Eihab Holding Corporation Inc

Nonprofit profile at a glance

EIN
473293921
IRS 990 coverage
2016–2024
Forms available
Form 990 2024, Form 990-N 2014
Location
Springfield Gardens, NY, USA
Phone
7182766101
Rating confidence
Limited
Sector
Real Estate Associations

Official website

Reported finances

Revenue
$543,433
Expenses
$528,645
Assets
$6,421,267
Liabilities
$6,569,966

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • JIHAN HEGAZY (PRESIDENT)
  • HAMDY ELGINDY (CO-CEO)
  • JOSHUA THOMAS (CO-CEO)

People named in this filing

  • JIHAN HEGAZY (PRESIDENT)
  • MANAL HEGAZY (SECRETARY)
  • HAMDY ELGINDY (CO-CEO)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To hold title to real property, collect income therefrom, and turn over to its members.

What it reported doing in 2024

Eihab holding corporation, inc. (ganization") holds title to the real property transferred to it by the three members, collect rental income therefrom, and turn over the entire amount thereof, less expenses, to the three members. However, the organization may, from time to time, retain reasonable cash reserves in order to acquire new real estate that will be held by the organization for the benefit of its members. Any such cash reserves will be held for less than one year before making an investment in real estate. The three members are eihab human services, inc., eihab human services New Jersey, inc. And eihab human services Pennsylvania, inc. They are charitable organizations exempt from taxation under section 501(c (3) of the internal revenue code.

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

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: NotEnoughData
  • Transparency & Controls: 100
  • Accountability: 100
  • Sustainability: 58
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 2.7%; rating input score 44; 44th percentile among comparable filings
  • Total-asset coverage ratio: 12.15; rating input score 93; 93rd percentile among comparable filings
  • Liabilities to assets ratio: 1.02; rating input score 5; 5th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 15.3% per year; rating input score 100; 79th percentile among comparable filings
  • Asset growth: 13.9% per year; rating input score 100; 70th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 2 of 2 board members independent · 7 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 13 of 13 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 9 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • 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.

  • Moderate — Sustainability: Operating margin scored 44/100.
  • High — Sustainability: Liabilities to assets ratio scored 5/100.