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Apt Foundation Inc

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

EIN: 237061218 ✦ New haven, CT ✦ Designated as a 501(c)(3)

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Overview

What is Apt Foundation Inc?

The Apt Foundation Inc, based in New Haven, Connecticut, is a nonprofit organization dedicated to promoting health and recovery for individuals dealing with substance use disorders and mental illness. With a team of 382 employees, they offer treatment programs focusing on underserved populations. Their programs cater to adults, addressing a wide range of substance abuse, including opiates, cocaine, and alcohol, among others. They are partially funded by the Connecticut Department of Mental Health and Addiction Services and prioritize swift access to treatment. The Apt Foundation emphasizes engagement and retention strategies for individuals in the recovery process.


Official website here: www.aptfoundation.org

Is Apt Foundation Inc legitimate?

Apt Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Apt Foundation 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: $516,253
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,791,365

For more financial information, click here


Official website here: www.aptfoundation.org

What is the mission statement of Apt Foundation Inc?

The Apt Foundation Inc is dedicated to promoting health and recovery for individuals struggling with substance use disorders and mental illness. Their mission encompasses addressing the full spectrum of substance abuse, including opiates, cocaine, alcohol, and multiple addictions. The foundation prioritizes access to treatment for underserved populations and is committed to rapid access and the use of effective strategies to engage and retain individuals in their recovery process. Partially funded by the Connecticut Department of Mental Health and Addiction Services, the Apt Foundation's programs aim to provide comprehensive care for those in need.


Official website here: www.aptfoundation.org

Who is the CEO of Apt Foundation Inc?

Unavailable The CEO's salary of Apt Foundation Inc is $267,920 and their total compensation is $301,112.


Official website here: www.aptfoundation.org

What is the revenue of Apt Foundation Inc?

Apt Foundation Inc's revenue in 2022 was $34,071,289.


Official website here: www.aptfoundation.org

Who are the executives of Apt Foundation Inc and what are their salaries?

The average compensation at Apt Foundation Inc during 2022 was $47,926. There are 382 employees and 15 volunteers at Apt Foundation Inc.


Here are 18 key members and their salaries (Apt Foundation Inc's CEO's salary is $267,920 and their total compensation is $301,112):


David Parachini (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Ryan (Board Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Broderick (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betty Levy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Erskine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Margolis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Erskine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ismene Petrakis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lucille Patrone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitchell Gallignano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valerie Goodkin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Madden (Ceo)
  • Compensation: $267,920
  • Related: $0
  • Other: $33,192
Michelle Michaud (Cfo/Treasurer)
  • Compensation: $184,810
  • Related: $0
  • Other: $12,345
Amanda Shackell (Aprn-Lead Psych, Prescriber)
  • Compensation: $142,682
  • Related: $0
  • Other: $9,831
Daniel Iead (Senior Director Residentail Services)
  • Compensation: $128,000
  • Related: $0
  • Other: $41,055
Julia M Shi (Medical Director Primary Care)
  • Compensation: $229,657
  • Related: $0
  • Other: $54,087
Kathryn F Eggert (Senior Director Legion)
  • Compensation: $118,810
  • Related: $0
  • Other: $41,497
Tina Burgett (Chief Human Resources Officer)
  • Compensation: $125,322
  • Related: $0
  • Other: $24,973


Official website here: www.aptfoundation.org

Where can I find the form 990 for Apt Foundation Inc?

Apt Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.aptfoundation.org

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

Mission Statement of Apt Foundation Inc

The Apt Foundation Inc, a dedicated nonprofit organization, focuses on promoting health and recovery for individuals grappling with substance use disorders and/or mental illness. With a mission that emphasizes serving traditionally underserved populations, the Foundation offers a range of treatment programs to tackle the full spectrum of substance abuse, including opiates, cocaine, alcohol, and multiple addictions.

Funded in part by the Connecticut Department of Mental Health and Addiction Services, the Apt Foundation Inc is deeply committed to ensuring rapid access to treatment and implementing strategies that effectively engage and retain individuals in their recovery journey. By prioritizing these efforts, the organization strives to make a meaningful impact on the lives of those it serves.

In essence, the Apt Foundation Inc transforms lives by providing essential treatment services to individuals grappling with substance use disorders and mental health issues. Through its comprehensive approach, the organization offers a beacon of hope and renewed possibilities for a healthier, more stable future.

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Impact




October, 2024

Apt Foundation Inc significantly impacts the health and recovery of individuals facing substance use disorders and mental illness, particularly within underserved populations. By providing comprehensive treatment programs that address a wide range of substances, including opiates, cocaine, and alcohol, the foundation plays a crucial role in facilitating recovery for those in need.

The foundation emphasizes rapid access to treatment, ensuring that individuals do not face barriers when seeking help. This approach is complemented by strategies designed to engage and retain individuals in their recovery journey, fostering a supportive environment that encourages long-term wellness.

With support from the Connecticut Department of Mental Health and Addiction Services, Apt Foundation Inc operates primarily in New Haven, CT, working tirelessly to promote health and recovery among vulnerable communities. Their commitment to addressing both substance use and mental health disorders underscores the foundation's vital role in improving the lives of many individuals, breaking the cycle of addiction, and promoting sustainable recovery.




This information is meant to be a general summary of Apt Foundation 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
$34,071,289 (2022)
Expenses
$33,427,640 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $53
  • Program Service Revenue: $25,117,001
  • Gross Receipts: $34,125,536

Assets and Liabilities:

  • Total Assets: $21,404,749
  • Total Liabilities: $7,191,556
  • Net Assets: $14,213,193

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Programs

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

NET PATIENT SERVICE REVENUE

Revenue

$24,953,056

PATIENT FEES

Revenue

$163,945

Organization Details

Founding Year

1970

Main Address

1 Long Wharf Drive, New Haven, CT, 06511

NTEE Category

Code: F200 - Mental health

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