Lifeworks Incorporated
- Assets
- $39.0m
- Revenue
- $35.3m
- Investments
- $219.0k
- Employees
- 630
- Location
- Westwood, MA
- Founding
- 07/1984
- Data as of
- 06/2022
- EIN
- 22-2512887
Organization Overview
Lifeworks Incorporated is located in Westwood, MA. The organization was established in 1984. 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 06/2022, Lifeworks Incorporated employed 630 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lifeworks 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 06/2022, Lifeworks Incorporated generated $35.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $30.2m during the year ending 06/2022. While expenses have increased by 9.0% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZAITON'S MISSION IS TO PROVIDE HOMES, JOBS, AND SUPPORTIVE LIVING TO INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES TO HELP THEM LEAD MEANINGFUL LIVES IN THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESIDENTIAL SERVICES - THE RESIDENTIAL SERVICES DIVISION PROVIDES RESIDENCES AND COOPERATIVE LIVING SUPPORT FOR INDIVIDUALS WITH DEVELOPMENTAL AND INTELLECTUAL DISABILITIES.
FAMILY SUPPORT - THIS PROGRAM PROVIDES IN-HOME AND OUT-OF-HOME RESPITE CARE, AFTER SCHOOL AND WEEKEND SOCIAL ACTIVITIES, EMERGENCY INTERVENTIONS, INFORMATION AND REFERRAL SERVICE, CASE MANAGEMENT SUPPORTS AND DIRECT PURCHASE OF GOODS AND SERVICES FOR FAMILIES WITH MEMBERS WHO ARE INDIVIDUALS WITH DEVELOPMENTAL AND INTELLECTUAL DISABILITIES. MENTAL HEALTH CLINIC - HARBOR COUNSELING CENTER IS A LICENSED MENTAL HEALTH CLINIC THAT SPECIALIZES IN OUTPATIENT SERVICES FOR PEOPLE WITH DEVELOPMENTAL DISABILITIES. THESE SERVICES INCLUDE INDIVIDUAL PSYCHOTHERAPY, GROUP PSYCHOTHERAPY, PSYCHOPHARMACOLOGY AND FAMILY COUNSELING.INDIVIDUALIZED SUPPORT SERVICES - THE CORPORATION ALSO PROVIDES SERVICES AND SUPPORT TO INDIVIDUALS WITH DEVELOPMENTAL AND INTELLECTUAL DISABILITIES AND THEIR FAMILIES, SUPPORT FOR CHILDREN AND ADULTS WITH AUTISM SPECTRUM DISORDER (ASD) AND MANAGEMENT SERVICES TO SEVERAL U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD)-SUBSIDIZED PROPERTIES, WHICH ARE RENTED TO TENANTS WITH DEVELOPMENTAL DISABILITIES.AUTISM CENTER - THE AUTISM CENTER PROGRAM PROVIDES ADVOCACY SUPPORT AND SERVICES TO INDIVIDUALS WITH AUTISM SPECTRUM DISORDER AND THEIR FAMILIES. ADULT FOSTER CARE - THE ADULT FOSTER CARE PROGRAM PROVIDES SERVICES TO ADULTS WHO NEED DAILY HELP WITH PERSONAL CARE TO LIVE IN A FAMILY SETTING THAT PROVIDES THEM WITH MEALS, COMPANIONSHIP, PERSONAL CARE ASSISTANCE AND 24-HOUR SUPERVISION.
EMPLOYMENT SERVICES - THE EMPLOYMENT SERVICES DIVISION PROVIDES EMPLOYMENT TRAINING AND SKILLS EXPANSION FOR INDIVIDUALS WITH DEVELOPMENTAL AND INTELLECTUAL DISABILITIES. APPROXIMATELY HALF OF THESE CLIENTS ARE EMPLOYED IN THE PRIVATE SECTOR EACH DAY. CLIENTS ARE TRAINED TO DEVELOP THE NECESSARY JOB AND SOCIAL SKILLS REQUIRED TO GAIN INDEPENDENT COMPETITIVE EMPLOYMENT.
DAY HABILITATION - THE DAY HABILITATION DIVISION SERVES INDIVIDUALS WITH DEVELOPMENTAL AND INTELLECTUAL DISABILITIES MEN AND WOMEN. THE GOAL OF THE PROGRAM IS TO FURTHER DEVELOP CLIENT LIVING SKILLS AND IMPROVE THEIR INTERACTIONS WITH OTHER PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Adams Director | Trustee | 0.4 | $0 |
Dennis Carroll Chairman | OfficerTrustee | 0.4 | $0 |
Kevin Murphy Vice Chairman | OfficerTrustee | 0.4 | $0 |
Paul Falvey Treasurer | OfficerTrustee | 0.4 | $0 |
Marilyn Howley Clerk | OfficerTrustee | 0.4 | $0 |
Thomas Erhard Director | Trustee | 0.4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Infranet Solutions Tech Services | 6/29/22 | $383,595 |
Atlas Relief Staffing Staffing Services | 6/29/22 | $1,334,954 |
Mercurio Construction Corp Construction Services | 6/29/22 | $363,435 |
Ycn Transporation Transporation Services | 6/29/22 | $225,810 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $28,522,035 |
| All other contributions, gifts, grants, and similar amounts not included above | $956,619 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,478,654 |
| Total Program Service Revenue | $4,630,129 |
| Investment income | $416,084 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $507,465 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $35,291,739 |
| 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. | $428,693 |
| Compensation of current officers, directors, key employees. | $407,260 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $17,482,119 |
| Pension plan accruals and contributions | $430,554 |
| Other employee benefits | $1,329,772 |
| Payroll taxes | $1,632,044 |
| Fees for services: Management | $71,415 |
| Fees for services: Legal | $40,701 |
| Fees for services: Accounting | $102,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $90,719 |
| Fees for services: Other | $1,558,322 |
| Advertising and promotion | $50,011 |
| Office expenses | $525,583 |
| Information technology | $508,612 |
| Royalties | $0 |
| Occupancy | $2,332,221 |
| Travel | $626,876 |
| 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 | $796,896 |
| Insurance | $20,068 |
| All other expenses | $0 |
| Total functional expenses | $30,218,206 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,622,378 |
| Savings and temporary cash investments | $3,645,545 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,500,413 |
| 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 | $121,206 |
| Net Land, buildings, and equipment | $10,415,747 |
| Investments—publicly traded securities | $16,907,274 |
| Investments—other securities | $219,043 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $534,812 |
| Total assets | $38,966,418 |
| Accounts payable and accrued expenses | $3,905,365 |
| Grants payable | $0 |
| Deferred revenue | $359,934 |
| Tax-exempt bond liabilities | $5,061,704 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $75,799 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $392,890 |
| Total liabilities | $9,795,692 |
| Net assets without donor restrictions | $28,396,060 |
| Net assets with donor restrictions | $774,666 |
| 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 | $38,966,418 |