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Fountain House Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 131624009 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Fountain House Inc?

Fountain House Inc is a nonprofit organization based in New York City, specifically at 425 West 47th Street. They specialize in providing community-based support services to individuals dealing with mental illness using the "Clubhouse" model. Established by Fountain House, this innovative approach has been adopted by over 300 other organizations worldwide. The organization's 365-day-a-year Clubhouse facility is located in New York City and offers various units, each operated by both members and professional staff. These units include Education, Communications, Culinary, Home and Garden, Welcome Center, Research, Silver Center, and Wellness. Fountain House members are given opportunities to work for private sector employers, and the organization supports approximately 1,500 members annually. An additional Clubhouse facility, Fountain House Bronx, is located at 564 Walton Avenue in the Bronx and provides services to over 200 members each year. Fountain House's mission is to foster a connected and healthy community for those most affected by mental illness.


Official website here: www.fountainhouse.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 100% (Four-Star out of Four Star rating)

Fountain House Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its outstanding performance in accountability and finance. With a perfect score of 100%, the organization demonstrates strong governance practices, including a majority of independent board members and a comprehensive set of policies that ensure ethical operations and transparency.

Key strengths include a high program expense ratio of 72.80%, indicating that a significant portion of its funds is effectively directed towards its mission-driven programs. The charity also showcases rigorous oversight through its Audit and Oversight Committee, which has garnered full points in financial statement evaluations. This level of financial prudence contributes to a low liabilities to assets ratio of 13.23%, suggesting solid financial health.

While the ratings are exceptionally positive, no specific limitations or concerns were noted in the available data. Overall, Fountain House Inc stands out as a reputable nonprofit, committed to maintaining high standards of accountability and impactful service delivery.


This AI summary has been generated from information found on Charity Navigator.

Is Fountain House Inc legitimate?

Fountain House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fountain House 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: $940,495
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,588,912

For more financial information, click here


Official website here: www.fountainhouse.org

What is the mission statement of Fountain House Inc?

Fountain House Inc is dedicated to helping individuals with mental illness lead connected and healthy lives. They achieve this by creating a supportive community and fostering innovation and social change. Using the "Clubhouse" model, Fountain House provides community-based support through various units, each run by both members and professional staff. These units include Education, Communications, Culinary, Home and Garden, Welcome Center, Research, Silver Center, and Wellness. Fountain House members are also offered opportunities to work for private sector employers. The organization supports approximately 1,500 members each year. An additional facility, Fountain House Bronx, provides services to over 200 members.


Official website here: www.fountainhouse.org

Who is the CEO of Fountain House Inc?

Kenneth Zimmerman is the President & Ceo , Thru 12/21 of Fountain House Inc. The CEO's salary of Fountain House Inc is $218,709 and their total compensation is $226,959.


Official website here: www.fountainhouse.org

What is the revenue of Fountain House Inc?

Fountain House Inc's revenue in 2022 was $45,908,012.


Official website here: www.fountainhouse.org

Who are the executives of Fountain House Inc and what are their salaries?

The average compensation at Fountain House Inc during 2022 was $46,653. There are 290 employees and 13 volunteers at Fountain House Inc.


Here are 35 key members and their salaries (Fountain House Inc's CEO's salary is $218,709 and their total compensation is $226,959):


Ashwin Vasan (President & Ceo , Thru 12/21)
  • Compensation: $354,630
  • Related: $0
  • Other: $44,844
Kevin Taylor (Chief Development Officer)
  • Compensation: $220,382
  • Related: $0
  • Other: $23,382
Mary Crowley (Interim Ceo, Eff. 1/22/ Svp)
  • Compensation: $218,709
  • Related: $0
  • Other: $8,250
Andrew D Schonebaum (Cfo/ Secretary, Thru 10/21)
  • Compensation: $196,452
  • Related: $0
  • Other: $28,621
Elizabeth Stubenbord (Director Of Housing)
  • Compensation: $160,791
  • Related: $0
  • Other: $41,397
Eldad A Shepen (Director Of Operations)
  • Compensation: $144,811
  • Related: $0
  • Other: $51,889
Patricia A Lukas (Chief People Officer)
  • Compensation: $184,898
  • Related: $0
  • Other: $291
Josh J Seidman (Chief Of Research)
  • Compensation: $156,295
  • Related: $0
  • Other: $25,929
Christopher Harris (Controller)
  • Compensation: $145,431
  • Related: $0
  • Other: $28,138
Gregory C Baecher (Chair-Elect, Eff. 5/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
William S Hilburn (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexandra A Herzan (Vice Chair, Eff. 10/21/ Dir.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy L Farrell (Vice Chair, Thru 10/21)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles J Marsden (Treasurer, Eff. 10/21/ Dir.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frances G Laserson (Secretary, Eff.10/21/ Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George H Beane (Director, Thru 10/21)
  • Compensation: $0
  • Related: $0
  • Other: $0
Guy De Chazal (Director, Thru 10/21)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meghna Desai (Director, Eff. 10/21)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Fleming (Director, Eff. 5/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carmel W Fromson (Director, Thru 10/21)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Goldstein (Director, Thru 12/21)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas R Insel (Director, Eff. 12/21)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alice Kim (Director, Eff. 10/21)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Landy (Director, Thru 9/21)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Lipton (Director, Thru 10/21)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Mai (Director, Thru 10/21)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Mcdavid (Director, Thru 10/21)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cyrus Napolitano (Director, Thru 10/21)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Owens Md (Director, Thru 10/21)
  • Compensation: $0
  • Related: $0
  • Other: $0
John S Pyne (Director, Thru 10/21)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arlene Lidsky Salomon (Director, Thru 10/21)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen E Shannon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arvind Sooknanan (Director, Eff. 5/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Guy Szeto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reginald D Williams Ii (Director, Eff. 10/21)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fountainhouse.org

Where can I find the form 990 for Fountain House Inc?

Fountain House Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fountainhouse.org

Learn more at the official website: www.fountainhouse.org

Mission Statement of Fountain House Inc

Fountain House Inc, a pioneering organization, is dedicated to creating the community, innovation, and social change necessary for individuals most affected by mental illness to live connected and healthy lives. The mission of Fountain House is to build a supportive environment where these individuals can thrive, utilizing a unique model known as the "Clubhouse" method.

This model, developed by Fountain House and now implemented by over 300 organizations worldwide, offers community-based support services to people living with mental illness. The services are delivered through various units within Fountain House, each run by both members and professional staff. These units include Education, Communications, Culinary, Home and Garden, Welcome Center, Research, Silver Center, and Wellness. Fountain House members are also given opportunities to work for private sector employers, fostering a sense of independence and self-worth.

Fountain House provides support services to approximately 1,500 members each year, making a profound impact on their lives. In addition to its primary facility in New York City, Fountain House operates another Clubhouse facility, called Fountain House Bronx, located in the Bronx. This facility serves over 200 members annually, expanding the reach of Fountain House's life-changing programs. Through its commitment to community, innovation, and social change, Fountain House continues to empower and improve the lives of those impacted by mental illness.

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Impact




October, 2024

Fountain House Inc plays a transformative role in the lives of individuals affected by mental illness, fostering a sense of community and belonging that is essential for recovery and well-being. Operating facilities in both Manhattan and the Bronx, it utilizes a unique "clubhouse" model that empowers its members through collaboration with professional staff across various support units, including education, wellness, and culinary arts. This approach not only helps individuals develop critical skills but also promotes personal growth and social connections.

By providing around-the-clock community-based services, Fountain House ensures that its approximately 1,500 members annually have access to a supportive environment where they can thrive. The organization offers work opportunities with private sector employers, facilitating a pathway toward independence and dignity. Furthermore, the impact of Fountain House resonates beyond its immediate community, inspiring over 300 similar organizations worldwide to adopt its innovative model. This ripple effect amplifies the message of hope and recovery, driving social change for those impacted by mental illness. Through its dedicated efforts, Fountain House Inc is reshaping perceptions of mental health and championing a future where individuals can lead connected, healthy lives.




This information is meant to be a general summary of Fountain House 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.

Revenue
$45,908,012 (2022)
Expenses
$29,939,470 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $851,327
  • Program Service Revenue: $15,252,672
  • Gross Receipts: $55,273,221

Assets and Liabilities:

  • Total Assets: $66,826,675
  • Total Liabilities: $5,954,258
  • Net Assets: $60,872,417

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

GOVERNMENT CONTRACTS

Revenue

$11,811,623

FEES FOR SERVICE

Revenue

$3,441,049

Organization Details

Founding Year

1948

Principal Officer

Kenneth Zimmerman

Main Address

425 WEST 47TH STREET, NEW YORK, NY, 10036

NTEE Category

Code: F330 - Mental health

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