2025-11-10T10:56:38-06:00 2025-06-30 061667465 PRAGER METIS CPAS LLC 14 PENN PLAZA SUITE 1800 NEW YORK NY 10122 990 2024-07-01 133620577 LIFE ADJUSTMENT CENTER INC LIFE 2129381223 1430 BROADWAY 501 NEW YORK NY 100189221 ALEX CORONEOS EXEC DIRECT 2129381223 2025-11-07 1 0 THOMAS TORRILLO P00839848 2126430099 2025-10-27 2024 2025-03-06 01:10:19Z ALEX CORONEOS 1430 BROADWAY 501 NEW YORK NY 100189221 13237892 0 X LIFEADJUSTMENTCENTER.COM X 1991 NY LAC PROVIDES RESIDENTIAL AND SUPPORT SERVICES TO DEVELOPMENTALLY DISABLED INDIVIDUALS. 8 8 205 0 0 0 144251 0 11597464 13142923 27493 26314 -2191 68655 11767017 13237892 0 0 0 0 8194918 8673362 0 0 0 4067101 4218781 12262019 12892143 -495002 345749 9365741 8578226 5776037 4642773 3589704 3935453 X THE MISSION OF THE LIFE ADJUSTMENT CENTER (LAC) IS TO OPTIMIZE THEQUALITY OF LIFE FOR THE DEVELOPMENTALLY DISABLED CHILDREN AND ADULTPOPULATION AND THEIR FAMILIES BY PROVIDING QUALITY, STATE-OF-THE-ARTHEALTH CARE SERVICES, IN A CHANGING AND CHALLENGING ENVIRONMENT. 0 0 7003349 8859048 RESIDENTIAL CARE - PROVIDER OF RESIDENTIAL CLINICAL SUPPORT AND SERVICES TO THE DEVELOPMENTALLY DISABLED INDIVIDUALS. 2456682 2577305 DAY HABILITATION - PROVIDES ASSISTANCE WITH ACQUIRING, RETAINING ANDIMPROVING SELF HELP SOCIALIZATION & ADAPTIVE SKILLS IN A SETTING OTHERTHAN A PERSON'S RESIDENCE. 312956 473896 COMMUNITY HABILITATION AND GROUP COMMUNITY HABILITATION/RESIDENTIAL - PROVIDES ASSISTANCE WITH ACQUIRING, RETAINING AND IMPROVING SKILLS IN THE ACTIVITIES OF DAILY LIVING AT A RESIDENCE. 1526140 1232674 EARLY CHILDHOOD SERVICES 1526140 1232674 11299127 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 24 0 1 205 1 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X ROSEMARIE GOODEN CPA DEPUTY DIRECTOR OF FINANCE 2129381223 1430 BROADWAY SUITE 501 NEW YORK NY 10018 GARY MCKAY BOARD PRESIDENT 1.00 X X 0 0 0 ERIC FOODIM BOARD TREASURER 1.00 X X 0 0 0 NYDIA MENDEZ BOARD SECRETARY 1.00 X X 0 0 0 ALEX CORONEOS EXECUTIVE DIRECTOR 40.00 X X 173929 0 8174 FRED ROMERO BOARD DIRECTOR 1.00 X 0 0 0 CONSTANCE BROWN BELLAMY BOARD DIRECTOR 1.00 X 0 0 0 GEORGE SANTANA BOARD DIRECTOR 1.00 X 0 0 0 DR ANTHONY LECHICH BOARD DIRECTOR 1.00 X 0 0 0 TINA VEALE BOARD DIRECTOR 1.00 X 0 0 0 ANGELA WALDRON RESIDENTIAL COORDINATOR 40.00 X 179130 0 7380 SETH BRESSMAN FORMER DIRECTOR OF FINANCE 40.00 X 265607 0 11083 618666 0 26637 3 0 1 0 HAPPY CARE AMBULETTE INC 3947PROSPECT AVENUE BRONX NY 10466 TRANSPORTATION SERVICE 586735 GCC TRANSPORTATION LLC 1776 EASTCHESTER ROAD BRONX NY 10461 TRANSPORTATION SERVICE 367500 EMILY WIGGINS 8430 SW 217TH COURT RD DUNNELLON FL 34431 HUMAN RESOURCES 120640 3 MEDICAID 900099 10857319 10857319 CHILDCARE 900099 1232672 1232672 SOCIAL SECURITY INCOME 900099 729987 729987 ROOM & BOARD 900099 163109 163109 FOOD STAMPS 900099 159836 159836 13142923 26314 26314 MISCELLANEOUS 900099 68655 68655 68655 13237892 13142923 0 94969 645303 368613 276690 6613735 6128804 484931 901321 681397 219924 513003 513003 49443 19394 30049 92922 92922 201044 201044 1822913 1620250 202663 15950 7584 8366 537 537 199921 199921 112138 90923 21215 CLIENT TRANSPORTATION 972785 972785 SUPPLIES 442034 428515 13519 REPAIRS AND MAINTENANCE 185099 155192 29907 TELEPHONE 39430 32820 6610 84565 79926 4639 12892143 11299127 1593016 0 1371709 1213897 748628 774942 1462712 1833328 39642 58437 3182260 2035467 1197523 1146793 4545527 3550829 9365741 8578226 1030779 970175 4745258 3672598 5776037 4642773 X 3589704 3935453 3589704 3935453 9365741 8578226 345749 0 X 0 1 X 1 0 X 1417372 1943439 144251 0 3505062 9523519 10330915 10779328 11597464 13142923 55374149 9523519 11748287 12722767 11741715 13142923 58879211 0 0 0 58879211 16090 28672 12595 27493 26314 111164 16090 28672 12595 27493 26314 111164 20452 1335 -2191 68655 88251 9560061 11776959 12736697 11767017 13237892 59078626 0.99660 0.99760 0.00190 0.00160 X 450000 450000 956468 956468 0 1676946 980153 696793 31147 31147 0 67699 67699 0 1146793 OPERATING LEASE RIGHT-OF-USE LIABILITIES 3387522 SECURITY DEPOSITS 163307 3550829 OPERATING LEASE RIGHT-OF-USE LIABILITIES 3672598 3672598 X 13237892 0 13237892 0 13237892 12892143 0 12892143 0 12892143 PART X, LINE 2: LAC QUALIFIES AS A NOT-FOR-PROFIT ORGANIZATION AS DEFINED BY INTERNAL REVENUE CODE SECTION 501(C)(3) AND, ACCORDINGLY, IS EXEMPT FROM FEDERAL INCOME TAXES. LAC HAS NO UNRECOGNIZED TAX BENEFITS AS OF JUNE 30, 2025 AND 2024. LAC'S FEDERAL AND STATE INFORMATION RETURNS FOR THE FISCAL YEARS 2021 TO 2024 REMAIN OPEN AND SUBJECT TO EXAMINATION BY RESPECTIVE TAX AUTHORITIES. MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF APPLICABLE THE ORGANIZATION RECOGNIZES INTEREST AND PENALTIES ASSOCIATED WITH TAX MATTERS AS PART OF THE INCOME TAX PROVISION IN THE STATEMENT OF ACTIVITIES AND INCLUDES ACCRUED INTEREST AND PENALTIES WITH RELATED TAX LIABILITIES IN THE STATEMENT OF FINANCIAL POSITION. THE ORGANIZATION DID NOT RECORD ANY INTEREST OR PENALTIES FOR THE YEARS ENDED JUNE 30, 2025 AND 2024. X 0 0 0 0 0 0 0 0 0 SETH BRESSMAN FORMER DIRECTOR OF FINANCE 214873 0 0 0 50734 0 11083 0 0 0 276690 0 0 0 ANGELA WALDRON RESIDENTIAL COORDINATOR 149669 0 0 0 29461 0 7380 0 0 0 186510 0 0 0 ALEX CORONEOS EXECUTIVE DIRECTOR 159573 0 0 0 14356 0 8174 0 0 0 182103 0 0 0 GATEWAY COUNSELING CENTER BOARD MEMBER IS EMPLOYEE RENT PAID LEASE 0 GCC TRANSPORTATION BOARD MEMBER IS EMPLOYEE BUS CONTRACT 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WAS REVIEWED BY THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS, AS WELL AS THE EXECUTIVE DIRECTOR AND DIRECTOR OF FINANCE PRIOR TO BOARD APPROVAL. THE FINAL DRAFT IS THEN PRESENTED TO THE BOARD FOR APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY EACH BOARD OF DIRECTOR MEMBER SHALL COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES IN WHICH HE OR SHE IS INVOLVED THAT HE OR SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST. SUCH RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES MIGHT INCLUDE SERVICE AS A DIRECTOR OF OR CONSULTANT TO ANOTHER NONPROFIT ORGANIZATION, OR OWNERSHIP OF A BUSINESS THAT MIGHT PROVIDE GOODS OR SERVICES TO LAC. ANY SUCH INFORMATION REGARDING THE BUSINESS INTERESTS OF A DIRECTOR, OFFICER, EMPLOYEE OR VOLUNTEER, OR A FAMILY MEMBER THEREOF, SHALL BE TREATED AS CONFIDENTIAL AND SHALL GENERALLY BE MADE AVAILABLE ONLY TO THE CHAIR, THE EXECUTIVE DIRECTOR, AND ANY COMMITTEE APPOINTED TO ADDRESS CONFLICTS OF INTEREST, EXCEPT TO THE EXTENT ADDITIONAL DISCLOSURE IS NECESSARY IN CONNECTION WITH THE IMPLEMENTATION OF THIS POLICY. FORM 990, PART VI, SECTION B, LINE 15 A) THE EXECUTIVE DIRECTOR'S COMPENSATION IS REVIEWED AND DISCUSSED BY THE BOARD OF DIRECTORS, INCLUDING THE BOARD TREASURER, BASED UPON INDEPENDENT REGIONAL COMPENSATION ANALYSES AND COMPARISONS. B) EXCEPT FOR THE EXECUTIVE DIRECTOR AND TOP FINANCIAL OFFICER, NONE OF THE OFFICERS OF LIFE ADJUSTMENT CENTER, INC. ARE EMPLOYEES AND NONE OF THE OFFICERS RECEIVE COMPENSATION FOR THEIR SERVICES. THE BOARD MEMBERS ARE NON-COMPENSATED AND ARE NOT EMPLOYEES OF LIFE ADJUSTMENT CENTER, INC. THE TOP FINANCIAL OFFICER SALARY IS REVIEWED AND APPROVED BY THE EXECUTIVE DIRECTOR, BASED UPON INDEPENDENT REGIONAL COMPENSATION ANALYSES AND COMPARISONS. THE ORGANIZATION HAS A WRITTEN COMPENSTAION CONTRACT WITH THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE AVAILABLE UPON REQUEST.