.5
Director
$0 $0 $0
James Hausman BOARD MEMBER 0.5
Director
$0 $0 $0
Richard Levy thru 124 BOARD MEMBER 0.5
Director
$0 $0 $0
Thomas Skrobe Board member 0.5
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
2025 No data No data No data No data
2024 $229,779,549 $234,932,352 $382,850,664 $-5,152,803
2023 $221,722,312 $219,176,845 $396,233,441 $2,545,467
2022 $191,462,060 $202,993,267 $395,935,531 $-11,531,207
2021 $185,925,896 $190,135,349 $408,022,024 $-4,209,453
2020 $216,278,095 $213,426,969 $150,785,465 $2,851,126
2019 $184,392,929 $179,206,405 $144,679,247 $5,186,524
2018 $163,186,587 $169,282,305 $140,189,489 $-6,095,718
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