Overview
What is Putnam Family & Community Services Inc?
Putnam Family & Community Services Inc, also known as COVECARE Center, is a nonprofit organization based in Carmel, New York. Their primary mission is to collaborate with individuals, families, and the community to foster hope, wellness, and recovery, and to enhance the quality of life by addressing mental health needs, substance use, and social and emotional issues. They offer comprehensive personalized recovery-oriented services, including their PROS program and care management programs, which provide rehabilitation opportunities for adults and children living with serious mental health concerns or co-occurring mental health/substance use issues. The PROS program aims to help individuals recover from the disabling effects of mental illness. The organization also runs several small programs that offer screening, support, and advocacy to individuals and families in the community. Rooted in the principles of psychiatric rehabilitation, they believe in empowering individuals to determine their own treatment based on their interests, strengths, and individual goals. Their services provide rehabilitation options and supportive services that help participants realize their potential and lead satisfying, productive, and independent lives.
Official website here: www.covecarecenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Putnam Family & Community Services Inc has earned a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The organization scored an impressive 81% based on criteria that emphasize financial transparency and governance. This indicates that donors can expect a responsible handling of funds and a commitment to ethical practices.
The charity boasts a fully independent board with 100% of its members meeting this standard, which is a positive sign of effective governance. Additionally, the organization has demonstrated strong financial oversight, with no material diversion of assets reported and comprehensive policies in place concerning conflicts of interest, whistleblower protections, and document retention. The significant allocation of 86.60% of expenses towards programs suggests that the organization prioritizes its mission-driven work.
However, while the organization has strong financial ratios, there is a noted concern regarding its liabilities to assets ratio, which earned no points. This aspect may require further attention to ensure long-term sustainability. Overall, Putnam Family & Community Services Inc presents itself as a trustworthy option for donors looking to support community-focused initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Putnam Family & Community Services Inc legitimate?
Putnam Family & Community Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Putnam Family & Community Services 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: $545,419
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,154,334
For more financial information, click here
Official website here: www.covecarecenter.org
What is the mission statement of Putnam Family & Community Services Inc?
Putnam Family & Community Services Inc is dedicated to partnering with individuals, families, and the community to foster hope, wellness, and recovery. Their mission is to address mental health needs, substance use, and social and emotional issues, with the ultimate goal of restoring quality of life. They offer a range of programs and services that provide opportunities for rehabilitation and recovery, including their Comprehensive Personalized Recovery Oriented Services (PROS) Program and Care Management Programs. The PROS Program assists individuals in recovering from the disabling effects of mental illness. Rooted in the principles of psychiatric rehabilitation, each program offers rehabilitation options and supportive services that help participants realize their potential and lead satisfying, productive, and independent lives.
Official website here: www.covecarecenter.org
Who is the CEO of Putnam Family & Community Services Inc?
Eric A Toth is the Chairperson of Putnam Family & Community Services Inc. The CEO's salary of Putnam Family & Community Services Inc is $163,379 and their total compensation is $181,586.
Official website here: www.covecarecenter.org
What is the revenue of Putnam Family & Community Services Inc?
Putnam Family & Community Services Inc's revenue in 2022 was $7,154,723.
Official website here: www.covecarecenter.org
Who are the executives of Putnam Family & Community Services Inc and what are their salaries?
The average compensation at Putnam Family & Community Services Inc during 2022 was $40,169. There are 117 employees and 3 volunteers at Putnam Family & Community Services Inc.
Here are 22 key members and their salaries (Putnam Family & Community Services Inc's CEO's salary is $163,379 and their total compensation is $181,586):
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Official website here: www.covecarecenter.org
Where can I find the form 990 for Putnam Family & Community Services Inc?
Putnam Family & Community Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.covecarecenter.org
Learn more at the official website: www.covecarecenter.org
Mission Statement of Putnam Family & Community Services Inc
Putnam Family & Community Services Inc is an organization dedicated to partnering with individuals, families, and the community to foster hope, wellness, and recovery, and to restore quality of life by addressing mental health needs, substance use, and social and emotional issues.
The mission of Putnam Family & Community Services Inc is to provide comprehensive personalized recovery-oriented services for adults and children who live with serious mental health concerns or co-occurring mental health/substance use concerns. Through their Community-Based/Rehabilitation Services, they offer their PROS (Comprehensive Personalized Recovery Oriented Services) program and Care Management programs, which provide opportunities for rehabilitation and recovery. The PROS program assists individuals in recovering from the disabling effects of mental illness.
Additionally, Putnam Family & Community Services Inc runs a variety of small programs that provide screening, support, and advocacy to individuals and families in the community. Each program is rooted in the principles of psychiatric rehabilitation, which believes that all individuals have the right to determine their own treatment based on their interests, strengths, and individual goals. Each program offers rehabilitation options and supportive services that help participants realize their potential and lead satisfying, productive, and independent lives. The services are designed with the belief that every individual deserves a chance to live a fulfilling life, free from the constraints of mental illness and substance use.
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Impact
June, 2024
Putnam Family & Community Services Inc partners with individuals, families, and the community to foster hope, wellness, and recovery. By addressing mental health needs, substance use concerns, and social and emotional issues, this organization plays a crucial role in restoring quality of life for those it serves. Through their community-based rehabilitation services, such as the Personalized Recovery Oriented Services (PROS) program and care management programs, they provide opportunities for rehabilitation and recovery for adults and children living with serious mental health concerns or co-occurring mental health/substance use challenges.
Their programs, rooted in the principles of psychiatric rehabilitation, emphasize the rights of individuals to determine their own treatment based on their interests, strengths, and personal goals. By offering rehabilitation options and supportive services that help participants realize their potential and lead satisfying, productive, and independent lives, Putnam Family & Community Services Inc has a tangible impact on the well-being and resilience of the community.
This information is meant to be a general summary of Putnam Family & Community Services 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: $28,225
- Program Service Revenue: $3,594,018
- Gross Receipts: $7,209,709
Assets and Liabilities:
- Total Assets: $1,499,051
- Total Liabilities: $1,428,820
- Net Assets: $70,231
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICAID INCOME
Revenue
$2,993,284
INSURANCE INCOME
Revenue
$298,031
PATIENT FEE INCOME
Revenue
$175,543
MEDICARE INCOME
Revenue
$127,160
Organization Details
Founding Year
1997
Phone
(845) 225-2700Principal Officer
Eric A Toth
Main Address
1808 ROUTE 6, CARMEL, NY, 10512
Website
www.covecarecenter.orgNTEE Category
Code: F30 - Mental health
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