Sparta Ecumenical Council on Senior Citizen Housing

Nonprofit profile at a glance

EIN
222158413
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Sparta, NJ, USA
Phone
9737294311
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Senior Citizens' Housing/Retirement Communities

Reported finances

Revenue
$3,454,923
Expenses
$3,190,260
Assets
$6,647,317
Liabilities
$293,009

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

Leadership & pay

16 people listed

Executive titles in this filing

  • EDWARD MADZY (PRESIDENT)
  • DAVE LATORRE (VICE PRESIDENT)
  • FRANCESCA MCKERNAN (EXECUTIVE DIRECTOR)

Highest reported compensation

  • FRANCESCA MCKERNAN (EXECUTIVE DIRECTOR): $175,515 total reported compensation
  • AVERY MULDER (MAINTENANCE MANAGER): $129,537 total reported compensation
  • INGRID BRINSTER (DIRECTOR OF PROPERTY AND OCCUPANCY): $125,317 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 purpose of the organization is to develop, operate, and/or manage a senior citizen housing complex which is designated for the primary purpose of providing decent, safe housing to low and moderately low-income seniors. In addition, the board is dedicated to providing related services such as administrative, community, health, recreational, and educational that assists our residents to age in a place with dignity, independence, and security.

What it reported doing in 2025

Operated a 150-unit senior citizen housing complex known as knoll heights village, which consists of 38 one-story tenant occupied buildings, one office building, and one community building located in sparta, New Jersey. The corporation's facilities operate under section 8 of the national housing act and are regulated by the New Jersey housing and mortgage finance agency as to rental charges, operating expenses, distributions to owners, and operating methods also, provided congregate services (housekeeping, meals, laundry, and personal assistance) to over 75 individuals and provided therapeutic recreational services on a consistent basis.

Operating model

Revenue model
Earned-program. 86% 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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 63
  • Transparency & Controls: 74
  • Accountability: 100
  • Sustainability: 51
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 68.4%; rating input score 68
  • Program expense ratio: 75.1%; rating input score 75
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • 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; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • 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: 7.7%; rating input score 50; 50th percentile among comparable filings
  • Total-asset coverage ratio: 2.08; rating input score 59; 59th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 62; 62nd percentile among comparable filings
  • Officer compensation ratio: 13.5%; rating input score 25; 25th percentile among comparable filings

Growth

  • Program expense growth: 4.3% per year; rating input score 100; 32nd percentile among comparable filings
  • Revenue growth: 2.4% per year; rating input score 100; 19th percentile among comparable filings
  • Asset growth: -0.1% per year; rating input score 0; 10th percentile among comparable filings

Details

  • Where the money goes: 68.4% of revenue deployed · 75.1% of spending went to programs
  • Governance: 13 of 13 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $2.4M in reported program spending
  • Leadership: top reported pay $176K · 16 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 29 of 29 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 16 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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.

Key Signals

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

  • Review — Sustainability: Operating margin scored 50/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 59/100.
  • High — Sustainability: Officer compensation ratio scored 25/100.