St Josephs Village For Senior Citizen Housing Development Fund C
St Josephs Village consistently generates significant surpluses, growing assets for senior housing.
EIN: 112500567 · Hicksville, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.2M |
| Total Expenses | $2.4M |
| Program Spending | 90% |
| Net Assets | $16.7M |
| Transparency Score | 85/100 |
Is St Josephs Village For Senior Citizen Housing Development Fund C Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
St Josephs Village For Senior Citizen Housing Development Fund C directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Josephs Village For Senior Citizen Housing Development Fund C
St Josephs Village For Senior Citizen Housing Development Fund C (EIN: 112500567) is a nonprofit organization based in Hicksville, NY. The organization reported total revenue of $5.2M and total assets of $19.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Josephs Village For Senior Citizen Housing Development Fund C's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Josephs Village For Senior Citizen Housing Development Fund C 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 2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.5M |
| Total Expenses | $2.4M |
| Surplus / Deficit | +$2.1M |
| Total Assets | $17.0M |
| Total Liabilities | $258K |
| Net Assets | $16.7M |
| Operating Margin | 47.0% |
| Debt-to-Asset Ratio | 1.5% |
| Months of Reserves | 85.8 months |
Financial Health Grade: A
In 2023, St Josephs Village For Senior Citizen Housing Development Fund C reported a surplus of $2.1M with revenue exceeding expenses, holds 85.8 months of operating reserves (strong position), has a debt-to-asset ratio of 1.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), St Josephs Village For Senior Citizen Housing Development Fund C's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.9% | +13.8% | +14.8% |
| 2022 | +5.6% | -79.5% | +14.7% |
| 2021 | +9.3% | +159.0% | -39.2% |
| 2020 | -4.4% | +90.5% | +7.4% |
| 2019 | +5.2% | -2.7% | +8.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 St Josephs Village For Senior Citizen Housing Development Fund C 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, St Josephs Village For Senior Citizen Housing Development Fund C 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries were paid to officers, which is highly unusual for an organization of this size and suggests either volunteer leadership or compensation is categorized differently.
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 St Josephs Village For Senior Citizen Housing Development Fund C's IRS 990 filings:
- Unusually low liabilities relative to assets in some periods, potentially indicating significant cash reserves or minimal debt financing.
- Lack of detailed program spending breakdown in provided data makes precise program efficiency assessment difficult.
Strengths
The following positive indicators were identified for St Josephs Village For Senior Citizen Housing Development Fund C:
- Consistent financial surpluses in most years, indicating strong financial management (e.g., $4,483,894 revenue vs $2,375,673 expenses in 202309).
- Steady growth in assets over the decade, from $14,057,232 in 201409 to $16,984,404 in 202309.
- 0% reported officer compensation across all filings, suggesting highly efficient administrative costs or volunteer leadership.
- Low liabilities relative to assets, indicating a strong balance sheet and minimal financial risk.
- Consistent IRS 990 filing history over 13 periods, demonstrating good governance and transparency.
Frequently Asked Questions about St Josephs Village For Senior Citizen Housing Development Fund C
Is St Josephs Village For Senior Citizen Housing Development Fund C a legitimate charity?
Based on AI analysis of IRS 990 filings, St Josephs Village For Senior Citizen Housing Development Fund C (EIN: 112500567) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does St Josephs Village For Senior Citizen Housing Development Fund C spend its money?
St Josephs Village For Senior Citizen Housing Development Fund C directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to St Josephs Village For Senior Citizen Housing Development Fund C tax-deductible?
St Josephs Village For Senior Citizen Housing Development Fund C is registered as a tax-exempt nonprofit (EIN: 112500567). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of St Josephs Village For Senior Citizen Housing Development Fund C's spending goes to programs?
St Josephs Village For Senior Citizen Housing Development Fund C directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is St Josephs Village For Senior Citizen Housing Development Fund C located?
St Josephs Village For Senior Citizen Housing Development Fund C is headquartered in Hicksville, New York and files with the IRS under EIN 112500567.
How many years of IRS 990 filings does St Josephs Village For Senior Citizen Housing Development Fund C have?
St Josephs Village For Senior Citizen Housing Development Fund C 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 $5.2M in total revenue.
Is St Josephs Village For Senior Citizen Housing Development Fund C a good charity?
Based on the available financial data, St Josephs Village appears to be a financially healthy and efficient organization. It consistently generates surpluses, grows its assets, and reports 0% officer compensation, suggesting strong financial management and a focus on its mission.
How does St Josephs Village manage its expenses?
The organization generally manages its expenses well, with revenue consistently exceeding expenses in most years. For example, in 202309, revenue was $4,483,894 against expenses of $2,375,673, demonstrating effective cost control. There were exceptions in 202109 and 202009 where expenses were higher than revenue, which could be due to specific capital expenditures or operational investments.
What is the trend in St Josephs Village's assets?
St Josephs Village shows a strong upward trend in assets, growing from $14,057,232 in 201409 to $16,984,404 in 202309. This consistent growth indicates financial stability and the accumulation of resources to support its mission.
Filing History
IRS 990 filing history for St Josephs Village For Senior Citizen Housing Development Fund C showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), St Josephs Village For Senior Citizen Housing Development Fund C's revenue has grown by 31.6%, moving from $3.4M to $4.5M. Total assets increased by 28.3% over the same period, from $13.2M to $17.0M. Total functional expenses fell by 19%, from $2.9M to $2.4M. In its most recent filing year (2023), St Josephs Village For Senior Citizen Housing Development Fund C reported a surplus of $2.1M, with revenue exceeding expenses. The organization holds $258K in liabilities against $17.0M in assets (debt-to-asset ratio: 1.5%), resulting in net assets of $16.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.5M | $2.4M | $17.0M | $258K | — | View 990 |
| 2022 | $4.0M | $2.1M | $14.8M | $176K | — | View 990 |
| 2021 | $3.8M | $10.2M | $12.9M | $201K | — | View 990 |
| 2020 | $3.5M | $3.9M | $21.2M | $2.1M | — | View 990 |
| 2019 | $3.6M | $2.1M | $19.8M | $179K | — | View 990 |
| 2018 | $3.4M | $2.1M | $18.2M | $194K | — | View 990 |
| 2017 | $3.3M | $2.0M | $16.8M | $140K | — | View 990 |
| 2016 | $3.1M | $2.0M | $15.7M | $349K | — | View 990 |
| 2015 | $2.6M | $2.0M | $14.6M | $262K | — | View 990 |
| 2014 | $2.6M | $2.1M | $14.1M | $289K | — | View 990 |
| 2013 | $2.5M | $1.9M | $13.5M | $180K | — | View 990 |
| 2012 | $2.5M | $1.9M | $13.8M | $1.1M | — | View 990 |
| 2011 | $3.4M | $2.9M | $13.2M | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.5M, expenses of $2.4M, and assets of $17.0M (revenue +11.9% year-over-year).
- 2022: Revenue of $4.0M, expenses of $2.1M, and assets of $14.8M (revenue +5.6% year-over-year).
- 2021: Revenue of $3.8M, expenses of $10.2M, and assets of $12.9M (revenue +9.3% year-over-year).
- 2020: Revenue of $3.5M, expenses of $3.9M, and assets of $21.2M (revenue -4.4% year-over-year).
- 2019: Revenue of $3.6M, expenses of $2.1M, and assets of $19.8M (revenue +5.2% year-over-year).
- 2018: Revenue of $3.4M, expenses of $2.1M, and assets of $18.2M (revenue +5.7% year-over-year).
- 2017: Revenue of $3.3M, expenses of $2.0M, and assets of $16.8M (revenue +6.6% year-over-year).
- 2016: Revenue of $3.1M, expenses of $2.0M, and assets of $15.7M (revenue +18.1% year-over-year).
- 2015: Revenue of $2.6M, expenses of $2.0M, and assets of $14.6M (revenue -0.9% year-over-year).
- 2014: Revenue of $2.6M, expenses of $2.1M, and assets of $14.1M (revenue +5.0% year-over-year).
- 2013: Revenue of $2.5M, expenses of $1.9M, and assets of $13.5M (revenue -0.9% year-over-year).
- 2012: Revenue of $2.5M, expenses of $1.9M, and assets of $13.8M (revenue -26.2% year-over-year).
- 2011: Revenue of $3.4M, expenses of $2.9M, and assets of $13.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Josephs Village For Senior Citizen Housing Development Fund C:
Data Sources and Methodology
This transparency report for St Josephs Village For Senior Citizen Housing Development Fund C 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.