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Element Care Inc

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

EIN: 043267751 ✦ Lynn, MA ✦ Designated as a 501(c)(3)

Overview

What is Element Care Inc?

Element Care Inc is a Massachusetts-based nonprofit organization that offers comprehensive health and social services for the elderly, allowing them to continue living in their communities. Known as a Program of All-Inclusive Care for the Elderly (PACE), the organization's mission is to maximize the health and functioning levels of eligible seniors. With a team of healthcare professionals, Element Care provides a range of preventative, primary, acute, and long-term care services, using an interdisciplinary approach to manage care. They have been collaborating with Commonwealth Care Alliance since 2004 as part of the Senior Care Options program, expanding their reach to a wider population. Prior to 2022, Element Care operated under a full risk model, and now they are reimbursed for case management services on a per member per month basis. Amid the COVID-19 pandemic, they transitioned to in-home services for over 800 PACE participants to maintain their safety in the community.


Official website here: www.elementcare.org

Is Element Care Inc legitimate?

Element Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Element Care 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: $1,896,255
Professional Fundraising Fees: $0
Other Salaries and Wages: $24,471,125

For more financial information, click here


Official website here: www.elementcare.org

What is the mission statement of Element Care Inc?

Element Care Inc is dedicated to providing comprehensive healthcare and social services to frail elderly individuals in the community, allowing them to maintain their dignity and respect while living at home. The organization's mission is to maximize the health and functioning levels of its participants, using an interdisciplinary team to manage their care. Element Care offers a range of preventative, primary, acute, and long-term care services, and develops community-based alternatives to institutional settings. The organization's integrated approach consolidates capitated funding from Medicare and Medicaid, and it outsources medical and program services to expert partners. Despite the challenges presented by the COVID-19 pandemic, Element Care adapted by providing in-home services to ensure the safety of its participants.


Official website here: www.elementcare.org

Who is the CEO of Element Care Inc?

Robert Durante is the Director of Element Care Inc.


Official website here: www.elementcare.org

What is the revenue of Element Care Inc?

Element Care Inc's revenue in 2022 was $107,097,540.


Official website here: www.elementcare.org

Who are the executives of Element Care Inc and what are their salaries?

The average compensation at Element Care Inc during 2022 was $80,388. There are 328 employees at Element Care Inc.

Here are 19 key members and their salaries:

    Robert Wakefield (Executive Director)
  • Compensation: $451,680
  • Related: $0
  • Other: $37,594

    • Joanna Duby (Medical Dir/Physician)
  • Compensation: $340,426
  • Related: $0
  • Other: $32,605

    • Soumya Chandrasekaran (Physician)
  • Compensation: $277,912
  • Related: $0
  • Other: $31,217

    • Dorina Omari (Physician)
  • Compensation: $274,803
  • Related: $0
  • Other: $31,275

    • Tao Liu (Physician)
  • Compensation: $278,933
  • Related: $0
  • Other: $9,984

    • John Coolong (Chief Information Officer)
  • Compensation: $251,892
  • Related: $0
  • Other: $30,460

    • Mary Ellen Dugan (Chief Operating Officer)
  • Compensation: $224,929
  • Related: $0
  • Other: $46,544

    • Cinthia Coleman (Physician)
  • Compensation: $243,457
  • Related: $0
  • Other: $18,976

    • Vivian Chan (Physician)
  • Compensation: $244,560
  • Related: $0
  • Other: $10,041

    • Robert Durante (Chief Financial Officer)
  • Compensation: $217,832
  • Related: $0
  • Other: $23,061

    • Linda Gauvain (Director Of Patient Care S)
  • Compensation: $158,148
  • Related: $0
  • Other: $23,384

    • Kathy Burns (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Magner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Feehan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Kiame Mahaniah (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Palleschi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marilyn Smith (Clerk) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Jones (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Rossetti (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.elementcare.org

    Where can I find the form 990 for Element Care Inc?

    The Element Care Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.elementcare.org

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

    Mission Statement of Element Care Inc

    Element Care Inc, a mission-driven organization, is dedicated to providing comprehensive healthcare and social services to frail elders residing in communities north of Boston. This nonprofit is renowned for its Program of All-Inclusive Care for the Elderly (PACE), an initiative that empowers eligible seniors to remain in their own communities instead of relocating to long-term care facilities.

    Element Care Inc's goal is to maximize the health and functioning levels of its program enrollees, enabling them to live with dignity and respect in their communities. To achieve this, the organization offers a wide range of preventative, primary, acute, and long-term care services. An integrated interdisciplinary team manages care, and appropriate community-based alternatives are developed to provide care in institutional settings. Capitated funding from Medicare and Medicaid is consolidated to support the program's operations.

    Prior to January 1, 2022, Element Care Inc operated under a full risk model, with Commonwealth Care Alliance (CCA) receiving Medicare and Medicaid revenue and remitting 86% of the premiums to Element Care for care management services. Element Care, in turn, outsourced its program and medical services expertise to LCHC and GLSS. In March 2020, when the COVID-19 pandemic necessitated the temporary closure of all PACE adult day health centers, Element Care's medical and nursing teams quickly developed a plan to provide in-home services to over 800 PACE participants, ensuring their safety in the community. The organization continues to provide these services, with a partial reopening of the adult day health centers in June 2020 based on square footage and the ability to provide a safe, socially distanced environment for participants and staff.

    Impact

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




    Thursday, August 15, 2024

    Element Care Inc has a significant impact on the lives of seniors in Massachusetts. By offering a comprehensive range of preventative, primary, acute, and long-term care services through their Program of All-Inclusive Care for the Elderly (PACE), Element Care enables eligible seniors to remain in their own communities instead of being placed in long-term care facilities. Their integrated interdisciplinary team works to maximize the health and functioning levels of program enrollees, allowing them to continue living independently with dignity and respect. Additionally, through collaborations like the Senior Care Options (SCO) program, Element Care can reach a wider population and provide assistance to individuals earlier in their healthcare journey. Moreover, their response to the COVID-19 pandemic, including the development of in-home services and the partial reopening of adult day health centers, demonstrates their commitment to ensuring the safety and well-being of their participants. Through their efforts, Element Care is making a tangible difference in the lives of frail individuals in the North Shore and Merrimack Valley communities.





    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: $320,152
  • Program Service Revenue: $106,756,202
  • Gross Receipts: $107,097,540

    • Assets and Liabilities:
  • Total Assets: $93,315,351
  • Total Liabilities: $11,921,421
  • Net Assets: $81,393,930
  • Programs

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

    PATIENT SERVICES

    Revenue

    $106,756,202

    Organization Details

    Founding Year

    1994

    Principal Officer

    Robert Durante

    Main Address

    37 FRIEND STREET, LYNN, MA, 01902

    NTEE Category

    Code: P81 - Human services

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