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Filing year 2024

LANTERN ORGANIZATION INC LANTERN ORGANIZATION INC

New York, New York·EIN 13-3960661·NTEE L20 · Housing & Shelter·501(c)(3)
Total revenue
$20.8M
Total assets
$57M
Total expenses
$18.5M
Reported officers
9
Mission

DEVELOP HOUSING FOR PEOPLE WITH SPECIAL NEEDS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations nationwide.

President
Above 90th percentilevs Housing & Shelter peers in New York
$318k
$344k
Base
$300k
Bonus
Other
Benefits
Controller
75th to 90th percentile
$161k
$174k
Base
$140k
Bonus
Other
Benefits
VP of Leasing & Comp
Board Vice President
Median to 75th percentile
$136k
$147k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 6 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at LANTERN ORGANIZATION INC LANTERN ORGANIZATION INC equaled 2% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2024)
2%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 7%
from 2023

From $341k in 2023 to $318k in 2024.

$341k
2023
$318k
2024
In today's dollarsEst.
Down 10% in real terms$382k to $344k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 7% from 2023 to 2024, while revenue rose 22%.

$341k in 2023 to $318k in 2024.
  • Controller pay fell 5% from 2023 to 2024.
  • Board Vice President pay fell 9% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 LANTERN ORGANIZATION INC LANTERN ORGANIZATION INC

What does the Chief Executive Officer of LANTERN ORGANIZATION INC LANTERN ORGANIZATION INC earn?

In 2024, the Chief Executive Officer of LANTERN ORGANIZATION INC LANTERN ORGANIZATION INC received $318,184 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Housing & Shelter organizations in New York: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at LANTERN ORGANIZATION INC LANTERN ORGANIZATION INC compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in New York, the 2024 pay of the Chief Executive Officer at LANTERN ORGANIZATION INC LANTERN ORGANIZATION INC falls in the top 10%. In 2024, the highest total compensation at LANTERN ORGANIZATION INC LANTERN ORGANIZATION INC equaled 2% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are LANTERN ORGANIZATION INC LANTERN ORGANIZATION INC's revenue and expenses?

In 2024, LANTERN ORGANIZATION INC LANTERN ORGANIZATION INC reported $20.8M in total revenue and $18.5M in total expenses on its IRS Form 990.

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