Regina Pacis Housing Corp
Regina Pacis Housing Corp consistently generates operating surpluses with no reported officer compensation.
EIN: 112296115 · Queens Vlg, NY · NTEE: L22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.4M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1.8 |
| Net Assets | $2.0M |
| Transparency Score | 90/100 |
Is Regina Pacis Housing Corp Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Regina Pacis Housing Corp directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Regina Pacis Housing Corp
Regina Pacis Housing Corp (EIN: 112296115) is a nonprofit organization based in Queens Vlg, NY, classified under NTEE code L22. The organization reported total revenue of $1.8M and total assets of $3.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Regina Pacis Housing Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Regina Pacis Housing Corp is a mid-size nonprofit that has been operating for 10 years, with 3 years of IRS 990 filings on record (2015–2017). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$339K |
| Total Assets | $3.4M |
| Total Liabilities | $1.5M |
| Net Assets | $2.0M |
| Operating Margin | 19.1% |
| Debt-to-Asset Ratio | 43.0% |
| Months of Reserves | 28.7 months |
Financial Health Grade: A
In 2017, Regina Pacis Housing Corp reported a surplus of $339K with revenue exceeding expenses, holds 28.7 months of operating reserves (strong position), has a debt-to-asset ratio of 43.0% (moderate leverage).
Financial Trends
Over 3 years of filings (2015–2017), Regina Pacis Housing Corp's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +6.5% | -3.7% | +0.7% |
| 2016 | -0.7% | -1.0% | -5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
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 Regina Pacis Housing Corp with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Regina Pacis Housing Corp allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $339K, with revenue exceeding expenses.
- Debt-to-asset ratio: 43.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all three filings, indicating that no officers received compensation, which is highly unusual for an organization with nearly $1.8 million in annual revenue and suggests a strong volunteer leadership model or alternative compensation structures.
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 Regina Pacis Housing Corp's IRS 990 filings:
- Unusually low or zero reported officer compensation for an organization of this size, which might warrant further investigation into how leadership is compensated or if services are entirely volunteer-driven.
Strengths
The following positive indicators were identified for Regina Pacis Housing Corp:
- Consistent operating surpluses, with revenue exceeding expenses in all reported periods.
- Significant reduction in liabilities over the three-year period, improving financial stability.
- Reported 0% officer compensation, indicating a strong commitment to mission and efficient use of funds.
- Stable asset base, suggesting sound long-term financial management.
- Clear alignment between organization name and NTEE code (Housing Development, Construction & Management).
Frequently Asked Questions about Regina Pacis Housing Corp
Is Regina Pacis Housing Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Regina Pacis Housing Corp (EIN: 112296115) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Regina Pacis Housing Corp spend its money?
Regina Pacis Housing Corp directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Regina Pacis Housing Corp tax-deductible?
Regina Pacis Housing Corp is registered as a tax-exempt nonprofit (EIN: 112296115). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Regina Pacis Housing Corp CEO make?
Regina Pacis Housing Corp's highest-compensated officer earns $1.8 annually. The organization reported $1.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Regina Pacis Housing Corp's spending goes to programs?
Regina Pacis Housing Corp directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Regina Pacis Housing Corp compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Regina Pacis Housing Corp is above average for NTEE category L22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Regina Pacis Housing Corp located?
Regina Pacis Housing Corp is headquartered in Queens Vlg, New York and files with the IRS under EIN 112296115. It is classified under NTEE code L22.
How many years of IRS 990 filings does Regina Pacis Housing Corp have?
Regina Pacis Housing Corp has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $1.8M in total revenue.
Is Regina Pacis Housing Corp a good charity?
Based on the provided data, Regina Pacis Housing Corp appears to be a good charity. It consistently generates operating surpluses, has reduced its liabilities, and reports 0% officer compensation, indicating strong financial management and a high dedication to its mission.
How does Regina Pacis Housing Corp manage its finances?
The organization manages its finances effectively, consistently generating more revenue than expenses (e.g., $1,776,689 revenue vs. $1,437,697 expenses in 2017). It has also successfully reduced its liabilities from $2,180,978 in 2015 to $1,482,423 in 2017, improving its balance sheet.
What is the trend in Regina Pacis Housing Corp's assets and liabilities?
Assets have remained relatively stable around $3.4 million over the three periods. Liabilities have shown a positive downward trend, decreasing from $2,180,978 in 2015 to $1,482,423 in 2017, which strengthens the organization's financial position.
Filing History
IRS 990 filing history for Regina Pacis Housing Corp showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2015–2017), Regina Pacis Housing Corp's revenue has grown by 5.7%, moving from $1.7M to $1.8M. Total assets decreased by 5% over the same period, from $3.6M to $3.4M. Total functional expenses fell by 4.6%, from $1.5M to $1.4M. In its most recent filing year (2017), Regina Pacis Housing Corp reported a surplus of $339K, with revenue exceeding expenses. The organization holds $1.5M in liabilities against $3.4M in assets (debt-to-asset ratio: 43.0%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $1.8M | $1.4M | $3.4M | $1.5M | — | View 990 |
| 2016 | $1.7M | $1.5M | $3.4M | $1.8M | — | — |
| 2015 | $1.7M | $1.5M | $3.6M | $2.2M | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $1.8M, expenses of $1.4M, and assets of $3.4M (revenue +6.5% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.5M, and assets of $3.4M (revenue -0.7% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.5M, and assets of $3.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Regina Pacis Housing Corp:
Data Sources and Methodology
This transparency report for Regina Pacis 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.