Franciscan Tertiary Province Of The Sacred Heart Inc

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

EIN: 366096464 ✦ Oak brook, IL ✦ Designated as a 501(c)(3)

Overview

What is Franciscan Tertiary Province Of The Sacred Heart Inc?

Franciscan Tertiary Province Of The Sacred Heart Inc is a nonprofit organization situated in Oak Brook, Illinois. With a focus on serving the community, they operate a residential rental retirement facility specifically catering to the needs of low-income elderly individuals. The organization employs a team of 42 individuals, dedicated to ensuring the well-being and comfort of their residents. The facility provides a secure living environment, offering essential services and support to its elderly inhabitants, thereby contributing positively to the local community.


Official website here: www.mayslake.com

Is Franciscan Tertiary Province Of The Sacred Heart Inc legitimate?

Franciscan Tertiary Province Of The Sacred Heart Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Franciscan Tertiary Province Of The Sacred Heart 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: $215,867
Professional Fundraising Fees: $0
Other Salaries and Wages: $174,290

For more financial information, click here


Official website here: www.mayslake.com

What is the mission statement of Franciscan Tertiary Province Of The Sacred Heart Inc?

The Franciscan Tertiary Province Of The Sacred Heart Inc is dedicated to operating a residential rental retirement facility for low-income elderly individuals. This organization provides a living space for senior citizens who may be financially challenged, ensuring they can enjoy their retirement years in a secure environment. The mission of Franciscan Tertiary Province Of The Sacred Heart Inc is centered around supporting this particular demographic by offering affordable housing options.


Official website here: www.mayslake.com

Who is the CEO of Franciscan Tertiary Province Of The Sacred Heart Inc?

Bernadette Mayer is the Vice President of Franciscan Tertiary Province Of The Sacred Heart Inc. The CEO's salary of Franciscan Tertiary Province Of The Sacred Heart Inc is $150,031 and their total compensation is $165,034.


Official website here: www.mayslake.com

What is the revenue of Franciscan Tertiary Province Of The Sacred Heart Inc?

Franciscan Tertiary Province Of The Sacred Heart Inc's revenue in 2023 was $3,260,551.


Official website here: www.mayslake.com

Who are the executives of Franciscan Tertiary Province Of The Sacred Heart Inc and what are their salaries?

The average compensation at Franciscan Tertiary Province Of The Sacred Heart Inc during 2023 was $9,289. There are 42 employees and 20 volunteers at Franciscan Tertiary Province Of The Sacred Heart Inc.

Here are 14 key members and their salaries (Franciscan Tertiary Province Of The Sacred Heart Inc's CEO's salary is $150,031 and their total compensation is $165,034):

    Joseph Saraceno (President & Ceo)
  • Compensation: $196,243
  • Related: $0
  • Other: $19,624

    • Michael Frigo (President & Ceo)
  • Compensation: $150,031
  • Related: $0
  • Other: $15,003

    • Elias Almazan (Dir Of Maintenance)
  • Compensation: $128,329
  • Related: $0
  • Other: $12,833

    • Patricia Lecompte (Accountant)
  • Compensation: $117,199
  • Related: $0
  • Other: $11,720

    • James Fiore (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katherine Maxwell (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dale Marzano Ofs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Janet Ryan Grasso (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Br Clarence Klingert Ofm (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Br Edward-Marc Arambasich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lex Buddig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fr Edward Tverdek Ofm (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edward Hinsberger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mayslake.com

    Where can I find the form 990 for Franciscan Tertiary Province Of The Sacred Heart Inc?

    The Franciscan Tertiary Province Of The Sacred Heart Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.mayslake.com

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

    Mission Statement of Franciscan Tertiary Province Of The Sacred Heart Inc

    Franciscan Tertiary Province Of The Sacred Heart Inc is dedicated to serving the low-income elderly population. Their primary mission involves operating a residential rental retirement facility, providing a secure and affordable living space for this demographic. By doing so, they contribute to enhancing the quality of life for the elderly, ensuring they can age with dignity and independence. The organization's focus on low-income individuals highlights their commitment to social justice and equitable living conditions, ensuring that everyone, regardless of their financial situation, deserves a comfortable retirement.

    Impact

    This information is meant to be a general summary of Franciscan Tertiary Province Of The Sacred Heart Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Franciscan Tertiary Province Of The Sacred Heart Inc's impact lies in providing a crucial service to the low-income elderly community through the operation of a residential rental retirement facility. By offering affordable housing options specifically tailored to this demographic, the organization helps ensure that those in need have a safe and supportive environment in which to live out their later years. This contributes to the overall well-being and quality of life of these individuals, addressing a fundamental need within the community.





    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 2023.

  • Investment Income: $423
  • Program Service Revenue: $3,260,128
  • Gross Receipts: $3,260,551

    • Assets and Liabilities:
  • Total Assets: $3,615,260
  • Total Liabilities: $1,644,915
  • Net Assets: $1,970,345
  • Programs

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

    RENTAL

    Revenue

    $1,643,542

    VARIOUS

    Revenue

    $1,616,586

    Organization Details

    Founding Year

    1963

    Principal Officer

    Bernadette Mayer

    Main Address

    1801 35TH STREET, OAK BROOK, IL, 60523

    NTEE Category

    Code: P75 - Human services

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