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Massachusetts Adoption Resource Exchange Inc

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

EIN: 042227431 ✦ Newton, MA ✦ Designated as a 501(c)(3)

Overview

What is Massachusetts Adoption Resource Exchange Inc?

Massachusetts Adoption Resource Exchange Inc is a nonprofit organization that devotedly works towards finding permanent homes for children in foster care within Massachusetts, specifically focusing on sibling groups and children who are often harder to place. They accomplish this by matching children with prospective adoptive parents, offering valuable information about children awaiting adoption, and advocating for families throughout the adoption process. The organization acts as the Commonwealth's central clearinghouse for adoption information and referrals, aiming to identify suitable matches between children and potential families, thereby contributing to their mission of providing a "permanent place to call home" for children in need.


Official website here: www.mareinc.org

Is Massachusetts Adoption Resource Exchange Inc legitimate?

Massachusetts Adoption Resource Exchange Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Massachusetts Adoption Resource Exchange 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.

Here are some key statistics you may want to consider:

Executive Compensation: $130,667
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,047,959

For more financial information, click here


Official website here: www.mareinc.org

What is the mission statement of Massachusetts Adoption Resource Exchange Inc?

Massachusetts Adoption Resource Exchange Inc's mission is centered around finding permanent homes for children in foster care, particularly sibling groups and those who are typically harder to place. They achieve this by recruiting, educating, supporting, and advocating for families throughout the adoption process. The organization targets its recruitment efforts towards attracting potential parents for specific children. As the commonwealth's central clearinghouse for adoption information and referral, Massachusetts Adoption Resource Exchange Inc works to identify matches between children and families.


Official website here: www.mareinc.org

Who is the CEO of Massachusetts Adoption Resource Exchange Inc?

Bridget Chiaruttini is the President of Massachusetts Adoption Resource Exchange Inc.


Official website here: www.mareinc.org

What is the revenue of Massachusetts Adoption Resource Exchange Inc?

Massachusetts Adoption Resource Exchange Inc's revenue in 2022 was $1,819,619.


Official website here: www.mareinc.org

Who are the executives of Massachusetts Adoption Resource Exchange Inc and what are their salaries?

The average compensation at Massachusetts Adoption Resource Exchange Inc during 2022 was $56,125. There are 21 employees and 100 volunteers at Massachusetts Adoption Resource Exchange Inc.

Here are 15 key members and their salaries:

    Lisa Funaro (Former Executive Director)
  • Compensation: $129,166
  • Related: $0
  • Other: $12,687

    • Bridget Chiaruttini (Executive Director)
  • Compensation: $72,360
  • Related: $0
  • Other: $1,976

    • Dana Lehman (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tracy Aronson (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen Briggs (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shawn Mcninch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michele Benkis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tony Lacasse (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Keri Califano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Deborah Yamin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kelli Powell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Harold Grotevant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nisha Thakrar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carly Burton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jinnie Reed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mareinc.org

    Where can I find the form 990 for Massachusetts Adoption Resource Exchange Inc?

    The Massachusetts Adoption Resource Exchange Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.mareinc.org

    Learn more at the official website: www.mareinc.org

    Mission Statement of Massachusetts Adoption Resource Exchange Inc

    Massachusetts Adoption Resource Exchange, a renowned organization, is dedicated to finding permanent homes for children in foster care, including sibling groups and those who are typically harder to place. By recruiting, educating, supporting, and advocating for families throughout the adoption process, they aim to create a permanent place for these children to call home. The Massachusetts Adoption Resource Exchange serves as the central clearinghouse for adoption information and referrals in the commonwealth, identifying matches between children and potential families. The organization targets its recruitment efforts to attract parents for specific children, demonstrating its commitment to finding suitable homes for each child in its care.

    Impact

    This information is meant to be a general summary of Massachusetts Adoption Resource Exchange Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Massachusetts Adoption Resource Exchange Inc has a significant impact by finding adoptive homes for children in foster care in Massachusetts. Through their dedicated efforts, they match children with potential adoptive parents and provide information on children awaiting adoption, including those in sibling groups and children who are traditionally harder to place. By recruiting, educating, supporting, and advocating for families throughout the adoption process, they work towards their mission of providing "a permanent place to call home" for these vulnerable children. Their work as the central clearinghouse for adoption information and referral in the Commonwealth plays a crucial role in identifying matches between children and families, ultimately changing the lives of these children for the better.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $0
  • Program Service Revenue: $786,948
  • Gross Receipts: $1,844,667

    • Assets and Liabilities:
  • Total Assets: $778,210
  • Total Liabilities: $134,505
  • Net Assets: $643,705
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    FEES AND CONTRACTS FRO

    Revenue

    $786,948

    Organization Details

    Founding Year

    1957

    Principal Officer

    Bridget Chiaruttini

    Main Address

    19 NEEDHAM STREET 206, NEWTON, MA, 02461

    NTEE Category

    Code: P31 - Human services

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