The organization's exempt purpose is to provide affordable housing for the elderly.

501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
$244K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $283K a year · 13% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$244K
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
2 mo
of spending, in cash
Fine: 2.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $13K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$4.0M
102% of total assets
Concern: liabilities are 102% of assets; over 80%.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.7M
+13% vs prior year
Spent
$2.1M
To programs
91%
Net assets
−$69K
By yearFY2020–FY2025
Revenue
$2.7M
FY2025▲ +13%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.8M
FY2021$1.9M
FY2022$1.9M
FY2023$2.0M
FY2024$2.4M
FY2025$2.7M
Expenses
$2.1M
FY2025▲ +3%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.8M
FY2021$1.7M
FY2022$1.7M
FY2023$1.8M
FY2024$2.0M
FY2025$2.1M
Net assets
−$69K
FY2025▲ +91%
Tap a bar for its year
Net assets by fiscal year
FY2020−$2.0M
FY2021−$1.8M
FY2022−$1.5M
FY2023−$1.4M
FY2024−$723K
FY2025−$69K

From the FY2025 Form 990 (year ending September 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1997.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $1.9M Management & general 9% · $180K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

15 people listed on the 990; $244K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Secretary/Executive Director
$143,776Pt VII · Sec A
Resident Service Coordinator
$100,192Pt VII · Sec A
Director
$0Pt VII · Sec A
First Vice President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
2nd Vice President
$0Pt VII · Sec A
President
$0Pt VII · Sec A

Jonathan Reiner’s $144K as Secretary/Executive Director is at the 66th percentile of top reported officer pay among 2036 $1–10M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Jonathan Reiner$143,776$138,219$132,165$127,505$128,431$122,696
Ellen Cyr$100,192—————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides affordable housing for the elderly.

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Provided by the organization

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1 program · $1.9M · in their own filed words · FY2024
01

Rental of housing facilities to elderly and handicapped persons on a non-profit basis.

$1.9Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$13K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$2.7M
Ln 12
Gifts and grantsLn 1h$2.2M
Fees for servicesLn 2g$541K
Investment incomeLn 3$319
Money outPt IX
$2.1M
Ln 25
Programscol B$1.9M
Managementcol C$180K
Owns and owesPt X
−$69K
net assets · Ln 32
Cash and savingsLn 1–2$395K
Total assetsLn 16$3.9M
LiabilitiesLn 26$4.0M
PeoplePt VI, VII
15
listed · VII A
PaidVII A2
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.2M
Government grantsLn 1e$2.2M
Fees for servicesLn 2g$541K
Investment incomeLn 3$319
Total revenueLn 12$2.7M
Assets in detailPt X, end of year
CashLn 1$395K
Cash and savings togetherLn 1–2$395K
Land, buildings, equipmentLn 10c$2.6M
Other assetsLn 15$830K
Total assetsLn 16$3.9M
LiabilitiesLn 26$4.0M
Net assetsLn 32−$69K
OperationsPt I, VI
EmployeesI 54
VolunteersI 60
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$319K$395K
Land, buildings, equipmentLn 10c$2.2M$2.6M
Total assetsLn 16$3.4M$3.9M
LiabilitiesLn 26$4.1M$4.0M
Net assetsLn 32−$723K−$69K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$3K$3K
Pay of current officers, directors and key staffLn 5$167K$167K
Other salaries and wagesLn 7$331K$331K
Pension plan contributionsLn 8$12K$12K
Other employee benefitsLn 9$59K$59K
Payroll taxesLn 10$36K$36K
Management feesLn 11a$156K$156K
Legal feesLn 11b$1K$1K
Accounting feesLn 11c$35K$10K$25K
Other fees for servicesLn 11g$91K$91K
Advertising and promotionLn 12$12K$12K
Office expensesLn 13$72K$72K
OccupancyLn 16$369K$369K
TravelLn 17$2K$2K
InterestLn 20$131K$131K
Depreciation, depletion and amortizationLn 22$206K$206K
InsuranceLn 23$194K$194K
Other expenses (24a–d)Ln 24$154K$154K
All other expensesLn 24e$39K$39K
Total functional expensesLn 25$2.1M$1.9M$180K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $2.7M$2.1M$654K−$69K 990 PDF
FY2024 $2.4M$2.0M$411K−$723K 990 PDF
FY2023 $2.0M$1.8M$133K−$1.4M 990 PDF
FY2022 $1.9M$1.7M$237K−$1.5M 990 PDF
FY2021 $1.9M$1.7M$193K−$1.8M 990 PDF
FY2020 $1.8M$1.8M$71K−$2.0M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $2,724,060 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,904,531$2,182,526
I-9 Program service revenuePrior year $509,524$541,215
I-10 Investment incomePrior year $303$319
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $2,414,358$2,724,060
I-13 Grants and similar amounts paidPrior year $3,698$3,029
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $583,983$604,866
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,415,703$1,461,678
I-18 Total expensesPrior year $2,003,384$2,069,573
I-19 Revenue less expensesPrior year $410,974$654,487
Part VI · Governance 13 of 13 board members independent, 1 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,724,060 across 6 lines filed
VIII-1e Government grants$2,169,014
VIII-1f All other contributions, gifts and grants$13,512
VIII-1h Total contributions, gifts and grants$2,182,526
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $541,215$541,215
VIII-3 Investment incomeExcluded from tax $319$319
VIII-12 Total revenueRelated to mission $541,215 · Unrelated business $0 · Excluded from tax $319$2,724,060
Part IX · Statement of functional expenses $2,069,573 across 19 lines filed
IX-2 Grants to domestic individualsPrograms $3,029$3,029
IX-5 Pay of current officers, directors and key staffPrograms $166,629$166,629
IX-7 Other salaries and wagesPrograms $331,372$331,372
IX-8 Pension plan contributionsPrograms $12,291$12,291
IX-9 Other employee benefitsPrograms $59,064$59,064
IX-10 Payroll taxesPrograms $35,510$35,510
IX-11a Management feesManagement $155,843$155,843
IX-11b Legal feesPrograms $1,210$1,210
IX-11c Accounting feesPrograms $9,996 · Management $24,637$34,633
IX-11g Other fees for servicesPrograms $91,102$91,102
IX-12 Advertising and promotionPrograms $12,302$12,302
IX-13 Office expensesPrograms $71,962$71,962
IX-16 OccupancyPrograms $368,906$368,906
IX-17 TravelPrograms $1,889$1,889
IX-20 InterestPrograms $130,546$130,546
IX-22 Depreciation, depletion and amortizationPrograms $205,894$205,894
IX-23 InsurancePrograms $194,377$194,377
IX-24 Other expenses (24a–d)Programs $153,996$153,996
IX-24e All other expensesPrograms $39,018$39,018
IX-25 Total functional expensesPrograms $1,889,093 · Management $180,480 · Fundraising $0$2,069,573
Part X · Balance sheet $3,933,128 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $319,062$395,100
X-3 Pledges and grants receivableStart of year $55,760$57,154
X-4 Accounts receivableStart of year $752$3,269
X-9 Prepaid expenses and deferred chargesStart of year $32,916$19,278
X-10c Land, buildings and equipment, netStart of year $2,247,128$2,628,264
X-15 Other assetsStart of year $739,328$830,063
X-16 Total assetsStart of year $3,394,946$3,933,128
X-17 Accounts payable and accrued expensesStart of year $412,804$457,481
X-19 Deferred revenueStart of year $8,689$8,507
X-26 Total liabilitiesStart of year $4,118,066$4,001,761
X-27 Net assets without donor restrictionsStart of year −$723,120−$68,633
X-32 Total net assets or fund balancesStart of year −$723,120−$68,633
X-33 Total liabilities and net assetsStart of year $3,394,946$3,933,128
Part XI · Reconciliation of net assets −$68,633 net assets at year end
XI-1 Total revenue$2,724,060
XI-2 Total expenses$2,069,573
XI-3 Revenue less expenses$654,487
XI-4 Net assets at start of year−$723,120
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$68,633

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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