Hudson River Housing Inc

Nonprofit profile at a glance

EIN
222456648
IRS 990 coverage
2010–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Poughkeepsie, NY, USA
Phone
8454545176
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$22,092,332
Expenses
$20,817,756
Assets
$38,029,040
Liabilities
$19,162,435

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

Leadership & pay

22 people listed

Executive titles in this filing

  • CHRISTA HINES (PRESIDENT/CE)
  • EMILY DOZIER (PRESIDENT)

Highest reported compensation

  • CHRISTA HINES (PRESIDENT/CE): $207,372 total reported compensation
  • HOWARD LAWRENCE (VP OF FACILI): $120,975 total reported compensation
  • RONALD MYERS (RESIGNED 10/): $119,918 total reported compensation

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

Overview

Mission

To provide housing and services to qualified individuals.

What it reported doing in 2024

Program expenses hudson river lodging - 2,825,417 real estate development and management - 5,691,564 maybrook - 374,660 permanent housing - 4,136,684 npc - 130,707 neighborworks - 0 fish street - 41,952 harlow properties - 129,201 garden street - 498,476 other - 103,039 total other program expenses - 13,931,700 program revenues hudson river lodging - 3,794,623 real estate development and management - 0 maybrook - 504,319 permanent housing - 221,402 npc - 0 neighborworks - 0 fish street - 35,844 harlow properties - 102,214 garden street - 397,167 other program revenue - 1,764,955 total other program revenues - 6,820,524

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 71
  • Accountability: 95
  • Sustainability: 54
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 82.6%; rating input score 83
  • Program expense ratio: 88.9%; rating input score 89
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 5.8%; rating input score 56; 56th percentile among comparable filings
  • Total-asset coverage ratio: 1.83; rating input score 58; 58th percentile among comparable filings
  • Liabilities to assets ratio: 0.5; rating input score 28; 28th percentile among comparable filings
  • Officer compensation ratio: 3.7%; rating input score 62; 62nd percentile among comparable filings

Growth

  • Program expense growth: 9.5% per year; rating input score 100; 68th percentile among comparable filings
  • Revenue growth: 8.6% per year; rating input score 100; 68th percentile among comparable filings
  • Asset growth: 5.3% per year; rating input score 100; 38th percentile among comparable filings

Details

  • Where the money goes: 82.6% of revenue deployed · 88.9% of spending went to programs
  • Governance: 15 of 15 board members independent · 8 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $18.5M in reported program spending
  • Leadership: top reported pay $207K · 22 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 3 contractors listed · $831K reported
  • Consistency: 36 of 36 current checks pass
  • Schedules: 8 filed schedules · includes major donors, executive pay, and related organizations
  • Filing history: 13 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: 9 filed related-organization links
  • 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.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Sustainability: Operating margin scored 56/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 58/100.
  • High — Sustainability: Liabilities to assets ratio scored 28/100.