How Cooperative Housing Corporation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Cooperative Housing Corporation
Is Cooperative Housing Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Cooperative Housing Corporation (EIN: 222785521) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
Is Cooperative Housing Corporation a good charity to donate to?
Cooperative Housing Corporation has a Mission Score of 85/100. Revenue: $741K. Assets: $2.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Cooperative Housing Corporation?
The Employer Identification Number (EIN) for Cooperative Housing Corporation is 222785521. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Cooperative Housing Corporation spend its money?
Cooperative Housing Corporation allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Cooperative Housing Corporation's tax-exempt status?
You can verify Cooperative Housing Corporation's tax-exempt status using EIN 222785521 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Cooperative Housing Corporation is a housing & shelter nonprofit based in Somerville, New Jersey, with reported revenue of $741K and assets of $2.2M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 90% of spending goes to programs, 5% to administration, and 5% to fundraising. - Financial statements are consistently available for review over multiple years.
- The organization's tax-exempt status (L20Z) is clearly stated.
- No specific transparency report or detailed annual report beyond financial filings is readily apparent. Executive compensation is not reported in the provided data, suggesting it is either minimal or non-existent, which is common for smaller cooperative housing corporations. Revenue has declined -19% across 13 filing periods.