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Home for Aged Women

Also known as See Schedule O

Brookline, MA · EIN 04-2104314 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Home for Aged Women reported $17.0 million in revenue and $11.7 million in expenses for calendar year 2024. Of every $100 it spent, $75.43 went to program services, $24.01 to management and general costs and $0.56 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 63.5% of the total. The highest compensation it reported for one person was $286,283 (CHIEF EXECUTIVE OFFICER). 3 people received more than $100,000 in reportable compensation. Revenue rose 59% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $12M

For context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $17M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 3,614 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
75.4%87.2%
Management & general
Part IX 25(C) ÷ 25(A)
24.0%11.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.6%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.15$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
2.6%20.6%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%2.4%
Program service revenue share
Part VIII 2g ÷ 12
63.5%70.8%
Highest reported compensation
Part VII-A, columns D–F
$286,283$274,992
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.44%1.18%
People paid over $100,000
Part VII, line 2
36
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
77.96.9
Independent voting board members
Part VI 1a–1b
15 of 16100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$8.8M expenses · 100.0% of program spending · grants $1.1M · revenue $11M

Goddard house in brookline is an assisted living facility where seniors find the services and security they need without giving up the traditions and independence they cherish. The assisted living facility creates an environment where residents maintain their dignity, pride and individuality. The assisted living facility offers 115 beautifully designed studios and one and two-bedroom apartments. These include the "olmsted place" memory-impairment program which has 44 apartments. In 2024, 15% of the units of the assisted living are devoted to occupants with below market income

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CHIEF EXECUTIVE OFFICER
Director/trustee, officer, 40.00 hrs/week
$278,349$0$7,934$286,283
ASSISTANT EXECUTIVE DIRECTOR
Highest compensated employee, 40.00 hrs/week
$171,484$0$5,960$177,444
DIRECTOR OF COMMUNITY PARTNERSHIPS
Highest compensated employee, 40.00 hrs/week
$100,844$0$15,441$116,285

3 people received more than $100,000 in reportable compensation from Home for Aged Women (Part VII, line 2). Compensation of current officers, directors and key employees totaled $286K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20M201920202021202220232024$17M$12M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$17M$12M75.4%$76M$286,283
2023 ⓘ$14M$10M72.6%$69M$270,885
2022 ⓘ$13M$9.9M72.4%$60M$262,183
2021 ⓘ$14M$9.9M74.0%$66M$251,606
2020 ⓘ$11M$10M77.2%$60M$246,212
2019 ⓘ$11M$9.1M72.4%$56M$183,630

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b16 · 15 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 5167
  • Volunteers Part I, line 617

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
DIMELLA SHAFFER ASSOCIATES INC
Architectural services
$641,006
SENIOR LIVING RESIDENCES
Mgmt. Services
$623,854
BROWN ADVISORY SERVICES
Investment services
$218,606
CM BUILDING & RENOVATION LLC
Construction services
$145,830
CBIZ ADVISORS LLC
Accounting services
$100,562

Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.

Private foundation grants it received

2 private foundations reported grants to Home for Aged Women totaling $17,500 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Home for Aged Women's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Home for Aged Women, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All human services charities · Largest charities in Massachusetts

Questions people ask

How much of Home for Aged Women's spending goes to programs?

In calendar year 2024, Home for Aged Women reported that 75.4% of its $11.7 million in expenses went to program services, 24.0% to management and general and 0.6% to fundraising (Form 990, Part IX).

How much does Home for Aged Women pay its top executive?

The largest total compensation Home for Aged Women reported for one person in calendar year 2024 was $286,283, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Home for Aged Women get its money?

Of $17.0 million in revenue in calendar year 2024, 2.6% came from contributions and grants and 63.5% from program service revenue (Form 990, Part VIII).

Is Home for Aged Women a registered charity?

The IRS lists EIN 04-2104314 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202543219349306234 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202413179349308241 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202343139349301129 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202243059349301419 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202113169349309746 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202023169349301247 · read the filing

All filings for EIN 04-2104314: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.