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Silver Sage Manor Inc

EIN 88-0266437 · Reno, NV

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

LegitimacyPassesRegistration and standingFinancial healthStrong100 out of 100GovernanceGood76 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

SERVING THE NEEDS OF SENIORS BY DEVELOPING HIGH-QUALITY AFFORDABLE HOUSING

Income
$780,916
Spending
$706,884
Spent on programs
88%
Reserves
82.6 months of spending
Largest source of income
fees for its services, 72%
Employees
5
Volunteers
0
Highest pay
$129,785, 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

Strong: 100 out of 100.

  • Reserves

    35 of 35

    Spendable reserves would cover 82.6 months of spending.

  • Debt

    20 of 20

    It owes 11% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 9% of income.

  • Income trend

    15 of 15

    Income rose 49% on the year before.

  • Spending floor

    15 of 15

    88% of spending went to programs.

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: 76 out of 100.

  • Independent board

    25 of 25

    10 of 10 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed 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. $521,833 spent. SILVER SAGE MANOR, INC. (MANOR) PROVIDES HIGH QUALITY AFFORDABLE HOUSING FOR SENIORS AT OR BELOW 50% OF AREA MEDIAN INCOME IN 4 COMPLETED PROPERTIES. IN TOTAL THE PROPERTIES PROVIDE HOUSING FOR 152 SENIOR HOUSEHOLDS. MANOR NEARING COMPLETION OF A NEW DEVELOPMENT THAT WILL ADD AN ADDITIONAL 40 UNITS OF AFFORDABLE SENIOR HOUSING TO ITS PORTFOLIO.AS PART OF SUPPORTING THE ELDERLY, THE MANOR, ON OCCASSION, WILL FORGIVE LOANS WITH LOW INCOME SENIOR HOUSING IT IS DIRECTLY INVOLVED. FOR 2024, MANOR FORGAVE A $250,000 NOTE RECEIVABLE WITH SILVER SAGE SENIOR RESIDENCE, LLC, WHICH MANOR HAS A DIRECT 99.99% INTEREST AND AN INDIRECT 0.001% INTEREST. SEE SCHEDULE O FOR CONTINUATION OF PROGRAM ACCOMPLISHMENT.ADDITIONALLY, MANOR SUPPORTS THE RESIDENTS OF ITS PROPERTIES WITH SENIOR SERVICES COORDINATORS ENGAGING WITH RESIDENTS TO ASSIST THEM IN CONNECTING WITH RESOURCES THAT ALLOW THEM TO SUCCESSFULLY AGE IN PLACE. OUR SENIOR SERVICE COORDINATORS ASSIST RESIDENTS WITH A WIDE VARIETY OF NEEDS. IN 2024 OVER 8,000 INTERACTIONS WERE RECORDED WITH OUR COORDINATORS.
  2. $101,173 spent. RENTAL ACTIVITY FOR AN EIGHT UNIT APARTMENT COMPLEX FOR LOW INCOME HOUSING SERVING THE ELDERLY, LOCATED ON MORAN STREET IN RENO, NV.

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 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 December 2024.

    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 January 1992.

    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.