Division Housing Corporation
Division Housing Corporation reported $2.7 million in revenue and $9,843 in expenses for calendar year 2024. Of every $100 it spent, $12.26 went to program services, $87.74 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 68.8% of the total. The highest compensation it reported for one person was $128,250 (PRESIDENT). Revenue fell 84% between FY2021 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $9,843For 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 $2.7MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 12.3% | 87.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 87.7% | 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 | Not reported | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.0% | 17.0% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 68.8% | 66.2% |
| Highest reported compensation Part VII-A, columns D–F | $128,250 | $300,863 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1302.96% | 1.57% |
| People paid over $100,000 Part VII, line 2 | 0 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 19,160.5 | 10.0 |
| Independent voting board members Part VI 1a–1b | 3 of 4 | 100.0% |
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 expenseHighest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT Director/trustee, officer, 5.00 hrs/week | $0 | $128,250 | $0 | $128,250 |
0 people received more than $100,000 in reportable compensation from Division Housing Corporation (Part VII, line 2).
5 filings since FY2021
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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–1b4 · 3 independent
- Audited financial statements Part XII 2bNo
- 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 50
Correct a figure or respond
Every number above is copied from Division Housing Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Division Housing Corporation, you can publish a response that is linked from this page.
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Of every $100 Division Housing Corporation spent in 2024, $12.26 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of Division Housing Corporation's spending goes to programs?
In calendar year 2024, Division Housing Corporation reported that 12.3% of its $9,843 in expenses went to program services, 87.7% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Division Housing Corporation pay its top executive?
The largest total compensation Division Housing Corporation reported for one person in calendar year 2024 was $128,250, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Division Housing Corporation get its money?
Of $2.7 million in revenue in calendar year 2024, 0.0% came from contributions and grants and 68.8% from program service revenue (Form 990, Part VIII).
Is Division Housing Corporation a registered charity?
The IRS lists EIN 45-3615582 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 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 202502689349301145 · read the filing
- FY2023 (6 mo.): Form 990 for the 6-month short period ending December 31, 2023, object 202413179349301881 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421369349303052 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202242999349300629 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202103159349305335 · read the filing
All filings for EIN 45-3615582: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.