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Central Boston Elder Services Inc

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

EIN: 042546441 ✦ Boston, MA ✦ Designated as a 501(c)(3)

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Overview

What is Central Boston Elder Services Inc?

Central Boston Elder Services Inc is a nonprofit organization situated in Boston, Massachusetts. With a team of 157 employees, they specialize in providing essential home care services to eligible elderly clients residing in the Boston area. Their mission encompasses not only offering home care but also facilitating referrals and advocacy for the elderly population in need. Their primary aim is to improve the living conditions and wellbeing of elderly individuals by catering to their home care needs, ensuring they live comfortably and safely within their own homes.


Official website here: www.centralboston.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star rating)

Central Boston Elder Services Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The charity's overall score is driven entirely by its high marks in this category, which indicates that it is well-managed and financially responsible. The organization excels in maintaining an independent board, with 81% of its members being independent, and has a robust audit and oversight structure.

The financial health of Central Boston Elder Services Inc is highlighted by its low liabilities to assets ratio of 38.13%, which suggests a solid financial foundation. Furthermore, the organization efficiently allocates resources, demonstrated by a program expense ratio of 94.52%, indicating that a significant portion of its funds is directed towards its programs and services rather than administrative costs.

While the charity shows strong compliance with governance practices, including detailed policies on conflicts of interest and whistleblower protections, the analysis does not point out any notable limitations. Overall, Central Boston Elder Services Inc presents a trustworthy option for donors looking to support a well-rated nonprofit dedicated to serving the elder community.


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

Is Central Boston Elder Services Inc legitimate?

Central Boston Elder Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Boston 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: $359,808
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,249,603

For more financial information, click here


Official website here: www.centralboston.org

What is the mission statement of Central Boston Elder Services Inc?

Central Boston Elder Services Inc is dedicated to supporting the elderly population by providing essential home care services, referrals, and advocacy. Their mission is to enhance the lives of seniors in their community by delivering these crucial services. Through home care grants, they offer personalized assistance with daily tasks, enabling elderly clients to maintain their independence and improve their overall well-being. Additionally, they ensure access to valuable resources and advocacy when needed, promoting dignity and autonomy for the elderly population.


Official website here: www.centralboston.org

Who is the CEO of Central Boston Elder Services Inc?

Sylvia Exantus is the Director of Central Boston Elder Services Inc. The CEO's salary of Central Boston Elder Services Inc is $270,196 and their total compensation is $301,649.


Official website here: www.centralboston.org

What is the revenue of Central Boston Elder Services Inc?

Central Boston Elder Services Inc's revenue in 2022 was $78,568,134.


Official website here: www.centralboston.org

Who are the executives of Central Boston Elder Services Inc and what are their salaries?

The average compensation at Central Boston Elder Services Inc during 2022 was $67,576. There are 157 employees and 35 volunteers at Central Boston Elder Services Inc.


Here are 19 key members and their salaries (Central Boston Elder Services Inc's CEO's salary is $270,196 and their total compensation is $301,649):


Selwyn M Eccles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Francis (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Royal Bolling Jr (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Pierre-Louis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosa Beato (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Dickerson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pearline Williamson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monika Wahi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Roper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle B La Pointe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Ky Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Moy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rimma Zelfand (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leonard Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sylvia Exantus (Executive Director)
  • Compensation: $183,246
  • Related: $0
  • Other: $37,128
Michael Vance (Chief Executive Officer)
  • Compensation: $270,196
  • Related: $0
  • Other: $31,453
Doreen Lindsay (Director Of Human Resources)
  • Compensation: $150,871
  • Related: $0
  • Other: $21,278
Mila Latino (Director Of Ltss)
  • Compensation: $143,727
  • Related: $0
  • Other: $32,822
Jean Simone Lopez (Director Of Clinical Services)
  • Compensation: $129,456
  • Related: $0
  • Other: $27,320


Official website here: www.centralboston.org

Where can I find the form 990 for Central Boston Elder Services Inc?

Central Boston Elder Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.centralboston.org

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

Mission Statement of Central Boston Elder Services Inc

Central Boston Elder Services Inc is dedicated to making a significant difference in the lives of the elderly population residing in the Boston area. With a mission to provide home care services, referrals, and advocacy, this nonprofit organization goes above and beyond to ensure the elderly community receives the necessary support they deserve.

Central Boston Elder Services Inc focuses on delivering essential home care services tailored to the unique needs of the elderly population. Their expertise encompasses both home care and personal care, ensuring that eligible elderly clients receive the assistance they need to maintain their independence and improve their quality of life.

Beyond home care services, Central Boston Elder Services Inc extends its reach through valuable referrals and advocacy. This integral aspect of their mission empowers elderly clients to navigate complex systems and access the resources they need, ultimately leading to a more sustainable and fulfilling life. The organization's commitment to the elderly population is unwavering, as they continue to advocate for their clients and make a positive impact on their well-being.

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Impact




October, 2024

Central Boston Elder Services Inc significantly enhances the quality of life for the elderly population in the Boston area by providing essential home care services, referrals, and advocacy. Through their state home care grant, they ensure eligible elderly clients receive assistance with home care, personal care, and chore services tailored to their individual needs.

By focusing on delivering these crucial services, Central Boston Elder Services Inc alleviates the challenges faced by seniors, promoting their independence and well-being. Additionally, their advocacy efforts empower older adults by connecting them with resources and support systems that further enhance their living conditions.

Overall, the organization's work fosters a supportive community environment for the elderly, ensuring they remain engaged, connected, and cared for in their own homes.




This information is meant to be a general summary of Central Boston 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.

Revenue
$78,568,134 (2022)
Expenses
$77,451,871 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $107,652
  • Program Service Revenue: $78,324,113
  • Gross Receipts: $78,568,134

Assets and Liabilities:

  • Total Assets: $38,452,773
  • Total Liabilities: $13,592,202
  • Net Assets: $24,860,571

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Programs

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

CONTRACT INCOME

Revenue

$40,438,572

SCO AND OTHER INCOME

Revenue

$37,667,281

CLIENT FEES

Revenue

$218,260

Organization Details

Founding Year

1974

Principal Officer

Sylvia Exantus

Main Address

2315 WASHINGTON STREET, BOSTON, MA, 02119

NTEE Category

Code: P81Z - Human services

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