Worcester-based nonprofit Easterseals Massachusetts has acquired The Bridge Center in Bridgewater.
The Bridge Center is a nonprofit organization, founded in 1963, worked to provide children and adults with disabilities the opportunity for recreation. It closed permanently in 2020 due to the COVID-19 pandemic, according to the Easterseals announced Friday.
Easterseals Massachusetts will gain The Bridge Center’s 22-acre campus, which includes an outdoor pool, playground, pond, equine center, and recreational fields. The acquisition was official on Sept. 8.
“For nearly 60 years, The Bridge Center ensured that children with disabilities had opportunities to play. Easterseals Massachusetts is excited to continue that legacy and to expand services to even more children and adults with disabilities, and Veterans, year-round,” Paul Medeiros, president and CEO of Easterseals Massachusetts, said in the Friday announcement.
The Bridge Center generated about $1 million in annual revenue and had $1.7 million in net assets as recently as 2018, the year of its last available filing to the U.S. Internal Revenue Service.
Easterseals Massachusetts has $20 million in annual revenue and had $15.5 million in net assets in 2021, according to its filings with the IRS.
