Overview
What is Assisted Living Center Inc?
Assisted Living Center Inc, located in Salisbury, Massachusetts, is a dedicated nonprofit organization that offers a supportive living environment, homecare services, and nutritional aid to approximately 20 to 30 elderly individuals each month. Their mission lies in providing high-quality assisted living facilities for individuals with moderate to low income. With a workforce of 31 dedicated individuals, they strive to enhance the lives of their elderly residents by offering a welcoming and nurturing environment.
Official website here: www.assistedlivingcenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 76% - Three-Star out of Four Star rating
Assisted Living Center Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of financial accountability and transparency. The organization scored particularly well in categories such as having a majority of independent board members and maintaining a conflict of interest policy, which suggests a commitment to good governance.
The charity's financial performance is generally positive, with a program expense ratio of 69.08%, indicating that a significant portion of its budget is directed towards its mission-related activities. Additionally, the absence of material asset diversion and a clean audit of financial statements reflect strong financial health and integrity.
However, the organization has a liabilities to assets ratio of 81.98%, which could raise concerns about its financial sustainability. While the overall accountability metrics are commendable, this higher ratio suggests potential risks in financial management that stakeholders may want to monitor closely.
This AI summary has been generated from information found on Charity Navigator.
Is Assisted Living Center Inc legitimate?
Assisted Living Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Assisted Living Center 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: $185,335
Professional Fundraising Fees: $0
Other Salaries and Wages: $560,173
For more financial information, click here
Official website here: www.assistedlivingcenter.org
What is the mission statement of Assisted Living Center Inc?
Assisted Living Center Inc's mission is centered around offering assisted living facilities for individuals with moderate to low income, primarily elders. The organization strives to create a living environment that caters to their needs, while also providing essential homecare and nutrition services. On average, they assist around 20-30 elders each month, ensuring they receive the care and support they require to live comfortably.
Official website here: www.assistedlivingcenter.org
Who is the CEO of Assisted Living Center Inc?
Thomas D Higgins is the President of Assisted Living Center Inc.
Official website here: www.assistedlivingcenter.org
What is the revenue of Assisted Living Center Inc?
Assisted Living Center Inc's revenue in 2022 was $1,380,619.
Official website here: www.assistedlivingcenter.org
Who are the executives of Assisted Living Center Inc and what are their salaries?
The average compensation at Assisted Living Center Inc during 2022 was $24,049. There are 31 employees and 4 volunteers at Assisted Living Center Inc.
Here are 5 key members and their salaries:
- Compensation: $109,251
- Related: $0
- Other: $0
- Compensation: $76,084
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.assistedlivingcenter.org
Where can I find the form 990 for Assisted Living Center Inc?
Assisted Living Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.assistedlivingcenter.org
Learn more at the official website: www.assistedlivingcenter.org
Mission Statement of Assisted Living Center Inc
Assisted Living Center Inc, as its mission statement suggests, is dedicated to providing assisted living facilities for individuals with modest to low income, who are typically of advanced age. This nonprofit organization aims to create a living environment that caters to the unique needs of approximately 20 to 30 elders each month. Beyond offering a place to call home, Assisted Living Center Inc also provides essential homecare services and nutrition support to ensure the well-being and comfort of its residents. By offering these crucial services, the organization is able to contribute significantly to the quality of life for its elder population, enabling them to maintain their independence and dignity while receiving the care they need.
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Impact
July, 2024
Assisted Living Center Inc provides crucial assistance to low to moderate income elders in SALISBURY, MA by offering assisted living facilities. On average, the organization caters to 20-30 elders each month, providing them with a supportive living environment, homecare services, and nutrition services. This impact is significant as it directly improves the quality of life for a vulnerable population, ensuring they receive the care and support they need in their later years.
This information is meant to be a general summary of Assisted Living Center 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.
- Program Service Revenue: $1,279,670
- Gross Receipts: $1,380,619
Assets and Liabilities:
- Total Assets: $1,625,810
- Total Liabilities: $1,332,904
- Net Assets: $292,906
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Homecare fees
Revenue
$1,257,820
Administration fees
Revenue
$21,850
Organization Details
Founding Year
1993
Principal Officer
Thomas D Higgins
Main Address
19 Beach Road, Salisbury, MA, 01952
Website
www.assistedlivingcenter.orgNTEE Category
Code: L20Z - Housing
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