Public Charity

Penacook Place Inc

Based in Haverhill, MA, Penacook Place Inc operates as a Public Charity. The organization reported $12.6M in revenue, $15.7M in expenses, $4.2M in total assets for fiscal year 2024.

EIN: 237090088 Haverhill, MA Nursing Facilities NTEE: E91 Latest filing: 2024
Total Revenue$12.6M
Total Expenses$15.7M
Total Assets$4.2M
Grant Records0
Filing Years2019–2024

Mission

To promote the highest possible quality of life for our residents in a clean, safe, and attractive environment. To care for our residents as we would want to be cared for - the Golden Rule of Penacook Place. To meet or exceed the expectations of our residents, as well as others with whom we come in contact. To show hospitality, courtesy, cooperation, and respect to all residents, family members, fellow employees, volunteers, and visitors.

Where $100 goes at Penacook Place Inc

How Penacook Place Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$92 Programs the work itself
$8 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 $92 for programs

$92
Penacook Place is an independent, non-profit, 160 bed nursing home and rehabilitation facility located in Haverhill, MA that strives to offer the finest care and best quality of…
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

Member Caitlin Masys
President Devon Cormier
LPN Gale L Staples
Member Gregory Shaw
Member Janis Cordischi
Member John Sarro

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $12.6M $15.7M $4.2M
2023 $14.6M $18.1M $4.6M
2022 $14.1M $18.0M $4.9M
2020 $11.4M $11.8M $5.4M
2019 $11.7M $12.6M $4.8M

Between 2019 and 2024, reported annual revenue grew from $11.7M to $12.6M (+8%), with total assets most recently reported at $4.2M.

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

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