Keene Downtown Housing Corporation

Nonprofit profile at a glance

EIN
020364019
IRS 990-PF coverage
2025–2025
Forms available
Form 990 2024, Form 990-PF 2025
Location
Keene, NH, USA
Phone
6033574882
Rating
98
Verdict
STRONG
Rating confidence
Standard
Sector
Urban, Community Economic Development

Reported finances

Revenue
$20,815
Expenses
$30,193

Source: IRS Form 990-PF. Selected filing: tax year 2025. Amounts in USD.

Overview

Mission

Urban, Community Economic Development

What it reported funding in 2025

The foundation reported 3 filed grant rows totaling $30,000. The stated grant purposes included to support the roosevelt school apartments community outdoor engagement project which will provide essential outdoor amenities., to support the development of a dedicated loan officer position to deliver flexible financing for housing and related economic development projects in downtown keene., and to support programs that promote business development and relocations to the monadnock region of new hampshire..

Operating model

Revenue model
Investment-supported. 66% of the foundation's positive operating resources came from recurring investment income.
Distribution model
Grant intermediary. The foundation distributed 100% of its reported charitable disbursements as grants.

The verdict

STRONG - A large share of available resources goes to charitable grants and the filed numbers largely add up. No material rating questions were generated from the available inputs.

Rating breakdown

  • Grant Deployment: 100
  • Cost Efficiency: 99
  • Transparency: 100
  • Compliance: 100
  • Endowment Health: 81

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 100%; rating input score 100; 78th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 99.4%; rating input score 99; 97th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Foundation activity disclosures: 19 of 19 controls in place; rating input score 100
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Pass
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: Pass
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Individual grants for travel, study or similar purposes: Pass
    • Grants outside qualifying charitable organization categories: Pass
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 9; rating input score 100

Endowment Health

  • Endowment-health comparison: 22.6; rating input score 81; 81st percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: At least 100% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 81th percentile for endowment coverage
  • Consistency: 9 of 9 current checks pass
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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.