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The Bostonian Foundation Inc C/O Bane Care Management

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

EIN: 201897201 ✦ Braintree, MA ✦ Designated as a 501(c)(3)

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Overview

What is The Bostonian Foundation Inc C/O Bane Care Management?

The Bostonian Foundation Inc C/O Bane Care Management is a charitable corporation based in Braintree, Massachusetts. Specifically located at 350 Granite Street 2200, this nonprofit organization primarily provides supporting services to a related organization. This support comes in the form of owning and leasing a 121-bed nursing facility known as The Bostonian Nursing and Rehabilitation Center to Metro Health Foundation Massachusetts, Inc., a nonprofit organization based in Georgia. The Bostonian Foundation's mission focuses on aiding this related organization, contributing to the healthcare sector and supporting the well-being of individuals who utilize the nursing facility.

Is The Bostonian Foundation Inc C/O Bane Care Management legitimate?

The Bostonian Foundation Inc C/O Bane Care Management is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Bostonian Foundation Inc C/O Bane Care Management 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: $0

For more financial information, click here

What is the mission statement of The Bostonian Foundation Inc C/O Bane Care Management?

The Bostonian Foundation Inc, overseen by Bane Care Management, is a charitable organization with a mission to provide supporting services. Specifically, it offers its assistance through the ownership and leasing of a nursing facility, known as the Bostonian Nursing and Rehabilitation Center, to Metro Health Foundation Massachusetts Inc, a Georgia-based not-for-profit charitable corporation. This partnership allows the Bostonian Foundation to contribute to the healthcare services provided by Metro Health Foundation, thereby fulfilling its role in supporting a related organization.

Who is the CEO of The Bostonian Foundation Inc C/O Bane Care Management?

Jason Geisinger is the President of The Bostonian Foundation Inc C/O Bane Care Management.

What is the revenue of The Bostonian Foundation Inc C/O Bane Care Management?

The Bostonian Foundation Inc C/O Bane Care Management's revenue in 2022 was $499,189.

Who are the executives of The Bostonian Foundation Inc C/O Bane Care Management and what are their salaries?

There 5 volunteers at The Bostonian Foundation Inc C/O Bane Care Management.


Here are 6 key members and their salaries:


Jason Geisinger (President)
  • Compensation: $0
  • Related: $19,250
  • Other: $0
Savino Magaletta (Secretary (Starting 9/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Neagle (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Cohen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maryanne Peabody (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Geisinger (Secretary (Until 9/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Bostonian Foundation Inc C/O Bane Care Management?

The Bostonian Foundation Inc C/O Bane Care Management's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Bostonian Foundation Inc C/O Bane Care Management

The Bostonian Foundation Inc C/O Bane Care Management is a Massachusetts-based not-for-profit charitable corporation that carries out a mission of providing supporting services to a related organization. In essence, this foundation aids another entity, Metro Health Foundation Massachusetts, Inc., a Georgia-based not-for-profit charitable corporation, by owning and leasing a nursing facility known as The Bostonian Nursing and Rehabilitation Center. This center accommodates 121 beds, offering essential care and rehabilitation services to its residents. By performing this role, The Bostonian Foundation Inc C/O Bane Care Management contributes to the overall well-being of the related organization and the individuals it serves.

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Impact




October, 2024

The Bostonian Foundation Inc C/O Bane Care Management significantly enhances healthcare services in the Braintree, MA area by leasing a 121-bed nursing facility, The Bostonian Nursing and Rehabilitation Center, to Metro Health Foundation Massachusetts, Inc. This strategic operation not only supports the mission of providing essential medical and rehabilitative care to the community but also ensures that the facility is efficiently managed and equipped to meet the needs of its residents. By owning and leasing this facility, the foundation plays a crucial role in maintaining high standards of patient care and supporting the wellness of individuals requiring long-term care and rehabilitation. Its impact is felt in improved access to necessary health services, contributing to the overall well-being of the population it serves.




This information is meant to be a general summary of The Bostonian Foundation Inc C/O Bane Care Management. 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
$499,189 (2022)
Expenses
$980,489 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $74
  • Program Service Revenue: $499,115
  • Gross Receipts: $499,189

Assets and Liabilities:

  • Total Assets: $5,175,972
  • Total Liabilities: $10,978,966
  • Net Assets: -$5,802,994

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Programs

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

LEASE REVENUE

Revenue

$499,115

Organization Details

Founding Year

2004

Principal Officer

Jason Geisinger

Main Address

350 GRANITE STREET 2203, BRAINTREE, MA, 02184

NTEE Category

Code: E119 - Health

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