The River City Housing Collective Inc Univ Of Iowa Memorial Union
EIN: 421100375 · Iowa City, IA
| Metric | Value |
|---|---|
| Total Revenue | $223K |
| Total Expenses | $180K |
| Net Assets | $-112,755 |
Is The River City Housing Collective Inc Univ Of Iowa Memorial Union Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The River City Housing Collective Inc Univ Of Iowa Memorial Union
The River City Housing Collective Inc Univ Of Iowa Memorial Union (EIN: 421100375) is a nonprofit organization based in Iowa City, IA. The organization reported total revenue of $223K and total assets of $340K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The River City Housing Collective Inc Univ Of Iowa Memorial Union's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The River City Housing Collective Inc Univ Of Iowa Memorial Union is a small nonprofit that has been operating for 47 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $91K |
| Total Expenses | $180K |
| Surplus / Deficit | $-89,511 |
| Total Assets | $394K |
| Total Liabilities | $507K |
| Net Assets | $-112,755 |
| Operating Margin | -98.5% |
| Debt-to-Asset Ratio | 128.6% |
| Months of Reserves | 26.2 months |
Financial Health Grade: C
In 2023, The River City Housing Collective Inc Univ Of Iowa Memorial Union reported a deficit of $90K with expenses exceeding revenue, holds 26.2 months of operating reserves (strong position), has a debt-to-asset ratio of 128.6% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), The River City Housing Collective Inc Univ Of Iowa Memorial Union's revenue has declined at a compound annual growth rate (CAGR) of -2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.0% | -1.9% | -18.4% |
| 2022 | -19.4% | +7.5% | -14.9% |
| 2021 | -28.7% | +2.2% | -4.6% |
| 2020 | +38.8% | +1.9% | -2.9% |
| 2019 | -10.3% | +16.4% | -7.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1979 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The River City Housing Collective Inc Univ Of Iowa Memorial Union 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 The River City Housing Collective Inc Univ Of Iowa Memorial Union 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:
- The organization reported a deficit of $90K, with expenses exceeding revenue.
- Debt-to-asset ratio: 128.6%.
Frequently Asked Questions about The River City Housing Collective Inc Univ Of Iowa Memorial Union
Is The River City Housing Collective Inc Univ Of Iowa Memorial Union a legitimate charity?
The River City Housing Collective Inc Univ Of Iowa Memorial Union (EIN: 421100375) is a registered tax-exempt nonprofit based in Iowa. It has 12 years of IRS 990 filings on record. Total revenue: $223K. No red flags identified. Financial health grade: C.
How does The River City Housing Collective Inc Univ Of Iowa Memorial Union spend its money?
The River City Housing Collective Inc Univ Of Iowa Memorial Union reported $223K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The River City Housing Collective Inc Univ Of Iowa Memorial Union tax-deductible?
The River City Housing Collective Inc Univ Of Iowa Memorial Union is registered as a tax-exempt nonprofit (EIN: 421100375). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The River City Housing Collective Inc Univ Of Iowa Memorial Union located?
The River City Housing Collective Inc Univ Of Iowa Memorial Union is headquartered in Iowa City, Iowa and files with the IRS under EIN 421100375.
How many years of IRS 990 filings does The River City Housing Collective Inc Univ Of Iowa Memorial Union have?
The River City Housing Collective Inc Univ Of Iowa Memorial Union has 12 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 $223K in total revenue.
Filing History
IRS 990 filing history for The River City Housing Collective Inc Univ Of Iowa Memorial Union showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), The River City Housing Collective Inc Univ Of Iowa Memorial Union's revenue has declined by 25.1%, moving from $121K to $91K. Total assets decreased by 45.6% over the same period, from $724K to $394K. Total functional expenses rose by 51.4%, from $119K to $180K. In its most recent filing year (2023), The River City Housing Collective Inc Univ Of Iowa Memorial Union reported a deficit of $90K, with expenses exceeding revenue. The organization holds $507K in liabilities against $394K in assets (debt-to-asset ratio: 128.6%), resulting in net assets of $-112,755.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $91K | $180K | $394K | $507K | — | View 990 |
| 2022 | $98K | $184K | $482K | $508K | — | View 990 |
| 2021 | $121K | $171K | $567K | $506K | — | — |
| 2020 | $170K | $167K | $594K | $483K | — | View 990 |
| 2019 | $123K | $164K | $612K | $503K | — | View 990 |
| 2018 | $137K | $141K | $660K | $510K | — | View 990 |
| 2017 | $182K | $151K | $588K | $434K | — | — |
| 2016 | $129K | $143K | $580K | $476K | — | View 990 |
| 2015 | $122K | $151K | $616K | $499K | — | View 990 |
| 2014 | $130K | $146K | $657K | $510K | — | View 990 |
| 2013 | $120K | $144K | $687K | $524K | — | View 990 |
| 2012 | $121K | $119K | $724K | $536K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $91K, expenses of $180K, and assets of $394K (revenue -7.0% year-over-year).
- 2022: Revenue of $98K, expenses of $184K, and assets of $482K (revenue -19.4% year-over-year).
- 2021: Revenue of $121K, expenses of $171K, and assets of $567K (revenue -28.7% year-over-year).
- 2020: Revenue of $170K, expenses of $167K, and assets of $594K (revenue +38.8% year-over-year).
- 2019: Revenue of $123K, expenses of $164K, and assets of $612K (revenue -10.3% year-over-year).
- 2018: Revenue of $137K, expenses of $141K, and assets of $660K (revenue -24.8% year-over-year).
- 2017: Revenue of $182K, expenses of $151K, and assets of $588K (revenue +41.1% year-over-year).
- 2016: Revenue of $129K, expenses of $143K, and assets of $580K (revenue +5.6% year-over-year).
- 2015: Revenue of $122K, expenses of $151K, and assets of $616K (revenue -5.9% year-over-year).
- 2014: Revenue of $130K, expenses of $146K, and assets of $657K (revenue +7.9% year-over-year).
- 2013: Revenue of $120K, expenses of $144K, and assets of $687K (revenue -1.1% year-over-year).
- 2012: Revenue of $121K, expenses of $119K, and assets of $724K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The River City Housing Collective Inc Univ Of Iowa Memorial Union:
Data Sources and Methodology
This transparency report for The River City Housing Collective Inc Univ Of Iowa Memorial Union 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.