The Mental Health Fund Inc Dba Catawba Valley Healthcare

What it reported doing in 2024

Connections is a psychosocial rehabilitation clubhouse for adults with severe and persistent mental illness. Connections has 4 working units - kitchen, snack bar, employment, and clerical. Within these units, members and staff work together to do the necessary and meaningful work of the clubhouse. Connections offers a variety of employment opportunities and also provides opportunity for education and socialization. $532,848the actt program provides highly specialized case management and treatment services for challenging to severe consumers. These services are provided outside of the office setting and are continuous and long term. $529,343mobile crisis & emergency services programs (crisis services)help clients in short-term crisis situations involving psychological & emotional distress. $513,901peer support: a program of staff or volunteers who are in their own recovery process. They assist people with mental health/substance abuse issues to identify, obtain and achieve life goals as a part of their own recovery process. $1,069integrated care: a program established at cvbh to provide primary care to patients who are also receiving behavioral health services. The goal is to provide primary medical and behavioral health services to patients in one office location. $249,914jail services: this program funds peer staff and a licensed staff that provide services to inmates in the lincoln, catawba and burke jail facilities to assist them with obtaining services/support when release from jail. $702,292duke indigent care: a grant program to provide primary care with a behavioral diagnosis who are uninsured or underinsured. $204,542care management services : coordination of all services listed above on a client by client basis $175,312

Financial Efficiency

• Mission deployment rate: 71.9%; rating input score 72
• Program expense ratio: 67.5%; rating input score 67
• Fundraising efficiency: $411.41 raised per $1 spent on fundraising; rating input score 95; 95th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 2 of 6 controls in place; rating input score 33
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -5.7%; rating input score 19; 19th percentile among comparable filings
• Total-asset coverage ratio: 0.89; rating input score 33; 33rd percentile among comparable filings
• Liabilities to assets ratio: 0.15; rating input score 50; 50th percentile among comparable filings
• Officer compensation ratio: 6.6%; rating input score 43; 43rd percentile among comparable filings

Growth

• Program expense growth: 2.3% per year; rating input score 100; 23rd percentile among comparable filings
• Revenue growth: 2.5% per year; rating input score 100; 23rd percentile among comparable filings
• Asset growth: 6.2% per year; rating input score 100; 41st percentile among comparable filings