Cheneyville Housing Development Corporation
EIN: 721436533 · Cheneyville, LA · NTEE: L22
| Metric | Value |
|---|---|
| Total Revenue | $63K |
| Total Expenses | $154K |
| Net Assets | $363K |
Is Cheneyville Housing Development Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cheneyville Housing Development Corporation
Cheneyville Housing Development Corporation (EIN: 721436533) is a nonprofit organization based in Cheneyville, LA, classified under NTEE code L22. The organization reported total revenue of $63K and total assets of $478K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cheneyville Housing Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cheneyville Housing Development Corporation is a micro nonprofit that has been operating for 27 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 5.7%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $165K |
| Total Expenses | $154K |
| Surplus / Deficit | +$10K |
| Total Assets | $601K |
| Total Liabilities | $238K |
| Net Assets | $363K |
| Operating Margin | 6.2% |
| Debt-to-Asset Ratio | 39.6% |
| Months of Reserves | 46.8 months |
Financial Health Grade: A
In 2022, Cheneyville Housing Development Corporation reported a surplus of $10K with revenue exceeding expenses, holds 46.8 months of operating reserves (strong position), has a debt-to-asset ratio of 39.6% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2022), Cheneyville Housing Development Corporation's revenue has grown at a compound annual growth rate (CAGR) of 5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +123.4% | -7.8% | -4.4% |
| 2021 | -43.0% | +19.9% | +15.6% |
| 2020 | +43.2% | +9.9% | +5.2% |
| 2019 | -4.3% | -4.5% | -3.1% |
| 2018 | -15.2% | +21.7% | -3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cheneyville Housing Development Corporation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cheneyville Housing Development Corporation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $10K, with revenue exceeding expenses.
- Debt-to-asset ratio: 39.6%.
Frequently Asked Questions about Cheneyville Housing Development Corporation
Is Cheneyville Housing Development Corporation a legitimate charity?
Cheneyville Housing Development Corporation (EIN: 721436533) is a registered tax-exempt nonprofit based in Louisiana. It has 12 years of IRS 990 filings on record. Total revenue: $63K. No red flags identified. Financial health grade: A.
How does Cheneyville Housing Development Corporation spend its money?
Cheneyville Housing Development Corporation reported $63K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Cheneyville Housing Development Corporation tax-deductible?
Cheneyville Housing Development Corporation is registered as a tax-exempt nonprofit (EIN: 721436533). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cheneyville Housing Development Corporation located?
Cheneyville Housing Development Corporation is headquartered in Cheneyville, Louisiana and files with the IRS under EIN 721436533. It is classified under NTEE code L22.
How many years of IRS 990 filings does Cheneyville Housing Development Corporation have?
Cheneyville Housing Development Corporation 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 $63K in total revenue.
Filing History
IRS 990 filing history for Cheneyville Housing Development Corporation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Cheneyville Housing Development Corporation's revenue has grown by 83.6%, moving from $90K to $165K. Total assets decreased by 9.8% over the same period, from $666K to $601K. Total functional expenses rose by 57.8%, from $98K to $154K. In its most recent filing year (2022), Cheneyville Housing Development Corporation reported a surplus of $10K, with revenue exceeding expenses. The organization holds $238K in liabilities against $601K in assets (debt-to-asset ratio: 39.6%), resulting in net assets of $363K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $165K | $154K | $601K | $238K | — | — |
| 2021 | $74K | $167K | $629K | $276K | — | View 990 |
| 2020 | $129K | $139K | $544K | $97K | — | — |
| 2019 | $90K | $127K | $517K | $60K | — | View 990 |
| 2018 | $94K | $133K | $534K | $40K | — | View 990 |
| 2017 | $111K | $109K | $555K | $23K | — | View 990 |
| 2016 | $103K | $104K | $572K | $42K | — | — |
| 2015 | $92K | $109K | $583K | $52K | — | View 990 |
| 2014 | $77K | $115K | $602K | $54K | — | View 990 |
| 2013 | $77K | $109K | $621K | $35K | — | View 990 |
| 2012 | $76K | $113K | $637K | $20K | — | View 990 |
| 2011 | $90K | $98K | $666K | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $165K, expenses of $154K, and assets of $601K (revenue +123.4% year-over-year).
- 2021: Revenue of $74K, expenses of $167K, and assets of $629K (revenue -43.0% year-over-year).
- 2020: Revenue of $129K, expenses of $139K, and assets of $544K (revenue +43.2% year-over-year).
- 2019: Revenue of $90K, expenses of $127K, and assets of $517K (revenue -4.3% year-over-year).
- 2018: Revenue of $94K, expenses of $133K, and assets of $534K (revenue -15.2% year-over-year).
- 2017: Revenue of $111K, expenses of $109K, and assets of $555K (revenue +8.5% year-over-year).
- 2016: Revenue of $103K, expenses of $104K, and assets of $572K (revenue +11.0% year-over-year).
- 2015: Revenue of $92K, expenses of $109K, and assets of $583K (revenue +20.1% year-over-year).
- 2014: Revenue of $77K, expenses of $115K, and assets of $602K (revenue +0.3% year-over-year).
- 2013: Revenue of $77K, expenses of $109K, and assets of $621K (revenue +1.0% year-over-year).
- 2012: Revenue of $76K, expenses of $113K, and assets of $637K (revenue -15.3% year-over-year).
- 2011: Revenue of $90K, expenses of $98K, and assets of $666K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cheneyville Housing Development Corporation:
Data Sources and Methodology
This transparency report for Cheneyville Housing 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.