Overview
What is Mary Wade Residence Inc?
Mary Wade Residence Inc is a nonprofit organization situated in New Haven, Connecticut, specifically at 138 Clinton Avenue, ZIP code 06513. Their primary mission is to offer high-quality assisted living and memory care services to individuals in need, aiming to preserve their dignity and promote a thriving senior community. Chatham Place at Mary Wade, their main facility, opened on February 1, 2022, and includes 64 assisted living units and a secure 20-unit memory care section. As of September 30, 2022, the community was approximately 46% occupied, marking its initial phase of operation. The nonprofit's services aim to support the well-being and individuality of its residents, providing them with a safe and caring environment.
Official website here: www.chathamplace.org
Is Mary Wade Residence Inc legitimate?
Mary Wade Residence Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mary Wade Residence 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,827,936
For more financial information, click here
Official website here: www.chathamplace.org
What is the mission statement of Mary Wade Residence Inc?
Mary Wade Residence Inc is committed to providing high-quality assisted living and memory care services for individuals in need. Their mission is to maintain the residents' individuality in a dignified, caring, and thriving senior community. Chatham Place at Mary Wade, their facility, offers 64 assisted living units and a secure 20-unit memory care section. This organization started operations on February 1, 2022, and aims to provide a nurturing environment where seniors can live with dignity and enjoy their golden years. The focus is on preserving the residents' independence and enhancing their quality of life.
Official website here: www.chathamplace.org
Who is the CEO of Mary Wade Residence Inc?
David V Hunter is the Chair of Mary Wade Residence Inc. The CEO's salary of Mary Wade Residence Inc is $0 and their total compensation is $337,933.
Official website here: www.chathamplace.org
What is the revenue of Mary Wade Residence Inc?
Mary Wade Residence Inc's revenue in 2022 was $3,425,075.
Official website here: www.chathamplace.org
Who are the executives of Mary Wade Residence Inc and what are their salaries?
There 17 volunteers at Mary Wade Residence Inc.
Here are 19 key members and their salaries (Mary Wade Residence Inc's CEO's salary is $0 and their total compensation is $337,933):
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- Related: $284,594
- Other: $53,339
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- Related: $147,816
- Other: $27,273
Official website here: www.chathamplace.org
Where can I find the form 990 for Mary Wade Residence Inc?
Mary Wade Residence Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chathamplace.org
Learn more at the official website: www.chathamplace.org
Mission Statement of Mary Wade Residence Inc
Mary Wade Residence Inc, a dedicated organization, is committed to providing high-quality assisted living and memory care services. Their mission is to preserve the individuality of their residents, ensuring they live in a dignified, caring, and thriving senior community. The heart of their operations is Chatham Place at Mary Wade, which comprises 64 assisted living units and a secure 20-unit memory care section. This community, operational since February 2022, aims to offer an environment where seniors can maintain their independence while receiving the necessary support. The organization's goal is to foster a sense of community and well-being, enabling residents to lead fulfilling lives.
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Impact
July, 2024
Mary Wade Residence Inc's impact is evident in its mission to provide high-quality assisted living and memory care services to those in need. By maintaining the residents' individuality in a dignified, caring, and thriving senior community, Mary Wade Residence Inc is making a significant difference in the lives of seniors in New Haven, CT. The newly opened Chatham Place at Mary Wade offers 84 units, including 64 assisted living units and a secure 20-unit memory care section, catering to the specific needs of the residents. As of September 2022, the community was already 46% occupied, indicating a growing impact and fulfilling its mission to serve the aging population with compassion and support.
This information is meant to be a general summary of Mary Wade Residence 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.
- Program Service Revenue: $1,434,059
- Gross Receipts: $3,649,243
Assets and Liabilities:
- Total Assets: $34,457,731
- Total Liabilities: $36,485,283
- Net Assets: -$2,027,552
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSISTED LIVING
Revenue
$1,434,059
Organization Details
Founding Year
2017
Phone
(203) 562-7222Principal Officer
David V Hunter
Main Address
138 CLINTON AVENUE, NEW HAVEN, CT, 06513
Website
www.chathamplace.orgNTEE Category
Code: P75 - Human services
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