Overview
What is Element Care Inc?
Element Care Inc is a Massachusetts-based nonprofit organization that offers comprehensive health and social services for the elderly, allowing them to continue living in their communities. Known as a Program of All-Inclusive Care for the Elderly (PACE), the organization's mission is to maximize the health and functioning levels of eligible seniors. With a team of healthcare professionals, Element Care provides a range of preventative, primary, acute, and long-term care services, using an interdisciplinary approach to manage care. They have been collaborating with Commonwealth Care Alliance since 2004 as part of the Senior Care Options program, expanding their reach to a wider population. Prior to 2022, Element Care operated under a full risk model, and now they are reimbursed for case management services on a per member per month basis. Amid the COVID-19 pandemic, they transitioned to in-home services for over 800 PACE participants to maintain their safety in the community.
Official website here: www.elementcare.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Element Care Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored an impressive 96% overall, indicating a high level of transparency and effective financial management. Key strengths include a fully independent board consisting of 11 members and robust financial oversight, with no material diversion of assets reported.
The charity demonstrates a commitment to ethical governance, with comprehensive policies in place for conflicts of interest, whistleblowing, and document retention. Their financial health is also notable, highlighted by a program expense ratio of 83.69%, showing a strong focus on their mission-related activities.
While the organization performs well in most areas, continued monitoring of its financial ratios and governance practices will be essential for maintaining its positive standing. Overall, Element Care Inc exemplifies a trustworthy nonprofit committed to accountability and effective service delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Element Care Inc legitimate?
Element Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Element Care 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: $1,896,255
Professional Fundraising Fees: $0
Other Salaries and Wages: $24,471,125
For more financial information, click here
Official website here: www.elementcare.org
What is the mission statement of Element Care Inc?
Element Care Inc is dedicated to providing comprehensive healthcare and social services to frail elderly individuals in the community, allowing them to maintain their dignity and respect while living at home. The organization's mission is to maximize the health and functioning levels of its participants, using an interdisciplinary team to manage their care. Element Care offers a range of preventative, primary, acute, and long-term care services, and develops community-based alternatives to institutional settings. The organization's integrated approach consolidates capitated funding from Medicare and Medicaid, and it outsources medical and program services to expert partners. Despite the challenges presented by the COVID-19 pandemic, Element Care adapted by providing in-home services to ensure the safety of its participants.
Official website here: www.elementcare.org
Who is the CEO of Element Care Inc?
Robert Durante is the Director of Element Care Inc.
Official website here: www.elementcare.org
What is the revenue of Element Care Inc?
Element Care Inc's revenue in 2022 was $107,097,540.
Official website here: www.elementcare.org
Who are the executives of Element Care Inc and what are their salaries?
The average compensation at Element Care Inc during 2022 was $80,388. There are 328 employees at Element Care Inc.
Here are 19 key members and their salaries:
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- Compensation: $451,680
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- Other: $23,061
- Compensation: $224,929
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- Other: $32,605
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- Compensation: $158,148
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- Compensation: $274,803
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- Other: $31,275
- Compensation: $278,933
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- Other: $9,984
- Compensation: $244,560
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- Other: $10,041
- Compensation: $277,912
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- Other: $31,217
- Compensation: $243,457
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- Other: $18,976
Official website here: www.elementcare.org
Where can I find the form 990 for Element Care Inc?
Element Care Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.elementcare.org
Learn more at the official website: www.elementcare.org
Mission Statement of Element Care Inc
Element Care Inc, a mission-driven organization, is dedicated to providing comprehensive healthcare and social services to frail elders residing in communities north of Boston. This nonprofit is renowned for its Program of All-Inclusive Care for the Elderly (PACE), an initiative that empowers eligible seniors to remain in their own communities instead of relocating to long-term care facilities.
Element Care Inc's goal is to maximize the health and functioning levels of its program enrollees, enabling them to live with dignity and respect in their communities. To achieve this, the organization offers a wide range of preventative, primary, acute, and long-term care services. An integrated interdisciplinary team manages care, and appropriate community-based alternatives are developed to provide care in institutional settings. Capitated funding from Medicare and Medicaid is consolidated to support the program's operations.
Prior to January 1, 2022, Element Care Inc operated under a full risk model, with Commonwealth Care Alliance (CCA) receiving Medicare and Medicaid revenue and remitting 86% of the premiums to Element Care for care management services. Element Care, in turn, outsourced its program and medical services expertise to LCHC and GLSS. In March 2020, when the COVID-19 pandemic necessitated the temporary closure of all PACE adult day health centers, Element Care's medical and nursing teams quickly developed a plan to provide in-home services to over 800 PACE participants, ensuring their safety in the community. The organization continues to provide these services, with a partial reopening of the adult day health centers in June 2020 based on square footage and the ability to provide a safe, socially distanced environment for participants and staff.
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Impact
October, 2024
Element Care Inc significantly enhances the quality of life for elders in Massachusetts, particularly those in the North Shore and Merrimack Valley areas. Through its Program of All-Inclusive Care for the Elderly (PACE), it provides a comprehensive range of health and social services designed to allow eligible seniors to remain in their own communities. This approach not only prioritizes the individual's health and functioning but also fosters dignity and respect within their everyday lives.
By offering integrated care management through an interdisciplinary team, Element Care ensures that participants receive tailored services that include preventive, primary, acute, and long-term care. This model allows for a seamless continuum of care, reducing the need for institutional placements that can disrupt seniors' lives.
Their collaboration with the Senior Care Options (SCO) program extends their reach, accommodating a wider population of seniors who may not meet the stringent criteria of the PACE model. This flexibility enables Element Care to intervene earlier, providing support to healthier seniors and preventing declines in health that could necessitate more intensive care later on.
During the challenges posed by the COVID-19 pandemic, Element Care demonstrated agility and commitment by swiftly transitioning to in-home services for over 800 participants when their adult day health centers closed. This proactive step ensured that seniors continued to receive necessary care while maintaining their safety within the community. The gradual reopening of these centers further illustrates Element Care's dedication to adapting their services in response to evolving needs.
Overall, Element Care Inc plays a vital role in enhancing community health, ensuring that frail seniors can live safely and with dignity in their homes while receiving comprehensive care tailored to their specific needs.
This information is meant to be a general summary of Element Care 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: $320,152
- Program Service Revenue: $106,756,202
- Gross Receipts: $107,097,540
Assets and Liabilities:
- Total Assets: $93,315,351
- Total Liabilities: $11,921,421
- Net Assets: $81,393,930
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICES
Revenue
$106,756,202
Organization Details
Founding Year
1994
Phone
(781) 715-6608Principal Officer
Robert Durante
Main Address
37 FRIEND STREET, LYNN, MA, 01902
Website
www.elementcare.orgNTEE Category
Code: P81Z - Human services
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