LHousing & ShelterEIN: 363237455· Ruling Year: 1984

Housing Opportunity Development Corporation

Skokie, Illinois

B+Health Score
68B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

💰
$2.3M
Total Revenue
📊
$2.5M
Total Expenses
🏦
$10.9M
Net Assets
📋
$7.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+5.1%
Year-over-year change (2022 → 2023)
Net Margin
-9.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.29
Net assets divided by total expenses
Liabilities-to-Assets
40.5%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$2,307,8195%$2,532,77820%$18,274,73915%
2022$2,194,92336%$2,116,80611%$15,916,660
2021$3,410,6531%$2,381,43124%$15,917,1747%
2020$3,435,18068%$1,920,514110%$14,875,1316%
2019$2,040,48022%$914,87243%$14,076,4718%
2019$1,677,32749%$1,596,78917%$12,984,2454%
2018$1,129,3451%$1,363,28119%$12,441,7902%
2017$1,144,90611%$1,680,64341%$12,738,4775%
2016$1,291,50865%$1,189,23031%$12,083,8267%
2015$3,722,27134%$907,15730%$11,307,13213%
2014$2,776,903169%$699,76476%$10,019,63996%
2013$1,031,84757%$2,931,423306%$5,121,10523%
2012$2,391,798117%$721,81118%$6,668,61041%
2011$1,104,411$610,764$4,745,440

Frequently Asked Questions

What does Housing Opportunity Development Corporation do?

Housing Opportunity Development Corporation is a housing & shelter nonprofit organization based in Illinois. It is classified under NTEE code L20Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Housing Opportunity Development Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Housing Opportunity Development Corporation has a score of 68/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Housing Opportunity Development Corporation generate?

Housing Opportunity Development Corporation reports $9.0M in annual revenue and holds $24.0M in total assets, based on IRS filings.

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