Overview
What is St Francis Of Assisi Residences At Braintree Inc?
St. Francis of Assisi Residences at Braintree Inc., also known as Independence Manor, is a nonprofit organization situated in Braintree, Massachusetts. The primary mission of this organization is to offer subsidized housing to low and moderate-income elderly and disabled individuals, enabling them to "age in place." It operates a 95-unit apartment building, providing a secure, clean, and affordable living complex with supportive services to assist its residents. In 2022, the organization catered to 105 residents, with 54 benefiting from its meals and extended care program, further enhancing their overall health and well-being through recreational, educational, and nutritional activities. The organization currently employs 29 individuals, committed to fostering a safe and nurturing environment for its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star rating
St. Francis of Assisi Residences at Braintree Inc has achieved a strong rating of 90% from Charity Navigator, indicating a high level of accountability and financial health. This score is derived entirely from the Accountability & Finance beacon, reflecting the organization's commitment to transparency and responsible management of resources.
The organization benefits from excellent governance practices, as evidenced by its largely independent board, which comprises 90% independent members. Additionally, the charity has received full marks in various financial aspects, including an audit of financial statements and a favorable liabilities-to-assets ratio, showcasing a stable financial footing. The high program expense ratio also suggests that a significant portion of its funding is directed towards its charitable activities.
While the data highlights numerous strengths, it does not indicate any major limitations. The absence of material diversion of assets and a clear conflict of interest policy further reinforce the organization’s integrity. Overall, the charity demonstrates a strong commitment to effective financial management and governance.
This AI summary has been generated from information found on Charity Navigator.
Is St Francis Of Assisi Residences At Braintree Inc legitimate?
St Francis Of Assisi Residences At Braintree Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Francis Of Assisi Residences At Braintree 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: $32,132
Professional Fundraising Fees: $0
Other Salaries and Wages: $142,789
For more financial information, click here
What is the mission statement of St Francis Of Assisi Residences At Braintree Inc?
St. Francis of Assisi Residences at Braintree Inc. is committed to providing subsidized housing for low and moderate income elderly and disabled individuals. They offer a safe, sanitized, and affordable housing complex equipped with supportive services to enable elders to age in place. The organization hosts recreational, educational, and nutritional activities to promote the overall health and well-being of the elderly population. Their mission involves offering a charitable purpose of providing low and moderate rental housing, with 105 residents benefiting from their meals and extended care program in 2022, among whom 54 individuals directly benefited from their program offerings.
Who is the CEO of St Francis Of Assisi Residences At Braintree Inc?
Kathleen Barker is the Exec. Dir./P of St Francis Of Assisi Residences At Braintree Inc.
What is the revenue of St Francis Of Assisi Residences At Braintree Inc?
St Francis Of Assisi Residences At Braintree Inc's revenue in 2022 was $1,083,281.
Who are the executives of St Francis Of Assisi Residences At Braintree Inc and what are their salaries?
The average compensation at St Francis Of Assisi Residences At Braintree Inc during 2022 was $6,032. There are 29 employees at St Francis Of Assisi Residences At Braintree Inc.
Here are 10 key members and their salaries:
- Compensation: $67,645
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- Other: $3,180
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- Compensation: $0
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- Other: $0
Where can I find the form 990 for St Francis Of Assisi Residences At Braintree Inc?
St Francis Of Assisi Residences At Braintree Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of St Francis Of Assisi Residences At Braintree Inc
St. Francis of Assisi Residences at Braintree Inc. is dedicated to providing subsidized housing for low and moderate-income elderly and disabled individuals. Their mission involves operating a safe, sanitary, and affordable housing complex, offering supportive services to assist these individuals in aging comfortably in their own living spaces. The organization believes in the importance of community and well-being, offering recreational, educational, and nutritional activities to enhance the overall health and lifestyle of its residents.
In 2022, St. Francis of Assisi Residences at Braintree Inc. served 105 residents. Among these, 54 individuals benefited from the organization's meals and extended care program, demonstrating the comprehensive nature of their services. By providing affordable housing with supportive services, this nonprofit organization enables elderly and disabled individuals to maintain their independence, fostering a sense of community and promoting overall well-being.
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Impact
July, 2024
St. Francis of Assisi Residences at Braintree Inc's impact can be seen in the provision of subsidized housing to low and moderate-income elderly residents. By offering a safe, sanitary, and affordable housing complex with supportive services, the organization enables elders to age in place with dignity and care. The programs implemented by the organization, including recreational, educational, and nutritional activities, contribute to the overall health and well-being of the elderly population. With a focus on providing low and moderate rental housing to the elderly and disabled, the organization plays a crucial role in meeting the housing needs of this demographic. In 2022, the organization served 105 residents, with 54 individuals benefitting from the meals and extended care program. Through its mission to provide subsidized housing and supportive services, St. Francis of Assisi Residences at Braintree Inc positively impacts the lives of elderly individuals in the community.
This information is meant to be a general summary of St Francis Of Assisi Residences At Braintree 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: $200
- Program Service Revenue: $1,083,081
- Gross Receipts: $1,083,281
Assets and Liabilities:
- Total Assets: $2,439,139
- Total Liabilities: $354,470
- Net Assets: $2,084,669
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,016,670
RESIDENT SERVICES INCOME
Revenue
$59,855
LAUNDRY
Revenue
$4,049
MISCELLANEOUS
Revenue
$2,507
Organization Details
Founding Year
1972
Phone
(781) 848-8383Principal Officer
Kathleen Barker
Main Address
41 INDEPENDENCE AVENUE, BRAINTREE, MA, 02184
NTEE Category
Code: L22 - Housing
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