nonprofit logo

Palaemon Inc

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

EIN: 364638098 ✦ Barnstable, MA ✦ Designated as a 501(c)(3)

Overview

What is Palaemon Inc?

Palaemon Inc, based in Barnstable, Massachusetts, is a nonprofit organization dedicated to supporting young adults with developmental learning disabilities. Their primary mission is to empower these individuals to lead independent lives by providing a stable group home environment. Within this setting, they help develop essential skills necessary for self-reliance. Palaemon Inc's activities focus on fostering an atmosphere that encourages learning and personal growth, enabling these young adults to thrive and live happily independently. With a small team of just two employees, the organization is committed to making a significant impact in the lives of those it serves.


Official website here: www.palaemonhouse.org

Is Palaemon Inc legitimate?

Palaemon Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Palaemon 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: $172,774

For more financial information, click here


Official website here: www.palaemonhouse.org

What is the mission statement of Palaemon Inc?

Palaemon Inc's mission is centered around empowering young adults with developmental learning disabilities towards achieving an independent lifestyle. They accomplish this by providing a group home with a stable environment, serving as a nurturing ground where these individuals can develop the necessary skills and awareness required for independent living. By offering a secure housing arrangement, Palaemon Inc enables its residents to lead healthy and happy lives with autonomy.


Official website here: www.palaemonhouse.org

Who is the CEO of Palaemon Inc?

James O'Connell is the President of Palaemon Inc.


Official website here: www.palaemonhouse.org

What is the revenue of Palaemon Inc?

Palaemon Inc's revenue in 2022 was $498,902.


Official website here: www.palaemonhouse.org

Who are the executives of Palaemon Inc and what are their salaries?

The average compensation at Palaemon Inc during 2022 was $86,387. There are 2 employees at Palaemon Inc.

Here are 9 key members and their salaries:

    Jennifer Maiocca (Treasurer)
  • Compensation: $86,387
  • Related: $0
  • Other: $0

    • James O'Connell (President)
  • Compensation: $86,387
  • Related: $0
  • Other: $0

    • Amy Carroll (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John C Cartwright (Clerk) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brett Dubner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Maiocca (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James R O'Connell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dustin G Pineau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laurie Sullivan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.palaemonhouse.org

    Where can I find the form 990 for Palaemon Inc?

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


    Official website here: www.palaemonhouse.org

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

    Mission Statement of Palaemon Inc

    Palaemon Inc, a nonprofit organization, is committed to empowering young adults with developmental learning disabilities towards an independent lifestyle. They achieve this by providing a group home that offers a stable environment. This environment serves as a nurturing ground for these individuals, enabling them to learn and develop the necessary skills and awareness needed to live healthy and happy independent lives. Palaemon Inc's mission is to foster independence in these young adults, equipping them with the tools they need to navigate life on their own.

    Impact

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




    Wednesday, July 24, 2024

    Palaemon Inc's impact lies in empowering young adults with developmental learning disabilities towards an independent lifestyle. By providing a group home in Barnstable, MA, they offer a stable environment where residents can develop the skills necessary to live healthy and happy independent lives. This organization's focus on housing and support services creates a significant impact on the lives of individuals with disabilities, enabling them to thrive and achieve greater independence.





    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: $498,902
  • Gross Receipts: $498,902

    • Assets and Liabilities:
  • Total Assets: $593,024
  • Total Liabilities: $392,182
  • Net Assets: $200,842
  • Programs

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

    TUITION & FEES

    Revenue

    $498,902

    Organization Details

    Founding Year

    2008

    Principal Officer

    James O'Connell

    Main Address

    3401 MAIN STREET, BARNSTABLE, MA, 02630

    NTEE Category

    Code: L40 - Housing

    If you are a representative of Palaemon 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.