Queens Bnai Brith Housing Developement Fund Co Inc
Queens Bnai Brith Housing maintains stable operations with declining assets and no executive compensation.
EIN: 112577741 · Flushing, NY · NTEE: L220 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.8M |
| Total Expenses | $3.8M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $3.7 |
| Net Assets | $-955,387 |
| Transparency Score | 95/100 |
Is Queens Bnai Brith Housing Developement Fund Co Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Queens Bnai Brith Housing Developement Fund Co Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Queens Bnai Brith Housing Developement Fund Co Inc
Queens Bnai Brith Housing Developement Fund Co Inc (EIN: 112577741) is a nonprofit organization based in Flushing, NY, classified under NTEE code L220. The organization reported total revenue of $3.8M and total assets of $4.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Queens Bnai Brith Housing Developement Fund Co Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Queens Bnai Brith Housing Developement Fund Co Inc is a mid-size nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.8M |
| Total Expenses | $3.8M |
| Surplus / Deficit | $-27,828 |
| Total Assets | $4.4M |
| Total Liabilities | $5.4M |
| Net Assets | $-955,387 |
| Operating Margin | -0.7% |
| Debt-to-Asset Ratio | 121.6% |
| Months of Reserves | 13.9 months |
Financial Health Grade: C
In 2024, Queens Bnai Brith Housing Developement Fund Co Inc reported a deficit of $28K with expenses exceeding revenue, holds 13.9 months of operating reserves (strong position), has a debt-to-asset ratio of 121.6% (high leverage).
Financial Trends
Over 13 years of filings (2012–2024), Queens Bnai Brith Housing Developement Fund Co Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +3.6% | +4.4% | -8.3% |
| 2023 | +1.4% | -0.4% | -8.5% |
| 2022 | +2.8% | +0.5% | -9.3% |
| 2021 | +1.4% | +3.4% | -11.0% |
| 2020 | +1.9% | -3.8% | -9.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
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 Queens Bnai Brith Housing Developement Fund Co Inc with a Mission Score of 95 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Queens Bnai Brith Housing Developement Fund Co Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $28K, with expenses exceeding revenue.
- Debt-to-asset ratio: 121.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation from the organization, which is highly favorable for a nonprofit of its size with annual revenues around $3.7 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 Queens Bnai Brith Housing Developement Fund Co Inc's IRS 990 filings:
- Consistent decline in assets over the past decade, from $10,188,121 in 201506 to $4,416,456 in 202406.
- Liabilities ($5,371,843 in 202406) consistently exceed assets ($4,416,456 in 202406), indicating a negative net asset position.
Strengths
The following positive indicators were identified for Queens Bnai Brith Housing Developement Fund Co Inc:
- Consistent reporting of 0% officer compensation, indicating high efficiency and dedication of funds to mission.
- Stable revenue generation, with latest revenue at $3,795,506.
- Expenses generally align with revenue, demonstrating operational control.
Frequently Asked Questions about Queens Bnai Brith Housing Developement Fund Co Inc
Is Queens Bnai Brith Housing Developement Fund Co Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Queens Bnai Brith Housing Developement Fund Co Inc (EIN: 112577741) some concerns. Mission Score: 95/100. 2 red flags identified, 3 strengths noted.
How does Queens Bnai Brith Housing Developement Fund Co Inc spend its money?
Queens Bnai Brith Housing Developement Fund Co Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Queens Bnai Brith Housing Developement Fund Co Inc tax-deductible?
Queens Bnai Brith Housing Developement Fund Co Inc is registered as a tax-exempt nonprofit (EIN: 112577741). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Queens Bnai Brith Housing Developement Fund Co Inc CEO make?
Queens Bnai Brith Housing Developement Fund Co Inc's highest-compensated officer earns $3.7 annually. The organization reported $3.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Queens Bnai Brith Housing Developement Fund Co Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Queens Bnai Brith Housing Developement Fund Co Inc is above average for NTEE category L220 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Queens Bnai Brith Housing Developement Fund Co Inc located?
Queens Bnai Brith Housing Developement Fund Co Inc is headquartered in Flushing, New York and files with the IRS under EIN 112577741. It is classified under NTEE code L220.
How many years of IRS 990 filings does Queens Bnai Brith Housing Developement Fund Co Inc have?
Queens Bnai Brith Housing Developement Fund Co 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 $3.8M in total revenue.
Is Queens Bnai Brith Housing Development Fund Co Inc financially stable?
The organization appears stable in its operations, with revenues generally covering expenses. However, the consistent decline in assets and liabilities over the past decade, from $10,188,121 in assets in 201506 to $4,416,456 in 202406, warrants further investigation to understand the underlying reasons for this trend.
How does the organization manage its assets and liabilities?
Both assets and liabilities have shown a steady decline over the past decade. In 202406, liabilities ($5,371,843) exceeded assets ($4,416,456), indicating a negative net asset position. This trend suggests a potential restructuring or divestment of properties, which should be clarified for a complete financial picture.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, indicating a highly efficient and transparent approach where no funds are allocated to executive salaries.
Filing History
IRS 990 filing history for Queens Bnai Brith Housing Developement Fund Co Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Queens Bnai Brith Housing Developement Fund Co Inc's revenue has grown by 19%, moving from $3.2M to $3.8M. Total assets decreased by 57.3% over the same period, from $10.3M to $4.4M. Total functional expenses rose by 37.8%, from $2.8M to $3.8M. In its most recent filing year (2024), Queens Bnai Brith Housing Developement Fund Co Inc reported a deficit of $28K, with expenses exceeding revenue. The organization holds $5.4M in liabilities against $4.4M in assets (debt-to-asset ratio: 121.6%), resulting in net assets of $-955,387.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $3.8M | $3.8M | $4.4M | $5.4M | — | View 990 |
| 2023 | $3.7M | $3.7M | $4.8M | $5.7M | — | View 990 |
| 2022 | $3.6M | $3.7M | $5.3M | $6.2M | — | View 990 |
| 2021 | $3.5M | $3.7M | $5.8M | $6.7M | — | View 990 |
| 2020 | $3.5M | $3.5M | $6.5M | $7.2M | — | View 990 |
| 2019 | $3.4M | $3.7M | $7.2M | $7.8M | — | View 990 |
| 2018 | $3.4M | $3.5M | $7.7M | $8.0M | — | View 990 |
| 2017 | $3.3M | $3.5M | $8.4M | $8.6M | — | View 990 |
| 2016 | $3.2M | $3.4M | $10.1M | $10.1M | — | View 990 |
| 2015 | $3.2M | $3.1M | $10.2M | $10.1M | — | View 990 |
| 2014 | $3.2M | $3.0M | $10.1M | $10.1M | — | View 990 |
| 2013 | $3.0M | $2.9M | $10.3M | $10.5M | — | View 990 |
| 2012 | $3.2M | $2.8M | $10.3M | $10.7M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $3.8M, expenses of $3.8M, and assets of $4.4M (revenue +3.6% year-over-year).
- 2023: Revenue of $3.7M, expenses of $3.7M, and assets of $4.8M (revenue +1.4% year-over-year).
- 2022: Revenue of $3.6M, expenses of $3.7M, and assets of $5.3M (revenue +2.8% year-over-year).
- 2021: Revenue of $3.5M, expenses of $3.7M, and assets of $5.8M (revenue +1.4% year-over-year).
- 2020: Revenue of $3.5M, expenses of $3.5M, and assets of $6.5M (revenue +1.9% year-over-year).
- 2019: Revenue of $3.4M, expenses of $3.7M, and assets of $7.2M (revenue +0.9% year-over-year).
- 2018: Revenue of $3.4M, expenses of $3.5M, and assets of $7.7M (revenue +1.5% year-over-year).
- 2017: Revenue of $3.3M, expenses of $3.5M, and assets of $8.4M (revenue +2.2% year-over-year).
- 2016: Revenue of $3.2M, expenses of $3.4M, and assets of $10.1M (revenue +0.4% year-over-year).
- 2015: Revenue of $3.2M, expenses of $3.1M, and assets of $10.2M (revenue +2.4% year-over-year).
- 2014: Revenue of $3.2M, expenses of $3.0M, and assets of $10.1M (revenue +5.8% year-over-year).
- 2013: Revenue of $3.0M, expenses of $2.9M, and assets of $10.3M (revenue -6.5% year-over-year).
- 2012: Revenue of $3.2M, expenses of $2.8M, and assets of $10.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Queens Bnai Brith Housing Developement Fund Co Inc:
Data Sources and Methodology
This transparency report for Queens Bnai Brith Housing Developement Fund Co 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.