Public Charity

LANTERN HILL INC

LANTERN HILL INC is a nonprofit organization categorized as Public Charity based in NEW PROVIDENCE, NJ. Its most recent IRS filing (2024) reports revenue of $49.6M, expenses of $56.4M, total assets of $249.2M. Imperigo tracks 2 reported grant relationships connected to this organization totaling approximately $20K.

EIN: 371742780 NEW PROVIDENCE, NJ Latest filing: 2024
Total Revenue$49.6M
Total Expenses$56.4M
Total Assets$249.2M
Grant Records2
Funding Total$20K
Filing Years2020–2024

Mission

MISSION STATEMENT - HOME IS BELONGING, PEACE OF MIND, LOVE AND ACCEPTANCE. WELCOME HOME!VISION STATEMENT - LANTERN HILL, INC. CELEBRATES AGING! GROUNDED IN INCLUSION, INNOVATION AND ADVOCACY, WE CREATE UNPARALLELED VALUE AND OPPORTUNITIES FOR EVERY LIFE WE TOUCH. AS PART OF THE NATIONAL SENIOR COMMUNITIES ENTERPRISE, WE LEVERAGE OUR STRONG FINANCIAL FOUNDATION AND GOVERNANCE FOR THE BENEFIT OF SENIORS AND THOSE WHO SUPPORT THEM.

Officers & Directors

VICE CHAIR & VICE PRESIDENT Barbara Bisgaier
SALES COUNSELOR Carlos Aguilera
ASSISTANT TREASURER (THRU 3/31/24) Chris Rathmann
EXECUTIVE DIRECTOR (THRU 10/3/24) Craig Karczmer
RESIDENT DIRECTOR (BEG 4/1/24) David Mollen
TREASURER Eileen Erstad

Officer compensation and complete director data available with membership.

Top Grant Purposes

FOR RECIPIENT'S EXEMPT PURPOSE
$20,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $49.6M $56.4M $249.2M
2023 $47.6M $48.6M $247.3M
2022 $54.0M $60.2M $474.2M
2021 $49.1M $54.2M $464.7M
2020 $45.7M $45.1M $430.3M

Between 2020 and 2024, reported annual revenue grew from $45.7M to $49.6M (+9%), with total assets most recently reported at $249.2M.

Interactive year-over-year charts and full filing details available with membership.

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