Salisbury Housing Committee Inc
Salisbury Housing Committee Inc shows strong financial growth and efficient operations with no reported executive compensation.
EIN: 115309016 · Salisbury, CT · NTEE: L20Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.6M |
| Total Expenses | $421K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $6 |
| Net Assets | $4.7M |
| Transparency Score | 92/100 |
Search Intent Cockpit
Salisbury Housing Committee Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Salisbury Housing Committee 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 Salisbury Housing Committee Inc in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $2.1M and expenses of $421K.
Revenue and Expenses
Salisbury Housing Committee Inc reported $2.1M in revenue and $421K in expenses, a surplus of $1.7M.
Executive Compensation
Top officer compensation appears as $6 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
92/100 mission score, 1 red flag, and 5 strengths are shown from structured and AI review.
Is Salisbury Housing Committee 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 | $379K (90%) |
Across stored filings, Salisbury Housing Committee 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; 1 red flag identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade A | 13 stored filing years |
| Peer context | Compare with Teen Center Of Wilton Inc | Connecticut and Category L context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
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Compare with Teen Center Of Wilton Inc →All Connecticut nonprofits
All Category L
Local and Sector Spokes
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Salisbury, CT nonprofitsCategory L in Connecticut
Human Services in Connecticut
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
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Category L spending
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Keep the Investigation Moving
Salisbury Housing Committee Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Salisbury Housing Committee Inc
Salisbury Housing Committee Inc (EIN: 115309016) is a nonprofit organization based in Salisbury, CT, classified under NTEE code L20Z. The organization reported total revenue of $3.6M and total assets of $8.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Salisbury Housing Committee Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Salisbury Housing Committee Inc is a mid-size nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 23.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $421K |
| Surplus / Deficit | +$1.7M |
| Total Assets | $6.2M |
| Total Liabilities | $1.5M |
| Net Assets | $4.7M |
| Operating Margin | 79.8% |
| Debt-to-Asset Ratio | 23.9% |
| Months of Reserves | 176.9 months |
Financial Health Grade: A
In 2023, Salisbury Housing Committee Inc reported a surplus of $1.7M with revenue exceeding expenses, holds 176.9 months of operating reserves (strong position), has a debt-to-asset ratio of 23.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Salisbury Housing Committee Inc's revenue has grown at a compound annual growth rate (CAGR) of 23.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +239.6% | +2.1% | +55.4% |
| 2022 | -2.9% | +28.2% | +6.3% |
| 2021 | +127.8% | +18.8% | +8.7% |
| 2020 | +25.5% | +5.6% | -0.3% |
| 2019 | -43.4% | +12.2% | +2.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 Salisbury Housing Committee Inc with a Mission Score of 92 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: 90%
- fundraising: 0%
According to IRS 990 filings, Salisbury Housing Committee Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 surplus of $1.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 23.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filing periods, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is highly efficient for an organization of its size with assets exceeding $6 million.
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 Salisbury Housing Committee Inc's IRS 990 filings:
- Lack of detailed program expense breakdown in summary data (minor concern for full analysis)
Strengths
The following positive indicators were identified for Salisbury Housing Committee Inc:
- Strong financial growth and asset accumulation (Assets grew from $1.2M in 2014 to $6.2M in 2023)
- Consistent revenue generation exceeding expenses (e.g., $2.08M revenue vs $0.42M expenses in 2023)
- No reported officer compensation across all filings, indicating high efficiency and volunteer leadership
- Low liabilities relative to assets, demonstrating financial stability
- Consistent IRS 990 filing history, indicating good transparency
Frequently Asked Questions about Salisbury Housing Committee Inc
Is Salisbury Housing Committee Inc a legitimate charity?
Salisbury Housing Committee Inc (EIN: 115309016) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.6M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Salisbury Housing Committee Inc spend its money?
Salisbury Housing Committee Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Salisbury Housing Committee Inc tax-deductible?
Salisbury Housing Committee Inc is registered as a tax-exempt nonprofit (EIN: 115309016). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Salisbury Housing Committee Inc CEO make?
Salisbury Housing Committee Inc's highest-compensated officer earns $6 annually. The organization reported $3.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Salisbury Housing Committee Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Salisbury Housing Committee Inc is above average for NTEE category L20Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Salisbury Housing Committee Inc located?
Salisbury Housing Committee Inc is headquartered in Salisbury, Connecticut and files with the IRS under EIN 115309016. It is classified under NTEE code L20Z.
How many years of IRS 990 filings does Salisbury Housing Committee Inc have?
Salisbury Housing Committee 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 $3.6M in total revenue.
Is Salisbury Housing Committee Inc a good charity?
Based on the available financial data, Salisbury Housing Committee Inc appears to be a very good charity. It demonstrates strong financial health, significant asset growth, and highly efficient operations with no reported officer compensation, suggesting resources are primarily directed towards its mission.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved, with assets growing from $1,206,922 in 2014 to $6,209,021 in 2023. Revenue has also seen substantial increases, particularly in 2023 ($2,083,018), far exceeding expenses and contributing to this growth.
What is the organization's spending efficiency?
The organization exhibits high spending efficiency. For example, in 2023, expenses were $421,118 against revenue of $2,083,018, indicating a large portion of revenue is retained or invested, and operational costs are kept low relative to its financial activity and asset base.
Filing History
IRS 990 filing history for Salisbury Housing Committee Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Salisbury Housing Committee Inc's revenue has grown by 1120.9%, moving from $171K to $2.1M. Total assets increased by 438.9% over the same period, from $1.2M to $6.2M. Total functional expenses rose by 188.3%, from $146K to $421K. In its most recent filing year (2023), Salisbury Housing Committee Inc reported a surplus of $1.7M, with revenue exceeding expenses. The organization holds $1.5M in liabilities against $6.2M in assets (debt-to-asset ratio: 23.9%), resulting in net assets of $4.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $421K | $6.2M | $1.5M | — | — |
| 2022 | $613K | $412K | $4.0M | $960K | — | View 990 |
| 2021 | $632K | $322K | $3.8M | $784K | — | View 990 |
| 2020 | $277K | $271K | $3.5M | $1.0M | — | — |
| 2019 | $221K | $256K | $3.5M | $1.1M | — | View 990 |
| 2018 | $390K | $228K | $3.4M | $944K | — | View 990 |
| 2017 | $1.0M | $189K | $3.2M | $917K | — | View 990 |
| 2016 | $205K | $147K | $1.3M | $990K | — | View 990 |
| 2015 | $186K | $139K | $1.2M | $980K | — | View 990 |
| 2014 | $211K | $157K | $1.2M | $1.0M | — | View 990 |
| 2013 | $160K | $140K | $1.2M | $980K | — | View 990 |
| 2012 | $157K | $145K | $1.2M | $986K | — | View 990 |
| 2011 | $171K | $146K | $1.2M | $989K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $421K, and assets of $6.2M (revenue +239.6% year-over-year).
- 2022: Revenue of $613K, expenses of $412K, and assets of $4.0M (revenue -2.9% year-over-year).
- 2021: Revenue of $632K, expenses of $322K, and assets of $3.8M (revenue +127.8% year-over-year).
- 2020: Revenue of $277K, expenses of $271K, and assets of $3.5M (revenue +25.5% year-over-year).
- 2019: Revenue of $221K, expenses of $256K, and assets of $3.5M (revenue -43.4% year-over-year).
- 2018: Revenue of $390K, expenses of $228K, and assets of $3.4M (revenue -61.4% year-over-year).
- 2017: Revenue of $1.0M, expenses of $189K, and assets of $3.2M (revenue +393.4% year-over-year).
- 2016: Revenue of $205K, expenses of $147K, and assets of $1.3M (revenue +10.1% year-over-year).
- 2015: Revenue of $186K, expenses of $139K, and assets of $1.2M (revenue -11.7% year-over-year).
- 2014: Revenue of $211K, expenses of $157K, and assets of $1.2M (revenue +31.7% year-over-year).
- 2013: Revenue of $160K, expenses of $140K, and assets of $1.2M (revenue +1.8% year-over-year).
- 2012: Revenue of $157K, expenses of $145K, and assets of $1.2M (revenue -7.9% year-over-year).
- 2011: Revenue of $171K, expenses of $146K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Salisbury Housing Committee Inc:
Data Sources and Methodology
This transparency report for Salisbury Housing Committee 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.