Catholic Managed Long Term Care Inc
Catholic Managed Long Term Care Inc shows consistent growth and operational surpluses with no reported officer compensation.
EIN: 208180809 · New York, NY · NTEE: E60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $390.2M |
| Total Expenses | $451.9M |
| Program Spending | 97% |
| Net Assets | $40.1M |
| Transparency Score | 90/100 |
Is Catholic Managed Long Term Care Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Catholic Managed Long Term Care Inc directs 97% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Catholic Managed Long Term Care Inc
Catholic Managed Long Term Care Inc (EIN: 208180809) is a nonprofit organization based in New York, NY, classified under NTEE code E60. The organization reported total revenue of $390.2M and total assets of $132.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Catholic Managed Long Term Care Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Catholic Managed Long Term Care Inc is a major nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 31.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $466.2M |
| Total Expenses | $451.9M |
| Surplus / Deficit | +$14.3M |
| Total Assets | $125.3M |
| Total Liabilities | $85.2M |
| Net Assets | $40.1M |
| Operating Margin | 3.1% |
| Debt-to-Asset Ratio | 68.0% |
| Months of Reserves | 3.3 months |
Financial Health Grade: A
In 2023, Catholic Managed Long Term Care Inc reported a surplus of $14.3M with revenue exceeding expenses, holds 3.3 months of operating reserves (adequate), has a debt-to-asset ratio of 68.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Catholic Managed Long Term Care Inc's revenue has grown at a compound annual growth rate (CAGR) of 31.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.6% | +18.7% | +43.6% |
| 2022 | +7.7% | +11.9% | +25.7% |
| 2021 | -7.2% | -9.6% | +2.4% |
| 2020 | -10.7% | -14.8% | +16.1% |
| 2019 | +28.6% | +30.6% | -1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Catholic Managed Long Term Care Inc with a Mission Score of 90 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: 3%
- programs: 97%
- fundraising: 0%
According to IRS 990 filings, Catholic Managed Long Term Care Inc allocates its expenses as follows: admin: 3%, programs: 97%, fundraising: 0%. With 97% 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 $14.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 68.0%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is unusual for an organization of this size and revenue. This suggests that executive compensation may be paid by a related entity or not reported in the standard officer compensation section, requiring deeper scrutiny for full 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 Catholic Managed Long Term Care Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this scale and may indicate compensation is reported elsewhere or paid by a related entity, impacting transparency.
Strengths
The following positive indicators were identified for Catholic Managed Long Term Care Inc:
- Strong program spending ratio (97% in 202312), indicating efficient use of funds for its mission.
- Consistent revenue growth, from $127M in 2014 to $466M in 2023, demonstrating expanding reach and financial stability.
- Healthy asset growth, from $36M in 2014 to $125M in 2023, strengthening its financial foundation.
- Operational surpluses in most recent years (e.g., $14.3M in 202312), contributing to financial resilience.
Frequently Asked Questions about Catholic Managed Long Term Care Inc
Is Catholic Managed Long Term Care Inc a legitimate charity?
Catholic Managed Long Term Care Inc (EIN: 208180809) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $390.2M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Catholic Managed Long Term Care Inc spend its money?
Catholic Managed Long Term Care Inc directs 97% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Catholic Managed Long Term Care Inc tax-deductible?
Catholic Managed Long Term Care Inc is registered as a tax-exempt nonprofit (EIN: 208180809). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Catholic Managed Long Term Care Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Catholic Managed Long Term Care Inc is above average for NTEE category E60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Catholic Managed Long Term Care Inc located?
Catholic Managed Long Term Care Inc is headquartered in New York, New York and files with the IRS under EIN 208180809. It is classified under NTEE code E60.
How many years of IRS 990 filings does Catholic Managed Long Term Care Inc have?
Catholic Managed Long Term Care 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 $390.2M in total revenue.
Is Catholic Managed Long Term Care Inc a good charity?
Based on the available IRS 990 data, the organization appears to be financially sound with a strong focus on program spending (97% in the latest period). Its consistent growth in revenue and assets suggests effective operations in fulfilling its mission. However, the lack of reported officer compensation is a point to investigate further for complete transparency.
How has the organization's financial health changed over time?
Catholic Managed Long Term Care Inc has experienced significant financial growth over the past decade. Revenue increased from $127,016,448 in 2014 to $466,228,842 in 2023, and assets grew from $36,914,857 to $125,273,061 in the same period, indicating substantial expansion and a generally healthy financial trajectory.
What is the organization's spending efficiency?
The organization demonstrates high spending efficiency, with 97% of its expenses allocated to program services in the latest filing (202312). This indicates that the vast majority of its resources are directly applied to its mission.
Filing History
IRS 990 filing history for Catholic Managed Long Term Care Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Catholic Managed Long Term Care Inc's revenue has grown by 2537.7%, moving from $17.7M to $466.2M. Total assets increased by 1033.1% over the same period, from $11.1M to $125.3M. Total functional expenses rose by 2625.4%, from $16.6M to $451.9M. In its most recent filing year (2023), Catholic Managed Long Term Care Inc reported a surplus of $14.3M, with revenue exceeding expenses. The organization holds $85.2M in liabilities against $125.3M in assets (debt-to-asset ratio: 68.0%), resulting in net assets of $40.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $466.2M | $451.9M | $125.3M | $85.2M | — | — |
| 2022 | $383.6M | $380.7M | $87.3M | $62.5M | — | View 990 |
| 2021 | $356.2M | $340.0M | $69.4M | $46.6M | — | View 990 |
| 2020 | $383.7M | $376.1M | $67.8M | $61.9M | — | View 990 |
| 2019 | $429.8M | $441.3M | $58.4M | $60.4M | — | View 990 |
| 2018 | $334.3M | $338.0M | $59.1M | $54.2M | — | View 990 |
| 2017 | $228.1M | $228.2M | $47.7M | $38.8M | — | View 990 |
| 2016 | $170.1M | $174.2M | $31.3M | $22.9M | — | View 990 |
| 2015 | $142.8M | $142.3M | $34.3M | $22.0M | — | View 990 |
| 2014 | $127.0M | $125.8M | $36.9M | $25.0M | — | View 990 |
| 2013 | $65.3M | $64.5M | $29.3M | $18.6M | — | View 990 |
| 2012 | $28.0M | $26.7M | $14.7M | $16.7M | — | View 990 |
| 2011 | $17.7M | $16.6M | $11.1M | $14.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $466.2M, expenses of $451.9M, and assets of $125.3M (revenue +21.6% year-over-year).
- 2022: Revenue of $383.6M, expenses of $380.7M, and assets of $87.3M (revenue +7.7% year-over-year).
- 2021: Revenue of $356.2M, expenses of $340.0M, and assets of $69.4M (revenue -7.2% year-over-year).
- 2020: Revenue of $383.7M, expenses of $376.1M, and assets of $67.8M (revenue -10.7% year-over-year).
- 2019: Revenue of $429.8M, expenses of $441.3M, and assets of $58.4M (revenue +28.6% year-over-year).
- 2018: Revenue of $334.3M, expenses of $338.0M, and assets of $59.1M (revenue +46.5% year-over-year).
- 2017: Revenue of $228.1M, expenses of $228.2M, and assets of $47.7M (revenue +34.1% year-over-year).
- 2016: Revenue of $170.1M, expenses of $174.2M, and assets of $31.3M (revenue +19.1% year-over-year).
- 2015: Revenue of $142.8M, expenses of $142.3M, and assets of $34.3M (revenue +12.4% year-over-year).
- 2014: Revenue of $127.0M, expenses of $125.8M, and assets of $36.9M (revenue +94.4% year-over-year).
- 2013: Revenue of $65.3M, expenses of $64.5M, and assets of $29.3M (revenue +133.0% year-over-year).
- 2012: Revenue of $28.0M, expenses of $26.7M, and assets of $14.7M (revenue +58.6% year-over-year).
- 2011: Revenue of $17.7M, expenses of $16.6M, and assets of $11.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Catholic Managed Long Term Care Inc:
Data Sources and Methodology
This transparency report for Catholic Managed Long Term Care 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.