MID CAPE CHURCH HOMES INC

EIN: 042623918 501(c)(3)

HARWICH, MA

Total Revenue
$2,711,917
Total Expenses
$1,795,463
Total Assets
$13,089,650
Net Assets
$6,796,238
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
MA
Principal Officer
GREGORY Y WINSTON
Phone
5084329611
Tax Period
2024-01-01 to 2024-12-31

MID CAPE CHURCH HOMES INC, founded in 1975, is a community nonprofit that reported $2.7M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $916K, a strong 34% operating margin.

Mission

PROVIDE AFFORDABLE HOUSING FOR THE ELERLY AND HANDICAPPED AND IS FINANCED BY THE UNITED STATES DEPARTMENTS OF HUD AND RURAL ECONOMIC AND COMMUNITY DEVELOPMENT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,618,252
Program Service Revenue $597,034
Investment Income $496,631
Other Revenue $0
TOTAL REVENUE $2,711,917

Expense Breakdown

Grants Paid $0
Salaries & Benefits $345,227
Fundraising Expenses $0
Program Expenses $1,355,384
Other Expenses $1,450,236
TOTAL EXPENSES $1,795,463

Year-over-Year Comparison

2024 2023 Change
Revenue $2,711,917 $2,380,986 +0.1%
Expenses $1,795,463 $1,712,397 +0.0%
Net Income $916,454 $668,589 +0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEBRA BASSETT ASSISTANT TR 2.00
Officer Director
$0 $0 $0
JOANNE CLANCY DIRECTOR 1.00
Director
$0 $0 $0
JOHN CLARKE DIRECTOR 1.00
Director
$0 $0 $0
KATHY COCKCROFT DIRECTOR 1.00
Director
$0 $0 $0
PHYLLIS CUSHLANIS SECRETARY 2.00
Officer Director
$0 $0 $0
BUD DEY DIRECTOR 1.00
Director
$0 $0 $0
ROBERT DOANE VICE PRESIDE 2.00
Officer Director
$0 $0 $0
FORREST EATON TREASURER 2.00
Officer Director
$0 $0 $0
JOE DELLA MORTE DIRECTOR 1.00
Director
$0 $0 $0
LAURIAN SCHULTZ DIRECTOR 1.00
Director
$0 $0 $0
JOYCE WILLIAMS DIRECTOR 1.00
Director
$0 $0 $0
GREGORY Y WINSTON PRESIDENT 2.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $2,711,917 $1,795,463 $13,089,650 $916,454
2023 $2,380,986 $1,712,397 $12,137,961 $668,589
2022 $1,871,039 $1,635,054 $11,056,217 $235,985
2021 $1,916,574 $1,562,084 $11,754,576 $354,490
2020 $1,837,625 $1,538,780 $11,342,521 $298,845
2019 $1,806,018 $1,578,886 $10,565,525 $227,132
2018 $1,740,253 $1,492,037 $10,444,116 $248,216
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