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Centerstone Foundation

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

EIN: 261186476 ✦ Nashville, TN ✦ Designated as a 501(c)(3)

Overview

What is Centerstone Foundation?

The Centerstone Foundation, based in Nashville, Tennessee, is a nonprofit organization committed to securing philanthropic resources to support Centerstone, a mental health and substance use disorder treatment provider. The Foundation's primary role is to provide effective stewardship of endowments and manage investments and disbursements. Its mission is to enhance the quality of life for individuals and families seeking care at Centerstone. With a workforce of approximately 9 employees, the Foundation supports various affiliates, including Centerstone of Florida, Centerstone of Illinois, Centerstone of Indiana, Centerstone of Tennessee, and more. These affiliates offer a wide range of mental health, addiction, and therapeutic foster care services to individuals and families across states including Florida, Illinois, Indiana, North Carolina, and Tennessee. The Centerstone Foundation's goal is to raise funds to support the work and mission of delivering care that changes people's lives.


Official website here: www.centerstone.org

Is Centerstone Foundation legitimate?

Centerstone Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Centerstone Foundation 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: $134,434
Professional Fundraising Fees: $0
Other Salaries and Wages: $633,524

For more financial information, click here


Official website here: www.centerstone.org

What is the mission statement of Centerstone Foundation?

The Centerstone Foundation is committed to securing philanthropic resources to support Centerstone's mission of delivering care that transforms people's lives, both now and in the future. The foundation aims to effectively manage endowments, including investments and disbursements, with the ultimate goal of improving the quality of life for individuals and families seeking care at Centerstone. The foundation's work is dedicated to providing care for more than 110,000 individuals annually, across various ages and demographics, offering mental health treatments, substance use disorder treatments, integrated primary care, therapeutic foster care, and supportive services. The foundation is accredited by CARF and the Joint Commission, demonstrating its commitment to delivering high-quality care.


Official website here: www.centerstone.org

Who is the CEO of Centerstone Foundation?

Ramona Rhodes is the Foundation President of Centerstone Foundation.


Official website here: www.centerstone.org

What is the revenue of Centerstone Foundation?

Centerstone Foundation's revenue in 2023 was $3,395,771.


Official website here: www.centerstone.org

Who are the executives of Centerstone Foundation and what are their salaries?

The average compensation at Centerstone Foundation during 2023 was $85,329. There are 9 employees and 11 volunteers at Centerstone Foundation.

Here are 12 key members and their salaries:

    Julie Spears (Regional Finance Officer)
  • Compensation: $0
  • Related: $156,380
  • Other: $23,821

    • Ramona Rhodes (Foundation President)
  • Compensation: $130,192
  • Related: $0
  • Other: $4,241

    • Bruce Barrick (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • R Parker Griffith (Board Trustee Through 6/23)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Golden (Board Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Mahler (Board Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carol Zwick (Board Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Timothy Knowles (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Voigt (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jack Wallace (Immediate Past Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brad Smith (Board Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Kevin Hamilton (Board Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.centerstone.org

    Where can I find the form 990 for Centerstone Foundation?

    The Centerstone Foundation’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.centerstone.org

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

    Mission Statement of Centerstone Foundation

    The Centerstone Foundation is a philanthropic organization dedicated to improving the quality of life for individuals and families seeking care. Its primary mission, as stated, is to "deliver care that changes people's lives." In pursuit of this objective, the Foundation secures philanthropic resources to support Centerstone's various affiliates and the people they serve, both presently and in the future. The Foundation also oversees the effective stewardship of endowments, including investments and disbursements.

    The Centerstone Foundation is an integral part of Centerstone, a nonprofit health system that provides mental health and substance use disorder treatments. Services are available across Florida, Illinois, Indiana, North Carolina, and Tennessee through outpatient clinics, residential programs, school-based services, telehealth, and an inpatient hospital. Centerstone also offers specialized programs across the United States for the military community, as well as services for children, including therapeutic foster care.

    In addition to its financial support, the Foundation provides guidance through research and technology, leveraging evidence-based practices for use across communities. This commitment to delivering care that transforms lives extends to the over 110,000 individuals and families Centerstone serves annually. The Foundation is accredited by CARF and The Joint Commission, ensuring the delivery of high-quality care.

    Impact

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




    Tuesday, June 18, 2024

    Centerstone Foundation is dedicated to delivering care that changes people's lives by securing philanthropic resources to support Centerstone's mission. They provide mental health and substance use disorder treatments through outpatient clinics, residential programs, and school-based services in multiple states. Centerstone Foundation impacts over 110,000 individuals and families annually, offering specialized programs for the military community and children. Through their affiliates, such as Centerstone of Florida and Centerstone of Tennessee, they provide a wide range of mental health services and therapeutic foster care. Additionally, their Research Institute works to bridge the gap between evidence and practice, enhancing patient care and advancing treatment for mental health and addiction disorders. Centerstone Foundation's work extends to supporting service members, veterans, and their families through dedicated military services.





    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 2023.

  • Investment Income: $206,197
  • Program Service Revenue: $0
  • Gross Receipts: $3,746,108

    • Assets and Liabilities:
  • Total Assets: $13,988,410
  • Total Liabilities: $127,355
  • Net Assets: $13,861,055
  • Organization Details

    Founding Year

    2007

    Principal Officer

    Ramona Rhodes

    Main Address

    44 VANTAGE WAY SUITE 400, NASHVILLE, TN, 37228

    NTEE Category

    Code: F11 - Mental health

    If you are a representative of Centerstone Foundation 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.