Eagle Rock Senior Citizens Housing Assoc
Eagle Rock Senior Citizens Housing Assoc: Stable Finances, Consistent Mission
EIN: 222132899 · West Orange, NJ · NTEE: L22Z · Updated: 2026-04-04
Is Eagle Rock Senior Citizens Housing Assoc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Eagle Rock Senior Citizens Housing Assoc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Eagle Rock Senior Citizens Housing Assoc
Eagle Rock Senior Citizens Housing Assoc (EIN: 222132899) is a nonprofit organization based in West Orange, NJ, classified under NTEE code L22Z. The organization reported total revenue of $3.3M and total assets of $6.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eagle Rock Senior Citizens Housing Assoc'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 Eagle Rock Senior Citizens Housing Assoc with a Mission Score of 85 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Eagle Rock Senior Citizens Housing Assoc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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, suggesting a volunteer-led board or management structure, which can be efficient but warrants understanding of operational oversight.
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.
Strengths
The following positive indicators were identified for Eagle Rock Senior Citizens Housing Assoc:
- Consistent revenue generation and asset growth over the past several years, indicating financial stability.
- Low liability-to-asset ratio, demonstrating strong financial health.
- Consistent mission focus on senior citizen housing as evidenced by program expenses.
- Efficient spending with a high percentage of expenses allocated to programs.
Frequently Asked Questions about Eagle Rock Senior Citizens Housing Assoc
Is Eagle Rock Senior Citizens Housing Assoc a legitimate charity?
Based on AI analysis of IRS 990 filings, Eagle Rock Senior Citizens Housing Assoc (EIN: 222132899) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Eagle Rock Senior Citizens Housing Assoc spend its money?
Eagle Rock Senior Citizens Housing Assoc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Eagle Rock Senior Citizens Housing Assoc tax-deductible?
Eagle Rock Senior Citizens Housing Assoc is registered as a tax-exempt nonprofit (EIN: 222132899). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Eagle Rock Senior Citizens Housing Assoc do?
Eagle Rock Senior Citizens Housing Assoc is a nonprofit organization in the Housing & Shelter sector, located in West Orange, New Jersey. It is classified under NTEE code L22Z.
How much revenue does Eagle Rock Senior Citizens Housing Assoc have?
Eagle Rock Senior Citizens Housing Assoc reported total revenue of $3,289,965. Based on 13 IRS 990 filings on record.
What are Eagle Rock Senior Citizens Housing Assoc's total assets?
Eagle Rock Senior Citizens Housing Assoc holds total assets of $6,836,440 as reported in IRS 990 filings.
Where is Eagle Rock Senior Citizens Housing Assoc located?
Eagle Rock Senior Citizens Housing Assoc is based in West Orange, New Jersey.
What is Eagle Rock Senior Citizens Housing Assoc's EIN?
Eagle Rock Senior Citizens Housing Assoc's Employer Identification Number (EIN) is 222132899. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Eagle Rock Senior Citizens Housing Assoc?
Eagle Rock Senior Citizens Housing Assoc is classified under NTEE code L22Z (Housing & Shelter).
Is Eagle Rock Senior Citizens Housing Assoc a registered 501(c)(3)?
Yes, Eagle Rock Senior Citizens Housing Assoc is recognized as a tax-exempt organization by the IRS. EIN: 222132899.
Does Eagle Rock Senior Citizens Housing Assoc file IRS Form 990?
Yes, Eagle Rock Senior Citizens Housing Assoc has 13 IRS Form 990 filings on record. The most recent covers tax period 202403.
What was Eagle Rock Senior Citizens Housing Assoc's revenue in 2024?
In the 202403 filing period, Eagle Rock Senior Citizens Housing Assoc reported total revenue of $2,829,589, total expenses of $1,793,598, and net assets of $5,357,474.
Is Eagle Rock Senior Citizens Housing Assoc's revenue growing or declining?
Eagle Rock Senior Citizens Housing Assoc's revenue is growing. Revenue went from $2,198,016 (202303) to $2,829,589 (202403), a +28.7% change. Based on 13 filings on record.
What is Eagle Rock Senior Citizens Housing Assoc's most recent 990 filing?
The most recent IRS Form 990 filing for Eagle Rock Senior Citizens Housing Assoc covers tax period 202403. It shows revenue of $2,829,589, expenses of $1,793,598, total assets of $5,357,474, and liabilities of $101,433.
How much does Eagle Rock Senior Citizens Housing Assoc spend on programs vs administration?
Based on IRS 990 analysis, Eagle Rock Senior Citizens Housing Assoc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Eagle Rock Senior Citizens Housing Assoc a trustworthy charity?
Based on AI analysis of IRS 990 data, Eagle Rock Senior Citizens Housing Assoc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Eagle Rock Senior Citizens Housing Assoc's strengths?
Positive indicators for Eagle Rock Senior Citizens Housing Assoc include: Consistent revenue generation and asset growth over the past several years, indicating financial stability.. Low liability-to-asset ratio, demonstrating strong financial health.. Consistent mission focus on senior citizen housing as evidenced by program expenses.. Efficient spending with a high percentage of expenses allocated to programs.. These findings are derived from AI analysis of the organization's financial filings.
How does Eagle Rock Senior Citizens Housing Assoc compensate executives?
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led board or management structure, which can be efficient but warrants understanding of operational oversight. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the reported $0 executive compensation, how does the organization ensure effective day-to-day management and strategic oversight?
The organization likely relies on a dedicated volunteer board, pro-bono services, or a management company whose fees are categorized under other expenses, rather than direct executive compensation. Further inquiry into their operational model would clarify this.
What is the primary source of revenue that has allowed for consistent asset growth despite relatively stable expenses?
While specific revenue streams aren't detailed in the provided data, the consistent growth in assets suggests a combination of rental income from housing units and potentially investment income or grants that exceed operational expenses and are reinvested.
Filing History
IRS 990 filing history for Eagle Rock Senior Citizens Housing Assoc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Eagle Rock Senior Citizens Housing Assoc's revenue has grown by 133.5%, moving from $1.2M to $2.8M. Total assets increased by 115.7% over the same period, from $2.5M to $5.4M. Total functional expenses rose by 52.5%, from $1.2M to $1.8M. In its most recent filing year (2024), Eagle Rock Senior Citizens Housing Assoc reported a surplus of $1.0M, with revenue exceeding expenses. The organization holds $101K in liabilities against $5.4M in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $5.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $2.8M | $1.8M | $5.4M | $101K | — | View 990 |
| 2023 | $2.2M | $1.6M | $4.3M | $105K | — | View 990 |
| 2022 | $2.1M | $1.6M | $3.8M | $94K | — | View 990 |
| 2021 | $2.1M | $1.4M | $3.2M | $82K | — | — |
| 2020 | $2.0M | $1.6M | $2.7M | $216K | — | View 990 |
| 2019 | $1.9M | $1.4M | $2.6M | $599K | — | View 990 |
| 2018 | $1.8M | $1.3M | $2.5M | $983K | — | View 990 |
| 2017 | $1.7M | $1.3M | $2.4M | $1.3M | — | View 990 |
| 2016 | $1.7M | $1.4M | $2.3M | $1.6M | — | View 990 |
| 2015 | $1.7M | $1.4M | $2.3M | $1.9M | — | View 990 |
| 2014 | $1.6M | $1.3M | $2.3M | $2.2M | — | View 990 |
| 2013 | $1.2M | $1.2M | $2.3M | $2.5M | — | View 990 |
| 2012 | $1.2M | $1.2M | $2.5M | $2.7M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.8M, expenses of $1.8M, and assets of $5.4M (revenue +28.7% year-over-year).
- 2023: Revenue of $2.2M, expenses of $1.6M, and assets of $4.3M (revenue +3.6% year-over-year).
- 2022: Revenue of $2.1M, expenses of $1.6M, and assets of $3.8M (revenue +2.1% year-over-year).
- 2021: Revenue of $2.1M, expenses of $1.4M, and assets of $3.2M (revenue +2.3% year-over-year).
- 2020: Revenue of $2.0M, expenses of $1.6M, and assets of $2.7M (revenue +5.7% year-over-year).
- 2019: Revenue of $1.9M, expenses of $1.4M, and assets of $2.6M (revenue +9.0% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.3M, and assets of $2.5M (revenue +1.2% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.3M, and assets of $2.4M (revenue +1.4% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.4M, and assets of $2.3M (revenue +1.4% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.4M, and assets of $2.3M (revenue +3.2% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.3M, and assets of $2.3M (revenue +34.5% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.2M, and assets of $2.3M (revenue +0.8% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.2M, and assets of $2.5M.
Data Sources and Methodology
This transparency report for Eagle Rock Senior Citizens Housing Assoc 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.