H S C No 5 Housing Development Fund Co Inc
Only null% goes to programs Thin reserves Growing revenue
H S C No 5 Housing Development Fund Co Inc is a 501(c)(3) organization based in Greenlawn, New York, registered in 2002, with $1,116,391 in FY2024 revenue. CharityIndex grades it F.
650 Paumanack Village Dr, Greenlawn, NY, 11740 EIN 01-0698010 Since 2002
Revenue (FY2024)
$1.1M
▲ 55.5% vs prior year
Housing median: $408K
Expenses (FY2024)
$1.2M
Net assets
-$4.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 H S C No 5 Housing Development Fund Co 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 · -6% 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 H S C No 5 Housing Development Fund Co Inc: 0 mo reserves · -6% 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 H S C No 5 Housing Development Fund Co Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 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 H S C No 5 Housing Development Fund Co Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 650 Paumanack Village Dr, Greenlawn, NY, 11740
- City
- Greenlawn
- State
- New York
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
Financial trends
Revenue grew from $500K (FY2013) to $1.1M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $9.4MNet assets -$4.3M
Operating margin
-6.2%
Spent more than it raised in the latest fiscal year.
Total assets
$5.1M
Total liabilities
$9.4M
Net assets
-$4.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,116,391▲55.5% | $1,185,598▲13.6% | -$4,289,340▼1.6% | $5,092,610▼1.3% | 990 |
| 2023 | $717,905▼5.1% | $1,043,216▲0.2% | -$4,220,133▼8.4% | $5,160,506▼5.9% | 990 |
| 2022 | $756,681▼20.5% | $1,040,625▲7.5% | -$3,894,822▼7.9% | $5,481,229▼4.8% | 990 |
| 2021 | $951,248▲28.2% | $968,039▲9.6% | -$3,610,878▼0.5% | $5,757,814▼1.0% | 990 |
| 2020 | $741,958▲11.4% | $883,517▲13.1% | -$3,594,087▼4.1% | $5,816,026▼2.1% | 990 |
| 2019 | $665,741▲32.6% | $780,899▲0.1% | -$3,452,528▼3.5% | $5,939,085▼2.0% | 990 |
| 2018 | $501,972▲0.9% | $780,384▲4.3% | -$3,337,370▼9.1% | $6,060,318▼4.4% | 990 |
| 2017 | $497,252▼0.6% | $748,289▲2.0% | -$3,058,958▼8.9% | $6,342,533▼7.1% | 990 |
| 2016 | $500,230▲0.5% | $733,438▼20.4% | -$2,807,921▼9.1% | $6,826,551▼2.4% | 990 |
| 2015 | $497,609▼0.3% | $921,679▲24.0% | -$2,574,713▼19.7% | $6,996,334▼2.9% | 990 |
| 2014 | $499,287▼0.2% | $743,526▼0.2% | -$2,151,235▼12.8% | $7,202,932▼3.3% | 990 |
| 2013 | $500,380 | $744,693▲4.4% | -$1,906,996▼14.7% | $7,449,298▼3.1% | 990 |
| 2012 | — | $713,361▲2.3% | -$1,662,683▼14.9% | $7,690,980▼2.8% | 990 |
| 2011 | — | $697,340▼3.9% | -$1,446,688▼16.2% | $7,909,344▼2.4% | 990 |
| 2010 | — | $725,743 | -$1,245,079 | $8,101,653 | 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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Frequently asked questions
- Is H S C No 5 Housing Development Fund Co Inc a legitimate nonprofit?
- Yes. H S C No 5 Housing Development Fund Co Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 01-0698010, based in Greenlawn, New York. Donations are tax-deductible.
- What is H S C No 5 Housing Development Fund Co Inc's EIN?
- H S C No 5 Housing Development Fund Co Inc's Employer Identification Number (EIN) is 01-0698010.
- How much revenue does H S C No 5 Housing Development Fund Co Inc report?
- H S C No 5 Housing Development Fund Co Inc reported $1,116,391 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does H S C No 5 Housing Development Fund Co Inc have?
- CharityIndex grades H S C No 5 Housing Development Fund Co Inc F, based on financial health (reserves and operating margin).
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Data for H S C No 5 Housing Development Fund Co Inc (EIN 01-0698010) 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.