Cambridge At Home Inc
- Assets
- $598.8k
- Revenue
- $260.8k
- Investments
- $0.0
- Employees
- 4
- Location
- Cambridge, MA
- Founding
- 01/2007
- Data as of
- 12/2023
- EIN
- 20-5332882
Organization Overview
Cambridge At Home Inc is located in Cambridge, MA. The organization was established in 2007. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 12/2023, Cambridge At Home Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cambridge At 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, Cambridge At Home Inc generated $260.8k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $278.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 9 years. 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
TO PROVIDE RESIDENTS OF CAMBRIDGE, BELMONT, ARLINGTON, WATERTOWN AND SOMERVILLE MASSACHUSETTS OVER THE AGE OF 60 THE PRACTICAL MEANS OF CONFIDENCE TO LIVE THEIR LIVES TO THE FULLEST IN THEIR OWN HOMES AS THEY GROW OLDER AND TO CARRY ON ACTIVITIES IN SUPPORT OF THE MISSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAMBRIDGE NEIGHBORS PROVIDES THE TIMELY AVAILABILITY OF SERVICES SIMILAR TO THOSE OF A RETIREMENT COMMUNITY. THEIR PROFESSIONAL STAFF PROVIDES MEMBERS WITH ACCESS TO EVALUATED SUPPLIERS WHO PROVIDE PROMPT SERVICE AT KNOWN COSTS. THIS SERVICE MEANS THAT MEMBERS HAVE TIMELY HELP AVAILABLE AS CHALLENGES OR EMERGENCIES ARISE AT HOME. MEMBERS CAN GET HELP IN AREAS LIKE TRANSPORTATION, HEALTH, SOCIAL ACTIVITIES AND HOME MAINTENANCE SO THEY CAN REMAIN SAFELY AND CONFIDENTLY IN THEIR HOMES AS THEY AGE. THERE ARE CURRENTLY OVER 190 DUES PAYING MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jan Latorre-Stiller Executive Director | Officer | 25 | $74,689 |
Janet Whitla Director | Trustee | 1 | $0 |
Rachel Mccaw Director | Trustee | 1 | $0 |
Wendy Zens Director | Trustee | 1 | $0 |
Nancy Carlson Director | Trustee | 1 | $0 |
Judy Lindamood Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $128,035 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $128,035 |
| Total Program Service Revenue | $124,319 |
| Investment income | $11,482 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$3,015 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $260,821 |
| 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. | $148,562 |
| Compensation of current officers, directors, key employees. | $19,313 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,940 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $34,715 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,546 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $42,086 |
| Travel | $2,517 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,136 |
| All other expenses | $4,038 |
| Total functional expenses | $278,845 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $440,360 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,327 |
| 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 | $2,644 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $22,728 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $130,736 |
| Total assets | $598,795 |
| Accounts payable and accrued expenses | $11,860 |
| Grants payable | $0 |
| Deferred revenue | $89,767 |
| 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 | $132,012 |
| Total liabilities | $233,639 |
| Net assets without donor restrictions | $365,156 |
| 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 | $598,795 |