Fund For The Advancement Of Mental Health Inc
- Assets
- $1.8m
- Revenue
- $349.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Staten Island, NY
- Founding
- 01/1960
- Data as of
- 12/2021
- EIN
- 13-6161245
Organization Overview
Fund For The Advancement Of Mental Health Inc is located in Staten Island, NY. The organization was established in 1960. According to its NTEE Classification (F80) the organization is classified as: Mental Health 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. Fund For The Advancement Of Mental Health 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, Fund For The Advancement Of Mental Health Inc generated $349.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $180.4k during the year ending 12/2021. 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
THE FUND FOR THE ADVANCEMENT OF MENTAL HEALTH, INC. WAS FORMED TO PROMOTE THE ADVANCEMENT OF KNOWLEDGE AND THE UNDERSTANDING OF MENTAL HEALTH BY PROVIDING FUNDS AND FACILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE THE ADVANCEMENT OF KNOWLEDGE AND THE UNDERSTANDING OF MENTAL HEALTH BY PROVIDING FUNDS AND FACILITIES. SEE RENTAL EXPENSE LISTED ON PG. 9,PART VIII, LINE 6B.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carmella Brandofino Treasurer | OfficerTrustee | 1 | $0 |
Robert Helbock President | OfficerTrustee | 1 | $0 |
Elaine Lanham Vice President & Sec | OfficerTrustee | 1 | $0 |
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 | $0 |
| Investment income | $488 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $322,398 |
| 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 | $349,714 |
| 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 | $12,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,230 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $108,638 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $50,976 |
| All other expenses | $602 |
| Total functional expenses | $180,446 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $648,704 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $125,176 |
| 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 | $6,672 |
| Net Land, buildings, and equipment | $1,023,676 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,065 |
| Total assets | $1,805,293 |
| Accounts payable and accrued expenses | $11,854 |
| 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 | $1,391,726 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | -$24,019 |
| Total liabilities | $1,379,561 |
| Net assets without donor restrictions | $425,732 |
| 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 | $1,805,293 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bridgewell Incorporated Peabody, MA | $42,302,798 | $78,151,123 |
North Suffolk Mental Health Association Inc Chelsea, MA | $31,605,029 | $57,775,384 |
Clinical & Support Options Inc Northampton, MA | $31,205,983 | $46,141,493 |
Rutland Mental Health Service Inc Rutland, VT | $13,045,812 | $31,690,028 |
Penn Foundation Inc Sellersville, PA | $26,556,017 | $31,596,468 |
Brien Center For Mental Health & Subtance Abuse Services Pittsfield, MA | $15,478,255 | $32,176,253 |
The Arc Of Lehigh And Northampton Counties Inc Bethlehem, PA | $12,174,366 | $20,633,866 |
Hudson Valley Care Coalition Inc Ossining, NY | $8,257,672 | $18,427,585 |
Association For Mental Health And Wellness Inc Ronkonkoma, NY | $16,761,391 | $15,531,532 |
Mental Health Connecticut Inc Farmington, CT | $4,818,185 | $15,095,005 |
Mental Health Association Of Essex And Morris Inc Montclair, NJ | $16,838,687 | $15,472,630 |
Mental Health America Of Dutchess County Inc Poughkeepsie, NY | $13,584,536 | $16,174,948 |