Suburban Housing Development And Research Inc
Suburban Housing Development And Research Inc consistently directs over 80% of expenses to programs with no reported officer compensation.
EIN: 112578155 · Bay Shore, NY · NTEE: L25Z · Updated: 2026-03-28
Is Suburban Housing Development And Research Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Suburban Housing Development And Research Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Suburban Housing Development And Research Inc
Suburban Housing Development And Research Inc (EIN: 112578155) is a nonprofit organization based in Bay Shore, NY, classified under NTEE code L25Z. The organization reported total revenue of $2.7M and total assets of $6.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Suburban Housing Development And Research Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Suburban Housing Development And Research 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: 85%
- fundraising: 5%
According to IRS 990 filings, Suburban Housing Development And Research 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating either a volunteer executive leadership or that compensation is covered by other means not reported as officer compensation, which is highly unusual for an organization with over $3 million in annual revenue.
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 Suburban Housing Development And Research Inc's IRS 990 filings:
- Consistent 0% officer compensation may warrant further inquiry to understand how executive leadership is compensated or structured, given the organization's size and revenue.
Strengths
The following positive indicators were identified for Suburban Housing Development And Research Inc:
- High program spending ratio (85% in 2024) indicates efficient use of funds for its mission.
- Consistent revenue growth from $1.88M in 2020 to $3.05M in 2024.
- Decreasing liabilities relative to assets, improving financial stability.
- No reported officer compensation, suggesting a strong commitment to program funding.
- Positive net income in most recent periods, indicating financial sustainability.
Frequently Asked Questions about Suburban Housing Development And Research Inc
Is Suburban Housing Development And Research Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Suburban Housing Development And Research Inc (EIN: 112578155) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Suburban Housing Development And Research Inc spend its money?
Suburban Housing Development And Research Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Suburban Housing Development And Research Inc tax-deductible?
Suburban Housing Development And Research Inc is registered as a tax-exempt nonprofit (EIN: 112578155). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Suburban Housing Development And Research Inc a good charity?
Based on its financial data, Suburban Housing Development And Research Inc appears to be a very good charity. It consistently allocates a high percentage of its expenses (85% in 2024) directly to program services, demonstrating strong programmatic efficiency. The organization also reports 0% officer compensation, suggesting a strong commitment to directing funds to its mission rather than executive salaries.
How has the organization's revenue trended over the past five years?
The organization's revenue has shown a strong upward trend over the past five years, increasing from $1,879,225 in 2020 to $3,050,467 in 2024, indicating growing support and capacity.
What is the organization's financial health regarding assets and liabilities?
The organization's financial health is stable and improving. Assets have grown from $6,186,504 in 2020 to $6,357,929 in 2024, while liabilities have decreased significantly from $4,320,329 in 2020 to $3,169,661 in 2024, strengthening its balance sheet.
Filing History
IRS 990 filing history for Suburban Housing Development And Research Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Suburban Housing Development And Research Inc's revenue has grown by 91.7%, moving from $1.6M to $3.1M. Total assets decreased by 17.9% over the same period, from $7.7M to $6.4M. Total functional expenses rose by 28.3%, from $2.0M to $2.5M. In its most recent filing year (2024), Suburban Housing Development And Research Inc reported a surplus of $541K, with revenue exceeding expenses. The organization holds $3.2M in liabilities against $6.4M in assets (debt-to-asset ratio: 49.9%), resulting in net assets of $3.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $3.1M | $2.5M | $6.4M | $3.2M | — | View 990 |
| 2023 | $2.5M | $2.2M | $5.9M | $3.3M | — | View 990 |
| 2022 | $2.2M | $1.9M | $5.8M | $3.5M | — | View 990 |
| 2021 | $2.0M | $1.8M | $6.0M | $3.9M | — | View 990 |
| 2020 | $1.9M | $1.6M | $6.2M | $4.3M | — | View 990 |
| 2019 | $1.9M | $1.6M | $6.1M | $4.6M | — | View 990 |
| 2018 | $1.8M | $1.7M | $6.2M | $4.9M | — | View 990 |
| 2017 | $1.6M | $1.5M | $6.1M | $4.6M | — | View 990 |
| 2016 | $1.5M | $1.6M | $6.2M | $4.7M | — | View 990 |
| 2015 | $1.5M | $1.6M | $6.5M | $4.9M | — | View 990 |
| 2014 | $1.3M | $1.7M | $6.8M | $5.2M | — | View 990 |
| 2013 | $1.5M | $1.6M | $7.0M | $4.9M | — | View 990 |
| 2012 | $1.5M | $1.6M | $7.3M | $5.2M | — | View 990 |
| 2011 | $1.6M | $2.0M | $7.7M | $5.4M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $3.1M, expenses of $2.5M, and assets of $6.4M (revenue +20.1% year-over-year).
- 2023: Revenue of $2.5M, expenses of $2.2M, and assets of $5.9M (revenue +17.8% year-over-year).
- 2022: Revenue of $2.2M, expenses of $1.9M, and assets of $5.8M (revenue +9.6% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.8M, and assets of $6.0M (revenue +4.6% year-over-year).
- 2020: Revenue of $1.9M, expenses of $1.6M, and assets of $6.2M (revenue -2.7% year-over-year).
- 2019: Revenue of $1.9M, expenses of $1.6M, and assets of $6.1M (revenue +9.4% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.7M, and assets of $6.2M (revenue +13.3% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.5M, and assets of $6.1M (revenue +4.7% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.6M, and assets of $6.2M (revenue -3.2% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.6M, and assets of $6.5M (revenue +14.5% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.7M, and assets of $6.8M (revenue -8.7% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.6M, and assets of $7.0M (revenue +0.9% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.6M, and assets of $7.3M (revenue -8.4% year-over-year).
- 2011: Revenue of $1.6M, expenses of $2.0M, and assets of $7.7M.
Data Sources and Methodology
This transparency report for Suburban Housing Development And Research 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.