HRCA Brookline Housing 1550 Beacon Plaza Inc

EIN: 010569403 501(c)(3) Housing & Shelter

Boston, MA

Total Revenue
$6,002,165
Total Expenses
$4,744,954
Total Assets
$19,893,507
Net Assets
$-5,997,652
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
MA
Phone
6173258000
Tax Period
2023-10-01 to 2024-09-30

HRCA Brookline Housing 1550 Beacon Plaza Inc, founded in 2001, is a community nonprofit in the Housing & Shelter sector that reported $6.0M in total revenue in fiscal year 2023. The organization ran a surplus of $1.3M, a strong 21% operating margin.

Mission

TO OPERATE AFFORDABLE, SUPPORTIVE RESIDENTIAL HOUSING FOR LOWINCOME SENIORS IN AN ATMOSPHERE THAT SUPPORTS INDIVIDUALITY AND RESPECT, FOSTERS ACTIVE AND ENERGETIC LIFESTYLES, ENCOURAGES INDEPENDENCE AND SELFFULFILLMENT, AND VALUES VOLUNTEERISM AND PARTICIPATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $72,677
Program Service Revenue $5,780,018
Investment Income $154,953
Other Revenue $-5,483
TOTAL REVENUE $6,002,165

Expense Breakdown

Grants Paid $0
Salaries & Benefits $939,702
Fundraising Expenses $0
Program Expenses $3,805,269
Other Expenses $3,805,252
TOTAL EXPENSES $4,744,954

Year-over-Year Comparison

2023 2022 Change
Revenue $6,002,165 $5,611,543 +0.1%
Expenses $4,744,954 $4,419,329 +0.1%
Net Income $1,257,211 $1,192,214 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
2
Employees
N/A
Volunteers
2

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$2,569,781
Total Directors
6
$2,569,781
Key Employees
11
$4,513,071
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES D HART SECRETARY & CHIEF FIN. OFFICER 1.0
Officer Director
$0 $82,599 $580,366
LOUIS J WOOLF PRESIDENT AND CEO (THRU 7/2023, RETURNED 5/2024 TO CURRENT) 0.5
Officer Director
$0 $84,903 $1,111,402
MARSHA COHEN TREASURER 0.1
Officer Director
$0 $0 $0
MELISSA BAYER TEARNEY BOARD CHAIR (THRU 9/30/23) 0.1
Officer Director
$0 $0 $0
RICHARD J HENKEN CHAIR ELECT (EFFECTIVE 10/1/23) 0.1
Officer Director
$0 $0 $0
STEVEN LANDERS PRESIDENT AND CEO (7/2023 - 5/2024) 0.5
Officer Director
$0 $39,841 $878,013
ERIC ROGERS CHIEF INFORMATION OFFICER 0.5
Key Emp
$0 $87,189 $438,323
JAMES BROWN EXECUTIVE DIRECTOR OF CCB 15.0
Key Emp
$0 $30,657 $224,449
KATELYN QUYNN CHIEF DEV OFF & VP BOARD REL 0.5
Key Emp
$0 $59,137 $439,718
KATHYRN W TASKER CHIEF SPONSORED AWARDS OFFICER 1.0
Key Emp
$0 $84,279 $362,109
KIMBERLY J BROOKS CHIEF OP. OFFICER, SEN LIVING 5.0
Key Emp
$0 $71,184 $446,384
LEWIS LIPSITZ MD DIR, HMIFAR & CHIEF ACAD. OFF 1.0
Key Emp
$0 $93,718 $509,310
LINDA THOMPSON CHIEF PEOPLE OFFICER 0.5
Key Emp
$0 $77,367 $432,449
MANDEL I ERNEST MD CHIEF MEDICAL OFFICER 0.5
Key Emp
$0 $63,347 $437,179
RACHEL LERNER ESQUIRE GEN. CNSL. & CHIEF COMP. OFF 0.5
Key Emp
$0 $74,001 $465,082
SARAH L SYKORA CHIEF COMM. & PLAN OFFICER 0.5
Key Emp
$0 $71,659 $381,463
TAMMY B RETALIC MS RN CHIEF NURSING OFF. & VP PCS 1.0
Key Emp
$0 $80,270 $376,605
DAMIAN ISCHOP ASSISTANT DIRECTOR OF MAINTENANCE 15.0
Highest
$0 $20,956 $95,689
JAMES DORMADY DIRECTOR OF FACILITIES 15.0
Highest
$0 $27,775 $151,078
JILL MACDONALD ASSOCIATE EXECUTIVE DIRECTOR, CCB 15.0
Highest
$0 $19,246 $127,341
MASANO MURATA DIRECTOR OF FINANCE 15.0
Highest
$0 $19,726 $165,280
SOPHIA F SMITH DIRECTOR OF SUPPORTIVE HOUSING COMP & OCCUPAN 15.0
Highest
$0 $45,647 $160,710
MARY MOSCATO FACHE PRESIDENT, HSL HC SVCS. & HRC 1.0
$0 $47,510 $765,256
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $6,002,165 $4,744,954 $19,893,507 $1,257,211
2023 $5,611,543 $4,419,329 $19,089,371 $1,192,214
2022 $4,839,741 $4,394,343 $18,359,428 $445,398
2021 $4,652,823 $4,385,860 $18,498,571 $266,963
2020 $4,241,563 $4,299,455 $18,902,887 $-57,892
2019 $3,857,691 $3,938,123 $18,816,842 $-80,432
2018 $3,908,556 $3,832,183 $19,164,876 $76,373
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