Lantern Community Services INC
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Provides supportive housing, emergency shelter, and wraparound services to help New Yorkers impacted by homelessness secure stable housing and build lasting independence. For fiscal year 2025 it reported $38.9M in revenue, $38.8M in expenses, and $2.9M in net assets.Pt I
Summary of the Filing
Where the work happens
Lantern community services (lantern) creates pathways to stability for new yorkers impacted by homelessness. To support individuals and families in securing and maintaining stable housing, we provide supportive housing, emergency shelter, and wraparound services in 20 sites across manhattan, the bronx, brooklyn, and queens.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Diane Carole Louard-Michel’s $320K as Executive Director is at the 81st percentile of top reported officer pay among 672 $10–100M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Diane Carole Louard-Michel | $319,756 | $320,288 | $251,333 | — | — | — |
| Michael Patrick Winter | $236,089 | $260,309 | $173,629 | — | — | — |
| Diane C Louard-Michel | — | — | — | $251,333 | — | — |
| Diane Carole Louard-Michel | — | — | — | — | $209,355 | $195,555 |
| Alexandra Francis | $187,126 | — | — | — | — | — |
| Michael Winter | — | — | — | $173,629 | $166,840 | $47,714 |
| Richard James Larson | $168,350 | $166,816 | $109,828 | — | — | — |
| Amy Berg | — | — | — | — | $158,644 | $151,698 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 82% | — | — |
| Overhead ratio | 18% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | -18% | — | — |
| Legal fee ratio | 0% | — | — |
| Accounting fee ratio | 3% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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