Jewish Federation Housing Development Fund Company Inc
Jewish Federation Housing Development Fund Company Inc reports $0 in assets in its latest filing, a significant decline from previous years.
EIN: 161100930 · Buffalo, NY · NTEE: L200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $163K |
| Program Spending | 85% |
| Net Assets | $12.3M |
| Transparency Score | 60/100 |
Is Jewish Federation Housing Development Fund Company Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jewish Federation Housing Development Fund Company Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jewish Federation Housing Development Fund Company Inc
Jewish Federation Housing Development Fund Company Inc (EIN: 161100930) is a nonprofit organization based in Buffalo, NY, classified under NTEE code L200. The organization reported total revenue of $2.0M and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jewish Federation Housing Development Fund Company Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jewish Federation Housing Development Fund Company Inc is a mid-size nonprofit that has been operating for 36 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 29.7%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.8M |
| Total Expenses | $163K |
| Surplus / Deficit | +$12.6M |
| Total Assets | $12.3M |
| Net Assets | $12.3M |
| Operating Margin | 98.7% |
| Months of Reserves | 911.3 months |
Financial Health Grade: A
In 2020, Jewish Federation Housing Development Fund Company Inc reported a surplus of $12.6M with revenue exceeding expenses, holds 911.3 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2011–2020), Jewish Federation Housing Development Fund Company Inc's revenue has grown at a compound annual growth rate (CAGR) of 29.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +876.6% | -86.9% | +333.6% |
| 2019 | +6.6% | +4.2% | -2.9% |
| 2018 | +1.5% | +0.5% | -1.8% |
| 2017 | +2.9% | -0.6% | -4.2% |
| 2016 | -9.4% | -11.8% | -3.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Jewish Federation Housing Development Fund Company Inc with a Mission Score of 60 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Jewish Federation Housing Development Fund Company 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.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $12.6M, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation, which is a positive sign for resource allocation relative to the organization's size and mission.
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 Jewish Federation Housing Development Fund Company Inc's IRS 990 filings:
- Latest reported assets are $0, a drastic decrease from previous years.
- Significant volatility in reported revenue, peaking at $12.8M in 2020 and dropping to $1.9M in the latest period.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes full efficiency assessment difficult.
Strengths
The following positive indicators were identified for Jewish Federation Housing Development Fund Company Inc:
- Consistently reports 0% officer compensation, indicating good governance regarding executive pay.
- Historically maintained revenues close to expenses, suggesting efficient operations in most years.
Frequently Asked Questions about Jewish Federation Housing Development Fund Company Inc
Is Jewish Federation Housing Development Fund Company Inc a legitimate charity?
Jewish Federation Housing Development Fund Company Inc (EIN: 161100930) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 60/100. It has 10 years of IRS 990 filings on record. Total revenue: $2.0M. 3 red flags identified. 2 strengths noted. Financial health grade: A.
How does Jewish Federation Housing Development Fund Company Inc spend its money?
Jewish Federation Housing Development Fund Company Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Jewish Federation Housing Development Fund Company Inc tax-deductible?
Jewish Federation Housing Development Fund Company Inc is registered as a tax-exempt nonprofit (EIN: 161100930). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Jewish Federation Housing Development Fund Company Inc's spending goes to programs?
Jewish Federation Housing Development Fund Company Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Jewish Federation Housing Development Fund Company Inc compare to similar nonprofits?
With a transparency score of 60/100 (Good), Jewish Federation Housing Development Fund Company Inc is above average for NTEE category L200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Jewish Federation Housing Development Fund Company Inc located?
Jewish Federation Housing Development Fund Company Inc is headquartered in Buffalo, New York and files with the IRS under EIN 161100930. It is classified under NTEE code L200.
How many years of IRS 990 filings does Jewish Federation Housing Development Fund Company Inc have?
Jewish Federation Housing Development Fund Company Inc has 10 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 $2.0M in total revenue.
Why are the latest reported assets $0, a significant drop from $12,347,738 in 2020?
The sudden and complete disappearance of assets from $12,347,738 in 2020 to $0 in the latest filing is a major concern and requires clarification. This could indicate a significant restructuring, asset transfer, or a reporting error.
What caused the revenue fluctuation from $12,804,004 in 2020 to $1,951,149 in the latest period?
The substantial decrease in revenue from its 2020 peak suggests a change in funding sources, program scope, or operational model that warrants further investigation to understand the organization's current financial capacity.
How does the organization sustain its operations with $0 in reported assets?
Operating with no reported assets raises questions about the organization's financial stability and its ability to cover future expenses or invest in its mission. This needs to be clarified to understand its operational model.
Filing History
IRS 990 filing history for Jewish Federation Housing Development Fund Company Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Jewish Federation Housing Development Fund Company Inc's revenue has grown by 940.2%, moving from $1.2M to $12.8M. Total assets increased by 335.7% over the same period, from $2.8M to $12.3M. Total functional expenses fell by 86.4%, from $1.2M to $163K. In its most recent filing year (2020), Jewish Federation Housing Development Fund Company Inc reported a surplus of $12.6M, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $12.8M | $163K | $12.3M | $0 | — | View 990 |
| 2019 | $1.3M | $1.2M | $2.8M | $3.1M | — | View 990 |
| 2018 | $1.2M | $1.2M | $2.9M | $3.3M | — | View 990 |
| 2017 | $1.2M | $1.2M | $3.0M | $3.4M | — | View 990 |
| 2016 | $1.2M | $1.2M | $3.1M | $3.5M | — | View 990 |
| 2015 | $1.3M | $1.4M | $3.2M | $3.7M | — | View 990 |
| 2014 | $1.3M | $1.2M | $2.4M | $2.8M | — | View 990 |
| 2013 | $1.3M | $1.2M | $2.6M | $3.0M | — | View 990 |
| 2012 | $1.2M | $1.2M | $2.7M | $3.2M | — | View 990 |
| 2011 | $1.2M | $1.2M | $2.8M | $3.4M | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $12.8M, expenses of $163K, and assets of $12.3M (revenue +876.6% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.2M, and assets of $2.8M (revenue +6.6% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.2M, and assets of $2.9M (revenue +1.5% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.2M, and assets of $3.0M (revenue +2.9% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $3.1M (revenue -9.4% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.4M, and assets of $3.2M (revenue +0.7% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.2M, and assets of $2.4M (revenue +2.0% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.2M, and assets of $2.6M (revenue +1.7% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.2M, and assets of $2.7M (revenue +1.1% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.2M, and assets of $2.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jewish Federation Housing Development Fund Company Inc:
Data Sources and Methodology
This transparency report for Jewish Federation Housing Development Fund Company 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.