Wildwood Lions Limited Dividends Housing Corp
Wildwood Lions Housing Corp: Consistent Revenue, High Liabilities
EIN: 221891057 · Wildwood, NJ · Updated: 2026-04-04
Is Wildwood Lions Limited Dividends Housing Corp Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wildwood Lions Limited Dividends Housing Corp directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wildwood Lions Limited Dividends Housing Corp
Wildwood Lions Limited Dividends Housing Corp (EIN: 221891057) is a nonprofit organization based in Wildwood, NJ. The organization reported total revenue of $804K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wildwood Lions Limited Dividends Housing Corp'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 Wildwood Lions Limited Dividends Housing Corp with a Mission Score of 65 out of 100 (Good). 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, Wildwood Lions Limited Dividends Housing Corp 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 cannot be assessed as specific figures for salaries or compensation are not provided in the available financial data.
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 Wildwood Lions Limited Dividends Housing Corp's IRS 990 filings:
- Total liabilities consistently outweigh total assets (e.g., $2,611,040 liabilities vs. $1,498,617 assets in 2023), suggesting potential financial instability or significant debt burden.
- The 'limited dividends' in the name suggests a specific corporate structure that might impact how profits are distributed or retained, which isn't fully transparent from the provided data alone.
Strengths
The following positive indicators were identified for Wildwood Lions Limited Dividends Housing Corp:
- Consistent revenue generation over an eight-year period (around $800,000 annually) demonstrates stable operational funding.
- The organization has maintained a consistent asset base, indicating stable property or investment holdings.
Frequently Asked Questions about Wildwood Lions Limited Dividends Housing Corp
Is Wildwood Lions Limited Dividends Housing Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Wildwood Lions Limited Dividends Housing Corp (EIN: 221891057) some concerns. Mission Score: 65/100. 2 red flags identified, 2 strengths noted.
How does Wildwood Lions Limited Dividends Housing Corp spend its money?
Wildwood Lions Limited Dividends Housing Corp directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wildwood Lions Limited Dividends Housing Corp tax-deductible?
Wildwood Lions Limited Dividends Housing Corp is registered as a tax-exempt nonprofit (EIN: 221891057). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Wildwood Lions Limited Dividends Housing Corp do?
Wildwood Lions Limited Dividends Housing Corp is a nonprofit organization in the Unknown sector, located in Wildwood, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Wildwood Lions Limited Dividends Housing Corp have?
Wildwood Lions Limited Dividends Housing Corp reported total revenue of $803,678. Based on 12 IRS 990 filings on record.
What are Wildwood Lions Limited Dividends Housing Corp's total assets?
Wildwood Lions Limited Dividends Housing Corp holds total assets of $1,498,617 as reported in IRS 990 filings.
Where is Wildwood Lions Limited Dividends Housing Corp located?
Wildwood Lions Limited Dividends Housing Corp is based in Wildwood, New Jersey.
What is Wildwood Lions Limited Dividends Housing Corp's EIN?
Wildwood Lions Limited Dividends Housing Corp's Employer Identification Number (EIN) is 221891057. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Wildwood Lions Limited Dividends Housing Corp?
Wildwood Lions Limited Dividends Housing Corp is classified under NTEE code Unknown (Unknown).
Is Wildwood Lions Limited Dividends Housing Corp a registered 501(c)(3)?
Wildwood Lions Limited Dividends Housing Corp appears in IRS records (EIN: 221891057). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Wildwood Lions Limited Dividends Housing Corp file IRS Form 990?
Yes, Wildwood Lions Limited Dividends Housing Corp has 12 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was Wildwood Lions Limited Dividends Housing Corp's revenue in 2023?
In the 202309 filing period, Wildwood Lions Limited Dividends Housing Corp reported total revenue of $803,678, total expenses of $774,706, and net assets of $1,498,617.
Is Wildwood Lions Limited Dividends Housing Corp's revenue growing or declining?
Wildwood Lions Limited Dividends Housing Corp's revenue is relatively stable. Revenue went from $805,332 (202209) to $803,678 (202309), a -0.2% change. Based on 12 filings on record.
What is Wildwood Lions Limited Dividends Housing Corp's most recent 990 filing?
The most recent IRS Form 990 filing for Wildwood Lions Limited Dividends Housing Corp covers tax period 202309. It shows revenue of $803,678, expenses of $774,706, total assets of $1,498,617, and liabilities of $2,611,040.
How much does Wildwood Lions Limited Dividends Housing Corp spend on programs vs administration?
Based on IRS 990 analysis, Wildwood Lions Limited Dividends Housing Corp allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Wildwood Lions Limited Dividends Housing Corp a trustworthy charity?
Based on AI analysis of IRS 990 data, Wildwood Lions Limited Dividends Housing Corp shows mixed signals. Mission Score: 65/100 (Good). 2 red flags identified. 2 strengths noted.
What are the red flags for Wildwood Lions Limited Dividends Housing Corp?
The following concerns were identified: Total liabilities consistently outweigh total assets (e.g., $2,611,040 liabilities vs. $1,498,617 assets in 2023), suggesting potential financial instability or significant debt burden.. The 'limited dividends' in the name suggests a specific corporate structure that might impact how profits are distributed or retained, which isn't fully transparent from the provided data alone.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Wildwood Lions Limited Dividends Housing Corp's strengths?
Positive indicators for Wildwood Lions Limited Dividends Housing Corp include: Consistent revenue generation over an eight-year period (around $800,000 annually) demonstrates stable operational funding.. The organization has maintained a consistent asset base, indicating stable property or investment holdings.. These findings are derived from AI analysis of the organization's financial filings.
How does Wildwood Lions Limited Dividends Housing Corp compensate executives?
Executive compensation cannot be assessed as specific figures for salaries or compensation are not provided in the available financial data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 'Limited Dividends' in the name, how does this structure impact the organization's financial operations and its ability to reinvest in its mission, especially with high liabilities?
The 'Limited Dividends' structure typically means that any profits distributed to shareholders are capped. This could imply that excess funds, after covering operational costs and limited dividends, are intended for mission-related activities or debt reduction. However, the consistently high liabilities suggest that a significant portion of revenue may be allocated to servicing debt rather than generating substantial surpluses for reinvestment or dividend distribution.
Filing History
IRS 990 filing history for Wildwood Lions Limited Dividends Housing Corp showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Wildwood Lions Limited Dividends Housing Corp's revenue has grown by 2.6%, moving from $783K to $804K. Total assets decreased by 18% over the same period, from $1.8M to $1.5M. Total functional expenses fell by 3.7%, from $805K to $775K. In its most recent filing year (2023), Wildwood Lions Limited Dividends Housing Corp reported a surplus of $29K, with revenue exceeding expenses. The organization holds $2.6M in liabilities against $1.5M in assets (debt-to-asset ratio: 174.2%), resulting in net assets of $-1,112,423.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $804K | $775K | $1.5M | $2.6M | — | View 990 |
| 2022 | $805K | $733K | $1.4M | $2.6M | — | — |
| 2021 | $810K | $741K | $1.4M | $2.6M | — | View 990 |
| 2019 | $808K | $810K | $1.4M | $2.7M | — | View 990 |
| 2018 | $809K | $817K | $1.4M | $2.8M | — | View 990 |
| 2017 | $807K | $831K | $1.5M | $2.8M | — | View 990 |
| 2016 | $811K | $849K | $1.5M | $2.8M | — | View 990 |
| 2015 | $808K | $862K | $1.6M | $2.9M | — | View 990 |
| 2014 | $813K | $868K | $1.7M | $2.9M | — | View 990 |
| 2013 | $806K | $888K | $1.8M | $2.9M | — | View 990 |
| 2012 | $793K | $769K | $1.8M | $2.9M | — | View 990 |
| 2011 | $783K | $805K | $1.8M | $2.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $804K, expenses of $775K, and assets of $1.5M (revenue -0.2% year-over-year).
- 2022: Revenue of $805K, expenses of $733K, and assets of $1.4M (revenue -0.6% year-over-year).
- 2021: Revenue of $810K, expenses of $741K, and assets of $1.4M (revenue +0.3% year-over-year).
- 2019: Revenue of $808K, expenses of $810K, and assets of $1.4M (revenue -0.1% year-over-year).
- 2018: Revenue of $809K, expenses of $817K, and assets of $1.4M (revenue +0.3% year-over-year).
- 2017: Revenue of $807K, expenses of $831K, and assets of $1.5M (revenue -0.4% year-over-year).
- 2016: Revenue of $811K, expenses of $849K, and assets of $1.5M (revenue +0.3% year-over-year).
- 2015: Revenue of $808K, expenses of $862K, and assets of $1.6M (revenue -0.6% year-over-year).
- 2014: Revenue of $813K, expenses of $868K, and assets of $1.7M (revenue +0.8% year-over-year).
- 2013: Revenue of $806K, expenses of $888K, and assets of $1.8M (revenue +1.6% year-over-year).
- 2012: Revenue of $793K, expenses of $769K, and assets of $1.8M (revenue +1.3% year-over-year).
- 2011: Revenue of $783K, expenses of $805K, and assets of $1.8M.
Data Sources and Methodology
This transparency report for Wildwood Lions Limited Dividends Housing Corp 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.