LHousing & ShelterEIN: 510177339· Ruling Year: 1980

First Montclair Housing Corporation I Inc

Montclair, New Jersey

B+Health Score
68B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

💰
$2.8M
Total Revenue
📊
$2.4M
Total Expenses
🏦
$4.8M
Net Assets
📋
$3.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+3.0%
Year-over-year change (2022 → 2023)
Net Margin
+13.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.98
Net assets divided by total expenses
Liabilities-to-Assets
41.7%
Total liabilities as % of total assets

Filing History

11 filings on record
YearRevenueExpensesAssets
2023$2,799,5613%$2,416,9451%$8,197,0133%
2022$2,716,9171%$2,388,0555%$7,969,3732%
2021$2,750,1855%$2,273,6175%$7,818,0615%
2020$2,619,8451%$2,166,5052%$7,425,8294%
2019$2,582,2744%$2,200,5774%$7,153,9284%
2018$2,489,2872%$2,124,2414%$6,863,4463%
2017$2,441,57226%$2,038,6928%$6,677,2958%
2015$1,942,6579%$1,888,6434%$6,172,547
2013$1,779,6931%$1,820,4427%$6,161,8853%
2012$1,770,6342%$1,702,6883%$6,356,2601%
2011$1,813,829$1,759,305$6,403,786

Frequently Asked Questions

What does First Montclair Housing Corporation I Inc do?

First Montclair Housing Corporation I Inc is a housing & shelter nonprofit organization based in New Jersey. It is classified under NTEE code L20Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is First Montclair Housing Corporation I Inc financially healthy?

Based on our 9-metric Financial Health Score model, First Montclair Housing Corporation I Inc has a score of 68/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does First Montclair Housing Corporation I Inc generate?

First Montclair Housing Corporation I Inc reports $3.0M in annual revenue and holds $8.3M in total assets, based on IRS filings.

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