Nonprofits›Colony Retirement Homes Inc

Colony Retirement Homes Inc

WORCESTER, MA

Website

Total revenue

$3.1M

Total expenses

$1.9M

Net assets

$16.2M

Grants received

$8.9M

11 grants

EIN

042323137

Tax year

2024

Mission

Dedicated to providing affordable housing for seniors of low and moderate income.

Financials

FY 2024

Revenue

Contributions & grants$187K
Program service revenue$2.3M
Investment income$547K
Other revenue$18K
Total revenue$3.1M

Expenses

Grants paid—
Salaries & benefits$709K
Fundraising—
Other expenses$1.2M
Total expenses$1.9M
Total assets$16.3M
Net assets$16.2M

People

16 listed

NameRoleCompensation

MARIANNE DELOREY

EXECUTIVE DIRECTOR

Board

$174K

10 hrs/wk

HUA XU

CONTROLLER

Board

$94K

9.38 hrs/wk

CONSTANCE NICHOLS

MEMBER

Board

—

0.25 hrs/wk

DIANNE MANN

MEMBER

Board

—

0.25 hrs/wk

CHRIS EVANS

MEMBER

Board

—

0.25 hrs/wk

BOB WOODLAND

MEMBER

Board

—

0.25 hrs/wk

MICHAEL MILLS

PRESIDENT

Board

—

0.25 hrs/wk

TOM SCANNELL

MEMBER

Board

—

0.25 hrs/wk

TRACIE MOORE

MEMBER

Board

—

0.25 hrs/wk

MAYDEE MORALES

MEMBER

Board

—

0.25 hrs/wk

BILL BRASSARD

MEMBER

Board

—

0.25 hrs/wk

BRAD CAMPBELL

TREASURER

Board

—

0.25 hrs/wk

REVEREND JANE WILLAN

MEMBER

Board

—

0.25 hrs/wk

ANDIE BYRD

MEMBER

Board

—

0.25 hrs/wk

TIMOTHY O'BRIEN

SITE SUPERINTENDENT

Staff

$107K

10 hrs/wk

RAYMOND BROWN

SITE SUPERINTENDENT

Staff

$100K

10 hrs/wk

Independent contractors

ELDER SERVICES OF WORCESTER

HEALTH COORDINATOR

$363K

RENAUD ELECTRIC INC

ELECTRICAL CONTRACTOR

$166K

CABE CONTRACTING INC

ROOFING CONTRACTOR

$165K

SYSCO BOSTON LLC

FOOD SUPPLIER

$113K

RICHARD VINTON

CONTRACTOR

$103K

Grants received

Showing 11 of 11

FromAmountPurposeYear
COLONY RETIREMENT HOMES III INC
$79K
GRANT MADE IN CONNECTION WITH CLOSING RESIDUAL RECEIPT ACCOUNT
2024
COLONY RETIREMENT HOMES OF HOLDEN INC
$37K
GRANT MADE IN CONNECTION WITH PRIOR YEAR DISTRIBUTABLE SURPLUS CASH
2024
COLONY RETIREMENT HOMES OF HOLDEN INC
$134K
GRANT MADE IN CONNECTION WITH PRIOR YEAR DISTRIBUTABLE SURPLUS CASH
2023
COLONY RETIREMENT HOMES III INC
$133K
GRANT MADE IN CONNECTION WITH CLOSING RESIDUAL RECEIPT ACCOUNT
2023
COLONY RETIREMENT HOMES III INC
$134K
GRANT MADE IN CONNECTION WITH CLOSING RESIDUAL RECEIPT ACCOUNT
2022
COLONY RETIREMENT HOMES OF HOLDEN INC
$45K
GRANT MADE IN CONNECTION WITH PRIOR YEAR DISTRIBUTABLE SURPLUS CASH
2022
COLONY RETIREMENT HOMES OF HOLDEN INC
$3.0M
GRANT MADE IN CONNECTION WITH REFINANCE (EQUITY OUT PROCEEDS)
2021
COLONY RETIREMENT HOMES III INC
$2.2M
GRANT MADE IN CONNECTION WITH REFINANCE
2021
COLONY RETIREMENT HOMES OF HOLDEN INC
$174K
GRANT MADE IN CONNECTION WITH CLOSING RESIDUAL RECEIPT ACCOUNT.
2020
GREATER WORCESTER COMMUNITY FOUNDATION
$5K
MEALS PROGRAM FOR FRAIL ELDERS
2020
COLONY RETIREMENT HOMES OF HOLDEN INC
$2.9M
GRANT MADE IN CONNECTION WITH MORTGAGE CLOSING FOR FUTURE NEEDS OF ANY COLONY.
2019

Funded by

$8.9M from 3 funders · 11 grants · 2019–2024

Colony Retirement Homes Of Holden Inc

$6.3M · 6 grants · 2019–2024

Colony Retirement Homes Iii Inc

$2.6M · 4 grants · 2021–2024

Details

EIN042323137
Subsection03
Ruling date1964-06
Formed1963
Employees69
Volunteers12
COLONY RETIREMENT HOMES INC — Mission, Financials & Grants Received | Grantivo