NEW ENGLAND DEACONESS ASSOCIATION

EIN: 042104763 501(c)(3) Health Care

CONCORD, MA

Total Revenue
$52,402,370
Total Expenses
$48,583,887
Total Assets
$171,177,154
Net Assets
$-7,277,931
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Financial Trends

Organization Details

Formation Year
1889
Legal Domicile
MA
Principal Officer
CHRISTOPHER SINTROS
Phone
9783695151
Tax Period
2023-01-01 to 2023-12-31

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.

Mission

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.

Program Service Accomplishments

Program 1
Expenses: $39,882,720 Revenue: $44,676,880

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...

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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%.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,023,111
Program Service Revenue $44,676,880
Investment Income $4,200,976
Other Revenue $501,403
TOTAL REVENUE $52,402,370

Expense Breakdown

Grants Paid $16,000
Salaries & Benefits $29,694,870
Fundraising Expenses $0
Program Expenses $39,882,720
Other Expenses $18,873,017
TOTAL EXPENSES $48,583,887

Year-over-Year Comparison

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%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
12
Employees
754
Volunteers
12

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
5
$935,837
Total Directors
14
$433,156
Key Employees
3
$613,342
Highest Compensated
5
reported
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
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 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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