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North Hill Needham Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042716090 ✦ Needham, MA ✦ Designated as a 501(c)(3)

Overview

What is North Hill Needham Inc?

North Hill Needham Inc, a 501(c)(3) nonprofit organization based in Needham, Massachusetts, is governed by a board of trustees from local communities. Established in 1984, it was the first to offer lifecare in Massachusetts. The community consists of 320 apartments, 44 enhanced independent living apartments, and a 72-bed skilled nursing facility. North Hill Needham Inc aims to enrich the lives of adults aged 65 and above through their "Purposeful Living" philosophy. Residents have access to various opportunities, such as taking classes at a nearby university, enjoying cultural offerings in Boston, participating in book clubs, art classes, and lectures, or exercising in the indoor pool or outdoor walking club. North Hill Needham Inc offers peace of mind through lifetime care and a 90% refundable entrance fee, which keeps their lifestyle and services affordable and pricing stable for the community. Since 2010, they have provided housing and healthcare services to the elderly, regardless of their ability to pay.


Official website here: www.northhill.org

Is North Hill Needham Inc legitimate?

North Hill Needham Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Hill Needham Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $396,785
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,304,921

For more financial information, click here


Official website here: www.northhill.org

What is the mission statement of North Hill Needham Inc?

North Hill Needham Inc is a mission-driven organization that provides housing and healthcare services to the elderly. Regardless of their financial resources, the organization takes care of its residents for life. North Hill Needham Inc operates a lifecare retirement community, offering a range of living arrangements from apartments to skilled nursing facilities. The organization's philosophy, "Purposeful Living," enriches the well-being of each resident by providing a multitude of opportunities for personal growth and physical activity. Residents can engage in educational programs, cultural offerings, fitness classes, and more. North Hill Needham Inc offers peace of mind with its lifecare plan and a 90% refundable entrance fee, ensuring affordable and stable pricing for its services. Since 2010, the organization has offered three types of contracts with varying levels of care and refundability.


Official website here: www.northhill.org

Who is the CEO of North Hill Needham Inc?

Ted Owens is the President & Ceo of North Hill Needham Inc. The CEO's salary of North Hill Needham Inc is $0 and their total compensation is $392,726.


Official website here: www.northhill.org

What is the revenue of North Hill Needham Inc?

North Hill Needham Inc's revenue in 2022 was $46,801,004.


Official website here: www.northhill.org

Who are the executives of North Hill Needham Inc and what are their salaries?

The average compensation at North Hill Needham Inc during 2022 was $32,918. There are 477 employees and 22 volunteers at North Hill Needham Inc.

Here are 30 key members and their salaries (North Hill Needham Inc's CEO's salary is $0 and their total compensation is $392,726):

    Ted Owens (President & Ceo)
  • Compensation: $0
  • Related: $375,001
  • Other: $17,725

    • David Maw (Executive Director (Until 7/2021))
  • Compensation: $206,009
  • Related: $0
  • Other: $15,151

    • Patty Cusack (Director Of Marketing)
  • Compensation: $187,726
  • Related: $0
  • Other: $17,310

    • Joseph Frias (Dir. Healthcare Svsc/Exec. Dir. (As Of 8/2021))
  • Compensation: $174,820
  • Related: $0
  • Other: $30,181

    • Sara Laware (Director Of Finance)
  • Compensation: $164,594
  • Related: $0
  • Other: $17,105

    • Alice Rose (Chief Of Clinical Services)
  • Compensation: $160,147
  • Related: $0
  • Other: $8,047

    • Harold Goodale (Director Of Facilities)
  • Compensation: $149,832
  • Related: $0
  • Other: $15,659

    • Nicole Wong (Director Of Nursing)
  • Compensation: $150,929
  • Related: $0
  • Other: $8,223

    • Tina Vasconcelles (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edwin Reilly (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy J Reich Weil (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin T Grimes (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Hansen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Mellace (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarah Creed Schmidt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy Hoffmann (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Peterman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Walter Armstrong (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Russell Corsini Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maurice Handel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Davis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Grazewski (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Howard Rubin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Francis Nemia (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gig Babson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sava Berhane (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gretchen Cook-Anderson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wanda Mcclain (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julia Ragland (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Wantanabe (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.northhill.org

    Where can I find the form 990 for North Hill Needham Inc?

    The North Hill Needham Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.northhill.org

    Learn more at the official website: www.northhill.org

    Mission Statement of North Hill Needham Inc

    North Hill Needham Inc, a mission-driven organization based in Massachusetts, is dedicated to providing housing and healthcare services to the elderly, regardless of their financial capabilities. The organization takes pride in caring for its residents for life, even when their resources have been depleted.

    Founded in 1984, North Hill Needham Inc is a tax-exempt continuing care retirement community governed by a board of trustees composed of local citizens. The organization began its legacy by offering new senior living opportunities and introducing Lifecare to Massachusetts. North Hill Needham Inc operates a Lifecare retirement community that includes 320 apartments, 44 enhanced independent living apartments, and a 72-bed skilled nursing facility.

    North Hill Needham Inc goes beyond the basics of housing and healthcare, focusing on enhancing the lives of its residents. The organization's philosophy, known as "Purposeful Living," enriches the well-being of each person who lives and works at North Hill Needham Inc. With a variety of opportunities available on and around the campus, residents can engage in classes at a nearby university, explore cultural offerings, strengthen their minds through book clubs, art classes, and lectures, and strengthen their bodies through indoor pool activities and the outdoor walking club.

    North Hill Needham Inc's commitment to affordability and stability sets it apart. The organization offers three types of contracts, including the flagship 90% refundable with Lifecare, declining balance with Lifecare, and 90% refundable without Lifecare. The 90% refundable entrance fee keeps North Hill Needham Inc's lifestyle and services affordable for those in the community and maintains pricing stability for the level of care provided. Since 2010, North Hill Needham Inc has been providing a peaceful mind and an abundance of opportunities for seniors.

    Impact

    This information is meant to be a general summary of North Hill Needham Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    North Hill Needham Inc's impact can be seen in its dedication to providing housing and healthcare services to the elderly, regardless of their ability to pay. The organization's commitment to offering a lifecare retirement community with innovative opportunities for residents sets it apart as a leader in senior living. By focusing on "purposeful living," North Hill Needham Inc enriches the well-being of each individual within its community, fostering intellectual, physical, and social growth. Through its unique financial model, including a 90% refundable entrance fee, the organization ensures affordability and stability in pricing for the level of care provided. Overall, North Hill Needham Inc's mission-driven approach positively impacts the lives of seniors in the Needham area by offering comprehensive services and a supportive environment for aging individuals.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,498,155
  • Program Service Revenue: $42,454,591
  • Gross Receipts: $57,481,557

    • Assets and Liabilities:
  • Total Assets: $218,215,357
  • Total Liabilities: $261,677,396
  • Net Assets: -$43,462,039
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    APARTMENT SERVICE FEES

    Revenue

    $25,149,714

    SKILLED NURSING REVENUE

    Revenue

    $8,229,927

    ENTRANCE FEES

    Revenue

    $5,188,946

    ENHANCED LIVING REVENUE

    Revenue

    $3,886,004

    Organization Details

    Founding Year

    1979

    Principal Officer

    Ted Owens

    Main Address

    865 CENTRAL AVENUE, NEEDHAM, MA, 02492

    NTEE Category

    Code: P75 - Human services

    If you are a representative of North Hill Needham Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.