Lincroft Senior Citizens Housing Corp Gage Management Corp
Lincroft Senior Citizens Housing Corp: Stable Finances, High Program Spending
EIN: 222176791 · Lincroft, NJ · Updated: 2026-04-04
Is Lincroft Senior Citizens Housing Corp Gage Management Corp Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lincroft Senior Citizens Housing Corp Gage Management Corp directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lincroft Senior Citizens Housing Corp Gage Management Corp
Lincroft Senior Citizens Housing Corp Gage Management Corp (EIN: 222176791) is a nonprofit organization based in Lincroft, NJ. The organization reported total revenue of $4.3M and total assets of $24.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lincroft Senior Citizens Housing Corp Gage Management 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 Lincroft Senior Citizens Housing Corp Gage Management Corp 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Lincroft Senior Citizens Housing Corp Gage Management Corp allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation cannot be assessed as no specific compensation figures for executives were provided in the available data.
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 Lincroft Senior Citizens Housing Corp Gage Management Corp:
- Consistent revenue growth over the past several years, from $2,781,720 in 2016 to $4,115,291 in 2023.
- Strong asset base, growing from $17,161,052 in 2016 to $22,471,214 in 2023, indicating financial stability.
- Low liabilities relative to assets, suggesting a healthy balance sheet.
Frequently Asked Questions about Lincroft Senior Citizens Housing Corp Gage Management Corp
Is Lincroft Senior Citizens Housing Corp Gage Management Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Lincroft Senior Citizens Housing Corp Gage Management Corp (EIN: 222176791) appears legitimate. Mission Score: 85/100. 0 red flags identified, 3 strengths noted.
How does Lincroft Senior Citizens Housing Corp Gage Management Corp spend its money?
Lincroft Senior Citizens Housing Corp Gage Management Corp directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lincroft Senior Citizens Housing Corp Gage Management Corp tax-deductible?
Lincroft Senior Citizens Housing Corp Gage Management Corp is registered as a tax-exempt nonprofit (EIN: 222176791). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Lincroft Senior Citizens Housing Corp Gage Management Corp do?
Lincroft Senior Citizens Housing Corp Gage Management Corp is a nonprofit organization in the Unknown sector, located in Lincroft, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Lincroft Senior Citizens Housing Corp Gage Management Corp have?
Lincroft Senior Citizens Housing Corp Gage Management Corp reported total revenue of $4,331,713. Based on 13 IRS 990 filings on record.
What are Lincroft Senior Citizens Housing Corp Gage Management Corp's total assets?
Lincroft Senior Citizens Housing Corp Gage Management Corp holds total assets of $24,001,885 as reported in IRS 990 filings.
Where is Lincroft Senior Citizens Housing Corp Gage Management Corp located?
Lincroft Senior Citizens Housing Corp Gage Management Corp is based in Lincroft, New Jersey.
What is Lincroft Senior Citizens Housing Corp Gage Management Corp's EIN?
Lincroft Senior Citizens Housing Corp Gage Management Corp's Employer Identification Number (EIN) is 222176791. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Lincroft Senior Citizens Housing Corp Gage Management Corp?
Lincroft Senior Citizens Housing Corp Gage Management Corp is classified under NTEE code Unknown (Unknown).
Is Lincroft Senior Citizens Housing Corp Gage Management Corp a registered 501(c)(3)?
Lincroft Senior Citizens Housing Corp Gage Management Corp appears in IRS records (EIN: 222176791). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Lincroft Senior Citizens Housing Corp Gage Management Corp file IRS Form 990?
Yes, Lincroft Senior Citizens Housing Corp Gage Management Corp has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Lincroft Senior Citizens Housing Corp Gage Management Corp's revenue in 2023?
In the 202312 filing period, Lincroft Senior Citizens Housing Corp Gage Management Corp reported total revenue of $4,115,291, total expenses of $2,869,734, and net assets of $22,471,214.
Is Lincroft Senior Citizens Housing Corp Gage Management Corp's revenue growing or declining?
Lincroft Senior Citizens Housing Corp Gage Management Corp's revenue is relatively stable. Revenue went from $3,936,385 (202212) to $4,115,291 (202312), a +4.5% change. Based on 13 filings on record.
What is Lincroft Senior Citizens Housing Corp Gage Management Corp's most recent 990 filing?
The most recent IRS Form 990 filing for Lincroft Senior Citizens Housing Corp Gage Management Corp covers tax period 202312. It shows revenue of $4,115,291, expenses of $2,869,734, total assets of $22,471,214, and liabilities of $706,419.
How much does Lincroft Senior Citizens Housing Corp Gage Management Corp spend on programs vs administration?
Based on IRS 990 analysis, Lincroft Senior Citizens Housing Corp Gage Management Corp allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Lincroft Senior Citizens Housing Corp Gage Management Corp a trustworthy charity?
Based on AI analysis of IRS 990 data, Lincroft Senior Citizens Housing Corp Gage Management Corp appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Lincroft Senior Citizens Housing Corp Gage Management Corp's strengths?
Positive indicators for Lincroft Senior Citizens Housing Corp Gage Management Corp include: Consistent revenue growth over the past several years, from $2,781,720 in 2016 to $4,115,291 in 2023.. Strong asset base, growing from $17,161,052 in 2016 to $22,471,214 in 2023, indicating financial stability.. Low liabilities relative to assets, suggesting a healthy balance sheet.. These findings are derived from AI analysis of the organization's financial filings.
How does Lincroft Senior Citizens Housing Corp Gage Management Corp compensate executives?
Executive compensation cannot be assessed as no specific compensation figures for executives were provided in the available data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization ensure its housing remains affordable given rising operational costs?
The provided data does not detail specific strategies for maintaining housing affordability, but consistent revenue and asset growth suggest a stable financial position that could support such initiatives.
Filing History
IRS 990 filing history for Lincroft Senior Citizens Housing Corp Gage Management Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lincroft Senior Citizens Housing Corp Gage Management Corp's revenue has grown by 44.8%, moving from $2.8M to $4.1M. Total assets increased by 42% over the same period, from $15.8M to $22.5M. Total functional expenses rose by 17.9%, from $2.4M to $2.9M. In its most recent filing year (2023), Lincroft Senior Citizens Housing Corp Gage Management Corp reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $706K in liabilities against $22.5M in assets (debt-to-asset ratio: 3.1%), resulting in net assets of $21.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $4.1M | $2.9M | $22.5M | $706K | — | — |
| 2022 | $3.9M | $4.6M | $20.9M | $510K | — | View 990 |
| 2021 | $3.9M | $2.5M | $21.7M | $538K | — | View 990 |
| 2020 | $3.5M | $2.4M | $20.3M | $587K | — | View 990 |
| 2019 | $3.0M | $2.5M | $18.9M | $550K | — | View 990 |
| 2018 | $2.9M | $2.6M | $17.9M | $566K | — | View 990 |
| 2017 | $2.8M | $2.3M | $17.5M | $589K | — | — |
| 2016 | $2.8M | $2.3M | $17.2M | $851K | — | View 990 |
| 2015 | $2.7M | $2.4M | $16.6M | $846K | — | View 990 |
| 2014 | $2.7M | $3.9M | $16.0M | $831K | — | View 990 |
| 2013 | $2.8M | $2.4M | $17.2M | $3.5M | — | View 990 |
| 2012 | $2.8M | $2.3M | $16.5M | $3.3M | — | View 990 |
| 2011 | $2.8M | $2.4M | $15.8M | $3.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.1M, expenses of $2.9M, and assets of $22.5M (revenue +4.5% year-over-year).
- 2022: Revenue of $3.9M, expenses of $4.6M, and assets of $20.9M (revenue +2.0% year-over-year).
- 2021: Revenue of $3.9M, expenses of $2.5M, and assets of $21.7M (revenue +11.9% year-over-year).
- 2020: Revenue of $3.5M, expenses of $2.4M, and assets of $20.3M (revenue +16.6% year-over-year).
- 2019: Revenue of $3.0M, expenses of $2.5M, and assets of $18.9M (revenue +3.2% year-over-year).
- 2018: Revenue of $2.9M, expenses of $2.6M, and assets of $17.9M (revenue +1.6% year-over-year).
- 2017: Revenue of $2.8M, expenses of $2.3M, and assets of $17.5M (revenue +1.5% year-over-year).
- 2016: Revenue of $2.8M, expenses of $2.3M, and assets of $17.2M (revenue +3.0% year-over-year).
- 2015: Revenue of $2.7M, expenses of $2.4M, and assets of $16.6M (revenue +0.3% year-over-year).
- 2014: Revenue of $2.7M, expenses of $3.9M, and assets of $16.0M (revenue -4.4% year-over-year).
- 2013: Revenue of $2.8M, expenses of $2.4M, and assets of $17.2M (revenue +0.2% year-over-year).
- 2012: Revenue of $2.8M, expenses of $2.3M, and assets of $16.5M (revenue -1.1% year-over-year).
- 2011: Revenue of $2.8M, expenses of $2.4M, and assets of $15.8M.
Data Sources and Methodology
This transparency report for Lincroft Senior Citizens Housing Corp Gage Management 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.