Adirondack Mennonite Retirement Community Inc
Adirondack Mennonite Retirement Community consistently generates surpluses and reports no officer compensation.
EIN: 161333180 · Lowville, NY · NTEE: P75Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $1.4M |
| Program Spending | 90% |
| Net Assets | $7.7M |
| Transparency Score | 85/100 |
Is Adirondack Mennonite Retirement Community Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Adirondack Mennonite Retirement Community Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Adirondack Mennonite Retirement Community Inc
Adirondack Mennonite Retirement Community Inc (EIN: 161333180) is a nonprofit organization based in Lowville, NY, classified under NTEE code P75Z. The organization reported total revenue of $1.7M and total assets of $12.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Adirondack Mennonite Retirement Community Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Adirondack Mennonite Retirement Community Inc is a mid-size nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$237K |
| Total Assets | $12.0M |
| Total Liabilities | $4.3M |
| Net Assets | $7.7M |
| Operating Margin | 14.3% |
| Debt-to-Asset Ratio | 35.7% |
| Months of Reserves | 101.4 months |
Financial Health Grade: A
In 2023, Adirondack Mennonite Retirement Community Inc reported a surplus of $237K with revenue exceeding expenses, holds 101.4 months of operating reserves (strong position), has a debt-to-asset ratio of 35.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Adirondack Mennonite Retirement Community Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.6% | +4.6% | +0.2% |
| 2022 | +4.1% | +12.5% | +0.8% |
| 2021 | +5.4% | +5.0% | +2.2% |
| 2020 | -4.6% | -2.8% | +2.1% |
| 2019 | -3.9% | +2.4% | +0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Adirondack Mennonite Retirement Community Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Adirondack Mennonite Retirement Community Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $237K, with revenue exceeding expenses.
- Debt-to-asset ratio: 35.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership may be volunteer-based or compensated through non-officer categories, which significantly reduces administrative overhead.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Adirondack Mennonite Retirement Community Inc:
- Consistent revenue exceeding expenses, leading to financial stability and asset growth (e.g., 2023 revenue $1,663,797 vs. expenses $1,426,331).
- Steady growth in assets over the past decade, from $10,212,456 in 2014 to $12,047,442 in 2023.
- Reported 0% officer compensation across all filings, indicating efficient use of funds and potentially volunteer leadership.
- Strong program focus inherent in its NTEE code (P75Z - Nursing Homes, Convalescent Homes & Hospices), suggesting most spending directly supports its mission.
Frequently Asked Questions about Adirondack Mennonite Retirement Community Inc
Is Adirondack Mennonite Retirement Community Inc a legitimate charity?
Adirondack Mennonite Retirement Community Inc (EIN: 161333180) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.7M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Adirondack Mennonite Retirement Community Inc spend its money?
Adirondack Mennonite Retirement Community Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Adirondack Mennonite Retirement Community Inc tax-deductible?
Adirondack Mennonite Retirement Community Inc is registered as a tax-exempt nonprofit (EIN: 161333180). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Adirondack Mennonite Retirement Community Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Adirondack Mennonite Retirement Community Inc is above average for NTEE category P75Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Adirondack Mennonite Retirement Community Inc located?
Adirondack Mennonite Retirement Community Inc is headquartered in Lowville, New York and files with the IRS under EIN 161333180. It is classified under NTEE code P75Z.
How many years of IRS 990 filings does Adirondack Mennonite Retirement Community Inc have?
Adirondack Mennonite Retirement Community Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.7M in total revenue.
Is Adirondack Mennonite Retirement Community Inc a good charity?
Based on its financial data, Adirondack Mennonite Retirement Community Inc appears to be a financially sound organization with consistent revenue surpluses and growing assets. The reported 0% officer compensation suggests a strong commitment to minimizing administrative costs and maximizing resources for its mission.
How has the organization's financial health changed over time?
The organization has shown consistent financial growth, with assets increasing from $10,212,456 in 2014 to $12,047,442 in 2023. Revenue has also steadily increased from $1,254,941 in 2014 to $1,663,797 in 2023, consistently exceeding expenses.
What is the organization's approach to executive compensation?
Adirondack Mennonite Retirement Community Inc reports 0% officer compensation in all available filings, suggesting that its executive leadership is either volunteer-based or compensated in a manner not classified as officer compensation, which is a positive indicator for resource allocation.
Filing History
IRS 990 filing history for Adirondack Mennonite Retirement Community Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Adirondack Mennonite Retirement Community Inc's revenue has grown by 40.8%, moving from $1.2M to $1.7M. Total assets increased by 30.1% over the same period, from $9.3M to $12.0M. Total functional expenses rose by 40.2%, from $1.0M to $1.4M. In its most recent filing year (2023), Adirondack Mennonite Retirement Community Inc reported a surplus of $237K, with revenue exceeding expenses. The organization holds $4.3M in liabilities against $12.0M in assets (debt-to-asset ratio: 35.7%), resulting in net assets of $7.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.4M | $12.0M | $4.3M | — | View 990 |
| 2022 | $1.6M | $1.4M | $12.0M | $4.5M | — | View 990 |
| 2021 | $1.5M | $1.2M | $11.9M | $4.6M | — | View 990 |
| 2020 | $1.4M | $1.2M | $11.7M | $4.7M | — | — |
| 2019 | $1.5M | $1.2M | $11.4M | $4.7M | — | View 990 |
| 2018 | $1.6M | $1.2M | $11.3M | $4.9M | — | View 990 |
| 2017 | $1.4M | $951K | $11.0M | $5.0M | — | View 990 |
| 2016 | $1.3M | $950K | $10.6M | $5.0M | — | View 990 |
| 2015 | $1.3M | $968K | $10.5M | $5.3M | — | View 990 |
| 2014 | $1.3M | $920K | $10.2M | $5.4M | — | View 990 |
| 2013 | $1.2M | $960K | $9.9M | $5.4M | — | View 990 |
| 2012 | $1.2M | $952K | $9.4M | $5.0M | — | View 990 |
| 2011 | $1.2M | $1.0M | $9.3M | $5.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.4M, and assets of $12.0M (revenue +6.6% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.4M, and assets of $12.0M (revenue +4.1% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.2M, and assets of $11.9M (revenue +5.4% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.2M, and assets of $11.7M (revenue -4.6% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.2M, and assets of $11.4M (revenue -3.9% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.2M, and assets of $11.3M (revenue +7.4% year-over-year).
- 2017: Revenue of $1.4M, expenses of $951K, and assets of $11.0M (revenue +8.0% year-over-year).
- 2016: Revenue of $1.3M, expenses of $950K, and assets of $10.6M (revenue +2.3% year-over-year).
- 2015: Revenue of $1.3M, expenses of $968K, and assets of $10.5M (revenue +4.1% year-over-year).
- 2014: Revenue of $1.3M, expenses of $920K, and assets of $10.2M (revenue +8.7% year-over-year).
- 2013: Revenue of $1.2M, expenses of $960K, and assets of $9.9M (revenue -1.0% year-over-year).
- 2012: Revenue of $1.2M, expenses of $952K, and assets of $9.4M (revenue -1.3% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.0M, and assets of $9.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Adirondack Mennonite Retirement Community Inc:
Data Sources and Methodology
This transparency report for Adirondack Mennonite Retirement Community Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.