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Lifestream Behavioral Center Inc

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

EIN: 591561501 ✦ Leesburg, FL ✦ Designated as a 501(c)(3)

Overview

What is Lifestream Behavioral Center Inc?

Lifestream Behavioral Center Inc is a renowned nonprofit organization based in Florida, with a commitment to recovery, health, and hope. They have made significant strides in various areas, including mental health and substance use disorders. Lifestream's innovative 16-bed residential program, "Road to Home," helps individuals transition from costly psychiatric hospitals to their local communities. They pioneered the first Medication-Assisted Treatment for consumers struggling with drug and alcohol addictions. When vital services were at risk of closure, Lifestream stepped in to keep them going, such as the Juvenile Treatment Alternatives for Safer Communities (TASC) program. Additionally, they have received recognition as a national leader in integrated primary/behavioral healthcare, with grants from the Substance Abuse and Mental Health Services Administration to open an integrated behavioral health/primary care clinic in Clermont, FL. They care for pregnant and post-partum women with substance use disorders and their children at Anthony House. Lifestream also partners with the Eustis Community Foundation to establish The Open Door, a day shelter for homeless individuals in the Eustis area. Their long partnership with the Lake County School Board continues through the Lifestream Lake Academies, serving youngsters with serious emotional and behavioral disorders and their families. Lifestream's dedication to creating a tobacco-free environment led them to become a leading community in the cessation of tobacco use for consumers and staff. They also lead their Zero Suicide Initiative to eliminate teen suicides through education, improved screening, early intervention, and care coordination. The ongoing efforts to enhance consumers' experiences and health outcomes while lowering costs led to the creation of Progress Health Systems, Inc., a nonprofit health system designed to help affiliates increase revenues and reduce costs in Central Florida.


Official website here: www.lsbc.net

Is Lifestream Behavioral Center Inc legitimate?

Lifestream Behavioral Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lifestream Behavioral Center 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: $471,072
Professional Fundraising Fees: $0
Other Salaries and Wages: $30,683,940

For more financial information, click here


Official website here: www.lsbc.net

What is the mission statement of Lifestream Behavioral Center Inc?

Lifestream Behavioral Center Inc is dedicated to supporting recovery, promoting health, and creating hope for individuals with various behavioral health and substance use disorders. The organization has received recognition and funding from state legislatures and corporate entities for its innovative programs. One notable program, "Road to Home," helps individuals transition from costly long-term psychiatric hospitals to their local communities. Lifestream also established Florida's first Medication-Assisted Treatment program for substance abuse disorders, providing therapy for those involved in the criminal justice system. When a vital service was about to close, Lifestream stepped in to keep it going and growing, such as the Juvenile Treatment Alternatives for Safer Communities (TASC) program. Furthermore, Lifestream leads initiatives to improve overall healthcare, like the integration of primary and behavioral health care clinics, tobacco cessation programs, and suicide prevention initiatives.


Official website here: www.lsbc.net

Who is the CEO of Lifestream Behavioral Center Inc?

Rick Hankey is the President & of Lifestream Behavioral Center Inc.


Official website here: www.lsbc.net

What is the revenue of Lifestream Behavioral Center Inc?

Lifestream Behavioral Center Inc's revenue in 2022 was $60,115,627.


Official website here: www.lsbc.net

Who are the executives of Lifestream Behavioral Center Inc and what are their salaries?

The average compensation at Lifestream Behavioral Center Inc during 2022 was $27,474. There are 1,134 employees and 10 volunteers at Lifestream Behavioral Center Inc.

Here are 19 key members and their salaries:

    Jonathan Cherry (President &) [Trustee/Director]
  • Compensation: $320,638
  • Related: $0
  • Other: $16,391

    • Abid Darr (Psychiatrist)
  • Compensation: $311,496
  • Related: $0
  • Other: $18,348

    • Thomas Valente (Medical Dire)
  • Compensation: $257,228
  • Related: $0
  • Other: $15,071

    • Miguel Correa (Psychiatrist)
  • Compensation: $244,930
  • Related: $0
  • Other: $14,699

    • Edgar Walker (Psychiatrist)
  • Compensation: $215,444
  • Related: $0
  • Other: $14,147

    • Richard Wallace (Psychiatrist)
  • Compensation: $191,240
  • Related: $0
  • Other: $10,378

    • Carol Dozier (Chief Financ)
  • Compensation: $128,219
  • Related: $0
  • Other: $5,823

    • Dr Heather Bigard (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bruce Duncan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Claire Hedgcock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Hill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul M Johns (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Doug Childers Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Charles Mojock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Frank Pelot (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bruce Saylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jon Simpson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Sleaford (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lsbc.net

    Where can I find the form 990 for Lifestream Behavioral Center Inc?

    The Lifestream Behavioral Center Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.lsbc.net

    Learn more at the official website: www.lsbc.net

    Mission Statement of Lifestream Behavioral Center Inc

    Lifestream Behavioral Center Inc, a renowned organization, is dedicated to supporting recovery, promoting health, and creating hope for individuals struggling with mental health issues and substance use disorders. With a commitment to excellence recognized by the Florida State Legislature, Lifestream has received recurring funding for its innovative 16-bed residential program, "Road to Home," which helps individuals transition from costly state long-term psychiatric hospitals to their local communities.

    Lifestream's groundbreaking initiatives extend beyond Florida as it was chosen by the Florida Department of Children and Families and the Florida Alcohol and Drug Abuse Association to provide medication-assisted therapy to persons with substance abuse disorders who are also involved with the criminal justice system. When the Juvenile Treatment Alternatives for Safer Communities (TASC) program was about to close, Lifestream took the lead in keeping this vital service going and growing. Furthermore, Lifestream's recognition as a national leader in integrated primary/behavioral health care earned them a second grant to open an integrated behavioral health/primary care clinic, reducing hospital and emergency room admission rates by providing primary care and care coordination services to individuals with severe and chronic mental illness.

    In addition to these achievements, Lifestream established a vital fifteen-bed residential program at Anthony House to care for pregnant and post-partum women with substance use disorders and their children. Partnering with the Eustis Community Foundation, Lifestream also runs The Open Door, a day shelter for homeless persons living in the Eustis area. The program serves an average of 25 homeless individuals and family members daily. Lifestream's Long Partnership with the Lake County School Board continues to serve youngsters with serious emotional and behavioral disorders through the Lake Academies, involving kids' families through the Strong United Resilient Families (SURF) program. Lifestream has been selected by its managing entity to lead its Zero Suicide Initiative to eliminate teen suicides through education, improved screening, early intervention, and care coordination. With ongoing efforts to improve consumers' experiences and health outcomes while simultaneously lowering costs, Lifestream created Progress Health Systems, Inc., a nonprofit health system designed to help affiliates increase revenues and reduce costs in order to better serve individuals with mental illness and substance use disorders in Lake, Sumter, Marion, Citrus, Orange, Osceola, and Hernando Counties in Central Florida.

    Impact

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




    Thursday, August 15, 2024

    Lifestream Behavioral Center Inc has had a significant impact in supporting recovery, promoting health, and creating hope in Central Florida. Some key accomplishments include establishing innovative residential programs such as "Road to Home" that help individuals transition from psychiatric hospitals to their local communities, providing medication-assisted treatment for substance abuse disorders, and leading initiatives to prevent teen suicides.

    Additionally, Lifestream has been recognized by various organizations for its leadership in integrated primary/behavioral health care, its efforts to reduce tobacco use among consumers and staff, and its commitment to serving pregnant and postpartum women with substance use disorders.

    Through partnerships with the community and government agencies, Lifestream has been able to expand its services and provide vital support to homeless individuals, children with serious emotional and behavioral disorders, and individuals involved with the criminal justice system.

    Overall, Lifestream Behavioral Center Inc's comprehensive approach to improving the well-being of individuals with mental illness and substance use disorders has made a positive impact on the community by improving health outcomes and lowering costs.





    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: $248,886
  • Program Service Revenue: $14,922,375
  • Gross Receipts: $60,231,931

    • Assets and Liabilities:
  • Total Assets: $63,172,332
  • Total Liabilities: $17,819,095
  • Net Assets: $45,353,237
  • Programs

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

    NET PATIENT REVENUE

    Revenue

    $14,181,694

    OTHER OPERATING REVENUE

    Revenue

    $740,681

    Organization Details

    Founding Year

    1971

    Principal Officer

    Rick Hankey

    Main Address

    PO BOX 491000, LEESBURG, FL, 34749

    NTEE Category

    Code: F32 - Mental health

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