Contoocook Housing Trust
Contoocook Housing Trust maintains consistent financial health with no reported officer compensation.
EIN: 20444364 · Lyman, SC · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $637K |
| Total Expenses | $554K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $600,000 |
| Net Assets | $1.8M |
| Transparency Score | 95/100 |
Is Contoocook Housing Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Contoocook Housing Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Contoocook Housing Trust
Contoocook Housing Trust (EIN: 20444364) is a nonprofit organization based in Lyman, SC. The organization reported total revenue of $637K and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Contoocook Housing Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Contoocook Housing Trust is a small nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $616K |
| Total Expenses | $554K |
| Surplus / Deficit | +$62K |
| Total Assets | $2.3M |
| Total Liabilities | $474K |
| Net Assets | $1.8M |
| Operating Margin | 10.0% |
| Debt-to-Asset Ratio | 20.9% |
| Months of Reserves | 49.0 months |
Financial Health Grade: A
In 2023, Contoocook Housing Trust reported a surplus of $62K with revenue exceeding expenses, holds 49.0 months of operating reserves (strong position), has a debt-to-asset ratio of 20.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Contoocook Housing Trust's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.3% | +9.2% | -3.1% |
| 2022 | +2.4% | +5.7% | +0.8% |
| 2021 | -2.4% | -3.2% | +4.0% |
| 2020 | +6.1% | -4.8% | +3.4% |
| 2019 | +2.0% | +6.7% | -0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
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 Contoocook Housing Trust with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Contoocook Housing Trust allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 $62K, with revenue exceeding expenses.
- Debt-to-asset ratio: 20.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries were paid to officers, which is highly unusual for an organization with over $600,000 in annual revenue and $2 million in assets. This suggests either a volunteer-led executive team or that compensation is categorized differently, but as reported, it implies a very lean administrative structure at the top.
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 Contoocook Housing Trust's IRS 990 filings:
- Lack of detailed program vs. administrative spending breakdown in provided data (though 0% officer comp is positive, full breakdown would be ideal)
Strengths
The following positive indicators were identified for Contoocook Housing Trust:
- Consistent revenue growth (from $514,042 in 2014 to $616,299 in 2023)
- Healthy asset growth and strong asset-to-liability ratio (assets $2,265,334 vs. liabilities $473,688 in 2023)
- 0% reported officer compensation across all filings, indicating high resource allocation to mission
- Expenses consistently below revenue, leading to asset accumulation
- Long history of consistent IRS 990 filings (13 filings)
Frequently Asked Questions about Contoocook Housing Trust
Is Contoocook Housing Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Contoocook Housing Trust (EIN: 20444364) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Contoocook Housing Trust spend its money?
Contoocook Housing Trust directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Contoocook Housing Trust tax-deductible?
Contoocook Housing Trust is registered as a tax-exempt nonprofit (EIN: 20444364). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Contoocook Housing Trust CEO make?
Contoocook Housing Trust's highest-compensated officer earns $600,000 annually. The organization reported $637K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Contoocook Housing Trust located?
Contoocook Housing Trust is headquartered in Lyman, South Carolina and files with the IRS under EIN 20444364.
How many years of IRS 990 filings does Contoocook Housing Trust have?
Contoocook Housing Trust 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 $637K in total revenue.
Is Contoocook Housing Trust a good charity?
Based on the provided financial data, Contoocook Housing Trust appears to be a very good charity. It demonstrates consistent financial stability, growth in assets, and notably, reports 0% officer compensation, suggesting a strong dedication of resources to its mission.
How has Contoocook Housing Trust's financial health changed over the last decade?
Contoocook Housing Trust has shown consistent financial growth and stability over the last decade. Revenue has steadily increased from $514,042 in 2014 to $616,299 in 2023, and assets have grown from $2,001,240 to $2,265,334 in the same period, while liabilities have decreased significantly from $831,265 to $473,688.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings, indicating that no salaries are paid to its officers. This is a highly unusual and positive indicator for a nonprofit of this size, suggesting a volunteer-driven leadership or alternative compensation structures not reported as officer salaries.
Filing History
IRS 990 filing history for Contoocook Housing Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Contoocook Housing Trust's revenue has grown by 24.9%, moving from $494K to $616K. Total assets increased by 18.6% over the same period, from $1.9M to $2.3M. Total functional expenses rose by 26.6%, from $438K to $554K. In its most recent filing year (2023), Contoocook Housing Trust reported a surplus of $62K, with revenue exceeding expenses. The organization holds $474K in liabilities against $2.3M in assets (debt-to-asset ratio: 20.9%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $616K | $554K | $2.3M | $474K | — | — |
| 2022 | $591K | $508K | $2.3M | $635K | — | — |
| 2021 | $577K | $480K | $2.3M | $656K | — | View 990 |
| 2020 | $591K | $496K | $2.2M | $663K | — | View 990 |
| 2019 | $557K | $521K | $2.2M | $697K | — | View 990 |
| 2018 | $546K | $488K | $2.2M | $734K | — | View 990 |
| 2017 | $536K | $466K | $2.1M | $762K | — | View 990 |
| 2016 | $528K | $462K | $2.1M | $791K | — | View 990 |
| 2015 | $525K | $463K | $2.0M | $800K | — | View 990 |
| 2014 | $514K | $487K | $2.0M | $831K | — | View 990 |
| 2013 | $516K | $476K | $2.0M | $844K | — | View 990 |
| 2012 | $516K | $440K | $2.0M | $861K | — | View 990 |
| 2011 | $494K | $438K | $1.9M | $887K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $616K, expenses of $554K, and assets of $2.3M (revenue +4.3% year-over-year).
- 2022: Revenue of $591K, expenses of $508K, and assets of $2.3M (revenue +2.4% year-over-year).
- 2021: Revenue of $577K, expenses of $480K, and assets of $2.3M (revenue -2.4% year-over-year).
- 2020: Revenue of $591K, expenses of $496K, and assets of $2.2M (revenue +6.1% year-over-year).
- 2019: Revenue of $557K, expenses of $521K, and assets of $2.2M (revenue +2.0% year-over-year).
- 2018: Revenue of $546K, expenses of $488K, and assets of $2.2M (revenue +1.8% year-over-year).
- 2017: Revenue of $536K, expenses of $466K, and assets of $2.1M (revenue +1.6% year-over-year).
- 2016: Revenue of $528K, expenses of $462K, and assets of $2.1M (revenue +0.6% year-over-year).
- 2015: Revenue of $525K, expenses of $463K, and assets of $2.0M (revenue +2.1% year-over-year).
- 2014: Revenue of $514K, expenses of $487K, and assets of $2.0M (revenue -0.4% year-over-year).
- 2013: Revenue of $516K, expenses of $476K, and assets of $2.0M (revenue +-0.0% year-over-year).
- 2012: Revenue of $516K, expenses of $440K, and assets of $2.0M (revenue +4.6% year-over-year).
- 2011: Revenue of $494K, expenses of $438K, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Contoocook Housing Trust:
Data Sources and Methodology
This transparency report for Contoocook Housing Trust 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.