SERV PROPERTIES AND MANAGEMENT INC

EIN: 223265548 501(c)(3) Philanthropy & Grantmaking

EWING, NJ

Total Revenue
$10,532,691
Total Expenses
$5,506,934
Total Assets
$32,543,258
Net Assets
$17,825,038
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
NJ
Principal Officer
BOB ROSVOLD
Phone
6094060100
Tax Period
2022-07-01 to 2023-06-30

SERV PROPERTIES AND MANAGEMENT INC, founded in 1993, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $10.5M in total revenue in fiscal year 2022. Revenue surged 74% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5.0M, a strong 48% operating margin.

Mission

SUPPORTING ORGANIZATION WHICH HOLDS REAL ESTATE FOR RELATED TAX-EXEMPT ENTITIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $4,492,030
Program Service Revenue $6,007,835
Investment Income $-43,475
Other Revenue $76,301
TOTAL REVENUE $10,532,691

Expense Breakdown

Grants Paid $0
Salaries & Benefits $136,777
Fundraising Expenses $0
Program Expenses $5,361,754
Other Expenses $5,370,157
TOTAL EXPENSES $5,506,934

Year-over-Year Comparison

2022 2021 Change
Revenue $10,532,691 $6,049,326 +0.7%
Expenses $5,506,934 $4,976,282 +0.1%
Net Income $5,025,757 $1,073,044 +3.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
5
Employees
N/A
Volunteers
5

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$567,253
Total Directors
6
$567,253
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REGINA WIDDOWS CHIEF EXECUTIVE OFFICER/PRESIDENT 2.00
Officer Director
$0 $40,039 $567,253
RICHARD HAUER CHAIRPERSON 1.00
Officer Director
$0 $0 $0
MIKE MAGUIRE SECRETARY 1.00
Officer Director
$0 $0 $0
RICHARD ANDERSON BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN MARET PAST CHAIRPERSON 1.00
Director
$0 $0 $0
IVAN PUNCHATZ ESQ BOARD MEMBER 1.00
Director
$0 $0 $0
BOB ROSVOLD CHIEF FINANCIAL OFFICER 2.00
Highest
$0 $30,146 $216,737
AHMED TAYLOR SENIOR VICE PRESIDENT 2.00
Highest
$0 $32,276 $183,873
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $10,532,691 $5,506,934 $32,543,258 $5,025,757
2022 $6,049,326 $4,976,282 $27,735,115 $1,073,044
2021 $8,087,563 $5,467,371 $27,477,154 $2,620,192
2020 $6,545,747 $6,266,951 $27,124,529 $278,796
2019 $6,172,662 $5,854,319 $26,752,948 $318,343
2018 $5,665,357 $4,942,824 $26,002,868 $722,533
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