MENTAL HEALTH COOPERATIVE INC

EIN: 582018687 501(c)(3) Mental Health

NASHVILLE, TN

Total Revenue
$94,185,119
Total Expenses
$86,809,505
Total Assets
$153,539,808
Net Assets
$121,832,923
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
TN
Principal Officer
MICHELLE SCHAFER
Phone
6157431401
Tax Period
2024-07-01 to 2025-06-30

MENTAL HEALTH COOPERATIVE INC, founded in 1993, is a mid-sized nonprofit in the Mental Health sector that reported $94.2M in total revenue in fiscal year 2024. Expenses of $86.8M left a modest 8% surplus.

Mission

WE EMPOWER INDIVIDUALS AND FAMILIES TO LIVE HEALTHIER LIVES. THROUGH ENGAGEMENT IN OUR COLLABORATIVE APPROACH TO BEHAVIORAL HEALTH, PHYSICAL, AND SUBSTANCE USE SERVICES, INDIVIDUALS EXPERIENCE HOPE AND LIVE A FULFILLING LIFE AFTER DIAGNOSIS.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $15,733,005
Program Service Revenue $73,928,906
Investment Income $3,716,064
Other Revenue $807,144
TOTAL REVENUE $94,185,119

Expense Breakdown

Grants Paid $0
Salaries & Benefits $67,609,487
Fundraising Expenses $0
Program Expenses $69,561,719
Other Expenses $19,200,018
TOTAL EXPENSES $86,809,505

Year-over-Year Comparison

2024 2023 Change
Revenue $94,185,119 $91,841,431 +0.0%
Expenses $86,809,505 $85,753,305 +0.0%
Net Income $7,375,614 $6,088,126 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
1215
Volunteers
8

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
5
$1,248,784
Total Directors
8
$0
Key Employees
4
$1,142,965
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MYLES MACDONALD CHAIRMAN 1.00
Officer Director
$0 $0 $0
LISA WEBB SECRETARY 1.00
Officer Director
$0 $0 $0
BERRY HOLT BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN GOLDSTEIN BOARD MEMBER 1.00
Director
$0 $0 $0
MICKEY MCKAY BOARD MEMBER 1.00
Director
$0 $0 $0
WHITNEY RAINS BOARD MEMBER 1.00
Director
$0 $0 $0
MICAIL SAMIERE BOARD MEMBER 1.00
Director
$0 $0 $0
JESSICA WALKER BOARD MEMBER 1.00
Director
$0 $0 $0
MICHELLE SCHAFER CEO 40.00
Officer
$323,923 $5,887 $329,810
DAVID WILSON CFO 40.00
Officer
$494,212 $40,642 $534,854
ANDREA WESTERFIELD COO 40.00
Officer
$361,674 $22,446 $384,120
RUTH VANBERGEN SR. VP EPS 40.00
Key Emp
$262,190 $27,067 $289,257
COREY CRONRATH CMO 40.00
Key Emp
$185,114 $9,179 $194,293
MELANIE MUMMERT VP HR 40.00
Key Emp
$228,063 $22,835 $250,898
MARK WISNIEWSKI CDO/CIO 40.00
Key Emp
$378,695 $29,822 $408,517
ALI MOHSIN MEDICAL DIRECTOR 37.50
Highest
$519,158 $47,380 $566,538
RISSA IVENS MEDICAL DIRECTOR 37.50
Highest
$342,602 $30,130 $372,732
STEPHEN SPALDING PSYCHIATRIST 37.50
Highest
$336,232 $34,784 $371,016
PAUL RAGAN PSYCHIATRIST 37.50
Highest
$332,669 $30,988 $363,657
VINTEE NARANG PSYCHIATRIST 37.50
Highest
$325,292 $16,764 $342,056
PAM WOMACK CEO (ENDING 6/30/24) 40.00
$387,313 $24,045 $411,358
PEGGY HOFFMAN CAO/CCO (ENDING 5/7/24) 40.00
$112,797 $7,060 $119,857
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 $94,185,119 $86,809,505 $153,539,808 $7,375,614
2024 $91,841,431 $85,753,305 $136,046,483 $6,088,126
2023 $83,128,528 $77,379,339 $131,065,230 $5,749,189
2022 $84,758,678 $68,754,337 $113,623,919 $16,004,341
2021 $72,877,415 $61,185,850 $114,579,878 $11,691,565
2020 $64,841,419 $56,335,560 $89,372,856 $8,505,859
2019 $58,606,015 $49,843,120 $72,028,795 $8,762,895
2018 $54,599,163 $46,458,435 $71,025,655 $8,140,728
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