COMMUNITY ALTERNATIVES MANAGEMENT GROUP INC

EIN: 541498797 501(c)(3) Human Services

NORFOLK, VA

Total Revenue
$2,641,169
Total Expenses
$1,876,816
Total Assets
$5,342,520
Net Assets
$775,873
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
VA
Principal Officer
VINCENT S GALLO
Phone
7574687000
Tax Period
2024-07-01 to 2025-06-30

COMMUNITY ALTERNATIVES MANAGEMENT GROUP INC, founded in 1990, is a community nonprofit in the Human Services sector that reported $2.6M in total revenue in fiscal year 2024. Revenue surged 67% from the prior year, signaling strong growth momentum. The organization ran a surplus of $764K, a strong 29% operating margin.

Mission

TO PROVIDE HOUSING FACILITIES MANAGEMENT AND GENERAL MANAGEMENT SERVICES AND TO PROMOTE HOUSING WITHIN THE COMMUNITY FOR INDIVIDUALS WITH DISABILITIES.

Program Service Accomplishments

Program 1
Expenses: $1,867,005 Revenue: $956,841

COMMUNITY ALTERNATIVES MANAGEMENT GROUP, INC. (CAMG), PROVIDES QUALITY HOUSING FOR PERSONS WHO ARE HOMELESS AND HAVE DISABILITIES. CAMG, INC. CURRENTLY MANAGES APPROXIMATELY 90 HOMES IN THE GREATER...

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COMMUNITY ALTERNATIVES MANAGEMENT GROUP, INC. (CAMG), PROVIDES QUALITY HOUSING FOR PERSONS WHO ARE HOMELESS AND HAVE DISABILITIES. CAMG, INC. CURRENTLY MANAGES APPROXIMATELY 90 HOMES IN THE GREATER TIDEWATER AREA. HOUSING FEES ARE BASED ON HUD RECOMMENDATIONS AND ARE ON A SLIDING SCALE ACCORDING TO INCOME AND MEDICAL EXPENSES. SUPPORTIVE HOUSING SERVICES PROVIDE INDIVIDUALS WITH RESIDENTIAL SUPPORTS WHICH PROMOTE RETENTION OF THEIR OWN HOUSING ARRANGEMENTS. SUPPORT AND TRAINING ARE PROVIDED TO ASSIST IN DEVELOPING A SAFE AND SANITARY LIVING ENVIRONMENT, SOCIAL AND INTERPERSONAL SKILLS AND ACTIVITIES OF DAILY LIVING RELATED TO HOUSEHOLD MANAGEMENT.

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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 $501,763
Program Service Revenue $683,267
Investment Income $1,182,565
Other Revenue $273,574
TOTAL REVENUE $2,641,169

Expense Breakdown

Grants Paid $0
Salaries & Benefits $771,199
Fundraising Expenses $0
Program Expenses $1,867,005
Other Expenses $1,105,617
TOTAL EXPENSES $1,876,816

Year-over-Year Comparison

2024 2023 Change
Revenue $2,641,169 $1,578,186 +0.7%
Expenses $1,876,816 $1,816,143 +0.0%
Net Income $764,353 $-237,957 -4.2%
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
3
Independent Members
3
Employees
N/A
Volunteers
4

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
$246,810
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM DEWES PRESIDENT 2.00
Officer Director
$0 $0 $0
REGINA ARTZ DIRECTOR 2.00
Director
$0 $0 $0
REGINA STOWE DIRECTOR 2.00
Director
$0 $0 $0
GORDON SAFFOLD THROUGH JAN 2025 VICE PRESIDENT/TREASURER 2.00
Officer Director
$0 $0 $0
VINCENT S GALLO CHIEF EXECUTIVE OFFICER 28.00
Officer
$0 $9,354 $246,810
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 $2,641,169 $1,876,816 $5,342,520 $764,353
2024 $1,578,186 $1,816,143 $5,493,392 $-237,957
2023 $1,637,226 $1,835,485 $5,246,686 $-198,259
2022 $1,500,568 $1,554,061 $5,597,422 $-53,493
2021 $1,313,057 $1,544,361 $5,505,725 $-231,304
2020 $1,550,899 $1,691,850 $5,550,361 $-140,951
2019 $1,534,651 $1,330,263 $5,683,817 $204,388
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