Charity Search / SENIOR CITIZENS HOUSING DEVELOPMENT FUND CORPORATION OF STEUBEN COUNTY
Housing & Shelter (L22) 990 on File

SENIOR CITIZENS HOUSING DEVELOPMENT FUND CORPORATION OF STEUBEN COUNTY

EIN: 52-1150864 · BATH, NY 14810-9413 · United States · FY 2024 Data
3 out of 5 42 / 100 Based on 2+ years of filings
Financial strength (30%) 51/100
Reliability (20%) 55/100
Effectiveness (25%) 61/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$1.7M
Total Revenue
$1.7M
Total Expenses
$-2,660,299
Net Assets
7
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 59.1%
Fundraising Efficiency N/A
Operating Reserve -18.52x
Liability-to-Asset 172.4%
Revenue Diversification 98.7%
Compared with Peers
FY 2024
Compared with 2,572 similar organizations (United States, Housing & Shelter, $1M–$10M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
59.1% 87.2%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
40.9% 10.3%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
-18.5 mo 12.6 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
172.4% 39.0%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
98.7% 89.9%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
4.5% 6.4%
P10P90
Expense growth
Year over year expense growth
4.7% 6.9%
P10P90
Surplus margin
Surplus as a share of revenue
-1.8% 3.0%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $1.7M $1.7M $-2,660,299 59.1% 7
2023 $1.6M $1.6M $-2,629,451 59.6% 7
2022 $1.5M $1.7M $-2,603,968 61.3% 8
2021 $1.5M $1.8M N/A 7
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Organization Details
EIN
52-1150864
State
NY
City
BATH
ZIP
14810-9413
Classification
L22
Category
Housing & Shelter
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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