Overview
What is Maryland Masonic Homes Ltd?
Maryland Masonic Homes Ltd is a nonprofit organization in Cockeysville, Maryland, dedicated to serving members of the Grand Lodge of Ancient Free and Accepted Masons of Maryland and their spouses. They offer a continuing care retirement community, providing a range of living accommodations from independent residences to assisted living and skilled nursing beds, accompanied by related services. The organization's mission is to ensure a life-care retirement community for its members, offering comfort and assistance as their needs change. Their team consists of 344 employees.
Official website here: www.mdmasonichomes.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 92%
Maryland Masonic Homes Ltd has achieved a Four-Star out of Four Star rating on Charity Navigator, reflecting a high level of accountability and financial health. The charity's overall score is derived entirely from its strong Accountability & Finance score of 92%, indicating effective management of resources and transparency in operations. This rating suggests that donors can trust the organization to use their contributions wisely.
The organization demonstrates several strengths, including a fully independent board, which scores 8 out of 8 points, and a robust financial oversight system. The absence of any material diversion of assets further enhances its credibility, with a solid program expense ratio of 86.89%, indicating that a significant portion of funds is directed towards its core mission. Additionally, the charity has established comprehensive policies for document retention and conflict of interest.
However, there is a noted limitation regarding the absence of a whistleblower policy, which received a score of 0 out of 4 points. While this does not significantly detract from the overall financial performance, it suggests an area for improvement in governance practices. Overall, Maryland Masonic Homes Ltd presents itself as a reliable nonprofit with strong financial accountability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Maryland Masonic Homes Ltd?
100% of reviewers on Facebook recommend Maryland Masonic Homes Ltd. Here is a summary of their reviews:
Visitors express a strong affection for the facility, noting that it is a wonderful place filled with friendly and caring people. The positive environment and the warm interactions contribute to an overall pleasant experience during visits.
The consistent praise suggests that the nonprofit successfully provides a positive atmosphere that resonates well with both residents and their guests, highlighting its commitment to creating a welcoming community.
This AI summary has been generated from reviews found on Facebook.
Is Maryland Masonic Homes Ltd legitimate?
Maryland Masonic Homes Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maryland Masonic Homes Ltd 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: $8,721,263
For more financial information, click here
Official website here: www.mdmasonichomes.org
What is the mission statement of Maryland Masonic Homes Ltd?
Maryland Masonic Homes Ltd is a continuing care retirement community dedicated to providing a life-care retirement solution for members of the Grand Lodge of Ancient Free and Accepted Masons of Maryland and their spouses. The organization offers a range of services including independent residential accommodations, assisted living accommodations and services, and skilled nursing beds along with related services. The community's mission is to establish a secure living environment for its members, ensuring they receive the care they need as their requirements change over time. The organization aims to enhance the quality of life for its residents, allowing them to age gracefully with the necessary support and care.
Official website here: www.mdmasonichomes.org
Who is the CEO of Maryland Masonic Homes Ltd?
Kenneth R Taylor is the Grand Master/President of Maryland Masonic Homes Ltd.
Official website here: www.mdmasonichomes.org
What is the revenue of Maryland Masonic Homes Ltd?
Maryland Masonic Homes Ltd's revenue in 2022 was $24,089,914.
Official website here: www.mdmasonichomes.org
Who are the executives of Maryland Masonic Homes Ltd and what are their salaries?
The average compensation at Maryland Masonic Homes Ltd during 2022 was $25,353. There are 344 employees at Maryland Masonic Homes Ltd.
Here are 18 key members and their salaries:
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- Related: $67,894
- Other: $9,099
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- Compensation: $163,124
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- Other: $8,829
- Compensation: $147,170
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- Other: $5,195
- Compensation: $0
- Related: $116,797
- Other: $1,453
Official website here: www.mdmasonichomes.org
Where can I find the form 990 for Maryland Masonic Homes Ltd?
Maryland Masonic Homes Ltd's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mdmasonichomes.org
Learn more at the official website: www.mdmasonichomes.org
Mission Statement of Maryland Masonic Homes Ltd
Maryland Masonic Homes Ltd is a continuing care retirement community dedicated to providing a life-care retirement solution for members of the Grand Lodge of Ancient Free and Accepted Masons of Maryland and their spouses. This mission-driven organization takes pride in offering a range of living arrangements and services tailored to its members, ensuring they can age gracefully within a supportive community.
The Maryland Masonic Homes Ltd community caters to older adults, providing independent residential accommodations for those who require minimal assistance. For those who need additional support, the organization offers assisted living accommodations and services. Furthermore, skilled nursing beds and related services are available for members who may require more intensive care. Overall, the Maryland Masonic Homes Ltd strives to meet the diverse needs of its members, providing them with peace of mind and the assurance that they will receive the care they need as their requirements change over time.
By creating an inclusive, welcoming environment, the Maryland Masonic Homes Ltd seeks to enhance the quality of life for its members. Through its dedicated team of professionals, the community fosters social connections, encourages personal growth, and supports the emotional, physical, and spiritual well-being of its residents. As a result, the organization plays a vital role in enabling its members to age with dignity and independence, surrounded by a community that genuinely cares for their well-being.
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Impact
October, 2024
Maryland Masonic Homes Ltd significantly enhances the quality of life for its residents by offering a comprehensive continuing care retirement community tailored specifically for members of the Grand Lodge of Ancient Free and Accepted Masons of Maryland and their spouses. Located in Cockeysville, MD, the organization provides a range of services, including independent residential accommodations, assisted living arrangements, and skilled nursing care.
This model of life-care not only ensures that residents have access to various levels of support based on their needs but also fosters a sense of community among members who share a common bond. By prioritizing personalized services and social engagement, Maryland Masonic Homes Ltd plays a vital role in promoting the well-being and dignity of its residents throughout their retirement years. The supportive environment helps alleviate concerns related to aging and health, allowing residents to enjoy their later stages of life with confidence and comfort.
This information is meant to be a general summary of Maryland Masonic Homes Ltd. 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: $55,813
- Program Service Revenue: $12,633,900
- Gross Receipts: $24,089,914
Assets and Liabilities:
- Total Assets: $8,118,215
- Total Liabilities: $4,113,058
- Net Assets: $4,005,157
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT INCOME
Revenue
$12,556,029
MEDICAID SUPPLMENTAL FUNDING
Revenue
$53,789
AMORT. ENTRANCE FEES
Revenue
$24,082
Organization Details
Founding Year
2017
Phone
(410) 527-0600Principal Officer
Kenneth R Taylor
Main Address
304 INTERNATIONAL CIRCLE, COCKEYSVILLE, MD, 21030
Website
www.mdmasonichomes.orgNTEE Category
Code: L22 - Housing
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