Overview
What is Wellmore Inc?
Wellmore Inc, also known as Wellmore Behavioral Health, is a Connecticut-based nonprofit organization located at 141 E Main Street, Waterbury, with a team of 342 employees. Their mission is to promote lifetime wellness by delivering essential and innovative treatment and support, enabling individuals to lead healthy and fulfilling lives. Wellmore specializes in intensive in-home services, utilizing various therapeutic models such as Functional Family Therapy, Child First, Community Support for Families, Parents as Teachers, Intimate Partner Violence Program, and Multisystemic Therapy - Building Stronger Families. Their collaboration with Yale University's Child Study Center enhances their ability to prevent children and adolescents from psychiatric hospitalization or institutionalization. By offering support to those transitioning from higher-level settings, they create a nurturing environment for overall wellbeing.
Official website here: www.wellmore.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 96%, Four-Star out of Four Star rating.
Wellmore Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The organization's overall score is solely based on its impressive performance in financial management, indicating a high level of operational integrity and transparency.
One of the notable strengths of Wellmore Inc is its governance structure, with a fully independent board consisting of 12 members. This independence, combined with comprehensive oversight measures such as an Audit and Oversight Committee and listed policies for conflict of interest and whistleblowing, underscores the organization's dedication to ethical practices. Furthermore, its program expense ratio of 86.63% showcases effective allocation of resources towards its mission.
Overall, Wellmore Inc demonstrates robust financial health as evidenced by a liabilities to assets ratio of 45.25%, indicating prudent financial management. However, while the organization excels in governance and financial accountability, details about its specific programs and impact could provide a more holistic view of its effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Wellmore Inc legitimate?
Wellmore Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wellmore 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: $832,130
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,002,292
For more financial information, click here
Official website here: www.wellmore.org
What is the mission statement of Wellmore Inc?
Wellmore Inc is dedicated to promoting lifetime wellness for individuals by providing essential and innovative treatment and support. Through various therapeutic models such as Functional Family Therapy, Child First, Community Support for Families, Parents as Teachers, Intimate Partner Violence Program, and Multisystemic Therapy - Building Stronger Families, Wellmore aims to empower people to lead healthy and fulfilling lives. Their Intensive In-Home Services collaborate with Yale University's Child Study Center to help prevent psychiatric hospitalization or institutionalization of children and adolescents. They also support youth and families coming out of higher-level settings.
Official website here: www.wellmore.org
Who is the CEO of Wellmore Inc?
Gary Steck is the President of Wellmore Inc. The CEO's salary of Wellmore Inc is $211,032 and their total compensation is $236,582.
Official website here: www.wellmore.org
What is the revenue of Wellmore Inc?
Wellmore Inc's revenue in 2022 was $17,839,161.
Official website here: www.wellmore.org
Who are the executives of Wellmore Inc and what are their salaries?
The average compensation at Wellmore Inc during 2022 was $31,680. There are 342 employees and 34 volunteers at Wellmore Inc.
Here are 24 key members and their salaries (Wellmore Inc's CEO's salary is $211,032 and their total compensation is $236,582):
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Official website here: www.wellmore.org
Where can I find the form 990 for Wellmore Inc?
Wellmore Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wellmore.org
Learn more at the official website: www.wellmore.org
Mission Statement of Wellmore Inc
Wellmore Inc, a leading organization in promoting lifetime wellness, achieves this mission through essential and innovative treatment and support. Wellmore's primary objective is to empower individuals to lead healthy and fulfilling lives. This is accomplished through a range of intensive in-home services.
Wellmore's therapeutic models include Functional Family Therapy (FFT), Child First, Community Support for Families (CSF), Parents as Teachers (PAT), Intimate Partner Violence Program (IPV), and the Multisystemic Therapy (MST) - Building Stronger Families (BSF) program. The Functional Family Therapy model focuses on strengthening family relationships and improving communication skills. Child First prioritizes early intervention for children who have experienced traumatic events, ensuring they receive necessary support. Community Support for Families offers resources and assistance to families in need. Parents as Teachers provides education and resources for parents to enhance their parenting skills. The Intimate Partner Violence Program offers specialized care and intervention for victims of domestic violence. Lastly, the Multisystemic Therapy - Building Stronger Families program collaborates with Yale University's Child Study Center to prevent psychiatric hospitalization or institutionalization for children and adolescents, while also supporting families in need following these higher-level settings.
Wellmore's comprehensive approach fosters stronger families, creating a lasting impact on the lives of individuals and their communities. Their essential and innovative treatments and support empower individuals to lead healthy and fulfilling lives, breaking the cycle of adversity and promoting overall wellness.
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Impact
August, 2024
Wellmore Inc's impact is significant in promoting lifetime wellness through essential and innovative treatment and support. They empower individuals to lead healthy and fulfilling lives by offering intensive in-home services using various therapeutic models like Functional Family Therapy (FFT), Child First, Community Support for Families (CSF), Parents as Teachers (PAT), Intimate Partner Violence Program (IPV), and Multisystemic Therapy (MST) - Building Stronger Families (BSF). Their programs, including the IICAPS program in collaboration with Yale University's Child Study Center, aim to prevent children and adolescents from psychiatric hospitalization or institutionalization while supporting youth and families transitioning out of these settings. Wellmore's commitment to mental health and wellness is evident in their mission to provide essential and innovative treatments that have a lasting impact on individuals and families in need.
This information is meant to be a general summary of Wellmore 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 2022.
- Investment Income: $96,681
- Program Service Revenue: $5,028,735
- Gross Receipts: $18,845,451
Assets and Liabilities:
- Total Assets: $12,187,353
- Total Liabilities: $4,055,349
- Net Assets: $8,132,004
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PSYCHIATRIC SERVICES
Revenue
$5,028,735
Organization Details
Founding Year
1951
Phone
(203) 574-9000Principal Officer
Gary Steck
Main Address
141 E MAIN STREET, WATERBURY, CT, 06702
Website
www.wellmore.orgNTEE Category
Code: F32Z - Mental health
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