Rhode Island Housing Development Corporation
EIN: 50449399 · Providence, RI · NTEE: L22Z
| Metric | Value |
|---|---|
| Total Revenue | $9 |
| Net Assets | $21K |
Is Rhode Island Housing Development Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rhode Island Housing Development Corporation
Rhode Island Housing Development Corporation (EIN: 50449399) is a nonprofit organization based in Providence, RI, classified under NTEE code L22Z. The organization reported total revenue of $9 and total assets of $21K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rhode Island Housing Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rhode Island Housing Development Corporation is a micro nonprofit that has been operating for 37 years, with 11 years of IRS 990 filings on record (2013–2023).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Rhode Island Housing Development Corporation 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 Rhode Island Housing Development Corporation 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 (2023)
From the most recent IRS 990 filing on record:
Frequently Asked Questions about Rhode Island Housing Development Corporation
Is Rhode Island Housing Development Corporation a legitimate charity?
Rhode Island Housing Development Corporation (EIN: 50449399) is a registered tax-exempt nonprofit based in Rhode Island. It has 11 years of IRS 990 filings on record. Total revenue: $9. No red flags identified. Financial health grade: B.
How does Rhode Island Housing Development Corporation spend its money?
Rhode Island Housing Development Corporation reported $9 in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Rhode Island Housing Development Corporation tax-deductible?
Rhode Island Housing Development Corporation is registered as a tax-exempt nonprofit (EIN: 50449399). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rhode Island Housing Development Corporation located?
Rhode Island Housing Development Corporation is headquartered in Providence, Rhode Island and files with the IRS under EIN 50449399. It is classified under NTEE code L22Z.
How many years of IRS 990 filings does Rhode Island Housing Development Corporation have?
Rhode Island Housing Development Corporation has 11 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 $9 in total revenue.
Filing History
IRS 990 filing history for Rhode Island Housing Development Corporation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Rhode Island Housing Development Corporation's revenue has declined by 100%, moving from $266K to $0. Total assets increased by 2088900% over the same period, from $1 to $21K. Total functional expenses fell by 100%, from $407K to $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $0 | $0 | $21K | $0 | — | View 990 |
| 2022 | $0 | $0 | $21K | $0 | — | View 990 |
| 2021 | $0 | $0 | $21K | $0 | — | — |
| 2020 | $0 | $0 | $21K | $0 | — | — |
| 2019 | $0 | $0 | $21K | $0 | — | View 990 |
| 2018 | $0 | $0 | $21K | $0 | — | View 990 |
| 2017 | $0 | $0 | $21K | $0 | — | View 990 |
| 2016 | $0 | $0 | $21K | $0 | — | View 990 |
| 2015 | $49K | $18K | $21K | $0 | — | View 990 |
| 2014 | $344K | $291K | $39K | $49K | — | View 990 |
| 2013 | $266K | $407K | $1 | $62K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $0, expenses of $0, and assets of $21K.
- 2022: Revenue of $0, expenses of $0, and assets of $21K.
- 2021: Revenue of $0, expenses of $0, and assets of $21K.
- 2020: Revenue of $0, expenses of $0, and assets of $21K.
- 2019: Revenue of $0, expenses of $0, and assets of $21K.
- 2018: Revenue of $0, expenses of $0, and assets of $21K.
- 2017: Revenue of $0, expenses of $0, and assets of $21K.
- 2016: Revenue of $0, expenses of $0, and assets of $21K (revenue -100.0% year-over-year).
- 2015: Revenue of $49K, expenses of $18K, and assets of $21K (revenue -85.8% year-over-year).
- 2014: Revenue of $344K, expenses of $291K, and assets of $39K (revenue +29.6% year-over-year).
- 2013: Revenue of $266K, expenses of $407K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rhode Island Housing Development Corporation:
Data Sources and Methodology
This transparency report for Rhode Island Housing Development 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.