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Apt Foundation Inc

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

EIN: 237061218 ✦ New haven, CT ✦ Designated as a 501(c)(3)

Overview

What is Apt Foundation Inc?

The Apt Foundation Inc, based in New Haven, Connecticut, is a nonprofit organization dedicated to promoting health and recovery for individuals dealing with substance use disorders and mental illness. With a team of 382 employees, they offer treatment programs focusing on underserved populations. Their programs cater to adults, addressing a wide range of substance abuse, including opiates, cocaine, and alcohol, among others. They are partially funded by the Connecticut Department of Mental Health and Addiction Services and prioritize swift access to treatment. The Apt Foundation emphasizes engagement and retention strategies for individuals in the recovery process.


Official website here: www.aptfoundation.org

Is Apt Foundation Inc legitimate?

Apt Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Apt Foundation 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: $516,253
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,791,365

For more financial information, click here


Official website here: www.aptfoundation.org

What is the mission statement of Apt Foundation Inc?

The Apt Foundation Inc is dedicated to promoting health and recovery for individuals struggling with substance use disorders and mental illness. Their mission encompasses addressing the full spectrum of substance abuse, including opiates, cocaine, alcohol, and multiple addictions. The foundation prioritizes access to treatment for underserved populations and is committed to rapid access and the use of effective strategies to engage and retain individuals in their recovery process. Partially funded by the Connecticut Department of Mental Health and Addiction Services, the Apt Foundation's programs aim to provide comprehensive care for those in need.


Official website here: www.aptfoundation.org

What is the revenue of Apt Foundation Inc?

Apt Foundation Inc's revenue in 2022 was $34,071,289.


Official website here: www.aptfoundation.org

Who are the executives of Apt Foundation Inc and what are their salaries?

The average compensation at Apt Foundation Inc during 2022 was $47,926. There are 382 employees and 15 volunteers at Apt Foundation Inc.

Here are 18 key members and their salaries (Apt Foundation Inc's CEO's salary is $267,920 and their total compensation is $301,112):

    Lynn Madden (Ceo)
  • Compensation: $267,920
  • Related: $0
  • Other: $33,192

    • Julia M Shi (Medical Director Primary Care)
  • Compensation: $229,657
  • Related: $0
  • Other: $54,087

    • Michelle Michaud (Cfo/Treasurer)
  • Compensation: $184,810
  • Related: $0
  • Other: $12,345

    • Daniel Iead (Senior Director Residentail Services)
  • Compensation: $128,000
  • Related: $0
  • Other: $41,055

    • Kathryn F Eggert (Senior Director Legion)
  • Compensation: $118,810
  • Related: $0
  • Other: $41,497

    • Amanda Shackell (Aprn-Lead Psych, Prescriber)
  • Compensation: $142,682
  • Related: $0
  • Other: $9,831

    • Tina Burgett (Chief Human Resources Officer)
  • Compensation: $125,322
  • Related: $0
  • Other: $24,973

    • David Parachini (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Janet Ryan (Board Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jay Broderick (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Betty Levy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Erskine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Margolis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fred Erskine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ismene Petrakis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lucille Patrone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mitchell Gallignano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Valerie Goodkin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.aptfoundation.org

    Where can I find the form 990 for Apt Foundation Inc?

    The Apt Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.aptfoundation.org

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

    Mission Statement of Apt Foundation Inc

    The Apt Foundation Inc, a dedicated nonprofit organization, focuses on promoting health and recovery for individuals grappling with substance use disorders and/or mental illness. With a mission that emphasizes serving traditionally underserved populations, the Foundation offers a range of treatment programs to tackle the full spectrum of substance abuse, including opiates, cocaine, alcohol, and multiple addictions.

    Funded in part by the Connecticut Department of Mental Health and Addiction Services, the Apt Foundation Inc is deeply committed to ensuring rapid access to treatment and implementing strategies that effectively engage and retain individuals in their recovery journey. By prioritizing these efforts, the organization strives to make a meaningful impact on the lives of those it serves.

    In essence, the Apt Foundation Inc transforms lives by providing essential treatment services to individuals grappling with substance use disorders and mental health issues. Through its comprehensive approach, the organization offers a beacon of hope and renewed possibilities for a healthier, more stable future.

    Impact

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




    Thursday, August 15, 2024

    Apt Foundation Inc's impact is significant in promoting health and recovery for individuals living with substance use disorders and/or mental illness. The foundation provides treatment programs for traditionally underserved populations, addressing a full range of substances of abuse including opiates, cocaine, alcohol, and multiple addictions. The organization's commitment to rapid access to treatment and the utilization of strategies that engage and retain people in recovery is crucial in supporting individuals on their journey to wellness.





    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: $53
  • Program Service Revenue: $25,117,001
  • Gross Receipts: $34,125,536

    • Assets and Liabilities:
  • Total Assets: $21,404,749
  • Total Liabilities: $7,191,556
  • Net Assets: $14,213,193
  • Programs

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

    NET PATIENT SERVICE REVENUE

    Revenue

    $24,953,056

    PATIENT FEES

    Revenue

    $163,945

    Organization Details

    Founding Year

    1970

    Main Address

    1 Long Wharf Drive, New Haven, CT, 06511

    NTEE Category

    Code: F200 - Mental health

    If you are a representative of Apt Foundation 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.