Hotgs Inc

Nonprofit profile at a glance

EIN
881926650
IRS 990 coverage
2023–2024
Forms available
Form 990 2024
Location
Basking Ridge, NJ, USA
Phone
9085803805
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Senior Citizens' Housing/Retirement Communities

Reported finances

Revenue
$9,689,964
Expenses
$8,407,293
Assets
$44,606,837
Liabilities
$11,037,873

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • BRIAN G LAWRENCE (PRESIDENT & CEO)
  • SUSAN ELAINE LANZA (EXECUTIVE DIRECTOR)

Highest reported compensation

  • BRIAN G LAWRENCE (PRESIDENT & CEO): $835,231 total reported compensation
  • MARK F MAZZELLA (CHIEF FINANCIAL OFFICER): $317,552 total reported compensation
  • SUSAN ELAINE LANZA (EXECUTIVE DIRECTOR): $243,079 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To create innovative opportunities to enrich the lives of older adults

What it reported doing in 2024

House of the good shepherd operates a continuing care retirement community providing housing, health care, and other related services to elderly residents through the operation of assisted living and independent living residences. There are 45 units of independent living located in our main building and on the grounds. Cottages, apartments, and duplexes serve seniors who are independent yet value the security of 24/7 emergency assistance and a wide variety of services and programs. Continued on schedule o.in assisted living, staff is available to assist with medication administration and provide watchful oversight to seniors who are no longer able to be totally independent.the house of the good shepherd is licensed by the state of New Jersey as a continuing care retirement community and assisted nursing facility.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 65
  • Accountability: 86
  • Sustainability: 71
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74%; rating input score 74
  • Program expense ratio: 85.3%; rating input score 85
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 90.9%; rating input score 91; 21st percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • 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: 13.2%; rating input score 68; 68th percentile among comparable filings
  • Total-asset coverage ratio: 5.31; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: 0.25; rating input score 39; 39th percentile among comparable filings
  • Officer compensation ratio: 0.7%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 88.1% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: 59.8% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: -3.6% per year; rating input score 0; 5th percentile among comparable filings

Details

  • Where the money goes: 74% of revenue deployed · 85.3% of spending went to programs
  • Governance: 10 of 11 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $7.2M in reported program spending
  • Leadership: top reported pay $835K · 16 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $1.7M reported
  • Consistency: 31 of 31 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 7 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 39/100.