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Psi Services Iii Inc

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

EIN: 223530036 ✦ Hyattsville, MD ✦ Designated as a 501(c)(3)

Overview

What is Psi Services Iii Inc?

Psi Services Iii Inc is a Hyattsville, Maryland-based nonprofit organization specializing in providing clinical case management services. With a team of 115 employees, they focus on family preservation, intervention, and stabilization, as well as family reunification, independent living, teen mother programs, and vocational preparation. Their mission involves working in partnership with state agencies under federal award programs from the United States Department of Health and Human Services (HHS), with the agencies matching funds to administer the programs effectively. Their services encompass foster care, adoption, and clinical cash management.


Official website here: www.psifamilyservices.com

Is Psi Services Iii Inc legitimate?

Psi Services Iii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Psi Services Iii 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.

Here are some key statistics you may want to consider:

Executive Compensation: $819,788
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,811,598

For more financial information, click here


Official website here: www.psifamilyservices.com

What is the mission statement of Psi Services Iii Inc?

Psi Services III Inc is dedicated to delivering clinical case management, foster care, and adoption services for various state agencies under the auspices of federal award programs managed by the United States Department of Health and Human Services (HHS). These state agencies partner with Psi Services III Inc to administer these programs by matching a percentage of the funds provided by HHS. The mission of Psi Services III Inc revolves around offering essential services that support the wellbeing and care of vulnerable populations.


Official website here: www.psifamilyservices.com

Who is the CEO of Psi Services Iii Inc?

Dr Sheila Pandit is the Chief Clinical Ofc of Psi Services Iii Inc. The CEO's salary of Psi Services Iii Inc is $154,241 and their total compensation is $154,241.


Official website here: www.psifamilyservices.com

What is the revenue of Psi Services Iii Inc?

Psi Services Iii Inc's revenue in 2022 was $12,032,950.


Official website here: www.psifamilyservices.com

Who are the executives of Psi Services Iii Inc and what are their salaries?

The average compensation at Psi Services Iii Inc during 2022 was $48,969. There are 115 employees at Psi Services Iii Inc.

Here are 10 key members and their salaries (Psi Services Iii Inc's CEO's salary is $154,241 and their total compensation is $154,241):

    Sadie Bianco (Chief Clinical Ofc)
  • Compensation: $197,666
  • Related: $0
  • Other: $0

    • Sheila Pandit (Ceo)
  • Compensation: $154,241
  • Related: $0
  • Other: $0

    • Shawn Rubbin (Chief Advancm. Ofc)
  • Compensation: $130,231
  • Related: $0
  • Other: $0

    • Steve O Mason (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melvin Williams (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vince Tolson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jean Samuel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tania Aglikin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Sandy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Antone Mcclure (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.psifamilyservices.com

    Where can I find the form 990 for Psi Services Iii Inc?

    The Psi Services Iii Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.psifamilyservices.com

    Learn more at the official website: www.psifamilyservices.com

    Mission Statement of Psi Services Iii Inc

    Psi Services III Inc, a renowned organization, is dedicated to delivering clinical case management, foster care, and adoption services under contracts with state agencies. These agencies, in turn, administer these programs utilizing funds from the United States Department of Health and Human Services (HHS) and matching funds from the state agencies.

    In essence, Psi Services III Inc plays a crucial role in supporting state agencies in managing federal award programs related to health and human services. By providing clinical case management, foster care, and adoption services, they contribute significantly to the welfare of vulnerable populations.

    The organization's mission is multifaceted. They begin by offering clinical case management services, which are essential for individuals receiving care and support. This service ensures that beneficiaries receive appropriate care, maintain their progress, and are connected with necessary resources. Furthermore, Psi Services III Inc extends its reach to foster care and adoption services, providing children in need with safe and nurturing environments. This commitment to the well-being of children, combined with their partnership with state agencies, enables HHS to effectively administer federal award programs.

    Impact

    This information is meant to be a general summary of Psi Services Iii Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Psi Services Iii Inc's impact is seen in their dedication to providing essential clinical case management, foster care, and adoption services to those in need. Through their programs such as family preservation, family intervention, stabilization, reunification, and visitation, as well as teen mother programs and vocational preparation, they are making a tangible difference in the lives of individuals and families. By working closely with state agencies under federal award programs, Psi Services Iii Inc is able to leverage resources and support systems to effectively meet the needs of their clients. Their focus on human services underscores their commitment to improving the well-being of vulnerable populations and contributing positively to society as a whole.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $0
  • Program Service Revenue: $10,544,705
  • Gross Receipts: $12,032,950

    • Assets and Liabilities:
  • Total Assets: $7,747,953
  • Total Liabilities: $6,984,474
  • Net Assets: $763,479
  • Programs

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

    Foster Care

    Revenue

    $2,987,885

    Mental Health & Dev.

    Revenue

    $7,257,493

    Other Social Service

    Revenue

    $299,327

    Organization Details

    Founding Year

    1996

    Principal Officer

    Dr Sheila Pandit

    Main Address

    8301 Professional Place East No 205, Hyattsville, MD, 20785

    NTEE Category

    Code: P400 - Human services

    If you are a representative of Psi Services Iii Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.