Central Boston Elder Services Inc
95% goes to programs $0 to raise $100 Growing revenue
Central Boston Elder Services Inc is a 501(c)(3) organization based in Boston, Massachusetts, registered in 1974, with $100,244,192 in FY2023 revenue. CharityIndex grades it A+, and it directs about 95% of spending to programs.
2315 Washington St, Boston, MA, 02119 EIN 04-2546441 Since 1974
Revenue (FY2023)
$100.2M
▲ 15.4% vs prior year
Human Services median: $293K
Expenses (FY2023)
$99.9M
Net assets
$25.5M
Employees
191
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 rating95% 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 Central Boston Elder Services Inc: 95% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating3 mo reserves · +0% 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 Central Boston Elder Services Inc: 3 mo reserves · +0% 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 Central Boston Elder Services 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 Central Boston Elder Services Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To provide home care services, referrals and advocacy to the elderly population located in the boston area.
What they do
Community choices - provides services to medicaid eligible elders for the purpose of preventing nursing home placements.
Senior care options - provides case management services and purchased services to sco clients on a fee for service basis or on a unit basis.
Other programs - other programs include but are not limited to the enhanced community options program, clinical assessment and eligibility program, protective services program and other corporate initiatives. all of these programs are designed to provide vital services to the elderly population in the boston area.
Contact & location
- Address
- 2315 Washington St, Boston, MA, 02119
- City
- Boston
- State
- Massachusetts
- Category
- Human Services
- Subcategory
- Services for Specific Populations
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $45.7M (FY2013) to $100.2M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $16.7MNet assets $25.5M
Operating margin
0.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$42.2M
Total liabilities
$16.7M
Net assets
$25.5M
Salaries & benefits
$17.0M
17% of expenses
Board members
10
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $100,244,192▲15.4% | $99,911,425▲15.3% | $25,457,139▲1.8% | $42,164,509▲4.3% | 990 |
| 2022 | $86,879,694▲10.6% | $86,672,564▲11.9% | $25,012,587▲0.6% | $40,431,608▲5.1% | 990 |
| 2021 | $78,568,134▲10.1% | $77,451,871▲15.0% | $24,860,571▲2.5% | $38,452,773▲6.6% | 990 |
| 2020 | $71,391,953▲3.7% | $67,355,933▼1.8% | $24,259,384▲20.0% | $36,084,793▲7.9% | 990 |
| 2019 | $68,813,916▲2.0% | $68,567,013▲1.5% | $20,223,364▲1.2% | $33,450,927▲9.3% | 990 |
| 2018 | $67,442,633▲8.6% | $67,550,571▲9.0% | $19,978,847▼0.9% | $30,594,818▲2.7% | 990 |
| 2017 | $62,077,925▲6.2% | $62,000,124▲6.2% | $20,162,032▲0.2% | $29,797,627▲3.2% | 990 |
| 2016 | $58,472,994▲11.5% | $58,377,384▲11.5% | $20,128,706▼0.1% | $28,865,887▲1.1% | 990 |
| 2015 | $52,421,997▲8.6% | $52,354,566▲10.5% | $20,142,163▼2.4% | $28,553,171▲2.3% | 990 |
| 2014 | $48,265,237▲5.6% | $47,364,520▲2.3% | $20,644,151▲2.8% | $27,899,600▼4.4% | 990 |
| 2013 | $45,713,008 | $46,313,568▲7.4% | $20,088,674▼2.7% | $29,180,430▲2.4% | 990 |
| 2012 | — | $43,117,211▲0.9% | $20,641,548▲3.9% | $28,487,880▲1.8% | 990 |
| 2011 | — | $42,736,766 | $19,866,795 | $27,991,409 | 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: Sylvia Exantus — $279,712 (0.28% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Sylvia Exantus | Executive Director | 40 | $279,712 |
| Doreen Lindsay | Chief Hr Officer | 40 | $154,668 |
| Mila Latino | Director of Ltss | 40 | $153,677 |
| Fernando Joves | Chief Financial Officer | 40 | $144,940 |
| Mark Pashoian | Controller | 40 | $128,096 |
| Angela M Chase | Director | 1 | — |
| Beverly A Gray | Director | 1 | — |
| Mary Ky Lee | Director | 1 | — |
| Michelle B La Pointe | Clerk | 1 | — |
| Monika Wahi | Director | 1 | — |
| Pearline Williamson | Director | 1 | — |
| Rimma Zelfand | Director | 1 | — |
| Ronald Pierre-louis | Treasurer | 1 | — |
| Royal Bolling Jr | President | 1 | — |
| Selwyn M Eccles | Vice President | 1 | — |
Top vendors & contractors (FY2021)
| Contractor | Services | Paid |
|---|---|---|
| Premier Mechanical LLC | Contracting | $287,334 |
Grants received · $213K total
3 grants to Central Boston Elder Services Inc totaling $213K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2022 | $7,500 |
| Boston Medical Center Corporation | Subaward | 2019 | $87,474 |
| Boston Medical Center Corporation | Subaward | 2018 | $117,724 |
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Frequently asked questions
- Is Central Boston Elder Services Inc a legitimate nonprofit?
- Yes. Central Boston Elder Services Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-2546441, based in Boston, Massachusetts. Donations are tax-deductible.
- What is Central Boston Elder Services Inc's EIN?
- Central Boston Elder Services Inc's Employer Identification Number (EIN) is 04-2546441.
- How much revenue does Central Boston Elder Services Inc report?
- Central Boston Elder Services Inc reported $100,244,192 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Central Boston Elder Services Inc's spending goes to programs?
- Central Boston Elder Services Inc spends about 95% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Central Boston Elder Services Inc have?
- CharityIndex grades Central Boston Elder Services Inc A+, based on program efficiency and fundraising cost.
- How much does Central Boston Elder Services Inc's highest-paid employee make?
- The highest reported compensation on Central Boston Elder Services Inc's latest Form 990 is $279,712, paid to Sylvia Exantus (Executive Director).
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Data for Central Boston Elder Services Inc (EIN 04-2546441) 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.