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Indiana Masonic Home Inc

Compass Park

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

EIN: 352187477 ✦ Franklin, IN ✦ Designated as a 501(c)(3)

Overview

What is Indiana Masonic Home Inc?

Indiana Masonic Home Inc is a nonprofit organization based in Franklin, Indiana, with a charitable mission to operate Compass Park, a continuing care retirement community. They provide housing, healthcare, and related services to residents through independent living homes, assisted living apartments, and a healthcare facility. The organization employs 400 individuals and is dedicated to serving the elderly community in Franklin, IN.


Official website here: www.compasspark.org

Is Indiana Masonic Home Inc legitimate?

Indiana Masonic Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indiana Masonic Home 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: $242,439
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,894,158

For more financial information, click here


Official website here: www.compasspark.org

What is the mission statement of Indiana Masonic Home Inc?

Indiana Masonic Home Inc is dedicated to serving a charitable purpose by operating a continuing care retirement community. This organization provides housing, healthcare, and related services to its residents through the operation of a retirement facility, which includes independent living homes and apartments, as well as assisted living apartments and a healthcare facility. The mission of Indiana Masonic Home Inc is to care for the aged, ensuring they receive the necessary support and attention they require to live comfortably and efficiently. The community aims to provide a nurturing environment that promotes the overall wellbeing and independence of its residents. Additionally, it strives to meet the physical, emotional, and social needs of its residents, ensuring they receive comprehensive care and assistance throughout their retirement years.


Official website here: www.compasspark.org

Who is the CEO of Indiana Masonic Home Inc?

Mike Spencer is the Grand Secretary of Indiana Masonic Home Inc. The CEO's salary of Indiana Masonic Home Inc is $233,548 and their total compensation is $242,439.


Official website here: www.compasspark.org

What is the revenue of Indiana Masonic Home Inc?

Indiana Masonic Home Inc's revenue in 2022 was $14,415,364.


Official website here: www.compasspark.org

Who are the executives of Indiana Masonic Home Inc and what are their salaries?

The average compensation at Indiana Masonic Home Inc during 2022 was $7,841. There are 400 employees at Indiana Masonic Home Inc.

Here are 26 key members and their salaries (Indiana Masonic Home Inc's CEO's salary is $233,548 and their total compensation is $242,439):

    Mike Spencer (Ceo)
  • Compensation: $233,548
  • Related: $0
  • Other: $8,891

    • William Pierce (Administrator)
  • Compensation: $168,486
  • Related: $0
  • Other: $17,314

    • Sarah Brock (Registered Nurse)
  • Compensation: $164,212
  • Related: $0
  • Other: $7,019

    • Mardena Mcglacken (Controller)
  • Compensation: $115,738
  • Related: $0
  • Other: $8,986

    • Marissa Meahl (Director Of Nurshing)
  • Compensation: $121,945
  • Related: $0
  • Other: $0

    • Bethany Gallion (Human Resource Director)
  • Compensation: $119,717
  • Related: $0
  • Other: $2,045

    • Steve Treadway (Food Service Director)
  • Compensation: $118,455
  • Related: $0
  • Other: $2,045

    • Jennifer Stephens (Registered Nurse)
  • Compensation: $109,674
  • Related: $0
  • Other: $7,019

    • Richard J Elman (Grand Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $108,771
  • Other: $0

    • Eric J Vermeulen (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary W Brinley (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Ronald L Buskirk (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard L Lentz (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andy Hughes (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Bates (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carl E Culmann (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael H Davis (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Don R Reynolds Ii (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jerry B Maple (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven A Bates (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Zachary R Ehlars (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven Douglas (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Tracey (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Murphy (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Morgan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.compasspark.org

    Where can I find the form 990 for Indiana Masonic Home Inc?

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


    Official website here: www.compasspark.org

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

    Mission Statement of Indiana Masonic Home Inc

    Indiana Masonic Home Inc, a charitable organization, is dedicated to serving a noble cause by operating the Continuing Care Retirement Community known as the Indiana Masonic Home in Franklin, Indiana. In simple terms, the mission of this esteemed institution is to provide care for the aged.

    The Indiana Masonic Home offers a range of services to cater to the unique needs of its residents. By operating a retirement facility, the organization provides housing for seniors through Independent Living Homes and Apartments. Additionally, it offers Assisted Living Apartments to help those who require some assistance with daily activities. Furthermore, the home operates a Health Care Facility to ensure that residents receive comprehensive medical care when needed.

    Indiana Masonic Home Inc stands as a beacon of hope for the elderly, offering them a place where they can live out their golden years with dignity and care. Through its commitment to providing housing, healthcare, and related services, the organization fosters an environment where seniors can thrive and maintain their independence while receiving the support they need. The mission of Indiana Masonic Home Inc is a testament to its dedication to enhancing the lives of the aging population.

    Impact

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




    Thursday, August 15, 2024

    Indiana Masonic Home Inc plays a crucial role in providing care for the aged in Franklin, Indiana. Through its operation of a continuing care retirement community, the organization offers housing, healthcare, and related services to residents in need. By maintaining independent living homes, apartments, assisted living facilities, and a healthcare facility, Indiana Masonic Home Inc creates a supportive environment for elderly individuals to live comfortably and access the care they require. Its impact can be seen in the improved quality of life and well-being of the senior population it serves in Franklin, IN.





    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: $478,797
  • Program Service Revenue: $8,592,105
  • Gross Receipts: $17,096,988

    • Assets and Liabilities:
  • Total Assets: $101,048,272
  • Total Liabilities: $37,960,120
  • Net Assets: $63,088,152
  • Programs

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

    RESIDENCE SERVICES

    Revenue

    $4,580,974

    HEALTH CARE FACILITY

    Revenue

    $1,669,500

    MANAGEMENT FEES

    Revenue

    $1,213,794

    HOME HEALTH CARE

    Revenue

    $1,127,837

    Organization Details

    Founding Year

    2003

    Principal Officer

    Mike Spencer

    Main Address

    690 STATE STREET, FRANKLIN, IN, 46131

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Indiana Masonic Home 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.