Charity Impact Media

Home › Human services

The Glen Retirement System

Shreveport, LA · EIN 72-0428013 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending April 30, 2025 (tax year 2024) · View the filing · Correct or respond

The Glen Retirement System reported $22.0 million in revenue and $24.0 million in expenses for the fiscal year ending April 30, 2025. Of every $100 it spent, $87.04 went to program services, $12.96 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 90.5% of the total. The highest compensation it reported for one person was $167,814 (PRESIDENT & CEO). 5 people received more than $100,000 in reportable compensation. Revenue rose 41% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending April 30, 2025 · Form 990, Part IX, line 25 · total expenses $24M

For context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending April 30, 2025 · Form 990, Part VIII · total revenue $22M

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

FY2025 filing. Median across 3,614 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
87.0%87.2%
Management & general
Part IX 25(C) ÷ 25(A)
13.0%11.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
6.7%20.6%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%2.4%
Program service revenue share
Part VIII 2g ÷ 12
90.5%70.8%
Highest reported compensation
Part VII-A, columns D–F
$167,814$274,992
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.70%1.18%
People paid over $100,000
Part VII, line 2
56
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
3.56.9
Independent voting board members
Part VI 1a–1b
11 of 11100.0%

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

FY2025 · Form 990, Part III · the three largest programs by expense
$12M expenses · 59.4% of program spending · revenue $11M

Skilled nursing facility licensed for 126 beds, medicare and medicaid certified. Designed with 5 households to provide a nurturing environment. The COVID-19 pandemic and related staffing shortage resulted in a negative impact on occupancy due to the COVID-19 pandemic and related staffing shortage and the number of active beds was reduced to 89 in FY 2022. During the FY 2024, we refurbished and reopened 21 beds ending the year with a total of 110 active beds. We are still in recovery. For fiscal year ending 4/30/25, we maintained an average occupancy of 71% of the total licensed beds with a…

$3.7M expenses · 17.9% of program spending · revenue $3.8M

Independent living / assisted living rental units for those 62 or older to live comfortably with the option to add services as care level changes. The COVID-19 pandemic had a negative impact on occupancy. Rising costs of healthcare workers has increased expenses. We are still in recovery. For fiscal year ending 4/30/25, we maintained 99 apartments with an average occupancy of 87% providing 31,253 days of services in fiscal year ending 4/30/25

$2.6M expenses · 12.7% of program spending · revenue $2.2M

Memory care assisted living in two secured buildings with a home like environment and activities geared for those over 62 with memory loss. 30 apartments with an average occupancy of 97% providing 10,567 days of care in fiscal year ending 04/30/2025

$2.1M all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT & CEO
Officer, 40.0 hrs/week
$163,941$0$3,873$167,814
ADMINISTRATOR
Highest compensated employee, 40.0 hrs/week
$144,323$0$3,481$147,804
DIRECTOR OF NURSING
Highest compensated employee, 40.0 hrs/week
$128,792$0$2,152$130,944
DIRECTOR OF IL AND AL
Highest compensated employee, 40.0 hrs/week
$103,284$0$8,937$112,221
LPN
Highest compensated employee, 63.5 hrs/week
$109,658$0$2,193$111,851
CONTROLLER
Officer, 40.0 hrs/week
$99,263$0$8,853$108,116

5 people received more than $100,000 in reportable compensation from The Glen Retirement System (Part VII, line 2). Compensation of current officers, directors and key employees totaled $276K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$22M$24M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$22M$24M87.0%$6.9M$167,814
FY2024 ⓘ$20M$22M86.3%$9.0M$175,008
FY2023 ⓘ$17M$20M86.6%$11M$166,884
FY2022 ⓘ$16M$18M90.5%$15M$163,577
FY2021 ⓘ$17M$16M80.4%$19M$155,076
FY2020 ⓘ$16M$16M81.2%$16M$144,165

Governance answers, as filed

FY2025 · 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–1b11 · 11 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 4No
  • 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 5298
  • Volunteers Part I, line 670

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
SUMMIT HEALTH & REHAB
Rehab - therapy
$597,264
MARK DUNN BUILDERS LLC
Contractor for generator
$562,730
ALPHA NURSING
Contract nursing
$409,506
DMR EQUIPMENT SERVICES
Equipment services
$165,357
JDRO LLC
Lawn services
$152,148

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

Private foundation grants it received

4 private foundations reported grants to The Glen Retirement System totaling $24,532 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

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

Similar-sized charities in this cause

All human services charities · Largest charities in Louisiana

Questions people ask

How much of The Glen Retirement System's spending goes to programs?

In the fiscal year ending April 30, 2025, The Glen Retirement System reported that 87.0% of its $24.0 million in expenses went to program services, 13.0% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does The Glen Retirement System pay its top executive?

The largest total compensation The Glen Retirement System reported for one person in the fiscal year ending April 30, 2025 was $167,814, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does The Glen Retirement System get its money?

Of $22.0 million in revenue in the fiscal year ending April 30, 2025, 6.7% came from contributions and grants and 90.5% from program service revenue (Form 990, Part VIII).

Is The Glen Retirement System a registered charity?

The IRS lists EIN 72-0428013 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

  • FY2025: Form 990 for the fiscal year ending April 30, 2025, object 202610269349301761 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending April 30, 2024, object 202530279349301383 · read the filing
  • FY2023: Form 990 for the fiscal year ending April 30, 2023, object 202440199349300624 · read the filing
  • FY2022: Form 990 for the fiscal year ending April 30, 2022, object 202340729349300624 · read the filing
  • FY2021: Form 990 for the fiscal year ending April 30, 2021, object 202210699349301631 · read the filing
  • FY2020: Form 990 for the fiscal year ending April 30, 2020, object 202120699349300027 · read the filing

All filings for EIN 72-0428013: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.