2014-05-06T09:22:24-05:00 2013-06-30 131517563 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2012-07-01 133882284 THE CORPORATE SOURCE INC CORP 2125637474 460 WEST 34TH STREET NEW YORK NY 10001 JEROME D BLAINE 2125637474 2014-05-02 1 FREDERICK H ROTHMAN P01275277 2128674000 2012 2015-11-30 17:44:51Z JEROME D BLAINE 460 WEST 34TH STREET NEW YORK NY 10001 16104126 0 X N/A X 1996 NY THE CORPORATE SOURCE, INC. WAS ESTABLISHED TO CREATE EMPLOYMENT OPPORTUNITIES FOR PEOPLE WITH DISABILITIES BY SECURING OUTSOURCING CONTRACTS WITH THE GOVERNMENT AND PRIVATE SECTOR. 7 7 362 8 0 0 8022 29625 15289290 15877458 3506 6672 0 190371 15300818 16104126 0 0 0 0 9061514 9081560 0 0 3486 6137215 6637441 15198729 15719001 102089 385125 6788100 6418865 2687445 2544157 4100655 3874708 X THE CORPORATE SOURCE, INC. WAS INCORPORATED IN 1996 UNDER THE NOT-FOR PROFIT CORPORATION LAW OF NEW YORK STATE. THE CORPORATE SOURCE, INC. HAS BEEN GRANTED EXEMPTION FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE CORPORATE SOURCE, INC. WAS ESTABLISHED TO CREATE EMPLOYMENT OPPORTUNITIES FOR PEOPLE WITH DISABILITIES BY SECURING OUTSOURCING CONTRACTS WITH THE GOVERNMENT AND PRIVATE SECTOR. THROUGH THESE LONG-TERM CONTRACTS, THE CORPORATE SOURCE LINKS TRAINING PROGRAM GRADUATES AND OTHERS TO WELL-PAYING, STEADY AND SECURE JOBS. TO DATE, THE CORPORATE SOURCE 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 THE U.S VIRGIN ISLANDS. 0 0 13416426 15877458 THE CORPORATE SOURCE, INC.(TCS) WAS ESTABLISHED TO CREATE EMPLOYMENT OPPORTUNITIES FOR PEOPLE WITH DISABILITIES BY SECURING OUTSOURCING CONTRACTS WITH THE GOVERNMENT AND PRIVATE SECTOR. THROUGH THESE LONG-TERM CONTRACTS, TCS LINKS TRAINING PROGRAM GRADUATES AND OTHERS TO WELL-PAYING, STEADY AND SECURE JOBS. TO DATE, 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 AND PUERTO RICO. TCS EMPLOYED 267 INDIVIDUALS IN 34 PROGRAMS DURING THE 2013 FISCAL YEAR. 13416426 1 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 44 0 362 1 0 0 0 0 0 0 0 0 0 0 X 7 7 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X SANJAY DUTT 2122736100 460 WEST 34TH STREET NEW YORK NY 10001 X JEROME D BLAINE 1.00 X X 0 0 0 BENJAMIN DEYOUNG 1.00 X X 0 0 0 STEPHAN HITTMANN 1.00 X X 0 0 0 MICHAEL FENNESSY 1.00 X 0 0 0 EDWARD J HART 1.00 X 0 0 0 JOSEPH LIZZIO 1.00 X 0 0 0 SCOTT D STELK 1.00 X 0 0 0 ROBERT LEVIN 1.00 X 0 0 0 0 0 0 0 0 0 0 ABM ENGINEERING SERVICES 551 FIFTH AVE NY NY 10176 ENGINEERING 1595468 YOUNG ADULT INSTITUTE INC 460 WEST 34TH STREET NY NY 10001 MANAGEMENT SERVICES 1270028 JOHNSON CONTROLS PO BOX 905240 CHARLOTTE NC 28290 CONTROL SYSTEMS 252402 3 29625 29625 SERVICE AGREEMENT-NISH 900099 11116652 11116652 SERVICE AGREEMENT-NYS INDUSTRIES 900099 4259252 4259252 SERVICE INCOME 900099 501554 501554 15877458 6672 6672 INSURANCE REFUND 900099 190371 190371 190371 16104126 15877458 0 197043 6619686 6541892 77794 228314 216966 11348 1710636 1709472 1164 522924 511266 11658 1374323 1374323 10738 10738 23085 23085 635984 7850 628134 859387 838404 20983 12817 12385 432 2668156 2635702 32454 129190 116893 12297 28801 17060 11741 44611 44611 71940 65075 6865 139589 137949 1640 COMMISSIONS 444019 444019 EQUIPMENT 117019 115677 1342 FOOD 32274 30644 1630 RECRUITING 555 555 44953 14617 26850 3486 15719001 13416426 2299089 3486 739758 625117 2148007 2002292 3159267 3541589 597927 151821 1084855 986809 143141 98046 6788100 6418865 1587445 1444157 1100000 1100000 2687445 2544157 X 4100655 3874708 4100655 3874708 6788100 6418865 385125 -611072 0 X X 0 1 X 1 0 X 64261 48036 93697 8022 29625 243641 13062182 14197758 15347956 15289290 15877458 73774644 13126443 14245794 15441653 15297312 15907083 74018285 0 0 0 74018285 15001 7775 6603 3506 6672 39557 15001 7775 6603 3506 6672 39557 190371 190371 13141444 14253569 15448256 15300818 16104126 74248213 0.99690 0.99900 0.00050 0.00050 X SCHEDULE A, PART II, LINE 12, EXPLANATION OF OTHER INCOME: INSURANCE REFUND 1021972 924975 96997 62883 61834 1049 98046 X 15913755 0 15913755 190371 190371 16104126 15528630 0 15528630 190371 190371 15719001 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE CORPORATE SOURCE, INC. HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING JUNE 30, 2010 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: INSURANCE REFUND PART XII, LINE 4B - OTHER ADJUSTMENTS: INSURANCE REFUND FORM 990, PART VI, SECTION A, LINE 3 THE CORPORATE SOURCE HAS A MANAGEMENT AGREEMENT WITH A NEW YORK STATE NOT-FOR-PROFIT CORPORATION, YOUNG ADULT INSTITUTE, INC., TO PROVIDE MANAGEMENT SERVICES WHICH INCLUDE, BUT ARE NOT LIMITED TO, ACCOUNTING AND FINANCIAL OPERATIONS, ADMINISTRATIVE AND PROGRAM SUPPORT, HUMAN RESOURCES, EDUCATION AND TRAINING, INFORMATION TECHNOLOGY, AND GENERAL MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 11 TCS'S FORM 990 WAS PREPARED BY THE EXTERNAL AUDIT FIRM. PRIOR TO SUBMISSION, THE DRAFT 990 WAS DISTRIBUTED TO ALL BOARD MEMBERS FOR REVIEW. A MEETING WAS SCHEDULED WITH PARTNERS FROM THE AUDIT FIRM, MEMBERS OF THE BOARD INCLUDING BOARD CHAIRMAN AND VICE-CHAIRMAN, AND EXECUTIVE MANAGEMENT. AT THE SCHEDULED MEETING, WHICH WAS ATTENDED TELEPHONICALLY, THE AUDIT FIRM PRESENTED THE DRAFT 990 AND ANSWERED ANY QUESTIONS. THE BOARD MEMBERS IN ATTENDANCE APPROVED THE DRAFT 990. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS EACH OFFICER, DIRECTOR, TRUSTEE, AND KEY EMPLOYEE SHALL COMPLETE A CONFLICT OF INTEREST DISCLOSURE QUESTIONNAIRE. AN AMENDED FORM MUST BE FILED IN THE EVENT OF A MATERIAL CHANGE OF CIRCUMSTANCES. THE COMPLETED FORM SHALL BE REVIEWED BY THE CHIEF FINANCIAL OFFICER AND THE CHIEF COMPLIANCE OFFICER AND ANY OTHER STAFF AS NECESSARY TO DISCERN IF THERE MAY BE A CONFLICT OF INTEREST IN THE CONDUCT OF AGENCY BUSINESS OR THAT MAY CREATE AN APPEARANCE OF INVOLVING A CONFLICT OF INTEREST. THE CHIEF FINANCIAL OFFICER SHALL REPORT TO THE BOARD AT LEAST ANNUALLY ON ANY DISCLOSED CONFLICT OF INTEREST. 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.