MENTAL HEALTH EMERGENCY CENTER INC

EIN: 870838415 501(c)(3) Health Care

MILWAUKEE, WI

Total Revenue
$20,542,861
Total Expenses
$17,346,119
Total Assets
$15,631,824
Net Assets
$14,388,757
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
WI
Principal Officer
ERIC CONLEY
Phone
4149663030
Tax Period
2023-01-01 to 2023-12-31

MENTAL HEALTH EMERGENCY CENTER INC, founded in 2021, is a mid-sized nonprofit in the Health Care sector that reported $20.5M in total revenue in fiscal year 2023. Revenue surged 59% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.2M, a strong 16% operating margin.

Mission

MHEC PROVIDES EMERGENCY CRISIS CARE THAT IS PATIENT-CENTERED, RECOVERY-ORIENTATED AND CULTURALLY INFORMED.

Program Service Accomplishments

Program 1
Expenses: $16,807,455 Revenue: $7,598,151

MENTAL HEALTH EMERGENCY CENTER INC. (MHEC) COMPLETED CONSTRUCTION AND BEGAN SERVING PATIENTS IN SEPTEMBER 2022. MHEC SERVES AS AN ANCHOR INSTITUTION IN ITS SURROUNDING NEIGHBORHOOD, PROVIDING...

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MENTAL HEALTH EMERGENCY CENTER INC. (MHEC) COMPLETED CONSTRUCTION AND BEGAN SERVING PATIENTS IN SEPTEMBER 2022. MHEC SERVES AS AN ANCHOR INSTITUTION IN ITS SURROUNDING NEIGHBORHOOD, PROVIDING INCREASED SAFETY, REVITALIZATION AND ECONOMIC BENEFITS. THROUGHOUT 2023, MHEC PROVIDED TIMELY EMERGENCY TREATMENT TO OVER 14,425 PATIENTS, WITH MANY OF THESE PATIENTS STABILIZED AT MHEC AND PROMPTLY TRANSFERRED TO THE NEXT LEVEL OF CARE. MHEC ALSO EMPLOYS ABOUT 95 FULL-TIME EQUIVALENT STAFF, WITH 69% OF THE HIRES FILLED BY PEOPLE OF COLOR, REPRESENTATIVE OF THE RACIAL AND ETHNIC BACKGROUNDS OF THE CLIENTS SERVED AT THE EMERGENCY CENTER.

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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 (2023)

Revenue Breakdown

Contributions & Grants $12,839,916
Program Service Revenue $7,598,151
Investment Income $104,794
Other Revenue $0
TOTAL REVENUE $20,542,861

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $16,807,455
Other Expenses $17,346,119
TOTAL EXPENSES $17,346,119

Year-over-Year Comparison

2023 2022 Change
Revenue $20,542,861 $12,934,352 +0.6%
Expenses $17,346,119 $8,972,355 +0.9%
Net Income $3,196,742 $3,961,997 -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

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
8
Independent Members
8
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
5
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NANCY KOROM VICE CHAIR (THRU NOV 2023)/ CHAIR 0.00
Officer Director
$0 $0 $0
MATTHEW FORTMAN SEC (4/23)/TRE (11/23)/VICE CHAIR 0.00
Officer Director
$0 $0 $0
JONATHAN MATUSZEWSKI TREASURER 0.00
Officer Director
$0 $0 $0
SHAKITA LAGRANT SECRETARY 0.00
Officer Director
$0 $0 $0
ERIC CONLEY SECRETARY (THRU NOV 2023)/DIRECTOR 0.00
Director
$0 $0 $0
CARRIE KILLORAN DIRECTOR 0.00
Director
$0 $0 $0
MICHAEL LAPPEN CHAIR (THRU NOV 2023)/ DIRECTOR 0.00
Director
$0 $0 $0
REGINALD NEWSON DIRECTOR (THRU MAY 2023) 0.00
Director
$0 $0 $0
MARIA PEREZ DIRECTOR 0.00
Director
$0 $0 $0
JIM TARASOVITCH TREASURER (THRU MAR 2023)/ DIRECTOR 0.00
Director
$0 $0 $0
KEVIN KLUESNER HOSP. ADMINISTRATOR (THRU MAR 2023) 0.00
Officer
$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
2024 No data No data No data No data
2023 $20,542,861 $17,346,119 $15,631,824 $3,196,742
2022 $12,934,352 $8,972,355 $12,697,958 $3,961,997
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