Overview
What is Merakey Parkside Recovery?
Merakey Parkside Recovery is a nonprofit organization committed to delivering recovery services for individuals dealing with substance use disorder in the Philadelphia area. They offer both medicated-assisted treatment, including methadone, suboxone, and vivitrol, as well as non-medicated assisted treatment. The organization operates at two levels of care: intensive outpatient and outpatient. All individuals undergo therapy, in addition to consultations with medical doctors and psychiatrists. During FY 2022, Merakey Parkside Recovery continued to provide in-person services to ensure those in recovery could maintain their progress through medication-assisted treatment. Their mission is to offer direct, supportive services for chemically dependent individuals.
Official website here: www.merakey.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 79%, Three-Star out of Four Star rating.
Merakey Parkside Recovery has achieved a solid Three-Star rating, reflecting its commitment to accountability and financial health. With a score of 79%, the organization demonstrates strong controls and policies, particularly in areas such as asset management and oversight. The absence of material diversion of assets and a well-structured audit committee contribute positively to its financial integrity.
Strengths of the organization include a high program expense ratio of 90.46%, indicating that a significant portion of its funds is directed towards its recovery programs rather than administrative costs. Additionally, the presence of comprehensive policies, including conflict of interest and whistleblower protections, showcases a commitment to ethical practices and transparency in operations.
However, while the organization performs well overall, its liabilities to assets ratio of 53.32% suggests that it may have moderate financial obligations relative to its assets. This aspect is something potential donors might want to consider when assessing the organization's long-term financial sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Merakey Parkside Recovery legitimate?
Merakey Parkside Recovery is a legitimate nonprofit organization registered as a 501(c)(3) entity. Merakey Parkside Recovery 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: $7,759,560
For more financial information, click here
Official website here: www.merakey.org
What is the mission statement of Merakey Parkside Recovery?
Merakey Parkside Recovery is dedicated to delivering supportive services to individuals battling substance use dependence disorder. Their mission encompasses both medicated and non-medicated assisted treatments, providing care at intensive outpatient and outpatient levels. Each individual under their care receives counseling from a therapist, medical doctor, and psychiatrist. In the previous fiscal year, Parkside Recovery continued operating in-person programs to ensure those in recovery could maintain their progress through medication-assisted treatment.
Official website here: www.merakey.org
Who is the CEO of Merakey Parkside Recovery?
Malcolm Musgrove is the Director/Secretary/Treasur of Merakey Parkside Recovery.
Official website here: www.merakey.org
What is the revenue of Merakey Parkside Recovery?
Merakey Parkside Recovery's revenue in 2022 was $17,752,309.
Official website here: www.merakey.org
Who are the executives of Merakey Parkside Recovery and what are their salaries?
The average compensation at Merakey Parkside Recovery during 2022 was $32,879. There are 236 employees at Merakey Parkside Recovery.
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $263,883
- Other: $25,225
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $451,211
- Other: $21,226
- Compensation: $0
- Related: $388,859
- Other: $29,672
- Compensation: $256,392
- Related: $0
- Other: $33,324
- Compensation: $232,996
- Related: $0
- Other: $28,080
- Compensation: $200,160
- Related: $0
- Other: $22,212
- Compensation: $143,316
- Related: $0
- Other: $9,179
- Compensation: $114,071
- Related: $0
- Other: $5,677
Official website here: www.merakey.org
Where can I find the form 990 for Merakey Parkside Recovery?
Merakey Parkside Recovery's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.merakey.org
Learn more at the official website: www.merakey.org
Mission Statement of Merakey Parkside Recovery
Merakey Parkside Recovery, a dedicated organization, focuses on delivering direct and supportive services to individuals dealing with Substance Use Dependence Disorder. With a mission to make a difference, this program has provided essential treatment to over 1,500 people in the Philadelphia area. Merakey Parkside Recovery offers a range of treatments, encompassing both medicated and non-medicated assisted treatment, using methadone, suboxone, and vivitrol.
The organization provides two different levels of care: intensive outpatient and outpatient. Each individual undergoes regular sessions with a therapist, medical doctor, and psychiatrist, ensuring comprehensive care. During the fiscal year 2022, Merakey Parkside Recovery prioritized in-person programs to help individuals maintain their recovery through medication-assisted treatment. This commitment to personalized care and continued support demonstrates the organization's dedication to helping individuals overcome substance use dependence disorders.
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Impact
October, 2024
Merakey Parkside Recovery significantly impacts the Philadelphia area by providing crucial support and treatment services for individuals grappling with substance use dependence disorder. In the previous fiscal year, the programs at Parkside Recovery aided over 1,500 individuals, offering both medicated and non-medicated assisted treatment options, including methadone, Suboxone, and Vivitrol.
The organization operates with a well-structured approach that includes two distinct levels of care: intensive outpatient and outpatient services. Each participant receives personalized attention from a therapist as well as consultations with a medical doctor and psychiatrist, ensuring a comprehensive treatment experience tailored to their specific needs.
By maintaining in-person programs during FY 2022, Merakey Parkside Recovery prioritized the continuity of care, allowing individuals to sustain their recovery journeys effectively through medication-assisted treatment. This commitment not only fosters individual growth and healing but also contributes positively to the broader community by addressing the pressing issue of substance use disorders.
This information is meant to be a general summary of Merakey Parkside Recovery. 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.
- Program Service Revenue: $17,476,261
- Gross Receipts: $17,752,309
Assets and Liabilities:
- Total Assets: $6,659,361
- Total Liabilities: $4,401,108
- Net Assets: $2,258,253
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGED CARE
Revenue
$11,490,800
GOVERNMENT
Revenue
$4,107,789
340B REVENUE
Revenue
$1,771,459
3RD PARTY
Revenue
$81,805
SELF PAY
Revenue
$17,215
Organization Details
Founding Year
1983
Phone
(610) 260-4600Principal Officer
Malcolm Musgrove
Main Address
620 E GERMANTOWN PIKE, LAFAYETTE HILL, PA, 19444
Website
www.merakey.orgNTEE Category
Code: F20 - Mental health
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