Is Housing Development Corporation Of Bergen County Legit?
Quick charity verification for Housing Development Corporation Of Bergen County (EIN: 222245961)
Verdict: Housing Development Corporation Of Bergen County appears trustworthy
85/100Mission Score
$7.5MRevenue
$47.3MAssets
0Red Flags
3Strengths
No red flags identified.
Strengths
Consistent revenue growth from $3.7M in 2016 to $7.5M in 2023 demonstrates strong financial health and increasing capacity.
A high program spending percentage (85%) indicates a strong focus on its core mission of housing development.
Assets have steadily increased from $28.9M in 2017 to $47.3M in 2023, reflecting robust financial management and asset accumulation.
AI Transparency Report
Housing Development Corporation Of Bergen County is a unknown nonprofit based in Hackensack, New Jersey, with reported revenue of $7.5M and assets of $47.3M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 85% of spending goes to programs, 10% to administration, and 5% to fundraising. Executive compensation details are not explicitly provided in the given data, preventing a specific assessment of individual salaries. Revenue has grown +122% across 13 filing periods.