CAMBRIDGE NEIGHBORHOOD APARTMENT HOUSING SERVICES INC

EIN: 222479448 501(c)(3) Housing & Shelter

CAMBRIDGE, MA

Total Revenue
$2,413,642
Total Expenses
$471,086
Total Assets
$38,794,706
Net Assets
$38,081,055
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
MA
Principal Officer
SARA BARCAN
Phone
6178684858
Tax Period
2024-07-01 to 2025-06-30

CAMBRIDGE NEIGHBORHOOD APARTMENT HOUSING SERVICES INC, founded in 1983, is a community nonprofit in the Housing & Shelter sector that reported $2.4M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.9M, a strong 80% operating margin.

Mission

LOW AND MODERATE INCOME HOUSING SERVICES

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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 $464,689
Program Service Revenue $1,655,339
Investment Income $281,714
Other Revenue $11,900
TOTAL REVENUE $2,413,642

Expense Breakdown

Grants Paid $5,497
Salaries & Benefits $296,278
Fundraising Expenses $0
Program Expenses $428,688
Other Expenses $169,311
TOTAL EXPENSES $471,086

Year-over-Year Comparison

2024 2023 Change
Revenue $2,413,642 $2,144,478 +0.1%
Expenses $471,086 $427,848 +0.1%
Net Income $1,942,556 $1,716,630 +0.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
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
3
$0
Total Directors
10
$276,438
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUSAN RICHARDS PRESIDENT 5.00
Officer Director
$0 $0 $0
LEONARD SINGER CLERK 5.00
Officer Director
$0 $0 $0
TIMOTHY BOMBARD TREASURER 5.00
Officer Director
$0 $0 $0
CHRIS COTTER BOARD MEMBER 5.00
Director
$0 $0 $0
LAUREN CURRY BOARD MEMBER 5.00
Director
$0 $0 $0
BARBARA CRYSTAL BOARD MEMBER 5.00
Director
$0 $0 $0
ESTHER HANIG BOARD MEMBER 5.00
Director
$0 $0 $0
MICHAEL JOHNSTON BOARD MEMBER 5.00
Director
$0 $0 $0
DELFINE MASONGO BOARD MEMBER 5.00
Director
$0 $0 $0
SARA BARCAN EXECUTIVE DIRECTOR 5.00
Director
$0 $40,149 $276,438
HIEN BURNHAM CONTROLLER 5.00
Highest
$0 $35,916 $178,762
LEE DEPIETRO DIRECTOR OF ASSET MANAGEMENT 5.00
Highest
$0 $12,684 $164,820
KATE GILMORE DIRECTOR OF REAL ESTATE 5.00
Highest
$0 $23,262 $156,608
SUSAN TWOMEY DIRECTOR OF CONSTRUCTION A 5.00
Highest
$0 $19,712 $164,716
WILL MONSON SENIOR PROJECT MANAGER 5.00
Highest
$0 $19,100 $150,464
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 $2,413,642 $471,086 $38,794,706 $1,942,556
2024 $2,144,478 $427,848 $36,870,535 $1,716,630
2023 $1,760,140 $334,668 $35,161,517 $1,425,472
2022 $1,708,785 $339,737 $33,973,958 $1,369,048
2021 $1,716,879 $279,325 $32,440,290 $1,437,554
2020 $1,594,891 $353,630 $31,222,390 $1,241,261
2019 $1,538,410 $388,305 $29,907,776 $1,150,105
2018 $1,696,711 $362,409 $28,957,440 $1,334,302
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