Overview
What is Mi Nursing Restorative Center Inc?
Mi Nursing Restorative Center Inc is a nonprofit organization based in Lawrence, Massachusetts, with an address at 172 Lawrence Street. The Center focuses on catering to the needs of the elderly population in its community, offering nursing and quality-of-life services. In 2022, they operated a 231-bed skilled nursing facility, providing skilled nursing care, rehabilitation services, dietary support, laundry, and housekeeping services, as well as various social activities. During the same tax year, they took over the management of the assets and operations of two related organizations for a limited time. Their mission is to provide compassionate care and dignity to the health, social, and spiritual needs of well, sick, and frail elders, extending supportive presence and programs to their residents' families. The organization employs a total of 345 people, upholding core values that include compassion, competence, and collaboration.
Official website here: www.mihcs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Mi Nursing Restorative Center Inc has achieved an impressive 96% rating from Charity Navigator, reflecting its strong commitment to accountability and finance. This high score is derived from a comprehensive evaluation of its financial practices, demonstrating a well-maintained organization with a high level of transparency.
The nonprofit features an independent board composed of 90% independent members, which contributes to its robust governance. Additionally, the organization has established effective policies, including a conflict of interest policy and a whistleblower policy, all of which are in place to ensure ethical operations. Furthermore, the absence of any material diversion of assets highlights its dedication to proper resource management.
Despite the strengths in governance and financial management, the feedback does not specifically address service outcomes or community impact, which are critical for assessing the overall effectiveness of a nonprofit's mission. However, the high program expense ratio of 83.33% indicates a significant portion of funds is directed toward its programs, suggesting a focus on delivering services to those in need.
This AI summary has been generated from information found on Charity Navigator.
Is Mi Nursing Restorative Center Inc legitimate?
Mi Nursing Restorative Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mi Nursing Restorative Center 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: $206,603
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,806,568
For more financial information, click here
Official website here: www.mihcs.org
What is the mission statement of Mi Nursing Restorative Center Inc?
Mi Nursing Restorative Center Inc. is dedicated to addressing the health, social, and spiritual needs of elderly individuals. With compassion and dignity, the Center responds to the requirements of both well and infirm elders. Additionally, it extends a supportive presence and programs to the families of residents. The delivery of high-quality services is accomplished by upholding core values that encompass compassion, competence, and collaboration.
Official website here: www.mihcs.org
Who is the CEO of Mi Nursing Restorative Center Inc?
Gerard Foley is the President & Ceo (Start 8/2022) of Mi Nursing Restorative Center Inc. The CEO's salary of Mi Nursing Restorative Center Inc is $129,388 and their total compensation is $139,027.
Official website here: www.mihcs.org
What is the revenue of Mi Nursing Restorative Center Inc?
Mi Nursing Restorative Center Inc's revenue in 2022 was $16,330,713.
Official website here: www.mihcs.org
Who are the executives of Mi Nursing Restorative Center Inc and what are their salaries?
The average compensation at Mi Nursing Restorative Center Inc during 2022 was $26,125. There are 345 employees and 9 volunteers at Mi Nursing Restorative Center Inc.
Here are 16 key members and their salaries (Mi Nursing Restorative Center Inc's CEO's salary is $129,388 and their total compensation is $139,027):
- Compensation: $58,153
- Related: $228,685
- Other: $31,606
- Compensation: $129,388
- Related: $0
- Other: $9,639
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $159,327
- Related: $0
- Other: $25,212
- Compensation: $152,177
- Related: $0
- Other: $14,096
- Compensation: $114,865
- Related: $0
- Other: $20,244
- Compensation: $109,155
- Related: $0
- Other: $9,150
- Compensation: $106,608
- Related: $0
- Other: $3,769
Official website here: www.mihcs.org
Where can I find the form 990 for Mi Nursing Restorative Center Inc?
Mi Nursing Restorative Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mihcs.org
Learn more at the official website: www.mihcs.org
Mission Statement of Mi Nursing Restorative Center Inc
Mi Nursing Restorative Center Inc is dedicated to addressing the health, social, and spiritual needs of elders with compassion and dignity. The mission of this organization is to provide quality services that respond to the unique requirements of well, sick, and frail elderly individuals. By embracing core values of compassion, competence, and collaboration, Mi Nursing Restorative Center Inc goes beyond basic care, offering a supportive presence and programs to the families of its residents as well.
In their pursuit to make a positive impact on the lives of elders, Mi Nursing Restorative Center Inc prioritizes the well-being of its clients in every aspect. The organization's team of caregivers is committed to delivering care with compassion, ensuring that each elder is treated with the dignity they deserve. Furthermore, Mi Nursing Restorative Center Inc extends its support not only to the elderly residents but also to their families, recognizing the importance of their involvement in their loved ones' care.
By focusing on the holistic needs of elders, Mi Nursing Restorative Center Inc aims to promote their overall well-being and improve their quality of life. Through its compassionate, competent, and collaborative approach, the Center offers a sanctuary where elders can receive the care they need to thrive.
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Impact
October, 2024
Mi Nursing Restorative Center Inc significantly impacts the lives of elders in its community by addressing their health, social, and spiritual needs with compassion and dignity. The Center operates a 231-bed skilled nursing facility that provides comprehensive eldercare, including skilled nursing care, rehabilitation services, dietary support, and essential housekeeping services.
In addition to its core services, the Center offers a wide range of social activities that enhance the quality of life for residents, fostering a sense of community and belonging. By taking over the management of related organizations, the Center has expanded its reach and capacity to serve the elderly population more effectively.
Moreover, Mi Nursing Restorative Center Inc is dedicated to supporting the families of residents, ensuring that they receive the assistance they need during challenging times. The Center's commitment to compassion, competence, and collaboration underscores its mission, making a meaningful difference in the health and well-being of both its residents and the larger Lawrence, MA community.
This information is meant to be a general summary of Mi Nursing Restorative Center 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: -$971,820
- Program Service Revenue: $17,251,630
- Gross Receipts: $19,041,399
Assets and Liabilities:
- Total Assets: $46,736,310
- Total Liabilities: $2,166,983
- Net Assets: $44,569,327
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Patient Services
Revenue
$17,251,630
Organization Details
Founding Year
1875
Phone
(978) 685-6321Principal Officer
Gerard Foley
Main Address
172 Lawrence Street, Lawrence, MA, 01841
Website
www.mihcs.orgNTEE Category
Code: E910 - Health
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