NYSARC INC MADISON CORTLAND CHAPTER

EIN: 160958020 501(c)(3)

ONEIDA, NY

Total Revenue
$24,354,572
Total Expenses
$24,351,321
Total Assets
$13,622,224
Net Assets
$10,171,907
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1954
Legal Domicile
NY
Principal Officer
PERRY COURTO
Phone
3153633389
Tax Period
2023-01-01 to 2023-12-31

NYSARC INC MADISON CORTLAND CHAPTER, founded in 1954, is a mid-sized nonprofit that reported $24.4M in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year.

Mission

TO PROVIDE LEADERSHIP IN THE FIELD OF DISABILITIES, SUPPORT PEOPLE IN EVERY MANNER POSSIBLE, AND DEVELOP THE NECESSARY HUMAN AND FINANCIAL RESOURCES TO ALLOW ALL MEMBERS OF OUR COMMUNITY TO ACHIEVE THEIR POTENTIAL.

Program Service Accomplishments

Program 1
Expenses: $10,229,917 Revenue: $12,095,895

RESIDENTIAL - PROVIDES COMMUNITY-LIKE SETTING FOR DEVELOPMENTALLY DISABLED PERSONS THROUGH A SMALL GROUP SETTING WITH A MINIMUM OF SUPERVISION. 91 CLIENTS SERVED.

Program 2
Expenses: $3,193,084 Revenue: $1,757,347

CLINIC - PROVIDED CLINICAL SUPPORT SERVICES FOR INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES OF ALL AGES WHO ATTEND A CERTIFIED DAY PROGRAM, LIVE IN A CERTIFIED RESIDENCE, LIVE AT HOME, OR ARE...

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CLINIC - PROVIDED CLINICAL SUPPORT SERVICES FOR INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES OF ALL AGES WHO ATTEND A CERTIFIED DAY PROGRAM, LIVE IN A CERTIFIED RESIDENCE, LIVE AT HOME, OR ARE INDEPENDENT IN THE COMMUNITY. 1,100 CLIENTS SERVED.

Program 3
Expenses: $3,059,953 Revenue: $4,227,521

WAIVER SERVICES - MEDICAID FUNDED PROGRAMS WHICH SERVE THE DEVELOPMENTALLY DISABLED. 403 CLIENTS SERVED.

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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 $252,298
Program Service Revenue $23,877,647
Investment Income $223,754
Other Revenue $873
TOTAL REVENUE $24,354,572

Expense Breakdown

Grants Paid $0
Salaries & Benefits $18,512,337
Fundraising Expenses $16,692
Program Expenses $21,597,091
Other Expenses $5,838,984
TOTAL EXPENSES $24,351,321

Year-over-Year Comparison

2023 2022 Change
Revenue $24,354,572 $26,440,187 -0.1%
Expenses $24,351,321 $26,390,393 -0.1%
Net Income $3,251 $49,794 -0.9%
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
8
Independent Members
8
Employees
512
Volunteers
8

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
7
$501,424
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH ZIFCHOCK PRESIDENT 1.00
Officer Director
$0 $0 $0
MAUREEN LOUIS VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
RANDY SCHAAL TREASURER 1.00
Officer Director
$0 $0 $0
SAMUEL GETMAN SECRETARY 1.00
Officer Director
$0 $0 $0
ALAN COHEN DIRECTOR 1.00
Director
$0 $0 $0
BRIAN HURLEY DIRECTOR 1.00
Director
$0 $0 $0
KATHY NICHOLS DIRECTOR 1.00
Director
$0 $0 $0
TARA DELLECESE DIRECTOR 1.00
Director
$0 $0 $0
PERRY COURTO CHIEF EXECUTIVE OFFICER 37.50
Officer
$201,444 $36,896 $238,340
CHRISTINE EVANS CHIEF OPERATING OFFICER 37.50
Officer
$116,137 $16,138 $132,275
KAREN MANSER CHIEF FINANCIAL OFFICER 37.50
Officer
$114,806 $16,003 $130,809
WENDY BARNES NURSE PRACTITIONER 37.50
Highest
$174,526 $17,690 $192,216
COLLEEN CLARK NURSE PRACTITIONER 40.00
Highest
$162,283 $8,844 $171,127
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 $24,354,572 $24,351,321 $13,622,224 $3,251
2022 $26,440,187 $26,390,393 $12,687,252 $49,794
2021 $22,086,473 $22,006,929 $13,106,381 $79,544
2020 $22,804,302 $21,020,127 $13,158,222 $1,784,175
2019 $23,711,056 $23,482,062 $11,138,110 $228,994
2018 $23,483,606 $22,835,801 $11,020,779 $647,805
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