DHMSC REALTY INC

EIN: 455435131 Community Improvement

DORCHESTER, MA

Total Revenue
$459,732
Total Expenses
$378,998
Total Assets
$15,920,225
Net Assets
$15,913,975
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
MA
Principal Officer
MICHELLE NADOW
Phone
6177402249
Tax Period
2018-10-01 to 2019-09-30

DHMSC REALTY INC, founded in 2012, is a small nonprofit in the Community Improvement sector that reported $460K in total revenue in fiscal year 2018. Revenue fell 95% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $81K, a strong 18% operating margin.

Mission

DHMSC REALTY, INC. (THE CORPORATION) IS ORGANIZED AND SHALL BE OPERATED FOR THE EXLUSIVE PURPOSE OF HOLDING TITLE TO PROPERTY, COLLECTING INCOME THEREFROM, AND TURNING OVER THE ENTIRE AMOUNT THEREOF, LESS EXPENSES, TO DOTHOUSE HEALTH, INC. (DHH), ALL WITHIN THE MEANING OF SECTION 501(C)(2) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE CODE), OR ANY SUCCESSOR PROVISION, SO LONG AS DHH IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(A) OF THE CODE. THE PURPOSES OF THE CORPORATION SHALL INCLUDE THE FOLLOWING: TO HOLD TITLE TO AND MANAGE REAL AND PERSONAL PROPERTY OF THE CORPORATION FOR THE BENEFIT OF DHH. TO PROVIDE A BUILDING OR BUILDINGS FOR THE CHARITABLE PURPOSE OF THE DHH. TO DISTRIBUTE TO DHH ALL NET INCOME IN EXCESS OF AMOUNTS NECESSARY TO PAY ANNUAL EXPENSES OF OPERATION, MAINTENANCE, REPAIRS, TAXES, INSURANCE AND OTHER CURRENT EXPENSES, AND TO PAY INDEBTEDNESS ON PROPERTY TO WHICH THE CORPORATION HOLDS TITLE.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $459,732
Investment Income $0
Other Revenue $0
TOTAL REVENUE $459,732

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $378,998
Other Expenses $378,998
TOTAL EXPENSES $378,998

Year-over-Year Comparison

2018 2017 Change
Revenue $459,732 $9,732,785 -1.0%
Expenses $378,998 $524,690 -0.3%
Net Income $80,734 $9,208,095 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
3
Independent Members
1
Employees
N/A
Volunteers
1

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
$663,235
Total Directors
3
$407,959
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MEGAN SONDEREGGER BOARD CHAIR OF DHH 1.00
Director
$0 $0 $0
MICHELLE NADOW PRESIDENT & CEO 1.00
Officer Director
$0 $19,443 $246,483
JOHN COONEY CFO 1.00
Officer Director
$0 $19,358 $161,476
DR HUY NGUYEN CMO 1.00
Officer
$0 $19,322 $255,276
DR NSA HENSHAW PHYSICIAN 1.00
Highest
$0 $419 $243,885
DR CAROLINE PAHK PHYSICIAN 1.00
Highest
$0 $19,253 $234,245
DR DANA RUBIN PEDIATRICIAN 1.00
Highest
$0 $1,103 $201,847
DR JULIE CROSSON PHYSICIAN 1.00
Highest
$0 $19,520 $214,708
DR IVY BRACKUP PHYSICIAN 1.00
Highest
$0 $6,977 $202,055
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
2019 $459,732 $378,998 $15,920,225 $80,734
2018 $9,732,785 $524,690 $15,839,491 $9,208,095
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