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July 1, 2024

Sturbridge nonprofit merges with Webster firm to create $66M human services agency

PHOTO/MATT WRIGHT Mike Hyland, the president and CEO of Venture Community Services

Sturbridge-based human services nonprofit Venture Community Services on Monday merged with Life-Skills, a Webster-based services provider for those with intellectual, physical, and emotional disabilities.

The newly combined entity will manage an annual operating budget of $66 million with more than 1,000 employees, offering services to nearly 600 individuals throughout the state, according to a Monday press release from Venture Community Services.

Mike Hyland, president and CEO of Venture, will maintain his titles of the merged organization as Tom Amick, CEO of Life-Skills, will retire following a 38-year tenure with the provider.

“This merger represents an exciting time for Venture and Life-Skills,” Hyland said in the release. “It allows us to grow together in forming an elite human services agency that is innovative, impactful, and successful.”

Following the merger, Venture plans to bolster its existing programs, create new initiatives, and foster a workforce adept at meeting the evolving needs of the organization’s clientele. 

“Our board is so excited about the opportunity to create a single organization that is even stronger than its individual parts and will continue to provide consistently high levels of service to individuals in need,” Donna Peters, president of Venture’s board of directors, said in the release.

Venture generated nearly $44.7 million in revenue and had $31.4 million in assets in 2023 while Life-Skills generated nearly $19 million in revenue and had $11.8 million in assets, according to nonprofit financial tracking service GuideStar. Life-Skills is organized under the name Southern Worcester County Rehabilitation Center, Inc. and does business as Life-Skills.

Mica Kanner-Mascolo is a staff writer at Worcester Business Journal, who primarily covers the healthcare and diversity, equity, and inclusion industries.

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