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Karen Horney Clinic Inc

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

EIN: 135638826 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Karen Horney Clinic Inc?

Karen Horney Clinic Inc, located in New York, New York, is a nonprofit organization dedicated to providing comprehensive diagnostic and mental health treatment services. Serving adults, adolescents, and children diagnosed with mental illnesses, the clinic aims to minimize symptoms, adverse effects, and promote recovery, ultimately helping individuals achieve personal goals such as education and employment. In 2023, the clinic offered over 25,000 patient care sessions, demonstrating its commitment to its mission. With a team of 12 dedicated professionals, Karen Horney Clinic Inc strives to create a plan of care tailored to each patient's needs, focusing on their overall well-being and recovery.


Official website here: www.karenhorneyclinic.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%, Four-Star out of Four Star rating

The Karen Horney Clinic Inc has achieved a high score of 96% on Charity Navigator, indicating strong performance in accountability and finance. This score reflects the organization’s commitment to transparency and effective financial management, with a perfect score in several key areas including independent board membership and financial oversight.

Strengths of the organization include a fully independent board and a high program expense ratio of 84.12%, which suggests that a significant portion of their funding is directed towards their programs rather than administrative costs. Their adherence to best practices, evidenced by the comprehensive policies in place for conflict of interest, whistleblower protections, and document retention, further underscores their dedication to accountability.

While the overall rating is exceptional, the limited feedback on program outcomes and community impact was noted. However, the organization’s financial health and governance practices position it as a trustworthy entity in the nonprofit sector.


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

Is Karen Horney Clinic Inc legitimate?

Karen Horney Clinic Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Karen Horney Clinic 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: $407,692
Professional Fundraising Fees: $0
Other Salaries and Wages: $632,998

For more financial information, click here


Official website here: www.karenhorneyclinic.org

What is the mission statement of Karen Horney Clinic Inc?

The Karen Horney Clinic Inc. is committed to providing ambulatory diagnostic and mental health treatment services to adults, adolescents, and children who have been diagnosed with mental illness. Their mission is to develop a personalized plan of care aimed at minimizing symptoms and adverse effects of illness, while maximizing wellness and promoting recovery. This recovery process is designed to help individuals achieve their life goals, such as pursuing education and employment. In 2023, the clinic provided over 25,000 patient care sessions, demonstrating their dedication to serving this population. The clinic's goals extend beyond symptom management, aiming to empower patients and support them in achieving their personal objectives.


Official website here: www.karenhorneyclinic.org

Who is the CEO of Karen Horney Clinic Inc?

Dr Henry Paul is the President of Karen Horney Clinic Inc.


Official website here: www.karenhorneyclinic.org

What is the revenue of Karen Horney Clinic Inc?

Karen Horney Clinic Inc's revenue in 2023 was $2,527,705.


Official website here: www.karenhorneyclinic.org

Who are the executives of Karen Horney Clinic Inc and what are their salaries?

The average compensation at Karen Horney Clinic Inc during 2023 was $86,724. There are 12 employees at Karen Horney Clinic Inc.


Here are 5 key members and their salaries:


Robert Bagdadi (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Friedman (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert J Bregman (Secetary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Matthews (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry A Paul (Executive Dir/Psychiatrist)
  • Compensation: $407,692
  • Related: $0
  • Other: $35,947


Official website here: www.karenhorneyclinic.org

Where can I find the form 990 for Karen Horney Clinic Inc?

Karen Horney Clinic Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.karenhorneyclinic.org

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

Mission Statement of Karen Horney Clinic Inc

Karen Horney Clinic Inc is committed to providing ambulatory diagnostic and mental health treatment services to adults, adolescents, and children who have been diagnosed with mental illness. Their mission is to develop a tailored plan of care for these individuals, aiming to minimize the symptoms and adverse effects of their illness while promoting wellness and recovery. This plan is designed to help them achieve their life goals, such as pursuing education and employment. In 2023, the clinic provided over 25,000 patient care sessions, demonstrating their dedication and effectiveness in delivering these essential services.

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Impact




October, 2024

Karen Horney Clinic Inc significantly impacts the community by offering vital ambulatory diagnostic and mental health treatment services tailored for individuals of all ages diagnosed with mental illnesses. In 2023 alone, the clinic facilitated over 25,000 patient care sessions, providing essential support to adults, adolescents, and children.

The clinic's comprehensive approach focuses not only on alleviating symptoms and adverse effects of mental illness but also on fostering wellness and promoting recovery. By developing personalized care plans, the clinic helps patients work towards achieving important life goals, such as educational and employment aspirations. This commitment to holistic mental health care empowers individuals, enhancing their quality of life and overall functioning within society. Through these efforts, Karen Horney Clinic Inc plays a critical role in advancing mental health care and supporting recovery pathways in New York.




This information is meant to be a general summary of Karen Horney Clinic 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
$2,527,705 (2023)
Expenses
$2,045,201 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $37,368
  • Program Service Revenue: $2,490,087
  • Gross Receipts: $2,527,705

Assets and Liabilities:

  • Total Assets: $8,258,989
  • Total Liabilities: $114,030
  • Net Assets: $8,144,959

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Programs

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

PROGRAM FEES

Revenue

$2,490,087

Organization Details

Founding Year

1955

Principal Officer

Dr Henry Paul

Main Address

329 EAST 62ND STREET, NEW YORK, NY, 10065

NTEE Category

Code: P820 - Human services

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