Newtown News of Interest
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Chandler Hall Organizational & Financial Briefing

Chandler Hall Organizational & Financial Briefing | Newtown News of Interest | Scoop.it

Key Financial Takeaway: In 2024, Chandler Hall reported approximately $20.1 million in revenue, $21.4 million in expenses, and a $1.27 million operating deficit.

 

Back on 28 April, 2026, Chandler Hall issued a disclosure statement that provides an overview of Chandler Hall Health Services, Inc., a non-profit continuing care retirement community located in Newtown, Pennsylvania.

 

Recall that a for-profit LLC is currently in the process of purchasing Chandler Hall. For more on that, read my Newtown Patch article: "Chandler Hall Sale Q&A Town Hall".

 

The report serves as a formal regulatory filing under state law, ensuring transparency regarding the organization’s management, affiliations, and reserve funding.

 

johnmacknewtown's insight:

 

To complete the financial analysis, I accessed For 990 tax filing data from 2021 through 2024 provided by Propublica (here). These data were not fully or accurately presented at the June 3, 2026 "Town Hall" mentioned above.

 

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Newtown News of Interest
These Scoops are excerpts from articles published in local newspapers and other sources that may be of interest to Newtown area residents. Please click on the "From" link to access the full original article. Any opinions and "insights" appended to these article summaries are solely those of John Mack and do not represent the opinions of any other person or entity.
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