Westhampton Senior Housing Inc

Overview

Mission

Westhampton senior housing, inc.'s (wsh) mission is to own, operate and maintain a housing development to provide affordable rental housing for senior residents in westhampton, Massachusetts and other related charitable purposes.

What it reported doing in 2024

To own, operate and maintain a housing development to provide affordable rental housing for senior residents in westhampton, Massachusetts and other related charitable purposes.

Operating model

Revenue model
Earned-program. 99% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

Nonprofit profile at a glance

EIN
202520469
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Headquarters
Chesterfield, MA, USA
Phone
4132964536
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Low-Income & Subsidized Rental Housing

Official website

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 90
  • Accountability: 95
  • Sustainability: 29
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 94%; rating input score 94
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -65.2%; rating input score 25; 25th percentile among comparable filings
  • Total-asset coverage ratio: 5.59; rating input score 51; 51st percentile among comparable filings
  • Liabilities to assets ratio: 1.7; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 18%; rating input score 13; 13th percentile among comparable filings

Growth

  • Program expense growth: 5.5% per year; rating input score 100; 67th percentile among comparable filings
  • Revenue growth: 3.2% per year; rating input score 100; 72nd percentile among comparable filings
  • Asset growth: -3% per year; rating input score 0; 26th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 94% of spending went to programs
  • Governance: 6 of 6 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $135K in reported program spending
  • Leadership: top reported pay $103K · 8 people listed
  • Consistency: 18 of 18 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 10 annual filings from 2012 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Leadership & pay

8 people listed

Highest reported compensation

  • DAVE CHRISTOPOLIS (EXECUTIVE DI): $102,783 total reported compensation
  • SAUL AGUILAR (DIRECTOR FN/): $87,793 total reported compensation

Source: IRS Form 990. Selected filing: FY2024.