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The Care Institute

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 821921409 ✦ Waltham, MA ✦ Designated as a 501(c)(3)

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Overview

What is The Care Institute?

The Care Institute is a recently established nonprofit organization, headquartered in Waltham, Massachusetts. As a 501(c)(3), it is incubated by care.com and focuses on bettering the lives of caregivers and families. Its mission is to construct and strengthen a care infrastructure, providing rewarding career opportunities for caregivers and stimulating female participation within the workforce. By improving access to high-quality care, The Care Institute also aims to foster economic growth for future generations of care workers.


Official website here: www.careinstitute.com

Is The Care Institute legitimate?

The Care Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Care Institute submitted a form 990EZ, 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.


Official website here: www.careinstitute.com

What is the mission statement of The Care Institute?

The Care Institute's mission is centered around improving the lives of caregivers and their families. By establishing and supporting an infrastructure for care, it aims to provide substantial career opportunities and encourage female participation in the workforce. The institute, as a recently recognized 501(c)(3), intends to enhance the availability of high-quality care while fostering economic growth for future generations of care workers. Its primary goal is to achieve these objectives, contributing positively to the care sector.


Official website here: www.careinstitute.com

Who is the CEO of The Care Institute?

Unavailable


Official website here: www.careinstitute.com

What is the revenue of The Care Institute?

The Care Institute's revenue in 2021 was $85,010.


Official website here: www.careinstitute.com

Who are the executives of The Care Institute and what are their salaries?


Here are 6 key members and their salaries:


Wayne Ysaguirre (Executive Di)
  • Compensation: $145,970
  • Related: $0
  • Other: $0
Richard Berman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanne Cox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheila Marcelo (President, T)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pauline Fischer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Stephen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.careinstitute.com

Where can I find the form 990EZ for The Care Institute?

The Care Institute's most recent form 990EZ was submitted in 2021 and can be accessed here.


Official website here: www.careinstitute.com

Learn more at the official website: www.careinstitute.com

Mission Statement of The Care Institute

The Care Institute, as a newly established nonprofit organization, is committed to improving the lives of caregivers and their families. Its mission is to establish and strengthen a care infrastructure that offers substantial career opportunities, thereby boosting female participation in the workforce. By fostering this environment, The Care Institute aims to enhance access to quality care, ultimately driving economic growth for the upcoming generation of care workers. Although not explicitly stated in the provided information, it can be inferred that the organization's ultimate goal is to create a supportive system for both caregivers and families, thereby contributing positively to their overall well-being.

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Impact




October, 2024

The Care Institute has a transformative impact on caregivers and families by fostering a robust care infrastructure that creates substantial career opportunities and enhances female workforce participation. By enhancing access to quality care, the organization not only supports families in their caregiving needs but also promotes economic growth for a new generation of care workers. Operating from Waltham, MA, The Care Institute is committed to improving the lives of caregivers and establishing a sustainable and inclusive care ecosystem that prepares individuals for meaningful careers in the caregiving sector. Its efforts contribute significantly to both individual well-being and the overall economic landscape, emphasizing the importance of caregiving in today’s society.




This information is meant to be a general summary of The Care Institute. 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.

Revenue
$85,010 (2021)
Expenses
$453,155 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $85,010

Assets and Liabilities:

  • Total Assets: $8,946
  • Total Liabilities: $0
  • Net Assets: $8,946

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Organization Details

Main Address

77 FOURTH AVE 5TH FLOOR, WALTHAM, MA, 02451

NTEE Category

Code: P40 - Human services

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