Ideal Senior Living Center Housing Corporation
Ideal Senior Living Center: Stable Revenue, Declining Assets, and High Liabilities
EIN: 222902899 · Endicott, NY · NTEE: P75Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $3.6M |
| Total Expenses | $4.0M |
| Program Spending | 75% |
| Net Assets | $-1,732,525 |
| Transparency Score | 70/100 |
Is Ideal Senior Living Center Housing Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ideal Senior Living Center Housing Corporation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ideal Senior Living Center Housing Corporation
Ideal Senior Living Center Housing Corporation (EIN: 222902899) is a nonprofit organization based in Endicott, NY, classified under NTEE code P75Z. The organization reported total revenue of $3.6M and total assets of $6.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ideal Senior Living Center Housing Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ideal Senior Living Center Housing Corporation is a mid-size nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.6M |
| Total Expenses | $4.0M |
| Surplus / Deficit | $-419,630 |
| Total Assets | $7.4M |
| Total Liabilities | $9.1M |
| Net Assets | $-1,732,525 |
| Operating Margin | -11.6% |
| Debt-to-Asset Ratio | 123.5% |
| Months of Reserves | 21.9 months |
Financial Health Grade: C
In 2023, Ideal Senior Living Center Housing Corporation reported a deficit of $420K with expenses exceeding revenue, holds 21.9 months of operating reserves (strong position), has a debt-to-asset ratio of 123.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ideal Senior Living Center Housing Corporation's revenue has grown at a compound annual growth rate (CAGR) of 0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.5% | +2.9% | -20.4% |
| 2022 | +6.7% | +1.4% | +1.4% |
| 2021 | -12.7% | -1.2% | -4.7% |
| 2020 | +1.4% | -3.8% | +1.3% |
| 2019 | -3.7% | +1.0% | -1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
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 Ideal Senior Living Center Housing Corporation with a Mission Score of 70 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Ideal Senior Living Center Housing Corporation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 deficit of $420K, with expenses exceeding revenue.
- Debt-to-asset ratio: 123.5%.
Executive Compensation Analysis
The filings consistently report 'c0%' for compensation, suggesting that executive compensation is either not paid or not reported in the provided data, which is unusual for an organization of this size and requires clarification.
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 Ideal Senior Living Center Housing Corporation's IRS 990 filings:
- Consistent 'c0%' compensation reported across all years raises questions about how leadership is compensated or if this data point is incomplete.
- Total assets have steadily declined from $10,312,602 in 2016 to $7,366,836 in 2023, while liabilities remain high, indicating potential long-term financial strain.
- Liabilities consistently exceed assets, with $9,099,361 in liabilities against $7,366,836 in assets in 2023, suggesting a precarious financial position.
Strengths
The following positive indicators were identified for Ideal Senior Living Center Housing Corporation:
- Revenue has remained relatively stable over the years, hovering around $3.6 million, indicating a consistent funding base.
- The organization has a long operating history, with data available back to 2016, suggesting established operations in senior living.
Frequently Asked Questions about Ideal Senior Living Center Housing Corporation
Is Ideal Senior Living Center Housing Corporation a legitimate charity?
Ideal Senior Living Center Housing Corporation (EIN: 222902899) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.6M. 3 red flags identified. 2 strengths noted. Financial health grade: C.
How does Ideal Senior Living Center Housing Corporation spend its money?
Ideal Senior Living Center Housing Corporation directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Ideal Senior Living Center Housing Corporation tax-deductible?
Ideal Senior Living Center Housing Corporation is registered as a tax-exempt nonprofit (EIN: 222902899). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ideal Senior Living Center Housing Corporation's spending goes to programs?
Ideal Senior Living Center Housing Corporation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ideal Senior Living Center Housing Corporation compare to similar nonprofits?
With a transparency score of 70/100 (Good), Ideal Senior Living Center Housing Corporation is above average for NTEE category P75Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ideal Senior Living Center Housing Corporation located?
Ideal Senior Living Center Housing Corporation is headquartered in Endicott, New York and files with the IRS under EIN 222902899. It is classified under NTEE code P75Z.
How many years of IRS 990 filings does Ideal Senior Living Center Housing Corporation have?
Ideal Senior Living Center Housing Corporation 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 $3.6M in total revenue.
What does Ideal Senior Living Center Housing Corporation do?
Ideal Senior Living Center Housing Corporation is a nonprofit organization in the Human Services sector, located in Endicott, New York. It is classified under NTEE code P75Z.
How much revenue does Ideal Senior Living Center Housing Corporation have?
Ideal Senior Living Center Housing Corporation reported total revenue of $3,625,125. Based on 13 IRS 990 filings on record.
What are Ideal Senior Living Center Housing Corporation's total assets?
Ideal Senior Living Center Housing Corporation holds total assets of $6,795,318 as reported in IRS 990 filings.
Where is Ideal Senior Living Center Housing Corporation located?
Ideal Senior Living Center Housing Corporation is based in Endicott, New York.
What is Ideal Senior Living Center Housing Corporation's EIN?
Ideal Senior Living Center Housing Corporation's Employer Identification Number (EIN) is 222902899. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Ideal Senior Living Center Housing Corporation?
Ideal Senior Living Center Housing Corporation is classified under NTEE code P75Z (Human Services).
Is Ideal Senior Living Center Housing Corporation a registered 501(c)(3)?
Yes, Ideal Senior Living Center Housing Corporation is recognized as a tax-exempt organization by the IRS. EIN: 222902899.
Does Ideal Senior Living Center Housing Corporation file IRS Form 990?
Yes, Ideal Senior Living Center Housing Corporation has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Ideal Senior Living Center Housing Corporation's revenue in 2023?
In the 202312 filing period, Ideal Senior Living Center Housing Corporation reported total revenue of $3,622,091, total expenses of $4,041,721, and net assets of $7,366,836.
Is Ideal Senior Living Center Housing Corporation's revenue growing or declining?
Ideal Senior Living Center Housing Corporation's revenue is relatively stable. Revenue went from $3,604,457 (202212) to $3,622,091 (202312), a +0.5% change. Based on 13 filings on record.
What is Ideal Senior Living Center Housing Corporation's most recent 990 filing?
The most recent IRS Form 990 filing for Ideal Senior Living Center Housing Corporation covers tax period 202312. It shows revenue of $3,622,091, expenses of $4,041,721, total assets of $7,366,836, and liabilities of $9,099,361.
How much does Ideal Senior Living Center Housing Corporation spend on programs vs administration?
Based on IRS 990 analysis, Ideal Senior Living Center Housing Corporation allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Ideal Senior Living Center Housing Corporation a trustworthy charity?
Based on AI analysis of IRS 990 data, Ideal Senior Living Center Housing Corporation appears trustworthy. Mission Score: 70/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Ideal Senior Living Center Housing Corporation?
The following concerns were identified: Consistent 'c0%' compensation reported across all years raises questions about how leadership is compensated or if this data point is incomplete.. Total assets have steadily declined from $10,312,602 in 2016 to $7,366,836 in 2023, while liabilities remain high, indicating potential long-term financial strain.. Liabilities consistently exceed assets, with $9,099,361 in liabilities against $7,366,836 in assets in 2023, suggesting a precarious financial position.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Ideal Senior Living Center Housing Corporation's strengths?
Positive indicators for Ideal Senior Living Center Housing Corporation include: Revenue has remained relatively stable over the years, hovering around $3.6 million, indicating a consistent funding base.. The organization has a long operating history, with data available back to 2016, suggesting established operations in senior living.. These findings are derived from AI analysis of the organization's financial filings.
How does Ideal Senior Living Center Housing Corporation compensate executives?
The filings consistently report 'c0%' for compensation, suggesting that executive compensation is either not paid or not reported in the provided data, which is unusual for an organization of this size and requires clarification. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent 'c0%' compensation reported, how does Ideal Senior Living Center Housing Corporation attract and retain leadership, and what is the actual compensation structure for its key personnel?
The consistent reporting of 'c0%' for compensation in the provided data is highly unusual for a nonprofit of this scale. It suggests either that key personnel are volunteers, compensated through an unrecorded mechanism, or that the reporting is incomplete. Without further detail, it's impossible to understand the true compensation structure or how the organization ensures leadership stability.
What is the strategic plan to address the persistent decline in assets and the high level of liabilities, which consistently exceed assets?
The data shows a concerning trend of declining assets and liabilities consistently surpassing assets. For example, in 2023, assets were $7,366,836 while liabilities were $9,099,361. This indicates a potential solvency issue. A strategic plan would need to outline how the organization intends to increase its asset base, reduce its debt, or both, to ensure long-term financial viability.
Filing History
IRS 990 filing history for Ideal Senior Living Center Housing Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ideal Senior Living Center Housing Corporation's revenue has grown by 7.9%, moving from $3.4M to $3.6M. Total assets decreased by 41.5% over the same period, from $12.6M to $7.4M. Total functional expenses rose by 16.7%, from $3.5M to $4.0M. In its most recent filing year (2023), Ideal Senior Living Center Housing Corporation reported a deficit of $420K, with expenses exceeding revenue. The organization holds $9.1M in liabilities against $7.4M in assets (debt-to-asset ratio: 123.5%), resulting in net assets of $-1,732,525.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.6M | $4.0M | $7.4M | $9.1M | — | — |
| 2022 | $3.6M | $3.9M | $9.3M | $10.6M | — | — |
| 2021 | $3.4M | $3.9M | $9.1M | $9.8M | — | View 990 |
| 2020 | $3.9M | $3.9M | $9.6M | $10.0M | — | View 990 |
| 2019 | $3.8M | $4.1M | $9.5M | $9.9M | — | View 990 |
| 2018 | $4.0M | $4.0M | $9.6M | $10.0M | — | View 990 |
| 2017 | $4.0M | $3.9M | $10.2M | $10.3M | — | View 990 |
| 2016 | $3.6M | $3.6M | $10.3M | $10.7M | — | View 990 |
| 2015 | $3.7M | $3.6M | $10.8M | $11.3M | — | View 990 |
| 2014 | $3.6M | $3.7M | $11.3M | $11.8M | — | View 990 |
| 2013 | $3.6M | $3.6M | $11.8M | $12.2M | — | View 990 |
| 2012 | $3.6M | $3.6M | $12.2M | $12.6M | — | View 990 |
| 2011 | $3.4M | $3.5M | $12.6M | $13.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.6M, expenses of $4.0M, and assets of $7.4M (revenue +0.5% year-over-year).
- 2022: Revenue of $3.6M, expenses of $3.9M, and assets of $9.3M (revenue +6.7% year-over-year).
- 2021: Revenue of $3.4M, expenses of $3.9M, and assets of $9.1M (revenue -12.7% year-over-year).
- 2020: Revenue of $3.9M, expenses of $3.9M, and assets of $9.6M (revenue +1.4% year-over-year).
- 2019: Revenue of $3.8M, expenses of $4.1M, and assets of $9.5M (revenue -3.7% year-over-year).
- 2018: Revenue of $4.0M, expenses of $4.0M, and assets of $9.6M (revenue -1.5% year-over-year).
- 2017: Revenue of $4.0M, expenses of $3.9M, and assets of $10.2M (revenue +11.2% year-over-year).
- 2016: Revenue of $3.6M, expenses of $3.6M, and assets of $10.3M (revenue -2.5% year-over-year).
- 2015: Revenue of $3.7M, expenses of $3.6M, and assets of $10.8M (revenue +3.8% year-over-year).
- 2014: Revenue of $3.6M, expenses of $3.7M, and assets of $11.3M (revenue +0.2% year-over-year).
- 2013: Revenue of $3.6M, expenses of $3.6M, and assets of $11.8M (revenue +0.6% year-over-year).
- 2012: Revenue of $3.6M, expenses of $3.6M, and assets of $12.2M (revenue +5.9% year-over-year).
- 2011: Revenue of $3.4M, expenses of $3.5M, and assets of $12.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ideal Senior Living Center Housing Corporation:
Data Sources and Methodology
This transparency report for Ideal Senior Living Center Housing Corporation 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.