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Nonprofiteer
← NURSING & THERAPY SERVICES OF CO INC

Form 990 for tax year 2022

Filed by NURSING & THERAPY SERVICES OF CO INC.

Totals

Total revenue
$15,177,380
Total expenses
$17,343,186
Contributions and grants received
$100,000
Grants paid
$0
Program service revenue
$15,108,169
Investment income
-$30,789
Other revenue
$0
Total assets, end of year
$10,750,627
Total liabilities, end of year
$3,183,702
Net assets or fund balances, end of year
$7,566,925
Program services expenses (Part IX)
$15,843,897
Management and general expenses
$1,499,289
Fundraising expenses
$0
Program service expenses (Part III)
$15,843,897

Program services were 91.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $100,000

  • 2a · Program service revenue: Home Health

    total $14,296,568 · related or exempt $14,296,568

  • 2b · Program service revenue: Outpatient Therapy Clinic

    total $518,437 · related or exempt $518,437

  • 2c · Program service revenue: Case Management

    total $198,914 · related or exempt $198,914

  • 2d · Program service revenue: Certified Nurse Aide Program

    total $94,250 · related or exempt $94,250

  • 3 · Investment income

    total $147,344 · excluded $147,344

  • 7a · Gross sales of assets other than inventory

    securities $3,339,667

  • 7b · Less cost or other basis and sales expenses

    securities $3,385,722 · other assets $132,078

  • 7c · Gain or loss

    securities -$46,055 · other assets -$132,078

  • 7d · Net gain or loss

    total -$178,133 · excluded -$178,133

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $419,344 · program services $399,544 · management and general $19,800

  • 7 · Other salaries and wages

    total $13,459,425 · program services $12,823,923 · management and general $635,502

  • 8 · Pension plan contributions

    total $89,798 · program services $85,558 · management and general $4,240

  • 9 · Other employee benefits

    total $768,035 · program services $731,771 · management and general $36,264

  • 10 · Payroll taxes

    total $1,047,819 · program services $998,345 · management and general $49,474

  • 11b · Fees: legal

    total $120,051 · management and general $120,051

  • 11c · Fees: accounting

    total $24,939 · management and general $24,939

  • 11g · Fees: other

    total $238,086 · program services $184,227 · management and general $53,859

  • 12 · Advertising and promotion

    total $213,060 · management and general $213,060

  • 13 · Office expenses

    total $36,062 · program services $11,187 · management and general $24,875

  • 14 · Information technology

    total $317,745 · program services $254,196 · management and general $63,549

  • 16 · Occupancy

    total $91,125 · program services $56,674 · management and general $34,451

  • 17 · Travel

    total $12,761 · program services $12,761

  • 19 · Conferences, conventions and meetings

    total $16,493 · program services $16,493

  • 20 · Interest

    total $54,383 · management and general $54,383

  • 22 · Depreciation, depletion and amortization

    total $92,960 · program services $46,480 · management and general $46,480

  • 23 · Insurance

    total $160,792 · program services $151,641 · management and general $9,151

  • 24a · Other expenses: Human Resources

    total $102,922 · management and general $102,922

  • 24b · Other expenses: Supplies and other

    total $77,386 · program services $71,097 · management and general $6,289

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $304,348 · end of year $343,901

  • 2 · Savings and temporary cash investments

    beginning of year $2,326,710 · end of year $896,351

  • 4 · Accounts receivable

    beginning of year $1,296,503 · end of year $1,846,044

  • 9 · Prepaid expenses and deferred charges

    beginning of year $195,593 · end of year $182,284

  • 10a · Land, buildings and equipment: cost or other basis

    $2,614,875

  • 10b · Land, buildings and equipment: accumulated depreciation

    $829,113

  • 10c · Land, buildings and equipment, net

    beginning of year $1,304,508 · end of year $1,785,762

  • 11 · Investments: publicly traded securities

    beginning of year $6,676,817 · end of year $5,696,285

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,215,027 · end of year $1,183,702

  • 24 · Unsecured notes and loans payable

    end of year $2,000,000

  • 27 · Net assets without donor restrictions

    beginning of year $10,889,452 · end of year $7,566,925

Mission and programs · 2022

Mission

NTSOC, a nonprofit organization, serves southern Colorado families of children and young adults with disabilities by providing compassionate quality home care, case management, CNA training, and outpatient therapy. We pursue the best possible outcome defined by the client, family member, and care team.

  • Home Health: Home nursing care services to pediatric patients with disabilities, including CNA care in the home, physical, occupational, and speech therapy, respite care, outpatient clinic therapies, applied behavioral analysis, and skilled nursing. The Organization emphasizes training families to become independent.

    Expenses $14,992,772 · Revenue $14,296,568

  • Outpatient Therapy Clinic: Therapy for special needs children, special needs adults, and other adults as well. The Organization provides special awareness and attention to sensory issues in clients.

    Expenses $543,684 · Revenue $518,437

  • Case Management: Waiver case management services for the C-HCBS and CWA waivers.

    Expenses $208,601 · Revenue $198,914

  • Certified Nurse Aide Training Program: Training for parents of special needs children to allow them to be a paid CNA for their child. The program is also open to the general public and services nursing students, veterans, workforce training agencies, poverty relief agencies, and schools.

    Expenses $98,840 · Revenue $94,250

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Steffani Baker

    Member

    Total calculated
    $0
    Hours/week
    1

  • Rachel Lake

    Member

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Chris Robinson

    Member

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Tim Connors resigned June 2022

    Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Deana Allen resigned June 2022

    Vice Chair

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Derek Kirkham

    Chair

    Total calculated
    $0
    Hours/week
    1

  • Cory Arcarese

    Chief Executive Officer

    Total calculated
    $246,061
    From this org
    $214,829
    From related orgs
    $0
    Other
    $31,232
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $169,254
    Bonus
    $45,575
    Other
    $0
    Deferred
    $7,166
    Nontaxable benefits
    $24,066
    Filer's total
    $246,061

  • Michael Saleeb

    Vice President of Finance

    Total calculated
    $173,283
    From this org
    $160,399
    From related orgs
    $0
    Other
    $12,884
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $154,405
    Bonus
    $5,994
    Other
    $0
    Deferred
    $4,577
    Nontaxable benefits
    $8,307
    Filer's total
    $173,283

  • David Medina

    Certified Nurse Aid

    Total calculated
    $167,925
    From this org
    $167,925
    From related orgs
    $0
    Other
    $0
    Hours/week
    115.5

    Schedule J breakdown matched by us

    Base
    $167,925
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $167,925

  • Sally Wheeler

    Certified Nurse Aid

    Total calculated
    $154,269
    From this org
    $149,696
    From related orgs
    $0
    Other
    $4,573
    Hours/week
    92.5

    Schedule J breakdown matched by us

    Base
    $149,696
    Bonus
    $0
    Other
    $0
    Deferred
    $4,573
    Nontaxable benefits
    $0
    Filer's total
    $154,269

  • Kim Ivy

    Vice President of Clinical Services

    Total calculated
    $166,021
    From this org
    $148,496
    From related orgs
    $0
    Other
    $17,525
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $142,756
    Bonus
    $5,740
    Other
    $0
    Deferred
    $2,191
    Nontaxable benefits
    $15,334
    Filer's total
    $166,021

  • Hannah Beckham

    Certified Nurse Aid

    Total calculated
    $122,514
    From this org
    $122,514
    From related orgs
    $0
    Other
    $0
    Hours/week
    94.5

  • Kristin Waldrop

    Director of Compliance

    Total calculated
    $147,973
    From this org
    $119,173
    From related orgs
    $0
    Other
    $28,800
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • Disabling Barriers

    501(c)(3) · Provide grants to fill unmet needs, overcome barriers, and support caregiver · CO

Provenance

Return type
form_990
Tax year
2022
Filed
8 August 2023
IRS schema version
2022v5.0
Source object
202322229349300742

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