Cambridge Neighborhood Apartment Housing Service Inc
Cambridge Neighborhood Apartment Housing Service: Stable Growth, Strong Program Focus
EIN: 222479448 · Cambridge, MA · NTEE: L200 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $428K |
| Program Spending | 85% |
| Net Assets | $36.1M |
| Transparency Score | 85/100 |
Is Cambridge Neighborhood Apartment Housing Service Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cambridge Neighborhood Apartment Housing Service Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cambridge Neighborhood Apartment Housing Service Inc
Cambridge Neighborhood Apartment Housing Service Inc (EIN: 222479448) is a nonprofit organization based in Cambridge, MA, classified under NTEE code L200. The organization reported total revenue of $2.4M and total assets of $38.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cambridge Neighborhood Apartment Housing Service Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cambridge Neighborhood Apartment Housing Service Inc is a mid-size nonprofit that has been operating for 42 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -8.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $428K |
| Surplus / Deficit | +$1.7M |
| Total Assets | $36.9M |
| Total Liabilities | $732K |
| Net Assets | $36.1M |
| Operating Margin | 80.0% |
| Debt-to-Asset Ratio | 2.0% |
| Months of Reserves | 1034.1 months |
Financial Health Grade: A
In 2024, Cambridge Neighborhood Apartment Housing Service Inc reported a surplus of $1.7M with revenue exceeding expenses, holds 1034.1 months of operating reserves (strong position), has a debt-to-asset ratio of 2.0% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Cambridge Neighborhood Apartment Housing Service Inc's revenue has declined at a compound annual growth rate (CAGR) of -8.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +21.8% | +27.8% | +4.9% |
| 2023 | +3.0% | -1.5% | +3.5% |
| 2022 | -0.5% | +21.6% | +4.7% |
| 2021 | +7.6% | -21.0% | +3.9% |
| 2020 | +3.7% | -8.9% | +4.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
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 Cambridge Neighborhood Apartment Housing Service 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: 85%
- fundraising: 5%
According to IRS 990 filings, Cambridge Neighborhood Apartment Housing Service Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.0%.
Executive Compensation Analysis
Executive compensation information is not provided in the given data, preventing a specific assessment of individual salaries; however, overall administrative expenses are consistently low, suggesting efficient management.
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.
Strengths
The following positive indicators were identified for Cambridge Neighborhood Apartment Housing Service Inc:
- Consistent revenue growth over the past several years, from $1,538,410 in 2019 to $2,413,642 in 2024.
- Strong asset growth, increasing from $29,907,776 in 2019 to $38,794,706 in 2024, indicating financial stability and capacity.
- Low administrative and fundraising expenses relative to total expenses, suggesting a high percentage of funds go directly to programs.
- Maintains a healthy liability-to-asset ratio, indicating good financial health.
- Zero lobbying expenses ('c0%') across all reported years, indicating a focus on direct service rather than political advocacy.
Frequently Asked Questions about Cambridge Neighborhood Apartment Housing Service Inc
Is Cambridge Neighborhood Apartment Housing Service Inc a legitimate charity?
Cambridge Neighborhood Apartment Housing Service Inc (EIN: 222479448) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $2.4M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Cambridge Neighborhood Apartment Housing Service Inc spend its money?
Cambridge Neighborhood Apartment Housing Service Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Cambridge Neighborhood Apartment Housing Service Inc tax-deductible?
Cambridge Neighborhood Apartment Housing Service Inc is registered as a tax-exempt nonprofit (EIN: 222479448). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Cambridge Neighborhood Apartment Housing Service Inc's spending goes to programs?
Cambridge Neighborhood Apartment Housing Service Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Cambridge Neighborhood Apartment Housing Service Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Cambridge Neighborhood Apartment Housing Service 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 Cambridge Neighborhood Apartment Housing Service Inc located?
Cambridge Neighborhood Apartment Housing Service Inc is headquartered in Cambridge, Massachusetts and files with the IRS under EIN 222479448. It is classified under NTEE code L200.
How many years of IRS 990 filings does Cambridge Neighborhood Apartment Housing Service Inc have?
Cambridge Neighborhood Apartment Housing Service Inc has 14 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 $2.4M in total revenue.
What does Cambridge Neighborhood Apartment Housing Service Inc do?
Cambridge Neighborhood Apartment Housing Service Inc is a nonprofit organization in the Housing & Shelter sector, located in Cambridge, Massachusetts. It is classified under NTEE code L200.
How much revenue does Cambridge Neighborhood Apartment Housing Service Inc have?
Cambridge Neighborhood Apartment Housing Service Inc reported total revenue of $2,413,642. Based on 14 IRS 990 filings on record.
What are Cambridge Neighborhood Apartment Housing Service Inc's total assets?
Cambridge Neighborhood Apartment Housing Service Inc holds total assets of $38,794,706 as reported in IRS 990 filings.
Where is Cambridge Neighborhood Apartment Housing Service Inc located?
Cambridge Neighborhood Apartment Housing Service Inc is based in Cambridge, Massachusetts.
What is Cambridge Neighborhood Apartment Housing Service Inc's EIN?
Cambridge Neighborhood Apartment Housing Service Inc's Employer Identification Number (EIN) is 222479448. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Cambridge Neighborhood Apartment Housing Service Inc?
Cambridge Neighborhood Apartment Housing Service Inc is classified under NTEE code L200 (Housing & Shelter).
Is Cambridge Neighborhood Apartment Housing Service Inc a registered 501(c)(3)?
Yes, Cambridge Neighborhood Apartment Housing Service Inc is recognized as a tax-exempt organization by the IRS. EIN: 222479448.
Does Cambridge Neighborhood Apartment Housing Service Inc file IRS Form 990?
Yes, Cambridge Neighborhood Apartment Housing Service Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Cambridge Neighborhood Apartment Housing Service Inc's revenue in 2024?
In the 202406 filing period, Cambridge Neighborhood Apartment Housing Service Inc reported total revenue of $2,144,478, total expenses of $427,848, and net assets of $36,870,535.
Is Cambridge Neighborhood Apartment Housing Service Inc's revenue growing or declining?
Cambridge Neighborhood Apartment Housing Service Inc's revenue is growing. Revenue went from $1,760,140 (202306) to $2,144,478 (202406), a +21.8% change. Based on 14 filings on record.
What is Cambridge Neighborhood Apartment Housing Service Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Cambridge Neighborhood Apartment Housing Service Inc covers tax period 202406. It shows revenue of $2,144,478, expenses of $427,848, total assets of $36,870,535, and liabilities of $732,036.
How much does Cambridge Neighborhood Apartment Housing Service Inc spend on programs vs administration?
Based on IRS 990 analysis, Cambridge Neighborhood Apartment Housing Service Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Cambridge Neighborhood Apartment Housing Service Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Cambridge Neighborhood Apartment Housing Service Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 5 strengths noted.
What are Cambridge Neighborhood Apartment Housing Service Inc's strengths?
Positive indicators for Cambridge Neighborhood Apartment Housing Service Inc include: Consistent revenue growth over the past several years, from $1,538,410 in 2019 to $2,413,642 in 2024.. Strong asset growth, increasing from $29,907,776 in 2019 to $38,794,706 in 2024, indicating financial stability and capacity.. Low administrative and fundraising expenses relative to total expenses, suggesting a high percentage of funds go directly to programs.. Maintains a healthy liability-to-asset ratio, indicating good financial health.. Zero lobbying expenses ('c0%') across all reported years, indicating a focus on direct service rather than political advocacy.. These findings are derived from AI analysis of the organization's financial filings.
How does Cambridge Neighborhood Apartment Housing Service Inc compensate executives?
Executive compensation information is not provided in the given data, preventing a specific assessment of individual salaries; however, overall administrative expenses are consistently low, suggesting efficient management. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Cambridge Neighborhood Apartment Housing Service Inc?
• Financial filings are consistently available and show clear revenue and expense reporting. • The organization's 990 forms detail program service accomplishments and financial activities. • No specific transparency report or impact report was readily available beyond standard tax filings. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How does the organization's consistent 'c0%' lobbying expense impact its operational strategy and community engagement?
The consistent 'c0%' lobbying expense suggests that Cambridge Neighborhood Apartment Housing Service Inc. primarily focuses on direct service delivery and program implementation rather than influencing policy through legislative advocacy. This strategy likely emphasizes on-the-ground community impact and resource allocation directly to housing services, potentially fostering stronger trust with beneficiaries who see funds directly supporting their needs rather than political efforts.
Filing History
IRS 990 filing history for Cambridge Neighborhood Apartment Housing Service Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Cambridge Neighborhood Apartment Housing Service Inc's revenue has declined by 69.2%, moving from $7.0M to $2.1M. Total assets increased by 125.9% over the same period, from $16.3M to $36.9M. Total functional expenses rose by 45.4%, from $294K to $428K. In its most recent filing year (2024), Cambridge Neighborhood Apartment Housing Service Inc reported a surplus of $1.7M, with revenue exceeding expenses. The organization holds $732K in liabilities against $36.9M in assets (debt-to-asset ratio: 2.0%), resulting in net assets of $36.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $2.1M | $428K | $36.9M | $732K | — | View 990 |
| 2023 | $1.8M | $335K | $35.2M | $740K | — | View 990 |
| 2022 | $1.7M | $340K | $34.0M | $978K | — | View 990 |
| 2021 | $1.7M | $279K | $32.4M | $813K | — | View 990 |
| 2020 | $1.6M | $354K | $31.2M | $1.0M | — | View 990 |
| 2019 | $1.5M | $388K | $29.9M | $959K | — | View 990 |
| 2018 | $1.7M | $362K | $29.0M | $1.2M | — | View 990 |
| 2017 | $1.8M | $253K | $27.7M | $1.2M | — | View 990 |
| 2016 | $3.5M | $290K | $26.2M | $1.3M | — | View 990 |
| 2015 | $1.6M | $322K | $23.1M | $1.4M | — | View 990 |
| 2014 | $1.5M | $3.1M | $21.8M | $1.5M | — | View 990 |
| 2013 | $1.5M | $356K | $23.6M | $1.6M | — | View 990 |
| 2012 | $7.1M | $509K | $22.7M | $1.9M | — | View 990 |
| 2011 | $7.0M | $294K | $16.3M | $2.0M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.1M, expenses of $428K, and assets of $36.9M (revenue +21.8% year-over-year).
- 2023: Revenue of $1.8M, expenses of $335K, and assets of $35.2M (revenue +3.0% year-over-year).
- 2022: Revenue of $1.7M, expenses of $340K, and assets of $34.0M (revenue -0.5% year-over-year).
- 2021: Revenue of $1.7M, expenses of $279K, and assets of $32.4M (revenue +7.6% year-over-year).
- 2020: Revenue of $1.6M, expenses of $354K, and assets of $31.2M (revenue +3.7% year-over-year).
- 2019: Revenue of $1.5M, expenses of $388K, and assets of $29.9M (revenue -9.3% year-over-year).
- 2018: Revenue of $1.7M, expenses of $362K, and assets of $29.0M (revenue -7.6% year-over-year).
- 2017: Revenue of $1.8M, expenses of $253K, and assets of $27.7M (revenue -47.9% year-over-year).
- 2016: Revenue of $3.5M, expenses of $290K, and assets of $26.2M (revenue +114.4% year-over-year).
- 2015: Revenue of $1.6M, expenses of $322K, and assets of $23.1M (revenue +12.4% year-over-year).
- 2014: Revenue of $1.5M, expenses of $3.1M, and assets of $21.8M (revenue -0.6% year-over-year).
- 2013: Revenue of $1.5M, expenses of $356K, and assets of $23.6M (revenue -79.2% year-over-year).
- 2012: Revenue of $7.1M, expenses of $509K, and assets of $22.7M (revenue +1.4% year-over-year).
- 2011: Revenue of $7.0M, expenses of $294K, and assets of $16.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cambridge Neighborhood Apartment Housing Service Inc:
Data Sources and Methodology
This transparency report for Cambridge Neighborhood Apartment Housing Service 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.