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Filing year 2024

ALDERSBRIDGE FOUNDATION (FKA UNITED METHODIST ELDER CARE FOUNDATION)

East Providence, Rhode Island·EIN 05-0500900·NTEE E21 · Health Care·501(c)(3)
Total revenue
$15k
Total assets
$229k
Total expenses
$1.1M
Reported officers
19
Mission

THE PRIMARY EXEMPT PURPOSE IS TO PROVIDE ELDERLY PERSONS ON A NON-PROFIT BASIS RENTAL HOUSING, HEALTH CARE, ASSISTED LIVING AND OTHER FACILITIES AND SERVICES ESPECIALLY DESIGNED TO MEET THE PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS OF THE AGED AND CONTRIBUTING TO THEIR HEALTH, SECURITY, HAPPINESS, AND USEFULNESS IN LONGER LIVING; TO THAT END, IT IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM FUNCTIONS OF AND TO CARRY OUT THE PURPOSES OF ALDERSBRIDGE COMMUNITIES, WINSLOW GARDENS, ARBOR HILL ASSISTED LIVING, AND LINN HEALTH AND REHABILITATION.

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Health Care organizations nationwide.

CFO
10th to 25th percentile
$24k
$26k
CEO
Below 10th percentilevs Health Care peers in Rhode Island
$23k
$24k
COO
Below 10th percentile
$15k
$17k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 16 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at ALDERSBRIDGE FOUNDATION (FKA UNITED METHODIST ELDER CARE FOUNDATION) equaled 2% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2024)
2%
Sector median
4%
Middle half of sector
1% to 13%

Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 12%
from 2023

From $28k in 2023 to $24k in 2024.

$28k
2023
$24k
2024
In today's dollarsEst.
Down 15% in real terms$31k to $26k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Financial Officer pay rose 5% from 2023 to 2024, while revenue fell 27%.

$23k in 2023 to $24k in 2024.
  • Chief Executive Officer pay fell 19% from 2023 to 2024.
  • Chief Operating Officer pay rose 5% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

ALDERSBRIDGE FOUNDATION (FKA UNITED METHODIST ELDER CARE FOUNDATION) reported revenue and expenses across 2 filing years.

RevenueExpenses
$21k
$47k
2023
$15k
$1.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Health Care executives earn in Rhode Island

Comparable health care organizations in Rhode Island pay their highest-earning executive a median of $151,085.

25th percentile
$85k
Median
$151,085
75th percentile
$307k
90th percentile
$925k

These are health care sector-wide figures, not this organization's reported pay. Based on 79 organizations across 79 filings (2023 – 2024).

See full Health Care pay data for Rhode Island
FAQ

Common questions about ALDERSBRIDGE FOUNDATION (FKA UNITED METHODIST ELDER CARE FOUNDATION)

What does the Chief Financial Officer of ALDERSBRIDGE FOUNDATION (FKA UNITED METHODIST ELDER CARE FOUNDATION) earn?

In 2024, the Chief Financial Officer of ALDERSBRIDGE FOUNDATION (FKA UNITED METHODIST ELDER CARE FOUNDATION) received $24,339 in total compensation. This pay is in the bottom quarter for Chief Financial Officer roles among Health Care organizations nationwide, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Financial Officer pay at ALDERSBRIDGE FOUNDATION (FKA UNITED METHODIST ELDER CARE FOUNDATION) compare with similar nonprofits?

Compared with the same role at Health Care organizations nationwide, the 2024 pay of the Chief Financial Officer at ALDERSBRIDGE FOUNDATION (FKA UNITED METHODIST ELDER CARE FOUNDATION) falls between the 10th and 25th percentiles. In 2024, the highest total compensation at ALDERSBRIDGE FOUNDATION (FKA UNITED METHODIST ELDER CARE FOUNDATION) equaled 2% of the organization's total expenses. The median for health care organizations is 4%.

What are ALDERSBRIDGE FOUNDATION (FKA UNITED METHODIST ELDER CARE FOUNDATION)'s revenue and expenses?

In 2024, ALDERSBRIDGE FOUNDATION (FKA UNITED METHODIST ELDER CARE FOUNDATION) reported $15k in total revenue and $1.1M in total expenses on its IRS Form 990.

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