Crannell Square Housing Development Fund
Nonprofit profile at a glance
- EIN
- 850546314
- IRS 990-EZ coverage
- 2022–2022
- Forms available
- Form 990-EZ 2022
- Location
- Poughkeepsie, NY, USA
- Phone
- 8454545176
- Rating confidence
- Limited
Reported finances
- Revenue
- $0
- Expenses
- $99
- Assets
- $0
- Liabilities
- $99
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
3 people listed
People named in this filing
- SUSAN FORTUNATO (DIRECTOR)
- CHRISTA HINES (AUTHORIZED OFFICER)
- MARY LINGE (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Crannell square housing development fund corporation was organized on march 20, 2020 under section 402 of the nont-for-profit corporation law and pursuant to article xi of the private housing finance law (housing development fund companies law) of the state of ny. Crannell square hdfc is a not-for-profit charitable organization exempt from income and excise taxes under section 501(c)(3) of the internal revenue code. Crannell square hdfc was formed for the charitable purpose of rehabilitating, maintaining, and operating low- income housing projects that create safe and secure housing for those that are homeless or at risk of being homeless.
What it reported doing in 2022
To strengthen individuals, families, and communities by developing and sustaining affordable housing.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 7
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.