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Banyan Research & Innovation Center Inc

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

EIN: 591415981 ✦ Miami, FL ✦ Designated as a 501(c)(3)

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Overview

What is Banyan Research & Innovation Center Inc?

Banyan Research & Innovation Center Inc, based in Miami, Florida, functions as a research institution specializing in behavioral health. With a team of seven employees, the Center provides comprehensive research services to integrated healthcare systems, with a focus on supporting the ongoing mission of Banyan Health Systems, Inc. Their primary objective is to deliver leading-edge behavioral health treatment, including those with tri-occurring disorders. The Center is a full-time research institute dedicated to advancing behavioral health research, contributing to the development of improved healthcare solutions for various behavioral health issues.


Official website here: www.banyanhealth.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 77% - Three-Star out of Four Star rating

Banyan Research & Innovation Center Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance primarily in Accountability & Finance. The charity scored well across various metrics, particularly in ensuring that its board is composed entirely of independent members and maintaining comprehensive policies around conflict of interest and whistleblowers.

One of the organization's strengths is its high transparency, as evidenced by its documented board meeting minutes and proper asset management with no noted material diversions. Additionally, the charity has effectively listed its website on its tax form, which contributes to its accountability.

However, the charity's program expense ratio of 66.09% suggests there may be room for improvement in how efficiently funds are allocated towards its programs versus administrative costs. Overall, while Banyan Research & Innovation Center Inc exhibits strong governance and accountability practices, it faces challenges in optimizing program expenditures.


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

Is Banyan Research & Innovation Center Inc legitimate?

Banyan Research & Innovation Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Banyan Research & Innovation Center 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: $138,364
Professional Fundraising Fees: $0
Other Salaries and Wages: $28,006

For more financial information, click here


Official website here: www.banyanhealth.org

What is the mission statement of Banyan Research & Innovation Center Inc?

The Banyan Research & Innovation Center Inc is a full-time behavioral health research institution, dedicated to supporting the ongoing mission of Banyan Health Systems, Inc. This mission involves providing leading-edge behavioral health treatment, particularly for individuals with tri-occurring disorders. The center offers research and evaluation services to integrated healthcare systems, with the aim of contributing to the advancement of behavioral health treatment and care.


Official website here: www.banyanhealth.org

Who is the CEO of Banyan Research & Innovation Center Inc?

H Bruce Hayden is the Foundation Ceo (Thru 4/30/22) of Banyan Research & Innovation Center Inc. The CEO's salary of Banyan Research & Innovation Center Inc is $125,028 and their total compensation is $131,006.


Official website here: www.banyanhealth.org

What is the revenue of Banyan Research & Innovation Center Inc?

Banyan Research & Innovation Center Inc's revenue in 2022 was $39,294.


Official website here: www.banyanhealth.org

Who are the executives of Banyan Research & Innovation Center Inc and what are their salaries?

The average compensation at Banyan Research & Innovation Center Inc during 2022 was $23,767. There are 7 employees and 5 volunteers at Banyan Research & Innovation Center Inc.


Here are 11 key members and their salaries (Banyan Research & Innovation Center Inc's CEO's salary is $125,028 and their total compensation is $131,006):


Vincent Carrodeguas (Banyan Community Hlth Ctr Ceo)
  • Compensation: $0
  • Related: $379,095
  • Other: $2,711
Ileana R Garcia Mshsa (Evp Grant Program Development)
  • Compensation: $0
  • Related: $356,114
  • Other: $10,470
Mark Guthrie (Chief Financial Officer)
  • Compensation: $0
  • Related: $273,585
  • Other: $3,571
H Bruce Hayden (Foundation Ceo (Thru 4/30/22))
  • Compensation: $125,028
  • Related: $0
  • Other: $5,978
Jorge A Fernandez (Chairman (Thru 06/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Lourdes Reyes Abadin (Treasurer (Thru 06/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Stan Beiley (Board Member (Thru 06/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Mathew Gissen (Board Member (Thru 06/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Guerra (Board Member (Thru 06/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Josephsberg (Board Member (Thru 06/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Rubinson (Board Member (Thru 06/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.banyanhealth.org

Where can I find the form 990 for Banyan Research & Innovation Center Inc?

Banyan Research & Innovation Center 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 Banyan Research & Innovation Center Inc

Banyan Research & Innovation Center Inc, a dedicated behavioral health research institution, is committed to advancing the ongoing mission of Banyan Health Systems, Inc. By focusing on full-time behavioral health research, the Center aims to provide cutting-edge behavioral health treatment, including those addressing tri-occurring disorders. The Center offers research and evaluation services to integrated healthcare systems, playing a crucial role in supporting Banyan Health Systems, Inc.'s leading-edge behavioral health treatment initiatives.

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Impact




June, 2024

Banyan Research & Innovation Center Inc is making a significant impact by providing comprehensive behavioral health research and evaluation services to integrated health care systems. Their mission to support the ongoing mission of Banyan Health Systems, Inc. to provide cutting-edge behavioral health treatment, especially for those with tri-occurring disorders, is crucial in advancing mental health care. Through their work, they are contributing to the improvement of behavioral health outcomes and the development of innovative treatment approaches.




This information is meant to be a general summary of Banyan Research & Innovation Center 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
$39,294 (2022)
Expenses
$210,248 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,265
  • Gross Receipts: $39,294

Assets and Liabilities:

  • Total Assets: $102,663
  • Total Liabilities: $274,541
  • Net Assets: -$171,878

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Organization Details

Founding Year

1970

Principal Officer

H Bruce Hayden

Main Address

6100 BLUE LAGOON DRIVE Suite 400, MIAMI, FL, 33126

NTEE Category

Code: F22Z - Mental health

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