Community Housing Resource Board Of Southern Bergen County Inc
Community Housing Resource Board: Steady Growth, Prudent Spending
EIN: 222451449 · Hackensack, NJ · NTEE: L21Z · Updated: 2026-04-04
About Community Housing Resource Board Of Southern Bergen County Inc
Community Housing Resource Board Of Southern Bergen County Inc (EIN: 222451449) is a nonprofit organization based in Hackensack, NJ, classified under NTEE code L21Z. The organization reported total revenue of $771K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Housing Resource Board Of Southern Bergen County Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Community Housing Resource Board Of Southern Bergen County 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Community Housing Resource Board Of Southern Bergen County Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation cannot be assessed with the provided data, as specific figures for individual salaries are not included in the summary.
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.
Strengths
The following positive indicators were identified for Community Housing Resource Board Of Southern Bergen County Inc:
- Consistent revenue generation and asset growth over the past several years.
- Significant reduction in liabilities, indicating strong financial management and stability.
- Healthy asset base of $1,947,022 as of 2024, providing a solid foundation for operations.
- Positive net assets trend, with assets consistently exceeding liabilities.
Frequently Asked Questions about Community Housing Resource Board Of Southern Bergen County Inc
What does Community Housing Resource Board Of Southern Bergen County Inc do?
Community Housing Resource Board Of Southern Bergen County Inc is a nonprofit organization in the Housing & Shelter sector, located in Hackensack, New Jersey. It is classified under NTEE code L21Z.
How much revenue does Community Housing Resource Board Of Southern Bergen County Inc have?
Community Housing Resource Board Of Southern Bergen County Inc reported total revenue of $770,637. Based on 13 IRS 990 filings on record.
What are Community Housing Resource Board Of Southern Bergen County Inc's total assets?
Community Housing Resource Board Of Southern Bergen County Inc holds total assets of $1,947,022 as reported in IRS 990 filings.
Where is Community Housing Resource Board Of Southern Bergen County Inc located?
Community Housing Resource Board Of Southern Bergen County Inc is based in Hackensack, New Jersey.
What is Community Housing Resource Board Of Southern Bergen County Inc's EIN?
Community Housing Resource Board Of Southern Bergen County Inc's Employer Identification Number (EIN) is 222451449. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Community Housing Resource Board Of Southern Bergen County Inc?
Community Housing Resource Board Of Southern Bergen County Inc is classified under NTEE code L21Z (Housing & Shelter).
Is Community Housing Resource Board Of Southern Bergen County Inc a registered 501(c)(3)?
Yes, Community Housing Resource Board Of Southern Bergen County Inc is recognized as a tax-exempt organization by the IRS. EIN: 222451449.
Does Community Housing Resource Board Of Southern Bergen County Inc file IRS Form 990?
Yes, Community Housing Resource Board Of Southern Bergen County Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202403.
What was Community Housing Resource Board Of Southern Bergen County Inc's revenue in 2024?
In the 202403 filing period, Community Housing Resource Board Of Southern Bergen County Inc reported total revenue of $920,729, total expenses of $449,506, and net assets of $1,741,055.
Is Community Housing Resource Board Of Southern Bergen County Inc's revenue growing or declining?
Community Housing Resource Board Of Southern Bergen County Inc's revenue is growing. Revenue went from $579,203 (202303) to $920,729 (202403), a +59.0% change. Based on 13 filings on record.
What is Community Housing Resource Board Of Southern Bergen County Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Community Housing Resource Board Of Southern Bergen County Inc covers tax period 202403. It shows revenue of $920,729, expenses of $449,506, total assets of $1,741,055, and liabilities of $180,349.
How much does Community Housing Resource Board Of Southern Bergen County Inc spend on programs vs administration?
Based on IRS 990 analysis, Community Housing Resource Board Of Southern Bergen County Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Community Housing Resource Board Of Southern Bergen County Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Community Housing Resource Board Of Southern Bergen County Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Community Housing Resource Board Of Southern Bergen County Inc's strengths?
Positive indicators for Community Housing Resource Board Of Southern Bergen County Inc include: Consistent revenue generation and asset growth over the past several years.. Significant reduction in liabilities, indicating strong financial management and stability.. Healthy asset base of $1,947,022 as of 2024, providing a solid foundation for operations.. Positive net assets trend, with assets consistently exceeding liabilities.. These findings are derived from AI analysis of the organization's financial filings.
How does Community Housing Resource Board Of Southern Bergen County Inc compensate executives?
Executive compensation cannot be assessed with the provided data, as specific figures for individual salaries are not included in the summary. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Community Housing Resource Board Of Southern Bergen County Inc?
- Financial statements are consistently available and show clear trends over time. - The organization's liabilities have decreased significantly from $769,062 in 2017 to $180,349 in 2024. - Compensation details are not explicitly broken down in the provided summary data, requiring deeper filing review. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How has the organization managed to significantly reduce its liabilities from $769,062 in 2017 to $180,349 in 2024, and what specific strategies were employed?
The provided data shows a consistent decrease in liabilities over the years. This could be due to successful debt repayment, favorable refinancing, or a shift in operational funding that reduces reliance on borrowed capital. A detailed review of their Form 990 filings would be necessary to identify the specific strategies and types of liabilities reduced.
Given the consistent revenue and asset growth, what are the primary drivers of the organization's income, and how diversified are these funding sources?
While the data indicates revenue growth from $499,842 in 2017 to $920,729 in 2024, the specific sources of this revenue (e.g., grants, donations, program service fees) are not detailed. Understanding the diversification of funding sources is crucial for assessing long-term financial resilience, as over-reliance on a single source can pose risks.
Filing History
IRS 990 filing history for Community Housing Resource Board Of Southern Bergen County Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Community Housing Resource Board Of Southern Bergen County Inc's revenue has grown by 89.2%, moving from $487K to $921K. Total assets decreased by 21.5% over the same period, from $2.2M to $1.7M. Total functional expenses rose by 0.3%, from $448K to $450K. In its most recent filing year (2024), Community Housing Resource Board Of Southern Bergen County Inc reported a surplus of $471K, with revenue exceeding expenses. The organization holds $180K in liabilities against $1.7M in assets (debt-to-asset ratio: 10.4%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $921K | $450K | $1.7M | $180K | — | View 990 |
| 2023 | $579K | $442K | $1.4M | $273K | — | — |
| 2022 | $516K | $407K | $1.3M | $397K | — | View 990 |
| 2021 | $535K | $418K | $1.3M | $454K | — | — |
| 2020 | $499K | $476K | $1.2M | $520K | — | View 990 |
| 2019 | $484K | $470K | $1.3M | $597K | — | View 990 |
| 2018 | $497K | $423K | $1.4M | $680K | — | View 990 |
| 2017 | $500K | $414K | $1.4M | $769K | — | View 990 |
| 2016 | $503K | $438K | $1.4M | $865K | — | View 990 |
| 2015 | $501K | $454K | $1.4M | $951K | — | View 990 |
| 2014 | $498K | $801K | $1.5M | $1.1M | — | View 990 |
| 2013 | $475K | $444K | $1.8M | $1.1M | — | View 990 |
| 2012 | $487K | $448K | $2.2M | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $921K, expenses of $450K, and assets of $1.7M (revenue +59.0% year-over-year).
- 2023: Revenue of $579K, expenses of $442K, and assets of $1.4M (revenue +12.2% year-over-year).
- 2022: Revenue of $516K, expenses of $407K, and assets of $1.3M (revenue -3.6% year-over-year).
- 2021: Revenue of $535K, expenses of $418K, and assets of $1.3M (revenue +7.3% year-over-year).
- 2020: Revenue of $499K, expenses of $476K, and assets of $1.2M (revenue +3.2% year-over-year).
- 2019: Revenue of $484K, expenses of $470K, and assets of $1.3M (revenue -2.8% year-over-year).
- 2018: Revenue of $497K, expenses of $423K, and assets of $1.4M (revenue -0.5% year-over-year).
- 2017: Revenue of $500K, expenses of $414K, and assets of $1.4M (revenue -0.6% year-over-year).
- 2016: Revenue of $503K, expenses of $438K, and assets of $1.4M (revenue +0.4% year-over-year).
- 2015: Revenue of $501K, expenses of $454K, and assets of $1.4M (revenue +0.6% year-over-year).
- 2014: Revenue of $498K, expenses of $801K, and assets of $1.5M (revenue +4.9% year-over-year).
- 2013: Revenue of $475K, expenses of $444K, and assets of $1.8M (revenue -2.4% year-over-year).
- 2012: Revenue of $487K, expenses of $448K, and assets of $2.2M.
Data Sources and Methodology
This transparency report for Community Housing Resource Board Of Southern Bergen 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.