Odd Fellows Home Of Massachusetts
- Assets
- $6.2m
- Revenue
- $9.8m
- Investments
- $0.0
- Employees
- 155
- Location
- Worcester, MA
- Founding
- 01/1965
- Data as of
- 12/2022
- EIN
- 04-2104414
Organization Overview
Odd Fellows Home Of Massachusetts is located in Worcester, MA. The organization was established in 1965. According to its NTEE Classification (P74) the organization is classified as: Hospices, under the broad grouping of Human Services and related organizations. As of 12/2022, Odd Fellows Home Of Massachusetts employed 155 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Odd Fellows Home Of Massachusetts 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 12/2022, Odd Fellows Home Of Massachusetts generated $9.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $9.5m during the year ending 12/2022. While expenses have increased by 3.1% 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
TO PROVIDE OUR RESIDENTS WITH THE FINEST SKILLED NURSING AND REHABILITATIVE SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE QUALITY SKILLED NURSING CARE AND THERAPY FOR 100 ELDERLY RESIDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Grace Owuso Lpn | 59 | $130,043 | |
Georgina Botuo Cna | 95 | $120,782 | |
Ophelia Asare Lpn | 56 | $117,622 | |
Linda Omane Lpn | 50 | $111,067 | |
Gloria Boakye Lpn | 50 | $113,419 | |
Clarence Plant CEO And Secretary | OfficerTrustee | 40 | $108,981 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $51,817 |
| Related organizations | $0 |
| Government grants | $754,057 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,281 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $815,155 |
| Total Program Service Revenue | $8,948,382 |
| Investment income | $25,987 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $520 |
| Net Income from Fundraising Events | $4,627 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,815,096 |
| 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. | $108,981 |
| Compensation of current officers, directors, key employees. | $108,981 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,812,241 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $371,594 |
| Payroll taxes | $424,468 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $75,698 |
| Fees for services: Accounting | $38,588 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $956,129 |
| Advertising and promotion | $34,718 |
| Office expenses | $31,942 |
| Information technology | $57,135 |
| Royalties | $0 |
| Occupancy | $268,048 |
| Travel | $5,908 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,849 |
| Interest | $53,625 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $182,509 |
| Insurance | $134,755 |
| All other expenses | $456,641 |
| Total functional expenses | $9,529,918 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $816,070 |
| Savings and temporary cash investments | $2,579,026 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,037,132 |
| Loans from Officers, Directors, or Controlling Persons | $2,700 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $87,079 |
| Net Land, buildings, and equipment | $1,307,957 |
| Investments—publicly traded securities | $20,771 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $350,988 |
| Total assets | $6,201,723 |
| Accounts payable and accrued expenses | $922,234 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $109,003 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,000,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $817,908 |
| Total liabilities | $3,849,145 |
| Net assets without donor restrictions | $2,018,666 |
| Net assets with donor restrictions | $333,912 |
| 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 | $6,201,723 |