Nehemiah Housing Corporation
Nehemiah Housing Corporation: Declining Revenue, High Administrative Costs
EIN: 222765537 · Middletown, CT · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Expenses | $432K |
| Program Spending | 60% |
| Net Assets | $1.5M |
| Transparency Score | 60/100 |
Is Nehemiah Housing Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nehemiah Housing Corporation directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Nehemiah Housing Corporation
Nehemiah Housing Corporation (EIN: 222765537) is a nonprofit organization based in Middletown, CT. 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 Nehemiah Housing Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nehemiah Housing Corporation is a small nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of -40.2%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $267K |
| Total Expenses | $432K |
| Surplus / Deficit | $-165,013 |
| Total Assets | $4.3M |
| Total Liabilities | $2.8M |
| Net Assets | $1.5M |
| Operating Margin | -61.9% |
| Debt-to-Asset Ratio | 64.6% |
| Months of Reserves | 119.6 months |
Financial Health Grade: C
In 2014, Nehemiah Housing Corporation reported a deficit of $165K with expenses exceeding revenue, holds 119.6 months of operating reserves (strong position), has a debt-to-asset ratio of 64.6% (high leverage).
Financial Trends
Over 4 years of filings (2011–2014), Nehemiah Housing Corporation's revenue has declined at a compound annual growth rate (CAGR) of -40.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -0.4% | +42.7% | -3.2% |
| 2013 | -45.2% | -22.7% | +116.1% |
| 2012 | -60.8% | -55.6% | -22.5% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Nehemiah Housing Corporation 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: 30%
- programs: 60%
- fundraising: 10%
According to IRS 990 filings, Nehemiah Housing Corporation allocates its expenses as follows: admin: 30%, programs: 60%, fundraising: 10%. Approximately 60% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $165K, with expenses exceeding revenue.
- Debt-to-asset ratio: 64.6%.
Executive Compensation Analysis
Executive compensation cannot be assessed without specific data on salaries, as the provided financial data does not include this detail.
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 Nehemiah Housing Corporation's IRS 990 filings:
- Revenue has significantly declined from $1,246,360 in 2011 to $266,721 in 2014.
- Administrative expenses appear high relative to revenue, for example, $431,734 in 2014 exceeded total revenue.
- The organization reported 0% compensation for its top executives in all provided years, which may indicate a lack of disclosure or an all-volunteer leadership structure, requiring further investigation.
Strengths
The following positive indicators were identified for Nehemiah Housing Corporation:
- The organization has consistently reported assets, indicating some financial stability despite revenue declines.
Frequently Asked Questions about Nehemiah Housing Corporation
Is Nehemiah Housing Corporation a legitimate charity?
Nehemiah Housing Corporation (EIN: 222765537) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 60/100. It has 4 years of IRS 990 filings on record. 3 red flags identified. 1 strength noted. Financial health grade: C.
How does Nehemiah Housing Corporation spend its money?
Nehemiah Housing Corporation directs 60% of its spending to programs and services. Fundraising costs 10%. This falls below the 65% benchmark.
Are donations to Nehemiah Housing Corporation tax-deductible?
Nehemiah Housing Corporation is registered as a tax-exempt nonprofit (EIN: 222765537). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Nehemiah Housing Corporation's spending goes to programs?
Nehemiah Housing Corporation directs 60% to programs, 10% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is Nehemiah Housing Corporation located?
Nehemiah Housing Corporation is headquartered in Middletown, Connecticut and files with the IRS under EIN 222765537.
How many years of IRS 990 filings does Nehemiah Housing Corporation have?
Nehemiah Housing Corporation has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
What does Nehemiah Housing Corporation do?
Nehemiah Housing Corporation is a nonprofit organization in the Unknown sector, located in Middletown, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Nehemiah Housing Corporation have?
Nehemiah Housing Corporation reported total revenue of N/A. Based on 4 IRS 990 filings on record.
What are Nehemiah Housing Corporation's total assets?
Nehemiah Housing Corporation holds total assets of N/A as reported in IRS 990 filings.
Where is Nehemiah Housing Corporation located?
Nehemiah Housing Corporation is based in Middletown, Connecticut.
What is Nehemiah Housing Corporation's EIN?
Nehemiah Housing Corporation's Employer Identification Number (EIN) is 222765537. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Nehemiah Housing Corporation?
Nehemiah Housing Corporation is classified under NTEE code Unknown (Unknown).
Is Nehemiah Housing Corporation a registered 501(c)(3)?
Nehemiah Housing Corporation appears in IRS records (EIN: 222765537). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Nehemiah Housing Corporation file IRS Form 990?
Yes, Nehemiah Housing Corporation has 4 IRS Form 990 filings on record. The most recent covers tax period 201412.
What was Nehemiah Housing Corporation's revenue in 2014?
In the 201412 filing period, Nehemiah Housing Corporation reported total revenue of $266,721, total expenses of $431,734, and net assets of $4,302,457.
Is Nehemiah Housing Corporation's revenue growing or declining?
Nehemiah Housing Corporation's revenue is relatively stable. Revenue went from $267,710 (201312) to $266,721 (201412), a -0.4% change. Based on 4 filings on record.
What is Nehemiah Housing Corporation's most recent 990 filing?
The most recent IRS Form 990 filing for Nehemiah Housing Corporation covers tax period 201412. It shows revenue of $266,721, expenses of $431,734, total assets of $4,302,457, and liabilities of $2,779,262.
How much does Nehemiah Housing Corporation spend on programs vs administration?
Based on IRS 990 analysis, Nehemiah Housing Corporation allocates approximately 60% of expenses to program services, 30% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Nehemiah Housing Corporation a trustworthy charity?
Based on AI analysis of IRS 990 data, Nehemiah Housing Corporation shows mixed signals. Mission Score: 60/100 (Good). 3 red flags identified. 1 strength noted.
What are the red flags for Nehemiah Housing Corporation?
The following concerns were identified: Revenue has significantly declined from $1,246,360 in 2011 to $266,721 in 2014.. Administrative expenses appear high relative to revenue, for example, $431,734 in 2014 exceeded total revenue.. The organization reported 0% compensation for its top executives in all provided years, which may indicate a lack of disclosure or an all-volunteer leadership structure, requiring further investigation.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Nehemiah Housing Corporation's strengths?
Positive indicators for Nehemiah Housing Corporation include: The organization has consistently reported assets, indicating some financial stability despite revenue declines.. These findings are derived from AI analysis of the organization's financial filings.
How does Nehemiah Housing Corporation compensate executives?
Executive compensation cannot be assessed without specific data on salaries, as the provided financial data does not include this detail. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the substantial decline in revenue and high administrative expenses, what is the long-term sustainability plan for Nehemiah Housing Corporation?
The provided data shows a drastic drop in revenue from $1,246,360 in 2011 to $266,721 in 2014, while administrative expenses remained significant (e.g., $431,734 in 2014). This trend suggests a critical need for a revised financial strategy to ensure the organization's continued operation and mission fulfillment.
Filing History
IRS 990 filing history for Nehemiah Housing Corporation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Nehemiah Housing Corporation's revenue has declined by 78.6%, moving from $1.2M to $267K. Total assets increased by 62.3% over the same period, from $2.7M to $4.3M. Total functional expenses fell by 51%, from $882K to $432K. In its most recent filing year (2014), Nehemiah Housing Corporation reported a deficit of $165K, with expenses exceeding revenue. The organization holds $2.8M in liabilities against $4.3M in assets (debt-to-asset ratio: 64.6%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $267K | $432K | $4.3M | $2.8M | — | View 990 |
| 2013 | $268K | $302K | $4.4M | $2.9M | — | View 990 |
| 2012 | $489K | $391K | $2.1M | $1.2M | — | View 990 |
| 2011 | $1.2M | $882K | $2.7M | $1.9M | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $267K, expenses of $432K, and assets of $4.3M (revenue -0.4% year-over-year).
- 2013: Revenue of $268K, expenses of $302K, and assets of $4.4M (revenue -45.2% year-over-year).
- 2012: Revenue of $489K, expenses of $391K, and assets of $2.1M (revenue -60.8% year-over-year).
- 2011: Revenue of $1.2M, expenses of $882K, and assets of $2.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nehemiah Housing Corporation:
Data Sources and Methodology
This transparency report for Nehemiah Housing Corporation 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.