Hispanic Multi-purpose Service Center Title Holding Co Inc
501(c)(2)
Only null% goes to programs Strong reserves Growing revenue
Hispanic Multi-purpose Service Center Title Holding Co Inc is a 501(c)(2) organization based in Paterson, New Jersey, registered in 1998, with $581,338 in FY2024 revenue. CharityIndex grades it B.
911 East 23rd Street, Paterson, NJ, 07513 EIN 22-3379425 Since 1998
Revenue (FY2024)
$581K
▲ 69.9% vs prior year
Expenses (FY2024)
$363K
Net assets
$1.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—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 Hispanic Multi-purpose Service Center Title Holding 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 →
AFinancial health25% of the rating38 mo reserves · +38% 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 Hispanic Multi-purpose Service Center Title Holding Co Inc: 38 mo reserves · +38% margin earns a A 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 Hispanic Multi-purpose Service Center Title Holding 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 →
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 Hispanic Multi-purpose Service Center Title Holding Co Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 911 East 23rd Street, Paterson, NJ, 07513
- City
- Paterson
- State
- New Jersey
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $121K (FY2014) to $581K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $38KNet assets $1.1M
Operating margin
37.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.2M
Total liabilities
$38K
Net assets
$1.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $581,338▲69.9% | $363,193▲38.3% | $1,142,760▲23.6% | $1,180,436▲25.2% | 990 |
| 2023 | $342,136▲17.8% | $262,573▼46.8% | $924,537▲9.9% | $943,033▲8.2% | 990 |
| 2022 | $290,378▼23.1% | $493,884▲129% | $841,198▼19.5% | $871,890▼16.7% | 990 |
| 2021 | $377,849▲95.2% | $215,472▼72.2% | $1,044,704▲18.4% | $1,046,504▲18.3% | 990 |
| 2020 | $193,563▼26.8% | $773,791▲423% | $882,327▲65.4% | $884,727▼39.6% | 990 |
| 2019 | $264,303▲44.4% | $148,044▲24.4% | $533,305▲29.8% | $1,464,355▲9.0% | 990 |
| 2018 | $183,028▼11.7% | $118,995▼45.5% | $410,981▼65.8% | $1,342,873▲11.7% | 990 |
| 2017 | $207,308▲60.4% | $218,410▲32.5% | $1,202,520▲323% | $1,202,520▼0.9% | 990 |
| 2016 | $129,208▼31.7% | $164,824▲3.8% | $284,370▼18.6% | $1,213,620▼13.2% | 990 |
| 2015 | $189,179▲55.9% | $158,850▲46.5% | $349,219▼60.9% | $1,398,407▼28.2% | 990 |
| 2014 | $121,332 | $108,415 | $892,630 | $1,946,680 | 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 Hispanic Multi-purpose Service Center Title Holding Co Inc a legitimate nonprofit?
- Yes. Hispanic Multi-purpose Service Center Title Holding Co Inc is a 501(c)(2) organization registered with the U.S. Internal Revenue Service under EIN 22-3379425, based in Paterson, New Jersey.
- What is Hispanic Multi-purpose Service Center Title Holding Co Inc's EIN?
- Hispanic Multi-purpose Service Center Title Holding Co Inc's Employer Identification Number (EIN) is 22-3379425.
- How much revenue does Hispanic Multi-purpose Service Center Title Holding Co Inc report?
- Hispanic Multi-purpose Service Center Title Holding Co Inc reported $581,338 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Hispanic Multi-purpose Service Center Title Holding Co Inc have?
- CharityIndex grades Hispanic Multi-purpose Service Center Title Holding Co Inc B, based on financial health (reserves and operating margin).
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Data for Hispanic Multi-purpose Service Center Title Holding Co Inc (EIN 22-3379425) 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.