Affordable Housing Partnership Of The Capital Region Inc
Affordable Housing Partnership shows consistent growth and zero reported officer compensation.
EIN: 141724900 · Albany, NY · NTEE: L00J · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.2M |
| Program Spending | 95% |
| Net Assets | $677K |
| Transparency Score | 90/100 |
Is Affordable Housing Partnership Of The Capital Region Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Affordable Housing Partnership Of The Capital Region Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Affordable Housing Partnership Of The Capital Region Inc
Affordable Housing Partnership Of The Capital Region Inc (EIN: 141724900) is a nonprofit organization based in Albany, NY, classified under NTEE code L00J. The organization reported total revenue of $1.8M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Affordable Housing Partnership Of The Capital Region Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Affordable Housing Partnership Of The Capital Region Inc is a mid-size nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$7K |
| Total Assets | $1.2M |
| Total Liabilities | $529K |
| Net Assets | $677K |
| Operating Margin | 0.6% |
| Debt-to-Asset Ratio | 43.9% |
| Months of Reserves | 12.2 months |
Financial Health Grade: A
In 2023, Affordable Housing Partnership Of The Capital Region Inc reported a surplus of $7K with revenue exceeding expenses, holds 12.2 months of operating reserves (strong position), has a debt-to-asset ratio of 43.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Affordable Housing Partnership Of The Capital Region Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +44.9% | +51.6% | +54.8% |
| 2022 | -5.3% | -5.3% | -6.5% |
| 2021 | +15.1% | +12.0% | +30.1% |
| 2020 | +18.3% | +9.5% | -7.4% |
| 2019 | +20.9% | +11.9% | -12.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Affordable Housing Partnership Of The Capital Region Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Affordable Housing Partnership Of The Capital Region Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $7K, with revenue exceeding expenses.
- Debt-to-asset ratio: 43.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual and suggests a volunteer-led executive structure or that compensation is reported under other categories, though the former is more likely given the consistent reporting.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Affordable Housing Partnership Of The Capital Region Inc's IRS 990 filings:
- Unusually low reported administrative and fundraising expenses, potentially indicating some costs are categorized under program expenses or a highly lean operational model that might be unsustainable at larger scales without some administrative overhead.
Strengths
The following positive indicators were identified for Affordable Housing Partnership Of The Capital Region Inc:
- Consistent revenue growth over the past decade, indicating increasing support and impact.
- Zero reported officer compensation across all filings, suggesting a strong commitment to directing funds to programs.
- High program spending efficiency, with expenses closely tracking revenue.
- Healthy balance sheet with assets consistently exceeding liabilities.
- Focus on affordable housing (NTEE Code L00J) with strong financial indicators.
Frequently Asked Questions about Affordable Housing Partnership Of The Capital Region Inc
Is Affordable Housing Partnership Of The Capital Region Inc a legitimate charity?
Affordable Housing Partnership Of The Capital Region Inc (EIN: 141724900) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.8M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Affordable Housing Partnership Of The Capital Region Inc spend its money?
Affordable Housing Partnership Of The Capital Region Inc directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Affordable Housing Partnership Of The Capital Region Inc tax-deductible?
Affordable Housing Partnership Of The Capital Region Inc is registered as a tax-exempt nonprofit (EIN: 141724900). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Affordable Housing Partnership Of The Capital Region Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Affordable Housing Partnership Of The Capital Region Inc is above average for NTEE category L00J nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Affordable Housing Partnership Of The Capital Region Inc located?
Affordable Housing Partnership Of The Capital Region Inc is headquartered in Albany, New York and files with the IRS under EIN 141724900. It is classified under NTEE code L00J.
How many years of IRS 990 filings does Affordable Housing Partnership Of The Capital Region Inc have?
Affordable Housing Partnership Of The Capital Region Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.8M in total revenue.
Is Affordable Housing Partnership Of The Capital Region Inc a good charity?
Based on the available IRS 990 data, the organization appears to be a very good charity. It demonstrates strong financial health, consistent revenue growth, and a remarkable commitment to its mission by reporting 0% officer compensation across all filings, ensuring funds are directed to programs.
How has the organization's revenue trended over time?
The organization has shown significant revenue growth, increasing from $514,464 in 201404 to $1,197,084 in 202304, and a latest reported revenue of $1,840,492, indicating a strong upward trend.
What is the organization's spending efficiency?
The organization exhibits high spending efficiency, with expenses closely matching revenue in most periods (e.g., 202304: Revenue=$1,197,084, Expenses=$1,190,452), suggesting that nearly all incoming funds are utilized for its operations and programs.
Does the organization have a healthy balance sheet?
Yes, the organization maintains a healthy balance sheet, with assets consistently exceeding liabilities. For example, in 202304, assets were $1,206,398 compared to liabilities of $529,482.
Filing History
IRS 990 filing history for Affordable Housing Partnership Of The Capital Region Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Affordable Housing Partnership Of The Capital Region Inc's revenue has grown by 124.2%, moving from $534K to $1.2M. Total assets increased by 27.8% over the same period, from $944K to $1.2M. Total functional expenses rose by 142.5%, from $491K to $1.2M. In its most recent filing year (2023), Affordable Housing Partnership Of The Capital Region Inc reported a surplus of $7K, with revenue exceeding expenses. The organization holds $529K in liabilities against $1.2M in assets (debt-to-asset ratio: 43.9%), resulting in net assets of $677K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.2M | $1.2M | $529K | — | View 990 |
| 2022 | $826K | $785K | $779K | $109K | — | View 990 |
| 2021 | $872K | $829K | $833K | $216K | — | View 990 |
| 2020 | $758K | $741K | $640K | $66K | — | View 990 |
| 2019 | $641K | $677K | $691K | $134K | — | View 990 |
| 2018 | $530K | $605K | $791K | $198K | — | View 990 |
| 2017 | $775K | $645K | $841K | $153K | — | View 990 |
| 2016 | $709K | $675K | $850K | $292K | — | View 990 |
| 2015 | $561K | $531K | $707K | $184K | — | View 990 |
| 2014 | $514K | $567K | $728K | $235K | — | View 990 |
| 2013 | $703K | $602K | $825K | $279K | — | View 990 |
| 2012 | $530K | $516K | $873K | $428K | — | View 990 |
| 2011 | $534K | $491K | $944K | $513K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.2M, and assets of $1.2M (revenue +44.9% year-over-year).
- 2022: Revenue of $826K, expenses of $785K, and assets of $779K (revenue -5.3% year-over-year).
- 2021: Revenue of $872K, expenses of $829K, and assets of $833K (revenue +15.1% year-over-year).
- 2020: Revenue of $758K, expenses of $741K, and assets of $640K (revenue +18.3% year-over-year).
- 2019: Revenue of $641K, expenses of $677K, and assets of $691K (revenue +20.9% year-over-year).
- 2018: Revenue of $530K, expenses of $605K, and assets of $791K (revenue -31.6% year-over-year).
- 2017: Revenue of $775K, expenses of $645K, and assets of $841K (revenue +9.3% year-over-year).
- 2016: Revenue of $709K, expenses of $675K, and assets of $850K (revenue +26.4% year-over-year).
- 2015: Revenue of $561K, expenses of $531K, and assets of $707K (revenue +9.1% year-over-year).
- 2014: Revenue of $514K, expenses of $567K, and assets of $728K (revenue -26.8% year-over-year).
- 2013: Revenue of $703K, expenses of $602K, and assets of $825K (revenue +32.6% year-over-year).
- 2012: Revenue of $530K, expenses of $516K, and assets of $873K (revenue -0.7% year-over-year).
- 2011: Revenue of $534K, expenses of $491K, and assets of $944K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Affordable Housing Partnership Of The Capital Region Inc:
Data Sources and Methodology
This transparency report for Affordable Housing Partnership Of The Capital Region Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.