Overview
What is The Lakes Region Mental Health Center Inc?
The Lakes Region Mental Health Center Inc, located at 40 Beacon Street East, Laconia, New Hampshire, is a nonprofit organization dedicated to delivering mental health services for children, adolescents, and their families. With a workforce of 244 employees, they offer a comprehensive range of outpatient mental health services, including psychiatric evaluations, psychological testing, medication management, individual, group, and family therapy. Their mission is to provide integrated mental and physical healthcare for people dealing with mental illness while fostering wellness and understanding within the community. They offer office-based, home-based, and community-based care, ensuring accessibility and convenience for those in need.
Official website here: www.lrmhc.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 98%, Four-Star out of Four Star rating.
The Lakes Region Mental Health Center Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a strong level of accountability and financial health. With a perfect score of 100 in Accountability & Finance, the organization demonstrates excellent governance practices, including a fully independent board and robust financial oversight. Additionally, its high program expense ratio of 88.56% indicates that a significant portion of its resources is directed towards its mission-related activities.
In terms of Culture & Community, the organization scored 87, reflecting a strong commitment to engaging with constituents and incorporating their feedback into operations. The organization has shown exceptional performance in feedback collection and utilization, achieving perfect scores in these areas. This underscores a proactive approach to addressing community needs and adjusting services accordingly.
However, there are some noted limitations in the area of equity strategies, where the organization scored 81 out of 100. While it has established some equity policies and processes, the data suggests there may still be opportunities for improvement in this area. Overall, the Lakes Region Mental Health Center Inc stands out as a highly effective nonprofit committed to mental health services while maintaining strong financial integrity and community engagement.
This AI summary has been generated from information found on Charity Navigator.
Is The Lakes Region Mental Health Center Inc legitimate?
The Lakes Region Mental Health Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Lakes Region Mental Health Center Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $725,586
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,661,173
For more financial information, click here
Official website here: www.lrmhc.org
What is the mission statement of The Lakes Region Mental Health Center Inc?
The Lakes Region Mental Health Center Inc strives to deliver integrated mental and physical health care to individuals grappling with mental illness. Their ultimate goal is to foster wellness and understanding within the communities they serve. Through various services, they cater to the needs of children and adolescents, as well as their families. These services encompass office-based, home-based, and community-based care, ensuring a comprehensive array of solutions. Their offerings include psychiatric evaluations, psychological testing, medication management, individual, group, and family therapy.
Official website here: www.lrmhc.org
Who is the CEO of The Lakes Region Mental Health Center Inc?
Margaret Pritchard is the Medical Dire of The Lakes Region Mental Health Center Inc.
Official website here: www.lrmhc.org
What is the revenue of The Lakes Region Mental Health Center Inc?
The Lakes Region Mental Health Center Inc's revenue in 2023 was $16,855,751.
Official website here: www.lrmhc.org
Who are the executives of The Lakes Region Mental Health Center Inc and what are their salaries?
The average compensation at The Lakes Region Mental Health Center Inc during 2023 was $42,569. There are 244 employees at The Lakes Region Mental Health Center Inc.
Here are 19 key members and their salaries:
- Compensation: $324,241
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- Other: $25,127
- Compensation: $284,917
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- Other: $9,051
- Compensation: $206,718
- Related: $0
- Other: $25,127
- Compensation: $146,623
- Related: $0
- Other: $18,737
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Official website here: www.lrmhc.org
Where can I find the form 990 for The Lakes Region Mental Health Center Inc?
The Lakes Region Mental Health Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lrmhc.org
Learn more at the official website: www.lrmhc.org
Mission Statement of The Lakes Region Mental Health Center Inc
The Lakes Region Mental Health Center, a dedicated nonprofit organization, is committed to delivering integrated mental and physical health care for individuals grappling with mental illness. Through its mission, the Center aims to foster wellness and understanding in communities.
Specifically, the Center offers a range of outpatient mental health services tailored to children, adolescents, and their families. These services encompass a comprehensive array of treatments, including psychiatric evaluations, psychological testing, medication management, individual, group, and family therapy. By providing these services, the Center strives to support the emotional and mental well-being of those it serves, ensuring they receive the care and attention they need to overcome the challenges of mental illness.
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Impact
October, 2024
The Lakes Region Mental Health Center Inc significantly impacts individuals and families by offering integrated mental and physical health care tailored for those experiencing mental illness. Their mission focuses on fostering wellness and understanding within the community, addressing a critical need for comprehensive mental health services.
The Center provides outpatient mental health services specifically designed for children and adolescents, ensuring that young individuals and their families receive support in a variety of settings, including office-based, home-based, and community environments. Through a broad range of offerings—such as psychiatric evaluations, psychological testing, medication management, and various therapy options (individual, group, and family)—they create a holistic approach to mental health care.
By prioritizing accessibility and inclusivity in their services, The Lakes Region Mental Health Center not only addresses the immediate mental health needs of individuals but also plays a pivotal role in enhancing overall community wellness and understanding of mental health issues. Their work not only aids in the recovery and stability of those they serve but also nurtures a more supportive and informed community environment.
This information is meant to be a general summary of The Lakes Region Mental Health Center Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $160,605
- Program Service Revenue: $13,786,939
- Gross Receipts: $16,984,135
Assets and Liabilities:
- Total Assets: $15,992,368
- Total Liabilities: $5,927,301
- Net Assets: $10,065,067
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICAID
Revenue
$11,037,621
SERVICE
Revenue
$1,040,032
OTHER INSURANCE
Revenue
$549,110
MEDICARE
Revenue
$517,470
BLUE CROSS/BLUE SHIELD
Revenue
$356,990
Organization Details
Founding Year
1966
Phone
(603) 524-1100Principal Officer
Margaret Pritchard
Main Address
40 BEACON STREET EAST, LACONIA, NH, 03246
Website
www.lrmhc.orgNTEE Category
Code: F31Z - Mental health
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