Teterboro I Housing Corporation
Only null% goes to programs Strong reserves Growing revenue
Teterboro I Housing Corporation is a 501(c)(3) organization based in Teterboro, New Jersey, registered in 1998, with $348,111 in FY2024 revenue. CharityIndex grades it C+.
510 Route 46 West, Teterboro, NJ, 07608 EIN 22-3572461 Since 1998
Revenue (FY2024)
$348K
▲ 8.6% vs prior year
Housing median: $408K
Expenses (FY2024)
$329K
Net assets
$306K
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 Teterboro I Housing Corporation— 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 rating11 mo reserves · +5% 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 Teterboro I Housing Corporation: 11 mo reserves · +5% 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 Teterboro I Housing Corporation— 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 Teterboro I Housing Corporation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 510 Route 46 West, Teterboro, NJ, 07608
- City
- Teterboro
- State
- New Jersey
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
Financial trends
Revenue grew from $264K (FY2013) to $348K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $899KNet assets $306K
Operating margin
5.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.2M
Total liabilities
$899K
Net assets
$306K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $348,111▲8.6% | $329,092▲16.3% | $306,045▲6.5% | $1,204,683▼4.2% | 990 |
| 2023 | $320,521▲2.5% | $282,883▲8.9% | $287,461▲15.1% | $1,257,526▼2.7% | 990 |
| 2022 | $312,729▲3.3% | $259,855▼3.1% | $249,823▲26.8% | $1,292,132▼2.2% | 990 |
| 2021 | $302,668▲0.6% | $268,275▲4.1% | $196,949▲21.2% | $1,320,657▼1.8% | 990 |
| 2020 | $300,738▲2.0% | $257,723▼4.8% | $162,556▲36.0% | $1,345,374▼0.7% | 990 |
| 2019 | $294,982▲4.2% | $270,642▲8.2% | $119,541▲25.6% | $1,354,540▼2.9% | 990 |
| 2018 | $283,209▲1.0% | $250,086▼4.0% | $95,201▲53.4% | $1,395,262▼2.2% | 990 |
| 2017 | $280,311▲2.2% | $260,450▼5.7% | $62,078▲47.0% | $1,426,993▼2.2% | 990 |
| 2016 | $274,343 | $276,099▼5.6% | $42,217▼4.0% | $1,458,651▼1.9% | 990 |
| 2015 | $274,369▲1.3% | $292,460▲4.9% | $43,973▼29.1% | $1,487,406▼4.0% | 990 |
| 2014 | $270,869▲2.7% | $278,717▼4.4% | $62,064▼11.2% | $1,549,838▼2.8% | 990 |
| 2013 | $263,772 | $291,559▼2.4% | $69,912▼28.4% | $1,595,120▼5.1% | 990 |
| 2012 | — | $298,577▲3.7% | $97,699▼40.0% | $1,680,624▼4.1% | 990 |
| 2011 | — | $287,826 | $162,926 | $1,753,010 | 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 Teterboro I Housing Corporation a legitimate nonprofit?
- Yes. Teterboro I Housing Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-3572461, based in Teterboro, New Jersey. Donations are tax-deductible.
- What is Teterboro I Housing Corporation's EIN?
- Teterboro I Housing Corporation's Employer Identification Number (EIN) is 22-3572461.
- How much revenue does Teterboro I Housing Corporation report?
- Teterboro I Housing Corporation reported $348,111 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Teterboro I Housing Corporation have?
- CharityIndex grades Teterboro I Housing Corporation C+, based on financial health (reserves and operating margin).
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Data for Teterboro I Housing Corporation (EIN 22-3572461) 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.