Overview
What is Masonicare At Chester Village Inc?
Masonicare At Chester Village Inc is a not-for-profit continuing care retirement community, established in Wallingford, Connecticut, with a postal address of PO Box 70. The community, acquired in 2017, comprises 90 apartments and 15 cottages, offering independent living for individuals aged 55 and above. With an occupancy rate of 98.7% in the recent fiscal year, the retirement community is dedicated to promoting health, wellness, and a high quality of life for its residents. Consistent with Masonic values, Masonicare at Chester Village upholds an environment that fosters respect, independence, and dignity. The organization's mission is to maintain the well-being, independence, and quality of life for all residents, striving to be recognized as a leading continuing care retirement community in the region. The nonprofit currently employs 81 individuals.
Official website here: www.masonicare.org
What are the reviews and ratings of this charity?
Charity Navigator has rated Masonicare At Chester Village Inc with an 81%, resulting in a Three-Star out of Four Star rating. This rating is primarily derived from its Accountability & Finance score, indicating that the organization demonstrates good practices in financial management and transparency. Key strengths include an independent board, solid oversight mechanisms, and a high program expense ratio, suggesting that a significant portion of its resources is allocated toward its core missions.
While the nonprofit excels in several accountability factors, it does have a notable weakness reflected in its liabilities to assets ratio, which could raise questions about its financial stability. The organization also appears to have room for improvement in making its tax forms publicly available, as indicated by the missing information in their online postings. Furthermore, Masonicare At Chester Village Inc. has not been evaluated on its impact, culture, or leadership adaptability by Charity Navigator.
User reviews from GreatNonprofits are currently unavailable, which limits the insights on personal experiences with the organization. Overall, Masonicare At Chester Village Inc. demonstrates a commitment to accountability and strong fiscal practices, but there are important factors that potential donors and stakeholders should consider.
This AI summary has been generated from information found on Charity Navigator.
Is Masonicare At Chester Village Inc legitimate?
Masonicare At Chester Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Masonicare At Chester Village 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: $134,630
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,817,767
For more financial information, click here
Official website here: www.masonicare.org
What is the mission statement of Masonicare At Chester Village Inc?
Masonicare At Chester Village Inc, as a not-for-profit Continuing Care Retirement Community, is dedicated to providing independent living for individuals aged 55 and above. Adhering to the principles of Masonry, the organization strives to create an environment that promotes respect, independence, and dignity for its residents. The primary goal is to enhance the well-being, maintain the independence, and uphold the quality of life for all residents. Masonicare At Chester Village aims to be recognized as a leading Continuing Care Retirement Community in the region, fostering a partnership with Masonicare and other relevant resources to cater to the needs of the community holistically, encompassing body, mind, and spirit.
Official website here: www.masonicare.org
Who is the CEO of Masonicare At Chester Village Inc?
Unavailable The CEO's salary of Masonicare At Chester Village Inc is $0 and their total compensation is $757,743.
Official website here: www.masonicare.org
What is the revenue of Masonicare At Chester Village Inc?
Masonicare At Chester Village Inc's revenue in 2022 was $7,555,281.
Official website here: www.masonicare.org
Who are the executives of Masonicare At Chester Village Inc and what are their salaries?
The average compensation at Masonicare At Chester Village Inc during 2022 was $24,104. There are 81 employees and 20 volunteers at Masonicare At Chester Village Inc.
Here are 21 key members and their salaries (Masonicare At Chester Village Inc's CEO's salary is $0 and their total compensation is $757,743):
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- Compensation: $125,082
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- Related: $709,728
- Other: $48,015
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- Other: $38,756
- Compensation: $100,976
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- Other: $4,354
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- Related: $120,603
- Other: $15,726
Official website here: www.masonicare.org
Where can I find the form 990 for Masonicare At Chester Village Inc?
Masonicare At Chester Village 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 Chester Village Inc
Masonicare At Chester Village Inc, a not-for-profit organization, is dedicated to providing an exceptional living experience for individuals aged 55 and above. Aligning with the principles of Masonry, this Continuing Care Retirement Community strives to uphold an environment that values respect, independence, and dignity for its residents. The mission of Masonicare At Chester Village Inc is to foster a lifestyle that prioritizes the well-being and quality of life of its residents. The community aims to be recognized as a leading Continuing Care Retirement Community in the region, consistently working towards meeting the needs of its residents in terms of their physical, mental, and spiritual wellbeing. Masonicare At Chester Village Inc envisions a continuous partnership with other Masonicare affiliations and resources, contributing to the betterment of its community as a whole.
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Impact
July, 2024
Masonicare at Chester Village Inc, a continuing care retirement community in WALLINGFORD, CT, is dedicated to providing independent living to individuals aged 55 and over. With a strong focus on health, wellness, and quality of life, this organization offers a variety of housing options including apartments and cottages. Their mission, aligning with Masonic traditions, emphasizes respect, independence, and dignity for all residents.
Through their commitment to maintaining well-being, independence, and quality of life for residents, Masonicare at Chester Village Inc positively impacts the lives of those they serve. By fostering an environment that promotes physical, mental, and emotional well-being, this organization strives to be recognized as a leader in the region for Continuing Care Retirement Communities. Their dedication to meeting the holistic needs of their community members reflects their vision for ongoing collaboration with Masonicare and related resources.
In summary, the impact of Masonicare at Chester Village Inc can be seen in the enhanced quality of life, independence, and well-being enjoyed by its residents, contributing to a vibrant and supportive community for individuals in their retirement years.
This information is meant to be a general summary of Masonicare At Chester Village 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: $3,810
- Program Service Revenue: $7,238,871
- Gross Receipts: $7,555,281
Assets and Liabilities:
- Total Assets: $23,907,668
- Total Liabilities: $28,361,639
- Net Assets: -$4,453,971
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT REVENUE
Revenue
$7,238,871
Organization Details
Founding Year
2017
Phone
(860) 531-1400Main Address
PO Box 70, Wallingford, CT, 06492
Website
www.masonicare.orgNTEE Category
Code: L22 - Housing
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