St Marys Manor For Senior Citizen Housing Development Fund Company I
St Marys Manor shows consistent revenue growth and asset accumulation with no reported executive compensation.
EIN: 112565791 · Hempstead, NY · Updated: 2026-03-28
Is St Marys Manor For Senior Citizen Housing Development Fund Company I Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
St Marys Manor For Senior Citizen Housing Development Fund Company I directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Marys Manor For Senior Citizen Housing Development Fund Company I
St Marys Manor For Senior Citizen Housing Development Fund Company I (EIN: 112565791) is a nonprofit organization based in Hempstead, NY. The organization reported total revenue of $4.2M and total assets of $13.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Marys Manor For Senior Citizen Housing Development Fund Company I'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 St Marys Manor For Senior Citizen Housing Development Fund Company I with a Mission Score of 90 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, St Marys Manor For Senior Citizen Housing Development Fund Company I allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly unusual for an organization of its size and revenue, suggesting a volunteer-led or externally managed 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 St Marys Manor For Senior Citizen Housing Development Fund Company I's IRS 990 filings:
- Unknown NTEE Code makes it difficult to benchmark against similar organizations.
- Consistent 0% officer compensation is unusual for an organization of this size and could indicate an alternative management structure not fully detailed in the 990.
Strengths
The following positive indicators were identified for St Marys Manor For Senior Citizen Housing Development Fund Company I:
- Strong program spending, as evidenced by the significant surplus of revenue over expenses.
- Consistent revenue growth over the past decade, from $2,257,139 in 2014 to $3,984,907 in 2023.
- Healthy asset growth, increasing from $8,187,999 in 2014 to $11,728,761 in 2023.
- Zero reported officer compensation, indicating a high dedication of funds to the mission.
- Positive net assets (Assets minus Liabilities) consistently increasing, showing strong financial health.
Frequently Asked Questions about St Marys Manor For Senior Citizen Housing Development Fund Company I
Is St Marys Manor For Senior Citizen Housing Development Fund Company I a legitimate charity?
Based on AI analysis of IRS 990 filings, St Marys Manor For Senior Citizen Housing Development Fund Company I (EIN: 112565791) some concerns. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
How does St Marys Manor For Senior Citizen Housing Development Fund Company I spend its money?
St Marys Manor For Senior Citizen Housing Development Fund Company I directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to St Marys Manor For Senior Citizen Housing Development Fund Company I tax-deductible?
St Marys Manor For Senior Citizen Housing Development Fund Company I is registered as a tax-exempt nonprofit (EIN: 112565791). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is St Marys Manor For Senior Citizen Housing Development Fund Company I a good charity?
Based on the available financial data, St Marys Manor appears to be a very good charity in terms of financial health and mission focus. It consistently generates more revenue than expenses, grows its assets, and reports no officer compensation, suggesting a strong commitment to its program services.
How does St Marys Manor manage its expenses?
St Marys Manor consistently maintains expenses significantly lower than its revenue. For example, in 2023, expenses were $2,400,662 against revenues of $3,984,907, indicating efficient cost management and a substantial surplus that contributes to asset growth.
What is the trend in St Marys Manor's financial stability?
The organization shows a strong upward trend in financial stability. Revenue has increased from $2,257,139 in 2014 to $3,984,907 in 2023, and assets have grown from $8,187,999 to $11,728,761 over the same period, demonstrating consistent growth and financial health.
Filing History
IRS 990 filing history for St Marys Manor For Senior Citizen Housing Development Fund Company I showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), St Marys Manor For Senior Citizen Housing Development Fund Company I's revenue has grown by 55.8%, moving from $2.6M to $4.0M. Total assets increased by 34.9% over the same period, from $8.7M to $11.7M. Total functional expenses rose by 18.2%, from $2.0M to $2.4M. In its most recent filing year (2023), St Marys Manor For Senior Citizen Housing Development Fund Company I reported a surplus of $1.6M, with revenue exceeding expenses. The organization holds $937K in liabilities against $11.7M in assets (debt-to-asset ratio: 8.0%), resulting in net assets of $10.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $4.0M | $2.4M | $11.7M | $937K | — | View 990 |
| 2022 | $3.4M | $2.4M | $10.6M | $1.4M | — | View 990 |
| 2021 | $3.1M | $2.3M | $10.3M | $2.1M | — | View 990 |
| 2020 | $3.1M | $2.3M | $9.9M | $2.5M | — | View 990 |
| 2019 | $3.2M | $2.3M | $9.5M | $3.0M | — | View 990 |
| 2018 | $3.2M | $2.2M | $9.0M | $3.4M | — | View 990 |
| 2017 | $2.8M | $2.1M | $8.4M | $3.8M | — | View 990 |
| 2016 | $2.4M | $2.2M | $8.0M | $4.2M | — | View 990 |
| 2015 | $2.3M | $2.2M | $8.1M | $4.4M | — | View 990 |
| 2014 | $2.3M | $2.2M | $8.2M | $4.7M | — | View 990 |
| 2013 | $2.1M | $2.3M | $8.3M | $4.8M | — | View 990 |
| 2012 | $2.3M | $2.1M | $8.7M | $5.0M | — | View 990 |
| 2011 | $2.6M | $2.0M | $8.7M | $5.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.0M, expenses of $2.4M, and assets of $11.7M (revenue +17.3% year-over-year).
- 2022: Revenue of $3.4M, expenses of $2.4M, and assets of $10.6M (revenue +10.6% year-over-year).
- 2021: Revenue of $3.1M, expenses of $2.3M, and assets of $10.3M (revenue -1.9% year-over-year).
- 2020: Revenue of $3.1M, expenses of $2.3M, and assets of $9.9M (revenue -3.2% year-over-year).
- 2019: Revenue of $3.2M, expenses of $2.3M, and assets of $9.5M (revenue +1.1% year-over-year).
- 2018: Revenue of $3.2M, expenses of $2.2M, and assets of $9.0M (revenue +12.4% year-over-year).
- 2017: Revenue of $2.8M, expenses of $2.1M, and assets of $8.4M (revenue +20.8% year-over-year).
- 2016: Revenue of $2.4M, expenses of $2.2M, and assets of $8.0M (revenue +0.7% year-over-year).
- 2015: Revenue of $2.3M, expenses of $2.2M, and assets of $8.1M (revenue +3.7% year-over-year).
- 2014: Revenue of $2.3M, expenses of $2.2M, and assets of $8.2M (revenue +9.1% year-over-year).
- 2013: Revenue of $2.1M, expenses of $2.3M, and assets of $8.3M (revenue -9.9% year-over-year).
- 2012: Revenue of $2.3M, expenses of $2.1M, and assets of $8.7M (revenue -10.2% year-over-year).
- 2011: Revenue of $2.6M, expenses of $2.0M, and assets of $8.7M.
Data Sources and Methodology
This transparency report for St Marys Manor For Senior Citizen Housing Development Fund Company I 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.