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MI Residential Community INC

Public charityFed auditsIRS 990
Other · LAWRENCE, MA · EIN 04-2647207

About

Mary Immaculate Residential Community exists to provide an affordable, safe, and enriched living environment for low income elders and persons with disabilities. Supportive services such as housekeeping, personal care, shopping, transportation, and social opportunities are coordinated by on site staff to ensure elders are able to age in place with dignity and maximum independence. Social and religious activities are offered on site and open to all.

Donations are tax-deductible
Category
Other
Employees
19
Volunteers
9

Financial Snapshot

FY ending 2024-12-31
Revenue
$6.6M
Expenses
$4.1M
Assets
$22.2M
Liabilities
$7.3M

Financial history

$6.6M$3.3M$0
161718192021222324
RevenueExpenses
Latest FY2024: $6.6M · Avg: $3.9M
MI RESIDENTIAL COMMUNITY INC
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Address

189 Maple Street
Lawrence, MA, 01841-376

Governance

Voting board members9
Independent members8
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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