Is Diversified Housing Development Inc Legit?

Quick charity verification for Diversified Housing Development Inc (EIN: 20622034)

Verdict: Diversified Housing Development Inc appears trustworthy

90/100Mission Score
$853KRevenue
$1.4MAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

Diversified Housing Development Inc. demonstrates a generally stable financial trajectory, with revenues fluctuating but showing a positive trend in the most recent filing, reaching $1,208,401 in 2023. The organization consistently maintains a healthy asset base, peaking at $1,641,369 in 2022, which suggests good financial stewardship. A significant strength is the consistent reporting of 0% officer compensation across all available filings, indicating a strong commitment to directing resources towards its mission rather than executive salaries. This practice enhances its transparency and spending efficiency. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the consistent positive net income in most years (e.g., $96,388 in 2023, $185,671 in 2022) suggests effective management of expenses relative to revenue. The organization's NTEE code L25 (Housing Development, Construction & Management) aligns with its name, indicating a clear programmatic focus. The absence of reported officer compensation is a strong indicator of financial health and a donor-centric approach, making it appear as a highly efficient and transparent operation in this regard.

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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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