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Lake Cumberland Regional Mh-Mr Board Inc

The Adanta Group

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

EIN: 610666065 ✦ Somerset, KY ✦ Designated as a 501(c)(3)

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Overview

What is Lake Cumberland Regional Mh-Mr Board Inc?

Lake Cumberland Regional Mh-Mr Board Inc, also known as ADANTA, is a private nonprofit organization based in the Lake Cumberland area, serving ten counties. They are committed to providing exceptional community-based mental health, substance abuse, developmental and intellectual disability, alcohol, tobacco, and other drug prevention, and sexual assault resource services. Through their dedication, ADANTA aims to enhance the lives of those in need by establishing and maintaining a standard of excellence in community behavioral healthcare.


Official website here: www.adanta.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star rating)

Lake Cumberland Regional Mh-Mr Board Inc has received a commendable Four-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The organization achieved a score of 96%, reflecting its commitment to transparency and effective financial management. This high rating is primarily based on various metrics that underscore the organization's dedication to responsible operations.

Strengths of the organization include a fully independent board, with all 11 members meeting standards of independence, and a strong performance in financial oversight. The organization has also demonstrated excellent management practices by having no material diversion of assets, a high program expense ratio of over 90%, and well-documented policies, including conflict of interest and whistleblower policies. These factors contribute to a robust framework that supports its mission.

While the data does not indicate specific areas of weakness, maintaining this level of performance will be essential as the organization continues to operate. The emphasis on accountability and strong governance practices suggests that the Lake Cumberland Regional Mh-Mr Board Inc is well-positioned to serve its community effectively.


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

Is Lake Cumberland Regional Mh-Mr Board Inc legitimate?

Lake Cumberland Regional Mh-Mr Board Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Cumberland Regional Mh-Mr Board 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,642,958

For more financial information, click here


Official website here: www.adanta.org

What is the mission statement of Lake Cumberland Regional Mh-Mr Board Inc?

Lake Cumberland Regional Mh-Mr Board Inc, also known as Adanta, is committed to delivering high-quality community behavioral health care to the citizens of a ten-county area. Their primary objective is to enhance the lives of those in need by establishing and maintaining a standard of excellence in their services. Adanta offers a range of mental health, substance abuse, developmental and intellectual disability, alcohol, tobacco and other drug prevention, and sexual assault resource services. Their dedication extends beyond just providing care; they strive to make a positive impact on the overall quality of life for their clients.


Official website here: www.adanta.org

Who is the CEO of Lake Cumberland Regional Mh-Mr Board Inc?

Tracie Horton is the Medical Director of Lake Cumberland Regional Mh-Mr Board Inc.


Official website here: www.adanta.org

What is the revenue of Lake Cumberland Regional Mh-Mr Board Inc?

Lake Cumberland Regional Mh-Mr Board Inc's revenue in 2022 was $42,377,168.


Official website here: www.adanta.org

Who are the executives of Lake Cumberland Regional Mh-Mr Board Inc and what are their salaries?

The average compensation at Lake Cumberland Regional Mh-Mr Board Inc during 2022 was $33,118. There are 110 employees and 17 volunteers at Lake Cumberland Regional Mh-Mr Board Inc.


Here are 16 key members and their salaries:


Mark Hyatt (Medical Director)
  • Compensation: $235,000
  • Related: $0
  • Other: $0
Tracie Horton (Executive Director)
  • Compensation: $140,000
  • Related: $0
  • Other: $0
Kim Worley (Operations Director)
  • Compensation: $87,829
  • Related: $0
  • Other: $0
Tammy Speaks (Chief Financial Officer)
  • Compensation: $55,127
  • Related: $0
  • Other: $0
Virginia Black (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Hoots (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Salmons (Board Member Alt-Treasurer T)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Phillips (Board Member Personnel Commi)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Stivers (Board Member Secretary To Th)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jefferey Sams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tina Creekmore (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenda Pharis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darrell Beshears (Board Member Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Saunders (Board Member Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Robertson (Board Member Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Shofner (Board Member Treasurer To The)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.adanta.org

Where can I find the form 990 for Lake Cumberland Regional Mh-Mr Board Inc?

Lake Cumberland Regional Mh-Mr Board Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.adanta.org

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

Mission Statement of Lake Cumberland Regional Mh-Mr Board Inc

Lake Cumberland Regional Mh-Mr Board Inc, also known as Adanta, is a dedicated nonprofit organization committed to providing excellent community-based mental health care to the citizens of the ten-county Lake Cumberland area. Adanta's mission is to enhance the quality of life for those in need of such care by establishing and maintaining a standard of excellence in its services. The organization offers a range of resources, including mental health, substance abuse, developmental and intellectual disability, alcohol, tobacco, and other drug prevention, and sexual assault services. By delivering these essential services, Adanta aims to make a positive impact on the lives of those it serves. Adanta's team of dedicated professionals works tirelessly to ensure that every individual receives the care and support they require, allowing them to overcome challenges and lead fulfilling lives. Through its unwavering commitment to excellence, Adanta continues to make a difference in the lives of its clients, empowering them to overcome adversity and thrive.

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Impact




October, 2024

Lake Cumberland Regional Mh-Mr Board Inc plays a crucial role in enhancing the quality of life for individuals in the ten-county Lake Cumberland area by providing comprehensive community-based mental health care and support services. Their efforts focus on improving access to mental health treatment, substance abuse rehabilitation, and resources for individuals with developmental and intellectual disabilities. By establishing standards of excellence in service delivery, they ensure that vulnerable populations receive the necessary care and support to manage their conditions effectively. Additionally, they contribute to prevention initiatives regarding alcohol, tobacco, and other drugs, as well as provide resources for sexual assault victims, thereby fostering a safer and healthier community. Their commitment to quality care and community wellness significantly impacts the lives of many individuals and families, helping to break down stigmas associated with mental health and encouraging those in need to seek help.




This information is meant to be a general summary of Lake Cumberland Regional Mh-Mr Board 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
$42,377,168 (2022)
Expenses
$41,081,350 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $75,757
  • Program Service Revenue: $31,865,120
  • Gross Receipts: $42,377,168

Assets and Liabilities:

  • Total Assets: $29,873,113
  • Total Liabilities: $5,705,645
  • Net Assets: $24,167,468

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Programs

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

PROGRAM SERVICES

Revenue

$31,865,120

Organization Details

Founding Year

1966

Principal Officer

Tracie Horton

Main Address

130 SOUTHERN SCHOOL ROAD, SOMERSET, KY, 42501

NTEE Category

Code: F300 - Mental health

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