Diversified Housing Development Inc
Diversified Housing Development Inc. consistently reports zero officer compensation amidst fluctuating but growing revenues.
EIN: 20622034 · Windsor Mill, MD · NTEE: L25 · Updated: 2026-03-28
About Diversified Housing Development Inc
Diversified Housing Development Inc (EIN: 20622034) is a nonprofit organization based in Windsor Mill, MD, classified under NTEE code L25. The organization reported total revenue of $853K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Diversified Housing Development 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 Diversified Housing Development Inc with a Mission Score of 90 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, Diversified Housing Development 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.
Executive Compensation Analysis
Diversified Housing Development Inc. consistently reports 0% officer compensation across all available filings, which is exceptional for an organization of its size with revenues exceeding $1 million in its latest period. This indicates a strong commitment to directing all available funds towards its mission rather than executive salaries.
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 Diversified Housing Development Inc:
- Consistent 0% officer compensation across all filings, indicating high efficiency and mission focus.
- Positive net income in most recent years (e.g., $96,388 in 2023, $185,671 in 2022), demonstrating financial stability.
- Growing revenue trend, particularly from $316,131 in 2020 to $1,208,401 in 2023, showing increased capacity.
- Healthy and growing asset base, reaching $1,450,989 in 2023, providing financial resilience.
- Clear alignment between organization name, NTEE code (L25 - Housing Development), and implied mission.
Frequently Asked Questions about Diversified Housing Development Inc
Is Diversified Housing Development Inc. a good charity?
Based on the available data, particularly the consistent 0% officer compensation and generally positive financial trends, Diversified Housing Development Inc. appears to be a well-managed and mission-focused organization. Its financial health, as evidenced by growing assets and positive net income in most years, suggests effective operations.
How has the organization's revenue trended over time?
The organization's revenue has shown significant fluctuation but an overall upward trend, growing from $316,131 in 2020 to $1,208,401 in 2023, indicating substantial growth in recent years.
What is the organization's approach to executive compensation?
Diversified Housing Development Inc. reports 0% officer compensation in all available filings, indicating that no salaries are paid to its officers, which is a highly efficient and transparent practice.
Are the organization's assets growing?
Yes, the organization's assets have generally grown over the past decade, from $1,036,913 in 2014 to $1,450,989 in 2023, with a peak of $1,641,369 in 2022, demonstrating financial stability and growth.
Filing History
IRS 990 filing history for Diversified Housing Development Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Diversified Housing Development Inc's revenue has declined by 19.4%, moving from $1.5M to $1.2M. Total assets increased by 178.9% over the same period, from $520K to $1.5M. Total functional expenses fell by 21.1%, from $1.4M to $1.1M. In its most recent filing year (2023), Diversified Housing Development Inc reported a surplus of $96K, with revenue exceeding expenses. The organization holds $433K in liabilities against $1.5M in assets (debt-to-asset ratio: 29.8%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.1M | $1.5M | $433K | — | — |
| 2022 | $832K | $646K | $1.6M | $713K | — | View 990 |
| 2021 | $548K | $591K | $1.5M | $749K | — | View 990 |
| 2020 | $316K | $304K | $1.4M | $613K | — | View 990 |
| 2019 | $611K | $501K | $1.4M | $627K | — | View 990 |
| 2018 | $512K | $352K | $1.4M | $813K | — | View 990 |
| 2017 | $555K | $477K | $1.2M | $647K | — | View 990 |
| 2016 | $552K | $512K | $1.2M | $719K | — | View 990 |
| 2015 | $747K | $705K | $1.2M | $698K | — | View 990 |
| 2014 | $639K | $649K | $1.0M | $613K | — | View 990 |
| 2013 | $1.3M | $1.0M | $967K | $648K | — | View 990 |
| 2012 | $893K | $887K | $943K | $727K | — | View 990 |
| 2011 | $1.5M | $1.4M | $520K | $364K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.1M, and assets of $1.5M (revenue +45.3% year-over-year).
- 2022: Revenue of $832K, expenses of $646K, and assets of $1.6M (revenue +51.7% year-over-year).
- 2021: Revenue of $548K, expenses of $591K, and assets of $1.5M (revenue +73.4% year-over-year).
- 2020: Revenue of $316K, expenses of $304K, and assets of $1.4M (revenue -48.3% year-over-year).
- 2019: Revenue of $611K, expenses of $501K, and assets of $1.4M (revenue +19.5% year-over-year).
- 2018: Revenue of $512K, expenses of $352K, and assets of $1.4M (revenue -7.9% year-over-year).
- 2017: Revenue of $555K, expenses of $477K, and assets of $1.2M (revenue +0.7% year-over-year).
- 2016: Revenue of $552K, expenses of $512K, and assets of $1.2M (revenue -26.2% year-over-year).
- 2015: Revenue of $747K, expenses of $705K, and assets of $1.2M (revenue +16.9% year-over-year).
- 2014: Revenue of $639K, expenses of $649K, and assets of $1.0M (revenue -48.9% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.0M, and assets of $967K (revenue +40.1% year-over-year).
- 2012: Revenue of $893K, expenses of $887K, and assets of $943K (revenue -40.5% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.4M, and assets of $520K.
Data Sources and Methodology
This transparency report for Diversified Housing Development 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.