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Filing year 2023

Lakewood Northern Light Continuing Care Lakewood

Waterville, Maine·EIN 01-0421234·NTEE E200 · Health Care·501(c)(3)
Total revenue
$12.8M
Total assets
$6.5M
Total expenses
$14.2M
Reported officers
17
Mission

Lakewood d/b/a Northern Light Continuing Care Lakewood is a 105 bed long-term care facility that provides skilled, dementia and long-term nursing care.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 12 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Health Care organizations nationwide.

Cna III
Unclassified
$198k
$221k
Base
$142k
Bonus
$28k
Other
$6k
Benefits
$22k
Cna III
Unclassified
$184k
$205k
Base
$132k
Bonus
$28k
Other
$10k
Benefits
$11k
Registered Nurse I
Unclassified
$174k
$194k
Base
$130k
Bonus
$4k
Other
$14k
Benefits
$22k
Administrator
Officer (Unspecified)
$144k
$161k
Manager Clinical
Unclassified
$144k
$160k
Registered Nurse I
Unclassified
$124k
$139k
EVP & CPO
Executive Vice President
25th percentile to median
$113k
$126k
VP Fin-pt Yr
Vice President
Median to 75th percentile
$83k
$92k
Base
$28k
Bonus
$1k
Other
$1k
Benefits
$3k
Former VP Finance
Board Vice President
10th to 25th percentile
$58k
$65k
Pres/ex-officio
Officer (Unspecified)
$47k
$52k
Interim Vp-fin
Officer (Unspecified)
$19k
$21k
Director
Board Member
Below 10th percentilevs Health Care peers in Maine
$2k
$2k

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 5 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Lakewood Northern Light Continuing Care Lakewood equaled 1% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
1%
Sector median
4%
Middle half of sector
1% to 13%

Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.

Held steady
from 2022

From $199k in 2022 to $198k in 2023.

$199k
2022
$198k
2023
In today's dollarsEst.
Down 4% in real terms$230k to $221k

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.

Pay for the position

Vice President pay rose 4% from 2022 to 2023, while revenue fell 8%.

$80k in 2022 to $83k in 2023.
  • Board Vice President pay rose 10% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Lakewood Northern Light Continuing Care Lakewood

What does the Executive Vice President of Lakewood Northern Light Continuing Care Lakewood earn?

In 2023, the Executive Vice President of Lakewood Northern Light Continuing Care Lakewood received $112,842 in total compensation. This pay is below the median (the midpoint) for Executive Vice President roles among Health Care organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Executive Vice President pay at Lakewood Northern Light Continuing Care Lakewood compare with similar nonprofits?

Compared with the same role at Health Care organizations nationwide, the 2023 pay of the Executive Vice President at Lakewood Northern Light Continuing Care Lakewood falls between the 25th percentile and the median. In 2023, the highest total compensation at Lakewood Northern Light Continuing Care Lakewood equaled 1% of the organization's total expenses. The median for health care organizations is 4%.

What are Lakewood Northern Light Continuing Care Lakewood's revenue and expenses?

In 2023, Lakewood Northern Light Continuing Care Lakewood reported $12.8M in total revenue and $14.2M in total expenses on its IRS Form 990.

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