Teresian House Nursing Home Co Inc
Teresian House Nursing Home shows strong financial health with growing assets and zero reported officer compensation in recent filings.
EIN: 141539594 · Albany, NY · NTEE: E910 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $38.2M |
| Total Expenses | $33.5M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $30 |
| Net Assets | $16.8M |
| Transparency Score | 90/100 |
Is Teresian House Nursing Home Co Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Teresian House Nursing Home Co Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Teresian House Nursing Home Co Inc
Teresian House Nursing Home Co Inc (EIN: 141539594) is a nonprofit organization based in Albany, NY, classified under NTEE code E910. The organization reported total revenue of $38.2M and total assets of $25.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Teresian House Nursing Home Co Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Teresian House Nursing Home Co Inc is a large nonprofit that has been operating for 55 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $38.4M |
| Total Expenses | $33.5M |
| Surplus / Deficit | +$4.9M |
| Total Assets | $22.4M |
| Total Liabilities | $5.7M |
| Net Assets | $16.8M |
| Operating Margin | 12.8% |
| Debt-to-Asset Ratio | 25.2% |
| Months of Reserves | 8.0 months |
Financial Health Grade: A
In 2023, Teresian House Nursing Home Co Inc reported a surplus of $4.9M with revenue exceeding expenses, holds 8.0 months of operating reserves (strong position), has a debt-to-asset ratio of 25.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Teresian House Nursing Home Co Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +29.5% | +6.1% | +24.6% |
| 2022 | -6.4% | +6.5% | -8.2% |
| 2021 | +7.7% | -7.1% | -2.7% |
| 2020 | -6.2% | -0.7% | +1.7% |
| 2019 | +9.5% | +8.3% | -7.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1971 |
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 Teresian House Nursing Home Co Inc 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Teresian House Nursing Home Co 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 $4.9M, with revenue exceeding expenses.
- Debt-to-asset ratio: 25.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation directly from the organization, which is highly unusual for an organization with annual revenues exceeding $30 million.
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 Teresian House Nursing Home Co Inc's IRS 990 filings:
- Unusually low (0%) reported officer compensation for an organization of this size, which might indicate compensation is covered by a related entity or not fully disclosed in this section.
Strengths
The following positive indicators were identified for Teresian House Nursing Home Co Inc:
- Strong program spending implied by 0% officer compensation and a mission-focused NTEE code (E910 - Nursing Homes).
- Positive revenue-to-expense ratio in the latest filing (202312: $38,429,883 revenue vs. $33,522,476 expenses).
- Consistent financial reporting over 13 filings, demonstrating transparency.
- Growing asset base, increasing from $17,998,170 in 202212 to $22,429,415 in 202312.
Frequently Asked Questions about Teresian House Nursing Home Co Inc
Is Teresian House Nursing Home Co Inc a legitimate charity?
Teresian House Nursing Home Co Inc (EIN: 141539594) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $38.2M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Teresian House Nursing Home Co Inc spend its money?
Teresian House Nursing Home Co Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Teresian House Nursing Home Co Inc tax-deductible?
Teresian House Nursing Home Co Inc is registered as a tax-exempt nonprofit (EIN: 141539594). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Teresian House Nursing Home Co Inc CEO make?
Teresian House Nursing Home Co Inc's highest-compensated officer earns $30 annually. The organization reported $38.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Teresian House Nursing Home Co Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Teresian House Nursing Home Co Inc is above average for NTEE category E910 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Teresian House Nursing Home Co Inc located?
Teresian House Nursing Home Co Inc is headquartered in Albany, New York and files with the IRS under EIN 141539594. It is classified under NTEE code E910.
How many years of IRS 990 filings does Teresian House Nursing Home Co Inc have?
Teresian House Nursing Home Co 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 $38.2M in total revenue.
Is Teresian House Nursing Home Co Inc financially stable?
Yes, the organization appears financially stable. In the 202312 period, revenue ($38,429,883) significantly exceeded expenses ($33,522,476), and assets have grown to $22,429,415, indicating a healthy financial position.
How does Teresian House manage executive compensation?
Teresian House Nursing Home Co Inc consistently reports 0% officer compensation across all 13 available filings, suggesting that no officers receive direct compensation from the organization, which is a strong indicator of resource allocation to its mission.
Has the organization's asset base been growing?
Yes, the organization's assets have shown growth, increasing from $17,998,170 in 202212 to $22,429,415 in 202312, demonstrating an improving financial foundation.
Filing History
IRS 990 filing history for Teresian House Nursing Home Co Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Teresian House Nursing Home Co Inc's revenue has grown by 57.6%, moving from $24.4M to $38.4M. Total assets decreased by 15.7% over the same period, from $26.6M to $22.4M. Total functional expenses rose by 35.6%, from $24.7M to $33.5M. In its most recent filing year (2023), Teresian House Nursing Home Co Inc reported a surplus of $4.9M, with revenue exceeding expenses. The organization holds $5.7M in liabilities against $22.4M in assets (debt-to-asset ratio: 25.2%), resulting in net assets of $16.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $38.4M | $33.5M | $22.4M | $5.7M | — | View 990 |
| 2022 | $29.7M | $31.6M | $18.0M | $6.1M | — | View 990 |
| 2021 | $31.7M | $29.7M | $19.6M | $5.8M | — | — |
| 2020 | $29.4M | $31.9M | $20.2M | $8.4M | — | View 990 |
| 2019 | $31.4M | $32.1M | $19.8M | $5.5M | — | View 990 |
| 2018 | $28.7M | $29.7M | $21.3M | $6.3M | — | View 990 |
| 2017 | $29.5M | $28.7M | $22.8M | $6.7M | — | View 990 |
| 2016 | $29.3M | $27.8M | $22.3M | $7.0M | — | View 990 |
| 2015 | $27.6M | $26.5M | $22.6M | $8.9M | — | View 990 |
| 2014 | $26.8M | $26.3M | $22.8M | $10.2M | — | View 990 |
| 2013 | $25.8M | $25.5M | $24.2M | $12.1M | — | View 990 |
| 2012 | $23.9M | $24.4M | $25.0M | $13.2M | — | View 990 |
| 2011 | $24.4M | $24.7M | $26.6M | $14.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $38.4M, expenses of $33.5M, and assets of $22.4M (revenue +29.5% year-over-year).
- 2022: Revenue of $29.7M, expenses of $31.6M, and assets of $18.0M (revenue -6.4% year-over-year).
- 2021: Revenue of $31.7M, expenses of $29.7M, and assets of $19.6M (revenue +7.7% year-over-year).
- 2020: Revenue of $29.4M, expenses of $31.9M, and assets of $20.2M (revenue -6.2% year-over-year).
- 2019: Revenue of $31.4M, expenses of $32.1M, and assets of $19.8M (revenue +9.5% year-over-year).
- 2018: Revenue of $28.7M, expenses of $29.7M, and assets of $21.3M (revenue -3.0% year-over-year).
- 2017: Revenue of $29.5M, expenses of $28.7M, and assets of $22.8M (revenue +0.9% year-over-year).
- 2016: Revenue of $29.3M, expenses of $27.8M, and assets of $22.3M (revenue +5.9% year-over-year).
- 2015: Revenue of $27.6M, expenses of $26.5M, and assets of $22.6M (revenue +3.0% year-over-year).
- 2014: Revenue of $26.8M, expenses of $26.3M, and assets of $22.8M (revenue +4.0% year-over-year).
- 2013: Revenue of $25.8M, expenses of $25.5M, and assets of $24.2M (revenue +7.8% year-over-year).
- 2012: Revenue of $23.9M, expenses of $24.4M, and assets of $25.0M (revenue -1.8% year-over-year).
- 2011: Revenue of $24.4M, expenses of $24.7M, and assets of $26.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Teresian House Nursing Home Co Inc:
Data Sources and Methodology
This transparency report for Teresian House Nursing Home Co 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.