Chautauqua Home Rehabilitation & Improvement Corp
Chautauqua Home Rehabilitation & Improvement Corp operates with balanced budgets and no reported officer compensation.
EIN: 132922191 · Mayville, NY · NTEE: L25Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.9M |
| Total Expenses | $2.4M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $800K |
| Transparency Score | 85/100 |
Is Chautauqua Home Rehabilitation & Improvement Corp Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Chautauqua Home Rehabilitation & Improvement Corp directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Chautauqua Home Rehabilitation & Improvement Corp
Chautauqua Home Rehabilitation & Improvement Corp (EIN: 132922191) is a nonprofit organization based in Mayville, NY, classified under NTEE code L25Z. The organization reported total revenue of $2.9M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chautauqua Home Rehabilitation & Improvement Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chautauqua Home Rehabilitation & Improvement Corp is a mid-size nonprofit that has been operating for 48 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $2.4M |
| Surplus / Deficit | +$6K |
| Total Assets | $1.7M |
| Total Liabilities | $888K |
| Net Assets | $800K |
| Operating Margin | 0.3% |
| Debt-to-Asset Ratio | 52.6% |
| Months of Reserves | 8.5 months |
Financial Health Grade: A
In 2023, Chautauqua Home Rehabilitation & Improvement Corp reported a surplus of $6K with revenue exceeding expenses, holds 8.5 months of operating reserves (strong position), has a debt-to-asset ratio of 52.6% (high leverage).
Financial Trends
Over 12 years of filings (2011–2023), Chautauqua Home Rehabilitation & Improvement Corp's revenue has declined at a compound annual growth rate (CAGR) of -3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.4% | +5.4% | -10.7% |
| 2022 | +58.0% | +49.2% | +13.3% |
| 2020 | -41.6% | -38.7% | +0.8% |
| 2019 | +28.4% | +28.7% | +12.9% |
| 2018 | -18.0% | -16.6% | -1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1978 |
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 Chautauqua Home Rehabilitation & Improvement Corp 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Chautauqua Home Rehabilitation & Improvement Corp 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 52.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received reportable compensation from the organization, which is highly unusual for an organization with annual revenues exceeding $2 million. This suggests either a volunteer leadership model or that compensation is structured in a way that falls outside the 'officer compensation' reporting requirements, but it strongly implies a very lean administrative overhead in this specific category.
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 Chautauqua Home Rehabilitation & Improvement Corp's IRS 990 filings:
- Unusually low or 0% reported officer compensation, which may obscure actual leadership compensation if categorized differently.
Strengths
The following positive indicators were identified for Chautauqua Home Rehabilitation & Improvement Corp:
- Consistent financial reporting and regulatory compliance with 12 IRS 990 filings.
- Balanced budgets with expenses closely matching revenues, indicating efficient use of funds.
- Stable asset base with modest growth over time, suggesting financial resilience.
- No reported officer compensation, implying a strong dedication of resources to programmatic activities.
Frequently Asked Questions about Chautauqua Home Rehabilitation & Improvement Corp
Is Chautauqua Home Rehabilitation & Improvement Corp a legitimate charity?
Chautauqua Home Rehabilitation & Improvement Corp (EIN: 132922191) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $2.9M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Chautauqua Home Rehabilitation & Improvement Corp spend its money?
Chautauqua Home Rehabilitation & Improvement Corp directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Chautauqua Home Rehabilitation & Improvement Corp tax-deductible?
Chautauqua Home Rehabilitation & Improvement Corp is registered as a tax-exempt nonprofit (EIN: 132922191). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Chautauqua Home Rehabilitation & Improvement Corp CEO make?
Chautauqua Home Rehabilitation & Improvement Corp's highest-compensated officer earns $2 annually. The organization reported $2.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Chautauqua Home Rehabilitation & Improvement Corp's spending goes to programs?
Chautauqua Home Rehabilitation & Improvement Corp directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Chautauqua Home Rehabilitation & Improvement Corp compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Chautauqua Home Rehabilitation & Improvement Corp is above average for NTEE category L25Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Chautauqua Home Rehabilitation & Improvement Corp located?
Chautauqua Home Rehabilitation & Improvement Corp is headquartered in Mayville, New York and files with the IRS under EIN 132922191. It is classified under NTEE code L25Z.
How many years of IRS 990 filings does Chautauqua Home Rehabilitation & Improvement Corp have?
Chautauqua Home Rehabilitation & Improvement Corp has 12 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 $2.9M in total revenue.
Is Chautauqua Home Rehabilitation & Improvement Corp a good charity?
Based on the available IRS 990 data, CHRIC appears to be a well-managed charity. It consistently operates with balanced budgets, has a stable asset base, and notably reports 0% officer compensation, suggesting a strong commitment to its mission and efficient use of funds.
How does CHRIC manage to operate with 0% officer compensation?
The 0% officer compensation reported across all filings is highly unusual for an organization of this size. It could indicate that the leadership is entirely volunteer-based, or that compensation for key personnel is categorized differently (e.g., as regular employee salaries rather than officer compensation) or paid by a related entity. Further investigation into their specific operational model would be needed to fully understand this.
What is the trend in CHRIC's financial stability?
CHRIC demonstrates consistent financial stability. While revenues and expenses fluctuate year-to-year (e.g., revenue of $2,385,881 in 2023 vs. $1,433,427 in 2020), they generally remain balanced, with expenses closely matching revenues. Assets have also shown a stable, gradual increase over the past decade, from $1,392,876 in 2016 to $1,688,548 in 2023.
Filing History
IRS 990 filing history for Chautauqua Home Rehabilitation & Improvement Corp showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Chautauqua Home Rehabilitation & Improvement Corp's revenue has declined by 36.7%, moving from $3.8M to $2.4M. Total assets decreased by 11.4% over the same period, from $1.9M to $1.7M. Total functional expenses fell by 33.9%, from $3.6M to $2.4M. In its most recent filing year (2023), Chautauqua Home Rehabilitation & Improvement Corp reported a surplus of $6K, with revenue exceeding expenses. The organization holds $888K in liabilities against $1.7M in assets (debt-to-asset ratio: 52.6%), resulting in net assets of $800K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $2.4M | $1.7M | $888K | — | — |
| 2022 | $2.3M | $2.3M | $1.9M | $1.1M | — | View 990 |
| 2020 | $1.4M | $1.5M | $1.7M | $876K | — | — |
| 2019 | $2.5M | $2.5M | $1.7M | $783K | — | View 990 |
| 2018 | $1.9M | $1.9M | $1.5M | $610K | — | View 990 |
| 2017 | $2.3M | $2.3M | $1.5M | $619K | — | View 990 |
| 2016 | $1.8M | $1.7M | $1.4M | $559K | — | View 990 |
| 2015 | $2.1M | $2.2M | $1.4M | $572K | — | View 990 |
| 2014 | $2.2M | $2.4M | $1.6M | $702K | — | View 990 |
| 2013 | $2.5M | $2.5M | $1.8M | $738K | — | View 990 |
| 2012 | $2.6M | $2.6M | $1.7M | $646K | — | View 990 |
| 2011 | $3.8M | $3.6M | $1.9M | $880K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $2.4M, and assets of $1.7M (revenue +5.4% year-over-year).
- 2022: Revenue of $2.3M, expenses of $2.3M, and assets of $1.9M (revenue +58.0% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.5M, and assets of $1.7M (revenue -41.6% year-over-year).
- 2019: Revenue of $2.5M, expenses of $2.5M, and assets of $1.7M (revenue +28.4% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.9M, and assets of $1.5M (revenue -18.0% year-over-year).
- 2017: Revenue of $2.3M, expenses of $2.3M, and assets of $1.5M (revenue +31.5% year-over-year).
- 2016: Revenue of $1.8M, expenses of $1.7M, and assets of $1.4M (revenue -16.4% year-over-year).
- 2015: Revenue of $2.1M, expenses of $2.2M, and assets of $1.4M (revenue -4.4% year-over-year).
- 2014: Revenue of $2.2M, expenses of $2.4M, and assets of $1.6M (revenue -11.2% year-over-year).
- 2013: Revenue of $2.5M, expenses of $2.5M, and assets of $1.8M (revenue -4.6% year-over-year).
- 2012: Revenue of $2.6M, expenses of $2.6M, and assets of $1.7M (revenue -30.7% year-over-year).
- 2011: Revenue of $3.8M, expenses of $3.6M, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chautauqua Home Rehabilitation & Improvement Corp:
Data Sources and Methodology
This transparency report for Chautauqua Home Rehabilitation & Improvement Corp 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.