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National Institute For The Psychotherapies Training Institute

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

EIN: 132764717 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is National Institute For The Psychotherapies Training Institute?

The National Institute For The Psychotherapies Training Institute, situated in New York City, is a nonprofit organization dedicated to serving the community and mental health professionals. With a staff of 15, they offer post-graduate psychoanalytic training to mental health practitioners and provide low-cost psychotherapy services to the public. Their mission encompasses the provision of psychoanalytical training and clinical services aimed at enhancing the mental well-being of individuals within their community.


Official website here: www.nipinst.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

The National Institute For The Psychotherapies Training Institute has received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 62%. This rating indicates that there are significant areas for improvement, particularly in accountability and financial practices. While the organization demonstrates strong fiscal management concerning program expenses, concerns are raised regarding its lack of independent board members and the absence of a whistleblower policy.

Strengths of the organization include a solid program expense ratio of 80.84%, which reflects a commitment to using funds effectively for its programs. Additionally, it has scored well on financial oversight, showing no issues with asset diversion and maintaining proper financial statements. However, the absence of an independent board and a whistleblower policy raises questions about governance and transparency.

Users and reviewers may appreciate the organization's dedication to financial integrity, but they may also express concerns about the lack of independent oversight and the need for better governance practices. Overall, the organization should focus on addressing these weaknesses to improve its rating and public trust.


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

Is National Institute For The Psychotherapies Training Institute legitimate?

National Institute For The Psychotherapies Training Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Institute For The Psychotherapies Training Institute 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: $180,248
Professional Fundraising Fees: $0
Other Salaries and Wages: $653,090

For more financial information, click here


Official website here: www.nipinst.org

What is the mission statement of National Institute For The Psychotherapies Training Institute?

The National Institute For The Psychotherapies Training Institute is dedicated to offering psychotherapy clinical services to the public, focusing on providing affordable treatment. Its mission also extends to post-graduate psychoanalytic training for mental health professionals, aiming to improve their skills and knowledge in the field. In essence, the institute strives to enhance mental health care accessibility and advance the education of mental health professionals.


Official website here: www.nipinst.org

Who is the CEO of National Institute For The Psychotherapies Training Institute?

Corby Serrano is the Executive Director of National Institute For The Psychotherapies Training Institute.


Official website here: www.nipinst.org

What is the revenue of National Institute For The Psychotherapies Training Institute?

National Institute For The Psychotherapies Training Institute's revenue in 2022 was $2,892,583.


Official website here: www.nipinst.org

Who are the executives of National Institute For The Psychotherapies Training Institute and what are their salaries?

The average compensation at National Institute For The Psychotherapies Training Institute during 2022 was $55,556. There are 15 employees and 50 volunteers at National Institute For The Psychotherapies Training Institute.


Here are 16 key members and their salaries:


Corby Serrano (Executive Director)
  • Compensation: $130,408
  • Related: $0
  • Other: $0
James L Fosshage Phd (Director)
  • Compensation: $9,740
  • Related: $0
  • Other: $0
Cynthia Medalie Lcsw (Secretary)
  • Compensation: $4,180
  • Related: $0
  • Other: $0
Marc Sholes Lcsw (Treasurer)
  • Compensation: $9,500
  • Related: $0
  • Other: $0
Stephen Kuchuck Dsw (Director)
  • Compensation: $5,820
  • Related: $0
  • Other: $0
Amy Schwartz Cooney Phd (Director)
  • Compensation: $4,500
  • Related: $0
  • Other: $0
Rachel Sopher Lcsw (Director)
  • Compensation: $600
  • Related: $0
  • Other: $0
Ellen Fries Lcsw (Past President)
  • Compensation: $1,860
  • Related: $0
  • Other: $0
Charles Finlon (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caryn Sherman-Meyer Lcsw (Vice President)
  • Compensation: $1,620
  • Related: $0
  • Other: $0
Margaret J Black Lcsw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth A Frank Phd (Director)
  • Compensation: $875
  • Related: $0
  • Other: $0
Clemens A Loew Phd (Director)
  • Compensation: $660
  • Related: $0
  • Other: $0
Merrill Schneiderman Lcsw (Director)
  • Compensation: $125
  • Related: $0
  • Other: $0
Rishi Ramano Cpa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Blazon (Director)
  • Compensation: $10,360
  • Related: $0
  • Other: $0


Official website here: www.nipinst.org

Where can I find the form 990 for National Institute For The Psychotherapies Training Institute?

National Institute For The Psychotherapies Training Institute's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nipinst.org

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

Mission Statement of National Institute For The Psychotherapies Training Institute

The National Institute for the Psychotherapies Training Institute, a renowned organization, is dedicated to delivering psychoanalytical training and psychotherapy clinical services to the public. At its core, its mission revolves around providing affordable psychotherapy services to the community, addressing the mental health needs of individuals. In addition, the Institute offers post-graduate psychoanalytic training to mental health professionals, aiming to enhance the skills and knowledge of those in the field, thereby improving the quality of care provided. By offering these services, the National Institute for the Psychotherapies Training Institute plays a significant role in fostering mental health wellness and promoting emotional growth within the community.

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Impact




June, 2024

The National Institute for the Psychotherapies Training Institute has made a significant impact by providing low-cost psychotherapy services to the community and offering post-graduate psychoanalytic training to mental health professionals. This has helped improve access to mental health services for those in need, while also contributing to the professional development of mental health practitioners. As a result, the institute has played a crucial role in promoting mental well-being and enhancing the quality of psychotherapy services in New York and beyond.




This information is meant to be a general summary of National Institute For The Psychotherapies Training Institute. 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
$2,892,583 (2022)
Expenses
$2,873,738 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $83
  • Program Service Revenue: $2,427,329
  • Gross Receipts: $2,892,583

Assets and Liabilities:

  • Total Assets: $2,333,972
  • Total Liabilities: $1,349,850
  • Net Assets: $984,122

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Programs

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

Patient Revenue

Revenue

$1,658,202

Supervision and Workshops

Revenue

$370,741

Tuition Revenue

Revenue

$388,261

Applications

Revenue

$10,125

Organization Details

Founding Year

1970

Principal Officer

Corby Serrano

Main Address

71 W 23RD ST SUITE 1400, NEW YORK, NY, 10010

NTEE Category

Code: F00P - Mental health

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