The Lena and David T Wilentz Senior Residence Inc
Only null% goes to programs Thin reserves Growing revenue
The Lena and David T Wilentz Senior Residence Inc is a 501(c)(3) organization based in Somerset, New Jersey, registered in 1980, with $18,442,184 in FY2024 revenue. CharityIndex grades it C.
354 Demott Ln, Somerset, NJ, 08873 EIN 22-2289444 Since 1980
Revenue (FY2024)
$18.4M
▲ 852.5% vs prior year
Housing median: $408K
Expenses (FY2024)
$17.3M
Net assets
$0
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for The Lena and David T Wilentz Senior Residence Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CFinancial health25% of the rating0 mo reserves · +6% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For The Lena and David T Wilentz Senior Residence Inc: 0 mo reserves · +6% margin earns a C on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for The Lena and David T Wilentz Senior Residence Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For The Lena and David T Wilentz Senior Residence Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 354 Demott Ln, Somerset, NJ, 08873
- City
- Somerset
- State
- New Jersey
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
- Website
- …
Financial trends
Revenue grew from $1.7M (FY2013) to $18.4M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Operating margin
6.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$0
Total liabilities
$0
Net assets
$0
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $18,442,184▲853% | $17,300,004▲828% | $0▲100% | $0▼100% | 990 |
| 2023 | $1,936,172▲2.6% | $1,863,517▲2.7% | -$1,142,180▲6.0% | $1,671,321▼10.4% | 990 |
| 2022 | $1,888,009▲2.0% | $1,814,810▲5.4% | -$1,214,835▲5.6% | $1,864,780▼8.6% | 990 |
| 2021 | $1,851,075▲5.7% | $1,722,292▲0.2% | -$1,287,478▲9.1% | $2,039,916▼8.8% | 990 |
| 2020 | $1,751,419▲0.6% | $1,718,887▼2.3% | -$1,416,261▲2.2% | $2,237,645▼10.4% | 990 |
| 2019 | $1,741,142▼0.2% | $1,759,099▲0.8% | -$1,448,793▼1.3% | $2,497,131▼8.7% | 990 |
| 2018 | $1,745,342▲2.6% | $1,744,514▲5.0% | -$1,430,836▲0.1% | $2,734,743▼8.7% | 990 |
| 2017 | $1,701,139▼0.9% | $1,662,103▼0.9% | -$1,431,664▲2.7% | $2,996,445▼7.3% | 990 |
| 2016 | $1,716,227▲2.8% | $1,677,050▼0.9% | -$1,470,700▲2.6% | $3,231,443▼10.0% | 990 |
| 2015 | $1,669,317▼0.7% | $1,692,124▼4.9% | -$1,509,877▼1.5% | $3,590,224▼8.1% | 990 |
| 2014 | $1,681,397▲0.4% | $1,779,284▲4.4% | -$1,487,070▼7.0% | $3,907,410▲2.9% | 990 |
| 2013 | $1,674,260 | $1,703,720▲2.0% | -$1,389,183▼2.2% | $3,795,575▼7.2% | 990 |
| 2012 | — | $1,669,731▲2.4% | -$1,359,723▼1.4% | $4,091,811▼2.5% | 990 |
| 2011 | — | $1,630,963▼3.1% | -$1,341,530▲2.5% | $4,195,974▼4.3% | 990 |
| 2010 | — | $1,683,006 | -$1,375,242 | $4,385,254 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Compare The Lena and David T Wilentz Senior Residence Inc
Frequently asked questions
- Is The Lena and David T Wilentz Senior Residence Inc a legitimate nonprofit?
- Yes. The Lena and David T Wilentz Senior Residence Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-2289444, based in Somerset, New Jersey. Donations are tax-deductible.
- What is The Lena and David T Wilentz Senior Residence Inc's EIN?
- The Lena and David T Wilentz Senior Residence Inc's Employer Identification Number (EIN) is 22-2289444.
- How much revenue does The Lena and David T Wilentz Senior Residence Inc report?
- The Lena and David T Wilentz Senior Residence Inc reported $18,442,184 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does The Lena and David T Wilentz Senior Residence Inc have?
- CharityIndex grades The Lena and David T Wilentz Senior Residence Inc C, based on financial health (reserves and operating margin).
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Data for The Lena and David T Wilentz Senior Residence Inc (EIN 22-2289444) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.