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Nonprofit · EIN 37-1742780

LANTERN HILL INC

Tax-exempt · CATONSVILLE, MD 21228

Financials

$47.6M$48.6M2023$49.6M$56.4M2024
Revenue Expenses · by fiscal year end
Financials of LANTERN HILL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$49,571,543$56,425,080-$6,853,537$249,208,597$285,555,750-$36,347,153
December 31, 2023990$47,639,239$48,623,404-$984,165$247,348,679$277,015,791-$29,667,112
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$408,481
Program service revenue
$48,461,136
Investment income
$439,697
Net rental income
$262,229
Net gain from sales of assets
$58,878
Other revenue
$262,229

Expenses

Grants and similar amounts paid
$9,000
Compensation of officers, directors and key employees
$734,083
Other salaries and wages
$15,555,593
Salaries, compensation and benefits (total)
$20,212,766
Professional fundraising fees
$0
Legal fees
$338,247
Accounting fees
$68,207
Occupancy
$5,806,050
Travel
$105,600
Depreciation
$6,908,281
Program services (functional)
$48,697,211
Management and general (functional)
$7,724,584
Fundraising (functional)
$3,285

Balance sheet and other

Total assets, start of year
$247,348,679
Total assets, end of year
$249,208,597
Total liabilities, end of year
$285,555,750
Net assets, end of year
-$36,347,153
Land, buildings and equipment
$5,062,608
Publicly traded securities
$1,288,616
Net assets without donor restrictions
-$38,035,429
Net assets with donor restrictions
$1,688,276
Gross receipts
$49,571,543
Employees
561
Volunteers
102
Year formed
2013
State of legal domicile
MD

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 / weekCompensationFrom related orgsOther / benefits
SCOTT SAWICKIASSISTANT SECRETARY (BEG 4/1/24)
Officer
0.3$0$307,034$37,698
TODD DELANEYEXECUTIVE DIRECTOR (BEG 10/3/24)
Officer
40$74,485$223,453$24,161
CRAIG KARCZMEREXECUTIVE DIRECTOR (THRU 10/3/24)
Officer
40$290,692$0$20,890
JOSEPH PISANODIRECTOR, FINANCE (BEG 3/8/24)
Officer
40$151,391$30,278$26,237
ZINA JACQUEDIRECTOR
Trustee or director
0.1$0$172,500$0
LINDA BECHTOLDDIRECTOR, NURSING
Key employee
40$153,133$0$15,588
MARY COLINSSECRETARY
Trustee or director, Officer
0.1$0$150,000$0
STEPHANIE REELDIRECTOR
Trustee or director
0.1$0$150,000$0
EILEEN ERSTADTREASURER
Trustee or director, Officer
0.1$0$140,000$0
JACK WALSHMANAGER, SALES
Highest-paid employee
40$137,022$0$399
MIKE ROSKIEWICZDIRECTOR
Trustee or director
0.1$0$135,000$0
TERRI CAMPBELLHEALTH CARE COUNSELOR
Highest-paid employee
40$123,470$0$10,742
CARLOS AGUILERASALES COUNSELOR
Highest-paid employee
40$119,066$0$9,787
MARISSA DELATORREMDS COORDINATOR
Highest-paid employee
40$123,411$0$4,209
KAREN CAMPBELLINFECTION PREVENTIONIST
Highest-paid employee
40$115,790$0$10,174
15 more people on this return
NameTitleHours / weekCompensationFrom related orgs
BARBARA BISGAIERVICE CHAIR & VICE PRESIDENT
Trustee or director, Officer
0.5$0$110,000
PATRICIA BROWNCHAIR & PRESIDENT
Trustee or director, Officer
1.3$0$90,000
MONTY LEONARDDIRECTOR
Trustee or director
0.1$0$90,000
PAMELA PAULKDIRECTOR
Trustee or director
0.1$0$90,000
IAN BROWNDIRECTOR
Trustee or director
0.1$0$80,000
RUSSELL SHARPDIRECTOR
Trustee or director
0.1$0$80,000
KATHERINE CLUPPERDIRECTOR (BEG 4/1/24)
Trustee or director
0.1$0$65,000
MARY MOSCATODIRECTOR (BEG 4/1/24)
Trustee or director
0.1$0$65,000
TERRY COXRESIDENT DIRECTOR (THRU 3/31/24)
Trustee or director
0.2$0$0
DAVID MOLLENRESIDENT DIRECTOR (BEG 4/1/24)
Trustee or director
0.2$0$0
CHRIS RATHMANNASSISTANT TREASURER (THRU 3/31/24)
Officer
1$0$0
PAMELA STINERASSISTANT TREASURER (BEG 4/1/24)
Officer
1$0$0
JOHN HALLASSISTANT TREASURER
Officer
1$0$0
MARK EMBLEYASSISTANT TREASURER
Officer
1$0$0
NEAL GANTERTASSISTANT TREASURER
Officer
1$0$0
990 for the year ended December 31, 2023: 25 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
CRAIG KARCZMEREXECUTIVE DIRECTOR
Officer
40$277,846$0$15,771
REV DR ZINA JACQUEDIRECTOR
Trustee or director
0.1$0$215,000$0
EILEEN G ERSTADTREASURER
Trustee or director, Officer
0.1$0$167,500$0
LINDA BECHTOLDDIRECTOR, NURSING
Highest-paid employee
40$148,847$0$14,997
MARY D COLINSSECRETARY
Trustee or director, Officer
0.1$0$150,000$0
STEPHANIE L REELDIRECTOR
Trustee or director
0.1$0$150,000$0
KAREN CAMPBELLINFECTION PREVENTIONIST
Highest-paid employee
40$115,361$0$10,433
TERRI CAMPBELLHEALTH CARE COUNSELOR
Highest-paid employee
40$114,087$0$8,496
KATHARYN BANKSSALES COUNSELOR
Highest-paid employee
40$119,210$0$417
MARISSA DELATORRECOORDINATOR, MDS PATIENT
Highest-paid employee
40$113,572$0$3,607
BARBARA C BISGAIERVICE CHAIR & VICE PRESIDENT
Trustee or director, Officer
0.3$0$110,000$0
MICHAEL W ROSKIEWICZDIRECTOR
Trustee or director
0.1$0$110,000$0
MONTY C LEONARDDIRECTOR
Trustee or director
0.1$0$87,500$0
PAMELA D PAULKDIRECTOR
Trustee or director
0.1$0$87,500$0
PATRICIA M BROWNCHAIR & PRESIDENT
Trustee or director, Officer
1$0$87,500$0
IAN BROWNDIRECTOR (BEG 4/1/23)
Trustee or director
0.1$0$65,000$0
RUSSELL SHARPDIRECTOR (BEG 4/1/23)
Trustee or director
0.1$0$65,000$0
ARNOLD SPEERTDIRECTOR (THRU 3/31/23)
Trustee or director
1.1$0$22,500$0
C JACKSON BAINDIRECTOR (THRU 3/31/23)
Trustee or director
0.1$0$22,500$0
DAVE MARRRESIDENT DIRECTOR (THRU 3/31/23)
Trustee or director
0.2$0$0$0
TERRY COXRESIDENT DIRECTOR (BEG 4/1/23)
Trustee or director
0.2$0$0$0
CHRIS RATHMANNASSISTANT TREASURER
Officer
0.5$0$0$0
JOHN HALLASSISTANT TREASURER
Officer
0.5$0$0$0
MARK EMBLEYASSISTANT TREASURER
Officer
0.5$0$0$0
NEAL GANTERTASSISTANT TREASURER
Officer
0.5$0$0$0

Address and contacts

Address (IRS master file)
813 MAIDEN CHOICE LN, CATONSVILLE, MD 21228-3679
Principal officer (990 for 2024)
PATRICIA BROWN, 535 MOUNTAIN AVENUE, NEW PROVIDENCE, NJ 07974
Signed the 990
EILEEN ERSTAD, TREASURER
Phone
(908) 219-6702
Return prepared by
RSM US LLP

Mission

MISSION STATEMENT - HOME IS BELONGING, PEACE OF MIND, LOVE AND ACCEPTANCE. WELCOME HOME!VISION STATEMENT - LANTERN HILL, INC. CELEBRATES AGING! GROUNDED IN INCLUSION, INNOVATION AND ADVOCACY, WE CREATE UNPARALLELED VALUE AND OPPORTUNITIES FOR EVERY LIFE WE TOUCH. AS PART OF THE NATIONAL SENIOR COMMUNITIES ENTERPRISE, WE LEVERAGE OUR STRONG FINANCIAL FOUNDATION AND GOVERNANCE FOR THE BENEFIT OF SENIORS AND THOSE WHO SUPPORT THEM.

990 for the year ended December 31, 2024

Program accomplishments

  • LANTERN HILL PROVIDES SERVICES NEEDED BY SENIOR RESIDENTS, WHO RESIDE IN 430 INDEPENDENT LIVING UNITS, 42 ASSISTED LIVING UNITS AND 40 SKILLED NURSING BEDS. THE SERVICES WE PROVIDE TO OUR RESIDENTS INCLUDE, BUT ARE NOT LIMITED TO HOUSING, FOOD, MEDICAL, SECURITY AND MAINTENANCE SERVICES, RECREATIONAL AND PASTORAL ACTIVITIES.
    Expenses $48,697,211 · grants $9,000 · revenue $48,461,136

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
37-1742780
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
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$249,208,597
Income (IRS master file)
$49,571,543

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$49,571,543$56,425,080$249,208,597IRS
990December 2023$47,639,239$48,623,404$247,348,679XML
990December 2022$54,016,716$60,152,831$474,235,915IRS
990December 2021–––IRS
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 37-1742780).

Questions about LANTERN HILL INC

What is the EIN of LANTERN HILL INC?
The employer identification number (EIN) of LANTERN HILL INC is 37-1742780.
Is LANTERN HILL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to LANTERN HILL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LANTERN HILL 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 LANTERN HILL 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 LANTERN HILL 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 LANTERN HILL INC?
The 990 for the year ended December 31, 2024 names PATRICIA BROWN.
Who are the officers and directors of LANTERN HILL INC?
The 990 for the year ended December 31, 2024 lists 30 people; 9 received compensation from the organization.
How much revenue does LANTERN HILL INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $49,571,543, expenses of $56,425,080 and total assets of $249,208,597 at year end.

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