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Greater Boston Chinese Golden Age Center Inc

 75 Kneeland Street, Suite 204
 Boston, MA 02111
[P] (617) 357-0226 x 212
[F] (617) 357-5323
www.gbcgac.org
[email protected]
Ruth Moy
Facebook
INCORPORATED: 1972
 Printable Profile (Summary / Full)
EIN 23-7181452

LAST UPDATED: 05/31/2017
Organization DBA Greater Boston Chinese Golden Age Center
Former Names --
Organization received a competitive grant from the Boston Foundation in the past five years Yes

Summary

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Mission StatementMORE »

Greater Boston Chinese Golden Age Center (GBCGAC) is a non-profit agency that provides multiple services to Chinese-speaking seniors age 60 and over. Its mission is to safeguard the well-being and maintain the independence of Chinese-speaking elders, enabling them to "Age in Place".

Mission Statement

Greater Boston Chinese Golden Age Center (GBCGAC) is a non-profit agency that provides multiple services to Chinese-speaking seniors age 60 and over. Its mission is to safeguard the well-being and maintain the independence of Chinese-speaking elders, enabling them to "Age in Place".

FinancialsMORE »

Fiscal Year July 01, 2016 to June 30, 2017
Projected Income $8,988,000.00
Projected Expense $8,711,767.00

ProgramsMORE »

  • Adult Day Health

Revenue vs. Expense ($000s)

Expense Breakdown 2016 (%)

Expense Breakdown 2015 (%)

Expense Breakdown 2014 (%)

For more details regarding the organization's financial information, select the financial tab and review available comments.


Overview

Mission Statement

Greater Boston Chinese Golden Age Center (GBCGAC) is a non-profit agency that provides multiple services to Chinese-speaking seniors age 60 and over. Its mission is to safeguard the well-being and maintain the independence of Chinese-speaking elders, enabling them to "Age in Place".

Background Statement

For over four decades, Greater Boston Chinese Golden Age Center (GBCGAC) has been providing outstanding services for the Chinese-speaking elderly population in Boston and its surrounding areas. Since its incorporation as a non-profit organization in 1972, it has grown from a one site operation with limited services into an agency with a comprehensive network of programs and services at multiple sites. GBCGAC is the only agency in Boston that focuses on serving the Chinese-speaking Asian elders.The agency’s goal is to enhance the social, economic, and physical well-being of the Chinese elderly community, a group that can be characterized as having limited English proficiency and low income.The programs and services include, but are not limited to a Nutrition Program that have been providing both congregate and home-delivered ethnic meals since 1972, an Adult Day Health program at three sites in Boston since 1978, Title III of Older American Act services funded continuously since 1985, Elderly housing in Boston Chinatown since1982, the Senior Community Service Employment program funded since 1994, and SHINE (Serving Health Information Needs of Everyone) program, funded since 2002.

Impact Statement

 Accomplishment from the past year:

Completion of a New Hong Lok House with 75 affordable housing units, an adult day health program with a larger capacity on the street level and a drop in center on the lower level that can provide more programs and services for both Hong lok House's residents and other elders in the community. 
Expanded social services to Framingham and Lexington areas related to growing demand from the Chinese-speaking elders.
Expanded nutrition program to Malden, Cambridge and Somerville areas with a total of roughly 3000 meals served per day.
Worked with Cambridge Health Alliance, Tufts University, Tufts Medical Center and Massachusetts General Hospital on research projects related to cancer prevention, mental health treatment and chronic disease management.  
 
Goals for the current year:
Continue to provide culturally sensitive and linguistically appropriate programs and services to Chinese-speaking elders.
Continue to initiate health promotion programs to enable Chinese-speaking elders to Age Well at home.
Build on our experience and expand our services as new needs are identified.
Expand nutrition program with in-home nutrition education and counseling.
Work with research teams at Tufts University, Tufts Medical Center and Massachusetts General Hospital to develop new health models or programs.  

Needs Statement

1. Funding is needed to provide social services for  an ethnic elderly population that are low income and have limited English Proficiency.
 
2. Space is needed to provide activities such as wellness groups, English classes and other social activities. 

CEO Statement

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Board Chair Statement

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Geographic Area Served

City of Boston- Citywide (Indiv. neighborhoods also listed)
GREATER BOSTON REGION, MA
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Organization Categories

  1. Human Services - Adult Day Care
  2. Public & Societal Benefit -
  3. -

Independent research has been conducted on this organization's theory of change or on the effectiveness of this organization's program(s)

No

Programs

Adult Day Health

Provides cost-effective health care and support to frail elders and disabled adults in the form of skilled nursing care, health monitoring, social services, recreational and educational activities 
Budget  $375,000.00
Category  Human Services, General/Other
Population Served Elderly and/or Disabled Elderly and/or Disabled
Program Short-Term Success  The program will remain at least 90% of the capacity
Program Long-Term Success  The program will have full enrollment
Program Success Monitored By  The program is running sucessfully
Examples of Program Success  currently the program has full enrollment  

CEO/Executive Director/Board Comments

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Management


CEO/Executive Director Mrs. Ruth C Moy
CEO Term Start July 1972
CEO Email [email protected]
CEO Experience --
Co-CEO --
Co-CEO Term Start --
Co-CEO Email --
Co-CEO Experience --

Former CEOs and Terms

Name Start End
-- -- --

Senior Staff

Name Title Experience/Biography
-- -- --

Awards

Award Awarding Organization Year
-- -- --

Affiliations

Affiliation Year
-- --
Member of state association of nonprofits? Yes
Name of state association --

External Assessments and Accreditations

External Assessment or Accreditation Year
-- --

Collaborations

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CEO/Executive Director/Board Comments

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Foundation Comments

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Staff Information

Number of Full Time Staff 28
Number of Part Time Staff 83
Number of Volunteers 29
Number of Contract Staff 2
Staff Retention Rate % --

Staff Demographics

Ethnicity African American/Black: 0
Asian American/Pacific Islander: 110
Caucasian: 1
Hispanic/Latino: 0
Native American/American Indian: 0
Other: 0
Other (if specified): --
Gender Female: 50
Male: 61
Not Specified 0

Plans & Policies

Organization has Fundraising Plan? Under Development
Organization has Strategic Plan? Under Development
Years Strategic Plan Considers --
Management Succession Plan --
Business Continuity of Operations Plan --
Organization Policies And Procedures Under Development
Nondiscrimination Policy Yes
Whistle Blower Policy Yes
Document Destruction Policy Yes
Directors and Officers Insurance Policy --
State Charitable Solicitations Permit --
State Registration --

Risk Management Provisions

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Reporting and Evaluations

Management Reports to Board? No
CEO Formal Evaluation and Frequency No N/A
Senior Management Formal Evaluation and Frequency No N/A
Non Management Formal Evaluation and Frequency Yes Annually

Governance


Board Chair Mr. Peter K. Chan
Board Chair Company Affiliation Office for Civil Rights/U.S. Department of Health and Human Services
Board Chair Term May 2016 - June 2018
Board Co-Chair Dr. Walter Lee
Board Co-Chair Company Affiliation St. Elizabeth Hospital, Brighton, MA
Board Co-Chair Term May 2016 - June 2018

Board Members

Name Company Affiliations Status
Mr. Jerry Chu Community Volunteer Voting
Mrs. Helen Fong Retired Voting
Mr. Hung T. Goon Middlesex Sheriff's Office, Chinese Consolidated Benevolent Association Voting
Mr. Daniel Y Szeto Community Volunteer Voting
Mr. David Tam Community Volunteer Voting
Ms. Connie Wong City of Boston Voting
Ms. Pui Chi Wong Community Volunteer Voting
Mr. Klysler Yen World Journal (A Chinese Newspaper) Voting

Constituent Board Members

Name Company Affiliations Status
-- -- --

Youth Board Members

Name Company Affiliations Status
-- -- --

Advisory Board Members

Name Company Affiliations Status
-- -- --

Board Demographics

Ethnicity African American/Black: 0
Asian American/Pacific Islander: 10
Caucasian: 0
Hispanic/Latino: 0
Native American/American Indian: 0
Other: 0
Other (if specified): --
Gender Female: 3
Male: 7
Not Specified 0

Board Information

Board Term Lengths --
Board Term Limits --
Board Meeting Attendance % --
Written Board Selection Criteria No
Written Conflict Of Interest Policy No
Percentage of Monetary Contributions 100%
Percentage of In-Kind Contributions --
Constituency Includes Client Representation No

Standing Committees

    --

CEO/Executive Director/Board Comments

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Foundation Comments

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Financials


Revenue vs. Expense ($000s)

Expense Breakdown 2016 (%)

Expense Breakdown 2015 (%)

Expense Breakdown 2014 (%)

Fiscal Year July 01, 2016 to June 30, 2017
Projected Income $8,988,000.00
Projected Expense $8,711,767.00
Form 990s

2015 Form 990

2014 Form 990

2013 Form 990

2012 Form 990

Audit Documents

2016 Audited Financial Statements

2015 Audited Financial Statements

2014 Audited Financial Statements

2013 Audited Financial Statements

IRS Letter of Exemption

IRS Letter of Determination

Prior Three Years Total Revenue and Expense Totals

Fiscal Year 2016 2015 2014
Total Revenue $9,279,819 $7,485,135 $7,344,044
Total Expenses $8,898,452 $7,392,776 $6,786,378

Prior Three Years Revenue Sources

Fiscal Year 2016 2015 2014
Foundation and
Corporation Contributions
-- -- --
Government Contributions $7,942,921 $6,777,441 $6,044,577
    Federal -- -- --
    State -- -- --
    Local -- -- --
    Unspecified $7,942,921 $6,777,441 $6,044,577
Individual Contributions $84,551 $73,090 $67,109
Indirect Public Support -- -- --
Earned Revenue -- -- --
Investment Income, Net of Losses $159,845 $-117,242 $409,375
Membership Dues -- -- --
Special Events $155,842 $154,907 $125,745
Revenue In-Kind $926,750 $589,520 $688,427
Other $9,910 $7,419 $8,811

Prior Three Years Expense Allocations

Fiscal Year 2016 2015 2014
Program Expense $8,195,752 $6,796,067 $6,202,967
Administration Expense $686,685 $584,606 $555,801
Fundraising Expense $16,015 $12,103 $27,610
Payments to Affiliates -- -- --
Total Revenue/Total Expenses 1.04 1.01 1.08
Program Expense/Total Expenses 92% 92% 91%
Fundraising Expense/Contributed Revenue 0% 0% 0%

Prior Three Years Assets and Liabilities

Fiscal Year 2016 2015 2014
Total Assets $5,551,878 $5,117,976 $5,055,298
Current Assets $1,932,040 $1,785,461 $1,939,062
Long-Term Liabilities $9,695 $32,556 $58,694
Current Liabilities $923,401 $848,005 $911,456
Total Net Assets $4,618,782 $4,237,415 $4,085,148

Prior Three Years Top Three Funding Sources

Fiscal Year 2016 2015 2014
1st (Source and Amount) -- --
-- --
-- --
2nd (Source and Amount) -- --
-- --
-- --
3rd (Source and Amount) -- --
-- --
-- --

Financial Planning

Endowment Value --
Spending Policy N/A
Percentage(If selected) --
Credit Line Yes
Reserve Fund No
How many months does reserve cover? --

Capital Campaign

Are you currently in a Capital Campaign? No
Capital Campaign Purpose --
Campaign Goal --
Capital Campaign Dates -
Capital Campaign Raised-to-Date Amount --
Capital Campaign Anticipated in Next 5 Years? --

Short Term Solvency

Fiscal Year 2016 2015 2014
Current Ratio: Current Assets/Current Liabilities 2.09 2.11 2.13

Long Term Solvency

Fiscal Year 2016 2015 2014
Long-term Liabilities/Total Assets 0% 1% 1%

CEO/Executive Director/Board Comments

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Foundation Comments

Financial summary data in charts and graphs are per the organization's audited financials.  Contributions from foundations and corporations are listed under individuals when the breakout was not available.

Documents


Other Documents

No Other Documents currently available.

Impact

The Impact tab is a section on the Giving Common added in October 2013; as such the majority of nonprofits have not yet had the chance to complete this voluntary section. The purpose of the Impact section is to ask five deceptively simple questions that require reflection and promote communication about what really matters – results. The goal is to encourage strategic thinking about how a nonprofit will achieve its goals. The following Impact questions are being completed by nonprofits slowly, thoughtfully and at the right time for their respective organizations to ensure the most accurate information possible.


1. What is your organization aiming to accomplish?

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2. What are your strategies for making this happen?

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3. What are your organization’s capabilities for doing this?

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4. How will your organization know if you are making progress?

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5. What have and haven’t you accomplished so far?

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