Housing Assistance Program Of Essex County

Housing Assistance Program Of Essex County consistently operates near break-even with no reported officer compensation.

EIN: 141601549 · Elizabethtown, NY · NTEE: L800 · Updated: 2026-03-28

$2.3MRevenue
$2.3MGross Revenue
$3.5MAssets
85/100Mission Score (Excellent)
L800

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Housing Assistance Program Of Essex County Financial Summary
MetricValue
Total Revenue$2.3M
Total Expenses$3.4M
Program Spending85%
CEO/Top Officer Pay$2
Net Assets$2.0M
Transparency Score85/100

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Housing Assistance Program Of Essex County Form 990, Revenue, CEO Pay, and IRS Filing Signals

Housing Assistance Program Of Essex County is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Housing Assistance Program Of Essex County in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $3.3M and expenses of $3.4M.

Revenue and Expenses

Housing Assistance Program Of Essex County reported $3.3M in revenue and $3.4M in expenses, a deficit of $110K.

Executive Compensation

Top officer compensation appears as $2 in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

85/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.

Is Housing Assistance Program Of Essex County Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

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Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
85%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Housing Assistance Program Of Essex County Expense Deployment
Program services$2.9M (85%)

Across stored filings, Housing Assistance Program Of Essex County shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Housing Assistance Program Of Essex County Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spend85% to programsExcellent
Financial durabilityGrade B13 stored filing years
Peer contextCompare with Healthy Capital District InitiativeNew York and Category L context

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Housing Assistance Program Of Essex County directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Housing Assistance Program Of Essex County

Housing Assistance Program Of Essex County (EIN: 141601549) is a nonprofit organization based in Elizabethtown, NY, classified under NTEE code L800. The organization reported total revenue of $2.3M and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Housing Assistance Program Of Essex County's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

47Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Housing Assistance Program Of Essex County is a mid-size nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.8%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$3.3M
Total Expenses$3.4M
Surplus / Deficit$-109,943
Total Assets$2.5M
Total Liabilities$466K
Net Assets$2.0M
Operating Margin-3.3%
Debt-to-Asset Ratio18.9%
Months of Reserves8.7 months

Financial Health Grade: B

In 2023, Housing Assistance Program Of Essex County reported a deficit of $110K with expenses exceeding revenue, holds 8.7 months of operating reserves (strong position), has a debt-to-asset ratio of 18.9% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Housing Assistance Program Of Essex County's revenue has grown at a compound annual growth rate (CAGR) of 6.8%.

YearRevenue ChangeExpense ChangeAsset Change
2023+24.4%+27.8%+1.6%
2022+17.0%+16.9%+11.2%
2021+11.6%+46.4%-4.7%
2020-13.5%-29.9%+16.5%
2019-43.3%-42.4%-16.0%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1979

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Housing Assistance Program Of Essex County demonstrates consistent financial activity, with revenues generally tracking expenses closely over the past decade. In the most recent filing (202312), the organization reported revenues of $3,287,178 against expenses of $3,397,121, indicating a slight deficit for the period. This trend of expenses often matching or slightly exceeding revenue is common for direct service nonprofits. The organization's assets have shown growth, increasing from $850,535 in 2014 to $2,459,472 in 2023, suggesting a stable, albeit not rapidly accumulating, financial position. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and efficient use of funds, as it suggests that the organization's leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is unusual for an organization of this size. This practice, if accurately reflecting no compensation to key decision-makers, could free up more resources for program delivery. However, without further detail on how key management personnel are compensated, it's difficult to fully assess the overall compensation structure. Overall, the organization appears to be financially stable, managing its resources to meet its mission without significant accumulation of unrestricted net assets. The consistent filing history and the reported lack of officer compensation point towards a commitment to transparency and program focus. Further analysis of the functional expense breakdown would provide a clearer picture of spending efficiency across programs, administration, and fundraising.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Housing Assistance Program Of Essex County 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: 85%
  • fundraising: 5%

According to IRS 990 filings, Housing Assistance Program Of Essex County allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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:

$3.3MTotal Revenue
$3.4MTotal Expenses
$2.5MTotal Assets
$466KTotal Liabilities
$2.0MNet Assets
  • The organization reported a deficit of $110K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 18.9%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization with annual revenues exceeding $2 million. This suggests either a volunteer leadership model or that executive compensation is categorized differently, warranting further investigation for full transparency.

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 Housing Assistance Program Of Essex County's IRS 990 filings:

  • Consistent 0% officer compensation reported, which is unusual for an organization of this size and could mask executive compensation in other categories.
  • Frequent slight operating deficits, such as the $109,943 deficit in 2023, which could erode reserves over time if not managed.

Strengths

The following positive indicators were identified for Housing Assistance Program Of Essex County:

  • Consistent financial reporting and filing history over 13 periods, indicating good governance.
  • Assets have shown steady growth from $850,535 in 2014 to $2,459,472 in 2023, demonstrating financial stability.
  • Revenues consistently exceed $2 million, indicating a significant capacity to deliver services.

Frequently Asked Questions about Housing Assistance Program Of Essex County

Is Housing Assistance Program Of Essex County a legitimate charity?

Housing Assistance Program Of Essex County (EIN: 141601549) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.3M. 2 red flags identified. 3 strengths noted. Financial health grade: B.

How does Housing Assistance Program Of Essex County spend its money?

Housing Assistance Program Of Essex County directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Housing Assistance Program Of Essex County tax-deductible?

Housing Assistance Program Of Essex County is registered as a tax-exempt nonprofit (EIN: 141601549). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Housing Assistance Program Of Essex County CEO make?

Housing Assistance Program Of Essex County's highest-compensated officer earns $2 annually. The organization reported $2.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Housing Assistance Program Of Essex County's spending goes to programs?

Housing Assistance Program Of Essex County directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Housing Assistance Program Of Essex County compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Housing Assistance Program Of Essex County is above average for NTEE category L800 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Housing Assistance Program Of Essex County located?

Housing Assistance Program Of Essex County is headquartered in Elizabethtown, New York and files with the IRS under EIN 141601549. It is classified under NTEE code L800.

How many years of IRS 990 filings does Housing Assistance Program Of Essex County have?

Housing Assistance Program Of Essex County 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 $2.3M in total revenue.

How does Housing Assistance Program Of Essex County fund its operations with 0% reported officer compensation?

The consistent reporting of 0% officer compensation across all filings suggests that key leadership may be volunteer-based or compensated through other expense categories not classified as officer compensation. This practice, while potentially efficient, warrants further inquiry to understand the full compensation structure for key management personnel.

What is the organization's strategy for managing its slight annual deficits, such as the $109,943 deficit in 2023?

The organization frequently operates with expenses closely matching or slightly exceeding revenues. This could indicate a strategy of spending down available funds to maximize program delivery, or it might suggest reliance on prior year surpluses or specific grants to cover shortfalls. A detailed look at net assets would clarify this.

What is the functional expense breakdown for program, administrative, and fundraising costs?

While the provided data indicates overall revenues and expenses, a detailed functional expense breakdown (e.g., from Part IX of the Form 990) is needed to precisely determine the percentages allocated to programs, administration, and fundraising. This information is crucial for assessing spending efficiency.

Filing History

IRS 990 filing history for Housing Assistance Program Of Essex County showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Housing Assistance Program Of Essex County's revenue has grown by 120.8%, moving from $1.5M to $3.3M. Total assets increased by 186.9% over the same period, from $857K to $2.5M. Total functional expenses rose by 120.5%, from $1.5M to $3.4M. In its most recent filing year (2023), Housing Assistance Program Of Essex County reported a deficit of $110K, with expenses exceeding revenue. The organization holds $466K in liabilities against $2.5M in assets (debt-to-asset ratio: 18.9%), resulting in net assets of $2.0M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $3.3M $3.4M $2.5M $466K View 990
2022 $2.6M $2.7M $2.4M $318K View 990
2021 $2.3M $2.3M $2.2M $158K View 990
2020 $2.0M $1.6M $2.3M $249K
2019 $2.3M $2.2M $2.0M $311K View 990
2018 $4.1M $3.8M $2.3M $808K View 990
2017 $2.7M $2.2M $1.4M $145K View 990
2016 $2.2M $2.1M $1.0M $247K View 990
2015 $1.9M $1.9M $1000K $281K View 990
2014 $2.0M $2.0M $851K $156K View 990
2013 $2.2M $2.1M $933K $218K View 990
2012 $1.7M $1.6M $854K $211K View 990
2011 $1.5M $1.5M $857K $222K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $3.3M, expenses of $3.4M, and assets of $2.5M (revenue +24.4% year-over-year).
  • 2022: Revenue of $2.6M, expenses of $2.7M, and assets of $2.4M (revenue +17.0% year-over-year).
  • 2021: Revenue of $2.3M, expenses of $2.3M, and assets of $2.2M (revenue +11.6% year-over-year).
  • 2020: Revenue of $2.0M, expenses of $1.6M, and assets of $2.3M (revenue -13.5% year-over-year).
  • 2019: Revenue of $2.3M, expenses of $2.2M, and assets of $2.0M (revenue -43.3% year-over-year).
  • 2018: Revenue of $4.1M, expenses of $3.8M, and assets of $2.3M (revenue +53.2% year-over-year).
  • 2017: Revenue of $2.7M, expenses of $2.2M, and assets of $1.4M (revenue +22.2% year-over-year).
  • 2016: Revenue of $2.2M, expenses of $2.1M, and assets of $1.0M (revenue +14.0% year-over-year).
  • 2015: Revenue of $1.9M, expenses of $1.9M, and assets of $1000K (revenue -1.9% year-over-year).
  • 2014: Revenue of $2.0M, expenses of $2.0M, and assets of $851K (revenue -9.1% year-over-year).
  • 2013: Revenue of $2.2M, expenses of $2.1M, and assets of $933K (revenue +30.6% year-over-year).
  • 2012: Revenue of $1.7M, expenses of $1.6M, and assets of $854K (revenue +11.4% year-over-year).
  • 2011: Revenue of $1.5M, expenses of $1.5M, and assets of $857K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Housing Assistance Program Of Essex County:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Housing Assistance Program Of Essex County 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.

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