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Lantern Hill Inc

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

EIN: 371742780 ✦ New providence, NJ ✦ Designated as a 501(c)(3)

Overview

What is Lantern Hill Inc?

Lantern Hill Inc is a New Providence, New Jersey-based nonprofit organization dedicated to providing a home for seniors, addressing their essential needs. With 545 employees, the organization offers a range of services to its 480 independent living unit residents, 42 assisted living unit residents, and 40 skilled nursing bed occupants. These services encompass housing, food, medical care, security, maintenance, recreational activities, and pastoral care. Lantern Hill, Inc. values belonging, peace of mind, love, and acceptance, creating a warm and inclusive environment for senior citizens. As part of the National Senior Communities Enterprise, the organization leverages its strong financial foundation and governance to provide unparalleled value and opportunities for seniors and those who support them.


Official website here: www.nationalseniorcampuses.org

Is Lantern Hill Inc legitimate?

Lantern Hill Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lantern Hill 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: $384,298
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,237,315

For more financial information, click here


Official website here: www.nationalseniorcampuses.org

What is the mission statement of Lantern Hill Inc?

Lantern Hill Inc is dedicated to fulfilling the primary needs of seniors by providing them with a sense of belonging, peace of mind, love, and acceptance. The mission statement of Lantern Hill Inc celebrates aging and values every life it touches. Grounded in inclusion, innovation, and advocacy, the organization leverages its strong financial foundation and governance to create unparalleled value and opportunities for seniors and those who support them. As part of the National Senior Communities Enterprise, Lantern Hill Inc strives to make a positive impact on the lives of seniors.


Official website here: www.nationalseniorcampuses.org

Who is the CEO of Lantern Hill Inc?

Arnie Speert is the Principal Officer of Lantern Hill Inc.


Official website here: www.nationalseniorcampuses.org

What is the revenue of Lantern Hill Inc?

Lantern Hill Inc's revenue in 2022 was $54,016,716.


Official website here: www.nationalseniorcampuses.org

Who are the executives of Lantern Hill Inc and what are their salaries?

The average compensation at Lantern Hill Inc during 2022 was $24,994. There are 545 employees and 106 volunteers at Lantern Hill Inc.

Here are 27 key members and their salaries:

    Craig Karczmer (Executive Director)
  • Compensation: $263,443
  • Related: $0
  • Other: $18,100

    • Rev Dr Zina Jacque (Director)
  • Compensation: $0
  • Related: $187,500
  • Other: $0

    • Eileen G Erstad (Vice Chair & Vp/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $161,875
  • Other: $0

    • Linda Bechtold (Director, Nursing)
  • Compensation: $137,153
  • Related: $0
  • Other: $14,578

    • Mary D Colins (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $150,000
  • Other: $0

    • E Michelle Bohreer (Former President)
  • Compensation: $0
  • Related: $135,625
  • Other: $0

    • Stephanie L Reel (Director)
  • Compensation: $0
  • Related: $134,315
  • Other: $0

    • Justus Osano (Registered Nurse Charge Nurse)
  • Compensation: $110,832
  • Related: $0
  • Other: $13,392

    • Katharyn Banks (Sales Counselor)
  • Compensation: $117,438
  • Related: $0
  • Other: $345

    • Carlos Aguilera (Senior Sales Associate)
  • Compensation: $110,028
  • Related: $0
  • Other: $3,298

    • Barbara C Bisgaier (Director)
  • Compensation: $0
  • Related: $110,000
  • Other: $0

    • Paulette Anderson (Registered Nurse)
  • Compensation: $107,716
  • Related: $0
  • Other: $87

    • Allison Eckhardt (Director Of Finance (Thru 6/17/22))
  • Compensation: $97,569
  • Related: $0
  • Other: $5,186

    • Michael W Roskiewicz (Director)
  • Compensation: $0
  • Related: $100,000
  • Other: $0

    • Arnold Speert (President) [Trustee/Director]
  • Compensation: $0
  • Related: $90,000
  • Other: $0

    • C Jackson Bain (Director)
  • Compensation: $0
  • Related: $87,500
  • Other: $0

    • Patricia M Brown (Director (Beg 4/1/22))
  • Compensation: $0
  • Related: $76,833
  • Other: $0

    • Pamela D Paulk (Director (Beg 4/1/22))
  • Compensation: $0
  • Related: $76,833
  • Other: $0

    • Monty C Leonard (Director (Beg 4/1/22))
  • Compensation: $0
  • Related: $76,833
  • Other: $0

    • James P Hayes (Director (Thru 3/31/22))
  • Compensation: $0
  • Related: $38,125
  • Other: $0

    • Fredick W Haas (Director (Thru 3/31/22))
  • Compensation: $0
  • Related: $37,500
  • Other: $0

    • Kultar Singh (Resident Director (Thru 3/31/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David E Marr (Resident Director (Beg 4/1/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Neal Gantert (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Hall (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Rathmann (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Embley (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nationalseniorcampuses.org

    Where can I find the form 990 for Lantern Hill Inc?

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


    Official website here: www.nationalseniorcampuses.org

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

    Mission Statement of Lantern Hill Inc

    Lantern Hill Inc, a renowned nonprofit organization, is dedicated to ensuring that seniors have a place to call home where their primary needs are met. This mission is grounded in the belief that home signifies belonging, peace of mind, love, and acceptance. Lantern Hill celebrates aging, fostering an environment built on inclusion, innovation, and advocacy. By doing so, it creates unparalleled value and opportunities for every life it touches. As a distinguished member of the National Senior Communities Enterprise, Lantern Hill leverages its strong financial foundation and robust governance to benefit seniors and those who support them.

    Impact

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




    Thursday, August 15, 2024

    Lantern Hill Inc provides a welcoming home for seniors that fulfills their fundamental needs for belonging, peace of mind, love, and acceptance. Through a range of services, including housing, food, medical care, security, maintenance, recreational activities, and pastoral support, Lantern Hill supports senior residents living in independent living units, assisted living units, and skilled nursing beds. By celebrating aging and fostering a community grounded in inclusion, innovation, and advocacy, Lantern Hill aims to create unparalleled value and opportunities for every individual they serve.





    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: $11,775,321
  • Program Service Revenue: $41,251,946
  • Gross Receipts: $54,058,238

    • Assets and Liabilities:
  • Total Assets: $474,235,915
  • Total Liabilities: $505,727,998
  • Net Assets: -$31,492,083
  • Programs

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

    RESIDENT FEES

    Revenue

    $36,153,677

    RESIDENT DEPOSITS

    Revenue

    $4,344,518

    ANCILLARY FEES

    Revenue

    $742,801

    PROCESSING FEES

    Revenue

    $10,950

    Organization Details

    Founding Year

    2013

    Principal Officer

    Arnie Speert

    Main Address

    535 MOUNTAIN AVENUE, NEW PROVIDENCE, NJ, 07974

    NTEE Category

    Code: P75 - Human services

    If you are a representative of Lantern Hill 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.