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MEADOWBROOK TERRACE INC

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Public IRS 990 nonprofit record

MEADOWBROOK TERRACE INC

EIN 45-4102458 · Senior Citizens Housing & Retirement Communities (L22)

What they do

to PROVIDE A COMFORTABLE SETTING to ASSIST RESIDENTS WITH LIVING COMFORTABLY and MAINTAINING THE NORMALCY of DAILY ACTIVITIES THAT THEY MAY NOT BE ABLE to ACHIEVE ON THEIR OWN BY OFFERING RESIDENCE A SENSE of INDEPENDENCE, FREEDOM, and PRIVACY WITH SECURITY 24 HOURS PER DAY WHICH ALLOWS for A SAFE and SECURE LIVING ENVIRONMENT.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $68.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders9 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

99.79%of revenue went to mission work68.4% of expenses · Program services
$145.91spent for every $100 of revenueSpending was higher than revenue this year.
46.12%of revenue went to management and office costs31.6% of expenses
$2.50in assets for every $1 spent this yearSome assets cannot be spent right away.
4.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $991,738 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $39,663 for RICH DUVALL (DIRECTOR, PRESIDENT AND CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$2,160,012
Mission workProgram services$2,155,44599.79% of revenue68.4% of expenses
ManagementOffice and general costs$996,30546.12% of revenue31.6% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$3,151,750145.91% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

202468.4% mission
202374.1% mission
202275.4% mission
202178.6% mission
202075.2% mission
201978.4% mission
201884.7% mission
201789.1% mission

Money in and money out

Revenue$2,160,012
Expenses$3,151,750
Annual shortfall $991,738 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,155,445 · 68.4% of expenses
Management and office costs$996,305 · 31.6% of expenses
See all reported dollar amounts
Revenue$2,160,012
Expenses$3,151,750
Assets$7,876,672
Income$2,160,012
Contributions$91,803
Mission work (program services)$2,155,445
Management and general$996,305
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
RICH DUVALLDIRECTOR, PRESIDENT AND CEO · 1 hrs/week $39,663Base · Other $39,663
HEATHER SASKIADMINISTRATOR · 40 hrs/week $4,231Base · Other $4,231

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (9)

RICH DUVALLDIRECTOR, PRESIDENT AND CEO

HEATHER SASKIADMINISTRATOR

ADAM FULLERTREASURER

DALE KLOCKBOARD CHAIR

ELIZABETH ELLIOTSECRETARY

JENNIFER PREMODIRECTOR

JULIE WARDVICE PRESIDENT

MATTHEW CERVINIDIRECTOR

ROB BLOOMCHIEF FINANCIAL OFFICER

About this charity

Recognized since
January 2012
Location
21957 COLE ROAD, CARTHAGE, NY 13619
County
Jefferson
In care of
ROB BLOOM
Primary officer
ROB BLOOM, CHIEF FINANCIAL OFFICER

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
BONADIO & CO LLP
NTEE classification
Senior Citizens Housing & Retirement Communities (L22)
IRS tax category
Senior Citizens Housing & Retirement Communities

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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