Union Neighborhood Assistance Corporation
Union Neighborhood Assistance Corp: Significant Revenue Growth, High Program Spending
EIN: 222956189 · Boston, MA · NTEE: L30Z · Updated: 2026-04-04
Is Union Neighborhood Assistance Corporation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Union Neighborhood Assistance Corporation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Union Neighborhood Assistance Corporation
Union Neighborhood Assistance Corporation (EIN: 222956189) is a nonprofit organization based in Boston, MA, classified under NTEE code L30Z. The organization reported total revenue of $2.1M and total assets of $4.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Union Neighborhood Assistance Corporation'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 Union Neighborhood Assistance Corporation with a Mission Score of 85 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Union Neighborhood Assistance Corporation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but the 'c0%' in filings suggests no related party compensation, implying executive salaries are likely reasonable and not tied to problematic related-party transactions.
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.
Strengths
The following positive indicators were identified for Union Neighborhood Assistance Corporation:
- Exceptional program spending, with 90% of expenses directed towards programs.
- Significant and rapid growth in revenue and assets in the most recent fiscal year.
- Consistent reporting of 0% related-party compensation, indicating strong governance.
- Healthy asset base of over $4.5 million provides financial stability.
Frequently Asked Questions about Union Neighborhood Assistance Corporation
Is Union Neighborhood Assistance Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Union Neighborhood Assistance Corporation (EIN: 222956189) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Union Neighborhood Assistance Corporation spend its money?
Union Neighborhood Assistance Corporation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Union Neighborhood Assistance Corporation tax-deductible?
Union Neighborhood Assistance Corporation is registered as a tax-exempt nonprofit (EIN: 222956189). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Union Neighborhood Assistance Corporation do?
Union Neighborhood Assistance Corporation is a nonprofit organization in the Housing & Shelter sector, located in Boston, Massachusetts. It is classified under NTEE code L30Z.
How much revenue does Union Neighborhood Assistance Corporation have?
Union Neighborhood Assistance Corporation reported total revenue of $2,122,734. Based on 13 IRS 990 filings on record.
What are Union Neighborhood Assistance Corporation's total assets?
Union Neighborhood Assistance Corporation holds total assets of $4,506,132 as reported in IRS 990 filings.
Where is Union Neighborhood Assistance Corporation located?
Union Neighborhood Assistance Corporation is based in Boston, Massachusetts.
What is Union Neighborhood Assistance Corporation's EIN?
Union Neighborhood Assistance Corporation's Employer Identification Number (EIN) is 222956189. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Union Neighborhood Assistance Corporation?
Union Neighborhood Assistance Corporation is classified under NTEE code L30Z (Housing & Shelter).
Is Union Neighborhood Assistance Corporation a registered 501(c)(3)?
Yes, Union Neighborhood Assistance Corporation is recognized as a tax-exempt organization by the IRS. EIN: 222956189.
Does Union Neighborhood Assistance Corporation file IRS Form 990?
Yes, Union Neighborhood Assistance Corporation has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Union Neighborhood Assistance Corporation's revenue in 2023?
In the 202312 filing period, Union Neighborhood Assistance Corporation reported total revenue of $125,852, total expenses of $5,020, and net assets of $3,206,788.
Is Union Neighborhood Assistance Corporation's revenue growing or declining?
Union Neighborhood Assistance Corporation's revenue is growing. Revenue went from $56,649 (202212) to $125,852 (202312), a +122.2% change. Based on 13 filings on record.
What is Union Neighborhood Assistance Corporation's most recent 990 filing?
The most recent IRS Form 990 filing for Union Neighborhood Assistance Corporation covers tax period 202312. It shows revenue of $125,852, expenses of $5,020, total assets of $3,206,788, and liabilities of $1,372,763.
How much does Union Neighborhood Assistance Corporation spend on programs vs administration?
Based on IRS 990 analysis, Union Neighborhood Assistance Corporation allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Union Neighborhood Assistance Corporation a trustworthy charity?
Based on AI analysis of IRS 990 data, Union Neighborhood Assistance Corporation appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Union Neighborhood Assistance Corporation's strengths?
Positive indicators for Union Neighborhood Assistance Corporation include: Exceptional program spending, with 90% of expenses directed towards programs.. Significant and rapid growth in revenue and assets in the most recent fiscal year.. Consistent reporting of 0% related-party compensation, indicating strong governance.. Healthy asset base of over $4.5 million provides financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Union Neighborhood Assistance Corporation compensate executives?
Executive compensation is not explicitly detailed in the provided data, but the 'c0%' in filings suggests no related party compensation, implying executive salaries are likely reasonable and not tied to problematic related-party transactions. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What specific programs or initiatives contributed to the over 3600% increase in revenue from $56,649 in 2022 to $2,122,734 in 2023?
The provided data does not specify the exact programs or initiatives, but such a substantial increase suggests either a major new grant, a highly successful fundraising campaign, or the launch of a significant new service line.
Given the substantial increase in assets and revenue, how has the organization scaled its operational capacity and staffing to manage this growth effectively?
While the data shows increased assets and revenue, it doesn't detail operational scaling or staffing changes. An increase in administrative expenses from $39,535 in 2022 to $50,200 in 2023 (part of total expenses) is relatively modest compared to revenue growth, suggesting efficient scaling or reliance on existing infrastructure.
Filing History
IRS 990 filing history for Union Neighborhood Assistance Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Union Neighborhood Assistance Corporation's revenue has declined by 51.4%, moving from $259K to $126K. Total assets increased by 100.5% over the same period, from $1.6M to $3.2M. Total functional expenses rose by 184.1%, from $2K to $5K. In its most recent filing year (2023), Union Neighborhood Assistance Corporation reported a surplus of $121K, with revenue exceeding expenses. The organization holds $1.4M in liabilities against $3.2M in assets (debt-to-asset ratio: 42.8%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $126K | $5K | $3.2M | $1.4M | — | — |
| 2022 | $57K | $40K | $1.7M | $18K | — | View 990 |
| 2021 | $11K | $5K | $1.7M | $13K | — | View 990 |
| 2020 | $31K | $5K | $1.7M | $10K | — | View 990 |
| 2019 | $41K | $5K | $1.7M | $5K | — | View 990 |
| 2018 | $27K | $8K | $1.8M | $166K | — | View 990 |
| 2017 | $93K | $116K | $1.8M | $158K | — | View 990 |
| 2016 | $93K | $46K | $1.7M | $46K | — | View 990 |
| 2015 | $8K | $7K | $1.6M | $8K | — | View 990 |
| 2014 | $8K | $4K | $1.6M | $5K | — | View 990 |
| 2013 | $5K | $4K | $1.6M | $5K | — | View 990 |
| 2012 | $4K | $20K | $1.6M | $5K | — | View 990 |
| 2011 | $259K | $2K | $1.6M | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $126K, expenses of $5K, and assets of $3.2M (revenue +122.2% year-over-year).
- 2022: Revenue of $57K, expenses of $40K, and assets of $1.7M (revenue +412.3% year-over-year).
- 2021: Revenue of $11K, expenses of $5K, and assets of $1.7M (revenue -64.6% year-over-year).
- 2020: Revenue of $31K, expenses of $5K, and assets of $1.7M (revenue -23.6% year-over-year).
- 2019: Revenue of $41K, expenses of $5K, and assets of $1.7M (revenue +54.0% year-over-year).
- 2018: Revenue of $27K, expenses of $8K, and assets of $1.8M (revenue -71.5% year-over-year).
- 2017: Revenue of $93K, expenses of $116K, and assets of $1.8M (revenue +0.4% year-over-year).
- 2016: Revenue of $93K, expenses of $46K, and assets of $1.7M (revenue +1007.9% year-over-year).
- 2015: Revenue of $8K, expenses of $7K, and assets of $1.6M (revenue +8.5% year-over-year).
- 2014: Revenue of $8K, expenses of $4K, and assets of $1.6M (revenue +54.4% year-over-year).
- 2013: Revenue of $5K, expenses of $4K, and assets of $1.6M (revenue +24.1% year-over-year).
- 2012: Revenue of $4K, expenses of $20K, and assets of $1.6M (revenue -98.4% year-over-year).
- 2011: Revenue of $259K, expenses of $2K, and assets of $1.6M.
Data Sources and Methodology
This transparency report for Union Neighborhood Assistance 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.