Centerstone Of Tennessee Inc
- Assets
- $61.1m
- Revenue
- $149.7m
- Investments
- $0.0
- Employees
- 1,481
- Location
- Nashville, TN
- Founding
- 07/2017
- Data as of
- 06/2024
- EIN
- 62-1674308
Organization Overview
Centerstone Of Tennessee Inc is located in Nashville, TN. The organization was established in 2017. According to its NTEE Classification (F99) the organization is classified as: Mental Health & Crisis Intervention N.E.C., under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2024, Centerstone Of Tennessee Inc employed 1,481 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Centerstone Of Tennessee 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 06/2024, Centerstone Of Tennessee Inc generated $149.7m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $145.8m during the year ending 06/2024. While expenses have increased by 6.8% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
"DELIVERING CARE THAT CHANGES PEOPLE'S LIVES"
Describe the Organization's Program Activity:
Part 3 - Line 4a
CENTERSTONE PROVIDES OUTPATIENT MENTAL HEALTH AND SUBSTANCE USE DISORDER SERVICES TO CHILDREN, ADOLESCENTS AND ADULTS. OUR LICENSED CLINICIANS ARE EXPERTS IN THEIR FIELDS WHO WORK WITH EACH CLIENT TO CREATE SPECIALIZED CARE PLANS BEST DESIGNED FOR THE INDIVIDUAL. PROVIDED BY LICENSED MASTERS-LEVEL CLINICIANS, THESE SERVICES INCLUDED INDIVIDUAL, FAMILY, COUPLES OR GROUP COUNSELING, PRIMARILY PROVIDED IN A CLINIC SETTING. CENTERSTONE'S COUNSELING SERVICES CAN HELP WITH ADDICTION, ANGER MANAGEMENT, ANXIETY, DEPRESSION, STRESS AND TRAUMA AND MANY OTHER CONCERNS.
OTHER-SPOTLIGHT TENNESSEE:1. TENNESSEE HEALTH LINK CENTERSTONE HEALTH LINK IS DESIGNED TO DELIVER WHOLE-PERSON, INTEGRATED BEHAVIORAL HEALTH, AND PRIMARY CARE COORDINATION. UPON ENROLLMENT, A DEDICATED TEAM OF PROFESSIONALS ACCESSES THE MEDICAL CARE AND MENTAL HEALTH SERVICES THE INDIVIDUAL MAY NEED, WITH THE FLEXIBILITY TO SUPPORT THE INDIVIDUAL IN THE MOST EFFECTIVE WAYS. TOGETHER, THEY FOCUS ON RECOVERY AND IMPROVING QUALITY OF LIFE, REACHING FULL POTENTIAL, PREVENTION, EARLY DETECTION, AND CONTROL OF CHRONIC CONDITIONS.2. STEVEN A. COHEN MILITARY FAMILY CLINICTHE STEVEN A. COHEN MILITARY FAMILY CLINIC AT CENTERSTONE WAS CREATED TO SUPPORT THIS SELFLESS POPULATION BY ENSURING THEY RECEIVE THE CARE THEY DESERVE AT LITTLE TO NO COST. CENTERSTONE AND COHEN VETERANS NETWORK FIRST PARTNERED ON THE STEVEN A. COHEN MILITARY FAMILY CLINIC AT CENTERSTONE IN CLARKSVILLE, TENN., IN AUGUST 2018 AND HAS ADDED TWO ADDITIONAL CLINICS IN JACKSONVILLE FL AND FAYETTEVILLE, NC. 3. PREVENTION CENTERSTONE OFFERS PREVENTION SERVICES THROUGHOUT MIDDLE TENNESSEE, EDUCATING AND EMPOWERING CHILDREN, TEENS AND THEIR FAMILIES TO MAKE POSITIVE DECISIONS WHEN FACED WITH COMMON REAL-LIFE ISSUES LIKE ALCOHOL USE, DRUG USE, DEPRESSION, BULLYING AND TEEN PREGNANCY.
WORKING WITH INDIVIDUALS IN THEIR NATURAL ENVIRONMENTS, FOR EXAMPLE IN THEIR HOME OR SCHOOL. SERVICES PROVIDED INCLUDE: ASSESSMENT, PLANNING, COORDINATION, MONITORING, AND EVALUATION OF OPTIONS AND RESOURCES TO MEET AN INDIVIDUAL'S SPECIFIC NEEDS. SOME EXAMPLES OF CASE MANAGEMENT SERVICES MIGHT BE: ASSISTANCE WITH HEALTH NEEDS, ASSISTANCE WITH TRANSPORTATION.
CENTERSTONE PHARMACY PROVIDES BEHAVIORAL AND PHYSICAL HEALTH CARE MEDICATIONS TO INDIVIDUALS VIA 3 ONSITE LOCATIONS AND MAIL ORDER SERVICE. PHARMACY STAFF WORKS WITH THE PRESCRIBING PROFESSIONAL (PSYCHIATRIST OR NURSE PRACTITIONER) TO ENSURE CONTINUITY OF CARE IN FILLING AND ACCESSING NEEDED MEDICATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dana Oman Immediate Past Chair | OfficerTrustee | 2 | $0 |
Kate Satz Director | Trustee | 2 | $0 |
Kelly Crockett Chair | OfficerTrustee | 2 | $0 |
Mark Faulkner Vice Chair | OfficerTrustee | 2 | $0 |
Jill Obremskey MD Secretary | OfficerTrustee | 2 | $0 |
Kevin Hamilton Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Absolute Care Llc Rent/lease | 6/29/24 | $2,219,984 |
Autumn Ridge Manor Llc Rent/lease | 6/29/24 | $431,856 |
Helping Hand Housing Rent/lease | 6/29/24 | $593,218 |
Jewell Mechanical Services | 6/29/24 | $337,475 |
Rose Of Sharons Senior Villa Rent/lease | 6/29/24 | $347,348 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $517,775 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,488,113 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,005,888 |
| Total Program Service Revenue | $144,100,346 |
| Investment income | $233,921 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $269,953 |
| Net Gain/Loss on Asset Sales | $49,238 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $149,694,623 |
| 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. | $553,344 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $64,979,913 |
| Pension plan accruals and contributions | $920,941 |
| Other employee benefits | $8,468,360 |
| Payroll taxes | $4,769,810 |
| Fees for services: Management | $19,285,679 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $110,776 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,886,178 |
| Advertising and promotion | $54,660 |
| Office expenses | $874,276 |
| Information technology | $1,085,101 |
| Royalties | $0 |
| Occupancy | $4,616,997 |
| Travel | $1,231,207 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $678,579 |
| Interest | $186,049 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $721,110 |
| Insurance | $1,551,907 |
| All other expenses | $722,161 |
| Total functional expenses | $145,786,684 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,985 |
| Savings and temporary cash investments | $16,616,028 |
| Pledges and grants receivable | $5,808,756 |
| Accounts receivable, net | $10,908,285 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $5,941,329 |
| Prepaid expenses and deferred charges | $558,651 |
| Net Land, buildings, and equipment | $18,218,538 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,082,320 |
| Total assets | $61,138,892 |
| Accounts payable and accrued expenses | $10,420,288 |
| Grants payable | $0 |
| Deferred revenue | $5,776,297 |
| 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 | $4,514,310 |
| Total liabilities | $20,710,895 |
| Net assets without donor restrictions | $40,427,997 |
| 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 | $61,138,892 |