Skip to content
Nonprofiteer
← 2LIFE COMMUNITIES INC

Form 990 for tax year 2023

Filed by 2LIFE COMMUNITIES INC.

Totals

Total revenue
$10,109,516
Total expenses
$15,976,653
Contributions and grants received
$6,759,325
Grants paid
$0
Program service revenue
$2,451,770
Investment income
$898,421
Other revenue
$0
Total assets, end of year
$42,561,747
Total liabilities, end of year
$3,058,582
Net assets or fund balances, end of year
$39,503,165
Program services expenses (Part IX)
$14,566,730
Management and general expenses
$1,409,923
Fundraising expenses
$0
Program service expenses (Part III)
$14,566,730

Program services were 91.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $6,759,325

  • 2a · Program service revenue: INCENTIVE MANAGEMENT

    total $2,372,170 · related or exempt $2,372,170

  • 2b · Program service revenue: REIMBURSEMENT REVENUE

    total $79,600 · related or exempt $79,600

  • 3 · Investment income

    total $703,138 · excluded $703,138

  • 7a · Gross sales of assets other than inventory

    securities $14,986,025

  • 7b · Less cost or other basis and sales expenses

    securities $14,790,742

  • 7c · Gain or loss

    securities $195,283

  • 7d · Net gain or loss

    total $195,283 · excluded $195,283

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $2,171,654 · program services $2,171,654

  • 9 · Other employee benefits

    total $575,052 · program services $573,052 · management and general $2,000

  • 10 · Payroll taxes

    total $204,843 · program services $204,843

  • 11b · Fees: legal

    total $12,863 · management and general $12,863

  • 11c · Fees: accounting

    total $54,650 · management and general $54,650

  • 12 · Advertising and promotion

    total $524,245 · management and general $524,245

  • 13 · Office expenses

    total $21,167 · management and general $21,167

  • 17 · Travel

    total $7,070 · management and general $7,070

  • 19 · Conferences, conventions and meetings

    total $44,823 · management and general $44,823

  • 21 · Payments to affiliates

    total $10,682,670 · program services $10,682,670

  • 24a · Other expenses: MANAGEMENT CONSULTANTS

    total $430,267 · management and general $430,267

  • 24b · Other expenses: MISC FINANCIAL EXPENSES

    total $209,179 · program services $209,179

  • 24c · Other expenses: STAFF DEVELOPMENT

    total $130,032 · management and general $130,032

  • 24d · Other expenses: PROGRAM AND EVENTS

    total $33,240 · program services $33,240

  • 24e · All other expenses

    total $874,898 · program services $692,092 · management and general $182,806

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $178,591 · end of year $432,732

  • 2 · Savings and temporary cash investments

    beginning of year $3,287 · end of year $3,287

  • 4 · Accounts receivable

    beginning of year $973,569 · end of year $203,242

  • 7 · Other notes and loans receivable

    beginning of year $3,400,000 · end of year $7,790,000

  • 11 · Investments: publicly traded securities

    beginning of year $37,149,046 · end of year $28,566,729

  • 15 · Other assets

    beginning of year $793,474 · end of year $5,565,757

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,003,276 · end of year $1,430,656

  • 24 · Unsecured notes and loans payable

    beginning of year $25,000 · end of year $1,268,000

  • 25 · Other liabilities

    beginning of year $0 · end of year $359,926

  • 27 · Net assets without donor restrictions

    beginning of year $41,282,615 · end of year $39,387,616

  • 28 · Net assets with donor restrictions

    beginning of year $187,076 · end of year $115,549

Mission and programs · 2023

Mission

2LIFE BUILDS & OPERATES HOUSING FOR LOW INCOME SENIORS & OFFERS SERVICES TO ENHANCE INDEPENDENCE AND DIGNITY. INSPIRED BY JEWISH VALUES, 2LIFE COMMUNITIES ARE NONSECTARIAN.

Activities or mission (Part I)

SEE SCHEDULE O.

  • THE ORGANIZATION IS OPERATED FOR THE BENEFIT OF AFFILIATED 501(C)(3) ORGANIZATIONS AND IS THE ASSET MANAGER FOR SENIOR HOUSING PROJECTS SPONSORED AND OPERATED BY THE ORGANIZATION AND OTHER NONPROFIT ENTITIES AFFILIATED WITH 2LIFE COMMUNITIES.

    Expenses $14,566,730 · Revenue $2,451,770

As filed on the 2023 return.

Listed in Part VII

  • Adam Scott

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Barry Shrage

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Bernie Kaplan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • Bill Shaevel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • David Trietsch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David Zaltas

    CLERK AND DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Don Bloch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Donna Kalikow

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 6 related
  • Harold Stahler

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Harold Tubman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Harvey Greenberg

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Howard Furman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jason Korb

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jeff Sacks

    CHAIR AND DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 7 related
  • Laura Efron

    VICE CHAIR AND DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lynne Elfland

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Merle Grandberg

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Michael Alperin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Noah Maslan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Norman Posner

    TREASURER/DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • Rick Levin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Rob Gifford

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 3 related
  • Stacy Goodman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Wendy Kraft

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Amy Schectman

    CEO

    Total calculated
    $315,748
    From this org
    $0
    From related orgs
    $302,225
    Other
    $13,523
    Hours/week
    15 + 25 related

    Schedule J breakdown matched by us

    Base
    $0 + $246,229 related
    Bonus
    $0 + $25,000 related
    Other
    $0 + $30,996 related
    Deferred
    $0 + $13,523 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $315,748 related
  • Henry Korman

    FORMER GENERAL COUNCIL / ASSISTANT CLERK

    Total calculated
    $0
    Hours/week
    10 + 30 related
  • Karen Edlund

    ASSISTANT TREASURER/CHIEF OF BUSINESS STRATEGY

    Total calculated
    $233,520
    From this org
    $0
    From related orgs
    $207,373
    Other
    $26,147
    Hours/week
    10 + 30 related

    Schedule J breakdown matched by us

    Base
    $0 + $191,050 related
    Bonus
    $0 + $7,500 related
    Other
    $0 + $8,823 related
    Deferred
    $0 + $10,148 related
    Nontaxable benefits
    $0 + $15,999 related
    Filer's total
    $0 + $233,520 related
  • Lizbeth Heyer

    VICE PRESIDENT

    Total calculated
    $264,670
    From this org
    $0
    From related orgs
    $218,424
    Other
    $46,246
    Hours/week
    5 + 30 related

    Schedule J breakdown matched by us

    Base
    $0 + $210,286 related
    Bonus
    $0
    Other
    $0 + $8,138 related
    Deferred
    $0 + $11,014 related
    Nontaxable benefits
    $0 + $35,232 related
    Filer's total
    $0 + $264,670 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • 2LIFE COMMUNITIES SERVICES INC

    501(C)(3) · LOW INC HSNG · MA · controlled entity

    Directly controlled by 2LIFE COMMUNITIES INC

  • 2LIFE REALTY INC

    501(C)(3) · LOW INC HSNG · MA · controlled entity

    Directly controlled by 2LIFE COMMUNITIES INC

  • 2LIFE DEVELOPMENT INC

    501(C)(3) · LOW INC HSNG · MA · controlled entity

    Directly controlled by 2LIFE COMMUNITIES INC

  • 2LIFE PARTNERS INC

    501(C)(3) · LOW INC HSNG · MA · controlled entity

    Directly controlled by 2LIFE COMMUNITIES INC

  • FRIENDS OF 2LIFE COMMUNITIES INC

    501(C)(3) · LOW INC HSNG · MA · controlled entity

    Directly controlled by 2LIFE COMMUNITIES INC

  • 2LIFE OPUS NEWTON INC

    501(C)(3) · LOW INC HSNG · MA · controlled entity

    Directly controlled by 2LIFE OPUS INC

  • 2LIFE OPUS INC

    501(C)(3) · LOW INC HSNG · MA · controlled entity

    Directly controlled by 2LIFE COMMUNITIES INC

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • 2LIFE BROOKHOUSE LLC

    LOW-INCOME HOUSING · MA · income $0 · assets $0

    Directly controlled by 2LIFE COMMUNITIES INC

  • 2LIFE BROOKHOUSE MM LLC

    LOW-INCOME HOUSING · MA · income $0 · assets $0

    Directly controlled by 2LIFE COMMUNITIES INC

  • 2LIFE COLEMAN GP LLC

    LOW-INCOME HOUSING · MA · income $0 · assets $0

    Directly controlled by 2LIFE COMMUNITIES INC

  • 2LIFE OPUS NEWTON LLC

    LOW-INCOME HOUSING · MA · income -$684,147 · assets $51,218,425

    Directly controlled by 2LIFE COMMUNITIES INC

  • 2LIFE KURLAT MM LLC

    LOW-INCOME HOUSING · MA · income $0 · assets $0

    Directly controlled by 2LIFE COMMUNITIES INC

  • 2LIFE JJ CARROLL MM LLC

    LOW-INCOME HOUSING · MA · income $0 · assets $0

    Directly controlled by 2LIFE COMMUNITIES INC

  • 2LIFE HOLDINGS LLC

    LOW-INCOME HOUSING · MA · income $0 · assets $0

    Directly controlled by 2LIFE COMMUNITIES INC

  • 2LIFE LEVENTHAL LLC

    LOW-INCOME HOUSING · MA · income $0 · assets $0

    Directly controlled by 2LIFE COMMUNITIES INC

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • 2LIFE GOLDA LIMITED PARTNERSHIP

    RELATED · LOW INCOME HS · MA · 1% owned · share of income -$108 · share of assets -$864 · general or managing partner

    Directly controlled by 2LIFE GOLDA GP LLC

  • 2LIFE KURLAT LLC

    RELATED · LOW INCOME HS · MA · 1% owned · share of income $573,563 · general or managing partner

    Directly controlled by 2LIFE PARTNERS INC

  • 2LIFE LEVENTHAL LIMITED PARTNERSHIP

    RELATED · LOW INCOME HS · MA · 1% owned · share of income $96,518 · share of assets $217,232 · general or managing partner

    Directly controlled by 2LIFE LEVENTHAL INC

  • 2LIFE SHILLMAN LIMITED PARTNERSHIP

    RELATED · LOW INCOME HS · MA · 1% owned · share of income -$69 · share of assets -$1,370 · general or managing partner

    Directly controlled by 2LIFE SHILLMAN INC

  • 2LIFE ULIN LIMITED PARTNERSHIP

    RELATED · LOW INCOME HS · MA · 100% owned · share of income $31,047 · share of assets -$182,245 · general or managing partner

    Directly controlled by 2LIFE ULIN INC

  • 2LIFE WEINBERG LLC

    RELATED · LOW INCOME HS · MA · 1% owned · share of income -$65 · share of assets $1,188,732 · general or managing partner

    Directly controlled by 2LIFE WEINBERG MM LLC

  • 2LIFE 370 HARVARD LLC

    RELATED · LOW INCOME HS · MA · 0.9% owned · general or managing partner

    Directly controlled by 2LIFE 370 HARVARD MM LLC

  • 2LIFE GOLDA EXPANSION LIMITED

    RELATED · LOW INCOME HS · MA · 1% owned · share of income $29,835 · general or managing partner

    Directly controlled by 2LIFE GOLDA EXPANSION GP LLC

  • SHIRLEY COMMONS LLC

    RELATED · LOW INCOME HS · MA · 0.9% owned · share of income -$69 · share of assets -$183 · general or managing partner

    Directly controlled by SHIRLEY COMMONS MM LLC

  • 2LIFE JJ CARROLL LLC

    RELATED · LOW INCOME HS · MA · 1% owned · general or managing partner

    Directly controlled by 2LIFE COMMUNITIES INC

  • 2LIFE LELAND MM LLC

    RELATED · LOW INCOME HS · MA · 21% owned · general or managing partner

    Directly controlled by 2LIFE COMMUNITIES INC

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • 2LIFE GOLDA GP LLC

    C · LOW INCOME HS · MA · 45% owned · share of assets $5,870,270

    Directly controlled by 2LIFE COMMUNITIES INC

  • 2LIFE LEVENTHAL INC

    C · LOW INCOME HS · MA · 100% owned · share of income $82,649 · share of assets $3,996,554

    Directly controlled by 2LIFE LEVENTHAL LLC

  • 2LIFE SHILLMAN INC

    C · LOW INCOME HS · MA · 21% owned · share of income -$9,775 · share of assets $2,248,353

    Directly controlled by 2LIFE COMMUNITIES INC

  • 2LIFE ULIN INC

    C · LOW INCOME HS · MA · 100% owned · share of income $27,291 · share of assets $807,500

    Directly controlled by 2LIFE PARTNERS INC

  • 2LIFE WEINBERG MM LLC

    C · LOW INCOME HS · MA · 100% owned · share of assets $1,509,742

    Directly controlled by 2LIFE PARTNERS INC

  • 2LIFE 370 HARVARD MM LLC

    C · LOW INCOME HS · MA · 21% owned · share of income -$3,756 · share of assets $586,734

    Directly controlled by 2LIFE COMMUNITIES INC

  • SHIRLEY COMMONS MM LLC

    C · LOW INCOME HS · MA · 21% owned · share of income -$3,825 · share of assets $54,376

    Directly controlled by 2LIFE COMMUNITIES INC

  • 2LIFE GOLDA EXPANSION GP LLC

    C · LOW INCOME HS · MA · 21% owned · share of assets $10,511,133

    Directly controlled by 2LIFE COMMUNITIES INC

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.1
Source object
202443209349300014

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.