LINDEN PONDS INC

EIN: 141849849 501(c)(3) Housing & Shelter

HINGHAM, MA

Total Revenue
$79,055,863
Total Expenses
$81,759,531
Total Assets
$415,350,623
Net Assets
$-117,722,875
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
MD
Principal Officer
ZINA JACQUE
Phone
7815347000
Tax Period
2023-01-01 to 2023-12-31

LINDEN PONDS INC, founded in 2002, is a mid-sized nonprofit in the Housing & Shelter sector that reported $79.1M in total revenue in fiscal year 2023. Revenue surged 38% from the prior year, signaling strong growth momentum.

Mission

PROVIDE A HOME FOR SENIORS THAT SATISFIES THEIR THREE PRIMARY NEEDS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,364,578
Program Service Revenue $75,666,996
Investment Income $1,596,046
Other Revenue $428,243
TOTAL REVENUE $79,055,863

Expense Breakdown

Grants Paid $192,862
Salaries & Benefits $33,543,982
Fundraising Expenses $105,711
Program Expenses $70,076,229
Other Expenses $48,022,687
TOTAL EXPENSES $81,759,531

Year-over-Year Comparison

2023 2022 Change
Revenue $79,055,863 $57,465,680 +0.4%
Expenses $81,759,531 $77,237,185 +0.1%
Net Income $-2,703,668 $-19,771,505 -0.9%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
7
Employees
1004
Volunteers
887

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
10
$1,042,975
Total Directors
13
$1,340,000
Key Employees
1
$177,182
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ARNOLD SPEERT DIRECTOR (THRU 3/31/23) 0.10
Director
$0 $0 $22,500
BARBARA C BISGAIER VICE CHAIR & VICE PRESIDENT 0.10
Officer Director
$0 $0 $110,000
C JACKSON BAIN DIRECTOR (THRU 3/31/23) 0.10
Director
$0 $0 $22,500
EILEEN G ERSTAD TREASURER 0.10
Officer Director
$0 $0 $167,500
IAN BROWN DIRECTOR (BEG 4/1/23) 0.10
Director
$0 $0 $65,000
MARY D COLINS SECRETARY 0.10
Officer Director
$0 $0 $150,000
MICHAEL W ROSKIEWICZ DIRECTOR 0.10
Director
$0 $0 $110,000
MONTY C LEONARD DIRECTOR 0.10
Director
$0 $0 $87,500
PAMELA D PAULK DIRECTOR 0.10
Director
$0 $0 $87,500
PATRICIA M BROWN DIRECTOR 0.10
Director
$0 $0 $87,500
REV DR ZINA JACQUE CHAIR & PRESIDENT 0.70
Officer Director
$0 $0 $215,000
RUSSELL SHARP DIRECTOR (BEG 4/1/23) 0.10
Director
$0 $0 $65,000
STEPHANIE L REEL DIRECTOR 0.10
Director
$0 $0 $150,000
CHRIS RATHMANN ASSISTANT TREASURER 0.50
Officer
$0 $0 $0
JAMES CENTOLA EXECUTIVE DIRECTOR 40.00
Officer
$270,776 $9,528 $280,304
JOHN HALL ASSISTANT TREASURER 0.50
Officer
$0 $0 $0
MARK EMBLEY ASSISTANT TREASURER 0.50
Officer
$0 $0 $0
NEAL GANTERT ASSISTANT TREASURER 0.50
Officer
$0 $0 $0
MARIANNE ROCKETT DIRECTOR, FINANCE (BEG 2/6/23) 40.00
Officer
$120,085 $86 $120,171
DEBORAH BONARRIGO DIRECTOR, NURSING 40.00
Key Emp
$157,102 $20,080 $177,182
LORYJANE ZURITA LICENSED PRACTICAL NURSE 40.00
Highest
$131,600 $15,102 $146,702
POLINA ZHESTYANNIKOVA ASSISTANT DIRECTOR, NURSING 40.00
Highest
$130,944 $10,484 $141,428
MAUREEN BRENNAN HEALTH CARE COUNSELOR 40.00
Highest
$127,553 $18,192 $145,745
JULIE DIAB MANAGER, REHABILITATION 40.00
Highest
$128,832 $15,444 $144,276
ROSE JEANTY-DELMY LICENSED PRACTICAL NURSE 40.00
Highest
$132,124 $12,849 $144,973
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $79,055,863 $81,759,531 $415,350,623 $-2,703,668
2022 $57,465,680 $77,237,185 $392,694,003 $-19,771,505
2021 $68,847,923 $74,447,934 $366,102,829 $-5,600,011
2020 $65,453,708 $72,611,810 $365,450,032 $-7,158,102
2019 $64,698,716 $69,203,510 $363,720,383 $-4,504,794
2018 $59,166,255 $71,944,279 $356,718,042 $-12,778,024
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