Sommerset Neighborhood
How we got $2.8M
Based on IRS Form 990 (2025).
What we know
What they do
Sommerset Neighborhood is an assisted living and memory care community in Oklahoma City offering senior living with dining, activities, and varying levels of care for residents.
From the company's website. Industry: Assisted Living Facilities for the Elderly.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SOMMERSET NEIGHBORHOOD this business | $2.8M | — |
| Village on the Park Oklahoma City | $3.8M | 0.6 mi |
| MEADOWBROOK ACRES CENTER FOR INDEPENDENT LIVING, INC. Oklahoma City · 18 employees | $995K | 0.8 mi |
| Jasmine Estates Oklahoma City | $3.8M | 1.0 mi |
| MLR AF OPCO, LLC Oklahoma City · 39 employees | $2.6M | 1.0 mi |
| Meadowlake Estates Oklahoma City | $3.8M | 1.0 mi |
| Meadowlakes Retirement Village Oklahoma City | $3.8M | 1.0 mi |
The full calculation
Calibrated: revenue lowered to 71% of the industry-average estimate, to match what businesses in this industry actually report.
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
These are the business's own reported figures, from its IRS Form 990 filing, not an estimate. EBITDA applies the industry margin to reported revenue.
| Revenue range | $2.6M – $2.9M |
| EBITDA range | $167K – $184K |
| Industry (NAICS) | Assisted Living Facilities for the Elderly (623312) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
“Sommerset Assisted Living Residences opened in June of 1998 with 37 units and has expanded twice since then.”
Leadership
- JGJessica GuilloryExecutive Director · $100K pay (Form 990)
- TSTerri ShirrodChair · Form 990
- DWDoug WilsonVice Chair · Form 990
- TSTim SheahanSecretary · Form 990
Advisors
- AccountingCliftonlarsonallen LLPPrepared its Form 990
- BankingFirst Source Federal Credit UnionPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| First Source Federal Credit Union PPP 2020 | All 11 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/1/2020 | first | $350K | 56 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Sommerset Neighborhood
Sommerset Neighborhood is an assisted living facilities for the elderly company in Oklahoma City, Oklahoma, in business since 1998. Its reported annual revenue is about $2.8M, with roughly $176K of EBITDA. It has about 56 employees.
Common questions
- Who owns Sommerset Neighborhood?
- The owner of Sommerset Neighborhood isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Sommerset Neighborhood make?
- Sommerset Neighborhood reported revenue of about $2.8M.
- How many employees does Sommerset Neighborhood have?
- About 56, as reported on its PPP loan.
- When was Sommerset Neighborhood founded?
- Sommerset Neighborhood has been in business since 1998.