Albany Housing Coalition Inc
Albany Housing Coalition Inc shows consistent revenue growth and financial surpluses with no reported officer compensation.
EIN: 141633606 · Albany, NY · NTEE: L200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.3M |
| Total Expenses | $2.5M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $3.8M |
| Transparency Score | 92/100 |
Is Albany Housing Coalition Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Albany Housing Coalition Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Albany Housing Coalition Inc
Albany Housing Coalition Inc (EIN: 141633606) is a nonprofit organization based in Albany, NY, classified under NTEE code L200. The organization reported total revenue of $3.3M and total assets of $4.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Albany Housing Coalition Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Albany Housing Coalition Inc is a mid-size nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 9.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.7M |
| Total Expenses | $2.5M |
| Surplus / Deficit | +$1.2M |
| Total Assets | $4.0M |
| Total Liabilities | $236K |
| Net Assets | $3.8M |
| Operating Margin | 31.9% |
| Debt-to-Asset Ratio | 5.9% |
| Months of Reserves | 19.1 months |
Financial Health Grade: A
In 2024, Albany Housing Coalition Inc reported a surplus of $1.2M with revenue exceeding expenses, holds 19.1 months of operating reserves (strong position), has a debt-to-asset ratio of 5.9% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Albany Housing Coalition Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +57.0% | +8.7% | +45.7% |
| 2023 | +9.8% | +11.6% | -1.3% |
| 2022 | -3.6% | -3.3% | +1.0% |
| 2021 | +12.0% | +13.5% | +3.2% |
| 2020 | +12.6% | +9.6% | +4.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
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 Albany Housing Coalition Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Albany Housing Coalition Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization of this size with over $3 million in annual revenue. This suggests either a fully volunteer executive leadership or compensation structured in a way that is not reported as 'officer compensation' on the 990, which warrants further investigation for complete transparency.
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 Albany Housing Coalition Inc's IRS 990 filings:
- Unusually low or 0% reported officer compensation, which may indicate compensation is reported in other categories or a fully volunteer executive team, requiring deeper scrutiny for full transparency.
Strengths
The following positive indicators were identified for Albany Housing Coalition Inc:
- Consistent revenue growth, nearly doubling from $1,998,150 in 201501 to $3,710,847 in 202401.
- Consistent financial surpluses, with revenue exceeding expenses in all reported periods (e.g., $3,710,847 revenue vs. $2,528,666 expenses in 202401).
- Steady increase in assets, growing from $2,217,161 in 201501 to $4,023,113 in 202401.
- Reported 0% officer compensation across all filings, suggesting a strong mission-driven approach or volunteer leadership.
Frequently Asked Questions about Albany Housing Coalition Inc
Is Albany Housing Coalition Inc a legitimate charity?
Albany Housing Coalition Inc (EIN: 141633606) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.3M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Albany Housing Coalition Inc spend its money?
Albany Housing Coalition Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Albany Housing Coalition Inc tax-deductible?
Albany Housing Coalition Inc is registered as a tax-exempt nonprofit (EIN: 141633606). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Albany Housing Coalition Inc CEO make?
Albany Housing Coalition Inc's highest-compensated officer earns $3 annually. The organization reported $3.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Albany Housing Coalition Inc's spending goes to programs?
Albany Housing Coalition Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Albany Housing Coalition Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Albany Housing Coalition Inc is above average for NTEE category L200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Albany Housing Coalition Inc located?
Albany Housing Coalition Inc is headquartered in Albany, New York and files with the IRS under EIN 141633606. It is classified under NTEE code L200.
How many years of IRS 990 filings does Albany Housing Coalition Inc have?
Albany Housing Coalition 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 $3.3M in total revenue.
Is Albany Housing Coalition Inc a good charity?
Based on the provided data, Albany Housing Coalition Inc appears to be a good charity. It demonstrates strong financial health with consistent revenue growth and surpluses, and notably reports 0% officer compensation, suggesting a high dedication to its mission.
How has the organization's revenue changed over time?
The organization has shown significant revenue growth, increasing from $1,998,150 in 201501 to $3,710,847 in 202401, nearly doubling its revenue in less than a decade.
What is the trend in the organization's assets?
Albany Housing Coalition Inc's assets have consistently grown, from $2,217,161 in 201501 to $4,023,113 in 202401, indicating sound financial management and accumulation of resources.
Does the organization operate with a surplus or deficit?
The organization consistently operates with a surplus, as its revenue has exceeded expenses in every reported filing period, for example, $3,710,847 in revenue vs. $2,528,666 in expenses in 202401.
Filing History
IRS 990 filing history for Albany Housing Coalition Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Albany Housing Coalition Inc's revenue has grown by 203%, moving from $1.2M to $3.7M. Total assets increased by 130.1% over the same period, from $1.7M to $4.0M. Total functional expenses rose by 106.5%, from $1.2M to $2.5M. In its most recent filing year (2024), Albany Housing Coalition Inc reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $236K in liabilities against $4.0M in assets (debt-to-asset ratio: 5.9%), resulting in net assets of $3.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $3.7M | $2.5M | $4.0M | $236K | — | — |
| 2023 | $2.4M | $2.3M | $2.8M | $155K | — | View 990 |
| 2022 | $2.2M | $2.1M | $2.8M | $229K | — | View 990 |
| 2021 | $2.2M | $2.2M | $2.8M | $271K | — | — |
| 2020 | $2.0M | $1.9M | $2.7M | $263K | — | View 990 |
| 2019 | $1.8M | $1.7M | $2.6M | $234K | — | View 990 |
| 2018 | $1.7M | $1.6M | $2.5M | $187K | — | View 990 |
| 2017 | $1.7M | $1.6M | $2.4M | $222K | — | View 990 |
| 2016 | $1.8M | $1.7M | $2.3M | $232K | — | View 990 |
| 2015 | $2.0M | $1.6M | $2.2M | $244K | — | View 990 |
| 2014 | $1.6M | $1.5M | $1.8M | $239K | — | View 990 |
| 2013 | $1.4M | $1.3M | $1.9M | $338K | — | View 990 |
| 2012 | $1.2M | $1.2M | $1.7M | $264K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $3.7M, expenses of $2.5M, and assets of $4.0M (revenue +57.0% year-over-year).
- 2023: Revenue of $2.4M, expenses of $2.3M, and assets of $2.8M (revenue +9.8% year-over-year).
- 2022: Revenue of $2.2M, expenses of $2.1M, and assets of $2.8M (revenue -3.6% year-over-year).
- 2021: Revenue of $2.2M, expenses of $2.2M, and assets of $2.8M (revenue +12.0% year-over-year).
- 2020: Revenue of $2.0M, expenses of $1.9M, and assets of $2.7M (revenue +12.6% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.7M, and assets of $2.6M (revenue +3.7% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.6M, and assets of $2.5M (revenue +1.3% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.6M, and assets of $2.4M (revenue -6.8% year-over-year).
- 2016: Revenue of $1.8M, expenses of $1.7M, and assets of $2.3M (revenue -9.5% year-over-year).
- 2015: Revenue of $2.0M, expenses of $1.6M, and assets of $2.2M (revenue +28.0% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.5M, and assets of $1.8M (revenue +14.5% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.3M, and assets of $1.9M (revenue +11.3% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.2M, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Albany Housing Coalition Inc:
Data Sources and Methodology
This transparency report for Albany Housing Coalition 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.