Overview
What is Mary Queen Of Angels Inc?
Mary Queen of Angels Inc is a nonprofit organization situated in Nashville, Tennessee, with a 98-unit assisted living and Alzheimer's care facility. Their primary mission is to cater to the elderly residents' physical, social, and psychological needs through various facilities, such as recreation, instruction, and education. They aim to develop, acquire, construct, and maintain buildings and properties for this purpose, ensuring a high-quality living experience. With a workforce of 140 individuals, the organization is dedicated to enhancing the well-being and comfort of its residents.
What are the reviews and ratings of this charity?
94% rating from Charity Navigator indicates that Mary Queen Of Angels Inc has received a Four-Star out of Four Star rating, showcasing strong performance in accountability and finance. This high score reflects the organization’s commitment to transparency and sound financial practices.
The organization boasts a fully independent board, comprising 13 members, which enhances its governance structure. Additionally, it has received top marks for having a comprehensive audit and oversight committee, as well as policies in place for conflict of interest, whistleblower protections, and document retention, which further reinforce its accountability.
One of the notable strengths is the organization’s program expense ratio of 81.90%, indicating that a significant portion of its expenses is directed towards its programs. However, while the overall financial health appears robust, the liabilities to assets ratio of 50.56% suggests some level of financial leverage that stakeholders might want to monitor.
This AI summary has been generated from information found on Charity Navigator.
Is Mary Queen Of Angels Inc legitimate?
Mary Queen Of Angels Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mary Queen Of Angels 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: $430,077
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,232,688
For more financial information, click here
What is the mission statement of Mary Queen Of Angels Inc?
Mary Queen of Angels Inc's mission is centered around providing quality assisted living and Alzheimer's care. Their objectives include developing, acquiring, constructing, and maintaining facilities that cater to the recreational, instructional, educational, and psychological needs of elderly residents. The organization aims to administer to the physical, social, and psychological needs of these residents, ensuring a high standard of care. By doing so, Mary Queen of Angels Inc seeks to create an environment that promotes the overall well-being and improvement of the elderly residents under their care.
Who is the CEO of Mary Queen Of Angels Inc?
Richard Borofski is the Trustee of Mary Queen Of Angels Inc. The CEO's salary of Mary Queen Of Angels Inc is $220,002 and their total compensation is $241,115.
What is the revenue of Mary Queen Of Angels Inc?
Mary Queen Of Angels Inc's revenue in 2022 was $6,500,734.
Who are the executives of Mary Queen Of Angels Inc and what are their salaries?
The average compensation at Mary Queen Of Angels Inc during 2022 was $19,020. There are 140 employees at Mary Queen Of Angels Inc.
Here are 16 key members and their salaries (Mary Queen Of Angels Inc's CEO's salary is $220,002 and their total compensation is $241,115):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $141,112
- Related: $0
- Other: $21,637
- Compensation: $220,002
- Related: $0
- Other: $21,113
Where can I find the form 990 for Mary Queen Of Angels Inc?
Mary Queen Of Angels Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mary Queen Of Angels Inc
Mary Queen of Angels Inc is committed to a mission that involves developing, acquiring, constructing, and maintaining buildings and property to establish a high-quality assisted living and Alzheimer's care facility. This facility is designed to cater to the elderly residents, encompassing various amenities such as recreational areas, instructional spaces, educational centers, and facilities to address their physical, social, and psychological needs. By administering to these needs, the organization strives to provide a supportive environment for the elderly residents of the facility, ensuring their overall well-being.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Mary Queen of Angels Inc's impact can be seen in its operation and maintenance of a 98-unit assisted living/Alzheimer care facility in Nashville, Tennessee. The organization provides essential services such as recreation, instruction, education, and care to meet the physical, social, and psychological needs of elderly residents. Through its mission to provide quality facilities for the elderly, Mary Queen of Angels Inc plays a vital role in supporting and enhancing the lives of senior citizens in the community.
This information is meant to be a general summary of Mary Queen Of Angels 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.
- Investment Income: $647,001
- Program Service Revenue: $5,443,559
- Gross Receipts: $6,516,172
Assets and Liabilities:
- Total Assets: $17,679,308
- Total Liabilities: $6,283,280
- Net Assets: $11,396,028
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENTIAL RENTAL INC
Revenue
$5,350,119
BEAUTY SHOP INCOME
Revenue
$40,952
CAMPUS FOOD SERVICE
Revenue
$31,163
FACILITY INCOME
Revenue
$13,946
NURSING SERVICES INCOM
Revenue
$7,379
Organization Details
Founding Year
1999
Phone
(615) 760-4424Principal Officer
Richard Borofski
Main Address
34 WHITE BRIDGE PIKE, NASHVILLE, TN, 37205
NTEE Category
Code: X20 - Religion related
If you are a representative of Mary Queen Of Angels Inc 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.