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RCAP SOLUTIONS INC FORMERLY RURAL HOUSING IMPROVEMENT INC
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RCAP SOLUTIONS INC FORMERLY RURAL HOUSING IMPROVEMENT INC
Worcester, MA, US
•
501(c)3
•
EIN
04-2454675
•
WWW.RCAPSOLUTIONS.ORG
RCAP SOLUTIONS INC FORMERLY RURAL HOUSING IMPROVEMENT INC
Sign up to claim this org
Worcester, MA, US
•
501(c)3
•
EIN
04-2454675
•
WWW.RCAPSOLUTIONS.ORG
Overview
Programs
990s
Income Statement
Balance Sheet
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People
Board & Team
Financials
Financial Trends
Funding
Funders
Grants Received
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Income Statement
Fiscal Year Start:
Jul 1
Revenues in
2024
$67,244,674
Government Grants
>99%
Program Services
<1%
Other
<1%
Investments
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in
2024
$66,993,684
Grants
81%
Salaries & Benefits
14%
Offices, Occupancy & IT
2%
Other
1%
Fees to Service Providers
<1%
Depreciation
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$3,652
$3,506
-4%
Government Grants
$62,032,613
$66,763,829
+8%
Fundraising Events
$0
$0
-
Program Services
$404,915
$432,413
+7%
Membership Dues
$0
$0
-
Investments
$6,020
$14,511
+141%
Other
$29,899
$30,415
+2%
Total Revenues
$62,477,099
$67,244,674
+8%
Expenses
2023
2024
Change
Grants
$50,471,115
$54,244,083
+7%
Benefits to Members
$0
$0
-
Salaries & Benefits
$8,742,938
$9,587,085
+10%
Fees to Service Providers
$1,132,233
$626,532
-45%
Advertising & Promotion
$33,580
$37,114
+11%
Offices, Occupancy & IT
$1,565,941
$1,599,890
+2%
Interest
$279
$0
-100%
Depreciation
$44,452
$44,955
+1%
Other
$791,006
$854,025
+8%
Total Expenses
$62,781,544
$66,993,684
+7%
Net income
2023
2024
Change
Net income
-$304,445
+$250,990
-182%
Functional Expenses
Summary
2023
2024
Change
Program
$60,436,696
$63,582,687
+5%
Admin
$2,344,848
$3,410,997
+45%
Fundraising
$0
$0
-
Total Expenses
$62,781,544
$66,993,684
+7%
Income Statement
