Element Care Inc

Organization Overview

Element Care Inc is located in Lynn, MA. The organization was established in 1995. 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 06/2021, Element Care Inc employed 330 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Element Care 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 06/2021, Element Care Inc generated $102.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $89.4m during the year ending 06/2021. While expenses have increased by 0.5% per year over the past 6 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION'S MISSION IS TO PROVIDE HEALTH AND SOCIAL SERVICES TO ELDERS OF MASSACHUSETTS LOCATED NORTH OF BOSTON. PACE IS A PROGRAM OF ALL-INCLUSIVE CARE FOR THE ELDERLY THAT ENABLES ELIGIBLE SENIORS TO REMAIN IN THEIR OWN COMMUNITIES RATHER THAN BEING PLACED IN LONG-TERM CARE FACILITIES. THE ORGANIZATION'S GOAL IS TO MAXIMIZE THE HEALTH AND FUNCTIONING LEVELS OF PROGRAM ENROLLEES TO ENABLE THEM TO CONTINUE LIVING IN THE COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ELEMENT CARE, INC. IS A PROGRAM OF ALL-INCLUSIVE CARE FOR THE ELDERLY (PACE) WHICH ENABLES ELIGIBLE SENIORS TO REMAIN IN THEIR OWN COMMUNITIES. THE PACE MODEL PROVIDES ONE STOP COMPREHENSIVE HEALTH AND SOCIAL SERVICES FOR ITS PARTICIPANTS. PACE'S GOAL IS TO MAXIMIZE THE HEALTH AND FUNCTIONING LEVELS OF PROGRAM ENROLLEES TO ENABLE THEM TO CONTINUE LIVING IN THE COMMUNITY. TO ACCOMPLISH THIS, THE PROGRAM: PROVIDES A COMPREHENSIVE RANGE OF PREVENTATIVE, PRIMARY, ACUTE AND LONG-TERM CARE SERVICES; USES AN INTEGRATED INTERDISCIPLINARY TEAM TO MANAGE CARE; DEVELOPS APPROPRIATE COMMUNITY-BASED ALTERNATIVES TO PROVIDING CARE IN INSTITUTIONAL SETTINGS AND CONSOLIDATES CAPITATED FUNDING FROM MEDICARE AND MEDICAID.IN JUNE 2004 ELEMENT CARE, ALONG WITH GLSS AND LCHC BECAME A MEMBER OF THE SENIOR CARE OPTIONS (SCO) PROGRAM, THE PARENT ORGANIZATION IS COMMONWEALTH CARE ALLIANCE. THIS IS A STATE-RUN PROGRAM SIMILAR TO THE PACE PROGRAM, WHERE PATIENTS ARE CARED FOR, HOWEVER CCA IS THE DIRECT RECIPIENT OF THE MEDICARE AND MEDICAID REVENUE. THIS PROGRAM ALLOWS ELEMENT CARE TO REACH A WIDER POPULATION, AS THE QUALIFICATION TO BECOME A MEMBER OF THE SCO PROGRAM ARE MORE FLEXIBLE THAN THE PACE PROGRAM. WHEREAS PACE REQUIRES ALL MEMBERS TO BE "NURSING HOME ELIGIBLE", SCO MAY ALLOW FOR MUCH HEALTHIER MEMBERS TO JOIN THE PROGRAM, THEREBY GIVING ELEMENT CARE THE OPPORTUNITY TO ASSIST THESE PATIENTS EARLIER. ELEMENT CARE IS CONSIDERED A PRIMARY CARE SITE, AND PROVIDES SERVICES TO PARTICIPANTS IN THE NORTH SHORE AND THE MERRIMACK VALLEY. UP UNTIL DECEMBER 31, 2018 ELEMENT CARE OPERATED UNDER A FULL RISK MODEL WHEREBY, CCA RECEIVED MEDICARE AND MEDICAID REIMBURSEMENT (SIMILAR TO ELEMENT CARE) AND THEN REMITTED 86% OF THE PREMIUM RECEIVED LESS CLAIMS EXPENSES TO ELEMENT CARE. ELEMENT CARE IN TURN PROVIDED CARE MANAGEMENT SERVICES TO THESE PARTICIPANTS, AND REMITTED REQUIRED FUNDS TO ITS VENDORS, INCLUDING GLSS AND LCHC FOR THE SERVICES THEY PROVIDE. ELEMENT CARE OUTSOURCES TO LCHC AND GLSS FOR THEIR PROGRAM AND MEDICAL SERVICES EXPERTISE.ELEMENT CARE RENEGOTIATED ITS CONTRACT WITH CCA EFFECTIVE JANUARY 1, 2019 AND NOW IS REIMBURSED FOR CASE MANAGEMENT SERVICES ON A PER MEMBER PER MONTH BASIS AT A RATE OF $284 PMPM. IN MARCH OF 2020 THE COVED PANDEMIC OCCURRED WHICH NECESSITATED THE TEMPORARY CLOSURE OF ALL PACE ADULT DAY HEALTH CENTERS (ADHC) DAY PROGRAMING. IMMEDIATELY THE ELEMENT CARE MEDICAL AND NURSING TEAMS DEVELOPED A PLAN TO PROVIDE IN HOME SERVICES TO OVER 800 PACE PARTICIPANTS TO MAINTAIN THEIR SAFETY IN THE COMMUNITY. TO DATE THIS OUTREACH CONTINUES IN ADDITION TO A PARTIAL REOPENING OF THE ADHC IN JUNE 2020 BASED ON SQUARE FOOTAGE PER SITE AND THE ABILITY TO PROVIDE A SAFE, SOCIALLY DISTANCED ENVIRONMENT FOR PARTICIPANTS AND STAFF.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Robert Wakefield
Executive Director
$418,680
Joanna Duby
Medical Dir/physician
$341,494
Dorina Omari
Physician
$271,866
Soumya Chandrasekaran
Physician
$266,412
Tao Liu
Physician
$264,965
Michael Kramer
Physician
$254,956

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Lynn Community Health Center
Health Care
$9,256,981
Northeast Hospital Corporation Inc
Hospital Facility
$1,926,928
North Shore Medical Center Inc
Hospital Facility
$3,758,194
Crossway Homecare Llc
Home Health Care Services
$1,528,705
Associated Home Care
Home Health Care Services
$1,277,366
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $3,125,000
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$3,125,000
Total Program Service Revenue$97,780,745
Investment income $309,579
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $21,186
Net Gain/Loss on Asset Sales $841,339
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $102,077,849

Grants Awarded

Over the last fiscal year, Element Care Inc has awarded $2,250,000 in support to 4 organizations.

Grant RecipientAmount

HENRY C NEVINS HOME INC

Org PageRecipient Profile

Methuen, MA

PURPOSE: TO OFFSET LOST REVENUE DUE TO CONSTRUCTION PROJECT OF THE NEW PACE ADHC HOUSING FACILITY.

$1,000,000

YWCA OF GREATER NEWBURYPORT

Org PageRecipient Profile

Newburyport, MA

PURPOSE: FOR BUILDING CONSTRUCTION OF THE NEVINS HOUSING DEVELOPMENT.

$750,000

LYNN COMMUNITY HEALTH CENTER

Org PageRecipient Profile

Lynn, MA

PURPOSE: TO ASSIST THE ORGANIZATION IN CONVERTING THEIR PAYROLL PLATFORM TO ADP PAYROLL SERVICES.

$300,000

GREATER LYNN SENIOR SERVICES

Org PageRecipient Profile

Lynn, MA

PURPOSE: TO SUPPORT THE DEVELOPMENT OF PROJECT PHOENIX HOME, A SPECIAL ELDER HOUSING SUPPORT AND FOOD SECURITY COMPONENT OF PROJECT PHOENIX, A NEW CITYWIDE COLLABORATIVE INITIATIVE LED BY GREATER LYNN SENIOR SERVICES.

$200,000
View Grant Profile

Create an account to unlock the data you need.

or