Wardwell Home For The Aging
- Assets
- $0.0
- Revenue
- $1.8m
- Investments
- $4.8m
- Employees
- 0
- Location
- Saco, ME
- Founding
- 07/1942
- Data as of
- 06/2021
- EIN
- 01-0213987
Organization Overview
Wardwell Home For The Aging is located in Saco, ME. The organization was established in 1942. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wardwell Home For The Aging is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Wardwell Home For The Aging generated $1.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $1.5m during the year ending 06/2021. While expenses have increased by 0.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING HOUSING AND RESIDENTIAL SERVICES FOR THE ELDERLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly D Boisvert Executive Director | 40 | $79,966 | |
Cathryn Clark Finance Director | 15 | $38,884 | |
Lorraine Bouchard Director | 2 | $0 | |
Mark Peterson Director | 2 | $0 | |
Renee O'neil Director | 2 | $0 | |
Theo Ciampa Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,073 |
| Interest on Savings | $2,487 |
| Dividends & Interest | $201,832 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,269,027 |
| Total Revenue | $1,751,473 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $79,966 |
| Pension plans, employee benefits | $109,408 |
| Depreciation | $160,378 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $1,499,576 |
| Contributions, gifts, grants paid | $600 |
| Total expenses and disbursements | $1,500,176 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $576,583 |
| Investments—mortgage loans | $0 |
| Investments—other | $654,200 |
| Other assets | $1,802,134 |
| Mortgages and other notes payable | $1,733,996 |
| Other liabilities | $62,170 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Wardwell Home For The Aging has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Saco & Biddeford Savings Charitable Foundation Saco, ME PURPOSE: GENERAL OPERATING SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Birch Hill Terrace Manchester, NH | $49,349,537 | $13,228,793 |
Alternative Services Northeast Inc Lewiston, ME | $7,472,249 | $11,957,083 |
Alice Peck Day Lifecare Center Inc Lebanon, NH | $30,340,457 | $9,958,367 |
Home For The Aged Portland, ME | $36,502,674 | $7,577,034 |
New Hampshire Odd Fellows Home Concord, NH | $10,208,376 | $10,203,382 |
Senior Living Of Bedford Bedford, NH | $40,223,791 | $3,821,536 |
Independent Order Of Odd Fellows Auburn, ME | $4,021,849 | $4,169,820 |
Lincoln Home Newcastle, ME | $6,928,285 | $4,384,248 |
Senior Housing Of New Hampshire Inc Meredith, NH | $18,998,467 | $3,691,929 |
Visiting Nurse Home Care & Hospice Of Carroll County North Conway, NH | $5,715,671 | $4,013,115 |
Penacook Assisted Living Facility Inc Concord, NH | $6,039,581 | $3,141,981 |
Eldercare Network Of Lincoln County Damariscotta, ME | $3,411,459 | $3,079,365 |