Berlin Retirement Homes Inc

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

EIN: 042631015 ✦ Berlin, MA ✦ Designated as a 501(c)(3)

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Overview

What is Berlin Retirement Homes Inc?

Berlin Retirement Homes Inc is a nonprofit organization situated in Berlin, Massachusetts, specifically at 135 Pleasant Street. Their primary mission is to provide affordable housing for the elderly and disabled community. This mission is fulfilled through the operation of a building consisting of 40 units. The organization is dedicated to owning and managing low to moderate income housing, ensuring that the elderly and disabled population have access to suitable living accommodations.

Is Berlin Retirement Homes Inc legitimate?

Berlin Retirement Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Berlin Retirement Homes 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,738

For more financial information, click here

What is the mission statement of Berlin Retirement Homes Inc?

Berlin Retirement Homes Inc is committed to owning and managing low to moderate income housing for the elderly and disabled. Their mission is to provide a living space that caters to this specific demographic, ensuring they have access to suitable housing options. The organization operates 40 units of such housing, offering a residential solution for this group of individuals. By offering this service, Berlin Retirement Homes Inc aims to contribute positively to the well-being and independence of the elderly and disabled population.

Who is the CEO of Berlin Retirement Homes Inc?

Thomas Sharon is the President of Berlin Retirement Homes Inc.

What is the revenue of Berlin Retirement Homes Inc?

Berlin Retirement Homes Inc's revenue in 2022 was $138,978.

Who are the executives of Berlin Retirement Homes Inc and what are their salaries?

There 9 volunteers at Berlin Retirement Homes Inc.


Here are 9 key members and their salaries:


Thomas Sharon (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Sharon (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruth Blandin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Aurelio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Blair (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Doerr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Galano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rajpreet Sidhu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Tretiak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Berlin Retirement Homes Inc?

Berlin Retirement Homes Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Berlin Retirement Homes Inc

Berlin Retirement Homes Inc is dedicated to providing affordable housing options for the elderly and disabled individuals. This nonprofit organization's primary mission is to own and operate low to moderate income housing units, catering specifically to this vulnerable demographic. By doing so, Berlin Retirement Homes Inc contributes to ensuring that these individuals have a safe and comfortable living space, which is essential for their well-being and independence. The organization currently manages 40 such units, providing a total of 40 homes where elderly and disabled individuals can reside.

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Impact




October, 2024

Berlin Retirement Homes Inc plays a crucial role in providing essential housing solutions for the elderly and disabled populations in Berlin, MA. By owning and operating low to moderate-income housing, the organization addresses a significant need for affordable and accessible living arrangements for vulnerable residents.

With a focus on creating an inclusive community, the forty units they manage offer a supportive environment, promoting dignity and quality of life for its residents. This initiative not only alleviates housing insecurity but also fosters social connections among residents, enhancing their overall well-being.

Moreover, Berlin Retirement Homes Inc contributes to the local economy by creating jobs and fostering a supportive community atmosphere. Overall, their impact extends beyond mere housing; they facilitate a nurturing environment that supports independence and enriches the lives of those they serve.




This information is meant to be a general summary of Berlin Retirement Homes 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
$138,978 (2022)
Expenses
$135,698 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $64
  • Program Service Revenue: $138,914
  • Gross Receipts: $138,978

Assets and Liabilities:

  • Total Assets: $1,299,410
  • Total Liabilities: $1,552,423
  • Net Assets: -$253,013

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Programs

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

RENTAL INCOME

Revenue

$138,914

Organization Details

Founding Year

1977

Principal Officer

Thomas Sharon

Main Address

135 PLEASANT STREET, BERLIN, MA, 01503

NTEE Category

Code: L22 - Housing

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