CSCharityScored
85

Hover Senior Living Community

Other · Longmont, Colorado

1380 Charles Dr, Longmont, CO 80503-2354

EIN: 840890971· Founded: May 1983· 43 years active· Filing Year: 2023

Annual Revenue

$2.4M

Total Expenses

$2.8M

Total Assets

$3.2M

Program Spending

85%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$47K

1.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$1.5M

Total Payroll

$1.5M

54% of total expenses

Where the Money Goes

85%
Programs: 85%
Payroll: 54%
Other overhead: 15%
Program Revenue$2.4M (98%)
Total Expenses$2.8M (100%)
Payroll$1.5M (54%)
Overhead (non-program)15%

Trust Score Breakdown

Program Spending Ratio

85% of expenses go to programs

40%

Revenue & Stability

$2.4M annual revenue

15%

Executive Compensation

$47K total officer comp (1.7% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$3.2M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.