WORCESTER, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)RCAP SOLUTIONS INC FORMERLY RURAL HOUSING IMPROVEMENT INC, founded in 1969, is a mid-sized nonprofit that reported $78.8M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion.
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.
CLIENT RESOURCES - THE CLIENT RESOURCES DIVISION WORKS WITH ELIGIBLE AFFORDABLE HOUSING, HOMELESSNESS PREVENTION, AND FAMILY UNIFICATION AND SELF-SUFFICIENCY SERVICES. THESE SERVICES INCLUDE HOUSING...
CLIENT RESOURCES - THE CLIENT RESOURCES DIVISION WORKS WITH ELIGIBLE AFFORDABLE HOUSING, HOMELESSNESS PREVENTION, AND FAMILY UNIFICATION AND SELF-SUFFICIENCY SERVICES. THESE SERVICES INCLUDE HOUSING ASSISTANCE PAYMENTS FOR LOW INCOME TENANTS, TRANSITIONAL HOUSING AND ASSISTANCE FOR THE HOMELESS OR THOSE FLEEING DOMESTIC VIOLENCE, LANDLORD TENANT MEDIATION, AND TRAINING AND SUPPORT FOR PROPERTY OWNERS AND FIRST TIME HOMEOWNERS.
COMMUNITY 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...
COMMUNITY 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.
PROPERTY 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...
PROPERTY 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.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $78,835,390 | $67,244,674 | +0.2% |
| Expenses | $78,018,415 | $66,993,684 | +0.2% |
| Net Income | $816,975 | $250,990 | +2.3% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CARL H ALLEN JR | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| HENRY NOEL JR | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| JEFFREY FOX | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| JOANN MARSILI | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| JULIE CAROLL | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| KEN REID | TREASURER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| LAURA MCGEE | IMMEDIATE PAST CHAIR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| SUSAN BACHMAN | VICE CHAIR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| TIM GRINHAM | OUTGOING DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| TRACEY WEEDEN | CHAIR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| ALYSSA GLENNON | VP & CFO | 40.00 |
Officer
|
$164,306 | $11,130 | $175,436 |
| BRIAN SCALES | PRESIDENT/CEO/CLERK | 40.00 |
Officer
|
$257,745 | $15,270 | $273,015 |
| EMILY FARRAND | VP OF ADMIN & COO | 40.00 |
Highest
|
$171,793 | $26,462 | $198,255 |
| JENNIFER DAY | DIR COMM & ENVIRON RESOURCES | 40.00 |
Highest
|
$141,434 | $20,022 | $161,456 |
| LINDA A KIRWAN | DIRECTOR OF PROPERTY MGMT | 40.00 |
Highest
|
$118,753 | $15,066 | $133,819 |
| MAEGEN MCCAFFREY | VP OF MARKETING & COMMUNCI | 40.00 |
Highest
|
$127,558 | $8,674 | $136,232 |
| MARK A JOHNSON | DIR COMM & ENVIRON RESOURCES | 40.00 |
Highest
|
$123,605 | $21,877 | $145,482 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $78,835,390 | $78,018,415 | $13,158,420 | $816,975 |
| 2024 | No data | No data | No data | No data |
| 2023 | $62,477,099 | $62,781,544 | $12,177,708 | $-304,445 |
| 2022 | $86,440,230 | $85,703,782 | $9,084,523 | $736,448 |
| 2021 | $56,523,582 | $55,304,025 | $14,779,223 | $1,219,557 |
| 2020 | $38,499,579 | $38,193,579 | $6,427,378 | $306,000 |
| 2019 | $36,351,329 | $36,034,252 | $5,168,842 | $317,077 |
| 2018 | $33,151,333 | $33,019,992 | $4,804,817 | $131,341 |
Compare RCAP SOLUTIONS INC FORMERLY RURAL HOUSING IMPROVEMENT INC with other nonprofits in Massachusetts and across the country.