Overview
What is Hrca Brookline Housing 1550 Beacon Plaza Inc?
Hrca Brookline Housing 1550 Beacon Plaza Inc., also known as The Diane and Mark Goldman Family Residences, is a nonprofit organization situated in Boston, Massachusetts. The organization offers 175 senior apartments, with 60% being subsidized and 40% available at market rates. The community provides various programs, amenities, and support services, such as a Harvard Medical School-affiliated medical practice, a fitness center, transportation, social workers, and more. All apartments feature 24-hour live-in maintenance staff and offer expansive views of Boston's skyline. The housing complex is located in Coolidge Corner, providing easy access to nearby shopping centers, restaurants, and public transportation. The mission of this nonprofit is to provide affordable, supportive residential housing for low-income seniors, fostering an environment that values individuality, respect, and self-fulfillment.
Official website here: www.hebrewseniorlife.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 66% (Two-Star out of Four Star rating)
Hrca Brookline Housing 1550 Beacon Plaza Inc has received a Two-Star rating due to its 66% score, indicating some concerns regarding its accountability and financial practices. The organization demonstrated solid performance in several areas, including a perfect score for its financial statements and the existence of policies regarding conflict of interest and whistleblower protections. However, the lack of independent board members and issues related to board size raise questions about governance.
Strengths of the organization include a high program expense ratio, suggesting that a significant portion of its funding is directed toward its programs. Additionally, the organization has policies in place for document retention and oversight, which are crucial for transparency. Despite these strengths, the nonprofit's performance in areas like liabilities to assets ratio and the posting of tax forms on its website was notably poor, indicating potential weaknesses in financial management.
Overall, while Hrca Brookline Housing has established certain effective practices, the areas needing improvement, particularly in governance and transparency, contribute to its less favorable rating. Prospective donors and supporters should consider these aspects when evaluating their contributions or support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Hrca Brookline Housing 1550 Beacon Plaza Inc legitimate?
Hrca Brookline Housing 1550 Beacon Plaza Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hrca Brookline Housing 1550 Beacon Plaza Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $734,628
For more financial information, click here
Official website here: www.hebrewseniorlife.org
What is the mission statement of Hrca Brookline Housing 1550 Beacon Plaza Inc?
Hrca Brookline Housing 1550 Beacon Plaza Inc's mission is to operate affordable, supportive residential housing for low-income seniors. This living environment encourages individuality, respect, and fosters active and energetic lifestyles. It values volunteerism and participation, promoting self-fulfillment for its residents. The mission aims to foster a setting that encourages independence and personal growth. The organization offers a variety of programs, amenities, and support services, such as a medical practice, fitness center, transportation, social workers, and more, ensuring a comfortable living experience for its senior residents.
Official website here: www.hebrewseniorlife.org
Who is the CEO of Hrca Brookline Housing 1550 Beacon Plaza Inc?
Unavailable The CEO's salary of Hrca Brookline Housing 1550 Beacon Plaza Inc is $0 and their total compensation is $1,341,362.
Official website here: www.hebrewseniorlife.org
What is the revenue of Hrca Brookline Housing 1550 Beacon Plaza Inc?
Hrca Brookline Housing 1550 Beacon Plaza Inc's revenue in 2022 was $4,839,741.
Official website here: www.hebrewseniorlife.org
Who are the executives of Hrca Brookline Housing 1550 Beacon Plaza Inc and what are their salaries?
There 2 volunteers at Hrca Brookline Housing 1550 Beacon Plaza Inc.
Here are 16 key members and their salaries (Hrca Brookline Housing 1550 Beacon Plaza Inc's CEO's salary is $0 and their total compensation is $1,341,362):
- Compensation: $0
- Related: $491,138
- Other: $67,006
- Compensation: $0
- Related: $1,235,441
- Other: $105,921
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $301,494
- Other: $69,279
- Compensation: $0
- Related: $143,111
- Other: $17,398
- Compensation: $0
- Related: $189,655
- Other: $30,170
- Compensation: $0
- Related: $265,927
- Other: $65,210
- Compensation: $0
- Related: $417,284
- Other: $47,214
- Compensation: $0
- Related: $477,487
- Other: $72,832
- Compensation: $0
- Related: $429,739
- Other: $63,108
- Compensation: $0
- Related: $394,795
- Other: $97,648
- Compensation: $0
- Related: $522,494
- Other: $62,884
- Compensation: $0
- Related: $340,148
- Other: $60,767
- Compensation: $0
- Related: $305,525
- Other: $69,677
- Compensation: $0
- Related: $319,420
- Other: $115,600
Official website here: www.hebrewseniorlife.org
Where can I find the form 990 for Hrca Brookline Housing 1550 Beacon Plaza Inc?
Hrca Brookline Housing 1550 Beacon Plaza Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hebrewseniorlife.org
Learn more at the official website: www.hebrewseniorlife.org
Mission Statement of Hrca Brookline Housing 1550 Beacon Plaza Inc
Hrca Brookline Housing 1550 Beacon Plaza Inc, with the nickname The Diane and Mark Goldman Family Residences, is dedicated to operating affordable, supportive residential housing for low-income seniors. This nonprofit organization aims to create an environment that respects individuality, fosters active and energetic lifestyles, encourages independence and self-fulfillment, and values volunteerism and participation. The mission of Hrca Brookline Housing 1550 Beacon Plaza Inc is to provide senior residents with a living space that supports their needs and promotes their well-being.
Located in a senior-friendly city, Hrca Brookline Housing 1550 Beacon Plaza Inc offers 175 senior apartments, with 60% subsidized and 40% available at market rate. The community provides a wide range of programs, amenities, and support services to its residents. These offerings include a Harvard Medical School-affiliated medical practice, a fitness center, transportation, social workers, and much more. All apartments are equipped with 24-hour live-in maintenance staff and offer expansive views of Boston's skyline. The housing complex is situated in Coolidge Corner, providing easy access to nearby shopping centers, restaurants, and public transportation.
In summary, Hrca Brookline Housing 1550 Beacon Plaza Inc is a nonprofit organization committed to supporting low-income seniors by offering affordable housing and a variety of programs and services. The mission of this organization is to create an environment that promotes individuality, independence, and active lifestyles, fostering a sense of community and well-being for its senior residents.
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Impact
July, 2024
Hrca Brookline Housing 1550 Beacon Plaza Inc's impact is significant in providing affordable and supportive residential housing for low-income seniors in Boston. This organization offers 175 senior apartments, with 60% of them subsidized and 40% rented at market rate. The community provides a wide range of programs, amenities, and support services including a Harvard Medical School-affiliated medical practice, fitness center, transportation services, social workers, and more.
By creating an atmosphere that supports individuality, respect, active lifestyles, independence, and self-fulfillment, Hrca Brookline Housing 1550 Beacon Plaza Inc positively impacts the lives of low-income seniors. Additionally, their emphasis on volunteerism and participation fosters a sense of community and connectivity among residents. This organization's presence in Coolidge Corner with easy access to nearby amenities further enhances the quality of life for the seniors they serve.
This information is meant to be a general summary of Hrca Brookline Housing 1550 Beacon Plaza Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4,725
- Program Service Revenue: $4,781,774
- Gross Receipts: $4,839,741
Assets and Liabilities:
- Total Assets: $18,359,428
- Total Liabilities: $26,806,904
- Net Assets: -$8,447,476
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$4,737,469
LAUNDRY/ VENDING REVENUE
Revenue
$26,859
MEALS REVENUE
Revenue
$17,446
Organization Details
Founding Year
2001
Phone
(617) 325-8000Main Address
1200 CENTRE STREET, BOSTON, MA, 02131
Website
www.hebrewseniorlife.orgNTEE Category
Code: L25 - Housing
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