THE SOMERVILLE COMMUNITY CORPORATION INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$54,030,157
Property, Plant, & Equipment (net)
85%
Other Assets
12%
Cash & Equivalents
2%
Receivables (Non-Related)
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$57,964,548
Notes Payable / Debt (Non-Related)
78%
Other Liabilities
19%
Payables & Accruals
3%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$583,595
$1,066,053
+83%
Receivables (Non-Related)
$731,537
$618,191
-15%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$72,757
$86,841
+19%
Investments
-
-
-
Property, Plant, & Equipment (net)
$46,461,721
$45,731,370
-2%
Other Assets
$5,326,374
$6,527,702
+23%
Total Assets
$53,175,984
$54,030,157
+2%
Liabilities
2023
2024
Change
Payables & Accruals
$2,160,507
$1,816,799
-16%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$44,001,590
$45,263,494
+3%
Related-Party Payables
-
-
-
Other Liabilities
$11,065,587
$10,884,255
-2%
Total Liabilities
$57,227,684
$57,964,548
+1%
Net assets
2023
2024
Change
Restricted Net Assets
$17,506
$67,506
+286%
Unrestricted Net Assets
-$4,069,206
-$4,001,897
+2%
Net assets
2023
2024
Change
Net assets
-$4,051,700
-$3,934,391
+3%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)