Overview
What is Springhouse Inc C/O Rogerson Communities?
Springhouse Inc C/O Rogerson Communities is a nonprofit organization situated in Boston, Massachusetts. It operates a retirement community, offering various living options to cater to diverse needs. The community includes 52 independent living units, 61 assisted living units, and 22 dementia assisted living units. Residents can benefit from a range of services such as clinical care, meals, social and cultural activities, housekeeping, and additional support services, all aligned with the organization's exempt purpose. Springhouse Inc C/O Rogerson Communities aims to enhance the lives of its senior residents by providing a supportive and inclusive living environment.
Official website here: www.springhouseinfo.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Star rating)
Springhouse Inc C/O Rogerson Communities has achieved a commendable score of 89%, indicating a solid level of accountability and financial health. The organization boasts a fully independent board and high marks in areas such as audit oversight and conflict of interest policies, which reflects strong governance practices. With a program expense ratio of 97.72%, it demonstrates a strong commitment to directing funds toward its mission.
While the organization has notable strengths, there are some areas for improvement, particularly related to its liabilities to assets ratio, which stands at 59.09%. This suggests that the organization may have a higher level of liabilities compared to its assets, warranting attention to ensure long-term sustainability. Overall, Springhouse Inc C/O Rogerson Communities presents a favorable profile for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Springhouse Inc C/O Rogerson Communities legitimate?
Springhouse Inc C/O Rogerson Communities is a legitimate nonprofit organization registered as a 501(c)(3) entity. Springhouse Inc C/O Rogerson Communities 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,233,582
For more financial information, click here
Official website here: www.springhouseinfo.org
What is the mission statement of Springhouse Inc C/O Rogerson Communities?
Springhouse Inc C/O Rogerson Communities operates a retirement community, catering to various living needs. The community includes 52 independent living units, 61 assisted living units, and 22 dementia assisted living units. Their mission is to provide services that support these residents, including assisted living, independent living, clinical services, meals, social and cultural activities, housekeeping, and other necessary services, all aligning with their exempt purpose. The organization aims to enhance the quality of life for its residents, ensuring they receive the care they require.
Official website here: www.springhouseinfo.org
Who is the CEO of Springhouse Inc C/O Rogerson Communities?
Kenneth Brooks is the Director of Springhouse Inc C/O Rogerson Communities.
Official website here: www.springhouseinfo.org
What is the revenue of Springhouse Inc C/O Rogerson Communities?
Springhouse Inc C/O Rogerson Communities's revenue in 2022 was $10,693,230.
Official website here: www.springhouseinfo.org
Who are the executives of Springhouse Inc C/O Rogerson Communities and what are their salaries?
There 15 volunteers at Springhouse Inc C/O Rogerson Communities.
Here are 6 key members and their salaries:
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Official website here: www.springhouseinfo.org
Where can I find the form 990 for Springhouse Inc C/O Rogerson Communities?
Springhouse Inc C/O Rogerson Communities's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.springhouseinfo.org
Learn more at the official website: www.springhouseinfo.org
Mission Statement of Springhouse Inc C/O Rogerson Communities
Springhouse Inc C/O Rogerson Communities is dedicated to operating a retirement community that caters to the needs of seniors at various stages of independence. This inclusive community comprises 52 independent living units, 61 assisted living units, and 22 dementia assisted living units. The organization's mission is to provide a comprehensive range of services to its residents, encompassing assisted living, independent living, clinical services, meals, social and cultural activities, housekeeping, and other necessary support. By offering these services, Springhouse Inc C/O Rogerson Communities aims to further its exempt purpose and create an environment that supports and enhances the quality of life for its senior residents.
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Impact
July, 2024
Springhouse Inc C/O Rogerson Communities provides essential housing and care services for senior citizens in Boston, MA. With a focus on operating a retirement community that includes independent living units, assisted living units, and dementia assisted living units, the organization ensures that elderly residents have a comfortable and supportive environment in which to live out their later years. By offering a range of services such as assisted living support, clinical care, meals, social and cultural activities, housekeeping, and more, Springhouse Inc C/O Rogerson Communities plays a vital role in enhancing the quality of life for senior citizens in the community.
This information is meant to be a general summary of Springhouse Inc C/O Rogerson Communities. 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: $2,591,850
- Program Service Revenue: $8,100,380
- Gross Receipts: $13,321,904
Assets and Liabilities:
- Total Assets: $35,790,682
- Total Liabilities: $21,152,290
- Net Assets: $14,638,392
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$7,688,240
RESIDENT SERVICES
Revenue
$188,508
AMORTIZATION OF NON-REFUNDABLE EN
Revenue
$166,965
COMMUNITY FEES
Revenue
$56,667
Organization Details
Founding Year
1992
Phone
(617) 469-5800Principal Officer
Kenneth Brooks
Main Address
ONE FLORENCE STREET, BOSTON, MA, 02131
Website
www.springhouseinfo.orgNTEE Category
Code: L20Z - Housing
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