LYNN SHELTER ASSOCIATION INC

EIN: 222603594 501(c)(3) Housing & Shelter

LYNN, MA

Total Revenue
$7,323,964
Total Expenses
$7,348,266
Total Assets
$10,087,848
Net Assets
$3,419,499
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
MA
Principal Officer
MARK EVANS
Phone
7815810739
Tax Period
2023-07-01 to 2024-06-30

LYNN SHELTER ASSOCIATION INC, founded in 1984, is a community nonprofit in the Housing & Shelter sector that reported $7.3M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

PROVIDES PERMANENT, TRANSITIONAL HOUSING AND EMERGENCY SHELTERING TO HOMELESS INDIVIDUALS AND FAMILIES IN THE GREATER LYNN AREA.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,881,111
Program Service Revenue $171,000
Investment Income $2,001
Other Revenue $269,852
TOTAL REVENUE $7,323,964

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,227,118
Fundraising Expenses $258,824
Program Expenses $5,674,385
Other Expenses $2,953,012
TOTAL EXPENSES $7,348,266

Year-over-Year Comparison

2023 2022 Change
Revenue $7,323,964 $6,291,533 +0.2%
Expenses $7,348,266 $6,025,890 +0.2%
Net Income $-24,302 $265,643 -1.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
11
Independent Members
11
Employees
100
Volunteers
38

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
6
$392,925
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WALTER GUPTILL CLERK 1.00
Officer Director
$0 $0 $0
DAYLE PERSONS DIRECTOR 1.00
Director
$0 $0 $0
DOMINIC FERRARI DIRECTOR 1.00
Director
$0 $0 $0
FRANCIS MANCINI DIRECTOR 1.00
Director
$0 $0 $0
SHEILA BYRD VICE PRESIDENT (ACTING PRESIDENT BEGINNING MAY 202 1.00
Officer Director
$0 $0 $0
MICHAEL TARMEY DIRECTOR 1.00
Director
$0 $0 $0
J MICHAEL ANDERSON DIRECTOR 1.00
Director
$0 $0 $0
FRANK NITKIEWICZ TREASURER 2.00
Officer Director
$0 $0 $0
JOSHUA C JUDKINS DIRECTOR 1.00
Director
$0 $0 $0
REV CLYDE ELLEDGE PRESIDENT (THROUGH MAY 2024) 1.00
Officer Director
$0 $0 $0
TOMMI HILL DIRECTOR 1.00
Director
$0 $0 $0
TOM CORNU DIRECTOR 1.00
Director
$0 $0 $0
MARK EVANS EXECUTIVE DIRECTOR 35.00
Officer
$219,543 $10,270 $229,813
NAT FRANKE CHIEF FINANCIAL OFFICER 35.00
Officer
$161,689 $1,423 $163,112
RUSSELL POULIN DIRECTOR OF OPERATIONS 35.00
Highest
$118,651 $11,401 $130,052
CARALI GONZALEZ DIRECTOR OF HUMAN RESOURCES 35.00
Highest
$110,480 $212 $110,692
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
2025 No data No data No data No data
2024 $7,323,964 $7,348,266 $10,087,848 $-24,302
2023 $6,291,533 $6,025,890 $9,940,798 $265,643
2022 $6,474,918 $5,616,161 $3,707,403 $858,757
2021 $6,433,551 $5,624,115 $3,588,906 $809,436
2019 $5,187,053 $4,859,504 $2,172,359 $327,549
2018 $4,884,289 $4,800,541 $1,537,077 $83,748
Explore More Nonprofits
→Top 100 Nonprofits in Massachusetts →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare LYNN SHELTER ASSOCIATION INC with other nonprofits in Massachusetts and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.