Hebrew Seniorlife Inc
- Assets
- $278.0m
- Revenue
- $21.5m
- Investments
- $85.5m
- Employees
- 74
- Location
- Boston, MA
- Founding
- 06/2005
- Data as of
- 09/2020
- EIN
- 90-0183119
Organization Overview
Hebrew Seniorlife Inc is located in Boston, MA. The organization was established in 2005. According to its NTEE Classification (T02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 09/2021, Hebrew Seniorlife Inc employed 74 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hebrew Seniorlife 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 09/2020, Hebrew Seniorlife Inc generated $21.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $16.1m during the year ending 09/2020. While expenses have increased by 7.7% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
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) | Role | Hours | Compensation |
|---|---|---|---|
Louis J Woolf President And CEO | Officer | 30 | $1,161,989 |
James D Hart Chief Financial Officer | Officer | 20 | $471,583 |
Katelyn Quynn Chief Dev Off & VP Board Rel. | Officer | 40 | $414,644 |
Kimberly J Brooks Chief Op. Officer, Sen Living | Officer | 30 | $413,012 |
Deborah L Lemmerman Chief People Officer | Officer | 40 | $373,136 |
Rachel Whitehouse Chief Comm. & Plan Officer | Officer | 30 | $296,695 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,089,087 |
| Investment income | $905,140 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,524,299 |
| Net Income from Fundraising Events | -$378,104 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,516,879 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $99,542 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,143,532 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,511,802 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $602,920 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $139,743 |
| Fees for services: Accounting | $22,562 |
| Fees for services: Lobbying | $12,750 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $602,856 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,260,777 |
| Office expenses | $326,953 |
| Information technology | $1,802 |
| Royalties | $0 |
| Occupancy | $578,016 |
| Travel | $1,289 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $70,167 |
| Interest | $0 |
| Payments to affiliates | $2,445,633 |
| Depreciation, depletion, and amortization | $198,426 |
| Insurance | $61,932 |
| All other expenses | $0 |
| Total functional expenses | $16,133,628 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,322,234 |
| Savings and temporary cash investments | $3,256,710 |
| Pledges and grants receivable | $18,669,836 |
| Accounts receivable, net | $0 |
| 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 | $429,554 |
| Investments—publicly traded securities | $21,248,170 |
| Investments—other securities | $85,456,701 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $141,849,611 |
| Total assets | $277,983,076 |
| Accounts payable and accrued expenses | $7,974,747 |
| 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 | $312,901 |
| Total liabilities | $8,287,648 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $269,695,428 |
Grants Awarded
Over the last fiscal year, Hebrew Seniorlife Inc has awarded $118,036 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Boston, MA PURPOSE: UNRESTRICTED | $57,609 |
Boston, MA PURPOSE: UNRESTRICTED | $40,427 |
Boston, MA PURPOSE: UNRESTRICTED | $20,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hebrew Seniorlife Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Charles F Bacon Trust Uw 1-20707-02 Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $20,000 |
Endowment Analysis
| Beg. Balance | $39,790,126 |
| Earnings | $8,600,570 |
| Net Contributions | $349,849 |
| Other Expense | $1,863,149 |
| Ending Balance | $46,877,396 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hebrew Seniorlife Inc Boston, MA | $277,983,076 | $21,516,879 |
Center For Effective Philanthropy Inc Cambridge, MA | $19,860,929 | $21,070,243 |
Flatbush Community Fund Inc Cedarhurst, NY | $1,092,770 | $2,134,517 |
New Voices Foundation Amityville, NY | $20,164,120 | $894,618 |
Worldwide Initiatives For Grantmaker Support Inc New York, NY | $1,728,265 | $1,851,390 |
Allied Community Services Inc Enfield, CT | $1,847,285 | $1,199,233 |
Social Movement Technologies Foundation Inc Bloomfield, CT | $980,985 | $403,532 |
Innovative Solutions For Non-Profits Inc Cranston, RI | $0 | $7,797 |
Partners For Public Good New York, NY | $0 | $281,198 |
Ocean State Charity Events Inc Coventry, RI | $9,948 | $210,233 |
Capital City Education Foundation Inc Simsbury, CT | $2,510,553 | $262,676 |
Hyde Management Company Inc Glens Falls, NY | $0 | $0 |