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Nonprofit · EIN 21-0674715

LADACIN NETWORK INC

Tax-exempt · OCEAN, NJ 07712

Financials

$32.3M$30.5M2022$35.6M$33.1M2023$36.9M$35.7M2024
Revenue Expenses · by fiscal year end
Financials of LADACIN NETWORK INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$36,943,349$35,711,497$1,231,852$30,531,268$5,728,522$24,802,746
June 30, 2024990$35,550,374$33,089,110$2,461,264$27,618,697$6,359,799$21,258,898
June 30, 2023990$32,275,164$30,521,692$1,753,472$24,926,387$6,241,442$18,684,945
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,784,102
of which government grants
$585,400
Program service revenue
$34,497,192
Investment income
$417,035
Net rental income
$90,700
Net income from fundraising events
$21,715
Net income from gaming
$56,233
Other revenue
$245,020

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$478,705
Other salaries and wages
$23,203,887
Salaries, compensation and benefits (total)
$30,457,865
Professional fundraising fees
$0
Legal fees
$1,054
Accounting fees
$222,990
Occupancy
$662,841
Travel
$475,414
Depreciation
$830,004
Program services (functional)
$34,042,832
Management and general (functional)
$1,329,102
Fundraising (functional)
$339,563

Balance sheet and other

Total assets, start of year
$27,618,697
Total assets, end of year
$30,531,268
Total liabilities, end of year
$5,728,522
Net assets, end of year
$24,802,746
Land, buildings and equipment
$8,178,066
Publicly traded securities
$8,380,679
Net assets without donor restrictions
$24,467,587
Net assets with donor restrictions
$335,159
Gross receipts
$37,048,811
Employees
593
Volunteers
99
Year formed
1952
State of legal domicile
NJ

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
PATRICIA B CARLESIMOEXECUTIVE DIRECTOR
Officer
35$279,932$59,420
CELESTE SMITHASSOCIATE EXECUTIVE DIR
Highest-paid employee
40$174,199$36,066
LISA GRAULASSOCIATE EXECUTIVE DIR
Highest-paid employee
40$131,553$50,225
JUDITH A HILLASPEECH LANGUAGE PATHOLOGIST
Highest-paid employee
40$151,854$8,008
MICHELE P FINCHLERSPEECH LANGUAGE PATHOLOGIST
Highest-paid employee
40$133,664$25,566
TIYAEH MEPHIBOSHETHDIRECT SUPPORT PROFESSIONAL
Highest-paid employee
60$118,244$18,969
CRYSTAL FITZPATRICKDIRECTOR OF FINANCE
Officer
35$113,378$14,257
STEPHEN F BELL CPAVICE PRESIDENT
Trustee or director, Officer
3$0$0
VICTOR SBAILOMEMBER
Trustee or director
1$0$0
NANCY KEGELMAN EDDPRESIDENT
Trustee or director, Officer
3$0$0
WILLIAM COLLOPYMEMBER
Trustee or director
1$0$0
CHRISTINE RUSSELL GRAYSECRETARY
Trustee or director, Officer
3$0$0
THOMAS F HAYESMEMBER
Trustee or director
1$0$0
STEPHAN LOWYMEMBER
Trustee or director
1$0$0
KANESHA JONESMEMBER
Trustee or director
1$0$0
4 more people on this return
NameTitleHours / weekCompensation
PHILIP NISBETTREASURER
Trustee or director, Officer
3$0
VINCENT J VIVONA DO JDMEMBER
Trustee or director
3$0
KELLY SIEGFRIEDMEMBER
Trustee or director
1$0
JOEL GOLDFINGERMEMBER
Trustee or director
1$0
990 for the year ended June 30, 2024: 21 people
NameTitleHours / weekCompensationOther / benefits
PATRICIA B CARLESIMOEXECUTIVE DIRECTOR
Officer
35$233,910$41,676
CELESTE SMITHASSOCIATE EXECUTIVE DIR
Highest-paid employee
40$161,692$26,057
LISA GRAULASSOCIATE EXECUTIVE DIR
Highest-paid employee
40$137,192$38,240
JUDITH A HILLASPEECH LANGUAGE PATHOLOGIS
Highest-paid employee
40$151,835$5,453
MICHELE P FINCHLERSPEECH LANGUAGE PATHOLOGIS
Highest-paid employee
40$134,928$17,157
CATHERINE M JASAITISSPEECH LANGUAGE PATHOLOGIS
Highest-paid employee
40$110,588$14,829
CRYSTAL FITZPATRICKDIRECTOR OF FINANCE
Officer
35$82,735$8,109
STEPHEN F BELL CPAVICE PRESIDENT
Trustee or director, Officer
3$0$0
VICTOR SBAILOMEMBER
Trustee or director
1$0$0
MARY HARTNETT ESQMEMBER
Trustee or director
1$0$0
NANCY KEGELMAN EDDPRESIDENT
Trustee or director, Officer
3$0$0
WILLIAM COLLOPYMEMBER
Trustee or director
1$0$0
CHRISTINE RUSSELL GRAYSECRETARY
Trustee or director, Officer
3$0$0
THOMAS F HAYESMEMBER
Trustee or director
1$0$0
STEPHAN LOWYMEMBER
Trustee or director
1$0$0
KANESHA JONESMEMBER
Trustee or director
1$0$0
PHILIP NISBETTREASURER
Trustee or director, Officer
3$0$0
VINCENT J VIVONA DO JDMEMBER
Trustee or director
3$0$0
MARILYN SHAPIROMEMBER
Trustee or director
1$0$0
KELLY SIEGFRIEDMEMBER
Trustee or director
1$0$0
JOEL GOLDFINGERMEMBER
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 21 people
NameTitleHours / weekCompensationOther / benefits
PATRICIA B CARLESIMOEXECUTIVE DIRECTOR
Officer
40$193,852$63,405
CELESTE SMITHASSOCIATE EXECUTIVE DIR
Highest-paid employee
40$139,927$38,960
LISA GRAULASSOCIATE EXECUTIVE DIR
Highest-paid employee
40$108,016$39,497
JUDITH A HILLASPEECH LANGUAGE PATHOLOGIS
Highest-paid employee
40$137,730$4,396
CATHERINE M JASAITISSPEECH LANGUAGE PATHOLOGIS
Highest-paid employee
40$119,629$13,613
MICHELE P FINCHLERSPEECH LANGUAGE PATHOLOGIS
Highest-paid employee
40$103,889$28,117
CRYSTAL R PENDRYDIRECTOR OF FINANCE
Officer
40$106,280$12,539
STEPHEN F BELL CPAPRESIDENT
Trustee or director, Officer
1$0$0
VICTOR SBAILOVICE PRESIDENT
Trustee or director, Officer
1$0$0
MARY HARTNETT ESQSECRETARY
Trustee or director, Officer
1$0$0
NANCY KEGELMAN EDDTREASURER
Trustee or director, Officer
1$0$0
WILLIAM COLLOPYMEMBER
Trustee or director
1$0$0
CHRISTINE RUSSELL GRAYMEMBER
Trustee or director
1$0$0
THOMAS F HAYESMEMBER
Trustee or director
1$0$0
STEPHAN LOWYMEMBER
Trustee or director
1$0$0
KANESHA JONESMEMBER
Trustee or director
1$0$0
PHILIP NISBETMEMBER
Trustee or director
1$0$0
VINCENT J VIVONA DO JDMEMBER
Trustee or director
1$0$0
MARILYN SHAPIROMEMBER
Trustee or director
1$0$0
KELLY SIEGFRIEDMEMBER
Trustee or director
1$0$0
JOEL GOLDFINGERMEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
1703 KNEELEY BLVD, OCEAN, NJ 07712-7622
In care of
% PATRICIA CARLESIMO
Principal officer (990 for 2024)
PATRICIA CARLESIMO, 1703 KNEELEY BOULEVARD, WANAMASSA, NJ 07712
Signed the 990
PATRICIA CARLESIMO, EXECUTIVE DIRECTOR
Phone
(732) 493-5900
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

THE MISSION OF LADACIN NETWORK, A NON-PROFIT AGENCY, IS TO PROVIDE A CONTINUUM OF CARE, INCLUDING EDUCATIONAL, THERAPEUTIC, SOCIAL, RESIDENTIAL AND SUPPORT SERVICES TO INFANTS, CHILDREN, AND ADULTS WITH COMPLEX PHYSICAL AND DEVELOPMENTAL DISABILITIES OR DELAYS.

990 for the year ended June 30, 2025

Program accomplishments

  • LADACIN NETWORK'S TWO STATE APPROVED PRIVATE SCHOOLS SPAN ACROSS TWO COUNTIES (MONMOUTH AND OCEAN) EXTENDING THE REACH TO MULTIPLY DISABLED STUDENTS AGES 3-21 OFFERING A UNIQUE TRANSDISCIPLINARY APPROACH BOASTING COMPREHENSIVE MEDICAL, THERAPEUTIC, AND EDUCATIONAL SERVICES FOR A WHOLE CHILD APPROACH. SINCE 1956 THE AGENCY HAS PROGRESSIVELY ENHANCED SKILLS TO ENABLE STUDENTS TO DISCOVER AND DEVELOP INDIVIDUAL STRENGTHS AND ABILITIES USING STATE OF THE ARTS TECHNOLOGY CREATING A SPACE TO MAXIMIZE POTENTIAL. THE NJDOE FUNDING SUPPORTS EDUCATIONAL SERVICES, STAFF SALARIES, THERAPY EQUIPMENT, AND FACILITY MAINTENANCE. ADDITIONAL REVENUE IS GENERATED THROUGH DONATIONS, GRANTS, AND FUNDRAISING. LADACIN NETWORK ADHERES TO STRICT STATE GUIDELINES TO ENSURE COMPLIANCE, ACCOUNTABILITY, AND TRANSPARENCY IN FINANCIAL REPORTING, DEMONSTRATING THE ORGANIZATION'S COMMITMENT TO ITS MISSION OF IMPROVING THE LIVES OF INDIVIDUALS WITH DISABILITIES.
    Expenses $7,833,477 · revenue $7,873,508
  • OUR STATE CERTIFIED DAY HABILITATION PROGRAMS PROVIDE ADULT BASIC EDUCATION, PRE-VOCATIONAL EXPLORATION, NURSING SERVICES, SOCIAL AND RECREATIONAL OPPORTUNITIES AND SPECIALIZED TRANSPORTATION TO ADULTS WITH MULTIPLE PHYSICAL AND INTELLECTUAL DISABILITIES. SERVICES ARE PROVIDED IN ATTRACTIVE, BARRIER-FREE ENVIRONMENTS IN BOTH MONMOUTH AND OCEAN COUNTIES. PRE-VOCATIONAL EXPLORATION INCLUDES THE AREAS OF FOOD SERVICE AND CHILDCARE. EVALUATION AND TRAINING IN THE USE OF ASSISTIVE TECHNOLOGY IS INTEGRATED INTO THE PROGRAMS. PHYSICAL THERAPY, OCCUPATIONAL THERAPY, AND SPEECH LANGUAGE THERAPY MAY BE PROVIDED AS COMPONENTS OF A TRANSDISCIPLINARY APPROACH TO SERVICE DELIVERY. ADDITIONAL FUNDING FOR THIS PROGRAM IS PROVIDED THROUGH FEDERAL GRANTS.
    Expenses $10,200,890 · revenue $8,500,336
  • RESIDENTIAL OPTIONS CONSIST OF 10 LOCATIONS, 7 GROUP HOMES, 2 SUPPORTED/SUPERVISED APARTMENTS AND 1 INDEPENDENT LIVING APARTMENT COMPLEX. LOCATED IN MONMOUTH AND OCEAN COUNTIES. THESE BARRIER FREE, ACCESSIBLE LOCATIONS PROVIDE 24/7 RESIDENTIAL CARE TO 89 ADULTS WITH MULTIPLE PHYSICAL, INTELLECTUAL AND DEVELOPMENTAL DISABILITIES. PERSONAL ASSISTANT SERVICES ARE PROVIDED TO THE TENANTS IN THEIR RESIDENCE. A WHEELCHAIR EQUIPPED VEHICLE IS ALSO AVAILABLE AT EACH RESIDENCE TO ASSIST TENANTS WITH ATTENDING DAY PROGRAMS, COMMUNITY INTEGRATION ACTIVITIES, AND MEDICAL APPOINTMENTS. THESE PROGRAMS ARE SUBSIDIZED BY FUNDS AVAILABLE FROM HUD AND NJ DHS.
    Expenses $10,591,245 · revenue $12,982,890
  • Expenses $5,417,220 · revenue $5,288,038

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
21-0674715
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1976
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$30,531,268
Income (IRS master file)
$37,048,811

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$36,943,349$35,711,497$30,531,268XML
990June 2024$35,550,374$33,089,110$27,618,697XML
990June 2023$32,275,164$30,521,692$24,926,387XML
990June 2022$30,468,758$26,609,108$23,397,632IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 21-0674715).

Questions about LADACIN NETWORK INC

What is the EIN of LADACIN NETWORK INC?
The employer identification number (EIN) of LADACIN NETWORK INC is 21-0674715.
Is LADACIN NETWORK INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1976.
Are donations to LADACIN NETWORK INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LADACIN NETWORK INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LADACIN NETWORK INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LADACIN NETWORK INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of LADACIN NETWORK INC?
The 990 for the year ended June 30, 2025 names PATRICIA CARLESIMO.
Who are the officers and directors of LADACIN NETWORK INC?
The 990 for the year ended June 30, 2025 lists 19 people; 7 received compensation from the organization, the highest $279,932 (PATRICIA B CARLESIMO, EXECUTIVE DIRECTOR).
How much revenue does LADACIN NETWORK INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $36,943,349, expenses of $35,711,497 and total assets of $30,531,268 at year end.

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