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South Cove Nursing Facilities Foundation Inc

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

EIN: 046406242 ✦ Quincy, MA ✦ Designated as a 501(c)(3)

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Overview

What is South Cove Nursing Facilities Foundation Inc?

South Cove Nursing Facilities Foundation Inc is a nonprofit organization located at 288 Washington Street, Quincy, MA 02169. Their primary focus is to support and promote charitable and benevolent programs aimed at assisting the elderly from the Asian community. They accomplish this by raising funds and collaborating with other organizations that manage a 141-bed long-term care facility. The organization's mission involves planning, financing, operating, and maintaining nursing and affordable housing facilities, with the ultimate goal of enhancing the well-being of the Asian elderly population.


Official website here: www.southcovemanor.com

Is South Cove Nursing Facilities Foundation Inc legitimate?

South Cove Nursing Facilities Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Cove Nursing Facilities Foundation 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: $0

For more financial information, click here


Official website here: www.southcovemanor.com

What is the mission statement of South Cove Nursing Facilities Foundation Inc?

South Cove Nursing Facilities Foundation Inc's mission is centered around promoting and supporting programs for the Asian elderly. The organization achieves this mission by planning, financing, operating, and maintaining nursing and affordable housing facilities. Their charitable and benevolent activities are geared towards supporting the needs of the elderly Asian community. In addition, they raise funds and provide support to other organizations operating a long-term care facility with 141 beds. The foundation's goal is to enhance the quality of life for the Asian elderly population.


Official website here: www.southcovemanor.com

Who is the CEO of South Cove Nursing Facilities Foundation Inc?

William Graves is the President & Ceo of South Cove Nursing Facilities Foundation Inc. The CEO's salary of South Cove Nursing Facilities Foundation Inc is $0 and their total compensation is $284,358.


Official website here: www.southcovemanor.com

What is the revenue of South Cove Nursing Facilities Foundation Inc?

South Cove Nursing Facilities Foundation Inc's revenue in 2022 was $1,017,488.


Official website here: www.southcovemanor.com

Who are the executives of South Cove Nursing Facilities Foundation Inc and what are their salaries?

There 24 volunteers at South Cove Nursing Facilities Foundation Inc.


Here are 24 key members and their salaries (South Cove Nursing Facilities Foundation Inc's CEO's salary is $0 and their total compensation is $284,358):


David T Ting (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather O'Sullivan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Mui (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Cheng Esq (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Luo Cfa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hon Hoi Yee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helen Chin Schlichte (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Hsu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leonard Lai Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alice L Rose Rn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Chin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marianne Bowler Honorable (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hemmie Chang (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Law (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
May Chin (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Qu (Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Lui (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Schlichte (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stanley Elkerton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Chiu Md (Director (Joined 7/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Olivia Wong (Director (Joined 7/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Cheng Ag (Director (Joined 7/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
William Graves (President & Ceo)
  • Compensation: $0
  • Related: $271,914
  • Other: $12,444
Scott Hanson (Director Of Finance)
  • Compensation: $0
  • Related: $146,944
  • Other: $6,192


Official website here: www.southcovemanor.com

Where can I find the form 990 for South Cove Nursing Facilities Foundation Inc?

South Cove Nursing Facilities Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.southcovemanor.com

Learn more at the official website: www.southcovemanor.com

Mission Statement of South Cove Nursing Facilities Foundation Inc

South Cove Nursing Facilities Foundation Inc is dedicated to promoting and supporting charitable and benevolent programs aimed at improving the lives of the Asian elderly. To achieve this mission, the organization engages in various activities, primarily focused on planning, financing, operating, and maintaining nursing and affordable housing facilities. By doing so, South Cove Nursing Facilities Foundation Inc seeks to provide a supportive environment for the Asian elderly, addressing their unique needs and ensuring their well-being.

Furthermore, the foundation supports its mission by fundraising and offering aid to other organizations that operate a 141-bed long-term facility. This approach allows South Cove Nursing Facilities Foundation Inc to extend its reach and impact, ensuring that the Asian elderly population has access to the necessary resources and care they require. By actively supporting other organizations, South Cove Nursing Facilities Foundation Inc strengthens its commitment to promoting and advocating for the needs of the Asian elderly community.

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Impact




October, 2024

South Cove Nursing Facilities Foundation Inc significantly enhances the quality of life for the Asian elderly community by promoting and supporting essential programs and services. By fundraising and collaborating with organizations that operate a 141-bed long-term care facility, it ensures that vital resources and support are available for this demographic.

The foundation focuses on developing and maintaining nursing and care facilities that cater specifically to the needs of Asian seniors, recognizing cultural nuances and preferences that are often overlooked in standard care settings. Through its efforts, the organization not only provides healthcare services but also enhances the overall well-being of the elderly by fostering a sense of community and belonging. This commitment to charitable and benevolent initiatives creates a positive impact on individual lives, families, and the community at large, demonstrating the importance of tailored support for vulnerable populations.




This information is meant to be a general summary of South Cove Nursing Facilities Foundation 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
$1,017,488 (2022)
Expenses
$115,571 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $729,355
  • Gross Receipts: $3,482,945

Assets and Liabilities:

  • Total Assets: $15,783,171
  • Total Liabilities: $0
  • Net Assets: $15,783,171

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Organization Details

Founding Year

1977

Principal Officer

William Graves

Main Address

288 WASHINGTON STREET, QUINCY, MA, 02169

NTEE Category

Code: E91 - Health

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