CHC REALTY INC

EIN: 274296337 501(c)(3) Philanthropy & Grantmaking

MIDDLETOWN, CT

Total Revenue
$530,879
Total Expenses
$732,649
Total Assets
$13,158,437
Net Assets
$9,224,228
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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
2010
Legal Domicile
CT
Principal Officer
MARK MASSELLI
Phone
8603476971
Tax Period
2024-07-01 to 2025-06-30

CHC REALTY INC, founded in 2010, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $531K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $733K exceeded revenue, resulting in a 38% operating deficit.

Mission

ORGANIZED AND OPERATED FOR THE EXCLUSIVE BENEFIT OF COMMUNITY HEALTH CENTER, INC (CHC). (SEE SCH O)CHC'S CHARITABLE PURPOSES ARE TO PROVIDE AFFORDABLE COMPREHENSIVE HEALTH AND SOCIAL SERVICES PARTICULARLY TO PERSONS FINANCIALLY UNABLE TO OBTAIN SUCH SERVICES, TO PROMOTE PUBLIC HEALTH INFORMATION AND EDUCATION, TO INFORM THE COMMUNITY AT LARGE OF THE HEALTH PROBLEMS IN DISADVANTAGED SEGMENTS OF THE COMMUNITY AND TO ENCOURAGE COMMUNITY SUPPORT TO SOLVE THOSE PROBLEMS, AND TO RECEIVE, ADMINISTER AND DISTRIBUTE FUNDS IN CONNECTION WITH ANY ACTIVITIES RELATED TO THE ABOVE PURPOSES.

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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 $530,879
Investment Income $0
Other Revenue $0
TOTAL REVENUE $530,879

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $721,231
Other Expenses $732,649
TOTAL EXPENSES $732,649

Year-over-Year Comparison

2024 2023 Change
Revenue $530,879 $437,573 +0.2%
Expenses $732,649 $768,383 0.0%
Net Income $-201,770 $-330,810 -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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
2
Employees
N/A
Volunteers
2

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
$1,818,109
Total Directors
6
$1,818,109
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK MASSELLI PRESIDENT/CEO 2.00
Officer Director
$0 $62,065 $944,454
MARGARET FLINTER VICE PRESIDENT 2.00
Officer Director
$0 $51,066 $522,240
GARY REID SECRETARY 0.50
Officer Director
$0 $0 $0
THOMAS FORD SECRETARY - UNTIL 09/2024 0.50
Officer Director
$0 $0 $0
JASON PNIEWSKI TREASURER 2.00
Officer Director
$0 $45,711 $351,415
MARK BONNEY DIRECTOR 0.50
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 $530,879 $732,649 $13,158,437 $-201,770
2024 No data No data No data No data
2023 $437,454 $778,433 $14,363,482 $-340,979
2022 $437,471 $864,250 $14,674,858 $-426,779
2021 $437,477 $865,824 $15,233,318 $-428,347
2020 $436,574 $854,715 $16,183,366 $-418,141
2019 $437,463 $980,792 $16,406,596 $-543,329
2018 $2,292,656 $901,353 $17,090,954 $1,391,303
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