Independent Living Center Of The Hudson Valley Inc
Independent Living Center of the Hudson Valley: Strong Program Spending, but Transparency Lacking on Specifics
EIN: 222875911 · Troy, NY · NTEE: P8XZ · Updated: 2026-04-04
Is Independent Living Center Of The Hudson Valley Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Independent Living Center Of The Hudson Valley Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Independent Living Center Of The Hudson Valley Inc
Independent Living Center Of The Hudson Valley Inc (EIN: 222875911) is a nonprofit organization based in Troy, NY, classified under NTEE code P8XZ. The organization reported total revenue of $9.3M and total assets of $6.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Independent Living Center Of The Hudson Valley Inc'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 Independent Living Center Of The Hudson Valley Inc 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, Independent Living Center Of The Hudson Valley Inc 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
Without specific compensation figures for individual executives, a comprehensive assessment is not possible; however, the overall administrative expenses appear to be a reasonable portion of total expenditures.
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 Independent Living Center Of The Hudson Valley Inc's IRS 990 filings:
- Lack of specific executive compensation details in public filings.
- Limited granular detail on program spending categories beyond a general percentage.
Strengths
The following positive indicators were identified for Independent Living Center Of The Hudson Valley Inc:
- Consistently high percentage of spending dedicated to programs (averaging 85% over recent years).
- Consistent revenue and asset growth over the past several years, indicating financial stability.
- Healthy liquidity, with assets significantly exceeding liabilities.
Frequently Asked Questions about Independent Living Center Of The Hudson Valley Inc
Is Independent Living Center Of The Hudson Valley Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Independent Living Center Of The Hudson Valley Inc (EIN: 222875911) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Independent Living Center Of The Hudson Valley Inc spend its money?
Independent Living Center Of The Hudson Valley Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Independent Living Center Of The Hudson Valley Inc tax-deductible?
Independent Living Center Of The Hudson Valley Inc is registered as a tax-exempt nonprofit (EIN: 222875911). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Independent Living Center Of The Hudson Valley Inc do?
Independent Living Center Of The Hudson Valley Inc is a nonprofit organization in the Human Services sector, located in Troy, New York. It is classified under NTEE code P8XZ.
How much revenue does Independent Living Center Of The Hudson Valley Inc have?
Independent Living Center Of The Hudson Valley Inc reported total revenue of $9,334,679. Based on 13 IRS 990 filings on record.
What are Independent Living Center Of The Hudson Valley Inc's total assets?
Independent Living Center Of The Hudson Valley Inc holds total assets of $6,698,314 as reported in IRS 990 filings.
Where is Independent Living Center Of The Hudson Valley Inc located?
Independent Living Center Of The Hudson Valley Inc is based in Troy, New York.
What is Independent Living Center Of The Hudson Valley Inc's EIN?
Independent Living Center Of The Hudson Valley Inc's Employer Identification Number (EIN) is 222875911. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Independent Living Center Of The Hudson Valley Inc?
Independent Living Center Of The Hudson Valley Inc is classified under NTEE code P8XZ (Human Services).
Is Independent Living Center Of The Hudson Valley Inc a registered 501(c)(3)?
Yes, Independent Living Center Of The Hudson Valley Inc is recognized as a tax-exempt organization by the IRS. EIN: 222875911.
Does Independent Living Center Of The Hudson Valley Inc file IRS Form 990?
Yes, Independent Living Center Of The Hudson Valley Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Independent Living Center Of The Hudson Valley Inc's revenue in 2023?
In the 202312 filing period, Independent Living Center Of The Hudson Valley Inc reported total revenue of $8,688,131, total expenses of $7,437,106, and net assets of $5,692,139.
Is Independent Living Center Of The Hudson Valley Inc's revenue growing or declining?
Independent Living Center Of The Hudson Valley Inc's revenue is growing. Revenue went from $7,589,644 (202212) to $8,688,131 (202312), a +14.5% change. Based on 13 filings on record.
What is Independent Living Center Of The Hudson Valley Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Independent Living Center Of The Hudson Valley Inc covers tax period 202312. It shows revenue of $8,688,131, expenses of $7,437,106, total assets of $5,692,139, and liabilities of $463,945.
How much does Independent Living Center Of The Hudson Valley Inc spend on programs vs administration?
Based on IRS 990 analysis, Independent Living Center Of The Hudson Valley Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Independent Living Center Of The Hudson Valley Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Independent Living Center Of The Hudson Valley Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for Independent Living Center Of The Hudson Valley Inc?
The following concerns were identified: Lack of specific executive compensation details in public filings.. Limited granular detail on program spending categories beyond a general percentage.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Independent Living Center Of The Hudson Valley Inc's strengths?
Positive indicators for Independent Living Center Of The Hudson Valley Inc include: Consistently high percentage of spending dedicated to programs (averaging 85% over recent years).. Consistent revenue and asset growth over the past several years, indicating financial stability.. Healthy liquidity, with assets significantly exceeding liabilities.. These findings are derived from AI analysis of the organization's financial filings.
How does Independent Living Center Of The Hudson Valley Inc compensate executives?
Without specific compensation figures for individual executives, a comprehensive assessment is not possible; however, the overall administrative expenses appear to be a reasonable portion of total expenditures. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent growth in revenue and assets, what specific strategies has the Independent Living Center of the Hudson Valley implemented to achieve this financial stability?
The provided data indicates consistent financial growth, but does not detail the specific strategies employed. Further investigation into their annual reports or strategic plans would be necessary to answer this.
How does the organization ensure that its administrative and fundraising costs, while low, are still sufficient to support effective operations and future growth initiatives?
While the data shows low administrative and fundraising percentages, it doesn't elaborate on the efficiency measures or resource allocation strategies that allow them to operate effectively within these constraints. This would require deeper operational insight.
Filing History
IRS 990 filing history for Independent Living Center Of The Hudson Valley Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Independent Living Center Of The Hudson Valley Inc's revenue has grown by 380.4%, moving from $1.8M to $8.7M. Total assets increased by 572.5% over the same period, from $846K to $5.7M. Total functional expenses rose by 281.5%, from $1.9M to $7.4M. In its most recent filing year (2023), Independent Living Center Of The Hudson Valley Inc reported a surplus of $1.3M, with revenue exceeding expenses. The organization holds $464K in liabilities against $5.7M in assets (debt-to-asset ratio: 8.2%), resulting in net assets of $5.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $8.7M | $7.4M | $5.7M | $464K | — | — |
| 2022 | $7.6M | $7.0M | $4.5M | $522K | — | — |
| 2021 | $6.6M | $5.8M | $3.8M | $414K | — | View 990 |
| 2020 | $6.1M | $5.2M | $3.3M | $729K | — | View 990 |
| 2019 | $4.6M | $4.3M | $2.5M | $832K | — | View 990 |
| 2018 | $3.7M | $3.4M | $2.1M | $753K | — | View 990 |
| 2017 | $3.6M | $3.1M | $2.2M | $1.1M | — | View 990 |
| 2016 | $2.4M | $2.2M | $1.5M | $814K | — | View 990 |
| 2015 | $2.4M | $2.2M | $1.4M | $867K | — | View 990 |
| 2014 | $2.2M | $2.0M | $1.2M | $853K | — | View 990 |
| 2013 | $2.0M | $1.8M | $1.0M | $852K | — | View 990 |
| 2012 | $1.9M | $1.8M | $798K | $748K | — | View 990 |
| 2011 | $1.8M | $1.9M | $846K | $919K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.7M, expenses of $7.4M, and assets of $5.7M (revenue +14.5% year-over-year).
- 2022: Revenue of $7.6M, expenses of $7.0M, and assets of $4.5M (revenue +14.9% year-over-year).
- 2021: Revenue of $6.6M, expenses of $5.8M, and assets of $3.8M (revenue +7.8% year-over-year).
- 2020: Revenue of $6.1M, expenses of $5.2M, and assets of $3.3M (revenue +33.5% year-over-year).
- 2019: Revenue of $4.6M, expenses of $4.3M, and assets of $2.5M (revenue +23.8% year-over-year).
- 2018: Revenue of $3.7M, expenses of $3.4M, and assets of $2.1M (revenue +4.1% year-over-year).
- 2017: Revenue of $3.6M, expenses of $3.1M, and assets of $2.2M (revenue +50.4% year-over-year).
- 2016: Revenue of $2.4M, expenses of $2.2M, and assets of $1.5M (revenue +0.0% year-over-year).
- 2015: Revenue of $2.4M, expenses of $2.2M, and assets of $1.4M (revenue +8.4% year-over-year).
- 2014: Revenue of $2.2M, expenses of $2.0M, and assets of $1.2M (revenue +11.2% year-over-year).
- 2013: Revenue of $2.0M, expenses of $1.8M, and assets of $1.0M (revenue +5.5% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.8M, and assets of $798K (revenue +3.0% year-over-year).
- 2011: Revenue of $1.8M, expenses of $1.9M, and assets of $846K.
Data Sources and Methodology
This transparency report for Independent Living Center Of The Hudson Valley Inc 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.