nonprofit logo

Masonic Home Independent Living Ii Inc

Miraleagrove Pointethe Meadow

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

EIN: 273168105 ✦ Masonic home, KY ✦ Designated as a 501(c)(3)

Overview

What is Masonic Home Independent Living Ii Inc?

Masonic Home Independent Living II Inc is a nonprofit organization dedicated to constructing, owning, and operating a senior living community named Miralea. Miralea, established in 2012, comprises 120 independent living apartments and 12 residential-style patio homes in Masonic Home, Kentucky (40041). It forms a continuing care retirement community (CCRC) with a life care product for seniors, in affiliation with Masonic Homes of Kentucky. Miralea and its expansion, Meadow (opened in 2018), offer a tiered approach to aging by accommodating residents' changing needs through independent living, assisted living, and skilled nursing care. This organization aims to provide quality housing and personal care services, improving and enhancing the residents' lives and making a positive difference in their nurture. With a workforce of 153 employees, Miralea/Meadow enables seniors to live an active lifestyle in one location for the duration of their remaining life, with much of their future care already predetermined by the residents and the life care agreements.


Official website here: www.masonichomesky.com

Is Masonic Home Independent Living Ii Inc legitimate?

Masonic Home Independent Living Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Masonic Home Independent Living Ii 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: $0

For more financial information, click here


Official website here: www.masonichomesky.com

What is the mission statement of Masonic Home Independent Living Ii Inc?

Masonic Home Independent Living II Inc is dedicated to enhancing the lives of its residents by providing quality housing and personal care services. The organization strives to make a difference in the lives of those it serves, improving and enhancing their quality of life through nurturing care. Miralea, the senior living community operated by the organization, consists of 120 independent living apartments and 12 residential-style patio homes. With its affiliation with Masonic Homes of Kentucky, Miralea forms a continuing care retirement community (CCRC), offering a tiered approach to aging. Residents can opt for independent living, assisted living, and skilled nursing care as their needs change, allowing them to live an active lifestyle in one location for the duration of their remaining life. The future care needs of the residents are predetermined through life care agreements with Miralea/Meadow.


Official website here: www.masonichomesky.com

Who is the CEO of Masonic Home Independent Living Ii Inc?

Todd Lacy is the President of Masonic Home Independent Living Ii Inc. The CEO's salary of Masonic Home Independent Living Ii Inc is $0 and their total compensation is $452,429.


Official website here: www.masonichomesky.com

What is the revenue of Masonic Home Independent Living Ii Inc?

Masonic Home Independent Living Ii Inc's revenue in 2022 was $16,854,362.


Official website here: www.masonichomesky.com

Who are the executives of Masonic Home Independent Living Ii Inc and what are their salaries?

There are 153 employees and 7 volunteers at Masonic Home Independent Living Ii Inc.

Here are 12 key members and their salaries (Masonic Home Independent Living Ii Inc's CEO's salary is $0 and their total compensation is $452,429):

    Todd Lacy (President)
  • Compensation: $0
  • Related: $440,666
  • Other: $30,215

    • J Scott Judy (Ceo)
  • Compensation: $0
  • Related: $440,666
  • Other: $11,763

    • Casey Adams (Vice President)
  • Compensation: $0
  • Related: $164,842
  • Other: $9,216

    • Mike Truax (Executive Director - Miral)
  • Compensation: $0
  • Related: $126,442
  • Other: $20,334

    • Ann Rich (Executive Director - Meado)
  • Compensation: $0
  • Related: $118,652
  • Other: $15,618

    • Richard Short (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • E Darren Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Timothy Sanders (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Harold Armstrong (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Terry Bowman (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Galloway (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ronald S Caughron (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.masonichomesky.com

    Where can I find the form 990 for Masonic Home Independent Living Ii Inc?

    The Masonic Home Independent Living Ii Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.masonichomesky.com

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

    Mission Statement of Masonic Home Independent Living Ii Inc

    Masonic Home Independent Living II Inc is a dedicated organization committed to enhancing the lives of its residents by providing them with quality housing and personal care services. This mission is carried out through the operation of a senior living community known as Miralea. Miralea is home to 120 independent living apartments and 12 residential-style patio homes, which opened in November 2012. With its affiliation with Masonic Homes of Kentucky, Miralea forms a Continuing Care Retirement Community (CCRC) and offers a tiered approach to the aging process.

    The organization's purpose is to construct, own, and operate Miralea, which caters to seniors' changing needs as they age. Through independent living, assisted living, and skilled nursing care, Miralea enables seniors to live an active lifestyle in one location for the duration of their remaining life. The future care needs of residents are largely predetermined by their Life Care Agreements with Miralea/Meadow. Miralea's services are designed to make a difference in the lives of its residents, improving and enhancing their quality of life. This commitment extends to the opening of Meadow in July 2018, which added 122 additional units to the organization's offerings.

    Impact

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




    Thursday, August 15, 2024

    Masonic Home Independent Living II Inc's impact lies in providing a supportive environment for seniors through its Miralea and Meadow communities. By offering a continuum of care services, including independent living, assisted living, and skilled nursing care, the organization enables residents to age gracefully while maintaining an active lifestyle. This approach not only enhances the quality of life for seniors but also provides them with a sense of security and peace of mind for the future. Through its dedicated mission to provide quality housing and personal care services, Masonic Home Independent Living II Inc makes a significant difference in the lives of its residents, nurturing their well-being and promoting a fulfilling aging experience.





    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: $1,270,064
  • Program Service Revenue: $15,633,691
  • Gross Receipts: $19,230,140

    • Assets and Liabilities:
  • Total Assets: $136,278,897
  • Total Liabilities: $180,694,315
  • Net Assets: -$44,415,418
  • Programs

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

    RESIDENT SERVICES

    Revenue

    $15,633,691

    Organization Details

    Founding Year

    2010

    Principal Officer

    Todd Lacy

    Main Address

    330 MASONIC HOME DRIVE, MASONIC HOME, KY, 40041

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Masonic Home Independent Living Ii 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.