Civic Intelligence

Rcap Solutions Inc Formerly Rural Housing Improvement Inc

990 • Fiscal year 2021 • EIN 04-2454675

Jul 01, 2020 to Jun 30, 2021 • Filed on May 13, 2022

191 May StreetWorcester, MA 01602

(978) 630-6647

Siviq Scores

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

Liabilities / Assets

87th percentile

0.81x

Higher debt load relative to assets than 87% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Liabilities / Revenue

37th percentile

0.21x

Higher debt load relative to revenue than 37% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Net Margin

27th percentile

2.2%

Higher net margin than 27% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Top Officer Pay

42nd percentile

$291,135

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 0.5% of source-year revenue.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Asset Growth

98th percentile

130%

Faster asset growth than 98% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2020 to 2021

Revenue Growth

79th percentile

47%

Faster revenue growth than 79% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2020 to 2021

Assets

Up

$14,779,223

Up $8,351,845 (+130%) from 2020

Net Assets

Up

$2,855,091

Up $1,219,557 (+75%) from 2020

Liabilities

Up

$11,924,132

Up $7,132,288 (+149%) from 2020

Revenue

Up

$56,523,582

Up $18,024,003 (+47%) from 2020

Expenses

Up

$55,304,025

Up $17,110,446 (+45%) from 2020

Net Income

Up

$1,219,557

Up $913,557 (+299%) from 2020

Historical Trend

Balance Sheet Trend

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

2021

Assets$14,779,223
Liabilities$11,924,132
Net Assets$2,855,091

Operations Trend

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

2021

Revenue$56,523,582
Expenses$55,304,025
Net Income$1,219,557
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 13, 2022
Return Version
2020v4.2
Gross Receipts
$56,523,582
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$3,645,633$9,723,848▲ $6,078,215
Pledges and Grants Receivable$965,172$2,977,617▲ $2,012,445
Accounts Receivable$772,917$812,095▲ $39,178
Cash and Non-Interest-Bearing Accounts$577,284$794,714▲ $217,430
Land, Buildings, and Equipment, Net$350,127$310,160▼ $39,967
Prepaid Expenses and Deferred Charges$50,149$95,187▲ $45,038
Other Notes and Loans Receivable, Net$19,032$19,032→ $0
Total Assets$6,427,378$14,779,223▲ $8,351,845
Other Assets Total$47,064$46,570▼ $494
Liabilities
Deferred Revenue$3,312,638$10,472,565▲ $7,159,927
Accounts Payable and Accrued Expenses$1,014,702$1,165,464▲ $150,762
Escrow Account Liability$196,869$200,204▲ $3,335
Mortgage Notes Payable Secured by Investment Property$267,635$85,899▼ $181,736
Total Liabilities$4,791,844$11,924,132▲ $7,132,288
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,635,534$2,855,091▲ $1,219,557
Total Net Assets Fund Balance$1,635,534$2,855,091▲ $1,219,557
Total Liabilities and Net Assets / Fund Balance$6,427,378$14,779,223▲ $8,351,845

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$138,030$757,204$895,234
Other Land Buildings$158,204$363,036$521,240
Equipment$13,926$373,894$387,820
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Karen a KollerPresident & CEO/clerkFT$265,186$25,949$291,135
Brian ScalesVP and Chief Rural OfficerFT$132,078$7,817$139,895
Emily FarrandVP of Administration & COOFT$117,760$17,917$135,677
William MinkleExecutive Vice PresidentFT$123,164$10,286$133,450
Maegan MccaffreyVP of Marketing & CommunicationsFT$108,312$6,136$114,448
Alyssa GlennonVP & Chief Financial OfficerFT$108,179$6,223$114,402

Board Members and Trustees

NameTitle
Laura McgeeChair
Timothy Morse JrVice Chair
Carl H Allen JrDirector
Harold NaughtonDirector
Karen SlackDirector
Matt WallyDirector
Scott ArnoldDirector
Sharyn RiceDirector
Tracey WeedenDirector
Ken ReidTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$56,063,547
Program Service Revenue
$421,273
Investment Income
$3,609
Other Revenue
$35,153
All Other Contributions
$41,320
Change in Net Assets
$1,219,557

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$30,000Fair Market Value (FMV)
Total Noncash Contributions1$30,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$45,831,496
Salaries, Compensation, and Employee Benefits$6,970,431
Other Expenses$2,502,098
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$45,831,496--$45,831,496
Other Salaries and Wages$4,196,588$1,302,463-$5,499,051
Occupancy$571,914$291,102-$863,016
Fees for Services Other$484,550$301,887-$786,437
Payroll Taxes$407,264$122,167-$529,431
Other Employee Benefits$360,058$93,487-$453,545
Office Expenses$255,505$48,816-$304,321
Current Officers, Directors, Trustees, and Key Employees-$287,760-$287,760
Pension Plan Contributions$154,345$46,299-$200,644
All Other Expenses$27,500$72,548-$100,048
Insurance$45,827$37,711-$83,538
Fees for Services Accounting-$53,895-$53,895
Fees for Services Legal-$48,347-$48,347
Depreciation Depletion$33,888$13,342-$47,230
Fees for Services Lobbying-$42,000-$42,000
Travel$36,531$1,479-$38,010
Conferences and Meetings$26,009$384-$26,393
Advertising$5,804$11,197-$17,001
Other Expenses$13,270$30,000-$13,270
Interest$6,588$4,387-$10,975
Total Functional Expenses$52,461,930$2,842,095$0$55,304,025
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
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 35% controlled entity
No
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 (cohnreznick llp).

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
9786306647
Address
191 MAY STREET, WORCESTER, MA 01602

Signing Officer

Name
Brian Scales
Title
Interim President and CEO
Phone
9782975300
Signed
2022-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Scales
Formed
1969
Legal Domicile
Ma
Voting Board Members
10
Independent Board Members
10
Employees
133
Volunteers
265

Preparer

Firm
Cohnreznick Llp
Address
10 FORBES ROAD STE 200, 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 an 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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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11123164
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12132078
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13117760
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14108312
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15108179
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/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT & CEO/CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11EXECUTIVE VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP AND CHIEF RURAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP OF ADMINISTRATION & COO
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP OF MARKETING & COMMUNICATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt15VP & CHIEF FINANCIAL OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01969
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt056022227
IRS990/GrantAmt045831496
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt045831496
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt045831496
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt056523582
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt09
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt037711
IRS990/InsuranceGrp/ProgramServicesAmt045827
IRS990/InsuranceGrp/TotalAmt083538
IRS990/InterestGrp/ManagementAndGeneralAmt04387
IRS990/InterestGrp/ProgramServicesAmt06588
IRS990/InterestGrp/TotalAmt010975
IRS990/InvestmentIncomeGrp/ExclusionAmt03609
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03609
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt021
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01494134
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0350127
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0310160
IRS990/LandBldgEquipCostOrOtherBssAmt01804294
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt035153
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt035153
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/BOYAmt0267635
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt085899
IRS990/NetAssetsOrFundBalancesBOYAmt01635534
IRS990/NetAssetsOrFundBalancesEOYAmt02855091
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01635534
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02855091
IRS990/NoncashContributionsAmt030000
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0291102
IRS990/OccupancyGrp/ProgramServicesAmt0571914
IRS990/OccupancyGrp/TotalAmt0863016
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt048816
IRS990/OfficeExpensesGrp/ProgramServicesAmt0255505
IRS990/OfficeExpensesGrp/TotalAmt0304321
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt047064
IRS990/OtherAssetsTotalGrp/EOYAmt046570
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt093487
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0360058
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0453545
IRS990/OtherExpensesGrp/Desc0DUES
IRS990/OtherExpensesGrp/Desc1DONATED MATERIALS
IRS990/OtherExpensesGrp/Desc2PORTABILITY
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt032824
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt130000
IRS990/OtherExpensesGrp/ProgramServicesAmt04793
IRS990/OtherExpensesGrp/ProgramServicesAmt113270
IRS990/OtherExpensesGrp/TotalAmt037617
IRS990/OtherExpensesGrp/TotalAmt130000
IRS990/OtherExpensesGrp/TotalAmt213270
IRS990/OtherRevenueTotalAmt035153
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01302463
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04196588
IRS990/OtherSalariesAndWagesGrp/TotalAmt05499051
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt019032
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt019032
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0122167
IRS990/PayrollTaxesGrp/ProgramServicesAmt0407264
IRS990/PayrollTaxesGrp/TotalAmt0529431
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt046299
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0154345
IRS990/PensionPlanContributionsGrp/TotalAmt0200644
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0965172
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt02977617
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt050149
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt095187
IRS990/PrincipalOfficerNm0BRIAN SCALES
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/Desc0ADMINISTRATION REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0421273
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0421273
IRS990/ProgSrvcAccomActy2Grp/Desc0COMMUNITY RESOURCES - THE COMMUNITY RESOURCES DIVISION WORKS WITH 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/ExpenseAmt02729553
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt03850
IRS990/ProgSrvcAccomActy3Grp/Desc0PROPERTY MANAGEMENT - THE PROPERTY MANAGEMENT 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 TEN AFFORDABLE HOUSING PROJECTS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0216902
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0414828
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt038090421
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt029466049
IRS990/PYInvestmentIncomeAmt05546
IRS990/PYOtherExpensesAmt02385493
IRS990/PYOtherRevenueAmt017248
IRS990/PYProgramServiceRevenueAmt0386364
IRS990/PYRevenuesLessExpensesAmt0306000
IRS990/PYSalariesCompEmpBnftPaidAmt06342037
IRS990/PYTotalExpensesAmt038193579
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt038499579
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01219557
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03645633
IRS990/SavingsAndTempCashInvstGrp/EOYAmt09723848
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS - 2016 AMOUNT: $ 10,441. 2017 AMOUNT: $ 14,121. 2018 AMOUNT: $ 2,937. 2019 AMOUNT: $ 17,248. 2020 AMOUNT: $ 35,153.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt056063547
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt038090421
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt035973036
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt032773354
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt031261239
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0194161597
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03609
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt05546
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0461
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt013
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt07
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt09636
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01919095
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt035153
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt017248
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt02937
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt014121
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt010441
IRS990ScheduleA/OtherIncome170Grp/TotalAmt079900
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99950
IRS990ScheduleA/PublicSupportPY170Pct00.99960
IRS990ScheduleA/PublicSupportTotal170Amt0194161597
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt056063547
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt038090421
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt035973036
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt032773354
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt031261239
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0194161597

Document Assets

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Filings

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