United Methodist Homes Of New Jersey

United Methodist Homes Of New Jersey reports consistent operational deficits in recent years and declining assets since 2018.

EIN: 210634464 · Neptune, NJ · NTEE: P750 · Updated: 2026-03-28

$57.0MRevenue

$59.0MAssets

70/100Mission Score (Good)

P750

About United Methodist Homes Of New Jersey

United Methodist Homes Of New Jersey (EIN: 210634464) is a nonprofit organization based in Neptune, NJ, classified under NTEE code P750. The organization reported total revenue of $57.0M and total assets of $59.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of United Methodist Homes Of New Jersey's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

United Methodist Homes Of New Jersey demonstrates consistent financial activity, with revenues and expenses generally in the $38M-$57M range over the past decade. The organization has experienced a period of declining assets from a peak of $89.9M in 2018 to $66.7M in 2023, while liabilities have remained relatively stable, indicating a shift in its financial structure. The most recent filing (2023) shows expenses exceeding revenue by approximately $5.7M, a trend also observed in the previous three years, suggesting operational deficits.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the consistent reporting of 0% for officer compensation across all filings is a notable point regarding executive pay, suggesting that top leadership may be compensated through other means or that the organization's structure does not categorize these individuals as 'officers' in the context of the 990's compensation section. This could also indicate a high degree of volunteer leadership or that compensation is reported under different categories.

Transparency regarding executive compensation appears high, with the explicit 0% reported. However, a more granular breakdown of functional expenses would enhance the understanding of spending efficiency. The consistent filing of IRS Form 990s over many years indicates a commitment to regulatory compliance and public disclosure.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates United Methodist Homes Of New Jersey with a Mission Score of 70 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: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, United Methodist Homes Of New Jersey allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% for officer compensation across all available filings, which is unusual for an organization of this size with revenues exceeding $40 million annually. This suggests either a highly volunteer-led executive structure or that executive compensation is reported under different categories not captured by the 'Officer Comp' metric, warranting further investigation for full transparency.

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 United Methodist Homes Of New Jersey's IRS 990 filings:

Consistent operational deficits in recent years (e.g., $5.7M deficit in 2023)
Significant decline in total assets over the past five years (from $89.9M in 2018 to $66.7M in 2023)
Unusually low or 0% reported officer compensation for an organization of this size, which may obscure actual executive pay.

Strengths

The following positive indicators were identified for United Methodist Homes Of New Jersey:

Long history of IRS 990 filings, indicating regulatory compliance and transparency.
Substantial asset base ($66.7M in 2023) despite recent declines, providing financial stability.
Consistent revenue generation over many years, demonstrating a stable operational model.

Frequently Asked Questions about United Methodist Homes Of New Jersey

Why has United Methodist Homes Of New Jersey experienced operational deficits in its most recent fiscal years?

The filings for 2023, 2022, 2021, and 2020 all show expenses exceeding revenue (e.g., $48.1M expenses vs. $42.3M revenue in 2023), indicating a trend of operational deficits. The specific reasons are not detailed in the provided summary data but could relate to increased operating costs, investment losses, or decreased revenue streams.

What is the reason for the consistent 0% officer compensation reported?

The consistent reporting of 0% for officer compensation across all 13 filings is highly unusual for an organization with annual revenues in the tens of millions. This could mean that executive leadership is entirely volunteer-based, compensated through a related entity, or that their compensation is categorized differently on the 990, such as 'salaries and wages' for non-officer employees, which would require reviewing the full 990 for clarity.

What factors contributed to the decline in assets from $89.9M in 2018 to $66.7M in 2023?

The organization's assets have decreased significantly from a peak of $89.9M in 2018 to $66.7M in 2023. This decline could be due to asset sales, depreciation, investment losses, or using assets to cover operational deficits, especially given the recent trend of expenses exceeding revenues.

Filing History

IRS 990 filing history for United Methodist Homes Of New Jersey showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), United Methodist Homes Of New Jersey's revenue has grown by 123.3%, moving from $19.0M to $42.4M. Total assets increased by 56.2% over the same period, from $42.7M to $66.7M. Total functional expenses rose by 131.9%, from $20.8M to $48.1M. In its most recent filing year (2023), United Methodist Homes Of New Jersey reported a deficit of $5.8M, with expenses exceeding revenue. The organization holds $51.4M in liabilities against $66.7M in assets (debt-to-asset ratio: 77.1%), resulting in net assets of $15.3M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$42.4M	$48.1M	$66.7M	$51.4M	—	View 990
2022	$40.6M	$44.5M	$60.3M	$40.1M	—	View 990
2021	$39.3M	$41.6M	$66.4M	$41.6M	—	View 990
2020	$41.2M	$42.2M	$71.8M	$44.0M	—	View 990
2019	$38.5M	$37.9M	$86.5M	$48.9M	—	View 990
2018	$37.8M	$35.8M	$89.9M	$50.9M	—	View 990
2017	$55.2M	$40.8M	$85.4M	$49.4M	—	View 990
2016	$43.9M	$42.5M	$73.4M	$52.3M	—	View 990
2015	$40.9M	$40.4M	$77.5M	$56.7M	—	View 990
2014	$24.6M	$24.0M	$44.4M	$42.0M	—	View 990
2013	$25.9M	$22.7M	$43.4M	$40.6M	—	View 990
2012	$22.7M	$25.2M	$41.6M	$41.6M	—	View 990
2011	$19.0M	$20.8M	$42.7M	$38.0M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $42.4M, expenses of $48.1M, and assets of $66.7M (revenue +4.4% year-over-year).
2022: Revenue of $40.6M, expenses of $44.5M, and assets of $60.3M (revenue +3.3% year-over-year).
2021: Revenue of $39.3M, expenses of $41.6M, and assets of $66.4M (revenue -4.6% year-over-year).
2020: Revenue of $41.2M, expenses of $42.2M, and assets of $71.8M (revenue +7.2% year-over-year).
2019: Revenue of $38.5M, expenses of $37.9M, and assets of $86.5M (revenue +1.8% year-over-year).
2018: Revenue of $37.8M, expenses of $35.8M, and assets of $89.9M (revenue -31.5% year-over-year).
2017: Revenue of $55.2M, expenses of $40.8M, and assets of $85.4M (revenue +25.7% year-over-year).
2016: Revenue of $43.9M, expenses of $42.5M, and assets of $73.4M (revenue +7.2% year-over-year).
2015: Revenue of $40.9M, expenses of $40.4M, and assets of $77.5M (revenue +66.3% year-over-year).
2014: Revenue of $24.6M, expenses of $24.0M, and assets of $44.4M (revenue -5.0% year-over-year).
2013: Revenue of $25.9M, expenses of $22.7M, and assets of $43.4M (revenue +14.3% year-over-year).
2012: Revenue of $22.7M, expenses of $25.2M, and assets of $41.6M (revenue +19.5% year-over-year).
2011: Revenue of $19.0M, expenses of $20.8M, and assets of $42.7M.

Data Sources and Methodology

This transparency report for United Methodist Homes Of New Jersey 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.