Overview
What is Postgraduate Center Residence Inc?
Postgraduate Center Residence Inc is a nonprofit organization in New York City, located at 158 East 35th Street, NY 10016. Their primary mission is to offer community residences and housing facilities specifically designed for the well-being of mentally ill and elderly persons. The organization provides housing under Section 202 of the National Housing Act, catering to chronically mentally ill adults. Their transitional residence, known as the 50th Street Residence, operates year-round, providing services to twenty residents. During the past fiscal year, eight residents were discharged appropriately to alternative levels of care, while eight new residents, classified as 'high needs' clients, were admitted from state or acute care inpatient psychiatric units. These new residents had a smooth transition to the site and continue to receive the full range of services offered. The organization's work focuses on improving the lives of those struggling with mental health issues, ensuring a smooth transition to alternative levels of care when needed.
Official website here: www.pgcmh.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 38%
Postgraduate Center Residence Inc has received a low score of 38%, resulting in a Zero-Star out of Four Star rating on Charity Navigator. This rating highlights significant concerns regarding its accountability and financial practices. The organization has failed to demonstrate key governance standards, such as having a majority of independent board members, which raises questions about its oversight and decision-making processes.
The nonprofit shows strength in its program expense ratio, indicating that it dedicates a substantial portion of its funds to its programs. However, this positive aspect is overshadowed by multiple governance deficiencies, including a lack of conflict of interest and whistleblower policies. Additionally, the organization's liabilities to assets ratio reflects potential financial instability, further complicating its overall evaluation.
User feedback does not reflect any notable strengths beyond the program expenses, and the high salaries of key executives may raise eyebrows amidst the financial concerns. Overall, this nonprofit appears to face considerable challenges in governance and transparency that could impact its reputation and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Postgraduate Center Residence Inc legitimate?
Postgraduate Center Residence Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Postgraduate Center Residence 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.pgcmh.org
What is the mission statement of Postgraduate Center Residence Inc?
The Postgraduate Center Residence Inc is committed to providing community residences and housing facilities specifically designed to promote the well-being of mentally ill and elderly persons. Their mission revolves around offering a safe and supportive living environment for chronically mentally ill adults who require specialized care. The organization operates an apartment complex, where under Section 202 of the National Housing Act, housing is provided to the mentally ill. Their services extend to twenty seriously and persistently mentally ill adults, with a focus on ensuring a smooth transition for clients admitted from state or acute care psychiatric units, as well as facilitating their ongoing care. Over the years, several residents have been discharged to alternative levels of care, demonstrating the effectiveness of their services.
Official website here: www.pgcmh.org
Who is the CEO of Postgraduate Center Residence Inc?
Jacob Barak Phd is the President & Ceo of Postgraduate Center Residence Inc. The CEO's salary of Postgraduate Center Residence Inc is $0 and their total compensation is $927,435.
Official website here: www.pgcmh.org
What is the revenue of Postgraduate Center Residence Inc?
Postgraduate Center Residence Inc's revenue in 2022 was $402,082.
Official website here: www.pgcmh.org
Who are the executives of Postgraduate Center Residence Inc and what are their salaries?
There 4 volunteers at Postgraduate Center Residence Inc.
Here are 4 key members and their salaries (Postgraduate Center Residence Inc's CEO's salary is $0 and their total compensation is $927,435):
- Compensation: $0
- Related: $769,110
- Other: $158,325
- Compensation: $0
- Related: $229,317
- Other: $60,757
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.pgcmh.org
Where can I find the form 990 for Postgraduate Center Residence Inc?
Postgraduate Center Residence Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pgcmh.org
Learn more at the official website: www.pgcmh.org
Mission Statement of Postgraduate Center Residence Inc
The Postgraduate Center Residence Inc is dedicated to enhancing the well-being of mentally ill and elderly individuals. Specifically, this nonprofit organization provides community residences and housing facilities that are meticulously designed to cater to the unique needs of these groups.
In operation, the Postgraduate Center Residence Inc operates an apartment complex consisting of twenty units, offering housing to chronically mentally ill adults. This transitional residence, known as Residence I or the 50th Street Residence, has been operational throughout the past fiscal year. The center provides services to twenty seriously and persistently mentally ill adults, offering them a safe and supportive environment.
Notably, the Postgraduate Center Residence Inc has a history of successfully transitioning its residents to alternative levels of care. Over the past few years, eight of the site's residents have been discharged appropriately, moving on to new stages of their lives. Furthermore, the center has admitted eight high-needs clients from New York State Office of Mental Health priority admissions, all of whom have had a smooth transition to the site and continue to receive the full range of services.
In essence, the Postgraduate Center Residence Inc strives to create a home for mentally ill and elderly individuals, offering them a supportive environment where they can thrive and receive the care they need to live fulfilling lives.
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Impact
June, 2024
Postgraduate Center Residence Inc has a significant impact in providing community residences and housing facilities specifically designed to promote the well-being of the mentally ill and elderly persons in New York. Through their apartment complex of twenty units, they offer housing to the chronically mentally ill under Section 202 of the National Housing Act.
One of their residences, the 50th Street Residence, has been operational for some time and has successfully provided transitional housing and services to twenty seriously and persistently mentally ill adults. Over the years, they have facilitated the appropriate discharge of residents to alternative levels of care, showing their commitment to ensuring the well-being and successful transitions of their clients.
Additionally, Postgraduate Center Residence Inc has accommodated high-needs clients admitted from state or acute care inpatient psychiatric units, demonstrating their capability to provide support to those with acute mental health needs. The smooth transitions and continued provision of services to these clients reflect the organization's dedication to promoting mental health and improving the overall well-being of their residents.
This information is meant to be a general summary of Postgraduate Center Residence 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: $60
- Program Service Revenue: $87,328
- Gross Receipts: $402,082
Assets and Liabilities:
- Total Assets: $652,267
- Total Liabilities: $717,605
- Net Assets: -$65,338
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$87,328
Organization Details
Founding Year
1983
Phone
(212) 889-5500Principal Officer
Jacob Barak Phd
Main Address
158 EAST 35TH STREET, NEW YORK, NY, 10016
Website
www.pgcmh.orgNTEE Category
Code: F33 - Mental health
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