Rockland Independent Living Center Inc Dba Bridges

Nonprofit profile at a glance

EIN
061227289
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
West Nyack, NY, USA
Phone
8456241366
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Centers to Support the Independence of Specific Populations

Reported finances

Revenue
$24,955,307
Expenses
$22,535,913
Assets
$13,282,514
Liabilities
$2,845,574

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

18 people listed

Executive titles in this filing

  • CARLOS MARTINEZ (CEO,EXEC DIR)
  • STEVEN BREEN (President)

Highest reported compensation

  • CARLOS MARTINEZ (CEO,EXEC DIR): $215,159 total reported compensation
  • LORRAINE GREENWELL (DEPUTY EXEC DIR): $130,727 total reported compensation
  • NICOLE SIRIGNANO (COMPLIANCE OFFICER): $123,820 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of bridges is to provide advocacy and leadership toward an accessible, integrated community, promoting health and autonomy for people with disabilities.

What it reported doing in 2024

BRIDGES is the sole member/owner of Connections: Employment & Marketing Services, LLC, a subsidiary of BRIDGES with a mission to provide accessible employment opportunities for Veterans and people with disabilities. The four Independence Cafs located at the Pomona Rockland County Office Building, Congers Lake Memorial Park, New City Court House, and Suffern Library are staffed by veterans and people with disabilities. The Cafs offer pre-packaged breakfasts and lunches purchased from local food establishments, as well as other grab-and-go convenience items.Unique Boutique BRIDGES operates a store in its Welcome Center at the Palisades Center Mall that sells unique gift items made by and for people with disabilities under consignment agreements with vendors with disabilities. Items include candles, soaps, artwork, cards, sweatshirts, bags, and more.

Operating model

Revenue model
Earned-program. 92% 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.

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: 78
  • Transparency & Controls: 79
  • Accountability: 100
  • Sustainability: 53
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81%; rating input score 81
  • Program expense ratio: 90.7%; rating input score 91
  • Fundraising efficiency: $6.7 raised per $1 spent on fundraising; rating input score 27; 27th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd 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: 100%; rating input score 100; 66th 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: 9.7%; rating input score 67; 67th percentile among comparable filings
  • Total-asset coverage ratio: 0.59; rating input score 20; 20th percentile among comparable filings
  • Liabilities to assets ratio: 0.21; rating input score 57; 57th percentile among comparable filings
  • Officer compensation ratio: 2.6%; rating input score 72; 72nd percentile among comparable filings

Growth

  • Program expense growth: 8.2% per year; rating input score 100; 63rd percentile among comparable filings
  • Revenue growth: 10.1% per year; rating input score 100; 74th percentile among comparable filings
  • Asset growth: 16.3% per year; rating input score 100; 83rd percentile among comparable filings

Details

  • Where the money goes: 81% of revenue deployed · 90.7% of spending went to programs
  • Governance: 14 of 14 board members independent · 9 of 9 filing controls reported
  • Programs: 6 filed program accomplishments · $20.4M in reported program spending
  • Leadership: top reported pay $215K · 18 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $1.3M reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 13 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 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.

  • High — Financial Efficiency: Fundraising efficiency scored 27/100.
  • High — Sustainability: Total-asset coverage ratio scored 20/100.
  • Review — Sustainability: Liabilities to assets ratio scored 57/100.