Gainesville Housing Development & Management Corp is a 501(c)(3) organization based in Gainesville, Florida, registered in 2014, with $361,976 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$362K
▼ 2.0% vs prior year
Housing median: $408K
Expenses (FY2024)
$433K
Net assets
$719K
Employees
—
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 Gainesville Housing Development & Management Corp— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Gainesville Housing Development & Management Corp: 20 mo reserves · -20% margin earns a C+ on this criterion. See the exact thresholds →
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 Gainesville Housing Development & Management Corp— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Gainesville Housing Development & Management Corp: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $387K (FY2020) to $362K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
-19.6%
Spent more than it raised in the latest fiscal year.
Total assets
$1.7M
Total liabilities
$998K
Net assets
$719K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $361,976▼2.0% | $432,901▲11.4% | $719,245▼9.1% | $1,717,013▼6.3% | 990 |
| 2023 | $369,211▲0.1% | $388,750▼5.9% | $791,027▼2.5% | $1,832,074▼3.0% | 990 |
| 2022 | $368,980▼37.3% | $413,333▼3.2% | $811,082▼10.4% | $1,889,250▼4.9% | 990 |
| 2021 | $588,752▲52.1% | $427,166▼4.2% | $905,435▲21.7% | $1,986,928▲3.1% | 990 |
| 2020 | $387,145 | $446,113 | $743,849 | $1,927,818 | 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.
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Data for Gainesville Housing Development & Management Corp (EIN 46-4552701) 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.