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Concept Health Systems Inc

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

EIN: 237063810 ✦ Miami, FL ✦ Designated as a 501(c)(3)

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Overview

What is Concept Health Systems Inc?

Concept Health Systems Inc, located at 162 NE 49th St, Miami, Florida, is a nonprofit organization dedicated to providing comprehensive and specialized services for individuals struggling with substance abuse, mental health illnesses, and related disorders. The organization offers residential, outpatient, and preventive services, with a focus on a 60-day dual diagnosis residential treatment program for women. In the fiscal year, they served 78 individuals. Their mission encompasses prevention, treatment, and comprehensive behavioral health services, ensuring holistic care for each individual and family they serve. Additionally, Concept Health Systems Inc extends community prevention and outreach services to adults and adolescents.


Official website here: www.banyanhealth.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 86%, Three-Star out of Four Star rating.

Concept Health Systems Inc has achieved a solid Three-Star rating from Charity Navigator, indicating a commendable performance in accountability and finance. The organization notably excels in maintaining an independent board, with 100% of its members being independent, which reflects strong governance practices. Additionally, it has received high marks for its financial statements and policies regarding conflict of interest, whistleblower protections, and document retention.

The financial management of Concept Health Systems is also commendable, illustrated by a high program expense ratio of 93.37%, demonstrating that a significant portion of its funds is directed towards its programs. However, the organization has a liabilities to assets ratio of 63.06%, which may raise some concerns regarding its financial stability. While this score does not indicate immediate risk, it is a factor for stakeholders to consider when evaluating the organization's overall financial health.

Overall, Concept Health Systems Inc shows a strong commitment to transparency and ethical governance, supported by sound financial practices. While there are areas that could be improved, particularly regarding its liabilities, the organization appears to be well-managed and focused on its mission.


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

Is Concept Health Systems Inc legitimate?

Concept Health Systems Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Concept Health Systems 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: $113,236
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,510,540

For more financial information, click here


Official website here: www.banyanhealth.org

What is the mission statement of Concept Health Systems Inc?

Concept Health Systems Inc is dedicated to providing preventive, treatment, and comprehensive behavioral health services to individuals struggling with substance abuse, mental health illnesses, and related disorders. Their mission encompasses offering specialized residential, outpatient, and supportive prevention services to individuals and families in need. Beyond treatment, the organization also extends community prevention and outreach services to adults and adolescents. In essence, Concept Health Systems Inc aims to support and empower those battling these challenges, providing a holistic approach to healing and recovery.


Official website here: www.banyanhealth.org

Who is the CEO of Concept Health Systems Inc?

Edward Mcgowan is the Ceo of Concept Health Systems Inc. The CEO's salary of Concept Health Systems Inc is $113,236 and their total compensation is $113,236.


Official website here: www.banyanhealth.org

What is the revenue of Concept Health Systems Inc?

Concept Health Systems Inc's revenue in 2022 was $3,063,520.


Official website here: www.banyanhealth.org

Who are the executives of Concept Health Systems Inc and what are their salaries?

The average compensation at Concept Health Systems Inc during 2022 was $41,635. There are 39 employees and 9 volunteers at Concept Health Systems Inc.


Here are 11 key members and their salaries (Concept Health Systems Inc's CEO's salary is $113,236 and their total compensation is $113,236):


Edward Mcgowan (Ceo)
  • Compensation: $113,236
  • Related: $0
  • Other: $0
Valera Jackson (Chairwoman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Cerrato (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rita Holder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Roedel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheldon Schwartz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Silverman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jorge A Fernandez Esq (Director (Eff. 07/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Lourdes Reyes Abadin (Director (Eff. 07/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Guerra (Director (Eff. 07/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Grizzle (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.banyanhealth.org

Where can I find the form 990 for Concept Health Systems Inc?

Concept Health Systems Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.banyanhealth.org

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

Mission Statement of Concept Health Systems Inc

Concept Health Systems Inc, a dedicated organization, is committed to providing comprehensive behavioral health services to individuals struggling with substance abuse, mental health illnesses, and related disorders. Their mission is threefold: first, they offer specialized residential, outpatient, and supportive prevention services to individuals and families affected by these issues. Second, they extend their services beyond treatment, reaching out to adults and adolescents through community prevention and outreach programs. Lastly, Concept Health Systems Inc is not merely a treatment provider; they are a proactive force in the community, striving to prevent substance abuse and mental health issues from arising in the first place. In essence, Concept Health Systems Inc is a beacon of hope for those grappling with these challenges, offering a holistic approach to recovery and wellness.

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Impact




June, 2024

Concept Health Systems Inc's impact can be seen in the provision of prevention, treatment, and comprehensive behavioral health services to individuals struggling with substance abuse, mental health illnesses, and related disorders. Specifically, the organization's residential program offers level II care for women, providing 60 days of dual diagnosis residential treatment. In the fiscal year, Concept Health Systems Inc served 78 individuals in this residential program, demonstrating a direct impact on the lives of those in need.

Moreover, Concept Health Systems Inc's mission to provide comprehensive and specialized residential, outpatient, and supportive prevention services to individuals and families facing substance abuse, mental health illnesses, and related disorders showcases a commitment to improving the well-being of the community. By also offering community prevention and outreach services to adults and adolescents, the organization is actively engaging in community-wide efforts to promote mental health and substance abuse awareness and support.

In summary, Concept Health Systems Inc's impact is significant in addressing the complex needs of individuals struggling with mental health and substance abuse issues, providing essential services and support to improve their overall well-being and quality of life.




This information is meant to be a general summary of Concept Health Systems 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
$3,063,520 (2022)
Expenses
$3,145,635 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $93,271
  • Gross Receipts: $3,063,520

Assets and Liabilities:

  • Total Assets: $1,323,366
  • Total Liabilities: $1,017,293
  • Net Assets: $306,073

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Programs

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

RESIDENTIAL FEES

Revenue

$93,271

Organization Details

Founding Year

1970

Principal Officer

Edward Mcgowan

Main Address

162 NE 49TH ST, MIAMI, FL, 33137

NTEE Category

Code: F22Z - Mental health

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