Albert Ellis Institute
- Assets
- $17.3m
- Revenue
- $2.6m
- Investments
- $15.5m
- Employees
- 7
- Location
- New York, NY
- Founding
- 08/1968
- Data as of
- 12/2021
- EIN
- 13-6275133
Organization Overview
Albert Ellis Institute is located in New York, NY. The organization was established in 1968. According to its NTEE Classification (F30) the organization is classified as: Mental Health Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2021, Albert Ellis Institute employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Albert Ellis 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 12/2021, Albert Ellis Institute generated $2.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 0.0% 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ALBERT ELLIS INSTITUTE IS COMMITTED TO THE PROMOTION OF EMOTIONAL & BEHAVIORAL HEALTH TROUGH RESEARCH, PRACTICE, & TRAINING OF MENTAL HEALTH PROFESSIONALS IN THE USE OF RATIONAL-EMOTIVE & COGNITIVE BEHAVIOR THERAPY AS A COMPREHENSIVE, EVIDENCE-BASED PSYCHOTHERAPY.IN FURTHERANCE OF THIS MISSION, THE INSTITUTE PROVIDES COUNSELING SERVICES AND LECTURES/WORKSHOPS FOR THE PUBLIC.
ADVANCED PROFESSIONAL TRAINING TO MENTAL HELATH PROFESSIONALS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristene A Doyle Executive Director | 40 | $217,418 | |
Michael Hickey Director Of Center F | 40 | $134,459 | |
Stephanie Hochhauser Therapist | 40 | $54,887 | |
Gary Hein Executive Assistant | 40 | $52,613 | |
Steve Johnson President | 3 | $0 | |
Shannon Brome-Ward Vice President | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,222 |
| Interest on Savings | $0 |
| Dividends & Interest | $473,307 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,234,994 |
| Capital Gain Net Income | $1,234,994 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $861,863 |
| Total Revenue | $2,571,386 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $217,418 |
| Other employee salaries and wages | $323,704 |
| Pension plans, employee benefits | $83,485 |
| Interest | $0 |
| Taxes | $8,624 |
| Depreciation | $1,007 |
| Occupancy | $484,434 |
| Travel, conferences, and meetings | $633 |
| Printing and publications | $0 |
| Other expenses | $149,983 |
| Total operating and administrative expenses | $1,411,380 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,411,380 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $146,338 |
| Savings and temporary cash investments | $1,625,874 |
| Net Accounts receivable | $1,349 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $10,649 |
| Prepaid expenses and deferred charges | $6,454 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $4,040 |
| Other assets | $0 |
| Total assets | $17,254,786 |
| Accounts payable and accrued expenses | $22,221 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $22,221 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Albert Ellis Institute has recieved totaling $1,010.
| Awarding Organization | Amount |
|---|---|
Hera Foundation Inc Fisher Island, FL PURPOSE: EDUCATION | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $10 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Catherines Center For Children Albany, NY | $14,520,467 | $19,743,955 |
Scranton Counseling Center Scranton, PA | $17,484,980 | $23,988,647 |
Connecticut Junior Republic Association Inc Litchfield, CT | $5,512,691 | $18,153,265 |
Central New York Services Inc Syracuse, NY | $0 | $18,738,655 |
Mid-Erie Mental Health Services Inc Cheektowaga, NY | $11,487,756 | $17,670,126 |
Pesach Tikvah-Hope Development Inc Brooklyn, NY | $9,161,657 | $17,661,052 |
East House Corporation Rochester, NY | $16,296,186 | $14,154,115 |
Family Connections Inc East Orange, NJ | $10,349,834 | $16,625,896 |
South Jersey Behavioral Health Resources Incorporated Pennsauken, NJ | $12,389,764 | $15,802,420 |
Klingberg Comprehensive Program Services Inc New Britain, CT | $52,416,819 | $13,451,593 |
Connecticut Counseling Centers Inc Waterbury, CT | $5,109,882 | $13,475,860 |
Dickinson Center Inc Ridgway, PA | $10,640,549 | $12,927,451 |