West Long Branch Senior Citizens Housing Corporation
West Long Branch Senior Citizens Housing Corporation: Stable Finances, High Program Spending
EIN: 222035637 · West Long Branch, NJ · NTEE: L22 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $1.9M |
| Program Spending | 95% |
| Net Assets | $3.7M |
| Transparency Score | 85/100 |
Is West Long Branch Senior Citizens Housing Corporation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
West Long Branch Senior Citizens Housing Corporation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About West Long Branch Senior Citizens Housing Corporation
West Long Branch Senior Citizens Housing Corporation (EIN: 222035637) is a nonprofit organization based in West Long Branch, NJ, classified under NTEE code L22. The organization reported total revenue of $2.0M and total assets of $3.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of West Long Branch Senior Citizens Housing Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
West Long Branch Senior Citizens Housing Corporation is a mid-size nonprofit that has been operating for 49 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $1.9M |
| Surplus / Deficit | +$98K |
| Total Assets | $3.9M |
| Total Liabilities | $205K |
| Net Assets | $3.7M |
| Operating Margin | 4.8% |
| Debt-to-Asset Ratio | 5.3% |
| Months of Reserves | 24.2 months |
Financial Health Grade: A
In 2023, West Long Branch Senior Citizens Housing Corporation reported a surplus of $98K with revenue exceeding expenses, holds 24.2 months of operating reserves (strong position), has a debt-to-asset ratio of 5.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), West Long Branch Senior Citizens Housing Corporation's revenue has grown at a compound annual growth rate (CAGR) of 0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.8% | +2.0% | +1.6% |
| 2022 | +4.7% | +11.2% | +4.6% |
| 2021 | +3.0% | +2.2% | +4.4% |
| 2020 | +9.9% | +2.7% | +6.5% |
| 2019 | -5.0% | -3.4% | +3.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1977 |
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 West Long Branch Senior Citizens Housing Corporation 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: 3%
- programs: 95%
- fundraising: 2%
According to IRS 990 filings, West Long Branch Senior Citizens Housing Corporation allocates its expenses as follows: admin: 3%, programs: 95%, fundraising: 2%. With 95% 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 $98K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.3%.
Executive Compensation Analysis
Executive compensation is not reported in the provided data, suggesting it is either minimal or covered under general administrative expenses, as the 'c' field consistently shows 0%.
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.
Strengths
The following positive indicators were identified for West Long Branch Senior Citizens Housing Corporation:
- Consistent revenue generation over several years, indicating stable operations.
- High percentage of spending directly on programs (95%), demonstrating a strong commitment to its mission.
- Healthy asset-to-liability ratio, with assets of $3,745,721 against liabilities of $204,658 in 2023.
- Low administrative and fundraising costs, maximizing resources for beneficiaries.
Frequently Asked Questions about West Long Branch Senior Citizens Housing Corporation
Is West Long Branch Senior Citizens Housing Corporation a legitimate charity?
West Long Branch Senior Citizens Housing Corporation (EIN: 222035637) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.0M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does West Long Branch Senior Citizens Housing Corporation spend its money?
West Long Branch Senior Citizens Housing Corporation directs 95% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to West Long Branch Senior Citizens Housing Corporation tax-deductible?
West Long Branch Senior Citizens Housing Corporation is registered as a tax-exempt nonprofit (EIN: 222035637). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of West Long Branch Senior Citizens Housing Corporation's spending goes to programs?
West Long Branch Senior Citizens Housing Corporation directs 95% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does West Long Branch Senior Citizens Housing Corporation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), West Long Branch Senior Citizens Housing Corporation 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 West Long Branch Senior Citizens Housing Corporation located?
West Long Branch Senior Citizens Housing Corporation is headquartered in West Long Branch, New Jersey and files with the IRS under EIN 222035637. It is classified under NTEE code L22.
How many years of IRS 990 filings does West Long Branch Senior Citizens Housing Corporation have?
West Long Branch Senior Citizens Housing Corporation 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 $2.0M in total revenue.
What does West Long Branch Senior Citizens Housing Corporation do?
West Long Branch Senior Citizens Housing Corporation is a nonprofit organization in the Housing & Shelter sector, located in West Long Branch, New Jersey. It is classified under NTEE code L22.
How much revenue does West Long Branch Senior Citizens Housing Corporation have?
West Long Branch Senior Citizens Housing Corporation reported total revenue of $2,030,270. Based on 13 IRS 990 filings on record.
What are West Long Branch Senior Citizens Housing Corporation's total assets?
West Long Branch Senior Citizens Housing Corporation holds total assets of $3,745,721 as reported in IRS 990 filings.
Where is West Long Branch Senior Citizens Housing Corporation located?
West Long Branch Senior Citizens Housing Corporation is based in West Long Branch, New Jersey.
What is West Long Branch Senior Citizens Housing Corporation's EIN?
West Long Branch Senior Citizens Housing Corporation's Employer Identification Number (EIN) is 222035637. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is West Long Branch Senior Citizens Housing Corporation?
West Long Branch Senior Citizens Housing Corporation is classified under NTEE code L22 (Housing & Shelter).
Is West Long Branch Senior Citizens Housing Corporation a registered 501(c)(3)?
Yes, West Long Branch Senior Citizens Housing Corporation is recognized as a tax-exempt organization by the IRS. EIN: 222035637.
Does West Long Branch Senior Citizens Housing Corporation file IRS Form 990?
Yes, West Long Branch Senior Citizens Housing Corporation has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was West Long Branch Senior Citizens Housing Corporation's revenue in 2023?
In the 202312 filing period, West Long Branch Senior Citizens Housing Corporation reported total revenue of $2,031,470, total expenses of $1,933,625, and net assets of $3,895,087.
Is West Long Branch Senior Citizens Housing Corporation's revenue growing or declining?
West Long Branch Senior Citizens Housing Corporation's revenue is relatively stable. Revenue went from $1,995,429 (202212) to $2,031,470 (202312), a +1.8% change. Based on 13 filings on record.
What is West Long Branch Senior Citizens Housing Corporation's most recent 990 filing?
The most recent IRS Form 990 filing for West Long Branch Senior Citizens Housing Corporation covers tax period 202312. It shows revenue of $2,031,470, expenses of $1,933,625, total assets of $3,895,087, and liabilities of $204,658.
How much does West Long Branch Senior Citizens Housing Corporation spend on programs vs administration?
Based on IRS 990 analysis, West Long Branch Senior Citizens Housing Corporation allocates approximately 95% of expenses to program services, 3% to administrative costs, and 2% to fundraising. This indicates strong program focus.
Is West Long Branch Senior Citizens Housing Corporation a trustworthy charity?
Based on AI analysis of IRS 990 data, West Long Branch Senior Citizens Housing Corporation appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are West Long Branch Senior Citizens Housing Corporation's strengths?
Positive indicators for West Long Branch Senior Citizens Housing Corporation include: Consistent revenue generation over several years, indicating stable operations.. High percentage of spending directly on programs (95%), demonstrating a strong commitment to its mission.. Healthy asset-to-liability ratio, with assets of $3,745,721 against liabilities of $204,658 in 2023.. Low administrative and fundraising costs, maximizing resources for beneficiaries.. These findings are derived from AI analysis of the organization's financial filings.
How does West Long Branch Senior Citizens Housing Corporation compensate executives?
Executive compensation is not reported in the provided data, suggesting it is either minimal or covered under general administrative expenses, as the 'c' field consistently shows 0%. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent revenue and asset growth, what specific initiatives or capital improvements has the organization undertaken to enhance senior citizen housing?
While the financial data shows growth in assets from $3,193,162 in 2018 to $3,745,721 in 2023, the filings do not detail specific capital improvement projects or new initiatives. This growth could be due to property value appreciation or general reinvestment in existing facilities.
With 95% of spending on programs, how does the organization measure the impact and success of its housing programs for senior citizens?
The provided financial data does not include metrics for program impact or success. While the high program spending is positive, without additional reporting, it's difficult to assess the qualitative outcomes for the senior citizens served.
Filing History
IRS 990 filing history for West Long Branch Senior Citizens Housing Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), West Long Branch Senior Citizens Housing Corporation's revenue has grown by 4.3%, moving from $1.9M to $2.0M. Total assets decreased by 17.8% over the same period, from $4.7M to $3.9M. Total functional expenses rose by 15.7%, from $1.7M to $1.9M. In its most recent filing year (2023), West Long Branch Senior Citizens Housing Corporation reported a surplus of $98K, with revenue exceeding expenses. The organization holds $205K in liabilities against $3.9M in assets (debt-to-asset ratio: 5.3%), resulting in net assets of $3.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $1.9M | $3.9M | $205K | — | — |
| 2022 | $2.0M | $1.9M | $3.8M | $242K | — | View 990 |
| 2021 | $1.9M | $1.7M | $3.7M | $174K | — | View 990 |
| 2020 | $1.9M | $1.7M | $3.5M | $221K | — | — |
| 2019 | $1.7M | $1.6M | $3.3M | $212K | — | View 990 |
| 2018 | $1.8M | $1.7M | $3.2M | $166K | — | View 990 |
| 2017 | $1.8M | $1.6M | $3.4M | $465K | — | View 990 |
| 2016 | $1.5M | $1.6M | $3.6M | $871K | — | View 990 |
| 2015 | $1.7M | $1.7M | $4.0M | $1.2M | — | View 990 |
| 2014 | $1.7M | $1.7M | $4.3M | $1.5M | — | View 990 |
| 2013 | $1.8M | $1.6M | $4.7M | $1.9M | — | View 990 |
| 2012 | $2.1M | $1.6M | $4.7M | $2.1M | — | View 990 |
| 2011 | $1.9M | $1.7M | $4.7M | $2.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $1.9M, and assets of $3.9M (revenue +1.8% year-over-year).
- 2022: Revenue of $2.0M, expenses of $1.9M, and assets of $3.8M (revenue +4.7% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.7M, and assets of $3.7M (revenue +3.0% year-over-year).
- 2020: Revenue of $1.9M, expenses of $1.7M, and assets of $3.5M (revenue +9.9% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.6M, and assets of $3.3M (revenue -5.0% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.7M, and assets of $3.2M (revenue -4.0% year-over-year).
- 2017: Revenue of $1.8M, expenses of $1.6M, and assets of $3.4M (revenue +25.3% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.6M, and assets of $3.6M (revenue -15.3% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.7M, and assets of $4.0M (revenue +1.7% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.7M, and assets of $4.3M (revenue -6.9% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.6M, and assets of $4.7M (revenue -10.9% year-over-year).
- 2012: Revenue of $2.1M, expenses of $1.6M, and assets of $4.7M (revenue +5.7% year-over-year).
- 2011: Revenue of $1.9M, expenses of $1.7M, and assets of $4.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for West Long Branch Senior Citizens Housing Corporation:
Data Sources and Methodology
This transparency report for West Long Branch Senior Citizens Housing Corporation 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.