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Nonprofit · EIN 04-2996627

LATHROP COMMUNITY INC

Tax-exempt · EASTHAMPTON, MA 01027

Financials

$7.5M$7.7M2022$7.6M$7.7M2023$8.1M$8.1M2024$8.5M$9.1M2025
Revenue Expenses · by fiscal year end
Financials of LATHROP COMMUNITY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$8,453,760$9,078,445-$624,685$24,088,495$49,759,052-$25,670,557
December 31, 2024990$8,061,200$8,087,398-$26,198$21,336,551$46,640,775-$25,304,224
December 31, 2023990$7,633,589$7,731,995-$98,406$20,250,178$45,702,230-$25,452,052
December 31, 2022990$7,541,316$7,656,386-$115,070$19,646,574$45,182,894-$25,536,320
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$170,575
Program service revenue
$8,143,829
Investment income
$139,356
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$231,860
Other salaries and wages
$2,685,803
Salaries, compensation and benefits (total)
$3,243,671
Professional fundraising fees
$0
Legal fees
$137,562
Occupancy
$955,884
Depreciation
$1,979,782
Program services (functional)
$6,886,773
Management and general (functional)
$2,191,672

Balance sheet and other

Total assets, start of year
$21,336,551
Total assets, end of year
$24,088,495
Total liabilities, end of year
$49,759,052
Net assets, end of year
-$25,670,557
Land, buildings and equipment
$15,670,220
Publicly traded securities
$1,941,983
Net assets without donor restrictions
-$25,917,214
Net assets with donor restrictions
$246,657
Gross receipts
$8,453,760
Employees
76
Volunteers
0
Year formed
1988
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
PATRICK ARGUINCEO
Officer
40$200,979$30,881
ROB OLMSTEDDIRECTOR OF WELLNESS
Highest-paid employee
40$100,015$11,716
KATHY O'CONNELLPROGRAM MANAGER
Highest-paid employee
40$104,372$3,459
ELAINE REALLDIRECTOR
Trustee or director
1$6,983$0
BILL HOGANDIRECTOR
Trustee or director
1$0$0
CAROL NEUBERTDIRECTOR
Trustee or director
1$0$0
CAROLE BULLDIRECTOR
Trustee or director
1$0$0
DANIEL LESLEYDIRECTOR
Trustee or director
1$0$0
ELISABETH WEISSBACHDIRECTOR
Trustee or director
1$0$0
KATIE EDWARDSDIRECTOR
Trustee or director
1$0$0
GEORGE KRIEBELDIRECTOR
Trustee or director
1$0$0
LARRY HUNTCHAIR
Trustee or director, Officer
3$0$0
GEORGE LEONARDTREASURER
Trustee or director, Officer
3$0$0
GEORGIA MOOREDIRECTOR
Trustee or director
1$0$0
MARK PETERSONDIRECTOR
Trustee or director
1$0$0
4 more people on this return
NameTitleHours / weekCompensation
MICHAEL FORDDIRECTOR
Trustee or director
1$0
RUTH CONSTANTINEVICE-CHAIR
Trustee or director, Officer
3$0
SHARON KLETIZIENSECRETARY
Trustee or director
3$0
SUSANNAH HOWEDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2024: 20 people
NameTitleHours / weekCompensationOther / benefits
PATRICK ARGUINCEO
Officer
40$200,240$28,872
HOLLY SMITH-BOVEFORMER CFO
Officer
40$147,576$14,344
KATHI BROWNDIRECTOR OF HR
Highest-paid employee
40$122,246$12,765
BILL HOGANDIRECTOR
Trustee or director
1$0$0
CAROL NEUBERTDIRECTOR
Trustee or director
1$0$0
CHARLES JOHNSONCHAIR
Trustee or director, Officer
8$0$0
DANIEL LESLEYDIRECTOR
Trustee or director
1$0$0
ELAINE REALLDIRECTOR
Trustee or director
1$0$0
ELISABETH WEISSBACHDIRECTOR
Trustee or director, Officer
1$0$0
JACK DEVLINDIRECTOR
Trustee or director
1$0$0
LARRY HUNTDIRECTOR
Trustee or director, Officer
3$0$0
LISA HALBERTSECRETARY
Trustee or director, Officer
2$0$0
MARILYN RICHARDSVICE-CHAIR
Trustee or director
5$0$0
MARK PETERSONDIRECTOR
Trustee or director
1$0$0
MARLISA PARKERDIRECTOR
Trustee or director
1$0$0
MICHAEL FORDDIRECTOR
Trustee or director
1$0$0
OWEN ZARETDIRECTOR
Trustee or director
1$0$0
RUTH CONSTANTINETREASURER
Trustee or director, Officer
3$0$0
SHARON KLETIZIENDIRECTOR
Trustee or director
1$0$0
SUSANNAH HOWEDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 23 people
NameTitleHours / weekCompensationOther / benefits
CYNTHIA JEROMEFORMER CEO
Officer
40$159,731$8,772
HOLLY SMITH-BOVECFO
Officer
40$152,050$13,588
KATHI BROWNDIRECTOR OF HR
Highest-paid employee
40$126,675$12,828
ROBERT OLMSTEADDIRECTOR OF WELLNES
Highest-paid employee
40$104,183$11,397
PATRICK ARGUINCEO
Officer
40$14,615$1,915
ANNA LANNINGDIRECTOR
Trustee or director
1$0$0
BILL HOGANDIRECTOR
Trustee or director
1$0$0
CAROL NEUBERTDIRECTOR
Trustee or director
1$0$0
CHARLES JOHNSONCHAIR
Trustee or director, Officer
8$0$0
DANIEL LESLEYDIRECTOR
Trustee or director
1$0$0
ELAINE REALLDIRECTOR
Trustee or director
1$0$0
ELISABETH WEISSBACHDIRECTOR
Trustee or director, Officer
1$0$0
JACK DEVLINDIRECTOR
Trustee or director
1$0$0
LARRY HUNTDIRECTOR
Trustee or director, Officer
3$0$0
LISA HALBERTSECRETARY
Trustee or director, Officer
2$0$0
MARILYN RICHARDSVICE-CHAIR
Trustee or director
5$0$0
MARK PETERSONDIRECTOR
Trustee or director
1$0$0
MARLISA PARKERDIRECTOR
Trustee or director
1$0$0
MICHAEL FORDDIRECTOR
Trustee or director
1$0$0
OWEN ZARETDIRECTOR
Trustee or director
1$0$0
RUTH CONSTANTINETREASURER
Trustee or director, Officer
3$0$0
SHARON KLETIZIENDIRECTOR
Trustee or director
1$0$0
SUSANNAH HOWEDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2022: 21 people
NameTitleHours / weekCompensationOther / benefits
CYNTHIA JEROMEPAST CEO
Officer
40$151,012$13,387
HOLLY SMITH-BOVECFO
Officer
40$129,670$10,383
KATHI BROWNDIRECTOR OF HR
Highest-paid employee
40$104,904$12,112
ELISABETH WEISSBACHDIRECTOR/INTERIM CEO
Trustee or director, Officer
40$43,795$882
CHARLES JOHNSONCHAIR
Trustee or director, Officer
8$0$0
ANNA LANNINGDIRECTOR
Trustee or director
1$0$0
BILL HOGANDIRECTOR
Trustee or director
1$0$0
BRUCE HAWKINSDIRECTOR
Trustee or director
1$0$0
SHARON KLETIZIENDIRECTOR
Trustee or director
1$0$0
RUTH CONSTANTINETREASURER
Trustee or director, Officer
3$0$0
JACK DEVLINDIRECTOR
Trustee or director
1$0$0
OWEN ZARETDIRECTOR
Trustee or director
1$0$0
ELAINE REALLDIRECTOR
Trustee or director
1$0$0
MARK PETERSONDIRECTOR
Trustee or director
1$0$0
MARLISA PARKERDIRECTOR
Trustee or director
1$0$0
CAROL NEUBERTDIRECTOR
Trustee or director
1$0$0
DANIEL LESLEYDIRECTOR
Trustee or director
1$0$0
ERIN TAUTZNIKDIRECTOR
Trustee or director
1$0$0
MARILYN RICHARDSDIRECTOR
Trustee or director
5$0$0
LISA HALBERTSECRETARY
Trustee or director, Officer
2$0$0
LARRY HUNTVICE-CHAIR
Trustee or director, Officer
3$0$0

Address and contacts

Address (IRS master file)
100 BASSETT BROOK DR, EASTHAMPTON, MA 01027-1168
In care of
% HEIDI CHERESKI
Principal officer (990 for 2025)
PATRICK ARGUIN
Signed the 990
MATTHEW PASTERCZYK, DIRECTOR OF FINANCE
Phone
(413) 586-0006
Return prepared by
MP PC

Mission

TO RESPOND WITH RESPECT AND COMPASSION TO THE CHANGING NEEDS OF OLDER ADULTS IN OUR COMMUNITIES.

990 for the year ended December 31, 2025

Program accomplishments

  • SALES, MAINTENANCE OF RESIDENTIAL UNITS AND COMMON AREAS, RESALE FOR RESIDENTS, RESIDENT ACTIVITIES AND SUPPORT SERVICES.
    Expenses $6,886,773 · revenue $8,143,829

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
04-2996627
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1990
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$24,088,495
Income (IRS master file)
$8,453,760

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$8,453,760$9,078,445$24,088,495XML
990December 2024$8,061,200$8,087,398$21,336,551XML
990December 2023$7,633,589$7,731,995$20,250,178XML
990December 2022$7,541,316$7,656,386$19,646,574XML
990December 2021$6,704,527$7,231,869$20,123,468IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2996627).

Questions about LATHROP COMMUNITY INC

What is the EIN of LATHROP COMMUNITY INC?
The employer identification number (EIN) of LATHROP COMMUNITY INC is 04-2996627.
Is LATHROP COMMUNITY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
Are donations to LATHROP COMMUNITY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LATHROP COMMUNITY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LATHROP COMMUNITY INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LATHROP COMMUNITY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of LATHROP COMMUNITY INC?
The 990 for the year ended December 31, 2025 names PATRICK ARGUIN.
Who are the officers and directors of LATHROP COMMUNITY INC?
The 990 for the year ended December 31, 2025 lists 19 people; 4 received compensation from the organization, the highest $200,979 (PATRICK ARGUIN, CEO).
How much revenue does LATHROP COMMUNITY INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $8,453,760, expenses of $9,078,445 and total assets of $24,088,495 at year end.

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