Mason Wright Senior Living Inc
Nonprofit profile at a glance
- EIN
- 471890506
- IRS 990 coverage
- 2018–2024
- Forms available
- Form 990 2024, Form 990-N 2015
- Location
- Springfield, MA, USA
- Phone
- 4137331517
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Senior Citizens' Housing/Retirement Communities
Reported finances
- Revenue
- $4,616,635
- Expenses
- $5,079,834
- Assets
- $5,055,845
- Liabilities
- $4,069,277
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- ALAN POPP (PRESIDENT & CEO)
- ALLISON EBNER (VICE PRESIDENT)
- CATHY LALETA-BALLINI (EXECUTIVE DIRECTOR)
Highest reported compensation
- ALAN POPP (PRESIDENT & CEO): $317,938 total reported compensation
- WILLIAM HAWKINS (CHIEF FINANCIAL OFFICER): $211,099 total reported compensation
- CATHY LALETA-BALLINI (EXECUTIVE DIRECTOR): $152,392 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide housing and services to seniors; and to carry on any other activity incidental to and in support of and to benefit said individuals. The entity provides high quality living assistance programs, meals, housekeeping and other services.
What it reported doing in 2024
Assisted living - our assisted living residence consists of one-bedroom and studio apartments, all with private baths. Residents can enjoy life in the privacy of their rooms, newly renovated common areas, in our comfortable, fire placed living and dining rooms, or in our four seasons room. Services include professionally-prepared meals, housekeeping, and laundry services, social activities, personal care assistance, a full-time nurse, and medical management.
Operating model
- Revenue model
- Earned-program. 90% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and some related-organization disclosures are missing.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 79
- Accountability: 94
- Sustainability: 23
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.8%; rating input score 91
- Program expense ratio: 82.5%; rating input score 83
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Scored; rating input score 0
Accountability
- Independent voting board: 88.9%; rating input score 89; 20th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -10%; rating input score 13; 13th percentile among comparable filings
- Total-asset coverage ratio: 1; rating input score 37; 37th percentile among comparable filings
- Liabilities to assets ratio: 0.8; rating input score 10; 10th percentile among comparable filings
- Officer compensation ratio: 7.2%; rating input score 41; 41st percentile among comparable filings
Growth
- Program expense growth: 4.8% per year; rating input score 100; 38th percentile among comparable filings
- Revenue growth: 4.8% per year; rating input score 100; 40th percentile among comparable filings
- Asset growth: -6% per year; rating input score 0; 3rd percentile among comparable filings
Details
- Where the money goes: 90.8% of revenue deployed · 82.5% of spending went to programs
- Governance: 8 of 9 board members independent · 9 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $4.2M in reported program spending
- Leadership: top reported pay $318K · 11 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $388K reported
- Consistency: 28 of 28 current checks pass
- Schedules: 7 filed schedules · includes major donors, executive pay, and related organizations
- Filing history: 6 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 3 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 13/100.
- High — Transparency & Controls: Related-party transparency scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
- High — Sustainability: Liabilities to assets ratio scored 10/100.
- Moderate — Sustainability: Officer compensation ratio scored 41/100.