nonprofit logo

The Residence At Sherburne Commons Inc

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

EIN: 471748506 ✦ Nantucket, MA ✦ Designated as a 501(c)(3)

Overview

What is The Residence At Sherburne Commons Inc?

The Residence At Sherburne Commons Inc, located in Nantucket, Massachusetts, is a nonprofit organization dedicated to serving the elderly community. With a mission to provide assisted living and independent living, as well as medical-related services, this institution aims to cater to the needs of seniors aged 55 and above in the area. The organization operates with a workforce of 36 individuals, providing a supportive living environment that promotes independence and well-being for its residents. The nonprofit's activities extend beyond residential care, ensuring a comprehensive approach to meet the diverse needs of the community's elder population.


Official website here: www.sherburnecommons.org

Is The Residence At Sherburne Commons Inc legitimate?

The Residence At Sherburne Commons Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Residence At Sherburne Commons 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: $1,165,028

For more financial information, click here


Official website here: www.sherburnecommons.org

What is the mission statement of The Residence At Sherburne Commons Inc?

The Residence At Sherburne Commons Inc is committed to serving the elderly community of Nantucket. Their mission is to operate a non-profit residence, providing both assisted living and independent living facilities for individuals aged 55 and above. Additionally, they offer medical-related services to cater to the unique needs of this demographic. The aim is to enhance the quality of life for seniors in the community, ensuring they have access to the necessary care and support.


Official website here: www.sherburnecommons.org

Who is the CEO of The Residence At Sherburne Commons Inc?

David Dworth is the President of The Residence At Sherburne Commons Inc.


Official website here: www.sherburnecommons.org

What is the revenue of The Residence At Sherburne Commons Inc?

The Residence At Sherburne Commons Inc's revenue in 2022 was $2,886,756.


Official website here: www.sherburnecommons.org

Who are the executives of The Residence At Sherburne Commons Inc and what are their salaries?

The average compensation at The Residence At Sherburne Commons Inc during 2022 was $32,362. There are 36 employees at The Residence At Sherburne Commons Inc.

Here are 10 key members and their salaries:

    Rachel Mandle (Executive Director)
  • Compensation: $192,000
  • Related: $0
  • Other: $0

    • David Worth (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Diane Tipton (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jay Riggs (Clerk) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melissa Philbrick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bruce Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Congdon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Manning (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Grause (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Trish Bridier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.sherburnecommons.org

    Where can I find the form 990 for The Residence At Sherburne Commons Inc?

    The The Residence At Sherburne Commons Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.sherburnecommons.org

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

    Mission Statement of The Residence At Sherburne Commons Inc

    The Residence at Sherburne Commons Inc is dedicated to serving the elderly community of Nantucket, providing both assisted living and independent living options. Their mission is to offer a non-profit residence for individuals aged 55 and above, catering to their medical needs alongside daily living requirements. By doing so, this organization aims to enhance the quality of life for Nantucket's senior population, ensuring they can live independently with the necessary support when required. The Residence at Sherburne Commons Inc is committed to delivering a range of senior-related and medical services to meet the diverse needs of the elderly community in a holistic manner.

    Impact

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




    Saturday, July 20, 2024

    The Residence At Sherburne Commons Inc's impact on the community of Nantucket is significant. By operating a nonprofit residence for individuals 55 years of age or older, this organization provides much-needed assisted living and independent living services to the elderly population on the island. Their mission to offer a safe and supportive living environment for seniors contributes to the overall well-being and quality of life for the older residents of Nantucket. Through their services, The Residence at Sherburne Commons plays a crucial role in meeting the housing and healthcare needs of the island's elderly 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 2022.

  • Investment Income: $0
  • Program Service Revenue: $2,886,756
  • Gross Receipts: $2,886,756

    • Assets and Liabilities:
  • Total Assets: $6,461,485
  • Total Liabilities: $3,347,194
  • Net Assets: $3,114,291
  • Programs

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

    INDEPENDENT LIVING REV

    Revenue

    $1,952,926

    MEALS, LAUNDRY AND OTH

    Revenue

    $627,379

    AFFORDABLE RENTALS

    Revenue

    $160,182

    EMPLOYEE HOUSING

    Revenue

    $81,019

    COMMUNITY FEES

    Revenue

    $65,250

    Organization Details

    Founding Year

    2014

    Principal Officer

    David Dworth

    Main Address

    40 SHERBURNE COMMONS, NANTUCKET, MA, 02554

    NTEE Category

    Code: L22 - Housing

    If you are a representative of The Residence At Sherburne Commons 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.