Housing Development Corporation Of Northumberland County
EIN: 233021535 · Mount Carmel, PA · NTEE: L20
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $270K |
| Net Assets | $3.4M |
Is Housing Development Corporation Of Northumberland County Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Housing Development Corporation Of Northumberland County
Housing Development Corporation Of Northumberland County (EIN: 233021535) is a nonprofit organization based in Mount Carmel, PA, classified under NTEE code L20. The organization reported total revenue of $1.8M and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Housing Development Corporation Of Northumberland County's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Housing Development Corporation Of Northumberland County is a mid-size nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 18.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $270K |
| Surplus / Deficit | +$828K |
| Total Assets | $3.4M |
| Total Liabilities | $495 |
| Net Assets | $3.4M |
| Operating Margin | 75.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 149.7 months |
Financial Health Grade: A
In 2023, Housing Development Corporation Of Northumberland County reported a surplus of $828K with revenue exceeding expenses, holds 149.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Housing Development Corporation Of Northumberland County's revenue has grown at a compound annual growth rate (CAGR) of 18.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.6% | -39.7% | +32.6% |
| 2022 | +120.1% | +55.2% | +23.6% |
| 2021 | -63.0% | -53.1% | +7.1% |
| 2020 | +53.6% | -17.4% | +38.3% |
| 2019 | +154.6% | +297.6% | +0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Housing Development Corporation Of Northumberland County 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 Housing Development Corporation Of Northumberland County 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $828K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Housing Development Corporation Of Northumberland County
Is Housing Development Corporation Of Northumberland County a legitimate charity?
Housing Development Corporation Of Northumberland County (EIN: 233021535) is a registered tax-exempt nonprofit based in Pennsylvania. It has 13 years of IRS 990 filings on record. Total revenue: $1.8M. No red flags identified. Financial health grade: A.
How does Housing Development Corporation Of Northumberland County spend its money?
Housing Development Corporation Of Northumberland County reported $1.8M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Housing Development Corporation Of Northumberland County tax-deductible?
Housing Development Corporation Of Northumberland County is registered as a tax-exempt nonprofit (EIN: 233021535). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Housing Development Corporation Of Northumberland County located?
Housing Development Corporation Of Northumberland County is headquartered in Mount Carmel, Pennsylvania and files with the IRS under EIN 233021535. It is classified under NTEE code L20.
How many years of IRS 990 filings does Housing Development Corporation Of Northumberland County have?
Housing Development Corporation Of Northumberland 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 $1.8M in total revenue.
Filing History
IRS 990 filing history for Housing Development Corporation Of Northumberland County showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Housing Development Corporation Of Northumberland County's revenue has grown by 638.4%, moving from $149K to $1.1M. Total assets increased by 237.3% over the same period, from $1000K to $3.4M. Total functional expenses rose by 83.3%, from $147K to $270K. In its most recent filing year (2023), Housing Development Corporation Of Northumberland County reported a surplus of $828K, with revenue exceeding expenses. The organization holds $495 in liabilities against $3.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $270K | $3.4M | $495 | — | View 990 |
| 2022 | $934K | $448K | $2.5M | $495 | — | View 990 |
| 2021 | $424K | $289K | $2.1M | $495 | — | View 990 |
| 2020 | $1.1M | $615K | $1.9M | $495 | — | — |
| 2019 | $746K | $745K | $1.4M | $0 | — | View 990 |
| 2018 | $293K | $187K | $1.4M | $0 | — | View 990 |
| 2017 | $436K | $234K | $1.3M | $0 | — | — |
| 2016 | $271K | $250K | $1.1M | $0 | — | View 990 |
| 2015 | $349K | $252K | $1.1M | $0 | — | View 990 |
| 2014 | $203K | $218K | $965K | $2K | — | View 990 |
| 2013 | $229K | $254K | $977K | $0 | — | View 990 |
| 2012 | $156K | $153K | $1.0M | $0 | — | View 990 |
| 2011 | $149K | $147K | $1000K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $270K, and assets of $3.4M (revenue +17.6% year-over-year).
- 2022: Revenue of $934K, expenses of $448K, and assets of $2.5M (revenue +120.1% year-over-year).
- 2021: Revenue of $424K, expenses of $289K, and assets of $2.1M (revenue -63.0% year-over-year).
- 2020: Revenue of $1.1M, expenses of $615K, and assets of $1.9M (revenue +53.6% year-over-year).
- 2019: Revenue of $746K, expenses of $745K, and assets of $1.4M (revenue +154.6% year-over-year).
- 2018: Revenue of $293K, expenses of $187K, and assets of $1.4M (revenue -32.8% year-over-year).
- 2017: Revenue of $436K, expenses of $234K, and assets of $1.3M (revenue +60.9% year-over-year).
- 2016: Revenue of $271K, expenses of $250K, and assets of $1.1M (revenue -22.3% year-over-year).
- 2015: Revenue of $349K, expenses of $252K, and assets of $1.1M (revenue +71.6% year-over-year).
- 2014: Revenue of $203K, expenses of $218K, and assets of $965K (revenue -11.4% year-over-year).
- 2013: Revenue of $229K, expenses of $254K, and assets of $977K (revenue +46.9% year-over-year).
- 2012: Revenue of $156K, expenses of $153K, and assets of $1.0M (revenue +4.9% year-over-year).
- 2011: Revenue of $149K, expenses of $147K, and assets of $1000K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Housing Development Corporation Of Northumberland County:
Data Sources and Methodology
This transparency report for Housing Development Corporation Of Northumberland 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.