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Lifestream Behavioral 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: 591561501 ✦ Leesburg, FL ✦ Designated as a 501(c)(3)

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Overview

What is Lifestream Behavioral Center Inc?

Lifestream Behavioral Center Inc is a renowned nonprofit organization based in Florida, with a commitment to recovery, health, and hope. They have made significant strides in various areas, including mental health and substance use disorders. Lifestream's innovative 16-bed residential program, "Road to Home," helps individuals transition from costly psychiatric hospitals to their local communities. They pioneered the first Medication-Assisted Treatment for consumers struggling with drug and alcohol addictions. When vital services were at risk of closure, Lifestream stepped in to keep them going, such as the Juvenile Treatment Alternatives for Safer Communities (TASC) program. Additionally, they have received recognition as a national leader in integrated primary/behavioral healthcare, with grants from the Substance Abuse and Mental Health Services Administration to open an integrated behavioral health/primary care clinic in Clermont, FL. They care for pregnant and post-partum women with substance use disorders and their children at Anthony House. Lifestream also partners with the Eustis Community Foundation to establish The Open Door, a day shelter for homeless individuals in the Eustis area. Their long partnership with the Lake County School Board continues through the Lifestream Lake Academies, serving youngsters with serious emotional and behavioral disorders and their families. Lifestream's dedication to creating a tobacco-free environment led them to become a leading community in the cessation of tobacco use for consumers and staff. They also lead their Zero Suicide Initiative to eliminate teen suicides through education, improved screening, early intervention, and care coordination. The ongoing efforts to enhance consumers' experiences and health outcomes while lowering costs led to the creation of Progress Health Systems, Inc., a nonprofit health system designed to help affiliates increase revenues and reduce costs in Central Florida.


Official website here: www.lsbc.net

What are the reviews and ratings of this charity?

Charity Navigator Rating 96% - Four-Star out of Four Star rating

Lifestream Behavioral Center Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial management. The overall score reflects excellence in these areas, with a perfect score for its Accountability & Finance metrics. This rating is particularly significant as it highlights the organization's responsible use of resources and transparency to stakeholders.

The strengths of Lifestream are evident, with a majority of independent board members and robust policies in place, including conflict of interest and whistleblower policies. The organization demonstrates a high program expense ratio of 88.21%, suggesting that a substantial portion of its funds is directed towards its programs rather than administrative costs. This commitment to prioritizing programmatic activities is a positive indicator of its effectiveness in fulfilling its mission.

While the data paints a highly favorable picture of Lifestream, no specific limitations or concerns were noted in the feedback, implying a solid operational framework. Overall, the charity's high rating and strong financial practices instill confidence in its ability to serve the community effectively.


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

Is Lifestream Behavioral Center Inc legitimate?

Lifestream Behavioral Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lifestream Behavioral 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: $471,072
Professional Fundraising Fees: $0
Other Salaries and Wages: $30,683,940

For more financial information, click here


Official website here: www.lsbc.net

What is the mission statement of Lifestream Behavioral Center Inc?

Lifestream Behavioral Center Inc is dedicated to supporting recovery, promoting health, and creating hope for individuals with various behavioral health and substance use disorders. The organization has received recognition and funding from state legislatures and corporate entities for its innovative programs. One notable program, "Road to Home," helps individuals transition from costly long-term psychiatric hospitals to their local communities. Lifestream also established Florida's first Medication-Assisted Treatment program for substance abuse disorders, providing therapy for those involved in the criminal justice system. When a vital service was about to close, Lifestream stepped in to keep it going and growing, such as the Juvenile Treatment Alternatives for Safer Communities (TASC) program. Furthermore, Lifestream leads initiatives to improve overall healthcare, like the integration of primary and behavioral health care clinics, tobacco cessation programs, and suicide prevention initiatives.


Official website here: www.lsbc.net

Who is the CEO of Lifestream Behavioral Center Inc?

Rick Hankey is the President & of Lifestream Behavioral Center Inc.


Official website here: www.lsbc.net

What is the revenue of Lifestream Behavioral Center Inc?

Lifestream Behavioral Center Inc's revenue in 2022 was $60,115,627.


Official website here: www.lsbc.net

Who are the executives of Lifestream Behavioral Center Inc and what are their salaries?

The average compensation at Lifestream Behavioral Center Inc during 2022 was $27,474. There are 1134 employees and 10 volunteers at Lifestream Behavioral Center Inc.


Here are 19 key members and their salaries:


Jonathan Cherry (President &)
  • Compensation: $320,638
  • Related: $0
  • Other: $16,391
Abid Darr (Psychiatrist)
  • Compensation: $311,496
  • Related: $0
  • Other: $18,348
Thomas Valente (Medical Dire)
  • Compensation: $257,228
  • Related: $0
  • Other: $15,071
Miguel Correa (Psychiatrist)
  • Compensation: $244,930
  • Related: $0
  • Other: $14,699
Edgar Walker (Psychiatrist)
  • Compensation: $215,444
  • Related: $0
  • Other: $14,147
Richard Wallace (Psychiatrist)
  • Compensation: $191,240
  • Related: $0
  • Other: $10,378
Carol Dozier (Chief Financ)
  • Compensation: $128,219
  • Related: $0
  • Other: $5,823
Dr Heather Bigard (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Duncan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claire Hedgcock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Hill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul M Johns (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Childers Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Charles Mojock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Morris (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Pelot (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Saylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Simpson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Sleaford (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lsbc.net

Where can I find the form 990 for Lifestream Behavioral Center Inc?

Lifestream Behavioral Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lsbc.net

Learn more at the official website: www.lsbc.net

Mission Statement of Lifestream Behavioral Center Inc

Lifestream Behavioral Center Inc, a renowned organization, is dedicated to supporting recovery, promoting health, and creating hope for individuals struggling with mental health issues and substance use disorders. With a commitment to excellence recognized by the Florida State Legislature, Lifestream has received recurring funding for its innovative 16-bed residential program, "Road to Home," which helps individuals transition from costly state long-term psychiatric hospitals to their local communities.

Lifestream's groundbreaking initiatives extend beyond Florida as it was chosen by the Florida Department of Children and Families and the Florida Alcohol and Drug Abuse Association to provide medication-assisted therapy to persons with substance abuse disorders who are also involved with the criminal justice system. When the Juvenile Treatment Alternatives for Safer Communities (TASC) program was about to close, Lifestream took the lead in keeping this vital service going and growing. Furthermore, Lifestream's recognition as a national leader in integrated primary/behavioral health care earned them a second grant to open an integrated behavioral health/primary care clinic, reducing hospital and emergency room admission rates by providing primary care and care coordination services to individuals with severe and chronic mental illness.

In addition to these achievements, Lifestream established a vital fifteen-bed residential program at Anthony House to care for pregnant and post-partum women with substance use disorders and their children. Partnering with the Eustis Community Foundation, Lifestream also runs The Open Door, a day shelter for homeless persons living in the Eustis area. The program serves an average of 25 homeless individuals and family members daily. Lifestream's Long Partnership with the Lake County School Board continues to serve youngsters with serious emotional and behavioral disorders through the Lake Academies, involving kids' families through the Strong United Resilient Families (SURF) program. Lifestream has been selected by its managing entity to lead its Zero Suicide Initiative to eliminate teen suicides through education, improved screening, early intervention, and care coordination. With ongoing efforts to improve consumers' experiences and health outcomes while simultaneously lowering costs, Lifestream created Progress Health Systems, Inc., a nonprofit health system designed to help affiliates increase revenues and reduce costs in order to better serve individuals with mental illness and substance use disorders in Lake, Sumter, Marion, Citrus, Orange, Osceola, and Hernando Counties in Central Florida.

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Impact




October, 2024

Lifestream Behavioral Center Inc has made a significant impact in enhancing the mental health and well-being of individuals in Central Florida through various innovative programs and services. One of its key initiatives, the "Road to Home" program, facilitates the transition of individuals from costly long-term psychiatric hospitals back into their communities, demonstrating a commitment to effective recovery pathways.

Additionally, Lifestream pioneered a medication-assisted treatment program designed for those battling drug and alcohol addictions, particularly targeting individuals entangled in the criminal justice system. This initiative not only addresses substance abuse but also helps break the cycle of incarceration and addiction.

The organization has also extended its reach to vulnerable populations, notably through its residential program for pregnant and postpartum women with substance use disorders, ensuring that both mothers and their children receive the necessary support during a critical time.

Furthering its mission, Lifestream operates integrated primary and behavioral health clinics, which have been recognized at the national level for their role in reducing hospital admissions and providing essential care to individuals with chronic mental health conditions.

Through community partnerships, such as the Open Door shelter for the homeless, Lifestream addresses the immediate needs of marginalized individuals, serving an average of 25 people daily. The organization's commitment to education and prevention is emphasized through its long-standing partnership with local schools, addressing serious emotional and behavioral issues in children while actively involving their families through the SURF program.

Lifestream also prioritizes public health initiatives, having been selected to lead tobacco cessation efforts among its consumers and staff, resulting in all campuses becoming tobacco-free. Moreover, through its Zero Suicide initiative, the organization actively works to prevent teen suicides by enhancing education, screening, and intervention strategies.

Overall, Lifestream Behavioral Center Inc plays a pivotal role in supporting recovery, promoting health, and creating hope across various communities, leading to improved health outcomes and enhanced quality of life for many individuals struggling with mental health and substance use challenges.




This information is meant to be a general summary of Lifestream Behavioral 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
$60,115,627 (2022)
Expenses
$55,366,106 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $248,886
  • Program Service Revenue: $14,922,375
  • Gross Receipts: $60,231,931

Assets and Liabilities:

  • Total Assets: $63,172,332
  • Total Liabilities: $17,819,095
  • Net Assets: $45,353,237

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Programs

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

NET PATIENT REVENUE

Revenue

$14,181,694

OTHER OPERATING REVENUE

Revenue

$740,681

Organization Details

Founding Year

1971

Principal Officer

Rick Hankey

Main Address

PO BOX 491000, LEESBURG, FL, 34749

NTEE Category

Code: E24 - Health

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