Pioneer Place Senior Housing Inc
Pioneer Place Senior Housing Inc. consistently operates with expenses exceeding revenue, relying on substantial assets.
EIN: 201237539 · Plano, TX · NTEE: L22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $951K |
| Total Expenses | $685K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $950,628. |
| Net Assets | $2.9M |
| Transparency Score | 85/100 |
Is Pioneer Place Senior Housing Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pioneer Place Senior Housing Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pioneer Place Senior Housing Inc
Pioneer Place Senior Housing Inc (EIN: 201237539) is a nonprofit organization based in Plano, TX, classified under NTEE code L22. The organization reported total revenue of $951K and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pioneer Place Senior Housing Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pioneer Place Senior Housing Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $678K |
| Total Expenses | $685K |
| Surplus / Deficit | $-7,075 |
| Total Assets | $3.0M |
| Total Liabilities | $107K |
| Net Assets | $2.9M |
| Operating Margin | -1.0% |
| Debt-to-Asset Ratio | 3.5% |
| Months of Reserves | 52.9 months |
Financial Health Grade: B
In 2023, Pioneer Place Senior Housing Inc reported a deficit of $7K with expenses exceeding revenue, holds 52.9 months of operating reserves (strong position), has a debt-to-asset ratio of 3.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Pioneer Place Senior Housing Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +26.3% | +9.9% | -2.4% |
| 2022 | +0.2% | +1.7% | +1.2% |
| 2021 | +13.3% | -5.8% | -2.2% |
| 2020 | +0.1% | +1.1% | -3.0% |
| 2019 | +8.5% | +5.3% | -4.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Pioneer Place Senior Housing Inc 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Pioneer Place Senior Housing Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% 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 $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly favorable for a nonprofit of its size with latest revenue of $950,628.
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 Pioneer Place Senior Housing Inc's IRS 990 filings:
- Consistent deficit spending (expenses exceeding revenue) in recent years, e.g., $684,705 expenses vs. $677,630 revenue in 202308.
- Gradual decline in total assets over the past decade, from $3,869,610 in 201408 to $3,016,940 in 202308.
Strengths
The following positive indicators were identified for Pioneer Place Senior Housing Inc:
- Zero officer compensation reported across all filings, indicating high efficiency in directing funds to mission.
- Substantial asset base ($3,016,940 in 202308) provides financial stability despite operational deficits.
- Consistent and transparent IRS 990 filing history (13 filings).
Frequently Asked Questions about Pioneer Place Senior Housing Inc
Is Pioneer Place Senior Housing Inc a legitimate charity?
Pioneer Place Senior Housing Inc (EIN: 201237539) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $951K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Pioneer Place Senior Housing Inc spend its money?
Pioneer Place Senior Housing Inc directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Pioneer Place Senior Housing Inc tax-deductible?
Pioneer Place Senior Housing Inc is registered as a tax-exempt nonprofit (EIN: 201237539). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Pioneer Place Senior Housing Inc CEO make?
Pioneer Place Senior Housing Inc's highest-compensated officer earns $950,628. annually. The organization reported $951K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Pioneer Place Senior Housing Inc's spending goes to programs?
Pioneer Place Senior Housing Inc directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Pioneer Place Senior Housing Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Pioneer Place Senior Housing Inc is above average for NTEE category L22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Pioneer Place Senior Housing Inc located?
Pioneer Place Senior Housing Inc is headquartered in Plano, Texas and files with the IRS under EIN 201237539. It is classified under NTEE code L22.
How many years of IRS 990 filings does Pioneer Place Senior Housing Inc have?
Pioneer Place Senior 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 $951K in total revenue.
Is Pioneer Place Senior Housing Inc a good charity?
Based on the available data, Pioneer Place Senior Housing Inc. appears to be a good charity, particularly due to its commitment to 0% officer compensation and substantial asset base. However, its consistent deficit spending (e.g., $684,705 expenses vs. $677,630 revenue in 202308) suggests a need for a sustainable financial plan.
How does Pioneer Place Senior Housing Inc fund its operations given consistent deficits?
The organization consistently reports expenses exceeding revenue, for example, in 202308, expenses were $684,705 while revenue was $677,630. This suggests it likely draws from its significant asset base, which was $3,016,940 in 202308, or relies on other non-operating income not detailed in the summary.
What is the trend in the organization's assets?
The organization's assets have shown a gradual decline over the years, from $3,869,610 in 201408 to $3,016,940 in 202308. This trend, coupled with consistent deficit spending, suggests assets are being utilized to cover operational shortfalls.
Filing History
IRS 990 filing history for Pioneer Place Senior Housing Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Pioneer Place Senior Housing Inc's revenue has grown by 77.3%, moving from $382K to $678K. Total assets decreased by 25.9% over the same period, from $4.1M to $3.0M. Total functional expenses rose by 64.2%, from $417K to $685K. In its most recent filing year (2023), Pioneer Place Senior Housing Inc reported a deficit of $7K, with expenses exceeding revenue. The organization holds $107K in liabilities against $3.0M in assets (debt-to-asset ratio: 3.5%), resulting in net assets of $2.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $678K | $685K | $3.0M | $107K | — | View 990 |
| 2022 | $536K | $623K | $3.1M | $175K | — | View 990 |
| 2021 | $535K | $613K | $3.1M | $168K | — | View 990 |
| 2020 | $472K | $651K | $3.1M | $182K | — | — |
| 2019 | $472K | $643K | $3.2M | $148K | — | View 990 |
| 2018 | $435K | $611K | $3.4M | $126K | — | View 990 |
| 2017 | $435K | $581K | $3.5M | $108K | — | View 990 |
| 2016 | $414K | $556K | $3.6M | $58K | — | View 990 |
| 2015 | $396K | $479K | $3.8M | $86K | — | View 990 |
| 2014 | $396K | $472K | $3.9M | $78K | — | View 990 |
| 2013 | $395K | $464K | $4.0M | $85K | — | View 990 |
| 2012 | $401K | $431K | $4.0M | $73K | — | View 990 |
| 2011 | $382K | $417K | $4.1M | $105K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $678K, expenses of $685K, and assets of $3.0M (revenue +26.3% year-over-year).
- 2022: Revenue of $536K, expenses of $623K, and assets of $3.1M (revenue +0.2% year-over-year).
- 2021: Revenue of $535K, expenses of $613K, and assets of $3.1M (revenue +13.3% year-over-year).
- 2020: Revenue of $472K, expenses of $651K, and assets of $3.1M (revenue +0.1% year-over-year).
- 2019: Revenue of $472K, expenses of $643K, and assets of $3.2M (revenue +8.5% year-over-year).
- 2018: Revenue of $435K, expenses of $611K, and assets of $3.4M (revenue +0.0% year-over-year).
- 2017: Revenue of $435K, expenses of $581K, and assets of $3.5M (revenue +5.1% year-over-year).
- 2016: Revenue of $414K, expenses of $556K, and assets of $3.6M (revenue +4.6% year-over-year).
- 2015: Revenue of $396K, expenses of $479K, and assets of $3.8M (revenue -0.1% year-over-year).
- 2014: Revenue of $396K, expenses of $472K, and assets of $3.9M (revenue +0.1% year-over-year).
- 2013: Revenue of $395K, expenses of $464K, and assets of $4.0M (revenue -1.4% year-over-year).
- 2012: Revenue of $401K, expenses of $431K, and assets of $4.0M (revenue +4.9% year-over-year).
- 2011: Revenue of $382K, expenses of $417K, and assets of $4.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pioneer Place Senior Housing Inc:
Data Sources and Methodology
This transparency report for Pioneer Place Senior 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.