Overview
What is Bay Cove Orchardfield Residence Inc C/O Bay Cove Human Services?
Bay Cove Orchardfield Residence Inc, a subsidiary of Bay Cove Human Services, is a nonprofit organization situated in Boston, Massachusetts. Their primary mission is to provide low-income housing for disabled individuals, offering facilities and services tailored to meet their physical, social, and psychological needs. This organization is dedicated to enhancing the living conditions of disabled individuals, ensuring they have a safe and supportive environment. The specific details of the services they provide, such as recreational activities, healthcare, and social support, are not specified in the information provided.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star Rating.
Bay Cove Orchardfield Residence Inc, part of Bay Cove Human Services, has received a strong rating of 90% from Charity Navigator, which reflects its solid performance in accountability and finance. The organization boasts a perfect score in several key areas, including the independence of its board members and the presence of essential policies, indicating a strong commitment to good governance and ethical standards.
The financial health of the organization appears robust, with an impressive program expense ratio of 83.57%, demonstrating that a significant portion of its resources is directed towards its programs rather than administrative costs. Additionally, there are no noted diversions of assets, which suggests effective management of funds. The liabilities to assets ratio of 55.30% is acceptable but indicates there is room for improvement in managing financial obligations.
While the charity excels in many areas, like maintaining a high level of fiscal accountability and ensuring transparency, the slight concern regarding its liabilities suggests potential financial risks. Nonetheless, the overall performance highlights a well-managed organization that prioritizes its mission and the communities it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Bay Cove Orchardfield Residence Inc C/O Bay Cove Human Services legitimate?
Bay Cove Orchardfield Residence Inc C/O Bay Cove Human Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bay Cove Orchardfield Residence Inc C/O Bay Cove Human Services 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:
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Other Salaries and Wages: $0
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What is the mission statement of Bay Cove Orchardfield Residence Inc C/O Bay Cove Human Services?
Bay Cove Orchardfield Residence Inc C/O Bay Cove Human Services, as an organization, is committed to providing low-income housing for individuals with disabilities. Their mission is geared towards offering housing facilities and services tailored to meet the physical, social, and psychological needs of these individuals. The aim is to ensure a comfortable living environment that caters to their unique requirements. Currently, the organization provides housing for four disabled individuals, demonstrating their dedication to this cause.
Who is the CEO of Bay Cove Orchardfield Residence Inc C/O Bay Cove Human Services?
Louis Josephson is the President/Ceo (As Of 6/22) of Bay Cove Orchardfield Residence Inc C/O Bay Cove Human Services. The CEO's salary of Bay Cove Orchardfield Residence Inc C/O Bay Cove Human Services is $0 and their total compensation is $0.
What is the revenue of Bay Cove Orchardfield Residence Inc C/O Bay Cove Human Services?
Bay Cove Orchardfield Residence Inc C/O Bay Cove Human Services's revenue in 2022 was $49,561.
Who are the executives of Bay Cove Orchardfield Residence Inc C/O Bay Cove Human Services and what are their salaries?
Here are 25 key members and their salaries (Bay Cove Orchardfield Residence Inc C/O Bay Cove Human Services's CEO's salary is $0 and their total compensation is $0):
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- Related: $59,113
- Other: $11,447
Where can I find the form 990 for Bay Cove Orchardfield Residence Inc C/O Bay Cove Human Services?
Bay Cove Orchardfield Residence Inc C/O Bay Cove Human Services's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bay Cove Orchardfield Residence Inc C/O Bay Cove Human Services
Bay Cove Orchardfield Residence Inc C/O Bay Cove Human Services, as a nonprofit organization, is dedicated to providing low-income housing for disabled individuals. Their mission is to create housing facilities and services tailored to meet the physical, social, and psychological needs of these individuals. By offering such accommodations, the organization aims to improve the quality of life for disabled persons, providing them with a safe and supportive environment.
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Impact
August, 2024
Bay Cove Orchardfield Residence Inc, operated by Bay Cove Human Services, provides housing facilities and services tailored to meet the physical, social, and psychological needs of disabled individuals. By offering low-income housing for four disabled individuals in Boston, Massachusetts, the organization is directly improving the lives of these individuals by ensuring they have a safe and supportive living environment. This kind of support contributes to enhancing the quality of life and overall well-being of the residents, helping them lead more independent and fulfilling lives.
This information is meant to be a general summary of Bay Cove Orchardfield Residence Inc C/O Bay Cove Human Services. 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: $1
- Program Service Revenue: $19,581
- Gross Receipts: $49,561
Assets and Liabilities:
- Total Assets: $318,059
- Total Liabilities: $151,020
- Net Assets: $167,039
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTAL INCOME
Revenue
$19,581
Organization Details
Founding Year
2000
Phone
(617) 371-3000Principal Officer
Louis Josephson
Main Address
66 CANAL STREET, BOSTON, MA, 02114
NTEE Category
Code: P73 - Human services
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