Chelsea Jewish Lifecare Inc

Organization Overview

Chelsea Jewish Lifecare Inc, operating under the name Legacy Lifecare Management, is located in Chelsea, MA. The organization was established in 1975. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. As of 12/2023, Legacy Lifecare Management employed 1,358 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Legacy Lifecare Management 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, Legacy Lifecare Management generated $9.4m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 24.4% each year . All expenses for the organization totaled $9.0m during the year ending 12/2023. While expenses have increased by 19.4% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO MANAGE A CONTINUUM OF SENIOR CARE BUSINESS LINES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MANAGEMENT & SUPPORT - TO MANAGE A CONTINUUM OF SENIOR CARE BUSINESS LINES THAT CONSISTENTLY PROVIDE HIGH-QUALITY COMPASSIONATE CARE WHILE FOCUSING ON THE DEVELOPMENT OF INNOVATIVE PROGRAMS AND SERVICES THAT ENABLE INDIVIDUALS TO LIVE AS INDEPENDENTLY AS POSSIBLE.


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Board, Officers & Key Employees

Name (title)Compensation
Barry Berman
CEO Emeritus/treasurer
$893,369
Adam Berman
President And CEO
$729,661
Elizabeth Mullen
COO And Clerk
$292,864
Gilda Richman
Chair
$82,682
Judy Weiss
Director
$0
Jeffrey Brudnick
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Clifton Larson Allen
Accounting Services
$302,526
Simpatico Llc Fka Wave Technologies
It Services
$113,856
Higher Ambition Leadership Alliance Inc
Professional Development
$114,000
Sperling Interactive
Consulting
$113,728
View All Vendors

Financial Statements

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$31,453
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$31,453
Total Program Service Revenue$9,010,258
Investment income $28,334
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 $9,429,993

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