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Filing year 2024

EDGEWOOD RETIREMENT COMMUNITY INC

North Andover, Massachusetts·EIN 04-3195775·NTEE P750 · Human Services·3
Total revenue
$31.8M
Total assets
$154.9M
Total expenses
$30.3M
Reported officers
26
Mission

THE ORGANIZATION OFFERS INDEPENDENT LIVING, HEALTHCARE AND SUPPORTIVE SERVICES TO EMPOWER MEMBERS TO BE ARCHITECTS OF THEIR OWN WELL-BEING. THE ORGANIZATION ACCOMPLISHES THIS BY A RELENTLESS PURSUIT OF A CARING CULTURE WITH PASSIONATE ATTENTION TO INDIVIDUAL NEEDS AND VALUES.

Executive compensation, broken down

Form 990 · Schedule J · 7 reported individuals · Filing year 2024

Director of Marketing
director (operational)
$246k
$263k
Base
$98k
Bonus
$99k
Other
Benefits
$45k
Executive Director
$233k
$248k
Base
$184k
Bonus
$29k
Other
Benefits
$13k
House Manager
highest compensated employee
$224k
$239k
Base
$202k
Bonus
$6k
Other
Benefits
$12k
Administrator
highest compensated employee
$215k
$230k
Base
$166k
Bonus
Other
Benefits
$45k
Project Manager
highest compensated employee
$213k
$227k
Base
$110k
Bonus
$89k
Other
Benefits
$10k
$62k
$66k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 19 unpaid individuals.

Browse compensation in Human Services

Down 8%
from 2023

From $267k in 2023 to $246k in 2024.

$267k
2023
$246k
2024
In today's dollarsEst.
Down 11% in real terms$294k to $263k

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, 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

EDGEWOOD RETIREMENT COMMUNITY INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$29.6M
$29.7M
2023
$31.8M
$30.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Human Services executives earn in Massachusetts

Comparable human services organizations in Massachusetts pay their highest-earning executive a median of $111,982.

25th percentile
$45k
Median
$111,982
75th percentile
$193k
90th percentile
$303k

These are human services sector-wide figures, not this organization's reported pay. Based on 244 organizations across 244 filings (2021 – 2023).

See full Human Services pay data for Massachusetts
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