Overview
What is Masonicare At Mystic Inc?
Masonicare At Mystic Inc., established in 2014 as a Connecticut-based nonprofit, serves as both the owner and manager of Senior Living by Masonicare, LLC. This affiliated entity provides assisted living, including memory care, and independent living services for the elderly. The nonprofit, exempt from federal income tax under Section 501(c)(3), owns a significant portion of Senior Living by Masonicare, LLC, with the remainder owned by Mystic Senior Living Associates, LLC. The 179-unit assisted living facility, situated in Mystic, Connecticut, welcomed its first residents in November 2016. As of the fiscal year ending in September 2022, the occupancy rates for independent and assisted living were 95.96% and 86.25%, respectively. With a workforce of 153 employees, Masonicare At Mystic Inc. is dedicated to enhancing the quality of life for the elderly in its care.
Official website here: www.masonicare.org
Is Masonicare At Mystic Inc legitimate?
Masonicare At Mystic Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Masonicare At Mystic 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Masonicare At Mystic Inc?
Masonicare at Mystic Inc., established as a 501(c)(3) non-profit corporation in 2014, serves as the owner and manager of Senior Living by Masonicare, LLC. Its primary objective is to provide assisted living, including memory care, and independent living services for the elderly. The Internal Revenue Service has recognized Masonicare at Mystic Inc. as a tax-exempt public charity. The corporation's significant ownership in Senior Living by Masonicare, LLC, enables it to manage a 179-unit assisted living facility that opened in Mystic, Connecticut, in 2016. Masonicare at Mystic Inc. is dedicated to enhancing the living experiences of the elderly, offering them a supportive and nurturing environment.
Official website here: www.masonicare.org
What is the revenue of Masonicare At Mystic Inc?
Who are the executives of Masonicare At Mystic Inc and what are their salaries?
Here are 21 key members and their salaries (Masonicare At Mystic Inc's CEO's salary is $0 and their total compensation is $757,743):
- Jon-Paul Venoit (President And Ceo, Assistant Secretary)
- Steven D Beaulieu (Cfo & Assistant Treasurer)
- Lauren Dubuque (Executive Director Senior Living By Masonicare)
- Peter Morris (Former Vice President Of Residential Services)
- Celeste Zerbarini (Director Alsa Senior Living By Masonicare (Thru 03/15/22))
- Christopher J Earle (Vice Chairman) [Trustee/Director]
- Newton Buckner (Treasurer) [Trustee/Director]
- Patrick Birney (Secretary) [Trustee/Director]
- Robert F Polito Jr (Chairman) [Trustee/Director]
- Bonnie Mcwain (Director)
- Bruce R Bellmore (Director)
- Edward C Page (Director (Effective 04/01/2022))
- Joseph J Porco (Director)
- Kevin J Hecht (Director)
- Laura Michnowski (Director)
- Mark Winne (Director)
- Robert J Furce (Director)
- Susan Koty (Director)
- Thaddeus M Stewart (Director)
- Theodore J Nelson (Director)
- William E Bohman (Director (Thru 04/01/22))
Official website here: www.masonicare.org
Where can I find the form 990 for Masonicare At Mystic Inc?
The Masonicare At Mystic Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.masonicare.org
Learn more at the official website: www.masonicare.org
Mission Statement of Masonicare At Mystic Inc
Masonicare at Mystic Inc., established as a Connecticut non-profit corporation in January 2014, was formed with a mission to serve as both the owner and manager of Senior Living by Masonicare, LLC. This mission encompasses providing assisted living, including memory care, and independent living for the elderly. The Internal Revenue Service recognized Masonicare at Mystic Inc. as a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code and classified it as a public charity under Code Section 509(a)(2). The corporation's mission is centered around supporting the elderly by acquiring properties and managing senior living facilities that cater to their unique needs, ensuring a comfortable and secure living environment for them.
Impact
This information is meant to be a general summary of Masonicare At Mystic Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Wednesday, July 24, 2024
Masonicare At Mystic Inc's impact is primarily focused on providing high-quality assisted living (including memory care assisted living) and independent living services to the elderly through its management of Senior Living by Masonicare, LLC (SLM). The facility in Mystic, Connecticut, offers a total of 179 units, including independent living apartments and assisted living apartments. With a strong occupancy rate, Masonicare At Mystic Inc plays a crucial role in meeting the housing and care needs of seniors in the area. Their mission to serve as a public charity under Section 501(c)(3) reflects their commitment to providing essential human services to the elderly population.
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.
Management Fees
Revenue
$563,389
Organization Details
Founding Year
2014
Phone
(860) 415-2500
Main Address
PO Box 70, Wallingford, CT, 06492
Website
www.masonicare.org
NTEE Category
Code: P20 - Human services
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