Civic Intelligence

Rcap Solutions Inc Formerly Rural Housing Improvement Inc

990 • Fiscal year 2023 • EIN 04-2454675

Jul 01, 2022 to Jun 30, 2023 • Filed on May 08, 2024

191 May StreetWorcester, MA 01602

(800) 488-1969

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.73x

Higher debt load relative to assets than 83% of similar nonprofits.

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

Liabilities / Revenue

24th percentile

0.14x

Higher debt load relative to revenue than 24% of similar nonprofits.

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

Net Margin

35th percentile

-0.5%

Higher net margin than 35% of similar nonprofits.

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

Top Officer Pay

23rd percentile

$211,958

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 0.3% of source-year revenue.

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

Asset Growth

88th percentile

34%

Faster asset growth than 88% of similar nonprofits.

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

Revenue Growth

13th percentile

-28%

Faster revenue growth than 13% of similar nonprofits.

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

Assets

Up

$12,177,708

Up $3,093,185 (+34%) from 2022

Net Assets

Down

$3,287,094

Down $304,445 (-8.5%) from 2022

Liabilities

Up

$8,890,614

Up $3,397,630 (+62%) from 2022

Revenue

Down

$62,477,099

Down $23,963,131 (-28%) from 2022

Expenses

Down

$62,781,544

Down $22,922,238 (-27%) from 2022

Net Income

Down

-$304,445

Down $1,040,893 (-141%) from 2022

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

2023

Assets$12,177,708
Liabilities$8,890,614
Net Assets$3,287,094

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

2023

Revenue$62,477,099
Expenses$62,781,544
Net Income-$304,445
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 8, 2024
Return Version
2022v5.0
Gross Receipts
$62,477,099
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.

Foster self-reliance and improve quality of life for individuals and families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$4,362,314$4,549,180▲ $186,866
Intangible Assets-$2,830,817-
Pledges and Grants Receivable$2,336,410$2,522,813▲ $186,403
Cash and Non-Interest-Bearing Accounts$1,177,268$1,138,494▼ $38,774
Accounts Receivable$742,041$614,449▼ $127,592
Land, Buildings, and Equipment, Net$286,145$256,733▼ $29,412
Prepaid Expenses and Deferred Charges$114,743$199,620▲ $84,877
Other Notes and Loans Receivable, Net$19,032$19,032→ $0
Total Assets$9,084,523$12,177,708▲ $3,093,185
Other Assets Total$46,570$46,570→ $0
Liabilities
Deferred Revenue$4,160,186$4,653,114▲ $492,928
Other Liabilities$0$2,989,203▲ $2,989,203
Accounts Payable and Accrued Expenses$1,207,962$1,121,275▼ $86,687
Escrow Account Liability$104,363$127,022▲ $22,659
Mortgage Notes Payable Secured by Investment Property$20,473$0▼ $20,473
Total Liabilities$5,492,984$8,890,614▲ $3,397,630
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,591,539$3,287,094▼ $304,445
Total Net Assets Fund Balance$3,591,539$3,287,094▼ $304,445
Total Liabilities and Net Assets / Fund Balance$9,084,523$12,177,708▲ $3,093,185

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$118,938$791,773$910,711
Other Land Buildings$136,635$406,830$543,465
Equipment$1,160$386,660$387,820
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brian ScalesPresident/CEO/clerkFT$192,032$19,926$211,958
Karen a KollerPast President/CEO/clerk-$190,201$18,339$208,540
Emily FarrandVP of Admin & COOFT$146,775$23,034$169,809
Alyssa GlennonVP & Chief Financial OfficFT$148,967$9,813$158,780
Linda KirwanChief Elderly Services OfficerFT$105,115$20,377$125,492
Jennifer DayDirector Comm & Environ ResourcFT$120,012$4,388$124,400
Maegen MccaffreyVP of Marketing & CommunciationsFT$116,123$7,942$124,065
Joshua BedarianChief Housing & Compliance OfficerFT$102,808$19,272$122,080

Board Members and Trustees

NameTitle
Laura McgeeChair
Tracey WeedenVice Chair
Carl H Allen JrDirector
Henry Noel JrDirector
Julie CarollDirector
Susan BachmanDirector
Tim GrinhamDirector
Ken ReidTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$62,036,265
Program Service Revenue
$404,915
Investment Income
$6,020
Other Revenue
$29,899
All Other Contributions
$3,652
Change in Net Assets
$-304,445
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$50,471,115
Salaries, Compensation, and Employee Benefits$8,742,938
Other Expenses$3,567,491
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$50,471,115--$50,471,115
Other Salaries and Wages$5,926,554$947,578-$6,874,132
Occupancy$688,862$370,148-$1,059,010
Fees for Services Other$923,161$88,800-$1,011,961
Payroll Taxes$614,914$5,952-$620,866
Other Employee Benefits$541,229--$541,229
Office Expenses$440,664$66,267-$506,931
Current Officers, Directors, Trustees, and Key Employees-$409,800-$409,800
Travel$290,938$20,942-$311,880
Pension Plan Contributions$294,064$2,847-$296,911
Fees for Services Lobbying$39,000$111,754-$150,754
All Other Expenses$49,628$87,141-$136,769
Insurance$57,419$46,473-$103,892
Fees for Services Accounting-$83,607-$83,607
Depreciation Depletion$32,495$11,957-$44,452
Conferences and Meetings$32,283$7,825-$40,108
Fees for Services Legal-$36,665-$36,665
Advertising$13,428$20,152-$33,580
Other Expenses$14,960$26,858-$14,960
Interest$197$82-$279
Total Functional Expenses$60,436,696$2,344,848$0$62,781,544
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
Operating Lease Right-of-use Liability$2,989,203
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
Yes
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 A, Line 4

The organization's bylaws were amended to change the board composition from no fewer than 6 and not more than 15 directors to no fewer than 9 directors.

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 worcester office.

Filing and Contact Details

Filer

Filer Name
Rcap Solutions Inc
EIN
04-2454675
Phone
8004881969
Address
191 MAY STREET, WORCESTER, MA 01602

Signing Officer

Name
Brian Scales
Title
President and CEO
Phone
9782975300
Signed
2024-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Scales
Formed
1969
Legal Domicile
Ma
Voting Board Members
9
Independent Board Members
8
Employees
160
Volunteers
82

Preparer

Firm
Cohnreznick Llp
Address
350 GRANITE STREET SUITE 1200, 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.

PART X, LINE 2:

Management has analyzed the tax positions taken by the company and has concluded that, as of june 30, 2023, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosures in the consolidated financial statements. Generally, the company's information/tax returns remain open for possible federal income tax examination for three years after the filing date. While no income tax returns are currently being examined by the internal revenue service ("irs"), tax years since 2019 remain open.

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IRS990/Form990PartVIISectionAGrp/PersonNm11JENNIFER DAY
IRS990/Form990PartVIISectionAGrp/PersonNm12MAEGEN MCCAFFREY
IRS990/Form990PartVIISectionAGrp/PersonNm13LINDA KIRWAN
IRS990/Form990PartVIISectionAGrp/PersonNm14JOSHUA BEDARIAN
IRS990/Form990PartVIISectionAGrp/PersonNm15KAREN A KOLLER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0199051
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9148967
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10146775
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11120012
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12116123
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13105115
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14102808
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15198114
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/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9VP & CHIEF FINANCIAL OFFIC
IRS990/Form990PartVIISectionAGrp/TitleTxt10VP OF ADMIN & COO
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIR COMM & ENVIRON RESOURC
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP OF MARKETING & COMMUNCIATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt13CHIEF ELDERLY SERVICES OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt14CHIEF HOUSING & COMPLIANCE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt15PAST PRESIDENT/CEO/CLERK
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01969
IRS990/FormerOfcrEmployeesListedInd01
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt062032613
IRS990/GrantAmt050471115
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt050471115
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt050471115
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt062477099
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt011
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt046473
IRS990/InsuranceGrp/ProgramServicesAmt057419
IRS990/InsuranceGrp/TotalAmt0103892
IRS990/IntangibleAssetsGrp/EOYAmt02830817
IRS990/InterestGrp/ManagementAndGeneralAmt082
IRS990/InterestGrp/ProgramServicesAmt0197
IRS990/InterestGrp/TotalAmt0279
IRS990/InvestmentIncomeGrp/ExclusionAmt06020
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06020
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt051
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01585263
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0286145
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0256733
IRS990/LandBldgEquipCostOrOtherBssAmt01841996
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt029899
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt029899
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/BOYAmt020473
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt03591539
IRS990/NetAssetsOrFundBalancesEOYAmt03287094
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03591539
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03287094
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0370148
IRS990/OccupancyGrp/ProgramServicesAmt0688862
IRS990/OccupancyGrp/TotalAmt01059010
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt066267
IRS990/OfficeExpensesGrp/ProgramServicesAmt0440664
IRS990/OfficeExpensesGrp/TotalAmt0506931
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt046570
IRS990/OtherAssetsTotalGrp/EOYAmt046570
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0541229
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0541229
IRS990/OtherExpensesGrp/Desc0DUES
IRS990/OtherExpensesGrp/Desc1PORTABILITY
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt026858
IRS990/OtherExpensesGrp/ProgramServicesAmt05785
IRS990/OtherExpensesGrp/ProgramServicesAmt114960
IRS990/OtherExpensesGrp/TotalAmt032643
IRS990/OtherExpensesGrp/TotalAmt114960
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt02989203
IRS990/OtherRevenueTotalAmt029899
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0947578
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt05926554
IRS990/OtherSalariesAndWagesGrp/TotalAmt06874132
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt019032
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt019032
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05952
IRS990/PayrollTaxesGrp/ProgramServicesAmt0614914
IRS990/PayrollTaxesGrp/TotalAmt0620866
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02847
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0294064
IRS990/PensionPlanContributionsGrp/TotalAmt0296911
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02336410
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt02522813
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0114743
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0199620
IRS990/PrincipalOfficerNm0BRIAN SCALES
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/Desc0ADMINISTRATION REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0404915
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0404915
IRS990/ProgSrvcAccomActy2Grp/Desc0COMMUNITY RESOURCES - THE COMMUNITY RESOURCES DIVISION WORKS WITH COMMUNITIES THROUGHOUT THE NORTHEAST, PUERTO RICO AND THE U.S. VIRGINISLANDS 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/ExpenseAmt04135613
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0900
IRS990/ProgSrvcAccomActy3Grp/Desc0PROPERTY MANAGEMENT - THE PROPERTY MANAGEMENT DIVISION OVERSEES THE SUPPORT FOR A WIDE RANGE OF COMMUNITY DEVELOPMENT AND INFRASTRUCTURE PROJECTS. 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/ExpenseAmt0485866
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0433914
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt086006401
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt074310038
IRS990/PYInvestmentIncomeAmt03706
IRS990/PYOtherExpensesAmt03319954
IRS990/PYOtherRevenueAmt027526
IRS990/PYProgramServiceRevenueAmt0402597
IRS990/PYRevenuesLessExpensesAmt0736448
IRS990/PYSalariesCompEmpBnftPaidAmt08073790
IRS990/PYTotalExpensesAmt085703782
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt086440230
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-304445
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04362314
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04549180
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS - 2018 AMOUNT: $ 2,937. 2019 AMOUNT: $ 17,248. 2020 AMOUNT: $ 35,153. 2021 AMOUNT: $ 27,526. 2022 AMOUNT: $ 29,899.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt062036265
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt086006401
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt056063547
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt038090421
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt035973036
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0278169670
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt06020
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03706
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt03609
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt05546
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0461
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt019342
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01990044
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt029899
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt027526
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt035153
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt017248
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt02937
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0112763
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99950
IRS990ScheduleA/PublicSupportPY170Pct00.99960
IRS990ScheduleA/PublicSupportTotal170Amt0278169670
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt062036265
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt086006401

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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