BNET Industries

Comforce Corp.

(CFS) is in the Business Services Industry

Market Cap:$20.6M

Last Fiscal Year Sales:$586.6M

Public
US

Dow Jones Description

Staffing personnel placed by the Company are employees of the Company. The Company is responsible for employment related expenses for its employees, including workers compensation, unemployment compensation insurance, Medicare and Social Security taxes and general payroll expenses. The Company offers health, dental, 401(k), disability and life insurance to its eligible employees. Staffing and consulting companies, including the Company, typically pay their billable employees for their services before receiving payment from their clients, resulting in significant outstanding receivables. To the extent the Company grows, these receivables will increase and there will be greater need for borrowing availability under the PNC Credit Facility. At April 19, 2009, the Company had outstanding $71.1 million principal amount under the PNC Credit Facility with remaining availability of up to $14.9 million, based upon the borrowing base as defined in the loan agreement, to fund operations. The Company has had preliminary discussions with PNC to extend the PNC Credit Facility beyond its current maturity date of July 24, 2010. No assurance can be given that the Company will resolve such discussions on a satisfactory basis. ...

CEO

John Fanning

Number of Employees 620

Contact Information

415 Crossways Park Dr

Woodbury, New York 11797-2061

comforce.com

(516) 437-3300

Peer Companies

NAICS Code Temporary Help Services: 561320

Recent Events

COMFORCE Corporation Announces Third Quarter 2009 Results

11/05/09 - Financial Announcement - View Story
COMFORCE Corporation Reports Second Quarter 2009 Results

8/05/09 - Financial Announcement - View Story

News & Analysis

comforce corp. - All News and Analysis

COMFORCE Corporation Q2 2008 Earnings Call Transcript

Seeking Alpha - 2008-09-24

Question-and-Answer Session Operator Operator Instructions Your first question comes from Bruce Galloway – Galloway Capital Management. Bruce Galloway – Galloway Capital Management With regards to the new contract signed during the second quarter, could you sort of elaborate? Are these additional contracts and they’re going to be kicking...

Tags: Comforce Corp.

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Decision Makers

Name (plus bio)	Position
John Fanning	CEO
Harry MacCarrone	Ex. Vice President, CFO & Secretary
Kevin Reilly	CIO
Bradley Turkin	Executive Vice President
Evan Burks	Executive Vice President
Robert Senatore	Executive Vice President
Robert Ende	Senior Vice President
Allison Gross	Area Vice President
Arthur A. Feltma	General Counsel & Vice President
Arthur A. Feltman	General Counsel & Vice President
Bruce Stephan	Vice President, Taxation
Cyndi Thomas	Vice President, Coding Services
Diane Claiborne	Vice President, Client Service Operations
Linda Annicelli	Vice President, Administration
Marguerite Debilio	Vice President, Insurance
Martha White	Vice President
Pete Petix	Vice President
Teresa Golio	Vice President, Finance
Kasee Bojorquez	Administrative Director
Linda Steele	Sales Director
Scott Terrell	Sales Director
Bobbie Sands	Operations Manager
Elizabeth Disalvo	Branch Manager
Richard Buhl	Branch Manager
Sandra Quintero	Branch Manager
Suzanne Kresge	Manager
Tricia Devlin	Staffing Manager

Board of Directors

Name (plus bio)	Position
Daniel Raynor	Board of Directors
Gordon Robinett	Board of Directors
Kenneth J. Daley	Board of Directors
Pierce J. Flynn	Board of Directors
Rosemary Maniscalco	Vice Chairman

Organization	Position	Status
Comforce Corporation	CEO	Current
PrO Unlimited	Co-Founder & CEO	Current
THISCO	President	Former
Comforce Corporation	Board Chairman	Current
Comforce Corporation	Board Director	Former

Harry V. Maccarrone has served as Executive Vice President, Secretary and a director of the Company since 1998 and as the Chief Financial Officer of the Company since 2000. Mr. Maccarrone, who joined Uniforce in 1988 as Assistant Vice President--Finance, served as Vice President--Finance of Uniforce from 1989 to 1997. From 1989 until 1997 he also served as Uniforce's Treasurer and Chief Financial Officer.

Organization	Position	Status
Comforce Corporation	Ex. Vice President, CFO & Secretary	Current
Comforce Corporation	Board of Directors	Current
Uniforce, Inc	Assistant Vice President	Former
Uniforce, Inc	Treasurer	Former

Organization	Position	Status
Comforce Corporation	CIO	Current
Comforce Corporation	Vice President, Information Services	Former

Organization	Position	Status
Comforce Corporation	Executive Vice President	Current

Organization	Position	Status
Comforce Corporation	Executive Vice President	Current

Organization	Position	Status
Comforce Corporation	Executive Vice President	Current

Organization	Position	Status
Comforce Corporation	Senior Vice President	Current

Organization	Position	Status
Comforce Corporation	Area Vice President	Current

Organization	Position	Status
Comforce Corporation	General Counsel & Vice President	Current

Organization	Position	Status
Comforce Corporation	General Counsel & Vice President	Current
Comforce Corporation	General Counsel	Former

Organization	Position	Status
Comforce Corporation	Vice President, Taxation	Current

Organization	Position	Status
Comforce Corporation	Vice President, Coding Services	Current

Organization	Position	Status
Comforce Corporation	Vice President, Client Service Operations	Current

Organization	Position	Status
Comforce Corporation	Vice President, Administration	Current

Organization	Position	Status
Comforce Corporation	Vice President, Insurance	Current

Organization	Position	Status
Comforce Corporation	Vice President	Current

Organization	Position	Status
Comforce Corporation	Vice President	Current

Organization	Position	Status
Comforce Corporation	Vice President, Finance	Current
Comforce Corporation	Corporate Controller	Current

Organization	Position	Status
Comforce Corporation	Administrative Director	Current

Organization	Position	Status
Comforce Corporation	Sales Director	Current

Organization	Position	Status
Comforce Corporation	Sales Director	Current

Organization	Position	Status
Comforce Corporation	Operations Manager	Current

Organization	Position	Status
Comforce Corporation	Branch Manager	Current

Organization	Position	Status
Comforce Corporation	Branch Manager	Current

Organization	Position	Status
Comforce Corporation	Branch Manager	Current

Organization	Position	Status
Comforce Corporation	Manager	Current

Organization	Position	Status
Comforce Corporation	Staffing Manager	Current

Dan serves on the board of directors and is managing partner and co-founder of Argentum Group, a New York-based private equity firm with over 50 active portfolio investments and aggregate investment capital of over $280 million. At Argentum, he coordinates private equity investment opportunities in the software, information services, and outsourcing/business services sectors. He brings to the Board more than 12 years of private equity experience. Dan also serves on the Board of Directors of Applied Data Systems, Inc., Community Education Centers, Inc., Dynamic Healthcare Technologies, Inc., Fusion Lighting, Inc., Health Charge Corporation, NuCo2, Inc., and Transforce, Inc. He received a Bachelor of Science degree in economics from the Wharton School of Business at the University of Pennsylvania.

Organization	Position	Status
The Argentum Group	Co-Founder	Current
Argentum Corporation	Co-Founder	Current
The Argentum Group	Managing Partner	Current
Applied Data Systems, Inc	Director of Ads	Current
Nuco2 Inc.	Chairman	Current
Community Education Centers, Inc.	Board of Directors	Current
TransForce Inc.	Board of Directors	Current
Comforce Corporation	Board of Directors	Current
Fusion Lighting Limited	Board of Directors	Current
Bio-Kinetic Clinical Applications, Inc	Board of Directors	Current
Applied Data Systems, Inc	Board of Directors	Current
Research Pharmaceutical Services, Inc.	Board of Directors	Current
Expertplan, Inc.	Board of Directors	Current
Healthcharge Inc.	Board of Directors	Current
TransForce, Inc.	Board of Directors	Current
Paciolan, Inc.	Board Member, Argentum Group	Current
The Argentum Group	Owner	Former
Wharton Graduate School of the University of Pennsylvania	B.S. In Economics	Former
The Wharton School of the University of Pennsylvania	B.S. In Economics	Former