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Rupco

Kingston, NY · EIN 22-2368174 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Rupco reported $17.3 million in revenue and $15.0 million in expenses for calendar year 2024. Of every $100 it spent, $85.74 went to program services, $14.26 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 47.6% of the total. Government grants made up 44.8%. The highest compensation it reported for one person was $246,536 (CEO). 6 people received more than $100,000 in reportable compensation. Revenue rose 80% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $15M

For context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $17M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 933 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
85.7%87.5%
Management & general
Part IX 25(C) ÷ 25(A)
14.3%10.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
47.6%17.0%
Government grants share of revenue
Part VIII 1e ÷ 12
44.8%1.0%
Program service revenue share
Part VIII 2g ÷ 12
40.7%66.2%
Highest reported compensation
Part VII-A, columns D–F
$246,536$300,863
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.65%1.57%
People paid over $100,000
Part VII, line 2
65
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
13.810.0
Independent voting board members
Part VI 1a–1b
10 of 10100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$7.7M expenses · 60.0% of program spending · revenue $5.2M

To provide low-cost housing for low-income, elderly, and disabled persons

$2.8M expenses · 21.5% of program spending · revenue $2.8M

Provide counseling for housing purchases and management of grant programs to assist low income people with necessary repairs for homes and section 8 rental units

$35,456 expenses · 0.3% of program spending · revenue $35,456

To create awareness in the local community for the need for low income housing. Also promote energy efficient housing and administer green energy programs

$2.3M all other programs (line 4d)

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO
Officer, 35.00 hrs/week
$246,536$0$0$246,536
COO
Officer, 35.00 hrs/week
$150,515$0$0$150,515
CFO
Officer, 35.00 hrs/week
$136,992$0$0$136,992
SR VP OF HOU
Highest compensated employee, 35.00 hrs/week
$133,652$0$0$133,652
VP OF PROP.
Highest compensated employee, 35.00 hrs/week
$133,147$0$0$133,147
VP OF PROGRA
Highest compensated employee, 35.00 hrs/week
$123,426$0$0$123,426

6 people received more than $100,000 in reportable compensation from Rupco (Part VII, line 2). Compensation of current officers, directors and key employees totaled $534K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20M201920202021202220232024$17M$15M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$17M$15M85.7%$17M$246,536
2023 ⓘ$13M$14M85.2%$15M$185,524
2022 ⓘ$13M$14M86.4%$16M$230,180
2021 (amended) ⓘ$11M$10M83.9%$17M—
2020 ⓘ$11M$9.4M84.8%$14M$195,869
2019 ⓘ$9.6M$8.8M82.9%$12M$195,421

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b10 · 10 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5136
  • Volunteers Part I, line 650

Private foundation grants it received

7 private foundations reported grants to Rupco totaling $403K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Rupco's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Rupco, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All housing & shelter charities · Largest charities in New York

Questions people ask

How much of Rupco's spending goes to programs?

In calendar year 2024, Rupco reported that 85.7% of its $15.0 million in expenses went to program services, 14.3% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Rupco pay its top executive?

The largest total compensation Rupco reported for one person in calendar year 2024 was $246,536, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Rupco get its money?

Of $17.3 million in revenue in calendar year 2024, 47.6% came from contributions and grants (including 44.8% from government grants) and 40.7% from program service revenue (Form 990, Part VIII).

Is Rupco a registered charity?

The IRS lists EIN 22-2368174 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202523219349314177 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202442329349300229 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202322349349301482 · read the filing
  • 2021: Form 990 for calendar year 2021 (amended), object 202410169349301126 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202112599349300931 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202002609349300025 · read the filing

All filings for EIN 22-2368174: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.