National Senior Communities, Inc.
Legal name: Lantern Hill Inc
Nonprofit profile at a glance
- EIN
- 371742780
- IRS 990 coverage
- 2015–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Washington, DC, US
- Phone
- 9082196702
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Senior Citizens' Housing/Retirement Communities
Reported finances
- Revenue
- $49,571,543
- Expenses
- $56,425,080
- Assets
- $249,208,597
- Liabilities
- $285,555,750
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
30 people listed
Executive titles in this filing
- PATRICIA BROWN (CHAIR & PRESIDENT)
- BARBARA BISGAIER (VICE CHAIR & VICE PRESIDENT)
- CRAIG KARCZMER (EXECUTIVE DIRECTOR (THRU 10/3/24))
- TODD DELANEY (EXECUTIVE DIRECTOR (BEG 10/3/24))
Highest reported compensation
- SCOTT SAWICKI (ASSISTANT SECRETARY (BEG 4/1/24)): $344,732 total reported compensation
- TODD DELANEY (EXECUTIVE DIRECTOR (BEG 10/3/24)): $322,099 total reported compensation
- CRAIG KARCZMER (EXECUTIVE DIRECTOR (THRU 10/3/24)): $311,582 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To improve the lives of seniors and those who support them, both within our communities and beyond, through strong governance, financial oversight, exceptional people experiences, advocacy, and continued growth.
What it reported doing in 2024
Lantern hill provides services needed by senior residents, who reside in 430 independent living units, 42 assisted living units and 40 skilled nursing beds. The services we provide to our residents include, but are not limited to housing, food, medical, security and maintenance services, recreational and pastoral activities.
Operating model
- Revenue model
- Earned-program. 98% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
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 liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 93
- Transparency & Controls: 83
- Accountability: 83
- Sustainability: 37
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 98.1%; rating input score 98
- Program expense ratio: 86.3%; rating input score 86
- Fundraising efficiency: $124.35 raised per $1 spent on fundraising; rating input score 87; 87th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- 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: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 71.4%; rating input score 71; 12th 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: -13.8%; rating input score 7; 7th percentile among comparable filings
- Total-asset coverage ratio: 4.42; rating input score 83; 83rd percentile among comparable filings
- Liabilities to assets ratio: 1.15; rating input score 4; 4th percentile among comparable filings
- Officer compensation ratio: 2.6%; rating input score 72; 72nd percentile among comparable filings
Growth
- Program expense growth: 16% per year; rating input score 100; 85th percentile among comparable filings
- Revenue growth: 17.9% per year; rating input score 100; 90th percentile among comparable filings
- Asset growth: 9.7% per year; rating input score 100; 64th percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 98.1% of revenue deployed · 86.3% of spending went to programs
- Governance: 10 of 14 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $48.7M in reported program spending
- Leadership: top reported pay $345K · 30 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $8M reported
- Consistency: 35 of 35 current checks pass
- Schedules: 7 filed schedules · includes major donors, grants, and executive pay
- Filing history: 10 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 9 filed money-flow records
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Operating margin scored 7/100.
- High — Sustainability: Liabilities to assets ratio scored 4/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.