Servicenet Inc

Organization Overview

Servicenet Inc is located in Northampton, MA. The organization was established in 1974. According to its NTEE Classification (F33) the organization is classified as: Residential Mental Health Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2022, Servicenet Inc employed 1,914 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Servicenet Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Servicenet Inc generated $90.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $85.3m during the year ending 06/2022. While expenses have increased by 6.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

WE PROVIDE PEOPLE WITH EFFECTIVE SUPPORT, TREATMENTS, AND STRATEGIES SO THEY MAY LIVE THEIR LIVES TO THE FULLEST.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MENTAL HEALTH AND RECOVERY SERVICES - RESIDENTIAL SUPPORTS THROUGH STAFFED AND INDEPENDENT LIVING ARRANGEMENTS DESIGNED TO ASSIST INDIVIDUALS WITH MENTAL ILLNESS TO LIVE IN THE COMMUNITY TO THE FULL EXTENT OF THEIR POTENTIAL.


DEVELOPMENT AND BRAIN INJURY SERVICES - A FULL CONTINUUM OF COMMUNITY RESIDENTIAL AND SUPPORT PROGRAMS DESIGNED TO FULFILL THE NEEDS OF THE DEVELOPMENTALLY CHALLENGED INDIVIDUALS AND THOSE WHO HAVE SUSTAINED ACQUIRED OR TRAUMATIC BRAIN INJURY.


OUTPATIENT AND HEALTH SERVICES - OUTPATIENT PSYCHOTHERAPY, MEDICATION AND OUTREACH SERVICES TO CHILDREN, ADOLESCENTS AND ADULTS.


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Board, Officers & Key Employees

Name (title)Compensation
Louis Velazquez
Medical Director
$286,730
Susan L Stubbs
President & CEO
$219,870
Abbas Hamdan
Sr VP Development/brain Inj Svcs
$180,290
Bruno Calouro
Sr VP Of Operations
$179,765
James Frutkin
Sr VP Business Strategy
$149,999
Genevieve Schreiber
CFO
$131,767

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Kent Hess Md
Psychiatrist
$208,634
E-hana Llc
Computer Programming
$119,551
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$35,495
Membership dues$0
Fundraising events$99,123
Related organizations$0
Government grants $76,760,198
All other contributions, gifts, grants, and similar amounts not included above$214,367
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$77,109,183
Total Program Service Revenue$12,725,317
Investment income $535
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $66,489
Net Income from Fundraising Events -$68,824
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $90,841,202

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