Clinton Housing Development Company Inc
Clinton Housing Development Company Inc maintains substantial assets with consistent revenue and expenses, reporting no officer compensation.
EIN: 132851988 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.5M |
| Total Expenses | $6.8M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $100 |
| Net Assets | $38.6M |
| Transparency Score | 85/100 |
Is Clinton Housing Development Company Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Clinton Housing Development Company Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Clinton Housing Development Company Inc
Clinton Housing Development Company Inc (EIN: 132851988) is a nonprofit organization based in New York, NY. The organization reported total revenue of $7.5M and total assets of $129.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Clinton Housing Development Company Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Clinton Housing Development Company Inc is a mid-size nonprofit that has been operating for 48 years, with 13 years of IRS 990 filings on record (2010–2022). Revenue has grown at a compound annual rate of 10.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.7M |
| Total Expenses | $6.8M |
| Surplus / Deficit | $-65,561 |
| Total Assets | $133.3M |
| Total Liabilities | $94.7M |
| Net Assets | $38.6M |
| Operating Margin | -1.0% |
| Debt-to-Asset Ratio | 71.0% |
| Months of Reserves | 235.1 months |
Financial Health Grade: C
In 2022, Clinton Housing Development Company Inc reported a deficit of $66K with expenses exceeding revenue, holds 235.1 months of operating reserves (strong position), has a debt-to-asset ratio of 71.0% (high leverage).
Financial Trends
Over 13 years of filings (2010–2022), Clinton Housing Development Company Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +2.8% | +6.7% | -0.9% |
| 2021 | -17.1% | +18.4% | -0.9% |
| 2020 | +91.4% | +40.2% | +1.4% |
| 2019 | -37.6% | +33.0% | -8.2% |
| 2018 | +102.1% | +4.2% | +21.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Clinton Housing Development Company 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: 15%
- programs: 85%
- fundraising: 0%
According to IRS 990 filings, Clinton Housing Development Company Inc allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $66K, with expenses exceeding revenue.
- Debt-to-asset ratio: 71.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with assets exceeding $100 million. This could indicate a volunteer-led executive team or that compensation is structured in a way not captured under 'Officer Comp' in the provided data.
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 Clinton Housing Development Company Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and could indicate compensation is not fully transparent or reported elsewhere.
Strengths
The following positive indicators were identified for Clinton Housing Development Company Inc:
- Strong asset base, consistently over $100 million in recent years, indicating long-term financial stability.
- Revenues generally align with expenses, demonstrating responsible financial management.
- No reported officer compensation across all filings, potentially indicating high efficiency in leadership costs or volunteer leadership.
Frequently Asked Questions about Clinton Housing Development Company Inc
Is Clinton Housing Development Company Inc a legitimate charity?
Clinton Housing Development Company Inc (EIN: 132851988) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $7.5M. 1 red flag identified. 3 strengths noted. Financial health grade: C.
How does Clinton Housing Development Company Inc spend its money?
Clinton Housing Development Company Inc directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Clinton Housing Development Company Inc tax-deductible?
Clinton Housing Development Company Inc is registered as a tax-exempt nonprofit (EIN: 132851988). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Clinton Housing Development Company Inc CEO make?
Clinton Housing Development Company Inc's highest-compensated officer earns $100 annually. The organization reported $7.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Clinton Housing Development Company Inc located?
Clinton Housing Development Company Inc is headquartered in New York, New York and files with the IRS under EIN 132851988.
How many years of IRS 990 filings does Clinton Housing Development Company Inc have?
Clinton Housing Development Company Inc 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 $7.5M in total revenue.
Is Clinton Housing Development Company Inc a good charity?
Based on the available data, the organization appears financially stable with substantial assets and consistent revenue. The absence of reported officer compensation is a unique characteristic that could be viewed positively for resource allocation, but also warrants further investigation into how leadership is compensated.
How does Clinton Housing Development Company Inc manage its executive compensation?
The provided IRS 990 data consistently shows 0% officer compensation for all available periods. This suggests either a volunteer executive leadership or that executive compensation is reported under different categories or through related entities not detailed in this summary.
What is the trend in Clinton Housing Development Company Inc's assets and liabilities?
The organization has maintained a strong asset base, consistently over $100 million in recent years (e.g., $133,253,863 in 2022), significantly exceeding its liabilities (e.g., $94,666,719 in 2022). This indicates a healthy balance sheet and strong financial position.
Filing History
IRS 990 filing history for Clinton Housing Development Company Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2022), Clinton Housing Development Company Inc's revenue has grown by 220.2%, moving from $2.1M to $6.7M. Total assets increased by 14772.2% over the same period, from $896K to $133.3M. Total functional expenses rose by 238.3%, from $2.0M to $6.8M. In its most recent filing year (2022), Clinton Housing Development Company Inc reported a deficit of $66K, with expenses exceeding revenue. The organization holds $94.7M in liabilities against $133.3M in assets (debt-to-asset ratio: 71.0%), resulting in net assets of $38.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $6.7M | $6.8M | $133.3M | $94.7M | — | View 990 |
| 2021 | $6.5M | $6.4M | $134.5M | $95.9M | — | View 990 |
| 2020 | $7.9M | $5.4M | $135.8M | $95.8M | — | View 990 |
| 2019 | $4.1M | $3.8M | $133.8M | $96.4M | — | View 990 |
| 2018 | $6.6M | $2.9M | $145.9M | $100.8M | — | View 990 |
| 2017 | $3.3M | $2.8M | $120.3M | $79.0M | — | View 990 |
| 2016 | $3.1M | $2.7M | $107.8M | $67.0M | — | View 990 |
| 2015 | $34.6M | $2.5M | $16.0M | $1.3M | — | View 990 |
| 2014 | $2.5M | $2.4M | $3.4M | $2.5M | — | View 990 |
| 2013 | $2.6M | $2.3M | $1.8M | $920K | — | View 990 |
| 2012 | $2.3M | $2.0M | $1.6M | $1.0M | — | View 990 |
| 2011 | $2.0M | $1.7M | $1.3M | $973K | — | View 990 |
| 2010 | $2.1M | $2.0M | $896K | $835K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $6.7M, expenses of $6.8M, and assets of $133.3M (revenue +2.8% year-over-year).
- 2021: Revenue of $6.5M, expenses of $6.4M, and assets of $134.5M (revenue -17.1% year-over-year).
- 2020: Revenue of $7.9M, expenses of $5.4M, and assets of $135.8M (revenue +91.4% year-over-year).
- 2019: Revenue of $4.1M, expenses of $3.8M, and assets of $133.8M (revenue -37.6% year-over-year).
- 2018: Revenue of $6.6M, expenses of $2.9M, and assets of $145.9M (revenue +102.1% year-over-year).
- 2017: Revenue of $3.3M, expenses of $2.8M, and assets of $120.3M (revenue +6.2% year-over-year).
- 2016: Revenue of $3.1M, expenses of $2.7M, and assets of $107.8M (revenue -91.1% year-over-year).
- 2015: Revenue of $34.6M, expenses of $2.5M, and assets of $16.0M (revenue +1305.8% year-over-year).
- 2014: Revenue of $2.5M, expenses of $2.4M, and assets of $3.4M (revenue -5.9% year-over-year).
- 2013: Revenue of $2.6M, expenses of $2.3M, and assets of $1.8M (revenue +14.4% year-over-year).
- 2012: Revenue of $2.3M, expenses of $2.0M, and assets of $1.6M (revenue +15.8% year-over-year).
- 2011: Revenue of $2.0M, expenses of $1.7M, and assets of $1.3M (revenue -6.1% year-over-year).
- 2010: Revenue of $2.1M, expenses of $2.0M, and assets of $896K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Clinton Housing Development Company Inc:
Data Sources and Methodology
This transparency report for Clinton Housing Development Company 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.