Overview
What is Cooperative Elder Services Inc?
Cooperative Elder Services Inc, located at 2352 Main Street 108, Concord, MA 01742, is a nonprofit organization that offers daycare services primarily for the elderly and adults with disabilities. With around 48 employees, their mission is to provide adult day health services to medically fragile seniors and adults with disabilities in the Metrowest Boston region. Their activities are centered around offering daycare services, aiming to support and care for this vulnerable group of individuals in the community.
Official website here: www.elderdayservices.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Cooperative Elder Services Inc has received a Three-Star rating from Charity Navigator, reflecting a solid score of 81% based entirely on its Accountability & Finance metrics. This rating indicates that the organization maintains a high standard of financial responsibility and transparency, which is crucial for gaining the trust of donors and stakeholders.
The organization excels in several key areas, including having a fully independent board of directors, stringent policies on conflicts of interest and whistleblower protections, and a strong program expense ratio of 87.59%. These strengths suggest that Cooperative Elder Services Inc is committed to ethical governance and effectively directs a significant portion of its funds toward its programs.
While the rating is favorable, the score is solely based on the Accountability & Finance aspect, which may limit insights into other operational areas like program effectiveness or community impact. Therefore, potential donors may want to consider additional factors beyond financial metrics when evaluating their support for this organization.
This AI summary has been generated from information found on Charity Navigator.
Is Cooperative Elder Services Inc legitimate?
Cooperative Elder Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cooperative 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: $126,262
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,181,660
For more financial information, click here
Official website here: www.elderdayservices.org
What is the mission statement of Cooperative Elder Services Inc?
Cooperative Elder Services Inc's mission is centered around providing daycare services for medically fragile seniors and adults with disabilities. This organization operates in the Metrowest Boston region, offering daycare services to approximately 400 vulnerable individuals. Their primary goal is to enhance the quality of life for these individuals, ensuring they receive the care they need to live as independently and healthily as possible. The services offered by Cooperative Elder Services Inc aim to promote overall well-being, enabling these adults to maintain their dignity and independence.
Official website here: www.elderdayservices.org
Who is the CEO of Cooperative Elder Services Inc?
Erica Johnson is the President of Cooperative Elder Services Inc.
Official website here: www.elderdayservices.org
What is the revenue of Cooperative Elder Services Inc?
Cooperative Elder Services Inc's revenue in 2022 was $2,755,572.
Official website here: www.elderdayservices.org
Who are the executives of Cooperative Elder Services Inc and what are their salaries?
The average compensation at Cooperative Elder Services Inc during 2022 was $27,248. There are 48 employees at Cooperative Elder Services Inc.
Here are 7 key members and their salaries:
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- Compensation: $113,309
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- Other: $18,921
Official website here: www.elderdayservices.org
Where can I find the form 990 for Cooperative Elder Services Inc?
Cooperative Elder Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.elderdayservices.org
Learn more at the official website: www.elderdayservices.org
Mission Statement of Cooperative Elder Services Inc
Cooperative Elder Services Inc, a nonprofit organization, is dedicated to providing daycare services for the elderly and adults with disabilities in the Metrowest Boston region. Their mission is to support medically fragile seniors and adults with disabilities through adult day health services. This organization aims to enhance the quality of life for approximately 400 vulnerable individuals by offering a safe and nurturing environment that caters to their unique needs. By providing daycare services, Cooperative Elder Services Inc empowers these individuals to maintain their independence and dignity while also ensuring their well-being.
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Impact
July, 2024
Cooperative Elder Services Inc provides essential daycare services for approximately 400 frail elderly individuals and adults with disabilities in the Concord, MA area. Their mission is to offer adult day health services to medically fragile seniors and adults with disabilities in the MetroWest Boston region. Through their work, they significantly improve the quality of life and well-being of their participants by providing the necessary care and support to help them thrive and remain independent.
This information is meant to be a general summary of Cooperative 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: $703,328
- Program Service Revenue: $1,600,746
- Gross Receipts: $4,273,452
Assets and Liabilities:
- Total Assets: $2,721,360
- Total Liabilities: $517,761
- Net Assets: $2,203,599
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEE FOR SERVICE REVENUE
Revenue
$1,600,746
Organization Details
Founding Year
1978
Phone
(781) 863-1166Principal Officer
Erica Johnson
Main Address
2352 MAIN STREET 108, CONCORD, MA, 01742
Website
www.elderdayservices.orgNTEE Category
Code: P81Z - Human services
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