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Massachusetts · Nonprofit

NEWBRIDGE ON THE CHARLES INC

NEWBRIDGE ON THE CHARLES INC (Massachusetts) receives grants from 11 organizations whose IRS filings report $135,000 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($91,490). 6 of them have funded it in more than one year, and 80% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$61M
Funders on record
11
Grants received
$135k
Net assets
$-217172099
6/11 repeat funderspeak grant-dependency 0%
01What it does

What Newbridge on the Charles Inc does

Mission

In the spirit of the fifth commandment, as illuminated by the traditions of the jewish people, our mission is to honor our elders, by respecting and promoting their independence, spiritual vigor, dignity and choice, and by recognizing that seniors are a resource to be cherished. (continued on schedule o)

As stated on its FY2025 Form 990.

Programs

  1. 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…

    $22,923,487 spent$27,304,922 earned by the program
    46% of program spending
  2. 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 holistic approach to care, hrc serves as ground-breaking model in creating an optimal living environment and providing the types of services and programs that seniors best respond to physically and emotionally when in short or long-term care. The private rooms and common living spaces resemble all the charm and coziness of home, providing plenty of natural light, warmth, and comfort. We offer the community access to an outstanding array of rehabilitation options through our recuperative services unit (rsu), which is a skilled nursing unit. On the nboc campus there are 48 beds for short-term rehabilitation care. Physicians representing dozens of medical specialties, as well as nurses, and therapists, are available for consultation to ensure that every patient need is addressed. Our intake coordinator and case managers will screen the patient and either accept or deny admission. If the referral…

    $14,240,124 spent$16,961,882 earned by the program
    29% of program spending
  3. 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 continue residing on our campus. In 51 traditional assisted living apartments, nboc fosters a deep sense of community and home away from home in a compassionate environment for seniors. At the core of this area is a full service dining room and library as well as activity and meeting rooms. In addition to providing personalized supportive services in a warm and inviting setting, our traditional assisted living program reflects the many services, programs, and amenities unique to nboc. For example, residents have plenty of opportunities to enjoy a wide range of lifelong learning activities, music and art presentations, wellness programs and multigenerational activities with students from the neighboring rashi school. The nboc memory support assisted living program is a nationally renowned model of comprehensive care designed to enhance cognitive and physical abilities in a safe environment. As a key component of the assisted…

    $11,766,339 spent$14,015,275 earned by the program
    24% of program spending
  4. Other program service revenue is made up of income from residents and their guests for various services that nboc provides (the expenses), including culinary, telecommunications, miscellaneous, guest suites, personal care, and activity fees.

    $767,003 spent$913,602 earned by the program
    2% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $49,696,953.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($48M) Expenses 100 ($63M)2018 Revenue 109 ($52M) Expenses 99 ($62M)2019 Revenue 110 ($53M) Expenses 99 ($62M)2020 Revenue 109 ($53M) Expenses 103 ($65M)2021 Revenue 113 ($54M) Expenses 105 ($66M)2022 Revenue 116 ($56M) Expenses 110 ($69M)2023 Revenue 107 ($51M) Expenses 105 ($66M)2024 Revenue 127 ($61M) Expenses 106 ($67M)2025 Revenue 127 ($61M) Expenses 99 ($62M)
'17'18'19'20'21'22'23'24'25
Revenue (127)Expenses (99)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $302M to $273M (−10%).

$319M
$326M
$316M
$306M
$302M
$273M
$267M
$257M
$268M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 5% · 2021 2% · 2022 1%. Grants only. Government contracts and fees sit inside program revenue.

0% of NEWBRIDGE ON THE CHARLES INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (21% for the typical peer).

This organization
Typical peer · 3,400 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 9 of the last 9 reported years ran a deficit.

−$15M
’17
−$9.9M
’18
−$9.5M
’19
−$12M
’20
−$11M
’21
−$14M
’22
−$14M
’23
−$5.2M
’24
−$922k
’25
2.3
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Richard J Henken

Chair

As listed on its FY2025 Form 990.

2017201820192020202120242025
Listed16161515192425
Joined·+2+0+1+7·+6
No longer listed·2113·5
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 4 funders, grant income rose $50 → $5k.

2 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 80% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of NEWBRIDGE ON THE CHARLES INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

NEWBRIDGE ON THE CHARLES INC leans on a few funders — its largest provides 68% of grant income and the top three 89%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

80% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund NEWBRIDGE ON THE CHARLES INC.

68%
largest funder
89%
top three
~2
effective funders

Largest funder’s share by year: 2018 100% · 2019 100% · 2020 74% · 2021 81% · 2022 60% · 2023 54% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

33% of NEWBRIDGE ON THE CHARLES INC's funders are still giving 3 years after their first grant; 55% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

80% of NEWBRIDGE ON THE CHARLES INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $27k that is directly attributable, 77% of it comes from Massachusetts funders.

MA
TX
FL

In-state vs out-of-state, by year

’18
’19
’20
’21
’22
’23
Massachusetts out of state home

Funder states come from each funder’s own filing. $108k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

NEWBRIDGE ON THE CHARLES INC is better cushioned than half of the 2,297 human services nonprofits its size.

Operating margin−2% · bottom quartile
Months of reserve2.3mo · above the median
Revenue growth (annualized)3% · bottom quartile

this organization peer median middle 50% of peers· 2,297 human services nonprofits $10M–$100M, FY2025

Organizations like NEWBRIDGE ON THE CHARLES INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

80% of spending goes to programs.

Program 80%Management 20%Fundraising 0%

Governance

5
board members
40%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

94%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MA

Part of a family of 16 related entities

  • Hebrew Seniorlife Hospice Care Inc · exempt
  • Orchard Cove Inc · exempt
  • Hrca Senior Housing Inc · exempt
  • Ctr Communities of Brookline Inc · exempt
  • Hrca Brookline Housing 112-120 Centre Court Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for NEWBRIDGE ON THE CHARLES INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds NEWBRIDGE ON THE CHARLES INC?
NEWBRIDGE ON THE CHARLES INC (Massachusetts) receives grants from 11 organizations whose IRS filings report $135,000 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($91,490). 6 of them have funded it in more than one year, and 80% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does NEWBRIDGE ON THE CHARLES INC have?
IRS filings report 11 organizations giving $135,000 in grants to NEWBRIDGE ON THE CHARLES INC, 6 of which have funded it in more than one year.
Who is the largest funder of NEWBRIDGE ON THE CHARLES INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $91,490 in grants. The full list of funders is on this page.
How can an organization like NEWBRIDGE ON THE CHARLES INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Newbridge on the Charles →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 11 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing