Overview

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Est.

1995

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Metro Health Foundation of Massachusetts Inc (EIN: 58-2211053) is a nonprofit organization dedicated to providing affordable housing for the elderly, primarily focusing on nursing homes. With an operating budget of $13.9 million and total revenue of $14.4 million for the 2024 filing year, the organization plays a significant role in supporting elder care in Massachusetts. The foundation does not rely on a single funder for 50% or more of its revenue. More information can be found on their website at https://www.banecare.com.

Mission Statement

TO PROVIDE AFFORDABLE HOUSING FOR THE ELDERLY.
Revenues
$14.4M
Expenses
$13.9M
Net Income:
+$467.2K
Assets
$2.7M
Liabilities
$1.9M
Net Assets:
+$859.5K
Operating Budget
$13.9M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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J
Jason Geisinger
Board Member
J
Jonathan Neagle
Board Member
M
Maryanne Peabody
Board Member

Frequently Asked Questions

What is METRO HEALTH FOUNDATION OF MASSACHUSETTS INC’s budget?
In 2024, METRO HEALTH FOUNDATION OF MASSACHUSETTS INC reported an annual operating budget of around $13.9 million. More detailed financial information is available to registered users.
What causes does METRO HEALTH FOUNDATION OF MASSACHUSETTS INC support?
METRO HEALTH FOUNDATION OF MASSACHUSETTS INC supports work in Nursing homes.
Where does METRO HEALTH FOUNDATION OF MASSACHUSETTS INC operate?
METRO HEALTH FOUNDATION OF MASSACHUSETTS INC is headquartered in Braintree, MA.