Civic Intelligence

Champ Homes Inc

EIN 04-3006010 • 501(c)3 • Hyannis, MA

Profile

To provide our neighbors on cape cod and the islands with an affordable, supportive home where each person may move towards his or her full potential.

82 School StreetHyannis, MA 02601

www.champhomes.org

Siviq Scores

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

Liabilities / Assets

41st percentile

0.03x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

49th percentile

0.07x

Higher debt load relative to revenue than 49% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

23rd percentile

-8.8%

Higher net margin than 23% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

32nd percentile

-2.2%

Faster asset growth than 32% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

45th percentile

4.3%

Faster revenue growth than 45% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,803,099

Down $41,012 (-2.2%) from 2023

Liabilities

Up

$49,638

Up $21,318 (+75%) from 2023

Net Assets

Down

$1,753,461

Down $62,330 (-3.4%) from 2023

Revenue

Up

$700,326

Up $28,595 (+4.3%) from 2023

Expenses

Up

$762,216

Up $20,669 (+2.8%) from 2023

Net Income

Up

-$61,890

Up $7,926 (+11%) from 2023

Trend Graphs

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $1,776,371Liabilities 2010: $81,004Net Assets 2010: $1,695,3672010Assets 2011: $1,843,260Liabilities 2011: $71,114Net Assets 2011: $1,772,1462011Assets 2012: $1,980,246Liabilities 2012: $45,091Net Assets 2012: $1,935,1552012Assets 2013: $2,803,606Liabilities 2013: $515,051Net Assets 2013: $2,288,5552013Assets 2014: $2,806,042Liabilities 2014: $449,907Net Assets 2014: $2,356,1352014Assets 2015: $3,299,188Liabilities 2015: $557,094Net Assets 2015: $2,742,0942015Assets 2016: $2,958,797Liabilities 2016: $219,390Net Assets 2016: $2,739,4072016Assets 2017: $2,682,729Liabilities 2017: $156,635Net Assets 2017: $2,526,0942017Assets 2018: $2,250,464Liabilities 2018: $33,651Net Assets 2018: $2,216,8132018Assets 2019: $2,079,915Liabilities 2019: $24,769Net Assets 2019: $2,055,1462019Assets 2020: $1,987,845Liabilities 2020: $23,775Net Assets 2020: $1,964,0702020Assets 2021: $1,996,576Liabilities 2021: $34,828Net Assets 2021: $1,961,7482021Assets 2022: $1,911,621Liabilities 2022: $25,893Net Assets 2022: $1,885,7282022Assets 2023: $1,844,111Liabilities 2023: $28,320Net Assets 2023: $1,815,7912023Assets 2024: $1,803,099Liabilities 2024: $49,638Net Assets 2024: $1,753,4612024

Highlighted filing

2024

Assets$1,803,099
Liabilities$49,638
Net Assets$1,753,461

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $592,4722010Expenses 2011: $596,7212011Expenses 2012: $807,3462012Revenue 2013: $1,555,347Expenses 2013: $1,206,647Net Income 2013: $348,7002013Revenue 2014: $1,295,835Expenses 2014: $1,232,988Net Income 2014: $62,8472014Revenue 2015: $1,707,979Expenses 2015: $1,322,019Net Income 2015: $385,9602015Revenue 2016: $789,688Expenses 2016: $794,163Net Income 2016: -$4,4752016Revenue 2017: $546,360Expenses 2017: $764,835Net Income 2017: -$218,4752017Revenue 2018: $756,617Expenses 2018: $747,898Net Income 2018: $8,7192018Revenue 2019: $525,426Expenses 2019: $687,812Net Income 2019: -$162,3862019Revenue 2020: $620,870Expenses 2020: $711,946Net Income 2020: -$91,0762020Revenue 2021: $741,064Expenses 2021: $744,615Net Income 2021: -$3,5512021Revenue 2022: $658,227Expenses 2022: $733,772Net Income 2022: -$75,5452022Revenue 2023: $671,731Expenses 2023: $741,547Net Income 2023: -$69,8162023Revenue 2024: $700,326Expenses 2024: $762,216Net Income 2024: -$61,8902024

Highlighted filing

2024

Revenue$700,326
Expenses$762,216
Net Income-$61,890

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.80$0.05$1.75$0.70$0.76$0.06
2023Detailed filing. Detailed filing data is available for this year.$1.84$0.03$1.82$0.67$0.74$0.07
2022Detailed filing. Detailed filing data is available for this year.$1.91$0.03$1.89$0.66$0.73$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.00$0.03$1.96$0.74$0.74$0.00
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.99$0.02$1.96$0.62$0.71$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.08$0.02$2.06$0.53$0.69$0.16
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.25$0.03$2.22$0.76$0.75$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.68$0.16$2.53$0.55$0.76$0.22
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.96$0.22$2.74$0.79$0.79$0.00
2015Summary only. Only limited summary data is available for this year.$3.30$0.56$2.74$1.71$1.32$0.39
2014Detailed filing. Detailed filing data is available for this year.$2.81$0.45$2.36$1.30$1.23$0.06
2013Detailed filing. Detailed filing data is available for this year.$2.80$0.52$2.29$1.56$1.21$0.35
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.98$0.05$1.94$0.81
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.84$0.07$1.77$0.60
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.78$0.08$1.70$0.59
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 28, 2025
Return Version
2024v5.0
Gross Receipts
$704,987
Mission and Program Overview

Mission

To provide our neighbors on cape cod and the islands with an affordable, supportive home where each person may move towards his or her full potential.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,176,441$1,183,361▲ $6,920
Savings and Temporary Cash Investments$528,378$470,689▼ $57,689
Cash and Non-Interest-Bearing Accounts$62,080$82,131▲ $20,051
Accounts Receivable$46,466$28,489▼ $17,977
Investments in Publicly Traded Securities$16,694$19,383▲ $2,689
Prepaid Expenses and Deferred Charges$10,619$15,490▲ $4,871
Total Assets$1,844,111$1,803,099▼ $41,012
Other Assets Total$3,433$3,556▲ $123
Liabilities
Accounts Payable and Accrued Expenses$28,320$49,638▲ $21,318
Total Liabilities$28,320$49,638▲ $21,318
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,812,358$1,734,905▼ $77,453
Net Assets With Donor Restrictions$3,433$18,556▲ $15,123
Total Net Assets Fund Balance$1,815,791$1,753,461▼ $62,330
Total Liabilities and Net Assets / Fund Balance$1,844,111$1,803,099▼ $41,012

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,026,100$1,016,425$2,042,525
Land$150,000-$150,000
Equipment$7,261$63,664$70,925
Compensation and Service Providers

Board Members and Trustees

NameTitle
James DannhauserPresident
Carey DobsonDirector
Cheryl KramerDirector
Kiley KrafveDirector
Laura UsherDirector
Laurie McanaughDirector
Mark BoudreauDirector
Molly SproulDirector
Robert SchulteDirector
Sarah ColvinSecretary
James QuitadamoTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Boardwalk Business Group LLCOper & AcctgPO BOX 565, Forestdale, MA 02644$136,791
Revenue and Support

Revenue Composition

Contributions and Grants
$339,278
Program Service Revenue
$270,990
Investment Income
$16,427
Other Revenue
$73,631
All Other Contributions
$149,914
Change in Net Assets
$-61,890

Audited Revenue Reconciliation

Revenue per Audited Statements
$700,326
Revenue Not Reported on Form 990
$-440
Total Revenue per Audited Statements
$699,886
Total Revenue per Form 990
$700,326
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$503,436
Salaries, Compensation, and Employee Benefits$258,780
Total Fundraising Expense$74,288
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$189,418$22,821$15,975$228,214
Fees for Services Other$31,647$126,589$39,000$197,236
Occupancy$46,826$5,853$5,853$58,532
Depreciation Depletion$51,308$5,701-$57,009
Insurance-$46,193-$46,193
Payroll Taxes$16,249$1,958$1,370$19,577
Office Expenses-$3,584$8,791$12,375
Information Technology-$11,442-$11,442
Other Employee Benefits$9,120$1,099$770$10,989
Other Expenses$13,424$10,250-$10,250
All Other Expenses-$5,738$2,529$8,267
Total Functional Expenses$446,700$241,228$74,288$762,216

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$762,216
Total Expenses per Audited Statements$762,216
Total Expenses per Form 990$762,216
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$39,479
Fundraising Direct Expenses$4,661
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Earth Day$21,055$21,055-$21,055
Comedy Show$12,304$12,304-$12,304
Total Events$39,479$39,479$4,661$34,818
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
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
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

A copy of form 990 is distributed to each board member and reviewed and approved at a regularly scheduled board meeting.

Form 990, Page 6, Part VI, Line 12C

The board upadates its conflict of interest policy annually by requiring its members to affirm any conflict of interests. On an interim basis, any potential conflict is addressed immediately by the board.

Form 990, Page 6, Part VI, Line 15A

Compensation is reviewed and approved by the board of directors.

Form 990, Page 6, Part VI, Line 15B

Compensation is reviewed and approved by the board of directors.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Champ Homes Inc
EIN
04-3006010
Phone
5087710885
Address
82 SCHOOL STREET, HYANNIS, MA 02601

Signing Officer

Name
James Quitadamo
Title
Treasurer
Phone
5087786425
Signed
2025-08-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Dannhauser
Formed
1988
Legal Domicile
Ma
Voting Board Members
11
Independent Board Members
11
Employees
8
Volunteers
100

Preparer

Firm
Sanders Walsh & Eaton Cpas LLC
Address
PO BOX F, OSTERVILLE, MA 02655
Preparer
Joseph F Mcgee CPA
Phone
5084280790
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteers help with the cooking of meals and special events.

Form 990, Page 2, Part III, Line 4A

"champ homes, inc. (chi) continues to be a leader in the cape cod community by housing those who fall through the gaps in other housing programs. Our residents come from a variety of backgrounds with a common characteristic of their life being, they were either homeless or near homelessness when they arrived at chi. The homes at our 82 school street campus continued to serve a population from a variety of backgrounds. The ready home serves mostly head injured individuals and most of the case management and life skills work is shared with the community support associates, a for-profit organization serving the head injured under contract with the state head injured program. The alice o'neill house's population houses those in need of short-term and longer term transitional housing. Champ homes, inc. Provides the housing component of the program and additional case and life skills support. Champ homes continues to increase life skills training with outside contracted consultants to offer educational and job search support to residents who would benefit from these programs. Throughout the year chi also offered daily nutrition, and pathways to health and various programs to residents to help improve their well-being. Chi utilizes "a hand up" rather than a "hand out" approach. Champ homes, inc. Continues to do considerable networking within the communities in order to build a more supportive community response to the root causes of homelessness and to build community wherever and whenever possible. Finally, the organization supports team m25 and its programs."

Form 990, Part IX, Line 11G

Management fee 31,647 126,589 39,000

Raw XML AppendixShowing 400 of 476 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.

Path#Value
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IRS990/ActivityOrMissionDesc0TO PROVIDE OUR NEIGHBORS ON CAPE COD AND THE ISLANDS WITH AN AFFORDABLE, SUPPORTIVE HOME WHERE EACH PERSON MAY MOVE TOWARDS HIS OR HER FULL POTENTIAL.
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IRS990/Desc0"CHAMP HOMES, INC. (CHI) CONTINUES TO BE A LEADER IN THE CAPE COD COMMUNITY BY HOUSING THOSE WHO FALL THROUGH THE GAPS IN OTHER HOUSING PROGRAMS. OUR RESIDENTS COME FROM A VARIETY OF BACKGROUNDS WITH A COMMON CHARACTERISTIC OF THEIR LIFE BEING, THEY WERE EITHER HOMELESS OR NEAR HOMELESSNESS WHEN THEY ARRIVED AT CHI. THE HOMES AT OUR 82 SCHOOL STREET CAMPUS CONTINUED TO SERVE A POPULATION FROM A VARIETY OF BACKGROUNDS. THE READY HOME SERVES MOSTLY HEAD INJURED INDIVIDUALS AND MOST OF THE CASE MANAGEMENT AND LIFE SKILLS WORK IS SHARED WITH THE COMMUNITY SUPPORT ASSOCIATES, A FOR-PROFIT ORGANIZATION SERVING THE HEAD INJURED UNDER CONTRACT WITH THE STATE HEAD INJURED PROGRAM. THE ALICE O'NEILL HOUSE'S POPULATION HOUSES THOSE IN NEED OF SHORT-TERM AND LONGER TERM TRANSITIONAL HOUSING. CHAMP HOMES, INC. PROVIDES THE HOUSING COMPONENT OF THE PROGRAM AND ADDITIONAL CASE AND LIFE SKILLS SUPPORT. CHAMP HOMES CONTINUES TO INCREASE LIFE SKILLS TRAINING WITH OUTSIDE CONTRACTED CONSULTANTS TO OFFER EDUCATIONAL AND JOB SEARCH SUPPORT TO RESIDENTS WHO WOULD BENEFIT FROM THESE PROGRAMS. THROUGHOUT THE YEAR CHI ALSO OFFERED DAILY NUTRITION, AND PATHWAYS TO HEALTH AND VARIOUS PROGRAMS TO RESIDENTS TO HELP IMPROVE THEIR WELL-BEING. CHI UTILIZES "A HAND UP" RATHER THAN A "HAND OUT" APPROACH. CHAMP HOMES, INC. CONTINUES TO DO CONSIDERABLE NETWORKING WITHIN THE COMMUNITIES IN ORDER TO BUILD A MORE SUPPORTIVE COMMUNITY RESPONSE TO THE ROOT CAUSES OF HOMELESSNESS AND TO BUILD COMMUNITY WHEREVER AND WHENEVER POSSIBLE. FINALLY, THE ORGANIZATION SUPPORTS TEAM M25 AND ITS PROGRAMS."
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0BOTTLE RETURNS 2,349 OTHER INCOME 0
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS HELP WITH THE COOKING OF MEALS AND SPECIAL EVENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1"CHAMP HOMES, INC. (CHI) CONTINUES TO BE A LEADER IN THE CAPE COD COMMUNITY BY HOUSING THOSE WHO FALL THROUGH THE GAPS IN OTHER HOUSING PROGRAMS. OUR RESIDENTS COME FROM A VARIETY OF BACKGROUNDS WITH A COMMON CHARACTERISTIC OF THEIR LIFE BEING, THEY WERE EITHER HOMELESS OR NEAR HOMELESSNESS WHEN THEY ARRIVED AT CHI. THE HOMES AT OUR 82 SCHOOL STREET CAMPUS CONTINUED TO SERVE A POPULATION FROM A VARIETY OF BACKGROUNDS. THE READY HOME SERVES MOSTLY HEAD INJURED INDIVIDUALS AND MOST OF THE CASE MANAGEMENT AND LIFE SKILLS WORK IS SHARED WITH THE COMMUNITY SUPPORT ASSOCIATES, A FOR-PROFIT ORGANIZATION SERVING THE HEAD INJURED UNDER CONTRACT WITH THE STATE HEAD INJURED PROGRAM. THE ALICE O'NEILL HOUSE'S POPULATION HOUSES THOSE IN NEED OF SHORT-TERM AND LONGER TERM TRANSITIONAL HOUSING. CHAMP HOMES, INC. PROVIDES THE HOUSING COMPONENT OF THE PROGRAM AND ADDITIONAL CASE AND LIFE SKILLS SUPPORT. CHAMP HOMES CONTINUES TO INCREASE LIFE SKILLS TRAINING WITH OUTSIDE CONTRACTED CONSULTANTS TO OFFER EDUCATIONAL AND JOB SEARCH SUPPORT TO RESIDENTS WHO WOULD BENEFIT FROM THESE PROGRAMS. THROUGHOUT THE YEAR CHI ALSO OFFERED DAILY NUTRITION, AND PATHWAYS TO HEALTH AND VARIOUS PROGRAMS TO RESIDENTS TO HELP IMPROVE THEIR WELL-BEING. CHI UTILIZES "A HAND UP" RATHER THAN A "HAND OUT" APPROACH. CHAMP HOMES, INC. CONTINUES TO DO CONSIDERABLE NETWORKING WITHIN THE COMMUNITIES IN ORDER TO BUILD A MORE SUPPORTIVE COMMUNITY RESPONSE TO THE ROOT CAUSES OF HOMELESSNESS AND TO BUILD COMMUNITY WHEREVER AND WHENEVER POSSIBLE. FINALLY, THE ORGANIZATION SUPPORTS TEAM M25 AND ITS PROGRAMS."
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF FORM 990 IS DISTRIBUTED TO EACH BOARD MEMBER AND REVIEWED AND APPROVED AT A REGULARLY SCHEDULED BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD UPADATES ITS CONFLICT OF INTEREST POLICY ANNUALLY BY REQUIRING ITS MEMBERS TO AFFIRM ANY CONFLICT OF INTERESTS. ON AN INTERIM BASIS, ANY POTENTIAL CONFLICT IS ADDRESSED IMMEDIATELY BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MANAGEMENT FEE 31,647 126,589 39,000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false

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