Western Region Nonprofit Housing Corporation
Western Region Nonprofit Housing Corporation consistently grows assets and operates with surpluses, reporting no officer compensation.
EIN: 200330858 · Salt Lake City, UT · NTEE: L20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $14.2M |
| Total Expenses | $11.3M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $11.5M |
| Net Assets | $65.0M |
| Transparency Score | 92/100 |
Is Western Region Nonprofit Housing Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Western Region Nonprofit Housing Corporation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Western Region Nonprofit Housing Corporation
Western Region Nonprofit Housing Corporation (EIN: 200330858) is a nonprofit organization based in Salt Lake City, UT, classified under NTEE code L20. The organization reported total revenue of $14.2M and total assets of $90.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Western Region Nonprofit Housing Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Western Region Nonprofit Housing Corporation is a large nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11.6M |
| Total Expenses | $11.3M |
| Surplus / Deficit | +$241K |
| Total Assets | $89.5M |
| Total Liabilities | $24.5M |
| Net Assets | $65.0M |
| Operating Margin | 2.1% |
| Debt-to-Asset Ratio | 27.4% |
| Months of Reserves | 94.8 months |
Financial Health Grade: A
In 2023, Western Region Nonprofit Housing Corporation reported a surplus of $241K with revenue exceeding expenses, holds 94.8 months of operating reserves (strong position), has a debt-to-asset ratio of 27.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Western Region Nonprofit Housing Corporation's revenue has grown at a compound annual growth rate (CAGR) of 10.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -26.7% | +12.9% | +5.9% |
| 2022 | +29.0% | +21.5% | +10.2% |
| 2021 | +19.5% | +19.4% | +9.1% |
| 2020 | -15.7% | -8.5% | -4.1% |
| 2019 | +112.8% | +108.9% | +38.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Western Region Nonprofit Housing Corporation 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Western Region Nonprofit Housing Corporation allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. 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 $241K, with revenue exceeding expenses.
- Debt-to-asset ratio: 27.4%.
Executive Compensation Analysis
Western Region Nonprofit Housing Corporation consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly unusual for an organization of its size ($11.5M+ in annual revenue and $89M+ in assets) and suggests a volunteer-led executive structure or that compensation is reported under other expense categories not specified as 'officer comp'.
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 Western Region Nonprofit Housing Corporation's IRS 990 filings:
- Unusually low reported officer compensation (0%) for an organization of this size, which might warrant further investigation into how executive leadership is compensated or structured.
Strengths
The following positive indicators were identified for Western Region Nonprofit Housing Corporation:
- Consistent asset growth, increasing from $70.2M in 2020 to $89.4M in 2023, demonstrating strong financial management.
- Regular operational surpluses, such as $241,132 in 2023, indicating efficient spending relative to revenue.
- Healthy asset-to-liability ratio (3.65:1 in 2023), reflecting strong financial solvency and low risk.
- No reported officer compensation, suggesting a high dedication of resources to programmatic activities or a volunteer-driven leadership.
- Significant revenue growth over the past decade, indicating expanding capacity and support for its mission.
Frequently Asked Questions about Western Region Nonprofit Housing Corporation
Is Western Region Nonprofit Housing Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Western Region Nonprofit Housing Corporation (EIN: 200330858) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Western Region Nonprofit Housing Corporation spend its money?
Western Region Nonprofit Housing Corporation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Western Region Nonprofit Housing Corporation tax-deductible?
Western Region Nonprofit Housing Corporation is registered as a tax-exempt nonprofit (EIN: 200330858). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Western Region Nonprofit Housing Corporation CEO make?
Western Region Nonprofit Housing Corporation's highest-compensated officer earns $11.5M annually. The organization reported $14.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Western Region Nonprofit Housing Corporation's spending goes to programs?
Western Region Nonprofit Housing Corporation directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Western Region Nonprofit Housing Corporation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Western Region Nonprofit Housing Corporation is above average for NTEE category L20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Western Region Nonprofit Housing Corporation located?
Western Region Nonprofit Housing Corporation is headquartered in Salt Lake City, Utah and files with the IRS under EIN 200330858. It is classified under NTEE code L20.
How many years of IRS 990 filings does Western Region Nonprofit Housing Corporation have?
Western Region Nonprofit Housing Corporation 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 $14.2M in total revenue.
Is Western Region Nonprofit Housing Corporation financially stable?
Yes, the organization is financially stable. It has consistently grown its assets from $70.2M in 2020 to $89.4M in 2023 and has maintained operational surpluses in most recent years, such as $241,132 in 2023 ($11,566,220 revenue - $11,325,088 expenses).
How has the organization's revenue trended over time?
The organization's revenue has shown significant growth and some fluctuations, increasing from $4.7M in 2014 to $11.5M in 2023, with a peak of $15.7M in 2022. This indicates a strong ability to generate income.
What is the organization's asset-to-liability ratio?
In 2023, the organization had assets of $89,464,699 and liabilities of $24,476,527, resulting in an asset-to-liability ratio of approximately 3.65:1, which is a healthy indicator of financial solvency.
Does Western Region Nonprofit Housing Corporation pay its officers?
Based on the provided IRS 990 data, Western Region Nonprofit Housing Corporation consistently reports 0% officer compensation across all available filings, suggesting that officers are not compensated or their compensation is categorized differently.
Filing History
IRS 990 filing history for Western Region Nonprofit Housing Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Western Region Nonprofit Housing Corporation's revenue has grown by 214.3%, moving from $3.7M to $11.6M. Total assets increased by 232.5% over the same period, from $26.9M to $89.5M. Total functional expenses rose by 553.9%, from $1.7M to $11.3M. In its most recent filing year (2023), Western Region Nonprofit Housing Corporation reported a surplus of $241K, with revenue exceeding expenses. The organization holds $24.5M in liabilities against $89.5M in assets (debt-to-asset ratio: 27.4%), resulting in net assets of $65.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11.6M | $11.3M | $89.5M | $24.5M | — | — |
| 2022 | $15.8M | $10.0M | $84.5M | $19.9M | — | View 990 |
| 2021 | $12.2M | $8.3M | $76.7M | $17.8M | — | View 990 |
| 2020 | $10.2M | $6.9M | $70.3M | $15.3M | — | View 990 |
| 2019 | $12.1M | $7.6M | $73.3M | $21.9M | — | View 990 |
| 2018 | $5.7M | $3.6M | $53.1M | $6.4M | — | View 990 |
| 2017 | $4.9M | $3.4M | $50.2M | $6.4M | — | View 990 |
| 2016 | $6.5M | $5.1M | $54.1M | $11.9M | — | View 990 |
| 2015 | $5.1M | $5.3M | $54.6M | $14.5M | — | View 990 |
| 2014 | $4.7M | $3.5M | $40.3M | $6.3M | — | View 990 |
| 2013 | $7.0M | $4.0M | $44.6M | $11.9M | — | View 990 |
| 2012 | $3.7M | $2.6M | $42.1M | $12.3M | — | View 990 |
| 2011 | $3.7M | $1.7M | $26.9M | $3.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.6M, expenses of $11.3M, and assets of $89.5M (revenue -26.7% year-over-year).
- 2022: Revenue of $15.8M, expenses of $10.0M, and assets of $84.5M (revenue +29.0% year-over-year).
- 2021: Revenue of $12.2M, expenses of $8.3M, and assets of $76.7M (revenue +19.5% year-over-year).
- 2020: Revenue of $10.2M, expenses of $6.9M, and assets of $70.3M (revenue -15.7% year-over-year).
- 2019: Revenue of $12.1M, expenses of $7.6M, and assets of $73.3M (revenue +112.8% year-over-year).
- 2018: Revenue of $5.7M, expenses of $3.6M, and assets of $53.1M (revenue +17.5% year-over-year).
- 2017: Revenue of $4.9M, expenses of $3.4M, and assets of $50.2M (revenue -25.0% year-over-year).
- 2016: Revenue of $6.5M, expenses of $5.1M, and assets of $54.1M (revenue +26.4% year-over-year).
- 2015: Revenue of $5.1M, expenses of $5.3M, and assets of $54.6M (revenue +8.6% year-over-year).
- 2014: Revenue of $4.7M, expenses of $3.5M, and assets of $40.3M (revenue -32.6% year-over-year).
- 2013: Revenue of $7.0M, expenses of $4.0M, and assets of $44.6M (revenue +91.2% year-over-year).
- 2012: Revenue of $3.7M, expenses of $2.6M, and assets of $42.1M (revenue -0.6% year-over-year).
- 2011: Revenue of $3.7M, expenses of $1.7M, and assets of $26.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Western Region Nonprofit Housing Corporation:
Data Sources and Methodology
This transparency report for Western Region Nonprofit Housing 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.