Overview
What is Springwell Inc?
Springwell Inc is a healthcare organization based on improving individuals' quality of life and reducing their reliance on residential care. They collaborate with various entities including individuals, government agencies, health providers, and housing entities. Springwell's team conducts in-home assessments, identifies necessary supports, and connects individuals to these resources. Their services encompass assistance with personal care tasks and homemaking duties, as well as grocery shopping and laundry. By helping individuals access community resources, Springwell aims to enhance their patients and residents' health and satisfaction while reducing associated care costs.
Official website here: www.springwell.com
What are the reviews and ratings of this charity?
Charity Navigator rates Springwell Inc with a score of 94%, which corresponds to a Four-Star out of Four Star rating. This high rating reflects the organization's strong performance in both Accountability & Finance and Culture & Community, with scores of 96 and 85 respectively. The organization has achieved notable benchmarks, including a fully independent board and no reported material diversion of assets, showcasing robust governance and financial health.
User feedback highlights the impactful services Springwell provides to seniors, emphasizing the dedication and professionalism of its staff. Donors express satisfaction and pride in supporting an organization that plays a crucial role in the community. The high program expense ratio, at 96.54%, indicates that a significant portion of funds is directed toward programs rather than administrative costs.
While the ratings and feedback are overwhelmingly positive, the organization could aim to enhance its score in Equity Strategies, where it received a 77 out of 100. Overall, Springwell Inc appears to be a well-managed nonprofit with strong community support and a commitment to providing essential services to seniors.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Springwell Inc legitimate?
Springwell Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Springwell 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: $724,471
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,755,395
For more financial information, click here
Official website here: www.springwell.com
What is the mission statement of Springwell Inc?
Springwell Inc is a healthcare organization dedicated to enhancing the quality of life for individuals, enabling them to minimize the requirement for residential care. They collaborate not only with individuals but also with various entities such as government agencies, health providers, and housing entities. Their primary goal is to improve patients and residents' health and satisfaction while reducing associated care costs. Care managers and RNs from Springwell conduct thorough in-home assessments to identify necessary supports, access them, and coordinate services when appropriate. In-home services offered include assistance with personal care tasks and homemaking duties such as bathing, dressing, toileting, grocery shopping, and laundry.
Official website here: www.springwell.com
Who is the CEO of Springwell Inc?
Patricia Scheffler is the President of Springwell Inc. The CEO's salary of Springwell Inc is $179,972 and their total compensation is $207,431.
Official website here: www.springwell.com
What is the revenue of Springwell Inc?
Springwell Inc's revenue in 2023 was $98,073,652.
Official website here: www.springwell.com
Who are the executives of Springwell Inc and what are their salaries?
The average compensation at Springwell Inc during 2023 was $48,941. There are 255 employees and 686 volunteers at Springwell Inc.
Here are 25 key members and their salaries (Springwell Inc's CEO's salary is $179,972 and their total compensation is $207,431):
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- Compensation: $179,972
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Official website here: www.springwell.com
Where can I find the form 990 for Springwell Inc?
Springwell Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.springwell.com
Learn more at the official website: www.springwell.com
Mission Statement of Springwell Inc
Springwell Inc, a renowned healthcare provider, is dedicated to enhancing the quality of life for individuals and decreasing their reliance on residential care. By working closely with individuals, as well as government agencies, healthcare providers, and housing entities, Springwell strives to improve patient and resident health and satisfaction, ultimately reducing the associated costs of care.
Springwell's team of care managers and registered nurses conduct comprehensive in-home assessments to identify essential supports and access them for the individuals they serve. These services encompass assistance with personal care tasks, such as bathing, dressing, and toileting, as well as homemaking, grocery shopping, and laundry. By connecting individuals to these vital resources, Springwell empowers them to live independently and maintain their well-being.
In essence, Springwell Inc serves as a bridge between individuals in need and the community resources that can significantly improve their lives. By facilitating access to these resources and coordinating services where necessary, Springwell enables individuals to thrive and reduce their need for residential care, ultimately leading to better health and greater self-sufficiency.
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Impact
October, 2024
Springwell Inc significantly impacts the communities it serves by enhancing individuals’ quality of life and minimizing the necessity for residential care. Through comprehensive in-home assessments conducted by care managers and registered nurses, Springwell identifies and facilitates access to vital community resources. This personalized approach enables individuals to receive the support they need in the comfort of their own homes.
By collaborating with various stakeholders—including government agencies, health providers, and housing entities—Springwell optimizes care coordination, improving health outcomes and patient satisfaction. Their services range from assistance with personal care tasks like bathing, dressing, and toileting, to help with homemaking activities such as grocery shopping and laundry. This holistic support not only empowers individuals but also contributes to a reduction in overall healthcare costs, making a profound difference in the lives of individuals and families in Waltham, MA, and surrounding areas.
This information is meant to be a general summary of Springwell 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: $317,882
- Program Service Revenue: $97,211,834
- Gross Receipts: $98,073,652
Assets and Liabilities:
- Total Assets: $43,286,662
- Total Liabilities: $18,883,147
- Net Assets: $24,403,515
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT INCOME
Revenue
$73,517,208
PROGRAM SERVICE FEES
Revenue
$23,484,872
HOME DELIVERED MEALS
Revenue
$209,754
Organization Details
Founding Year
1976
Phone
(617) 926-4100Principal Officer
Patricia Scheffler
Main Address
307 WAVERLY OAKS ROAD 205, WALTHAM, MA, 02452
Website
www.springwell.comNTEE Category
Code: P810 - Human services
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