Snhs Elderly Housing Inc
Snhs Elderly Housing Inc: Stable Operations, High Program Spending
EIN: 222473897 · Manchester, NH · NTEE: L22 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $357K |
| Total Expenses | $318K |
| Program Spending | 90% |
| Net Assets | $-207,718 |
| Transparency Score | 75/100 |
Is Snhs Elderly Housing Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Snhs Elderly Housing Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Snhs Elderly Housing Inc
Snhs Elderly Housing Inc (EIN: 222473897) is a nonprofit organization based in Manchester, NH, classified under NTEE code L22. The organization reported total revenue of $357K and total assets of $914K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Snhs Elderly Housing Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Snhs Elderly Housing Inc is a small nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $318K |
| Total Expenses | $318K |
| Surplus / Deficit | $-87 |
| Total Assets | $929K |
| Total Liabilities | $1.1M |
| Net Assets | $-207,718 |
| Operating Margin | -0.0% |
| Debt-to-Asset Ratio | 122.4% |
| Months of Reserves | 35.0 months |
Financial Health Grade: C
In 2024, Snhs Elderly Housing Inc reported a deficit of $87 with expenses exceeding revenue, holds 35.0 months of operating reserves (strong position), has a debt-to-asset ratio of 122.4% (high leverage).
Financial Trends
Over 13 years of filings (2012–2024), Snhs Elderly Housing Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -0.3% | +5.4% | -0.2% |
| 2023 | +0.5% | -0.9% | -1.5% |
| 2022 | +1.8% | +5.1% | -1.6% |
| 2021 | +5.2% | +4.3% | +1.4% |
| 2020 | -0.4% | +1.6% | -2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
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 Snhs Elderly Housing Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Snhs Elderly Housing Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $87, with expenses exceeding revenue.
- Debt-to-asset ratio: 122.4%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further filings.
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 Snhs Elderly Housing Inc:
- Consistent revenue generation over several years, averaging around $300,000 annually.
- High percentage of expenses dedicated to programs, indicating a strong focus on mission.
- Stable asset base, consistently above $900,000, providing financial security.
- Low administrative and fundraising costs suggest efficient operations.
Frequently Asked Questions about Snhs Elderly Housing Inc
Is Snhs Elderly Housing Inc a legitimate charity?
Snhs Elderly Housing Inc (EIN: 222473897) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $357K. No red flags identified. 4 strengths noted. Financial health grade: C.
How does Snhs Elderly Housing Inc spend its money?
Snhs Elderly Housing Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Snhs Elderly Housing Inc tax-deductible?
Snhs Elderly Housing Inc is registered as a tax-exempt nonprofit (EIN: 222473897). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Snhs Elderly Housing Inc's spending goes to programs?
Snhs Elderly Housing Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Snhs Elderly Housing Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Snhs Elderly Housing Inc is above average for NTEE category L22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Snhs Elderly Housing Inc located?
Snhs Elderly Housing Inc is headquartered in Manchester, New Hampshire and files with the IRS under EIN 222473897. It is classified under NTEE code L22.
How many years of IRS 990 filings does Snhs Elderly Housing Inc have?
Snhs Elderly Housing 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 $357K in total revenue.
What does Snhs Elderly Housing Inc do?
Snhs Elderly Housing Inc is a nonprofit organization in the Housing & Shelter sector, located in Manchester, New Hampshire. It is classified under NTEE code L22.
How much revenue does Snhs Elderly Housing Inc have?
Snhs Elderly Housing Inc reported total revenue of $356,851. Based on 13 IRS 990 filings on record.
What are Snhs Elderly Housing Inc's total assets?
Snhs Elderly Housing Inc holds total assets of $914,474 as reported in IRS 990 filings.
Where is Snhs Elderly Housing Inc located?
Snhs Elderly Housing Inc is based in Manchester, New Hampshire.
What is Snhs Elderly Housing Inc's EIN?
Snhs Elderly Housing Inc's Employer Identification Number (EIN) is 222473897. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Snhs Elderly Housing Inc?
Snhs Elderly Housing Inc is classified under NTEE code L22 (Housing & Shelter).
Is Snhs Elderly Housing Inc a registered 501(c)(3)?
Yes, Snhs Elderly Housing Inc is recognized as a tax-exempt organization by the IRS. EIN: 222473897.
Does Snhs Elderly Housing Inc file IRS Form 990?
Yes, Snhs Elderly Housing Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202407.
What was Snhs Elderly Housing Inc's revenue in 2024?
In the 202407 filing period, Snhs Elderly Housing Inc reported total revenue of $318,183, total expenses of $318,270, and net assets of $928,624.
Is Snhs Elderly Housing Inc's revenue growing or declining?
Snhs Elderly Housing Inc's revenue is relatively stable. Revenue went from $319,148 (202307) to $318,183 (202407), a -0.3% change. Based on 13 filings on record.
What is Snhs Elderly Housing Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Snhs Elderly Housing Inc covers tax period 202407. It shows revenue of $318,183, expenses of $318,270, total assets of $928,624, and liabilities of $1,136,342.
How much does Snhs Elderly Housing Inc spend on programs vs administration?
Based on IRS 990 analysis, Snhs Elderly Housing Inc allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Snhs Elderly Housing Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Snhs Elderly Housing Inc appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 4 strengths noted.
What are Snhs Elderly Housing Inc's strengths?
Positive indicators for Snhs Elderly Housing Inc include: Consistent revenue generation over several years, averaging around $300,000 annually.. High percentage of expenses dedicated to programs, indicating a strong focus on mission.. Stable asset base, consistently above $900,000, providing financial security.. Low administrative and fundraising costs suggest efficient operations.. These findings are derived from AI analysis of the organization's financial filings.
How does Snhs Elderly Housing Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Snhs Elderly Housing Inc maintain such a high program spending percentage?
The consistent expense figures (e.g., $318,270 in 2024) relative to revenue suggest efficient management and potentially low overhead, allowing a large portion of funds to directly support programs. Without detailed expense categories, it's difficult to pinpoint exact mechanisms, but it implies a lean operational structure.
What is the long-term financial trend for Snhs Elderly Housing Inc's assets and liabilities?
Over the provided period (2017-2024), assets have shown a slight decline from $961,852 to $914,474, while liabilities have also decreased from $1,291,700 to $1,136,342. This indicates a gradual reduction in both, but liabilities consistently exceed assets, suggesting a reliance on external funding or specific accounting for housing assets.
Filing History
IRS 990 filing history for Snhs Elderly Housing Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Snhs Elderly Housing Inc's revenue has grown by 16.4%, moving from $273K to $318K. Total assets decreased by 18.8% over the same period, from $1.1M to $929K. Total functional expenses rose by 17.7%, from $270K to $318K. In its most recent filing year (2024), Snhs Elderly Housing Inc reported a deficit of $87, with expenses exceeding revenue. The organization holds $1.1M in liabilities against $929K in assets (debt-to-asset ratio: 122.4%), resulting in net assets of $-207,718.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $318K | $318K | $929K | $1.1M | — | — |
| 2023 | $319K | $302K | $930K | $1.1M | — | View 990 |
| 2022 | $318K | $305K | $944K | $1.2M | — | View 990 |
| 2021 | $312K | $290K | $959K | $1.2M | — | View 990 |
| 2020 | $297K | $278K | $946K | $1.2M | — | View 990 |
| 2019 | $298K | $273K | $965K | $1.2M | — | View 990 |
| 2018 | $295K | $269K | $959K | $1.3M | — | View 990 |
| 2017 | $287K | $270K | $962K | $1.3M | — | View 990 |
| 2016 | $291K | $249K | $972K | $1.3M | — | View 990 |
| 2015 | $280K | $268K | $1.0M | $1.4M | — | View 990 |
| 2014 | $273K | $270K | $1.0M | $1.4M | — | View 990 |
| 2013 | $235K | $301K | $1.0M | $1.4M | — | View 990 |
| 2012 | $273K | $270K | $1.1M | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $318K, expenses of $318K, and assets of $929K (revenue -0.3% year-over-year).
- 2023: Revenue of $319K, expenses of $302K, and assets of $930K (revenue +0.5% year-over-year).
- 2022: Revenue of $318K, expenses of $305K, and assets of $944K (revenue +1.8% year-over-year).
- 2021: Revenue of $312K, expenses of $290K, and assets of $959K (revenue +5.2% year-over-year).
- 2020: Revenue of $297K, expenses of $278K, and assets of $946K (revenue -0.4% year-over-year).
- 2019: Revenue of $298K, expenses of $273K, and assets of $965K (revenue +1.1% year-over-year).
- 2018: Revenue of $295K, expenses of $269K, and assets of $959K (revenue +2.6% year-over-year).
- 2017: Revenue of $287K, expenses of $270K, and assets of $962K (revenue -1.3% year-over-year).
- 2016: Revenue of $291K, expenses of $249K, and assets of $972K (revenue +4.0% year-over-year).
- 2015: Revenue of $280K, expenses of $268K, and assets of $1.0M (revenue +2.6% year-over-year).
- 2014: Revenue of $273K, expenses of $270K, and assets of $1.0M (revenue +16.2% year-over-year).
- 2013: Revenue of $235K, expenses of $301K, and assets of $1.0M (revenue -14.2% year-over-year).
- 2012: Revenue of $273K, expenses of $270K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Snhs Elderly Housing Inc:
Data Sources and Methodology
This transparency report for Snhs Elderly Housing 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.