Newbridge on the Charles
Newbridge on the Charles reported $61.4 million in revenue and $62.4 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $79.69 went to program services, $20.31 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: 96.3% 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)). 16 people received more than $100,000 in reportable compensation. Revenue rose 17% 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 $62MFor 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
The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $61MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 79.7% | 87.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 20.3% | 11.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.2% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.0% | 20.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 2.4% |
| Program service revenue share Part VIII 2g ÷ 12 | 96.3% | 70.8% |
| Highest reported compensation Part VII-A, columns D–F | $1,170,292 | $274,992 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.88% | 1.18% |
| People paid over $100,000 Part VII, line 2 | 16 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | -41.8 | 6.9 |
| 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 expenseIndependent living when moving to newbridge on the charles, inc. (nboc) residents enjoy the freedom from home ownership, the convenience of services and amenitites, and the flexibility to enjoy a wide range of activities. Perhaps the biggest benefit is peace of mind that comes with knowing they have a full spectrum of health care services and living accomodations as their needs change over time. This continuum of care extends from independent living to assisted living, to skilled rehabilitative and long-term nursing care, all in one community. A medical practice as well as home health care…
Recuperative services unit/snf hrc at nboc, located in the gloria adelson field health center, is a pioneering state-of-the art geriatric health care center that offers comprehensive short-term rehabilitative services, long-term care, and a memory care unit. Building on hewbrew seniorlife's holistic approach to care, hrc serves as ground-breaking model in creating an optimal living environment and providing the types of services and programs that seniors best respond to physically and emotionally when in short or long-term care. The private rooms and common living spaces resemble all the…
Assisted living the traditional assisted living program at nboc is a key component of our continuing care retirement community (ccrc) providing the opportunity for those who wish to live in a supportive community or for current independent living residents to continue residing on our campus. In 51 traditional assisted living apartments, nboc fosters a deep sense of community and home away from home in a compassionate environment for seniors. At the core of this area is a full service dining room and library as well as activity and meeting rooms. In addition to providing personalized…
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, 4.0 hrs/week | $0 | $1,111,950 | $58,342 | $1,170,292 |
| PRESIDENT AND CEO (7/2023 - 5/2024) Former, 4.0 hrs/week | $0 | $1,057,095 | $35,772 | $1,092,867 |
| CHIEF DEV OFF & VP BOARD REL Key employee, 4.0 hrs/week | $0 | $675,277 | $58,293 | $733,570 |
| EVP, HEALTHCARE AND CHIEF MEDICAL OFFICER Key employee, 2.0 hrs/week | $0 | $572,249 | $40,833 | $613,082 |
| SECRETARY & CHIEF FIN. OFFICER (THRU 11/2024) Director/trustee, officer, 4.0 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, 4.0 hrs/week | $0 | $477,336 | $51,803 | $529,139 |
16 people received more than $100,000 in reportable compensation from Newbridge on the Charles (Part VII, line 2). Compensation of current officers, directors and key employees totaled $483K (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 5396
- Volunteers Part I, line 670
Private foundation grants it received
3 private foundations reported grants to Newbridge on the Charles totaling $4,500 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 Newbridge on the Charles's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Newbridge on the Charles, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Newbridge on the Charles spent in FY2025, $79.69 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of Newbridge on the Charles's spending goes to programs?
In the fiscal year ending September 30, 2025, Newbridge on the Charles reported that 79.7% of its $62.4 million in expenses went to program services, 20.3% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Newbridge on the Charles pay its top executive?
The largest total compensation Newbridge on the Charles 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 Newbridge on the Charles get its money?
Of $61.4 million in revenue in the fiscal year ending September 30, 2025, 0.0% came from contributions and grants and 96.3% from program service revenue (Form 990, Part VIII).
Is Newbridge on the Charles a registered charity?
The IRS lists EIN 38-3707573 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
- FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202622259349302657 · read the filing
- FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202522189349301002 · read the filing
- FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202442189349300449 · read the filing
- FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202302279349302415 · read the filing
- FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202242169349301874 · read the filing
- FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202122289349303007 · read the filing
All filings for EIN 38-3707573: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.