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Cfs Self-Directed Supports Inc

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

EIN: 825520438 ✦ New york, NY ✦ Designated as a 501(c)(3)

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

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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,555,717

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?

Steven Vernikoff is the Chief Executive Officer of Cfs Self-Directed Supports Inc. The CEO's salary of Cfs Self-Directed Supports Inc is $0 and their total compensation is $380,133.


Official website here: www.cfsny.org

What is the revenue of Cfs Self-Directed Supports Inc?

Cfs Self-Directed Supports Inc's revenue in 2022 was $14,659,181.


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 2022 was $18,564. There are 407 employees and 5 volunteers at Cfs Self-Directed Supports Inc.

Here are 8 key members and their salaries (Cfs Self-Directed Supports Inc's CEO's salary is $0 and their total compensation is $380,133):

    Steven Vernikoff (Chief Executive Officer)
  • Compensation: $0
  • Related: $335,272
  • Other: $44,861

    • Barbara J Greenwald (Chief Operating Officer)
  • Compensation: $0
  • Related: $232,457
  • Other: $57,067

    • Ken D Semple (Chief Financial Officer)
  • Compensation: $0
  • Related: $213,370
  • Other: $67,372

    • Lloyd Stabiner (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Sellar (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Ludolph (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Francesca Falco (Director Thru 2/20/22)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jose Martin Jara Esq (Director)
  • 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?

    The Cfs Self-Directed Supports Inc’s most recent form 990 was submitted in 2022 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.

    Impact

    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.




    Thursday, August 15, 2024

    Cfs Self-Directed Supports Inc has a significant impact on individuals with intellectual and developmental disabilities by providing them with the opportunity to take control of their care through self-directed services. By offering administrative and fiscal intermediary support, the organization empowers these individuals to make decisions about their care, hire their own staff, and manage their budgets effectively.

    Through its services, Cfs Self-Directed Supports Inc ensures that individuals with disabilities receive the necessary support to lead independent and fulfilling lives. By facilitating background checks for self-hired staff, handling billing processes with Medicaid and the state, managing payroll, tracking expenditures, and providing regular statements, the organization plays a crucial role in enabling individuals to access the care they need within their budgets.

    Overall, Cfs Self-Directed Supports Inc contributes to the well-being and empowerment of individuals with intellectual and developmental disabilities in New York, allowing them to exercise greater control over their lives and healthcare decisions.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $0
  • Program Service Revenue: $14,011,986
  • Gross Receipts: $14,659,181

    • Assets and Liabilities:
  • Total Assets: $2,767,329
  • Total Liabilities: $2,767,329
  • Net Assets: $0
  • Programs

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

    GOVERNMENT FEES

    Revenue

    $14,011,986

    Organization Details

    Founding Year

    2018

    Principal Officer

    Steven Vernikoff

    Main Address

    333 SEVENTH AVENUE FL 9, NEW YORK, NY, 10001

    NTEE Category

    Code: P20 - Human services

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