Pompton Lakes Senior Citizens Housing Corp
Pompton Lakes Senior Citizens Housing Corp: Stable Finances, High Program Spending
EIN: 222214577 · Pompton Lakes, NJ · Updated: 2026-04-04
Is Pompton Lakes Senior Citizens Housing Corp Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pompton Lakes Senior Citizens Housing Corp directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pompton Lakes Senior Citizens Housing Corp
Pompton Lakes Senior Citizens Housing Corp (EIN: 222214577) is a nonprofit organization based in Pompton Lakes, NJ. The organization reported total revenue of $2.8M and total assets of $16.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pompton Lakes Senior Citizens Housing 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 Pompton Lakes Senior Citizens Housing 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Pompton Lakes Senior Citizens Housing Corp allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, suggesting it is either minimal or absorbed within broader administrative costs, as total expenses are consistently close to 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.
Strengths
The following positive indicators were identified for Pompton Lakes Senior Citizens Housing Corp:
- Consistent revenue growth over the past several years, from $1,648,245 in 2017 to $2,590,729 in 2024.
- Strong asset growth, increasing from $7,682,816 in 2017 to $14,714,049 in 2024.
- Low liabilities relative to assets, indicating strong financial health and stability.
- High percentage of expenses dedicated to programs, demonstrating a focus on its mission.
Frequently Asked Questions about Pompton Lakes Senior Citizens Housing Corp
Is Pompton Lakes Senior Citizens Housing Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Pompton Lakes Senior Citizens Housing Corp (EIN: 222214577) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Pompton Lakes Senior Citizens Housing Corp spend its money?
Pompton Lakes Senior Citizens Housing Corp directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Pompton Lakes Senior Citizens Housing Corp tax-deductible?
Pompton Lakes Senior Citizens Housing Corp is registered as a tax-exempt nonprofit (EIN: 222214577). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Pompton Lakes Senior Citizens Housing Corp do?
Pompton Lakes Senior Citizens Housing Corp is a nonprofit organization in the Unknown sector, located in Pompton Lakes, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Pompton Lakes Senior Citizens Housing Corp have?
Pompton Lakes Senior Citizens Housing Corp reported total revenue of $2,778,384. Based on 13 IRS 990 filings on record.
What are Pompton Lakes Senior Citizens Housing Corp's total assets?
Pompton Lakes Senior Citizens Housing Corp holds total assets of $16,292,999 as reported in IRS 990 filings.
Where is Pompton Lakes Senior Citizens Housing Corp located?
Pompton Lakes Senior Citizens Housing Corp is based in Pompton Lakes, New Jersey.
What is Pompton Lakes Senior Citizens Housing Corp's EIN?
Pompton Lakes Senior Citizens Housing Corp's Employer Identification Number (EIN) is 222214577. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Pompton Lakes Senior Citizens Housing Corp?
Pompton Lakes Senior Citizens Housing Corp is classified under NTEE code Unknown (Unknown).
Is Pompton Lakes Senior Citizens Housing Corp a registered 501(c)(3)?
Pompton Lakes Senior Citizens Housing Corp appears in IRS records (EIN: 222214577). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Pompton Lakes Senior Citizens Housing Corp file IRS Form 990?
Yes, Pompton Lakes Senior Citizens Housing Corp has 13 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Pompton Lakes Senior Citizens Housing Corp's revenue in 2024?
In the 202406 filing period, Pompton Lakes Senior Citizens Housing Corp reported total revenue of $2,590,729, total expenses of $1,232,165, and net assets of $14,714,049.
Is Pompton Lakes Senior Citizens Housing Corp's revenue growing or declining?
Pompton Lakes Senior Citizens Housing Corp's revenue is growing. Revenue went from $2,340,424 (202306) to $2,590,729 (202406), a +10.7% change. Based on 13 filings on record.
What is Pompton Lakes Senior Citizens Housing Corp's most recent 990 filing?
The most recent IRS Form 990 filing for Pompton Lakes Senior Citizens Housing Corp covers tax period 202406. It shows revenue of $2,590,729, expenses of $1,232,165, total assets of $14,714,049, and liabilities of $75,181.
How much does Pompton Lakes Senior Citizens Housing Corp spend on programs vs administration?
Based on IRS 990 analysis, Pompton Lakes Senior Citizens Housing Corp allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Pompton Lakes Senior Citizens Housing Corp a trustworthy charity?
Based on AI analysis of IRS 990 data, Pompton Lakes Senior Citizens Housing Corp appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Pompton Lakes Senior Citizens Housing Corp's strengths?
Positive indicators for Pompton Lakes Senior Citizens Housing Corp include: Consistent revenue growth over the past several years, from $1,648,245 in 2017 to $2,590,729 in 2024.. Strong asset growth, increasing from $7,682,816 in 2017 to $14,714,049 in 2024.. Low liabilities relative to assets, indicating strong financial health and stability.. High percentage of expenses dedicated to programs, demonstrating a focus on its mission.. These findings are derived from AI analysis of the organization's financial filings.
How does Pompton Lakes Senior Citizens Housing Corp compensate executives?
Executive compensation is not explicitly detailed in the provided data, suggesting it is either minimal or absorbed within broader administrative costs, as total expenses are consistently close to revenue. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent revenue and asset growth, what specific programs or services have expanded to utilize these increased resources?
The provided data indicates general revenue and expense figures but does not detail specific program expansions. Further investigation into their annual reports or program descriptions would be needed to identify how the increased resources are being allocated to specific services for senior citizens.
Filing History
IRS 990 filing history for Pompton Lakes Senior Citizens Housing Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Pompton Lakes Senior Citizens Housing Corp's revenue has grown by 69.8%, moving from $1.5M to $2.6M. Total assets increased by 209% over the same period, from $4.8M to $14.7M. Total functional expenses rose by 32.8%, from $928K to $1.2M. In its most recent filing year (2024), Pompton Lakes Senior Citizens Housing Corp reported a surplus of $1.4M, with revenue exceeding expenses. The organization holds $75K in liabilities against $14.7M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $14.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $2.6M | $1.2M | $14.7M | $75K | — | View 990 |
| 2023 | $2.3M | $1.2M | $13.2M | $88K | — | — |
| 2022 | $2.1M | $1.1M | $12.0M | $104K | — | View 990 |
| 2021 | $2.1M | $1.1M | $12.1M | $1.1M | — | View 990 |
| 2020 | $1.9M | $1.0M | $10.1M | $98K | — | View 990 |
| 2019 | $1.8M | $1.0M | $9.1M | $89K | — | View 990 |
| 2018 | $1.7M | $1.0M | $8.3M | $100K | — | View 990 |
| 2017 | $1.6M | $1.0M | $7.7M | $76K | — | View 990 |
| 2016 | $1.6M | $1.0M | $7.1M | $79K | — | View 990 |
| 2015 | $1.6M | $1.0M | $6.5M | $121K | — | View 990 |
| 2014 | $1.6M | $1.0M | $5.9M | $71K | — | View 990 |
| 2013 | $1.5M | $945K | $5.4M | $106K | — | View 990 |
| 2012 | $1.5M | $928K | $4.8M | $71K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.6M, expenses of $1.2M, and assets of $14.7M (revenue +10.7% year-over-year).
- 2023: Revenue of $2.3M, expenses of $1.2M, and assets of $13.2M (revenue +9.7% year-over-year).
- 2022: Revenue of $2.1M, expenses of $1.1M, and assets of $12.0M (revenue -0.7% year-over-year).
- 2021: Revenue of $2.1M, expenses of $1.1M, and assets of $12.1M (revenue +10.7% year-over-year).
- 2020: Revenue of $1.9M, expenses of $1.0M, and assets of $10.1M (revenue +10.2% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.0M, and assets of $9.1M (revenue +5.3% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.0M, and assets of $8.3M (revenue +1.4% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.0M, and assets of $7.7M (revenue +3.4% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.0M, and assets of $7.1M (revenue -0.2% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.0M, and assets of $6.5M (revenue +1.4% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.0M, and assets of $5.9M (revenue +2.9% year-over-year).
- 2013: Revenue of $1.5M, expenses of $945K, and assets of $5.4M (revenue +0.3% year-over-year).
- 2012: Revenue of $1.5M, expenses of $928K, and assets of $4.8M.
Data Sources and Methodology
This transparency report for Pompton Lakes Senior Citizens Housing 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.