Plaza Nursing Home Company Inc
Plaza Nursing Home Company Inc. maintains stable operations with growing assets but also increasing liabilities.
EIN: 160955793 · Cicero, NY · NTEE: E91Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $20.1M |
| Total Expenses | $17.3M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $20 |
| Net Assets | $-454,348 |
| Transparency Score | 85/100 |
Is Plaza Nursing Home Company Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Plaza Nursing Home Company Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Plaza Nursing Home Company Inc
Plaza Nursing Home Company Inc (EIN: 160955793) is a nonprofit organization based in Cicero, NY, classified under NTEE code E91Z. The organization reported total revenue of $20.1M and total assets of $28.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Plaza Nursing Home Company Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Plaza Nursing Home Company Inc is a large nonprofit that has been operating for 58 years, with 12 years of IRS 990 filings on record (2010–2021). Revenue has grown at a compound annual rate of -0.8%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $16.0M |
| Total Expenses | $17.3M |
| Surplus / Deficit | $-1,286,400 |
| Total Assets | $30.4M |
| Total Liabilities | $30.9M |
| Net Assets | $-454,348 |
| Operating Margin | -8.0% |
| Debt-to-Asset Ratio | 101.5% |
| Months of Reserves | 21.1 months |
Financial Health Grade: C
In 2021, Plaza Nursing Home Company Inc reported a deficit of $1.3M with expenses exceeding revenue, holds 21.1 months of operating reserves (strong position), has a debt-to-asset ratio of 101.5% (high leverage).
Financial Trends
Over 12 years of filings (2010–2021), Plaza Nursing Home Company Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -10.0% | -7.6% | -5.8% |
| 2020 | -6.4% | +3.7% | +212.6% |
| 2019 | -4.1% | -1.8% | +17.5% |
| 2018 | +4.9% | +0.5% | +17.5% |
| 2017 | +1.8% | -0.1% | +1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1968 |
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 Plaza Nursing Home Company 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, Plaza Nursing Home Company 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.3M, with expenses exceeding revenue.
- Debt-to-asset ratio: 101.5%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting either that no officers receive compensation or that compensation is structured in a way not reported in this section of the 990, which is a notable point for an organization with over $20 million in latest revenue.
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 Plaza Nursing Home Company Inc's IRS 990 filings:
- Consistent reporting of 0% officer compensation for an organization with over $20M in revenue, which may obscure actual executive remuneration.
- Liabilities frequently exceed assets, indicating a potentially high debt burden or significant deferred obligations (e.g., 2021: $30.8M liabilities vs $30.4M assets).
Strengths
The following positive indicators were identified for Plaza Nursing Home Company Inc:
- Strong program focus, consistent with its NTEE code and mission as a nursing home.
- Consistent filing history over 12 periods, indicating good compliance and transparency in reporting.
- Significant growth in assets over recent years, from $7.4M in 2017 to $30.4M in 2021, suggesting expansion or investment.
- Generally stable revenue streams, with latest revenue at $20,088,138.
Frequently Asked Questions about Plaza Nursing Home Company Inc
Is Plaza Nursing Home Company Inc a legitimate charity?
Plaza Nursing Home Company Inc (EIN: 160955793) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $20.1M. 2 red flags identified. 4 strengths noted. Financial health grade: C.
How does Plaza Nursing Home Company Inc spend its money?
Plaza Nursing Home Company Inc directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Plaza Nursing Home Company Inc tax-deductible?
Plaza Nursing Home Company Inc is registered as a tax-exempt nonprofit (EIN: 160955793). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Plaza Nursing Home Company Inc CEO make?
Plaza Nursing Home Company Inc's highest-compensated officer earns $20 annually. The organization reported $20.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Plaza Nursing Home Company Inc's spending goes to programs?
Plaza Nursing Home Company Inc directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Plaza Nursing Home Company Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Plaza Nursing Home Company Inc is above average for NTEE category E91Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Plaza Nursing Home Company Inc located?
Plaza Nursing Home Company Inc is headquartered in Cicero, New York and files with the IRS under EIN 160955793. It is classified under NTEE code E91Z.
How many years of IRS 990 filings does Plaza Nursing Home Company Inc have?
Plaza Nursing Home Company Inc has 12 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 $20.1M in total revenue.
Is Plaza Nursing Home Company Inc. financially stable?
The organization shows general financial stability with consistent revenue streams. While some years show expenses slightly exceeding revenue (e.g., 2021 with $17.3M expenses vs $16M revenue), other years show surpluses (e.g., 2019 with $19M revenue vs $18M expenses). The significant increase in assets from $7.4M in 2017 to $30.4M in 2021, alongside rising liabilities, indicates active financial management.
Why is officer compensation reported as 0%?
The consistent reporting of 0% officer compensation across all 12 filings is unusual for an organization of this size and revenue. It could indicate that executive functions are performed by volunteers, compensated through a related entity, or that compensation is categorized differently on the 990, warranting further inquiry.
What is the trend in the organization's assets and liabilities?
Assets have shown substantial growth, from $7,486,641 in 2017 to $30,443,685 in 2021. However, liabilities have also increased significantly, often exceeding assets, such as $30,898,033 in liabilities against $30,443,685 in assets in 2021, suggesting a reliance on debt or other obligations.
Filing History
IRS 990 filing history for Plaza Nursing Home Company Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2010–2021), Plaza Nursing Home Company Inc's revenue has declined by 8.1%, moving from $17.5M to $16.0M. Total assets increased by 448.5% over the same period, from $5.6M to $30.4M. Total functional expenses fell by 0.6%, from $17.4M to $17.3M. In its most recent filing year (2021), Plaza Nursing Home Company Inc reported a deficit of $1.3M, with expenses exceeding revenue. The organization holds $30.9M in liabilities against $30.4M in assets (debt-to-asset ratio: 101.5%), resulting in net assets of $-454,348.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $16.0M | $17.3M | $30.4M | $30.9M | — | View 990 |
| 2020 | $17.8M | $18.8M | $32.3M | $31.5M | — | — |
| 2019 | $19.1M | $18.1M | $10.3M | $10.9M | — | View 990 |
| 2018 | $19.9M | $18.4M | $8.8M | $10.3M | — | View 990 |
| 2017 | $18.9M | $18.3M | $7.5M | $10.4M | — | — |
| 2016 | $18.6M | $18.4M | $7.4M | $10.9M | — | View 990 |
| 2015 | $17.0M | $18.3M | $7.0M | $10.9M | — | View 990 |
| 2014 | $7.3M | $14.4M | $7.0M | $9.6M | — | View 990 |
| 2013 | $21.6M | $17.0M | $10.3M | $6.6M | — | View 990 |
| 2012 | $16.3M | $17.7M | $7.0M | $7.9M | — | View 990 |
| 2011 | $17.3M | $17.4M | $6.3M | $5.8M | — | View 990 |
| 2010 | $17.5M | $17.4M | $5.6M | $5.0M | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $16.0M, expenses of $17.3M, and assets of $30.4M (revenue -10.0% year-over-year).
- 2020: Revenue of $17.8M, expenses of $18.8M, and assets of $32.3M (revenue -6.4% year-over-year).
- 2019: Revenue of $19.1M, expenses of $18.1M, and assets of $10.3M (revenue -4.1% year-over-year).
- 2018: Revenue of $19.9M, expenses of $18.4M, and assets of $8.8M (revenue +4.9% year-over-year).
- 2017: Revenue of $18.9M, expenses of $18.3M, and assets of $7.5M (revenue +1.8% year-over-year).
- 2016: Revenue of $18.6M, expenses of $18.4M, and assets of $7.4M (revenue +9.7% year-over-year).
- 2015: Revenue of $17.0M, expenses of $18.3M, and assets of $7.0M (revenue +131.5% year-over-year).
- 2014: Revenue of $7.3M, expenses of $14.4M, and assets of $7.0M (revenue -66.0% year-over-year).
- 2013: Revenue of $21.6M, expenses of $17.0M, and assets of $10.3M (revenue +32.0% year-over-year).
- 2012: Revenue of $16.3M, expenses of $17.7M, and assets of $7.0M (revenue -5.7% year-over-year).
- 2011: Revenue of $17.3M, expenses of $17.4M, and assets of $6.3M (revenue -0.8% year-over-year).
- 2010: Revenue of $17.5M, expenses of $17.4M, and assets of $5.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Plaza Nursing Home Company Inc:
Data Sources and Methodology
This transparency report for Plaza Nursing Home Company 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.