Public Charity

MI Nursing Restorative Center Inc

MI Nursing Restorative Center Inc is a nonprofit organization categorized as Public Charity based in Lawrence, MA. Its most recent IRS filing (2024) reports revenue of $21.5M, expenses of $22.5M, total assets of $54.1M. Imperigo tracks 4 reported grant relationships connected to this organization totaling approximately $34K.

EIN: 042104851 Lawrence, MA Nursing Facilities NTEE: E91 Latest filing: 2024
Total Revenue$21.5M
Total Expenses$22.5M
Total Assets$54.1M
Grant Records4
Funding Total$34K
Filing Years2019–2024

Mission

The mission of MI Nursing Restorative Center Inc. is to respond with compassionate care and dignity to the health, social and spiritual needs of well, sick, and frail elders. The Center also offers and extends supportive presence and programs to the families of residents. The quality of our services are achieved through embracing core values that include compassion, competence, and collaboration.

Where $100 goes at MI Nursing Restorative Center Inc

How MI Nursing Restorative Center Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$87 Programs the work itself
$13 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 $87 for programs

$87
The Center provides nursing and quality-of-life services the elderly in its community
All program spending
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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

Director Deacon Eric Peabody
Chair Deborah L Turiano Md
Administrator Delbert Downing
President & CEO Gerard Foley
RN Jan Nova Mae Labao
RN Majarlina Sugayan

Officer compensation and complete director data available with membership.

Top Grant Purposes

Health & Medicine
$20,000 2 grants
General Support
$14,500 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $21.5M $22.5M $54.1M
2023 $19.2M $20.9M $52.2M
2022 $16.3M $19.5M $46.7M
2020 $19.3M $18.2M $43.1M
2019 $22.5M $20.1M $42.1M

Between 2019 and 2024, reported annual revenue declined from $22.5M to $21.5M (-4%), with total assets most recently reported at $54.1M.

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

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