Overview
What is New York Psychoanalytic Support Corporat?
New York Psychoanalytic Support Corporation is a nonprofit organization, primarily dedicated to advancing psychoanalysis. Located in New York City, it leases three floors of its building to the New York Psychoanalytic Society and Institute at an annual rent of one dollar, thereby facilitating the operation of numerous educational programs. The Corporation offers ongoing administrative support, including infrastructure, personnel, payroll, human resources, accounting, and bookkeeping services, to further the programs of the Society and Institute. The Corporation's mission is to support and assist the New York Psychoanalytic Society and Institute, a chartered educational corporation, by acquiring, leasing, or holding real property for their benefit. The Corporation also aims to promote awareness of the programs and services provided by the Society and Institute, and to enter into contracts and agreements in furtherance of these purposes. It currently employs 7 individuals.
Official website here: www.nypsi.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 90% (Four-Star out of Four Star rating)
The New York Psychoanalytic Support Corporation has achieved a commendable Four-Star rating from Charity Navigator, demonstrating strong accountability and financial health. With a score of 90% in Accountability & Finance, the organization showcases its commitment to transparency and effective management of resources, which is crucial for building donor trust.
Strengths highlighted in the evaluation include a fully independent board of directors and a lack of material diversion of assets, which reinforces the integrity of its operations. The organization also adheres to best practices by maintaining policies for conflict of interest and whistleblowing, alongside well-documented board meeting minutes.
While the financial ratios indicate a solid structure with a program expense ratio of 100%, potential donors may want to consider any additional qualitative aspects of the organization’s impact and outreach that are not covered in the financial metrics alone. Overall, it appears to be a responsible nonprofit with a focus on psychoanalytic support.
This AI summary has been generated from information found on Charity Navigator.
Is New York Psychoanalytic Support Corporat legitimate?
New York Psychoanalytic Support Corporat is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York Psychoanalytic Support Corporat 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $226,091
For more financial information, click here
Official website here: www.nypsi.org
What is the mission statement of New York Psychoanalytic Support Corporat?
The New York Psychoanalytic Support Corporation is dedicated to the advancement of psychoanalysis. Its mission is to provide support and assistance to the New York Psychoanalytic Society and Institute, an educational corporation. The corporation aims to acquire, lease, or hold real property for the benefit of the New York Psychoanalytic Society and Institute, promote knowledge and awareness of programs and services provided by them, and enter into contracts and agreements to further these purposes. Additionally, the corporation engages in activities incidental to or in connection with these purposes, such as promoting educational programs and services and entering into partnerships with other organizations for mutual benefit.
Official website here: www.nypsi.org
Who is the CEO of New York Psychoanalytic Support Corporat?
Carlos Almeida Md is the President, Chair of New York Psychoanalytic Support Corporat.
Official website here: www.nypsi.org
What is the revenue of New York Psychoanalytic Support Corporat?
New York Psychoanalytic Support Corporat's revenue in 2022 was $342,183.
Official website here: www.nypsi.org
Who are the executives of New York Psychoanalytic Support Corporat and what are their salaries?
The average compensation at New York Psychoanalytic Support Corporat during 2022 was $32,299. There are 7 employees and 40 volunteers at New York Psychoanalytic Support Corporat.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.nypsi.org
Where can I find the form 990 for New York Psychoanalytic Support Corporat?
New York Psychoanalytic Support Corporat's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nypsi.org
Learn more at the official website: www.nypsi.org
Mission Statement of New York Psychoanalytic Support Corporat
The New York Psychoanalytic Support Corporation, in essence, aims to foster the progression of psychoanalysis. This organization serves a crucial role by offering support and assistance to the New York Psychoanalytic Society and Institute, an educational corporation chartered by the New York State Board of Regents.
One of its primary objectives is to acquire, lease, or hold real property for the benefit of the New York Psychoanalytic Society and Institute. This initiative is designed to provide a suitable environment for the society and institute to carry out their operations effectively.
In addition to this, the New York Psychoanalytic Support Corporation aims to promote awareness and understanding of the programs and services provided by the New York Psychoanalytic Society and Institute. They also engage in various contracts and agreements to further their objectives or incidentally advance them. Furthermore, they strive to disseminate information about the programs and services offered by the New York Psychoanalytic Society and Institute to the public at large.
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Impact
June, 2024
New York Psychoanalytic Support Corporation's impact lies in its unwavering support and assistance to the New York Psychoanalytic Society and Institute. By providing crucial resources such as access to building space, administrative support, infrastructure, personnel, and financial services, the organization has played a vital role in facilitating the operation and advancement of numerous educational programs of the Society and Institute. This support has significantly contributed to promoting knowledge and awareness of the programs and services offered by the New York Psychoanalytic Society and Institute, ultimately furthering the mission of advancing psychoanalysis and mental health education in New York City.
This information is meant to be a general summary of New York Psychoanalytic Support Corporat. 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: $332,968
- Program Service Revenue: $9,182
- Gross Receipts: $931,983
Assets and Liabilities:
- Total Assets: $5,770,000
- Total Liabilities: $1,009,396
- Net Assets: $4,760,604
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Organization Details
Founding Year
1911
Phone
(212) 879-6900Principal Officer
Carlos Almeida Md
Main Address
247 EAST 82ND STREET, NEW YORK, NY, 10028
Website
www.nypsi.orgNTEE Category
Code: F00 - Mental health
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