Overview
What is Somerville-Cambridge Elder Services Inc?
Somerville-Cambridge Elder Services Inc is a non-profit organization located in Somerville, Massachusetts. With a team of 166 employees, they provide essential services to help older adults live independently in their chosen environment, regardless of income level. Established in 1972, the agency is dedicated to the community-based care movement for older adults. In 2022, they supported over 1,700 elders who are eligible for Mass Health coverage and at risk of long-term facility placement through their Community Choices Program, primarily funded by Medicaid. Their mission encompasses providing information, services, and advocacy to older adults and people with disabilities in their service communities, often working directly in their homes to assess needs and coordinate assistance.
Official website here: www.eldercare.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 81% - Three-Star out of Four Star rating
Somerville-Cambridge Elder Services Inc has earned an 81% rating, reflecting solid accountability and financial practices. The organization demonstrates a commitment to transparency, with 100% of its board members being independent and a strong program expense ratio of 95.34%, indicating that the majority of its funding supports its programs directly.
The nonprofit has robust policies in place, including a conflict of interest policy, whistleblower policy, and proper document management practices, all of which contribute positively to its accountability score. The lack of any material diversion of assets further underscores its responsible management and governance.
While the rating is favorable, it is essential to note that the overall score is based solely on accountability and finance metrics. Future evaluations could benefit from additional insights into the organization's programmatic impact and community engagement efforts to provide a more comprehensive view of its effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Somerville-Cambridge Elder Services Inc legitimate?
Somerville-Cambridge Elder Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Somerville-Cambridge Elder Services 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: $346,284
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,065,807
For more financial information, click here
Official website here: www.eldercare.org
What is the mission statement of Somerville-Cambridge Elder Services Inc?
Somerville-Cambridge Elder Services Inc is a non-profit organization dedicated to helping older adults live independently in their preferred setting. Established in 1972, the agency is part of a national movement to provide community-based services and supports for older adults. Its mission is focused on enabling people to age in place, regardless of income level. The organization offers information, services, and advocacy to thousands of older adults, caregivers, and individuals with disabilities in various communities. Often, they work directly in people's homes to assess needs and coordinate assistance.
Official website here: www.eldercare.org
Who is the CEO of Somerville-Cambridge Elder Services Inc?
Marta Corvelo is the Executive Di of Somerville-Cambridge Elder Services Inc.
Official website here: www.eldercare.org
What is the revenue of Somerville-Cambridge Elder Services Inc?
Somerville-Cambridge Elder Services Inc's revenue in 2022 was $36,932,292.
Official website here: www.eldercare.org
Who are the executives of Somerville-Cambridge Elder Services Inc and what are their salaries?
The average compensation at Somerville-Cambridge Elder Services Inc during 2022 was $50,675. There are 166 employees and 316 volunteers at Somerville-Cambridge Elder Services Inc.
Here are 20 key members and their salaries:
- Compensation: $182,698
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- Other: $18,583
- Compensation: $148,176
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- Other: $16,893
- Compensation: $130,695
- Related: $0
- Other: $15,839
- Compensation: $126,504
- Related: $0
- Other: $12,324
- Compensation: $104,304
- Related: $0
- Other: $14,794
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Official website here: www.eldercare.org
Where can I find the form 990 for Somerville-Cambridge Elder Services Inc?
Somerville-Cambridge Elder Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.eldercare.org
Learn more at the official website: www.eldercare.org
Mission Statement of Somerville-Cambridge Elder Services Inc
Somerville-Cambridge Elder Services Inc, a renowned non-profit agency, is dedicated to helping older adults live independently in their preferred settings, regardless of income level. Established in 1972, this organization is part of a national movement advocating for community-based services and supports for older adults.
Throughout its mission, Somerville-Cambridge Elder Services Inc focuses on enabling people to age in place. The agency offers a range of information, services, and advocacy to thousands of older adults, caregivers, and people with disabilities in their communities. This assistance often extends to the clients' homes, where the organization assesses needs and coordinates assistance.
The primary goal of this mission is to empower older adults to maintain their independence and improve their quality of life. By providing essential resources and support, Somerville-Cambridge Elder Services Inc helps older adults navigate various challenges that come with aging. The organization's dedicated team works tirelessly to ensure that the older adult population receives the care and assistance they need, allowing them to live with dignity and autonomy in their own homes.
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Impact
October, 2024
Somerville-Cambridge Elder Services Inc plays a vital role in supporting older adults and their caregivers, enabling them to live independently in their preferred environments. Established in 1972, the agency provides essential information, services, and advocacy aimed at empowering older individuals, regardless of their income levels.
One significant impact of the agency is its Community Choices Program, which delivered home care support to 1,724 elders eligible for MassHealth coverage in the fiscal year 2022. This program is crucial for individuals at risk of being placed in long-term care facilities, as it fosters an environment where they can remain in their own homes while receiving necessary assistance.
By facilitating access to community-based services and supports, Somerville-Cambridge Elder Services Inc not only helps older adults maintain their independence but also enhances their quality of life. The organization's dedication to understanding individual needs and coordinating tailored assistance demonstrates its commitment to serving the diverse population within its communities. Through these efforts, the agency significantly contributes to the well-being and dignity of older adults, caregivers, and people with disabilities in Somerville and Cambridge, MA.
This information is meant to be a general summary of Somerville-Cambridge Elder Services 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: $206,257
- Program Service Revenue: $5,681,427
- Gross Receipts: $37,797,164
Assets and Liabilities:
- Total Assets: $25,439,155
- Total Liabilities: $9,160,791
- Net Assets: $16,278,364
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$5,681,427
Organization Details
Founding Year
1972
Phone
(617) 628-2601Principal Officer
Marta Corvelo
Main Address
61 MEDFORD STREET 3RD FLOOR, SOMERVILLE, MA, 02143
Website
www.eldercare.orgNTEE Category
Code: P81 - Human services
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