Somerville-Cambridge Elder Services Incorporated
- Assets
- $26.1m
- Revenue
- $37.4m
- Investments
- $0.0
- Employees
- 170
- Location
- Somerville, MA
- Founding
- 04/1973
- Data as of
- 06/2023
- EIN
- 04-2515020
Organization Overview
Somerville-Cambridge Elder Services Incorporated is located in Somerville, MA. The organization was established in 1973. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. As of 06/2023, Somerville-Cambridge Elder Services Incorporated employed 170 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Somerville-Cambridge Elder Services Incorporated 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 06/2023, Somerville-Cambridge Elder Services Incorporated generated $37.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $36.8m during the year ending 06/2023. While expenses have increased by 1.5% per year over the past 8 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.
Since 2015, Somerville-Cambridge Elder Services Incorporated has awarded 34 individual grants totaling $562,884. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SOMERVILLE-CAMBRIDGE ELDER SERVICES IS A NON-PROFIT AGENCY THAT PROVIDES INFORMATION, SERVICES, AND ADVOCACY TO HELP OLDER ADULTS LIVE INDEPENDENTLY IN THE SETTING OF THEIR CHOICE. ESTABLISHED IN 1972 AS PART OF A NATIONAL MOVEMENT TOWARD PROVIDING COMMUNITY-BASED SERVICES AND SUPPORTS FOR OLDER ADULTS, OUR MISSION IS FOCUSED ON HELPING PEOPLE AGE IN PLACE, REGARDLESS OF INCOME LEVEL. WE HELP THOUSANDS OF OLDER ADULTS, CAREGIVERS, AND PEOPLE WITH DISABILITIES IN OUR SERVICE COMMUNITIES, OFTEN WORKING WITH THEM IN THEIR HOMES TO ASSESS NEEDS AND COORDINATE ASSISTANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COMMUNITY CHOICES PROGRAM PROVIDED HOME CARE SUPPORT IN FY2023 FOR 1,703 ELDERS WHO ARE ELIGIBLE FOR MASS HEALTH COVERAGE AND AT RISK OF PLACEMENT IN A LONG-TERM FACILITY. THIS PROGRAM IS SUPPORTED PRIMARILY BY MEDICAID FUNDING.
OTHER SERVICES PROVIDED BY THE ORGANIZATION IN FY2023 INCLUDE CASE MANAGEMENT, INFORMATION REFERRAL, TRANSPORTATION, HEALTH SCREENING, FRIENDLY VISITING, NUTRITION, CHORES, PROTECTIVE AND HOMEMAKER SERVICES.
ADULT FAMILY CARE PROVIDED COMPENSATION AND SUPPORT TO INFORMAL CAREGIVERS, ALLOWING INDIVIDUALS WITH DISABILITY TO RECEIVE CARE AT HOME. THE PROGRAM IS SUPPORTED PRIMARILY BY MEDICAID FUNDING. THE PROGRAM PROVIDED SERVICES TO 266 INDIVIDUALS IN FY2023.
THE HOME CARE PROGRAM PROVIDED SERVICES IN FY2023 TO 11,969 OLDER RESIDENTS OF CAMBRIDGE AND SOMERVILLE WHO NEED ASSISTANCE SO THEY MAY CONTINUE TO LIVE INDEPENDENTLY AND SAFELY AT HOME. DEPENDING ON INCOME AND ELIGIBILITY, SERVICES MAY BE STATE-SUBSIDIZED. THE PROGRAM IS FUNDED PRIMARILY BY STATE CONTRACTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donna Vaskelis CFO | Officer | 40 | $168,626 |
Anne L Fowler Chief Prog O | 40 | $149,920 | |
Elise Farrell Asst Homecar | 40 | $120,003 | |
Marta Corvelo Executive Di | Officer | 40 | $115,943 |
Ellyn Torres Director Of | 40 | $111,667 | |
Ellen Ellis Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Metropolitan Home Health Svcs Elder Care Svcs | 6/29/23 | $4,128,969 |
Associated Home Care Llc Elder Care Svcs | 6/29/23 | $2,406,095 |
Anodyne Homemaker Services Elder Care Svcs | 6/29/23 | $2,326,397 |
Multicultural Home Care Inc Elder Care Svcs | 6/29/23 | $2,919,279 |
Right At Home Elder Care Svcs | 6/29/23 | $1,683,737 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $29,689,320 |
| All other contributions, gifts, grants, and similar amounts not included above | $805,559 |
| Noncash contributions included in lines 1a–1f | $37,024 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,494,879 |
| Total Program Service Revenue | $6,133,370 |
| Investment income | $321,288 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $74,136 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $37,413,945 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $81,930 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $378,665 |
| Compensation of current officers, directors, key employees. | $378,665 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,564,281 |
| Pension plan accruals and contributions | $218,207 |
| Other employee benefits | $1,071,263 |
| Payroll taxes | $647,123 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $34,056 |
| Fees for services: Accounting | $38,120 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $27,292 |
| Fees for services: Other | $18,004,212 |
| Advertising and promotion | $57,638 |
| Office expenses | $102,637 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $987,111 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $43,313 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $101,243 |
| Insurance | $57,752 |
| All other expenses | $82,520 |
| Total functional expenses | $36,793,699 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,352,332 |
| Savings and temporary cash investments | $6,341,173 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,055,640 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $257,448 |
| Net Land, buildings, and equipment | $545,414 |
| Investments—publicly traded securities | $5,240,910 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,302,496 |
| Total assets | $26,095,413 |
| Accounts payable and accrued expenses | $5,043,171 |
| Grants payable | $0 |
| Deferred revenue | $379,152 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,472,372 |
| Total liabilities | $8,894,695 |
| Net assets without donor restrictions | $17,176,611 |
| Net assets with donor restrictions | $24,107 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $26,095,413 |
Grants Awarded
Over the last fiscal year, Somerville-Cambridge Elder Services Incorporated has awarded $81,930 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
GREATER BOSTON CHINESE GOLDEN AGE PURPOSE: ELDER SUPPORT | $8,900 |
MA ALLIANCE OF PORTUGUESE SPEAKERS PURPOSE: SR.CTR ELDER SVC PRG | $7,450 |
GREATER BOSTON LEGAL SERVICES PURPOSE: SR. CITIZEN LAW PROJ | $42,000 |
SOMERVILLE COUNCIL ON AGING PURPOSE: ELDER SUPPORT | $6,522 |
DE NOVO CTR FOR JUSTICE & HEALING PURPOSE: ELDER SUPPORT | $17,058 |