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Filing year 2024

LYNN HOME FOR ELDERLY PERSONS

Lynn, Massachusetts·EIN 04-2400070·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$3.4M
Total assets
$38.3M
Total expenses
$2.8M
Reported officers
17

Executive compensation

Form 990-PF · Part VIII · 3 reported individuals · Filing year 2024

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

Administrato
Unclassified
$132k
$141k
Treasurer
Board Treasurer
25th percentile to median
$4k
$4k
Asst. Treasu
Unclassified
$4k
$4k

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 14 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at LYNN HOME FOR ELDERLY PERSONS equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
5%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Climbed 10%
over 2 years

From $120k in 2022 to $132k in 2024.

$120k
2022
$125k
2023
$132k
2024
In today's dollarsEst.
Up 3% in real terms$138k to $141k

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.

Pay for the position

Board Treasurer pay rose 1198% from 2023 to 2024, while revenue fell 7%.

$313 in 2023 to $4k in 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.

This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.

Among peers

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

FAQ

Common questions about LYNN HOME FOR ELDERLY PERSONS

What does the Board Treasurer of LYNN HOME FOR ELDERLY PERSONS earn?

In 2024, the Board Treasurer of LYNN HOME FOR ELDERLY PERSONS received $4,063 in total compensation. This pay is below the median (the midpoint) for Board Treasurer roles among Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Treasurer pay at LYNN HOME FOR ELDERLY PERSONS compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts, the 2024 pay of the Board Treasurer at LYNN HOME FOR ELDERLY PERSONS falls between the 25th percentile and the median. In 2024, the highest total compensation at LYNN HOME FOR ELDERLY PERSONS equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are LYNN HOME FOR ELDERLY PERSONS's revenue and expenses?

In 2024, LYNN HOME FOR ELDERLY PERSONS reported $3.4M in total revenue and $2.8M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.