Overview
What is North Hill Needham Inc?
North Hill Needham Inc, a 501(c)(3) nonprofit organization based in Needham, Massachusetts, is governed by a board of trustees from local communities. Established in 1984, it was the first to offer lifecare in Massachusetts. The community consists of 320 apartments, 44 enhanced independent living apartments, and a 72-bed skilled nursing facility. North Hill Needham Inc aims to enrich the lives of adults aged 65 and above through their "Purposeful Living" philosophy. Residents have access to various opportunities, such as taking classes at a nearby university, enjoying cultural offerings in Boston, participating in book clubs, art classes, and lectures, or exercising in the indoor pool or outdoor walking club. North Hill Needham Inc offers peace of mind through lifetime care and a 90% refundable entrance fee, which keeps their lifestyle and services affordable and pricing stable for the community. Since 2010, they have provided housing and healthcare services to the elderly, regardless of their ability to pay.
Official website here: www.northhill.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
North Hill Needham Inc has earned an 81% rating from Charity Navigator, indicating a solid level of accountability and financial management. The charity has achieved this score through a comprehensive evaluation of its financial practices, reflecting a strong commitment to transparency and responsible governance. The high score signifies that the organization efficiently uses its resources in alignment with its mission.
The organization boasts a fully independent board, which enhances its credibility and governance. Additionally, it excels in areas such as financial oversight, with no reported material diversion of assets and a robust audit and oversight committee. This indicates that North Hill Needham Inc is proactive in maintaining integrity in its financial dealings and organizational operations.
However, while the charity scores highly in accountability and finance, the summary does not provide insights into program effectiveness or impact. Hence, potential donors may want to consider seeking additional information regarding the direct outcomes of the organization's programs to make a more informed decision.
This AI summary has been generated from information found on Charity Navigator.
Is North Hill Needham Inc legitimate?
North Hill Needham Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Hill Needham 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: $396,785
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,304,921
For more financial information, click here
Official website here: www.northhill.org
What is the mission statement of North Hill Needham Inc?
North Hill Needham Inc is a mission-driven organization that provides housing and healthcare services to the elderly. Regardless of their financial resources, the organization takes care of its residents for life. North Hill Needham Inc operates a lifecare retirement community, offering a range of living arrangements from apartments to skilled nursing facilities. The organization's philosophy, "Purposeful Living," enriches the well-being of each resident by providing a multitude of opportunities for personal growth and physical activity. Residents can engage in educational programs, cultural offerings, fitness classes, and more. North Hill Needham Inc offers peace of mind with its lifecare plan and a 90% refundable entrance fee, ensuring affordable and stable pricing for its services. Since 2010, the organization has offered three types of contracts with varying levels of care and refundability.
Official website here: www.northhill.org
Who is the CEO of North Hill Needham Inc?
Ted Owens is the President & Ceo of North Hill Needham Inc. The CEO's salary of North Hill Needham Inc is $0 and their total compensation is $392,726.
Official website here: www.northhill.org
What is the revenue of North Hill Needham Inc?
North Hill Needham Inc's revenue in 2022 was $46,801,004.
Official website here: www.northhill.org
Who are the executives of North Hill Needham Inc and what are their salaries?
The average compensation at North Hill Needham Inc during 2022 was $32,918. There are 477 employees and 22 volunteers at North Hill Needham Inc.
Here are 30 key members and their salaries (North Hill Needham Inc's CEO's salary is $0 and their total compensation is $392,726):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $375,001
- Other: $17,725
- Compensation: $206,009
- Related: $0
- Other: $15,151
- Compensation: $174,820
- Related: $0
- Other: $30,181
- Compensation: $187,726
- Related: $0
- Other: $17,310
- Compensation: $164,594
- Related: $0
- Other: $17,105
- Compensation: $149,832
- Related: $0
- Other: $15,659
- Compensation: $160,147
- Related: $0
- Other: $8,047
- Compensation: $150,929
- Related: $0
- Other: $8,223
Official website here: www.northhill.org
Where can I find the form 990 for North Hill Needham Inc?
North Hill Needham Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.northhill.org
Learn more at the official website: www.northhill.org
Mission Statement of North Hill Needham Inc
North Hill Needham Inc, a mission-driven organization based in Massachusetts, is dedicated to providing housing and healthcare services to the elderly, regardless of their financial capabilities. The organization takes pride in caring for its residents for life, even when their resources have been depleted.
Founded in 1984, North Hill Needham Inc is a tax-exempt continuing care retirement community governed by a board of trustees composed of local citizens. The organization began its legacy by offering new senior living opportunities and introducing Lifecare to Massachusetts. North Hill Needham Inc operates a Lifecare retirement community that includes 320 apartments, 44 enhanced independent living apartments, and a 72-bed skilled nursing facility.
North Hill Needham Inc goes beyond the basics of housing and healthcare, focusing on enhancing the lives of its residents. The organization's philosophy, known as "Purposeful Living," enriches the well-being of each person who lives and works at North Hill Needham Inc. With a variety of opportunities available on and around the campus, residents can engage in classes at a nearby university, explore cultural offerings, strengthen their minds through book clubs, art classes, and lectures, and strengthen their bodies through indoor pool activities and the outdoor walking club.
North Hill Needham Inc's commitment to affordability and stability sets it apart. The organization offers three types of contracts, including the flagship 90% refundable with Lifecare, declining balance with Lifecare, and 90% refundable without Lifecare. The 90% refundable entrance fee keeps North Hill Needham Inc's lifestyle and services affordable for those in the community and maintains pricing stability for the level of care provided. Since 2010, North Hill Needham Inc has been providing a peaceful mind and an abundance of opportunities for seniors.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
North Hill Needham Inc has made a significant impact on the lives of older adults by providing a supportive and enriching environment that prioritizes their health and well-being. With a commitment to offering housing and healthcare services regardless of residents' financial circumstances, the organization fosters a sense of security and dignity for seniors in the community.
Operating a LifeCare retirement community in Needham, Massachusetts, North Hill features 320 apartments, 44 enhanced independent living apartments, and a skilled nursing facility, ensuring a continuum of care. This structure not only addresses the immediate housing and healthcare needs of residents but also allows them to age in place while maintaining their independence.
The philosophy of "Purposeful Living" embodies the principles of engagement and fulfillment, encouraging residents to actively participate in various enriching activities. From classes at nearby universities to cultural experiences in Boston, residents have numerous opportunities for personal growth and social interaction. Programs such as book clubs, art classes, and fitness initiatives, including an indoor pool and outdoor walking clubs, enhance both mental and physical health.
Furthermore, North Hill Needham Inc has introduced innovative financial models, including a 90% refundable entrance fee, which helps maintain affordability and stability in care costs. This approach ensures that the financial aspect of senior living does not become a barrier to accessing essential services, allowing residents to live comfortably even if their resources become limited over time.
In summary, North Hill Needham Inc stands as a model for senior living, providing essential services and fostering a vibrant community that prioritizes the dignity and well-being of its residents for life.
This information is meant to be a general summary of North Hill Needham 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: $3,498,155
- Program Service Revenue: $42,454,591
- Gross Receipts: $57,481,557
Assets and Liabilities:
- Total Assets: $218,215,357
- Total Liabilities: $261,677,396
- Net Assets: -$43,462,039
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APARTMENT SERVICE FEES
Revenue
$25,149,714
SKILLED NURSING REVENUE
Revenue
$8,229,927
ENTRANCE FEES
Revenue
$5,188,946
ENHANCED LIVING REVENUE
Revenue
$3,886,004
Organization Details
Founding Year
1979
Phone
(781) 444-9910Principal Officer
Ted Owens
Main Address
865 CENTRAL AVENUE, NEEDHAM, MA, 02492
Website
www.northhill.orgNTEE Category
Code: P750 - Human services
If you are a representative of North Hill Needham Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.