Overview
What is Edgewood Retirement Community Inc?
Edgewood Retirement Community Inc is a nonprofit organization located at 575 Osgood Street, North Andover, MA 01845, consisting of 217 residential units, 24 cottages, common space, 59 nursing care beds, and 40 assisted living beds. The community is operated under the "Life Care" concept, requiring a one-time entrance fee and monthly service fees for the use and privileges of the community for life. Edgewood also manages The Woodlands Inn, an enhanced living facility with 40 units. As a continuing care retirement community, Edgewood Retirement Community Inc offers independent living, healthcare, and supportive services to empower its members to be architects of their own well-being. Edgewood's mission is to create a caring culture with passionate attention to individual needs and values. The organization employs a total of 404 individuals.
Official website here: www.edgewoodrc.com
Is Edgewood Retirement Community Inc legitimate?
Edgewood Retirement Community Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Edgewood Retirement Community 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.
Here are some key statistics you may want to consider:
Executive Compensation: $1,076,740
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,285,139
For more financial information, click here
What is the mission statement of Edgewood Retirement Community Inc?
Edgewood Retirement Community Inc strives to empower its members to be in charge of their own well-being by providing independent living, healthcare, and supportive services. They are dedicated to creating a caring culture with a passionate focus on individual needs and values. The community consists of 217 residential units, cottages, common spaces, 59 nursing care beds, and 40 assisted living beds. Edgewood operates under the "Life Care" concept, which requires a one-time entrance fee and monthly service fees, granting residents the use and privileges of the community for life. Furthermore, the Woodlands Inn, an enhanced living facility comprised of 40 units, is also part of the community.
Official website here: www.edgewoodrc.com
Who is the CEO of Edgewood Retirement Community Inc?
Marlene Rotering is the President/Ceo of Edgewood Retirement Community Inc. The CEO's salary of Edgewood Retirement Community Inc is $625,797 and their total compensation is $686,073.
Official website here: www.edgewoodrc.com
What is the revenue of Edgewood Retirement Community Inc?
Edgewood Retirement Community Inc's revenue in 2022 was $28,502,846.
Official website here: www.edgewoodrc.com
Who are the executives of Edgewood Retirement Community Inc and what are their salaries?
The average compensation at Edgewood Retirement Community Inc during 2022 was $25,648. There are 404 employees and 22 volunteers at Edgewood Retirement Community Inc.
Here are 26 key members and their salaries (Edgewood Retirement Community Inc's CEO's salary is $625,797 and their total compensation is $686,073):
- Marlene Rotering (President/Ceo) [Trustee/Director]
- Jane Sullivan (Cfo)
- Robert Coppola (Project Manager)
- Melissa Kampersal (Executive Director)
- Roza Khan (House Manager)
- David Botte (Administrator)
- Mary Nogueras (Staff Development Coordinator)
- George Auclair (Trustee (As Of 2/22))
- Bette Barbadoro (Trustee)
- Michael Consoli (Trustee)
- Michael Hawkins (Trustee (As Of 4/22))
- Paul Hedstrom (Trustee)
- Marlene Hoyt (Trustee)
- Swaitha Maripuri (Trustee (As Of 4/22))
- Hugo Overduput (Trustee)
- Donald Piccirillo (Trustee)
- Sayeeda Rahman Md (Trustee)
- Richard Sumberg (Trustee)
- Michael Tule (Trustee (As Of 4/22))
- Henry White (Trustee)
- Hollis Young (Trustee (As Of 6/22))
- Serena Caperonis (Pres. Res. Ass. (As Of 1/22)) [Trustee/Director]
- Thomas Smith (Chairman (As Of 6/22)) [Trustee/Director]
- Elliot Hacker (Treasurer) [Trustee/Director]
- Camille Miragliotta Daly (Secretary) [Trustee/Director]
- Timothy Vail (Chairman (Thru 6/22)) [Trustee/Director]
Official website here: www.edgewoodrc.com
Where can I find the form 990 for Edgewood Retirement Community Inc?
The Edgewood Retirement Community Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.edgewoodrc.com
Learn more at the official website: www.edgewoodrc.com
Mission Statement of Edgewood Retirement Community Inc
Edgewood Retirement Community Inc, a continuing care retirement community, is dedicated to offering independent living, healthcare, and supportive services to its members. By doing so, Edgewood empowers its residents to be the architects of their own well-being. This mission is pursued with a relentless commitment to creating a caring culture that pays close attention to individual needs and values.
The community, which consists of 217 residential units, 24 cottages, common space, 59 nursing care beds, and 40 assisted living beds, operates under the "Life Care" concept. This agreement requires a one-time entrance fee and monthly service fees, providing residents with the use and privileges of the community for life. Edgewood Retirement Community Inc also manages The Woodlands Inn, an enhanced living facility composed of 40 units.
As a part of its commitment to its residents, Edgewood Retirement Community Inc focuses on fostering a caring environment and individualized attention. With a wide range of services available, the community caters to the various needs of its members, ensuring they can age comfortably and securely. The team at Edgewood is passionate about providing exceptional care and support, enabling its residents to live their best lives.
Impact
This information is meant to be a general summary of Edgewood Retirement Community Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Edgewood Retirement Community Inc impacts the lives of seniors in North Andover, MA by providing a holistic approach to senior living through its continuing care retirement community. With a focus on the "life care" concept, Edgewood offers a range of residential units, nursing care beds, assisted living beds, and enhanced living facilities. By empowering its residents to be architects of their own well-being, Edgewood strives to create a caring culture that addresses individual needs and values. In doing so, Edgewood Retirement Community plays a vital role in supporting the health and independence of seniors in the community.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
IND. LIVING UNIT RESIDENT SERVICE
Revenue
$17,574,251
HEALTH CTR RESIDENT SERVICES FEES
Revenue
$4,298,309
ENHANCED LIVING SERVICES
Revenue
$3,620,413
ENTRANCE FEES
Revenue
$1,507,460
Organization Details
Founding Year
1993
Phone
(978) 725-3300
Principal Officer
Marlene Rotering
Main Address
575 OSGOOD STREET, NORTH ANDOVER, MA, 01845
Website
www.edgewoodrc.com
NTEE Category
Code: P750 - Human services
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