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Filing year 2024

COLONY RETIREMENT HOMES III INC

Worcester, Massachusetts·EIN 04-2650115·3
Total revenue
$3.2M
Total assets
$6.1M
Total expenses
$3M
Reported officers
16
Mission

COLONY RETIREMENT HOMES III IS DEDICATED TO PROVIDING AFFORDABLE HOUSING FOR SENIORS OF LOW AND MODERATE INCOME.

Executive compensation

Form 990 · Schedule J · 4 reported individuals · Filing year 2024

Executive Director
$26k
$28k
Site Superintendent
highest compensated employee
$24k
$26k
Site Superintendent
highest compensated employee
$20k
$22k
Controller
officer (unspecified)
$13k
$15k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 12 unpaid individuals.

Up 17%
from 2023

From $22k in 2023 to $26k in 2024.

$22k
2023
$26k
2024
In today's dollarsEst.
Up 13% in real terms$25k to $28k

Estimated with BLS CPI-U for the Northeast region, 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

COLONY RETIREMENT HOMES III INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.9M
$2.9M
2023
$3.2M
$3M
2024
Total revenue and total expenses from IRS Form 990 filings.
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