Overview
What is South Central Mass Elderbus Inc?
South Central Mass Elderbus Inc is a nonprofit organization based in Charlton, Massachusetts, specifically at 124 Southbridge Road, 01507. The primary mission of this organization is to offer safe, reliable, and affordable transportation services to senior and disabled individuals residing within the twenty-one communities they serve. By fulfilling this core mission, South Central Mass Elderbus Inc provides more than just a transportation service; it also offers a measure of independence to a significant number of clients who might otherwise be confined at home. The organization operates under contract with the Worcester Regional Transit Authority. They currently employ 28 individuals.
Official website here: www.scmelderbus.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Stars)
South Central Mass Elderbus Inc has received an 84% rating from Charity Navigator, reflecting a solid performance in accountability and finance. This score indicates that the organization adheres to strong financial practices and governance standards, which are crucial for maintaining public trust and donor confidence. The charity has a fully independent board and demonstrates transparency through published financial statements and various policies.
The organization excels in program spending, with a program expense ratio of 78.31%, indicating that a significant portion of its resources is directed towards fulfilling its mission. Moreover, it has been proactive in establishing governance policies such as conflict of interest and whistleblower protection, which further underscores its commitment to ethical practices. The lack of any material diversion of assets is another positive aspect of its financial management.
However, the liabilities to assets ratio of 66.29% raises some concern, suggesting that the organization's liabilities are relatively high compared to its assets. While this does not necessarily indicate immediate financial distress, it may warrant monitoring in the long term. Overall, South Central Mass Elderbus Inc demonstrates a commitment to accountability and effective program delivery, but stakeholders may want to keep an eye on its financial ratios moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is South Central Mass Elderbus Inc legitimate?
South Central Mass Elderbus Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Central Mass Elderbus 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: $65,669
Professional Fundraising Fees: $0
Other Salaries and Wages: $621,174
For more financial information, click here
Official website here: www.scmelderbus.org
What is the mission statement of South Central Mass Elderbus Inc?
South Central Mass Elderbus Inc's mission is centered around providing safe, reliable, and affordable transportation services for senior and disabled individuals residing within the twenty-one communities they serve. This organization goes beyond just offering transportation, as fulfilling their core mission enables them to provide a sense of independence to a vast number of clients who might otherwise be confined to their homes.
Official website here: www.scmelderbus.org
Who is the CEO of South Central Mass Elderbus Inc?
Jorge Morales is the Treasurer of South Central Mass Elderbus Inc.
Official website here: www.scmelderbus.org
What is the revenue of South Central Mass Elderbus Inc?
South Central Mass Elderbus Inc's revenue in 2023 was $1,428,108.
Official website here: www.scmelderbus.org
Who are the executives of South Central Mass Elderbus Inc and what are their salaries?
The average compensation at South Central Mass Elderbus Inc during 2023 was $24,530. There are 28 employees at South Central Mass Elderbus Inc.
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Official website here: www.scmelderbus.org
Where can I find the form 990 for South Central Mass Elderbus Inc?
South Central Mass Elderbus Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.scmelderbus.org
Learn more at the official website: www.scmelderbus.org
Mission Statement of South Central Mass Elderbus Inc
South Central Mass Elderbus Inc is committed to providing safe, reliable, and affordable transportation services to senior and disabled individuals residing within the twenty-one communities it serves. This organization's mission goes beyond just offering a transportation service. By fulfilling its core mission, South Central Mass Elderbus Inc plays a vital role in providing a measure of independence to a large number of clients who might otherwise be confined to their homes. This independence allows these individuals to maintain their daily routines, attend medical appointments, and engage in social activities, thereby improving their overall quality of life.
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Impact
July, 2024
South Central Mass Elderbus Inc's impact is significant in providing safe, reliable, and affordable transportation services to senior and disabled clients residing within the twenty-one communities it serves. By fulfilling its core mission, the organization goes beyond just offering transportation assistance. It provides a vital measure of independence to a large number of clients who may otherwise be homebound. Thus, South Central Mass Elderbus Inc plays a crucial role in enhancing the quality of life and well-being of seniors and disabled individuals in the community.
This information is meant to be a general summary of South Central Mass Elderbus 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 2023.
- Investment Income: $900
- Program Service Revenue: $1,427,029
- Gross Receipts: $1,428,108
Assets and Liabilities:
- Total Assets: $439,797
- Total Liabilities: $291,561
- Net Assets: $148,236
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUBSIDY - WRTA
Revenue
$1,406,029
CONTRACT SERVICES
Revenue
$21,000
Organization Details
Founding Year
1974
Phone
(508) 248-4299Principal Officer
Jorge Morales
Main Address
124 SOUTHBRIDGE ROAD, CHARLTON, MA, 01507
Website
www.scmelderbus.orgNTEE Category
Code: P52Z - Human services
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