Hrca Housing for Elderly Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It owes more than it owns.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
THE MISSION OF HRCA HOUSING FOR ELDERLY, INC. (DBA JACK SATTER HOUSE) IS TO HONOR OUR ELDERS BY RESPECTING AND PROMOTING THEIR INDEPENDENCE, SPIRITUAL VIGOR, DIGNITY AND CHOICE BY RECOGNIZING THAT THEY ARE A RESOURCE TO BE CHERISHED. AS PART OF OUR MISSION, WE ACCEPT SPECIAL RESPONSIBILITY FOR THE FRAILEST AND NEEDIEST MEMBERS OF OUR COMMUNITY WHO ARE MOST DEPENDENT ON OUR CARE. THE JACK SATTER HOUSE SEEKS TO FULFILL ITS MISSION BY: - MANAGING QUALITY SENIOR HOUSING THROUGH INNOVATION AND LEADERSHIP - PROVIDING QUALITY HEALTH CARE FOR RESIDENTS VIA AN ON-SITE CLINIC AND 24/7 ON-CALL SERVICES - FACILITATING POSITIVE SOCIAL INTERACTION TO IMPROVE PHYSICAL, MENTAL, AND SOCIAL HEALTH, AND - CREATING OPPORTUNITIES FOR RESIDENTS TO CONNECT WITH LOCAL EDUCATIONAL AND ASSISTANCE PROGRAMS.
- Income
- $11.2 million
- Spending
- $9.5 million
- Spent on programs
- 76%
- Reserves
- -54.9 months of spending
- Largest source of income
- fees for its services, 99%
- Employees
- 55
- Volunteers
- 6
- Highest pay
- $1.2 million, president and ceo (thru 7/2023, returned 5/2024 to 6/2025)
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 45 out of 100.
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
0 of 20It owes 292% of what it owns.
Living within its means
15 of 15Income exceeded spending by 16% of income.
Income trend
15 of 15Income rose 17% on the year before.
Spending floor
15 of 1576% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 75 out of 100.
Independent board
5 of 252 of 5 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $7.2 million spent. HRCA HOUSING FOR ELDERLY, INC. (DBA JACK SATTER HOUSE) IN REVERE COMBINES INDEPENDENT, NONDENOMINATIONAL APARTMENT LIVING WITH ONSITE SERVICES THAT PROMOTE AN ACTIVE, HEALTHY LIFE. THE COMMUNITY IS DESIGNED TO GIVE SENIOR RESIDENTS MULTIPLE OPPORTUNITIES TO ENGAGE WITH EACH OTHER, SUPPORT EACH OTHER, AND WORK TOGETHER FOR THE GOOD OF THE COMMUNITY. THE COMMUNITY IS LOCATED DIRECTLY ACROSS THE BOULEVARD FROM REVERE BEACH, ALLOWING FOR PANORAMIC ATLANTIC OCEAN VIEWS FROM ALMOST EVERY APARTMENT. IT IS CONVENIENT TO BOSTON'S CULTURE, SHOPPING, AND PUBLIC TRANSPORTATION AS WELL AS THE SCENIC NORTH SHORE. AS A HEBREW SENIORLIFE COMMUNITY, RESIDENTS HAVE ACCESS TO A FULL SPECTRUM OF SUPPORT AND SERVICES THAT ENSURE CONTINUITY OF HEALTH CARE, ENCOURAGE A HEALTHY, INDEPENDENT LIFESTYLE AND EMPHASIZE PHYSICAL AND EMOTIONAL WELLNESS. OUR COMMUNITY AT A GLANCE: - LOCATED ALONG REVERE BEACH, WITH ATLANTIC OCEAN VIEWS - 266 APARTMENTS, INCLUDING 47 EFFICIENCIES, 202 ONEBEDROOM UNITS AND 17 TWO BEDROOM UNITS - OPEN TO ALL QUALIFIED ELIGIBLE PERSONS AGED 62 OR OLDER REGARDLESS OF RACE, COLOR, RELIGION, SEXUAL ORIENTATION OR GENDER IDENTITY, NATIONAL ORIGIN, DISABILITY AND FAMILIAL STATUS - STATE OF THE ART FITNESS CENTER WITH REGULARLY SCHEDULED WELLNESS PROGRAMS, -COMPUTER LEARNING PROGRAMS, AND - WEEKNIGHT MEAL PROGRAM.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending September 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 1974.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.