National Institute For The Psychotherapies Training Institute
- Assets
- $2.3m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 15
- Location
- New York, NY
- Founding
- 10/1974
- Data as of
- 06/2022
- EIN
- 13-2764717
Organization Overview
National Institute For The Psychotherapies Training Institute is located in New York, NY. The organization was established in 1974. As of 06/2022, National Institute For The Psychotherapies Training Institute employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Institute For The Psychotherapies Training Institute 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, National Institute For The Psychotherapies Training Institute generated $2.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $2.9m during the year ending 06/2022. While expenses have increased by 1.6% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE PSYCHOANALYTICAL TRAINING AND PSYCHOTHERAPY CLINICAL SERVICES TO THE PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE LOW-COST PSYCHOTHERAPY SERVICES TO THE COMMUNITY AND TO PROVIDE POST-GRADUATE PSYCHOANALYTIC TRAINING TO MENTAL HEALTH PROFESSIONALS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Corby Serrano Executive Director | Officer | 40 | $130,408 |
James L Fosshage PHD Director | Trustee | 3 | $9,740 |
Cynthia Medalie Lcsw Secretary | OfficerTrustee | 7 | $4,180 |
Marc Sholes Lcsw Treasurer | OfficerTrustee | 3 | $9,500 |
Stephen Kuchuck Dsw Director | Trustee | 4 | $5,820 |
Amy Schwartz Cooney PHD Director | Trustee | 4 | $4,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $138,796 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $138,796 |
| Total Program Service Revenue | $2,427,329 |
| Investment income | $83 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $326,375 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,892,583 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $180,248 |
| Compensation of current officers, directors, key employees. | $7,210 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $653,090 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $104,424 |
| Payroll taxes | $74,357 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $22,339 |
| Fees for services: Accounting | $26,137 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $537,829 |
| Advertising and promotion | $7,504 |
| Office expenses | $104,062 |
| Information technology | $88,833 |
| Royalties | $0 |
| Occupancy | $888,587 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,053 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $58,835 |
| All other expenses | $13,460 |
| Total functional expenses | $2,873,738 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $372,194 |
| Savings and temporary cash investments | $528,018 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $290,517 |
| 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 | $11,562 |
| Net Land, buildings, and equipment | $1,131,681 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,333,972 |
| Accounts payable and accrued expenses | $51,620 |
| Grants payable | $0 |
| Deferred revenue | $9,900 |
| 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 | $1,288,330 |
| Total liabilities | $1,349,850 |
| Net assets without donor restrictions | $924,072 |
| Net assets with donor restrictions | $60,050 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,333,972 |