Overview
What is Northeast Senior Health Corporation?
Northeast Senior Health Corporation is a nonprofit organization, specifically established to cater to the unique healthcare needs of seniors and their families in northeastern Massachusetts. Comprising the Herrick House Assisted Living Community and Spectrum Adult Day Health, this corporation is dedicated to providing elderly and assisted living housing, along with special services. The mission of Northeast Senior Health Corporation is to ensure senior well-being, offering a supportive living environment and specialized care.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63% (Two-Star out of Four Stars)
Northeast Senior Health Corporation has received a Two-Star rating from Charity Navigator, indicating a fair level of accountability and financial performance. The organization scored particularly well in areas such as financial statements and program expense ratio, demonstrating a commitment to effective use of funds towards its mission. However, the lack of independent board members significantly impacted its overall score, as did missing documentation policies and website transparency.
Strengths of the organization include a strong program expense ratio of 78.95%, indicating that a substantial portion of its funds is directed toward its programs. Additionally, the charity has established policies for conflict of interest and maintains organized board meeting minutes. This reflects some adherence to best practices in governance and oversight despite the areas of concern.
On the downside, the absence of independent board members raises questions about governance and impartiality. Furthermore, the missing website documentation, including the tax form and other key policies, points to transparency issues that could hinder stakeholder trust. Enhancing these governance aspects could improve the organization’s ratings and foster greater confidence among donors and beneficiaries alike.
This AI summary has been generated from information found on Charity Navigator.
Is Northeast Senior Health Corporation legitimate?
Northeast Senior Health Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northeast Senior Health Corporation 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: $198,232
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,313,468
For more financial information, click here
What is the mission statement of Northeast Senior Health Corporation?
The Northeast Senior Health Corporation is established with the mission to cater to the distinctive healthcare needs of senior citizens and their families. This non-profit organization, operating in an unspecified location, is primarily focused on providing elderly housing and special services through its offerings, which include the Herrick House Assisted Living Community and Spectrum Adult Day Health. The corporation's goal is to ensure the well-being and comfort of the elderly population, offering them a supportive living environment and essential care services.
What is the revenue of Northeast Senior Health Corporation?
Northeast Senior Health Corporation's revenue in 2023 was $6,725,207.
Who are the executives of Northeast Senior Health Corporation and what are their salaries?
The average compensation at Northeast Senior Health Corporation during 2023 was $27,301. There are 92 employees at Northeast Senior Health Corporation.
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $2,507,235
- Other: $299,917
- Compensation: $0
- Related: $1,301,463
- Other: $34,409
- Compensation: $0
- Related: $802,046
- Other: $220,936
- Compensation: $0
- Related: $898,193
- Other: $15,864
- Compensation: $0
- Related: $248,544
- Other: $39,479
- Compensation: $0
- Related: $455,261
- Other: $40,711
- Compensation: $0
- Related: $320,452
- Other: $53,422
- Compensation: $161,996
- Related: $0
- Other: $36,236
- Compensation: $122,403
- Related: $0
- Other: $4,952
- Compensation: $116,438
- Related: $0
- Other: $36,426
- Compensation: $0
- Related: $307,101
- Other: $6,974
Where can I find the form 990 for Northeast Senior Health Corporation?
Northeast Senior Health Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Northeast Senior Health Corporation
Northeast Senior Health Corporation, abbreviated as NSH, is committed to addressing the distinctive healthcare needs of seniors and their families in northeastern Massachusetts. This nonprofit organization is structured around two key components: Herrick House Assisted Living Community and Spectrum Adult Day Health. Their mission, in essence, revolves around providing elderly and assisted living housing, along with unique services tailored to the senior population. This mission is geared towards ensuring that seniors and their families receive the care and support they need to maintain their quality of life and well-being.
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Impact
July, 2024
Northeast Senior Health Corporation, through its entities Herrick House Assisted Living Community and Spectrum Adult Day Health, plays a crucial role in fulfilling the unique healthcare needs of seniors and their families in Northeastern Massachusetts. By offering assisted living housing and specialized services, Northeast Senior Health Corporation contributes significantly to enhancing the quality of life for elderly individuals in the region. Its impact is tangible in providing a caring and supportive environment for seniors, promoting overall well-being, and fostering a sense of community among the elderly population.
This information is meant to be a general summary of Northeast Senior Health Corporation. 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: $136
- Program Service Revenue: $6,725,087
- Gross Receipts: $6,725,207
Assets and Liabilities:
- Total Assets: $5,910,126
- Total Liabilities: $3,596,317
- Net Assets: $2,313,809
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT CARE REVENUE
Revenue
$6,725,087
Organization Details
Founding Year
1981
Principal Officer
Rios Cindy
NTEE Category
Code: L220 - Housing
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