Guardian Community Trust Inc
- Assets
- $10.2m
- Revenue
- $4.4m
- Investments
- $4.9m
- Employees
- 24
- Location
- Andover, MA
- Founding
- Data as of
- 12/2021
- EIN
- 46-4456663
Organization Overview
Guardian Community Trust Inc is located in Andover, MA. As of 12/2021, Guardian Community Trust Inc employed 24 individuals. Guardian Community Trust 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 12/2021, Guardian Community Trust Inc generated $4.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (9.9%) each year. All expenses for the organization totaled $3.7m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT QUALITY OF LIFE FOR VULNERABLE ELDERLY AND DISABLED PERSONS IN MASSACHUSETTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
GUARDIAN COMMUNITY TRUST, INC. (GCT) ASSISTS DISABLED PERSONS TO ADDRESS THE CHALLENGES THEY FACE, THROUGH CONDUCTING MEANINGFUL OUTREACH AND PRACTICAL PROGRAMS DESIGNED TO ASSIST SUCH PERSONS INDIVIDUALLY AND COLLECTIVELY. GCT PROVIDES CRITICAL SUPPORT FOR DISABLED PERSONS BY PROVIDING SOCIAL SERVICES TO DISABLED PERSONS AND BY OPERATING A POOLED SPECIAL NEEDS TRUST FORMED PURSUANT TO 42 U.S.C. SECTION 1396P(D)(4)(C) SPECIFICALLY FOR THE BENEFIT OF SUCH DISABLED PERSONS NEARLY ALL OF WHOM ARE ELDERLY. IN ADDITION, GCT ADMINISTERS INDIVIDUAL SPECIAL NEEDS TRUSTS FOR THOSE QUALIFYING UNDER 42 U.S.C. SECTION 1396P(D)(4)(A). GCT ALSO PARTICIPATES IN AND FUNDS RIGOROUS RESEARCH AND RELATED INITIATIVES TO SUPPORT PUBLIC GUARDIANSHIP IN THE COMMONWEALTH OF MASSACHUSETTS.
GUARDIAN COMMUNITY TRUST, INC. COLLABORATES WITH THE MASSACHUSETTS GUARDIANSHIP POLICY INSTITUTE, AN INITIATIVE THAT IS COMMITTED TO RESEARCH, EDUCATION AND ADVOCACY ON ISSUES OF GUARDIANSHIP AND ITS ALTERNATIVES.
PUBLIC GUARDIAN SERVICES, LLC (PGS): OFFERS GUARDIANSHIP AND CONSERVATORSHIP SERVICES TO UNDERSERVED POPULATIONS, INCLUDING DISABLED, ELDERLY, AND IMPOVERISHED INDIVIUDALS, COLLABORATING WITH PUBLIC AGENCIES, AND ENGAGING IN AND SUPPORTING INITIATIVES THAT RELATE TO ENHANCING PUBLIC GUARDIANSHIP WITHIN MASSACHUSETTS FOR THE BENEFIT OF VULNERABLE POPULATIONS, AND TO ENGAGE IN ANY AND ALL ACTIVITIES NECESSARY, ADVISABLE OR INCIDENTAL THERETO. PGS WORKS CLOSELY WITH AND UNDER THE SUPERVISION OF THE MASSACHUSETTS PROBATE AND FAMILY COURT, IN PARTICULAR, IN CONNECTION WITH PROVIDING SUCH GUARDIANSHIP AND CONSERVATORSHIP SERVICES.
THE CENTER FOR GUARDIANSHIP EXCELLENCE CONDUCTS RESEARCH, SCHOLARSHIP, TRAINING, AND SUPPORT TO GUIDE GUARDIANS IN UNDERSTANDING AND ADVOCATING FOR THE VALUES AND WISHES OF THOSE UNDER GUARDIANSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter M Macy Executive Director/officer | Officer | 55 | $271,501 |
Frederick A Hovey Executive Director/pgs | Officer | 40 | $154,173 |
Danielle Howard Director Of Trustee Services | Officer | 40 | $147,956 |
Heather L Connors Executive Director/cge | 40 | $142,219 | |
James P Murray Director Of Finance | Officer | 40 | $135,133 |
Wynn A Gerhard Judicial & Fam Supp Prgrm Dvlpr | 40 | $107,680 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
B&a Property Preservation Llc Construction | 12/30/20 | $208,320 |
Casner & Edwards Llp Legal | 12/30/20 | $127,504 |
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 | $2,671,176 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,671,176 |
| Total Program Service Revenue | $1,627,206 |
| Investment income | $75,582 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $167 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,374,198 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $53,716 |
| 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. | $708,763 |
| Compensation of current officers, directors, key employees. | $84,215 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,559,153 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $127,180 |
| Payroll taxes | $156,391 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $225,488 |
| Fees for services: Accounting | $47,235 |
| Fees for services: Lobbying | $98,249 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,000 |
| Fees for services: Other | $172,367 |
| Advertising and promotion | $3,121 |
| Office expenses | $158,952 |
| Information technology | $104,255 |
| Royalties | $0 |
| Occupancy | $94,041 |
| Travel | $14,494 |
| 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 | $85,247 |
| Insurance | $33,284 |
| All other expenses | $0 |
| Total functional expenses | $3,694,051 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $463,137 |
| Savings and temporary cash investments | $232,185 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,163,348 |
| 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 | $50,048 |
| Net Land, buildings, and equipment | $3,174,460 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $4,910,457 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $157,881 |
| Total assets | $10,151,516 |
| Accounts payable and accrued expenses | $263,827 |
| 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 | $0 |
| Total liabilities | $263,827 |
| Net assets without donor restrictions | $9,887,689 |
| Net assets with donor restrictions | $0 |
| 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 | $10,151,516 |
Grants Awarded
Over the last fiscal year, Guardian Community Trust Inc has awarded $53,716 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Lawrence, MA PURPOSE: TO DEVELOP A STATEWIDE PROGRAM OF OUTREACH, TRAINING, SUPPORT AND SUPERVISION TO ENCOURAGE QUALIFIED FAMILY MEMBERS AND VOLUNTEERS TO SERVE AS GUARDIANS AND/OR CONSERVATORS. | $46,216 |
West Medford, MA PURPOSE: TO SUPPORT THE ADVOCACY BY MANHR FOR REGULATORY AND PRACTICE IMPROVEMENTS THAT WILL INCREASE THE SAFETY AND WELL-BEING OF INDIVIDUALS WHO ARE RECEIVING CARE IN SKILLED NURSING FACILITIES IN MASSACHUSETTS. | $7,500 |
Endowment Analysis
| Beg. Balance | $7,975,153 |
| Earnings | $21,154 |
| Net Contributions | $3,034,490 |
| Other Expense | $1,783,827 |
| Grants | $53,716 |
| Ending Balance | $9,193,254 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Long Island Select Healthcare Inc Central Islip, NY | $8,265,975 | $21,062,448 |
Germantown Home Philadelphia, PA | $23,238,200 | $17,117,508 |
Nurtury Inc Roxbury, MA | $15,395,426 | $20,648,224 |
Partnership To End Addiction New York, NY | $61,675,636 | $16,194,669 |
New Foundations Charter School Marlton, NJ | $17,967,778 | $23,202,828 |
Chandler Hall Health Services Inc Newtown, PA | $26,412,529 | $17,505,940 |
Jewish Nursing Home Of Western Mass Inc Longmeadow, MA | $27,155,425 | $18,778,772 |
Redhill Foundation-Sam And Jean Rothberg Family Charitable Trust New York, NY | $42,979,654 | $7,387,635 |
River Valley Counseling Center Inc Holyoke, MA | $5,921,638 | $20,559,237 |
Executive Education Academy Charter School Allentown, PA | $63,584,076 | $23,169,797 |
Community Legal Services Inc Philadelphia, PA | $20,694,601 | $20,774,549 |
Southern Painters Welfare Fund Pittsburgh, PA | $17,172,930 | $23,602,516 |