Nonprofit · EIN 04-2104851
MI NURSING-RESTORATIVE CENTER INC
Tax-exempt · LAWRENCE, MA 01841
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $21,499,715 | $22,502,259 | -$1,002,544 | $54,117,416 | $2,593,802 | $51,523,614 |
| December 31, 2023 | 990 | $19,216,835 | $20,889,019 | -$1,672,184 | $52,157,254 | $2,750,010 | $49,407,244 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $784,386
- of which government grants
- $647,500
- Program service revenue
- $20,189,376
- Investment income
- $525,953
- Net gain from sales of assets
- -$164,191
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $5,626
- Compensation of officers, directors and key employees
- $241,534
- Other salaries and wages
- $12,714,461
- Salaries, compensation and benefits (total)
- $15,174,105
- Professional fundraising fees
- $0
- Legal fees
- $39,455
- Accounting fees
- $3,450
- Occupancy
- $392,004
- Travel
- $118
- Depreciation
- $678,570
- Program services (functional)
- $21,041,153
- Management and general (functional)
- $1,461,106
Balance sheet and other
- Total assets, start of year
- $52,157,254
- Total assets, end of year
- $54,117,416
- Total liabilities, end of year
- $2,593,802
- Net assets, end of year
- $51,523,614
- Land, buildings and equipment
- $6,372,209
- Net assets without donor restrictions
- $51,458,279
- Net assets with donor restrictions
- $65,335
- Gross receipts
- $23,159,236
- Employees
- 307
- Volunteers
- 8
- Year formed
- 1875
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Gerard Foley | President & CEO Trustee or director, Officer | 41 | $211,499 | $30,035 |
| Delbert Downing | Administrator Highest-paid employee | 33 | $187,923 | $28,340 |
| Jan Nova Mae Labao | RN Highest-paid employee | 40 | $171,309 | $34,326 |
| Majarlina Sugayan | RN Highest-paid employee | 40 | $169,470 | $21,936 |
| Patricia Shaw | Director of Nursing Highest-paid employee | 33 | $167,364 | $15,660 |
| Shiela Salway | RN Highest-paid employee | 40 | $139,544 | $24,421 |
| Raisa T Carrasco-Velez | Director Trustee or director | 1 | $0 | $0 |
| Rev John Delaney | Director Trustee or director | 1 | $0 | $0 |
| Roger Desjardins | Director Trustee or director | 1 | $0 | $0 |
| Deacon Eric Peabody | Director Trustee or director | 1 | $0 | $0 |
| Sr Marcia Wiley | Director Trustee or director | 1 | $0 | $0 |
| Deborah L Turiano MD | Chair Trustee or director, Officer | 1 | $0 | $0 |
| William Shaheen CPA | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Samer Obeid Esq | Secretary Trustee or director, Officer | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Delbert Downing | Administrator Highest-paid employee | 33 | $159,073 | $27,224 |
| Gerard Foley | President & CEO Trustee or director, Officer | 41 | $145,217 | $29,137 |
| Patricia Shaw | Director of Nursing Highest-paid employee | 33 | $148,875 | $15,273 |
| Paula Ralls | ADON Highest-paid employee | 40 | $107,361 | $10,263 |
| Paula Smith | Unit Manager, LPN Highest-paid employee | 40 | $110,767 | $6,788 |
| Rukayat Ibraheem | Unit Manager, RN Highest-paid employee | 40 | $108,413 | $2,657 |
| Raisa T Carrasco-Velez | Director Trustee or director | 1 | $0 | $0 |
| Rev John Delaney | Director Trustee or director | 1 | $0 | $0 |
| Roger Desjardins | Director Trustee or director | 1 | $0 | $0 |
| Deacon Eric Peabody | Director Trustee or director | 1 | $0 | $0 |
| Sr Marcia Wiley | Director Trustee or director | 1 | $0 | $0 |
| Karen Gallagher Giangrande | Clerk (end 4/2023) Trustee or director, Officer | 1 | $0 | $0 |
| Samer Obeid Esq | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| William Shaheen CPA | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Deborah L Turiano MD | Chair Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 172 LAWRENCE ST, LAWRENCE, MA 01841-3849
- Principal officer (990 for 2024)
- Gerard Foley, 172 Lawrence Street, Lawrence, MA 01841
- Signed the 990
- William Shaheen CPA, Treasurer
- Phone
- (978) 685-6321
- Website
- www.mihcs.org
- Return prepared by
- Baker Newman & Noyes
Mission
The mission of MI Nursing Restorative Center Inc. is to respond with compassionate care and dignity to the health, social and spiritual needs of well, sick, and frail elders. The Center also offers and extends supportive presence and programs to the families of residents. The quality of our services are achieved through embracing core values that include compassion, competence, and collaboration.
Program accomplishments
- The Center provides nursing and quality-of-life services the elderly in its community. In 2024, the Center provided eldercare through the operation of a 231 bed skilled nursing facility, where the Center provided skilled nursing care, rehabilitation services, dietary services, laundry and housekeeping services, and numerous social activities.Expenses $21,041,153 · grants $5,626 · revenue $20,189,376
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 04-2104851
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Exempt since
- 1946
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E910)
- Group exemption
- 0928: UNITED STATES CATHOLIC CONFERENCE
- Assets (IRS master file)
- $54,117,416
- Income (IRS master file)
- $23,159,236
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $21,499,715 | $22,502,259 | $54,117,416 | XML |
| 990 | December 2023 | $19,216,835 | $20,889,019 | $52,157,254 | XML |
| 990 | December 2022 | $16,330,713 | $19,531,118 | $46,736,310 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2104851).
Questions about MI NURSING-RESTORATIVE CENTER INC
- What is the EIN of MI NURSING-RESTORATIVE CENTER INC?
- The employer identification number (EIN) of MI NURSING-RESTORATIVE CENTER INC is 04-2104851.
- Is MI NURSING-RESTORATIVE CENTER INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1946.
- Which annual return does MI NURSING-RESTORATIVE CENTER INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MI NURSING-RESTORATIVE CENTER INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MI NURSING-RESTORATIVE CENTER INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MI NURSING-RESTORATIVE CENTER INC?
- The 990 for the year ended December 31, 2024 names Gerard Foley.
- Who are the officers and directors of MI NURSING-RESTORATIVE CENTER INC?
- The 990 for the year ended December 31, 2024 lists 14 people; 6 received compensation from the organization, the highest $211,499 (Gerard Foley, President & CEO).
- How much revenue does MI NURSING-RESTORATIVE CENTER INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $21,499,715, expenses of $22,502,259 and total assets of $54,117,416 at year end.
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