Clifton Senior Citizens Housing Corp
Clifton Senior Citizens Housing Corp: Stable Operations, Declining Assets
EIN: 222300392 · Clifton, NJ · NTEE: L22Z · Updated: 2026-04-04
About Clifton Senior Citizens Housing Corp
Clifton Senior Citizens Housing Corp (EIN: 222300392) is a nonprofit organization based in Clifton, NJ, classified under NTEE code L22Z. The organization reported total revenue of $2.6M and total assets of $4.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Clifton Senior Citizens Housing Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Clifton Senior Citizens Housing Corp 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Clifton Senior Citizens Housing Corp allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, which is highly unusual for an organization with total expenses exceeding $2.2 million annually (e.g., $2,202,046 in 2023), suggesting potential underreporting or alternative compensation structures not disclosed.
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 Clifton Senior Citizens Housing Corp's IRS 990 filings:
- Consistent reporting of $0 executive compensation despite significant operational expenses raises concerns about transparency and potential undisclosed benefits.
- Total assets have steadily declined from $5,933,592 in 2015 to $4,161,991 in 2023, a decrease of over 29%.
- Total liabilities have also decreased from $9,331,669 in 2015 to $7,336,633 in 2023, but still significantly exceed assets, indicating a negative net asset position.
Strengths
The following positive indicators were identified for Clifton Senior Citizens Housing Corp:
- The organization consistently generates over $2 million in revenue annually, demonstrating stable operational funding.
- Expenses are consistently managed below revenue in most years, indicating fiscal responsibility (e.g., 2023 revenue $2,431,816 vs. expenses $2,202,046).
- The organization has a long history of operation, with data available back to 2015.
Frequently Asked Questions about Clifton Senior Citizens Housing Corp
What does Clifton Senior Citizens Housing Corp do?
Clifton Senior Citizens Housing Corp is a nonprofit organization in the Housing & Shelter sector, located in Clifton, New Jersey. It is classified under NTEE code L22Z.
How much revenue does Clifton Senior Citizens Housing Corp have?
Clifton Senior Citizens Housing Corp reported total revenue of $2,626,977. Based on 12 IRS 990 filings on record.
What are Clifton Senior Citizens Housing Corp's total assets?
Clifton Senior Citizens Housing Corp holds total assets of $4,427,889 as reported in IRS 990 filings.
Where is Clifton Senior Citizens Housing Corp located?
Clifton Senior Citizens Housing Corp is based in Clifton, New Jersey.
What is Clifton Senior Citizens Housing Corp's EIN?
Clifton Senior Citizens Housing Corp's Employer Identification Number (EIN) is 222300392. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Clifton Senior Citizens Housing Corp?
Clifton Senior Citizens Housing Corp is classified under NTEE code L22Z (Housing & Shelter).
Is Clifton Senior Citizens Housing Corp a registered 501(c)(3)?
Yes, Clifton Senior Citizens Housing Corp is recognized as a tax-exempt organization by the IRS. EIN: 222300392.
Does Clifton Senior Citizens Housing Corp file IRS Form 990?
Yes, Clifton Senior Citizens Housing Corp has 12 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Clifton Senior Citizens Housing Corp's revenue in 2023?
In the 202306 filing period, Clifton Senior Citizens Housing Corp reported total revenue of $2,431,816, total expenses of $2,202,046, and net assets of $4,161,991.
Is Clifton Senior Citizens Housing Corp's revenue growing or declining?
Clifton Senior Citizens Housing Corp's revenue is relatively stable. Revenue went from $2,369,983 (202206) to $2,431,816 (202306), a +2.6% change. Based on 12 filings on record.
What is Clifton Senior Citizens Housing Corp's most recent 990 filing?
The most recent IRS Form 990 filing for Clifton Senior Citizens Housing Corp covers tax period 202306. It shows revenue of $2,431,816, expenses of $2,202,046, total assets of $4,161,991, and liabilities of $7,336,633.
How much does Clifton Senior Citizens Housing Corp spend on programs vs administration?
Based on IRS 990 analysis, Clifton Senior Citizens Housing Corp allocates approximately 90% of expenses to program services, 7% to administrative costs, and 3% to fundraising. This indicates strong program focus.
Is Clifton Senior Citizens Housing Corp a trustworthy charity?
Based on AI analysis of IRS 990 data, Clifton Senior Citizens Housing Corp appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Clifton Senior Citizens Housing Corp?
The following concerns were identified: Consistent reporting of $0 executive compensation despite significant operational expenses raises concerns about transparency and potential undisclosed benefits.. Total assets have steadily declined from $5,933,592 in 2015 to $4,161,991 in 2023, a decrease of over 29%.. Total liabilities have also decreased from $9,331,669 in 2015 to $7,336,633 in 2023, but still significantly exceed assets, indicating a negative net asset position.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Clifton Senior Citizens Housing Corp's strengths?
Positive indicators for Clifton Senior Citizens Housing Corp include: The organization consistently generates over $2 million in revenue annually, demonstrating stable operational funding.. Expenses are consistently managed below revenue in most years, indicating fiscal responsibility (e.g., 2023 revenue $2,431,816 vs. expenses $2,202,046).. The organization has a long history of operation, with data available back to 2015.. These findings are derived from AI analysis of the organization's financial filings.
How does Clifton Senior Citizens Housing Corp compensate executives?
Executive compensation is reported as $0 across all available filings, which is highly unusual for an organization with total expenses exceeding $2.2 million annually (e.g., $2,202,046 in 2023), suggesting potential underreporting or alternative compensation structures not disclosed. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 executive compensation, how does Clifton Senior Citizens Housing Corp attract and retain leadership for an organization managing over $2 million in annual expenses?
The consistent $0 executive compensation reported across all filings suggests that leadership may be entirely volunteer-based, compensated through an affiliated entity, or that compensation is structured in a way that is not captured in the standard executive compensation lines of the 990 form. Further investigation into related organizations or specific contracts would be necessary to understand this structure.
What is driving the consistent decline in total assets and liabilities over the past several years, and what is the long-term impact on the organization's sustainability?
The decline in both assets and liabilities could indicate several factors, such as depreciation of physical assets without significant reinvestment, repayment of long-term debt, or a shift in asset management strategy. While decreasing liabilities can be positive, the simultaneous and significant decline in assets, especially when liabilities still exceed assets, raises questions about the organization's long-term financial health and ability to maintain or upgrade its facilities.
Filing History
IRS 990 filing history for Clifton Senior Citizens Housing Corp showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Clifton Senior Citizens Housing Corp's revenue has grown by 14.2%, moving from $2.1M to $2.4M. Total assets decreased by 37.8% over the same period, from $6.7M to $4.2M. Total functional expenses fell by 1.6%, from $2.2M to $2.2M. In its most recent filing year (2023), Clifton Senior Citizens Housing Corp reported a surplus of $230K, with revenue exceeding expenses. The organization holds $7.3M in liabilities against $4.2M in assets (debt-to-asset ratio: 176.3%), resulting in net assets of $-3,174,642.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $2.2M | $4.2M | $7.3M | — | — |
| 2022 | $2.4M | $2.3M | $4.2M | $7.6M | — | View 990 |
| 2021 | $2.5M | $2.5M | $4.3M | $7.8M | — | View 990 |
| 2019 | $2.3M | $2.2M | $4.9M | $8.4M | — | View 990 |
| 2018 | $2.2M | $2.3M | $5.0M | $8.6M | — | View 990 |
| 2017 | $2.2M | $2.3M | $5.5M | $9.0M | — | View 990 |
| 2016 | $2.2M | $2.2M | $5.7M | $9.1M | — | View 990 |
| 2015 | $2.2M | $2.3M | $5.9M | $9.3M | — | View 990 |
| 2014 | $2.2M | $2.2M | $6.1M | $9.4M | — | View 990 |
| 2013 | $2.2M | $2.3M | $6.3M | $9.6M | — | View 990 |
| 2012 | $2.1M | $2.2M | $6.5M | $9.7M | — | View 990 |
| 2011 | $2.1M | $2.2M | $6.7M | $9.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $2.2M, and assets of $4.2M (revenue +2.6% year-over-year).
- 2022: Revenue of $2.4M, expenses of $2.3M, and assets of $4.2M (revenue -3.9% year-over-year).
- 2021: Revenue of $2.5M, expenses of $2.5M, and assets of $4.3M (revenue +8.9% year-over-year).
- 2019: Revenue of $2.3M, expenses of $2.2M, and assets of $4.9M (revenue +0.9% year-over-year).
- 2018: Revenue of $2.2M, expenses of $2.3M, and assets of $5.0M (revenue +1.1% year-over-year).
- 2017: Revenue of $2.2M, expenses of $2.3M, and assets of $5.5M (revenue +1.0% year-over-year).
- 2016: Revenue of $2.2M, expenses of $2.2M, and assets of $5.7M (revenue -0.4% year-over-year).
- 2015: Revenue of $2.2M, expenses of $2.3M, and assets of $5.9M (revenue +0.0% year-over-year).
- 2014: Revenue of $2.2M, expenses of $2.2M, and assets of $6.1M (revenue +1.2% year-over-year).
- 2013: Revenue of $2.2M, expenses of $2.3M, and assets of $6.3M (revenue +2.1% year-over-year).
- 2012: Revenue of $2.1M, expenses of $2.2M, and assets of $6.5M (revenue +0.3% year-over-year).
- 2011: Revenue of $2.1M, expenses of $2.2M, and assets of $6.7M.
Data Sources and Methodology
This transparency report for Clifton Senior Citizens Housing Corp 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.