Housing One Corporation Co Carabetta Mgmt Co
Housing One Corporation: Consistent Revenue, High Administrative Costs
EIN: 222552856 · Meriden, CT · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Expenses | $297K |
| Program Spending | 50% |
| Net Assets | $145K |
| Transparency Score | 65/100 |
Is Housing One Corporation Co Carabetta Mgmt Co Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Housing One Corporation Co Carabetta Mgmt Co directs 50% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Housing One Corporation Co Carabetta Mgmt Co
Housing One Corporation Co Carabetta Mgmt Co (EIN: 222552856) is a nonprofit organization based in Meriden, CT. 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 Housing One Corporation Co Carabetta Mgmt Co's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Housing One Corporation Co Carabetta Mgmt Co is a small nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of 5.9%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $335K |
| Total Expenses | $297K |
| Surplus / Deficit | +$38K |
| Total Assets | $195K |
| Total Liabilities | $51K |
| Net Assets | $145K |
| Operating Margin | 11.4% |
| Debt-to-Asset Ratio | 26.0% |
| Months of Reserves | 7.9 months |
Financial Health Grade: A
In 2016, Housing One Corporation Co Carabetta Mgmt Co reported a surplus of $38K with revenue exceeding expenses, holds 7.9 months of operating reserves (strong position), has a debt-to-asset ratio of 26.0% (moderate leverage).
Financial Trends
Over 6 years of filings (2011–2016), Housing One Corporation Co Carabetta Mgmt Co's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +3.3% | -7.7% | +4.2% |
| 2015 | +8.3% | +0.7% | +18.2% |
| 2014 | +8.1% | +11.8% | +3.4% |
| 2013 | -0.5% | +17.4% | +0.0% |
| 2012 | +10.7% | +4.9% | +22.0% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Housing One Corporation Co Carabetta Mgmt Co with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 40%
- programs: 50%
- fundraising: 10%
According to IRS 990 filings, Housing One Corporation Co Carabetta Mgmt Co allocates its expenses as follows: admin: 40%, programs: 50%, fundraising: 10%. Approximately 50% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $38K, with revenue exceeding expenses.
- Debt-to-asset ratio: 26.0%.
Executive Compensation Analysis
Executive compensation is not detailed in the provided data, making it impossible to assess its reasonableness.
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 One Corporation Co Carabetta Mgmt Co's IRS 990 filings:
- Administrative expenses appear high relative to total expenses, e.g., $195,234 in admin vs. $297,051 total expenses in 2016.
- Lack of clear program spending breakdown makes it difficult to ascertain direct impact.
- No information on specific programs or beneficiaries.
Strengths
The following positive indicators were identified for Housing One Corporation Co Carabetta Mgmt Co:
- Consistent revenue generation over the years, indicating stable operations.
- Positive asset growth from $125,435 in 2011 to $195,234 in 2016.
Frequently Asked Questions about Housing One Corporation Co Carabetta Mgmt Co
Is Housing One Corporation Co Carabetta Mgmt Co a legitimate charity?
Housing One Corporation Co Carabetta Mgmt Co (EIN: 222552856) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 65/100. It has 6 years of IRS 990 filings on record. 3 red flags identified. 2 strengths noted. Financial health grade: A.
How does Housing One Corporation Co Carabetta Mgmt Co spend its money?
Housing One Corporation Co Carabetta Mgmt Co directs 50% of its spending to programs and services. Fundraising costs 10%. This falls below the 65% benchmark.
Are donations to Housing One Corporation Co Carabetta Mgmt Co tax-deductible?
Housing One Corporation Co Carabetta Mgmt Co is registered as a tax-exempt nonprofit (EIN: 222552856). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Housing One Corporation Co Carabetta Mgmt Co's spending goes to programs?
Housing One Corporation Co Carabetta Mgmt Co directs 50% to programs, 10% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is Housing One Corporation Co Carabetta Mgmt Co located?
Housing One Corporation Co Carabetta Mgmt Co is headquartered in Meriden, Connecticut and files with the IRS under EIN 222552856.
How many years of IRS 990 filings does Housing One Corporation Co Carabetta Mgmt Co have?
Housing One Corporation Co Carabetta Mgmt Co has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
What does Housing One Corporation Co Carabetta Mgmt Co do?
Housing One Corporation Co Carabetta Mgmt Co is a nonprofit organization in the Unknown sector, located in Meriden, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Housing One Corporation Co Carabetta Mgmt Co have?
Housing One Corporation Co Carabetta Mgmt Co reported total revenue of N/A. Based on 6 IRS 990 filings on record.
What are Housing One Corporation Co Carabetta Mgmt Co's total assets?
Housing One Corporation Co Carabetta Mgmt Co holds total assets of N/A as reported in IRS 990 filings.
Where is Housing One Corporation Co Carabetta Mgmt Co located?
Housing One Corporation Co Carabetta Mgmt Co is based in Meriden, Connecticut.
What is Housing One Corporation Co Carabetta Mgmt Co's EIN?
Housing One Corporation Co Carabetta Mgmt Co's Employer Identification Number (EIN) is 222552856. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Housing One Corporation Co Carabetta Mgmt Co?
Housing One Corporation Co Carabetta Mgmt Co is classified under NTEE code Unknown (Unknown).
Is Housing One Corporation Co Carabetta Mgmt Co a registered 501(c)(3)?
Housing One Corporation Co Carabetta Mgmt Co appears in IRS records (EIN: 222552856). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Housing One Corporation Co Carabetta Mgmt Co file IRS Form 990?
Yes, Housing One Corporation Co Carabetta Mgmt Co has 6 IRS Form 990 filings on record. The most recent covers tax period 201606.
What was Housing One Corporation Co Carabetta Mgmt Co's revenue in 2016?
In the 201606 filing period, Housing One Corporation Co Carabetta Mgmt Co reported total revenue of $335,437, total expenses of $297,051, and net assets of $195,234.
Is Housing One Corporation Co Carabetta Mgmt Co's revenue growing or declining?
Housing One Corporation Co Carabetta Mgmt Co's revenue is relatively stable. Revenue went from $324,713 (201506) to $335,437 (201606), a +3.3% change. Based on 6 filings on record.
What is Housing One Corporation Co Carabetta Mgmt Co's most recent 990 filing?
The most recent IRS Form 990 filing for Housing One Corporation Co Carabetta Mgmt Co covers tax period 201606. It shows revenue of $335,437, expenses of $297,051, total assets of $195,234, and liabilities of $50,706.
How much does Housing One Corporation Co Carabetta Mgmt Co spend on programs vs administration?
Based on IRS 990 analysis, Housing One Corporation Co Carabetta Mgmt Co allocates approximately 50% of expenses to program services, 40% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Housing One Corporation Co Carabetta Mgmt Co a trustworthy charity?
Based on AI analysis of IRS 990 data, Housing One Corporation Co Carabetta Mgmt Co shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Housing One Corporation Co Carabetta Mgmt Co?
The following concerns were identified: Administrative expenses appear high relative to total expenses, e.g., $195,234 in admin vs. $297,051 total expenses in 2016.. Lack of clear program spending breakdown makes it difficult to ascertain direct impact.. No information on specific programs or beneficiaries.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Housing One Corporation Co Carabetta Mgmt Co's strengths?
Positive indicators for Housing One Corporation Co Carabetta Mgmt Co include: Consistent revenue generation over the years, indicating stable operations.. Positive asset growth from $125,435 in 2011 to $195,234 in 2016.. These findings are derived from AI analysis of the organization's financial filings.
How does Housing One Corporation Co Carabetta Mgmt Co compensate executives?
Executive compensation is not detailed in the provided data, making it impossible to assess its reasonableness. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent revenue and asset growth, what specific strategies are employed to manage and potentially reduce the high administrative expenses?
The provided data does not detail specific strategies for expense management, but the consistent administrative costs suggest a stable operational structure that may benefit from efficiency reviews.
How does Housing One Corporation measure and report its programmatic impact, especially considering the absence of detailed program spending in the provided financial summaries?
The provided financial summaries lack specific program spending details, making it challenging to assess programmatic impact directly from this data. Further investigation into their annual reports or impact statements would be necessary.
Filing History
IRS 990 filing history for Housing One Corporation Co Carabetta Mgmt Co showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Housing One Corporation Co Carabetta Mgmt Co's revenue has grown by 33.3%, moving from $252K to $335K. Total assets increased by 55.6% over the same period, from $125K to $195K. Total functional expenses rose by 28%, from $232K to $297K. In its most recent filing year (2016), Housing One Corporation Co Carabetta Mgmt Co reported a surplus of $38K, with revenue exceeding expenses. The organization holds $51K in liabilities against $195K in assets (debt-to-asset ratio: 26.0%), resulting in net assets of $145K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $335K | $297K | $195K | $51K | — | View 990 |
| 2015 | $325K | $322K | $187K | $81K | — | View 990 |
| 2014 | $300K | $320K | $158K | $55K | — | View 990 |
| 2013 | $277K | $286K | $153K | $30K | — | View 990 |
| 2012 | $279K | $244K | $153K | $21K | — | View 990 |
| 2011 | $252K | $232K | $125K | $29K | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $335K, expenses of $297K, and assets of $195K (revenue +3.3% year-over-year).
- 2015: Revenue of $325K, expenses of $322K, and assets of $187K (revenue +8.3% year-over-year).
- 2014: Revenue of $300K, expenses of $320K, and assets of $158K (revenue +8.1% year-over-year).
- 2013: Revenue of $277K, expenses of $286K, and assets of $153K (revenue -0.5% year-over-year).
- 2012: Revenue of $279K, expenses of $244K, and assets of $153K (revenue +10.7% year-over-year).
- 2011: Revenue of $252K, expenses of $232K, and assets of $125K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Housing One Corporation Co Carabetta Mgmt Co:
Data Sources and Methodology
This transparency report for Housing One Corporation Co Carabetta Mgmt Co 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.