National Institute For The Psychotherapies Training Institute
- Assets
- $2.0m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 34
- Location
- New York, NY
- Founding
- 10/1974
- Data as of
- 06/2021
- 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 06/2021, National Institute For The Psychotherapies Training Institute employed 34 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 06/2021, National Institute For The Psychotherapies Training Institute generated $2.7m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $2.7m during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE PSYCHOANALYTICAL TRAINING AND PSYCOTHERAPY 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 PSYCOANALYTIC TRAINING TO MENTAL HEALTH PROFESSIONALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Corby Serrano Executive Director | 40 | $112,275 | |
James L Fosshage PHD Director | Trustee | 3 | $6,810 |
Cynthia Medalie Lcsw Secretary | OfficerTrustee | 7 | $6,355 |
Marc Sholes Lcsw Treasurer | OfficerTrustee | 3 | $6,225 |
Stephen Kuchuck Dsw Director | Trustee | 4 | $5,520 |
Amy Schwartz Cooney PHD Director | Trustee | 4 | $5,020 |
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 | $95,898 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $95,898 |
| Total Program Service Revenue | $2,380,679 |
| Investment income | $88 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $269,175 |
| 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 | $2,745,840 |
| 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. | $149,845 |
| Compensation of current officers, directors, key employees. | $13,486 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $625,557 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $101,005 |
| Payroll taxes | $70,940 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,430 |
| Fees for services: Accounting | $19,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $590,055 |
| Advertising and promotion | $12,287 |
| Office expenses | $18,580 |
| Information technology | $68,716 |
| Royalties | $0 |
| Occupancy | $702,044 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $10,449 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $79,435 |
| Insurance | $64,314 |
| All other expenses | $27,318 |
| Total functional expenses | $2,670,956 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $475,460 |
| Savings and temporary cash investments | $364,424 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,117,798 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,957,682 |
| Accounts payable and accrued expenses | $60,143 |
| 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 | $796,807 |
| Total liabilities | $856,950 |
| Net assets without donor restrictions | $1,013,885 |
| Net assets with donor restrictions | $86,847 |
| 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 | $1,957,682 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that National Institute For The Psychotherapies Training Institute has recieved totaling $20,000.
Endowment Analysis
| Beg. Balance | $54,793 |
| Net Contributions | $32,054 |
| Ending Balance | $86,847 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ackerman Institute For The Family New York, NY | $24,038,213 | $4,944,100 |
National Institute For The Psychotherapies Training Institute New York, NY | $1,957,682 | $2,745,840 |
Institute For Psychoanalytic Training And Research Inc New York, NY | $1,337,956 | $1,330,415 |
Nami New York State Inc Albany, NY | $2,225,901 | $957,349 |
National Psychological Association For Psychoanalysis Inc New York, NY | $5,865,235 | $98,902 |
Gestalt Association For Psychotherapy Inc New York, NY | $481,769 | $368,614 |
Gestalt Center For Psychotherapy And Training New York, NY | $207,006 | $278,073 |
National Alliance On Mental Illness Of Westchester Inc Elmsford, NY | $233,954 | $274,246 |
American Academy Of Psychoanalysis And Dynamic Psychiatry Bloomfield, CT | $1,350,787 | $169,201 |
Child And Adolescent Psychology Training & Research Inc Burlington, VT | $1,067,631 | $62,298 |
Association For The Advancement Of Psychoanalysis Inc New York, NY | $460,554 | $0 |
Behavioral Health Management Solutions Inc Framingham, MA | $0 | $0 |