Regional Economic Community Action Program Inc
Regional Economic Community Action Program Inc maintains stable finances with consistent revenue and assets, reporting 0% officer compensation.
EIN: 141493667 · Middletown, NY · NTEE: P34Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12.8M |
| Total Expenses | $10.9M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $10M |
| Net Assets | $4.3M |
| Transparency Score | 80/100 |
Search Intent Cockpit
Regional Economic Community Action Program Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Regional Economic Community Action Program Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Regional Economic Community Action Program Inc in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $10.9M and expenses of $10.9M.
Revenue and Expenses
Regional Economic Community Action Program Inc reported $10.9M in revenue and $10.9M in expenses, a deficit of $38K.
Executive Compensation
Top officer compensation appears as $10M in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
80/100 mission score, 2 red flags, and 5 strengths are shown from structured and AI review.
Is Regional Economic Community Action Program Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $9.3M (85%) |
Across stored filings, Regional Economic Community Action Program Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 85% to programs | Excellent |
| Financial durability | Grade C | 13 stored filing years |
| Peer context | Compare with Healthy Capital District Initiative | New York and Human Services context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Healthy Capital District Initiative →All New York nonprofits
All Human Services
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Middletown, NY nonprofitsHuman Services in New York
Human Services in New York
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Human Services spending
Best Human Services charities in New York
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Alternative Shopping
Similar Nonprofits Donors Should Compare
Skowhegan School Of Painting And Sculpture Inc
New York, NY · $20.8M revenue · Score 90/100
Compare side-by-sideGarrison Institute
Garrison, NY · $4.1M revenue · Score 90/100
Compare side-by-sideGreater Rochester Enterprise Foundation Inc
Rochester, NY · $2.0M revenue · Score 90/100
Compare side-by-sideGreater Rochester Enterprise Inc
Rochester, NY · $2.3M revenue · Score 88/100
Compare side-by-sideNext Best Actions
Keep the Investigation Moving
Regional Economic Community Action Program Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Regional Economic Community Action Program Inc
Regional Economic Community Action Program Inc (EIN: 141493667) is a nonprofit organization based in Middletown, NY, classified under NTEE code P34Z. The organization reported total revenue of $12.8M and total assets of $10.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Regional Economic Community Action Program Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Regional Economic Community Action Program Inc is a large nonprofit that has been operating for 59 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.9M |
| Total Expenses | $10.9M |
| Surplus / Deficit | $-38,413 |
| Total Assets | $8.7M |
| Total Liabilities | $4.4M |
| Net Assets | $4.3M |
| Operating Margin | -0.4% |
| Debt-to-Asset Ratio | 50.8% |
| Months of Reserves | 9.5 months |
Financial Health Grade: C
In 2023, Regional Economic Community Action Program Inc reported a deficit of $38K with expenses exceeding revenue, holds 9.5 months of operating reserves (strong position), has a debt-to-asset ratio of 50.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Regional Economic Community Action Program Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.3% | +15.3% | -4.9% |
| 2022 | -2.2% | +1.1% | +4.4% |
| 2021 | +7.8% | -4.5% | +13.1% |
| 2020 | +8.7% | +7.2% | -2.2% |
| 2019 | +0.6% | +11.4% | -7.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1967 |
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 Regional Economic Community Action Program Inc with a Mission Score of 80 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, Regional Economic Community Action Program Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $38K, with expenses exceeding revenue.
- Debt-to-asset ratio: 50.8%.
Executive Compensation Analysis
The consistent reporting of 0% for Officer Compensation across all available filings is unusual for an organization of this size ($10M+ annual revenue). This suggests either that executive compensation is not reported in this specific field, is included within general salary expenses, or that officers are genuinely unpaid, which would be highly efficient.
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 Regional Economic Community Action Program Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided summary data
- Unclear executive compensation reporting (0% officer comp requires further investigation)
Strengths
The following positive indicators were identified for Regional Economic Community Action Program Inc:
- Consistent revenue generation and growth (from $7.1M in 2017 to $10.8M in 2023)
- Healthy and growing asset base ($6.7M in 2014 to $8.6M in 2023)
- Long operational history (13 filings provided)
- Positive net assets (Assets consistently exceed Liabilities, e.g., $8.6M assets vs $4.3M liabilities in 2023)
- Mission-aligned NTEE code (P34Z - Community Development Corporations)
Frequently Asked Questions about Regional Economic Community Action Program Inc
Is Regional Economic Community Action Program Inc a legitimate charity?
Regional Economic Community Action Program Inc (EIN: 141493667) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 80/100. It has 13 years of IRS 990 filings on record. Total revenue: $12.8M. 2 red flags identified. 5 strengths noted. Financial health grade: C.
How does Regional Economic Community Action Program Inc spend its money?
Regional Economic Community Action Program Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Regional Economic Community Action Program Inc tax-deductible?
Regional Economic Community Action Program Inc is registered as a tax-exempt nonprofit (EIN: 141493667). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Regional Economic Community Action Program Inc CEO make?
Regional Economic Community Action Program Inc's highest-compensated officer earns $10M annually. The organization reported $12.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Regional Economic Community Action Program Inc's spending goes to programs?
Regional Economic Community Action Program Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Regional Economic Community Action Program Inc compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Regional Economic Community Action Program Inc is above average for NTEE category P34Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Regional Economic Community Action Program Inc located?
Regional Economic Community Action Program Inc is headquartered in Middletown, New York and files with the IRS under EIN 141493667. It is classified under NTEE code P34Z.
How many years of IRS 990 filings does Regional Economic Community Action Program Inc have?
Regional Economic Community Action Program 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 $12.8M in total revenue.
Is Regional Economic Community Action Program Inc a good charity?
Based on the available data, RECAP appears to be a financially stable organization with a long operational history and consistent revenue generation. The reported 0% officer compensation is a positive indicator of potential efficiency, though a full 990 review would clarify executive pay. Its mission as a Community Action Program suggests direct community benefit.
How does RECAP's financial health compare to similar nonprofits?
RECAP demonstrates consistent revenue growth from $7.1M in 2017 to $10.8M in 2023, and a healthy asset base of $8.6M in 2023. This indicates strong financial stability and capacity, which generally compares favorably to many nonprofits of similar scale.
What is the trend in RECAP's assets and liabilities?
RECAP's assets have shown a general upward trend, from $6.7M in 2014 to $8.6M in 2023, indicating growth in its financial base. Liabilities have fluctuated but remained manageable relative to assets, with a liabilities-to-assets ratio of approximately 0.5 in 2023 ($4.3M liabilities / $8.6M assets).
What does 'Officer Comp=0%' mean for RECAP?
The 'Officer Comp=0%' reported across all filings is a significant data point. It could mean that the organization's top executives are unpaid volunteers, or more commonly, that their compensation is categorized under general salaries and wages rather than specifically as 'officer compensation' in the summarized data. A full IRS 990 would be needed to determine the actual compensation of key employees.
Filing History
IRS 990 filing history for Regional Economic Community Action Program Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Regional Economic Community Action Program Inc's revenue has grown by 4.2%, moving from $10.4M to $10.9M. Total assets decreased by 0% over the same period, from $8.7M to $8.7M. Total functional expenses rose by 2.4%, from $10.7M to $10.9M. In its most recent filing year (2023), Regional Economic Community Action Program Inc reported a deficit of $38K, with expenses exceeding revenue. The organization holds $4.4M in liabilities against $8.7M in assets (debt-to-asset ratio: 50.8%), resulting in net assets of $4.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10.9M | $10.9M | $8.7M | $4.4M | — | View 990 |
| 2022 | $10.0M | $9.5M | $9.1M | $4.7M | — | View 990 |
| 2021 | $10.3M | $9.4M | $8.7M | $4.9M | — | View 990 |
| 2020 | $9.5M | $9.8M | $7.7M | $4.8M | — | View 990 |
| 2019 | $8.8M | $9.2M | $7.9M | $4.7M | — | View 990 |
| 2018 | $8.7M | $8.2M | $8.5M | $4.9M | — | View 990 |
| 2017 | $7.2M | $7.7M | $9.1M | $5.9M | — | View 990 |
| 2016 | $7.8M | $7.9M | $8.4M | $4.4M | — | View 990 |
| 2015 | $8.6M | $7.9M | $7.4M | $3.4M | — | View 990 |
| 2014 | $7.9M | $8.3M | $6.7M | $3.5M | — | View 990 |
| 2013 | $8.6M | $8.7M | $7.5M | $3.9M | — | View 990 |
| 2012 | $11.7M | $11.4M | $8.6M | $4.8M | — | View 990 |
| 2011 | $10.4M | $10.7M | $8.7M | $5.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.9M, expenses of $10.9M, and assets of $8.7M (revenue +8.3% year-over-year).
- 2022: Revenue of $10.0M, expenses of $9.5M, and assets of $9.1M (revenue -2.2% year-over-year).
- 2021: Revenue of $10.3M, expenses of $9.4M, and assets of $8.7M (revenue +7.8% year-over-year).
- 2020: Revenue of $9.5M, expenses of $9.8M, and assets of $7.7M (revenue +8.7% year-over-year).
- 2019: Revenue of $8.8M, expenses of $9.2M, and assets of $7.9M (revenue +0.6% year-over-year).
- 2018: Revenue of $8.7M, expenses of $8.2M, and assets of $8.5M (revenue +21.0% year-over-year).
- 2017: Revenue of $7.2M, expenses of $7.7M, and assets of $9.1M (revenue -7.9% year-over-year).
- 2016: Revenue of $7.8M, expenses of $7.9M, and assets of $8.4M (revenue -9.5% year-over-year).
- 2015: Revenue of $8.6M, expenses of $7.9M, and assets of $7.4M (revenue +9.4% year-over-year).
- 2014: Revenue of $7.9M, expenses of $8.3M, and assets of $6.7M (revenue -7.8% year-over-year).
- 2013: Revenue of $8.6M, expenses of $8.7M, and assets of $7.5M (revenue -26.6% year-over-year).
- 2012: Revenue of $11.7M, expenses of $11.4M, and assets of $8.6M (revenue +11.6% year-over-year).
- 2011: Revenue of $10.4M, expenses of $10.7M, and assets of $8.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Regional Economic Community Action Program Inc:
Data Sources and Methodology
This transparency report for Regional Economic Community Action Program 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.