Comstock Senior Citizens Housing Inc
EIN: 382569737 · Galesburg, MI · NTEE: L21Z
| Metric | Value |
|---|---|
| Total Revenue | $326K |
| Total Expenses | $315K |
| Net Assets | $-374,816 |
Is Comstock Senior Citizens Housing Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Comstock Senior Citizens Housing Inc
Comstock Senior Citizens Housing Inc (EIN: 382569737) is a nonprofit organization based in Galesburg, MI, classified under NTEE code L21Z. The organization reported total revenue of $326K and total assets of $600K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Comstock Senior Citizens Housing Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Comstock Senior Citizens Housing Inc is a small nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $314K |
| Total Expenses | $315K |
| Surplus / Deficit | $-85 |
| Total Assets | $601K |
| Total Liabilities | $976K |
| Net Assets | $-374,816 |
| Operating Margin | -0.0% |
| Debt-to-Asset Ratio | 162.3% |
| Months of Reserves | 22.9 months |
Financial Health Grade: C
In 2023, Comstock Senior Citizens Housing Inc reported a deficit of $85 with expenses exceeding revenue, holds 22.9 months of operating reserves (strong position), has a debt-to-asset ratio of 162.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Comstock Senior Citizens Housing Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.6% | +8.6% | -1.1% |
| 2022 | -0.1% | -3.3% | -1.6% |
| 2021 | +3.6% | +3.9% | -1.7% |
| 2020 | -3.0% | -7.7% | -4.6% |
| 2019 | +16.7% | +13.1% | -3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Comstock Senior Citizens Housing Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Comstock Senior Citizens Housing Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $85, with expenses exceeding revenue.
- Debt-to-asset ratio: 162.3%.
Frequently Asked Questions about Comstock Senior Citizens Housing Inc
Is Comstock Senior Citizens Housing Inc a legitimate charity?
Comstock Senior Citizens Housing Inc (EIN: 382569737) is a registered tax-exempt nonprofit based in Michigan. It has 13 years of IRS 990 filings on record. Total revenue: $326K. No red flags identified. Financial health grade: C.
How does Comstock Senior Citizens Housing Inc spend its money?
Comstock Senior Citizens Housing Inc reported $326K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Comstock Senior Citizens Housing Inc tax-deductible?
Comstock Senior Citizens Housing Inc is registered as a tax-exempt nonprofit (EIN: 382569737). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Comstock Senior Citizens Housing Inc located?
Comstock Senior Citizens Housing Inc is headquartered in Galesburg, Michigan and files with the IRS under EIN 382569737. It is classified under NTEE code L21Z.
How many years of IRS 990 filings does Comstock Senior Citizens Housing Inc have?
Comstock Senior Citizens Housing 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 $326K in total revenue.
Filing History
IRS 990 filing history for Comstock Senior Citizens Housing Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Comstock Senior Citizens Housing Inc's revenue has grown by 15.2%, moving from $273K to $314K. Total assets decreased by 35.4% over the same period, from $931K to $601K. Total functional expenses rose by 12.3%, from $280K to $315K. In its most recent filing year (2023), Comstock Senior Citizens Housing Inc reported a deficit of $85, with expenses exceeding revenue. The organization holds $976K in liabilities against $601K in assets (debt-to-asset ratio: 162.3%), resulting in net assets of $-374,816.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $314K | $315K | $601K | $976K | — | — |
| 2022 | $298K | $290K | $608K | $983K | — | View 990 |
| 2021 | $298K | $299K | $618K | $1.0M | — | View 990 |
| 2020 | $287K | $288K | $629K | $1.0M | — | — |
| 2019 | $296K | $312K | $659K | $1.0M | — | View 990 |
| 2018 | $254K | $276K | $679K | $1.0M | — | View 990 |
| 2017 | $275K | $281K | $728K | $1.1M | — | View 990 |
| 2016 | $305K | $323K | $754K | $1.1M | — | View 990 |
| 2015 | $275K | $278K | $869K | $1.2M | — | View 990 |
| 2014 | $279K | $279K | $889K | $1.2M | — | View 990 |
| 2013 | $272K | $289K | $900K | $1.2M | — | View 990 |
| 2012 | $283K | $277K | $926K | $1.2M | — | View 990 |
| 2011 | $273K | $280K | $931K | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $314K, expenses of $315K, and assets of $601K (revenue +5.6% year-over-year).
- 2022: Revenue of $298K, expenses of $290K, and assets of $608K (revenue -0.1% year-over-year).
- 2021: Revenue of $298K, expenses of $299K, and assets of $618K (revenue +3.6% year-over-year).
- 2020: Revenue of $287K, expenses of $288K, and assets of $629K (revenue -3.0% year-over-year).
- 2019: Revenue of $296K, expenses of $312K, and assets of $659K (revenue +16.7% year-over-year).
- 2018: Revenue of $254K, expenses of $276K, and assets of $679K (revenue -7.8% year-over-year).
- 2017: Revenue of $275K, expenses of $281K, and assets of $728K (revenue -9.7% year-over-year).
- 2016: Revenue of $305K, expenses of $323K, and assets of $754K (revenue +10.7% year-over-year).
- 2015: Revenue of $275K, expenses of $278K, and assets of $869K (revenue -1.3% year-over-year).
- 2014: Revenue of $279K, expenses of $279K, and assets of $889K (revenue +2.6% year-over-year).
- 2013: Revenue of $272K, expenses of $289K, and assets of $900K (revenue -4.0% year-over-year).
- 2012: Revenue of $283K, expenses of $277K, and assets of $926K (revenue +3.8% year-over-year).
- 2011: Revenue of $273K, expenses of $280K, and assets of $931K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Comstock Senior Citizens Housing Inc:
Data Sources and Methodology
This transparency report for Comstock Senior Citizens Housing 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.