Independent Housing I Inc
Only null% goes to programs Strong reserves
Independent Housing I Inc is a 501(c)(3) organization based in E Longmeadow, Massachusetts, registered in 1969, with $4,152,639 in FY2024 revenue. CharityIndex grades it C+.
24 Deer Park Dr, E Longmeadow, MA, 01028 EIN 04-6139987 Since 1969
Revenue (FY2024)
$4.2M
▲ 2.8% vs prior year
Housing median: $408K
Expenses (FY2024)
$3.9M
Net assets
$7.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
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 Independent Housing I 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 rating23 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 Independent Housing I Inc: 23 mo reserves · +6% 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 Independent Housing I 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 Independent Housing I Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 24 Deer Park Dr, E Longmeadow, MA, 01028
- City
- E Longmeadow
- State
- Massachusetts
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
Financial trends
Revenue grew from $3.0M (FY2013) to $4.2M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2.7MNet assets $7.5M
Operating margin
5.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$10.2M
Total liabilities
$2.7M
Net assets
$7.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $4,152,639▲2.8% | $3,919,312▲16.4% | $7,528,449▲3.2% | $10,208,361▼0.2% | 990 |
| 2023 | $4,038,517▲2.9% | $3,368,409▲5.8% | $7,296,067▲10.1% | $10,232,130▲8.6% | 990 |
| 2022 | $3,924,583▲5.4% | $3,184,315▼0.9% | $6,625,624▲12.4% | $9,419,408▲10.6% | 990 |
| 2021 | $3,722,030▲6.6% | $3,211,799▼5.8% | $5,895,310▲9.4% | $8,520,238▼1.5% | 990 |
| 2020 | $3,490,091 | $3,410,132▲5.2% | $5,388,085▲1.5% | $8,650,050▼3.0% | 990 |
| 2019 | $3,488,880▼0.2% | $3,240,666▲5.9% | $5,306,986▲5.0% | $8,918,065▼2.4% | 990 |
| 2018 | $3,495,570▲7.8% | $3,059,638▲7.4% | $5,053,250▲9.3% | $9,135,712▼1.0% | 990 |
| 2017 | $3,242,149▲3.3% | $2,849,139▲1.8% | $4,623,309▲9.2% | $9,230,591▼0.3% | 990 |
| 2016 | $3,137,758▲0.5% | $2,799,030▲6.6% | $4,233,942▲8.6% | $9,262,467▼0.7% | 990 |
| 2015 | $3,122,360▲2.9% | $2,625,789▼3.4% | $3,898,861▲14.4% | $9,328,943▲0.4% | 990 |
| 2014 | $3,034,289▲2.5% | $2,718,989▲6.3% | $3,409,575▲10.8% | $9,295,919▼1.6% | 990 |
| 2013 | $2,960,692 | $2,557,847▼1.0% | $3,077,579▲13.0% | $9,449,973▼2.7% | 990 |
| 2012 | — | $2,584,593▼4.8% | $2,722,465▲0.7% | $9,712,809▲0.2% | 990 |
| 2011 | — | $2,715,000▲10.3% | $2,704,361▲9.8% | $9,694,054▼0.1% | 990 |
| 2010 | — | $2,460,956 | $2,464,088 | $9,703,950 | 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 Independent Housing I Inc a legitimate nonprofit?
- Yes. Independent Housing I Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-6139987, based in E Longmeadow, Massachusetts. Donations are tax-deductible.
- What is Independent Housing I Inc's EIN?
- Independent Housing I Inc's Employer Identification Number (EIN) is 04-6139987.
- How much revenue does Independent Housing I Inc report?
- Independent Housing I Inc reported $4,152,639 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Independent Housing I Inc have?
- CharityIndex grades Independent Housing I Inc C+, based on financial health (reserves and operating margin).
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Data for Independent Housing I Inc (EIN 04-6139987) 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.