CMRS II Inc

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1982

Legal Domicile

Principal Officer

Edward Olney

Phone

6035473311

Tax Period

2021-07-01 to 2022-06-30

CMRS II Inc, founded in 1982, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2021. Revenue surged 245% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.2M, a strong 79% operating margin.

Mission

The mission of CMRS II, is to promote, encourage and sponsor charitable community integrated housing, rehabilitative services, and related programs of instruction and support to developmentally challenged individuals. CMRS II, Inc. will be a principal force in enabling and empowering citizens with physical, emotional, cognitive or other related considerations to pursue the highest degree of independence as may be individually possible.

Program Service Accomplishments

Program 1

Expenses: $224,533 Revenue: $445,849

Expenses relating to the operation of the Courtyard Apartments, a HUD subsidized apartment complex in Manchester, New Hampshire, the occupancy of which is restricted to the people with disabilities.

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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%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $6,980

Program Service Revenue $445,849

Investment Income $1,079,860

Other Revenue $0

TOTAL REVENUE $1,532,689

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $224,533

Other Expenses $326,651

TOTAL EXPENSES $326,651

Year-over-Year Comparison

	2021	2020	Change
Revenue	$1,532,689	$444,782	+2.4%
Expenses	$326,651	$323,118	+0.0%
Net Income	$1,206,038	$121,664	+8.9%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$415,965

Total Directors

$294,865

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Edward Olney	President & CEO	0.50	Officer Director	$0	$25,502	$294,865
Henry Veilleux	Chairman	0.50	Officer Director	$0	$0	$0
James C Piet	Vice Chair	0.50	Officer Director	$0	$0	$0
Ethan Arnold	Treasurer	0.50	Officer Director	$0	$0	$0
Craig Beck	Director	0.50	Director	$0	$0	$0
Cynthia Yuknewicz	Director	0.50	Director	$0	$0	$0
Deanna S Howard	Director, Past Treasurer	0.50	Director	$0	$0	$0
Jane Bergeron	Director	0.50	Director	$0	$0	$0
Marilyn Soper	Director	0.50	Director	$0	$0	$0
Nancy Van Vranken MD	Director	0.50	Director	$0	$0	$0
Peggy Scott	Director	0.50	Director	$0	$0	$0
Benjamin F Gayman	Past Director	0.50	Director	$0	$0	$0
Jonathan Sparkman	Secretary	0.50	Officer	$0	$0	$0
Kevin Harte	VP Advancement	0.50	Officer	$0	$8,693	$121,100

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
2022	$1,532,689	$326,651	No data	$1,206,038
2021	$444,782	$323,118	$925,870	$121,664
2020	$454,602	$347,785	$828,416	$106,817
2019	$443,624	$349,719	$740,214	$93,905
2018	$422,660	$319,666	$662,682	$102,994