Somerville-cambridge Elder Services

Unknown organization based in Somerville, MA. 170 employees. Exempt under §501(c)(3).

MissionSOMERVILLE-CAMBRIDGE ELDER SERVICES IS A NON-PROFIT AGENCY THAT PROVIDES INFORMATION, SERVICES, AND ADVOCACY TO HELP OLDER ADULTS LIVE INDEPENDENTLY IN THE SETTING OF THEIR CHOICE. ESTABLISHED IN 1972 AS PART OF A NATIONAL MOVEMENT TOWARD PROVIDING COMMUNITY-BASED SERVICES AND

EIN
04-2515020
State
MA
Sector
Unknown
Budget band
$25M–$50M
Latest filing
TY 2023
Records
7 officers · 5 years

Financial snapshot · TY 2023

$40.3M
Total revenue
$40.2M
Total expenses
$27.3M
Net assets

Financial health · TY 2023

70
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
29
5.3 months of expenses
Program efficiency
100
94% spent on programs
Revenue diversity
89
Mix of program fees, grants & contributions

Leadership compensation

Marta Corvelo
CHIEF EXECUTIVE OFFICER
$223,176
Donna Vaskelis
CHIEF FINANCIAL OFFICER
$200,419
Anne Fowler
CHIEF PROGRAM OFFICER
$174,987
Elise Farrell
ASST. HOME CARE DIRECTOR(UNTIL 3/24)
$143,785
Ellyn Torres
DIRECTOR OF CULTURE AND PEOPLE OPERATIONS
$140,223

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Somerville-cambridge Elder Services Executive Compensation | 990 Data | DoubleNine