Overview
What is Masonic Charity Foundation Of New Jersey?
The Masonic Charity Foundation of New Jersey is a nonprofit organization, established in 1930, dedicated to providing personalized services and compassionate care to Freemasons, their families, and members of the community. The foundation offers a range of services, primarily centered around retirement living and healthcare. These services encompass independent living apartments and cottages, assisted living, long-term nursing care, short-term sub-acute rehabilitation, and hospice services. The foundation's mission is inspired by the values and ideals of Freemasonry, aiming to promote the highest quality of life for its residents. The organization's operations include maintaining and administering charitable, benevolent, and retirement service-related endowments and funds. With a workforce of approximately 519 employees, the Masonic Charity Foundation of New Jersey provides critical services to those who meet specific criteria, bridging the gap between the cost of care and the payments received.
Official website here: www.njmasonic.org/
What are the reviews and ratings of this charity?
Charity Navigator rating: 81% (Three-Star out of Four Stars)
The Masonic Charity Foundation of New Jersey holds a Three-Star rating from Charity Navigator, reflecting a solid score of 81% based entirely on its Accountability & Finance performance. This indicates a strong commitment to financial responsibility, with 100% of its board members being independent, showcasing effective governance practices. The organization also demonstrates robust oversight with no material diversion of assets reported, which is a positive indicator of integrity and accountability.
The foundation excels in its financial management, with a program expense ratio of 85.75%, signifying that a significant portion of its resources is directed towards its mission-related activities. Furthermore, the charity maintains comprehensive policies around conflict of interest, whistleblower protections, and document retention, which contribute to its transparency and operational effectiveness. These attributes highlight a well-structured organization that prioritizes ethical standards and accountability in its operations.
However, the organization faces some challenges, particularly with its liabilities to assets ratio, scoring 0 out of 15 points, which may raise concerns regarding its financial stability. While the overall accountability framework appears strong, the high level of liabilities relative to its assets indicates potential financial risk that stakeholders should monitor.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Masonic Charity Foundation Of New Jersey?
94% of 53 reviewers on Facebook recommend the Masonic Charity Foundation of New Jersey. Here is a summary of their reviews:
Many patrons express high satisfaction with the care and services offered by the organization, particularly highlighting the attentive attitude of the team. One reviewer specifically noted the exceptional support provided to their family members, indicating that both the staff's listening skills and their commitment to quality care significantly enhance the experience for residents and their families.
Overall, it seems that the Masonic Charity Foundation of New Jersey genuinely delivers on its promise to provide compassionate and comprehensive care, making it a reliable choice for those seeking assistance for their loved ones.
This AI summary has been generated from reviews found on Facebook.
Is Masonic Charity Foundation Of New Jersey legitimate?
Masonic Charity Foundation Of New Jersey is a legitimate nonprofit organization registered as a 501(c)(3) entity. Masonic Charity Foundation Of New Jersey 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: $511,434
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,432,291
For more financial information, click here
Official website here: www.njmasonic.org/
What is the mission statement of Masonic Charity Foundation Of New Jersey?
The Masonic Charity Foundation of New Jersey, established in 1930, operates as a nonprofit corporation dedicated to providing personalized services and compassionate care to Freemasons, their families, and the community. The foundation's mission, inspired by the principles of Freemasonry, aims to promote the highest quality of life for its recipients. Through retirement living, healthcare services, and hospice care, the foundation delivers essential assistance. Its operations additionally involve managing endowments and funds for charitable, benevolent, and retirement services.
Official website here: www.njmasonic.org/
Who is the CEO of Masonic Charity Foundation Of New Jersey?
Anda Durso is the Chairman of Masonic Charity Foundation Of New Jersey.
Official website here: www.njmasonic.org/
What is the revenue of Masonic Charity Foundation Of New Jersey?
Masonic Charity Foundation Of New Jersey's revenue in 2022 was $37,973,121.
Official website here: www.njmasonic.org/
Who are the executives of Masonic Charity Foundation Of New Jersey and what are their salaries?
The average compensation at Masonic Charity Foundation Of New Jersey during 2022 was $28,793. There are 519 employees and 35 volunteers at Masonic Charity Foundation Of New Jersey.
Here are 22 key members and their salaries:
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- Compensation: $125,956
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- Other: $3,848
Official website here: www.njmasonic.org/
Where can I find the form 990 for Masonic Charity Foundation Of New Jersey?
Masonic Charity Foundation Of New Jersey's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.njmasonic.org/
Learn more at the official website: www.njmasonic.org/
Mission Statement of Masonic Charity Foundation Of New Jersey
The Masonic Charity Foundation of New Jersey, established in 1930, is a renowned nonprofit corporation dedicated to providing personalized services and compassionate care to Freemasons, their families, and the wider community. Inspired by the spirit, ideals, and values of Freemasonry, this organization strives to promote the highest quality of life for its beneficiaries.
The Masonic Charity Foundation's mission encompasses retirement living, healthcare services, and hospice services. Through these offerings, it seeks to enhance the lives of those it serves, reflecting the organization's commitment to charitable, benevolent, and retirement services. The Foundation meticulously manages endowments and funds, exclusively designated for charitable purposes, to ensure that it can continue delivering top-tier services to those in need.
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Impact
August, 2024
The Masonic Charity Foundation of New Jersey has a significant impact on the community by providing personalized services and compassionate care to promote the highest quality of life for Freemasons, families, and others in the community through retirement living, healthcare services, and hospice services. They offer senior housing and healthcare services in various settings, including independent living apartments, assisted living, long-term nursing care, and short-term sub-acute rehabilitation. Additionally, the foundation provides services to residents at amounts less than its cost of providing care, representing a level of benevolence that amounts to approximately $325,000. Their mission, inspired by the spirit, ideals, and values of Freemasonry, underscores their commitment to improving the well-being of individuals within their care.
This information is meant to be a general summary of Masonic Charity Foundation Of New Jersey. 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.
- Investment Income: $3,183,418
- Program Service Revenue: $32,115,686
- Gross Receipts: $59,813,831
Assets and Liabilities:
- Total Assets: $145,157,333
- Total Liabilities: $97,742,144
- Net Assets: $47,415,189
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NURSING CARE RESIDENT SERVICE REV
Revenue
$13,937,625
PERSONAL CARE RESIDENT SERVICE
Revenue
$9,398,643
RETIREMENT LIVING RESIDENT SERVIC
Revenue
$7,235,938
HOSPICE SERVICE
Revenue
$1,543,480
Organization Details
Founding Year
1898
Phone
(609) 239-3900Principal Officer
Anda Durso
Main Address
902 JACKSONVILLE RD, BURLINGTON, NJ, 08016
Website
www.njmasonic.org/NTEE Category
Code: T700 - Philanthropy
If you are a representative of Masonic Charity Foundation Of New Jersey and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.