Buttonwood Healthcare Inc

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

EIN: 850629884 ✦ Rowley, MA ✦ Designated as a 501(c)(3)

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Overview

What is Buttonwood Healthcare Inc?

Buttonwood Healthcare Inc, based in Rowley, Massachusetts, has demonstrated a remarkable commitment during the COVID-19 pandemic. In collaboration with local authorities and healthcare providers, they transformed two previously closed nursing facilities into dedicated COVID-19 centers, offering care and support to individuals recovering from the virus. This initiative prioritized admission for individuals regardless of their ability to pay, ensuring continued care until the last COVID-19 resident was discharged. Beyond pandemic response, Buttonwood Healthcare has expanded its mission to encompass skilled nursing, adult day health, transportation, homecare, and assisted living services, aiming to benefit communities in need throughout Massachusetts.

Is Buttonwood Healthcare Inc legitimate?

Buttonwood Healthcare Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Buttonwood Healthcare 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: $0

For more financial information, click here

What is the mission statement of Buttonwood Healthcare Inc?

In response to the COVID-19 pandemic, Buttonwood Healthcare Inc has collaborated with local authorities and healthcare providers to reopen two closed nursing facilities as dedicated COVID-19 facilities. Their primary objective is to admit and provide nursing care and services to individuals recovering from COVID-19, regardless of their ability to pay. The company aims to continue this service until the last COVID-19 patient is safely discharged. Beyond this pandemic response, Buttonwood Healthcare Inc has expanded its mission and charitable purpose to include the provision of skilled nursing, adult day health, transportation, homecare, and assisted living services to communities in need throughout the region.

Who is the CEO of Buttonwood Healthcare Inc?

Frank Romano is the President/Treasurer of Buttonwood Healthcare Inc.

What is the revenue of Buttonwood Healthcare Inc?

Buttonwood Healthcare Inc's revenue in 2022 was $568,224.

Who are the executives of Buttonwood Healthcare Inc and what are their salaries?


Here are 4 key members and their salaries:


Frank Romano (President/Treasurer)
  • Compensation: $0
  • Related: $141,972
  • Other: $0
Scott Picone (Director)
  • Compensation: $0
  • Related: $131,557
  • Other: $13,694
Elaine Tetrault (Director)
  • Compensation: $0
  • Related: $87,806
  • Other: $0
Katelyn M Collins (Director)
  • Compensation: $0
  • Related: $82,789
  • Other: $10,137
Where can I find the form 990 for Buttonwood Healthcare Inc?

Buttonwood Healthcare Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Buttonwood Healthcare Inc

In response to the COVID-19 pandemic, Buttonwood Healthcare Inc has collaborated with the Commonwealth of Massachusetts, the City of New Bedford, and local nonprofit hospitals and medical groups. Their primary objective during this time has been to reopen two previously closed nursing facilities as dedicated COVID-19 facilities, providing nursing home care and services to individuals recovering from the virus. Buttonwood Healthcare Inc has committed to admitting any such individuals, regardless of their ability to pay, and to continue providing nursing care and services until the last COVID-19 resident is safely discharged from its facilities.

Beyond its pandemic response, Buttonwood Healthcare Inc has expanded its mission and charitable purpose to encompass skilled nursing, adult day health, transportation, homecare, and assisted living services for communities in need throughout Massachusetts. This expansion aims to offer comprehensive healthcare solutions to various communities, ensuring that individuals in need have access to essential healthcare services, regardless of their financial situation. By providing these services, Buttonwood Healthcare Inc is committed to improving the overall health and well-being of the communities it serves, extending its mission beyond the pandemic to promote long-term healthcare solutions.

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Impact




July, 2024

Buttonwood Healthcare Inc's impact during the COVID-19 pandemic in Massachusetts has been substantial. The organization has worked closely with the Commonwealth of Massachusetts, the City of New Bedford, and various hospitals and medical practices to open two closed nursing facilities dedicated to providing care for individuals recovering from COVID-19. They have been committed to admitting individuals regardless of their ability to pay, ensuring access to nursing care and services throughout the pandemic.

The first facility opened on April 17, 2020, in response to the initial wave of the pandemic, with the second facility responding to a resurgence of cases following the holidays. Buttonwood Healthcare Inc suspended its COVID operations on March 8, 2021, upon the discharge of the last resident but remains prepared to reopen should the need arise. Furthermore, the organization aims to expand its charitable services to provide skilled nursing, adult day health, enhanced housing, assisted living, homecare, and transportation services to communities in need across Massachusetts.

By adapting their mission and services to meet the urgent demands of the pandemic, Buttonwood Healthcare Inc has demonstrated a commitment to supporting the healthcare needs of their community and aiding in the recovery process for those affected by COVID-19.




This information is meant to be a general summary of Buttonwood Healthcare 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.

Revenue
$568,224 (2022)
Expenses
$62,552 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $130,959
  • Gross Receipts: $568,224

Assets and Liabilities:

  • Total Assets: $9,071,920
  • Total Liabilities: $7,737,729
  • Net Assets: $1,334,191

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Organization Details

Founding Year

2020

Principal Officer

Frank Romano

Main Address

51 SUMMER STREET, ROWLEY, MA, 01969

NTEE Category

Code: E91 - Health

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