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Voa Concord Assisted Living Inc

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

EIN: 043456705 ✦ Concord, MA ✦ Designated as a 501(c)(3)

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Overview

What is Voa Concord Assisted Living Inc?

Voa Concord Assisted Living Inc, located at 68 Commonwealth Avenue, Concord, MA 01742, is a nonprofit organization dedicated to serving the elderly, including individuals of low and moderate income. Their primary mission is to operate assisted living facilities, providing a supportive environment for qualified elderly individuals. With a workforce of 85 employees, Voa Concord Assisted Living Inc strives to offer vital assistance, ensuring that the elderly can maintain their independence and well-being while living in a secure and nurturing environment.


Official website here: www.voamass.org

What are the reviews and ratings of this charity?

Charity Navigator rates Voa Concord Assisted Living Inc at 81%, giving it a Three-Star out of Four Star rating. This score is based solely on the Accountability & Finance beacon, reflecting the organization's transparency and responsible financial management. The rating suggests that the nonprofit is effectively utilizing its resources and maintaining a solid financial structure.

One of the notable strengths of Voa Concord Assisted Living is its governance, with 60% of its board members being independent, which contributes to better oversight and accountability. The organization scored full points in several categories, including its Audit and Oversight Committee and the absence of any material diversion of assets, indicating a strong commitment to ethical practices and safeguarding its resources.

However, while the overall score is positive, it primarily revolves around financial metrics. Potential donors or supporters may want to seek additional information regarding the organization's programmatic impact and community engagement, as these aspects are not reflected in the current rating. Overall, Voa Concord Assisted Living demonstrates solid financial practices and governance, making it a trustworthy option for support.


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

Is Voa Concord Assisted Living Inc legitimate?

Voa Concord Assisted Living Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Voa Concord 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: $2,875,729

For more financial information, click here


Official website here: www.voamass.org

What is the mission statement of Voa Concord Assisted Living Inc?

Voa Concord Assisted Living Inc's mission is centered around providing assisted living facilities for qualified elderly individuals. The corporation not only operates but also developed such facilities, catering to a diverse population, including individuals with low and moderate income. The purpose of these facilities is to offer support and care to the elderly, ensuring they can live with dignity and comfort. Voa Concord Assisted Living Inc is committed to making these services accessible to as many eligible individuals as possible.


Official website here: www.voamass.org

Who is the CEO of Voa Concord Assisted Living Inc?

Charles Gagnon is the Asst Treas R of Voa Concord Assisted Living Inc.


Official website here: www.voamass.org

What is the revenue of Voa Concord Assisted Living Inc?

Voa Concord Assisted Living Inc's revenue in 2022 was $7,149,024.


Official website here: www.voamass.org

Who are the executives of Voa Concord Assisted Living Inc and what are their salaries?

The average compensation at Voa Concord Assisted Living Inc during 2022 was $33,832. There are 85 employees at Voa Concord Assisted Living Inc.


Here are 8 key members and their salaries:


Nabil Abdou (Asst Treas R)
  • Compensation: $0
  • Related: $240,266
  • Other: $15,476
Natasha Heimrath (Executive Di)
  • Compensation: $152,128
  • Related: $0
  • Other: $13,734
Maynard Forbes (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Gagnon (President/Ce)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gayle H Lacroix (Asst Treas 1)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Segal (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Umphrey (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Zimlicki (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.voamass.org

Where can I find the form 990 for Voa Concord Assisted Living Inc?

Voa Concord Assisted Living Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.voamass.org

Learn more at the official website: www.voamass.org

Mission Statement of Voa Concord Assisted Living Inc

Voa Concord Assisted Living Inc is committed to operating assisted living facilities for qualified elderly individuals. The corporation's mission extends beyond basic care, as it specifically caters to elderly individuals, including those of low and moderate income. By developing and managing an assisted living facility, Voa Concord Assisted Living Inc aims to provide a living environment that supports the needs of its elderly residents, ensuring they receive the care they require.

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Impact




July, 2024

Voa Concord Assisted Living Inc's impact is significant in providing quality assisted living facilities for qualified elderly individuals in Concord, MA, particularly those with low and moderate incomes. By offering a safe and supportive environment for the elderly, this organization plays a crucial role in enhancing the quality of life for its residents. Their mission to serve the elderly, especially those in underserved communities, demonstrates a commitment to promoting human services and ensuring that elderly individuals receive the care and support they need.




This information is meant to be a general summary of Voa Concord 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.

Revenue
$7,149,024 (2022)
Expenses
$7,556,947 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $291
  • Program Service Revenue: $6,837,989
  • Gross Receipts: $7,149,024

Assets and Liabilities:

  • Total Assets: $28,291,578
  • Total Liabilities: $30,325,634
  • Net Assets: -$2,034,056

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Programs

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

RESIDENT FEES

Revenue

$6,837,989

Organization Details

Founding Year

1998

Principal Officer

Charles Gagnon

Main Address

68 COMMONWEALTH AVENUE, CONCORD, MA, 01742

NTEE Category

Code: P260 - Human services

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