Overview
What is Marillac Residence Inc?
Marillac Residence Inc, located at 125 Oakland Street, Wellesley, MA 02481, is a nonprofit organization dedicated to supporting the elderly and retired individuals. Their mission is to provide compassionate and caring service, creating an environment where everyone feels welcome and respected. They operate a 76-bed residential care facility, focusing on the well-being of their residents. The organization adheres to five pillars of wellness: intellectual, social, spiritual, physical, and emotional. They offer various opportunities for learning, social engagement, religious expression, and personal development, aiming to maximize residents' independence and promote a sense of accomplishment. Safety, health, and wellness are top priorities, with rooms renovated in 2013 to encourage independence and enhance safety features. Marillac Residence Inc strives to provide a meaningful quality of life for its residents.
What are the reviews and ratings of this charity?
79% (Three-Star out of Four Star Rating)
Marillac Residence Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The overall score is based entirely on the Accountability & Finance category, reflecting the organization's commitment to transparent financial practices and governance.
The organization excels in several areas, including having a fully independent board and no material diversion of assets, which points to robust oversight. They also score well in key policies such as conflict of interest, whistleblower protection, and document retention. Additionally, a significant portion of their expenses (85.80%) is dedicated to their programs, demonstrating a focus on fulfilling their mission.
However, Marillac Residence Inc faces a challenge with a liabilities-to-assets ratio that is notably high at 114.43%. This may indicate potential financial risk that could affect future operations or sustainability. Overall, while the organization shows strong governance and programmatic spending, attention to its financial liabilities will be essential moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Marillac Residence Inc legitimate?
Marillac Residence Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marillac Residence 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: $116,833
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,203,612
For more financial information, click here
What is the mission statement of Marillac Residence Inc?
Marillac Residence Inc's mission is centered around providing compassionate and welcoming care to its elderly and retired residents. This mission translates into operating a 76-bed residential facility where individuals are treated with respect and feel at home. The residence promotes the concept of 'aging in place,' offering programs and services based on five pillars of wellness: intellectual, social, spiritual, physical, and emotional. Marillac Residence encourages learning, social engagement, religious expression, and participation in social justice activities, among other things. The goal is to enhance residents' independence, providing them with a sense of accomplishment, well-being, and confidence in their ability to maintain a meaningful quality of life. Renovations completed in 2013, such as enlarging rooms and adding ensuite bathrooms, further encourage resident independence while prioritizing safety, health, and wellness.
Who is the CEO of Marillac Residence Inc?
Roberta Kerins Sc is the Administrator (Through 9/22) of Marillac Residence Inc.
What is the revenue of Marillac Residence Inc?
Marillac Residence Inc's revenue in 2022 was $6,250,518.
Who are the executives of Marillac Residence Inc and what are their salaries?
The average compensation at Marillac Residence Inc during 2022 was $34,634. There are 67 employees and 10 volunteers at Marillac Residence Inc.
Here are 24 key members and their salaries:
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- Other: $12,306
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- Other: $4,175
- Compensation: $101,716
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- Other: $22,932
- Compensation: $100,147
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- Other: $7,346
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Where can I find the form 990 for Marillac Residence Inc?
Marillac Residence Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Marillac Residence Inc
Marillac Residence Inc, a nonprofit organization, is dedicated to providing a compassionate and welcoming atmosphere for the elderly and retired sisters in its care. The mission of Marillac Residence calls upon its staff to offer caring service and create an environment where all individuals are respected and valued. This residential care facility, housing 76 beds, promotes the concept of "aging in place," allowing residents to remain in the facility as long as it is safe for them to do so.
Marillac Residence's programs and services are based on the five pillars of wellness: intellectual, social, spiritual, physical, and emotional. The organization offers various opportunities for learning, social engagement, religious expression, and global justice activities. Physical activities are encouraged, and residents are given opportunities for personal development. The goal of Marillac Residence is to maximize the residents' independence, providing a sense of accomplishment, well-being, and confidence in their ability to maintain a meaningful quality of life.
Renovations completed in 2013 have further encouraged resident independence. Rooms were enlarged, and en-suite bathrooms were added. All rooms now feature call bells, and residents are provided with lifeline pendants for use within the building. Safety, health, and wellness are the top priorities at Marillac Residence, ensuring that the elderly and retired sisters receive the highest level of care and support.
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Impact
July, 2024
Marillac Residence Inc provides compassionate and caring services to create an atmosphere where all individuals, especially the elderly and retired sisters, feel welcome and respected. By promoting "aging in place" for as long as it is safe for the residents, Marillac Residence maximizes independence and enhances wellbeing through programs and services based on the five pillars of wellness: intellectual, social, spiritual, physical, and emotional.
The organization's impact is seen through its commitment to offering opportunities for learning, social engagement, religious expression, physical activity, and personal development. The renovation completed in 2013 further supports resident independence and safety, ensuring that residents have the necessary support and resources to maintain a meaningful quality of life.
Overall, Marillac Residence Inc's impact lies in its dedication to providing quality care, promoting independence, and fostering a sense of accomplishment and confidence among its residents, contributing to their overall wellbeing and quality of life.
This information is meant to be a general summary of Marillac Residence 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.
- Program Service Revenue: $4,771,560
- Gross Receipts: $6,250,518
Assets and Liabilities:
- Total Assets: $6,949,932
- Total Liabilities: $7,953,274
- Net Assets: -$1,003,342
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SERVICE REVENUE
Revenue
$4,771,560
Organization Details
Founding Year
1999
Phone
(781) 237-2161Principal Officer
Roberta Kerins Sc
Main Address
125 OAKLAND STREET, WELLESLEY, MA, 02481
NTEE Category
Code: P75 - Human services
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