Overview
What is Spectrum Health Systems Inc?
Spectrum Health Systems Inc, located at 10 Mechanic Street 302 in Worcester, Massachusetts, is a nonprofit organization dedicated to delivering top-tier services for individuals dealing with substance abuse and/or mental health issues. With a team of over 1,600 employees, they serve approximately 6,600 individuals daily across three states. Their mission is to help clients attain sobriety, sustain recovery, and achieve personal goals, enabling them to live healthier, more productive lives. They offer their services within corrections facilities and in the community, providing essential care and support for those in need.
Official website here: www.spectrumhealthsystems.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Spectrum Health Systems Inc has received an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The organization boasts an excellent score in its Accountability & Finance category, indicating transparent practices and effective resource management. With 100% of its board members being independent and a strong financial oversight committee, Spectrum demonstrates robust governance.
The organization excels in program expense allocation, with over 91% of its expenses directed toward program services, ensuring that funds are utilized effectively to support its mission. Additional strengths include a comprehensive conflict of interest policy, a whistleblower policy, and a documented retention and destruction policy, all of which contribute to its ethical standards and operational integrity.
Despite its strengths, the data does not highlight any specific limitations or challenges faced by Spectrum Health Systems Inc. Overall, the organization stands out for its dedication to transparency, effective financial practices, and a focus on delivering impactful programs.
This AI summary has been generated from information found on Charity Navigator.
Is Spectrum Health Systems Inc legitimate?
Spectrum Health Systems Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spectrum Health Systems 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: $3,451,290
Professional Fundraising Fees: $0
Other Salaries and Wages: $53,964,159
For more financial information, click here
Official website here: www.spectrumhealthsystems.org
What is the mission statement of Spectrum Health Systems Inc?
Spectrum Health Systems Inc is dedicated to delivering top-notch services to individuals dealing with substance abuse and mental health concerns. Their mission is to help clients attain sobriety, maintain recovery, and accomplish personal objectives, enabling them to live healthier, more productive lives. The organization offers substance abuse counseling within correctional facilities and in the community, serving over 6,600 individuals daily across three states.
Official website here: www.spectrumhealthsystems.org
Who is the CEO of Spectrum Health Systems Inc?
Kurt Isaacson is the CEO of Spectrum Health Systems Inc The CEO's salary of Spectrum Health Systems Inc is $384,761 and their total compensation is $435,192.
Official website here: www.spectrumhealthsystems.org
What is the revenue of Spectrum Health Systems Inc?
Spectrum Health Systems Inc's revenue in 2024 was $123,600,492.
Official website here: www.spectrumhealthsystems.org
Who are the executives of Spectrum Health Systems Inc and what are their salaries?
The average compensation at Spectrum Health Systems Inc during 2024 was $35,074. There are 1637 employees at Spectrum Health Systems Inc.
Here are 26 key members and their salaries (Spectrum Health Systems Inc's CEO's salary is $384,761 and their total compensation is $435,192):
- Compensation: $384,761
- Related: $0
- Other: $50,431
- Compensation: $233,128
- Related: $0
- Other: $35,357
- Compensation: $320,087
- Related: $0
- Other: $29,681
- Compensation: $237,304
- Related: $0
- Other: $11,390
- Compensation: $184,580
- Related: $0
- Other: $33,191
- Compensation: $185,467
- Related: $0
- Other: $30,785
- Compensation: $165,316
- Related: $0
- Other: $12,488
- Compensation: $178,497
- Related: $0
- Other: $30,971
- Compensation: $151,313
- Related: $0
- Other: $32,629
- Compensation: $345,727
- Related: $0
- Other: $20,219
- Compensation: $314,872
- Related: $0
- Other: $19,085
- Compensation: $303,837
- Related: $0
- Other: $11,109
- Compensation: $225,343
- Related: $0
- Other: $0
- Compensation: $221,058
- Related: $0
- Other: $15,105
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
Official website here: www.spectrumhealthsystems.org
Where can I find the form 990 for Spectrum Health Systems Inc?
Spectrum Health Systems Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.spectrumhealthsystems.org
Learn more at the official website: www.spectrumhealthsystems.org
Mission Statement of Spectrum Health Systems Inc
Spectrum Health Systems Inc, a leading organization, is dedicated to delivering top-tier services to individuals in their quest for treatment related to substance abuse and mental health issues. By offering assistance in achieving sobriety, sustaining recovery, and fulfilling personal goals, Spectrum Health Systems aims to empower clients to lead healthier, more productive lives.
The mission of Spectrum Health Systems is multifaceted. It encompasses providing the highest quality services to individuals requiring help with substance abuse and mental health concerns. The ultimate objective is to enable these individuals to break free from their struggles and restore balance and well-being in their lives. The organization's commitment extends beyond just treatment, as it aims to be a vital support system that provides clients the tools and guidance they need to sustain their recovery and work towards personal growth.
Spectrum Health Systems is a prominent player in the corrections sector. It offers substance abuse counseling within correctional facilities and to parolees in the community. The organization serves approximately 6,600 individuals daily across three states. By providing this essential service, Spectrum Health Systems plays a crucial role in the rehabilitation process of individuals with substance abuse issues within the criminal justice system. This work contributes significantly to reducing recidivism rates and improving public safety.
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Impact
October, 2024
Spectrum Health Systems Inc has a profound impact on individuals seeking treatment for substance abuse and mental health issues. By providing high-quality services, the organization assists clients in achieving sobriety and sustaining recovery, ultimately helping them reach their personal goals.
The services extend to correctional facilities, offering substance abuse counseling to individuals within these environments as well as to parolees re-entering the community. This holistic approach supports nearly 6,600 individuals daily across three states, demonstrating a significant commitment to improving the lives of those affected by addiction and mental health challenges.
Through dedicated and compassionate care, Spectrum Health Systems Inc empowers clients to lead healthier, more productive lives, fostering resilience and recovery in the face of adversity.
This information is meant to be a general summary of Spectrum Health Systems 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 2024.
- Investment Income: $2,834,389
- Program Service Revenue: $121,246,486
- Gross Receipts: $144,020,593
Assets and Liabilities:
- Total Assets: $99,799,670
- Total Liabilities: $12,817,006
- Net Assets: $86,982,664
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT REVENUE
Revenue
$121,246,486
Organization Details
Founding Year
1971
Phone
(508) 792-5400Principal Officer
Kurt Isaacson
Main Address
149 OAK STREET, WESTBOROUGH, MA, 01581
NTEE Category
Code: F30 - Mental health
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