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Filing year 2024

MI Residential Community Inc

Lawrence, Massachusetts·EIN 04-2647207·3
Total revenue
$6.6M
Total assets
$22.2M
Total expenses
$4.1M
Reported officers
9
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.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

$30k
$32k

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.

Up 3%
from 2023

From $29k in 2023 to $30k in 2024.

$29k
2023
$30k
2024
In today's dollarsEst.
Roughly flat in real terms$32k to $32k

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 Residential Community Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$6.1M
$4.2M
2023
$6.6M
$4.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
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