Saint Johns Senior Citizen Housing Development Fund Company Inc
Saint Johns Senior Citizen Housing Development Fund Company Inc consistently generates significant surpluses with no reported officer compensation.
EIN: 112698458 · Hicksville, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $1.3M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $2.7M |
| Transparency Score | 85/100 |
Is Saint Johns Senior Citizen Housing Development Fund Company Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Saint Johns Senior Citizen Housing Development Fund Company Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Saint Johns Senior Citizen Housing Development Fund Company Inc
Saint Johns Senior Citizen Housing Development Fund Company Inc (EIN: 112698458) is a nonprofit organization based in Hicksville, NY. The organization reported total revenue of $2.4M and total assets of $5.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Saint Johns Senior Citizen Housing Development Fund Company Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Saint Johns Senior Citizen Housing Development Fund Company Inc is a mid-size nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$957K |
| Total Assets | $5.3M |
| Total Liabilities | $2.7M |
| Net Assets | $2.7M |
| Operating Margin | 41.9% |
| Debt-to-Asset Ratio | 49.7% |
| Months of Reserves | 48.2 months |
Financial Health Grade: A
In 2023, Saint Johns Senior Citizen Housing Development Fund Company Inc reported a surplus of $957K with revenue exceeding expenses, holds 48.2 months of operating reserves (strong position), has a debt-to-asset ratio of 49.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Saint Johns Senior Citizen Housing Development Fund Company Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.1% | +1.4% | +14.6% |
| 2022 | +8.3% | +1.9% | +5.3% |
| 2021 | +2.0% | -0.5% | +4.1% |
| 2020 | +-0.0% | -1.6% | +3.9% |
| 2019 | -3.4% | +5.8% | +4.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
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 Saint Johns Senior Citizen Housing Development Fund 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: 15%
- programs: 85%
- fundraising: 0%
According to IRS 990 filings, Saint Johns Senior Citizen Housing Development Fund Company Inc allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% 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 surplus of $957K, with revenue exceeding expenses.
- Debt-to-asset ratio: 49.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership may be entirely volunteer-based or compensated through other means not categorized as officer compensation, which is highly unusual for an organization of its size with assets exceeding $5 million.
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 Saint Johns Senior Citizen Housing Development Fund Company Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided data, limiting efficiency analysis.
- Consistent 0% officer compensation for an organization with over $5 million in assets is unusual and warrants further investigation into how leadership is supported or compensated.
Strengths
The following positive indicators were identified for Saint Johns Senior Citizen Housing Development Fund Company Inc:
- Consistent revenue growth, from $1,706,999 in 2019 to $2,284,094 in 2023, indicating financial health.
- Strong financial surpluses year over year (e.g., $2,284,094 revenue vs. $1,326,659 expenses in 2023).
- Significant asset growth, from $4,083,996 in 2019 to $5,331,731 in 2023, enhancing long-term stability.
- Stable expense management despite revenue growth, suggesting operational efficiency.
- No reported officer compensation, potentially indicating a highly cost-efficient or volunteer-driven leadership structure.
Frequently Asked Questions about Saint Johns Senior Citizen Housing Development Fund Company Inc
Is Saint Johns Senior Citizen Housing Development Fund Company Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Saint Johns Senior Citizen Housing Development Fund Company Inc (EIN: 112698458) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does Saint Johns Senior Citizen Housing Development Fund Company Inc spend its money?
Saint Johns Senior Citizen Housing Development Fund Company Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Saint Johns Senior Citizen Housing Development Fund Company Inc tax-deductible?
Saint Johns Senior Citizen Housing Development Fund Company Inc is registered as a tax-exempt nonprofit (EIN: 112698458). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Saint Johns Senior Citizen Housing Development Fund Company Inc CEO make?
Saint Johns Senior Citizen Housing Development Fund Company Inc's highest-compensated officer earns $5 annually. The organization reported $2.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Saint Johns Senior Citizen Housing Development Fund Company Inc located?
Saint Johns Senior Citizen Housing Development Fund Company Inc is headquartered in Hicksville, New York and files with the IRS under EIN 112698458.
How many years of IRS 990 filings does Saint Johns Senior Citizen Housing Development Fund Company Inc have?
Saint Johns Senior Citizen Housing Development Fund Company 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 $2.4M in total revenue.
How does Saint Johns Senior Citizen Housing Development Fund Company Inc manage to operate without any reported officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests a unique operational model, possibly relying heavily on volunteer leadership or having executive roles compensated through a related entity or a different expense category not explicitly disclosed as officer compensation on the 990.
What is the primary source of the organization's revenue, given its mission?
While the filings show consistent revenue growth (e.g., $2,284,094 in 2023), the specific breakdown of revenue sources (e.g., rental income, grants, donations) is not detailed in the provided summary. Given its mission, it's likely a significant portion comes from housing-related income.
What are the specific program activities that account for the majority of its expenses?
The data indicates total expenses (e.g., $1,326,659 in 2023), but a detailed breakdown of these expenses into specific program activities (e.g., housing maintenance, resident services) is not provided, making it difficult to assess the direct impact of spending.
Filing History
IRS 990 filing history for Saint Johns Senior Citizen Housing Development Fund Company Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Saint Johns Senior Citizen Housing Development Fund Company Inc's revenue has grown by 82.8%, moving from $1.2M to $2.3M. Total assets increased by 20% over the same period, from $4.4M to $5.3M. Total functional expenses rose by 3.2%, from $1.3M to $1.3M. In its most recent filing year (2023), Saint Johns Senior Citizen Housing Development Fund Company Inc reported a surplus of $957K, with revenue exceeding expenses. The organization holds $2.7M in liabilities against $5.3M in assets (debt-to-asset ratio: 49.7%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $1.3M | $5.3M | $2.7M | — | View 990 |
| 2022 | $1.9M | $1.3M | $4.7M | $2.9M | — | View 990 |
| 2021 | $1.7M | $1.3M | $4.4M | $3.3M | — | View 990 |
| 2020 | $1.7M | $1.3M | $4.2M | $3.6M | — | View 990 |
| 2019 | $1.7M | $1.3M | $4.1M | $3.8M | — | View 990 |
| 2018 | $1.8M | $1.2M | $3.9M | $4.1M | — | View 990 |
| 2017 | $1.4M | $1.2M | $3.6M | $4.2M | — | View 990 |
| 2016 | $1.3M | $1.2M | $3.7M | $4.5M | — | View 990 |
| 2015 | $1.3M | $1.3M | $3.8M | $4.7M | — | View 990 |
| 2014 | $1.3M | $1.3M | $3.9M | $4.8M | — | View 990 |
| 2013 | $1.3M | $1.4M | $4.1M | $4.9M | — | View 990 |
| 2012 | $1.3M | $1.3M | $4.3M | $5.0M | — | View 990 |
| 2011 | $1.2M | $1.3M | $4.4M | $5.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $1.3M, and assets of $5.3M (revenue +21.1% year-over-year).
- 2022: Revenue of $1.9M, expenses of $1.3M, and assets of $4.7M (revenue +8.3% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.3M, and assets of $4.4M (revenue +2.0% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.3M, and assets of $4.2M (revenue +-0.0% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.3M, and assets of $4.1M (revenue -3.4% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.2M, and assets of $3.9M (revenue +29.7% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.2M, and assets of $3.6M (revenue +2.3% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.2M, and assets of $3.7M (revenue +1.6% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.3M, and assets of $3.8M (revenue +2.2% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.3M, and assets of $3.9M (revenue -0.6% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.4M, and assets of $4.1M (revenue +1.3% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.3M, and assets of $4.3M (revenue +1.9% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.3M, and assets of $4.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Saint Johns Senior Citizen Housing Development Fund Company Inc:
Data Sources and Methodology
This transparency report for Saint Johns Senior Citizen Housing Development Fund 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.