The Hellenic Women's Benevolent Association Inc

Nonprofit profile at a glance

EIN
237105421
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Canton, MA, USA
Phone
7818287450
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Nursing, Convalescent Facilities

Official website

Reported finances

Revenue
$12,610,724
Expenses
$14,146,622
Assets
$9,608,510
Liabilities
$3,113,164

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

18 people listed

Executive titles in this filing

  • TINA PAPADOPOULOS (PRESIDENT (LEFT 6/1/24))
  • SOPHIA PASEDIS (PRESIDENT)
  • JOANNA HOPKINS (IMMEDIATE PAST PRESIDENT (LEFT 12/24))
  • RENA GYFTOPOULOS (VICE PRESIDENT)

Highest reported compensation

  • DANIELLE DELINCE (HEALTH ADMINISTRATOR): $159,750 total reported compensation
  • MARLY MERLAIN (DIRECTOR OF NURSES): $123,255 total reported compensation
  • FARAH ROLLES (QUALITY ASSURANCE): $114,987 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The hellenic women's benevolent association's mission is to sponsor and oversee the hellenic nursing and rehabilitation center; engage and commit itself to fund-raising activities which serve to promote and enhance the quality of life of the residents entrusted in its care. The mission of the hellenic nursing home and rehabilitation center is to provide resident focused comprehensive health care services to individuals requiring restorative, skilled nursing care and long term care within a safe, secure and caring invironment. In addition we aim to maximize the capabilities in physical, social, and psychological well being for each resident entrusted to our care.

What it reported doing in 2024

The hellenic nursing and rehabilitation center is a 154-bed, non-profit, facility owned and operated by the hellenic women's benevolent association. The hellenic offers both private and semi-private rooms. Hellenic's goal is providing quality of life for our residents. The nursing home is managed by mamary inc. Located in pembroke, ma.

Operating model

Revenue model
Earned-program. 99% of the money available for current operations came from fees and other program 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 74
  • Accountability: 95
  • Sustainability: 23
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95.7%; rating input score 96
  • Program expense ratio: 85.4%; rating input score 85
  • Fundraising efficiency: $1.54 raised per $1 spent on fundraising; rating input score 4; 4th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -12.2%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 0.68; rating input score 23; 23rd percentile among comparable filings
  • Liabilities to assets ratio: 0.32; rating input score 44; 44th percentile among comparable filings
  • Officer compensation ratio: 3.5%; rating input score 64; 64th percentile among comparable filings

Growth

  • Program expense growth: 0.5% per year; rating input score 100; 12th percentile among comparable filings
  • Revenue growth: 1.1% per year; rating input score 100; 13th percentile among comparable filings
  • Asset growth: 0.7% per year; rating input score 100; 12th percentile among comparable filings

Details

  • Where the money goes: 95.7% of revenue deployed · 85.4% of spending went to programs
  • Governance: 8 of 8 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $12.1M in reported program spending
  • Leadership: top reported pay $160K · 18 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $870K reported
  • Consistency: 34 of 34 current checks pass
  • Schedules: 5 filed schedules · includes major donors and executive pay
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • 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 — Financial Efficiency: Fundraising efficiency scored 4/100.
  • High — Sustainability: Operating margin scored 8/100.
  • High — Sustainability: Total-asset coverage ratio scored 23/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • Moderate — Sustainability: Liabilities to assets ratio scored 44/100.