Chcc Ccrc

Chcc Ccrc faces consistent operating deficits despite significant asset growth and increasing revenue.

EIN: 204072602 · Wyckoff, NJ · NTEE: L22 · Updated: 2026-03-28

$19.4MRevenue
$142.2MAssets
55/100Mission Score (Fair)
L22
Chcc Ccrc Financial Summary
MetricValue
Total Revenue$19.4M
Total Expenses$18.6M
Program Spending70%
CEO/Top Officer Pay$140
Net Assets$-16,974,555
Transparency Score55/100

Search Intent Cockpit

Chcc Ccrc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Chcc Ccrc 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 Chcc Ccrc in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $15.4M and expenses of $18.6M.

Revenue and Expenses

Chcc Ccrc reported $15.4M in revenue and $18.6M in expenses, a deficit of $3.2M.

Executive Compensation

Top officer compensation appears as $140 in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

55/100 mission score, 4 red flags, and 3 strengths are shown from structured and AI review.

Is Chcc Ccrc Legit?

Some Concerns

GoodFiling Consistency
GoodSpending Efficiency
ModerateTransparency
4 FoundRed Flags

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

PendingDonor/Grant Funding
70%Program Expense
$0Grants Paid
13Stored Filing Years

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

Chcc Ccrc Expense Deployment
Program services$13.0M (70%)

Across stored filings, Chcc Ccrc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Chcc Ccrc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 4 red flags identified
Mission spend70% to programsGood
Financial durabilityGrade C13 stored filing years
Peer contextCompare with Dance For The Cure IncNew Jersey and Category L context

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Chcc Ccrc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About Chcc Ccrc

Chcc Ccrc (EIN: 204072602) is a nonprofit organization based in Wyckoff, NJ, classified under NTEE code L22. The organization reported total revenue of $19.4M and total assets of $142.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chcc Ccrc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
LargeSize Classification
13Years of Filings
GrowingRevenue Trajectory

Chcc Ccrc is a large nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023).

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$15.4M
Total Expenses$18.6M
Surplus / Deficit$-3,166,568
Total Assets$143.1M
Total Liabilities$160.1M
Net Assets$-16,974,555
Operating Margin-20.6%
Debt-to-Asset Ratio111.9%
Months of Reserves92.6 months

Financial Health Grade: C

In 2023, Chcc Ccrc reported a deficit of $3.2M with expenses exceeding revenue, holds 92.6 months of operating reserves (strong position), has a debt-to-asset ratio of 111.9% (high leverage).

Financial Trends

YearRevenue ChangeExpense ChangeAsset Change
2023+35.8%+21.8%-0.5%
2022+216.7%+60.7%-2.7%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Chcc Ccrc, operating as a Continuing Care Retirement Community (NTEE L22), shows a complex financial picture. The organization has experienced significant growth in both assets and expenses over the past several years, particularly from 2020 to 2023. While revenue has also increased, it has consistently lagged behind expenses in recent periods, leading to operating deficits. For instance, in 2023, revenue was $15,385,989 against expenses of $18,552,557, and in 2022, revenue was $11,331,867 against expenses of $15,230,769. This indicates that the organization is spending more than it is bringing in through its primary revenue streams. The organization's asset base has grown substantially, from $24,602,075 in 2018 to $143,095,016 in 2023, suggesting significant capital investment, likely in facilities given its NTEE code. However, liabilities have also increased dramatically, often exceeding assets in recent years, such as $160,069,571 in liabilities against $143,095,016 in assets in 2023. This high level of debt relative to assets is a concern. The consistent reporting of 0% officer compensation across all available filings suggests either a volunteer-led executive team or that compensation is reported under different categories, which warrants further investigation for full transparency. Without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's challenging to fully assess spending efficiency, but the consistent operating deficits are a key indicator.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Chcc Ccrc with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 20%
  • programs: 70%
  • fundraising: 10%

According to IRS 990 filings, Chcc Ccrc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$15.4MTotal Revenue
$18.6MTotal Expenses
$143.1MTotal Assets
$160.1MTotal Liabilities
$-16,974,555Net Assets
  • The organization reported a deficit of $3.2M, with expenses exceeding revenue.
  • Debt-to-asset ratio: 111.9%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size with assets exceeding $140 million and expenses over $18 million, suggesting executive compensation may be reported under other expense categories or is entirely volunteer-based.

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 Chcc Ccrc's IRS 990 filings:

  • Consistent operating deficits (expenses exceeding revenue) in recent years, e.g., $18.5M expenses vs. $15.3M revenue in 2023.
  • Liabilities frequently exceed assets, indicating a potentially high debt burden or negative net assets (e.g., $160M liabilities vs. $143M assets in 2023).
  • Unusually consistent reporting of 0% officer compensation for an organization of this scale, raising questions about executive compensation transparency.
  • Significant increase in liabilities from $7.8M in 2015 to $160M in 2023, indicating substantial financial obligations.

Strengths

The following positive indicators were identified for Chcc Ccrc:

  • Significant growth in assets from $12.7M in 2015 to $143M in 2023, indicating substantial investment and expansion.
  • Consistent revenue growth in recent years, from $0 in 2020 to $15.3M in 2023, suggesting increasing operational activity.
  • Long filing history (13 filings), indicating consistent compliance with IRS reporting requirements.

Frequently Asked Questions about Chcc Ccrc

Is Chcc Ccrc a legitimate charity?

Chcc Ccrc (EIN: 204072602) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 55/100. It has 13 years of IRS 990 filings on record. Total revenue: $19.4M. 4 red flags identified. 3 strengths noted. Financial health grade: C.

How does Chcc Ccrc spend its money?

Chcc Ccrc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.

Are donations to Chcc Ccrc tax-deductible?

Chcc Ccrc is registered as a tax-exempt nonprofit (EIN: 204072602). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Chcc Ccrc CEO make?

Chcc Ccrc's highest-compensated officer earns $140 annually. The organization reported $19.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Chcc Ccrc's spending goes to programs?

Chcc Ccrc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.

How does Chcc Ccrc compare to similar nonprofits?

With a transparency score of 55/100 (Fair), Chcc Ccrc is near average for NTEE category L22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Chcc Ccrc located?

Chcc Ccrc is headquartered in Wyckoff, New Jersey and files with the IRS under EIN 204072602. It is classified under NTEE code L22.

How many years of IRS 990 filings does Chcc Ccrc have?

Chcc Ccrc 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 $19.4M in total revenue.

Why does Chcc Ccrc consistently report 0% officer compensation despite its significant size and operations?

The consistent reporting of 0% officer compensation across all 13 filings is highly unusual for an organization with assets over $140 million and annual expenses exceeding $18 million. This could indicate that executive leadership is entirely volunteer-based, or that compensation for key management personnel is categorized differently within the financial statements, such as under 'salaries and wages' without specific officer designation. Further detail from the full IRS Form 990 would be needed to clarify this.

What is the primary cause of Chcc Ccrc's consistent operating deficits?

Chcc Ccrc has consistently reported expenses exceeding revenue in recent years (e.g., $18.5M expenses vs. $15.3M revenue in 2023; $15.2M expenses vs. $11.3M revenue in 2022). This indicates that the organization's operational costs are higher than its income from services or other revenue streams. Without a detailed breakdown of expenses, it's difficult to pinpoint the exact cause, but it suggests either insufficient revenue generation or high operational costs relative to its services.

How does Chcc Ccrc plan to address its growing liabilities, which often exceed its assets?

The organization's liabilities have grown significantly, often surpassing its assets (e.g., $160M liabilities vs. $143M assets in 2023). This indicates a high level of debt or other financial obligations. Addressing this would typically involve strategies to increase revenue, reduce expenses, or restructure debt, but the specific plans are not discernible from the provided summary data.

What is the breakdown of Chcc Ccrc's expenses into program, administrative, and fundraising categories?

The provided summary data does not include a detailed breakdown of expenses into program, administrative, and fundraising categories. This information is crucial for assessing the organization's spending efficiency and how much of its resources directly support its mission. A review of the full IRS Form 990, Part IX, would be necessary to obtain this detail.

Filing History

IRS 990 filing history for Chcc Ccrc showing financial trends over 13 years of public records:

Total assets increased by 14309501500% over the same period, from $1 to $143.1M. In its most recent filing year (2023), Chcc Ccrc reported a deficit of $3.2M, with expenses exceeding revenue. The organization holds $160.1M in liabilities against $143.1M in assets (debt-to-asset ratio: 111.9%), resulting in net assets of $-16,974,555.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $15.4M $18.6M $143.1M $160.1M
2022 $11.3M $15.2M $143.8M $155.5M View 990
2021 $3.6M $9.5M $147.8M $155.6M View 990
2020 $0 $1.2M $94.8M $96.6M View 990
2019 $0 $595K $76.3M $76.9M View 990
2018 $0 $0 $24.6M $17.2M View 990
2017 $0 $0 $20.7M $14.8M View 990
2016 $0 $0 $17.5M $13.2M View 990
2015 $0 $0 $12.7M $7.9M View 990
2014 $0 $0 $82K $82K View 990
2013 $0 $0 $1 $0 View 990
2012 $0 $0 $0 $0 View 990
2011 $0 $0 $1 $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $15.4M, expenses of $18.6M, and assets of $143.1M (revenue +35.8% year-over-year).
  • 2022: Revenue of $11.3M, expenses of $15.2M, and assets of $143.8M (revenue +216.7% year-over-year).
  • 2021: Revenue of $3.6M, expenses of $9.5M, and assets of $147.8M.
  • 2020: Revenue of $0, expenses of $1.2M, and assets of $94.8M.
  • 2019: Revenue of $0, expenses of $595K, and assets of $76.3M.
  • 2018: Revenue of $0, expenses of $0, and assets of $24.6M.
  • 2017: Revenue of $0, expenses of $0, and assets of $20.7M.
  • 2016: Revenue of $0, expenses of $0, and assets of $17.5M.
  • 2015: Revenue of $0, expenses of $0, and assets of $12.7M.
  • 2014: Revenue of $0, expenses of $0, and assets of $82K.
  • 2013: Revenue of $0, expenses of $0, and assets of $1.
  • 2012: Revenue of $0, expenses of $0, and assets of $0.
  • 2011: Revenue of $0, expenses of $0, and assets of $1.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Chcc Ccrc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Chcc Ccrc 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.

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