Choctaw Poteau Properties Inc

Choctaw Poteau Properties Inc. consistently operates at a deficit while maintaining over $1 million in assets and reporting no officer compensation.

EIN: 201465211 · Hugo, OK · NTEE: L22 · Updated: 2026-03-28

$126KRevenue

$1.1MAssets

75/100Mission Score (Good)

L22

About Choctaw Poteau Properties Inc

Choctaw Poteau Properties Inc (EIN: 201465211) is a nonprofit organization based in Hugo, OK, classified under NTEE code L22. The organization reported total revenue of $126K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Choctaw Poteau Properties Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Choctaw Poteau Properties Inc. appears to be a financially stable organization, consistently maintaining over $1 million in assets, with current assets at $1,065,758. However, the organization has frequently operated at a deficit, with expenses exceeding revenue in most recent periods, such as in 202309 where expenses were $147,947 against revenues of $122,937. This trend of spending more than it earns could indicate reliance on accumulated assets or other non-operating income sources, which isn't explicitly detailed in the provided data. The consistent reporting of 0% officer compensation across all filings suggests a volunteer-led or very lean administrative structure, which is a positive indicator for donor confidence regarding executive pay.

Regarding spending efficiency, without a detailed breakdown of program vs. administrative expenses, it's challenging to fully assess. However, the consistent lack of officer compensation is a strong positive. The organization's liabilities have remained relatively low, with the highest recent liability being $49,756 in 202109, indicating good financial management in terms of debt. The NTEE code L22 (Housing Development, Construction & Management) suggests its activities are likely asset-intensive, which aligns with its substantial asset base.

Transparency is generally good given the consistent filing of IRS Form 990s over 13 periods. The absence of officer compensation is a transparent and positive financial practice. However, without more granular expense data, it's difficult to fully evaluate the efficiency of its program spending. The consistent asset base, despite operating deficits, suggests careful management of its resources, likely property-related given its NTEE code.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Choctaw Poteau Properties Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 20%
programs: 80%
fundraising: 0%

According to IRS 990 filings, Choctaw Poteau Properties Inc allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that officers are not compensated, which is highly favorable for an organization of its size with over $1 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 Choctaw Poteau Properties Inc's IRS 990 filings:

Consistent operating deficits (expenses frequently exceed revenue, e.g., $147,947 expenses vs. $122,937 revenue in 202309) could indicate unsustainable spending without external support or asset drawdowns.
Lack of detailed expense breakdown makes it difficult to fully assess program efficiency.

Strengths

The following positive indicators were identified for Choctaw Poteau Properties Inc:

Strong asset base (consistently over $1 million, currently $1,065,758) provides financial stability.
0% officer compensation across all filings demonstrates excellent financial stewardship regarding executive pay.
Consistent IRS 990 filing history (13 filings) indicates good transparency and compliance.
Relatively low liabilities compared to assets, indicating sound financial management (e.g., $19,069 liabilities vs. $1,121,363 assets in 202309).

Frequently Asked Questions about Choctaw Poteau Properties Inc

How does Choctaw Poteau Properties Inc. cover its consistent operating deficits?

The provided data shows that in most periods, expenses exceed revenue (e.g., 202309: Revenue $122,937, Expenses $147,947). This suggests the organization may be drawing from its substantial asset base, utilizing investment income, or receiving other non-operating contributions not detailed in the summary revenue figures to cover the difference.

What is the specific nature of the organization's program activities given its NTEE code L22?

The NTEE code L22 indicates 'Housing Development, Construction & Management'. This suggests the organization's primary activities involve developing, constructing, or managing housing, likely for specific community benefit, which aligns with its significant asset base of over $1 million.

What is the breakdown of expenses between program services and administrative costs?

The provided data does not offer a detailed breakdown of expenses into program, administrative, or fundraising categories. However, the consistent 0% officer compensation suggests administrative overhead related to executive salaries is non-existent, which is a positive indicator for efficiency.

Filing History

IRS 990 filing history for Choctaw Poteau Properties Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Choctaw Poteau Properties Inc's revenue has grown by 6%, moving from $116K to $123K. Total assets decreased by 25.2% over the same period, from $1.5M to $1.1M. Total functional expenses rose by 0%, from $148K to $148K. In its most recent filing year (2023), Choctaw Poteau Properties Inc reported a deficit of $25K, with expenses exceeding revenue. The organization holds $19K in liabilities against $1.1M in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $1.1M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$123K	$148K	$1.1M	$19K	—	—
2022	$159K	$151K	$1.1M	$13K	—	—
2021	$121K	$173K	$1.2M	$50K	—	View 990
2020	$116K	$116K	$1.2M	$15K	—	—
2019	$119K	$148K	$1.2M	$9K	—	View 990
2018	$117K	$130K	$1.2M	$12K	—	View 990
2017	$118K	$154K	$1.2M	$16K	—	View 990
2016	$117K	$144K	$1.3M	$30K	—	View 990
2015	$117K	$293K	$1.5M	$173K	—	View 990
2014	$116K	$128K	$1.5M	$11K	—	View 990
2013	$116K	$121K	$1.5M	$22K	—	View 990
2012	$116K	$135K	$1.5M	$7K	—	View 990
2011	$116K	$148K	$1.5M	$8K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $123K, expenses of $148K, and assets of $1.1M (revenue -22.5% year-over-year).
2022: Revenue of $159K, expenses of $151K, and assets of $1.1M (revenue +31.0% year-over-year).
2021: Revenue of $121K, expenses of $173K, and assets of $1.2M (revenue +4.0% year-over-year).
2020: Revenue of $116K, expenses of $116K, and assets of $1.2M (revenue -1.9% year-over-year).
2019: Revenue of $119K, expenses of $148K, and assets of $1.2M (revenue +1.4% year-over-year).
2018: Revenue of $117K, expenses of $130K, and assets of $1.2M (revenue -0.8% year-over-year).
2017: Revenue of $118K, expenses of $154K, and assets of $1.2M (revenue +0.6% year-over-year).
2016: Revenue of $117K, expenses of $144K, and assets of $1.3M (revenue +0.3% year-over-year).
2015: Revenue of $117K, expenses of $293K, and assets of $1.5M (revenue +0.9% year-over-year).
2014: Revenue of $116K, expenses of $128K, and assets of $1.5M (revenue -0.2% year-over-year).
2013: Revenue of $116K, expenses of $121K, and assets of $1.5M (revenue +0.1% year-over-year).
2012: Revenue of $116K, expenses of $135K, and assets of $1.5M (revenue +-0.0% year-over-year).
2011: Revenue of $116K, expenses of $148K, and assets of $1.5M.

Data Sources and Methodology

This transparency report for Choctaw Poteau Properties 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.