Capital Region Health Care Development Corporation
Capital Region Health Care Development Corporation consistently maintains financial surpluses and growing assets with no reported officer compensation.
EIN: 20429749 · Concord, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.5M |
| Total Expenses | $5.3M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $6.1M |
| Transparency Score | 85/100 |
Is Capital Region Health Care Development Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Capital Region Health Care Development Corporation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Capital Region Health Care Development Corporation
Capital Region Health Care Development Corporation (EIN: 20429749) is a nonprofit organization based in Concord, NH. The organization reported total revenue of $6.5M and total assets of $24.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Capital Region Health Care Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Capital Region Health Care Development Corporation is a mid-size nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.8M |
| Total Expenses | $5.3M |
| Surplus / Deficit | +$494K |
| Total Assets | $23.0M |
| Total Liabilities | $16.9M |
| Net Assets | $6.1M |
| Operating Margin | 8.6% |
| Debt-to-Asset Ratio | 73.4% |
| Months of Reserves | 52.2 months |
Financial Health Grade: A
In 2023, Capital Region Health Care Development Corporation reported a surplus of $494K with revenue exceeding expenses, holds 52.2 months of operating reserves (strong position), has a debt-to-asset ratio of 73.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Capital Region Health Care Development Corporation's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.1% | +0.2% | -1.1% |
| 2022 | +31.8% | +26.2% | +8.0% |
| 2021 | -12.6% | +4.3% | +21.6% |
| 2020 | -4.2% | -14.1% | +3.6% |
| 2019 | -0.9% | -1.1% | +0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Capital Region Health Care Development Corporation 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, Capital Region Health Care Development Corporation 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 $494K, with revenue exceeding expenses.
- Debt-to-asset ratio: 73.4%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, suggesting a volunteer-led executive structure or that executive salaries are not categorized as officer compensation, which is unusual for an organization with over $5 million in annual revenue and $24 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 Capital Region Health Care Development Corporation's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- Unusually low (0%) reported officer compensation for an organization of this size, which might obscure how executive leadership is compensated or structured.
Strengths
The following positive indicators were identified for Capital Region Health Care Development Corporation:
- Consistent financial surpluses year over year, demonstrating strong financial management.
- Steady growth in assets, from $17.3M in 2014 to $22.9M in 2023, indicating increasing financial capacity.
- Long history of IRS 990 filings (13 filings), showing commitment to transparency.
- No reported officer compensation, potentially maximizing funds for mission-related activities.
Frequently Asked Questions about Capital Region Health Care Development Corporation
Is Capital Region Health Care Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Capital Region Health Care Development Corporation (EIN: 20429749) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Capital Region Health Care Development Corporation spend its money?
Capital Region Health Care Development Corporation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Capital Region Health Care Development Corporation tax-deductible?
Capital Region Health Care Development Corporation is registered as a tax-exempt nonprofit (EIN: 20429749). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Capital Region Health Care Development Corporation CEO make?
Capital Region Health Care Development Corporation's highest-compensated officer earns $5 annually. The organization reported $6.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Capital Region Health Care Development Corporation's spending goes to programs?
Capital Region Health Care Development Corporation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Capital Region Health Care Development Corporation located?
Capital Region Health Care Development Corporation is headquartered in Concord, New Hampshire and files with the IRS under EIN 20429749.
How many years of IRS 990 filings does Capital Region Health Care Development Corporation have?
Capital Region Health Care Development Corporation 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 $6.5M in total revenue.
Is Capital Region Health Care Development Corporation a good charity?
Based on its consistent financial surpluses, growing assets, and no reported officer compensation, the organization appears to be financially well-managed and efficient, suggesting it is a good charity from a financial health perspective.
How has the organization's financial health changed over time?
The organization has consistently maintained positive net income and has seen its assets grow from $17,364,925 in 2014 to $22,958,740 in 2023, indicating strong and improving financial health over the past decade.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation, which is highly unusual for an entity of its size and suggests either a volunteer-driven leadership or that executive compensation is reported under different expense categories.
How does its revenue compare to its expenses?
In every reported period, the organization's revenue has exceeded its expenses, indicating a consistent financial surplus. For example, in 2023, revenue was $5,768,362 against expenses of $5,274,475.
Filing History
IRS 990 filing history for Capital Region Health Care Development Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Capital Region Health Care Development Corporation's revenue has grown by 21.1%, moving from $4.8M to $5.8M. Total assets increased by 18.8% over the same period, from $19.3M to $23.0M. Total functional expenses rose by 8.9%, from $4.8M to $5.3M. In its most recent filing year (2023), Capital Region Health Care Development Corporation reported a surplus of $494K, with revenue exceeding expenses. The organization holds $16.9M in liabilities against $23.0M in assets (debt-to-asset ratio: 73.4%), resulting in net assets of $6.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.8M | $5.3M | $23.0M | $16.9M | — | View 990 |
| 2022 | $6.0M | $5.3M | $23.2M | $17.6M | — | — |
| 2021 | $4.5M | $4.2M | $21.5M | $16.6M | — | View 990 |
| 2020 | $5.2M | $4.0M | $17.7M | $13.1M | — | — |
| 2019 | $5.4M | $4.7M | $17.1M | $13.7M | — | View 990 |
| 2018 | $5.4M | $4.7M | $17.0M | $14.3M | — | View 990 |
| 2017 | $5.2M | $4.9M | $16.8M | $14.9M | — | View 990 |
| 2016 | $5.3M | $4.9M | $17.0M | $15.4M | — | View 990 |
| 2015 | $5.2M | $4.9M | $17.1M | $15.9M | — | View 990 |
| 2014 | $5.2M | $4.7M | $17.4M | $16.4M | — | View 990 |
| 2013 | $5.1M | $4.9M | $17.3M | $16.8M | — | View 990 |
| 2012 | $4.9M | $4.9M | $17.9M | $17.6M | — | View 990 |
| 2011 | $4.8M | $4.8M | $19.3M | $19.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.8M, expenses of $5.3M, and assets of $23.0M (revenue -3.1% year-over-year).
- 2022: Revenue of $6.0M, expenses of $5.3M, and assets of $23.2M (revenue +31.8% year-over-year).
- 2021: Revenue of $4.5M, expenses of $4.2M, and assets of $21.5M (revenue -12.6% year-over-year).
- 2020: Revenue of $5.2M, expenses of $4.0M, and assets of $17.7M (revenue -4.2% year-over-year).
- 2019: Revenue of $5.4M, expenses of $4.7M, and assets of $17.1M (revenue -0.9% year-over-year).
- 2018: Revenue of $5.4M, expenses of $4.7M, and assets of $17.0M (revenue +4.7% year-over-year).
- 2017: Revenue of $5.2M, expenses of $4.9M, and assets of $16.8M (revenue -2.0% year-over-year).
- 2016: Revenue of $5.3M, expenses of $4.9M, and assets of $17.0M (revenue +2.4% year-over-year).
- 2015: Revenue of $5.2M, expenses of $4.9M, and assets of $17.1M (revenue +0.1% year-over-year).
- 2014: Revenue of $5.2M, expenses of $4.7M, and assets of $17.4M (revenue +1.3% year-over-year).
- 2013: Revenue of $5.1M, expenses of $4.9M, and assets of $17.3M (revenue +3.9% year-over-year).
- 2012: Revenue of $4.9M, expenses of $4.9M, and assets of $17.9M (revenue +3.2% year-over-year).
- 2011: Revenue of $4.8M, expenses of $4.8M, and assets of $19.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Capital Region Health Care Development Corporation:
Data Sources and Methodology
This transparency report for Capital Region Health Care 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.