Is Caribou Congregate Housing Development Corporation Inc Legit?
Quick charity verification for Caribou Congregate Housing Development Corporation Inc (EIN: 222557798)
Verdict: Caribou Congregate Housing Development Corporation Inc appears trustworthy
75/100Mission Score
$245KRevenue
$338KAssets
2Red Flags
3Strengths
Red Flags
Consistent decline in total assets from $500,551 in 2016 to $338,498 in 2023, which could impact long-term sustainability.
Lack of reported compensation for key personnel ('c0%') might indicate reliance on volunteers or external funding for salaries, or a reporting anomaly.
Strengths
Stable revenue stream over the past several years, demonstrating consistent operational income.
Low administrative and fundraising costs, suggesting a high percentage of funds are directed towards programs.
Consistent operational history dating back to at least 2016.
AI Transparency Report
Caribou Congregate Housing Development Corporation Inc is a housing & shelter nonprofit based in Presque Isle, Maine, with reported revenue of $245K and assets of $338K. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 85% of spending goes to programs, 10% to administration, and 5% to fundraising. Executive compensation is not reported in the provided filings, with 'c0%' consistently listed, suggesting no direct compensation for key personnel from the organization's funds. Revenue has grown +15% across 13 filing periods.