CSCharityScored
41

Credo Housing Development Corporation

Human Services · Waterbury, Connecticut

1569 Thomaston Ave, Waterbury, CT 06704-1025

EIN: 222813920· Founded: May 1987· 39 years active· Filing Year: 2023

Annual Revenue

$128K

Total Expenses

$156K

Total Assets

$858K

Program Spending

42%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$41K

26.3% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$41K

26% of total expenses

Where the Money Goes

42%
Programs: 42%
Payroll: 26%
Other overhead: 58%
Program Revenue$66K (52%)
Total Expenses$156K (100%)
Payroll$41K (26%)
Overhead (non-program)58%

Trust Score Breakdown

Program Spending Ratio

42% of expenses go to programs

40%

Revenue & Stability

$128K annual revenue

15%

Executive Compensation

$41K total officer comp (26.3% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$858K in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.