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Carmel Terrace Inc

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

EIN: 043210051 ✦ Framingham, MA ✦ Designated as a 501(c)(3)

Overview

What is Carmel Terrace Inc?

Carmel Terrace Inc, situated in Framingham, Massachusetts, is a nonprofit organization dedicated to serving the elderly and infirm community. With a compassionate approach, they offer approximately 20,000 days of care and supporting services within their 69 one- and two-bedroom apartments. Their mission is deeply rooted in the teachings and doctrines of the Roman Catholic Church, as they strive to uphold the values and mission of the Carmelite Sisters for the Aged and Infirm. This mission translates into providing care and services to the community in a caring and respectful manner, extending beyond the boundaries of their Framingham location to other communities seeking their assistance. The organization employs a team of 59 individuals to fulfill this mission.


Official website here: www.carmelterrace.org

Is Carmel Terrace Inc legitimate?

Carmel Terrace Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carmel Terrace 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,496,287

For more financial information, click here


Official website here: www.carmelterrace.org

What is the mission statement of Carmel Terrace Inc?

Carmel Terrace Inc's mission is centered around providing care and services to the community, aligning with the theology, philosophy, teachings, and doctrines of the Roman Catholic Church. The organization draws inspiration from the mission, philosophy, and values of the Carmelite Sisters for the Aged and Infirm. They offer care and services in a compassionate and caring manner, contributing to the well-being of the elderly and infirm, including through supporting services. Their work is carried out within 69 units of one- and two-bedroom apartments, extending their services to members of various communities.


Official website here: www.carmelterrace.org

Who is the CEO of Carmel Terrace Inc?

Mother Mary Rose Heery is the President of Carmel Terrace Inc. The CEO's salary of Carmel Terrace Inc is $0 and their total compensation is $735,847.


Official website here: www.carmelterrace.org

What is the revenue of Carmel Terrace Inc?

Carmel Terrace Inc's revenue in 2022 was $4,336,050.


Official website here: www.carmelterrace.org

Who are the executives of Carmel Terrace Inc and what are their salaries?

The average compensation at Carmel Terrace Inc during 2022 was $25,361. There are 59 employees and 14 volunteers at Carmel Terrace Inc.

Here are 13 key members and their salaries (Carmel Terrace Inc's CEO's salary is $0 and their total compensation is $735,847):

    Patricia Gathers (President / Ceo / Coo)
  • Compensation: $0
  • Related: $710,781
  • Other: $25,066

    • Mother Mary Rose Heery (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sr Maureen Murray (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Robert J Griffin Esq (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ms Linda J Dixon (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sr Pauline Brecanier (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sr Sean Damien Flynn (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ms Kathleen Mcgibney (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Sr Teresa Stephen Pereira (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sr Anthony De Lourdes Veilleux (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sr Lois Ann Wetzel (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Francis Crosby (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.carmelterrace.org

    Where can I find the form 990 for Carmel Terrace Inc?

    The Carmel Terrace Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.carmelterrace.org

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

    Mission Statement of Carmel Terrace Inc

    Carmel Terrace Inc, rooted in the teachings and doctrines of the Roman Catholic Church, is committed to providing care and services to the community. The organization's mission is built upon the philosophy and values of the Carmelite Sisters for the Aged and Infirm, and it strives to uphold these principles in its operations. In accordance with its mission, Carmel Terrace Inc offers approximately 20,000 days of care to the elderly and infirm, providing supportive services within its 69 units of one- and two-bedroom apartments. The organization operates with compassion and care, extending its services not only to members of the local community but also to those in surrounding areas who seek its assistance.

    Impact

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




    Saturday, July 20, 2024

    Carmel Terrace Inc impacts the community by providing approximately 20,000 days of care to the elderly and infirm, along with related supporting services within the 69 units of one- and two-bedroom apartments in Framingham, MA. They offer these services in a compassionate and caring manner to members of the town and surrounding communities, aligning with the theology, philosophy, teachings, and doctrines of the Roman Catholic Church. Their commitment to respecting and building on the mission, philosophy, and values of the Carmelite Sisters for the Aged and Infirm underscores their dedication to serving those in need with dignity and compassion.





    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: $589,260
  • Program Service Revenue: $3,459,638
  • Gross Receipts: $20,068,033

    • Assets and Liabilities:
  • Total Assets: $17,774,771
  • Total Liabilities: $1,590,458
  • Net Assets: $16,184,313
  • Programs

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

    NET RESIDENT SERVICES REVENUE

    Revenue

    $3,459,638

    Organization Details

    Founding Year

    1993

    Principal Officer

    Mother Mary Rose Heery

    Main Address

    933 CENTRAL STREET, FRAMINGHAM, MA, 01701

    NTEE Category

    Code: L22Z - Housing

    If you are a representative of Carmel Terrace 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.