AGING SERVICES OF NORTH CENTRAL MASSACHUSETTS INC

EIN: 042551175 501(c)(3) Human Services

LEOMINSTER, MA

Total Revenue
$29,876,138
Total Expenses
$27,578,460
Total Assets
$20,709,580
Net Assets
$15,708,043
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
MA
Principal Officer
PETER MACDONALD
Phone
9785377411
Tax Period
2024-07-01 to 2025-06-30

AGING SERVICES OF NORTH CENTRAL MASSACHUSETTS INC, founded in 1974, is a mid-sized nonprofit in the Human Services sector that reported $29.9M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $27.6M left a modest 8% surplus.

Mission

AGING SERVICES OF NORTH CENTRAL MASSACHUSETTS PROVIDES COMPREHENSIVE INFORMATION AND QUALITY SERVICES SO THAT OLDER PEOPLE, INDIVIDUALS WITH DISABILITIES, AND THEIR FAMILIES ARE EMPOWERED TO MAKE PERSONALIZED CHOICES TO ENSURE A LIFE OF DIGNITY, SAFETY AND RESPECT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $20,969,218
Program Service Revenue $8,435,861
Investment Income $463,434
Other Revenue $7,625
TOTAL REVENUE $29,876,138

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,507,260
Fundraising Expenses $0
Program Expenses $25,944,475
Other Expenses $19,071,200
TOTAL EXPENSES $27,578,460

Year-over-Year Comparison

2024 2023 Change
Revenue $29,876,138 $26,948,617 +0.1%
Expenses $27,578,460 $26,147,532 +0.1%
Net Income $2,297,678 $801,085 +1.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
144
Volunteers
28

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
$367,327
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LORI RICHARDSON CEO 35.00
Officer
$159,566 $45,596 $205,162
KIMBERLY SANDERSON CFO 35.00
Officer
$138,248 $23,917 $162,165
BRAYAN ALEMAN CHRO 35.00
Highest
$134,295 $11,073 $145,368
JANICE DALEY COO 35.00
Highest
$134,347 $8,736 $143,083
TABITHA REID CQIO 35.00
Highest
$109,215 $12,065 $121,280
SHARON BERNARD DIRECTOR 1.00
Director
$0 $0 $0
ELLEN BIRCHANDER VICE PRESIDE 1.00
Officer Director
$0 $0 $0
CHRISTINE DIXON CLERK 1.00
Officer Director
$0 $0 $0
MICHAEL ELLIS DIRECTOR 1.00
Director
$0 $0 $0
JULIE JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
PETER MACDONALD TREASURER 1.00
Officer Director
$0 $0 $0
MARY MATHIEU DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM MCSHEEHY PRESIDENT 1.00
Officer Director
$0 $0 $0
DONALD PARKER DIRECTOR 1.00
Director
$0 $0 $0
ELIZABETH WALSH DIRECTOR 1.00
Director
$0 $0 $0
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
2025 $29,876,138 $27,578,460 $20,709,580 $2,297,678
2024 No data No data No data No data
2023 $22,291,623 $21,852,438 $17,400,815 $439,185
2022 $21,546,564 $20,502,818 $14,862,389 $1,043,746
2021 $19,675,001 $18,835,413 $14,624,606 $839,588
2020 $20,178,690 $19,452,558 $13,170,146 $726,132
2019 $19,865,423 $19,424,718 $11,680,276 $440,705
2018 $19,664,198 $19,275,561 $10,722,073 $388,637
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