Wellspring Inc

Organization Overview

Wellspring Inc is located in Louisville, KY. The organization was established in 1981. According to its NTEE Classification (F70) the organization is classified as: Mental Health Disorders, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2022, Wellspring Inc employed 124 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wellspring Inc 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, Wellspring Inc generated $6.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $6.4m during the year ending 06/2022. While expenses have increased by 4.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE THE RECOVERY OF PERSONS WITH MENTAL ILLNESS THROUGH LEADERSHIP IN THE DEVELOPMENT OF QUALITY HOUSING AND REHABILITATION SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

WELLSPRING OPERATES TWO CARF ACCREDITED CRISIS UNITS FOR ADULTS INPSYCHIATRIC CRISIS. THE PROGRAM OFFERS A COMFORTABLE, COMMUNITY-BASED AND COST EFFECTIVE ALTERNATIVE TO INPATIENT HOSPITALIZATION FOR ADULTS WHO NEED AN INTENSIVE LEVEL OF SUPPORT BUT DO NOT REQUIRE THE LOCKED DOWN SAFETY OF AN INPATIENT HOSPITAL. THESE CRISIS STABILIAZATION UNITS(CSUS) ARE LICENSED BY THE COMMONWEALTH OF KY AND MONITORED BY THE OFFICE OF THE INSPECTOR GENERAL TO MEET QUALITY STANDARDS. THE PROGRAMS PROVIDE 24-HOUR STAFF SUPPORT WITH A MULTI-DISCIPLINARY TEAM APPROACH, INCLUDING ON SITE SERVICES FROM A PSYCHIATRIST, APRN, CLINICAL SOCIAL WORKERS, ART THERAPISTS AND PSYCH REHAB COUNSELORS. THE PROGRAMS CAN ACCOMMODATE A MAXIMUM OF 18 PEOPLE ON ANY GIVEN DAY AND SERVED 322 PEOPLE IN FISCAL YEAR 2022. THE PROGRAMS WORK CLOSELY WITH THE PSYCHIATRIC EMERGENCY ROOM, HOSPITALS, OUTPATIENT PROVIDERS, FAMILIES, AND OTHER COMMUNITY RESOURCES FOR REFERRALS, DIVERTING 90% FROM HOSPITALS. IN 2020, OUR ACCREDITION WAS EXTENDED FOR ANOTHER THREE-YEAR TERM.


WELLSPRING'S SUPPORTED EMPLOYMENT PROGRAM IS BASED ON AN EVIDENCED BASED MODEL CALLED IPS OR INDIVIDUAL PLACEMENT & SUPPORT THAT WAS DEVELOPED AT DARTMOUTH COLLEGE. THIS APPROACH FOCUSES ON HELPING CLIENTS TO DEVELOP EMPLOYMENT GOALS THAT TRULY REFLECT THEIR INTERESTS, VALUES,SKILLS, AND EXPERIENCES AND SEEKS TO HELP THESE CLIENTS FIND COMPETITIVE EMPLOYMENT THAT ALIGNS WITH THEIR GOALS.


WELLSPRING'S SUPPORTIVE AND AFFORDABLE HOUSING PROGRAMS SERVE ADULTSWITH SERIOUS MENTAL ILLNESS WHO ARE LIVING ON INCOMES WELL BELOW THEFPL-TYPICALLY, <50% OF AMI. IN FISCAL 2022 WE PROVIDED 100+ ADULTS WITH MENTAL ILLNESS HOUSING IN PROPERTIES OWNED BY WELLSPRING AND OVER 449 PEOPLE IN SCATTERED SITE MAINSTREAM RENTAL UNITS. SERVICES LIKE CASE MANAGEMENT, PEER SUPPORT, AND THERAPY ARE AVAILABLE TO CLIENTS IN OUR HOUSING PROGRAMS. TO QUALIFY FOR THESE PROGRAMS A CLIENT MUST HAVE A DOCUMENTED MENTAL HEALTH DISABILITY/ILLNESS, MANY HAVE A SUBSTANCE ABUSE D/O, A PHYSICAL HEALTH CONDITION, AND /OR ARE HOMELESS. MORE THAN 556 PEOPLE PARTICIPATED IN WELLSPRING HOUSING PROGRAMS IN FISCAL YEAR 2022. IN 2020, WE EXTENDED OUR ACCREDITATION IN COMMUNITY HOUSING FOR ANOTHER 3 YEARS.


WELLSPRING, THROUGH OUR BHSO (BEHAVIORAL HEALTH ORGANIZATION), PROVIDES OUTPATIENT GROUP TX, INDIVIDUAL THERAPY, CASE MANAGEMENT AND PEER SUPPORT AS WELL AS INTENSIVELY SUPPORTED SPECIALTY PROGRAMS LIKE ASSERTIVE COMMUNITY TREATMENT (ACT) TEAM, WISH WHICH PROVIDES SEVEN DAY A WEEK SUPPORT SERVICES TO HIGHLY VULNERABLE CLIENTS, AND PIC (PROGRAM FOR INTEGRATED CARE) WHICH IS A SAMHSA SUPPORTED PROGRAM FOR ADULTS WITH CO-OCCURRING MENTAL ILLNESS AND SUBSTANCE USE DISORDERS. IN 2020, WE EXTENDED OUR ACCREDITATION IN OUTPATIENT SERVICE AND CASE MANAGEMENT FOR ANOTHER 3 YEARS (THE MAXIMUM ACHIEVABLE OUTCOME).


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Board, Officers & Key Employees

Name (title)Compensation
Steve Kerrick
Chair
$0
William Friel
Vice Chair
$0
Rosmond Jones Dolen
Secretary
$0
Curtiss Scott
Treasurer
$0
Alan Macdonald
Board Member
$0
George W Rapp Jr
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$30,000
Related organizations$0
Government grants $3,002,174
All other contributions, gifts, grants, and similar amounts not included above$482,272
Noncash contributions included in lines 1a–1f $30,000
Total Revenue from Contributions, Gifts, Grants & Similar$3,514,446
Total Program Service Revenue$2,752,665
Investment income $71
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $65,203
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,332,385

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