Ken-ton Presbyterian Village Housing Development Co Inc
Nonprofit profile at a glance
- EIN
- 161127014
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Getzville, NY, USA
- Phone
- 7168107323
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Senior Citizens' Housing/Retirement Communities
- Affiliation
- Christianity
Reported finances
- Revenue
- $1,897,174
- Expenses
- $2,201,223
- Assets
- $7,807,620
- Liabilities
- $8,209,074
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- DANIEL P O'NEILL (BOARD MEMBER/PRESIDENT/CEO)
Highest reported compensation
- DANIEL P O'NEILL (BOARD MEMBER/PRESIDENT/CEO): $295,016 total reported compensation
- KRISTIN M ANDERSON (VP OF FINANCE/CFO): $241,513 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to enhance the life experiences of aging persons in western New York through a dedicated team who provides a range of services and residential options.
What it reported doing in 2024
Low income elderly housing - operated 150 apartments sponsored by federal government agency of housing and urban development.
Operating model
- Revenue model
- Earned-program. 90% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 76% for direct work, and 24% for grants.
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 expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 71
- Transparency & Controls: 68
- Accountability: 72
- Sustainability: 36
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 83.7%; rating input score 84
- Program expense ratio: 72.1%; rating input score 72
- 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: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 66.7%; rating input score 67; 14th 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: -16%; rating input score 12; 12th percentile among comparable filings
- Total-asset coverage ratio: 3.55; rating input score 79; 79th percentile among comparable filings
- Liabilities to assets ratio: 1.05; rating input score 5; 5th percentile among comparable filings
- Officer compensation ratio: 2.7%; rating input score 58; 58th percentile among comparable filings
Growth
- Program expense growth: 4.1% per year; rating input score 100; 37th percentile among comparable filings
- Revenue growth: 2.5% per year; rating input score 100; 28th percentile among comparable filings
- Asset growth: -0.3% per year; rating input score 0; 17th percentile among comparable filings
Details
- Where the money goes: 83.7% of revenue deployed · 72.1% of spending went to programs
- Governance: 2 of 3 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $1.6M in reported program spending
- Leadership: top reported pay $295K · 4 people listed · 0 of 6 pay-setting controls reported
- Consistency: 33 of 33 current checks pass
- Schedules: 6 filed schedules · includes grants and executive pay
- Filing history: 10 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 5 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.
- High — Sustainability: Operating margin scored 12/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 5/100.
- Review — Sustainability: Officer compensation ratio scored 58/100.