Skip to the page content
Your donations
Passes our checks

Springvale Terrace Inc

EIN 30-0185120 · Washington, DC

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

LegitimacyPassesRegistration and standingFinancial healthWeak18 out of 100GovernanceGood82 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

TO PROVIDE AFFORDABLE HOUSING AND RELATED RESIDENT SERVICES TO THE ELDERLY UNDER SECTION 232 OF THE NATIONAL HOUSING ACT.

Income
$0
Spending
$700,741
Spent on programs
93%
Reserves
-204.8 months of spending
Employees
0
Volunteers
25
Highest pay
$225,300, ceo

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 18 out of 100. Higher than 9% of charities in its peer group (housing, under $250k).

  • Reserves

    0 of 35

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

  • Debt

    0 of 20

    It owes 334% of what it owns.

  • Income trend

    0 of 15

    Income fell 100% on the year before.

  • Spending floor

    15 of 15

    93% of spending went to programs.

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 82 out of 100. Higher than 63% of charities in its peer group (housing, under $250k).

  • Independent board

    25 of 25

    19 of 19 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.

  • No reported misuse

    10 of 10

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

Source: Form 990 for the year ending September 30, 2025, 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 (1)
  1. $654,589 spent. SPRINGVALE TERRACE, INC. WAS ORGANIZED ON APRIL 23, 2003 UNDER THE PROVISIONS OF THE STATE OF MARYLAND FOR THE PURPOSE OF PURCHASING AND OPERATING HOUSING AND RELATED FACILITIES FOR THE ELDERLY. THE ORGANIZATION WAS FINANCED THROUGH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT UNDER SECTION 232 OF THE NATIONAL AFFORDABLE HOUSING ACT AND CONSISTS OF 146 UNITS. IN ADDITION TO THE RENTAL HOUSING OPERATIONS, THE ENTITY OPERATES CARE SERVICES PROGRAMS FOR AN ADDITIONAL FEE THAT INCLUDE CONGREGATE HOUSING SERVICES CERTIFIED BY THE MARYLAND DEPARTMENT OF AGING AND ASSISTED LIVING SERVICES LICENSED BY THE MARYLAND DEPARTMENT OF HEALTH AND MENTAL HYGIENE. FROM APRIL 2024, THE ORGANIZATION STOPPED LEASING UNITS TO TENANTS. IN 2025 THE ORGANIZATION NO LONGER OPERATED AS AN AFFORDABLE HOUSING FACILITY AND IS IN THE PROCESS OF TERMINATING TO A LOW INCOME HOUSING TAX CREDIT PARTNERSHIP.

Source: Form 990 for the year ending September 30, 2025, 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 October 13, 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 November 6, 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 October 13, 2026.

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

    Most recent return on file covers the year ending September 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

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

    Recognized by the IRS since November 2003.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 November 4, 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.