Public Charity

THE RESIDENCE AT SHERBURNE COMMONS INC

Based in NANTUCKET, MA, THE RESIDENCE AT SHERBURNE COMMONS INC operates as a Public Charity. The organization reported $3.7M in revenue, $3.8M in expenses, $5.9M in total assets for fiscal year 2024.

EIN: 471748506 NANTUCKET, MA Senior Citizens Housing & Retirement Communities NTEE: L22 Latest filing: 2024
Total Revenue$3.7M
Total Expenses$3.8M
Total Assets$5.9M
Grant Records0
Filing Years2020–2024

Mission

TO PROVIDE ASSISTED LIVING AND INDEPENDENT LIVING FOR SENIORS 55 YEARS OF AGE AND OLDER AND OTHER SENIOR AND MEDICAL-RELATED SERVICES TO NANTUCKET'S ELDERLY COMMUNITY.

Where $100 goes at The Residence at Sherburne Commons Inc

How The Residence at Sherburne Commons Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$84 Programs the work itself
$16 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 $84 for programs

$84
To provide assisted living and independent living for seniors 55 years of age and older and other senior and medical-related services to Nantucket's elderly 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

CO VICE-PRESIDENT Bruce Miller
CO VICE-PRESIDENT Catherine Ward
DIRECTOR David Fredericks
DIRECTOR David Worth
TREASURER Joseph Grause
DIRECTOR Joseph Manning

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $3.7M $3.8M $5.9M
2023 $2.9M $3.2M $6.1M
2022 $2.9M $2.9M $6.5M
2021 $3.7M $2.9M $5.8M
2020 $3.2M $3.0M $5.6M

Between 2020 and 2024, reported annual revenue grew from $3.2M to $3.7M (+16%), with total assets most recently reported at $5.9M.

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

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