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Massachusetts Adoption Resource Exchange Inc

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

EIN: 042227431 ✦ Newton, MA ✦ Designated as a 501(c)(3)

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Overview

What is Massachusetts Adoption Resource Exchange Inc?

Massachusetts Adoption Resource Exchange Inc is a nonprofit organization that devotedly works towards finding permanent homes for children in foster care within Massachusetts, specifically focusing on sibling groups and children who are often harder to place. They accomplish this by matching children with prospective adoptive parents, offering valuable information about children awaiting adoption, and advocating for families throughout the adoption process. The organization acts as the Commonwealth's central clearinghouse for adoption information and referrals, aiming to identify suitable matches between children and potential families, thereby contributing to their mission of providing a "permanent place to call home" for children in need.


Official website here: www.mareinc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Four-Star out of Four Stars (99%)

Massachusetts Adoption Resource Exchange Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of transparency and efficiency in its operations. The organization received a perfect score in Accountability & Finance, showcasing its strong governance practices, including a fully independent board and comprehensive financial oversight. Additionally, it maintains a healthy liabilities to assets ratio, demonstrating fiscal responsibility.

The charity's commitment to feedback collection and usage is notable, with a perfect score in these areas, indicating that it actively seeks and incorporates stakeholder input into its programs. The Culture & Community score of 95 reflects a positive organizational environment that supports equity strategies, which is critical for a nonprofit focused on adoption and child welfare.

While the Accountability & Finance score is exemplary, the lower weight assigned to the Culture & Community score in the overall rating suggests that there may be areas for improvement in community engagement or outreach. Nevertheless, the organization appears well-positioned to continue its important work in facilitating adoptions and supporting children in need.


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

What do the Facebook reviews say about Massachusetts Adoption Resource Exchange Inc?

98% of 37 reviewers on Facebook recommend this charity. Here is a summary of their reviews:

Many users express heartfelt gratitude for the support and services provided by Massachusetts Adoption Resource Exchange Inc. One reviewer shared their positive experience of adopting a child who was featured as a "Wednesday's Child," highlighting the blessings that came from working with MARE, Inc.

Overall, the sentiment surrounding the nonprofit is overwhelmingly positive, with many appreciating the impactful role MARE plays in the adoption process and the lives of families. The organization is recognized for its dedication to helping children find loving homes, reflecting a strong commitment to its mission.


This AI summary has been generated from reviews found on Facebook.

Is Massachusetts Adoption Resource Exchange Inc legitimate?

Massachusetts Adoption Resource Exchange Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Massachusetts Adoption Resource Exchange 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: $134,766
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,179,006

For more financial information, click here


Official website here: www.mareinc.org

What is the mission statement of Massachusetts Adoption Resource Exchange Inc?

Massachusetts Adoption Resource Exchange Inc's mission is centered around finding permanent homes for children in foster care, particularly sibling groups and those who are typically harder to place. They achieve this by recruiting, educating, supporting, and advocating for families throughout the adoption process. The organization targets its recruitment efforts towards attracting potential parents for specific children. As the commonwealth's central clearinghouse for adoption information and referral, Massachusetts Adoption Resource Exchange Inc works to identify matches between children and families.


Official website here: www.mareinc.org

What is the revenue of Massachusetts Adoption Resource Exchange Inc?

Massachusetts Adoption Resource Exchange Inc's revenue in 2023 was $1,869,280.


Official website here: www.mareinc.org

Who are the executives of Massachusetts Adoption Resource Exchange Inc and what are their salaries?

The average compensation at Massachusetts Adoption Resource Exchange Inc during 2023 was $62,561. There are 21 employees and 150 volunteers at Massachusetts Adoption Resource Exchange Inc.

Here are 15 key members and their salaries:


Tracy Aronson (Co-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Mcninch (Co-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Briggs (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelli Powell (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bridget Chiaruttini (Executive Director)
  • Compensation: $115,410
  • Related: $0
  • Other: $2,610
Dana Lehman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Lacasse (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Yamin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele Benkis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carly Burton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jinnie Reed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Lyon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Cotreau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Gellar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Eisenstadt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mareinc.org

Where can I find the form 990 for Massachusetts Adoption Resource Exchange Inc?

Massachusetts Adoption Resource Exchange Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.mareinc.org

Learn more at the official website: www.mareinc.org

Mission Statement of Massachusetts Adoption Resource Exchange Inc

Massachusetts Adoption Resource Exchange, a renowned organization, is dedicated to finding permanent homes for children in foster care, including sibling groups and those who are typically harder to place. By recruiting, educating, supporting, and advocating for families throughout the adoption process, they aim to create a permanent place for these children to call home. The Massachusetts Adoption Resource Exchange serves as the central clearinghouse for adoption information and referrals in the commonwealth, identifying matches between children and potential families. The organization targets its recruitment efforts to attract parents for specific children, demonstrating its commitment to finding suitable homes for each child in its care.

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Impact




July, 2024

Massachusetts Adoption Resource Exchange Inc has a significant impact by finding adoptive homes for children in foster care in Massachusetts. Through their dedicated efforts, they match children with potential adoptive parents and provide information on children awaiting adoption, including those in sibling groups and children who are traditionally harder to place. By recruiting, educating, supporting, and advocating for families throughout the adoption process, they work towards their mission of providing "a permanent place to call home" for these vulnerable children. Their work as the central clearinghouse for adoption information and referral in the Commonwealth plays a crucial role in identifying matches between children and families, ultimately changing the lives of these children for the better.




This information is meant to be a general summary of Massachusetts Adoption Resource Exchange 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
$1,869,280 (2023)
Expenses
$1,910,480 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $849,673
  • Gross Receipts: $1,904,414

Assets and Liabilities:

  • Total Assets: $778,210
  • Total Liabilities: $134,505
  • Net Assets: $643,705

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Programs

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

FEES AND CONTRACTS FRO

Revenue

$849,673

Organization Details

Founding Year

1957

Principal Officer

Bridget Chiaruttini

NTEE Category

Code: P31 - Human services

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