Monsignor Henry J Reel II Senior Housing Development Fund Co Inc is a 501(c)(3) organization based in Hicksville, New York, registered in 1998, with $544,711 in FY2023 revenue. CharityIndex grades it C.
Revenue (FY2023)
$545K
▲ 5.3% vs prior year
Housing median: $408K
Expenses (FY2023)
$662K
Net assets
$2.4M
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 Monsignor Henry J Reel II Senior 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 →
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 Monsignor Henry J Reel II Senior Housing Development Fund Co Inc: 43 mo reserves · -22% 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 Monsignor Henry J Reel II Senior 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 →
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 Monsignor Henry J Reel II Senior Housing Development Fund Co Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $322K (FY2013) to $545K (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-21.5%
Spent more than it raised in the latest fiscal year.
Total assets
$2.5M
Total liabilities
$167K
Net assets
$2.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $544,711▲5.3% | $662,043▲21.9% | $2,378,396▼4.7% | $2,545,088▼3.0% | 990 |
| 2022 | $517,109▲12.1% | $543,034▲7.5% | $2,495,728▼1.0% | $2,623,568▼0.3% | 990 |
| 2021 | $461,159▲5.1% | $504,938▲7.7% | $2,521,653▼1.7% | $2,631,770▼2.3% | 990 |
| 2020 | $438,656▲3.3% | $468,636▲9.0% | $2,565,432▼1.2% | $2,692,465▼3.5% | 990 |
| 2019 | $424,680▲5.3% | $430,030▲3.0% | $2,595,412▼0.2% | $2,790,794▲1.0% | 990 |
| 2018 | $403,416▲9.3% | $417,308▲0.6% | $2,600,762▼0.5% | $2,763,967▲0.6% | 990 |
| 2017 | $369,164▲3.3% | $414,644▲2.6% | $2,614,166▼1.7% | $2,748,604▼1.3% | 990 |
| 2016 | $357,377▲7.8% | $404,024▲5.9% | $2,659,646▼1.7% | $2,783,649▼1.4% | 990 |
| 2015 | $331,514▼0.5% | $381,355▼2.2% | $2,706,293▼1.8% | $2,822,805▼1.7% | 990 |
| 2014 | $333,261▲3.6% | $389,886▲2.7% | $2,756,134▼2.0% | $2,872,888▼1.8% | 990 |
| 2013 | $321,585 | $379,667▲1.0% | $2,812,759▼2.0% | $2,924,360▼2.2% | 990 |
| 2012 | — | $376,056▲7.6% | $2,870,841▼2.6% | $2,991,579▼2.2% | 990 |
| 2011 | — | $349,467▼3.5% | $2,948,569▼3.9% | $3,058,716▼3.7% | 990 |
| 2010 | — | $362,263▲11.9% | $3,069,103▼4.1% | $3,174,911▼3.7% | 990 |
| 2009 | — | $323,864 | $3,199,874 | $3,297,474 | 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 Monsignor Henry J Reel II Senior Housing Development Fund Co Inc (EIN 11-3440265) 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.