nonprofit logo

Colony Retirement Homes Of Holden Inc

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

EIN: 042650113 ✦ Holden, MA ✦ Designated as a 501(c)(3)

Overview

What is Colony Retirement Homes Of Holden Inc?

Colony Retirement Homes Of Holden Inc, headquartered at 68 Reservoir Street, Holden, Massachusetts, is a dedicated nonprofit organization committed to addressing the housing needs of low-income senior citizens. Their mission is centered around providing affordable living accommodations, catering to seniors who fall under the categories of low and moderate income. With a focus on this demographic, Colony Retirement Homes Of Holden Inc strives to make a significant impact in their community, contributing to the well-being and comfort of the elderly population.


Official website here: www.colonyretirementhomes.com

Is Colony Retirement Homes Of Holden Inc legitimate?

Colony Retirement Homes Of Holden Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colony Retirement Homes Of Holden 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: $50,217
Professional Fundraising Fees: $0
Other Salaries and Wages: $209,800

For more financial information, click here


Official website here: www.colonyretirementhomes.com

What is the mission statement of Colony Retirement Homes Of Holden Inc?

Colony Retirement Homes Of Holden Inc is committed to providing affordable housing options for seniors who fall under the categories of low and moderate income. Their mission is clearly stated, emphasizing their dedication to this cause. The organization focuses on developing and providing subsidized housing, ensuring that elderly individuals do not face housing challenges due to financial restrictions. By offering affordable housing, Colony Retirement Homes Of Holden Inc strives to support the well-being and dignity of seniors, ensuring they can live comfortably and independently.


Official website here: www.colonyretirementhomes.com

Who is the CEO of Colony Retirement Homes Of Holden Inc?

Michael Mills is the President of Colony Retirement Homes Of Holden Inc.


Official website here: www.colonyretirementhomes.com

What is the revenue of Colony Retirement Homes Of Holden Inc?

Colony Retirement Homes Of Holden Inc's revenue in 2022 was $1,433,926.


Official website here: www.colonyretirementhomes.com

Who are the executives of Colony Retirement Homes Of Holden Inc and what are their salaries?

Here are 16 key members and their salaries:

    Marianne Delorey (Executive Director)
  • Compensation: $0
  • Related: $117,156
  • Other: $20,589

    • Hua Xu (Controller)
  • Compensation: $0
  • Related: $99,378
  • Other: $13,961

    • Michael Mills (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Brad Campbell (Treasurer (As Of 3/2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matthew Dufault (Treasurer (Until 2/2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jared Otte (Clerk) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Reverend Margaret Gifford (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jane Willan (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Klara Carter (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Morello (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Constance Nichols (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dianne Mann (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Ngo (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Woodland (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anne Puffer (Member (Until 2/2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.colonyretirementhomes.com

    Where can I find the form 990 for Colony Retirement Homes Of Holden Inc?

    The Colony Retirement Homes Of Holden Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.colonyretirementhomes.com

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

    Mission Statement of Colony Retirement Homes Of Holden Inc

    Colony Retirement Homes of Holden, Inc. is committed to providing affordable housing options for seniors who fall under the categories of low and moderate income. This nonprofit organization's mission is to develop and manage subsidized housing, ensuring that the elderly population has access to living spaces that fit their financial capabilities. By offering affordable housing, Colony Retirement Homes of Holden, Inc. aims to contribute positively to the lives of seniors, providing them with a sense of security and stability in their later years.

    Impact

    This information is meant to be a general summary of Colony Retirement Homes Of Holden Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Colony Retirement Homes Of Holden Inc's impact lies in providing a valuable service to seniors of low and moderate income in the city of Holden, Massachusetts. By developing and offering subsidized housing for this vulnerable demographic, the organization plays a crucial role in ensuring that these individuals have access to affordable and safe living accommodations during their retirement years. This not only contributes to the well-being and security of the seniors themselves but also helps to address broader societal issues related to housing affordability and accessibility for the elderly population. Ultimately, Colony Retirement Homes Of Holden Inc's efforts make a positive difference in the lives of the seniors they serve and contribute to creating a more inclusive and supportive community for all its residents.





    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: $449
  • Program Service Revenue: $1,308,470
  • Gross Receipts: $1,433,926

    • Assets and Liabilities:
  • Total Assets: $2,469,680
  • Total Liabilities: $7,745,887
  • Net Assets: -$5,276,207
  • Programs

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

    RENT REVENUE

    Revenue

    $1,308,470

    Organization Details

    Founding Year

    1978

    Principal Officer

    Michael Mills

    Main Address

    68 RESERVOIR STREET, HOLDEN, MA, 01520

    NTEE Category

    Code: L99 - Housing

    If you are a representative of Colony Retirement Homes Of Holden Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.