Overview
What is Bethany Community Services Inc?
Bethany Community Services Inc, located in Haverhill, Massachusetts, is a nonprofit organization dedicated to supporting an elderly community of 362 households. Their primary mission involves providing essential services such as meal preparation, housekeeping, laundry, maintenance, and social activities. This comprehensive care aims to enhance the quality of life for the elderly residents. With a workforce of 55 dedicated individuals, Bethany Community Services Inc is committed to ensuring the well-being and comfort of their elderly community, offering a vital lifeline in their daily lives.
Official website here: www.bethanycommunities.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Bethany Community Services Inc has received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 62%. This rating indicates that while the organization shows certain strengths in governance, it struggles with financial management. Specifically, the organization boasts a fully independent board and has solid policies in place regarding conflicts of interest and document retention, reflecting strong governance practices.
However, the nonprofit's financial performance is concerning. It has a high liabilities to assets ratio of 72.58%, which raises red flags about its financial stability. Additionally, the program expense ratio stands at 55.11%, suggesting that less than ideal funds are being allocated directly to its programs. The absence of the tax form on its website is another notable limitation, which could affect transparency and public trust.
Overall, while Bethany Community Services Inc demonstrates strong accountability practices, it faces significant challenges in financial health and transparency that potential donors and supporters should consider.
This AI summary has been generated from information found on Charity Navigator.
Is Bethany Community Services Inc legitimate?
Bethany Community Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bethany Community Services 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: $250,853
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,141,831
For more financial information, click here
Official website here: www.bethanycommunities.org
What is the mission statement of Bethany Community Services Inc?
Bethany Community Services Inc is committed to serving the elderly population. Their primary mission involves providing a range of essential services, including meals, housekeeping, laundry, maintenance, and social activities, to support an elderly community of approximately 362 households. Their goal is to enhance the quality of life for these elderly individuals, ensuring they receive the necessary care and assistance they require. The organization also undertakes various administrative duties to ensure the smooth running of their operations.
Official website here: www.bethanycommunities.org
Who is the CEO of Bethany Community Services Inc?
Jered Stewart is the Chair of Bethany Community Services Inc. The CEO's salary of Bethany Community Services Inc is $250,853 and their total compensation is $290,051.
Official website here: www.bethanycommunities.org
What is the revenue of Bethany Community Services Inc?
Bethany Community Services Inc's revenue in 2022 was $3,315,011.
Official website here: www.bethanycommunities.org
Who are the executives of Bethany Community Services Inc and what are their salaries?
The average compensation at Bethany Community Services Inc during 2022 was $25,322. There are 55 employees and 5 volunteers at Bethany Community Services Inc.
Here are 15 key members and their salaries (Bethany Community Services Inc's CEO's salary is $250,853 and their total compensation is $290,051):
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- Compensation: $250,853
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- Other: $39,198
- Compensation: $121,888
- Related: $30,472
- Other: $38,400
- Compensation: $110,813
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- Other: $24,389
Official website here: www.bethanycommunities.org
Where can I find the form 990 for Bethany Community Services Inc?
Bethany Community Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bethanycommunities.org
Learn more at the official website: www.bethanycommunities.org
Mission Statement of Bethany Community Services Inc
Bethany Community Services Inc is dedicated to serving the elderly community. Their mission involves providing a comprehensive range of services to enhance the quality of life for this group. This includes preparing meals, maintaining cleanliness through housekeeping and laundry services, handling necessary repairs and upkeep, and organizing social activities to foster a sense of companionship. By undertaking these supportive and administrative duties, Bethany Community Services Inc aims to create an environment that caters to the needs of its elderly community, comprising 362 households.
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Impact
October, 2024
Bethany Community Services Inc significantly enhances the quality of life for the elderly population in Haverhill, MA. By offering essential services such as meals, housekeeping, laundry, and maintenance, the organization supports the daily needs of 362 households in the community. Additionally, it fosters social engagement through various activities, helping to combat isolation and loneliness among seniors. The impact of these services is profound, as they not only provide physical assistance but also contribute to the emotional and mental well-being of elderly residents, ensuring they can live with dignity and independence.
This information is meant to be a general summary of Bethany Community Services 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 2022.
- Investment Income: $306,349
- Program Service Revenue: $1,938,590
- Gross Receipts: $4,268,701
Assets and Liabilities:
- Total Assets: $45,392,921
- Total Liabilities: $32,947,182
- Net Assets: $12,445,739
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FOOD SERVICE
Revenue
$401,108
ADMINISTRATION
Revenue
$492,273
WELLNESS AND ASSISTED LIVING
Revenue
$605,520
ACTIVITIES/OTHER FEES
Revenue
$34,270
MAINTENANCE
Revenue
$68,320
Organization Details
Founding Year
1965
Phone
(978) 374-2160Principal Officer
Jered Stewart
Main Address
10 PHOENIX ROW, HAVERHILL, MA, 01832
Website
www.bethanycommunities.orgNTEE Category
Code: L020 - Housing
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