WELLMORE INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1951

Legal Domicile

Principal Officer

GARY STECK

Phone

2035749000

Tax Period

2022-07-01 to 2023-06-30

WELLMORE INC, founded in 1951, is a mid-sized nonprofit in the Mental Health sector that reported $20.6M in total revenue in fiscal year 2022. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $19.9M left a modest 3% surplus.

Mission

WELLMORE PROVIDES LIFETIME WELLNESS THROUGH ESSENTIAL AND INNOVATIVE TREATMENT AND SUPPORT.

Program Service Accomplishments

Program 1

Expenses: $6,099,299 Revenue: $2,486,088

INTENSIVE IN-HOME SERVICES: PROVIDING CLINICAL TREATMENT IN THE HOME USING DIFFERENT THERAPEUTIC MODELS INCLUDING THE FUNCTIONAL FAMILY THERAPY (FFT), CHILD FIRST, COMMUNITY SUPPORT FOR FAMILIES...

INTENSIVE IN-HOME SERVICES: PROVIDING CLINICAL TREATMENT IN THE HOME USING DIFFERENT THERAPEUTIC MODELS INCLUDING THE FUNCTIONAL FAMILY THERAPY (FFT), CHILD FIRST, COMMUNITY SUPPORT FOR FAMILIES (CSF), PARENTS AS TEACHERS (PAT), INTIMATE PARTNER VIOLENCE PROGRAM (IPV), AND THE MULTISYSTEMIC THERAPY (MST) - BUILDING STRONGER FAMILIES (BSF). THIS GROUPING INCLUDES OUR IICAPS PROGRAM THAT WORKS IN COLLABORATION WITH YALE UNIVERSITY'S CHILD STUDY CENTER ON THE PREMISE TO HELP PREVENT CHILDREN AND ADOLESCENTS FROM PSYCHIATRIC HOSPITALIZATION OR INSTITUTIONALIZATION IN ADDITION TO ALSO SUPPORTING YOUTH AND THEIR FAMILIES COMING OUT OF THESE HIGHER LEVEL SETTINGS.

Program 2

Expenses: $3,471,873 Revenue: $871,137

RESIDENTIAL SERVICES: PROVIDING OTHER MENTAL HEALTH AND RESIDENTIAL SERVICES AT ONE THERAPEUTIC GROUP HOMES FOR BOYS UNDER THE AGE OF 18. A RECOVERY HOUSE FOR MEN OVER THE AGE OF 18. WOMEN AND...

RESIDENTIAL SERVICES: PROVIDING OTHER MENTAL HEALTH AND RESIDENTIAL SERVICES AT ONE THERAPEUTIC GROUP HOMES FOR BOYS UNDER THE AGE OF 18. A RECOVERY HOUSE FOR MEN OVER THE AGE OF 18. WOMEN AND CHILDREN'S PROGRAM PROVIDES INTERMEDIATE AND LONG-TERM SUBSTANCE ABUSE AND/OR MENTAL HEALTH DISORDERS RESIDENTIAL TREATMENT FOR PREGNANT OR PARENTING WOMEN AND THEIR CHILD. A RESIDENTIAL FACILITY HOUSING ADULT MEN WHO ARE WAITING FOR ACCESS INTO PROGRAMS THAT PROVIDE A HIGHER LEVEL OF CARE WHILE ATTENDING TREATMENT SERVICES PROVIDED AND CASE MANAGEMENT.

Program 3

Expenses: $3,624,123 Revenue: $1,644,828

OUTPATIENT SERVICES: SERVING ADULTS, CHILDREN, YOUTH AND FAMILIES IN A WIDE RANGE OF OUTPATIENT MENTAL HEALTH, SUBSTANCE DEPENDENCY OR CO-OCCURRING SUBSTANCE DEPENDENCY AND MENTAL HEALTH. SERVICE...

OUTPATIENT SERVICES: SERVING ADULTS, CHILDREN, YOUTH AND FAMILIES IN A WIDE RANGE OF OUTPATIENT MENTAL HEALTH, SUBSTANCE DEPENDENCY OR CO-OCCURRING SUBSTANCE DEPENDENCY AND MENTAL HEALTH. SERVICE TYPES INCLUDING INDIVIDUAL, FAMILY AND GROUP THERAPY USING ESTABLISHED OUTCOME TREATMENT MODALITIES. OTHER VALUABLE SERVICES INCLUDE PSYCHIATRIC ASSESSMENTS AND MEDICATION MANAGEMENT. THE OASIS PROGRAM IS A PROGRAM OF THE STAYWELL HEALTH CENTER WHERE WELLMORE IS PROVIDING THE DIRECT CARE THROUGH A SUBCONTRACT AGREEMENT. THE PROGRAM IS AN OUTPATIENT SUBSTANCE ABUSE PROGRAM SPECIALIZING IN OPIOID ADDICTION USING SUBOXONE MEDICATION MANAGEMENT TREATMENT COMBINED WITH GROUP THERAPY INTERVENTIONS. THE OUTPATIENT SERVICES ARE DESIGNED TO PROMOTE POSITIVE MENTAL HEALTH AND IMPROVE FUNCTIONING WHILE DECREASING THE PREVALENCE OF AND INCIDENCE OF MENTAL ILLNESS AND/OR SUBSTANCE DEPENDENCY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $15,432,011

Program Service Revenue $5,209,959

Investment Income $-51,011

Other Revenue $-24,780

TOTAL REVENUE $20,566,179

Expense Breakdown

Grants Paid $28,212

Salaries & Benefits $15,268,254

Fundraising Expenses $183,594

Program Expenses $16,941,118

Other Expenses $4,613,456

TOTAL EXPENSES $19,909,922

Year-over-Year Comparison

	2022	2021	Change
Revenue	$20,566,179	$17,839,161	+0.2%
Expenses	$19,909,922	$17,372,485	+0.1%
Net Income	$656,257	$466,676	+0.4%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

320

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$328,318

Total Directors

Key Employees

$440,371

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR PETER JACOBY	DIRECTOR	1.00	Director	$0	$0	$0
ARMANDO PAOLINO III	DIRECTOR	1.00	Director	$0	$0	$0
SUERETTE BAILEY	DIRECTOR	1.00	Director	$0	$0	$0
CHERRIE L LAMB	DIRECTOR	1.00	Director	$0	$0	$0
NANCY BECKER	DIRECTOR (TO 09/30/2022)	1.00	Director	$0	$0	$0
DR MICHAEL ROKOSKY	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS R BUZZELLI	SECRETARY (TO 09/30/2022)	1.00	Officer Director	$0	$0	$0
FRANK J SCINTO	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
LORI TURMEL KECSKES	DIRECTOR	1.00	Director	$0	$0	$0
GLENN MACINNES	DIRECTOR	1.00	Director	$0	$0	$0
JAMES F NARDOZZI	PRESIDENT	1.00	Officer Director	$0	$0	$0
KATHLEEN BROCHHAUSEN	SECRETARY	1.00	Officer Director	$0	$0	$0
LINDA WIHBEY	DIRECTOR	1.00	Director	$0	$0	$0
XHEMIL JOHN KOLIANI	TREASURER	1.00	Officer Director	$0	$0	$0
GARY M STECK LMFT	CHIEF EXECUTIVE OFFICER	40.00	Officer	$232,033	$25,941	$257,974
ADRIANA ODICE	CFO/VP FINANCE & ADMIN	40.00	Officer	$66,801	$3,543	$70,344
CHRISTOPHER YOUNG MD	MEDICAL DIRECTOR	40.00	Key Emp	$385,328	$55,043	$440,371
KRISTIN PRACITTO	VICE PRESIDENT OF CHILD SERVICES	40.00	Highest	$141,206	$12,344	$153,550
BHAGYA REDDY	PSYCHIATRIST	25.00	Highest	$147,301	$0	$147,301
MORGAN MCCALMON	APRN	40.00	Highest	$131,028	$7,083	$138,111
RAYMOND GUNN	APRN	40.00	Highest	$131,178	$11,598	$142,776
GRACE WILKINS	APRN	40.00	Highest	$121,399	$5,624	$127,023

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$20,566,179	$19,909,922	$16,265,979	$656,257
2022	$17,839,161	$17,372,485	$12,187,353	$466,676
2021	$20,662,819	$17,871,090	$11,731,796	$2,791,729
2020	$18,178,794	$18,470,717	$11,389,831	$-291,923
2019	$19,336,140	$18,501,166	$9,360,349	$834,974
2018	$17,826,919	$17,549,235	$8,537,531	$277,684