Roselle Senior Citizens Housing Corporation
Roselle Senior Citizens Housing Corporation consistently maintains operating surpluses with no reported officer compensation.
EIN: 112315141 · Roselle, NJ · NTEE: L22Z · Updated: 2026-03-28
Is Roselle Senior Citizens Housing Corporation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Roselle Senior Citizens Housing Corporation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Roselle Senior Citizens Housing Corporation
Roselle Senior Citizens Housing Corporation (EIN: 112315141) is a nonprofit organization based in Roselle, NJ, classified under NTEE code L22Z. The organization reported total revenue of $1.9M and total assets of $7.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Roselle Senior Citizens Housing Corporation'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 Roselle Senior Citizens Housing Corporation with a Mission Score of 92 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, Roselle Senior Citizens Housing Corporation 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is a significant positive for an organization of its size, with revenues consistently around $1.8-$1.9 million annually.
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 Roselle Senior Citizens Housing Corporation:
- Consistent operating surpluses (e.g., $68,944 in 202309: Revenue $1,931,554 - Expenses $1,862,610).
- Zero reported officer compensation across all filings, indicating high efficiency and mission focus.
- Healthy asset base relative to liabilities (e.g., Assets $7,591,391 vs. Liabilities $5,391,470 in 202309).
- Long history of consistent IRS 990 filings (13 filings), demonstrating transparency and compliance.
- Clear alignment between organization name (Senior Citizens Housing) and NTEE code (L22Z - Housing for the Elderly).
Frequently Asked Questions about Roselle Senior Citizens Housing Corporation
Is Roselle Senior Citizens Housing Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Roselle Senior Citizens Housing Corporation (EIN: 112315141) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Roselle Senior Citizens Housing Corporation spend its money?
Roselle Senior Citizens Housing Corporation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Roselle Senior Citizens Housing Corporation tax-deductible?
Roselle Senior Citizens Housing Corporation is registered as a tax-exempt nonprofit (EIN: 112315141). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Roselle Senior Citizens Housing Corporation a good charity?
Based on the available financial data, Roselle Senior Citizens Housing Corporation appears to be a very good charity. It consistently operates with a surplus, has no reported officer compensation, and maintains a healthy asset base relative to its liabilities.
How has the organization's financial stability changed over time?
The organization has consistently maintained financial stability, with revenues generally exceeding expenses. While assets have gradually decreased from a peak in 2015, liabilities have also decreased, indicating a managed financial position rather than distress.
What is the trend in the organization's assets and liabilities?
Assets have shown a gradual decline from $9,322,018 in 201509 to $7,591,391 in 202309. Concurrently, liabilities have also decreased significantly from $8,809,418 in 201509 to $5,391,470 in 202309, suggesting a reduction in debt.
Filing History
IRS 990 filing history for Roselle Senior Citizens Housing Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Roselle Senior Citizens Housing Corporation's revenue has grown by 65.9%, moving from $1.2M to $1.9M. Total assets increased by 169.1% over the same period, from $2.8M to $7.6M. Total functional expenses rose by 53.7%, from $1.2M to $1.9M. In its most recent filing year (2023), Roselle Senior Citizens Housing Corporation reported a surplus of $69K, with revenue exceeding expenses. The organization holds $5.4M in liabilities against $7.6M in assets (debt-to-asset ratio: 71.0%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $1.9M | $7.6M | $5.4M | — | View 990 |
| 2022 | $1.8M | $1.7M | $7.8M | $5.6M | — | View 990 |
| 2021 | $1.7M | $1.6M | $8.2M | $6.1M | — | View 990 |
| 2020 | $1.9M | $1.6M | $8.2M | $6.3M | — | View 990 |
| 2019 | $1.8M | $1.5M | $8.3M | $6.6M | — | View 990 |
| 2018 | $1.7M | $1.5M | $8.4M | $7.0M | — | View 990 |
| 2017 | $1.7M | $1.5M | $8.4M | $7.2M | — | View 990 |
| 2016 | $1.9M | $1.4M | $9.1M | $8.1M | — | View 990 |
| 2015 | $2.0M | $1.6M | $9.3M | $8.8M | — | View 990 |
| 2014 | $1.1M | $1.2M | $3.3M | $3.2M | — | View 990 |
| 2013 | $1.1M | $1.1M | $3.5M | $3.3M | — | View 990 |
| 2012 | $2.0M | $1.0M | $3.6M | $3.4M | — | View 990 |
| 2011 | $1.2M | $1.2M | $2.8M | $3.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $1.9M, and assets of $7.6M (revenue +6.2% year-over-year).
- 2022: Revenue of $1.8M, expenses of $1.7M, and assets of $7.8M (revenue +5.0% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.6M, and assets of $8.2M (revenue -6.6% year-over-year).
- 2020: Revenue of $1.9M, expenses of $1.6M, and assets of $8.2M (revenue +1.0% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.5M, and assets of $8.3M (revenue +8.4% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.5M, and assets of $8.4M (revenue +1.6% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.5M, and assets of $8.4M (revenue -10.9% year-over-year).
- 2016: Revenue of $1.9M, expenses of $1.4M, and assets of $9.1M (revenue -7.9% year-over-year).
- 2015: Revenue of $2.0M, expenses of $1.6M, and assets of $9.3M (revenue +81.1% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.2M, and assets of $3.3M (revenue -0.4% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.1M, and assets of $3.5M (revenue -43.4% year-over-year).
- 2012: Revenue of $2.0M, expenses of $1.0M, and assets of $3.6M (revenue +71.0% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.2M, and assets of $2.8M.
Data Sources and Methodology
This transparency report for Roselle Senior Citizens 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.