Southwest Boston Senior Services Inc
- Assets
- $18.7m
- Revenue
- $51.0m
- Investments
- $0.0
- Employees
- 228
- Location
- Jamaica Plain, MA
- Founding
- 07/1973
- Data as of
- 06/2022
- EIN
- 23-7304163
Organization Overview
Southwest Boston Senior Services Inc, operating under the name Ethos, is located in Jamaica Plain, MA. The organization was established in 1973. 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 06/2022, Ethos employed 228 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ethos 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, Ethos generated $51.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $48.5m during the year ending 06/2022. While expenses have increased by 11.7% 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
ETHOS IS A PRIVATE, NON-PROFIT ORGANIZATION DEDICATED TO PROMOTING INDEPENDENCE, DIGNITY, AND WELL-BEING AMONG THE ELDERLY AND DISABLED THROUGH QUALITY, AFFORDABLE, AND CULTURALLY APPROPRIATE HOME AND COMMUNITY-BASED CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NUTRITION PROGRAMS - PROVIDES MEALS TO THE ELDERLY IN THEIR HOMES AND AT VARIOUS CONGREGATE SITES.
HOME CARE - THE PURCHASED SERVICES COMPONENT PERMITS THE ORGANIZATION TO SUBCONTRACT WITH AREA PROVIDERS FOR VARIOUS HOME CARE SERVICES FOR THE ELDERLY. THE CASE MANAGEMENT COMPONENT PROVIDES FOR ADMINISTRATIVE SUPPORT OF THE HOME CARE PROGRAM.
ENHANCED SERVICES - PROVIDES SERVICES THAT TARGET FRAIL ELDERS FOR THE PURPOSE OF PREVENTING OR DELAYING NURSING HOME PLACEMENT.
VARIOUS OTHER PROGRAMS PROVIDING SERVICES TO THE ELDERLY AND BOSTON MASSACHUSETTS COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Valerie K Frias CEO | Officer | 35 | $169,882 |
Margery Gann COO | 35 | $113,530 | |
Lisa Gioiosa Chief Human Resources Officer | 35 | $109,568 | |
Richard Kruzel CFO | Officer | 35 | $109,111 |
Nick Favorito President | OfficerTrustee | 2 | $0 |
John Dobija Vice President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $38,289,599 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,365,121 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,654,720 |
| Total Program Service Revenue | $11,304,801 |
| Investment income | $16,917 |
| 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 | $50,976,438 |
| 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. | $283,958 |
| Compensation of current officers, directors, key employees. | $266,422 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,681,593 |
| Pension plan accruals and contributions | $140,266 |
| Other employee benefits | $994,702 |
| Payroll taxes | $572,562 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $121,065 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $414,666 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $666,670 |
| Travel | $60,322 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $759 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $98,314 |
| Insurance | $0 |
| All other expenses | $10,438 |
| Total functional expenses | $48,480,505 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,499,102 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,626,889 |
| 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 | $105,202 |
| Net Land, buildings, and equipment | $479,119 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $28,525 |
| Total assets | $18,738,837 |
| Accounts payable and accrued expenses | $7,685,667 |
| 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 | $147,417 |
| Total liabilities | $7,833,084 |
| Net assets without donor restrictions | $10,261,106 |
| Net assets with donor restrictions | $644,647 |
| 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 | $18,738,837 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Southwest Boston Senior Services Inc has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Charles F Bacon Trust Uw 1-20707-02 Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Agespan Inc Lawrence, MA | $46,498,915 | $107,934,032 |
Element Care Inc Lynn, MA | $83,865,974 | $102,077,849 |
Mystic Valley Elder Services Inc Malden, MA | $29,895,171 | $79,691,071 |
Central Boston Elder Services Inc Boston, MA | $36,084,793 | $71,391,953 |
Springwell Inc Waltham, MA | $26,869,035 | $61,604,301 |
Jewish Association For Services For The Aged New York, NY | $34,581,080 | $57,474,811 |
Southwest Boston Senior Services Inc Jamaica Plain, MA | $18,738,837 | $50,976,438 |
Boston Senior Home Care Inc Boston, MA | $18,709,649 | $46,611,722 |
Riseboro Community Partnership Inc Brooklyn, NY | $38,504,143 | $46,795,171 |
Elder Services Of Cape Cod And The Islands Inc South Dennis, MA | $14,977,853 | $43,360,495 |
Serenity Care Inc Andover, MA | $11,753,267 | $39,517,689 |
Foundation For The Elderly Inwood, NY | $9,324,447 | $36,299,710 |