FALMOUTH HOUSING CORPORATION

EIN: 043333866 501(c)(3) Housing & Shelter

FALMOUTH, MA

Total Revenue
$7,180,425
Total Expenses
$1,168,027
Total Assets
$15,459,584
Net Assets
$15,326,754
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
MA
Principal Officer
LINDA CLARK
Phone
5085404009
Tax Period
2025-01-01 to 2025-12-31

FALMOUTH HOUSING CORPORATION, founded in 1996, is a community nonprofit in the Housing & Shelter sector that reported $7.2M in total revenue in fiscal year 2025. Revenue surged 440% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6.0M, a strong 84% operating margin.

Mission

EDUCATE, STIMULATE, RESEARCH AND PROVIDE AFFORDABLE HOUSING IN THE TOWN OF FALMOUTH.

Program Service Accomplishments

Program 1
Expenses: $1,068,911 Revenue: $1,605,763

ACQUIRE, CONSTRUCT, MANAGE, MAINTAIN AND MAKE AVAILABLE, THROUGH ANY AVAILABLE RESOURCE, AFFORDABLE HOUSING IN THE TOWN OF FALMOUTH TO A PERSON OR FAMILIES IN NEED OF ECONOMIC ASSISTANCE.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $4,965,000
Program Service Revenue $1,605,763
Investment Income $488,341
Other Revenue $121,321
TOTAL REVENUE $7,180,425

Expense Breakdown

Grants Paid $0
Salaries & Benefits $839,562
Fundraising Expenses $4,979
Program Expenses $1,068,911
Other Expenses $328,465
TOTAL EXPENSES $1,168,027

Year-over-Year Comparison

2025 2024 Change
Revenue $7,180,425 $1,329,275 +4.4%
Expenses $1,168,027 $1,125,370 +0.0%
Net Income $6,012,398 $203,905 +28.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
17
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
3
$222,088
Total Directors
7
$222,088
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LINDA CLARK PRESIDENT 40.00
Officer Director
$209,076 $13,012 $222,088
FRANK K DUFFY JR ESQ CLERK 2.00
Officer Director
$0 $0 $0
ERIC T TURKINGTON TREASURER 2.00
Officer Director
$0 $0 $0
JESSICA ERICKSON WHRITENOUR DIRECTOR 1.00
Director
$0 $0 $0
THOMAS LEBACH DIRECTOR 1.00
Director
$0 $0 $0
MOLLY ENGLISH-BRAGA DIRECTOR 1.00
Director
$0 $0 $0
FRANK GARFIELD DIRECTOR 1.00
Director
$0 $0 $0
MARY-ELLEN MORRIS CFO 40.00
Highest
$166,429 $4,993 $171,422
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
2025 $7,180,425 $1,168,027 $15,459,584 $6,012,398
2024 $1,329,275 $1,125,370 $9,504,010 $203,905
2023 $1,596,117 $930,792 $9,235,952 $665,325
2022 $1,339,676 $804,410 $8,622,762 $535,266
2021 $682,361 $799,686 $8,237,824 $-117,325
2020 $3,112,490 $537,288 $8,391,838 $2,575,202
2019 $879,001 $489,858 $5,837,776 $389,143
2018 $869,766 $486,205 $5,679,359 $383,561
Explore More Nonprofits
→Top 100 Nonprofits in Massachusetts →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare FALMOUTH HOUSING CORPORATION with other nonprofits in Massachusetts and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.