Ame Zion Trinity Housing Development Fund Co Inc
Ame Zion Trinity Housing Development Fund Co Inc maintains stable assets and reports no officer compensation.
EIN: 132795194 · Poughkeepsie, NY · NTEE: L20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.2M |
| Total Expenses | $3.4M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $14 |
| Net Assets | $1.1M |
| Transparency Score | 85/100 |
Is Ame Zion Trinity Housing Development Fund Co Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ame Zion Trinity Housing Development Fund Co Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ame Zion Trinity Housing Development Fund Co Inc
Ame Zion Trinity Housing Development Fund Co Inc (EIN: 132795194) is a nonprofit organization based in Poughkeepsie, NY, classified under NTEE code L20. The organization reported total revenue of $4.2M and total assets of $14.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ame Zion Trinity Housing Development Fund Co Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ame Zion Trinity Housing Development Fund Co Inc is a mid-size nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.9M |
| Total Expenses | $3.4M |
| Surplus / Deficit | +$543K |
| Total Assets | $13.4M |
| Total Liabilities | $12.3M |
| Net Assets | $1.1M |
| Operating Margin | 13.8% |
| Debt-to-Asset Ratio | 91.5% |
| Months of Reserves | 47.6 months |
Financial Health Grade: A
In 2023, Ame Zion Trinity Housing Development Fund Co Inc reported a surplus of $543K with revenue exceeding expenses, holds 47.6 months of operating reserves (strong position), has a debt-to-asset ratio of 91.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ame Zion Trinity Housing Development Fund Co Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.2% | +7.9% | -0.1% |
| 2022 | -40.0% | +3.7% | +6.2% |
| 2021 | +80.2% | -6.4% | +3.9% |
| 2020 | +9.5% | +5.0% | +2.6% |
| 2019 | +1.6% | -7.3% | +1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
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 Ame Zion Trinity Housing Development Fund Co Inc with a Mission Score of 85 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Ame Zion Trinity Housing Development Fund Co Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $543K, with revenue exceeding expenses.
- Debt-to-asset ratio: 91.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly unusual for an organization of its size with assets exceeding $14 million.
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 Ame Zion Trinity Housing Development Fund Co Inc's IRS 990 filings:
- High liabilities relative to assets, consistently above $12 million against assets around $14 million, which could indicate significant debt burden.
- Lack of detailed expense breakdown on the provided summary makes it difficult to precisely assess program vs. administrative spending efficiency.
Strengths
The following positive indicators were identified for Ame Zion Trinity Housing Development Fund Co Inc:
- Consistent reporting of 0% officer compensation, indicating strong financial stewardship and dedication to mission.
- Steady growth in assets from $10.4 million in 2014 to $14.1 million currently, demonstrating financial stability and capacity.
- Expenses generally lower than revenue in recent years (e.g., 2023: $3.38M expenses vs. $3.92M revenue), leading to positive net assets.
- Long filing history (13 filings) indicates consistent compliance and operational longevity.
Frequently Asked Questions about Ame Zion Trinity Housing Development Fund Co Inc
Is Ame Zion Trinity Housing Development Fund Co Inc a legitimate charity?
Ame Zion Trinity Housing Development Fund Co Inc (EIN: 132795194) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $4.2M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Ame Zion Trinity Housing Development Fund Co Inc spend its money?
Ame Zion Trinity Housing Development Fund Co Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Ame Zion Trinity Housing Development Fund Co Inc tax-deductible?
Ame Zion Trinity Housing Development Fund Co Inc is registered as a tax-exempt nonprofit (EIN: 132795194). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ame Zion Trinity Housing Development Fund Co Inc CEO make?
Ame Zion Trinity Housing Development Fund Co Inc's highest-compensated officer earns $14 annually. The organization reported $4.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Ame Zion Trinity Housing Development Fund Co Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Ame Zion Trinity Housing Development Fund Co Inc is above average for NTEE category L20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ame Zion Trinity Housing Development Fund Co Inc located?
Ame Zion Trinity Housing Development Fund Co Inc is headquartered in Poughkeepsie, New York and files with the IRS under EIN 132795194. It is classified under NTEE code L20.
How many years of IRS 990 filings does Ame Zion Trinity Housing Development Fund Co Inc have?
Ame Zion Trinity Housing Development Fund Co 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 $4.2M in total revenue.
Is Ame Zion Trinity Housing Development Fund Co Inc a good charity?
Based on the available data, the organization appears to be a financially stable charity with a strong commitment to its mission, evidenced by consistent asset growth and no reported officer compensation. However, a detailed breakdown of program vs. administrative expenses would provide a more complete picture of its efficiency.
How has the organization's financial health changed over the last decade?
The organization's assets have steadily increased from $10,436,571 in 2014 to $14,118,920 currently, indicating consistent growth and financial stability. Revenue and expenses have fluctuated but generally show a positive trend in net assets in recent years.
What is the significance of 0% officer compensation?
0% officer compensation means that the organization's top leadership is not receiving salaries from the charity. This can indicate a volunteer-led board or a structure where executive functions are covered by other means, potentially allowing more funds to be directed towards programs.
Are there any concerns regarding the organization's liabilities?
Liabilities have generally been high relative to assets, for example, $12,296,574 in liabilities against $13,442,662 in assets in 2023. While common for housing development funds that often carry significant debt for property acquisition and development, it's a factor to monitor for long-term financial health.
Filing History
IRS 990 filing history for Ame Zion Trinity Housing Development Fund Co Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ame Zion Trinity Housing Development Fund Co Inc's revenue has grown by 28.6%, moving from $3.1M to $3.9M. Total assets increased by 19.1% over the same period, from $11.3M to $13.4M. Total functional expenses rose by 3%, from $3.3M to $3.4M. In its most recent filing year (2023), Ame Zion Trinity Housing Development Fund Co Inc reported a surplus of $543K, with revenue exceeding expenses. The organization holds $12.3M in liabilities against $13.4M in assets (debt-to-asset ratio: 91.5%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.9M | $3.4M | $13.4M | $12.3M | — | View 990 |
| 2022 | $3.8M | $3.1M | $13.5M | $12.9M | — | — |
| 2021 | $6.3M | $3.0M | $12.7M | $12.7M | — | View 990 |
| 2020 | $3.5M | $3.2M | $12.2M | $15.6M | — | View 990 |
| 2019 | $3.2M | $3.1M | $11.9M | $15.5M | — | View 990 |
| 2018 | $3.2M | $3.3M | $11.7M | $15.5M | — | View 990 |
| 2017 | $3.2M | $3.2M | $11.7M | $15.3M | — | View 990 |
| 2016 | $3.0M | $3.0M | $11.2M | $14.8M | — | View 990 |
| 2015 | $3.0M | $3.2M | $10.7M | $14.3M | — | View 990 |
| 2014 | $3.0M | $3.1M | $10.4M | $13.8M | — | View 990 |
| 2013 | $3.0M | $2.6M | $10.6M | $13.8M | — | View 990 |
| 2012 | $2.9M | $4.6M | $10.4M | $14.0M | — | View 990 |
| 2011 | $3.1M | $3.3M | $11.3M | $13.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.9M, expenses of $3.4M, and assets of $13.4M (revenue +3.2% year-over-year).
- 2022: Revenue of $3.8M, expenses of $3.1M, and assets of $13.5M (revenue -40.0% year-over-year).
- 2021: Revenue of $6.3M, expenses of $3.0M, and assets of $12.7M (revenue +80.2% year-over-year).
- 2020: Revenue of $3.5M, expenses of $3.2M, and assets of $12.2M (revenue +9.5% year-over-year).
- 2019: Revenue of $3.2M, expenses of $3.1M, and assets of $11.9M (revenue +1.6% year-over-year).
- 2018: Revenue of $3.2M, expenses of $3.3M, and assets of $11.7M (revenue -0.2% year-over-year).
- 2017: Revenue of $3.2M, expenses of $3.2M, and assets of $11.7M (revenue +7.0% year-over-year).
- 2016: Revenue of $3.0M, expenses of $3.0M, and assets of $11.2M (revenue -1.8% year-over-year).
- 2015: Revenue of $3.0M, expenses of $3.2M, and assets of $10.7M (revenue +1.2% year-over-year).
- 2014: Revenue of $3.0M, expenses of $3.1M, and assets of $10.4M (revenue +0.4% year-over-year).
- 2013: Revenue of $3.0M, expenses of $2.6M, and assets of $10.6M (revenue +4.2% year-over-year).
- 2012: Revenue of $2.9M, expenses of $4.6M, and assets of $10.4M (revenue -6.6% year-over-year).
- 2011: Revenue of $3.1M, expenses of $3.3M, and assets of $11.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ame Zion Trinity Housing Development Fund Co Inc:
Data Sources and Methodology
This transparency report for Ame Zion Trinity Housing Development Fund Co 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.