Civic Intelligence

People Incorporated

EIN 04-2447216 • 501(c)3 • Fall River, MA

View Organization Page

Profile

To strengthen our community for each of its members by providing premier services for children and adults of all abilities in a collaborative and creative environment.

4 South Main StreetFall River, MA 02721

www.peopleincfr.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.35x

Higher debt load relative to assets than 60% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2023

Liabilities / Revenue

41st percentile

0.25x

Higher debt load relative to revenue than 41% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2023

Net Margin

44th percentile

2.7%

Higher net margin than 44% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

65th percentile

10%

Faster asset growth than 65% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Revenue Growth

40th percentile

3.8%

Faster revenue growth than 40% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$36,779,014

Up $1,121,901 (+3.1%) from 2023

Liabilities

Down

$11,073,514

Down $1,347,049 (-11%) from 2023

Net Assets

Up

$25,705,500

Up $2,468,950 (+11%) from 2023

Operations
Liabilities / Revenue41st percentileNet Margin44th percentile

Revenue

Up

$52,405,741

Up $1,851,845 (+3.7%) from 2023

Expenses

Up

$50,237,684

Up $1,040,277 (+2.1%) from 2023

Net Income

Up

$2,168,057

Up $811,568 (+60%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth65th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40M$30M$20M$10M$0Assets 2011: $9,563,505Liabilities 2011: $5,065,233Net Assets 2011: $4,498,2722011Assets 2012: $13,956,740Liabilities 2012: $8,740,572Net Assets 2012: $5,216,1682012Assets 2013: $14,691,765Liabilities 2013: $8,796,856Net Assets 2013: $5,894,9092013Assets 2014: $16,269,579Liabilities 2014: $9,544,202Net Assets 2014: $6,725,3772014Assets 2015: $18,521,842Liabilities 2015: $10,663,803Net Assets 2015: $7,858,0392015Assets 2016: $18,870,329Liabilities 2016: $9,546,160Net Assets 2016: $9,324,1692016Assets 2017: $21,624,093Liabilities 2017: $10,910,035Net Assets 2017: $10,714,0582017Assets 2018: $24,207,257Liabilities 2018: $12,497,527Net Assets 2018: $11,709,7302018Assets 2019: $25,183,972Liabilities 2019: $12,163,334Net Assets 2019: $13,020,6382019Assets 2020: $28,974,266Liabilities 2020: $13,678,125Net Assets 2020: $15,296,1412020Assets 2021: $28,621,050Liabilities 2021: $10,175,059Net Assets 2021: $18,445,9912021Assets 2022: $32,333,664Liabilities 2022: $10,488,598Net Assets 2022: $21,845,0662022Assets 2023: $35,657,113Liabilities 2023: $12,420,563Net Assets 2023: $23,236,5502023Assets 2024: $36,779,014Liabilities 2024: $11,073,514Net Assets 2024: $25,705,5002024

Highlighted filing

2024

Assets$36,779,014
Liabilities$11,073,514
Net Assets$25,705,500
Open 2024 Filing

Operations Trend

Revenue Growth40th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60M$40M$20M$0Revenue 2011: $15,967,760Expenses 2011: $14,941,538Net Income 2011: $1,026,2222011Expenses 2012: $17,558,5932012Revenue 2013: $21,977,491Expenses 2013: $21,322,630Net Income 2013: $654,8612013Revenue 2014: $24,737,259Expenses 2014: $23,955,454Net Income 2014: $781,8052014Revenue 2015: $32,256,806Expenses 2015: $31,127,424Net Income 2015: $1,129,3822015Revenue 2016: $35,091,593Expenses 2016: $33,615,207Net Income 2016: $1,476,3862016Revenue 2017: $37,414,962Expenses 2017: $36,103,304Net Income 2017: $1,311,6582017Revenue 2018: $39,970,514Expenses 2018: $39,018,861Net Income 2018: $951,6532018Revenue 2019: $42,104,508Expenses 2019: $40,833,589Net Income 2019: $1,270,9192019Revenue 2020: $45,288,880Expenses 2020: $43,063,375Net Income 2020: $2,225,5052020Revenue 2021: $44,424,403Expenses 2021: $41,515,764Net Income 2021: $2,908,6392021Revenue 2022: $48,704,001Expenses 2022: $45,097,590Net Income 2022: $3,606,4112022Revenue 2023: $50,553,896Expenses 2023: $49,197,407Net Income 2023: $1,356,4892023Revenue 2024: $52,405,741Expenses 2024: $50,237,684Net Income 2024: $2,168,0572024

Highlighted filing

2024

Revenue$52,405,741
Expenses$50,237,684
Net Income$2,168,057
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$36,779,014
Liabilities
$11,073,514
Net assets
$25,705,500
Revenue
$52,405,741
Expenses
$50,237,684
Net income
$2,168,057
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$36.8$11.1$25.7$52.4$50.2$2.17
2023Detailed filing. Detailed filing data is available for this year.$35.7$12.4$23.2$50.6$49.2$1.36
2022Detailed filing. Detailed filing data is available for this year.$32.3$10.5$21.8$48.7$45.1$3.61
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.6$10.2$18.4$44.4$41.5$2.91
2020Detailed filing. Detailed filing data is available for this year.$29.0$13.7$15.3$45.3$43.1$2.23
2019Detailed filing. Detailed filing data is available for this year.$25.2$12.2$13.0$42.1$40.8$1.27
2018Detailed filing. Detailed filing data is available for this year.$24.2$12.5$11.7$40.0$39.0$0.95
2017Detailed filing. Detailed filing data is available for this year.$21.6$10.9$10.7$37.4$36.1$1.31
2016Detailed filing. Detailed filing data is available for this year.$18.9$9.55$9.32$35.1$33.6$1.48
2015Detailed filing. Detailed filing data is available for this year.$18.5$10.7$7.86$32.3$31.1$1.13
2014Detailed filing. Detailed filing data is available for this year.$16.3$9.54$6.73$24.7$24.0$0.78
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.7$8.80$5.89$22.0$21.3$0.65
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.0$8.74$5.22$17.6
2011Summary only. Only limited summary data is available for this year.$9.56$5.07$4.50$16.0$14.9$1.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Mar 4, 2025
Return Version
2023v6.0
Gross Receipts
$52,405,741
Mission and Program Overview

Mission

To strengthen our community for each of its members by providing premier developmental, therapeutic, educational and vocational services to children and adults of all abilities in a collaborative and creative environment.

To strengthen our community for each of its members by providing premier services for children and adults of all abilities in a collaborative and creative environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$13,818,440$15,458,887▲ $1,640,447
Savings and Temporary Cash Investments$8,644,999$6,884,260▼ $1,760,739
Accounts Receivable$5,544,412$5,445,254▼ $99,158
Investments in Publicly Traded Securities$4,734,576$5,137,007▲ $402,431
Pledges and Grants Receivable-$818,331-
Prepaid Expenses and Deferred Charges$402,727$488,994▲ $86,267
Cash and Non-Interest-Bearing Accounts$143,687$129,751▼ $13,936
Total Assets$35,657,113$36,779,014▲ $1,121,901
Other Assets Total$2,368,272$2,416,530▲ $48,258
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,385,310$4,934,176▼ $451,134
Accounts Payable and Accrued Expenses$5,714,328$4,693,659▼ $1,020,669
Other Liabilities$1,300,554$1,426,455▲ $125,901
Deferred Revenue$20,371$19,224▼ $1,147
Total Liabilities$12,420,563$11,073,514▼ $1,347,049
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$19,250,869$20,773,553▲ $1,522,684
Net Assets With Donor Restrictions$3,985,681$4,931,947▲ $946,266
Total Net Assets Fund Balance$23,236,550$25,705,500▲ $2,468,950
Total Liabilities and Net Assets / Fund Balance$35,657,113$36,779,014▲ $1,121,901

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,408,993$7,188,676$15,597,669
Equipment$975,250$4,988,134$5,963,384
Land$4,962,035-$4,962,035
Leasehold Improvements$1,112,609$130,385$1,242,994
Other Assets Org$997,186--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Megan StirkPresident/CEOFT$264,434$37,728$302,162
Elizabeth MachadoCFOFT$213,255$38,996$252,251
Paul NgugiDirect Care ProfessionalFT$193,390$7,894$201,284
Tite CoteLpnFT$152,033$8,728$160,761
Elizabeth CostaVP of Individual SupportFT$144,690$6,363$151,053
Norman NkosuDirect Care ProfessionalPT$131,121$5,314$136,435
Jose LaureanoCNAFT$133,485$534$134,019

Board Members and Trustees

NameTitle
Jason RuaChairperson
David BedardPast Chairperson
Rene Lachapelle1st Vice Chair
Janice Carrigg2nd Vice President
Erin BichoDirector
Joseph BaptistaDirector
Kimberly TrahanDirector
Matthew DesmaraisDirector
Renee HowayeckDirector
Steven TorresDirector
William BurnsDirector
Melody Lavoie CostaDirector (as of 9/23)
Janna LafranceClerk
James WallaceTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Deg SsociatesIt Consultant155 WADE ST, Fall River, MA 02721$308,850
Tech Service CenterVehicle Maintenance70 WILLIAM ST, Fall River, MA 02721$200,443
Trans-formExecutive Coach/mgmt Trainings37 SAGAMORE TER, E Westbrook, CT 06498$100,300
Revenue and Support

Revenue Composition

Contributions and Grants
$1,164,787
Program Service Revenue
$50,806,231
Investment Income
$193,748
Other Revenue
$240,975
All Other Contributions
$1,047,287
Change in Net Assets
$2,168,057
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$38,292,021
Other Expenses$11,945,663
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$30,974,359$1,755,145-$32,729,504
Occupancy$2,776,145$447,903-$3,224,048
Payroll Taxes$2,801,228$177,622-$2,978,850
Travel$2,045,733$5,875-$2,051,608
Other Employee Benefits$1,560,380$142,582-$1,702,962
Office Expenses$503,727$248,473-$752,200
Current Officers, Directors, Trustees, and Key Employees-$723,575-$723,575
All Other Expenses$419,094$238,699-$657,793
Depreciation Depletion$598,149$33,359-$631,508
Other Expenses$308,849$919-$309,768
Fees for Services Other$1,016$177,020-$178,036
Pension Plan Contributions$62,077$95,053-$157,130
Insurance$10,150$141,896-$152,046
Advertising$50,812$65,023-$115,835
Fees for Services Legal-$108,964-$108,964
Fees for Services Accounting-$66,425-$66,425
Conferences and Meetings$22,359$15,319-$37,678
Total Functional Expenses$45,793,254$4,444,430$0$50,237,684
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Jason RuaBoard ChairpersonThe Organization Purchased General Liability Insurance Through Rua Dumont Audet Insurance Agency, Inc., of Which Mr. Rua Is a Principal.No$960,480
David BedardBoard Past ChairpersonTHE ORGANIZATION PURCHASED WORKERS' COMPENSATION INSURANCE FROM F.X. PERON INSURANCE AGENCY WHICH IS OWNED BY MR. BEDARD.No$354,756
Renee HowayeckBoard DirectorSpouse Gary P. Howayeck Is an Attorney on Retainer With the OrganizationNo$95,610
Rene LachapelleBoard 1st Vice ChairOwner of Ralco, Generator Services Provided to the OrganizationNo$59,206
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Leases Payable$1,013,268
Deferred Compensation Payable$413,187

Bond Issues

BondIssuerIssuedIssue PricePurpose
AMassachusetts Development Finance Agency2008-06-18$3,785,000Refinance mortgages and build new group home.
BMassachusetts Development Finance Agency2012-04-13$3,592,000Acquisition of an office building and parking lot.

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$3,785,000$305,383--
B$3,592,000---

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The form 990 is prepared by the external auditors and reviewed by management. Revisions, corrections, etc. Are made as necessary. Once all are satisfied with the form, it is finalized and a copy is sent to all board members. A review of highlighted items is conducted annually at a board of directors meeting.”

Form 990, Part VI, Section B, Line 12C

“Each year the organization's conflict of interest policy is provided to all officers, directors and key employees. These people are asked to review the policy and sign a statement indicating that they understand the policy, have reported all potential conflicts during the past year in accordance with the policy and will report all potential conflicts during the coming year. All potential conflicts are evaluated by the board to determine if a conflict actually exists. In those instances where the potential transaction is a conflict the board examines the transaction and a vote is taken (with those involved recusing themselves) as to whether the organization will enter into the transaction.”

Form 990, Part VI, Section B, Line 15

“Annually the board conducts a performance review and evaluation of the ceo. The review also establishes the individual's compensation for the following year. This process involves the evaluation of the individual and a review of compensation of comparable positions obtained from the form 990 of similar organizations. The board's deliberation and decision is noted in the minutes of the meeting.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents (articles of incorporation and by-laws) its conflict of interest policy and financial statements available upon request. The organization will mail copies upon request or provide copies to those who come to the administrative office during normal business hours. The organization charges for the copies in accordance with irs regulations.”

Filing and Contact Details

Filer

Filer Name
People Incorporated
EIN
04-2447216
Phone
5086795233
Address
4 SOUTH MAIN STREET, FALL RIVER, MA 02721
Doing Business As
People Inc

Signing Officer

Name
Megan Stirk
Title
President and CEO
Phone
5086795233
Signed
2025-03-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Megan Stirk
Formed
1968
Legal Domicile
Ma
Voting Board Members
14
Independent Board Members
14
Employees
1,004
Volunteers
14

Preparer

Firm
Kahn Litwin Renza & Co Ltd
Address
951 NORTH MAIN STREET, PROVIDENCE, RI 02904
Preparer
Patrick J Martin
Phone
4012742001
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The organization did not change either its oversight process or selection process during the tax year.”

Financial Statement Notes

PART X, LINE 2:

“The agency is exempt from income taxes as a public charity under section 501(c)(3) of the united states internal revenue code. Management believes that the agency operates in a manner consistent with their tax-exempt status at both the state and federal level. The agency annually files irs form 990 - return of organization exempt from income tax, reporting various information that the irs uses to monitor the activities of tax-exempt entities. The agency also annually files irs form 990-t - exempt organization's business income tax return, for all of its taxable transactions. These tax returns are subject to review by the taxing authorities, generally for a period of three years after they were filed. The agency currently has no tax examinations in progress. For the agency's tax year ended june 30, 2024, the agency paid no income taxes related to its taxable income.”

Raw XML AppendixShowing 400 of 945 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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