Seven Hills Foundation Inc
- Assets
- $262.9m
- Revenue
- $302.9m
- Investments
- $3.4m
- Employees
- 5,045
- Location
- Worcester, MA
- Founding
- 05/1996
- Data as of
- 06/2021
- EIN
- 91-1969322
Organization Overview
Seven Hills Foundation Inc is located in Worcester, MA. The organization was established in 1996. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 06/2021, Seven Hills Foundation Inc employed 5,045 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Seven Hills Foundation 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, Seven Hills Foundation Inc generated $302.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $295.2m during the year ending 06/2021. While expenses have increased by 7.8% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE SEVEN HILLS FOUNDATION IS TO PROMOTE AND ENCOURAGE THE EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES SO THAT EACH MAY PURSUE THEIR HIGHEST POSSIBLE DEGREE OF PERSONAL WELL-BEING AND INDEPENDENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEVEN HILLS COMMUNITY SERVICES (SHCS): TO PREPARE AND INSTRUCT INDIVIDUALS WITH DISABILITIES TO LIVE IN A VARIETY OF RESIDENTIAL ARRANGEMENTS. SHCS ALSO INCLUDES MEDICALLY AND BEHAVIORALLY INTENSIVE RESIDENTIAL OPTIONS AND INDIVIDUAL SUPPORTS.
CHILDRENS AID AND FAMILY SERVICES: TO PROVIDE SERVICES TO INDIVIDUALS WITH DISABILITIES, AND THEIR FAMILIES, AND CAREGIVERS, AND PROVIDE A WIDE ARRAY OF OPTIONS TO ENABLE INDIVIDUALS TO LIVE IN A NURTURING ENVIRONMENT, MAINTAIN RELATIONSHIPS WITH FAMILIES AND CHOOSE HOW TO LIVE, LEARN, AND GROW.
SEVEN HILLS FAMILY SERVICES: TO PROVIDE ADULT SERVICES, RESIDENTAL SERVICES, INDEPENDENT LIVING, AND CHILD AND FAMILY SERVICE PROGRAMS TO INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES
OTHER PROGRAM SERVICES INCLUDE: INDEPENDENT LIVING, VOCATIONAL TRAINING, COMMUNITY ORIENTATION, DAY HAB, SPECIALIZED HOME CARE, PEDIATRIC NURSING HOME SERVICES, SCHOOL SERVICES, AND BEHAVIORAL HEALTH SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Joseph Tosches Dba Former Executive Vp/coo | 40 | $1,097,030 | |
Paula Aiello Former CEO You Inc. | 40 | $862,433 | |
Dr David Jordan Dha President | Officer | 40 | $601,955 |
Cliff Cabral VP Shri | Officer | 40 | $317,778 |
Dr Kathleen Jordan Dha Executive Vp/ceo | Officer | 40 | $272,590 |
Allison Beckler Medical Director | 40 | $256,546 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Act Leasing Inc Vehicle Leases | 6/29/21 | $1,392,899 |
Eagle Cleaning Corp Cleaning Contractor | 6/29/21 | $1,255,216 |
Arbor Associates Staffing Agency | 6/29/21 | $519,308 |
Quality Contracting Building Contractors | 6/29/21 | $623,646 |
Jos Staffing Inc Staffing Agency | 6/29/21 | $510,278 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $431,436 |
| Related organizations | $0 |
| Government grants | $1,020,702 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,996,622 |
| Noncash contributions included in lines 1a–1f | $171,483 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,448,760 |
| Total Program Service Revenue | $290,927,750 |
| Investment income | $1,519,495 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $428,455 |
| Net Gain/Loss on Asset Sales | $2,729,795 |
| Net Income from Fundraising Events | -$105,827 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $302,869,581 |
| 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 | $207,306 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,024,881 |
| Compensation of current officers, directors, key employees. | $3,024,881 |
| Compensation to disqualified persons | $128,186,616 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,823,631 |
| Payroll taxes | $18,879,262 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $219,743 |
| Fees for services: Accounting | $152,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $118,271 |
| Fees for services: Other | $0 |
| Advertising and promotion | $478,918 |
| Office expenses | $6,830,058 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,915,390 |
| Travel | $3,643,116 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $781,802 |
| Interest | $3,783,413 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,406,109 |
| Insurance | $1,935,319 |
| All other expenses | $2,940,528 |
| Total functional expenses | $295,211,893 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,175,456 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $78,676 |
| Accounts receivable, net | $34,695,765 |
| 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 | $1,562,470 |
| Net Land, buildings, and equipment | $119,923,313 |
| Investments—publicly traded securities | $59,109,970 |
| Investments—other securities | $3,404,917 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,955,462 |
| Total assets | $262,906,029 |
| Accounts payable and accrued expenses | $34,687,189 |
| Grants payable | $0 |
| Deferred revenue | $2,979,862 |
| Tax-exempt bond liabilities | $84,049,397 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $14,485,467 |
| Unsecured mortgages and notes payable | $10,000,000 |
| Other liabilities | $9,076,912 |
| Total liabilities | $155,278,827 |
| Net assets without donor restrictions | $97,008,141 |
| Net assets with donor restrictions | $10,619,061 |
| 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 | $262,906,029 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Seven Hills Foundation Inc has recieved totaling $65,000.
| Awarding Organization | Amount |
|---|---|
Wellington Management Foundation Boston, MA PURPOSE: See Part IV | $65,000 |
Endowment Analysis
| Beg. Balance | $34,848,663 |
| Earnings | $9,054,313 |
| Other Expense | $1,094,994 |
| Ending Balance | $42,807,982 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Seven Hills Foundation Inc Worcester, MA | $262,906,029 | $302,869,581 |
Nysarc Inc New York, NY | $227,101,608 | $268,649,263 |
Northeast Arc Inc Danvers, MA | $41,713,065 | $230,351,912 |
Young Adult Institute Inc New York, NY | $134,359,406 | $203,492,448 |
People Inc Williamsville, NY | $67,799,196 | $165,694,719 |
Icircle Services Of The Finger Lakes Inc Webster, NY | $40,072,798 | $159,291,064 |
Nysarc Inc Brookville, NY | $162,532,221 | $126,795,772 |
New England Center For Children Inc Southborough, MA | $72,482,909 | $120,831,063 |
Developmental Disabilities Institute Inc Smithtown, NY | $94,736,827 | $119,037,675 |
Welllife Network Inc Flushing, NY | $106,314,124 | $116,433,235 |
Heritage Christian Services Inc Rochester, NY | $62,213,014 | $106,241,069 |
Nysarc Inc Johnstown, NY | $68,803,366 | $107,283,357 |