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.
