2Life Communities
Legal name: Jewish Community Housing for the Elderly V Inc
Nonprofit profile at a glance
- EIN
- 042761591
- IRS 990 coverage
- 2013–2020
- Official website data refreshed
- Aug 2026
- Forms available
- Form 990 2020
- Location
- Brighton, MA, USA
- Phone
- 617-208-0654
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Low-Income & Subsidized Rental Housing
- Affiliation
- Judaism
Reported finances
- Revenue
- $137,299
- Expenses
- $238,572
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- AMY SCHECTMAN (PRESIDENT/ASSISTANT CLERK)
- KAREN EDLUND (VICE PRESIDENT/TREASURER)
Highest reported compensation
- AMY SCHECTMAN (PRESIDENT/ASSISTANT CLERK): $325,432 total reported compensation
- LIZBETH HAYER (CLERK): $225,973 total reported compensation
- KAREN EDLUND (VICE PRESIDENT/TREASURER): $207,564 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
At 2Life, our mission is to ensure that all seniors have the opportunity to thrive regardless of their income level or background. 2Life has been at the heart of positive change in the affordable senior housing ecosystem since 1965, with our residents at the center of everything we do. We are on a mission to ensure that all older adults have the opportunity to _age in community_ : to live full lives of connection and purpose in dynamic, supportive environments. To that end, we develop, own, operate, and provide supportive services to every one of our communities. In all we do, we advocate for and empower older adults guided by our shared values of lovingkindness, community, and repairing the world. LEARN ABOUT OUR HISTORY.
What it reported doing in 2020
To plan, acquire, own, construct, rehabilitate, convert, and operate housing facilities for the elderly and disabled persons and to provide related social services within the such housing facilities which promote health, security, happiness and usefulness in longer living.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Affiliate network. The nonprofit sent 99% of its reported program spending through affiliated organizations.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 82
- Accountability: 100
- Sustainability: 2
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -73.8%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 91.7%; rating input score 1; 1st percentile among comparable filings
Growth
- Program expense growth: 11.2% per year; rating input score 100; 81st percentile among comparable filings
- Revenue growth: 12.8% per year; rating input score 100; 83rd percentile among comparable filings
- Asset growth: -10.5% per year; rating input score 0; 6th percentile among comparable filings
Details
- What they do: 3 programs and campaigns described on the official site
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: 6 of 6 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $239K in reported program spending
- Leadership: top reported pay $325K · 14 people listed · 4 of 6 pay-setting controls reported
- Consistency: 12 of 12 current checks pass
- Schedules: 6 filed schedules · includes executive pay
- Filing history: 8 filing years from 2013 to 2020
- Contacts: How to reach this organization
- Related organizations: 23 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 3/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 1/100.