L โ€” Housing & ShelterEIN: 510177339ยท 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

๐Ÿ’ฐ
$2.8M
Total Revenue
๐Ÿ“Š
$2.4M
Total Expenses
๐Ÿฆ
$4.8M
Net Assets
๐Ÿ“‹
$3.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+3.0%
Year-over-year change (2022 โ†’ 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$2,799,561โ†‘3%$2,416,945โ†‘1%$8,197,013โ†‘3%
2022$2,716,917โ†“1%$2,388,055โ†‘5%$7,969,373โ†‘2%
2021$2,750,185โ†‘5%$2,273,617โ†‘5%$7,818,061โ†‘5%
2020$2,619,845โ†‘1%$2,166,505โ†“2%$7,425,829โ†‘4%
2019$2,582,274โ†‘4%$2,200,577โ†‘4%$7,153,928โ†‘4%
2018$2,489,287โ†‘2%$2,124,241โ†‘4%$6,863,446โ†‘3%
2017$2,441,572โ†‘26%$2,038,692โ†‘8%$6,677,295โ†‘8%
2015$1,942,657โ†‘9%$1,888,643โ†‘4%$6,172,547
2013$1,779,693โ†‘1%$1,820,442โ†‘7%$6,161,885โ†“3%
2012$1,770,634โ†“2%$1,702,688โ†“3%$6,356,260โ†“1%
2011$1,813,829$1,759,305$6,403,786

Frequently Asked Questions

What does First Montclair Housing Corporation I Inc do?โ–ผ

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?โ–ผ

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?โ–ผ

First Montclair Housing Corporation I Inc reports $3.1M in annual revenue and holds $8.3M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Housing & Shelter category, or browse all nonprofits in New Jersey.

First Montclair Housing Corporation I Inc โ€” Montclair, NJ | GiveScope