Vantage Health System Inc
- Assets
- $11.4m
- Revenue
- $9.7m
- Investments
- $0.0
- Employees
- 129
- Location
- Dumont, NJ
- Founding
- 11/1958
- Data as of
- 06/2022
- EIN
- 22-1726712
Organization Overview
Vantage Health System Inc is located in Dumont, NJ. The organization was established in 1958. 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 06/2022, Vantage Health System Inc employed 129 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vantage Health System 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, Vantage Health System Inc generated $9.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $8.8m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE THOSE WE SERVE OPPORTUNITIES FOR WELLNESS THROUGH INTEGRATED MENTAL AND PHYSICAL HEALTHCARE, SUPPORT SERVICES AND AFFORDABLE HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUTPATIENT SERVICES ARE DESIGNED TO MEET THE NEEDS OF INDIVIDUALS WHO PRESENT DISTRESS WITH MENTAL HEALTH OR SUBSTANCE ABUSE CHALLENGES AND CAN USE PSYCHOTHERAPEUTIC INTERVENTIONS OR PSYCHIATRIC MEDICATIONS IN A COMMUNITY BASED LEAST RESTRICTIVE SETTING. THE SERVICES ARE PROVIDED BY BOARD CERTIFIED PSYCHIATRISTS, ADVANCE PRACTICE NURSES, LICENSE CLINICAL SOCIAL WORKERS, LICENSE SOCIAL WORKERS, LICENSED PROFESSIONAL COUNSELORS OR LICENSED CERTIFIED ALCOHOL AND DRUG COUNSELORS IN INDIVIDUAL OR GROUP SESSIONS. THE GOAL IS TO ENABLE THE CHILD, ADOLESCENT OR ADULT TO RELIVE HIS/HER DISTRESS AND FUNCTION INDEPENDENTLY OF THERAPEUTIC SUPPORT. THE PROGRAM SERVES OVER 3,000 INDIVIUDALS A YEAR IN TWO OUTPATIENT LOCATIONS.
RESIDENTIAL SERVICES ARE DESIGNED TO PROVIDE SAFE, QUALITY CARE IN A RESIDENTIAL PROGRAM AS AN ALTERNATIVE TO PSYCHIATRIC HOSPITALIZATION FOR SERIOUSLY MENTALLY ILL ADULTS. RESIDENTIAL CARE IS PROVIDED BY VANTAGE IN LONG TERM, TRANSITIONAL AND SUPPORTIVE HOUSING SITUATIONS BY LICENSED CLINICAL SOCIAL WORKERS, REGISTERED NURSES AND REGISTERED COUNSELORS. VANTAGE OWNS AND OPERATES 17 RESIDENTIAL PROPERTIES HOUSING 68 ADULTS WITH SERIOUS MENTAL ILLNESS AND PROVIDES IN HOME OUTREACH SERVICES TO AN ADDITIONAL 90 INDIVIDUALS.
PARTIAL CARE SERVICES IS A COMPREHENSIVE, NON-RESIDENTIAL, STRUCTURED MENTAL HEALTH PROGRAM DESIGNED TO MAXIMIZE THE CLIENT'S INDEPENDENCE AND COMMUNITY LIVING SKILLS. THE PARTIAL CARE PROGRAM SERVES A DESIGNATED TARGET POPULATION COMPRISED OF PERSONS WITH A SERIOUS MENTAL ILLNESS EXPERIENCING SIGNIFICANT FUNCTIONAL LIMITATIONS. CLIENTS MAY HAVE A HISTORY OF PSYCHIATRIC HOSPITALIZATION, ARE AT RISK OF PSYCHIATRIC HOSPITALIZATION, OR REQUIRE A TRANSITIONAL SETTING FOR CONTINUED TREATMENT AFTER PSYCHIATRIC HOSPITALIZATION. THE PROGRAM PROVIDES A RANGE OF SERVICES NECESSARY TO MEET THE NEEDS OF INDIVIDUAL CLIENTS. PROGRAM ACTIVITIES AND SERVICES ARE AVAILABLE ON A FULL DAY BASIS, FIVE DAYS PER WEEK (MONDAY-FRIDAY). THE PROGRAM SEEKS TO IDENTIFY THE HOLISTIC NEEDS OF THE INDIVIDUAL AND TO PROVIDE OR ARRANGE FOR THEIR NEEDED SERVICES. THIS PROGRAM SERVES OVER 100 ADULTS WITH SERIOUS MENTAL ILLNESS A YEAR.
OTHER PROGRAMS INCLUDE DACCKS AND OPENING DOORS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David J Griffith President & CEO | Officer | 35 | $236,232 |
Stephanie Barnes Psychiatrist Doctor | 32 | $197,108 | |
Tulika Srivastava Psychiatrist Doctor | 28 | $180,007 | |
Teresa Mcmahon Vice President | Officer | 35 | $159,742 |
Robert Jones CFO | Officer | 35 | $159,250 |
William Aloia Controller | 35 | $106,863 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,453,248 |
| All other contributions, gifts, grants, and similar amounts not included above | $138,235 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,591,483 |
| Total Program Service Revenue | $6,024,055 |
| Investment income | $16,024 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $2,258 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,650,801 |
| 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. | $395,482 |
| Compensation of current officers, directors, key employees. | $395,482 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,127,557 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $896,259 |
| Payroll taxes | $331,529 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,803 |
| Fees for services: Accounting | $48,243 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $354,863 |
| Advertising and promotion | $0 |
| Office expenses | $420,254 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $726,340 |
| Travel | $80,228 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,916 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $262,361 |
| Insurance | $274,877 |
| All other expenses | $893,157 |
| Total functional expenses | $8,834,869 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,800,014 |
| Savings and temporary cash investments | $1,118,179 |
| Pledges and grants receivable | $455,346 |
| Accounts receivable, net | $501,797 |
| 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 | $197,403 |
| Net Land, buildings, and equipment | $3,845,814 |
| Investments—publicly traded securities | $174,028 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $268,548 |
| Total assets | $11,361,129 |
| Accounts payable and accrued expenses | $836,038 |
| Grants payable | $0 |
| Deferred revenue | $79,012 |
| 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 | $2,949,785 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $96,478 |
| Total liabilities | $3,961,313 |
| Net assets without donor restrictions | $7,399,816 |
| 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 | $11,361,129 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Vantage Health System Inc has recieved totaling $58,513.
| Awarding Organization | Amount |
|---|---|
C-T W L P Schenck Charitable Pittsburgh, PA PURPOSE: GENERAL SUPPORT | $50,000 |
Malvern Federal Charitable Foundation Paoli, PA PURPOSE: GENERAL PROGRAM SUPPORT | $5,000 |
Shapiro Fam Foundation Tenafly, NJ PURPOSE: GENERAL | $3,000 |
Columbia Bank Foundation Fair Lawn, NJ PURPOSE: CHARITABLE GIVING | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $13 |
Endowment Analysis
| Beg. Balance | $4,087,381 |
| Earnings | $4,350 |
| Net Contributions | $131,035 |
| Ending Balance | $4,222,766 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
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 |
Delaware Guidance Services For Children And Youth Inc Wilmington, DE | $9,388,357 | $12,986,502 |
Association For Mentally Ill Children Of Westchester Inc Briarcliff Manor, NY | $5,060,991 | $12,202,975 |
Metropolitan Center For Mental Health Inc New York, NY | $27,087,131 | $12,006,470 |
Central Behavioral Health Norristown, PA | $11,426,382 | $12,826,459 |