Overview
What is Steinberg Institute?
The Steinberg Institute, a nonprofit established in 2015 in Sacramento, California, focuses on improving California's mental health and substance use care systems. With a team of nine dedicated individuals, the Institute has spearheaded significant changes in policy, securing funding for permanent supportive housing for the homeless with mental health and substance use conditions, implementing peer certification, advocating for parity in insurance coverage for behavioral health conditions, and launching the 988 crisis hotline. The Institute's mission encompasses education, advocacy, accountability, and inspired leadership, with the ultimate goal of setting standards for the nation in prevention, treatment, and recovery. Their vision is to ensure that all Californians receive quality care and support when, where, and for as long as they need it.
Official website here: www.steinberginstitute.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 73%, Two-Star out of Four Star rating
The Steinberg Institute has received a Two-Star rating from Charity Navigator, indicating some strengths and notable weaknesses in its accountability and financial practices. The organization demonstrates strong governance with a fully independent board and solid financial ratios, particularly a program expense ratio of 78.58%, which suggests a commitment to its mission-driven activities.
However, the charity has significant shortcomings in its financial transparency, as evidenced by the absence of financial statements and a missing whistleblower policy. These issues contribute to the lower overall rating, highlighting areas where the organization could improve its accountability practices. While it does maintain documentation for board meeting minutes and has policies in place for conflict of interest, the lack of key financial documents raises concerns for potential donors.
Overall, while the Steinberg Institute shows a dedication to its programs and has a competent board structure, the lack of transparency in financial reporting and governance policies may deter some supporters. Addressing these gaps could enhance trust and attract further investment in its initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Steinberg Institute legitimate?
Steinberg Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Steinberg Institute 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: $437,177
Professional Fundraising Fees: $21,866
Other Salaries and Wages: $566,689
For more financial information, click here
Official website here: www.steinberginstitute.org
What is the mission statement of Steinberg Institute?
The Steinberg Institute seeks to revolutionize California's mental health and substance use care systems through education, advocacy, accountability, and inspired leadership. Since its inception in 2015, the institute has been instrumental in enacting significant improvements in the state's mental health policy, such as securing funding for permanent supportive housing, peer certification, parity in insurance coverage for behavioral health conditions, and launching the 988 hotline. The institute envisions California setting the standards for the nation in prevention, treatment, and recovery, ensuring quality care and support for all individuals when, where, and for as long as they need it.
Official website here: www.steinberginstitute.org
Who is the CEO of Steinberg Institute?
Karen Larsen is the Founder of Steinberg Institute. The CEO's salary of Steinberg Institute is $197,917 and their total compensation is $226,870.
Official website here: www.steinberginstitute.org
What is the revenue of Steinberg Institute?
Steinberg Institute's revenue in 2022 was $579,075.
Official website here: www.steinberginstitute.org
Who are the executives of Steinberg Institute and what are their salaries?
The average compensation at Steinberg Institute during 2022 was $111,541. There are 9 employees and 12 volunteers at Steinberg Institute.
Here are 17 key members and their salaries (Steinberg Institute's CEO's salary is $197,917 and their total compensation is $226,870):
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- Compensation: $197,917
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- Other: $9,876
Official website here: www.steinberginstitute.org
Where can I find the form 990 for Steinberg Institute?
Steinberg Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.steinberginstitute.org
Learn more at the official website: www.steinberginstitute.org
Mission Statement of Steinberg Institute
The Steinberg Institute, a nonprofit organization established in 2015, is dedicated to transforming California's mental health and substance use care systems. With a strong focus on education, advocacy, accountability, and inspired leadership, the Institute aims to bring about significant improvements in these areas.
The Institute's mission is multi-faceted, encompassing a broad range of objectives. It seeks to enhance the quality of care provided to individuals struggling with mental health issues and substance abuse, ensuring that they receive the support they need, when and where they need it. Through its efforts, California aspires to become a model for the nation in prevention, treatment, and recovery.
Since its inception, the Steinberg Institute has achieved notable milestones in California mental health policy. It has secured substantial funding for permanent supportive housing and care for individuals experiencing homelessness and living with mental health and substance use conditions. Moreover, it has advocated for parity in insurance coverage for behavioral health conditions, making it commensurate with physical health coverage. The Institute has also been instrumental in the launching of 988, a national suicide and crisis lifeline.
In essence, the Steinberg Institute envisions a future where California sets the standards for the nation in mental health and substance use care. It aspires for a world where all people receive quality care and support when they need it most.
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Impact
July, 2024
Steinberg Institute has made a significant impact in transforming California's mental health and substance use care systems through education, advocacy, accountability, and inspired leadership. Since its founding in 2015, the institute has played a key role in enacting sweeping improvements in California's mental health policy. This includes securing substantial funding for permanent supportive housing and care for individuals with mental health and substance use conditions experiencing homelessness, advocating for peer certification, ensuring parity in insurance coverage for behavioral health conditions, and spearheading the launch of 988 for mental health emergencies. By working towards their vision of setting the standard for the nation in prevention, treatment, and recovery, Steinberg Institute is ensuring that all Californians receive quality care and support when needed.
This information is meant to be a general summary of Steinberg Institute. 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: $915
- Gross Receipts: $579,075
Assets and Liabilities:
- Total Assets: $760,738
- Total Liabilities: $260,574
- Net Assets: $500,164
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Organization Details
Founding Year
2017
Phone
(916) 553-4167Principal Officer
Karen Larsen
Main Address
1121 L STREET 300, SACRAMENTO, CA, 95814
Website
www.steinberginstitute.orgNTEE Category
Code: F19 - Mental health
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