Is Dewittsburg Housing Development Fund Corporation Legit?

Quick charity verification for Dewittsburg Housing Development Fund Corporation (EIN: 160992023)

Verdict: Dewittsburg Housing Development Fund Corporation appears trustworthy

85/100Mission Score
$2.4MRevenue
$8.9MAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Dewittsburg Housing Development Fund Corporation demonstrates consistent financial activity, with revenues and expenses generally in the range of $2-2.5 million over the past several years. The organization's assets have steadily grown, reaching $8.9 million in the latest filing, indicating financial stability. A notable aspect is the reported 0% officer compensation across all available filings, which suggests either a volunteer-led executive team or that compensation is reported under other expense categories, warranting further investigation for complete transparency. The organization consistently spends close to its revenue, with expenses slightly exceeding revenue in the most recent period (202312: Revenue $2,419,636, Expenses $2,531,859), indicating a tight operational budget.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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