New York Psychiatric Association Inc
- Assets
- $406.0k
- Revenue
- $494.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Garden City, NY
- Founding
- 08/1984
- Data as of
- 12/2021
- EIN
- 13-2999702
Organization Overview
New York Psychiatric Association Inc is located in Garden City, NY. The organization was established in 1984. According to its NTEE Classification (F03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New York Psychiatric Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, New York Psychiatric Association Inc generated $494.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $512.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 7 years. 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 ADVANCE THE PRACTICE AND PROFESSION OF PSYCHIATRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION RETAINS THE SERVICES OF A LEGISLATIVE CONSULTANT TO REPRESENT THE INTEREST OF THE MENTALLY ILL AND MENTAL HEALTH SERVICES BEFORE NEW YORK STATE LEGISLATURE. IT ALSO PROVIDES EDUCATION AND CONSULTATION TO LEGISLATORS ON MENTAL HEALTH ISSUES.
THE ORGANIZATION RETAINS LEGAL COUNSEL TO ASSIST IN ONGOING LEGAL ACTION TO LESSEN ADMINISTRATIVE BURDEN FOR PSYCHIATRISTS PARTICIPATING IN VARIOUS THIRD PARTY PAYMENT PROGRAMS.
THE ORGANIZATION MAINTAINS A WEBSITE FOR ITS MEMBERS.
ALL INDIRECT EXPENSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Seth P Stein ESQ (see Section | Officer | $0 | |
Glenn Martin MD Area 2 Trust | Trustee | $0 | |
Edward Herman MD Vice Preside | Trustee | $0 | |
Joe Vito MD Treasurer | Trustee | $0 | |
Marvin Koss MD Secretary | Trustee | $0 | |
Seeth Vivek MD Past Preside | Trustee | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Richard Gallo Legislative Con | 12/30/21 | $155,370 |
Moritt Hock & Hamroff Llp Management Svcs | 12/30/21 | $258,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $366,069 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $99,385 |
| All other contributions, gifts, grants, and similar amounts not included above | $26,750 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $492,204 |
| Total Program Service Revenue | $0 |
| Investment income | $308 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $494,311 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $238,650 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,500 |
| Fees for services: Lobbying | $106,350 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $58,500 |
| Advertising and promotion | $0 |
| Office expenses | $7,848 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $512,816 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $402,616 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,433 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $406,049 |
| Accounts payable and accrued expenses | $70,667 |
| Grants payable | $0 |
| Deferred revenue | $324,453 |
| 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 | $0 |
| Total liabilities | $395,120 |
| Net assets without donor restrictions | $10,929 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $406,049 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that New York Psychiatric Association Inc has recieved totaling $33,535.
| Awarding Organization | Amount |
|---|---|
American Psychiatric Association Washington, DC PURPOSE: BLOCK GRANT | $33,535 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mental Health Partnerships Philadelphia, PA | $7,825,414 | $16,042,776 |
Serious Fun Childrens Network Inc Norwalk, CT | $18,366,481 | $13,567,970 |
Mental Health Association In Essex County Westport, NY | $601,249 | $2,113,385 |
Drug Chemical And Associated Technologies Association Inc Robbinsville, NJ | $7,404,869 | $2,350,712 |
New Jersey Association Of Mental Health And Addiction Agencies Inc Mercerville, NJ | $2,175,561 | $1,839,376 |
Pennsylvania Psychological Association Harrisburg, PA | $1,190,908 | $1,011,140 |
The Mental Health Association In Jefferson County Incorporated Watertown, NY | $173,724 | $778,461 |
New York Integrated Network For Persons With Developmental Disabil Brooklyn, NY | $1,758,205 | $1,507,662 |
International Society For Bipolar Disorders Inc Monroeville, PA | $2,121,867 | $822,920 |
New Jersey Psychological Association Livingston, NJ | $940,228 | $697,746 |
New York State Psychological Association Inc New York, NY | $813,575 | $586,201 |
New York Psychiatric Association Inc Garden City, NY | $406,049 | $494,311 |