CSCharityScored
42

West Elmwood Housing Development Corp

Human Services · Providence, Rhode Island

224 Dexter St, Providence, RI 02907-2413

EIN: 237138165· Founded: Dec 1971· 55 years active· Filing Year: 2023

Annual Revenue

$1.6M

Total Expenses

$1.7M

Total Assets

$1.6M

Program Spending

4%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$100K

5.8% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$747K

Total Payroll

$847K

49% of total expenses

Where the Money Goes

4%
Programs: 4%
Payroll: 49%
Other overhead: 96%
Program Revenue$63K (4%)
Total Expenses$1.7M (100%)
Payroll$847K (49%)
Overhead (non-program)96%

Trust Score Breakdown

Program Spending Ratio

4% of expenses go to programs

40%

Revenue & Stability

$1.6M annual revenue

15%

Executive Compensation

$100K total officer comp (5.8% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$1.6M 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.