Region 9 Uaw Housing Corporation

Is Region 9 Uaw Housing Corporation Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Region 9 Uaw Housing Corporation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Region 9 Uaw Housing Corporation

Region 9 Uaw Housing Corporation (EIN: 221945368) is a nonprofit organization based in New Brunswick, NJ, classified under NTEE code L200. The organization reported total revenue of $5.5M and total assets of $42.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Region 9 Uaw Housing Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Region 9 Uaw Housing Corporation with a Mission Score of 85 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: 5%
• programs: 90%
• fundraising: 5%

According to IRS 990 filings, Region 9 Uaw Housing Corporation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as $0 across all available filings, suggesting either an all-volunteer executive team or compensation is embedded within other operational expenses, which warrants further investigation.

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 Region 9 Uaw Housing Corporation's IRS 990 filings:

• Consistent reporting of $0 for compensation may obscure actual executive benefits or salaries if they are categorized differently.
• Lack of detailed narrative on program impact in publicly available financial documents.

Strengths

The following positive indicators were identified for Region 9 Uaw Housing Corporation:

• Strong asset base, consistently above $35 million, indicating financial stability.
• High percentage of expenses dedicated to programs (approximately 90% based on total expenses vs. revenue trends), suggesting efficient use of funds for its mission.
• Consistent revenue generation, with recent years showing over $5 million in revenue.

Frequently Asked Questions about Region 9 Uaw Housing Corporation

Filing History

IRS 990 filing history for Region 9 Uaw Housing Corporation showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Region 9 Uaw Housing Corporation's revenue has grown by 318%, moving from $1.7M to $7.2M. Total assets increased by 56.5% over the same period, from $26.3M to $41.2M. Total functional expenses rose by 358.6%, from $976K to $4.5M. In its most recent filing year (2023), Region 9 Uaw Housing Corporation reported a surplus of $2.7M, with revenue exceeding expenses. The organization holds $913K in liabilities against $41.2M in assets (debt-to-asset ratio: 2.2%), resulting in net assets of $40.3M.

Year-by-Year Financial Summary

• 2023: Revenue of $7.2M, expenses of $4.5M, and assets of $41.2M (revenue +35.3% year-over-year).
• 2022: Revenue of $5.3M, expenses of $4.4M, and assets of $38.1M (revenue -10.6% year-over-year).
• 2021: Revenue of $5.9M, expenses of $4.2M, and assets of $37.5M (revenue +57.1% year-over-year).
• 2020: Revenue of $3.8M, expenses of $4.1M, and assets of $35.7M (revenue -12.7% year-over-year).
• 2019: Revenue of $4.3M, expenses of $4.1M, and assets of $36.0M (revenue +95.9% year-over-year).
• 2018: Revenue of $2.2M, expenses of $2.8M, and assets of $35.3M (revenue -47.5% year-over-year).
• 2017: Revenue of $4.2M, expenses of $2.1M, and assets of $35.6M (revenue +75.8% year-over-year).
• 2016: Revenue of $2.4M, expenses of $2.2M, and assets of $33.4M (revenue -5.8% year-over-year).
• 2015: Revenue of $2.5M, expenses of $1.4M, and assets of $33.2M (revenue -14.6% year-over-year).
• 2014: Revenue of $3.0M, expenses of $1.6M, and assets of $32.6M (revenue -7.9% year-over-year).
• 2013: Revenue of $3.2M, expenses of $1.2M, and assets of $31.3M (revenue -13.2% year-over-year).
• 2012: Revenue of $3.7M, expenses of $1.1M, and assets of $29.0M (revenue +117.1% year-over-year).
• 2011: Revenue of $1.7M, expenses of $976K, and assets of $26.3M.

Data Sources and Methodology

This transparency report for Region 9 Uaw 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.