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Filing year 2023

LAUREL LAKE RETIREMENT COMMUNITY FOUNDATION INC

Hudson, Ohio·EIN 34-1779303·NTEE T30 · Philanthropy, Voluntarism & Grantmaking Foundations·3
Total revenue
$292k
Total assets
$5.7M
Total expenses
$314k
Reported officers
10
Mission

ESTABLISHED IN 1994, THE LAUREL LAKE FOUNDATION IS THE CHARITABLE ARM OF LAUREL LAKE RETIREMENT COMMUNITY. ITS PURPOSE IS TO GENERATE AND MANAGE RESOURCES THAT VIGOROUSLY SUPPORT AND ENRICH THE QUALITY OF LIFE FOR LAUREL LAKE RESIDENTS NOW AND IN THE FUTURE. THE FOUNDATION IS DEDICATED TO HELPING SATISFY THE SOCIAL, INTELLECTUAL, PHYSICAL AND EMOTIONAL NEEDS OF RESIDENTS THROUGHOUT EVERY LEVEL OF LIFE WHILE INSPIRING OUR COMMUNITY OF FAMILIES, FRIENDS AND STAFF. THE FOUNDATION FUNDS A WIDE VARIETY OF PROJECTS AND PROGRAMS WHICH HELP CARE FOR RESIDENTS THROUGHOUT LIFES TRANSITIONS AND ENHANCE THE ACTIVE, STIMULATING AND REWARDING LIFESTYLE THAT LAUREL LAKE RESIDENTS ENJOY.

Executive compensation

Form 990 · Schedule J · 3 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Ohio.

President
10th to 25th percentile
$27k
$30k
CFO (until 5/23)
Below 10th percentile
$72
$80
CFO (beg. 6/23)
Below 10th percentile
$28
$31

Teal figures restate each filed amount in 2026 dollars.

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

Plus 7 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at LAUREL LAKE RETIREMENT COMMUNITY FOUNDATION INC equaled 9% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 8%.

This organization (2023)
9%
Sector median
8%
Middle half of sector
3% to 18%

Based on 5,862 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Among peers

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

FAQ

Common questions about LAUREL LAKE RETIREMENT COMMUNITY FOUNDATION INC

What does the Chief Executive Officer of LAUREL LAKE RETIREMENT COMMUNITY FOUNDATION INC earn?

In 2023, the Chief Executive Officer of LAUREL LAKE RETIREMENT COMMUNITY FOUNDATION INC received $27,202 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Ohio, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at LAUREL LAKE RETIREMENT COMMUNITY FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Ohio, the 2023 pay of the Chief Executive Officer at LAUREL LAKE RETIREMENT COMMUNITY FOUNDATION INC falls between the 10th and 25th percentiles. In 2023, the highest total compensation at LAUREL LAKE RETIREMENT COMMUNITY FOUNDATION INC equaled 9% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 8%.

What are LAUREL LAKE RETIREMENT COMMUNITY FOUNDATION INC's revenue and expenses?

In 2023, LAUREL LAKE RETIREMENT COMMUNITY FOUNDATION INC reported $292k in total revenue and $314k in total expenses on its IRS Form 990.

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