United Methodist Homes Foundation
United Methodist Homes Foundation maintains strong asset base with fluctuating revenues and no reported officer compensation.
EIN: 161401063 · Binghamton, NY · NTEE: E120 · Updated: 2026-03-28
About United Methodist Homes Foundation
United Methodist Homes Foundation (EIN: 161401063) is a nonprofit organization based in Binghamton, NY, classified under NTEE code E120. The organization reported total revenue of $14.9M and total assets of $42.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of United Methodist Homes Foundation'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 United Methodist Homes Foundation 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, United Methodist Homes Foundation 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
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an entity with significant revenue and assets. This could indicate a volunteer board, compensation being paid by a parent organization, or a lack of transparency in reporting, requiring further clarification.
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 United Methodist Homes Foundation's IRS 990 filings:
- Consistent 0% officer compensation without clear explanation
- Significant year-over-year fluctuations in revenue and expenses without detailed context
Strengths
The following positive indicators were identified for United Methodist Homes Foundation:
- Strong and stable asset base (e.g., $42.58 million latest assets)
- Consistently low liabilities (e.g., $53,126 in 2023), indicating strong financial health
- Positive net assets, demonstrating financial stability
- NTEE code E120 aligns with mission, suggesting focused program activities
Frequently Asked Questions about United Methodist Homes Foundation
How does United Methodist Homes Foundation manage to report 0% officer compensation consistently?
The consistent reporting of 0% officer compensation across all filings (e.g., 202312, 202212) suggests that either the leadership is entirely volunteer-based, or executive compensation is handled and reported by a related parent organization, or it is not being disclosed in this specific section of the 990. This warrants further inquiry for complete financial transparency.
What is the primary source of the organization's revenue fluctuations?
Revenue has varied significantly, from a low of $1,551,125 in 2014 to a high of $3,122,913 in 2023. Without detailed breakdowns of revenue streams (e.g., contributions, program service revenue, investment income), it's difficult to pinpoint the exact causes of these fluctuations. However, the NTEE code E120 suggests program service revenue from nursing facilities is a significant component.
How does the organization's asset growth compare to its revenue growth?
While revenue has fluctuated, the organization's assets have generally remained robust, ranging from $35.32 million in 2018 to $44.49 million in 2021. This indicates effective asset management and potentially strong investment performance or accumulated surpluses, even during periods of lower revenue.
Filing History
IRS 990 filing history for United Methodist Homes Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), United Methodist Homes Foundation's revenue has grown by 86.9%, moving from $1.7M to $3.1M. Total assets increased by 16.4% over the same period, from $32.2M to $37.5M. Total functional expenses rose by 91.9%, from $1.6M to $3.1M. In its most recent filing year (2023), United Methodist Homes Foundation reported a surplus of $38K, with revenue exceeding expenses. The organization holds $53K in liabilities against $37.5M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $37.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.1M | $3.1M | $37.5M | $53K | — | — |
| 2022 | $2.3M | $3.5M | $35.5M | $41K | — | View 990 |
| 2021 | $2.1M | $1.7M | $44.5M | $58K | — | View 990 |
| 2020 | $2.9M | $1.8M | $40.3M | $78K | — | View 990 |
| 2019 | $1.6M | $2.6M | $39.1M | $1.4M | — | View 990 |
| 2018 | $1.6M | $4.3M | $35.3M | $1.2M | — | View 990 |
| 2017 | $2.5M | $1.6M | $40.3M | $255K | — | — |
| 2016 | $1.6M | $1.8M | $36.4M | $296K | — | View 990 |
| 2015 | $1.9M | $1.6M | $35.9M | $340K | — | View 990 |
| 2014 | $1.6M | $1.4M | $36.9M | $420K | — | View 990 |
| 2013 | $1.5M | $1.5M | $36.0M | $494K | — | View 990 |
| 2012 | $1.3M | $1.5M | $33.3M | $607K | — | View 990 |
| 2011 | $1.7M | $1.6M | $32.2M | $672K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.1M, expenses of $3.1M, and assets of $37.5M (revenue +37.2% year-over-year).
- 2022: Revenue of $2.3M, expenses of $3.5M, and assets of $35.5M (revenue +8.4% year-over-year).
- 2021: Revenue of $2.1M, expenses of $1.7M, and assets of $44.5M (revenue -28.3% year-over-year).
- 2020: Revenue of $2.9M, expenses of $1.8M, and assets of $40.3M (revenue +78.7% year-over-year).
- 2019: Revenue of $1.6M, expenses of $2.6M, and assets of $39.1M (revenue +1.9% year-over-year).
- 2018: Revenue of $1.6M, expenses of $4.3M, and assets of $35.3M (revenue -34.9% year-over-year).
- 2017: Revenue of $2.5M, expenses of $1.6M, and assets of $40.3M (revenue +51.7% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.8M, and assets of $36.4M (revenue -13.6% year-over-year).
- 2015: Revenue of $1.9M, expenses of $1.6M, and assets of $35.9M (revenue +21.5% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.4M, and assets of $36.9M (revenue +3.5% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.5M, and assets of $36.0M (revenue +16.5% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.5M, and assets of $33.3M (revenue -23.1% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.6M, and assets of $32.2M.
Data Sources and Methodology
This transparency report for United Methodist Homes Foundation 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.