Public Charity

EDGEWOOD RETIREMENT COMMUNITY INC

Based in NORTH ANDOVER, MA, EDGEWOOD RETIREMENT COMMUNITY INC operates as a Public Charity. The organization reported $31.8M in revenue, $30.3M in expenses, $154.9M in total assets for fiscal year 2024. Imperigo tracks 3 reported grant relationships connected to this organization totaling approximately $40K.

EIN: 043195775 NORTH ANDOVER, MA Supportive Housing for Older Adults NTEE: P75 Latest filing: 2024
Total Revenue$31.8M
Total Expenses$30.3M
Total Assets$154.9M
Grant Records3
Funding Total$40K
Filing Years2020–2024

Mission

THE ORGANIZATION OFFERS INDEPENDENT LIVING, HEALTHCARE AND SUPPORTIVE SERVICES TO EMPOWER MEMBERS TO BE ARCHITECTS OF THEIR OWN WELL-BEING. THE ORGANIZATION ACCOMPLISHES THIS BY A RELENTLESS PURSUIT OF A CARING CULTURE WITH PASSIONATE ATTENTION TO INDIVIDUAL NEEDS AND VALUES.

Where $100 goes at Edgewood Retirement Community Inc

How Edgewood Retirement Community Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$90 Programs the work itself
$10 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $90 for programs

$90
The community consists of 217 residential units, 24 cottages, common space, 40 nursing care beds and 40 assisted living beds
All program spending · Reported in the filing: 217 units; 40 beds; 40 units
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

ADMINISTRATOR Beth Skafas
SECRETARY (UNTIL 05/2024) Camille Miragliotta Daly
TRUSTEE (JOINED 05/2024) Daniel B Cote
EXECUTIVE DIRECTOR David Botte
TREASURER (UNTIL 05/2024) Elliot Hacker
RESIDENT TRUSTEE George Auclair

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$39,649 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $31.8M $30.3M $154.9M
2023 $29.6M $29.7M $144.1M
2022 $28.5M $28.3M $134.2M
2021 $28.1M $28.0M $138.1M
2020 $29.4M $27.8M $134.6M

Between 2020 and 2024, reported annual revenue grew from $29.4M to $31.8M (+8%), with total assets most recently reported at $154.9M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for EDGEWOOD RETIREMENT COMMUNITY INC

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