Is Reformed Church Of Highland Park Affordable Housing Corporation Legit?
Quick charity verification for Reformed Church Of Highland Park Affordable Housing Corporation (EIN: 205012410)
Verdict: Reformed Church Of Highland Park Affordable Housing Corporation appears trustworthy
92/100Mission Score
$27.1MRevenue
$15.7MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation, indicating high efficiency in directing funds to mission.
Significant and sustained revenue growth, demonstrating expanding impact and capacity.
Long history of IRS 990 filings, suggesting good transparency and compliance.
Substantial asset growth, reflecting increased resources for affordable housing initiatives.
AI Transparency Report
The Reformed Church Of Highland Park Affordable Housing Corporation demonstrates significant growth in its financial operations, with revenue increasing from $629,442 in 2013 to $23,861,361 in 2023. This substantial increase, particularly in recent years, suggests a scaling up of its affordable housing initiatives. The organization consistently reports zero officer compensation across all available filings, which is a strong indicator of financial efficiency and a commitment to directing funds towards its mission rather than executive salaries. While the liabilities have grown alongside assets, this is common for housing development organizations that often utilize debt financing for projects. The organization's consistent filing of IRS Form 990s over a long period indicates a commitment to transparency.