Hebrew SeniorLife

What it reported doing in 2024

Independent living when moving to newbridge on the charles, inc. (nboc) residents enjoy the freedom from home ownership, the convenience of services and amenitites, and the flexibility to enjoy a wide range of activities. Perhaps the biggest benefit is peace of mind that comes with knowing they have a full spectrum of health care services and living accomodations as their needs change over time. This continuum of care extends from independent living to assisted living, to skilled rehabilitative and long-term nursing care, all in one community. A medical practice as well as home health care center is available on the campus. In our health care center, care is provided from an interdisciplinary team of specialists from hebrew rehabilitation center (hrc)/hebrew seniorlife, inc. (hsl) an internationally recognized leader in geriatric research, training and education. This team includes geriatricians/physicians, geriatric nurse practitioners, rehabilitation specialists, social workers, and certified nurse assistants, working together to ensure an individual's care plan is comprehensive and seamless. At newbridge on the charles (nboc), it's all about building a lifestyle that best suits your preferences and needs. For example, if one spouse requires assistance with daily living while the other is independent, or, if both want to live independently but need specialized care or support, nboc offers home health care services and specialty outpatient clinics. Residents also have options when it comes to recuperative services in short or longterm care. We offer residents priority and flexibility in helping them make decisions when they are faced with medical care issues. Nboc is a community designed for independent living, offering flexibility to residents who enjoy scheduling their own daily activities while knowing they can be spontaneous at any given moment. We continually offer new programs, workshops, and events as part of our commitment to lifelong learning. Our philosophy of life-long learning goes hand in hand with our approach of providing a continuum of wellness, addressing the "whole person, and integrating the physical, emotional, and spiritual dimensions of aging. The cottage community at nboc is designed for older adults who value an active, independent lifestyle. Life in the cottages offers a combination of private home living and close proximity to nboc's selection of programs, amenities, and activities. Cottage residents can select from three home models, each offering different finishes and floor plan choices. Homes range from 1,475 to 2,700 square feet. Some include a lower level, a loft, or both increasing the living space up to 3,200 square feet. Homes also feature a private one or two-car garage. Situated in a quiet, private setting, the villas at nboc are conveniently accessible to the community center by an underground walkway or through the courtyard garden. The spacious interiors offer high ceilings, exceptional amenities, large windows, and underground parking. The two-bedroom villas, which are more intimate versions of our apartments, range in size from 1,589 to 1,800 square feet. Each villa is a corner residence to allow for plenty of light, with each home served by an elevator located in a lobby in the center of the building. For optimal convenience, the nboc apartments are located within the carl j. And ruth shapiro community center and two adjacent buildings. These homes offer cozy and innovative floor plans ranging in size from nearly 1,000 to just over 2,000 square feet. They feature gourmet kitchens, nine-foot ceilings, and expansive windows providing exceptional views of the meadows, gardens and courtyards. All apartments have access to underground parking spaces, and spacious storage lockers. While other features include screenedin porches, fireplaces, and a great room.

Financial Efficiency

• Mission deployment rate: 81.5%; rating input score 81
• Program expense ratio: 79.7%; rating input score 80
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 93.3%; rating input score 93; 21st 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; 11th 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: -1.5%; rating input score 21; 21st percentile among comparable filings
• Total-asset coverage ratio: 4.29; rating input score 83; 83rd percentile among comparable filings
• Liabilities to assets ratio: 1.81; rating input score 2; 2nd percentile among comparable filings
• Officer compensation ratio: 3.8%; rating input score 28; 28th percentile among comparable filings

Growth

• Program expense growth: 0% per year; rating input score 100; 8th percentile among comparable filings
• Revenue growth: 3.5% per year; rating input score 100; 28th percentile among comparable filings
• Asset growth: -3.6% per year; rating input score 0; 3rd percentile among comparable filings