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Senior Hope Counseling Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 020570419 ✦ Albany, NY ✦ Designated as a 501(c)(3)

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Overview

What is Senior Hope Counseling Inc?

Senior Hope Counseling Inc, situated in Albany, New York at 650 Warren Street, is a nonprofit organization dedicated to providing support for older adults struggling with alcoholism and substance abuse. Their mission involves operating and maintaining a dependency counseling program specifically designed for this demographic. With a workforce of eight individuals, Senior Hope Counseling Inc aims to offer a comprehensive range of services to help older adults overcome these challenges, contributing to their overall well-being and improved quality of life.


Official website here: www.seniorhope.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star rating)

Senior Hope Counseling Inc has received a Three-Star rating from Charity Navigator, which reflects a solid level of accountability and financial health. The charity scored 81% overall, with its rating derived entirely from the Accountability & Finance beacon. This high score indicates that Senior Hope Counseling Inc has implemented strong financial practices and governance policies essential for maintaining transparency and trust with its donors and stakeholders.

The organization boasts a fully independent board, demonstrating a commitment to effective governance, as evidenced by their perfect score in board independence and size. Financially, they have reported no material diversion of assets and maintain transparency in financial statements, further enhancing their credibility. The program expense ratio of 76.68% suggests that a significant portion of their resources is directed towards their programs, which indicates a strong focus on their mission.

While the organization shows commendable strengths, it's important to note that the overall rating is based solely on the Accountability & Finance score. There could be additional dimensions of effectiveness and impact not captured by this rating. Prospective donors or supporters should consider exploring further aspects of the organization’s operations and program outcomes to gain a comprehensive understanding of its overall effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is Senior Hope Counseling Inc legitimate?

Senior Hope Counseling Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Senior Hope Counseling 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: $67,545
Professional Fundraising Fees: $0
Other Salaries and Wages: $258,415

For more financial information, click here


Official website here: www.seniorhope.org

What is the mission statement of Senior Hope Counseling Inc?

Senior Hope Counseling Inc's mission is centered around operating and maintaining a dependency counseling program, specifically tailored for older adults. This program aims to provide support for individuals struggling with substance abuse issues, such as alcoholism. The organization's goal is to offer a safe and effective environment where older adults can seek help and begin their journey towards recovery. The counseling program may include various therapeutic approaches, education, and resources to help individuals overcome their substance abuse challenges. Senior Hope Counseling Inc's mission is devoted to improving the lives of older adults by addressing substance abuse issues and promoting healing and recovery.


Official website here: www.seniorhope.org

Who is the CEO of Senior Hope Counseling Inc?

Nicole Macfarland Ph D is the Principal Officer of Senior Hope Counseling Inc. The CEO's salary of Senior Hope Counseling Inc is $70,539 and their total compensation is $70,539.


Official website here: www.seniorhope.org

What is the revenue of Senior Hope Counseling Inc?

Senior Hope Counseling Inc's revenue in 2022 was $662,687.


Official website here: www.seniorhope.org

Who are the executives of Senior Hope Counseling Inc and what are their salaries?

The average compensation at Senior Hope Counseling Inc during 2022 was $40,745. There are 8 employees at Senior Hope Counseling Inc.


Here are 9 key members and their salaries (Senior Hope Counseling Inc's CEO's salary is $70,539 and their total compensation is $70,539):


Richard P Sherwin (Chair & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
W Brian Barr (Chair-On Leave Of Absence)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert M Conway Jr (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
James F Carriero (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Stack (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Willie Mae Ferguson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adele Strominger Md (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Traynham (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Macfarland Phd (Chief Executive Director)
  • Compensation: $70,539
  • Related: $0
  • Other: $0


Official website here: www.seniorhope.org

Where can I find the form 990 for Senior Hope Counseling Inc?

Senior Hope Counseling Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.seniorhope.org

Learn more at the official website: www.seniorhope.org

Mission Statement of Senior Hope Counseling Inc

Senior Hope Counseling Inc is committed to operating and maintaining a dependency counseling program specifically designed for older adults. The organization's mission is to provide a supportive environment and resources for seniors struggling with substance abuse issues, including alcoholism. By operating this program, Senior Hope Counseling Inc aims to help older adults overcome their addictions and lead healthier, more fulfilling lives. The organization's outpatient services focus on providing counseling and support to help individuals overcome their dependencies and develop coping mechanisms to maintain sobriety. Senior Hope Counseling Inc's mission is crucial in addressing the unique challenges faced by older adults struggling with substance abuse, providing them with the resources and support they need to overcome these challenges and improve their overall well-being.

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Impact




July, 2024

Senior Hope Counseling Inc's impact can be seen in its provision of alcoholism and substance abuse outpatient services specifically tailored for older adults in Albany, NY. By offering a dedicated dependency counseling program for this demographic, Senior Hope Counseling Inc is able to address the unique needs and challenges faced by older individuals struggling with addiction. The organization's focus on human services underscores its commitment to supporting the mental and emotional well-being of elderly individuals in their community, thereby making a positive impact on their lives and the broader society.




This information is meant to be a general summary of Senior Hope Counseling 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.

Revenue
$662,687 (2022)
Expenses
$565,127 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1
  • Program Service Revenue: $299,443
  • Gross Receipts: $662,687

Assets and Liabilities:

  • Total Assets: $1,090,656
  • Total Liabilities: $967,104
  • Net Assets: $123,552

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

INSURANCE

Revenue

$181,413

MEDICAID MANAGED CARE

Revenue

$47,883

NYS DOH MEDICAID

Revenue

$32,654

MEDICARE

Revenue

$26,742

PATIENT COPAYS

Revenue

$10,751

Organization Details

Founding Year

2006

Principal Officer

Nicole Macfarland Ph D

Main Address

650 WARREN STREET, ALBANY, NY, 12208

NTEE Category

Code: P52 - Human services

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