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Loomis Communities Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042706070 ✦ South hadley, MA ✦ Designated as a 501(c)(3)

Overview

What is Loomis Communities Inc?

Loomis Communities Inc is a Massachusetts-based nonprofit organization located at 246 North Main Street, South Hadley, with a total of 283 employees. Their mission is to promote positive aging for older adults by offering a continuum of high-quality independent and assisted living services. The retirement community, consisting of 38 cottage-style villa units, 96 independent living units, and 24 assisted living units, is dedicated to catering to seniors' changing needs. Loomis Communities' primary focus is to ensure independence and provide necessary support to enhance the lives of the elderly population.


Official website here: www.loomiscommunities.org

Is Loomis Communities Inc legitimate?

Loomis Communities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Loomis Communities Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $552,310
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,830,838

For more financial information, click here


Official website here: www.loomiscommunities.org

What is the mission statement of Loomis Communities Inc?

The Loomis Communities aim to facilitate positive aging for older adults by offering a continuum of high-quality services that promote independence and cater to the evolving needs of individuals throughout the aging process. This mission is carried out by providing both independent and assisted living housing options in the form of cottage-style villas and independent living units. The Loomis Communities strive to open doors to a fulfilling and empowering aging experience for their residents.


Official website here: www.loomiscommunities.org

Who is the CEO of Loomis Communities Inc?

Margaret R Mantoni is the President & Ceo of Loomis Communities Inc. The CEO's salary of Loomis Communities Inc is $352,543 and their total compensation is $372,535.


Official website here: www.loomiscommunities.org

What is the revenue of Loomis Communities Inc?

Loomis Communities Inc's revenue in 2022 was $19,721,910.


Official website here: www.loomiscommunities.org

Who are the executives of Loomis Communities Inc and what are their salaries?

The average compensation at Loomis Communities Inc during 2022 was $22,555. There are 283 employees and 17 volunteers at Loomis Communities Inc.

Here are 26 key members and their salaries (Loomis Communities Inc's CEO's salary is $352,543 and their total compensation is $372,535):

    Margaret R Mantoni (President & Ceo)
  • Compensation: $352,543
  • Related: $0
  • Other: $19,992

    • Maureen O'Toole (Executive Director)
  • Compensation: $160,624
  • Related: $0
  • Other: $19,457

    • Carly Cavanaugh (Cfo & Treasurer & Assistant Clerk)
  • Compensation: $170,025
  • Related: $0
  • Other: $9,750

    • Toni Hendrix (Hr Director)
  • Compensation: $141,083
  • Related: $0
  • Other: $12,291

    • Louis Iannuccilli (Executive Director)
  • Compensation: $128,903
  • Related: $0
  • Other: $20,302

    • Joseph Paul (It Director)
  • Compensation: $112,447
  • Related: $0
  • Other: $22,302

    • Lucy Young (Controller)
  • Compensation: $101,110
  • Related: $0
  • Other: $11,312

    • Angela Belmont (Director (Until May 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anthony Pellegrino (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Craven (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Deborah Buckley (Director, Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Deborah Snow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erik Kjeldsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fletcher Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gladys Starks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey Hayden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jessica Bodon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathleen Bowler (Chair (Until May 2022)/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Breen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Lambert (Director, Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sara Lawrence (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Seunghee Cha (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen Corrigan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Winston Lavallee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Pratt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Connor (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.loomiscommunities.org

    Where can I find the form 990 for Loomis Communities Inc?

    The Loomis Communities Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.loomiscommunities.org

    Learn more at the official website: www.loomiscommunities.org

    Mission Statement of Loomis Communities Inc

    Loomis Communities Inc, a leading organization in the field of senior care, is dedicated to facilitating positive aging for older adults. Through its mission, the organization aims to provide a continuum of high-quality services that promote independence and cater to the evolving needs of seniors as they progress through the aging process.

    In practice, Loomis Communities offers independent and assisted living solutions for the elderly. The organization's living arrangements include 38 cottage-style villa units, 96 independent living units, and 24 assisted living units. These accommodations allow seniors to maintain their independence while receiving necessary support when needed, ensuring they can age gracefully and comfortably.

    By creating an environment that fosters independence and addresses the unique needs of older adults, Loomis Communities is opening the door to a positive aging experience. The organization's commitment to quality and its adaptability to the changing needs of seniors sets it apart as a trusted and reliable provider in the senior living sector.

    Impact

    This information is meant to be a general summary of Loomis Communities Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Loomis Communities Inc's impact is evident in its provision of vital living arrangements for seniors. Through Loomis Village, this organization offers independent and assisted living housing options for elderly individuals, catering to their diverse needs as they age. By maintaining a retirement community that includes cottage-style villa units, independent living units, and assisted living units, Loomis Communities enables older adults to lead fulfilling, independent lives while receiving necessary support and care. The mission of Loomis Communities to facilitate positive aging by offering high-quality services that promote independence and adapt to evolving needs underscores its significant impact within the realm of human services.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,487,061
  • Program Service Revenue: $17,757,595
  • Gross Receipts: $19,785,254

    • Assets and Liabilities:
  • Total Assets: $99,086,463
  • Total Liabilities: $98,268,337
  • Net Assets: $818,126
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RESIDENT SERVICES

    Revenue

    $12,445,043

    MANAGEMENT FEES

    Revenue

    $3,393,638

    AMORTIZATION OF ENTRANCE FEES

    Revenue

    $1,600,568

    HEALTH CARE SERVICES

    Revenue

    $318,346

    Organization Details

    Founding Year

    1983

    Principal Officer

    Margaret R Mantoni

    Main Address

    246 NORTH MAIN STREET, SOUTH HADLEY, MA, 01075

    NTEE Category

    Code: P750 - Human services

    If you are a representative of Loomis Communities Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.