{"success":true,"data":{"_id":42775961,"filings":[{"Organization":{"value":null,"Person":["DAVE MYERSON","H JOSEPH MANEY UNTIL 63022","JACK ADELSON UNTIL 63022","RONALD GRASSO UNTIL 63022","FRANK SANTANGELO BEGIN 93022","GEORGE PARIS","BRUCE SIEGEL","SALVATORE YERARDI"],"Title":["EXECUTIVE DI","FMR VICE PRE","FORMER TREAS","FORMER DIREC","VICE PRESIDE","CLERK","TREASURER","PRESIDENT"],"Hours":[30.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0],"Total Compensation":[60822,0,0,0,0,0,0,0],"Direct compensation":[60822,0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"The organization was incorporated on 12/17/1982 as a not-for-profit organization under massachusetts law to provide housing within the town of lynnfield for elderly, aged or handicapped persons. the organization provides adequate housing facilities on a not-for-profit basis for the use and occupancy of elderly, aged or handicapped persons and other services specially designed to meet the physical, social and psychological needs of the elderly, aged and handicapped and to promote their health, security, and happiness in longer living.","year":2021,"name":"LYNNFIELD INITIATIVES FOR ELDERS INC","phone":7813346066,"website":"HTTP://WWW.LIFE-INC.US","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"SALVATORE YERARDI","year_formation":null,"state_legal_domicile":null,"total_volunteers":null,"tax_period_begin":"2021-07-01T00:00:00","tax_period_end":"2022-06-30T00:00:00","address":"101 ESSEX VILLAGE, LYNNFIELD, MA, 1940, USA","city":"LYNNFIELD","state":"MA","country":"USA","zip_code":1940},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":5,"Number of independent voting members":5,"Number of employees total":4,"Total Gross UBI":0,"Net unrelated business taxable income":null,"Number of employees":4,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":1584154,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":1387892,"Total revenue":1387892,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":196262,"Investment income total":71082,"Net investment gain":125180,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":2667145,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":187264,"Current officers":61428,"Disqualified persons":0,"Other salaries and wages":108509,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":17327},"Other expenses":{"value":2479881,"Management services":0,"Legal":0,"Accounting":60359,"Lobbying services":0,"Investment management fees":25057,"Other services":0,"Advertising":0,"Office expenses":5463,"Information technology":0,"Royalties":0,"Occupancy":82893,"Travel":0,"Conferences and meetings":0,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":724570,"Insurance":86849,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":1494690,"REPAIRS & MAINTENANCE":700797,"PAYMENT IN LIEU OF RE TAX":503319,"SNOW REMOVAL":179245,"LANDSCAPING":111329},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":2576266,"Management And General Expenses":90879,"Fundraising Expenses":0}},"Assets":{"value":20688994,"Non-interest bearing cash":271659,"Savings and temp cash investments":0,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":9703,"Land, building, equipment":17397835,"Investments publicly traded":1671084,"Investments other":1338713,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":100975,"Sum of Total Liabilities":0,"Accounts payable, accrued":93714,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":7261},"Fund balance":{"value":20588019,"Net assets without donor restriction":20588019,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9659264869364058,"percentile":0.8683671948635737},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.6836399743964287,"percentile":0.057095236920939804},"Liabilities to Assets Ratio":{"score":0.004880614301497695,"percentile":0.5300475392186264},"Operating Reserve Ratio":{"score":7.756981341471874,"percentile":0.8653716387925531},"Officer Compensation Ratio":{"score":0.02280415950388899,"percentile":0.8977073542145797},"Program Expense Growth":{"score":0.002282018944139479,"percentile":0.3328030567240302},"Revenue Growth":{"score":0.03725115013839029,"percentile":0.5495181629916813},"Asset Growth":{"score":-0.026107294126060675,"percentile":0.2254667804185625},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6092902839576962,"percentile":0.632429155926656}},"source_xml":"202300909349300930_public.xml"},{"Organization":{"value":null,"Person":["DAVID MAYERSON","SALVATORE YERADI","H JOSEPH MANEY","JACK ADELSON","BRUCE SIEGEL","RONALD GRASSO"],"Title":["EXECTIVE DIRECTOR","PRESIDENT/DIRECTOR","VICE PRESIDENT/DIRECTOR","TREASURER/DIRECTOR","SECRETARY/DIRECTOR","DIRECTOR"],"Hours":[30.0,3.0,3.0,3.0,3.0,3.0],"Total Compensation":[59040,0,0,0,0,0],"Direct compensation":[59040,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0]},"Basic":{"value":null,"mission":"Lynnfield initiatives for elders, inc. (the \"l.I.F.E.\") was incorporated on december 17, 1982 as a not for profit organization under massachusetts law to provide housing within the town of lynnfield for elderly, aged or handicapped persons. to provide adequate housing facilities on a non-profit basis for the use and occupancy of elderly, aged or handicapped persons and other services specially designed to meet the physical, social and psychological needs of the elderly, aged and handicapped and to promote their health, security, happiness in longer living.","year":2019,"name":"LYNNFIELD INITIATIVES FOR ELDERS INC","phone":7813346133,"website":"HTTP://WWW.LIFE-INC.US/","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"SALVATORE YERADI","year_formation":1982,"state_legal_domicile":"MA","total_volunteers":0,"tax_period_begin":"2019-07-01T00:00:00","tax_period_end":"2020-06-30T00:00:00","address":"101 ESSEX VILLAGE, LYNNFIELD, MA, 1940, USA","city":"LYNNFIELD","state":"MA","country":"USA","zip_code":1940},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":5,"Number of independent voting members":5,"Number of employees total":4,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":4,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":1454524,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":1303405,"Total revenue":1303405,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":151119,"Investment income total":60754,"Net investment gain":90365,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":2269237,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":176920,"Current officers":59040,"Disqualified persons":101588,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":16292},"Other expenses":{"value":2092317,"Management services":0,"Legal":28208,"Accounting":9085,"Lobbying services":0,"Investment management fees":22015,"Other services":0,"Advertising":0,"Office expenses":1965,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":724570,"Insurance":74202,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":1175714,"REPAIRS AND MAINTENANCE":496374,"PILOT - REAL ESTATE TAX":479066,"LANDSCAPE":101354,"SNOW REMOVAL":98920},"All other expenses":56558},"Functional Expenses":{"value":null,"Program Service Expenses":2207964,"Management And General Expenses":61273,"Fundraising Expenses":0}},"Assets":{"value":21922916,"Non-interest bearing cash":473002,"Savings and temp cash investments":0,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":9150,"Inventories for sale or use":0,"Prepaid expenses deferred charges":11111,"Land, building, equipment":18846978,"Investments publicly traded":1539578,"Investments other":1043097,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":23246,"Sum of Total Liabilities":0,"Accounts payable, accrued":22746,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":500},"Fund balance":{"value":21899670,"Net assets without donor restriction":0,"Net assets with donor restriction":21899670,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9729984131230013,"percentile":0.8789224058066751},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.5601234493208774,"percentile":0.06757564536013055},"Liabilities to Assets Ratio":{"score":0.0010603516430022356,"percentile":0.568255895698856},"Operating Reserve Ratio":{"score":9.66091950730576,"percentile":0.8887675443019454},"Officer Compensation Ratio":{"score":0.026017555680609827,"percentile":0.8809033443432556},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":null,"percentile":null},"Asset Growth":{"score":null,"percentile":null},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6959657230400443,"percentile":0.8419449070201223}},"source_xml":"202033149349300908_public.xml"},{"Organization":{"value":null,"Person":["DAVE MAYERSON","JAMES WILKIE THRU 63024","SALVATORE YERARDI THRU 63024","GEORGE PARIS EFF 7124","BRUCE GLINSKI","DANIEL MACINTYRE","BEVERLY MERRITT","BRUCE SIEGEL"],"Title":["EXECUTIVE DI","FMR TREASURE","FMR PRESIDEN","PRESIDENT","DIRECTOR","CLERK","DIRECTOR","VP AND TREAS"],"Hours":[30.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0],"Total Compensation":[67530,0,0,0,0,0,0,0],"Direct compensation":[67530,0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"The organization was incorporated on 12/17/1982 as a not-for-profit organization under massachusetts law to provide housing within the town of lynnfield for elderly, aged or handicapped persons. the organization provides adequate housing facilities on a not-for-profit basis for the use and occupancy of elderly, aged or handicapped persons and other services specially designed to meet the physical, social and psychological needs of the elderly, aged and handicapped and to promote their health, security, and happiness in longer living.","year":2023,"name":"LYNNFIELD INITIATIVES FOR ELDERS INC","phone":7813346066,"website":"HTTP://WWW.LIFE-INC.US","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"GEORGE PARIS EFF 7124","year_formation":null,"state_legal_domicile":null,"total_volunteers":null,"tax_period_begin":"2023-07-01T00:00:00","tax_period_end":"2024-06-30T00:00:00","address":"101 ESSEX VILLAGE, LYNNFIELD, MA, 1940, USA","city":"LYNNFIELD","state":"MA","country":"USA","zip_code":1940},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":5,"Number of independent voting members":5,"Number of employees total":5,"Total Gross UBI":0,"Net unrelated business taxable income":null,"Number of employees":5,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":1669899,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":1559579,"Total revenue":1559579,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":110320,"Investment income total":89270,"Net investment gain":21050,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":3103822,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":216858,"Current officers":70128,"Disqualified persons":0,"Other salaries and wages":127232,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":19498},"Other expenses":{"value":2886964,"Management services":0,"Legal":0,"Accounting":72922,"Lobbying services":0,"Investment management fees":24027,"Other services":0,"Advertising":0,"Office expenses":8290,"Information technology":0,"Royalties":0,"Occupancy":84002,"Travel":0,"Conferences and meetings":0,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":727131,"Insurance":121159,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":1849433,"REPAIRS & MAINTENANCE":1083412,"PAYMENT IN LIEU OF RE TAX":528803,"LANDSCAPING":147813,"SNOW REMOVAL":89405},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":2998583,"Management And General Expenses":105239,"Fundraising Expenses":0}},"Assets":{"value":19686249,"Non-interest bearing cash":429310,"Savings and temp cash investments":0,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":11711,"Land, building, equipment":15946133,"Investments publicly traded":1656955,"Investments other":1642140,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":73365,"Sum of Total Liabilities":0,"Accounts payable, accrued":73365,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":19612884,"Net assets without donor restriction":19612884,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9660937386228978,"percentile":0.8686036348110494},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.8586884596014489,"percentile":0.04716897111060251},"Liabilities to Assets Ratio":{"score":0.0037267129964677374,"percentile":0.5394589034024708},"Operating Reserve Ratio":{"score":6.342583112047018,"percentile":0.8404960209237229},"Officer Compensation Ratio":{"score":0.021757046634761915,"percentile":0.9032388511716702},"Program Expense Growth":{"score":0.0378343676792756,"percentile":0.48258827541707333},"Revenue Growth":{"score":0.034740494435359974,"percentile":0.5376190104234471},"Asset Growth":{"score":-0.029350138683798314,"percentile":0.2151391138398358},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6221611046397326,"percentile":0.6687087769076888}},"source_xml":"202402989349300815_public.xml"},{"Organization":{"value":null,"Person":["DAVE MYERSON","DANIEL MACINTYRE START 62123","FRANK SANTANGELO THRU 62123","JAMES WILKIE START 62123","GEORGE PARIS","BRUCE SIEGEL","SALVATORE YERARDI"],"Title":["EXECUTIVE DI","DIRECTOR","FMR VICE PRE","TREAS. EFF 9","CLERK","VP EFF 9/18/","PRESIDENT"],"Hours":[30.0,3.0,3.0,3.0,3.0,3.0,3.0],"Total Compensation":[63180,0,0,0,0,0,0],"Direct compensation":[63180,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"The organization was incorporated on 12/17/1982 as a not-for-profit organization under massachusetts law to provide housing within the town of lynnfield for elderly, aged or handicapped persons. the organization provides adequate housing facilities on a not-for-profit basis for the use and occupancy of elderly, aged or handicapped persons and other services specially designed to meet the physical, social and psychological needs of the elderly, aged and handicapped and to promote their health, security, and happiness in longer living.","year":2022,"name":"LYNNFIELD INITIATIVES FOR ELDERS INC","phone":7813346066,"website":"HTTP://WWW.LIFE-INC.US","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"SALVATORE YERARDI","year_formation":null,"state_legal_domicile":null,"total_volunteers":null,"tax_period_begin":"2022-07-01T00:00:00","tax_period_end":"2023-06-30T00:00:00","address":"101 ESSEX VILLAGE, LYNNFIELD, MA, 1940, USA","city":"LYNNFIELD","state":"MA","country":"USA","zip_code":1940},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":5,"Number of independent voting members":5,"Number of employees total":4,"Total Gross UBI":0,"Net unrelated business taxable income":null,"Number of employees":4,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":1575920,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":1463779,"Total revenue":1463779,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":112141,"Investment income total":81305,"Net investment gain":30836,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":2942483,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":195160,"Current officers":64932,"Disqualified persons":0,"Other salaries and wages":114653,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":15575},"Other expenses":{"value":2747323,"Management services":0,"Legal":0,"Accounting":58785,"Lobbying services":0,"Investment management fees":23126,"Other services":0,"Advertising":0,"Office expenses":5493,"Information technology":0,"Royalties":0,"Occupancy":104561,"Travel":0,"Conferences and meetings":0,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":724570,"Insurance":88662,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":1742126,"REPAIRS & MAINTENANCE":980833,"PAYMENT IN LIEU OF RE TAX":515903,"SNOW REMOVAL":136784,"LANDSCAPING":108606},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":2855079,"Management And General Expenses":87404,"Fundraising Expenses":0}},"Assets":{"value":19944980,"Non-interest bearing cash":320073,"Savings and temp cash investments":0,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":20686,"Land, building, equipment":16673264,"Investments publicly traded":1553868,"Investments other":1377089,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":164666,"Sum of Total Liabilities":0,"Accounts payable, accrued":74606,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":90060},"Fund balance":{"value":19780314,"Net assets without donor restriction":19780314,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9702958351840946,"percentile":0.8748709045942659},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.8671525204325092,"percentile":0.04678622750744445},"Liabilities to Assets Ratio":{"score":0.008256012289809265,"percentile":0.5078209880488272},"Operating Reserve Ratio":{"score":6.778282151502659,"percentile":0.8490798480839422},"Officer Compensation Ratio":{"score":0.021471661858369274,"percentile":0.9046947396079309},"Program Expense Growth":{"score":0.02760323564887952,"percentile":0.4384152198669924},"Revenue Growth":{"score":0.03231230877144088,"percentile":0.5259749076879187},"Asset Growth":{"score":-0.030464357082746255,"percentile":0.21174421972245921},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6165065684594582,"percentile":0.653023578393895}},"source_xml":"202302799349300105_public.xml"},{"Organization":{"value":null,"Person":["Beverly Merritt","George Paris","Daniel Macintyre","Bruce Glinski","Ronald Block","Dave Mayerson"],"Title":["President","Fmr President","Treasurer","Vice President","Clerk","Fmr Executive Director"],"Hours":[3.0,3.0,3.0,3.0,3.0,30.0],"Total Compensation":[0,0,0,0,0,71880],"Direct compensation":[0,0,0,0,0,71880],"Other compensation":[0,0,0,0,0,0]},"Basic":{"value":null,"mission":"The organization was incorporated on 12/17/1982 as a not-for-profit organization under massachusetts law to provide housing within the town of lynnfield for elderly, aged or handicapped persons. the organization provides adequate housing facilities on a not-for-profit basis for the use and occupancy of elderly, aged or handicapped persons and other services specially designed to meet the physical, social and psychological needs of the elderly, aged and handicapped and to promote their health, security, and happiness in longer living.","year":2024,"name":"Lynnfield Initiatives for Elders Inc","phone":7813346066,"website":"http://www.life-inc.us","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"Beverly Merritt","year_formation":1982,"state_legal_domicile":"MA","total_volunteers":0,"tax_period_begin":"2024-07-01T00:00:00","tax_period_end":"2025-06-30T00:00:00","address":"101 Essex Village, Lynnfield, MA, 1940, USA","city":"Lynnfield","state":"MA","country":"USA","zip_code":1940},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":4,"Number of independent voting members":4,"Number of employees total":4,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":4,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":1885474,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":1595616,"Total revenue":1595616,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":289858,"Investment income total":106168,"Net investment gain":183690,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":2992714,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":221489,"Current officers":67495,"Disqualified persons":0,"Other salaries and wages":136687,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":17307},"Other expenses":{"value":2771225,"Management services":18000,"Legal":0,"Accounting":55443,"Lobbying services":0,"Investment management fees":26781,"Other services":0,"Advertising":0,"Office expenses":5451,"Information technology":0,"Royalties":0,"Occupancy":103762,"Travel":0,"Conferences and meetings":0,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":696430,"Insurance":118813,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":1746545,"Repairs and Maintenance":887109,"Payment in Lieu of RE T":534148,"Landscaping":167013,"Snow Removal":158275},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":2887039,"Management And General Expenses":105675,"Fundraising Expenses":0}},"Assets":{"value":19517907,"Non-interest bearing cash":559539,"Savings and temp cash investments":0,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":16048,"Land, building, equipment":15300703,"Investments publicly traded":2688231,"Investments other":953386,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":388826,"Sum of Total Liabilities":0,"Accounts payable, accrued":330626,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":58200},"Fund balance":{"value":19129081,"Net assets without donor restriction":19129081,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9646892419389224,"percentile":0.8665787904908445},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.5872475568477741,"percentile":0.06491478248322338},"Liabilities to Assets Ratio":{"score":0.01992150080436391,"percentile":0.4578443807529255},"Operating Reserve Ratio":{"score":6.521808298420765,"percentile":0.8441215385047549},"Officer Compensation Ratio":{"score":0.024018332523588957,"percentile":0.8914574366302702},"Program Expense Growth":{"score":0.032768283299020394,"percentile":0.46087406951664994},"Revenue Growth":{"score":0.04572427256823627,"percentile":0.5880421663725615},"Asset Growth":{"score":-0.02680457807404466,"percentile":0.2231616503968373},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6220841028164916,"percentile":0.6684887937583981}},"source_xml":"202543149349301019_public.xml"},{"Organization":{"value":null,"Person":["H JOSEPH MANEY","SALVATORE YERARDI","JACK ADELSON","BRUCE SIEGEL","RONALD GRASSO"],"Title":["PRESIDENT/DIRECTOR","VICE PRESIDENT/DIRECTOR","TREASURER/DIRECTOR","SECRETARY/DIRECTOR","DIRECTOR"],"Hours":[3.0,3.0,3.0,3.0,3.0],"Total Compensation":[0,0,0,0,0],"Direct compensation":[0,0,0,0,0],"Other compensation":[0,0,0,0,0]},"Basic":{"value":null,"mission":"Lynnfield initiatives for elders, inc. (the \"l.I.F.E.\") was incorporated on december 17, 1982 as a not for profit organization under massachusetts law to provide housing within the town of lynnfield for elderly, aged or handicapped persons. to provide adequate housing facilities on a non-profit basis for the use and occupancy of elderly, aged or handicapped persons and other services specially designed to meet the physical, social and psychological needs of the elderly, aged and handicapped and to promote their health, security, happiness in longer living.","year":2018,"name":"LYNNFIELD INITIATIVES FOR ELDERS INC","phone":7813346133,"website":"HTTP://WWW.LIFE-INC.US/","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"H JOSEPH MANEY","year_formation":1982,"state_legal_domicile":"MA","total_volunteers":5,"tax_period_begin":"2018-07-01T00:00:00","tax_period_end":"2019-06-30T00:00:00","address":"101 ESSEX VILLAGE, LYNNFIELD, MA, 1940, USA","city":"LYNNFIELD","state":"MA","country":"USA","zip_code":1940},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":5,"Number of independent voting members":5,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":1399580,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":1269058,"Total revenue":1269058,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":130522,"Investment income total":72243,"Net investment gain":58279,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":2734834,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":174358,"Current officers":0,"Disqualified persons":157652,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":16706},"Other expenses":{"value":2560476,"Management services":0,"Legal":28165,"Accounting":0,"Lobbying services":0,"Investment management fees":21740,"Other services":0,"Advertising":0,"Office expenses":1990,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":724570,"Insurance":60391,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":1662236,"REPAIRS AND MAINTENANCE":934645,"PILOT":467382,"SNOW REMOVAL":139850,"LANDSCAPE":120359},"All other expenses":61384},"Functional Expenses":{"value":null,"Program Service Expenses":2682939,"Management And General Expenses":51895,"Fundraising Expenses":0}},"Assets":{"value":22590344,"Non-interest bearing cash":348133,"Savings and temp cash investments":0,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":1485,"Inventories for sale or use":0,"Prepaid expenses deferred charges":16451,"Land, building, equipment":19571545,"Investments publicly traded":1594595,"Investments other":1058135,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":39844,"Sum of Total Liabilities":0,"Accounts payable, accrued":20224,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":19620},"Fund balance":{"value":22550500,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":22550500},"Ratings":{"Program Expense Ratio":{"score":0.981024442434166,"percentile":0.8913133493913786},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.9540390688635162,"percentile":0.043278559693837725},"Liabilities to Assets Ratio":{"score":0.0017637624287615984,"percentile":0.5591911204408808},"Operating Reserve Ratio":{"score":8.26022493504176,"percentile":0.8724361437022597},"Officer Compensation Ratio":{"score":null,"percentile":null},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":null,"percentile":null},"Asset Growth":{"score":null,"percentile":null},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6781213410855095,"percentile":0.8071011760499146}},"source_xml":"201902979349300015_public.xml"},{"Organization":{"value":null,"Person":["SALVATORE YERARDI","H JOSEPH MANEY","JACK ADELSON","BRUCE SIEGEL","RONALD GRASSO","DAVID MAYERSON"],"Title":["PRESIDENT/DIRECTOR","VICE PRESIDENT/DIRECTOR","TREASURER/DIRECTOR","SECRETARY/DIRECTOR","DIRECTOR","EXECTIVE DIRECTOR"],"Hours":[3.0,3.0,3.0,3.0,3.0,30.0],"Total Compensation":[0,0,0,0,0,59628],"Direct compensation":[0,0,0,0,0,59628],"Other compensation":[0,0,0,0,0,0]},"Basic":{"value":null,"mission":"Lynnfield initiatives for elders, inc. (the \"l.I.F.E.\") was incorporated on december 17, 1982 as a not for profit organization under massachusetts law to provide housing within the town of lynnfield for elderly, aged or handicapped persons. to provide adequate housing facilities on a non-profit basis for the use and occupancy of elderly, aged or handicapped persons and other services specially designed to meet the physical, social and psychological needs of the elderly, aged and handicapped and to promote their health, security, happiness in longer living.","year":2020,"name":"LYNNFIELD INITIATIVES FOR ELDERS INC","phone":7813346066,"website":"HTTP://WWW.LIFE-INC.US/","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"SALVATORE YERARDI","year_formation":1982,"state_legal_domicile":"MA","total_volunteers":5,"tax_period_begin":"2020-07-01T00:00:00","tax_period_end":"2021-06-30T00:00:00","address":"101 ESSEX VILLAGE, LYNNFIELD, MA, 1940, USA","city":"LYNNFIELD","state":"MA","country":"USA","zip_code":1940},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":5,"Number of independent voting members":5,"Number of employees total":4,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":4,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":1449077,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":1323332,"Total revenue":1323332,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":125745,"Investment income total":65020,"Net investment gain":60725,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":2645594,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":189099,"Current officers":60216,"Disqualified persons":104304,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":24579},"Other expenses":{"value":2456495,"Management services":0,"Legal":0,"Accounting":34213,"Lobbying services":0,"Investment management fees":24109,"Other services":0,"Advertising":0,"Office expenses":1939,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":724570,"Insurance":75780,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":1521287,"REPAIRS AND MAINTENANCE":750297,"PILOT - REAL ESTATE TAX":490953,"SNOW REMOVAL":149594,"LANDSCAPE":130443},"All other expenses":74597},"Functional Expenses":{"value":null,"Program Service Expenses":2585333,"Management And General Expenses":60261,"Fundraising Expenses":0}},"Assets":{"value":21939385,"Non-interest bearing cash":428776,"Savings and temp cash investments":0,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":10858,"Land, building, equipment":18122405,"Investments publicly traded":2063342,"Investments other":1314004,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":88456,"Sum of Total Liabilities":0,"Accounts payable, accrued":29766,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":58690},"Fund balance":{"value":21850929,"Net assets without donor restriction":0,"Net assets with donor restriction":21850929,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9772221285654564,"percentile":0.885361064342278},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.8257097448927835,"percentile":0.0487478394245884},"Liabilities to Assets Ratio":{"score":0.004031835896949709,"percentile":0.5368406411977065},"Operating Reserve Ratio":{"score":8.292801162990239,"percentile":0.872864779309248},"Officer Compensation Ratio":{"score":0.022538605696868077,"percentile":0.8991002404340414},"Program Expense Growth":{"score":-0.01958325018097342,"percentile":0.2609522185499413},"Revenue Growth":{"score":0.017253631673871027,"percentile":0.45071504942395413},"Asset Growth":{"score":-0.014693749210433985,"percentile":0.26385103622911904},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5988571662562361,"percentile":0.6021802729910889}},"source_xml":"202133149349302068_public.xml"}],"Latest":{"Organization":{"value":null,"Person":["Beverly Merritt","George Paris","Daniel Macintyre","Bruce Glinski","Ronald Block","Dave Mayerson"],"Title":["President","Fmr President","Treasurer","Vice President","Clerk","Fmr Executive Director"],"Hours":[3.0,3.0,3.0,3.0,3.0,30.0],"Total Compensation":[0,0,0,0,0,71880],"Direct compensation":[0,0,0,0,0,71880],"Other compensation":[0,0,0,0,0,0]},"Basic":{"value":null,"mission":"The organization was incorporated on 12/17/1982 as a not-for-profit organization under massachusetts law to provide housing within the town of lynnfield for elderly, aged or handicapped persons. the organization provides adequate housing facilities on a not-for-profit basis for the use and occupancy of elderly, aged or handicapped persons and other services specially designed to meet the physical, social and psychological needs of the elderly, aged and handicapped and to promote their health, security, and happiness in longer living.","year":2024,"name":"Lynnfield Initiatives for Elders Inc","phone":7813346066,"website":"http://www.life-inc.us","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"Beverly Merritt","year_formation":1982,"state_legal_domicile":"MA","total_volunteers":0,"tax_period_begin":"2024-07-01T00:00:00","tax_period_end":"2025-06-30T00:00:00","address":"101 Essex Village, Lynnfield, MA, 1940, USA","city":"Lynnfield","state":"MA","country":"USA","zip_code":1940},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":4,"Number of independent voting members":4,"Number of employees total":4,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":4,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":1885474,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":1595616,"Total revenue":1595616,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":289858,"Investment income total":106168,"Net investment gain":183690,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":2992714,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":221489,"Current officers":67495,"Disqualified persons":0,"Other salaries and wages":136687,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":17307},"Other expenses":{"value":2771225,"Management services":18000,"Legal":0,"Accounting":55443,"Lobbying services":0,"Investment management fees":26781,"Other services":0,"Advertising":0,"Office expenses":5451,"Information technology":0,"Royalties":0,"Occupancy":103762,"Travel":0,"Conferences and meetings":0,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":696430,"Insurance":118813,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":1746545,"Repairs and Maintenance":887109,"Payment in Lieu of RE T":534148,"Landscaping":167013,"Snow Removal":158275},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":2887039,"Management And General Expenses":105675,"Fundraising Expenses":0}},"Assets":{"value":19517907,"Non-interest bearing cash":559539,"Savings and temp cash investments":0,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":16048,"Land, building, equipment":15300703,"Investments publicly traded":2688231,"Investments other":953386,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":388826,"Sum of Total Liabilities":0,"Accounts payable, accrued":330626,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":58200},"Fund balance":{"value":19129081,"Net assets without donor restriction":19129081,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9646892419389224,"percentile":0.8665787904908445},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.5872475568477741,"percentile":0.06491478248322338},"Liabilities to Assets Ratio":{"score":0.01992150080436391,"percentile":0.4578443807529255},"Operating Reserve Ratio":{"score":6.521808298420765,"percentile":0.8441215385047549},"Officer Compensation Ratio":{"score":0.024018332523588957,"percentile":0.8914574366302702},"Program Expense Growth":{"score":0.032768283299020394,"percentile":0.46087406951664994},"Revenue Growth":{"score":0.04572427256823627,"percentile":0.5880421663725615},"Asset Growth":{"score":-0.02680457807404466,"percentile":0.2231616503968373},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6220841028164916,"percentile":0.6684887937583981}},"source_xml":"202543149349301019_public.xml"},"sector":"Human Services","donation_categories":[],"zakat_policy":null},"error":null}