MI Residential Community Inc is a nonprofit organization categorized as Public Charity based in Lawrence, MA. Its most recent IRS filing (2024) reports revenue of $6.6M, expenses of $4.1M, total assets of $22.2M.
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.
How MI Residential Community Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
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.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $6.6M | $4.1M | $22.2M |
| 2023 | $6.1M | $4.2M | $19.9M |
| 2022 | $5.0M | $4.1M | $17.8M |
| 2020 | $4.5M | $3.9M | $16.2M |
| 2019 | $4.8M | $3.9M | $15.8M |
Between 2019 and 2024, reported annual revenue grew from $4.8M to $6.6M (+39%), with total assets most recently reported at $22.2M.
Interactive year-over-year charts and full filing details available with membership.
