HOME FOR AGED PEOPLE IN FALL RIVER Charity Report

Tax-exempt status may be revoked

HOME FOR AGED PEOPLE IN FALL RIVER

EIN 04-2104315

What they do

to PROVIDE and MAINTAIN A CONTINUOUS CARE RETIREMENT COMMUNITY WHICH SERVES THE RESIDENTIAL, SOCIAL and HEALTH-CARE NEEDS of ELDERS IN THE GREATER FALL RIVER, MASSACHUSETTS AREA. to PROVIDE A CHARITABLE HOME for THE AGED PEOPLE IN FALL RIVER, MASSACHUSETTS

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This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2016The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders23 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

48.50%of revenue went to mission work68.8% of expenses · Program services

0.29%of revenue went to fundraising0.4% of expenses

$70.46spent for every $100 of revenueRevenue covered expenses this year.

21.67%of revenue went to management and office costs30.8% of expenses

$0.89in assets for every $1 spent this yearSome assets cannot be spent right away.

1.0%of its money came from giftsOther money may come from services or investments.

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Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $5,826 for MICHAEL BALDASSARRE (ADMINISTRATOR). Compare pay with organizations of similar size and complexity.

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Money

Financial picture

Tax year 2016

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$8,906,316

Mission workProgram services$4,319,72248.50% of revenue68.8% of expenses

ManagementOffice and general costs$1,930,13821.67% of revenue30.8% of expenses

FundraisingAsking for donations$25,8700.29% of revenue0.4% of expenses

Revenue left after expensesReported annual surplus$2,630,58629.54% of revenueShown in gray on the chart

Total expenses$6,275,73070.46% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Money in and money out

Revenue$8,906,316

Expenses$6,275,730

Annual surplus $2,630,586 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$4,319,722 · 68.8% of expenses

Management and office costs$1,930,138 · 30.8% of expenses

Fundraising$25,870 · 0.4% of expenses

See all reported dollar amounts

Revenue$8,906,316

Expenses$6,275,730

Assets$5,600,475

Income$9,383,687

Contributions$85,780

Mission work (program services)$4,319,722

Fundraising$25,870

Management and general$1,930,138

Executive compensation (total)$144,885

Stocks and bonds$4,750

Accounting fees$34,966

People

Leadership and board

Tax year 2016

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MICHAEL BALDASSARREADMINISTRATOR · 30 hrs/week $5,826Base · Other $5,826

KENNETH STRONGEXECUTIVE DIRECTOR · 40 hrs/week $3,357Base · Other $3,357

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (23)

MICHAEL BALDASSARREADMINISTRATOR

KENNETH STRONGEXECUTIVE DIRECTOR

KIM PERRYTREASURER

SYLVIA TOMPKINSDIRECTOR

SUE MOE-RAPOSOCLERK

SHEILA SALVODIRECTOR

ROBERT P LAWRENCEDIRECTOR

PETER BULLARDPRESIDENT

PETER BOGLEDIRECTOR

NICHOLAS CHRISTDIRECTOR

MICHAEL BERUBEDIRECTOR

MARLENE ROBINSONDIRECTOR

MARILYN MARVELDIRECTOR

MR IRVING D HUMPHREY IIIDIRECTOR

KAREN DREYERDIRECTOR

JAMES H KAYCHAIRMAN

COLIN ROBINSONVICE PRESIDENT

CHARLENE DONDISDIRECTOR

BETTY M WELCHVICE PRESIDENT

BETTY CORNERDIRECTOR

ANN SNYDERDIRECTOR

ALICE TURNERDIRECTOR

AGATHA ST AMOURDIRECTOR

About this charity

Location: 1168 HIGHLAND AVENUE, FALL RIVER, MA 02720
County: Bristol
In care of: JAMES H KAY
Primary officer: JAMES H KAY, CHAIRMAN

How to reach them

WebsiteVisit the charity’s website Phone(508) 679-0144 Officer phone(508) 673-5893

Filing and classification

Latest tax year: 2016
Tax period began: January 1, 2016
Return type: 990
Tax preparer: MEYER REGAN & WILNER LLP
Revocation date: May 15, 2020