Eastern Lakes Region Housing Coalition

Eastern Lakes Region Housing Coalition maintains strong asset growth and zero executive compensation, directing funds to mission.

EIN: 203167232 · Wolfeboro, NH · NTEE: L200 · Updated: 2026-03-28

$137KRevenue

$1.1MAssets

95/100Mission Score (Excellent)

L200

About Eastern Lakes Region Housing Coalition

Eastern Lakes Region Housing Coalition (EIN: 203167232) is a nonprofit organization based in Wolfeboro, NH, classified under NTEE code L200. The organization reported total revenue of $137K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eastern Lakes Region Housing Coalition's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Eastern Lakes Region Housing Coalition demonstrates strong financial health and a commendable commitment to its mission, as evidenced by its IRS 990 filings. The organization consistently maintains a healthy asset base, growing from $755,690 in 2020 to $1,115,283 in 2024, indicating sound financial management and stability. Its revenue streams have shown fluctuations but generally support its operational expenses, with the latest reported revenue at $71,123 against expenses of $23,445 in 2024, resulting in a significant surplus that contributes to its asset growth.

The organization exhibits excellent spending efficiency, with a very low proportion of expenses dedicated to administrative and fundraising activities. The absence of officer compensation across all reported periods is a significant indicator of efficiency and a volunteer-driven model, allowing a greater percentage of funds to be directed towards program services. This lean operational structure suggests that the vast majority of its resources are directly applied to its housing initiatives.

Transparency is high, with consistent annual filings and clear financial reporting. The consistent growth in assets relative to liabilities, with assets at $1,115,283 and liabilities at $258,467 in 2024, further underscores its financial prudence and long-term viability. The organization's financial practices appear to be well-managed, prioritizing program delivery and asset building over overhead.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Eastern Lakes Region Housing Coalition 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: 5%
programs: 95%
fundraising: 0%

According to IRS 990 filings, Eastern Lakes Region Housing Coalition allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for an organization with over $1 million in assets.

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 Eastern Lakes Region Housing Coalition:

Zero officer compensation, indicating a volunteer-driven model and high efficiency.
Consistent growth in assets, reaching $1,115,283 in 2024, demonstrating financial stability.
Very low expense ratio relative to revenue, allowing for asset accumulation and program investment.
Strong program focus due to minimal administrative and fundraising overhead.
Healthy financial reserves with assets significantly exceeding liabilities ($1,115,283 assets vs. $258,467 liabilities in 2024).

Frequently Asked Questions about Eastern Lakes Region Housing Coalition

Is Eastern Lakes Region Housing Coalition a good charity?

Based on its financial data, Eastern Lakes Region Housing Coalition appears to be a very good charity. It demonstrates strong financial health with growing assets ($1,115,283 in 2024), extremely low overhead (0% officer compensation), and a high proportion of spending directed towards its mission.

How does the organization manage its expenses?

The organization manages its expenses very efficiently. For example, in 2024, expenses were only $23,445 against revenue of $71,123, indicating a significant surplus. The consistent absence of officer compensation further highlights its lean operational model.

What is the trend in the organization's assets?

The organization's assets have shown a consistent upward trend, growing from $755,690 in 2020 to $1,115,283 in 2024, demonstrating strong financial growth and stability.

Filing History

IRS 990 filing history for Eastern Lakes Region Housing Coalition showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2024), Eastern Lakes Region Housing Coalition's revenue has declined by 89.2%, moving from $661K to $71K. Total assets decreased by 38.7% over the same period, from $1.8M to $1.1M. Total functional expenses rose by 48.7%, from $16K to $23K. In its most recent filing year (2024), Eastern Lakes Region Housing Coalition reported a surplus of $48K, with revenue exceeding expenses. The organization holds $258K in liabilities against $1.1M in assets (debt-to-asset ratio: 23.2%), resulting in net assets of $857K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$71K	$23K	$1.1M	$258K	—	—
2023	$78K	$21K	$1.0M	$248K	—	—
2022	$115K	$42K	$966K	$238K	—	View 990
2021	$107K	$22K	$982K	$229K	—	View 990
2020	$68K	$19K	$756K	$221K	—	View 990
2019	$50K	$9K	$749K	$210K	—	View 990
2018	$53K	$17K	$727K	$208K	—	—
2017	$63K	$34K	$918K	$202K	—	View 990
2016	$60K	$35K	$968K	$215K	—	View 990
2015	$70K	$62K	$954K	$349K	—	View 990
2014	$170K	$432K	$958K	$335K	—	View 990
2013	$109K	$147K	$1.6M	$694K	—	View 990
2012	$467K	$448K	$1.6M	$614K	—	View 990
2011	$661K	$16K	$1.8M	$292K	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $71K, expenses of $23K, and assets of $1.1M (revenue -8.9% year-over-year).
2023: Revenue of $78K, expenses of $21K, and assets of $1.0M (revenue -32.1% year-over-year).
2022: Revenue of $115K, expenses of $42K, and assets of $966K (revenue +7.8% year-over-year).
2021: Revenue of $107K, expenses of $22K, and assets of $982K (revenue +57.6% year-over-year).
2020: Revenue of $68K, expenses of $19K, and assets of $756K (revenue +35.9% year-over-year).
2019: Revenue of $50K, expenses of $9K, and assets of $749K (revenue -6.3% year-over-year).
2018: Revenue of $53K, expenses of $17K, and assets of $727K (revenue -15.5% year-over-year).
2017: Revenue of $63K, expenses of $34K, and assets of $918K (revenue +4.1% year-over-year).
2016: Revenue of $60K, expenses of $35K, and assets of $968K (revenue -13.5% year-over-year).
2015: Revenue of $70K, expenses of $62K, and assets of $954K (revenue -58.9% year-over-year).
2014: Revenue of $170K, expenses of $432K, and assets of $958K (revenue +55.2% year-over-year).
2013: Revenue of $109K, expenses of $147K, and assets of $1.6M (revenue -76.6% year-over-year).
2012: Revenue of $467K, expenses of $448K, and assets of $1.6M (revenue -29.3% year-over-year).
2011: Revenue of $661K, expenses of $16K, and assets of $1.8M.

Data Sources and Methodology

This transparency report for Eastern Lakes Region Housing Coalition 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.