Berkeley Retirement Home Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042104374 ✦ Lawrence, MA ✦ Designated as a 501(c)(3)

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Overview

What is Berkeley Retirement Home Inc?

Berkeley Retirement Home Inc, located at 150 Berkeley Street, Lawrence, Massachusetts, is a dedicated nonprofit organization. With a workforce of 80 employees, they operate a 44-bed nursing and retirement home, focusing on providing excellence in care. Their mission is to maintain and restore health, promote holistic wellness, alleviate suffering, and uphold the dignity of each individual resident. Their belief in the fullness of life is evident in their approach, ensuring that the facility serves as a home for all residents, fostering a sense of love and respect. Their mission statement resonates with the belief that a home is a place of love and expression, providing a sense of continuity throughout time.


Official website here: www.berkretirement.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star rating)

Berkeley Retirement Home Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. The organization scored 96% in the Accountability & Finance category, showcasing effective governance practices, including a board composed entirely of independent members and a robust oversight committee.

The nonprofit demonstrates responsible financial management with a low liabilities to assets ratio of 29.42% and a high program expense ratio of 85.60%. This indicates that a significant portion of its resources is directed towards its mission rather than administrative costs, which is a positive sign for potential donors and stakeholders.

No significant limitations or issues were reported regarding the organization's governance or financial practices, emphasizing its overall integrity. The presence of comprehensive policies, such as conflict of interest and whistleblower protections, further strengthens its credibility as a trusted nonprofit in the community.


This AI summary has been generated from information found on Charity Navigator.

Is Berkeley Retirement Home Inc legitimate?

Berkeley Retirement Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Berkeley Retirement Home 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: $86,089
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,782,841

For more financial information, click here


Official website here: www.berkretirement.com

What is the mission statement of Berkeley Retirement Home Inc?

Berkeley Retirement Home Inc's mission is centered around providing exceptional care, maintaining and restoring health, and promoting holistic wellness. The organization is deeply committed to alleviating suffering and upholding the belief in the fullness of life and the inherent dignity of every individual. In their words, a home at Berkeley Retirement Home Inc is more than just a physical space; it's a place where love for God and man has found expression, and it will continue to be so throughout all time.


Official website here: www.berkretirement.com

Who is the CEO of Berkeley Retirement Home Inc?

Diane Shikrallah is the President of Berkeley Retirement Home Inc.


Official website here: www.berkretirement.com

What is the revenue of Berkeley Retirement Home Inc?

Berkeley Retirement Home Inc's revenue in 2021 was $2,741,972.


Official website here: www.berkretirement.com

Who are the executives of Berkeley Retirement Home Inc and what are their salaries?

The average compensation at Berkeley Retirement Home Inc during 2021 was $23,362. There are 80 employees and 76 volunteers at Berkeley Retirement Home Inc.


Here are 16 key members and their salaries:


Diane Shikrallah (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Moriarty (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas J Howard (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Felci (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert K Larson (Clerk/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Eric Parthum (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Dawson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter J Caruso (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Connie Doto (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerome Jozak (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Santamaria (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Sweeney (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Dickie (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Rosati (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Perreault (Honorary Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rory Blinn (Administrator)
  • Compensation: $86,089
  • Related: $0
  • Other: $0


Official website here: www.berkretirement.com

Where can I find the form 990 for Berkeley Retirement Home Inc?

Berkeley Retirement Home Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.berkretirement.com

Learn more at the official website: www.berkretirement.com

Mission Statement of Berkeley Retirement Home Inc

Berkeley Retirement Home Inc is committed to upholding the highest standards of care, focusing on the maintenance and restoration of health, and promoting holistic wellness. This organization's mission is rooted in the belief that every individual deserves a life filled with dignity and the fullness of life. According to Berkeley Retirement Home Inc, a home is more than just a physical space; it's a sanctuary where love for God and humanity is expressed, and this sentiment is carried out throughout the organization's operations. The organization's dedication to relieving suffering and preserving the dignity of its residents is evident in its mission.

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Impact




July, 2024

Berkeley Retirement Home Inc's impact is profound in providing dedicated care, promoting holistic wellness, and maintaining the dignity of individuals in need of skilled nursing and retirement home services. Through their 44-bed facility in Lawrence, Massachusetts, they offer a nurturing and supportive environment that focuses on the excellence of care, health restoration, and relief of suffering. Their belief in the fullness of life and dignity of each individual is evident in their commitment to providing a home-like atmosphere where residents can thrive and receive the love and support they deserve. In essence, Berkeley Retirement Home Inc's impact lies in enhancing the quality of life for those in their care, creating a space where residents can feel truly valued and respected.




This information is meant to be a general summary of Berkeley Retirement Home 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.

Revenue
$2,741,972 (2021)
Expenses
$3,106,698 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $68,470
  • Program Service Revenue: $2,655,302
  • Gross Receipts: $2,964,922

Assets and Liabilities:

  • Total Assets: $2,045,687
  • Total Liabilities: $558,266
  • Net Assets: $1,487,421

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Skilled nursing facility

Revenue

$2,465,842

Organization Details

Founding Year

1942

Principal Officer

Diane Shikrallah

Main Address

150 Berkeley Street, Lawrence, MA, 01841

NTEE Category

Code: L22 - Housing

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