Wartburg Senior Housing Inc
Wartburg Senior Housing Inc. consistently maintains positive net income and reports no direct officer compensation.
EIN: 134043128 · Mt Vernon, NY · NTEE: L22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.2M |
| Total Expenses | $8.3M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $8 |
| Net Assets | $9.8M |
| Transparency Score | 85/100 |
Is Wartburg Senior Housing Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wartburg Senior Housing Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wartburg Senior Housing Inc
Wartburg Senior Housing Inc (EIN: 134043128) is a nonprofit organization based in Mt Vernon, NY, classified under NTEE code L22. The organization reported total revenue of $8.2M and total assets of $22.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wartburg Senior Housing Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wartburg Senior Housing Inc is a mid-size nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.5M |
| Total Expenses | $8.3M |
| Surplus / Deficit | +$168K |
| Total Assets | $20.9M |
| Total Liabilities | $11.0M |
| Net Assets | $9.8M |
| Operating Margin | 2.0% |
| Debt-to-Asset Ratio | 52.9% |
| Months of Reserves | 30.2 months |
Financial Health Grade: A
In 2023, Wartburg Senior Housing Inc reported a surplus of $168K with revenue exceeding expenses, holds 30.2 months of operating reserves (strong position), has a debt-to-asset ratio of 52.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Wartburg Senior Housing Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.6% | +5.9% | -2.8% |
| 2022 | +11.1% | +3.5% | +5.0% |
| 2021 | +2.1% | -1.0% | +3.0% |
| 2020 | -8.8% | -5.0% | -1.5% |
| 2019 | +1.6% | +4.1% | +2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
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 Wartburg Senior 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Wartburg Senior Housing Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $168K, with revenue exceeding expenses.
- Debt-to-asset ratio: 52.9%.
Executive Compensation Analysis
Wartburg Senior Housing Inc. consistently reports 0% officer compensation across all available IRS 990 filings, indicating that direct executive salaries are not paid by this entity, which is highly unusual for an organization of its size with over $8 million in annual revenue.
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 Wartburg Senior Housing Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data, limiting precise efficiency analysis.
- Consistent 0% officer compensation for an organization of this size, which, while potentially positive, warrants further inquiry into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Wartburg Senior Housing Inc:
- Consistent positive net income, demonstrating sound financial management.
- Stable and growing asset base, indicating long-term financial health.
- No reported officer compensation, suggesting a high dedication of resources to the mission or a unique compensation structure.
- Consistent filing history, indicating good transparency and compliance.
Frequently Asked Questions about Wartburg Senior Housing Inc
Is Wartburg Senior Housing Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wartburg Senior Housing Inc (EIN: 134043128) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Wartburg Senior Housing Inc spend its money?
Wartburg Senior Housing Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wartburg Senior Housing Inc tax-deductible?
Wartburg Senior Housing Inc is registered as a tax-exempt nonprofit (EIN: 134043128). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Wartburg Senior Housing Inc CEO make?
Wartburg Senior Housing Inc's highest-compensated officer earns $8 annually. The organization reported $8.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Wartburg Senior Housing Inc's spending goes to programs?
Wartburg Senior Housing Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Wartburg Senior Housing Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Wartburg Senior Housing Inc is above average for NTEE category L22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wartburg Senior Housing Inc located?
Wartburg Senior Housing Inc is headquartered in Mt Vernon, New York and files with the IRS under EIN 134043128. It is classified under NTEE code L22.
How many years of IRS 990 filings does Wartburg Senior Housing Inc have?
Wartburg Senior Housing 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 $8.2M in total revenue.
Is Wartburg Senior Housing Inc. a good charity?
Based on the provided financial data, Wartburg Senior Housing Inc. appears to be a financially stable organization with consistent positive net income and a growing asset base. The reported 0% officer compensation is a significant positive indicator of resource allocation, suggesting a strong focus on its mission. However, without a detailed functional expense breakdown, a definitive assessment of program spending efficiency is limited.
How does Wartburg Senior Housing Inc. manage its executive compensation?
The IRS 990 filings consistently show 0% officer compensation for Wartburg Senior Housing Inc. This suggests that executive compensation is either paid by a related entity, covered by a different reporting structure, or that the organization operates with entirely volunteer leadership at the officer level. This practice is highly uncommon for an organization of this scale.
What is the trend in Wartburg Senior Housing Inc.'s financial health?
Wartburg Senior Housing Inc. demonstrates a stable to improving financial trend. Revenues have consistently been in the $8-9 million range, and expenses are well-managed, leading to positive net income in most years. Assets have steadily grown from $17.1 million in 2015 to $20.8 million in 2023, indicating long-term financial stability and growth.
Filing History
IRS 990 filing history for Wartburg Senior Housing Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wartburg Senior Housing Inc's revenue has grown by 20.6%, moving from $7.0M to $8.5M. Total assets increased by 19.5% over the same period, from $17.5M to $20.9M. Total functional expenses rose by 21.2%, from $6.8M to $8.3M. In its most recent filing year (2023), Wartburg Senior Housing Inc reported a surplus of $168K, with revenue exceeding expenses. The organization holds $11.0M in liabilities against $20.9M in assets (debt-to-asset ratio: 52.9%), resulting in net assets of $9.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.5M | $8.3M | $20.9M | $11.0M | — | — |
| 2022 | $9.3M | $7.8M | $21.5M | $10.3M | — | View 990 |
| 2021 | $8.3M | $7.6M | $20.4M | $10.7M | — | View 990 |
| 2020 | $8.2M | $7.6M | $19.8M | $10.9M | — | View 990 |
| 2019 | $8.9M | $8.0M | $20.1M | $11.7M | — | View 990 |
| 2018 | $8.8M | $7.7M | $19.6M | $12.1M | — | View 990 |
| 2017 | $8.2M | $7.6M | $17.8M | $11.3M | — | View 990 |
| 2016 | $8.0M | $7.3M | $17.4M | $11.5M | — | View 990 |
| 2015 | $8.0M | $7.8M | $17.1M | $12.0M | — | View 990 |
| 2014 | $8.0M | $7.3M | $17.6M | $12.3M | — | View 990 |
| 2013 | $7.5M | $7.2M | $17.3M | $12.8M | — | View 990 |
| 2012 | $7.2M | $6.8M | $17.4M | $13.2M | — | View 990 |
| 2011 | $7.0M | $6.8M | $17.5M | $13.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.5M, expenses of $8.3M, and assets of $20.9M (revenue -8.6% year-over-year).
- 2022: Revenue of $9.3M, expenses of $7.8M, and assets of $21.5M (revenue +11.1% year-over-year).
- 2021: Revenue of $8.3M, expenses of $7.6M, and assets of $20.4M (revenue +2.1% year-over-year).
- 2020: Revenue of $8.2M, expenses of $7.6M, and assets of $19.8M (revenue -8.8% year-over-year).
- 2019: Revenue of $8.9M, expenses of $8.0M, and assets of $20.1M (revenue +1.6% year-over-year).
- 2018: Revenue of $8.8M, expenses of $7.7M, and assets of $19.6M (revenue +7.4% year-over-year).
- 2017: Revenue of $8.2M, expenses of $7.6M, and assets of $17.8M (revenue +1.8% year-over-year).
- 2016: Revenue of $8.0M, expenses of $7.3M, and assets of $17.4M (revenue +0.4% year-over-year).
- 2015: Revenue of $8.0M, expenses of $7.8M, and assets of $17.1M (revenue +0.5% year-over-year).
- 2014: Revenue of $8.0M, expenses of $7.3M, and assets of $17.6M (revenue +5.8% year-over-year).
- 2013: Revenue of $7.5M, expenses of $7.2M, and assets of $17.3M (revenue +5.2% year-over-year).
- 2012: Revenue of $7.2M, expenses of $6.8M, and assets of $17.4M (revenue +2.1% year-over-year).
- 2011: Revenue of $7.0M, expenses of $6.8M, and assets of $17.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wartburg Senior Housing Inc:
Data Sources and Methodology
This transparency report for Wartburg Senior 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.