Mount Pleasant Home
- Assets
- $17.6m
- Revenue
- $4.8m
- Investments
- $0.0
- Employees
- 45
- Location
- Jamaica Plain, MA
- Founding
- 04/1982
- Data as of
- 12/2022
- EIN
- 04-2103822
Organization Overview
Mount Pleasant Home is located in Jamaica Plain, MA. The organization was established in 1982. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. As of 12/2022, Mount Pleasant Home employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mount Pleasant Home is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Mount Pleasant Home generated $4.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $4.3m during the year ending 12/2022. While expenses have increased by 4.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF MOUNT PLEASANT HOME IS TO PROVIDE HOUSING AND SERVICE OPTIONS FOR ELDERS WITH EMPHASIS ON SERVING A DIVERSE POPULATION AND GIVING PRIORITY TO THOSE WITH LIMITED FINANCIAL RESOURCES AND INADEQUATE SUPPORT SYSTEMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESIDENT CARE PROVIDED FOR AGED MEN AND WOMEN IN A 60-BED RESIDENTIAL CARE FACILITY LICENSED BY THE MA DEPARTMENT OF PUBLIC HEALTH AS A LONG-TERM CARE FACILITY. HOUSING, DAILY MEALS, SUPPORT SERVICES, AND MEDICAL OVERSIGHT ARE PROVIDED BY A STAFF ON DUTY 24 HRS PER DAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Seaman Exec Director | Trustee | 40 | $173,474 |
Priscilla Ellis Trustee | Trustee | 2 | $0 |
Karen Ridgley President | OfficerTrustee | 2 | $0 |
Susan M Mcdermott Clerk | OfficerTrustee | 2 | $0 |
Gregory Batsevitsky Treasurer | OfficerTrustee | 2 | $0 |
Nina Lev Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $170,701 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $170,701 |
| Total Program Service Revenue | $4,239,927 |
| Investment income | $15,340 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $277,055 |
| Net Gain/Loss on Asset Sales | $16,217 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,839,745 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $173,474 |
| Compensation of current officers, directors, key employees. | $173,474 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,393,556 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $264,700 |
| Payroll taxes | $187,241 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $14,737 |
| Office expenses | $168,772 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $481,248 |
| Travel | $93 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $543,871 |
| Insurance | $100,536 |
| All other expenses | $254,781 |
| Total functional expenses | $4,323,484 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,359,047 |
| Savings and temporary cash investments | $655,521 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $331,885 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $12,373 |
| Net Land, buildings, and equipment | $14,028,528 |
| Investments—publicly traded securities | $1,053,662 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $118,081 |
| Total assets | $17,559,097 |
| Accounts payable and accrued expenses | $286,803 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $8,886,182 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $36,302 |
| Total liabilities | $9,209,287 |
| Net assets without donor restrictions | $8,349,810 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $17,559,097 |