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Bustleton Mental Health Institute Inc

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

EIN: 204248215 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is Bustleton Mental Health Institute Inc?

Bustleton Mental Health Institute Inc, located in Philadelphia, Pennsylvania, is a comprehensive behavioral health organization dedicated to empowering the most vulnerable and marginalized members of society. Their mission involves providing affordable and accessible outpatient treatment for individuals diagnosed with co-occurring mental illnesses, in addition to offering outreach services to diverse communities in underserved neighborhoods. The institute operates with a team of 14 dedicated professionals, striving to enhance the self-determination of its clients.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 75% (Three-Star out of Four Stars)

Bustleton Mental Health Institute Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. This score is based solely on financial metrics, reflecting the organization's commitment to transparency and effective management of resources. The organization has demonstrated strong fiscal health, with a 0.57% liabilities to assets ratio, suggesting minimal debt and robust financial stability.

The institute showcases a fully independent board, with all eight members adhering to governance best practices. Their comprehensive conflict of interest policy and documented retention practices further illustrate their commitment to ethical standards. The organization also allocates 100% of its expenses towards program services, highlighting an efficient use of funds directly benefiting their mission.

While the overall score is positive, it is important to note that the rating relies solely on accountability and finance metrics, which may not capture the full spectrum of the organization’s impact or program effectiveness. Prospective donors and stakeholders should consider exploring additional qualitative factors when assessing the institute’s overall contributions to mental health services.


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

Is Bustleton Mental Health Institute Inc legitimate?

Bustleton Mental Health Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bustleton Mental Health Institute 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: $304,615
Professional Fundraising Fees: $0
Other Salaries and Wages: $687,186

For more financial information, click here

What is the mission statement of Bustleton Mental Health Institute Inc?

The Bustleton Mental Health Institute Inc is a comprehensive behavioral health organization with a mission to empower the most vulnerable and marginalized members of society. They strive to help these individuals achieve the highest level of self-determination possible. Their activities primarily involve providing affordable and accessible behavioral health and psychiatric outpatient treatment for individuals diagnosed with co-occurring mental illnesses. Additionally, they offer outreach services to people from various backgrounds in underserved neighborhoods.

Who is the CEO of Bustleton Mental Health Institute Inc?

Vladimir Platonov is the President of Bustleton Mental Health Institute Inc.

What is the revenue of Bustleton Mental Health Institute Inc?

Bustleton Mental Health Institute Inc's revenue in 2022 was $1,532,255.

Who are the executives of Bustleton Mental Health Institute Inc and what are their salaries?

The average compensation at Bustleton Mental Health Institute Inc during 2022 was $70,843. There are 14 employees at Bustleton Mental Health Institute Inc.


Here are 5 key members and their salaries:


Felix Salzberg (Employee)
  • Compensation: $212,260
  • Related: $0
  • Other: $0
Vladimir Platonov (President)
  • Compensation: $165,046
  • Related: $0
  • Other: $0
Elena Platonova (Treasurer)
  • Compensation: $139,569
  • Related: $0
  • Other: $0
Irina Malinskaya (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valentin Zaytsev (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bustleton Mental Health Institute Inc?

Bustleton Mental Health Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bustleton Mental Health Institute Inc

Bustleton Mental Health Institute Inc is a comprehensive behavioral health organization with a mission to empower the most vulnerable and marginalized members of society as they strive for the highest level of self-determination possible. This nonprofit organization seeks to provide affordable and accessible behavioral health and psychiatric outpatient treatment for individuals diagnosed with co-occurring mental illnesses. In addition to their clinical services, Bustleton Mental Health Institute Inc also offers outreach services to people from various backgrounds in underserved neighborhoods. By focusing on empowerment and self-determination, this organization aims to help those they serve build a better future for themselves.

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Impact




October, 2024

Bustleton Mental Health Institute Inc plays a vital role in enhancing the lives of vulnerable and marginalized individuals within the Philadelphia community. By providing affordable and accessible behavioral health and psychiatric outpatient treatment, the Institute addresses the needs of those diagnosed with co-occurring mental illnesses. This support is essential in helping individuals regain control over their mental health, fostering self-determination and independence.

In addition to direct treatment services, the Institute actively conducts outreach initiatives in underserved neighborhoods. This Aimed at breaking down barriers to mental health care, these outreach efforts ensure that individuals from diverse backgrounds receive the compassionate support they need. The impact of Bustleton Mental Health Institute Inc extends beyond individual treatment; it contributes to the overall well-being of the community by promoting awareness, reducing stigma surrounding mental illness, and advocating for those who may otherwise feel marginalized or unheard.

Through its comprehensive approach to behavioral health, Bustleton Mental Health Institute Inc empowers individuals to build a foundation for personal growth and recovery, ultimately enriching the community and fostering resilience among its members.




This information is meant to be a general summary of Bustleton Mental Health Institute 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
$1,532,255 (2022)
Expenses
$1,373,110 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,055
  • Program Service Revenue: $1,527,200
  • Gross Receipts: $1,532,255

Assets and Liabilities:

  • Total Assets: $814,168
  • Total Liabilities: $55,318
  • Net Assets: $758,850

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Programs

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

FEE FOR SERVICE

Revenue

$1,527,200

Organization Details

Founding Year

2006

Principal Officer

Vladimir Platonov

Main Address

1701 GRANT AVENUE, PHILADELPHIA, PA, 19115

NTEE Category

Code: E32 - Health

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