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Filing year 2024

MI Nursing Restorative Center Inc

Lawrence, Massachusetts·EIN 04-2104851·NTEE E910 · Health Care·3
Total revenue
$21.5M
Total assets
$54.1M
Total expenses
$22.5M
Reported officers
14
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.

Executive compensation, broken down

Form 990 · Schedule J · 6 reported individuals · Filing year 2024

$242k
$258k
Base
$182k
Bonus
$23k
Other
$6k
Benefits
$26k
Administrator
highest compensated employee
$216k
$231k
Base
$159k
Bonus
$26k
Other
$3k
Benefits
$24k
RN
highest compensated employee
$206k
$220k
Base
$171k
Bonus
Other
$82
Benefits
$32k
RN
highest compensated employee
$191k
$204k
Base
$169k
Bonus
$200
Other
$75
Benefits
$19k
Director of Nursing
highest compensated employee
$183k
$195k
Base
$149k
Bonus
$16k
Other
$3k
Benefits
$11k
RN
highest compensated employee
$164k
$175k
Base
$138k
Bonus
$2k
Other
$127
Benefits
$23k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

Browse compensation in Health Care

Up 30%
from 2023

From $186k in 2023 to $242k in 2024.

$186k
2023
$242k
2024
In today's dollarsEst.
Up 26% in real terms$205k to $258k

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

MI Nursing Restorative Center Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$19.2M
$20.9M
2023
$21.5M
$22.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Health Care executives earn in Massachusetts

Comparable health care organizations in Massachusetts pay their highest-earning executive a median of $169,601.

25th percentile
$66k
Median
$169,601
75th percentile
$296k
90th percentile
$481k

These are health care sector-wide figures, not this organization's reported pay. Based on 82 organizations across 82 filings (2022 – 2023).

See full Health Care pay data for Massachusetts
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