Bethlehem Redevelopment Assoc
Bethlehem Redevelopment Assoc shows consistent revenue and expense alignment with zero reported officer compensation.
EIN: 20366874 · Bethlehem, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $667K |
| Total Expenses | $512K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $2.0M |
| Transparency Score | 88/100 |
Is Bethlehem Redevelopment Assoc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bethlehem Redevelopment Assoc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bethlehem Redevelopment Assoc
Bethlehem Redevelopment Assoc (EIN: 20366874) is a nonprofit organization based in Bethlehem, NH. The organization reported total revenue of $667K and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bethlehem Redevelopment Assoc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bethlehem Redevelopment Assoc is a small nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $516K |
| Total Expenses | $512K |
| Surplus / Deficit | +$4K |
| Total Assets | $2.1M |
| Total Liabilities | $49K |
| Net Assets | $2.0M |
| Operating Margin | 0.7% |
| Debt-to-Asset Ratio | 2.4% |
| Months of Reserves | 48.7 months |
Financial Health Grade: A
In 2023, Bethlehem Redevelopment Assoc reported a surplus of $4K with revenue exceeding expenses, holds 48.7 months of operating reserves (strong position), has a debt-to-asset ratio of 2.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Bethlehem Redevelopment Assoc's revenue has grown at a compound annual growth rate (CAGR) of 7.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.3% | +7.6% | +30.8% |
| 2022 | -0.7% | +41.6% | -3.2% |
| 2021 | +20.9% | -0.2% | +8.2% |
| 2020 | -21.7% | -27.1% | +0.9% |
| 2019 | +36.0% | +34.5% | +9.0% |
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 Bethlehem Redevelopment Assoc with a Mission Score of 88 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: 85%
- fundraising: 5%
According to IRS 990 filings, Bethlehem Redevelopment Assoc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $4K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either unpaid volunteers or compensated through other means not categorized as officer compensation, which is highly efficient for an organization with over $2 million in assets.
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 Bethlehem Redevelopment Assoc's IRS 990 filings:
- NTEE Code is unknown, limiting ability to compare to peer organizations.
Strengths
The following positive indicators were identified for Bethlehem Redevelopment Assoc:
- Consistent asset growth, from $765,746 in 201409 to $2,076,971 in 202309.
- Zero reported officer compensation across all filings, indicating high efficiency.
- Revenues generally cover expenses, demonstrating financial sustainability (e.g., 202309 revenue $516,119 vs. expenses $512,304).
- Low liabilities relative to assets, indicating a healthy balance sheet.
- Consistent IRS 990 filing history over 13 periods, showing commitment to transparency.
Frequently Asked Questions about Bethlehem Redevelopment Assoc
Is Bethlehem Redevelopment Assoc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bethlehem Redevelopment Assoc (EIN: 20366874) some concerns. Mission Score: 88/100. 1 red flag identified, 5 strengths noted.
How does Bethlehem Redevelopment Assoc spend its money?
Bethlehem Redevelopment Assoc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bethlehem Redevelopment Assoc tax-deductible?
Bethlehem Redevelopment Assoc is registered as a tax-exempt nonprofit (EIN: 20366874). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Bethlehem Redevelopment Assoc CEO make?
Bethlehem Redevelopment Assoc's highest-compensated officer earns $2 annually. The organization reported $667K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Bethlehem Redevelopment Assoc's spending goes to programs?
Bethlehem Redevelopment Assoc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Bethlehem Redevelopment Assoc located?
Bethlehem Redevelopment Assoc is headquartered in Bethlehem, New Hampshire and files with the IRS under EIN 20366874.
How many years of IRS 990 filings does Bethlehem Redevelopment Assoc have?
Bethlehem Redevelopment Assoc 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 $667K in total revenue.
Is Bethlehem Redevelopment Assoc a good charity?
Based on the available financial data, Bethlehem Redevelopment Assoc appears to be a financially stable organization with a strong track record of asset growth and efficient management, as evidenced by 0% officer compensation. Its consistent revenue generation and expense management suggest a well-run operation.
How has the organization's financial health changed over time?
The organization's financial health has improved significantly, with assets growing from $765,746 in 201409 to $2,076,971 in 202309. Revenues have generally kept pace with or exceeded expenses, indicating sustainable operations.
What is the trend in liabilities?
Liabilities have fluctuated but generally remained manageable relative to assets. They decreased from $166,734 in 201409 to $49,181 in 202309, indicating good financial stewardship.
Filing History
IRS 990 filing history for Bethlehem Redevelopment Assoc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bethlehem Redevelopment Assoc's revenue has grown by 149.8%, moving from $207K to $516K. Total assets increased by 189.2% over the same period, from $718K to $2.1M. Total functional expenses rose by 164.7%, from $194K to $512K. In its most recent filing year (2023), Bethlehem Redevelopment Assoc reported a surplus of $4K, with revenue exceeding expenses. The organization holds $49K in liabilities against $2.1M in assets (debt-to-asset ratio: 2.4%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $516K | $512K | $2.1M | $49K | — | View 990 |
| 2022 | $477K | $476K | $1.6M | $50K | — | View 990 |
| 2021 | $480K | $336K | $1.6M | $55K | — | View 990 |
| 2020 | $397K | $337K | $1.5M | $122K | — | View 990 |
| 2019 | $507K | $462K | $1.5M | $204K | — | View 990 |
| 2018 | $373K | $344K | $1.4M | $125K | — | View 990 |
| 2017 | $792K | $303K | $1.4M | $133K | — | View 990 |
| 2016 | $441K | $280K | $876K | $150K | — | View 990 |
| 2015 | $249K | $284K | $724K | $160K | — | View 990 |
| 2014 | $268K | $250K | $766K | $167K | — | View 990 |
| 2013 | $246K | $212K | $777K | $196K | — | View 990 |
| 2012 | $190K | $206K | $709K | $162K | — | View 990 |
| 2011 | $207K | $194K | $718K | $170K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $516K, expenses of $512K, and assets of $2.1M (revenue +8.3% year-over-year).
- 2022: Revenue of $477K, expenses of $476K, and assets of $1.6M (revenue -0.7% year-over-year).
- 2021: Revenue of $480K, expenses of $336K, and assets of $1.6M (revenue +20.9% year-over-year).
- 2020: Revenue of $397K, expenses of $337K, and assets of $1.5M (revenue -21.7% year-over-year).
- 2019: Revenue of $507K, expenses of $462K, and assets of $1.5M (revenue +36.0% year-over-year).
- 2018: Revenue of $373K, expenses of $344K, and assets of $1.4M (revenue -52.9% year-over-year).
- 2017: Revenue of $792K, expenses of $303K, and assets of $1.4M (revenue +79.5% year-over-year).
- 2016: Revenue of $441K, expenses of $280K, and assets of $876K (revenue +76.9% year-over-year).
- 2015: Revenue of $249K, expenses of $284K, and assets of $724K (revenue -7.0% year-over-year).
- 2014: Revenue of $268K, expenses of $250K, and assets of $766K (revenue +9.1% year-over-year).
- 2013: Revenue of $246K, expenses of $212K, and assets of $777K (revenue +29.2% year-over-year).
- 2012: Revenue of $190K, expenses of $206K, and assets of $709K (revenue -7.9% year-over-year).
- 2011: Revenue of $207K, expenses of $194K, and assets of $718K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bethlehem Redevelopment Assoc:
Data Sources and Methodology
This transparency report for Bethlehem Redevelopment Assoc 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.