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Passes our checks

Elm Court Inc

EIN 20-8984541 · Princeton, NJ

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak45 out of 100GovernanceGood85 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • It owes more than it owns.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

PROVIDE SENIORS AND MOBILITY IMPAIRED ADULTS WITH QUALITY HOMES IN A WELCOMING AND DIVERSE COMMUNITY OFFER SOCIAL AND SUPPORTIVE OPPORTUNITIES AND ENSURE ACCESS TO THE PRINCETON COMMUNITY FOR OUR RESIDENTS, ALL OF WHOM HAVE INCOMES BELOW 50% OF THE COUNTY MEDIAN INCOME.

Income
$1.9 million
Spending
$1.8 million
Spent on programs
87%
Reserves
-37.1 months of spending
Largest source of income
fees for its services, 99%
Employees
10
Volunteers
16
Highest pay
$217,233, executive director

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 45 out of 100. Higher than 17% of charities in its peer group (health care, $1m to $10m).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    0 of 20

    It owes 190% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 4% of income.

  • Income trend

    15 of 15

    Income rose 2% on the year before.

  • Spending floor

    15 of 15

    87% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 85 out of 100. Higher than 38% of charities in its peer group (health care, $1m to $10m).

  • Independent board

    25 of 25

    16 of 16 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (2)
  1. $1.6 million spent. ELM COURT, INC OWNS 66 ONE-BEDROOM APARTMENTS AND 22 STUDIOS AND OPERATES UNDER THE HUD SECTION 202 PROGRAM WITH A SECTION 8 HOUSING ASSISTANCE PAYMENT CONTRACT. THIS ALLOWS US TO SET RENTS AT NO MORE THAN 30% OF EACH RESIDENT'S ADJUSTED GROSS INCOME. PCH DEVELOPMENT CORP, A 50L(C)3 ENTITY, MANAGES THE BUILDING AND OPERATIONS A LICENSED SOCIAL WORKER IS ON SITE TO ASSIST RESIDENTS WITH REFERRALS TO COMMUNITY RESOURCES AND STATE-SPONSORED PROGRAMS. FREE BUS SERVICE TO PRINCETON'S SHOPPING AREAS, LIBRARY, AND SENIOR RESOURCE CENTER OPERATES SIX DAYS A WEEK, AND WE ALSO PROVIDE WEEKLY SHUTILE SERVICE TO REGIONAL SHOPPING AREAS. WE MAKE HAIR AND PODIATRY CARE AVAILABLE ON A REGULAR SCHEDULE WE STRIVE TO BUILD A STRONG COMMUNITY FOR OUR RESIDENTS, LINKING THEM TO THE SENIORS IN NEIGHBORING ELM COURT II, INC AND EMPOWERING THEM TO LEAD MEANINGFUL LIVES. A RESIDENTS ASSOCIATION MEETS REGULARLY WITH STAFF AND SPONSORS A NEWSLETIER AND REGULAR COMMUNITY GATHERINGS RESIDENTS PARTICIPATE IN ACTIVITIES SUCH AS CHAIR EXERCISE AND ART LESSONS, HEALTH INFORMATION LECTURES, AND TED TALK DISCUSSION GROUPS. COMMUNITY LOUNGES ENABLE CONCERTS AND HOLIDAY CELEBRATIONS THE COMMUNITY GARDEN, CREATED BY VOLUNTEERS AND LOCAL DONORS, HAS BECOME A HIGHLIGHT OF ELM COURT LIFE RESIDENTS GROW FRUITS, VEGETABLES, AND FLOWERS THREE SEASONS OF THE YEAR IN THE MORE THAN 50 PLOTS-SOME DESIGNED WITH RAISED OR WHEELCHAIR ACCESSIBLE BEDS.
  2. ELM COURT PARTICIPATES IN THE NJ DEPARTMENT OF HUMAN SERVICES CONGREGATE HOUSING SERVICES PROGRAM. RESIDENTS WITH FINANCIAL AND PERSONAL NEED MAKE CO-PAYMENTS ON A SLIDING SCALE, AND RECEIVE DAILY HOT LUNCHES, LIGHT HOUSEKEEPING AND PERSONAL CARE FROM CERTIFIED HOME HEALTH AIDES.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since February 2008.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.