Overview
What is Cfs Self-Directed Supports Inc?
Cfs Self-Directed Supports Inc is a nonprofit organization located in New York City, specifically at 333 Seventh Avenue, FL 9, New York, NY 10001. Their mission revolves around providing administrative and billing support to individuals in New York who opt for self-direction in managing their services related to intellectual and developmental disabilities. As a fiscal intermediary, they assume responsibilities such as conducting background checks for self-hired staff, billing Medicaid and New York State for services, paying staff, tracking expenditures, and issuing monthly statements to the individuals receiving services. The organization's primary focus is on enabling self-direction and ensuring the smooth financial management of support services for those with intellectual and developmental disabilities. They employ a team of 407 individuals in pursuit of their mission.
Official website here: www.cfsny.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Cfs Self-Directed Supports Inc has received a Three-Star rating from Charity Navigator, reflecting a solid score of 81%. This rating is primarily based on the organization's accountability and finance practices, which are assessed comprehensively. The charity has demonstrated strong financial integrity, with features such as an independent board and rigorous financial oversight, contributing to its favorable score in this domain.
The organization excels in maintaining a majority independent board, achieving full points in this area, alongside strong policies related to conflict of interest and whistleblower protections. Additionally, the organization effectively allocates a significant portion of its expenses towards programs, boasting a program expense ratio of over 89%. This indicates a commitment to utilizing funds for direct support rather than administrative costs.
However, while the financial health and governance practices appear robust, the high salaries of key personnel may raise questions for some stakeholders regarding compensation relative to the organization's overall mission and services provided. Nevertheless, the organization's transparency and structured governance demonstrate a commitment to accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Cfs Self-Directed Supports Inc legitimate?
Cfs Self-Directed Supports Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cfs Self-Directed Supports 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,064,997
For more financial information, click here
Official website here: www.cfsny.org
What is the mission statement of Cfs Self-Directed Supports Inc?
Cfs Self-Directed Supports Inc is dedicated to assisting individuals with intellectual and developmental disabilities in gaining self-direction and financial management over their care services. By acting as a fiscal intermediary, the organization assumes administrative and billing responsibilities, enabling these individuals to hire and manage their own support staff. Specifically, their services include conducting background checks for self-hired staff, billing Medicaid and New York State for approved services, paying staff, tracking expenditures, and providing monthly statements. In essence, Cfs Self-Directed Supports Inc empowers individuals to take control of their care and live more independently.
Official website here: www.cfsny.org
Who is the CEO of Cfs Self-Directed Supports Inc?
Alicia Mcgrath is the CEO of Cfs Self-Directed Supports Inc The CEO's salary of Cfs Self-Directed Supports Inc is $0 and their total compensation is $29,141.
Official website here: www.cfsny.org
What is the revenue of Cfs Self-Directed Supports Inc?
Cfs Self-Directed Supports Inc's revenue in 2024 was $27,263,157.
Official website here: www.cfsny.org
Who are the executives of Cfs Self-Directed Supports Inc and what are their salaries?
The average compensation at Cfs Self-Directed Supports Inc during 2024 was $18,427. There are 709 employees and 5 volunteers at Cfs Self-Directed Supports Inc.
Here are 11 key members and their salaries (Cfs Self-Directed Supports Inc's CEO's salary is $0 and their total compensation is $29,141):
- Compensation: $0
- Related: $342,901
- Other: $41,094
- Compensation: $0
- Related: $254,509
- Other: $30,841
- Compensation: $0
- Related: $208,314
- Other: $49,593
- Compensation: $0
- Related: $161,720
- Other: $30,721
- Compensation: $0
- Related: $19,038
- Other: $10,103
- Compensation: $0
- Related: $0
- Other: $3,552
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.cfsny.org
Where can I find the form 990 for Cfs Self-Directed Supports Inc?
Cfs Self-Directed Supports Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.cfsny.org
Learn more at the official website: www.cfsny.org
Mission Statement of Cfs Self-Directed Supports Inc
Cfs Self-Directed Supports Inc is a mission-driven organization dedicated to empowering individuals with intellectual and developmental disabilities through self-direction and fiscal intermediary services. In simpler terms, this nonprofit provides the necessary administrative and financial support for individuals who wish to manage their own care and hire their own staff.
The organization prides itself on enabling people with intellectual and developmental disabilities to exercise control over their daily lives. This includes managing their budgets, interviewing and hiring their support staff, and overseeing the delivery of services in their homes or communities. By providing self-direction, Cfs Self-Directed Supports Inc not only supports the autonomy of the individuals it serves but also fosters their independence and personal growth.
As the fiscal intermediary, Cfs Self-Directed Supports Inc assumes various responsibilities such as conducting background checks for self-hired staff members, processing Medicaid and New York State claims for the services within a person's budget, making payroll, monitoring expenses, and generating monthly statements. This crucial role enables individuals to focus on their personal goals and well-being, knowing that the necessary administrative functions are being handled efficiently and effectively.
In essence, Cfs Self-Directed Supports Inc bridges the gap between individuals with intellectual and developmental disabilities and the support systems they require. By offering self-direction and fiscal intermediary services, this nonprofit organization fosters the independence and personal growth of the individuals it serves, allowing them to live their lives with greater control and dignity.
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Impact
October, 2024
Cfs Self-Directed Supports Inc plays a vital role in enhancing the quality of life for individuals with intellectual and developmental disabilities. By facilitating self-direction, the organization empowers individuals to take control of their own services and supports, fostering greater independence and personal choice.
Through its fiscal intermediary services, Cfs ensures that individuals can efficiently manage their budgets and hiring processes. This includes critical tasks such as conducting background checks for self-hired staff, processing Medicaid and New York State billing, and tracking expenditures. By providing administrative and billing support, the organization alleviates the burdens associated with managing these responsibilities, enabling individuals to focus on their personal development and well-being.
Cfs Self-Directed Supports Inc not only supports practical aspects of self-direction but also promotes dignity and autonomy for its clients, contributing to a more inclusive society where individuals with disabilities can thrive.
This information is meant to be a general summary of Cfs Self-Directed Supports 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Program Service Revenue: $26,673,643
- Gross Receipts: $27,263,157
Assets and Liabilities:
- Total Assets: $2,767,329
- Total Liabilities: $2,767,329
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GOVERNMENT FEES
Revenue
$26,673,643
Organization Details
Founding Year
2018
Principal Officer
Alicia Mcgrath
Website
www.cfsny.orgNTEE Category
Code: P20 - Human services
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