New York Psychotherapy And Counseling Center
- Assets
- $184.9m
- Revenue
- $66.9m
- Investments
- $27.8m
- Employees
- 543
- Location
- Jamaica, NY
- Founding
- 01/1975
- Data as of
- 06/2020
- EIN
- 11-2320614
Organization Overview
New York Psychotherapy And Counseling Center is located in Jamaica, NY. The organization was established in 1975. According to its NTEE Classification (F32) the organization is classified as: Community Mental Health Centers, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2021, New York Psychotherapy And Counseling Center employed 543 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New York Psychotherapy And Counseling Center 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 06/2020, New York Psychotherapy And Counseling Center generated $66.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $44.0m during the year ending 06/2020. While expenses have increased by 6.7% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.TO OPERATE COMMUNITY MENTAL HEALTH CENTERS PROVIDING EXCEPTIONAL SERVICES TO CHILDREN, ADOLESCENTS AND ADULTS IN UNDERSERVED CULTURALLY DIVERSE COMMUNITIES OF NEW YORK CITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE AGENCY PROVIDES OUTPATIENT PSYCHOTHERAPY AND RELATED THERAPEUTIC SERVICES DURING THE COURSE OF THE YEAR FOR A POPULATION OF APPROXIMATELY 26,000 PSYCHIATRIC PATIENTS INCLUDING SEVERELY AND PERSISTENTLY MENTALLY ILL ADULTS AND SERIOUSLY EMOTIONAL DISTURBED CHILDREN. ABOUT 550 FULL & PART TIME PSYCHIATRISTS, PSYCHOLOGISTS, PSYCHIATRIC SOCIAL WORKERS AND RELATED PARAPROFESSIONALS CONDUCTED APPROXIMATELY 560,000 PATIENT VISITS IN OUR CLINIC TREATMENT PROGRAMS DURING THIS FISCAL YEAR. WE OPERATED IN 6 LOCATIONS IN BROOKLYN, BRONX AND QUEENS, INCLUDING SEVERELY UNDERSERVED CULTURALLY DIVERSE COMMUNITIES. CONTINUED ON SCHEDULE O.WE PROVIDE BEHAVIORAL HEALTH SERVICES AT NO COST TO THOSE WITH NO INSURANCE (INCLUDING UNDOCUMENTED IMMIGRANTS). THE CLINIC'S SERVICES ARE PRIMARILY DIRECTED TO AN INDIGENT POPULATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elliott Klein Chief Executive Officer | Officer | 65 | $796,395 |
Jonathan Keigher Vp, Chief Clinical Officer | 50 | $341,483 | |
Edward Klein Vp, Chief Financial Officer | Officer | 50 | $322,920 |
Kenise Etwaru Vp, Chief Human Resources Officer | 50 | $270,500 | |
Joshua Klein Vp, Strategy & Business Operations | 50 | $223,679 | |
Nichole Renadette Senior Program Administrator | 40 | $211,169 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Michelle Alstrom Psychiatrist | 6/29/21 | $440,200 |
Herold Abellard Psychiatrist | 6/29/21 | $349,200 |
Jenevieve Treiser Psychiatrist | 6/29/21 | $290,311 |
Integrated Health Analytics Psychiatrist | 6/29/21 | $430,920 |
Ima Electronic Health Records | 6/29/21 | $387,001 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $1,890,062 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,460,863 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $66,888,342 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $806,880 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $25,132,230 |
| Pension plan accruals and contributions | $19,500 |
| Other employee benefits | $2,295,829 |
| Payroll taxes | $2,146,588 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $27,420 |
| Fees for services: Accounting | $92,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $630,439 |
| Fees for services: Other | $105,335 |
| Advertising and promotion | $17,058 |
| Office expenses | $1,114,250 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $187,904 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $80,608 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,500,787 |
| Insurance | $310,399 |
| All other expenses | $0 |
| Total functional expenses | $44,009,382 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,777,529 |
| Savings and temporary cash investments | $71,934,128 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,722,864 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $558,149 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $27,837,720 |
| Investments—program-related | $0 |
| Intangible assets | $28,116 |
| Other assets | $759,211 |
| Total assets | $184,886,759 |
| Accounts payable and accrued expenses | $3,147,617 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,012,300 |
| Total liabilities | $8,159,917 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $176,726,842 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that New York Psychotherapy And Counseling Center has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Coordinated Behavioral Care Inc New York, NY PURPOSE: WORKFORCE DVELOPMENT & COMPLIANCE | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Advocates Inc Framingham, MA | $63,185,375 | $121,380,386 |
Bestself Behavioral Health Inc Buffalo, NY | $24,474,475 | $78,008,732 |
New Horizon Counseling Center Inc Ozone Park, NY | $68,594,227 | $78,866,340 |
High Point Treatment Center New Bedford, MA | $25,240,433 | $65,067,815 |
Gandara Mental Health Center Inc Springfield, MA | $22,518,218 | $60,249,784 |
Community Counseling Of Bristol County Inc Taunton, MA | $26,762,663 | $53,925,627 |
Northwestern Counseling & Support Services Inc St Albans, VT | $25,629,079 | $48,327,333 |
New York Psychotherapy And Counseling Center Jamaica, NY | $184,886,759 | $66,888,342 |
Post Graduate Center For Mental Health New York, NY | $124,904,291 | $46,026,722 |
Richmond Children Center Inc Mount Kisco, NY | $29,574,027 | $46,486,122 |
Douglas A Thom Clinic Inc Natick, MA | $22,958,997 | $39,570,300 |
Mental Health Services Erie County South East Corp V Spectrum Human Orchard Park, NY | $7,535,170 | $34,611,663 |