Mcgraw Housing Co Inc

Nonprofit profile at a glance

EIN
160976528
IRS 990 coverage
2011–2025
Forms available
Form 990 2025
Location
Ithaca, NY, USA
Phone
6072727054
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Housing Development, Construction, Management

Official website

Reported finances

Revenue
$1,145,822
Expenses
$1,340,828
Assets
$4,974,852
Liabilities
$5,993,117

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

18 people listed

Executive titles in this filing

  • JAMI BREEDLOVE (PRESIDENT)
  • LIZA BURGER - THRU 012026 (FORMER VICE PRESIDENT)
  • MARK SPADOLINI - THRU 012026 (FORMER PRESIDENT)
  • VIKI MCDONALD (EXECUTIVE DIRECTOR)
  • JUSTINE LEWIS (VICE PRESIDENT)

Highest reported compensation

  • VIKI MCDONALD (EXECUTIVE DIRECTOR): $99,456 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of mcgraw house is to provide a secure senior living environment which:* supports and encourages independence* provides privacy* allows individuality* welcomes diversity* fosters a sense of community* enhances the quality of life

What it reported doing in 2025

Mcgraw house is an apartment building that provides a friendly community for active seniors in ithaca, ny. We have 65 studio and 40 one bedroom apartments. A guest apartment is available for visiting family members. We have a full-time service coordinator to assist residents in obtaining necessary services as they age in place. An evening meal can be purchased from our dining service five days a week. We have a clean, well maintained, safe, secure building, with two elevators that service all six floors, and friendly 24-hour staffing. The main floor includes a spacious air conditioned lounge, plus laundry, activity room and dining area, available for all residents to enjoy.

Operating model

Revenue model
Earned-program. 97% 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.

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: 82
  • Transparency & Controls: 92
  • Accountability: 95
  • Sustainability: 33
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 96.7%; rating input score 97
  • Program expense ratio: 82.7%; rating input score 83
  • 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: Yes; rating input score 100
  • 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: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -17%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 3.71; rating input score 79; 79th percentile among comparable filings
  • Liabilities to assets ratio: 1.2; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 7.4%; rating input score 44; 44th percentile among comparable filings

Growth

  • Program expense growth: 0.8% per year; rating input score 100; 18th percentile among comparable filings
  • Revenue growth: 0.8% per year; rating input score 100; 14th percentile among comparable filings
  • Asset growth: -1.8% per year; rating input score 0; 11th percentile among comparable filings

Details

  • Where the money goes: 96.7% of revenue deployed · 82.7% of spending went to programs
  • Governance: 10 of 10 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $1.1M in reported program spending
  • Leadership: top reported pay $99K · 18 people listed
  • Consistency: 29 of 29 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 15 filing years from 2011 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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 — Sustainability: Operating margin scored 8/100.
  • Review — Accountability: Governance controls: Document-retention policy not reported.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.
  • Moderate — Sustainability: Officer compensation ratio scored 44/100.