Regional Housing Network Of Massachusetts Inc
EIN: 43190773 · Boston, MA · NTEE: L99
| Metric | Value |
|---|---|
| Total Revenue | $389K |
| Total Expenses | $376K |
| Net Assets | $252K |
Is Regional Housing Network Of Massachusetts Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Regional Housing Network Of Massachusetts Inc
Regional Housing Network Of Massachusetts Inc (EIN: 43190773) is a nonprofit organization based in Boston, MA, classified under NTEE code L99. The organization reported total revenue of $389K and total assets of $343K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Regional Housing Network Of Massachusetts Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Regional Housing Network Of Massachusetts Inc is a small nonprofit that has been operating for 32 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $389K |
| Total Expenses | $376K |
| Surplus / Deficit | +$13K |
| Total Assets | $302K |
| Total Liabilities | $50K |
| Net Assets | $252K |
| Operating Margin | 3.2% |
| Debt-to-Asset Ratio | 16.6% |
| Months of Reserves | 9.6 months |
Financial Health Grade: A
In 2024, Regional Housing Network Of Massachusetts Inc reported a surplus of $13K with revenue exceeding expenses, holds 9.6 months of operating reserves (strong position), has a debt-to-asset ratio of 16.6% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Regional Housing Network Of Massachusetts Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -10.4% | +5.7% | -8.6% |
| 2023 | -86.7% | -89.0% | +41.9% |
| 2022 | +731.3% | +930.8% | +10.4% |
| 2021 | +54.6% | +24.6% | +128.1% |
| 2020 | -27.5% | -31.0% | -71.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Regional Housing Network Of Massachusetts Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Regional Housing Network Of Massachusetts Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $13K, with revenue exceeding expenses.
- Debt-to-asset ratio: 16.6%.
Frequently Asked Questions about Regional Housing Network Of Massachusetts Inc
Is Regional Housing Network Of Massachusetts Inc a legitimate charity?
Regional Housing Network Of Massachusetts Inc (EIN: 43190773) is a registered tax-exempt nonprofit based in Massachusetts. It has 14 years of IRS 990 filings on record. Total revenue: $389K. No red flags identified. Financial health grade: A.
How does Regional Housing Network Of Massachusetts Inc spend its money?
Regional Housing Network Of Massachusetts Inc reported $389K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Regional Housing Network Of Massachusetts Inc tax-deductible?
Regional Housing Network Of Massachusetts Inc is registered as a tax-exempt nonprofit (EIN: 43190773). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Regional Housing Network Of Massachusetts Inc located?
Regional Housing Network Of Massachusetts Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 43190773. It is classified under NTEE code L99.
How many years of IRS 990 filings does Regional Housing Network Of Massachusetts Inc have?
Regional Housing Network Of Massachusetts Inc has 14 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 $389K in total revenue.
Filing History
IRS 990 filing history for Regional Housing Network Of Massachusetts Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Regional Housing Network Of Massachusetts Inc's revenue has grown by 38.6%, moving from $281K to $389K. Total assets increased by 265.3% over the same period, from $83K to $302K. Total functional expenses rose by 35.9%, from $277K to $376K. In its most recent filing year (2024), Regional Housing Network Of Massachusetts Inc reported a surplus of $13K, with revenue exceeding expenses. The organization holds $50K in liabilities against $302K in assets (debt-to-asset ratio: 16.6%), resulting in net assets of $252K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $389K | $376K | $302K | $50K | — | — |
| 2023 | $434K | $356K | $331K | $91K | — | View 990 |
| 2022 | $3.3M | $3.2M | $233K | $71K | — | View 990 |
| 2021 | $392K | $313K | $211K | $78K | — | View 990 |
| 2020 | $253K | $251K | $93K | $38K | — | View 990 |
| 2019 | $349K | $365K | $323K | $270K | — | View 990 |
| 2018 | $399K | $366K | $120K | $52K | — | View 990 |
| 2017 | $370K | $337K | $95K | $60K | — | View 990 |
| 2016 | $360K | $348K | $95K | $93K | — | View 990 |
| 2015 | $256K | $292K | $45K | $55K | — | View 990 |
| 2014 | $343K | $320K | $57K | $31K | — | View 990 |
| 2013 | $281K | $280K | $83K | $80K | — | View 990 |
| 2012 | $300K | $298K | $106K | $104K | — | View 990 |
| 2011 | $281K | $277K | $83K | $83K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $389K, expenses of $376K, and assets of $302K (revenue -10.4% year-over-year).
- 2023: Revenue of $434K, expenses of $356K, and assets of $331K (revenue -86.7% year-over-year).
- 2022: Revenue of $3.3M, expenses of $3.2M, and assets of $233K (revenue +731.3% year-over-year).
- 2021: Revenue of $392K, expenses of $313K, and assets of $211K (revenue +54.6% year-over-year).
- 2020: Revenue of $253K, expenses of $251K, and assets of $93K (revenue -27.5% year-over-year).
- 2019: Revenue of $349K, expenses of $365K, and assets of $323K (revenue -12.5% year-over-year).
- 2018: Revenue of $399K, expenses of $366K, and assets of $120K (revenue +7.9% year-over-year).
- 2017: Revenue of $370K, expenses of $337K, and assets of $95K (revenue +2.8% year-over-year).
- 2016: Revenue of $360K, expenses of $348K, and assets of $95K (revenue +40.4% year-over-year).
- 2015: Revenue of $256K, expenses of $292K, and assets of $45K (revenue -25.3% year-over-year).
- 2014: Revenue of $343K, expenses of $320K, and assets of $57K (revenue +22.2% year-over-year).
- 2013: Revenue of $281K, expenses of $280K, and assets of $83K (revenue -6.4% year-over-year).
- 2012: Revenue of $300K, expenses of $298K, and assets of $106K (revenue +7.1% year-over-year).
- 2011: Revenue of $281K, expenses of $277K, and assets of $83K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Regional Housing Network Of Massachusetts Inc:
Data Sources and Methodology
This transparency report for Regional Housing Network Of Massachusetts 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.