Civic Intelligence

Rcap Solutions Financial Services Inc.

990 • Fiscal year 2019 • EIN 20-5660521

Jul 01, 2018 to Jun 30, 2019 • Filed on Apr 08, 2020

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

91st percentile

0.94x

Higher debt load relative to assets than 91% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

99th percentile

41.62x

Higher debt load relative to revenue than 99% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

86th percentile

35%

Higher net margin than 86% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

77th percentile

$289,952

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 116.5% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

77th percentile

15%

Faster asset growth than 77% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

86th percentile

35%

Faster revenue growth than 86% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Up

$11,039,311

Up $1,423,369 (+15%) from 2018

Net Assets

Up

$676,876

Up $86,145 (+15%) from 2018

Liabilities

Up

$10,362,435

Up $1,337,224 (+15%) from 2018

Revenue

Up

$248,977

Up $64,926 (+35%) from 2018

Expenses

Down

$162,832

Down $9,418 (-5.5%) from 2018

Net Income

Up

$86,145

Up $74,344 (+630%) from 2018

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: $3,769,116Liabilities 2010: $2,884,896Net Assets 2010: $884,2202010Assets 2011: $4,643,759Liabilities 2011: $3,892,142Net Assets 2011: $751,6172011Assets 2012: $5,906,804Liabilities 2012: $5,157,052Net Assets 2012: $749,7522012Assets 2013: $6,751,308Liabilities 2013: $6,063,187Net Assets 2013: $688,1212013Assets 2014: $7,303,142Liabilities 2014: $6,597,269Net Assets 2014: $705,8732014Assets 2015: $7,822,649Liabilities 2015: $7,188,661Net Assets 2015: $633,9882015Assets 2016: $8,126,668Liabilities 2016: $7,531,379Net Assets 2016: $595,2892016Assets 2017: $8,873,495Liabilities 2017: $8,294,565Net Assets 2017: $578,9302017Assets 2018: $9,615,942Liabilities 2018: $9,025,211Net Assets 2018: $590,7312018Assets 2019: $11,039,311Liabilities 2019: $10,362,435Net Assets 2019: $676,8762019Assets 2020: $11,671,609Liabilities 2020: $10,984,733Net Assets 2020: $686,8762020Assets 2021: $13,066,355Liabilities 2021: $12,378,350Net Assets 2021: $688,0052021Assets 2022: $13,741,762Liabilities 2022: $13,026,239Net Assets 2022: $715,5232022Assets 2023: $14,891,250Liabilities 2023: $14,089,882Net Assets 2023: $801,3682023Assets 2024: $14,776,925Liabilities 2024: $13,904,913Net Assets 2024: $872,0122024

Highlighted filing

2019

Assets$11,039,311
Liabilities$10,362,435
Net Assets$676,876

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2010: $195,4002010Expenses 2011: $267,7282011Expenses 2012: $220,3812012Expenses 2013: $300,6802013Revenue 2014: $273,966Expenses 2014: $256,214Net Income 2014: $17,7522014Revenue 2015: $241,825Expenses 2015: $313,710Net Income 2015: -$71,8852015Revenue 2016: $180,494Expenses 2016: $219,193Net Income 2016: -$38,6992016Revenue 2017: $181,461Expenses 2017: $197,820Net Income 2017: -$16,3592017Revenue 2018: $184,051Expenses 2018: $172,250Net Income 2018: $11,8012018Revenue 2019: $248,977Expenses 2019: $162,832Net Income 2019: $86,1452019Revenue 2020: $176,482Expenses 2020: $166,482Net Income 2020: $10,0002020Revenue 2021: $143,939Expenses 2021: $142,810Net Income 2021: $1,1292021Revenue 2022: $150,052Expenses 2022: $122,534Net Income 2022: $27,5182022Revenue 2023: $215,148Expenses 2023: $129,303Net Income 2023: $85,8452023Revenue 2024: $241,664Expenses 2024: $171,020Net Income 2024: $70,6442024

Highlighted filing

2019

Revenue$248,977
Expenses$162,832
Net Income$86,145
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Apr 8, 2020
Return Version
2018v3.1
Gross Receipts
$248,977
Mission and Program Overview

Mission

To provide loans for individuals and families for home repair and for helping disabled families and small businesses.

To promote community development by improving the social and economic conditions of under-served persons and distressed communities and to develop and foster self-sufficiency among such persons and communities. To improve the quality of life for low-income families and communities by providing and developing educational programs, services, financial and technical assistance including loans and grants for housing, protection of the environment, human services and community development including sewer and water projects.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$7,953,326$8,844,841▲ $891,515
Savings and Temporary Cash Investments$1,641,209$2,173,531▲ $532,322
Pledges and Grants Receivable$13,500$14,700▲ $1,200
Cash and Non-Interest-Bearing Accounts$5,000$6,039▲ $1,039
Accounts Receivable$936$0▼ $936
Prepaid Expenses and Deferred Charges$1,971$200▼ $1,771
Total Assets$9,615,942$11,039,311▲ $1,423,369
Liabilities
Other Liabilities$8,800,449$10,136,700▲ $1,336,251
Unsecured Notes Loans Payable$147,641$140,749▼ $6,892
Accounts Payable and Accrued Expenses$77,121$84,986▲ $7,865
Total Liabilities$9,025,211$10,362,435▲ $1,337,224
Net Assets / Fund Balance
Unrestricted Net Assets$590,731$676,876▲ $86,145
Total Net Assets Fund Balance$590,731$676,876▲ $86,145
Total Liabilities and Net Assets / Fund Balance$9,615,942$11,039,311▲ $1,423,369
Compensation and Service Providers

Board Members and Trustees

NameTitle
Heather DumaisChair
Laura M DownsImmediate Past Chair
Karen a KollerPresident & CEO/clerk
Matthew MayrandVice Chair
Carl H AllenDirector
Chantel BetheaDirector
Laura McgeeDirector
Timothy Morse JrTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
C&c Building & RemodelingConstruction87 CLARK STREET, Southbridge, MA 01550$258,525
Rcap Solutions INCManagement Services191 MAY STREET, Worcester, MA 01602$125,005
Revenue and Support

Revenue Composition

Contributions and Grants
$19,750
Program Service Revenue
$182,299
Investment Income
$363
Other Revenue
$46,565
Change in Net Assets
$86,145
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$162,832
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$82,506$25,817-$108,323
Fees for Services Management-$19,406-$19,406
Occupancy$10,634$5,318-$15,952
Travel$8,451--$8,451
Office Expenses$6,201--$6,201
Insurance$1,772--$1,772
Interest$1,456--$1,456
All Other Expenses$1,271--$1,271
Total Functional Expenses$112,291$50,541$0$162,832
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Contracts and Grants Refundable$9,900,745
Due to Related Party$235,955
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Rcap solutions, inc. Provides management services.

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 website, 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 financial services, inc. Falls under the rcap solutions, inc. Umbrella. Rcap solutions inc conducts policy and procedure training to all employees and staff on an annual basis. As part of the training the rcap solutions conflict of interest policy is covered. 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 resource 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.

Form 990, Part VI, Section C, Line 19

Available upon request or by inspection at the gardner office. Requests should be directed to the president of the board of directors. 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 Financial Services Inc
EIN
20-5660521
Phone
8004881969
Address
191 MAY STREET, WORCESTER, MA 01602

Signing Officer

Name
Karen Koller
Title
President
Phone
8004881969
Signed
2020-04-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen Koller
Formed
2006
Legal Domicile
Ma
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

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

Additional Explanations

Form 990, Part IX, Line 11G

Consultants: program service expenses 3,348. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,348. Management services: program service expenses 79,158. Management and general expenses 25,817. Fundraising expenses 0. Total expenses 104,975.

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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/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt120299
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2800
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0161200
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt120299
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2800
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt018250
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0166
IRS990/PYOtherExpensesAmt0172250
IRS990/PYOtherRevenueAmt03684
IRS990/PYProgramServiceRevenueAmt0161951
IRS990/PYRevenuesLessExpensesAmt011801
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0172250
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0184051
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt086145
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0228864
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01641209
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02173531
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0RCAP SOLUTIONS FINANCIAL SERVICES, INC. WAS CREATED TO PROVIDE FINANCIAL SERVICES THAT SPECIFICALLY COMPLEMENT THE ACTIVITIES OF AND BE CONSISTENT WITH THE OBJECTIVES OF RCAP SOLUTIONS, INC. THE ORGANIZATION HAS A HISTORIC AND CONTINUING RELATIONSHIP WITH RCAP SOLUTIONS, INC. THE TWO ORGANIZATIONS SHARE THE SAME BOARD OF DIRECTORS AND ARE INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS OF RCAP SOLUTIONS, INC. AND SUBSIDIARIES.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 1:
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0042454675
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd00
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0161492
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0RCAP SOLUTIONS INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0161492
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09900745
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1235955
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CONTRACTS AND GRANTS REFUNDABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO RELATED PARTY
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt010136700
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0264068
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt013531
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt01406
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt010947
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KAREN A KOLLER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT & CEO/CLERK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0289952
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RCAP SOLUTIONS, INC. PROVIDES MANAGEMENT SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 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 WEBSITE, REVIEWED BY THE COMPENSATION COMMITTEE, AND VOTED ON FOR APPROVAL. FILING IS COMPLETED BY RCAP SOLUTIONS' AUDITING FIRM (KEVIN P. MARTIN & ASSOCIATES).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2RCAP SOLUTIONS FINANCIAL SERVICES, INC. FALLS UNDER THE RCAP SOLUTIONS, INC. UMBRELLA. RCAP SOLUTIONS INC CONDUCTS POLICY AND PROCEDURE TRAINING TO ALL EMPLOYEES AND STAFF ON AN ANNUAL BASIS. AS PART OF THE TRAINING THE RCAP SOLUTIONS CONFLICT OF INTEREST POLICY IS COVERED. 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 RESOURCE DEPARTMENT. IN ADDITION, THE BOARD OF DIRECTORS CONDUCTS A REVIEW OF COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ANNUALLY EACH SEPTEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVAILABLE UPON REQUEST OR BY INSPECTION AT THE GARDNER OFFICE. REQUESTS SHOULD BE DIRECTED TO THE PRESIDENT OF THE BOARD OF DIRECTORS. IN ADDITION, THE FORM 990 IS AVAILABLE VIA GUIDESTAR AND THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONSULTANTS: PROGRAM SERVICE EXPENSES 3,348. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,348. MANAGEMENT SERVICES: PROGRAM SERVICE EXPENSES 79,158. MANAGEMENT AND GENERAL EXPENSES 25,817. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 104,975.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0010688835
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0LOW INCOME HOUSING RENTAL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0ATHOL HOUSING ASSOCIATES INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0205 SCHOOL STREET
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0GARDNER
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0MA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd001440
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0010688838
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0LOW INCOME HOUSING RENTAL
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0HAPCO LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt0198 HARRINGTON ST B5
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0ATHOL
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0MA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd001331
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0RCAP SOLUTIONS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0042454675
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0RENTAL ASSISTANCE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0205 SCHOOL STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0GARDNER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd001440
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$14.8$13.9$0.87$0.24$0.17$0.07
2023Detailed filing. Detailed filing data is available for this year.$14.9$14.1$0.80$0.22$0.13$0.09
2022Detailed filing. Detailed filing data is available for this year.$13.7$13.0$0.72$0.15$0.12$0.03
2021Detailed filing. Detailed filing data is available for this year.$13.1$12.4$0.69$0.14$0.14$0.00
2020Detailed filing. Detailed filing data is available for this year.$11.7$11.0$0.69$0.18$0.17$0.01
2019Detailed filing. Detailed filing data is available for this year.$11.0$10.4$0.68$0.25$0.16$0.09
2018Detailed filing. Detailed filing data is available for this year.$9.62$9.03$0.59$0.18$0.17$0.01
2017Detailed filing. Detailed filing data is available for this year.$8.87$8.29$0.58$0.18$0.20$0.02
2016Detailed filing. Detailed filing data is available for this year.$8.13$7.53$0.60$0.18$0.22$0.04
2015Detailed filing. Detailed filing data is available for this year.$7.82$7.19$0.63$0.24$0.31$0.07
2014Detailed filing. Detailed filing data is available for this year.$7.30$6.60$0.71$0.27$0.26$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.75$6.06$0.69$0.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.91$5.16$0.75$0.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.64$3.89$0.75$0.27
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.77$2.88$0.88$0.20