Woodstock Housing Development Fund Corporation For Senior Citizens
EIN: 510173450 · New York, NY · NTEE: L22Z
| Metric | Value |
|---|---|
| Total Revenue | $4.5M |
| Total Expenses | $4.6M |
| Net Assets | $-1,531,450 |
Is Woodstock Housing Development Fund Corporation For Senior Citizens Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Woodstock Housing Development Fund Corporation For Senior Citizens
Woodstock Housing Development Fund Corporation For Senior Citizens (EIN: 510173450) is a nonprofit organization based in New York, NY, classified under NTEE code L22Z. The organization reported total revenue of $4.5M and total assets of $15.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Woodstock Housing Development Fund Corporation For Senior Citizens's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Woodstock Housing Development Fund Corporation For Senior Citizens is a mid-size nonprofit that has been operating for 51 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 18.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.9M |
| Total Expenses | $4.6M |
| Surplus / Deficit | +$246K |
| Total Assets | $15.9M |
| Total Liabilities | $17.5M |
| Net Assets | $-1,531,450 |
| Operating Margin | 5.0% |
| Debt-to-Asset Ratio | 109.6% |
| Months of Reserves | 41.4 months |
Financial Health Grade: A
In 2023, Woodstock Housing Development Fund Corporation For Senior Citizens reported a surplus of $246K with revenue exceeding expenses, holds 41.4 months of operating reserves (strong position), has a debt-to-asset ratio of 109.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Woodstock Housing Development Fund Corporation For Senior Citizens's revenue has grown at a compound annual growth rate (CAGR) of 18.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.6% | +5.1% | +1.2% |
| 2022 | +41.9% | +1.1% | +2.3% |
| 2021 | +11.3% | +10.8% | -6.6% |
| 2020 | -10.9% | +1.5% | +6.7% |
| 2019 | +1.5% | +5.6% | +11.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1975 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Woodstock Housing Development Fund Corporation For Senior Citizens 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 Woodstock Housing Development Fund Corporation For Senior Citizens 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 surplus of $246K, with revenue exceeding expenses.
- Debt-to-asset ratio: 109.6%.
Frequently Asked Questions about Woodstock Housing Development Fund Corporation For Senior Citizens
Is Woodstock Housing Development Fund Corporation For Senior Citizens a legitimate charity?
Woodstock Housing Development Fund Corporation For Senior Citizens (EIN: 510173450) is a registered tax-exempt nonprofit based in New York. It has 13 years of IRS 990 filings on record. Total revenue: $4.5M. No red flags identified. Financial health grade: A.
How does Woodstock Housing Development Fund Corporation For Senior Citizens spend its money?
Woodstock Housing Development Fund Corporation For Senior Citizens reported $4.5M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Woodstock Housing Development Fund Corporation For Senior Citizens tax-deductible?
Woodstock Housing Development Fund Corporation For Senior Citizens is registered as a tax-exempt nonprofit (EIN: 510173450). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Woodstock Housing Development Fund Corporation For Senior Citizens located?
Woodstock Housing Development Fund Corporation For Senior Citizens is headquartered in New York, New York and files with the IRS under EIN 510173450. It is classified under NTEE code L22Z.
How many years of IRS 990 filings does Woodstock Housing Development Fund Corporation For Senior Citizens have?
Woodstock Housing Development Fund Corporation For Senior Citizens 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 $4.5M in total revenue.
Filing History
IRS 990 filing history for Woodstock Housing Development Fund Corporation For Senior Citizens showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Woodstock Housing Development Fund Corporation For Senior Citizens's revenue has grown by 662.6%, moving from $638K to $4.9M. Total assets increased by 695.4% over the same period, from $2.0M to $15.9M. Total functional expenses rose by 653.4%, from $613K to $4.6M. In its most recent filing year (2023), Woodstock Housing Development Fund Corporation For Senior Citizens reported a surplus of $246K, with revenue exceeding expenses. The organization holds $17.5M in liabilities against $15.9M in assets (debt-to-asset ratio: 109.6%), resulting in net assets of $-1,531,450.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.9M | $4.6M | $15.9M | $17.5M | — | — |
| 2022 | $4.7M | $4.4M | $15.7M | $17.5M | — | — |
| 2021 | $3.3M | $4.4M | $15.4M | $17.3M | — | View 990 |
| 2020 | $3.0M | $3.9M | $16.5M | $17.3M | — | — |
| 2019 | $3.4M | $3.9M | $15.4M | $15.4M | — | View 990 |
| 2018 | $3.3M | $3.7M | $13.9M | $13.3M | — | View 990 |
| 2017 | $3.3M | $3.6M | $11.9M | $11.0M | — | View 990 |
| 2016 | $3.3M | $3.6M | $12.3M | $11.1M | — | View 990 |
| 2015 | $3.2M | $3.6M | $12.5M | $11.0M | — | View 990 |
| 2014 | $3.2M | $3.6M | $12.8M | $10.9M | — | View 990 |
| 2013 | $3.3M | $3.3M | $13.4M | $11.1M | — | View 990 |
| 2012 | $2.2M | $2.2M | $12.8M | $10.3M | — | View 990 |
| 2011 | $638K | $613K | $2.0M | $489K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.9M, expenses of $4.6M, and assets of $15.9M (revenue +2.6% year-over-year).
- 2022: Revenue of $4.7M, expenses of $4.4M, and assets of $15.7M (revenue +41.9% year-over-year).
- 2021: Revenue of $3.3M, expenses of $4.4M, and assets of $15.4M (revenue +11.3% year-over-year).
- 2020: Revenue of $3.0M, expenses of $3.9M, and assets of $16.5M (revenue -10.9% year-over-year).
- 2019: Revenue of $3.4M, expenses of $3.9M, and assets of $15.4M (revenue +1.5% year-over-year).
- 2018: Revenue of $3.3M, expenses of $3.7M, and assets of $13.9M (revenue +2.1% year-over-year).
- 2017: Revenue of $3.3M, expenses of $3.6M, and assets of $11.9M (revenue -0.7% year-over-year).
- 2016: Revenue of $3.3M, expenses of $3.6M, and assets of $12.3M (revenue +1.2% year-over-year).
- 2015: Revenue of $3.2M, expenses of $3.6M, and assets of $12.5M (revenue +1.8% year-over-year).
- 2014: Revenue of $3.2M, expenses of $3.6M, and assets of $12.8M (revenue -3.4% year-over-year).
- 2013: Revenue of $3.3M, expenses of $3.3M, and assets of $13.4M (revenue +52.7% year-over-year).
- 2012: Revenue of $2.2M, expenses of $2.2M, and assets of $12.8M (revenue +238.0% year-over-year).
- 2011: Revenue of $638K, expenses of $613K, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Woodstock Housing Development Fund Corporation For Senior Citizens:
Data Sources and Methodology
This transparency report for Woodstock Housing Development Fund Corporation For Senior Citizens 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.