Springfield Senior Citizens Housing Inc
Springfield Senior Citizens Housing Inc: Stable Finances, High Program Spending
EIN: 222169374 · Springfield, NJ · NTEE: L22Z · Updated: 2026-04-04
Is Springfield Senior Citizens Housing Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Springfield Senior Citizens Housing Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Springfield Senior Citizens Housing Inc
Springfield Senior Citizens Housing Inc (EIN: 222169374) is a nonprofit organization based in Springfield, NJ, classified under NTEE code L22Z. The organization reported total revenue of $2.7M and total assets of $11.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Springfield Senior Citizens Housing Inc'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 Springfield Senior Citizens Housing 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Springfield Senior Citizens 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.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's size and mission, with no excessive salaries reported in available 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 Springfield Senior Citizens Housing Inc:
- Consistent revenue generation over the past several years, indicating stable operations.
- Strong asset growth, increasing from $6.2M in 2016 to $11.6M in 2023, demonstrating financial health.
- High percentage of expenses dedicated to programs, reflecting a strong commitment to its mission.
- Low liability-to-asset ratio, indicating good financial management and solvency.
Frequently Asked Questions about Springfield Senior Citizens Housing Inc
Is Springfield Senior Citizens Housing Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Springfield Senior Citizens Housing Inc (EIN: 222169374) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Springfield Senior Citizens Housing Inc spend its money?
Springfield Senior Citizens Housing Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Springfield Senior Citizens Housing Inc tax-deductible?
Springfield Senior Citizens Housing Inc is registered as a tax-exempt nonprofit (EIN: 222169374). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Springfield Senior Citizens Housing Inc do?
Springfield Senior Citizens Housing Inc is a nonprofit organization in the Housing & Shelter sector, located in Springfield, New Jersey. It is classified under NTEE code L22Z.
How much revenue does Springfield Senior Citizens Housing Inc have?
Springfield Senior Citizens Housing Inc reported total revenue of $2,678,321. Based on 13 IRS 990 filings on record.
What are Springfield Senior Citizens Housing Inc's total assets?
Springfield Senior Citizens Housing Inc holds total assets of $11,656,030 as reported in IRS 990 filings.
Where is Springfield Senior Citizens Housing Inc located?
Springfield Senior Citizens Housing Inc is based in Springfield, New Jersey.
What is Springfield Senior Citizens Housing Inc's EIN?
Springfield Senior Citizens Housing Inc's Employer Identification Number (EIN) is 222169374. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Springfield Senior Citizens Housing Inc?
Springfield Senior Citizens Housing Inc is classified under NTEE code L22Z (Housing & Shelter).
Is Springfield Senior Citizens Housing Inc a registered 501(c)(3)?
Yes, Springfield Senior Citizens Housing Inc is recognized as a tax-exempt organization by the IRS. EIN: 222169374.
Does Springfield Senior Citizens Housing Inc file IRS Form 990?
Yes, Springfield Senior Citizens Housing Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Springfield Senior Citizens Housing Inc's revenue in 2023?
In the 202312 filing period, Springfield Senior Citizens Housing Inc reported total revenue of $2,669,960, total expenses of $1,762,978, and net assets of $11,046,505.
Is Springfield Senior Citizens Housing Inc's revenue growing or declining?
Springfield Senior Citizens Housing Inc's revenue is relatively stable. Revenue went from $2,603,219 (202212) to $2,669,960 (202312), a +2.6% change. Based on 13 filings on record.
What is Springfield Senior Citizens Housing Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Springfield Senior Citizens Housing Inc covers tax period 202312. It shows revenue of $2,669,960, expenses of $1,762,978, total assets of $11,046,505, and liabilities of $430,531.
How much does Springfield Senior Citizens Housing Inc spend on programs vs administration?
Based on IRS 990 analysis, Springfield Senior Citizens Housing Inc allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Springfield Senior Citizens Housing Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Springfield Senior Citizens Housing Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Springfield Senior Citizens Housing Inc's strengths?
Positive indicators for Springfield Senior Citizens Housing Inc include: Consistent revenue generation over the past several years, indicating stable operations.. Strong asset growth, increasing from $6.2M in 2016 to $11.6M in 2023, demonstrating financial health.. High percentage of expenses dedicated to programs, reflecting a strong commitment to its mission.. Low liability-to-asset ratio, indicating good financial management and solvency.. These findings are derived from AI analysis of the organization's financial filings.
How does Springfield Senior Citizens Housing Inc compensate executives?
Executive compensation appears reasonable given the organization's size and mission, with no excessive salaries reported in available filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has the organization managed to consistently grow its assets while maintaining a relatively stable revenue stream?
The organization appears to be effectively managing its expenses and potentially reinvesting surplus funds or receiving non-operating contributions, as evidenced by the consistent increase in assets from $6.2M in 2016 to $11.6M in 2023, despite revenue remaining around $2.1M-$2.6M annually.
What specific programs are supported by the high program spending, and how are their impacts measured?
While the data indicates a high percentage of spending on programs (approximately 90% of total expenses), the provided financial data does not detail the specific programs or their impact metrics. Further review of their Form 990, Part III, Statement of Program Service Accomplishments, would be necessary.
Filing History
IRS 990 filing history for Springfield Senior Citizens Housing Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Springfield Senior Citizens Housing Inc's revenue has grown by 40.1%, moving from $1.9M to $2.7M. Total assets increased by 109.6% over the same period, from $5.3M to $11.0M. Total functional expenses fell by 7%, from $1.9M to $1.8M. In its most recent filing year (2023), Springfield Senior Citizens Housing Inc reported a surplus of $907K, with revenue exceeding expenses. The organization holds $431K in liabilities against $11.0M in assets (debt-to-asset ratio: 3.9%), resulting in net assets of $10.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.7M | $1.8M | $11.0M | $431K | — | — |
| 2022 | $2.6M | $1.7M | $10.1M | $1.5M | — | View 990 |
| 2021 | $2.7M | $1.6M | $9.1M | $1.2M | — | View 990 |
| 2020 | $2.4M | $1.7M | $8.2M | $1.4M | — | View 990 |
| 2019 | $2.3M | $2.0M | $7.3M | $1.1M | — | View 990 |
| 2018 | $2.2M | $2.0M | $6.9M | $1.0M | — | View 990 |
| 2017 | $2.1M | $1.9M | $6.6M | $881K | — | View 990 |
| 2016 | $2.1M | $1.8M | $6.3M | $742K | — | View 990 |
| 2015 | $2.2M | $1.7M | $6.0M | $731K | — | View 990 |
| 2014 | $2.0M | $1.9M | $5.7M | $913K | — | View 990 |
| 2013 | $2.0M | $1.9M | $5.6M | $828K | — | View 990 |
| 2012 | $1.9M | $1.9M | $5.4M | $763K | — | View 990 |
| 2011 | $1.9M | $1.9M | $5.3M | $607K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.7M, expenses of $1.8M, and assets of $11.0M (revenue +2.6% year-over-year).
- 2022: Revenue of $2.6M, expenses of $1.7M, and assets of $10.1M (revenue -3.4% year-over-year).
- 2021: Revenue of $2.7M, expenses of $1.6M, and assets of $9.1M (revenue +12.3% year-over-year).
- 2020: Revenue of $2.4M, expenses of $1.7M, and assets of $8.2M (revenue +6.6% year-over-year).
- 2019: Revenue of $2.3M, expenses of $2.0M, and assets of $7.3M (revenue +3.5% year-over-year).
- 2018: Revenue of $2.2M, expenses of $2.0M, and assets of $6.9M (revenue +3.0% year-over-year).
- 2017: Revenue of $2.1M, expenses of $1.9M, and assets of $6.6M (revenue +1.2% year-over-year).
- 2016: Revenue of $2.1M, expenses of $1.8M, and assets of $6.3M (revenue -5.8% year-over-year).
- 2015: Revenue of $2.2M, expenses of $1.7M, and assets of $6.0M (revenue +11.3% year-over-year).
- 2014: Revenue of $2.0M, expenses of $1.9M, and assets of $5.7M (revenue +0.3% year-over-year).
- 2013: Revenue of $2.0M, expenses of $1.9M, and assets of $5.6M (revenue +4.0% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.9M, and assets of $5.4M (revenue +0.2% year-over-year).
- 2011: Revenue of $1.9M, expenses of $1.9M, and assets of $5.3M.
Data Sources and Methodology
This transparency report for Springfield Senior Citizens 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.