Overview
What is Hebrew Seniorlife Inc?
Hebrew Seniorlife Inc, based in Boston, MA, is a distinguished nonprofit organization dedicated to enhancing the lives of seniors. They offer senior living communities, top-tier geriatric healthcare, groundbreaking research on human aging, and educational opportunities. Their mission prioritizes the independence, spiritual vitality, dignity, and choices of elders while recognizing their worth as valuable resources. Hebrew Seniorlife provides exceptional care for the most vulnerable members of the community.
Official website here: www.hebrewseniorlife.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Star rating)
Hebrew Seniorlife Inc has achieved a high score of 95% from Charity Navigator, reflecting its strong performance in accountability and financial management. The organization has an independent board with 100% of its members being independent, and it receives top marks for its financial oversight, including a lack of material asset diversion and a solid audit committee structure.
The nonprofit demonstrates a robust program expense ratio of 74.56%, indicating that a significant portion of its funds is allocated directly to its programs. Additionally, it has a favorable working capital ratio of 16.40 years, which suggests financial stability and sustainability. However, the organization has room for improvement in fundraising efficiency, with a score of $0.31, which indicates that a higher percentage of funds raised goes toward fundraising costs compared to its overall financial health.
Overall, Hebrew Seniorlife Inc stands out for its commitment to transparency and responsible financial practices, making it a reliable choice for donors looking to support a nonprofit dedicated to serving seniors. Its governance practices and funding allocation highlight a strong dedication to accountability, although enhancing fundraising efficiency would further elevate its operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Hebrew Seniorlife Inc legitimate?
Hebrew Seniorlife Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hebrew Seniorlife 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: $3,670,809
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,934,289
For more financial information, click here
Official website here: www.hebrewseniorlife.org
What is the mission statement of Hebrew Seniorlife Inc?
Hebrew Seniorlife Inc's mission revolves around honoring and respecting the independence, spiritual vigor, dignity, and choice of elders. They believe that seniors are a valuable resource deserving of care, particularly for those who are frailest and most in need. Through their efforts, they accept a special responsibility to provide for the well-being of this vulnerable population. Their commitment extends beyond basic care, touching upon the spiritual and emotional aspects of aging. By fostering an environment that respects and cherishes elders, Hebrew Seniorlife Inc aims to create a nurturing and supportive community for seniors at every stage of their lives.
Official website here: www.hebrewseniorlife.org
Who is the CEO of Hebrew Seniorlife Inc?
Unavailable The CEO's salary of Hebrew Seniorlife Inc is $1,235,441 and their total compensation is $1,341,362.
Official website here: www.hebrewseniorlife.org
What is the revenue of Hebrew Seniorlife Inc?
Hebrew Seniorlife Inc's revenue in 2022 was $30,511,901.
Official website here: www.hebrewseniorlife.org
Who are the executives of Hebrew Seniorlife Inc and what are their salaries?
The average compensation at Hebrew Seniorlife Inc during 2022 was $117,878. There are 73 employees and 275 volunteers at Hebrew Seniorlife Inc.
Here are 36 key members and their salaries (Hebrew Seniorlife Inc's CEO's salary is $1,235,441 and their total compensation is $1,341,362):
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- Compensation: $301,494
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- Compensation: $491,138
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- Compensation: $1,235,441
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- Other: $105,921
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- Other: $47,214
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- Compensation: $340,148
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- Other: $44,827
- Compensation: $215,713
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- Other: $56,194
Official website here: www.hebrewseniorlife.org
Where can I find the form 990 for Hebrew Seniorlife Inc?
Hebrew Seniorlife Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hebrewseniorlife.org
Learn more at the official website: www.hebrewseniorlife.org
Mission Statement of Hebrew Seniorlife Inc
Hebrew Seniorlife Inc, a prominent nonprofit organization, is dedicated to honoring the elders in our community by promoting their independence, spiritual vigor, dignity, and choice. The mission of Hebrew Seniorlife acknowledges the unique responsibility it holds towards the frailest and neediest members of society who are heavily reliant on their care.
Hebrew Seniorlife values the elders as valuable resources to be cherished rather than burdens. It strives to uphold their independence by providing essential support and care, enabling them to live with dignity and choice. The organization recognizes the importance of respecting the elders' spiritual well-being and nurturing their spirit, allowing them to age gracefully and live fulfilling lives.
In line with its mission, Hebrew Seniorlife Inc accepts the special responsibility of caring for the elders most in need. By serving them with compassion and dedication, the organization creates an inclusive community where aging individuals can thrive and contribute to society in their own unique ways. Hebrew Seniorlife's focus on the elders' well-being extends beyond the basics, encompassing their physical, emotional, and spiritual needs, ultimately empowering them to live their best lives.
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Impact
October, 2024
Hebrew SeniorLife Inc has a significant impact on the aging population through its comprehensive approach to senior living and health care. The organization provides a range of services that enhance the quality of life for older adults, including senior living communities and geriatric health care. By focusing on aging research and medical education, Hebrew SeniorLife not only improves care practices but also contributes to a greater understanding of the aging process.
Their mission emphasizes honoring elders by promoting their independence, dignity, and choice, recognizing them as valuable resources within the community. This approach fosters an environment where seniors feel respected and empowered. Additionally, Hebrew SeniorLife extends its commitment to the most vulnerable and dependent members of the community, ensuring that they receive the care and support they need.
Through these initiatives, Hebrew SeniorLife plays a crucial role in transforming the aging experience, advocating for the rights and well-being of seniors, and creating a more inclusive and supportive community for older adults.
This information is meant to be a general summary of Hebrew Seniorlife 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: $7,292,652
- Program Service Revenue: $9,990,771
- Gross Receipts: $51,361,284
Assets and Liabilities:
- Total Assets: $304,176,064
- Total Liabilities: $8,699,305
- Net Assets: $295,476,759
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES FROM AFFILIATES
Revenue
$9,270,771
LAND LEASE REVENUE FROM AFFILIATES
Revenue
$720,000
Organization Details
Founding Year
2003
Phone
(617) 363-8000Main Address
1200 CENTRE STREET, BOSTON, MA, 02131
Website
www.hebrewseniorlife.orgNTEE Category
Code: T02 - Philanthropy
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