Hrca Housing for Elderly
Also known as Jack Satter House
Hrca Housing for Elderly reported $11.2 million in revenue and $9.5 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $76.03 went to program services, $23.97 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: 98.8% of the total. The highest compensation it reported for one person was $1,170,292 (PRESIDENT AND CEO (THRU 7/2023, RETURNED 5/2024 TO 6/2025)). 3 people received more than $100,000 in reportable compensation. Revenue rose 49% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $9.5MFor context, the median across 957 covered housing & shelter charities: $89.25 programs, $10.75 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $11M- Contributions & grants (non-government)$0.40 $45,059
- Program service revenue$98.76 $11M
- Investment income$0.84 $94,675
Other revenue was negative: −$7,499. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 76.0% | 87.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 24.0% | 10.5% |
| 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 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.4% | 17.7% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 98.8% | 64.8% |
| Highest reported compensation Part VII-A, columns D–F | $1,170,292 | $299,181 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 12.33% | 1.59% |
| People paid over $100,000 Part VII, line 2 | 3 | 4 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | -43.1 | 10.2 |
| Independent voting board members Part VI 1a–1b | 2 of 5 | 100.0% |
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
FY2025 · Form 990, Part III · the three largest programs by expenseHrca Housing for elderly, inc. (dba jack satter house) in revere combines independent, nondenominational apartment living with onsite services that promote an active, healthy life. The community is designed to give senior residents multiple opportunities to engage with each other, support each other, and work together for the good of the community. The community is located directly across the boulevard from revere beach, allowing for panoramic atlantic ocean views from almost every apartment. It is convenient to boston's culture, shopping, and public transportation as well as the scenic north…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT AND CEO (THRU 7/2023, RETURNED 5/2024 TO 6/2025) Director/trustee, officer, 1.0 hrs/week | $0 | $1,111,950 | $58,342 | $1,170,292 |
| PRESIDENT AND CEO (7/2023 - 5/2024) Former, 1.0 hrs/week | $0 | $1,057,095 | $35,772 | $1,092,867 |
| CHIEF DEV OFF & VP BOARD REL Key employee, 1.0 hrs/week | $0 | $675,277 | $58,293 | $733,570 |
| EVP, HEALTHCARE AND CHIEF MEDICAL OFFICER Key employee, 0.5 hrs/week | $0 | $572,249 | $40,833 | $613,082 |
| SECRETARY & CHIEF FIN. OFFICER (THRU 11/2024) Director/trustee, officer, 1.0 hrs/week | $0 | $524,960 | $74,274 | $599,234 |
| EXECUTIVE VICE PRESIDENT, SENIOR LIVING Key employee, 5.0 hrs/week | $0 | $508,858 | $70,540 | $579,398 |
| DIR, HMIFAR & CHIEF ACAD. OFF Key employee, 1.0 hrs/week | $0 | $469,195 | $94,121 | $563,316 |
| CHIEF PEOPLE OFFICER Key employee, 1.0 hrs/week | $0 | $477,336 | $51,803 | $529,139 |
3 people received more than $100,000 in reportable compensation from Hrca Housing for Elderly (Part VII, line 2). Compensation of current officers, directors and key employees totaled $181K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · 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–1b5 · 2 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 15aNo
- 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 14bNo
- Employees Part I, line 555
- Volunteers Part I, line 66
Correct a figure or respond
Every number above is copied from Hrca Housing for Elderly's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Hrca Housing for Elderly, you can publish a response that is linked from this page.
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Of every $100 Hrca Housing for Elderly spent in FY2025, $76.03 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of Hrca Housing for Elderly's spending goes to programs?
In the fiscal year ending September 30, 2025, Hrca Housing for Elderly reported that 76.0% of its $9.5 million in expenses went to program services, 24.0% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Hrca Housing for Elderly pay its top executive?
The largest total compensation Hrca Housing for Elderly reported for one person in the fiscal year ending September 30, 2025 was $1,170,292, for the role of PRESIDENT AND CEO (THRU 7/2023, RETURNED 5/2024 TO 6/2025) (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Hrca Housing for Elderly get its money?
Of $11.2 million in revenue in the fiscal year ending September 30, 2025, 0.4% came from contributions and grants and 98.8% from program service revenue (Form 990, Part VIII).
Is Hrca Housing for Elderly a registered charity?
The IRS lists EIN 04-2543731 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
- FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202632259349302098 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202502189349300410 · read the filing
- FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202402189349300855 · read the filing
- FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202302279349302315 · read the filing
- FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202232169349300328 · read the filing
- FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202102289349302860 · read the filing
All filings for EIN 04-2543731: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.