Elderhouse Inc
- Assets
- $2.2m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 15
- Location
- Norwalk, CT
- Founding
- 08/1977
- Data as of
- 06/2022
- EIN
- 06-0963343
Organization Overview
Elderhouse Inc is located in Norwalk, CT. The organization was established in 1977. According to its NTEE Classification (P71) the organization is classified as: Adult Day Care, under the broad grouping of Human Services and related organizations. As of 06/2022, Elderhouse Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Elderhouse 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 06/2022, Elderhouse Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $1.1m during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ENHANCE THE QUALITY OF LIFE FOR AGING ADULTS AND THEIR CAREGIVERS THROUGH A BROAD RANGE OF TRUSTED, COMPASSIONATE, AND ENRICHING DAY SERVICES AND HOME-BASED SUPPORT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADULT DAY SERVICES: FOR 4 DECADES, ELDERHOUSE ADULT DAY CENTER HAS PARTNERED WITH FAMILIES TO PROVIDE EXCEPTIONAL CARE TO OLDER FRAIL ADULTS IN A RESPECTFUL ENVIRONMENT. OLDER ADULTS ARE PROVIDED DOOR-TO-DOOR TRANSPORTATION TO AND FROM ELDERHOUSE WHERE THEY BENEFIT FROM: DAILY MEDICAL MONITORING BY A STAFF NURSE; PERSONAL CARE BY CERTIFIED HEALTH AIDES; THERAPEUTIC RECREATION, MUSICAL PROGRAMS, AND MEMORY ENHANCEMENT ACTIVITIES; AS WELL AS SOCIAL AND COMMUNITY ENGAGEMENT. IN TURN, FAMILY CAREGIVERS BENEFIT FROM HOURS OF RELIABLE RESPITE, CAREGIVER COUNSELING AND GROUP SUPPORT. THE COMBINATION OF A HIGHLY EFFECTIVE CARE ENVIRONMENT FOR SENIORS AND RESPITE FOR CAREGIVERS, LEADS TO A HIGHER QUALITY OF LIFE FOR BOTH. YEAR AFTER YEAR, ELDERHOUSE HAS ACCOMPLISHED 3 MAJOR OBJECTIVES: (1) TO KEEP FRAIL OLDER ADULTS LIVING IN THEIR HOMES, HEALTHIER AND LONGER, (2) TO REDUCE THE RATE OF EMERGENCY ROOM VISITS AND HOSPITAL READMISSIONS, AND (3) TO INCREASE THE OPPORTUNITY FOR FRAIL OLDER ADULTS TO PARTAKE IN MEANINGFUL SOCIAL ENGAGEMENT.
ADULT FAMILY LIVING SERVICES: ELDERHOUSE HAS PROVIDED SUPPORT TO CAREGIVERS FOR MORE THAN 40 YEARS. WE RECOGNIZE THAT LOVING CARE STARTS IN THE HOME AND IS ESSENTIAL TO THE WELL-BEING OF OLDER SENIORS. TO SERVE THE GROWING NUMBER OF INDIVIDUALS TAKING ON THE ROLE OF CAREGIVING IN THEIR OWN HOME, ELDERHOUSE IS AN ACCREDITED PROVIDER OF ADULT FAMILY LIVING SERVICES. THE ADULT FAMILY LIVING PROGRAM OFFERS GUIDANCE AND FINANCIAL SUPPORT TO CAREGIVERS, HELPING THEM TO SUCCEED IN PROVIDING THE BEST CARE POSSIBLE. CAREGIVERS RECEIVE EXPERT ADVICE ON MANAGING DAILY TASKS AND A MONTHLY TAX-FREE STIPEND. THIS MONTHLY PAYMENT AFFORDS CAREGIVERS THE OPPORTUNITY TO BE AWARDED FOR THE CARE AND ASSISTANCE THEY GIVE TO SENIORS.
IN RESPONSE TO THE COVID-19 PANDEMIC THAT RESULTED IN INCREASED ISOLATION FOR ELDERLY SENIORS, ELDERHOUSE BEGAN A HOME DELIVERED MEAL PROGRAM. MEAL DELIVERY COMBINED WITH DAILY PHONE CONTACT OFFERS ISOLATED ELDERS TWO NUTRITIONALLY BALANCED MEALS PLUS A WELLNESS CALL EACH DAY. THE MEALS MEET ALL USDA GUIDELINES, ACCOMMODATE SENIORS WITH DIETARY RESTRICTIONS AND ARE DELIVERED FREE OF COST. THIS PROGRAM CONTINUES TODAY ACHIEVING SUCCESS IN FOSTERING BETTER HEALTH OUTCOMES FOR SENIORS AND PLAYS A KEY ROLE IN REDUCING STRESS FOR CAREGIVERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Denise L Cesareo Executive Director | Officer | 37.5 | $109,153 |
Charles F Carroll ESQ President | OfficerTrustee | 1 | $0 |
Meredith H Derosa Vice President | OfficerTrustee | 1 | $0 |
Renee Ostaszewski Secretary | OfficerTrustee | 1 | $0 |
Colin J Kelly Treasurer | OfficerTrustee | 1 | $0 |
Diane Allison ESQ Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $94,559 |
| Related organizations | $0 |
| Government grants | $330,257 |
| All other contributions, gifts, grants, and similar amounts not included above | $212,085 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $636,901 |
| Total Program Service Revenue | $685,396 |
| Investment income | $25,470 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $30,024 |
| Net Income from Fundraising Events | -$27,283 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,350,508 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $167,375 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $132,730 |
| Compensation of current officers, directors, key employees. | $15,715 |
| Compensation to disqualified persons | $45,558 |
| Other salaries and wages | $405,130 |
| Pension plan accruals and contributions | $15,050 |
| Other employee benefits | $28,412 |
| Payroll taxes | $53,534 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,635 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,035 |
| Fees for services: Other | $25,426 |
| Advertising and promotion | $6,098 |
| Office expenses | $11,400 |
| Information technology | $9,928 |
| Royalties | $0 |
| Occupancy | $16,751 |
| Travel | $12,359 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,923 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $42,461 |
| Insurance | $23,650 |
| All other expenses | $0 |
| Total functional expenses | $1,068,905 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $577,760 |
| Savings and temporary cash investments | $32,913 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $50,649 |
| 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 | $100 |
| Net Land, buildings, and equipment | $925,141 |
| Investments—publicly traded securities | $653,887 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,240,450 |
| Accounts payable and accrued expenses | $51,300 |
| 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 | $6,667 |
| Other liabilities | $0 |
| Total liabilities | $57,967 |
| Net assets without donor restrictions | $1,839,136 |
| Net assets with donor restrictions | $343,347 |
| 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 | $2,240,450 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Elderhouse Inc has recieved totaling $118,266.
| Awarding Organization | Amount |
|---|---|
Southwestern Connecticut Agency On Aging Inc Bridgeport, CT PURPOSE: ELDERLY NUTRITION / HOME CARE SERVICES | $74,261 |
New Canaan Community Foundation Inc New Canaan, CT PURPOSE: GRANT TO SUPPORT THE SUBSIDY PROGRAM | $15,000 |
Gloria Gray Foundation Inc Sandy Hook, CT PURPOSE: FINANCIAL ASSISTANT PROGRAM | $12,000 |
Fairfield Countys Community Foundation Inc Norwalk, CT PURPOSE: FOR GENERAL SUPPORT. | $10,000 |
Pauline E Fitzpatrick Tr Uw Article Seventh Norwalk, CT PURPOSE: FOR BENEFIT OF SENIOR CITIZENS | $5,500 |
Maurice Goodman Foundation Inc Tr Tax 1a-4-078 Norwalk, CT PURPOSE: CHARITABLE | $1,500 |
Endowment Analysis
| Beg. Balance | $843,869 |
| Earnings | -$82,449 |
| Other Expense | $74,620 |
| Ending Balance | $686,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nurtury Inc Roxbury, MA | $15,395,426 | $20,648,224 |
Jewish Nursing Home Of Western Mass Inc Longmeadow, MA | $27,155,425 | $18,778,772 |
Folium Inc Chambersburg, PA | $14,596,128 | $25,665,038 |
The Evergreens Fort Washington, PA | $100,353,926 | $21,284,774 |
Psc Community Services Inc Long Island City, NY | $7,132,504 | $21,162,865 |
Massachusetts Housing And Shelter Alliance Inc Boston, MA | $14,798,705 | $19,380,328 |
Tufts Medicine Care At Home Inc Lawrence, MA | $34,697,054 | $22,121,108 |
Reformed Church Ministries To The Aging The Particular Synod Of The Old Bridge, NJ | $46,050,388 | $18,196,179 |
Seamens Society For Children And Families Staten Island, NY | $5,020,134 | $20,127,273 |
Young Mens Christian Association Buffalo Niagara Buffalo, NY | $63,156,525 | $20,586,121 |
Bristol Glen Inc Neptune, NJ | $77,949,384 | $23,074,416 |
Family And Childrens Aid Inc Danbury, CT | $25,324,597 | $18,654,713 |