MONTECEDRO INCClosed
Closed
AI Summary
Montecedro Inc. is a nonprofit organization based in Altadena, California, dedicated to providing specialized housing and healthcare arrangements for older adults through its Continuing Care Retirement Community (CCRC). With an operating budget of $2.1 million for the 2024 filing year, the organization aims to promote the interests and serve the needs of older adults while ensuring their financial security. Montecedro does not rely on a single funder for 50% or more of its revenue, highlighting its diverse funding sources.
Mission Statement
MONTECEDRO, INC. (MCINC) OPERATES HOUSING SPECIALLY DESIGNED FOR OLDER ADULTS, WITH ARRANGEMENTS FOR RESIDENTS' HEALTH CARE AND FINANCIAL SECURITY, AND OTHERWISE PROMOTE THE INTEREST AND SERVE THE NEEDS OF OLDER ADULTS, PROVIDED THAT SUCH ACTIVITIES ARE CONSISTENT WITH ITS EXEMPT PURPOSES. MCINC OPERATES A CONTINUING CARE RETIREMENT COMMUNITY (CCRC) IN ALTADENA, CALIFORNIA (MONTECEDRO) CONSISTING OF RESIDENTIAL AND ASSISTED LIVING. MCINC IS ORGANIZED AS A NONPROFIT CORPORATION UNDER THE GENERAL NONPROFIT CORPORATION LAWS OF THE STATE OF CALIFORNIA. MONTECEDRO OPENED DECEMBER 16, 2015.
Cause Areas
3
Health
Law
Shelter and residential care
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Explore this org's ecosystem
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Charity Verification Snapshot
IRS EO Business Master File Status
Not in Business Master File
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Funder
Total Funding
Funding Share
ECS SUPPORTIVE FUND MANAGEMENT
Altadena, CA, US
$4.7M
22%
HALCYON CLUB
ALTADENA, CA, US
$225.9K
100%
Frequently Asked Questions
What is MONTECEDRO INC’s budget?
In 2024, MONTECEDRO INC reported an annual operating budget of around $2.1 million. More detailed financial information is available to registered users.
What causes does MONTECEDRO INC support?
MONTECEDRO INC supports work in Health, Law, and Shelter and residential care.
Where does MONTECEDRO INC operate?
MONTECEDRO INC is headquartered in Altadena, CA.
Who funded MONTECEDRO INC recently?
In 2021, MONTECEDRO INC received grants from ECS SUPPORTIVE FUND MANAGEMENT, HALCYON CLUB, and HALCYON CLUB. More information on this organization’s funders is available to registered users.
What is the largest grant MONTECEDRO INC received in 2021?
The largest grant to MONTECEDRO INC in 2021 exceeds $14 thousand.