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Jhc Assisted Living Corp

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043323502 ✦ Worcester, MA ✦ Designated as a 501(c)(3)

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Overview

What is Jhc Assisted Living Corp?

Jhc Assisted Living Corp is a nonprofit organization situated in Worcester, Massachusetts, specifically at 629 Salisbury Street, 01609. Their primary mission is to support and aid the elderly in maintaining an independent lifestyle. They achieve this objective by operating a continuing care facility. The organization employs a team of 139 individuals, all dedicated to fulfilling this mission. Their services extend beyond daily care, providing a supportive environment that empowers seniors to live independently.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79% (Three-Star out of Four Star Rating)

Jhc Assisted Living Corp has received a three-star rating from Charity Navigator, indicating a solid performance in accountability and finance. The score reflects a strong emphasis on financial accountability, with the organization excelling in areas such as having a majority of independent board members, comprehensive financial audits, and effective policies in place for conflicts of interest and whistleblowing.

The organization demonstrates robust financial practices, with a program expense ratio of approximately 84.66%, signifying that a significant portion of its funds is directed towards its programs. However, it has been noted that the liabilities to assets ratio is concerning at 113.88%, which could indicate potential financial strain or risk.

While Jhc Assisted Living Corp shows commendable strengths in governance and financial oversight, stakeholders should consider the implications of its high liabilities relative to its assets. Overall, the organization appears to maintain a solid footing in operational ethics, though the financial stability aspect warrants close monitoring.


This AI summary has been generated from information found on Charity Navigator.

Is Jhc Assisted Living Corp legitimate?

Jhc Assisted Living Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jhc Assisted Living Corp 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: $2,667,383

For more financial information, click here

What is the mission statement of Jhc Assisted Living Corp?

Jhc Assisted Living Corp's mission is centered around serving the elderly population. Their primary objective is to assist the elderly in maintaining their independence. They achieve this by operating a continuing care facility. This facility provides a supportive environment, allowing the elderly to live as independently as possible. The corporation's activities are geared towards enhancing the quality of life for the elderly, promoting their independence and autonomy. The focus is on providing necessary care and assistance, enabling the elderly to live fulfilling lives.

Who is the CEO of Jhc Assisted Living Corp?

Lisa Cohen is the Director of Jhc Assisted Living Corp.

What is the revenue of Jhc Assisted Living Corp?

Jhc Assisted Living Corp's revenue in 2022 was $5,243,241.

Who are the executives of Jhc Assisted Living Corp and what are their salaries?

The average compensation at Jhc Assisted Living Corp during 2022 was $19,190. There are 139 employees and 30 volunteers at Jhc Assisted Living Corp.


Here are 31 key members and their salaries:


David Cohen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Minna Gregerman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Yoffie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Strogoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dorothy Star (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ivan Green (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Markowitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Salitsky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Tankanow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Kashuk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Shwachman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Meyers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Sosnoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Patrick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blanche Lonstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Warren Pallwey (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Feigold (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Aframe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harriette Chandler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Glick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Herman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Krintzman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melvin Pelletz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jrobert Seder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Sher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Green Berg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Yaffe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Cohen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Ostrow (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Wahle (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vincent Librandi (Executive Director)
  • Compensation: $0
  • Related: $211,534
  • Other: $39,296
Where can I find the form 990 for Jhc Assisted Living Corp?

Jhc Assisted Living Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Jhc Assisted Living Corp

Jhc Assisted Living Corp, as a nonprofit organization, is committed to serving the elderly population. Their mission is centered around assisting the elderly in maintaining their independence. They achieve this by operating a continuing care facility. This facility serves as a supportive environment where the elderly can live with a sense of autonomy, ensuring their daily needs are met without compromising their independence. By operating a continuing care facility, Jhc Assisted Living Corp aims to provide a sanctuary where the elderly can age gracefully, maintaining their dignity and independence.

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Impact




July, 2024

Jhc Assisted Living Corp's impact lies in its commitment to serving and assisting the elderly in maintaining an independent lifestyle through the operation of a continuing care facility in Worcester, MA. By providing essential services and support to the elderly population, Jhc Assisted Living Corp plays a significant role in enhancing the quality of life for seniors and promoting their well-being. The organization's focus on health and independence underscores its dedication to meeting the needs of the elderly community and making a positive impact on their lives.




This information is meant to be a general summary of Jhc Assisted Living Corp. 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.

Revenue
$5,243,241 (2022)
Expenses
$5,444,175 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $21,568
  • Program Service Revenue: $5,218,236
  • Gross Receipts: $5,470,308

Assets and Liabilities:

  • Total Assets: $4,936,354
  • Total Liabilities: $5,621,910
  • Net Assets: -$685,556

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PRIVATE RESIDENTS

Revenue

$4,514,488

RESPITE CARE

Revenue

$459,095

OTHER OPERATING INCOME

Revenue

$126,153

COMMUNITY FEE INCOME

Revenue

$118,500

Organization Details

Founding Year

1996

Principal Officer

Lisa Cohen

Main Address

629 SALISBURY STREET, WORCESTER, MA, 01609

NTEE Category

Code: E91Z - Health

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