NORWALK, CT
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Sign In — Free (10 views/day)ELDERHOUSE INC, founded in 1978, is a community nonprofit in the Human Services sector that reported $1.6M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $263K, a strong 17% operating margin.
ELDERHOUSE PROMOTES THE HEALTH AND WELLBEING OF AGING ADULTS THROUGH A HOLISTIC MEDICAL MODEL ADULT DAY PROGRAM LED BY A PASSIONATE TEAM OF THERAPEUTIC RECREATION PROFESSIONALS, HEALTH AIDES, AND NURSES SPECIALLY TRAINED TO SUPPORT THE UNIQUE NEEDS OF EACH INDIVIDUAL. AT THE CENTER, WE FOSTER AN ENVIRONMENT OF INCLUSIVITY AND ENRICHMENT THROUGH ACTIVITIES CENTERED ON CELEBRATING PERSONAL SUCCESSES. WE ENSURE SAFETY THROUGH PERSONAL ATTENTION AND DEPENDABLE DOOR-TO-DOOR TRANSPORTATION. WE BUILD TRUST WITH FAMILIES, OFFERING CAREGIVERS RESPITE FROM CAREGIVING DUTIES AND PEACE OF MIND KNOWING THEIR LOVED ONES ARE IN OUR CARE.
ADULT DAY SERVICES: ELDERHOUSE ADULT DAY CENTER IS A STATE CERTIFIED MEDICAL AND SOCIAL MODEL ADULT DAY CENTER. OUR FOCUS IS TO PROVIDE CARE FOR OLDER ADULTS WITH COGNITIVE AND OR MEDICAL CONDITIONS...
ADULT DAY SERVICES: ELDERHOUSE ADULT DAY CENTER IS A STATE CERTIFIED MEDICAL AND SOCIAL MODEL ADULT DAY CENTER. OUR FOCUS IS TO PROVIDE CARE FOR OLDER ADULTS WITH COGNITIVE AND OR MEDICAL CONDITIONS THAT REQUIRE SUPERVISION AND PERSONAL CARE. OLDER ADULTS ARE PROVIDED DOOR-TO-DOOR TRANSPORTATION TO AND FROM ELDERHOUSE WHERE THEY BENEFIT FROM: DAILY MEDICAL MONITORING BY A REGISTERED NURSE; PERSONAL CARE BY CERTIFIED HEALTH AIDES; THERAPEUTIC RECREATION, MUSICAL PROGRAMS, AND MEMORY ENHANCEMENT ACTIVITIES; AS WELL AS SOCIAL AND COMMUNITY ENGAGEMENT. IN TURN, FAMILY CAREGIVERS BENEFIT FROM HOURS OF RELIABLE RESPITE, CAREGIVER COUNSELING AND GROUP SUPPORT. THE COMBINATION OF A HIGHLY EFFECTIVE CARE ENVIRONMENT FOR OLDER ADULTS AND RESPITE FOR CAREGIVERS, LEADS TO A HIGHER QUALITY OF LIFE FOR BOTH. THE CARE AT ELDERHOUSE ACHIEVES 3 MAJOR OBJECTIVES:(1) SUPPORT OLDER ADULTS TO REMAIN IN THEIR OWN HOMES,(2) TO REDUCE THE RATE OF EMERGENCY ROOM VISITS AND HOSPITAL READMISSIONS, AND(3) TO IMPROVE THE QUALITY OF LIFE OUR ADULTS THROUGH SOCIAL CONNECTION.
ADULT FAMILY LIVING SERVICES: ELDERHOUSE HAS PROVIDED SUPPORT TO CAREGIVERS FOR MORE THAN 40 YEARS. WE RECOGNIZE THAT LOVING CARE STARTS IN THE HOME AND IS ESSENTIAL TO THE WELL-BEING OF OLDER...
ADULT FAMILY LIVING SERVICES: ELDERHOUSE HAS PROVIDED SUPPORT TO CAREGIVERS FOR MORE THAN 40 YEARS. WE RECOGNIZE THAT LOVING CARE STARTS IN THE HOME AND IS ESSENTIAL TO THE WELL-BEING OF OLDER SENIORS. TO SERVE THE GROWING NUMBER OF INDIVIDUALS TAKING ON THE ROLE OF CAREGIVING IN THEIR OWN HOME, ELDERHOUSE IS AN ACCREDITED PROVIDER OF ADULT FAMILY LIVING SERVICES. CAREGIVERS RECEIVE PROFESSIONAL SUPPORT ON MANAGING DAILY TASKS AND A MONTHLY TAX-FREE STIPEND. THIS MONTHLY PAYMENT COMPENSATES FAMILY MEMBERS FOR THE CARE AND ASSISTANCE THEY PROVIDE TO THEIR LOVED ONES. THIS PROGRAM IS FOR MEDICAID ELIGIBLE CLIENTS.CAREGIVER SUPPORT: SUPPORT GROUPS, INDIVIDUAL SUPPORTIVE COUNSELING AND INFORMATION AND REFERRAL TO ASSIST CAREGIVERS. AVAILABLE FREE TO ALL.
ADULT DAY AT HOME: HOME DELIVERED MEALS AND SUPPORTFIRST BEGAN DURING THE PANDEMIC BUT REMAINS AVAILABLE TO THOSE UNABLE TO ATTEND IN PERSON DAYCARE. MEAL DELIVERY COMBINED WITH DAILY PHONE CONTACT...
ADULT DAY AT HOME: HOME DELIVERED MEALS AND SUPPORTFIRST BEGAN DURING THE PANDEMIC BUT REMAINS AVAILABLE TO THOSE UNABLE TO ATTEND IN PERSON DAYCARE. MEAL DELIVERY COMBINED WITH DAILY PHONE CONTACT OFFERS ISOLATED QUALIFIED OLDER ADULTS, TWO NUTRITIONALLY BALANCED MEALS PLUS A WELLNESS CALL EACH DAY. THE MEALS MEET ALL USDA GUIDELINES, ACCOMMODATE DIETARY RESTRICTIONS AND ARE DELIVERED FREE OF COST. THIS PROGRAM CONTINUES TODAY ACHIEVING SUCCESS IN FOSTERING BETTER HEALTH OUTCOMES AND REDUCING STRESS FOR CAREGIVERS.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,551,389 | $1,369,599 | +0.1% |
| Expenses | $1,288,814 | $1,246,181 | +0.0% |
| Net Income | $262,575 | $123,418 | +1.1% |
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 |
|---|---|---|---|---|---|---|
| CHARLES F CARROLL ESQ | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| PAUL GARAVEL | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| COLIN J KELLY | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ELLEN WILIS | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DIANE ALLISON ESQ | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| EILEEN T CAHILL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ANDREA COREAU | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SUSAN DOYLE | DIRECTOR AS OF 5/25 | 1.00 |
Director
|
$0 | $0 | $0 |
| MARC GRENIER ESQ | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JENNIFER KELLY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| COLETTE LESPERANCE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LAURA ROBERTS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| PATRICIA A ROSEN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| RICHARD TAVELLA | DIRECTOR | 1.00 |
Director
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$0 | $0 | $0 |
| MINDY WOLKSTEIN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JULIA SCHWARTZ-LEEPER | EXECUTIVE DIRECTOR | 37.50 |
Officer
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$134,250 | $8,256 | $142,506 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,551,389 | $1,288,814 | $2,637,237 | $262,575 |
| 2024 | $1,369,599 | $1,246,181 | $2,334,826 | $123,418 |
| 2023 | $1,018,066 | $1,138,827 | $2,160,519 | $-120,761 |
| 2022 | $1,350,508 | $1,068,905 | $2,240,450 | $281,603 |
| 2021 | $1,079,040 | $952,732 | $2,181,618 | $126,308 |
| 2020 | $945,543 | $1,066,884 | $1,982,281 | $-121,341 |
| 2019 | $1,041,092 | $1,126,470 | $1,929,133 | $-85,378 |
| 2018 | $1,020,108 | $1,114,990 | $2,016,566 | $-94,882 |
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