Civic Intelligence

Rcap Solutions Inc Formerly Rural Housing Improvement Inc

990 • Fiscal year 2017 • EIN 04-2454675

Jul 01, 2016 to Jun 30, 2017 • Filed on Mar 20, 2018

Organization ProfileWWW.RCAPSOLUTIONS.ORG

View Organization Page

205 School StreetGardner, MA 01440

(800) 488-1969

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

86th percentile

0.82x

Higher debt load relative to assets than 86% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Liabilities / Revenue

27th percentile

0.12x

Higher debt load relative to revenue than 27% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Net Margin

38th percentile

0.6%

Higher net margin than 38% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

7th percentile

-9.9%

Faster asset growth than 7% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Revenue Growth

45th percentile

3.3%

Faster revenue growth than 45% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets86th percentile

Assets

Down

$4,772,143

Down $522,241 (-9.9%) from 2016

Net Assets

Up

$881,116

Up $194,844 (+28%) from 2016

Liabilities

Down

$3,891,027

Down $717,085 (-16%) from 2016

Revenue And Expenses
Liabilities / Revenue27th percentileNet Margin38th percentile

Revenue

Up

$31,644,405

Up $1,015,779 (+3.3%) from 2016

Expenses

Up

$31,449,561

Up $1,339,941 (+4.5%) from 2016

Net Income

Down

$194,844

Down $324,162 (-62%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2010: $4,329,926Liabilities 2010: $3,510,900Net Assets 2010: $819,0262010Assets 2011: $4,338,591Liabilities 2011: $3,382,117Net Assets 2011: $956,4742011Assets 2012: $3,983,947Liabilities 2012: $3,180,882Net Assets 2012: $803,0652012Assets 2013: $5,024,013Liabilities 2013: $4,303,867Net Assets 2013: $720,1462013Assets 2014: $5,093,062Liabilities 2014: $4,572,461Net Assets 2014: $520,6012014Assets 2015: $4,931,689Liabilities 2015: $4,764,423Net Assets 2015: $167,2662015Assets 2016: $5,294,384Liabilities 2016: $4,608,112Net Assets 2016: $686,2722016Assets 2017: $4,772,143Liabilities 2017: $3,891,027Net Assets 2017: $881,1162017Assets 2018: $4,804,817Liabilities 2018: $3,792,360Net Assets 2018: $1,012,4572018Assets 2019: $5,168,842Liabilities 2019: $3,839,308Net Assets 2019: $1,329,5342019Assets 2020: $6,427,378Liabilities 2020: $4,791,844Net Assets 2020: $1,635,5342020Assets 2021: $14,779,223Liabilities 2021: $11,924,132Net Assets 2021: $2,855,0912021Assets 2022: $9,084,523Liabilities 2022: $5,492,984Net Assets 2022: $3,591,5392022Assets 2023: $12,177,708Liabilities 2023: $8,890,614Net Assets 2023: $3,287,0942023Assets 2024: $12,579,550Liabilities 2024: $9,041,466Net Assets 2024: $3,538,0842024

Highlighted filing

2017

Assets$4,772,143
Liabilities$3,891,027
Net Assets$881,116
Open 2017 Filing

Operations Trend

Revenue Growth45th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100M$50M$0-$50MExpenses 2010: $26,302,5462010Revenue 2011: $26,697,518Expenses 2011: $26,560,070Net Income 2011: $137,4482011Expenses 2012: $27,645,5402012Revenue 2013: $29,148,160Expenses 2013: $29,231,079Net Income 2013: -$82,9192013Revenue 2014: $30,109,531Expenses 2014: $30,309,076Net Income 2014: -$199,5452014Revenue 2015: $28,596,376Expenses 2015: $28,949,711Net Income 2015: -$353,3352015Revenue 2016: $30,628,626Expenses 2016: $30,109,620Net Income 2016: $519,0062016Revenue 2017: $31,644,405Expenses 2017: $31,449,561Net Income 2017: $194,8442017Revenue 2018: $33,151,333Expenses 2018: $33,019,992Net Income 2018: $131,3412018Revenue 2019: $36,351,329Expenses 2019: $36,034,252Net Income 2019: $317,0772019Revenue 2020: $38,499,579Expenses 2020: $38,193,579Net Income 2020: $306,0002020Revenue 2021: $56,523,582Expenses 2021: $55,304,025Net Income 2021: $1,219,5572021Revenue 2022: $86,440,230Expenses 2022: $85,703,782Net Income 2022: $736,4482022Revenue 2023: $62,477,099Expenses 2023: $62,781,544Net Income 2023: -$304,4452023Revenue 2024: $67,244,674Expenses 2024: $66,993,684Net Income 2024: $250,9902024

Highlighted filing

2017

Revenue$31,644,405
Expenses$31,449,561
Net Income$194,844
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Mar 20, 2018
Return Version
2016v3.0
Gross Receipts
$31,644,405
Mission and Program Overview

Mission

Rental assistance received from a government agency under section 8 of the housing assistance payments program. Providing technical assistance and training to low-income rural communities and other agencies in order to provide or enhance their drinking water & waste disposal facilities. Manage hud 202 properties for the elderly.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,555,539$2,624,712▲ $69,173
Pledges and Grants Receivable$909,431$850,558▼ $58,873
Accounts Receivable$827,969$744,873▼ $83,096
Land, Buildings, and Equipment, Net$422,087$272,550▼ $149,537
Cash and Non-Interest-Bearing Accounts$514,682$213,230▼ $301,452
Prepaid Expenses and Deferred Charges$36,467$34,411▼ $2,056
Other Notes and Loans Receivable, Net$19,032$19,032→ $0
Total Assets$5,294,384$4,772,143▼ $522,241
Other Assets Total$9,177$12,777▲ $3,600
Liabilities
Deferred Revenue$2,597,729$2,565,312▼ $32,417
Accounts Payable and Accrued Expenses$781,141$615,544▼ $165,597
Mortgage Notes Payable Secured by Investment Property$917,562$509,858▼ $407,704
Escrow Account Liability$210,288$173,306▼ $36,982
Other Liabilities$101,392$27,007▼ $74,385
Total Liabilities$4,608,112$3,891,027▼ $717,085
Net Assets / Fund Balance
Unrestricted Net Assets$646,272$836,116▲ $189,844
Temporarily Rstr Net Assets$40,000$45,000▲ $5,000
Total Net Assets Fund Balance$686,272$881,116▲ $194,844
Total Liabilities and Net Assets / Fund Balance$5,294,384$4,772,143▼ $522,241

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$149,715$578,693$728,408
Equipment$37,500$457,722$495,222
Other Land Buildings$85,335$346,049$431,384
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Karen a KollerPresident & CEO/clerkFT$235,722$11,708$247,430
William MinkleSenior VP & Deputy DirectoFT$162,864$4,967$167,831
Krystyna DougertCFO (through July 2016)FT$93,750$427$94,177

Board Members and Trustees

NameTitle
Laura M DownsChair of the Board
Edwin J Shanahan Iom CaeImmediate Past Chair
Heather DumaisVice Chair
Chantel BetheaDirector
Clementine BihigaDirector
Jessica MurdochDirector
Karen SlackDirector
Laura McgeeDirector
Matthew MayrandDirector
Timothy Morse JrDirector
Sarah GalvinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$31,261,239
Program Service Revenue
$372,718
Investment Income
$7
Other Revenue
$10,441
All Other Contributions
$63,741
Change in Net Assets
$194,844
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$25,012,681
Salaries, Compensation, and Employee Benefits$4,448,604
Other Expenses$1,988,276
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$25,012,681--$25,012,681
Other Salaries and Wages$2,946,330$538,589-$3,484,919
Occupancy$344,659$145,817-$490,476
Payroll Taxes$300,392$74,201-$374,593
Current Officers, Directors, Trustees, and Key Employees$6,884$283,417-$290,301
Travel$243,855$14,194-$258,049
Other Employee Benefits$175,366$46,372-$221,738
Fees for Services Other$156,948$11,433-$168,381
Depreciation Depletion$109,642$39,894-$149,536
Fees for Services Management-$143,197-$143,197
Office Expenses$57,541$40,694-$98,235
Pension Plan Contributions$66,906$10,147-$77,053
Insurance$40,282$36,737-$77,019
Fees for Services Accounting$13,758$28,706-$42,464
Fees for Services Lobbying-$39,742-$39,742
Other Expenses$23,870$5,589-$29,459
Conferences and Meetings$3,452$19,359-$22,811
All Other Expenses$7$15,411-$15,418
Advertising$6,790$3,324-$10,114
Fees for Services Legal-$8,006-$8,006
Interest$3,895$1,546-$5,441
Total Functional Expenses$29,897,273$1,552,288$0$31,449,561
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
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Lease Payable$27,007
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
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 reviewed by the president and ceo. Once final approval has been obtained, the form 990 is submitted to the board of directors, reviewed by the compensation committee, and voted on for approval. Filing is completed by rcap solutions' auditing firm (kevin p. Martin & associates).”

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

“Rcap solutions conducts policy and procedures training to all employees and staff on an annual basis. As part of the training the rcap solutions conflict of interest policy is covered. All employees are required to sign the conflict of interest policy on an annual basis. Additionally, all new employees undergo a thorough new employee orientation program. As part of the orientation training the rcap solutions conflict of interest policy is covered as well as the requirement for new employees to complete and sign the rcap solutions conflict of interest questionnaire. This training, compliance, and monitoring is under the authority of the rcap solutions' human resources department. In addition, the board of directors conducts a review of compliance with the conflict of interest policy annually each september.”

Form 990, Part VI, Section B, Line 15

“The board of directors has a compensation committee which reviews an annual study prepared by an independent executive compensation consultant. The ceo's total compensation is voted on and approved by the ceo compensation committee and then by the full board of directors annually. All other employees go through a yearly evaluation by their managers starting in july & finishing in september. Six different competencies are evaluated and goals are set for the coming year. A weighted point system is used to determine a salary increase (if any).”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, form 990 and financial statements available to the public upon written request to the president of the board of directors or by inspection at the gardner office. In addition, the form 990 is available via guidestar and the massachusetts attorney general's website.”

Filing and Contact Details

Filer

Filer Name
Rcap Solutions Inc
EIN
04-2454675
Phone
8004881969
Address
205 SCHOOL STREET, GARDNER, MA 01440

Signing Officer

Name
Karen Koller
Title
President/CEO
Phone
9782975300
Signed
2018-03-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen Koller
Formed
1969
Legal Domicile
Ma
Voting Board Members
11
Independent Board Members
11
Employees
93
Volunteers
46

Preparer

Firm
Kevin P Martin Associates Pc
Address
10 FORBES WEST, BRAINTREE, MA 02184
Preparer
Jolanta Tuck CPA
Phone
7813803520
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

“Funds held in escrow for tenants who are participating in the family self-sufficiency program under the hud section 8 choice housing voucher program. A portion of the family's monthly rent payment is placed into escrow account. Upon successful completion of the program, the escrowed funds are turned over to the family. If the participant does not complete the program or if they are terminated due to noncompliance with program requirements, the funds are retained by the organization.”

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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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IRS990/ActivityOrMissionDesc0RENTAL ASSISTANCE RECEIVED FROM A GOVERNMENT AGENCY UNDER SECTION 8 OF THE HOUSING ASSISTANCE PAYMENTS PROGRAM. PROVIDING TECHNICAL ASSISTANCE AND TRAINING TO LOW-INCOME RURAL COMMUNITIES AND OTHER AGENCIES IN ORDER TO PROVIDE OR ENHANCE THEIR DRINKING WATER & WASTE DISPOSAL FACILITIES. MANAGE HUD 202 PROPERTIES FOR THE ELDERLY.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1293750
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13162864
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2IMMEDIATE PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT & CEO/CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHAIR OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12CFO (THROUGH JULY 2016)
IRS990/Form990PartVIISectionAGrp/TitleTxt13SENIOR VP & DEPUTY DIRECTO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01969
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GovernmentGrantsAmt031197498
IRS990/GrantAmt025012681
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt025012681
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt025012681
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt031644405
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt036737
IRS990/InsuranceGrp/ProgramServicesAmt040282
IRS990/InsuranceGrp/TotalAmt077019
IRS990/InterestGrp/ManagementAndGeneralAmt01546
IRS990/InterestGrp/ProgramServicesAmt03895
IRS990/InterestGrp/TotalAmt05441
IRS990/InvestmentIncomeGrp/ExclusionAmt07
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt07
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt031
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01382464
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0422087
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0272550
IRS990/LandBldgEquipCostOrOtherBssAmt01655014
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt010441
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt010441
IRS990/MissionDesc0RENTAL ASSISTANCE RECEIVED FROM A GOVERNMENT AGENCY UNDER SECTION 8 OF THE HOUSING ASSISTANCE PAYMENTS PROGRAM. PROVIDING TECHNICAL ASSISTANCE AND TRAINING TO LOW-INCOME RURAL COMMUNITIES AND OTHER AGENCIES IN ORDER TO PROVIDE OR ENHANCE THEIR DRINKING WATER & WASTE DISPOSAL FACILITIES. MANAGE HUD 202 PROPERTIES FOR THE ELDERLY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0917562
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0509858
IRS990/NetAssetsOrFundBalancesBOYAmt0686272
IRS990/NetAssetsOrFundBalancesEOYAmt0881116
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt05310
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0145817
IRS990/OccupancyGrp/ProgramServicesAmt0344659
IRS990/OccupancyGrp/TotalAmt0490476
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt040694
IRS990/OfficeExpensesGrp/ProgramServicesAmt057541
IRS990/OfficeExpensesGrp/TotalAmt098235
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09177
IRS990/OtherAssetsTotalGrp/EOYAmt012777
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt046372
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0175366
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0221738
IRS990/OtherExpensesGrp/Desc0PROVISION MATERIAL GOOD
IRS990/OtherExpensesGrp/Desc1PROGRAM SUPPLIES & MATE
IRS990/OtherExpensesGrp/Desc2MEMBERSHIP DUES
IRS990/OtherExpensesGrp/Desc3STAFF TRAINING
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt014556
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt131357
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt25589
IRS990/OtherExpensesGrp/ProgramServicesAmt0209673
IRS990/OtherExpensesGrp/ProgramServicesAmt1157370
IRS990/OtherExpensesGrp/ProgramServicesAmt216972
IRS990/OtherExpensesGrp/ProgramServicesAmt323870
IRS990/OtherExpensesGrp/TotalAmt0209673
IRS990/OtherExpensesGrp/TotalAmt1171926
IRS990/OtherExpensesGrp/TotalAmt248329
IRS990/OtherExpensesGrp/TotalAmt329459
IRS990/OtherLiabilitiesGrp/BOYAmt0101392
IRS990/OtherLiabilitiesGrp/EOYAmt027007
IRS990/OtherRevenueTotalAmt010441
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0538589
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02946330
IRS990/OtherSalariesAndWagesGrp/TotalAmt03484919
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt019032
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt019032
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt074201
IRS990/PayrollTaxesGrp/ProgramServicesAmt0300392
IRS990/PayrollTaxesGrp/TotalAmt0374593
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt010147
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt066906
IRS990/PensionPlanContributionsGrp/TotalAmt077053
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0909431
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0850558
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt036467
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt034411
IRS990/PrincipalOfficerNm0KAREN KOLLER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/BusinessCd2531390
IRS990/ProgramServiceRevenueGrp/BusinessCd3531390
IRS990/ProgramServiceRevenueGrp/BusinessCd4531390
IRS990/ProgramServiceRevenueGrp/Desc0PROPERTY MANAGEMENT FEES
IRS990/ProgramServiceRevenueGrp/Desc1CONSULTING
IRS990/ProgramServiceRevenueGrp/Desc2INDIRECT FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc3PROPERTY DEVELOPMENT FEE
IRS990/ProgramServiceRevenueGrp/Desc4BUILDING INSPECTION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0309171
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt126119
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt219406
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt317085
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4937
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0309171
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt126119
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt219406
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt317085
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4937
IRS990/ProgSrvcAccomActy2Grp/Desc0COMMUNITY RESOURCES - THE COMMUNITY RESOURCES DIVISION WORKS WITH THE COMMUNITIES THROUGHOUT THE NORTHEAST, PUERTO RICO AND THE U.S. VIRGIN ISLANDS TO PROMOTE PUBLIC, ENVIRONMENTAL, AND ECONOMIC HEALTH BY PROVIDING CONSULTING, PLANNING, FINANCING, BUILD-OUT OVERSIGHT, REGULATORY AND COMPLIANCE OVERSIGHT, MANAGEMENT, AND OPERATIONAL SUPPORT FOR A WIDE RANGE OF COMMUNITY DEVELOPMENT AND INFRASTRUCTURE PROJECTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01974142
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt026119
IRS990/ProgSrvcAccomActy3Grp/Desc0PROPERTY MANAGEMENT AND DEVELOPMENT - THE PROPERTY MANAGEMENT AND DEVELOPMENT DIVISION OVERSEES THE OPERATIONS OF ALL RESIDENTIAL RENTAL PROPERTIES, AS WELL AS DEVELOPMENT ACTIVITY, TO ITS PROPERTIES LOCATED IN CENTRAL MASSACHUSETTS. THE COMPANY'S PORTFOLIO CURRENTLY INCLUDES NINE AFFORDABLE HOUSING PROJECTS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0183879
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0295561
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt030107736
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt024077113
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01863661
IRS990/PYOtherRevenueAmt017750
IRS990/PYProgramServiceRevenueAmt0503140
IRS990/PYRevenuesLessExpensesAmt0519006
IRS990/PYSalariesCompEmpBnftPaidAmt04168846
IRS990/PYTotalExpensesAmt030109620
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt030628626
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0194844
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt08489
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02555539
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02624712
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt031261239
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt030107736
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt028122689
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt029564961
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt028570684
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0147627309
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt07
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt09
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt09
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt025
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02421959
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt010441
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt017750
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt012440
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt013555
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt040001
IRS990ScheduleA/OtherIncome170Grp/TotalAmt094187

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,772,143
Liabilities
$3,891,027
Net assets
$881,116
Revenue
$31,644,405
Expenses
$31,449,561
Net income
$194,844
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$12.6$9.04$3.54$67.2$67.0$0.25
2023Detailed filing. Detailed filing data is available for this year.$12.2$8.89$3.29$62.5$62.8$0.30
2022Detailed filing. Detailed filing data is available for this year.$9.08$5.49$3.59$86.4$85.7$0.74
2021Detailed filing. Detailed filing data is available for this year.$14.8$11.9$2.86$56.5$55.3$1.22
2020Detailed filing. Detailed filing data is available for this year.$6.43$4.79$1.64$38.5$38.2$0.31
2019Detailed filing. Detailed filing data is available for this year.$5.17$3.84$1.33$36.4$36.0$0.32
2018Detailed filing. Detailed filing data is available for this year.$4.80$3.79$1.01$33.2$33.0$0.13
2017Detailed filing. Detailed filing data is available for this year.$4.77$3.89$0.88$31.6$31.4$0.19
2016Detailed filing. Detailed filing data is available for this year.$5.29$4.61$0.69$30.6$30.1$0.52
2015Detailed filing. Detailed filing data is available for this year.$4.93$4.76$0.17$28.6$28.9$0.35
2014Detailed filing. Detailed filing data is available for this year.$5.09$4.57$0.52$30.1$30.3$0.20
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.02$4.30$0.72$29.1$29.2$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.98$3.18$0.80$27.6
2011Summary only. Only limited summary data is available for this year.$4.34$3.38$0.96$26.7$26.6$0.14
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.33$3.51$0.82$26.3