Local 46 Cedar River Housing Corp
EIN: 421177040 · Waterloo, IA
| Metric | Value |
|---|---|
| Total Expenses | $618K |
| Net Assets | $-492,644 |
Is Local 46 Cedar River Housing Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Local 46 Cedar River Housing Corp
Local 46 Cedar River Housing Corp (EIN: 421177040) is a nonprofit organization based in Waterloo, IA. 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 Local 46 Cedar River Housing Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Local 46 Cedar River Housing Corp is a small nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 1.0%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $755K |
| Total Expenses | $618K |
| Surplus / Deficit | +$138K |
| Total Assets | $1.9M |
| Total Liabilities | $2.4M |
| Net Assets | $-492,644 |
| Operating Margin | 18.2% |
| Debt-to-Asset Ratio | 126.0% |
| Months of Reserves | 36.8 months |
Financial Health Grade: A
In 2015, Local 46 Cedar River Housing Corp reported a surplus of $138K with revenue exceeding expenses, holds 36.8 months of operating reserves (strong position), has a debt-to-asset ratio of 126.0% (high leverage).
Financial Trends
Over 5 years of filings (2011–2015), Local 46 Cedar River Housing Corp's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +4.8% | -3.5% | -0.3% |
| 2014 | +5.0% | -0.5% | -2.2% |
| 2013 | -3.4% | +4.4% | -3.5% |
| 2012 | -2.0% | -2.4% | -0.7% |
AI Analysis Pending
AI enrichment for Local 46 Cedar River Housing Corp has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Local 46 Cedar River Housing Corp with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $138K, with revenue exceeding expenses.
- Debt-to-asset ratio: 126.0%.
Frequently Asked Questions about Local 46 Cedar River Housing Corp
Is Local 46 Cedar River Housing Corp a legitimate charity?
Local 46 Cedar River Housing Corp (EIN: 421177040) is a registered tax-exempt nonprofit based in Iowa. It has 5 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Local 46 Cedar River Housing Corp spend its money?
Local 46 Cedar River Housing Corp reported its financials in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Local 46 Cedar River Housing Corp tax-deductible?
Local 46 Cedar River Housing Corp is registered as a tax-exempt nonprofit (EIN: 421177040). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Local 46 Cedar River Housing Corp located?
Local 46 Cedar River Housing Corp is headquartered in Waterloo, Iowa and files with the IRS under EIN 421177040.
How many years of IRS 990 filings does Local 46 Cedar River Housing Corp have?
Local 46 Cedar River Housing Corp has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Local 46 Cedar River Housing Corp showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Local 46 Cedar River Housing Corp's revenue has grown by 4.3%, moving from $724K to $755K. Total assets decreased by 6.6% over the same period, from $2.0M to $1.9M. Total functional expenses fell by 2.1%, from $631K to $618K. In its most recent filing year (2015), Local 46 Cedar River Housing Corp reported a surplus of $138K, with revenue exceeding expenses. The organization holds $2.4M in liabilities against $1.9M in assets (debt-to-asset ratio: 126.0%), resulting in net assets of $-492,644.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $755K | $618K | $1.9M | $2.4M | — | View 990 |
| 2014 | $721K | $640K | $1.9M | $2.5M | — | View 990 |
| 2013 | $686K | $643K | $1.9M | $2.7M | — | View 990 |
| 2012 | $710K | $616K | $2.0M | $2.8M | — | View 990 |
| 2011 | $724K | $631K | $2.0M | $2.9M | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $755K, expenses of $618K, and assets of $1.9M (revenue +4.8% year-over-year).
- 2014: Revenue of $721K, expenses of $640K, and assets of $1.9M (revenue +5.0% year-over-year).
- 2013: Revenue of $686K, expenses of $643K, and assets of $1.9M (revenue -3.4% year-over-year).
- 2012: Revenue of $710K, expenses of $616K, and assets of $2.0M (revenue -2.0% year-over-year).
- 2011: Revenue of $724K, expenses of $631K, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Local 46 Cedar River Housing Corp:
Data Sources and Methodology
This transparency report for Local 46 Cedar River Housing Corp 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.