NonprofitsHearth Inc

Housing & Shelter

Hearth Inc

BOSTON, MA

Total revenue

$4.6M

Total expenses

$6.3M

Net assets

$5.7M

Grants received

$1.7M

29 grants

EIN

043206820

Tax year

2024

Mission

Hearth, inc. (hearth) is a nonprofit organization dedicated to the elimination among elder homelessness. This mission is accomplished through a unique blend of prevention, placement, and housing programs all designed to help elders find and succeed in homes of their own.

Programs

1 program

Outreach -hearth's outreach program provides a comprehensive set of services to homeless and at-risk elders to help them re-establish their lives within permanent and affordable housing in and around the city of boston. The program focuses on connection; housing search and case management; and placement and stabilization.

Expenses: $892K

Financials

FY 2024

Revenue

Contributions & grants$2.5M
Program service revenue$1.6M
Investment income$360K
Other revenue$109K
Total revenue$4.6M

Expenses

Grants paid
Salaries & benefits$4.2M
Fundraising$322K
Other expenses$2.1M
Total expenses$6.3M
Total assets$9.6M
Net assets$5.7M

People

28 listed

NameRoleCompensation

RHONDA PIERONI

PRES. & CEO

Board

$185K

38 hrs/wk

ANDREW COLE

VP OF FINANCE (AS OF 7/24)

Board

$78K

38 hrs/wk

MICHAEL BURMAN

CFO (UNTIL 1/24)

Board

$28K

38 hrs/wk

KARYN SCHEIER

CLERK

Board

2 hrs/wk

GREGORY MANOUSOS

TREASURER (UNTIL 4/24)/ BOARD MEMBER

Board

2 hrs/wk

KEVIN MCCALL

PAST CHAIR

Board

2 hrs/wk

ALAN ABRAMS

BOARD MEMBER

Board

2 hrs/wk

JENNIFER BOTTOMLEY

BOARD MEMBER

Board

2 hrs/wk

REBECCA TYLER BROWN

BOARD MEMBER

Board

2 hrs/wk

THOMAS BYRNE

BOARD MEMBER

Board

2 hrs/wk

ELLEN FEINGOLD

BOARD MEMBER

Board

2 hrs/wk

MARILYN MILLER

BOARD MEMBER

Board

2 hrs/wk

GREGORY MINOTT

BOARD MEMBER

Board

2 hrs/wk

MARY PARKER

BOARD MEMBER

Board

2 hrs/wk

TANIA PHILLIPS

BOARD MEMBER

Board

2 hrs/wk

ROBERT WADSWORTH

BOARD MEMBER

Board

2 hrs/wk

STACEY ZAWEL

BOARD MEMBER

Board

2 hrs/wk

PRANITA AMARASINGHE

BOARD MEMBER

Board

2 hrs/wk

MILES BYRNE

BOARD MEMBER

Board

2 hrs/wk

DIANE VALLE

BOARD MEMBER

Board

2 hrs/wk

AYAZ HAMEED

BOARD MEMBER

Board

2 hrs/wk

JENNIFER MOLINSKY

BOARD MEMBER

Board

2 hrs/wk

MEENA SHARMA

BOARD MEMBER

Board

2 hrs/wk

BARBARA MARSHALL

BOARD MEMBER

Board

2 hrs/wk

ALVETA HAYNES

VICE-CHAIR

Board

2 hrs/wk

DOUGLASS POUTASSE

CHAIR

Board

2 hrs/wk

RAMESH ADVANI

TREASURER (AS OF 4/24)

Board

2 hrs/wk

LINDA VENDOLA

CONTROLLER

Staff

$120K

38 hrs/wk

Independent contractors

CLIFTON LARSON ALLEN

FINANCE CONSULTING

$350K

Grants received

Showing 29 of 29

FromAmountPurposeYear
$53K
UNRESTRICTED
2024
$5K
UNRESTRICTED GENERAL SUPPORT
2024
$102K
Operating Support/Annual Fund
2023
$74K
For grant recipient's exempt purposes
2023
$59K
UNRESTRICTED
2023
$5K
UNRESTRICTED GENERAL SUPPORT
2023
$168K
Operating Support/Annual Fund
2022
$58K
UNRESTRICTED
2022
$50K
UNRESTRICTED GENERAL SUPPORT
2022
$29K
For grant recipient's exempt purposes
2022
$11K
HOUSING, SHELTER
2022
$103K
Operating Support/Annual Fund
2021
$74K
UNRESTRICTED
2021
$47K
For grant recipient's exempt purposes
2021
$47K
For grant recipient's exempt purposes
2021
$106K
Operating Support/Annual Fund
2020
$72K
Unrestricted
2020
$59K
For grant recipient's exempt purposes
2020
$50K
UNRESTRICTED GENERAL SUPPORT
2020
$13K
HOMELESS PREVENTION PROGRAM FOR SENIORS
2020
$135K
Operating Support/Annual Fund
2019
$66K
For grant recipient's exempt purposes
2019
$20K
Housing and Shelter
2019
$39K
For grant recipient's exempt purposes
2018
$32K
Unrestricted
2018
$105K
Operating Support
2017
$66K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$8K
CARE FOR MEDICALLY UNINSURED
2017

Funded by

$1.7M from 7 funders · 29 grants · 2017–2024

Boston Foundation Inc

$738K · 7 grants · 2017–2023

Fidelity Investments Charitable Gift Fund

$428K · 8 grants · 2017–2023

Network For Good

$347K · 6 grants · 2018–2024

Morgan Stanley Global Impact Funding Trust Inc

$110K · 4 grants · 2020–2024

American Endowment Foundation

$37K · 2 grants · 2020–2022

Massachusetts Medical Society And

$8K · 1 grant · 2017

Details

EIN043206820
NTEE codeL20Z
Subsection03
Ruling date1994-05
Formed1993
Employees124
Volunteers172
HEARTH INC — Mission, Financials & Grants Received | Grantivo