Overview
What is Old Colony Elder Services Inc?
Old Colony Elder Services Inc is a Massachusetts-based nonprofit organization located at 144 Main Street, Brockton, MA, 02301. Dedicated to upholding the independence and dignity of older adults and individuals with disabilities, OCES offers essential information and services that foster healthy and safe living. The Senior Care Options Program, available to Medicaid-eligible seniors who may also qualify for Medicare, provides consumers with personalized healthcare plans tailored to their unique needs. With a team of 296 employees, Old Colony Elder Services is committed to supporting the well-being of older adults and individuals with disabilities.
Official website here: www.ocesma.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Stars
Old Colony Elder Services Inc has achieved a remarkable 96% rating from Charity Navigator, indicating strong accountability and financial health. This high score is attributed solely to their Accountability & Finance metrics, showcasing the organization’s commitment to transparency and effective governance.
The charity boasts a fully independent board, with all 20 members contributing to its strong oversight. Their financial practices are sound, with no material diversion of assets reported and a high program expense ratio of 94.08%, reflecting that the majority of funds are directed towards their mission-driven activities.
While the organization excels in many areas, the summary does not mention any specific weaknesses or areas for improvement. Overall, Old Colony Elder Services Inc appears to be a well-managed nonprofit dedicated to serving the elderly community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Old Colony Elder Services Inc legitimate?
Old Colony Elder Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Old Colony 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: $427,165
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,662,601
For more financial information, click here
Official website here: www.ocesma.org
What is the mission statement of Old Colony Elder Services Inc?
Old Colony Elder Services Inc is dedicated to enhancing the autonomy and respect of older adults and individuals with disabilities. Through their essential services and informative resources, they promote healthy and secure living situations for this demographic. The organization's Senior Care Options Program caters to seniors eligible for Medicaid, with potential eligibility for Medicare, and customizes healthcare plans based on their unique requirements.
Official website here: www.ocesma.org
Who is the CEO of Old Colony Elder Services Inc?
Nicole Long is the CEO of Old Colony Elder Services Inc The CEO's salary of Old Colony Elder Services Inc is $179,615 and their total compensation is $209,659.
Official website here: www.ocesma.org
What is the revenue of Old Colony Elder Services Inc?
Old Colony Elder Services Inc's revenue in 2024 was $75,187,842.
Official website here: www.ocesma.org
Who are the executives of Old Colony Elder Services Inc and what are their salaries?
The average compensation at Old Colony Elder Services Inc during 2024 was $47,123. There are 299 employees and 886 volunteers at Old Colony Elder Services Inc.
Here are 25 key members and their salaries (Old Colony Elder Services Inc's CEO's salary is $179,615 and their total compensation is $209,659):
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- Compensation: $179,615
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- Compensation: $103,043
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- Other: $27,969
Official website here: www.ocesma.org
Where can I find the form 990 for Old Colony Elder Services Inc?
Old Colony Elder Services Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.ocesma.org
Learn more at the official website: www.ocesma.org
Mission Statement of Old Colony Elder Services Inc
Old Colony Elder Services (OCES) is a dedicated organization that champions the independence and dignity of older adults and individuals with disabilities. Through essential information and services, OCES works towards promoting healthy and safe living for its beneficiaries.
In simple terms, Old Colony Elder Services' mission is to enhance the quality of life for older adults and individuals with disabilities by delivering vital resources and support. By providing personalized healthcare plans for seniors who are eligible for Medicaid and potentially Medicaid, OCES ensures that their consumers receive comprehensive care tailored to their unique requirements. This individualized approach empowers older adults and individuals with disabilities to maintain their autonomy and self-respect, while ensuring their safety and well-being.
Old Colony Elder Services' efforts are instrumental in enriching the lives of its clients, enabling them to live with dignity and independence in their own homes and communities. By focusing on the essentials of healthy living, OCES enables older adults and individuals with disabilities to thrive and continue contributing to their families and society.
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Impact
October, 2024
Old Colony Elder Services Inc significantly enhances the quality of life for older adults and individuals with disabilities. By providing essential information and services, they empower these populations to maintain their independence and dignity. The organization’s Senior Care Options Program plays a critical role in this mission, offering personalized healthcare plans for seniors eligible for Medicaid and potentially Medicare. This tailoring of services ensures that higher-quality care is accessible, promoting both healthy living and safety for vulnerable individuals. Operating in Brockton, MA, their commitment to supporting these communities fosters not only better health outcomes but also a greater sense of community well-being.
This information is meant to be a general summary of Old Colony 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 2024.
- Investment Income: $256,265
- Program Service Revenue: $71,605,162
- Gross Receipts: $75,397,940
Assets and Liabilities:
- Total Assets: $23,434,425
- Total Liabilities: $10,050,963
- Net Assets: $13,383,462
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SENIOR CARE OPTIONS
Revenue
$22,243,935
COMMUNITY CHOICES
Revenue
$15,407,651
STATE HOME CARE
Revenue
$13,792,616
ENHANCED COMMUNITY OPT
Revenue
$9,614,762
ADULT FAMILY CARE
Revenue
$3,407,303
Organization Details
Founding Year
1974
Principal Officer
Yolanda America
Website
www.ocesma.orgNTEE Category
Code: P81 - Human services
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