Community Housing Coalition Of Madison County Inc
Community Housing Coalition Of Madison County Inc shows consistent financial growth and no reported officer compensation.
EIN: 113660564 · Marshall, NC · NTEE: L80 · Updated: 2026-03-28
Is Community Housing Coalition Of Madison County Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Community Housing Coalition Of Madison County Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Community Housing Coalition Of Madison County Inc
Community Housing Coalition Of Madison County Inc (EIN: 113660564) is a nonprofit organization based in Marshall, NC, classified under NTEE code L80. The organization reported total revenue of $3.5M and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Housing Coalition Of Madison County Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Community Housing Coalition Of Madison County Inc is a mid-size nonprofit that has been operating for 23 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$161K |
| Total Assets | $1.7M |
| Total Liabilities | $685K |
| Net Assets | $974K |
| Operating Margin | 10.9% |
| Debt-to-Asset Ratio | 41.3% |
| Months of Reserves | 15.1 months |
Financial Health Grade: A
In 2023, Community Housing Coalition Of Madison County Inc reported a surplus of $161K with revenue exceeding expenses, holds 15.1 months of operating reserves (strong position), has a debt-to-asset ratio of 41.3% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2023), Community Housing Coalition Of Madison County Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.8% | +16.8% | +29.2% |
| 2022 | +12.3% | +29.4% | +103.7% |
| 2021 | +15.1% | +11.1% | +49.4% |
| 2020 | +86.6% | +50.7% | +50.9% |
| 2019 | +18.2% | +27.9% | +99.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Community Housing Coalition Of Madison County Inc with a Mission Score of 92 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, Community Housing Coalition Of Madison County Inc 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 $161K, with revenue exceeding expenses.
- Debt-to-asset ratio: 41.3%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through other means not categorized as officer compensation, which is highly unusual for an organization of its size with latest revenue of $3,466,921.
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 Community Housing Coalition Of Madison County Inc's IRS 990 filings:
- No reported officer compensation, which could indicate compensation is reported under other categories or that leadership is entirely volunteer, which is unusual for an organization of this scale.
Strengths
The following positive indicators were identified for Community Housing Coalition Of Madison County Inc:
- Consistent and significant revenue growth, from $131,963 in 2015 to $1,478,013 in 2023.
- Healthy asset accumulation, growing from $117,196 in 2015 to $1,659,196 in 2023.
- Expenses consistently below revenue, indicating strong financial management and sustainability.
- Zero reported officer compensation across all filings, suggesting a high dedication of funds to programs.
- Positive net assets and low liabilities relative to assets, indicating financial stability.
Frequently Asked Questions about Community Housing Coalition Of Madison County Inc
Is Community Housing Coalition Of Madison County Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Community Housing Coalition Of Madison County Inc (EIN: 113660564) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Community Housing Coalition Of Madison County Inc spend its money?
Community Housing Coalition Of Madison County Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Community Housing Coalition Of Madison County Inc tax-deductible?
Community Housing Coalition Of Madison County Inc is registered as a tax-exempt nonprofit (EIN: 113660564). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Community Housing Coalition Of Madison County Inc a good charity?
Based on its strong financial growth, consistent revenue exceeding expenses, and zero reported officer compensation, the organization appears to be a very good charity, efficiently managing its resources for its mission.
How has the organization's financial health changed over time?
The organization has experienced significant financial growth, with revenue increasing from $131,963 in 2015 to $1,478,013 in 2023, and assets growing from $117,196 to $1,659,196 in the same period, indicating robust financial health.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, suggesting a highly lean approach to executive pay, with resources seemingly directed entirely towards programmatic activities.
Filing History
IRS 990 filing history for Community Housing Coalition Of Madison County Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Community Housing Coalition Of Madison County Inc's revenue has grown by 438.5%, moving from $274K to $1.5M. Total assets increased by 9210.9% over the same period, from $18K to $1.7M. Total functional expenses rose by 382%, from $273K to $1.3M. In its most recent filing year (2023), Community Housing Coalition Of Madison County Inc reported a surplus of $161K, with revenue exceeding expenses. The organization holds $685K in liabilities against $1.7M in assets (debt-to-asset ratio: 41.3%), resulting in net assets of $974K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.3M | $1.7M | $685K | — | View 990 |
| 2022 | $1.2M | $1.1M | $1.3M | $641K | — | View 990 |
| 2021 | $1.1M | $871K | $630K | $84K | — | View 990 |
| 2020 | $946K | $784K | $422K | $94K | — | View 990 |
| 2019 | $507K | $521K | $280K | $165K | — | View 990 |
| 2018 | $429K | $407K | $140K | $13K | — | View 990 |
| 2017 | $374K | $378K | $111K | $5K | — | View 990 |
| 2016 | $346K | $360K | $112K | $10K | — | View 990 |
| 2015 | $132K | $119K | $117K | $2K | — | View 990 |
| 2015 | $258K | $221K | $104K | $2K | — | View 990 |
| 2014 | $193K | $169K | $66K | $0 | — | View 990 |
| 2013 | $157K | $169K | $42K | $362 | — | View 990 |
| 2012 | $346K | $310K | $54K | $0 | — | View 990 |
| 2011 | $274K | $273K | $18K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.3M, and assets of $1.7M (revenue +20.8% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.1M, and assets of $1.3M (revenue +12.3% year-over-year).
- 2021: Revenue of $1.1M, expenses of $871K, and assets of $630K (revenue +15.1% year-over-year).
- 2020: Revenue of $946K, expenses of $784K, and assets of $422K (revenue +86.6% year-over-year).
- 2019: Revenue of $507K, expenses of $521K, and assets of $280K (revenue +18.2% year-over-year).
- 2018: Revenue of $429K, expenses of $407K, and assets of $140K (revenue +14.7% year-over-year).
- 2017: Revenue of $374K, expenses of $378K, and assets of $111K (revenue +8.0% year-over-year).
- 2016: Revenue of $346K, expenses of $360K, and assets of $112K (revenue +162.4% year-over-year).
- 2015: Revenue of $132K, expenses of $119K, and assets of $117K (revenue -48.8% year-over-year).
- 2015: Revenue of $258K, expenses of $221K, and assets of $104K (revenue +33.2% year-over-year).
- 2014: Revenue of $193K, expenses of $169K, and assets of $66K (revenue +23.3% year-over-year).
- 2013: Revenue of $157K, expenses of $169K, and assets of $42K (revenue -54.8% year-over-year).
- 2012: Revenue of $346K, expenses of $310K, and assets of $54K (revenue +26.2% year-over-year).
- 2011: Revenue of $274K, expenses of $273K, and assets of $18K.
Data Sources and Methodology
This transparency report for Community Housing Coalition Of Madison County 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.