INSTITUTE FOR MENTAL HEALTH & WELLNESS

EIN: 814260130 501(c)(3)

RENTON, WA

Total Revenue
$5,937,052
Total Expenses
$13,581,003
Total Assets
$114,841,688
Net Assets
$107,705,375
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
WA
Principal Officer
ROD F HOCHMAN MD
Phone
4255253985
Tax Period
2020-01-01 to 2020-12-31

INSTITUTE FOR MENTAL HEALTH & WELLNESS, founded in 2016, is a community nonprofit that reported $5.9M in total revenue in fiscal year 2020. Revenue surged 59% from the prior year, signaling strong growth momentum. Expenses of $13.6M exceeded revenue, resulting in a 129% operating deficit.

Mission

AS EXPRESSIONS OF GOD'S HEALING LOVE, WITNESSED THROUGH THE MINISTRY OF JESUS, WE ARE STEADFAST IN SERVING ALL, ESPECIALLY THOSE WHO ARE POOR AND VULNERABLE.

Program Service Accomplishments

Program 1
Expenses: $12,025,557 Revenue: $0

PROVIDENCEAT PROVIDENCE, WE USE OUR VOICE TO ADVOCATE FOR VULNERABLE POPULATIONS AND NEEDED REFORMS IN HEALTH CARE. WE PURSUE INNOVATIVE WAYS TO TRANSFORM HEALTH CARE BY KEEPING PEOPLE HEALTHY, AND...

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PROVIDENCEAT PROVIDENCE, WE USE OUR VOICE TO ADVOCATE FOR VULNERABLE POPULATIONS AND NEEDED REFORMS IN HEALTH CARE. WE PURSUE INNOVATIVE WAYS TO TRANSFORM HEALTH CARE BY KEEPING PEOPLE HEALTHY, AND MAKING OUR SERVICES MORE CONVENIENT, ACCESSIBLE AND AFFORDABLE FOR ALL. IN AN INCREASINGLY UNCERTAIN WORLD, WE ARE COMMITTED TO HIGH-QUALITY, COMPASSIONATE CARE FOR EVERYONE REGARDLESS OF COVERAGE OR ABILITY TO PAY. WE HELP PEOPLE AND COMMUNITIES BENEFIT FROM THE BEST HEALTH CARE MODEL FOR THE FUTURE - TODAY.TOGETHER, OUR 120,000 CAREGIVERS (ALL EMPLOYEES) SERVE IN 51 HOSPITALS, 1,085 CLINICS AND A COMPREHENSIVE RANGE OF SERVICES ACROSS ALASKA, CALIFORNIA, MONTANA, NEW MEXICO, OREGON, TEXAS AND WASHINGTON. THE PROVIDENCE FAMILY INCLUDES:-PROVIDENCE ACROSS SEVEN WESTERN STATES-COVENANT HEALTH IN WEST TEXAS-PROVIDENCE FACEY MEDICAL FOUNDATION IN LOS ANGELES, CA-HOAG MEMORIAL HOSPITAL PRESBYTERIAN IN ORANGE COUNTY, CA-KADLEC IN SOUTHEAST WASHINGTON-PACIFIC MEDICAL CENTERS IN SEATTLE, WA-SWEDISH HEALTH SERVICES IN SEATTLE, WA2020 - AN UNPRECEDENTED YEAROVER THE PAST YEAR, OUR COMMUNITIES HAVE FACED EXTRAORDINARY CHALLENGES. BUT EVEN DURING THE MOST DIFFICULT PUBLIC HEALTH CRISIS OF OUR TIME, COMMUNITIES HAVE ALSO SHOWN REMARKABLE STRENGTH AND RESOLVE. THERE IS SO MUCH GOOD THAT CAN BE ACCOMPLISHED AT THE COMMUNITY LEVEL, ESPECIALLY WHEN LIKE-MINDED ORGANIZATIONS WORK TOGETHER. IN SERVICE TO OUR MISSION, PROVIDENCE PARTNERS WITH COMMUNITY-BASED ORGANIZATIONS TO IDENTIFY URGENT HEALTH NEEDS AND ENVIRONMENTAL FACTORS THAT ARE IMPACTING THE WELL-BEING OF OUR COMMUNITIES. WE ACT TO PROVIDE SHORT-TERM SOLUTIONS AND ENVISION LONG-TERM RESULTS BY WISELY INVESTING IN OUR COMMUNITIES TO HELP BUILD A MORE EQUITABLE AND SUSTAINABLE FUTURE. IN 2020, WE INVESTED $1.7 BILLION IN COMMUNITY BENEFIT ACROSS SEVEN REGIONS, TO SUPPORT ORGANIZATIONS, PROGRAMS AND INITIATIVES THAT CREATE LASTING CHANGE AT THE COMMUNITY LEVEL. THESE EFFORTS SEEK TO MITIGATE IMMEDIATE CHALLENGES WHILE FINDING SOLUTIONS TO DEEP-ROOTED PROBLEMS, IMPROVE ACCESS TO HEALTH CARE, AND ADVANCE INNOVATIVE CARE MODELS TO MEET THE EVOLVING NEEDS OF OUR COMMUNITIES.CARING FOR OUR COMMUNITIES HAS NEVER BEEN MORE IMPORTANT. TO ACHIEVE OUR VISION OF HEALTH FOR A BETTER WORLD, OUR PROVIDENCE FAMILY OF ORGANIZATIONS FOCUSED ON FOUR COMMUNITY INITIATIVES IN 2020:1 FOUNDATIONS OF HEALTH;2 REMOVING BARRIERS TO CARE;3 COMMUNITY RESILIENCE; AND4 INNOVATING FOR THE FUTURE.WE CHOSE THESE FOCUS AREAS BECAUSE THEY ARE ALL FOUNDATIONAL TO HEALTH AND WELL-BEING, REPRESENTING IDENTIFIED NEEDS THAT ARE INTEGRAL TO IMPROVING QUALITY OF LIFE. PROGRAM SERVICE ACCOMPLISHMENTS: INSTITUTE FOR MENTAL HEALTH & WELLNESS IDENTIFIES, DEVELOPS, AND ADVANCES INNOVATIVE SOLUTIONS IN MENTAL & BEHAVIORAL HEALTH RELATING TO AWARENESS, DIAGNOSIS AND TREATMENT. THE ORGANIZATION ALSO WORKS WITH MENTAL HEALTH ASSOCIATIONS & OTHER SIMILAR ORGANIZATIONS TO ENSURE INDIVIDUALS IN THE COMMUNITY HAVE GREATER ACCESS TO MENTAL HEALTH RESOURCES & SERVICES.

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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 (2020)

Revenue Breakdown

Contributions & Grants $687,947
Program Service Revenue $0
Investment Income $5,249,105
Other Revenue $0
TOTAL REVENUE $5,937,052

Expense Breakdown

Grants Paid $7,949,933
Salaries & Benefits $1,739,298
Fundraising Expenses $0
Program Expenses $12,025,557
Other Expenses $3,891,772
TOTAL EXPENSES $13,581,003

Year-over-Year Comparison

2020 2019 Change
Revenue $5,937,052 $3,741,863 +0.6%
Expenses $13,581,003 $10,894,167 +0.2%
Net Income $-7,643,951 $-7,152,304 +0.1%
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
6
Independent Members
2
Employees
N/A
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
4
$13,473,346
Total Directors
8
$27,292,120
Key Employees
4
$1,452,940
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROD F HOCHMAN MD PRESIDENT/CHAIR 1.00
Officer Director
$0 $813,801 $10,113,395
MIKE BUTLER DIRECTOR (PART YEAR) 1.00
Director
$0 $56,431 $8,764,668
DEBRA CANALES DIRECTOR 1.00
Director
$0 $691,108 $2,694,992
AMY COMPTON-PHILLIPS MD DIRECTOR 1.00
Director
$0 $533,089 $2,242,100
RHONDA MEDOWS MD DIRECTOR (PART YEAR) 1.00
Director
$0 $328,861 $2,143,321
CINDY STRAUSS FORMER SECRETARY 0.00
$0 $358,093 $2,103,634
JO ANN ESCASA-HAIGH VP/TREASURER (PART YEAR) 1.00
Officer
$0 $434,938 $1,746,592
JOEL GILBERTSON DIRECTOR 1.00
Director
$0 $226,050 $1,333,644
JIM WATSON ESQ SECRETARY 1.00
Officer
$0 $120,056 $864,537
TYLER NORRIS EXECUTIVE DIRECTOR/CEO WBT 40.00
Officer
$0 $109,324 $748,822
ARPAN WAGHRAY EXEC MED DIR SHS BEHAV HEALTH 10.00
Key Emp
$0 $49,483 $438,457
BEN MILLER CHIEF STRATEGY OFFICER WBT (PT-YR) 40.00
Key Emp
$0 $45,607 $438,293
ROBIN HENDERSON EXEC DIR BEHAVIORAL HEALTH 10.00
Key Emp
$0 $18,654 $322,750
GRAINGER MARBURG CHIEF OPERATING OFFICER WBT 40.00
Key Emp
$0 $25,844 $253,440
MAUREEN BISOGNANO DIRECTOR (PART YEAR) 1.00
Director
$0 $0 $0
TERRI LUDWIG DIRECTOR (PART YEAR) 1.00
Director
$0 $0 $0
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
2020 $5,937,052 $13,581,003 $114,841,688 $-7,643,951
2019 $3,741,863 $10,894,167 $113,570,818 $-7,152,304
2019 $3,741,863 $9,987,417 $113,570,818 $-6,245,554
2018 $4,051,844 $22,158,176 $111,595,999 $-18,106,332
2018 $4,051,844 $19,891,737 $111,595,999 $-15,839,893
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