Overview
What is Mainstay Supportive Housing And Homecare Inc?
Mainstay Supportive Housing and Homecare Inc, located at 29 Craft Street in Newton, Massachusetts, is a nonprofit organization dedicated to supporting the elderly and disabled. Their mission is to provide assisted and supportive living services, ensuring a comfortable and secure environment for those in need. With a staff of 71 employees, they are committed to enhancing the lives of their clients by offering a range of services tailored to their unique needs.
Official website here: www.mainstayliving.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 82% (Three-Star out of Four Star rating)
Mainstay Supportive Housing and Homecare Inc has achieved a solid Three-Star rating, reflecting its commitment to accountability and effective management. The organization demonstrates strong financial practices with a Program Expense Ratio of 74.30%, indicating a significant portion of its revenue is directed towards its programs. Additionally, it has a fully independent board, which enhances governance and oversight.
The nonprofit excels in areas such as feedback collection and usage, scoring full points in these categories, which suggests a proactive approach to stakeholder engagement. However, challenges remain in gathering responses for feedback, indicating a potential area for improvement. The organization also scores well on various governance policies, including conflict of interest and whistleblower protections, contributing to its overall reliability and integrity.
Despite these strengths, the organization has room for growth in its equity strategies and policies, with a lower score in those areas. This may suggest that while Mainstay is making strides in inclusivity, there are gaps in the implementation of equity policies that could be addressed to enhance its overall effectiveness and community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Mainstay Supportive Housing And Homecare Inc legitimate?
Mainstay Supportive Housing And Homecare Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mainstay Supportive Housing And Homecare 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: $1,369,745
For more financial information, click here
Official website here: www.mainstayliving.org
What is the mission statement of Mainstay Supportive Housing And Homecare Inc?
The mission of Mainstay Supportive Housing and Homecare Inc is centered around offering assisted and supportive living services for the elderly and disabled. In essence, their goal is to enhance the lives of these individuals by providing essential care and assistance. By offering these services, they strive to improve the quality of life for those who need it most, ensuring they can live with dignity and independence.
Official website here: www.mainstayliving.org
Who is the CEO of Mainstay Supportive Housing And Homecare Inc?
Lawrence Oaks is the Director of Mainstay Supportive Housing And Homecare Inc.
Official website here: www.mainstayliving.org
What is the revenue of Mainstay Supportive Housing And Homecare Inc?
Mainstay Supportive Housing And Homecare Inc's revenue in 2023 was $2,317,802.
Official website here: www.mainstayliving.org
Who are the executives of Mainstay Supportive Housing And Homecare Inc and what are their salaries?
The average compensation at Mainstay Supportive Housing And Homecare Inc during 2023 was $19,292. There are 71 employees at Mainstay Supportive Housing And Homecare Inc.
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- Compensation: $225,095
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Official website here: www.mainstayliving.org
Where can I find the form 990 for Mainstay Supportive Housing And Homecare Inc?
Mainstay Supportive Housing And Homecare Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mainstayliving.org
Learn more at the official website: www.mainstayliving.org
Mission Statement of Mainstay Supportive Housing And Homecare Inc
Mainstay Supportive Housing and Homecare Inc, a nonprofit organization, is dedicated to providing assisted and supportive living services to the elderly and disabled. With a mission to cater to this specific demographic, the organization strives to enhance the quality of life for these individuals, ensuring they receive the care they need and deserve. By offering a range of support services, Mainstay Supportive Housing and Homecare Inc aims to create an environment where the elderly and disabled can live independently with the necessary assistance. This commitment to service underscores the organization's dedication to improving the lives of its beneficiaries.
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Impact
June, 2024
Mainstay Supportive Housing And Homecare Inc's impact is evident in the lives of the elderly and disabled individuals they serve. By providing assisted and supportive living services, the organization plays a crucial role in enhancing the quality of life for those in need. Their mission to support this vulnerable population demonstrates a commitment to promoting mental health and overall well-being within the community. Through their dedicated efforts in Newton, MA, Mainstay Supportive Housing And Homecare Inc positively impacts individuals by offering vital support services that enable them to live with dignity and independence.
This information is meant to be a general summary of Mainstay Supportive Housing And Homecare 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 2023.
- Program Service Revenue: $2,285,400
- Gross Receipts: $2,317,802
Assets and Liabilities:
- Total Assets: $1,301,347
- Total Liabilities: $1,698,608
- Net Assets: -$397,261
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE ELDERLY/DISABL
Revenue
$1,736,818
MANAGEMENT FEE
Revenue
$324,696
MISCELLANEOUS INCOME
Revenue
$163,772
RESIDENTIAL RENTALS
Revenue
$60,114
Organization Details
Founding Year
1999
Phone
(617) 789-4500Principal Officer
Lawrence Oaks
Main Address
29 CRAFTS STREET 260, NEWTON, MA, 02458
Website
www.mainstayliving.orgNTEE Category
Code: F33 - Mental health
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