Hazelton Housing Development Corporation
EIN: 237176828 · Mandan, ND
| Metric | Value |
|---|---|
| Total Expenses | $41K |
| Net Assets | $233K |
Is Hazelton Housing Development Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hazelton Housing Development Corporation
Hazelton Housing Development Corporation (EIN: 237176828) is a nonprofit organization based in Mandan, ND. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hazelton Housing Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hazelton Housing Development Corporation is a micro nonprofit that has been operating for 54 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -5.2%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $25K |
| Total Expenses | $41K |
| Surplus / Deficit | $-15,633 |
| Total Assets | $241K |
| Total Liabilities | $8K |
| Net Assets | $233K |
| Operating Margin | -62.9% |
| Debt-to-Asset Ratio | 3.3% |
| Months of Reserves | 71.5 months |
Financial Health Grade: B
In 2021, Hazelton Housing Development Corporation reported a deficit of $16K with expenses exceeding revenue, holds 71.5 months of operating reserves (strong position), has a debt-to-asset ratio of 3.3% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2021), Hazelton Housing Development Corporation's revenue has declined at a compound annual growth rate (CAGR) of -5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -36.6% | +9.6% | -6.6% |
| 2020 | +5.9% | -13.7% | +0.7% |
| 2019 | +97.8% | +93.7% | -1.9% |
| 2018 | -56.4% | -38.0% | -3.3% |
| 2017 | -13.1% | -33.6% | +1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1972 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hazelton Housing Development Corporation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hazelton Housing Development Corporation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.3%.
Frequently Asked Questions about Hazelton Housing Development Corporation
Is Hazelton Housing Development Corporation a legitimate charity?
Hazelton Housing Development Corporation (EIN: 237176828) is a registered tax-exempt nonprofit based in North Dakota. It has 11 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Hazelton Housing Development Corporation spend its money?
Hazelton Housing Development Corporation reported its financials in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hazelton Housing Development Corporation tax-deductible?
Hazelton Housing Development Corporation is registered as a tax-exempt nonprofit (EIN: 237176828). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hazelton Housing Development Corporation located?
Hazelton Housing Development Corporation is headquartered in Mandan, North Dakota and files with the IRS under EIN 237176828.
How many years of IRS 990 filings does Hazelton Housing Development Corporation have?
Hazelton Housing Development Corporation has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Hazelton Housing Development Corporation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Hazelton Housing Development Corporation's revenue has declined by 41.6%, moving from $43K to $25K. Total assets decreased by 10.5% over the same period, from $270K to $241K. Total functional expenses fell by 46.3%, from $75K to $41K. In its most recent filing year (2021), Hazelton Housing Development Corporation reported a deficit of $16K, with expenses exceeding revenue. The organization holds $8K in liabilities against $241K in assets (debt-to-asset ratio: 3.3%), resulting in net assets of $233K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $25K | $41K | $241K | $8K | — | — |
| 2020 | $39K | $37K | $258K | $10K | — | View 990 |
| 2019 | $37K | $43K | $257K | $10K | — | View 990 |
| 2018 | $19K | $22K | $262K | $9K | — | View 990 |
| 2017 | $43K | $36K | $271K | $10K | — | View 990 |
| 2016 | $49K | $54K | $267K | $15K | — | View 990 |
| 2015 | $46K | $60K | $273K | $17K | — | View 990 |
| 2014 | $52K | $51K | $288K | $18K | — | View 990 |
| 2013 | $55K | $45K | $290K | $21K | — | View 990 |
| 2012 | $55K | $41K | $281K | $22K | — | View 990 |
| 2011 | $43K | $75K | $270K | $25K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $25K, expenses of $41K, and assets of $241K (revenue -36.6% year-over-year).
- 2020: Revenue of $39K, expenses of $37K, and assets of $258K (revenue +5.9% year-over-year).
- 2019: Revenue of $37K, expenses of $43K, and assets of $257K (revenue +97.8% year-over-year).
- 2018: Revenue of $19K, expenses of $22K, and assets of $262K (revenue -56.4% year-over-year).
- 2017: Revenue of $43K, expenses of $36K, and assets of $271K (revenue -13.1% year-over-year).
- 2016: Revenue of $49K, expenses of $54K, and assets of $267K (revenue +8.0% year-over-year).
- 2015: Revenue of $46K, expenses of $60K, and assets of $273K (revenue -11.2% year-over-year).
- 2014: Revenue of $52K, expenses of $51K, and assets of $288K (revenue -7.1% year-over-year).
- 2013: Revenue of $55K, expenses of $45K, and assets of $290K (revenue +1.6% year-over-year).
- 2012: Revenue of $55K, expenses of $41K, and assets of $281K (revenue +28.0% year-over-year).
- 2011: Revenue of $43K, expenses of $75K, and assets of $270K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hazelton Housing Development Corporation:
Data Sources and Methodology
This transparency report for Hazelton Housing Development Corporation 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.