Carmel Terrace Inc.

Fiscal year ending 2024. Filed on November 14, 2025.

933 Central Street
Framingham, Massachusetts 01701

Carmel Terrace Inc. (EIN: 04-3210051) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Carmel Terrace Inc., a 501(c)(3) charitable organization, reported compensation for 1 out of 61 total employees. Among the employees shown here, the average compensation is $767,669. The highest compensated employee at Carmel Terrace Inc. is Patricia Gathers with fiscal year 2024 compensation of $767,669.

Revenue, expenses, and employee compensation

Revenue

$5,829,548

Expenses

$4,441,692

Employee compensation

$2,058,783
Revenue, expenses, and employee compensation over time

Mission Statement

THE MISSION OF THE ORGANIZATION IS TO PROVIDE CARE AND SERVICES TO THE COMMUNITY IN CONFORMANCE WITH THE THEOLOGY, PHILOSOPHY, TEACHINGS AND DOCTRINES OF THE ROMAN CATHOLIC CHURCH, RESPECTING AND BUILDING ON THE MISSION, PHILOSOPHY AND VALUES OF THE CARMELITE SISTERS FOR THE AGED AND INFIRM.

Revisions to this organization profile

November 14, 2025:
2024 Carmel Terrace Inc. 990 filed
November 14, 2024:
2023 Carmel Terrace Inc. 990 filed
November 13, 2023:
2022 Carmel Terrace Inc. 990 filed

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