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William B Rice Eventide Home

Also known as Dwyer Home and Fairing Way

South Weymouth, MA · EIN 04-2106771 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

William B Rice Eventide Home reported $13.1 million in revenue and $16.2 million in expenses for calendar year 2024. Of every $100 it spent, $81.70 went to program services, $18.30 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 105.3% of the total. The highest compensation it reported for one person was $211,528 (CEO AND DIRECTOR). 6 people received more than $100,000 in reportable compensation. Revenue rose 48% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $16M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 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 $13M

Investment income was negative: −$692K. The bar shows the positive sources only.

Other revenue was negative: −$20,575. The bar shows the positive sources only.

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

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
81.7%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
18.3%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.1%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
105.3%93.7%
Highest reported compensation
Part VII-A, columns D–F
$211,528$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.31%1.34%
People paid over $100,000
Part VII, line 2
627
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
-5.46.6
Independent voting board members
Part VI 1a–1b
10 of 1188.9%

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
$13M expenses · 100.0% of program spending · revenue $14M

William b. Rice Eventide Home, inc. Is a nonprofit senior living organization providing a full continuum of care and housing options for older adults. The organization operates dwyer home, a skilled nursing and rehabilitation center; fairing way, an independent living community; and wingspan outpatient rehabilitation. Collectively, these entities offer high-quality healthcare, housing, and wellness services that promote independence, dignity, and engagement for residents and members of the greater south shore community

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
CEO AND DIRECTOR
Director/trustee, officer, 40.00 hrs/week
$210,553$0$975$211,528
CERTIFIED NURSE AIDE
Highest compensated employee, 82.00 hrs/week
$119,847$0$33,000$152,847
ADMINISTRATOR (AS OF 3/24)
Highest compensated employee, 40.00 hrs/week
$146,345$0$6,266$152,611
PHYSICAL THERAPIST
Highest compensated employee, 40.00 hrs/week
$105,500$0$42,125$147,625
MDS COORDINATOR
Highest compensated employee, 40.00 hrs/week
$113,535$0$28,045$141,580
DIRECTOR OF NURSING (AS OF 4/24)
Highest compensated employee, 40.00 hrs/week
$120,961$0$12,383$133,344
EXECUTIVE DIRECTOR (UNTIL 12/23)
Former, 0.00 hrs/week
$62,022$0$1,412$63,434

6 people received more than $100,000 in reportable compensation from William B Rice Eventide Home (Part VII, line 2). Compensation of current officers, directors and key employees totaled $275K (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
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$13M$16M81.7%−$7.2M$211,528
2023 ⓘ$13M$15M81.2%−$3.9M$190,817
2022 ⓘ$13M$15M80.2%−$2.2M$184,978
2021 ⓘ$12M$15M79.2%$52,249$183,890
2020 ⓘ$9.6M$13M77.3%$2.8M$153,882
2019 ⓘ$8.9M$10M78.2%$6.2M$129,241

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–1b11 · 10 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 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5163
  • Volunteers Part I, line 622

Private foundation grants it received

2 private foundations reported grants to William B Rice Eventide Home totaling $2,282 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 William B Rice Eventide Home's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for William B Rice Eventide Home, you can publish a response that is linked from this page.

Questions people ask

How much of William B Rice Eventide Home's spending goes to programs?

In calendar year 2024, William B Rice Eventide Home reported that 81.7% of its $16.2 million in expenses went to program services, 18.3% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does William B Rice Eventide Home pay its top executive?

The largest total compensation William B Rice Eventide Home reported for one person in calendar year 2024 was $211,528, for the role of CEO AND DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does William B Rice Eventide Home get its money?

Of $13.1 million in revenue in calendar year 2024, 0.1% came from contributions and grants and 105.3% from program service revenue (Form 990, Part VIII).

Is William B Rice Eventide Home a registered charity?

The IRS lists EIN 04-2106771 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), 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 202513109349302041 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202422289349301117 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202322639349300012 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202203069349301985 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202143069349301589 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202033159349304243 · read the filing

All filings for EIN 04-2106771: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.