C S C Housing Development Fund Company Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Thin reserves Growing revenue
C S C Housing Development Fund Company Inc is a 501(c)(3) organization based in Watervliet, New York, registered in 1946, with $324,051 in FY2024 revenue. CharityIndex grades it D.
6 Carondolet Drive, Watervliet, NY, 12189 EIN 14-1757306 Since 1946
Revenue (FY2024)
$324K
▲ 6.7% vs prior year
Expenses (FY2024)
$433K
Net assets
-$1.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for C S C Housing Development Fund Company Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -34% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For C S C Housing Development Fund Company Inc: 0 mo reserves · -34% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for C S C Housing Development Fund Company Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For C S C Housing Development Fund Company Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 6 Carondolet Drive, Watervliet, NY, 12189
- City
- Watervliet
- State
- New York
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $255K (FY2013) to $324K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2.1MNet assets -$1.0M
Operating margin
-33.6%
Spent more than it raised in the latest fiscal year.
Total assets
$1.1M
Total liabilities
$2.1M
Net assets
-$1.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $324,051▲6.7% | $432,967▲27.9% | -$1,025,078▼11.9% | $1,088,459▼1.5% | 990 |
| 2023 | $303,807▲8.5% | $338,527▼6.0% | -$916,162▼3.9% | $1,105,207▼3.4% | 990 |
| 2022 | $279,907▲6.5% | $360,210▼7.8% | -$881,442▼10.0% | $1,144,227▼6.7% | 990 |
| 2021 | $262,770▼5.2% | $390,562▲16.4% | -$801,139▼19.0% | $1,226,783▼9.0% | 990 |
| 2020 | $277,290▲6.3% | $335,648▲4.0% | -$673,347▼8.7% | $1,348,794▼2.6% | 990 |
| 2019 | $260,844▲4.7% | $322,624▲6.9% | -$619,421▼11.1% | $1,385,204▼3.9% | 990 |
| 2018 | $249,033▲0.5% | $301,741▼4.9% | -$557,641▼7.7% | $1,441,018▼2.9% | 990 |
| 2017 | $247,905▼1.4% | $317,414▼10.6% | -$517,687▼10.4% | $1,484,118▼3.5% | 990 |
| 2016 | $251,531▼4.1% | $355,152▲14.6% | -$468,717▼31.9% | $1,537,152▼7.2% | 990 |
| 2015 | $262,410▲5.0% | $309,795▲2.5% | -$355,225▼15.4% | $1,656,454▼2.5% | 990 |
| 2014 | $249,882▼2.1% | $302,126▼6.9% | -$307,840▼20.4% | $1,698,975▼2.3% | 990 |
| 2013 | $255,323 | $324,620▲0.7% | -$255,596▼37.2% | $1,738,437▼5.5% | 990 |
| 2012 | — | $322,207▼1.8% | -$186,299▼98.0% | $1,838,798▼3.2% | 990 |
| 2011 | — | $328,012▲3.1% | -$94,114▼198% | $1,900,367▼3.5% | 990 |
| 2010 | — | $318,182 | -$31,627 | $1,969,192 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is C S C Housing Development Fund Company Inc a legitimate nonprofit?
- Yes. C S C Housing Development Fund Company Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 14-1757306, based in Watervliet, New York. Donations are tax-deductible.
- What is C S C Housing Development Fund Company Inc's EIN?
- C S C Housing Development Fund Company Inc's Employer Identification Number (EIN) is 14-1757306.
- How much revenue does C S C Housing Development Fund Company Inc report?
- C S C Housing Development Fund Company Inc reported $324,051 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does C S C Housing Development Fund Company Inc have?
- CharityIndex grades C S C Housing Development Fund Company Inc D, based on financial health (reserves and operating margin).
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Data for C S C Housing Development Fund Company Inc (EIN 14-1757306) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.