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Maryfield Inc

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

EIN: 581363950 ✦ High point, NC ✦ Designated as a 501(c)(3)

Overview

What is Maryfield Inc?

Maryfield Inc, based in High Point, North Carolina, is a nonprofit organization that operates as a full-service retirement community. Committed to demonstrating God's love for seniors, irrespective of their religious or financial backgrounds, they provide housing and essential health-related services to approximately 365 seniors. As of the end of fiscal year 2022, they extended around $401,000 in benevolent assistance to residents who couldn't fully cover their charges. With a workforce of 620 employees, Maryfield Inc's mission extends beyond basic living arrangements, striving to improve seniors' lives in a nurturing and caring environment.


Official website here: www.pennybyrnatmaryfield.com

Is Maryfield Inc legitimate?

Maryfield Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maryfield 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: $581,844
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,104,599

For more financial information, click here


Official website here: www.pennybyrnatmaryfield.com

What is the mission statement of Maryfield Inc?

Maryfield Inc is a full-service retirement community dedicated to showing God's love to seniors, regardless of their religious affiliation or financial means. The organization's mission is to provide comprehensive services for approximately 365 seniors, offering housing and healthcare assistance. In the previous fiscal year, they granted around $401,000 in benevolent aid to seniors who struggled to pay their charges in full. Maryfield Inc's commitment extends beyond just offering services; it strives to make a difference in the lives of seniors, demonstrating compassion and care.


Official website here: www.pennybyrnatmaryfield.com

Who is the CEO of Maryfield Inc?

Richard Newman is the Ceo & President of Maryfield Inc. The CEO's salary of Maryfield Inc is $264,273 and their total compensation is $323,396.


Official website here: www.pennybyrnatmaryfield.com

What is the revenue of Maryfield Inc?

Maryfield Inc's revenue in 2022 was $35,439,090.


Official website here: www.pennybyrnatmaryfield.com

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

The average compensation at Maryfield Inc during 2022 was $18,849. There are 620 employees and 65 volunteers at Maryfield Inc.

Here are 26 key members and their salaries (Maryfield Inc's CEO's salary is $264,273 and their total compensation is $323,396):

    Richard Newman (Ceo & President) [Trustee/Director]
  • Compensation: $264,273
  • Related: $0
  • Other: $59,123

    • Vonda Hollingsworth (Vice President)
  • Compensation: $185,922
  • Related: $0
  • Other: $53,662

    • Rob Creel (Dir Of Operations)
  • Compensation: $134,308
  • Related: $0
  • Other: $43,557

    • Ted Shalek (Cfo)
  • Compensation: $131,649
  • Related: $0
  • Other: $39,809

    • Melissa Miller (Dir Of Marketing)
  • Compensation: $108,182
  • Related: $0
  • Other: $1,067

    • Sr Lucy Hennessy (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gerard R Gunzenhauser Jr (Vice Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Snow Bencini (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Sr Margaret Cashman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sr Kathleen Coleman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sr Anne Curran (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

    • Sr Margaret Herlihy (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

    • Fr Stephen Hoyt (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

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

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

    • Sr Meki Ngemu (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sr Rosarii O'Connor (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Dennis Carroll (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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


  • Official website here: www.pennybyrnatmaryfield.com

    Where can I find the form 990 for Maryfield Inc?

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


    Official website here: www.pennybyrnatmaryfield.com

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

    Mission Statement of Maryfield Inc

    Maryfield Inc, a committed full service retirement community, strives to demonstrate God's love to seniors, regardless of their religious or financial backgrounds. With a mission rooted in compassion, Maryfield provides essential housing and health-related services to approximately 365 seniors every year.

    The organization goes above and beyond, offering more than just a place to live. In times when some residents face financial struggles, Maryfield extends a helping hand by providing approximately $401,000 in benevolent assistance. This valuable support enables these seniors to continue receiving the necessary care they deserve, despite their inability to fully pay their charges.

    Maryfield Inc's unwavering dedication to its residents is evident through its nurturing and inclusive environment. By focusing on the needs of seniors and offering them the care and assistance they require, this community creates a warm and welcoming atmosphere where every individual feels valued and cherished.

    Impact

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




    Thursday, August 15, 2024

    Maryfield Inc's impact is significant as a full-service retirement community committed to demonstrating God's love to seniors. At the end of fiscal year 2022, Maryfield Inc. was providing housing and health-related services to approximately 365 seniors. Additionally, the organization provided approximately $401,000 in benevolent assistance to residents unable to fully pay their charges. Maryfield Inc.'s mission of caring for seniors, regardless of religion or financial means, makes a tangible difference in the lives of the elderly in High Point, NC.





    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: $1,306,421
  • Program Service Revenue: $29,240,220
  • Gross Receipts: $35,439,090

    • Assets and Liabilities:
  • Total Assets: $167,558,927
  • Total Liabilities: $143,754,426
  • Net Assets: $23,804,501
  • Programs

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

    MARYFIELD NURSING HOME

    Revenue

    $13,600,052

    INDEPENDENT LIVING

    Revenue

    $11,919,666

    ASSISTED LIVING

    Revenue

    $3,484,635

    HOME CARE REVENUE

    Revenue

    $235,867

    Organization Details

    Founding Year

    1950

    Principal Officer

    Richard Newman

    Main Address

    1315 GREENSBORO ROAD, HIGH POINT, NC, 27260

    NTEE Category

    Code: P750 - Human services

    If you are a representative of Maryfield 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.