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Nonprofit · EIN 22-3519521

LIFE MANAGEMENT INC

Tax-exempt · MONTCLAIR, NJ 07042

Financials

$2.7M$842K2021$1.8M$913K2023$9.1M$2.9M2024
Revenue Expenses · by fiscal year end
Financials of LIFE MANAGEMENT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$9,116,547$2,915,293$6,201,254$98,478,864$81,041,794$17,437,070
December 31, 2023990$1,781,675$912,847$868,828$95,390,910$84,155,094$11,235,816
December 31, 2021990 (amended)$2,659,436$841,837$1,817,599$54,620,732$52,348,230$2,272,502
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,564,314
of which government grants
$2,480,570
Program service revenue
$423,669
Investment income
$80,024
Other revenue
$6,048,540

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$166,950
Other salaries and wages
$253,027
Salaries, compensation and benefits (total)
$452,847
Professional fundraising fees
$0
Accounting fees
$85,615
Occupancy
$35,457
Travel
$3,016
Depreciation
$41,850
Program services (functional)
$2,720,978
Management and general (functional)
$194,315

Balance sheet and other

Total assets, start of year
$95,390,910
Total assets, end of year
$98,478,864
Total liabilities, end of year
$81,041,794
Net assets, end of year
$17,437,070
Land, buildings and equipment
$1,073,650
Net assets without donor restrictions
$17,437,070
Gross receipts
$9,116,547
Employees
16
Volunteers
2
Year formed
1997
State of legal domicile
NJ

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
BARBARA HAVLIKCHAIRPERSON/EXEC. DIRECTOR
Trustee or director, Officer
20$109,950
ELLEN PARETTIVICE CHAIRPERSON/OPS. DIR.
Trustee or director, Officer
20$57,000
DEBRA NEIERTREASURER
Trustee or director, Officer
5$0
BETH ALBERTSECRETARY
Trustee or director, Officer
5$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
BARBARA HAVLIKCHAIRPERSON/EXEC. DIRECTOR
Trustee or director, Officer
20$107,043
ELLEN PARETTIVICE CHAIRPERSON/OPS. DIR.
Trustee or director, Officer
20$55,635
DEBRA NEIERTREASURER
Trustee or director, Officer
5$5,250
BETH ALBERTSECRETARY
Trustee or director, Officer
5$0
990 for the year ended December 31, 2021: 4 people
NameTitleHours / weekCompensation
BARBARA HAVLIKCHAIRPERSON/EXEC. DIRECTOR
Trustee or director, Officer
20$91,550
ELLEN PARETTIVICE CHAIRPERSON/OPS. DIR.
Trustee or director, Officer
20$51,019
DEBRA NEIERTREASURER
Trustee or director, Officer
5$2,000
BETH ALBERTSECRETARY
Trustee or director, Officer
5$0

Address and contacts

Address (IRS master file)
77 PARK STREET, MONTCLAIR, NJ 07042-2962
Principal officer (990 for 2024)
BARBARA HAVLIK-EXEC DIR, 77 PARK STREET, MONTCLAIR, NJ 07042
Signed the 990
BARBARA HAVLIK, EXEC. DIRECTOR
Phone
(973) 655-0300
Return prepared by
PKF O'CONNOR DAVIES LLP

Mission

TO PROMOTE THE QUALITY OF LIFE FOR INDIVIDUALS VULNERABLE TO CRISIS OF DAILY LIVING DUE TO AGE, DISABILITY OR SOCIO-ECONOMIC STATUS, AND FOSTER AFFORDABLE HOUSING.

990 for the year ended December 31, 2024

Program accomplishments

  • LIFE MANAGEMENT PROVIDES SOCIAL SERVICE PROGRAMS TO 13 AFFORDABLE HOUSING PROJECTS LOCATED THROUGHOUT ESSEX AND HUDSON COUNTIES. THE SERVICES PROVIDED BY LIFE MANAGEMENT INCLUDE, EDUCATIONAL, HEALTH AND FITNESS AND SOCIAL ACTIVITIES FOR BOTH ADULTS AND CHILDREN. THE SERVICES ARE FREE TO THE RESIDENTS OF THESE HOUSING PROJECTS AND ARE DONE THROUGH STAFF AND CONSULTANTS PAID FOR BY LIFE MANAGEMENT TOTALING 1,023 HOUSEHOLDS AND APPROXIMATELY 6,000 HOURS, AS WELL AS 688 ADULT EDUCATION PROGRAMS, 405 CHILDREN'S WORKSHOPS, AND 87 HEALTH WORKSHOPS.
    Expenses $2,256,239 · revenue $423,669
  • LIFE MANAGEMENT INC. PROVIDES ASSISTANCE TO 231 SENIOR CITIZENS IN THE FORM OF RESIDENTIAL MAINTENANCE PROGRAMS.
    Expenses $296,638
  • LIFE MANAGEMENT, INC. PROVIDES ASSISTANCE TO SENIOR CITIZENS AND CAREGIVERS BY INSTALLING RAMPS, STAIRLIFTS, GRAB BARS; AND HAND RAILS, AS WELL AS SMOKE DETECTORS AND LIGHTS INSIDE AND OUTSIDE, CONTRACTORS ARE ALSO PAID TO REPAIR STAIRS, FLOORS, AND OTHER CONDITIONS THAT IMPEDE MOBILITY OF THE SENIOR AND CAREGIVERS.
    Expenses $168,101

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
22-3519521
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
1998
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P81)
Assets (IRS master file)
$98,478,864
Income (IRS master file)
$9,116,547

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$9,116,547$2,915,293$98,478,864XML
990December 2023$1,781,675$912,847$95,390,910XML
990December 2022$8,824,111$729,625$80,451,042IRS
990December 2021$2,659,436$841,837$54,620,732XML
990December 2020–––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 22-3519521).

Questions about LIFE MANAGEMENT INC

What is the EIN of LIFE MANAGEMENT INC?
The employer identification number (EIN) of LIFE MANAGEMENT INC is 22-3519521.
Is LIFE MANAGEMENT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to LIFE MANAGEMENT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LIFE MANAGEMENT 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 LIFE MANAGEMENT INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LIFE MANAGEMENT INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of LIFE MANAGEMENT INC?
The 990 for the year ended December 31, 2024 names BARBARA HAVLIK-EXEC DIR.
Who are the officers and directors of LIFE MANAGEMENT INC?
The 990 for the year ended December 31, 2024 lists 4 people; 2 received compensation from the organization, the highest $109,950 (BARBARA HAVLIK, CHAIRPERSON/EXEC. DIRECTOR).
How much revenue does LIFE MANAGEMENT INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $9,116,547, expenses of $2,915,293 and total assets of $98,478,864 at year end.

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