Advanced Center For Psychotherapy Inc
- Assets
- $1.0m
- Revenue
- $6.4m
- Investments
- $0.0
- Employees
- 40
- Location
- Jamaica, NY
- Founding
- 05/1962
- Data as of
- 12/2021
- EIN
- 11-1864871
Organization Overview
Advanced Center For Psychotherapy Inc is located in Jamaica, NY. The organization was established in 1962. According to its NTEE Classification (F32) the organization is classified as: Community Mental Health Centers, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2021, Advanced Center For Psychotherapy Inc employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Advanced Center For Psychotherapy 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 12/2021, Advanced Center For Psychotherapy Inc generated $6.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $7.3m during the year ending 12/2021. While expenses have increased by 3.1% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE LOW COST PSYCHIATRIC COUNSELING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PSYCHIATRIC SERVICES - OUTPATIENT CLINIC. AVERAGE OF 5,495 SESSIONS PER MONTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Maffia Vice President | OfficerTrustee | 1 | $0 |
Mounir F Doss Secretary | OfficerTrustee | 2.5 | $0 |
Manzar Sassani Treasurer | OfficerTrustee | 1 | $0 |
Daniel Chen MD President | Officer | 1 | $0 |
William Lynch Member | Trustee | 1 | $0 |
Dinshaw Bamji MD Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Medisys Management Llc Management Services | 12/30/14 | $222,000 |
Jamaica Psychiatric Services Pc Psychiatric Services | 12/30/14 | $1,793,000 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $6,387,466 |
| Investment income | $0 |
| 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 | $6,387,466 |
| 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 | $2,104,424 |
| Pension plan accruals and contributions | $160,149 |
| Other employee benefits | $1,189,199 |
| Payroll taxes | $185,710 |
| Fees for services: Management | $590,458 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,301 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,587,128 |
| Advertising and promotion | $0 |
| Office expenses | $37,833 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $92,812 |
| 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 | $51,092 |
| Insurance | $1,390 |
| All other expenses | $0 |
| Total functional expenses | $7,291,806 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,425 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $866,921 |
| 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 | $19,923 |
| Net Land, buildings, and equipment | $84,243 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $25,810 |
| Total assets | $1,037,322 |
| Accounts payable and accrued expenses | $969,669 |
| 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 | $4,485,473 |
| Total liabilities | $5,455,142 |
| Net assets without donor restrictions | -$4,417,820 |
| 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 | $1,037,322 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
River Valley Counseling Center Inc Holyoke, MA | $5,921,638 | $20,559,237 |
Wellmore Inc Waterbury, CT | $11,731,796 | $20,662,819 |
Charles Evans Center Inc Bethpage, NY | $15,453,221 | $18,196,827 |
Margaret Anna Cusack Care Center Inc Jersey City, NJ | $25,238,003 | $15,688,038 |
Bridges Healthcare Inc Milford, CT | $8,224,172 | $17,180,375 |
Northeast Counseling Services Hazleton, PA | $12,696,249 | $17,284,801 |
Chestnut Ridge Counsel Services Inc Uniontown, PA | $5,705,508 | $15,381,622 |
Mental Health Providers Of Western Queens Inc Woodside, NY | $25,882,002 | $13,371,999 |
Turtle Creek Valley Mental Health Mental Retardation Inc Braddock, PA | $9,393,923 | $14,800,596 |
Achievement Center Inc Erie, PA | $8,344,202 | $14,603,406 |
The Guidance Center Bradford, PA | $8,628,068 | $12,581,809 |
Association For Mentally Ill Children Of Westchester Inc Briarcliff Manor, NY | $5,060,991 | $12,202,975 |