TAZWOOD MENTAL HEALTH CENTER INC

EIN: 371278969 501(c)(3) Mental Health

URBANA, IL

Total Revenue
$6,057,739
Total Expenses
$4,652,592
Total Assets
$7,848,552
Net Assets
$6,837,046
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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
IL
Phone
2173833311
Tax Period
2023-01-01 to 2023-12-31

TAZWOOD MENTAL HEALTH CENTER INC, founded in 1991, is a community nonprofit in the Mental Health sector that reported $6.1M in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.4M, a strong 23% operating margin.

Mission

Tazwood Mental Health Center, Inc., d/b/a Tazwood Center for Wellness provides mental health and substance abuse services to residents of Tazewell, Woodford, Logan and surrounding counties in Illinois.

Program Service Accomplishments

Program 1
Expenses: $3,959,295 Revenue: $4,355,119

MENTAL HEALTH SERVICES TAZWOOD MENTAL HEALTH CENTER IS AN IMPORTANT ELEMENT OF THE HEALTH-CARE DELIVERY SYSTEM THE TAZEWELL, WOODFORD, LOGAN AND SURROUNDING COUNTIES RELY ON EVERY DAY. IT IS...

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MENTAL HEALTH SERVICES TAZWOOD MENTAL HEALTH CENTER IS AN IMPORTANT ELEMENT OF THE HEALTH-CARE DELIVERY SYSTEM THE TAZEWELL, WOODFORD, LOGAN AND SURROUNDING COUNTIES RELY ON EVERY DAY. IT IS COMMITTED TO PROVIDING QUALITY HEALTH CARE AND TO USING ITS RESOURCES TO THE GREATEST COMMUNITY BENEFIT. DURING 2023, TAZWOOD MENTAL HEALTH CENTER SERVED 3,840 UNIQUE INDIVIDUALS. THE ORGANIZATION PROVIDED 66,090 SERVICES FOR THE SAME TIME PERIOD TO THE VARIOUS POPULATIONS IT SERVES, WITH 7,638 BED DAYS AND 58,452 OUTPATIENT SERVICES. THE PSYCHIATRIC SERVICE PROGRAM PROVIDES INDIVIDUAL PSYCHOTHERAPY, PSYCHIATRY SERVICES, AND MEDICATION MONITORING FOR CLIENTS WITH A MENTAL ILLNESS. THE OUTPATIENT SUBSTANCE USE DISORDER PROGRAM PROVIDES DRUG AND ALCOHOL ADDICTION TREATMENT AND INDIVIDUAL, PEER AND GROUP COUNSELING TO CLIENTS WITH A SUBSTANCE USE DISORDER. THE OUTPATIENT MENTAL HEALTH PROGRAM PROVIDES PSYCHOTHERAPY, COUNSELING, AND CONSULTATION SERVICES TO CLIENTS WITH A MENTAL ILLNESS AND ANYONE EXPERIENCING EMOTIONAL HARDSHIPS AND STRUGGLES. OTHER SUPPORTED PROGRAMS INCLUDE: CASE MANAGEMENT, SUPERVISED RESIDENTIAL PROGRAM, TRANSITIONAL LIVING CENTER, EMERGENCY RESPONSE SERVICES, INDEPENDENT LIVING, SUPPORTIVE HOUSING, TOXICOLOGY, YOUTH IN-SCHOOL COUNSELOR THERAPY, COMMUNITY SUPPORT, AND HUD PROGRAM TO ASSIST WITH THE MANAGEMENT AND MAINTENANCE OF THOSE LIVING IN PERMANENT SUPPORTIVE HOUSING. THESE PROGRAMS ARE FUNDED BY THIRD-PARTY REIMBURSEMENT, SELF-PAY, ILLINOIS HFS, AND BY THE ILLINOIS DEPARTMENT OF HUMAN SERVICES. ALL SERVICES WERE PROVIDED REGARDLESS OF AN INDIVIDUAL'S RACE, CREED, SEX, NATIONALITY, AGE OR ABILITY TO PAY FOR SERVICES RENDERED. TAZWOOD MENTAL HEALTH CENTER'S COMMUNITY BASED PROGRAMS RECEIVED A 90% AVERAGE SCORE FOR LY TO RECOMMEND TO OTHERS" FOR 2023.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,627,334
Program Service Revenue $3,986,654
Investment Income $75,286
Other Revenue $368,465
TOTAL REVENUE $6,057,739

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,732,532
Fundraising Expenses $0
Program Expenses $3,959,295
Other Expenses $920,060
TOTAL EXPENSES $4,652,592

Year-over-Year Comparison

2023 2022 Change
Revenue $6,057,739 $4,632,482 +0.3%
Expenses $4,652,592 $4,110,711 +0.1%
Net Income $1,405,147 $521,771 +1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
8
Independent Members
7
Employees
86
Volunteers
N/A

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
12
$13,327,996
Total Directors
9
$337,582
Key Employees
2
$1,587,782
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A Vice Chair 1.0
Officer Director
$0 $0 $0
N/A Chair 1.0
Officer Director
$0 $0 $0
N/A Secretary/Treasurer 1.0
Officer Director
$0 $0 $0
N/A Trustee 1.0
Director
$0 $0 $0
N/A Trustee THRU 11/29/2023 1.0
Director
$0 $0 $0
N/A Trustee 1.0
Director
$0 $0 $0
N/A Trustee 1.0
Director
$0 $13,931 $337,582
N/A Trustee 1.0
Director
$0 $0 $0
N/A Trustee 1.0
Director
$0 $0 $0
N/A Officer - Chief Finance Officer, Trillium Place 13.0
Officer
$0 $14,452 $192,018
N/A Officer - President, Carle Health Regions // EVP, Chief Operating Officer 1.0
Officer
$0 $366,889 $1,762,884
N/A Officer - President & CEO 0.5
Officer
$0 $36,885 $5,726,886
N/A Chief Finance Officer 1.0
Officer
$0 $24,330 $339,225
N/A Officer - President 1.0
Officer
$0 $44,092 $1,672,937
N/A VP, Finance - West Region 1.0
Officer
$0 $11,595 $274,455
N/A Officer - President, Trillium Place 13.0
Officer
$0 $23,537 $372,620
N/A Officer - President // EVP, Chief Operating Officer 1.0
Officer
$0 $363,305 $1,930,637
N/A Officer - EVP, Chief Medical Officer 1.0
Officer
$0 $115,459 $1,056,334
N/A EVP, Chief Human Resources Officer 1.0
Key Emp
$0 $209,640 $1,155,351
N/A VP, Construction & Facility Services 1.0
Key Emp
$0 $68,059 $432,431
N/A Licensed Behavioral Health Professional 40.0
Highest
$127,574 $8,665 $147,069
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
2024 No data No data No data No data
2023 $6,057,739 $4,652,592 $7,848,552 $1,405,147
2022 $4,632,482 $4,110,711 $5,137,423 $521,771
2021 $4,169,266 $3,892,758 $4,653,543 $276,508
2020 $3,945,814 $3,512,660 $4,050,820 $433,154
2019 $3,725,592 $3,805,282 $3,509,446 $-79,690
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