Springwell Inc is located in Waltham, MA. The organization was established in 1977. 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, Springwell Inc employed 255 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Springwell 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, Springwell Inc generated $98.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $94.6m during the year ending 06/2023. While expenses have increased by 13.1% 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, Springwell Inc has awarded 53 individual grants totaling $1,238,158. 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
SPRINGWELL HELPS INDIVIDUALS IMPROVE THEIR QUALITY OF LIFE AND REDUCE THEIR NEED FOR RESIDENTIAL CARE BY HELPING THEM ACCESS COMMUNITY RESOURCES. SPRINGWELL WORKS WITH INDIVIDUALS DIRECTLY AS WELL AS WITH GOVERNMENT AGENCIES, HEALTH PROVIDERS AND HOUSING ENTITIES TO IMPROVE THEIR PATIENTS AND RESIDENTS' HEALTH AND SATISFACTION, WHILE REDUCING THE COSTS ASSOCIATED WITH CARE. CARE MANAGERS AND RNS CONDUCT COMPREHENSIVE IN-HOME ASSESSMENTS, IDENTIFY SUPPORTS, ACCESS SUPPORTS AND, WHERE APPROPRIATE, COORDINATE SERVICES. IN-HOME SERVICES PROVIDED INCLUDE ASSISTANCE WITH PERSONAL CARE SUCH AS BATHING, DRESSING AND TOILETING, ASSISTANCE WITH HOMEMAKING, GROCERY SHOPPING AND LAUNDRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOME CARE - SPRINGWELL CONTRACTS WITH THE MASSACHUSETTS EXECUTIVE OFFICE OF HEALTH AND HUMAN SERVICES/EXECUTIVE OFFICE OF ELDER AFFAIRS:TO PROVIDE CASE MANAGEMENT AND IN-HOME CARE TO OLDER ADULTS WHO ARE AT RISK OF NURSING HOME PLACEMENT. SPRINGWELL CARE MANAGERS AND RNS MEET WITH INDIVIDUALS IN THEIR HOMES, CONDUCT COMPREHENSIVE ASSESSMENTS, DETERMINE ELIGIBILITY FOR GOVERNMENT SUBSIDIZED PROGRAMS, AND HELP INDIVIDUALS DETERMINE WHICH IN-HOME SERVICES PROVIDE THE NECESSARY SUPPORT. IN-HOME SERVICES INCLUDE SUPPORT WITH DRESSING, TOILETING, BATHING, EATING, GROCERY SHOPPING, LAUNDRY AND HOMEMAKING. SPRINGWELL PROVIDES CASE MANAGEMENT AND IN-HOME CARE THROUGH THE MASSACHUSETTS' STATE HOME CARE PROGRAM, THE MASSACHUSETTS ENHANCED COMMUNITY OPTIONS PROGRAM, THE MASSACHUSETTS COMMUNITY CHOICES PROGRAM, AND THROUGH SOLUTIONS IN CARE, A PRIVATE CARE MANAGEMENT PROGRAM. SPRINGWELL'S HOME CARE PROGRAMS SERVED 4,046 INDIVIDUALS IN FISCAL YEAR 2023.
NURSING HOME SCREENING: SPRINGWELL RNS CONDUCT COMPREHENSIVE ASSESSMENTS OF OLDER ADULTS WHO NEED NURSING HOME LEVEL SERVICES TO HELP ENSURE THEY HAVE THE SERVICES THEY NEED.SPRINGWELL SERVED 2,932 INDIVIDUALS THROUGH THIS SERVICE IN FISCAL YEAR 2023.
NUTRITION AND COMMUNITY SERVICES: AS THE AREA'S DESIGNATED AREA AGENCY ON AGING (AAA) SPRINGWELL IS RESPONSIBLE FOR DEVELOPING COMPREHENSIVE, COMMUNITY-BASED SERVICES THAT MEET THE NEEDS OF OLDER ADULTS. THE GOAL OF THESE SERVICES IS TO HELP INDIVIDUALS LEAD INDEPENDENT, MEANINGFUL AND DIGNIFIED LIVES IN THEIR OWN HOMES AND COMMUNITIES FOR AS LONG AS POSSIBLE WHILE AT THE SAME TIME SAVING MONEY THAT WOULD OTHERWISE NEED TO BE SPENT ON MORE EXPENSIVE RESIDENTIAL CARE IN A FACILITY. SPRINGWELL OFFERS SERVICES SUCH AS RIDES TO MEDICAL APPOINTMENTS, HELP WITH APPLYING FOR PUBLIC BENEFITS, GROCERY SHOPPING ASSISTANCE, FRIENDLY VISITING, AND HOME DELIVERED MEALS.SPRINGWELL'S COMMUNITY SERVICES PROGRAMS SERVED 15,111 INDIVIDUALS IN FISCAL YEAR 2023.SPRINGWELL PROVIDES NUTRITIONAL SERVICES TO INDIVIDUALS IN THE AREA THROUGH A HOME DELIVERED MEALS PROGRAM AND AT 17 COMMUNITY DINING SITES. THESE PROGRAMS PROVIDE BOTH A NUTRITIOUS MEAL AND AN OPPORTUNITY TO SOCIALIZE WITH NEIGHBORS. SPRINGWELL'S MEAL OPTIONS INCLUDE A REGULAR MEAL, A MEDICALLY TAILORED MEAL, A SUPPER MEAL, FROZEN MEALS FOR WEEKENDS AND HOLIDAYS, AS WELL AS KOSHER AND CHINESE MEALS.SPRINGWELL'S NUTRITION PROGRAM SERVED 3,945 INDIVIDUALS IN FISCAL YEAR 2023.
PROTECTIVE SERVICES: IN ANY COMMUNITY, THERE ARE OLDER ADULTS WHO SUFFER FROM ABUSE, NEGLECT AND FINANCIAL EXPLOITATION BY A CAREGIVER. IN ADDITION, THERE ARE OLDER ADULTS WHO PUT THEMSELVES AT RISK BY NOT CARING FOR THEMSELVES IN A WAY THAT PROVIDES FOR THEIR SAFETY. SPRINGWELL IS THE DESIGNATED ELDER PROTECTIVE SERVICES AGENCY FOR 17 COMMUNITIES WEST OF BOSTON. IN THIS ROLE, SPRINGWELL PROTECTIVE SERVICES CASE WORKERS INVESTIGATE REPORTS OF ABUSE AND NEGLECT, AND OFFER COUNSELING, SAFETY PLANNING AND LEGAL INTERVENTION WHEN NECESSARY TO INCREASE THE SAFETY OF A SENIOR. SPRINGWELL'S PROTECTIVE SERVICES PROGRAM SERVED 1,919 INDIVIDUALS IN FISCAL YEAR 2023.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Laura Shaw President | OfficerTrustee | 1 | $0 |
Harriet Merkowitz Vice President | OfficerTrustee | 1 | $0 |
Joe Bisol Treasurer | OfficerTrustee | 1 | $0 |
Naomi Krasner Clerk | OfficerTrustee | 1 | $0 |
Wayne Johnson Director | Trustee | 1 | $0 |
Eileen Hsu-Balzer Director | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Connected Home Care Elderly Home Care Services | 6/29/23 | $2,750,345 |
Advanced Home Care Services Llc Elderly Home Care Services | 6/29/23 | $1,788,160 |
Dia Feliz Adult Day Health Elderly Home Care Services | 6/29/23 | $277,300 |
Spin Cycle Laundry Services Laundry Services | 6/29/23 | $125,620 |
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 | $543,936 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $543,936 |
Total Program Service Revenue | $97,211,834 |
Investment income | $317,882 |
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 | $98,073,652 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $392,234 |
Grants and other assistance to domestic individuals. | $75,278,597 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $724,471 |
Compensation of current officers, directors, key employees. | $567,607 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $11,755,395 |
Pension plan accruals and contributions | $810,584 |
Other employee benefits | $1,277,284 |
Payroll taxes | $917,679 |
Fees for services: Management | $0 |
Fees for services: Legal | $93,493 |
Fees for services: Accounting | $80,480 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $231,882 |
Advertising and promotion | $98,779 |
Office expenses | $255,634 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1,466,514 |
Travel | $154,518 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $44,224 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $154,886 |
Insurance | $126,728 |
All other expenses | $0 |
Total functional expenses | $94,603,557 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $100,448 |
Savings and temporary cash investments | $15,528,859 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $23,598,092 |
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 | $449,391 |
Net Land, buildings, and equipment | $340,006 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,269,866 |
Total assets | $43,286,662 |
Accounts payable and accrued expenses | $15,294,681 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $3,588,466 |
Total liabilities | $18,883,147 |
Net assets without donor restrictions | $24,222,582 |
Net assets with donor restrictions | $180,933 |
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 | $43,286,662 |
Over the last fiscal year, Springwell Inc has awarded $384,554 in support to 17 organizations.
Grant Recipient | Amount |
---|---|
METROWEST LEGAL SERVICES PURPOSE: LEGAL SERVICES | $205,520 |
GREATER BOSTON CHINESE GOLDEN AGE CENTER PURPOSE: HEALTH PROMOTION: EDUCATION CHRONIC PAIN SELF-MANAGEMENT PROGRAM | $7,438 |
GREATER BOSTON CHINESE GOLDEN AGE CENTER PURPOSE: THE PROGRAM AIMS TO ENABLE A NON-ENGLISH SPEAKING ELDERLY POPULATION TO INCREASE THEIR ACCESS TO ESSENTIAL SERVICES, MAINTAIN THEIR FINANCIAL AND HEALTH STATUS SO THEY CAN CONTINUE TO LIVE INDEPENDENTLY AT HOME IN THE COMMUNITY. | $9,379 |
NEWTON HOUSING PURPOSE: THE GOAL OF NEWTON HOUSING AUTHORITY'S (NHA) CROSS CULTURAL OUTREACH AND ENGAGEMENT PROGRAM IS TO INCREASE ACCESS TO PUBLIC BENEFITS, COMMUNITY-BASED RESOURCES, AND RECREATION EVENTS FOR LOW-INCOME CHINESE AND RUSSIAN SPEAKING POPULATIONS IN NEWTON. | $10,000 |
HEALTHY WALTHAM PURPOSE: OTHER SERVICES- COMPUTER EDUCATION | $10,000 |
HEALTHY WALTHAM PURPOSE: OUTREACH AND INFORMATION & ASSISTANCE | $8,500 |