PACE COMMUNITY HOUSING CORPORATION

EIN: 223208703 501(c)(3)

New Bedford, MA

Total Revenue
$65,103
Total Expenses
$121,209
Total Assets
$2,948,339
Net Assets
$1,970,900
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
MA
Phone
5089999920
Tax Period
2024-07-01 to 2025-06-30

PACE COMMUNITY HOUSING CORPORATION, founded in 1991, is a micro nonprofit that reported $65K in total revenue in fiscal year 2024. Expenses of $121K exceeded revenue, resulting in a 86% operating deficit.

Mission

TO PROVIDE SAFE AND SANITARY COST-EFFECTIVE HOUSING AND ACCESS TO NUTRITIOUS FOOD TO PERSONS AND FAMILIES OF LOW AND MODERATE INCOME IN THE GREATER NEW BEDFORD MASSACHUSETTS AREA.

Program Service Accomplishments

Program 1
Expenses: $121,209 Revenue: $65,073

TO IMPROVE THE QUALITY OF LIFE FOR UNDERPRIVILEGED INDIVIDUALS BY CREATING AFFORDABLE HOUSING IN THE NEW BEDFORD MASSACHUSETTS AREA.

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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 $0
Program Service Revenue $65,073
Investment Income $30
Other Revenue $0
TOTAL REVENUE $65,103

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $121,209
Other Expenses $121,209
TOTAL EXPENSES $121,209

Year-over-Year Comparison

2024 2023 Change
Revenue $65,103 $60,436 +0.1%
Expenses $121,209 $171,362 -0.3%
Net Income $-56,106 $-110,926 -0.5%
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
10
Independent Members
10
Employees
N/A
Volunteers
30

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
$132,954
Total Directors
11
$132,954
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAMELA KUECHLER EXECUTIVE DIRECTOR 1.00
Officer Director
$0 $0 $132,954
GUELMIE SANTIAGO DIRECTOR 1.00
Director
$0 $0 $0
KEN RESENDES DIRECTOR 1.00
Director
$0 $0 $0
ROSELIA GOMEZ DIRECTOR 1.00
Director
$0 $0 $0
REV RUSSELL CHAMBERLAIN DIRECTOR 1.00
Director
$0 $0 $0
MAUREEN CURRAN DIRECTOR 1.00
Director
$0 $0 $0
CHERI SANTOS DIRECTOR 1.00
Director
$0 $0 $0
NANCY FEENEY TREASURER 1.00
Officer Director
$0 $0 $0
CHERYL CABRAL PRESIDENT 1.00
Officer Director
$0 $0 $0
MONICA FURTADO CLERK 1.00
Officer Director
$0 $0 $0
ESPERANZA ALEJANDRO-BERUBE VICE PRESIDENT 1.00
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
2025 $65,103 $121,209 $2,948,339 $-56,106
2024 $60,436 $171,362 $3,014,587 $-110,926
2024 $60,436 $171,362 $3,014,586 $-110,926
2023 $406,072 $247,715 $2,598,379 $158,357
2023 $169,132 $247,715 $2,615,269 $-78,583
2022 $461,753 $44,806 $1,103,782 $416,947
2021 $42,518 $63,502 $958,072 $-20,984
2020 $39,457 $63,376 $638,190 $-23,919
2019 $43,105 $40,792 $648,877 $2,313
2018 $38,618 $32,341 $624,648 $6,277
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