2025-11-12T08:20:57-06:00 2024-12-31 263753134 CBIZ ADVISORS LLC 53 STATE STREET 17TH FLOOR BOSTON MA 02109 990 2024-01-01 042706070 LOOMIS COMMUNITIES INC LOOM 4135325325 246 NORTH MAIN STREET SOUTH HADLEY MA 01075 MICHAEL JARRY CHIEF FINANCIAL OFFICER 4135325325 2025-11-11 1 1 BRENDA L BOOTH P01342395 6178075000 2025-11-11 2024 2025-03-06 01:10:19Z MARGARET R MANTONI 246 NORTH MAIN STREET SOUTH HADLEY MA 01075 23077353 0 X WWW.LOOMISCOMMUNITIES.ORG X 1983 MA TO PROVIDE INDEPENDENT AND ASSISTED LIVING TO SENIORS. 15 15 303 19 0 0 116408 281627 18248823 19866230 1554460 2613785 298325 315711 20218016 23077353 0 0 0 0 7833756 8523102 0 0 146821 9976875 10401054 17810631 18924156 2407385 4153197 108214705 124386013 101405714 107717255 6808991 16668758 X THE MISSION OF THE LOOMIS COMMUNITIES IS TO OPEN THE DOOR OF POSITIVE AGING OF OLDER ADULTS BY PROVIDING A CONTINUUM OF HIGH QUALITY SERVICES WHICH PROMOTES INDEPENDENCE AND MEETS THE CHANGING NEEDS OF PEOPLE THROUGHOUT THE AGING PROCESS. 0 0 7390855 9450386 LOOMIS VILLAGE PROVIDES INDEPENDENT AND ASSISTED LIVING HOUSING FOR THE ELDERLY. THE RETIREMENT COMMUNITY CONSISTS OF 38 COTTAGE-STYLE VILLA UNITS, 96 INDEPENDENT LIVING UNITS AND 24 ASSISTED LIVING UNITS. 4988692 6703177 APPLEWOOD PROVIDES HOUSING, HEALTH CARE, AND OTHER RELATED SERVICES THROUGH THE OPERATIONS OF A LIFE CARE RETIREMENT FACILITY CONSISTING OF 103 INDEPENDENT LIVING UNITS. 750625 3564124 LOOMIS CORPORATE MANAGEMENT PROVIDES MANAGERIAL AND ADMINISTRATIVE SERVICES TO RELATED ENTITIES. 616439 448654 LOOMIS HOUSE RETIREMENT COMMUNITY HOLDS CERTAIN ASSETS AND OBLIGATIONS ASSOCIATED WITH THE PREVIOUSLY OPERATED RETIREMENT COMMUNITY. LOOMIS HOUSE AND COMMUNITY BASED SERVICES OPERATES AS A DIVISION OF LOOMIS COMMUNITIES, DELIVERING AN ARRAY OF PERSONAL SUPPORT SERVICES WHEREVER THEY CALL HOME. 616439 448654 13746611 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 66 0 1 303 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X MICHAEL JARRY 4135325325 246 NORTH MAIN STREET SOUTH HADLEY MA 01075 DEBORAH BUCKLEY DIRECTOR, CHAIR 2.00 4.00 X X 0 0 0 DEBRA SNOW DIRECTOR, VICE CHAIR 2.00 4.00 X X 0 0 0 SANFORD BELDEN DIRECTOR 1.00 2.00 X 0 0 0 JESSICA BODON DIRECTOR (UNTIL 6/1/24) 1.00 2.00 X 0 0 0 KATHLEEN BOWLER DIRECTOR (UNTIL 5/22/24) 1.00 2.00 X 0 0 0 PAUL BREEN DIRECTOR 1.00 2.00 X 0 0 0 SEUNGHEE CHA DIRECTOR 1.00 2.00 X 0 0 0 STEPHEN CORRIGAN DIRECTOR 1.00 2.00 X 0 0 0 PATRICIA CRUTCHFIELD DIRECTOR 1.00 2.00 X 0 0 0 FLETCHER DAVIS DIRECTOR (UNTIL 5/22/24) 1.00 2.00 X 0 0 0 JEFFREY HAYDEN DIRECTOR 1.00 2.00 X 0 0 0 ERIK KJELDSEN DIRECTOR 1.00 2.00 X 0 0 0 PAUL LAMBERT CHAIR (UNTIL 5/22/24)/DIRECTOR 1.00 2.00 X X 0 0 0 SARA LAWRENCE DIRECTOR 1.00 2.00 X 0 0 0 THOMAS PRATT DIRECTOR 1.00 2.00 X 0 0 0 RUTH PURTILO DIRECTOR 1.00 2.00 X 0 0 0 MAX WINTERS DIRECTOR 1.00 2.00 X 0 0 0 HEATHER ZOELLER DIRECTOR 1.00 2.00 X 0 0 0 MARGARET R MANTONI PRESIDENT & CEO 30.00 20.00 X 318550 0 25647 CARLY CAVANAUGH CFO/TREAS/ASST CLERK (UNTIL 8/24/24) 30.00 20.00 X 131198 0 9665 MICHAEL JARRY CFO & TREASURER/ASSISTANT CLERK 30.00 20.00 X 54077 0 1535 PETER CONNOR CLERK 2.00 4.00 X 0 0 0 BARRY WAITE HR DIRECTOR 30.00 10.00 X 158087 0 1990 KRISTEN LAMOUREX EXECUTIVE DIRECTOR 40.00 0.00 X 128080 0 18579 MAUREEN O'TOOLE EXECUTIVE DIRECTOR 40.00 0.00 X 176178 0 12831 JOSEPH PAUL IT DIRECTOR 20.00 20.00 X 122293 0 16397 LOUIS IANNUCCILLI EXECUTIVE DIRECTOR 40.00 0.00 X 136895 0 25170 1225358 0 111814 8 0 1 0 SODEXO & AFFILIATES PO BOX 360170 PITTSBURGH PA 152516170 FOOD SERVICE 654675 MOUNTAINVIEW LANDSCAPES AND LAWNCARE IN 67 OLD LYMAN ROAD CHICOPEE MA 01020 LANDSCAPING SERVICES 538635 GORDON FOOD SERVICE INC PO BOX 2992 1300 GEZON PARKWAY SW GRAND RAPIDS MI 49501 FOOD SERVICE 330158 TSOMIDES ASSOCIATES ARCHITECH PLANNERS 289 ELIOT STREET NEWTON UPPER FALLS MA 02164 ARCHITECT 270967 MERCIER CARPET 1343 RIVERDALE STREET WEST SPRINGFIELD MA 01089 CONTRACTOR 238083 12 281627 281627 RESIDENT SERVICES 623000 14103033 14103033 MANAGEMENT FEES 561000 3555400 3555400 AMORTIZATION OF ENTRANCE FEES 623990 1570881 1570881 HEALTH CARE SERVICES 623000 636916 636916 19866230 1468276 1468276 15600 0 15600 15600 15600 1145509 0 1145509 1145509 1145509 MEALS PLAN REVENUE 900099 87248 87248 ROOM REVENUE 900099 61940 61940 OTHER RESIDENT SERVICES 900099 54045 54045 96878 96878 300111 23077353 20166341 0 2629385 540672 540672 6776331 4946647 1777648 52036 69919 34010 34748 1161 547467 361249 177020 9198 588713 400580 184482 3651 39930 39930 71798 71798 49512 49512 1686565 355557 1272373 58635 726106 338516 387590 46233 31426 9128 5679 135689 17830 117139 720 1370103 1348315 21788 19385 2904 16408 73 688687 688687 2737088 2704908 32180 426148 400940 25159 49 SUPPLIES & EQUIPMENT 1373692 1273073 100341 278 REPAIRS & MAINTENANCE 839864 752588 84891 2385 MEDICAL EXPENSES 46876 46876 143378 42505 87917 12956 18924156 13746611 5030724 146821 5209820 8607984 904005 1098360 227187 214534 85324695 46892126 32559003 38432569 32636038 37572726 36678652 38459840 108214705 124386013 3156325 2712341 60270791 64130800 20355634 19272239 17622964 21601875 101405714 107717255 X 1640956 11123504 5168035 5545254 6808991 16668758 108214705 124386013 X 4153197 1865107 3841463 X 0 1 X 1 0 X 141851 1339746 145868 116408 281627 2025500 16676235 16568206 18072181 18530348 20166341 90013311 16818086 17907952 18218049 18646756 20447968 92038811 0 0 0 92038811 430211 434394 644035 1568487 1483876 4561003 430211 434394 644035 1568487 1483876 4561003 17248297 18342346 18862084 20215243 21931844 96599814 0.95280 0.95900 0.04720 0.04100 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 803 803 0 PART II-B, LINE 1: LOOMIS COMMUNITIES, INC. PAYS MEMBERSHIP FEES TO ASSOCIATIONS WHERE SOME OF THE WORK DONE BY THE ASSOCIATIONS IS CONSIDERED LOBBYING. 17852929 2092705 114695 19830939 15826547 2146768 120386 17852929 17776845 -1863813 86485 15826547 16163026 1690894 77075 17776845 14107232 2118680 62886 16163026 0.81600 0.18400 0.00000 0 1 0 2472612 2472612 76402952 43053110 33349842 2172412 1181413 990999 3382554 2385048 997506 894165 272555 621610 38432569 ASSET LIMITED AS TO USE 7954827 BENEFICIAL INTEREST IN PERPETUAL TRUSTS 1363296 INTERCOMPANY RECEIVABLES 29141717 38459840 LIABILITY UNDER CHARITABLE GIFT ANNUITIES 34849 REFUNDABLE DEPOSITS 852300 INTERCOMPANY PAYABLES 20714726 21601875 X 28734411 1865107 3841463 5706570 23027841 49512 49512 23077353 18874644 0 18874644 49512 49512 18924156 PART V, LINE 4: THE INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUNDS IS TO PROVIDE FINANCIAL SUPPORT TO RESIDENTS IN NEED OF ASSISTANCE, TO PROVIDE FUNDS FOR CAPITAL IMPROVEMENTS TO THE FACILITIES, AND TO OFFSET LOSSES IN PROGRAMS. PART X, LINE 2: THE COMMUNITIES ACCOUNT FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. THE COMMUNITIES HAVE IDENTIFIED THEIR TAX STATUS AS TAX-EXEMPT ENTITIES AND THEIR DETERMINATION AS TO THEIR INCOME BEING RELATED OR UNRELATED AS THEIR ONLY SIGNIFICANT TAX POSITIONS; HOWEVER, THE COMMUNITIES HAVE DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE COMMUNITIES ARE NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTIONS. THE COMMUNITIES' FEDERAL AND STATE TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS FOLLOWING THE DATE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 6,235. CHANGE IN VALUE IN INTEREST IN BENEFICIAL PERPETUAL TRUSTS 146,358. NET ASSET TRANSFER FROM LOOMIS HOUSE, INC. 3,688,870. X X X 0 0 0 0 0 0 0 1 0 MARGARET R MANTONI PRESIDENT & CEO 279962 0 37796 0 792 0 7060 0 18587 0 344197 0 0 0 MAUREEN O'TOOLE EXECUTIVE DIRECTOR 163553 0 12304 0 321 0 4769 0 8062 0 189009 0 0 0 LOUIS IANNUCCILLI EXECUTIVE DIRECTOR 128498 0 7948 0 449 0 0 0 25170 0 162065 0 0 0 BARRY WAITE HR DIRECTOR 157571 0 0 0 516 0 1580 0 410 0 160077 0 0 0 PART I, LINE 7 THE BONUS COMPENSATION FOR SENIOR LEADERSHIP IS DECIDED BY THE BOARD OF DIRECTORS ON AN ANNUAL BASIS AND IS BASED ON A VARIETY OF FACTORS. A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY - SERIES 2021 043431814 000000000 2021-12-01 6005000 FINANCING AND REFINANCING OF GENERAL CAPITAL IMPROVEMENTS 0 0 0 B MASSACHUSETTS DEVELOPMENT FINANCE AGENCY - SERIES 2022 043431814 000000000 2022-10-01 13755000 FINANCING AND REFINANCING OF GENERAL CAPITAL IMPROVEMENTS TO FACILITIES 0 0 0 A 6708953 444200 291638 5973115 1 0 1 1 B 17561148 840975 394676 4219443 12106054 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 1 0 0 0 1 B 0 0 0 1 1 0 0 0 1 A 1 B 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: MASSACHUSETTS DEVELOPMENT FINANCE AGENCY - SERIES 2021 DATE THE REBATE COMPUTATION WAS PERFORMED: 01/01/2023 ISSUER NAME: MASSACHUSETTS DEVELOPMENT FINANCE AGENCY - SERIES 2022 DATE THE REBATE COMPUTATION WAS PERFORMED: 01/01/2023 SCHEDULE K SUPPLENTAL INFORMATION PER IRS INSTRUCTIONS: IF THE ORGANIZATION HAS ONE OR MORE RELATED ORGANIZATIONS (FOR EXAMPLE, PARENT AND SUBSIDIARY RELATIONSHIP), IT MUST COMPLETE SCHEDULE K (FORM 990) CONSISTENT WITH THE FILING(S) OF ITS RELATED ORGANIZATION(S). THE SAME LIABILITY SHOULD NOT BE REPORTED BY MORE THAN ONE OF THE RELATED ORGANIZATIONS. FOR EXAMPLE, IF A PARENT ORGANIZATION ISSUES A TAX-EXEMPT BOND AND LOANS OR ALLOCATES THAT ISSUE TO A SUBSIDIARY ORGANIZATION, ONLY ONE ORGANIZATION (EITHER THE PARENT OR SUBSIDIARY) SHOULD REPORT THE LIABILITY ON FORM 990 AND THE SCHEDULE K. SIMILARLY, IF A PARENT ORGANIZATION LOANS OR ALLOCATES THE PROCEEDS OF A TAX-EXEMPT BOND ISSUE TO A GROUP OF SUBSIDIARY ORGANIZATIONS, ONLY ONE LEVEL (EITHER THE PARENT OR THE GROUP OF SUBSIDIARIES) SHOULD REPORT THE LIABILITY ON FORM 990 AND THE SCHEDULE K. LOOMIS COMMUNITIES, INC. (PARENT) HAS ELECTED TO RECORD THE TAX EXEMPT BOND ON ITS SCHEDULE K. MOUNTAIN VIEW LANDSCAPES INC BOARD MEMBER IS PRESIDENT OF COMPANY 538635 LANDSCAPING SERVICES PROVIDED AT ARMS LENGTH. 0 FORM 990, PART VI, SECTION A, LINE 6 THERE ARE 50 MEMBERS OF THE CORPORATION, KNOWN AS CORPORATORS (PER THE BYLAWS, THERE IS NO LIMIT TO THE POTENTIAL NUMBER OF CORPORATORS). FORM 990, PART VI, SECTION A, LINE 7A THE CORPORATORS ELECT THE BOARD OF DIRECTORS AT THE ANNUAL MEETING OF THE CORPORATION EACH MAY. THERE ARE 18 MEMBERS OF THE BOARD OF DIRECTORS (PER THE BYLAWS, THERE MAY BE BETWEEN 5 AND 20 BOARD MEMBERS). FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF DIRECTORS HAVE DECISION-MAKING AND VOTING AUTHORITY ON ISSUES INCLUDING BUT NOT LIMITED TO THE FOLLOWING: HIRING OR TERMINATING THE CEO; ESTABLISHING SALARY AND BENEFITS FOR THE CEO; APPROVING OPERATING AND CAPITAL BUDGETS AND EXPENDITURES; ENGAGING AN INDEPENDENT AUDITOR TO CONDUCT AN ANNUAL AUDIT; REVIEWING AND APPROVING THE AUDIT; ESTABLISHING, REVIEWING, AND APPROVING POLICIES; ESTABLISHING AND APPROVING STRATEGIC PLANS; AND CONDUCTING ALL OTHER BUSINESS AS IS DEEMED APPROPRIATE FOR THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE COMPLETED FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS BEFORE FILING. ANY PERTINENT COMMENTS OR RECOMMENDATIONS ARE PRESENTED BY THOSE COMMITTEES TO THE FULL BOARD. EACH MEMBER OF THE BOARD RECEIVES A COPY OF THE FORM 990; AND IT IS POSTED ON THE ORGANIZATION'S WEB SITE FOR ACCESS BY MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C IN MAY OF EACH YEAR, FOLLOWING THE ANNUAL MEETING, EACH MEMBER OF THE BOARD OF DIRECTORS RECEIVES A COPY OF THE CONFLICT OF INTEREST POLICY, AND A FORM ON WHICH TO INDICATE ANY KNOWN OR POTENTIAL CONFLICTS OR DUALITIES OF INTEREST. BOARD MEMBERS ARE ASKED TO SIGN THE POLICY, AND TO COMPLETE THE FORM REQUESTING ANY CONFLICTS OR DUALITIES. AT THE BOARD OF DIRECTORS MEETING IN JUNE OF EACH YEAR, EACH BOARD MEMBER RECEIVES A COPY OF EVERY OTHER BOARD MEMBER'S SIGNED FORMS; IF THERE ARE ANY CONFLICTS OR DUALITIES, THEY ARE DISCLOSED TO THE FULL BOARD. IF THERE IS A BOARD MEMBER WITH A CONFLICT RELATED TO A PARTICULAR DISCUSSION OR VOTE, THAT BOARD MEMBER EXCUSES HIM OR HERSELF FROM THE MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS CONDUCTS AN ANNUAL REVIEW OF THE CEO, BOTH FOR PERFORMANCE AND FOR COMPENSATION. THE CEO SUBMITS A SELF-EVALUATION AND REPORTS ON ACHIEVEMENT OF GOALS ESTABLISHED FOR THE PRIOR YEAR; ALL BOARD MEMBERS PROVIDE FEEDBACK. THE COMPENSATION COMMITTEE CONDUCTS A REVIEW OF SALARIES AND BENEFITS FOR POSITIONS COMPARABLE TO THE CEO. SOURCES FOR THE INFORMATION INCLUDE, BUT ARE NOT LIMITED TO: WAGE SURVEYS FROM THE ORGANIZATION'S STATE AND NATIONAL MEMBERSHIP ORGANIZATIONS; LOCAL EMPLOYERS' ASSOCIATION WAGE SURVEYS; PRIVATE WAGE SURVEYS FROM CONSULTANTS AND COLLEAGUES; WAGES AS REPORTED ON OTHER ORGANIZATIONS' FORM 990S; INFORMATION FROM INDEPENDENT AUDITOR. THE COMPENSATION COMMITTEE PRESENTS ITS RECOMMENDATION FOR CEO SALARY AND BENEFITS TO THE FULL BOARD FOR DISCUSSION AND VOTE. THE CEO PRESENTS ANNUALLY TO THE FULL BOARD OF DIRECTORS A SPREADSHEET WITH THE CURRENT SALARIES AND BENEFITS OF EACH MEMBER OF SENIOR MANAGEMENT: CFO, DIRECTOR OF HUMAN SERVICES, DIRECTOR OF DEVELOPMENT, AND THE EXECUTIVE DIRECTORS OF THE ORGANIZATIONS, ALONG WITH RECOMMENDATIONS FOR ANY CHANGES IN SALARIES AND BENEFITS. COMPARABLE SALARIES FOR THESE POSITIONS ARE INCLUDED, OBTAINED FROM INFORMATION AS DESCRIBED ABOVE. THE FULL BOARD OF DIRECTORS VOTES TO APPROVE THESE SALARIES AND BENEFITS. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS, FORM 990, CONFLICT OF INTEREST POLICY, GOVERNANCE POLICIES AND PROCEDURES AND OTHER APPROPRIATE GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). IN ADDITION, THE ORGANIZATION'S FORM 990 IS AVAILABLE VIA GUIDESTAR AND THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST-AGREEMENT 6,235. CHANGE IN VALUE IN INTEREST IN BENEFICIAL PERPETUAL TRUSTS 146,358. NET ASSET TRANSFER FROM LOOMIS HOUSE, INC. 3,688,870. LOOMIS HOUSE INC 246 NORTH MAIN STREET SOUTH HADLEY MA 01075 042108366 NURSING HOME MA 501(C)(3) LINE 10 N/A 0 LOOMIS SENIOR LIVING INC 807 WILBRAHAM ROAD SPRINGFIELD MA 01109 043314106 INDEPENDENT & ASSISTED LIVING FACILITIES MA 501(C)(3) LINE 10 N/A 0 PERPETUAL TRUSTS (2) TRUST MA LOOMIS COMMUNITIES INC 1 0 0 0 1 1 0 0 0 0 0 0 1 1 0 1 0 0 1 1