ADVANCE CARE ALLIANCE OF NY INC

EIN: 465489816 501(c)(3) Human Services

HAUPPAUGE, NY

Total Revenue
$108,824,958
Total Expenses
$100,977,432
Total Assets
$75,211,704
Net Assets
$58,700,178
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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
NY
Principal Officer
NICHOLAS CAPPOLETTI
Phone
8336922269
Tax Period
2023-01-01 to 2023-12-31

ADVANCE CARE ALLIANCE OF NY INC, founded in 2014, is a major nonprofit in the Human Services sector that reported $108.8M in total revenue in fiscal year 2023. Expenses of $101.0M left a modest 7% surplus.

Mission

ADVANCE CARE ALLIANCE OF NEW YORK, INC. (ACANY) IS DEDICATED TO PROVIDING THE SUPPORT AND SERVICES FOR YOU OR YOUR LOVED ONE WITH AN INTELLECTUAL OR DEVELOPMENTAL DISABILITY NEED TO LEAD AN ACTIVE, HEALTHY, AND FULFILLING LIFE. ACANY WAS FORMED BY THREE PROVIDER NETWORKS- ALLIANCE CARE NETWORK, ADVANCE OF GREATER NEW YORK, AND LONG ISLAND ALLIANCE- WHO TOGETHER REPRESENT MORE THAN 100 WELL-ESTABLISHED, NOT-FOR-PROFIT AGENCIES OPERATING IN NEW YORK CITY, LONG ISLAND, AND THE HUDSON VALLEY. ACANY'S AGENCIES PROVIDE HIGH-QUALITY SERVICES TO OVER 25,000 PEOPLE WITH INTELLECTUAL AND/OR DEVELOPMENTAL DISABILITIES AND THEIR FAMILIES, FUNDED AND OVERSEEN BY NEW YORK STATE'S OFFICE FOR PEOPLE WITH DEVELOPMENTAL DISABILITIES (OPWDD).

Program Service Accomplishments

Program 1
Expenses: $92,835,364 Revenue: $105,191,062

ACANY IS A CARE COORDINATION ORGANIZATION/HEALTH HOME, WHICH IS A TYPE OF HEALTHCARE PROVIDER RESPONSIBLE FOR COORDINATING THE SERVICES AND SUPPORTS THAT INDIVIDUALS WITH INTELLECTUAL AND/OR...

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ACANY IS A CARE COORDINATION ORGANIZATION/HEALTH HOME, WHICH IS A TYPE OF HEALTHCARE PROVIDER RESPONSIBLE FOR COORDINATING THE SERVICES AND SUPPORTS THAT INDIVIDUALS WITH INTELLECTUAL AND/OR DEVELOPMENTAL DISABILITIES MIGHT NEED TO LIVE IN THE COMMUNITY. ACANY WORKS WITH INDIVIDUALS AND THEIR FAMILIES TO DEVELOP AN INTEGRATED, COMPREHENSIVE CARE PLAN THAT ENCOMPASSES HEALTHCARE, BEHAVIORAL HEALTH SERVICES, COMMUNITY AND SOCIAL SUPPORTS WHILE ENSURING ALIGNMENT OF OBJECTIVES ACROSS HEALTHCARE AND DEVELOPMENTAL DISABILITIES SERVICE PROVIDERS. ACANY ASSISTS INDIVIDUALS AND FAMILIES WITH ACCESSING THE SUPPORTS AND SERVICES THAT PROMOTE WELL-ROUNDED AND FULFILLING LIVES.

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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 $2,799,707
Program Service Revenue $105,191,062
Investment Income $834,189
Other Revenue $0
TOTAL REVENUE $108,824,958

Expense Breakdown

Grants Paid $0
Salaries & Benefits $90,304,740
Fundraising Expenses $0
Program Expenses $92,835,364
Other Expenses $10,672,692
TOTAL EXPENSES $100,977,432

Year-over-Year Comparison

2023 2022 Change
Revenue $108,824,958 $109,924,066 0.0%
Expenses $100,977,432 $88,804,605 +0.1%
Net Income $7,847,526 $21,119,461 -0.6%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
1215
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
$749,851
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVEN VERNIKOFF CHAIR 5.00
Officer Director
$0 $0 $0
JILL GENTILE SECRETARY 5.00
Officer Director
$0 $0 $0
WALTER W STOCKTON TREASURER 5.00
Officer Director
$0 $0 $0
SCOTT L BARKIN PHD DIRECTOR 1.00
Director
$0 $0 $0
JANICE ARIS DIRECTOR (AS OF 8/15/2023) 1.00
Director
$0 $0 $0
DAVID MANDEL DIRECTOR 1.00
Director
$0 $0 $0
ELLIOT BROWNSTEIN DIRECTOR 1.00
Director
$0 $0 $0
KIM KUBASEK DIRECTOR 1.00
Director
$0 $0 $0
ROBERT BUDD DIRECTOR 1.00
Director
$0 $0 $0
ARTHUR PALEVSKY DIRECTOR (TO 8/15/2023) 1.00
Director
$0 $0 $0
GERARD JOSEPH CHIEF FINANCIAL OFFICER 37.50
Officer
$320,366 $52 $320,418
JAIME S MADDEN CHIEF OPERATING OFFICER 37.50
Officer
$236,923 $10 $236,933
NICHOLAS CAPPOLETTI CEO 17.00
Officer
$192,500 $0 $192,500
MARK STEVEN KANTER VP OF HUMAN RESOURCES 37.50
Highest
$160,624 $26,656 $187,280
JO ANNE BROWN VP OF REVENUE CYCLE AND BILLING 37.50
Highest
$132,630 $16,463 $149,093
ELIZABETH PETERSON SVP OF POLICY AND PLANNING 37.50
Highest
$130,617 $18,193 $148,810
NADEERA KUMANDAN REGIONAL DIRECTOR OF CARE MANAGEMENT 37.50
Highest
$125,579 $26,656 $152,235
DOROTHY M WOHL REGIONAL DIRECTOR OF CARE MANAGEMENT 37.50
Highest
$125,174 $10,984 $136,158
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 $108,824,958 $100,977,432 $75,211,704 $7,847,526
2022 $109,924,066 $88,804,605 $61,322,022 $21,119,461
2021 $95,257,742 $83,975,564 $47,978,523 $11,282,178
2020 $111,285,420 $103,508,569 $52,276,368 $7,776,851
2019 $103,705,336 $100,374,299 $17,964,522 $3,331,037
2018 $52,769,196 $44,161,906 $17,814,991 $8,607,290
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