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Filing year 2024

THE LORELTON FOUNDATION

Wilmington, Delaware·EIN 51-0284276·3
Total revenue
$5.7M
Total assets
$9.3M
Total expenses
$5.4M
Reported officers
10
Mission

THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO PROVIDE HOUSING AND SERVICES TO THE ELDERLY.

Executive compensation, broken down

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Base salaryBonusOther compensationBenefits
Base salaryBonusOther compensationBenefitsExecutive compensation
Executive Director
$197k
$212k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Up 9%
from 2023

From $181k in 2023 to $197k in 2024.

$181k
2023
$197k
2024
In today's dollarsEst.
Up 5% in real terms$201k to $212k

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 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

THE LORELTON FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$5.7M
$4.9M
2023
$5.7M
$5.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
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