Overview
What is Center For Disability Services Holding Corporation?
The Center For Disability Services Holding Corporation is a New York-based organization that manages and controls various corporations related to the Center for Disability Services. Their primary mission is to provide long-term, specialized healthcare for children and young adults, starting from birth. The majority of their residents are medically fragile and have multiple disabilities and cognitive impairments. They offer long-term care services and have a total of 92 beds, including 72 pediatric, 20 young adult, and 2 short-term respite beds. The organization primarily relies on funding from New York State Medicaid.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91% (Four-Star out of Four Stars)
The Center For Disability Services Holding Corporation has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. The organization’s score is driven entirely by its accountability and finance metrics, which indicates a solid foundation in managing its resources responsibly.
One of the organization's notable strengths is its fully independent board, which comprises 23 members, ensuring that governance is free from conflicts of interest. It also has robust financial practices, including an effective audit and oversight committee, and it maintains comprehensive policies for conflict of interest, whistleblowing, and document retention.
While the organization has a high program expense ratio of 67.70%, which indicates a substantial portion of its budget is directed towards its programs, there's always room for improvement in maximizing program expenditures. Overall, the Center for Disability Services demonstrates a well-structured approach to governance and financial integrity, positively impacting its services and mission.
This AI summary has been generated from information found on Charity Navigator.
Is Center For Disability Services Holding Corporation legitimate?
Center For Disability Services Holding Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Center For Disability Services Holding Corporation 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: $125,633
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Center For Disability Services Holding Corporation?
The Center For Disability Services Holding Corporation acts as the central hub overseeing all corporations affiliated with the Center for Disability Services. Its primary role is to provide long-term healthcare for children and young adults who require specialized medical, nursing, ventilator, and therapy services. The corporation caters to individuals with disabilities and cognitive impairments, offering care that begins from birth. St. Margaret's Center, one of its facilities, offers 72 pediatric, 20 young adult, and 2 short-term respite beds. While primarily funded by New York State Medicaid, the corporation aims to support the highest quality of life for its residents.
Who is the CEO of Center For Disability Services Holding Corporation?
Gregory J Sorrentino is the President An of Center For Disability Services Holding Corporation.
What is the revenue of Center For Disability Services Holding Corporation?
Center For Disability Services Holding Corporation's revenue in 2022 was $36,157,951.
Who are the executives of Center For Disability Services Holding Corporation and what are their salaries?
Here are 26 key members and their salaries:
- Compensation: $57,664
- Related: $311,679
- Other: $30,826
- Compensation: $29,880
- Related: $157,296
- Other: $20,888
- Compensation: $38,090
- Related: $209,952
- Other: $11,824
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Where can I find the form 990 for Center For Disability Services Holding Corporation?
Center For Disability Services Holding Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Center For Disability Services Holding Corporation
The Center for Disability Services Holding Corporation is a holding company that manages and controls all corporations related to the Center for Disability Services. In this role, it provides long-term healthcare for children and young adults with complex medical needs and disabilities. St. Margaret's Center, one of the facilities under its care, is a skilled nursing facility that offers specialized long-term care services for pediatric and young adult residents.
The care provided at St. Margaret's Center goes beyond medical needs, focusing on enhancing the residents' quality of life. The majority of the residents are medically fragile and have multiple disabilities and cognitive impairments. St. Margaret's Center offers 72 pediatric, 20 young adult, and 2 short-term respite beds. These facilities cater to the unique healthcare requirements of children and young adults who often face challenges not typically seen in adult healthcare.
The Center for Disability Services Holding Corporation is primarily funded by New York State Medicaid, ensuring that vital services are accessible to those who need them most. Through its long-term healthcare facilities, the corporation is making a significant difference in the lives of children and young adults with disabilities, providing the care and support they need to thrive.
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Impact
October, 2024
Center For Disability Services Holding Corporation plays a crucial role in providing comprehensive long-term healthcare for children and young adults, particularly those who are medically fragile and face multiple disabilities and cognitive impairments. Through its management of St. Margaret's Center, a skilled nursing facility, it ensures that residents receive 24-hour medical care, nursing support, ventilator services, and various therapies tailored to enhance quality of life.
St. Margaret's Center is equipped to accommodate 72 pediatric beds, 20 dedicated to young adults, and 2 short-term respite beds, directly catering to the unique needs of its residents. The facility's focus on specialized care helps bridge gaps in health services that are often unmet for this vulnerable population. Funding primarily from NYS Medicaid allows for the delivery of these essential services, ensuring that individuals have access to integral healthcare resources.
By centralizing the management and control of related corporations, the Center enhances operational efficiency and effectiveness in delivering human services. This coordinated approach not only improves patient care but also contributes to a supportive community framework, thereby making a significant positive impact on the lives of individuals with disabilities and their families in Albany, NY, and beyond.
This information is meant to be a general summary of Center For Disability Services Holding Corporation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $222,955
- Program Service Revenue: $22,145,725
- Gross Receipts: $36,157,951
Assets and Liabilities:
- Total Assets: $18,092,615
- Total Liabilities: $3,939,990
- Net Assets: $14,152,625
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICAID/MEDICARE
Revenue
$20,760,679
INSURANCE
Revenue
$1,291,004
CLIENT RENT
Revenue
$51,664
OTHER REV/CONTRACTS / PRIVATE
Revenue
$42,378
Organization Details
Founding Year
1992
Phone
(518) 944-2109Principal Officer
Gregory J Sorrentino
Main Address
314 SOUTH MANNING BLVD, ALBANY, NY, 12208
NTEE Category
Code: P82Z - Human services
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