Affordable Senior Housing Development Corporation
EIN: 814202008 · Las Vegas, NV · NTEE: L22
| Metric | Value |
|---|---|
| Total Revenue | $31K |
| Total Expenses | $2K |
| Net Assets | $658K |
Is Affordable Senior Housing Development Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Affordable Senior Housing Development Corporation
Affordable Senior Housing Development Corporation (EIN: 814202008) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code L22. The organization reported total revenue of $31K and total assets of $687K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Affordable Senior Housing Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Affordable Senior Housing Development Corporation is a micro nonprofit that has been operating for 7 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of -51.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6K |
| Total Expenses | $2K |
| Surplus / Deficit | +$4K |
| Total Assets | $658K |
| Net Assets | $658K |
| Operating Margin | 71.0% |
| Months of Reserves | 4385.2 months |
Financial Health Grade: A
In 2023, Affordable Senior Housing Development Corporation reported a surplus of $4K with revenue exceeding expenses, holds 4385.2 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2017–2023), Affordable Senior Housing Development Corporation's revenue has declined at a compound annual growth rate (CAGR) of -51.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +244.7% | -28.0% | +0.7% |
| 2022 | -53.6% | +66.7% | -0.1% |
| 2021 | -54.7% | -38.1% | +0.4% |
| 2020 | -94.9% | -77.6% | +1.0% |
| 2019 | +8814.9% | +614.7% | +32.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Affordable Senior Housing Development Corporation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Affordable Senior Housing Development Corporation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
Frequently Asked Questions about Affordable Senior Housing Development Corporation
Is Affordable Senior Housing Development Corporation a legitimate charity?
Affordable Senior Housing Development Corporation (EIN: 814202008) is a registered tax-exempt nonprofit based in Nevada. It has 7 years of IRS 990 filings on record. Total revenue: $31K. No red flags identified. Financial health grade: A.
How does Affordable Senior Housing Development Corporation spend its money?
Affordable Senior Housing Development Corporation reported $31K in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Affordable Senior Housing Development Corporation tax-deductible?
Affordable Senior Housing Development Corporation is registered as a tax-exempt nonprofit (EIN: 814202008). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Affordable Senior Housing Development Corporation located?
Affordable Senior Housing Development Corporation is headquartered in Las Vegas, Nevada and files with the IRS under EIN 814202008. It is classified under NTEE code L22.
How many years of IRS 990 filings does Affordable Senior Housing Development Corporation have?
Affordable Senior Housing Development Corporation has 7 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 $31K in total revenue.
Filing History
IRS 990 filing history for Affordable Senior Housing Development Corporation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Affordable Senior Housing Development Corporation's revenue has declined by 98.7%, moving from $487K to $6K. Total assets increased by 35.1% over the same period, from $487K to $658K. Total functional expenses rose by 2804.8%, from $62 to $2K. In its most recent filing year (2023), Affordable Senior Housing Development Corporation reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6K | $2K | $658K | $0 | — | — |
| 2022 | $2K | $3K | $654K | $0 | — | View 990 |
| 2021 | $4K | $2K | $654K | $0 | — | — |
| 2020 | $9K | $2K | $652K | $0 | — | — |
| 2019 | $169K | $11K | $646K | $0 | — | View 990 |
| 2018 | $2K | $2K | $488K | $0 | — | View 990 |
| 2017 | $487K | $62 | $487K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6K, expenses of $2K, and assets of $658K (revenue +244.7% year-over-year).
- 2022: Revenue of $2K, expenses of $3K, and assets of $654K (revenue -53.6% year-over-year).
- 2021: Revenue of $4K, expenses of $2K, and assets of $654K (revenue -54.7% year-over-year).
- 2020: Revenue of $9K, expenses of $2K, and assets of $652K (revenue -94.9% year-over-year).
- 2019: Revenue of $169K, expenses of $11K, and assets of $646K (revenue +8814.9% year-over-year).
- 2018: Revenue of $2K, expenses of $2K, and assets of $488K (revenue -99.6% year-over-year).
- 2017: Revenue of $487K, expenses of $62, and assets of $487K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Affordable Senior Housing Development Corporation:
Data Sources and Methodology
This transparency report for Affordable Senior Housing Development Corporation 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.