2017-05-12T12:57:44-05:00 2016-06-30 113266576 GRASSI & CO CPA'S PC 50 JERICHO QUADRANGLE JERICHO NY 11753 990 2015-07-01 133882284 THE CORPORATE SOURCE INC CORP 5164195882 1225 FRANKLIN AVENUE SUITE 335 GARDEN CITY NY 11530 JEROME D BLAINE CHAIRMAN 5164195882 2017-05-10 DAVID ROTTKAMP P01303468 5162563500 2017-05-10 2015 2021-01-29 14:40:06Z JEROME D BLAINE 1225 FRANKLIN AVE STE 335 GARDEN CITY NY 11530 21233571 0 X N/A X 1996 NY THE CORPORATE SOURCE, INC. PROVIDES OPPORTUNITIES FOR PEOPLE WITH DISABILITIES TO OBTAIN COMPETITIVE EMPLOYMENT THROUGH LONG-TERM CONTRACTS WITH GOVERNMENT AGENCIES AND BUSINESSE. EMPLOYEES ARE TRAINED AND SUPPORTED FOR ON THE JOB SUCCESS. 8 8 386 0 0 0 38990 45400 18068180 21181476 3751 6295 800 400 18111721 21233571 0 0 0 0 10612972 12306004 0 0 0 6764724 6869446 17377696 19175450 734025 2058121 6867470 8734113 2004072 1386294 4863398 7347819 THE CORPORATE SOURCE INC. PROVIDES OPPORTUNITIES FOR PEOPLE WITH DISABILITIES TO OBTAIN COMPETITIVE EMPLOYMENT THROUGH LONG-TERM CONTRACTS WITH GOVERNMENT AGENCIES AND BUSINESSES. EMPLOYEES ARE TRAINED AND SUPPORTED FOR ON-THE-JOB SUCCESS. 0 0 16375532 21181476 THE CORPORATE SOURCE, INC. (TCS) WAS ESTABLISHED TO CREATE EMPLOYMENT OPPORTUNITIES FOR PEOPLE WITH DISABILITIES BY SECURING CONTRACTS WITH THE GOVERNMENT AND PRIVATE SECTOR THROUGH THESE LONG- TERM CONTRACTS. TCS LINKS TRAINING PROGRAM GRADUATES AND OTHERS TO PAYING, STEADY AND SECURE JOBS. TCS PLACES INDIVIDUALS IN JOBS, PROMOTING INCLUSION IN THE WORKFORCE, GREATER FINANCIAL INDEPENDENCE, PRODUCTIVITY AND PRIDE AMONG PEOPLE WITH DISABILITIES IN NEW YORK CITY, LONG ISLAND, WESTCHESTER, PUERTO RICO AND US VIRGIN ISLANDS. TCS EMPLOYED 278 INDIVIDUALS IN 57 PROGRAMS DURING THE 2016 FISCAL YEAR. 16375532 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 98 0 386 1 0 0 0 0 0 0 0 0 0 0 X 8 8 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X KELLY QUINN 5164195882 1225 FRANKLIN AVENUE SUITE 335 GARDEN CITY NY 11530 JEROME D BLAINE CHAIRMAN 1.00 X X 0 0 0 BENJAMIN DEYOUNG SECRETARY 1.00 X X 0 0 0 ROBERT LEVIN TREASURER 1.00 X X 0 0 0 SCOTT D STELK TRUSTEE 1.00 X 0 0 0 JOSEPH LIZZIO TRUSTEE 1.00 X 0 0 0 MARGARET M MADDEN TRUSTEE 1.00 X 0 0 0 MICHAEL FENNESSY TRUSTEE 1.00 X 0 0 0 EDWARD J HART TRUSTEE 1.00 X 0 0 0 MICHAEL KRAMER EXECUTIVE DIRECTOR 40.00 X 214037 0 19777 MARGARET BROWN VP OF OPERATIONS 40.00 X 133193 0 28234 347230 0 48011 1 0 1 0 ABM ENGINEERING 551 FIFTH AVE NY NY 10176 ENGINEERING 2588789 YOUNG ADULT INSTITUTE 460 W 34TH ST NY NY 10001 MANAGEMENT SERVICES 1410877 JOHNSON CONTROLS 5757 N GREEN BAY AVE MILWAUKEE WI 53209 ENGINEERING 116428 GOLDMAN ANTONETTI & CORDOVA LLC 250 MUNOZ RIVERA AVE SAN JUAN PR 00918 LEGAL 106547 4 45400 45400 SERVICE AGREEMENT - NISH 900099 14539215 14539215 SERVICE AGREEMENT NYS IND. 900099 5189315 5189315 SERVICE INCOME 900099 1437263 1437263 NYS DEPARTMENT OF EDUCATION 900099 15683 15683 21181476 6295 6295 OTHER REVENUE 900099 400 400 400 21233571 21181476 0 6695 239241 239241 8788927 8299555 489372 2096486 1923126 173360 1181350 1091883 89467 1323596 1323596 106685 106685 33095 33095 195245 5139 190106 146497 122817 23680 42676 13634 29042 17116 1071 16045 153074 102158 50916 14270 4277 9993 1346 1346 39318 39318 89619 89619 REPAIRS AND MAINTENANCE 2987642 2986344 1298 SUPPLIES 918859 917384 1475 COMMISSIONS 548032 548032 EXPENSED EQUIPMENT 119943 119202 741 132433 111973 20460 19175450 16375532 2799918 0 1636943 1278354 2209277 3715095 2791835 3420148 115231 180654 1253494 1113632 114184 139862 6867470 8734113 1954072 1386294 50000 2004072 1386294 X 4863398 7347819 4863398 7347819 6867470 8734113 2058121 426300 0 X X 0 1 X 1 0 X 8022 29625 45964 38990 45400 168001 15289920 15877458 16508190 18068180 21181476 86925224 15297942 15907083 16554154 18107170 21226876 87093225 0 0 0 87093225 3506 6672 6110 3751 6295 26334 3506 6672 6110 3751 6295 26334 15301448 15913755 16560264 18110921 21233171 87119559 0.99970 0.99730 0.00030 0.00030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1190611 1050749 139862 62883 62883 0 139862 X 21233571 0 21233571 0 21233571 19175450 0 19175450 0 19175450 PART X, LINE 2: TCS HAS ADOPTED THE PROVISIONS PERTAINING TO UNCERTAIN TAX PROVISIONS OF FASB ASC TOPIC 740, INCOME TAXES, AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCEERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. TCS IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. TCS BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS PRIOR TO 2013 X X X 0 0 0 0 0 0 0 0 0 MICHAEL KRAMER EXECUTIVE DIRECTOR 214037 0 0 0 0 0 0 0 19777 0 233814 0 0 0 MARGARET BROWN VP OF OPERATIONS 133193 0 0 0 0 0 0 0 28234 0 161427 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE CORPORATE SOURCE, INC. HAD A MANAGEMENT AGREEMENT WITH A NEW YORK STATE NOT-FOR-PROFIT CORPORATION, YOUNG ADULT INSTITUTE, INC., WHICH PROVIDED MANAGEMENT SERVICES INCLUDING, BUT NOT LIMITED TO, ACCOUNTING AND FINANCIAL OPERATIONS, ADMINISTRATIVE AND PROGRAM SUPPORT, HUMAN RESOURCES, EDUCATION AND TRAINING, INFORMATION TECHNOLOGY AND GENERAL MANAGEMENT. AS OF SEPTEMBER 1, 2016, THE CORPORATE SOURCE SEPARATED FROM THE YAI NETWORK. FORM 990, PART VI, SECTION B, LINE 11 A DRAFT OF THE 990 IS REVIEWED BY THE FULL BOARD FOR COMMENT AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS ANNUALLY SIGNS AND DISCLOSES ANY POTENTIAL CONFLICTS OF INTEREST. DURING NEW HIRE ORIENTATION ALL EMPLOYERS ARE INTRODUCED TO THE ORGANIZATION'S EMPLOYEE HANDBOOK WHICH INCLUDES A POLICY THAT DEFINES CONFLICTS OF INTEREST AND REQUIRES STAFF TO AVOID ANY CONFLICTS OF INTEREST AND NOTIFY THEIR SUPERVISOR IF A CONFLICT EXISTS. FORM 990, PART VI, SECTION B, LINE 15A THE TCS BOARD ENGAGED AN INDEPENDENT CONSULTANT TO PROVIDE A COMPREHENSIVE COMPENSATION STUDY. THE STUDY PERFORMED INCLUDED ORGANIZATIONS OF SIMILAR SIZE AND FUNCTION. THE STUDY INCLUDED TWO EXECUTIVE STAFF AND WAS REVIEWED AND UTILIZED BY THE BOARD FOR DETERMINING ANNUAL COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR