CONCEPTS OF INDEPENDENCE INC

EIN: 510239824 501(c)(3)

NEW YORK, NY

Total Revenue
$166,416,792
Total Expenses
$161,363,896
Total Assets
$122,994,474
Net Assets
$96,442,586
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
NY
Principal Officer
ANTHONY CAPUTO
Phone
2122939999
Tax Period
2023-07-01 to 2024-06-30

CONCEPTS OF INDEPENDENCE INC, founded in 1977, is a major nonprofit that reported $166.4M in total revenue in fiscal year 2023. Expenses of $161.4M left a modest 3% surplus.

Mission

CONCEPTS OF INDEPENDENCE IS A NOT-FOR-PROFIT ORGANIZATION THAT SERVES SEVERELY DISABLED INDIVIDUALS IN NEW YORK THAT ARE RECIPIENTS OF PERSONAL CARE ASSISTANCE SERVICES THAT ARE FUNDED THOUGH NYS MEDICAID. CONCEPTS' ROLE IS TO PROVIDE PAYROLL PROCESSING MONITORING FISCAL INTERMEDIARY.AND OTHER VENDOR RESPONSIBILITIES. CONCEPTS' SERVICES ARE AVAILABLE THROUGHOUT NEW YORK CITY'S FIVE BOROUGHS AND SEVERAL NYS COUNTIES.

Program Service Accomplishments

Program 1
Expenses: $151,620,323 Revenue: $162,554,912

CONCEPTS OF INDEPENDENCE - MANAGED CARE ("COI-MC")COI-MC PROVIDES CONSUMER DIRECTED PERSONAL ASSISTANCE SERVICES TO APPROXIMATELY 2,700 CONSUMERS UNDER THE MEDICAID MANAGED CARE HEALTH BENEFIT PLAN...

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CONCEPTS OF INDEPENDENCE - MANAGED CARE ("COI-MC")COI-MC PROVIDES CONSUMER DIRECTED PERSONAL ASSISTANCE SERVICES TO APPROXIMATELY 2,700 CONSUMERS UNDER THE MEDICAID MANAGED CARE HEALTH BENEFIT PLAN THROUGHOUT THE STATE OF NEW YORK. IN ADDITION COI-MC PROVIDES PAYROLL AND PROGRAM ADMINISTRATION SERVICES TO THESE CONSUMERS WHO EMPLOY PERSONAL ASSISTANTS. AS OF JUNE 30, 2024 CONCEPTS PROVIDED WAGE AND BENEFIT PROCESSING TO MORE THAN 4,500 PERSONAL ASSISTANTS. CONCEPTS ACTS AS A FISCAL INTERMEDIARY TO FACILITATE THE PROGRAM ADMINISTRATION PROCESSES, SUCH AS COLLECTING PAPERWORK, PAYROLL, BENEFITS AND SUPPORTING CONSUMERS TO NAVIGATE DIRECTING THEIR CARE.

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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 $162,554,912
Investment Income $3,861,880
Other Revenue $0
TOTAL REVENUE $166,416,792

Expense Breakdown

Grants Paid $0
Salaries & Benefits $156,619,637
Fundraising Expenses $0
Program Expenses $151,620,323
Other Expenses $4,744,259
TOTAL EXPENSES $161,363,896

Year-over-Year Comparison

2023 2022 Change
Revenue $166,416,792 $165,768,571 +0.0%
Expenses $161,363,896 $164,024,320 0.0%
Net Income $5,052,896 $1,744,251 +1.9%
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
7
Independent Members
6
Employees
5845
Volunteers
6

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
$300,954
Total Directors
7
$300,954
Key Employees
1
$277,457
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANTHONY CAPUTO CEO 30.00
Officer Director
$268,712 $32,242 $300,954
NANCY BROWN CHAIRPERSON 0.50
Officer Director
$0 $0 $0
JOAN VITIELLO VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
LOUISE WEATHERS TREASURER 0.50
Officer Director
$0 $0 $0
JUDITH TSHIBANGU SECRETARY 0.50
Officer Director
$0 $0 $0
ZOE AGIOS DIRECTOR 0.50
Director
$0 $0 $0
JOHN LEWIS BROWN DIRECTOR 0.50
Director
$0 $0 $0
MARIA MISCHKE DEPUTY DIRECTOR 30.00
Key Emp
$232,128 $45,329 $277,457
ZBIGNIEW MEJRAN DIRECTOR OF IT 30.00
Highest
$167,008 $23,779 $190,787
JOSE RODRIGUEZ DIRECTOR OF BILLING 30.00
Highest
$135,002 $24,201 $159,203
DONETTE TURNAGE DIRECTOR OF INTAKE 30.00
Highest
$133,859 $8,017 $141,876
JOSEPH LAWLISS DIRECTOR OF OUTREACH 30.00
Highest
$129,887 $53,918 $183,805
QI YI KUANG COMPTROLLER 30.00
Highest
$124,410 $8,889 $133,299
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 $166,416,792 $161,363,896 $122,994,474 $5,052,896
2023 $165,768,571 $164,024,320 $124,674,029 $1,744,251
2022 $182,901,777 $162,515,617 $128,168,608 $20,386,160
2021 $182,138,193 $176,456,646 $106,794,018 $5,681,547
2020 $201,752,319 $194,845,727 $98,169,572 $6,906,592
2018 $189,930,295 $187,776,394 $66,486,468 $2,153,901
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