The Not-for-Profit Difference

The Not-for-Profit Difference

Governed by volunteer boards of directors, the primary purpose of a not-for-profit organization is to address a community need.

Standing the Test of Time
Playing a crucial role in American society for more than 250 years has earned not-for-profit organizations the trust of their local communities and the respect of the entire nation.  Established by religious, ethnic and other fraternal organizations, many not-for-profit aging services organizations have existed in the same communities for generations, offering a stability that fosters peace of mind for both older Americans and their families.  In fact many Massachusetts not-for-profits have been around for more than 100 years.  Not-for-profits are far less likely to sell or close due to fluctuations in the economy.

Mission-Driven Values
Not-for-profit organizations manage their financial resources in accordance with their missions.  Many of these housing and service providers were founded by faith-based and civic groups of rich tradition, and their long-standing values are reflected in their governance and management.  They are not driven by daily pressure to increase their “bottom line” for owners, investors or shareholders.  This is why non-profit long term care providers have been found on average to have more nursing staff than for-profit providers and have been found on average to have better scores on annual state inspections compared with for-profit providers.  Quality, not earnings, is the barometer of a not-for-profit organization’s efforts.

Leadership and Innovation
Massachusetts not-for-profit providers embrace innovative care approaches that value, enable and empower consumers and caregivers.  Not-for-profits have been leaders in the transformation of this field, always striving to meet the evolving needs and expectations of consumers.


 

 
LeadingAge Massachusetts
246 Walnut Street, Suite 203
Newton, MA 02460
617-244-2999
office@LeadingAgeMA.org