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Loomis Senior Living

Also known as Reeds Landing

Springfield, MA · EIN 04-3314106 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Loomis Senior Living reported $13.7 million in revenue and $13.5 million in expenses for calendar year 2024. Of every $100 it spent, $88.07 went to program services, $11.71 to management and general costs and $0.22 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 95.3% of the total. The highest compensation it reported for one person was $344,197 (PRESIDENT & CEO). 5 people received more than $100,000 in reportable compensation. Revenue rose 19% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $14M

For context, the median across 479 covered community improvement & capacity building charities: $90.45 programs, $9.31 management, $0.24 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $14M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 479 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
88.1%89.1%
Management & general
Part IX 25(C) ÷ 25(A)
11.7%9.2%
Fundraising
Part IX 25(D) ÷ 25(A)
0.2%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.6%80.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%14.9%
Program service revenue share
Part VIII 2g ÷ 12
95.3%11.9%
Highest reported compensation
Part VII-A, columns D–F
$344,197$291,103
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.54%1.49%
People paid over $100,000
Part VII, line 2
55
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
-2.79.2
Independent voting board members
Part VI 1a–1b
15 of 15100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$12M expenses · 100.0% of program spending · revenue $13M

Loomis Senior Living is a 42-bed nursing facility and a retirement community located in springfield, massachusetts. The retirement community consists of 121 independent living apartments and 31 assisted living apartments

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT & CEO
Officer, 20.00 hrs/week
$0$318,550$25,647$344,197
EXECUTIVE DIRECTOR
Highest compensated employee, 40.00 hrs/week
$179,940$0$28,335$208,275
HR DIRECTOR
Highest compensated employee, 10.00 hrs/week
$0$158,087$1,990$160,077
DIRECTOR OF NURSING
Highest compensated employee, 40.00 hrs/week
$136,721$0$16,303$153,024
CFO/TREAS/ASST CLERK (UNTIL 8/24/24)
Officer, 20.00 hrs/week
$0$131,198$9,665$140,863
IT DIRECTOR
Highest compensated employee, 20.00 hrs/week
$0$122,293$16,397$138,690
LICENSED PRACTICAL NURSE
Highest compensated employee, 40.00 hrs/week
$105,817$0$16,393$122,210
CFO & TREASURER/ASSISTANT CLERK
Officer, 20.00 hrs/week
$0$54,077$1,535$55,612

5 people received more than $100,000 in reportable compensation from Loomis Senior Living (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20M201920202021202220232024$14M$14M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$14M$14M88.1%−$3.1M$344,197
2023 ⓘ$13M$13M88.9%−$4.1M$341,185
2022 ⓘ$14M$14M89.1%−$4.0M$372,535
2021 ⓘ$13M$13M88.3%−$3.5M$268,428
2020 ⓘ$11M$13M89.6%−$3.7M$283,863
2019 ⓘ$12M$12M87.6%−$2.5M$364,620

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b15 · 15 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5222
  • Volunteers Part I, line 619

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
SODEXO & AFFILIATES
Food service
$1,270,600
SELECT REHABILITATION INC
Rehab services
$339,990
MERCIER CARPET
Contractor
$182,909
MOUNTAIN VIEW LANDSCAPES AND LAWNCARE I
Landscaping services
$161,952
SPRINGFIELD ELECTRIC
Contractor
$121,394

Individuals listed as contractors are left out. 7 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Loomis Senior Living's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Loomis Senior Living, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All community improvement & capacity building charities · Largest charities in Massachusetts

Questions people ask

How much of Loomis Senior Living's spending goes to programs?

In calendar year 2024, Loomis Senior Living reported that 88.1% of its $13.5 million in expenses went to program services, 11.7% to management and general and 0.2% to fundraising (Form 990, Part IX).

How much does Loomis Senior Living pay its top executive?

The largest total compensation Loomis Senior Living reported for one person in calendar year 2024 was $344,197, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Loomis Senior Living get its money?

Of $13.7 million in revenue in calendar year 2024, 0.6% came from contributions and grants and 95.3% from program service revenue (Form 990, Part VIII).

Is Loomis Senior Living a registered charity?

The IRS lists EIN 04-3314106 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202503169349301625 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202413129349300921 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202323189349312002 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202203189349308580 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202103169349306425 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202013219349309636 · read the filing

All filings for EIN 04-3314106: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.