2025-11-17T10:59:29-06:00 2024-12-31 263753134 CBIZ ADVISORS LLC 53 STATE STREET 17TH FLOOR BOSTON MA 02109 990 2024-01-01 042104314 HOME FOR AGED WOMEN INC HOME 6177318500 165 CHESTNUT STREET BROOKLINE MA 02445 CANDACE CRAMER PRESIDENT AND CEO 6177318500 2025-11-14 1 1 CRAIG KLEIN P00734640 6178075000 2024 2025-03-06 01:10:19Z SEE SCHEDULE O CANDACE CRAMER 165 CHESTNUT STREET BROOKLINE MA 02445 16974771 0 X WWW.GODDARDHOUSE.ORG X 1849 MA GODDARD HOUSE EMBRACES THE AGING EXPERIENCE FOR SENIORS LIVING IN THE BOSTON AREA BY OPERATING A HIGH-QUALITY ASSISTED LIVING COMMUNITY AND BY CREATING INNOVATIVE PROGRAMS WHICH SUPPORT OUR NEED FOR PURPOSE, ENGAGEMENT, AUTONOMY, AND CHOICE AS WE AGE. 16 15 167 17 1640 640 224920 436408 10246439 10786918 3359628 5114552 533875 636893 14364862 16974771 413740 1120320 0 0 5896507 6450362 0 0 65550 4019121 4155067 10329368 11725749 4035494 5249022 71258455 78850016 2106551 2767185 69151904 76082831 GODDARD HOUSE EMBRACES THE AGING EXPERIENCE FOR SENIORS LIVING IN THE BOSTON AREA BY OPERATING A HIGH-QUALITY ASSISTED LIVING COMMUNITY AND BY CREATING INNOVATIVE PROGRAMS WHICH SUPPORT OUR NEED FOR PURPOSE, ENGAGEMENT, AUTONOMY, AND CHOICE AS WE AGE. 0 0 8844875 1120320 11423811 GODDARD HOUSE IN BROOKLINE IS AN ASSISTED LIVING FACILITY WHERE SENIORS FIND THE SERVICES AND SECURITY THEY NEED WITHOUT GIVING UP THE TRADITIONS AND INDEPENDENCE THEY CHERISH. THE ASSISTED LIVING FACILITY CREATES AN ENVIRONMENT WHERE RESIDENTS MAINTAIN THEIR DIGNITY, PRIDE AND INDIVIDUALITY. THE ASSISTED LIVING FACILITY OFFERS 115 BEAUTIFULLY DESIGNED STUDIOS AND ONE AND TWO-BEDROOM APARTMENTS. THESE INCLUDE THE "OLMSTED PLACE" MEMORY-IMPAIRMENT PROGRAM WHICH HAS 44 APARTMENTS. IN 2024, 15% OF THE UNITS OF THE ASSISTED LIVING ARE DEVOTED TO OCCUPANTS WITH BELOW MARKET INCOME. 8844875 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 72 0 1 167 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 16 15 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X TOM SEXTON CO SR LIVING RESIDENCES 6172689140 45 BRAINTREE HILL OFFICE PARK STE BRAINTREE MA 02184 ALEXANDRA SCHWEITZER CHAIR/TRUSTEE 5.00 0.00 X X 0 0 0 VIJI KRISHNAN VICE CHAIR/TRUSTEE 5.00 0.00 X X 0 0 0 WILLIAM VAN DORN TREASURER/TRUSTEE 5.00 0.00 X X 0 0 0 BOB COCKS ASSISTANT TREASURER/TRUSTEE 5.00 0.00 X X 0 0 0 JANICE MASI CLERK/TRUSTEE 5.00 0.00 X X 0 0 0 NOREEN GUANCI TRUSTEE 2.00 0.00 X 0 0 0 JULIA D COX TRUSTEE 2.00 0.00 X 0 0 0 ANNA XIA TRUSTEE 2.00 0.00 X 0 0 0 LAURIE PASCAL TRUSTEE 2.00 0.00 X 0 0 0 MARK CAGGIANO TRUSTEE 2.00 0.00 X 0 0 0 CURT TOBEY TRUSTEE 2.00 0.00 X 0 0 0 IVOR CARY ARMISTEAD III TRUSTEE 2.00 0.00 X 0 0 0 LINDA THOMPSON TRUSTEE 2.00 0.00 X 0 0 0 SARAH LEROY TRUSTEE 2.00 0.00 X 0 0 0 TAISHA HENDRICKSON TRUSTEE 2.00 0.00 X 0 0 0 CANDACE L CRAMER CHIEF EXECUTIVE OFFICER 40.00 0.00 X X 278349 0 7934 DEANNE DUPONT ASST TREASURER/TRUSTEE (UNTIL 4/24) 5.00 0.00 X X 0 0 0 DAVE TERRY TRUSTEE (UNTIL 2/24) 2.00 0.00 X 0 0 0 LANCE CHAPMAN ASSISTANT EXECUTIVE DIRECTOR 40.00 0.00 X 171484 0 5960 CHRISTINE A NAGLE DIRECTOR OF COMMUNITY PARTNERSHIPS 40.00 0.00 X 100844 0 15441 550677 0 29335 3 0 1 0 DIMELLA SHAFFER ASSOCIATES INC 24 FARNSWORTH ST 4TH FL BOSTON MA 02210 ARCHITECTURAL SERVICES 641006 SENIOR LIVING RESIDENCES 45 BRAINTREE HILL STE 306 BRAINTREE MA 02184 MGMT. SERVICES 623854 BROWN ADVISORY SERVICES 100 HIGH STREET 27TH FLOOR BOSTON MA 02110 INVESTMENT SERVICES 218606 CM BUILDING & RENOVATION LLC 1 ROSEBUD LANE MILFORD MA 01757 CONSTRUCTION SERVICES 145830 CBIZ ADVISORS LLC 53 STATE STREET 17TH FLOOR BOSTON MA 02109 ACCOUNTING SERVICES 100562 5 436408 436408 NET RESIDENT SERVICE REVENUE 623000 10786918 10786918 10786918 2044606 1640 2042966 3069946 0 3069946 3069946 3069946 OTHER REVENUE 623000 636893 636893 636893 16974771 11423811 1640 5112912 1101270 1101270 19050 19050 286284 186085 85885 14314 5166754 4172834 969983 23937 47061 44708 2353 534581 449109 81153 4319 415682 358257 53581 3844 630554 630554 19130 19130 105112 105112 223862 223862 195948 195948 309986 309986 776669 758883 17786 4097 4097 557896 545120 12776 274267 225510 48757 FOOD 473924 473924 SUPPLIES 269187 269187 RESIDENT ACTIVITIES 152527 133367 12006 7154 COMMUNITY-BASED PROGRAM 129884 129884 32024 22395 9629 11725749 8844875 2815324 65550 5799665 6886194 34348 91012 176868 264174 18709508 10558542 7393878 8150966 56474831 62107464 267745 203934 1111120 1146272 71258455 78850016 705867 1029177 100000 600000 1231794 1096389 68890 41619 2106551 2767185 X 51506488 57434292 17645416 18648539 69151904 76082831 71258455 78850016 X 5249022 1619479 62426 X 0 1 X 1 0 X 98725 359587 116088 224920 436408 1235728 8563109 9166886 10460443 10780314 11423811 50394563 8661834 9526473 10576531 11005234 11860219 51630291 26391 45547 18638 21140 49220 160936 0 26391 45547 18638 21140 49220 160936 51469355 852179 1416831 1577247 1287396 2042966 7176619 1013 4472 3543 5187 1640 15855 853192 1421303 1580790 1292583 2044606 7192474 9515026 10947776 12157321 12297817 13904825 58822765 0.87500 0.88830 0.12230 0.10920 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16062089 1858548 1250204 16670433 14275812 2294323 508046 16062089 16506374 -1991270 239292 14275812 14812371 1935958 242054 -99 16506374 14020693 1682714 890384 652 14812371 0.00000 0.20540 0.79460 0 0 2250000 2250000 13591685 9147864 4443821 551317 551317 0 2316506 859361 1457145 8150966 OPERATING LEASE OBLIGATION 41619 41619 X 18432815 1619479 62427 1681906 16750909 223862 223862 16974771 11501887 0 11501887 223862 223862 11725749 PART V, LINE 4: THE TEMPORARILY AND PERMANENTLY RESTRICTED ENDOWMENTS ARE BROKEN INTO 2 CATEGORIES: (1) SPECIFIC USE AND (2) GENERAL USE. THESE HAVE BEEN CATEGORIZED BASED ON THE INSTRUCTIONS/INTENTION OF THE ORIGINAL DONOR. THE SPECIFIC USE FUNDS ARE HELD AND USED ONLY FOR THE SPECIFIC USE AS DEFINED BY THE ORIGINAL DONOR. THE GENERAL USE FUNDS ARE USED TO SUPPORT OPERATIONS. HOWEVER, THEIR USE NEEDS TO BE VOTED ON BY THE BOARD OF TRUSTEES. THE QUASI ENDOWMENT FUNDS ARE UNRESTRICTED FUNDS THAT HAVE BEEN "TEMPORARILY" RESTRICTED BY THE BOARD OF TRUSTEES. THE BOARD VOTES ON THE USE OF THESE FUNDS, WHICH HAVE TYPICALLY BEEN TO HELP OUR RESIDENTS, LIKE FINANCIAL ASSISTANCE OR MUSIC THERAPY PROGRAMS, TO SUPPORT STAFF TRAINING, OR TO CREATE INNOVATIVE COMMUNITY-BASED PROGRAMS THAT ENRICH THE LIVES OF SENIORS IN GREATER BOSTON. PART X, LINE 2: THE HOME ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. THE HOME HAS IDENTIFIED ITS TAX STATUS AS A TAX-EXEMPT ENTITY AND ITS DETERMINATION OF WHICH ACTIVITIES ARE RELATED VERSUS UNRELATED WHICH DOES NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE HOME IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. THE HOME'S FEDERAL AND STATE INCOME TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS FOLLOWING THE DATE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUSTS 62,427. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTING 135142 0 0 0 0 0 0 135142 0 135142 1 0 1 1 1 0 1 UNIVERSITY OF MASSACHUSETTS AT BOSTON 100 WILLIAM T MORRISSEY BOULEVARD BOSTON MA 02125 043167352 EDU. INSTITUTION 750000 0 N/A TO FUND THE DOANE SCHOLARSHIP PROGRAM FOR STUDENTS OF THE COLLEGE OF NURSING. FRIENDSHIPWORKS 105 CHAUNCY STREET SUITE 801 BOSTON MA 02111 043140541 501(C)(3) 236270 0 N/A TO IMPLEMENT AN INNOVATIVE PROGRAM THAT BRINGS MUSIC TO ISOLATED ELDERS IN THE BOSTON COMMUNITY CITY OF BOSTON AGE STRONG COMMISSION 1 CITY HALL SQUARE ROOM 271 BOSTON MA 02001 043290071 GOVERNMENT 115000 0 N/A TO IMPLEMENT AN INNOVATIVE CREATIVE AGING PROGRAM THAT BRINGS ARTS LEARNING OPPORTUNITIES TO ISOLATED ELDERS IN GREATER BOSTON. 3 0 OUTSIDE AID FUND 5 19050 0 TO ASSIST LOWER-INCOME OLDER WOMEN LIVING IN THE COMMUNITY. PART I, LINE 2: ALL CONTRIBUTIONS/GRANTS (REQUESTS AND RECEIPT OF CASH AS WELL AS USE OF FUNDS) FLOW THROUGH THE COMMUNITY PARTNERSHIP OFFICE AT GODDARD HOUSE. THE COMMUNITY PARTNERSHIP OFFICE IS RESPONSIBLE FOR OBTAINING VENDORS THAT ADHERE TO THE GRANT GUIDELINES. ALL INVOICES THAT PERTAIN TO THE GRANTS ARE SUBMITTED TO THE COMMUNITY PARTNERSHIP OFFICE FOR REIMBURSEMENT FROM THE GRANTS. THE INVOICES (ALONG WITH ALL OTHER APPROPRIATE PAPER WORK) ARE APPROVED AND CODED TO THE APPROPRIATE GRANT AND FORWARDED TO THE MANAGEMENT COMPANY FOR PAYMENT. THE INVOICES ARE REVIEWED BY THE MANAGEMENT COMPANY FOR PROPER RECORDING IN THE GENERAL LEDGER. ON A MONTHLY BASIS, THE MANAGEMENT COMPANY CIRCULATES A REPORT THAT TRACKS THE VARIOUS GRANT ACTIVITY FOR THE MONTH. THIS ACTIVITY IS REVIEWED AND VERIFIED BY THE COMMUNITY PARTNERSHIPS OFFICE. X X X X 0 0 0 0 0 0 0 1 0 CANDACE L CRAMER CHIEF EXECUTIVE OFFICER 273160 0 5189 0 0 0 6700 0 1234 0 286283 0 0 0 LANCE CHAPMAN ASSISTANT EXECUTIVE DIRECTOR 144922 0 26562 0 0 0 4087 0 1873 0 177444 0 0 0 PART I, LINE 7 THE BONUS AWARDED TO THE PRESIDENT AND CEO WAS RECOMMENDED BY THE COMPENSATION COMMITTEE BUT DETERMINED BY THE BOARD. THE BONUS AWARDED TO THE MARKETING DIRECTOR IS BASED ON PERFORMANCE TOWARD ACHIEVEMENT OF ORGANIZATIONAL GOALS. FORM 990, PART VI, SECTION A, LINE 3 THE FACILITIES, INCLUDING DAY TO DAY ACTIVITIES, WERE MANAGED BY SENIOR LIVING RESIDENCES (SLR). SLR COMMUNICATED INFORMATION DIRECTLY TO THE PRESIDENT AND CEO AND BOARD OF TRUSTEES AT LEAST MONTHLY DURING BOARD MEETINGS, OR MORE FREQUENTLY IF NEEDED. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PROVIDED TO THE PRESIDENT AND CEO AND TREASURER FOR REVIEW AND APPROVAL. A COPY OF THE FORM IS PROVIDED TO ALL BOARD MEMBERS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE OFFICERS AND BOARD MEMBERS ARE REQUIRED TO COMPLETE THE CONFLICT OF INTEREST STATEMENT ON AN ANNUAL BASIS. IN ADDITION, EACH INDIVIDUAL HAS THE RESPONSIBILITY TO PROVIDE ANY CHANGES SHOULD A CONFLICT ARISE DURING THE YEAR. THE ANNUAL CONFLICT OF INTEREST STATEMENTS ARE REVIEWED BY THE FINANCE AND AUDIT COMMITTEE. WHEN APPLICABLE, THE FINANCE AND AUDIT COMMITTEE DETERMINES WHETHER AN ACTUAL CONFLICT EXISTS. IF AN ACTUAL CONFLICT IS FOUND TO EXIST, THE AFFECTED INDIVIDUAL IS PROHIBITED FROM PARTICIPATING IN DELIBERATION OR DECISIONS WITH RESPECT TO THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A A COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS CONSIDERS COMPARABILITY DATA, PROVIDED BY AN INDEPENDENT CONSULTANT, WHEN CONSIDERING COMPENSATION FOR THE PRESIDENT AND CEO. DOCUMENTATION INCLUDING RELIED UPON COMPARABILITY DATA, DELIBERATION PROCESS, AND DECISIONS ARE INCLUDED IN BOARD MATERIALS AND ARE RECORDED IN COMMITTEE AND BOARD MINUTES. IN ALL CASES, COMPENSATION IS DETERMINED BY INDEPENDENT PERSONS. THIS PROCESS WAS MOST RECENTLY UNDERTAKEN IN 2024. FORM 990, PART VI, SECTION C, LINE 19 GODDARD HOUSE GRANTS ALL REASONABLE REQUESTS FOR THE GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUSTS 62,426. FORM 990 HEADING, ENTITY SECTION, ITEM C NAME OF ORGANIZATION - DOING BUSINESS AS GODDARD HOUSE