Overview
What is Chelsea Jewish North Shore Assisted Living Inc?
Chelsea Jewish North Shore Assisted Living Inc is a nonprofit organization situated in Peabody, Massachusetts. Their primary focus is on providing assisted living facilities, with a specific area dedicated to catering to individuals dealing with memory issues. The organization's mission is to enrich the lives of its residents and participants, enabling them to maintain a sense of meaning and purpose. To achieve this, they offer assisted living units tailored to their tenants' needs. The organization, often referred to as Harriet and Ralph Kaplan Estates, prides itself on its commitment to enhancing the quality of life for its residents.
Official website here: www.chelseajewish.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Chelsea Jewish North Shore Assisted Living Inc has received a Two-Star out of Four Star rating from Charity Navigator, reflecting a score of 66%. This rating indicates that the organization has room for improvement, particularly in the area of accountability and finance. While they have received high marks for their financial statements and policies, their governance structure is lacking, notably with no majority independent board members.
The organization has demonstrated strong compliance in key areas such as material diversion of assets and policies for whistleblowing and conflict of interest. However, their score suffers due to a complete absence of independent board members and a poor liabilities to assets ratio, which raises concerns about financial stability and oversight. Additionally, their tax form is not adequately posted on their website, which is a requirement that affects transparency.
Overall, while Chelsea Jewish North Shore Assisted Living Inc shows strengths in certain financial practices, the lack of an independent board and shortcomings in accountability measures suggest significant areas for development. This rating serves as a reminder for potential donors and stakeholders to look deeper into the organization's governance and financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Chelsea Jewish North Shore Assisted Living Inc legitimate?
Chelsea Jewish North Shore Assisted Living Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chelsea Jewish North Shore Assisted Living 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,903,115
For more financial information, click here
Official website here: www.chelseajewish.org
What is the mission statement of Chelsea Jewish North Shore Assisted Living Inc?
Chelsea Jewish North Shore Assisted Living Inc's mission is centered around enriching the lives of its residents and program participants. By doing so, the organization aims to help each individual continue living with a sense of meaning and purpose. They provide assisted living units, with 40 specifically designed for tenants requiring care related to memory issues. The organization's mission is to offer a supportive environment that caters to the unique needs of its residents, enhancing their quality of life.
Official website here: www.chelseajewish.org
Who is the CEO of Chelsea Jewish North Shore Assisted Living Inc?
Adam Berman is the CEO of Chelsea Jewish North Shore Assisted Living Inc The CEO's salary of Chelsea Jewish North Shore Assisted Living Inc is $0 and their total compensation is $750,987.
Official website here: www.chelseajewish.org
What is the revenue of Chelsea Jewish North Shore Assisted Living Inc?
Chelsea Jewish North Shore Assisted Living Inc's revenue in 2023 was $9,553,135.
Official website here: www.chelseajewish.org
Who are the executives of Chelsea Jewish North Shore Assisted Living Inc and what are their salaries?
There 1 volunteer at Chelsea Jewish North Shore Assisted Living Inc.
Here are 11 key members and their salaries (Chelsea Jewish North Shore Assisted Living Inc's CEO's salary is $0 and their total compensation is $750,987):
- Compensation: $0
- Related: $893,369
- Other: $10,548
- Compensation: $0
- Related: $729,661
- Other: $21,326
- Compensation: $0
- Related: $292,864
- Other: $8,407
- Compensation: $0
- Related: $82,682
- Other: $107
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $208,928
- Other: $20,813
- Compensation: $0
- Related: $255,638
- Other: $20,890
- Compensation: $0
- Related: $208,131
- Other: $7,906
- Compensation: $0
- Related: $195,121
- Other: $7,219
- Compensation: $0
- Related: $197,110
- Other: $0
- Compensation: $0
- Related: $204,322
- Other: $20,387
Official website here: www.chelseajewish.org
Where can I find the form 990 for Chelsea Jewish North Shore Assisted Living Inc?
Chelsea Jewish North Shore Assisted Living Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.chelseajewish.org
Learn more at the official website: www.chelseajewish.org
Mission Statement of Chelsea Jewish North Shore Assisted Living Inc
Chelsea Jewish North Shore Assisted Living Inc is committed to enriching the lives of its residents and program participants. Their mission is to provide an environment where each individual can continue living with a sense of meaning and purpose. This is achieved through the operation of assisted living units, including 40 specifically designed units catering to individuals with memory issues. By offering assistance and care, Chelsea Jewish North Shore Assisted Living Inc aims to enhance the quality of life for its tenants, ensuring they can maintain their independence and dignity.
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Impact
July, 2024
Chelsea Jewish North Shore Assisted Living Inc's impact is deeply felt in the lives of its residents and program participants. By providing a supportive and enriching environment, the organization ensures that each individual can continue to live with a sense of meaning and purpose. Through its operation of a 134-unit assisted living facility, including 40 units specialized in memory care, Chelsea Jewish North Shore Assisted Living Inc positively impacts the lives of those in need of assisted living services in Peabody, MA.
This information is meant to be a general summary of Chelsea Jewish North Shore Assisted Living 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 2023.
- Investment Income: $59,492
- Program Service Revenue: $9,306,244
- Gross Receipts: $9,563,899
Assets and Liabilities:
- Total Assets: $16,878,545
- Total Liabilities: $14,294,260
- Net Assets: $2,584,285
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICE REVENU
Revenue
$9,306,244
Organization Details
Founding Year
1995
Principal Officer
Adam Berman
Website
www.chelseajewish.orgNTEE Category
Code: L22 - Housing
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