JustLiving Communities
Legal name: Justliving Communities Corp
Nonprofit profile at a glance
- EIN
- 873705424
- IRS 990 coverage
- 2023–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-EZ 2022, Form 990-N 2022
- Location
- Lincoln, MA, USA
- Phone
- 7813385985
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Senior Citizens' Housing/Retirement Communities
Reported finances
- Revenue
- $31,948,228
- Expenses
- $51,504,912
- Assets
- $439,725,310
- Liabilities
- $502,704,089
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- LARRY BRADSHAW (CHAIRMAN)
- JEFF CARPENTER (TREASURER)
- PHILIPPE SAAD (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
JustLiving Communities seeks to lead in the delivery and innovation of services for older adults, promoting transparency, inclusivity and community integration within a culture of social awareness, workforce equity and environmental stewardship.
What it reported doing in 2024
Justliving communities corp owns and operates a senior living community located in lincoln, Massachusetts, known as the commons in lincoln (the community). The community is situated on a 30 acres campus consisting of 168 independent living units across two main apartment-style buildings and 38 cottages. The community also includes a health care facility consisting of a 40 unit assisted living facility, a 24 unit memory care facility, a 32 bed skilled nursing facility, and an assisted rehabilitation unit on site to provide the services of a continuing care retirement community. Eight of the community's independent living units are designated as low and moderate income units. Monthly rental rates for these units are restricted to maximum allowable amounts based on the resident's income.
Operating model
- Revenue model
- Earned-program. 97% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
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 some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 92
- Accountability: 94
- Sustainability: 39
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 97.1%; rating input score 97
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 6 of 7 controls in place; rating input score 86
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -61.2%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 8.54; rating input score 90; 90th percentile among comparable filings
- Liabilities to assets ratio: 1.14; rating input score 4; 4th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 96; 96th percentile among comparable filings
Growth
- Program expense growth: 21.6% per year; rating input score 100; 91st percentile among comparable filings
- Revenue growth: 85.7% per year; rating input score 100; 99th percentile among comparable filings
- Asset growth: 98.7% per year; rating input score 100; 100th percentile among comparable filings
Details
- What they do: Mission, programs, and operating context captured from the official website.
- Where the money goes: 100% of revenue deployed · 97.1% of spending went to programs
- Governance: 4 of 4 board members independent · 6 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $50M in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Highest-paid contractors: 5 contractors listed · $3M reported
- Consistency: 28 of 28 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Related organizations: 3 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 1/100.
- Review — Accountability: Governance controls: Whistleblower policy not reported.
- High — Sustainability: Liabilities to assets ratio scored 4/100.