Why Newbridge on the Charles
FY2024 · Form 990Its mission and biggest programs, as filedProvides seniors with independent living and continuing care to enrich their lives.
- 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…$22.9M spent in FY2024
- Recuperative services unit/snf hrc at nboc, located in the gloria adelson field health center, is a pioneering state-of-the art geriatric health care center that offers comprehensive short-term rehabilitative services, long-term care, and a memory care unit. Building on hewbrew seniorlife's…$14.2M spent in FY2024
- Assisted living the traditional assisted living program at nboc is a key component of our continuing care retirement community (ccrc) providing the opportunity for those who wish to live in a supportive community or for current independent living residents to…$11.8M spent in FY2024
Before you apply
FY2023 · Form 990Independent: from IRS data, not the orgLast facilities manager made
$149,828
Form 990, 2024
Fine: from the org's Form 990.
Pt VII · Sec A
Pays its leaders
$121K–$258K
7 officers reported
Fine: from the org's Form 990.
Pt VII · Sec A
Budget
$66.6M
spent in FY2023
Fine: from the org's Form 990.
Pt I · Ln 18
Staff
396
employees
70 volunteers
Fine: from the org's Form 990.
Pt I · Ln 5–6
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Surplus or deficit
−8%
of revenue, FY2023
Concern: revenue was below expenses in the latest filing.
Pt I · Ln 19
Cash reserves
<1 mo
of spending, in cash and securities
Concern: -39.7 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file
IRS status
501(c)(3)
tax-exempt since 2005
Looks good: listed by the IRS.
IRS BMF
Looks goodFineWorth a lookConcernTap a box for the reason.
About Newbridge on the Charles
From its Form 990- Budget $61.4M · Human Services
- Staff 396 · founded 2004
- Pays its leaders $121K–$258K (7 reported)
- Open jobs 150 · Jobs at Newbridge on the Charles · Full 990 report