Overview
What is Maine Life Care Retirement Community Inc?
Maine Life Care Retirement Community Inc, also known as Piper Shores, is a Scarborough, Maine-based nonprofit organization. Located at 15 Piper Road, they provide a secure and comprehensive living solution for older adults, offering services from independent living to skilled nursing care. Their community consists of 160 independent living units, 40 cottages, 50 assisted living units, and 40 skilled nursing beds. The mission of Maine Life Care is to enrich the lives of its residents by offering a continuum of high-quality care and diverse programs. The organization employs a team of 316 individuals, focusing on helping seniors reach their full potential and maintain an engaging retirement lifestyle.
Official website here: www.pipershores.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 79%, Three-Star out of Four Star rating.
Maine Life Care Retirement Community Inc has received a Three-Star rating based on its Accountability & Finance score of 79%. This rating indicates that the organization demonstrates a reasonable level of transparency and financial health. The score is derived entirely from the Accountability & Finance beacon, which highlights the charity's commitment to good governance and responsible financial practices.
Notable strengths include a fully independent board of directors, with 14 independent members and excellent scores for financial oversight, including a well-managed audit and oversight committee. The organization adheres to strong policies regarding conflicts of interest, whistleblower protections, and document retention, contributing positively to its overall evaluation. Furthermore, a significant proportion of its expenses (68.39%) goes directly to programs, indicating a focus on its mission.
However, one area of concern is the organization's liabilities-to-assets ratio, which stands at 109.96%. This figure suggests that the organization may have more liabilities than assets, which could affect its future financial stability. While the overall accountability mechanisms are strong, addressing this financial aspect will be crucial for improving sustainability and future ratings.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Maine Life Care Retirement Community Inc?
96% of 19 reviewers on Facebook recommend Maine Life Care Retirement Community Inc. Here's a summary of their experiences:
The community is praised for its friendly and supportive staff, creating a welcoming atmosphere for residents. Many appreciate the diverse range of engaging activities available, contributing to a fulfilling lifestyle. The well-designed facilities and a quality restaurant have also been highlighted as key features that enhance daily life.
Overall, the reviews indicate a strong sense of satisfaction among residents and their families, emphasizing the safe environment and the positive impact of the services offered by the community.
This AI summary has been generated from reviews found on Facebook.
Is Maine Life Care Retirement Community Inc legitimate?
Maine Life Care Retirement Community Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maine Life Care Retirement Community Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $580,050
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,251,031
For more financial information, click here
Official website here: www.pipershores.org
What is the mission statement of Maine Life Care Retirement Community Inc?
Maine Life Care Retirement Community Inc, also known as Piper Shores, is dedicated to delivering a vibrant retirement living experience. The community aims to help each resident reach their full potential by offering a continuum of top-quality care and services. Piper Shores fosters a diverse and enriching environment, connecting residents to innovative programs and services that enhance their lives. The mission is to enable seniors to live their best years with optimal care and opportunities for personal growth. The community's commitment extends beyond basic care, focusing on fostering meaningful connections and experiences to maintain residents' overall well-being.
Official website here: www.pipershores.org
Who is the CEO of Maine Life Care Retirement Community Inc?
Frank Chessa is the Director of Maine Life Care Retirement Community Inc. The CEO's salary of Maine Life Care Retirement Community Inc is $243,351 and their total compensation is $259,371.
Official website here: www.pipershores.org
What is the revenue of Maine Life Care Retirement Community Inc?
Maine Life Care Retirement Community Inc's revenue in 2022 was $24,416,383.
Official website here: www.pipershores.org
Who are the executives of Maine Life Care Retirement Community Inc and what are their salaries?
The average compensation at Maine Life Care Retirement Community Inc during 2022 was $31,111. There are 316 employees and 25 volunteers at Maine Life Care Retirement Community Inc.
Here are 24 key members and their salaries (Maine Life Care Retirement Community Inc's CEO's salary is $243,351 and their total compensation is $259,371):
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- Compensation: $243,351
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- Compensation: $151,247
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- Other: $3,094
Official website here: www.pipershores.org
Where can I find the form 990 for Maine Life Care Retirement Community Inc?
Maine Life Care Retirement Community Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pipershores.org
Learn more at the official website: www.pipershores.org
Mission Statement of Maine Life Care Retirement Community Inc
Maine Life Care Retirement Community, also known as Piper Shores, is dedicated to enhancing the retirement experience for its residents. By providing a continuum of top-notch care, the organization enables each resident to reach their utmost potential. Piper Shores goes beyond the ordinary retirement community by fostering a rich and diverse environment filled with innovative programs and services.
In simple terms, Maine Life Care Retirement Community's mission is to enrich the lives of its residents by offering a range of high-quality care and services. The organization is committed to helping each individual realize their optimum potential, ensuring a vibrant and fulfilling retirement lifestyle. Piper Shores creates opportunities for residents to connect with one another and engage in innovative initiatives that cater to their unique needs and interests. These efforts contribute to a rich and diverse living experience that sets Piper Shores apart and allows its residents to thrive.
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Impact
August, 2024
Maine Life Care Retirement Community Inc, also known as Piper Shores, has a significant impact on the lives of senior residents in SCARBOROUGH, ME. This continuing care retirement community provides a safe and secure home environment for its residents, offering independent living options as well as continued health care services for the remainder of their lives. With a range of housing options including independent living units, cottages, assisted living units, and skilled nursing beds, Maine Life Care Retirement Community Inc ensures that residents can age in place with dignity and quality care.
The organization's mission to offer a vibrant retirement living lifestyle that enriches residents through high-quality care and services is evident in its commitment to cultivating diverse life experiences and providing innovative programs and services. By creating a supportive and engaging community for older adults, Maine Life Care Retirement Community Inc positively impacts the well-being and quality of life of its residents, helping them realize their optimum potential during their retirement years.
This information is meant to be a general summary of Maine Life Care Retirement Community Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,793,525
- Program Service Revenue: $22,618,108
- Gross Receipts: $28,542,557
Assets and Liabilities:
- Total Assets: $169,329,865
- Total Liabilities: $186,206,581
- Net Assets: -$16,876,716
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Resident services
Revenue
$22,569,707
Miscellaneous Revenue
Revenue
$48,401
Organization Details
Founding Year
1995
Phone
(207) 883-8700Principal Officer
Frank Chessa
Main Address
15 Piper Road, Scarborough, ME, 04074
Website
www.pipershores.orgNTEE Category
Code: L22 - Housing
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