Agespan Inc
94% goes to programs $0 to raise $100 Growing revenue
Agespan Inc is a 501(c)(3) organization based in Lawrence, Massachusetts, registered in 1975, with $133,795,983 in FY2023 revenue. CharityIndex grades it A+, and it directs about 94% of spending to programs.
280 Merrimack St Ste 400, Lawrence, MA, 01843 EIN 04-2545136 Since 1975
Revenue (FY2023)
$133.8M
▲ 17.1% vs prior year
Human Services median: $293K
Expenses (FY2023)
$128.1M
Net assets
$36.2M
Employees
590
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating94% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Agespan Inc: 94% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating3 mo reserves · +4% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Agespan Inc: 3 mo reserves · +4% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Agespan Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Agespan Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Our vision: a future where everyone can choose to live and age well, in communities that support them.
What they do
Choices: the community choice program allows older adults who are on masshealth to receive expanded care at home, which can delay or prevent imminent placement in a long-term care facility. eligibility for the community choice program is based on the following criteria - age 60 or older; approved for masshealth standard benefits; meet the clinical criteria for enrollment in the home and community based services (hcbs) waiver; be at imminent risk of nursing home placement because of serious health conditions and/or the inability to manage daily care. a care manager and nurse from agespan will conduct a needs assessment to determine eligibility. they will then work with the consumer and his/her family members to determine a plan of care, coordinate all services received by the consumer, conduct reassessment visits, and offer ongoing care management.
Ecop: the enhanced community options program (ecop) is designed to serve frail elders living in the community who are at risk of nursing home placement due to functional or cognitive impairment. to qualify, the person must be 60 or older, and those under age 60 may be eligible with a documentation of alzheimer's disease or a related dementia; meet clinical eligibility requirements for nursing facility placement; and require home care services greater than two times those available through the general state home care program. a care manager and nurse from agespan will conduct a needs assessment to determine eligibility. they will then work with the elder and his/her family members to determine a plan of care, coordinate all services received by this individual, conduct reassessment visits and offer ongoing care management.
Other programs include providing protective services, nutrition & meals services, caregiver support, information & referral, medicare resources, housing support, behavior health, financial resources and health equity access.
Contact & location
- Address
- 280 Merrimack St Ste 400, Lawrence, MA, 01843
- City
- Lawrence
- State
- Massachusetts
- Category
- Human Services
- Subcategory
- Services for Specific Populations
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $53.8M (FY2013) to $133.8M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $29.3MNet assets $36.2M
Operating margin
4.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$65.5M
Total liabilities
$29.3M
Net assets
$36.2M
Salaries & benefits
$39.1M
31% of expenses
Board members
14
14 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $133,795,983▲17.1% | $128,072,069▲13.8% | $36,211,960▲19.5% | $65,469,445▲25.1% | 990 |
| 2022 | $114,281,456▲5.9% | $112,560,025▲11.4% | $30,302,822▲6.3% | $52,325,158▲12.5% | 990 |
| 2021 | $107,934,032▲10.7% | $101,015,725▲8.7% | $28,499,238▲31.1% | $46,498,915▲12.6% | 990 |
| 2020 | $97,466,570▼0.5% | $92,952,643▼4.7% | $21,736,043▲26.8% | $41,301,216▲13.0% | 990 |
| 2019 | $97,910,163▲29.5% | $97,515,145▲34.4% | $17,145,218▲8.5% | $36,540,350▲30.6% | 990 |
| 2018 | $75,585,513▲9.1% | $72,552,406▲7.7% | $15,795,379▲23.4% | $27,985,717▲15.6% | 990 |
| 2017 | $69,258,005▲8.0% | $67,380,167▲7.4% | $12,796,693▲17.4% | $24,213,366▲20.3% | 990 |
| 2016 | $64,142,075▲6.2% | $62,744,669▲5.5% | $10,897,643▲15.1% | $20,125,063▲13.7% | 990 |
| 2015 | $60,392,540▲4.7% | $59,493,258▲3.8% | $9,465,221▲10.7% | $17,692,697▲4.8% | 990 |
| 2014 | $57,660,214▲7.2% | $57,317,943▲8.1% | $8,554,094▲3.6% | $16,881,976▲24.4% | 990 |
| 2013 | $53,769,069 | $53,007,970▲16.7% | $8,255,007▲10.9% | $13,570,175▲4.3% | 990 |
| 2012 | — | $45,420,091▲9.2% | $7,442,673▲31.0% | $13,012,193▲33.7% | 990 |
| 2011 | — | $41,601,061▲11.9% | $5,679,322▼12.4% | $9,730,797▼4.2% | 990 |
| 2010 | — | $37,187,907 | $6,480,033 | $10,156,379 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Joan F Hatem-roy — $287,852 (0.22% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Joan F Hatem-roy | Chief Executive Officer | 37.5 | $287,852 |
| Tammy A O'donnell | Chief Financial Officer | 37.5 | $218,286 |
| Christine M Tardiff | Chief Operating Officer/vp | 37.5 | $214,603 |
| Jennifer R Raymond | Chief Strategy Officer | 37.5 | $184,824 |
| Deborah R Crooke | Chief Information Officer | 37.5 | $169,367 |
| Shelly Desimone | Chief Hr Officer | 37.5 | $167,879 |
| Anna Bellows | General Counsel | 37.5 | $156,739 |
| Alex Perez | Director End 11/23 | 1 | — |
| Andrea Sullivan | Director | 1 | — |
| Charlene Muscato | Director | 1 | — |
| Colleen Ranshaw-fiorello | Clerk | 1 | — |
| Gary Lee | Director | 1 | — |
| Grace Ann Steed | Director | 1 | — |
| Jean Bushnell | Director | 1 | — |
| Joseph Berardino | Director | 1 | — |
| Martha Velez | Director | 1 | — |
| Maurice E Balboni | Director | 1 | — |
| Michael Rurak | President | 1 | — |
| Pamela Blaquiere | Director | 1 | — |
| Robert Holloway Jr | Director | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Multicultural Homecare Inc | Sub-contract Services To Elders | $13,341,504 |
| Associated Home Care LLC | Sub-contract Services To Elders | $10,030,846 |
| Tempus Unlimited Inc | Sub-contract Services To Elders | $5,507,865 |
| Right At Home-haverhill | Sub-contract Services To Elders | $3,844,476 |
| Greater Boston Patient Care LLC | Sub-contract Services To Elders | $2,401,711 |
Grants received · $659K total
16 grants to Agespan Inc totaling $659K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| AARP | General support | 2024 | $8,500 |
| Meals On Wheels America | Project support | 2023 | $13,000 |
| Meals On Wheels America | Project support | 2023 | $13,000 |
| Meals On Wheels America | Project support | 2022 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $11,750 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $11,750 |
| Meals On Wheels America | Project support and other services | 2021 | $10,000 |
| Meals On Wheels America | Project support and other services | 2020 | $105,000 |
| Fallon Community Health Plan Inc | General support | 2020 | $11,000 |
| Health Resources In Action Inc | Statewide chi fund | 2019 | $14,853 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $12,100 |
| AARP | Grant to support aarp's livable communities initiative | 2018 | $50,000 |
| AARP Foundation | Grant to support aarp foundation's food security program. | 2017 | $370,807 |
| United Way of Greater Houston | Senior independence | 2017 | $6,389 |
| Tufts Associated Health Maintenance Organization Inc | Golf classic & annual gala dinner | 2016 | $5,500 |
Grants made · $402K in FY2023
10 grants totaling $402K in FY2023. All grants made by Agespan Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Northeast Legal Aid Inc | Legal aid | $296,120 |
| Ruths House Inc | Coat program /job training | $23,750 |
| Middleton Council On Aging | Outreach/case management services | $15,648 |
| Peabody Coa | Transportation | $11,799 |
| Salem Coa | Transportation | $11,588 |
| Lawrence Council On Aging | Empower seniors | $10,477 |
| Emmaus Inc | Shelter services | $10,050 |
| Marblehead Coa | Senior medical transportation | $8,750 |
| New England Homes For the Deaf Inc | American sign language accessibility | $7,468 |
| Massachusetts Alliance of Portuguese Speakers Inc | Immigrant & elder integration | $6,225 |
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Compare Agespan Inc
Frequently asked questions
- Is Agespan Inc a legitimate nonprofit?
- Yes. Agespan Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-2545136, based in Lawrence, Massachusetts. Donations are tax-deductible.
- What is Agespan Inc's EIN?
- Agespan Inc's Employer Identification Number (EIN) is 04-2545136.
- How much revenue does Agespan Inc report?
- Agespan Inc reported $133,795,983 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Agespan Inc's spending goes to programs?
- Agespan Inc spends about 94% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Agespan Inc have?
- CharityIndex grades Agespan Inc A+, based on program efficiency and fundraising cost.
- How much does Agespan Inc's highest-paid employee make?
- The highest reported compensation on Agespan Inc's latest Form 990 is $287,852, paid to Joan F Hatem-roy (Chief Executive Officer).
More nonprofits in Lawrence
Explore more
Data for Agespan Inc (EIN 04-2545136) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.