Overview
What is The Longwood Collective Inc?
The Longwood Collective Inc, located at 375 Longwood Avenue, Boston, Massachusetts, is a nonprofit organization dedicated to managing parking and transportation services within the Longwood Medical Area (LMA) to ensure accessibility, safety, and convenience. With a mission to cooperate with the City of Boston and State of Massachusetts, this organization employs 21 individuals and contributes to the LMA community by fulfilling its exempt purposes as detailed in Schedule O.
Official website here: www.longwoodcollective.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Longwood Collective Inc has received an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The 96% score indicates that the organization demonstrates transparency and sound financial practices, which are critical for building trust among donors and stakeholders. The rating is derived solely from the Accountability & Finance beacon, showcasing the organization's dedication to fiscal responsibility.
Strengths of The Longwood Collective include a fully independent board comprised of 28 members, with 96% independence, ensuring diverse perspectives and governance. Additionally, the organization scored perfectly in various areas, such as financial statements, audit and oversight practices, and policies concerning conflicts of interest and whistleblower protections. The high program expense ratio of 91.77% further emphasizes their focus on effective program delivery, ensuring that the majority of funds are directed towards their mission.
While the rating reflects exceptional performance, it is crucial for potential donors to consider the broader impact and effectiveness of the programs offered by The Longwood Collective. The high accountability and financial management scores indicate robustness, but ongoing evaluation of program outcomes will be vital for sustained donor confidence and support.
This AI summary has been generated from information found on Charity Navigator.
Is The Longwood Collective Inc legitimate?
The Longwood Collective Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Longwood Collective 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: $845,422
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,885,548
For more financial information, click here
Official website here: www.longwoodcollective.org
What is the mission statement of The Longwood Collective Inc?
The Longwood Collective Inc is an organization with a mission to collaborate with city and state authorities in enhancing access, safety, and convenience within a designated area. Their primary focus is on managing parking and transportation services to further this objective. The corporation's activities are geared towards cooperating with local and state governments to ensure the smooth functioning of these essential services. By doing so, they aim to contribute to the overall well-being and convenience of the community. Their initiatives in managing parking and transportation are integral to their mission of making a difference in the lives of those using these services.
Official website here: www.longwoodcollective.org
Who is the CEO of The Longwood Collective Inc?
David Sweeney is the President & Ceo of The Longwood Collective Inc. The CEO's salary of The Longwood Collective Inc is $195,890 and their total compensation is $195,890.
Official website here: www.longwoodcollective.org
What is the revenue of The Longwood Collective Inc?
The Longwood Collective Inc's revenue in 2022 was $36,892,315.
Official website here: www.longwoodcollective.org
Who are the executives of The Longwood Collective Inc and what are their salaries?
The average compensation at The Longwood Collective Inc during 2022 was $130,046. There are 21 employees and 27 volunteers at The Longwood Collective Inc.
Here are 38 key members and their salaries (The Longwood Collective Inc's CEO's salary is $195,890 and their total compensation is $195,890):
- Compensation: $410,870
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- Other: $28,623
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- Compensation: $292,581
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- Other: $57,660
- Compensation: $267,154
- Related: $0
- Other: $55,902
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- Compensation: $220,057
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- Other: $52,652
- Compensation: $209,469
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- Other: $3,592
- Compensation: $109,258
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- Other: $37,202
- Compensation: $100,808
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- Other: $24,203
- Compensation: $219,901
- Related: $0
- Other: $51,523
- Compensation: $195,890
- Related: $0
- Other: $0
Official website here: www.longwoodcollective.org
Where can I find the form 990 for The Longwood Collective Inc?
The Longwood Collective Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.longwoodcollective.org
Learn more at the official website: www.longwoodcollective.org
Mission Statement of The Longwood Collective Inc
The Longwood Collective Inc is a mission-driven organization that focuses on managing parking and transportation services within the Longwood Medical Area (LMA) in collaboration with the City of Boston and the State of Massachusetts. In line with its mission, The Longwood Collective works towards enhancing access, safety, and convenience within the LMA. By taking on this role, the organization contributes significantly to the overall functioning of the medical area, ensuring a smooth experience for patients, visitors, and staff.
The Longwood Collective's primary goal is to cooperate with the city and state authorities regarding their responsibilities within the LMA. By providing effective parking and transportation solutions, the organization enables easier access to medical facilities and appointments for individuals who need it most. Moreover, The Longwood Collective's efforts in managing transportation services contribute to the overall safety within the medical area, making it more convenient for those who rely on it for their daily needs.
The Longwood Collective's commitment to its mission extends beyond the practical aspects of parking and transportation. By working closely with the City of Boston and the State of Massachusetts, The Longwood Collective plays an essential role in maintaining the integrity and functionality of the Longwood Medical Area. The organization's dedication to access, safety, and convenience is crucial in supporting the delivery of healthcare services and ensuring a positive experience for all those involved.
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Impact
October, 2024
The Longwood Collective Inc significantly enhances accessibility and convenience within the Longwood Medical Area (LMA) in Boston, through its management of parking and transportation services. By collaborating closely with the City of Boston and the State of Massachusetts, the organization contributes to improved safety and efficient transportation options, benefiting not only those who work and visit the LMA but also the broader community. Its efforts are vital in ensuring that the medical facilities in the area are easily reachable, thereby supporting public health initiatives and enhancing patient care experiences. The focus on coordinated access fosters a healthier environment by minimizing transportation barriers, which is crucial in a region dedicated to health and wellness.
This information is meant to be a general summary of The Longwood Collective 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: $4,341,911
- Program Service Revenue: $31,828,962
- Gross Receipts: $42,566,964
Assets and Liabilities:
- Total Assets: $151,500,376
- Total Liabilities: $79,882,520
- Net Assets: $71,617,856
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICES
Revenue
$31,828,962
Organization Details
Founding Year
1972
Phone
(617) 632-2310Principal Officer
David Sweeney
Main Address
375 LONGWOOD AVENUE, BOSTON, MA, 02215
Website
www.longwoodcollective.orgNTEE Category
Code: E030 - Health
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