Capital Region Geriatric Center Inc
Capital Region Geriatric Center Inc. reports recent operating deficits despite a history of financial stability and zero officer compensation.
EIN: 141701597 · Cohoes, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $27.2M |
| Total Expenses | $25.8M |
| Program Spending | 85% |
| Net Assets | $20.8M |
| Transparency Score | 75/100 |
Search Intent Cockpit
Capital Region Geriatric Center Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Capital Region Geriatric Center Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Capital Region Geriatric Center Inc in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $22.9M and expenses of $25.8M.
Revenue and Expenses
Capital Region Geriatric Center Inc reported $22.9M in revenue and $25.8M in expenses, a deficit of $2.9M.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
75/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.
Is Capital Region Geriatric Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $21.9M (85%) |
Across stored filings, Capital Region Geriatric Center Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 85% to programs | Excellent |
| Financial durability | Grade B | 13 stored filing years |
| Peer context | Compare with Healthy Capital District Initiative | New York and category context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Local and Sector Spokes
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Cohoes, NY nonprofitsFollow the Money
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Keep the Investigation Moving
Capital Region Geriatric Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Capital Region Geriatric Center Inc
Capital Region Geriatric Center Inc (EIN: 141701597) is a nonprofit organization based in Cohoes, NY. The organization reported total revenue of $27.2M and total assets of $37.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Capital Region Geriatric Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Capital Region Geriatric Center Inc is a large nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $22.9M |
| Total Expenses | $25.8M |
| Surplus / Deficit | $-2,922,544 |
| Total Assets | $39.7M |
| Total Liabilities | $19.0M |
| Net Assets | $20.8M |
| Operating Margin | -12.8% |
| Debt-to-Asset Ratio | 47.7% |
| Months of Reserves | 18.5 months |
Financial Health Grade: B
In 2023, Capital Region Geriatric Center Inc reported a deficit of $2.9M with expenses exceeding revenue, holds 18.5 months of operating reserves (strong position), has a debt-to-asset ratio of 47.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Capital Region Geriatric Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.6% | +9.0% | -8.2% |
| 2022 | -9.2% | -0.1% | -14.2% |
| 2021 | -12.8% | -4.7% | -5.7% |
| 2020 | -0.5% | -0.8% | +2.6% |
| 2019 | +0.0% | +0.9% | +2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
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 Capital Region Geriatric Center Inc with a Mission Score of 75 out of 100 (Good). 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: 85%
- fundraising: 5%
According to IRS 990 filings, Capital Region Geriatric Center Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $2.9M, with expenses exceeding revenue.
- Debt-to-asset ratio: 47.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is a highly positive sign for resource allocation and transparency.
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.
Red Flags
The following concerns were identified during AI analysis of Capital Region Geriatric Center Inc's IRS 990 filings:
- Expenses exceeded revenue in the last two fiscal periods (2022 and 2023), indicating recent operating deficits.
- Significant decline in total assets from $53,463,451 in 2020 to $39,734,550 in 2023 without clear explanation in summary data.
Strengths
The following positive indicators were identified for Capital Region Geriatric Center Inc:
- Consistent reporting of 0% officer compensation across all available filings, indicating strong financial stewardship regarding executive pay.
- Historically stable financial operations with revenues generally exceeding expenses prior to 2022.
- Reduction in liabilities from $24,847,844 in 2020 to $18,963,319 in 2023, improving the organization's financial leverage.
Frequently Asked Questions about Capital Region Geriatric Center Inc
Is Capital Region Geriatric Center Inc a legitimate charity?
Capital Region Geriatric Center Inc (EIN: 141701597) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $27.2M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Capital Region Geriatric Center Inc spend its money?
Capital Region Geriatric Center Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Capital Region Geriatric Center Inc tax-deductible?
Capital Region Geriatric Center Inc is registered as a tax-exempt nonprofit (EIN: 141701597). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Capital Region Geriatric Center Inc's spending goes to programs?
Capital Region Geriatric Center Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Capital Region Geriatric Center Inc located?
Capital Region Geriatric Center Inc is headquartered in Cohoes, New York and files with the IRS under EIN 141701597.
How many years of IRS 990 filings does Capital Region Geriatric Center Inc have?
Capital Region Geriatric Center 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 $27.2M in total revenue.
Why have expenses exceeded revenue in the last two fiscal periods (2022 and 2023)?
The filings show expenses of $25,816,130 against revenue of $22,893,586 in 2023, and expenses of $23,678,767 against revenue of $21,075,833 in 2022, resulting in deficits. The specific reasons for these deficits are not detailed in the summary data but warrant further investigation.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided summary data does not include a detailed breakdown of how expenses are allocated between programs, administration, and fundraising. This information is crucial for a comprehensive assessment of spending efficiency.
What caused the decline in total assets from $53,463,451 in 2020 to $39,734,550 in 2023?
The organization's assets have decreased by over $13 million in three years. While liabilities also decreased, the specific reasons for the asset reduction, such as asset sales, depreciation, or investment performance, are not detailed in the summary.
Filing History
IRS 990 filing history for Capital Region Geriatric Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Capital Region Geriatric Center Inc's revenue has grown by 13%, moving from $20.3M to $22.9M. Total assets decreased by 21.8% over the same period, from $50.8M to $39.7M. Total functional expenses rose by 35.2%, from $19.1M to $25.8M. In its most recent filing year (2023), Capital Region Geriatric Center Inc reported a deficit of $2.9M, with expenses exceeding revenue. The organization holds $19.0M in liabilities against $39.7M in assets (debt-to-asset ratio: 47.7%), resulting in net assets of $20.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $22.9M | $25.8M | $39.7M | $19.0M | — | — |
| 2022 | $21.1M | $23.7M | $43.3M | $20.1M | — | View 990 |
| 2021 | $23.2M | $23.7M | $50.4M | $22.4M | — | View 990 |
| 2020 | $26.6M | $24.9M | $53.5M | $24.8M | — | View 990 |
| 2019 | $26.7M | $25.1M | $52.1M | $25.6M | — | View 990 |
| 2018 | $26.7M | $24.8M | $50.7M | $26.3M | — | View 990 |
| 2017 | $25.1M | $23.2M | $50.9M | $26.8M | — | View 990 |
| 2016 | $25.1M | $22.7M | $49.5M | $27.9M | — | View 990 |
| 2015 | $23.0M | $20.7M | $48.3M | $28.4M | — | View 990 |
| 2014 | $21.7M | $20.8M | $48.9M | $30.6M | — | View 990 |
| 2013 | $21.4M | $20.5M | $52.5M | $36.5M | — | View 990 |
| 2012 | $20.8M | $20.4M | $51.4M | $38.3M | — | View 990 |
| 2011 | $20.3M | $19.1M | $50.8M | $37.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $22.9M, expenses of $25.8M, and assets of $39.7M (revenue +8.6% year-over-year).
- 2022: Revenue of $21.1M, expenses of $23.7M, and assets of $43.3M (revenue -9.2% year-over-year).
- 2021: Revenue of $23.2M, expenses of $23.7M, and assets of $50.4M (revenue -12.8% year-over-year).
- 2020: Revenue of $26.6M, expenses of $24.9M, and assets of $53.5M (revenue -0.5% year-over-year).
- 2019: Revenue of $26.7M, expenses of $25.1M, and assets of $52.1M (revenue +0.0% year-over-year).
- 2018: Revenue of $26.7M, expenses of $24.8M, and assets of $50.7M (revenue +6.6% year-over-year).
- 2017: Revenue of $25.1M, expenses of $23.2M, and assets of $50.9M (revenue +0.0% year-over-year).
- 2016: Revenue of $25.1M, expenses of $22.7M, and assets of $49.5M (revenue +9.0% year-over-year).
- 2015: Revenue of $23.0M, expenses of $20.7M, and assets of $48.3M (revenue +6.2% year-over-year).
- 2014: Revenue of $21.7M, expenses of $20.8M, and assets of $48.9M (revenue +1.0% year-over-year).
- 2013: Revenue of $21.4M, expenses of $20.5M, and assets of $52.5M (revenue +2.9% year-over-year).
- 2012: Revenue of $20.8M, expenses of $20.4M, and assets of $51.4M (revenue +2.9% year-over-year).
- 2011: Revenue of $20.3M, expenses of $19.1M, and assets of $50.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Capital Region Geriatric Center Inc:
Data Sources and Methodology
This transparency report for Capital Region Geriatric Center 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.