Landow House Inc
Nonprofit profile at a glance
- EIN
- 300012186
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Rockville, MD, USA
- Phone
- 3017708438
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Senior Citizens' Housing/Retirement Communities
- Affiliation
- Judaism
Reported finances
- Revenue
- $11,242,881
- Expenses
- $9,732,154
- Assets
- $22,880,657
- Liabilities
- $6,863,182
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- BRUCE J LEDERMAN (President/CEO)
- WARREN SLAVIN (CEO EMERITUS/SR ADVISOR)
- KATHLEEN TRIGGS (Executive Director)
Highest reported compensation
- BRUCE J LEDERMAN (President/CEO): $803,005 total reported compensation
- TERRI TANNER-HILL (Exec VP Fin/CFO): $614,200 total reported compensation
- WARREN SLAVIN (CEO EMERITUS/SR ADVISOR): $187,021 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of Landow House, Inc. is to provide the community with high quality assisted living that enriches residents' lives and reflects Jewish values.Landow House has provided attentive assisted living services to seniors in the Washington DC region since 2005. At Landow House, seniors in need of a supportive environment and personalized care benefit from three nourshing meals daily; individualized assistance with personal care needs, adjusted as abilities change; medical and rehabilitation services; a supportive environment that fosters independence, including extensive cultural and social programs, bus transportation, 24-hour security, fitness center, internet access, Jewish values that honor and respect our elders, and kosher meals.In 2013 Landow House opened an 18 unit memory care center, Cohen-Rosen House, specializing in serving seniors with Alzheimers and other dementia-related diagnoses.Landow House is part of Charles E. Smith Life Communities. Our organization's vision and
What it reported doing in 2024
Provide assisted living to seniors, with services including three meals daily, individualized personal care, on site medical and rehabilitative services, bus transportation to shopping and area cultural events, along with on site activities that focus on the mind and body, such as art, music and dance, book clubs, etc.
Operating model
- Revenue model
- Earned-program. 94% 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
SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 67
- Transparency & Controls: 60
- Accountability: 100
- Sustainability: 65
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 71.2%; rating input score 71
- Program expense ratio: 83.9%; rating input score 84
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- 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; 66th 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: 13.4%; rating input score 74; 74th percentile among comparable filings
- Total-asset coverage ratio: 2.35; rating input score 67; 67th percentile among comparable filings
- Liabilities to assets ratio: 0.3; rating input score 46; 46th percentile among comparable filings
- Officer compensation ratio: 5.6%; rating input score 45; 45th percentile among comparable filings
Growth
- Program expense growth: 4.2% per year; rating input score 100; 35th percentile among comparable filings
- Revenue growth: 4.1% per year; rating input score 100; 36th percentile among comparable filings
- Asset growth: 1.1% per year; rating input score 100; 14th percentile among comparable filings
Details
- Where the money goes: 71.2% of revenue deployed · 83.9% of spending went to programs
- Governance: 12 of 12 board members independent · 9 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $8.2M in reported program spending
- Leadership: top reported pay $803K · 18 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 2 contractors listed · $917K reported
- Consistency: 30 of 30 current checks pass
- Schedules: 6 filed schedules · includes executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 4 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 — Transparency & Controls: Pay-setting controls scored 0/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 46/100.
- Moderate — Sustainability: Officer compensation ratio scored 45/100.