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EIN 04-2400070

Lynn Home for Elderly Persons

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Lynn
State
Massachusetts
Year formed
1968
Most recent tax filings
2023-08-01
NTEE code, primary
T20: Private Foundations
Description
Lynn Home for Elderly Persons was formed by the merger of Lynn Home for Aged Women, Lynn Home for Aged Men and Lynn Home for Aged Couples. On June 9, 1966 the Executive Board of Lynn Home for Aged Women voted to purchase 1/3 of the Hollis property at the corner of Ocean Street and Atlantic Terrace of Lynn, Massachusetts, for $25,000. Lynn Homes for Aged Men & Couples also paid $25,000 each, for a total of $75,000. The Hollis house was taken down and a multiple level dwelling was erected for aged persons.
Total revenues
$1,819,998
2023
Total expenses
$2,349,507
2023
Total assets
$34,641,769
2023
Num. employees
0
2023

Program areas at Lynn Home for Elderly Persons

The foundation operates a nursing Home for citizens of the greater Lynn area over the age of 65. The Home houses 27 residents as of 8/31/23.

Who funds Lynn Home for Elderly Persons

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
TR Uw of Annie E WilsonUnrestricted General$36,818
Henry H Downing Trust Uw #0703520 Charles L NewhallUnrestricted Within Donee's Charitable Purposes$23,163

Personnel at Lynn Home for Elderly Persons

NameTitleCompensation
Dr. Ronald RosenMedical Director
William AnthonyMaintenance Director$55,303
Sue HeffelmanActivities Director
Paula RoderickOffice Manager$53,975
Wanda WilsonNurse Manager$87,132
...and 4 more key personnel

Financials for Lynn Home for Elderly Persons

RevenuesFYE 08/2023
Total grants, contributions, etc.$402,722
Investment income and dividends$660,219
Net rental income$0
Net gain from sale of non-inventory assets$-322,985
Gross sales of inventory$0
Miscellaneous revenues$1,080,042
Total revenues$1,819,998

Form 990s for Lynn Home for Elderly Persons

Fiscal year endingDate received by IRSFormPDF link
2022-082022-12-22990PFView PDF
2021-082021-12-22990PFView PDF
2020-082021-06-15990PFView PDF
2019-082020-01-27990PFView PDF
2018-082019-03-12990PFView PDF
...and 7 more Form 990s

Organizations like Lynn Home for Elderly Persons

OrganizationLocationRevenue
Southmayd HomeWaterbury, CT$2,189,158
Roxborough Home for the Indigent WomenPhiladelphia, PA$558,105
The Clark Manor HouseCanandaigua, NY$1,534,983
Winchester Mount Vernon House (WMVH)Winchester, MA$1,056,185
Moody ManorHialeah, FL$679,330
Southern Affordable ServicesWinter Park, FL$792,436
Gold Crest Retirement CenterAdams, NE$5,417,881
Petersburg Home for LadiesPetersburg, VA$2,752,733
Old Ladies Home SocietyBeverly, MA$477,486
The HomesteadWoodstock, VT$891,944
Data update history
February 4, 2024
Received grants
Identified 1 new grant, including a grant for $23,163 from Henry H Downing Trust Uw #0703520 Charles L Newhall
September 4, 2023
Updated personnel
Identified 5 new personnel
July 18, 2023
Posted financials
Added Form 990PF for fiscal year 2022
July 7, 2023
Updated personnel
Identified 3 new personnel
June 29, 2023
Posted financials
Added Form 990PF for fiscal year 2021
Nonprofit Types
Private foundationsPrivate operating foundationsCharities
Issues
Human servicesHousing
Characteristics
Partially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
1 Atlantic Terrace
Lynn, MA 01902
Metro area
Boston-Cambridge-Newton, MA-NH
County
Essex County, MA
Website URL
lynnhomeforelderly.org/ 
Phone
(781) 593-8099
IRS details
EIN
04-2400070
Fiscal year end
August
Taxreturn type
Form 990-PF
Year formed
1968
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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