Millingan Housing For Elderly & Handicaped Inc City View Apartment
EIN: 581454712 · Johnson City, TN · NTEE: L21Z
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $234K |
| Net Assets | $111K |
Is Millingan Housing For Elderly & Handicaped Inc City View Apartment Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Millingan Housing For Elderly & Handicaped Inc City View Apartment
Millingan Housing For Elderly & Handicaped Inc City View Apartment (EIN: 581454712) is a nonprofit organization based in Johnson City, TN, classified under NTEE code L21Z. The organization reported total revenue of $1.9M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Millingan Housing For Elderly & Handicaped Inc City View Apartment's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Millingan Housing For Elderly & Handicaped Inc City View Apartment is a mid-size nonprofit that has been operating for 44 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $291K |
| Total Expenses | $234K |
| Surplus / Deficit | +$57K |
| Total Assets | $589K |
| Total Liabilities | $478K |
| Net Assets | $111K |
| Operating Margin | 19.7% |
| Debt-to-Asset Ratio | 81.2% |
| Months of Reserves | 30.3 months |
Financial Health Grade: A
In 2022, Millingan Housing For Elderly & Handicaped Inc City View Apartment reported a surplus of $57K with revenue exceeding expenses, holds 30.3 months of operating reserves (strong position), has a debt-to-asset ratio of 81.2% (high leverage).
Financial Trends
Over 12 years of filings (2011–2022), Millingan Housing For Elderly & Handicaped Inc City View Apartment's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +3.7% | +7.5% | -0.4% |
| 2021 | +1.2% | +2.1% | -5.4% |
| 2020 | +4.6% | +0.3% | +4.7% |
| 2019 | +1.1% | +12.8% | +5.3% |
| 2018 | -1.7% | +7.2% | +4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Millingan Housing For Elderly & Handicaped Inc City View Apartment 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 Millingan Housing For Elderly & Handicaped Inc City View Apartment 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $57K, with revenue exceeding expenses.
- Debt-to-asset ratio: 81.2%.
Frequently Asked Questions about Millingan Housing For Elderly & Handicaped Inc City View Apartment
Is Millingan Housing For Elderly & Handicaped Inc City View Apartment a legitimate charity?
Millingan Housing For Elderly & Handicaped Inc City View Apartment (EIN: 581454712) is a registered tax-exempt nonprofit based in Tennessee. It has 12 years of IRS 990 filings on record. Total revenue: $1.9M. No red flags identified. Financial health grade: A.
How does Millingan Housing For Elderly & Handicaped Inc City View Apartment spend its money?
Millingan Housing For Elderly & Handicaped Inc City View Apartment reported $1.9M in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Millingan Housing For Elderly & Handicaped Inc City View Apartment tax-deductible?
Millingan Housing For Elderly & Handicaped Inc City View Apartment is registered as a tax-exempt nonprofit (EIN: 581454712). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Millingan Housing For Elderly & Handicaped Inc City View Apartment located?
Millingan Housing For Elderly & Handicaped Inc City View Apartment is headquartered in Johnson City, Tennessee and files with the IRS under EIN 581454712. It is classified under NTEE code L21Z.
How many years of IRS 990 filings does Millingan Housing For Elderly & Handicaped Inc City View Apartment have?
Millingan Housing For Elderly & Handicaped Inc City View Apartment has 12 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.
Filing History
IRS 990 filing history for Millingan Housing For Elderly & Handicaped Inc City View Apartment showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Millingan Housing For Elderly & Handicaped Inc City View Apartment's revenue has grown by 14.4%, moving from $254K to $291K. Total assets increased by 75.3% over the same period, from $336K to $589K. Total functional expenses fell by 4.5%, from $245K to $234K. In its most recent filing year (2022), Millingan Housing For Elderly & Handicaped Inc City View Apartment reported a surplus of $57K, with revenue exceeding expenses. The organization holds $478K in liabilities against $589K in assets (debt-to-asset ratio: 81.2%), resulting in net assets of $111K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $291K | $234K | $589K | $478K | — | View 990 |
| 2021 | $280K | $217K | $592K | $538K | — | View 990 |
| 2020 | $277K | $213K | $625K | $639K | — | — |
| 2019 | $265K | $212K | $597K | $675K | — | View 990 |
| 2018 | $262K | $188K | $567K | $698K | — | View 990 |
| 2017 | $266K | $175K | $543K | $747K | — | View 990 |
| 2016 | $222K | $194K | $496K | $791K | — | View 990 |
| 2015 | $244K | $201K | $238K | $562K | — | View 990 |
| 2014 | $247K | $205K | $255K | $622K | — | View 990 |
| 2013 | $236K | $219K | $263K | $672K | — | View 990 |
| 2012 | $249K | $242K | $303K | $729K | — | View 990 |
| 2011 | $254K | $245K | $336K | $770K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $291K, expenses of $234K, and assets of $589K (revenue +3.7% year-over-year).
- 2021: Revenue of $280K, expenses of $217K, and assets of $592K (revenue +1.2% year-over-year).
- 2020: Revenue of $277K, expenses of $213K, and assets of $625K (revenue +4.6% year-over-year).
- 2019: Revenue of $265K, expenses of $212K, and assets of $597K (revenue +1.1% year-over-year).
- 2018: Revenue of $262K, expenses of $188K, and assets of $567K (revenue -1.7% year-over-year).
- 2017: Revenue of $266K, expenses of $175K, and assets of $543K (revenue +19.9% year-over-year).
- 2016: Revenue of $222K, expenses of $194K, and assets of $496K (revenue -9.0% year-over-year).
- 2015: Revenue of $244K, expenses of $201K, and assets of $238K (revenue -1.0% year-over-year).
- 2014: Revenue of $247K, expenses of $205K, and assets of $255K (revenue +4.7% year-over-year).
- 2013: Revenue of $236K, expenses of $219K, and assets of $263K (revenue -5.4% year-over-year).
- 2012: Revenue of $249K, expenses of $242K, and assets of $303K (revenue -2.1% year-over-year).
- 2011: Revenue of $254K, expenses of $245K, and assets of $336K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Millingan Housing For Elderly & Handicaped Inc City View Apartment:
Data Sources and Methodology
This transparency report for Millingan Housing For Elderly & Handicaped Inc City View Apartment 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.