Retiree Housing Of Cedar Rapids Inc
EIN: 363594184 · Lyndhurst, OH · NTEE: L22Z
| Metric | Value |
|---|---|
| Total Revenue | $358K |
| Total Expenses | $262K |
| Net Assets | $155K |
Is Retiree Housing Of Cedar Rapids Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Retiree Housing Of Cedar Rapids Inc
Retiree Housing Of Cedar Rapids Inc (EIN: 363594184) is a nonprofit organization based in Lyndhurst, OH, classified under NTEE code L22Z. The organization reported total revenue of $358K and total assets of $879K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Retiree Housing Of Cedar Rapids Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Retiree Housing Of Cedar Rapids Inc is a small nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 3.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $352K |
| Total Expenses | $262K |
| Surplus / Deficit | +$89K |
| Total Assets | $842K |
| Total Liabilities | $687K |
| Net Assets | $155K |
| Operating Margin | 25.3% |
| Debt-to-Asset Ratio | 81.6% |
| Months of Reserves | 38.5 months |
Financial Health Grade: A
In 2024, Retiree Housing Of Cedar Rapids Inc reported a surplus of $89K with revenue exceeding expenses, holds 38.5 months of operating reserves (strong position), has a debt-to-asset ratio of 81.6% (high leverage).
Financial Trends
Over 13 years of filings (2012–2024), Retiree Housing Of Cedar Rapids Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +11.1% | -5.6% | +6.2% |
| 2023 | -13.9% | -2.7% | -1.7% |
| 2022 | +29.6% | +15.0% | -9.1% |
| 2021 | -1.5% | +5.7% | -3.5% |
| 2020 | +0.9% | +3.6% | +21.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Retiree Housing Of Cedar Rapids 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 Retiree Housing Of Cedar Rapids 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 $89K, with revenue exceeding expenses.
- Debt-to-asset ratio: 81.6%.
Frequently Asked Questions about Retiree Housing Of Cedar Rapids Inc
Is Retiree Housing Of Cedar Rapids Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Retiree Housing Of Cedar Rapids Inc (EIN: 363594184) insufficient data. 0 red flags identified, 0 strengths noted.
How does Retiree Housing Of Cedar Rapids Inc spend its money?
Detailed spending breakdown data is not yet available for Retiree Housing Of Cedar Rapids Inc. Check back for updated IRS 990 analysis.
Are donations to Retiree Housing Of Cedar Rapids Inc tax-deductible?
Retiree Housing Of Cedar Rapids Inc is registered as a tax-exempt nonprofit (EIN: 363594184). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Retiree Housing Of Cedar Rapids Inc located?
Retiree Housing Of Cedar Rapids Inc is headquartered in Lyndhurst, Ohio and files with the IRS under EIN 363594184. It is classified under NTEE code L22Z.
How many years of IRS 990 filings does Retiree Housing Of Cedar Rapids Inc have?
Retiree Housing Of Cedar Rapids 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 $358K in total revenue.
Filing History
IRS 990 filing history for Retiree Housing Of Cedar Rapids Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Retiree Housing Of Cedar Rapids Inc's revenue has grown by 48.9%, moving from $236K to $352K. Total assets increased by 11.9% over the same period, from $753K to $842K. Total functional expenses rose by 10.6%, from $237K to $262K. In its most recent filing year (2024), Retiree Housing Of Cedar Rapids Inc reported a surplus of $89K, with revenue exceeding expenses. The organization holds $687K in liabilities against $842K in assets (debt-to-asset ratio: 81.6%), resulting in net assets of $155K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $352K | $262K | $842K | $687K | — | — |
| 2023 | $316K | $278K | $793K | $727K | — | — |
| 2022 | $368K | $286K | $806K | $779K | — | View 990 |
| 2021 | $284K | $248K | $887K | $941K | — | View 990 |
| 2020 | $288K | $235K | $919K | $1.0M | — | View 990 |
| 2019 | $285K | $227K | $754K | $897K | — | View 990 |
| 2018 | $275K | $221K | $738K | $939K | — | View 990 |
| 2017 | $270K | $225K | $724K | $978K | — | View 990 |
| 2016 | $269K | $231K | $716K | $1.0M | — | View 990 |
| 2015 | $277K | $236K | $708K | $1.0M | — | View 990 |
| 2014 | $235K | $233K | $719K | $1.1M | — | View 990 |
| 2013 | $246K | $239K | $728K | $1.1M | — | View 990 |
| 2012 | $236K | $237K | $753K | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $352K, expenses of $262K, and assets of $842K (revenue +11.1% year-over-year).
- 2023: Revenue of $316K, expenses of $278K, and assets of $793K (revenue -13.9% year-over-year).
- 2022: Revenue of $368K, expenses of $286K, and assets of $806K (revenue +29.6% year-over-year).
- 2021: Revenue of $284K, expenses of $248K, and assets of $887K (revenue -1.5% year-over-year).
- 2020: Revenue of $288K, expenses of $235K, and assets of $919K (revenue +0.9% year-over-year).
- 2019: Revenue of $285K, expenses of $227K, and assets of $754K (revenue +3.9% year-over-year).
- 2018: Revenue of $275K, expenses of $221K, and assets of $738K (revenue +1.5% year-over-year).
- 2017: Revenue of $270K, expenses of $225K, and assets of $724K (revenue +0.4% year-over-year).
- 2016: Revenue of $269K, expenses of $231K, and assets of $716K (revenue -2.9% year-over-year).
- 2015: Revenue of $277K, expenses of $236K, and assets of $708K (revenue +17.7% year-over-year).
- 2014: Revenue of $235K, expenses of $233K, and assets of $719K (revenue -4.2% year-over-year).
- 2013: Revenue of $246K, expenses of $239K, and assets of $728K (revenue +4.1% year-over-year).
- 2012: Revenue of $236K, expenses of $237K, and assets of $753K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Retiree Housing Of Cedar Rapids Inc:
Data Sources and Methodology
This transparency report for Retiree Housing Of Cedar Rapids 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.