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St Francis Of Assisi Residences At Braintree Ii Inc

Independence Manor 2

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

EIN: 042646737 ✦ Braintree, MA ✦ Designated as a 501(c)(3)

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Overview

What is St Francis Of Assisi Residences At Braintree Ii Inc?

St. Francis of Assisi Residences at Braintree II Inc. is a nonprofit organization situated in Braintree, Massachusetts. The primary focus of this organization is to offer subsidized housing to low and moderate-income elderly and disabled individuals. They manage a 50-unit apartment complex, where 47 residents benefited from supportive services during the recent fiscal year. The organization strives to provide a safe, clean, and affordable living environment, complete with supportive services and meals to assist the elderly and disabled residents. Additionally, the program offers recreational and nutritional activities to uplift the residents' well-being. Known as Independence Manor 2, the nonprofit aims to create a comfortable living space for its residents.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 75% (Three-Star out of Four Star rating)

St. Francis of Assisi Residences at Braintree II Inc has received a Three-Star rating from Charity Navigator, reflecting an overall score of 75%. This rating is primarily based on the organization's accountability and finance practices, showcasing a strong commitment to transparency and responsible financial management. The organization has an independent board with a significant majority, indicating robust governance practices.

The financial oversight mechanisms in place are commendable, as evidenced by their perfect scores in areas such as audit and oversight committee functions, material diversion of assets, and adherence to conflict of interest policies. Additionally, the program expense ratio is high at 87.36%, suggesting that a substantial portion of funds is directed towards the organization's charitable activities.

However, while the accountability score is solid, the overall rating indicates room for improvement in areas beyond finance. Future evaluations may benefit from insights into the effectiveness of the programs themselves and the impact they have on the community served.


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

Is St Francis Of Assisi Residences At Braintree Ii Inc legitimate?

St Francis Of Assisi Residences At Braintree Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Francis Of Assisi Residences At Braintree Ii 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: $29,684
Professional Fundraising Fees: $0
Other Salaries and Wages: $197,729

For more financial information, click here

What is the mission statement of St Francis Of Assisi Residences At Braintree Ii Inc?

St. Francis Of Assisi Residences At Braintree II Inc's mission is centered around providing subsidized housing for low and moderate income elderly and disabled individuals. The organization ensures the availability of a safe and sanitary housing complex, keeping affordability in mind. The mission also extends to offering supportive services and meals to assist the elderly and disabled residents. Recreational and nutritional activities are provided to enhance the lifestyle of the residents. During the fiscal year 2022, the organization served 50 residents, with 47 of them receiving supportive services.

Who is the CEO of St Francis Of Assisi Residences At Braintree Ii Inc?

Kathleen Barker is the Exec. Dir./P of St Francis Of Assisi Residences At Braintree Ii Inc.

What is the revenue of St Francis Of Assisi Residences At Braintree Ii Inc?

St Francis Of Assisi Residences At Braintree Ii Inc's revenue in 2022 was $1,005,929.

Who are the executives of St Francis Of Assisi Residences At Braintree Ii Inc and what are their salaries?


Here are 10 key members and their salaries:


Kathleen Barker (Exec. Dir./P)
  • Compensation: $0
  • Related: $64,788
  • Other: $2,028
Paul Agnew (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Agnitti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Barakat (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Berardinelli (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leo Egan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Graham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darrin Mcauliffe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Muldoon (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Quintiliani (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for St Francis Of Assisi Residences At Braintree Ii Inc?

St Francis Of Assisi Residences At Braintree Ii 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 Ii Inc

St. Francis of Assisi Residences at Braintree II Inc is a nonprofit organization with a mission to provide subsidized housing for low and moderate income elderly and disabled individuals. The organization aims to offer a safe, sanitary, and affordable housing complex equipped with supportive services to assist these elders. The program also includes recreational and nutritional activities to enrich the lives of its residents. During the fiscal year ending June 30, 2022, the residences housed 50 individuals, with 47 of them receiving supportive services.

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Impact




July, 2024

St Francis Of Assisi Residences At Braintree II Inc's impact can be seen in the provision of subsidized housing to low and moderate-income elderly and disabled individuals in the community. By offering a safe, sanitary, and affordable housing complex with supportive services and meal plans, the organization plays a vital role in assisting elders to live comfortably and independently. Additionally, the program's recreational and nutritional activities benefit the residents, contributing to their overall well-being. Through owning a fifty-unit apartment complex and serving 50 residents, with the majority receiving supportive services, the organization fulfills its mission of providing much-needed housing support to vulnerable populations in Braintree, MA.




This information is meant to be a general summary of St Francis Of Assisi Residences At Braintree Ii 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
$1,005,929 (2022)
Expenses
$849,479 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,762
  • Program Service Revenue: $417,375
  • Gross Receipts: $1,005,929

Assets and Liabilities:

  • Total Assets: $1,641,641
  • Total Liabilities: $2,567,635
  • Net Assets: -$925,994

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Programs

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

RENTAL INCOME

Revenue

$277,987

MEAL PROGRAM INCOME

Revenue

$88,381

RESIDENT SERVICE INCOME

Revenue

$45,306

LAUNDRY INCOME

Revenue

$5,701

Organization Details

Founding Year

1978

Principal Officer

Kathleen Barker

Main Address

53 INDEPENDENCE AVENUE, BRAINTREE, MA, 02184

NTEE Category

Code: L210 - Housing

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