Hudson River Housing
Hudson River Housing: Strong Growth, Prudent Spending, and Community Impact
EIN: 222456648 · Poughkeepsie, NY · Updated: 2026-04-04
About Hudson River Housing
Hudson River Housing (EIN: 222456648) is a nonprofit organization based in Poughkeepsie, NY. The organization reported total revenue of $22.5M and total assets of $38.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hudson River Housing's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hudson River Housing with a Mission Score of 88 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, Hudson River Housing 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.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but the overall administrative expenses appear to be a reasonable percentage of total expenditures, suggesting prudent management.
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 Hudson River Housing:
- Consistent revenue growth from $9.1M in 2016 to $21.8M in 2023, demonstrating increasing support and impact.
- Healthy asset growth from $21.1M in 2016 to $36.0M in 2023, indicating strong financial health and capacity.
- Low fundraising costs, suggesting efficient resource allocation and strong donor retention.
- Positive net assets and no reported deficits in the provided financial snapshots.
- Significant increase in program expenditures, reflecting expanded services and community reach.
Frequently Asked Questions about Hudson River Housing
What does Hudson River Housing do?
Hudson River Housing is a nonprofit organization in the Unknown sector, located in Poughkeepsie, New York. It is classified under NTEE code Unknown.
How much revenue does Hudson River Housing have?
Hudson River Housing reported total revenue of $22,502,948. Based on 13 IRS 990 filings on record.
What are Hudson River Housing's total assets?
Hudson River Housing holds total assets of $38,029,040 as reported in IRS 990 filings.
Where is Hudson River Housing located?
Hudson River Housing is based in Poughkeepsie, New York.
What is Hudson River Housing's EIN?
Hudson River Housing's Employer Identification Number (EIN) is 222456648. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Hudson River Housing?
Hudson River Housing is classified under NTEE code Unknown (Unknown).
Is Hudson River Housing a registered 501(c)(3)?
Hudson River Housing appears in IRS records (EIN: 222456648). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Hudson River Housing file IRS Form 990?
Yes, Hudson River Housing has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Hudson River Housing's revenue in 2023?
In the 202312 filing period, Hudson River Housing reported total revenue of $21,884,767, total expenses of $20,041,209, and net assets of $36,063,244.
Is Hudson River Housing's revenue growing or declining?
Hudson River Housing's revenue is growing. Revenue went from $18,993,641 (202212) to $21,884,767 (202312), a +15.2% change. Based on 13 filings on record.
What is Hudson River Housing's most recent 990 filing?
The most recent IRS Form 990 filing for Hudson River Housing covers tax period 202312. It shows revenue of $21,884,767, expenses of $20,041,209, total assets of $36,063,244, and liabilities of $18,718,924.
How much does Hudson River Housing spend on programs vs administration?
Based on IRS 990 analysis, Hudson River Housing allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Hudson River Housing a trustworthy charity?
Based on AI analysis of IRS 990 data, Hudson River Housing appears trustworthy. Mission Score: 88/100 (Excellent). No red flags identified. 5 strengths noted.
What are Hudson River Housing's strengths?
Positive indicators for Hudson River Housing include: Consistent revenue growth from $9.1M in 2016 to $21.8M in 2023, demonstrating increasing support and impact.. Healthy asset growth from $21.1M in 2016 to $36.0M in 2023, indicating strong financial health and capacity.. Low fundraising costs, suggesting efficient resource allocation and strong donor retention.. Positive net assets and no reported deficits in the provided financial snapshots.. Significant increase in program expenditures, reflecting expanded services and community reach.. These findings are derived from AI analysis of the organization's financial filings.
How does Hudson River Housing compensate executives?
Executive compensation is not explicitly detailed in the provided data, but the overall administrative expenses appear to be a reasonable percentage of total expenditures, suggesting prudent management. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has Hudson River Housing managed to achieve such consistent and substantial revenue growth over the past seven years?
The consistent revenue growth, nearly tripling from $9.1M in 2016 to $21.8M in 2023, suggests successful grant acquisition, effective fundraising strategies, and potentially expanding service contracts or government funding for their housing initiatives in the Poughkeepsie area.
What specific programs or initiatives have driven the significant increase in total assets from $21.1M in 2016 to $36.0M in 2023?
The substantial increase in total assets likely reflects investments in new properties, development of additional affordable housing units, or expansion of facilities to support their mission, indicating a growing physical footprint and capacity to serve more individuals.
Filing History
IRS 990 filing history for Hudson River Housing showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hudson River Housing's revenue has grown by 168.6%, moving from $8.1M to $21.9M. Total assets increased by 99.8% over the same period, from $18.0M to $36.1M. Total functional expenses rose by 150.4%, from $8.0M to $20.0M. In its most recent filing year (2023), Hudson River Housing reported a surplus of $1.8M, with revenue exceeding expenses. The organization holds $18.7M in liabilities against $36.1M in assets (debt-to-asset ratio: 51.9%), resulting in net assets of $17.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $21.9M | $20.0M | $36.1M | $18.7M | — | View 990 |
| 2022 | $19.0M | $20.0M | $31.3M | $15.0M | — | View 990 |
| 2021 | $17.7M | $16.5M | $27.2M | $10.8M | — | View 990 |
| 2020 | $16.7M | $15.1M | $27.3M | $12.2M | — | — |
| 2019 | $11.6M | $11.1M | $25.7M | $12.2M | — | View 990 |
| 2018 | $10.9M | $10.6M | $25.5M | $12.5M | — | View 990 |
| 2017 | $11.5M | $10.0M | $23.4M | $10.9M | — | View 990 |
| 2016 | $9.1M | $9.3M | $21.2M | $10.2M | — | View 990 |
| 2015 | $8.7M | $9.1M | $20.6M | $9.5M | — | View 990 |
| 2014 | $8.4M | $8.4M | $21.3M | $9.7M | — | View 990 |
| 2013 | $7.7M | $7.8M | $20.6M | $8.9M | — | View 990 |
| 2012 | $8.3M | $7.6M | $21.1M | $10.0M | — | View 990 |
| 2011 | $8.1M | $8.0M | $18.0M | $7.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $21.9M, expenses of $20.0M, and assets of $36.1M (revenue +15.2% year-over-year).
- 2022: Revenue of $19.0M, expenses of $20.0M, and assets of $31.3M (revenue +7.0% year-over-year).
- 2021: Revenue of $17.7M, expenses of $16.5M, and assets of $27.2M (revenue +6.5% year-over-year).
- 2020: Revenue of $16.7M, expenses of $15.1M, and assets of $27.3M (revenue +43.9% year-over-year).
- 2019: Revenue of $11.6M, expenses of $11.1M, and assets of $25.7M (revenue +6.2% year-over-year).
- 2018: Revenue of $10.9M, expenses of $10.6M, and assets of $25.5M (revenue -5.1% year-over-year).
- 2017: Revenue of $11.5M, expenses of $10.0M, and assets of $23.4M (revenue +25.8% year-over-year).
- 2016: Revenue of $9.1M, expenses of $9.3M, and assets of $21.2M (revenue +5.5% year-over-year).
- 2015: Revenue of $8.7M, expenses of $9.1M, and assets of $20.6M (revenue +3.4% year-over-year).
- 2014: Revenue of $8.4M, expenses of $8.4M, and assets of $21.3M (revenue +8.3% year-over-year).
- 2013: Revenue of $7.7M, expenses of $7.8M, and assets of $20.6M (revenue -6.4% year-over-year).
- 2012: Revenue of $8.3M, expenses of $7.6M, and assets of $21.1M (revenue +1.5% year-over-year).
- 2011: Revenue of $8.1M, expenses of $8.0M, and assets of $18.0M.
Data Sources and Methodology
This transparency report for Hudson River Housing 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.