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Young Adult Institute Inc

Yai

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 112030172 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Young Adult Institute Inc?

Young Adult Institute Inc, also known as YAI, is a prominent nonprofit organization based in New York City. With a significant workforce of 4553 employees, their mission is to empower people with intellectual and developmental disabilities (I/DD) to live the lives they truly desire. YAI offers various person-centered and person-directed supports and services, enabling individuals with I/DD to live, work, and learn in their communities. Their extensive range of offerings includes residential opportunities, day services, employment services, community habilitation, family support programs, therapies, respite, and recreation. YAI strives to provide the least restrictive settings possible for its clients, operating both group homes and apartments depending on their needs and desires. In summary, Young Adult Institute Inc is dedicated to empowering individuals with I/DD to live fulfilling lives by providing a comprehensive suite of personalized services, advocating for their rights, and promoting social inclusion.


Official website here: www.yai.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Young Adult Institute Inc has received an 81% score from Charity Navigator, indicating a solid commitment to accountability and finance practices. This score is derived solely from their accountability and finance beacon, reflecting their dedication to transparency and responsible management of funds. The high percentage shows that the organization is well-structured and operates with a focus on ethical governance.

The organization excels in several key areas, including having a majority of independent board members, as evidenced by 90% of its board being independent. Additionally, it has strong policies in place for financial oversight, conflict of interest, and whistleblower protections, which are critical for maintaining integrity. The program expense ratio of 87.78% suggests that a significant portion of their spending directly supports their mission-related activities.

While the rating highlights many strengths, there are no notable limitations mentioned in the feedback data. Overall, the Young Adult Institute Inc demonstrates a strong framework for accountability, making it a trustworthy choice for potential donors and supporters.


This AI summary has been generated from information found on Charity Navigator.

Is Young Adult Institute Inc legitimate?

Young Adult Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Young Adult Institute Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $1,286,975
Professional Fundraising Fees: $0
Other Salaries and Wages: $132,185,205

For more financial information, click here


Official website here: www.yai.org

What is the mission statement of Young Adult Institute Inc?

The Young Adult Institute Inc is dedicated to empowering individuals with intellectual and developmental disabilities (I/DD) to live fulfilling lives according to their desires. They offer a variety of person-centered and person-directed supports and services that enable people with I/DD to participate in their communities, work, learn, and love. By focusing on abilities rather than disabilities, YAI promotes opportunities for people with I/DD to reach their full potential. Their offerings span the lifespan and include residential opportunities, day services, employment services, community habilitation, family support programs, therapies, respite, and recreation.


Official website here: www.yai.org

Who is the CEO of Young Adult Institute Inc?

Kevin Carey is the Trustee of Young Adult Institute Inc. The CEO's salary of Young Adult Institute Inc is $380,097 and their total compensation is $503,728.


Official website here: www.yai.org

What is the revenue of Young Adult Institute Inc?

Young Adult Institute Inc's revenue in 2022 was $220,429,424.


Official website here: www.yai.org

Who are the executives of Young Adult Institute Inc and what are their salaries?

The average compensation at Young Adult Institute Inc during 2022 was $29,315. There are 4553 employees and 7 volunteers at Young Adult Institute Inc.


Here are 16 key members and their salaries (Young Adult Institute Inc's CEO's salary is $380,097 and their total compensation is $503,728):


Alina Ramos (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David B Stafford (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eliot P Green Esq (Trustee (Outgoing))
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly Macdonald (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffery A Mordos (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Lieberman Esq (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Hogan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lewis Lindenberg Esq (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Paul Rosenbaum (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Contos Esq (Ceo)
  • Compensation: $822,107
  • Related: $0
  • Other: $101,439
Kevin Carey (Interim Ceo)
  • Compensation: $380,097
  • Related: $0
  • Other: $123,631
Anthony Ottrando (Chief Hr Officer)
  • Compensation: $305,284
  • Related: $0
  • Other: $71,900
Marie Cavallo (Chief Quality, Compliance (Outgoing))
  • Compensation: $475,223
  • Related: $0
  • Other: $28,494
Peter Taback (Chief Engagement & Externa)
  • Compensation: $250,948
  • Related: $0
  • Other: $48,702
Ravi Dahiya (Chief Program Officer)
  • Compensation: $294,217
  • Related: $0
  • Other: $76,941
Russell S Miness (Corporate Counsel)
  • Compensation: $222,680
  • Related: $0
  • Other: $22,275


Official website here: www.yai.org

Where can I find the form 990 for Young Adult Institute Inc?

Young Adult Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.yai.org

Learn more at the official website: www.yai.org

Mission Statement of Young Adult Institute Inc

Young Adult Institute Inc, a nonprofit organization, is dedicated to empowering individuals with intellectual and developmental disabilities (I/DD) to live the lives they truly desire. By going beyond disabilities, YAI promotes opportunities for people with I/DD to live, love, work, and learn in their communities. The organization offers a comprehensive range of supports and services that are person-centered and person-directed.

YAI's mission encompasses the entire lifespan of the individuals they serve. Their offerings include residential opportunities, day services, employment services, community habilitation, family support programs, therapies, respite, and recreation. These services are designed to help people with I/DD reach their full potential and live as independently as possible.

The residential opportunities at YAI cater to the unique needs of each individual, providing them with a safe and supportive living environment. Day services and employment services offer opportunities for socialization, skill development, and employment training. Community habilitation focuses on helping individuals build relationships and engage in community activities. Family support programs offer assistance to families, ensuring they have the resources they need to support their loved ones. Therapies, respite, and recreation further enhance the overall wellbeing of the individuals served by YAI.

In essence, Young Adult Institute Inc is a beacon of hope for individuals with intellectual and developmental disabilities, dedicated to empowering them to live fulfilling lives in their communities. Through its wide range of person-centered and person-directed supports and services, the organization is breaking down barriers and paving the way for a more inclusive society.

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Impact




October, 2024

Young Adult Institute Inc (YAI) profoundly impacts the lives of individuals with intellectual and developmental disabilities (I/DD) by empowering them to lead fulfilling and independent lives. Through a comprehensive array of person-centered and person-directed supports and services, YAI addresses the diverse needs of those it serves, promoting opportunities for people with I/DD to live, love, work, and learn within their communities.

The organization provides residential services tailored to individual preferences, whether through supportive group homes or more independent living options. YAI prioritizes the least restrictive settings, ensuring that individuals can thrive in environments that reflect their desires and needs while receiving the appropriate level of support.

Additionally, YAI offers vital employment services, community habilitation, and family support programs, encompassing the full lifespan of its clients. Through therapies, recreation, and respite services, YAI enriches the lives of individuals and their families, fostering a sense of belonging and community engagement. The overall mission is not just to support but to empower, enabling people with I/DD to pursue their goals and aspirations effectively, creating a more inclusive society.




This information is meant to be a general summary of Young Adult Institute Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$220,429,424 (2022)
Expenses
$229,851,380 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $496,408
  • Program Service Revenue: $207,190,561
  • Gross Receipts: $235,326,290

Assets and Liabilities:

  • Total Assets: $231,169,399
  • Total Liabilities: $214,189,711
  • Net Assets: $16,979,688

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RESIDENTIAL SERVICES

Revenue

$140,140,605

DAY AND COMMUNITY SERVICES

Revenue

$56,446,144

CLINICAL SERVICES

Revenue

$7,810,636

EMPLOYMENT SERVICES

Revenue

$2,793,176

Organization Details

Founding Year

1957

Principal Officer

Kevin Carey

Main Address

220 EAST 42ND STREET, NEW YORK, NY, 10017

NTEE Category

Code: P82 - Human services

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