Sweeney Named NJBiz CFO of the Year Finalist
PRINCETON, NJ – David Sweeney, Chief Financial Officer of Community Options, Inc., has been selected as a finalist for NJBiz’s CFO of the Year Award, in the category of Nonprofit CEO – Large (75 or more employees). Community Options is a national nonprofit organization that provides housing and employment support to individuals with intellectual and developmental disabilities.
“I am a little blown away,” said Sweeney, who joined the organization in November of 2012. “It is truly an honor to do what you love and to be recognized. Community Options has become family.”
NJBiz’s CFO of the Year awards program celebrates New Jersey’s financial executives at all levels who contribute to the success of the state’s economic growth and stability. Finalists will be recognized and the winner in each category will be announced at a breakfast awards ceremony on Friday, October 14 from 8:00 AM to 10:30 AM at the Palace at Somerset Park in Somerset, New Jersey.
“His nomination for CFO of the year is most welcome and all of the families and thousands of staff celebrate his success,” said President & CEO of Community Options, Robert Stack, who originally hired Sweeney after one breakfast meeting in the Nassau Inn.
Sweeney has worked to grow Community Options into the 4th largest nonprofit in NJ. He has kept administrative costs to under 10% for the entire organization. He has developed a sophisticated system to maintain over 550 vehicles, 400 homes and services to over 2,500 families with 4000 employees. When Sweeney took over four years ago, Community Options’ budget was $70 million. It now sits at $150 million.
Sweeney is responsible for all financial responsibilities and assists in performing all tasks necessary to achieve the organization’s mission. He has reduced insurance costs working with Marsh & McCullen. He has maintained audit compliance with financial directives. David also works as a volunteer to help further advance Community Options’ national 5K, Cupid’s Chase, in addition to several other fundraisers.
Sweeney has helped grow the infrastructure with an almost 40% growth factor over the last four years.
Prior to coming to Community Options, Sweeney earned his MBA from Rutgers University and became a licensed CPA. He worked for a variety of nursing home facilities and St. Barnabas, specializing in healthcare sector managing operations, resolving debt issues with special skills in cash flow management, bad debt control, admission procedures, auditing and accounting processes, and building effective leadership.
He lives with his wife, Lori and daughters Lauren, Gabriella and son Timothy.
About Community Options, Inc.:
For over 25 years, Community Options has developed housing and employment programs for people with disabilities – serving thousands of people through 38 offices across 10 states. Community Options provides advocacy assistance to empower people with disabilities because all people – regardless of ability level – should live and work in the community with dignity, choice and self-determination.
For more information please visit our website: www.comop.org and to follow along with the ComOpCares campaign, search #ComOpCares on Facebook, Twitter and Instagram.