Highland-Valley Elder Services Inc
- Assets
- $6.4m
- Revenue
- $15.0m
- Investments
- $0.0
- Employees
- 137
- Location
- Florence, MA
- Founding
- 11/1975
- Data as of
- 06/2023
- EIN
- 04-2563340
Organization Overview
Highland-Valley Elder Services Inc is located in Florence, MA. The organization was established in 1975. According to its NTEE Classification (P19) the organization is classified as: Support N.E.C., under the broad grouping of Human Services and related organizations. As of 06/2023, Highland-Valley Elder Services Inc employed 137 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Highland-Valley Elder Services 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 06/2023, Highland-Valley Elder Services Inc generated $15.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $14.1m during the year ending 06/2023. While expenses have increased by 8.3% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
HIGHLAND VALLEY ELDER SERVICES HELPS ELDERS LIVE AT HOME SAFELY AND INDEPENDENTLY FOR AS LONG AS POSSIBLE BY PROVIDING ASSISTANCE AND ACCESS TO A COMPREHENSIVE RANGE OF SERVICES. THROUGH A COMPREHENSIVE ASSESSMENT, CASE MANAGERS DETERMINE WHICH SERVICES ARE NEEDED, DEVELOP INDIVIDUALIZED SERVICE PLANS, ARRANGE FOR THE SERVICES AND MONITOR THEM TO ENSURE CLIENTS RECEIVE THE CARE THEY NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NUTRITIONHIGHLAND VALLEY ELDER SERVICES DELIVERS NUTRITIOUS MEALS AND DOES A WELLNESS CHECK FIVE DAYS A WEEK TO ELIGIBLE ELDERS AGE 60 AND OVER. MEALS ARE ALSO SERVED IN LOCAL DINING CENTERS THAT OFFER ELDERS AN OPPORTUNITY TO SHARE A DAILY MEAL AND CONVERSATION.
TITLE III SUPPORT SERVICES, OMBUDSMAN, CLINICAL ASSESSMENT & ELIGIBILITY, PROTECTIVE SERVICES, LONG-TERM CARE AND ADRC OPTIONS, MONEY MANAGEMENT PROGRAM, ENHANCED COMMUNITY OPTIONS PROGRAM, SUPPORTIVE HOUSING, TITLE III E
HOME CARE PROGRAMFROM BASIC HOMEMAKING AND PERSONAL CARE ASSISTANCE TO HEALTHCARE PLANNING, HIGHLAND VALLEY ELDER SERVICES STAFF COORDINATES A WIDE VARIETY OF SERVICES THAT ENABLE ELDERS TO STAY SAFELY IN THEIR HOMES. CARE ADVISORS AND NURSES CONDUCT REGULAR HOME VISITS TO MONITOR PROGRESS AND ADVOCATE FOR ELDERS WHO NEED ADDITIONAL SERVICES, INCLUDING ADULT DAY PROGRAMS, PERSONAL EMERGENCY RESPONSE SERVICES, HOME DELIVERED MEALS, AND MANY OTHER SERVICES.
COMMUNITY CHOICES PROGRAM ASSIST ELDERS TO SECURE AND MAINTAIN INDEPENDENCE IN THEIR HOME ENVIRONMENT. CASE MANAGERS COMPLETE AN ASESSMENT TO DETERMINE ELIGIBILITY, DEVELOP A SERVICE PLAN, ARRANGE FOR SERVICES FROM ONE OF MANY VENDORS WITH WHICH THE ORGANIZATION CONTRACTS, AND MONITOR SERVICES ON A SCHEDULED AS-NEEDED BASIS. SERVICES INCLUDE ADULT DAY HEALTH, HOME HEALTH AIDE, HOMEMAKER, PERSONAL CARE, HOME DELIVERED MEALS, PERSONAL CARE, AND MANY OTHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Estelle Stasz President | OfficerTrustee | 3 | $0 |
James Liptak Vice President | OfficerTrustee | 3 | $0 |
Kathryn Service Secretary | OfficerTrustee | 2 | $0 |
Nilda Cohen Treasurer | OfficerTrustee | 3 | $0 |
Samuel Charron Director | Trustee | 1 | $0 |
Patrick Brough Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $25,928 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $13,291,399 |
| All other contributions, gifts, grants, and similar amounts not included above | $234,321 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,551,648 |
| Total Program Service Revenue | $1,382,977 |
| Investment income | $21,083 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $20,413 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,976,121 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $172,692 |
| Compensation of current officers, directors, key employees. | $172,692 |
| Compensation to disqualified persons | $3,943,475 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $841,349 |
| Payroll taxes | $342,768 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,663 |
| Fees for services: Other | $66,868 |
| Advertising and promotion | $36,663 |
| Office expenses | $117,676 |
| Information technology | $45,228 |
| Royalties | $0 |
| Occupancy | $218,224 |
| Travel | $134,866 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,642 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $46,995 |
| Insurance | $35,700 |
| All other expenses | $135,520 |
| Total functional expenses | $14,114,235 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $81,811 |
| Savings and temporary cash investments | $345,538 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,214,965 |
| 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 | $36,768 |
| Net Land, buildings, and equipment | $113,802 |
| Investments—publicly traded securities | $877,005 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $758,693 |
| Total assets | $6,428,582 |
| Accounts payable and accrued expenses | $2,362,193 |
| Grants payable | $0 |
| Deferred revenue | $254,385 |
| 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 | $750,053 |
| Total liabilities | $3,366,631 |
| Net assets without donor restrictions | $3,061,951 |
| Net assets with donor restrictions | $0 |
| 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 | $6,428,582 |