Overview
What is Memphis Recovery Centers Inc?
Memphis Recovery Centers Inc is a non-profit organization based in Memphis, Tennessee, specifically at 219 North Montgomery. It is dedicated to providing compassionate treatment services for both youth and adults struggling with substance addiction and co-occurring disorders. Their professional approach aims to enhance spiritual, physical, emotional, social, and occupational well-being. They offer accredited, licensed residential services, including group therapy, individual and family counseling, lectures, skill-building, in-house school education (for youth), assessments, and additional services. Their mission extends beyond treatment, as they also provide aftercare services. With a workforce of 128 employees, they served a total of 103 adult and 106 adolescent patients for 16,828 days, demonstrating their commitment to helping individuals overcome addiction and rebuild their lives.
Official website here: www.memphisrecovery.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 96% - Four-Star out of Four Star rating
Memphis Recovery Centers Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting an impressive accountability and finance score of 96%. This high rating indicates strong financial health and transparency, critical factors for donors looking to support effective organizations. The organization exhibits a solid commitment to accountability, with key governance metrics meeting or exceeding expectations.
Strengths noted in the organization's ratings include a fully independent board of directors, which enhances governance quality and decision-making. Additionally, Memphis Recovery Centers showcases robust financial practices with a minimal liabilities to assets ratio and an impressive program expense ratio, indicating that a significant portion of its funding is directed towards its mission-driven programs rather than administrative costs.
While the organization's rating is overwhelmingly positive, it is essential for potential donors and stakeholders to consider continuous monitoring of the nonprofit's performance and community impact. Understanding how effectively the organization translates its financial resources into meaningful outcomes for those it serves is crucial for informed support decisions.
This AI summary has been generated from information found on Charity Navigator.
Is Memphis Recovery Centers Inc legitimate?
Memphis Recovery Centers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Memphis Recovery Centers 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: $437,623
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,582,883
For more financial information, click here
Official website here: www.memphisrecovery.com
What is the mission statement of Memphis Recovery Centers Inc?
The Memphis Recovery Centers Inc, a non-profit organization, is dedicated to providing compassionate treatment services for both youth and adults struggling with substance addiction and co-occurring disorders. Their mission is to enhance the spiritual, physical, emotional, social, and occupational well-being of their patients. They achieve this by utilizing professional methods, offering accredited and licensed residential services, including group therapy, individual and family counseling, lectures, skill-building, in-house school education (for youth), assessments, and additional services. These services are aimed at helping patients overcome their addiction and rebuild their lives.
Official website here: www.memphisrecovery.com
Who is the CEO of Memphis Recovery Centers Inc?
Mike Mcloughlin is the Board President of Memphis Recovery Centers Inc.
Official website here: www.memphisrecovery.com
What is the revenue of Memphis Recovery Centers Inc?
Memphis Recovery Centers Inc's revenue in 2022 was $4,676,862.
Official website here: www.memphisrecovery.com
Who are the executives of Memphis Recovery Centers Inc and what are their salaries?
The average compensation at Memphis Recovery Centers Inc during 2022 was $23,598. There are 128 employees and 100 volunteers at Memphis Recovery Centers Inc.
Here are 13 key members and their salaries:
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- Compensation: $70,700
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- Other: $13,823
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- Compensation: $230,000
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- Other: $19,814
Official website here: www.memphisrecovery.com
Where can I find the form 990 for Memphis Recovery Centers Inc?
Memphis Recovery Centers Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.memphisrecovery.com
Learn more at the official website: www.memphisrecovery.com
Mission Statement of Memphis Recovery Centers Inc
Memphis Recovery Centers Inc, a non-profit organization, is dedicated to offering compassionate treatment services for individuals dealing with substance addiction and co-occurring disorders. By utilizing professional methods, the center aims to improve the spiritual, physical, emotional, social, and occupational well-being of both youth and adults. The organization's mission is to provide comprehensive treatment services, encompassing accredited and licensed residential (inpatient) services such as group therapy, individual and family counseling, lectures, skill-building, in-house school education (for youth), assessments, and additional services. Their ultimate goal is to help patients overcome their addictions and recover, thereby improving their overall quality of life. The organization serves a significant number of patients, with 103 adults and 106 adolescents receiving treatment, amounting to a total of 16,828 days of alcohol and drug addiction treatment, along with aftercare services. This information is provided to funding sources, demonstrating the organization's commitment to transparency and accountability.
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Impact
June, 2024
Memphis Recovery Centers Inc's impact is substantial in the community. They provide compassionate treatment services for youth and adults suffering from substance addiction and co-occurring disorders. Through their professional methods, they focus on improving spiritual, physical, emotional, social, and occupational well-being.
In the past year, Memphis Recovery Centers Inc served 103 adult and 106 adolescent patients for a total of 16,828 days of alcohol and drug addiction treatment, along with aftercare services. Their accredited and licensed residential services offer a range of therapies, counseling, education, assessments, and additional services for those in need. This data illustrates the organization's commitment to supporting individuals on their journey towards recovery and overall wellness.
This information is meant to be a general summary of Memphis Recovery Centers 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $15,825
- Program Service Revenue: $3,845,066
- Gross Receipts: $4,676,862
Assets and Liabilities:
- Total Assets: $4,302,527
- Total Liabilities: $162,700
- Net Assets: $4,139,827
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES/CONTRACTS GOVT
Revenue
$3,588,700
NET PATIENT SERVICE FE
Revenue
$168,942
OTHER REVENUE
Revenue
$87,424
Organization Details
Founding Year
1970
Phone
(901) 272-7751Principal Officer
Mike Mcloughlin
Main Address
219 NORTH MONTGOMERY, MEMPHIS, TN, 38104
Website
www.memphisrecovery.comNTEE Category
Code: F34Z - Mental health
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