2025-10-30T15:02:47-05:00 2024-12-31 010494526 Baker Newman & Noyes 650 Elm Street Suite 302 Manchester NH 03101 990 2024-01-01 042647207 MI Residential Community Inc MIRE 9786856321 189 Maple Street Lawrence MA 01841 William Shaheen CPA Treasurer 9786856321 2025-10-20 1 0 Connor Smart P02285543 6036262200 2025-10-20 2024 2025-03-06 01:10:19Z Gerard Foley 189 Maple Street Lawrence MA 01841 6622454 0 X www.mihcs.org X 1977 MA 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. 9 8 19 9 0 0 0 0 6092307 6586821 5455 6762 28030 28871 6125792 6622454 0 0 0 0 799216 959139 0 0 0 3386953 3173295 4186169 4132434 1939623 2490020 19859171 22190395 7470619 7311823 12388552 14878572 X 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. 0 0 3372019 0 6586821 Marguerite d'Youville, Mother of Universal Charity, began a rich tradition of caring for the most vulnerable. The Grey Nuns have continued this tradition by focusing on programs serving the poor and underserved. In the spirit of Marguerite d'Youville and the Grey Nuns, the community of Mary Immaculate continues to serve those most vulnerable through its sponsorship of a wide variety of good neighbor activities. These activities are organized and facilitated by our mission department. 3372019 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 X 9 0 1 19 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 8 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X X Fredericka Baker Controller 9786856321 189 Maple Street Lawrence MA 01841 Gerard Foley President & CEO 1.00 45.00 X X 0 211499 30035 Raisa T Carrasco-Velez Director 1.00 4.00 X 0 0 0 Rev John Delaney Director 1.00 4.00 X 0 0 0 Roger Desjardins Director 1.00 4.00 X 0 0 0 Deacon Eric Peabody Director 1.00 4.00 X 0 0 0 Sr Marcia Wiley Director 1.00 4.00 X 0 0 0 Deborah L Turiano MD Chair 1.00 4.00 X X 0 0 0 William Shaheen CPA Treasurer 1.00 4.00 X X 0 0 0 Samer Obeid Esq Secretary 1.00 4.00 X X 0 0 0 0 211499 30035 0 0 1 0 Essex Companies 177 Marsh Road Pelham NH 03076 General contractor 168788 Stanley Elevators 120 Leland Street Unit 18 Framingham MA 01702 Elevator maintance 118211 2 Residential services 623000 6586821 6586821 6586821 6762 6762 28871 0 28871 28871 28871 6622454 6586821 0 35633 X 811509 776301 35208 10244 9982 262 74396 72495 1901 62990 61380 1610 261210 261210 10048 10048 42200 42200 742956 689793 53163 3191 2963 228 63379 58750 4629 685671 636607 49064 1189 1104 85 289450 289450 891722 891722 158711 147354 11357 Food and dining 19535 19535 Provision for bad debt 4033 4033 4132434 3372019 760415 0 2047462 4123951 3749 177500 61684 55384 36694835 28423738 8709433 8271097 9036843 9562463 19859171 22190395 77189 98800 110286 6823527 6702508 569903 400229 7470619 7311823 X 6341142 8831162 6047410 6047410 12388552 14878572 19859171 22190395 2490020 0 X X 0 1 X 1 1 1 X 4482935 4738575 4941124 6092307 6586821 26841762 4482935 4738575 4941124 6092307 6586821 26841762 0 0 0 26841762 2210 2021 2630 33485 35633 75979 2210 2021 2630 33485 35633 75979 4485145 4740596 4943754 6125792 6622454 26917741 0.99720 0.99340 0.00280 0.00170 X 105582 105582 34940900 27142429 7798471 1572041 1281309 290732 76312 76312 8271097 Escrow accounts 156780 Replacement reserves 9324250 Resident funds and deposits 81433 9562463 Due to affiliates 318796 Tenant security deposits 77846 Resident fund liabilities 3587 400229 X Part X, Line 2: Covenant and its member organizations are considered not-for-profit corporations as described in Section 501(c)(3) of the Internal Revenue Code and are exempt from federal income taxes on related income pursuant to Section 501(a) of the Code. Tax-exempt organizations could be required to record an obligation for income taxes as the result of a tax position they have historically taken on various tax exposure items including unrelated business income or tax status. Under guidance issued by the Financial Accounting Standards Board, assets and liabilities are established for uncertain tax positions taken or positions expected to be taken in income tax returns when such positions are judged to not meet the "more-likely-than-not" threshold, based upon the technical merits of the position. Estimated interest and penalties, if applicable, related to uncertain tax positions are included as a component of income tax expense. The System has evaluated the position taken on its filed tax returns. The System has concluded no uncertain income tax positions exist at December 31, 2024. 0 0 0 0 0 0 0 0 0 Gerard Foley President & CEO 0 182213 0 23422 0 5864 0 4241 0 25794 0 241534 0 0 Part I, Line 3 Any compensation paid to the trustees, directors, officers or key employees of the Organization is subject to the oversight and decisions of Covenant Health, a related tax-exempt organization. Every two-to-three years the Compensation Committee of the Covenant Health Board of Directors engages an external consultant to provide competitive market data from various survey sources, which is then used to develop recommendations for changes to the compensation program. Since 2003, the Compensation Committee has engaged a human resources consultant to conduct this analysis. Objectives of the analysis are to assess the compositeness of the total cash compensation levels of the senior leadership team, develop market based competitive salary ranges for all executive positions, and ensure that the annual incentive opportunities, if there are any, are competitive and reasonable. Form 990, Part V, Lines 1-2: MI Residential Community, Inc. ("MIRC") is part of Mary Immaculate Health Care Services, itself a collection of entities and member of the Covenant Health System of Andover, Massachusetts. All officers, employees, executives, physicians, contractors and/or other labor providers who offer services to MIRC are legally and technically employed and compensated by either Covenant Health, Inc., or MI Nursing Restorative Center. MIRC does not file its own payroll reporting forms, including Forms W-2, 1099-MISC, or 1099-NEC. However, MIRC does have dedicated employees and contractors that are paid through the MI Nursing Restorative Center, with the Center acting as a common paymaster for MIRC. Therefore, and in accordance with IRS Instructions, the Organization has listed its share of the Center's total employees on this Form 990, Part V, Line 2, even though such individuals' Forms W-2 were technically filed by the Center and not MIRC. As the common paymaster for MIRC, the Center ensured that all required federal employment tax returns for all employees were timely and compliantly filed, and so Part V, Line 2b has been answered "yes." This also applies to MIRC's top-five highest paid employees and top-five highest paid independent contractors (whether or not such were paid at or above the Form 990 reporting threshold); these individuals and service providers, while compensated for services performed in their capacity as MI Nursing Restorative Center and/or Covenant Health employees rendered on behalf of and for MIRC, are technically paid by and receive payroll reporting forms from the Center or Covenant Health, Inc. In accordance with IRS Instructions and to maintain transparency, such persons and contractors have been disclosed as MIRC's top-five highest paid employees and independent contractors, though such persons and entities are technically paid by related organizations. Form 990, Part VI, Section A, line 6 Covenant Health, Inc. is the sole corporate member of the Organization. Form 990, Part VI, Section A, line 7a As the sole corporate member of the Organization, Covenant Health, Inc. retains the ability to elect and remove the Organization's board of directors with or without cause. Form 990, Part VI, Section A, line 7b As the sole corporate member of the Organization, Covenant Health, Inc. has the following powers and rights over the Organization and its subsidiaries as outlined in the Organization's bylaws: 1. To approve any change in the written statements of philosophy and mission; 2. To amend and to repeal the organizing and governing documents; 3. To elect the Board of Directors or remove them with or without cause; 4. To appoint and remove the president; 5. To ratify the Board of Director's election of the Chair of the Board; 6. To approve all plans of merger, consolidation, reorganization, dissolution, or the sale, lease assignment, or transfer of substantially all of the assets, or the purchase or acquisition of an interest in any corporation, partnership, joint venture, or other entity; 7. To approve all long-range strategic plans before implementation; 8. To approve the acquisition, sale, or encumbrance of any real estate valued in excess of an amount set by the Member in writing; 9. To approve all capital budgets and non-budgeted expenses in excess of an amount set by the Member in writing; 10. To approve all debt in excess of limits set by the Member in writing; 11. To appoint the auditors; 12. To approve the sale, assignment, or transfer of any equity interest or membership interest in any subsidiary; 13. To approve any reclassification or other change of any capital stock or other equity security; and, 14. To approve the issuance of, or the creation of any obligation to issue, any equity security. Form 990, Part VI, Section B, line 11b The Form 990 is provided to the governing body for their review and approval prior to filing. Form 990, Part VI, Section B, line 12c This process is the responsibility of the Compliance Officer. A conflict of interest disclosure form is submitted to all leadership, board members, board committee members, employed physicians, medical directors and certain employees in key positions annually to be completed. Reminders are sent to all persons of interest to ensure that all conflict of interest disclosure forms are completed and collected. Form 990, Part VI, Section B, line 15 Any compensation paid to the trustees, directors, officers or key employees of the Organization is subject to the oversight and decisions of Covenant Health, a related tax-exempt organization. Every two-to-three years the Compensation Committee of the Covenant Health Board of Directors engages an external consultant to provide competitive market data from various survey sources, which is then used to develop recommendations for changes to the compensation program. Since 2003, the Compensation Committee has engaged a human resources consultant to conduct this analysis. Objectives of the analysis are to assess the compositeness of the total cash compensation levels of the senior leadership team, develop market based competitive salary ranges for all executive positions, and ensure that the annual incentive opportunities, if there are any, are competitive and reasonable. Form 990, Part VI, Section C, line 19 The Organization's Form 990, governing documents, conflict of interest policy, and financial statements are made available to the public upon request. The Organization's Form 990 is also made available on the website of its parent organization, Covenant Health, at the following web address: https://www.covenanthealth.net/financials Form 990, Part IX, line 11g Administrative and office support: Program service expenses 523,489. Management and general expenses 40,346. Fundraising expenses 0. Total expenses 563,835. Property and grounds maintenance: Program service expenses 166,304. Management and general expenses 12,817. Fundraising expenses 0. Total expenses 179,121. Form 990, Part XII, Line 2c: The audit process has not changed from the prior year. Alternative Health Services 360 Broadway Bangor ME 04402 010422885 Home health and hospice ME 501(c)(3) Line 10 St Joseph Healthcare Foundation 0 Bangor Nursing and Rehabilitation Center 103 Texas Avenue Bangor ME 04401 010538534 Nursing home and restorative facility ME 501(c)(3) Line 10 Covenant Health Inc 0 CHS of Waltham Inc dba Maristhill Nursing & Rehab Center 66 Newton Street Waltham MA 02453 043333609 Nursing home and restorative facility MA 501(c)(3) Line 10 Covenant Health Inc 0 CHS of Worcester Inc dba St Mary Care Center 39 Queen Street Worchester MA 01610 043419625 Nursing home and restorative facility MA 501(c)(3) Line 10 Covenant Health Inc 0 Community Clinical Services PO Box 7291 Lewiston ME 04243 010409788 Physician practice ME 501(c)(3) Line 10 St Mary's Health System 0 Covenant Health Foundation Inc 40 Shattuck Drive 317 Andover MA 01810 800199674 Charitable foundation MA 501(c)(3) Line 12a, I Covenant Health Inc 0 Covenant Health Investment Trust 40 Shattuck Drive 317 Andover MA 01810 046835128 Investment trust MA 501(c)(3) Line 12a, I Covenant Health Inc 0 Covenant Health Inc 40 Shattuck Drive 317 Andover MA 01810 222484505 Health care management and resource organization MA 501(c)(3) Line 10 N/A 0 Fanny Allen Corporation Inc 40 Shattuck Drive 317 Andover MA 01810 222495808 Charitable foundation VT 501(c)(3) Line 12a, I Covenant Health Inc 0 Fanny Allen Holdings Inc 40 Shattuck Drive 317 Andover MA 01810 030181052 Real estate holding company VT 501(c)(3) Line 12a, I Covenant Health Inc 0 Helping Hands of St Marguerite Inc 799 Concord Avenue Cambridge MA 02138 800199674 Private home-care health services MA 501(c)(3) Line 10 Covenant Health Inc 0 M & J Company 360 Broadway Bangor ME 04402 222480150 Lease holding company ME 501(c)(2) St Joseph Healthcare Foundation 0 Mary Immaculate Guild Inc 172 Lawrence Street Lawrence MA 01841 463073987 Supporting grants and donations MA 501(c)(3) Line 12a, I Covenant Health Inc 0 MI Adult Day Health Care Center Inc 189 Maple Street Lawrence MA 01841 042921888 Adult day care services MA 501(c)(3) Line 10 Covenant Health Inc 0 MI Management Inc 172 Lawrence Street Lawrence MA 01841 042857794 Assisted living services MA 501(c)(3) Line 12a, I Covenant Health Inc 0 MI Nursing Restorative Center Inc 172 Lawrence Street Lawrence MA 01841 042104851 Nursing home and restorative facility MA 501(c)(3) Line 10 Covenant Health Inc 0 MI Transportation Inc 189 Maple Street Lawrence MA 01841 042921889 Elderly transportation services MA 501(c)(3) Line 10 Covenant Health Inc 0 Mount St Rita Health Centre 15 Sumner Brown Road Cumberland RI 02864 050342330 Nursing home RI 501(c)(3) Line 10 Covenant Health Inc 0 Neighborhood Housing Initiative PO Box 7291 Lewiston ME 04243 010539730 Affordable housing services ME 501(c)(3) Line 10 St Mary's Health System 0 Penacook Place Inc 150 Water Street Haverhill MA 01830 237090088 Nursing home MA 501(c)(3) Line 10 Covenant Health Inc 0 Souhegan Nursing Association 24 North River Road Milford NH 03055 020222795 Home health and hospice NH 501(c)(3) Line 10 St Joseph Hospital of Nashua NH Inc 0 St Joseph Ambulatory Care Inc 360 Broadway Bangor ME 04402 222480373 Physician practice ME 501(c)(3) Line 10 St Joseph Healthcare Foundation 0 St Andre Health Care 407 Pool Street Biddeford ME 04005 010342399 Nursing home and restorative facility ME 501(c)(3) Line 10 Covenant Health Inc 0 St Joseph Healthcare Foundation 360 Broadway Bangor ME 04402 222480149 Healthcare foundation ME 501(c)(3) Line 10 Covenant Health Inc 0 St Joseph Hospital 360 Broadway Bangor ME 04402 010212435 Hospital and health care facility ME 501(c)(3) Line 3 St Joseph Healthcare Foundation 0 St Joseph Manor Health Care 215 Thatcher Street Brockton MA 02302 042565937 Nursing home and restorative facility MA 501(c)(3) Line 10 Covenant Health Inc 0 St Joseph's Hospital of Nashua NH Inc 172 Kinsley Street Nashua NH 03061 020222215 Hospital and health care facility NH 501(c)(3) Line 3 Covenant Health Inc 0 St Mary's D'Youville Pavilion PO Box 7291 Lewiston ME 04243 010211558 Nursing home and restorative facility ME 501(c)(3) Line 10 St Mary's Health System 0 St Mary's Health System PO Box 7291 Lewiston ME 04243 222504349 Hospital and health care facility ME 501(c)(3) Line 12a, I Covenant Health Inc 0 St Mary's Regional Medical Center PO Box 7291 Lewiston ME 04243 010211551 Hospital and health care facility ME 501(c)(3) Line 3 St Mary's Health System 0 St Mary's Residences PO Box 7291 Lewiston ME 04243 222504356 Low income housing ME 501(c)(3) Line 10 St Mary's Health System 0 St Mary's Villa Nursing Home Inc 675 St Marys Villa Road Moscow PA 18444 232057177 Nursing home and restorative facility PA 501(c)(3) Line 10 Covenant Health Inc 0 The Surgicenter at St Joseph Hospital Inc 172 Kinsley Street Nashua NH 03061 020222215 Healthcare and surgery center NH 501(c)(3) Line 10 St Joseph Hospital of Nashua NH Inc 0 Youville Hospital and Rehabilitation Center Inc 1575 Cambridge Street Cambridge MA 02138 043239563 Hospital and health care facility MA 501(c)(3) Line 10 Youville Lifecare Inc 0 Youville House Inc 1573 Cambridge Street Cambridge MA 02138 043239593 Assisted living services MA 501(c)(3) Line 10 Youville Lifecare Inc 0 Youville Lifecare Inc 1575 Cambridge Street Cambridge MA 02138 042103582 Hospital and health care facility MA 501(c)(3) Line 10 Covenant Health Inc 0 Youville Place 10 Pelham Road Lexington MA 02421 043297834 Assisted living services MA 501(c)(3) Line 10 Covenant Health Inc 0 Bangor Nursing and Rehabilitation Center 103 Texas Avenue Bangor ME 04401 010538534 Long-term care nursing facility ME 501(c)(3) Line 10 Covenant Health Inc 0 Campus Holding PO Box 7291 Lewiston ME 04240 010406049 Holding company ME N/A C 0 Covenant Health Insurance LTD PO Box 69 Grand Cayman CJ KY1-1102 043360127 Self-insurance company CJ N/A C 0 GNM Corporation 172 Kinsley Street Nashua NH 03060 020400550 Real estate holding company NH N/A C 0 SJ Physicians Services 172 Kinsley Street Nashua NH 03060 020522234 Physician practice NH N/A C 0 St Joseph Corporate Services Inc 172 Kinsley Street Nashua NH 03060 020405197 Holding company NH N/A C 0 Strauss Incorporated 360 Broadway Bangor ME 04402 010391369 Repairs and transcriptions ME N/A C 0 0 0 0 0 1 0 0 0 0 0 0 1 1 1 1 0 0 0 0