Wellstone Commons Senior Housing
EIN: 300145891 · Saint Paul, MN · NTEE: L22
| Metric | Value |
|---|---|
| Total Revenue | $244K |
| Total Expenses | $306K |
| Net Assets | $1.5M |
Is Wellstone Commons Senior Housing Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wellstone Commons Senior Housing
Wellstone Commons Senior Housing (EIN: 300145891) is a nonprofit organization based in Saint Paul, MN, classified under NTEE code L22. The organization reported total revenue of $244K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wellstone Commons Senior Housing's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wellstone Commons Senior Housing is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $219K |
| Total Expenses | $306K |
| Surplus / Deficit | $-87,511 |
| Total Assets | $1.6M |
| Total Liabilities | $34K |
| Net Assets | $1.5M |
| Operating Margin | -40.0% |
| Debt-to-Asset Ratio | 2.1% |
| Months of Reserves | 61.9 months |
Financial Health Grade: B
In 2023, Wellstone Commons Senior Housing reported a deficit of $88K with expenses exceeding revenue, holds 61.9 months of operating reserves (strong position), has a debt-to-asset ratio of 2.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Wellstone Commons Senior Housing's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.7% | +6.4% | -7.8% |
| 2022 | -1.5% | +15.7% | +0.4% |
| 2021 | +2.8% | +2.2% | -1.2% |
| 2020 | +19.5% | -1.7% | -0.3% |
| 2019 | +3.2% | -1.8% | -2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wellstone Commons Senior Housing has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Wellstone Commons Senior Housing with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $88K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.1%.
Frequently Asked Questions about Wellstone Commons Senior Housing
Is Wellstone Commons Senior Housing a legitimate charity?
Wellstone Commons Senior Housing (EIN: 300145891) is a registered tax-exempt nonprofit based in Minnesota. It has 13 years of IRS 990 filings on record. Total revenue: $244K. No red flags identified. Financial health grade: B.
How does Wellstone Commons Senior Housing spend its money?
Wellstone Commons Senior Housing reported $244K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Wellstone Commons Senior Housing tax-deductible?
Wellstone Commons Senior Housing is registered as a tax-exempt nonprofit (EIN: 300145891). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wellstone Commons Senior Housing located?
Wellstone Commons Senior Housing is headquartered in Saint Paul, Minnesota and files with the IRS under EIN 300145891. It is classified under NTEE code L22.
How many years of IRS 990 filings does Wellstone Commons Senior Housing have?
Wellstone Commons Senior Housing 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 $244K in total revenue.
Filing History
IRS 990 filing history for Wellstone Commons Senior Housing showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wellstone Commons Senior Housing's revenue has grown by 47.1%, moving from $149K to $219K. Total assets decreased by 25.1% over the same period, from $2.1M to $1.6M. Total functional expenses rose by 41.3%, from $217K to $306K. In its most recent filing year (2023), Wellstone Commons Senior Housing reported a deficit of $88K, with expenses exceeding revenue. The organization holds $34K in liabilities against $1.6M in assets (debt-to-asset ratio: 2.1%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $219K | $306K | $1.6M | $34K | — | — |
| 2022 | $240K | $288K | $1.7M | $80K | — | View 990 |
| 2021 | $243K | $249K | $1.7M | $26K | — | View 990 |
| 2020 | $237K | $243K | $1.7M | $42K | — | View 990 |
| 2019 | $198K | $248K | $1.7M | $40K | — | View 990 |
| 2018 | $192K | $252K | $1.8M | $38K | — | View 990 |
| 2017 | $182K | $246K | $1.8M | $28K | — | View 990 |
| 2016 | $188K | $230K | $1.9M | $24K | — | View 990 |
| 2015 | $183K | $226K | $1.9M | $30K | — | View 990 |
| 2014 | $187K | $230K | $2.0M | $34K | — | View 990 |
| 2013 | $184K | $224K | $2.0M | $28K | — | View 990 |
| 2012 | $166K | $211K | $2.1M | $32K | — | View 990 |
| 2011 | $149K | $217K | $2.1M | $29K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $219K, expenses of $306K, and assets of $1.6M (revenue -8.7% year-over-year).
- 2022: Revenue of $240K, expenses of $288K, and assets of $1.7M (revenue -1.5% year-over-year).
- 2021: Revenue of $243K, expenses of $249K, and assets of $1.7M (revenue +2.8% year-over-year).
- 2020: Revenue of $237K, expenses of $243K, and assets of $1.7M (revenue +19.5% year-over-year).
- 2019: Revenue of $198K, expenses of $248K, and assets of $1.7M (revenue +3.2% year-over-year).
- 2018: Revenue of $192K, expenses of $252K, and assets of $1.8M (revenue +5.4% year-over-year).
- 2017: Revenue of $182K, expenses of $246K, and assets of $1.8M (revenue -3.2% year-over-year).
- 2016: Revenue of $188K, expenses of $230K, and assets of $1.9M (revenue +3.0% year-over-year).
- 2015: Revenue of $183K, expenses of $226K, and assets of $1.9M (revenue -2.2% year-over-year).
- 2014: Revenue of $187K, expenses of $230K, and assets of $2.0M (revenue +1.5% year-over-year).
- 2013: Revenue of $184K, expenses of $224K, and assets of $2.0M (revenue +10.9% year-over-year).
- 2012: Revenue of $166K, expenses of $211K, and assets of $2.1M (revenue +11.6% year-over-year).
- 2011: Revenue of $149K, expenses of $217K, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wellstone Commons Senior Housing:
Data Sources and Methodology
This transparency report for Wellstone Commons Senior Housing 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.