German Old Folks Home Inc

Organization Overview

German Old Folks Home Inc is located in Lawrence, MA. The organization was established in 1963. According to its NTEE Classification (E90) the organization is classified as: Nursing, under the broad grouping of Health Care and related organizations. As of 12/2023, German Old Folks Home Inc employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. German Old Folks Home Inc 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 12/2023, German Old Folks Home Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $1.2m during the year ending 12/2023. While expenses have increased by 1.2% per year over the past 5 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

LONG-TERM CARE FACILITY; RESIDENTIAL CARE FOR MIDDLE AGE ADULTS AND ELDERS WHO REQUIRE A SUPRVISED AND PROTECTIVE ENVIRONMENT

Describe the Organization's Program Activity:

Part 3 - Line 4a

RESIDENT CARE PROVIDED FOR MIDDLE AGED AND ELDERLY MEN AND WOMEN IN A 31 BED PROFESSIONAL CARE FACILITY LICENSED BY THE MA DEPARTMENT OF PUBLIC HEALTH AS A LONG-TERM CARE FACILITY. HOUSING, DAILY MEALS, SUPPORT SERVICES AND MEDICAL OVERSIGHT ARE PROVIDED BY A STAFF ON DUTY 24 HOURS A DAY.


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Board, Officers & Key Employees

Name (title)Compensation
Susanna Daniel
Vice-Preside
$0
Marie Sullivan
Director
$0
Kim Tremblay
Secretary
$0
Roger Tremblay
President, T
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$11,150
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$11,150
Total Program Service Revenue$1,381,914
Investment income $2,943
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,396,007

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