Keuka Housing Council Inc
Keuka Housing Council Inc consistently operates with no officer compensation and stable finances.
EIN: 161092291 · Penn Yan, NY · NTEE: L20Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.4M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $2.2M |
| Transparency Score | 92/100 |
Is Keuka Housing Council Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Keuka Housing Council Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Keuka Housing Council Inc
Keuka Housing Council Inc (EIN: 161092291) is a nonprofit organization based in Penn Yan, NY, classified under NTEE code L20Z. The organization reported total revenue of $1.9M and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Keuka Housing Council Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Keuka Housing Council Inc is a mid-size nonprofit that has been operating for 48 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$23K |
| Total Assets | $2.8M |
| Total Liabilities | $590K |
| Net Assets | $2.2M |
| Operating Margin | 1.6% |
| Debt-to-Asset Ratio | 21.4% |
| Months of Reserves | 23.4 months |
Financial Health Grade: A
In 2023, Keuka Housing Council Inc reported a surplus of $23K with revenue exceeding expenses, holds 23.4 months of operating reserves (strong position), has a debt-to-asset ratio of 21.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Keuka Housing Council Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.8% | +3.1% | -1.7% |
| 2022 | +12.5% | -4.8% | -6.6% |
| 2021 | +15.2% | +30.9% | -0.4% |
| 2020 | -29.2% | -20.9% | -3.8% |
| 2019 | -32.5% | +49.9% | +16.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1978 |
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 Keuka Housing Council Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Keuka Housing Council Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $23K, with revenue exceeding expenses.
- Debt-to-asset ratio: 21.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly unusual for an organization with revenues consistently over $1 million and assets nearing $3 million.
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 Keuka Housing Council Inc's IRS 990 filings:
- Unusually low or zero officer compensation for an organization of this size, which might indicate alternative compensation structures not fully transparent in the summary data or a reliance on volunteer leadership that may not be sustainable long-term.
Strengths
The following positive indicators were identified for Keuka Housing Council Inc:
- Consistent financial stability with revenues generally covering expenses.
- Zero officer compensation reported across all filings, indicating high dedication of funds to mission.
- Healthy asset base of $2,753,638 providing financial resilience.
- Long history of IRS 990 filings (13 filings) demonstrating transparency and compliance.
- Strong asset-to-liability ratio, indicating good financial management.
Frequently Asked Questions about Keuka Housing Council Inc
Is Keuka Housing Council Inc a legitimate charity?
Keuka Housing Council Inc (EIN: 161092291) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.9M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Keuka Housing Council Inc spend its money?
Keuka Housing Council Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Keuka Housing Council Inc tax-deductible?
Keuka Housing Council Inc is registered as a tax-exempt nonprofit (EIN: 161092291). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Keuka Housing Council Inc CEO make?
Keuka Housing Council Inc's highest-compensated officer earns $1 annually. The organization reported $1.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Keuka Housing Council Inc's spending goes to programs?
Keuka Housing Council Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Keuka Housing Council Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Keuka Housing Council Inc is above average for NTEE category L20Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Keuka Housing Council Inc located?
Keuka Housing Council Inc is headquartered in Penn Yan, New York and files with the IRS under EIN 161092291. It is classified under NTEE code L20Z.
How many years of IRS 990 filings does Keuka Housing Council Inc have?
Keuka Housing Council Inc 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 $1.9M in total revenue.
How does Keuka Housing Council Inc manage to operate without officer compensation?
The filings consistently show 0% officer compensation, which suggests that executive leadership may be entirely volunteer-based or compensated through other means not reported as officer compensation on the 990, or that the organization's structure does not include paid officers in the traditional sense.
What is the trend in the organization's assets and liabilities?
Assets have generally been stable, fluctuating between $1.3 million and $3.1 million over the past decade, with the latest at $2,753,638. Liabilities have also been managed, ranging from $590,154 to $971,932, indicating a healthy asset-to-liability ratio.
Is the organization growing or shrinking in terms of revenue?
Revenue has shown fluctuations but generally an upward trend over the long term, from $469,940 in 201608 to $1,435,308 in 202308, with a peak of $2,359,086 in 201808. The latest revenue of $1,435,308 is consistent with recent years.
Filing History
IRS 990 filing history for Keuka Housing Council Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Keuka Housing Council Inc's revenue has grown by 106.2%, moving from $696K to $1.4M. Total assets increased by 392.4% over the same period, from $559K to $2.8M. Total functional expenses rose by 90%, from $743K to $1.4M. In its most recent filing year (2023), Keuka Housing Council Inc reported a surplus of $23K, with revenue exceeding expenses. The organization holds $590K in liabilities against $2.8M in assets (debt-to-asset ratio: 21.4%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.4M | $2.8M | $590K | — | — |
| 2022 | $1.5M | $1.4M | $2.8M | $662K | — | View 990 |
| 2021 | $1.3M | $1.4M | $3.0M | $953K | — | View 990 |
| 2020 | $1.1M | $1.1M | $3.0M | $825K | — | View 990 |
| 2019 | $1.6M | $1.4M | $3.1M | $972K | — | View 990 |
| 2018 | $2.4M | $926K | $2.7M | $718K | — | View 990 |
| 2017 | $820K | $850K | $1.6M | $901K | — | View 990 |
| 2016 | $470K | $556K | $1.4M | $772K | — | View 990 |
| 2015 | $782K | $805K | $1.5M | $792K | — | View 990 |
| 2014 | $961K | $798K | $1.7M | $914K | — | View 990 |
| 2013 | $1.1M | $1.1M | $1.2M | $943K | — | View 990 |
| 2012 | $1.2M | $1.4M | $959K | $621K | — | View 990 |
| 2011 | $696K | $743K | $559K | $322K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.4M, and assets of $2.8M (revenue -1.8% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.4M, and assets of $2.8M (revenue +12.5% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.4M, and assets of $3.0M (revenue +15.2% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.1M, and assets of $3.0M (revenue -29.2% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.4M, and assets of $3.1M (revenue -32.5% year-over-year).
- 2018: Revenue of $2.4M, expenses of $926K, and assets of $2.7M (revenue +187.6% year-over-year).
- 2017: Revenue of $820K, expenses of $850K, and assets of $1.6M (revenue +74.5% year-over-year).
- 2016: Revenue of $470K, expenses of $556K, and assets of $1.4M (revenue -39.9% year-over-year).
- 2015: Revenue of $782K, expenses of $805K, and assets of $1.5M (revenue -18.6% year-over-year).
- 2014: Revenue of $961K, expenses of $798K, and assets of $1.7M (revenue -8.6% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.1M, and assets of $1.2M (revenue -14.8% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.4M, and assets of $959K (revenue +77.3% year-over-year).
- 2011: Revenue of $696K, expenses of $743K, and assets of $559K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Keuka Housing Council Inc:
Data Sources and Methodology
This transparency report for Keuka Housing Council 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.