Hrca Senior Housing Inc
Nonprofit profile at a glance
- EIN
- 042765428
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Boston, MA, USA
- Phone
- 6173258000
- Rating
- 56
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Supportive Housing for Older Adults
Reported finances
- Revenue
- $553,550
- Expenses
- $553,615
- Assets
- $503,837
- Liabilities
- $106,227
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
20 people listed
Executive titles in this filing
- ADAM SCOTT (CEO (EFFECTIVE 06/2025))
- LOUIS J WOOLF (PRESIDENT AND CEO (THRU 7/2023, RETURNED 5/2024 TO 6/2025))
- JESSICA COLEMAN (EXECUTIVE DIRECTOR - FIREMAN (EFFECTIVE 3/17/25))
- KIMBERLY J BROOKS (EXECUTIVE VICE PRESIDENT, SENIOR LIVING)
- RACHEL LERNER ESQUIRE (CHIEF LEGAL OFFICER, EXECUTIVE DIRECTOR OF CP)
- STEPHANIE SMALL (EXECUTIVE DIRECTOR - FIREMAN/R3 (THRU 3/17/25))
Highest reported compensation
- LOUIS J WOOLF (PRESIDENT AND CEO (THRU 7/2023, RETURNED 5/2024 TO 6/2025)): $1,170,292 total reported compensation
- STEVEN LANDERS (PRESIDENT AND CEO (7/2023 - 5/2024)): $1,092,867 total reported compensation
- KATELYN QUYNN (CHIEF DEV OFF & VP BOARD REL): $733,570 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See schedule o.
Operating model
- Revenue model
- Other-operating. 100% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - A large share of available resources goes toward mission work and most filed governance safeguards are in place. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and a relatively small share of voting board members are independent.
Rating breakdown
- Financial Efficiency: 62
- Transparency & Controls: 59
- Accountability: 60
- Sustainability: 32
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 70%; rating input score 70
- Program expense ratio: 70%; rating input score 70
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 16th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 40%; rating input score 40; 10th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -0%; rating input score 35; 35th percentile among comparable filings
- Total-asset coverage ratio: 0.91; rating input score 40; 40th percentile among comparable filings
- Liabilities to assets ratio: 0.21; rating input score 31; 31st percentile among comparable filings
- Officer compensation ratio: 182%; rating input score 0; 0th percentile among comparable filings
Growth
- Program expense growth: -11.4% per year; rating input score 0; 4th percentile among comparable filings
- Revenue growth: -6.1% per year; rating input score 0; 4th percentile among comparable filings
- Asset growth: -12.7% per year; rating input score 0; 3rd percentile among comparable filings
Details
- Where the money goes: 70% of revenue deployed · 70% of spending went to programs
- Governance: 2 of 5 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $387K in reported program spending
- Leadership: top reported pay $1.2M · 20 people listed · 0 of 6 pay-setting controls reported
- Consistency: 19 of 20 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Related organizations: 16 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Moderate — Accountability: Independent voting board scored 40/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 35/100.
- High — Growth: Asset growth scored 0/100.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- Review — Accountability: Governance controls: CEO compensation review process not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
- High — Sustainability: Officer compensation ratio scored 0/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 31/100.