CONCORD, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NEW ENGLAND DEACONESS ASSOCIATION, founded in 1889, is a mid-sized nonprofit in the Health Care sector that reported $52.4M in total revenue in fiscal year 2023. Expenses of $48.6M left a modest 7% surplus.
DEACONESS WILL EFFECTIVELY USE OUR HUMAN AND FINANCIAL RESOURCES AND WILL SEARCH FOR NEW OPPORTUNITIES TO PROVIDE HIGH QUALITY AND HIGHLY-VALUED CARE THAT EXCEEDS THE EXPECTATIONS OF THOSE WE SERVE.
NEW ENGLAND DEACONESS ASSOCIATION (NEDA) CARES COMPASSIONATELY FOR STAFF, RESIDENTS, VOLUNTEERS AND FAMILIES. NEDA KNOWS THAT IF ONE CONTINUES TO STAY INTELLECTUALLY CHALLENGED, PHYSICALLY ACTIVE...
NEW ENGLAND DEACONESS ASSOCIATION (NEDA) CARES COMPASSIONATELY FOR STAFF, RESIDENTS, VOLUNTEERS AND FAMILIES. NEDA KNOWS THAT IF ONE CONTINUES TO STAY INTELLECTUALLY CHALLENGED, PHYSICALLY ACTIVE, SOCIALLY CONNECTED, AND SPIRITUALLY ENRICHED IN WHATEVER WAY THAT PROVIDES MEANING TO AN INDIVIDUAL, THAT ONE CAN AGE WELL. THOUGH THERE ARE MANY CHALLENGES ALONG THE PATHWAY OF THE AGING PROCESS, NEDA BELIEVES THAT BY PROVIDING SUPPORTIVE SERVICES IN ALL OF THESE AREAS, THE LATER YEARS OF LIFE WILL BE MORE FULFILLING AND ENRICHING.NEDA'S CURRENT STRATEGY IS PROVIDING CARE AND SERVICES TO OLDER ADULTS IN RESIDENTIAL SETTINGS. JUST AS THE ORIGINAL DEACONESSES MADE A DIFFERENCE IN THE LIVES OF THOSE THEY SERVED, NEDA CONTINUES TO WORK TO ENHANCE AND IMPROVE THE QUALITY OF LIFE FOR ITS RESIDENTS, THEIR FAMILIES AND THEIR COMMUNITIES.THE NEW ENGLAND DEACONESS ASSOCIATION CORE VALUES STATEMENT WAS DEVELOPED THROUGH THE INPUT OF STAFF, RESIDENTS, FAMILIES, CORPORATORS, AND THE BOARD OF DIRECTORS. IT DEFINES WHAT THE ORGANIZATION STANDS FOR AND WHY IT EXISTS. AT ALL LEVELS OF THE ORGANIZATION THE CORE VALUE STATEMENT (BELOW) IS USED TO GUIDE THE CHOICES AND DECISIONS IT MAKES.DEACONESS ABUNDANT LIFE CARES COMPASSIONATELY FOR OUR RESIDENTS, STAFF, VOLUNTEERS, AND THEIR FAMILIES WHILE SHARING ABUNDANT LIFE WITH AN ATTITUDE OF JOY, HOPE, AND COMMITMENT; REACHING OUT TO OUR COMMUNITY WITH A HOLISTIC FOCUS ON BODY, MIND, AND SPIRIT IN AN ENVIRONMENT WHICH LEADS TO CONTINUED EXCELLENCE AND FINANCIAL STRENGTH AS WE STRIVE FOR NEW AND INNOVATIVE WAYS TO BETTER SERVE OLDER ADULTS.NEDA'S CURRENT OPERATIONS PROVIDE SERVICES AND FACILITIES THAT MEET THE CHANGING NEEDS OF OLDER ADULTS. NEDA STRIVES TO ACHIEVE THE HIGHEST STANDARDS OF EXCELLENCE AND LEADERSHIP AS IT ENRICHES AND ENHANCES THE QUALITY OF LIFE FOR THOSE WITHIN NEDA'S CARE. NEDA'S COMMITMENT TO ASSISTING OLDER ADULTS ALSO GOES BEYOND THE RESIDENTIAL SETTINGS TO INCLUDE SEMINARS AND SPEAKING ENGAGEMENTS TO HELP COMMUNITY GROUPS AND AGENCIES, AS WELL AS CHURCHES, TO BETTER CARE FOR THEIR CONSTITUENTS. NEDA PRESENTLY OPERATES IN FOUR LOCATIONS. OCCUPANCY FOR 2023 AT RIVERCREST WAS 90%, THE GARDENS 95%, AND INDEPENDENT LIVING 95%.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $52,402,370 | $50,151,554 | +0.0% |
| Expenses | $48,583,887 | $48,101,291 | +0.0% |
| Net Income | $3,818,483 | $2,050,263 | +0.9% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CHRISTOPHER SINTROS | CEO/PRESIDENT | 32.00 |
Officer
Director
|
$400,543 | $31,063 | $431,606 |
| KENNETH GRINNELL | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN YOUNG | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CAROL WILSON | BOARD MEMBER (IMMEDIATE PAST CHAIR) | 1.00 |
Director
|
$0 | $0 | $0 |
| GLENN BURLAMACHI | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DR SUNITA HANJURA | BOARD MEMBER | 1.00 |
Director
|
$1,550 | $0 | $1,550 |
| HARRY HEDISON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DONNA WEST | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID MURPHY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN LOMBARD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARILYN MUDRY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SHEILA WATTS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| REV MATTHEW J WISSELL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| HON JOHN CRATSLEY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMES MCGOWAN | CFO | 32.00 |
Officer
|
$271,197 | $30,239 | $301,436 |
| SHEENA BRIEN | DIRECTOR OF HR | 40.00 |
Officer
|
$197,270 | $5,525 | $202,795 |
| VICTORIA TAYLOR | EXECUTIVE DIRECTOR | 40.00 |
Key Emp
|
$177,594 | $26,854 | $204,448 |
| CHRISTINE BATTISTI-KEANE | RIVERCREST ADMINISTRATOR | 40.00 |
Key Emp
|
$183,463 | $5,504 | $188,967 |
| AMY CAPOFREDDI | DIRECTOR OF DEVELOPMENT | 40.00 |
Key Emp
|
$192,887 | $27,040 | $219,927 |
| ELLEN REUSCH | DIRECTOR, RESIDENT HEALTH & WELLNESS | 40.00 |
Highest
|
$158,347 | $13,175 | $171,522 |
| ROSEMARIE DOLLETTE | REGISTERED NURSE | 40.00 |
Highest
|
$162,611 | $26,855 | $189,466 |
| ANTHONY DICHIO | DIRECTOR BUILDING SERVICES | 40.00 |
Highest
|
$153,219 | $4,597 | $157,816 |
| DEBORAH MORRISON | DIRECTOR OF MARKETING | 40.00 |
Highest
|
$170,451 | $2,874 | $173,325 |
| JENNY DIDONATO | REGIONAL OPERATIONS SPECIALIST | 40.00 |
Highest
|
$188,366 | $21,586 | $209,952 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $52,402,370 | $48,583,887 | $171,177,154 | $3,818,483 |
| 2022 | $50,151,554 | $48,101,291 | $165,848,810 | $2,050,263 |
| 2021 | $42,765,861 | $46,449,210 | $168,661,233 | $-3,683,349 |
| 2020 | $44,541,291 | $43,370,809 | $166,136,544 | $1,170,482 |
| 2019 | $44,810,492 | $38,646,148 | $160,070,922 | $6,164,344 |
| 2018 | $36,573,903 | $36,547,837 | $170,140,037 | $26,066 |
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