MI Residential Community II Inc

EIN: 042679954 501(c)(3)

Lawrence, MA

Total Revenue
N/A
Total Expenses
N/A
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
MA
Principal Officer
Jeanne Leydon
Phone
9789856321
Tax Period
2019-01-01 to 2019-12-31

Mission

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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2019 2018 Change
Revenue N/A $196,863 -1.0%
Expenses N/A $191,740 -1.0%
Net Income N/A $5,123 N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
10
Employees
N/A
Volunteers
15

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$206,828
Total Directors
16
$206,828
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jeanne Leydon President & CEO 0.00
Officer Director
$0 $15,642 $206,828
Raisa T Carrasco-Velez Director 0.00
Director
$0 $0 $0
Rev John Delaney Director 0.00
Director
$0 $0 $0
Roger Desjardins Director 0.00
Director
$0 $0 $0
Arline El-Ashkar MSN RN Director 0.00
Director
$0 $0 $0
Michael Miller Director (end 2/19) 0.00
Director
$0 $0 $0
Samer Obeid Esq Director 0.00
Director
$0 $0 $0
Fred P Shaheen Director (end 4/19) 0.00
Director
$0 $0 $0
William Shaheen Director 0.00
Director
$0 $0 $0
Sr Marcia Wiley Director 0.00
Director
$0 $0 $0
Margaret Shaheen Chair (end 4/19) 0.00
Officer Director
$0 $0 $0
Deborah L Turiano MD Vice Chair (end 4/19); Chair 0.00
Officer Director
$0 $0 $0
Rosemarie Connolly Treasurer 0.00
Officer Director
$0 $0 $0
Karen J Miller Treasurer (end 4/19) 0.00
Officer Director
$0 $0 $0
Karen Gallagher Giangrande Clerk 0.00
Officer Director
$0 $0 $0
Rev Peter Gori OSA JCD Clerk (LOA 2/19) 0.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2019 No data No data No data No data
2018 $196,863 $191,740 $493,081 $5,123
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