Senior Citizens Housing Committee Inc
Senior Citizens Housing Committee Inc consistently grows assets with zero reported officer compensation.
EIN: 112426215 · Fort Salonga, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.1M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $15M |
| Net Assets | $15.3M |
| Transparency Score | 95/100 |
Is Senior Citizens Housing Committee Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Senior Citizens Housing Committee Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Senior Citizens Housing Committee Inc
Senior Citizens Housing Committee Inc (EIN: 112426215) is a nonprofit organization based in Fort Salonga, NY. The organization reported total revenue of $1.9M and total assets of $16.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Senior Citizens Housing Committee Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Senior Citizens Housing Committee Inc is a mid-size nonprofit that has been operating for 46 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.0M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$1.8M |
| Total Assets | $15.4M |
| Total Liabilities | $32K |
| Net Assets | $15.3M |
| Operating Margin | 62.0% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 164.0 months |
Financial Health Grade: A
In 2023, Senior Citizens Housing Committee Inc reported a surplus of $1.8M with revenue exceeding expenses, holds 164.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Senior Citizens Housing Committee Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +85.8% | -17.1% | +2.1% |
| 2022 | -41.1% | -10.4% | -0.1% |
| 2021 | +11.4% | +11.9% | +12.7% |
| 2020 | +6.0% | -18.5% | +9.0% |
| 2019 | -1.2% | +12.0% | +10.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1980 |
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 Senior Citizens Housing Committee Inc with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Senior Citizens Housing Committee Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 surplus of $1.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly unusual for an organization of this asset size ($15M+) and suggests a volunteer-led or extremely lean leadership structure.
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 Senior Citizens Housing Committee Inc's IRS 990 filings:
- Lack of detailed spending breakdown (program vs. admin vs. fundraising) in provided summary data, making precise efficiency analysis difficult without full 990 forms.
Strengths
The following positive indicators were identified for Senior Citizens Housing Committee Inc:
- Zero reported officer compensation across all filings, indicating high dedication to mission.
- Consistent and significant asset growth over the past decade, from $9.6M to $15.3M.
- Strong financial health with very low liabilities relative to assets (e.g., $31,681 liabilities vs. $15,358,758 assets in 202312).
- Revenue consistently exceeds expenses, demonstrating operational efficiency and sustainability.
- Consistent IRS 990 filing history, indicating good governance and transparency.
Frequently Asked Questions about Senior Citizens Housing Committee Inc
Is Senior Citizens Housing Committee Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Senior Citizens Housing Committee Inc (EIN: 112426215) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Senior Citizens Housing Committee Inc spend its money?
Senior Citizens Housing Committee Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Senior Citizens Housing Committee Inc tax-deductible?
Senior Citizens Housing Committee Inc is registered as a tax-exempt nonprofit (EIN: 112426215). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Senior Citizens Housing Committee Inc CEO make?
Senior Citizens Housing Committee Inc's highest-compensated officer earns $15M annually. The organization reported $1.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Senior Citizens Housing Committee Inc located?
Senior Citizens Housing Committee Inc is headquartered in Fort Salonga, New York and files with the IRS under EIN 112426215.
How many years of IRS 990 filings does Senior Citizens Housing Committee Inc have?
Senior Citizens Housing Committee 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 $1.9M in total revenue.
Is Senior Citizens Housing Committee Inc a good charity?
Based on the provided financial data, Senior Citizens Housing Committee Inc appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and remarkably, zero reported officer compensation across all filings, suggesting a high dedication to its mission and efficient use of funds.
How does the organization manage to have zero officer compensation?
The data consistently shows 0% officer compensation. This could mean that the organization is entirely volunteer-led at the executive level, or that executive compensation is covered by another entity, or not reported in a way that is captured by this specific metric. Further investigation into their operational model would be needed to fully understand this.
What is the trend in the organization's assets?
The organization's assets have shown a consistent upward trend, growing from $9,604,270 in 201412 to $15,358,758 in 202312, indicating strong financial management and accumulation of resources over time.
Is the organization financially stable?
Yes, the organization appears highly financially stable. Its assets significantly outweigh its liabilities (e.g., $15,358,758 in assets vs. $31,681 in liabilities in 202312), and it consistently generates more revenue than expenses, leading to healthy reserves.
Filing History
IRS 990 filing history for Senior Citizens Housing Committee Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Senior Citizens Housing Committee Inc's revenue has grown by 280.8%, moving from $777K to $3.0M. Total assets increased by 78.8% over the same period, from $8.6M to $15.4M. Total functional expenses rose by 66%, from $677K to $1.1M. In its most recent filing year (2023), Senior Citizens Housing Committee Inc reported a surplus of $1.8M, with revenue exceeding expenses. The organization holds $32K in liabilities against $15.4M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $15.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.0M | $1.1M | $15.4M | $32K | — | View 990 |
| 2022 | $1.6M | $1.4M | $15.0M | $45K | — | View 990 |
| 2021 | $2.7M | $1.5M | $15.0M | $14K | — | View 990 |
| 2020 | $2.4M | $1.4M | $13.4M | $10K | — | — |
| 2019 | $2.3M | $1.7M | $12.3M | $10K | — | View 990 |
| 2018 | $2.3M | $1.5M | $11.1M | $16K | — | View 990 |
| 2017 | $1.5M | $1.3M | $10.5M | $34K | — | View 990 |
| 2016 | $1.5M | $1.3M | $10.1M | $40K | — | View 990 |
| 2015 | $1.5M | $1.2M | $9.9M | $150K | — | View 990 |
| 2014 | $1.6M | $903K | $9.6M | $17K | — | View 990 |
| 2013 | $2.0M | $1.1M | $9.0M | $94K | — | View 990 |
| 2012 | $1.1M | $1.2M | $8.6M | $50K | — | View 990 |
| 2011 | $777K | $677K | $8.6M | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.0M, expenses of $1.1M, and assets of $15.4M (revenue +85.8% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.4M, and assets of $15.0M (revenue -41.1% year-over-year).
- 2021: Revenue of $2.7M, expenses of $1.5M, and assets of $15.0M (revenue +11.4% year-over-year).
- 2020: Revenue of $2.4M, expenses of $1.4M, and assets of $13.4M (revenue +6.0% year-over-year).
- 2019: Revenue of $2.3M, expenses of $1.7M, and assets of $12.3M (revenue -1.2% year-over-year).
- 2018: Revenue of $2.3M, expenses of $1.5M, and assets of $11.1M (revenue +50.5% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.3M, and assets of $10.5M (revenue +2.3% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.3M, and assets of $10.1M (revenue -2.5% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.2M, and assets of $9.9M (revenue -3.0% year-over-year).
- 2014: Revenue of $1.6M, expenses of $903K, and assets of $9.6M (revenue -19.0% year-over-year).
- 2013: Revenue of $2.0M, expenses of $1.1M, and assets of $9.0M (revenue +71.9% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.2M, and assets of $8.6M (revenue +47.0% year-over-year).
- 2011: Revenue of $777K, expenses of $677K, and assets of $8.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Senior Citizens Housing Committee Inc:
Data Sources and Methodology
This transparency report for Senior Citizens Housing Committee 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.