Nysarc Inc Herkimer County Chapter D/b/a Arc Herkimer
Nonprofit profile at a glance
- EIN
- 160973231
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Herkimer, NY, USA
- Phone
- 3155747000
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Standard
Reported finances
- Revenue
- $31,312,038
- Expenses
- $29,403,391
- Assets
- $23,035,823
- Liabilities
- $7,289,417
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
27 people listed
Executive titles in this filing
- KEVIN CROSLEY (PRESIDENT & CEO)
Highest reported compensation
- KEVIN CROSLEY (PRESIDENT & CEO): $511,568 total reported compensation
- ANTHONY VISCONTI (CFO): $213,529 total reported compensation
- LORENE BASS (EXECUTIVE VP SUPPORTS/SERV): $197,439 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
We envision arc herkimer as the premier service provider and resource for people with disabilities, and others in our community partnership of caring people committed to excellence, united by values and goals, directed toward unprecedented levels of consumer satisfaction.
What it reported doing in 2024
Residential services: arc herkimer operated supervised and supportive individual residential alternatives. Each type of residence provides a home for individuals who have intellectual and other developmental disabilities. Individuals living in a residence have the opportunity to improve and enhance their level of independence as well as integrate into the community. Each residence is licensed by the nys office for people with developmental disabilities. Additionally, arc herkimer provides free standing respite services for community people to provide caregivers with a break. 103 persons served.
Operating model
- Revenue model
- Earned-program. 89% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 78
- Accountability: 96
- Sustainability: 46
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.2%; rating input score 84
- Program expense ratio: 89.7%; rating input score 90
- Fundraising efficiency: $12.73 raised per $1 spent on fundraising; rating input score 45; 45th percentile among comparable filings
Transparency & Controls
- Consistency checks: 88.9%; rating input score 89; 3rd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 94.1%; rating input score 94; 27th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 6.1%; rating input score 57; 57th percentile among comparable filings
- Total-asset coverage ratio: 0.78; rating input score 28; 28th percentile among comparable filings
- Liabilities to assets ratio: 0.32; rating input score 44; 44th percentile among comparable filings
- Officer compensation ratio: 5.5%; rating input score 47; 47th percentile among comparable filings
Growth
- Program expense growth: 2.8% per year; rating input score 100; 24th percentile among comparable filings
- Revenue growth: 2.8% per year; rating input score 100; 24th percentile among comparable filings
- Asset growth: 2.6% per year; rating input score 100; 21st percentile among comparable filings
Details
- Where the money goes: 84.2% of revenue deployed · 89.7% of spending went to programs
- Governance: 16 of 17 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $26.4M in reported program spending
- Leadership: top reported pay $512K · 27 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $489K reported
- Consistency: 33 of 35 current checks pass · 2 findings to review
- Schedules: 8 filed schedules · includes major donors and executive pay
- Filing history: 13 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 8 filed money-flow records
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Fundraising efficiency scored 45/100.
- High — Sustainability: Total-asset coverage ratio scored 28/100.
- Review — Sustainability: Operating margin scored 57/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- Moderate — Sustainability: Liabilities to assets ratio scored 44/100.
- Moderate — Sustainability: Officer compensation ratio scored 47/100.