Rcap Solutions
Rcap Solutions reported $78.8 million in revenue and $78.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $95.35 went to program services, $4.65 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 99.4% of the total. Government grants made up 99.3%. The highest compensation it reported for one person was $273,015 (PRESIDENT/CEO/CLERK). 13 people received more than $100,000 in reportable compensation. Revenue rose 105% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $78MFor context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $79MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 95.4% | 86.7% |
| Management & general Part IX 25(C) ÷ 25(A) | 4.6% | 11.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 99.4% | 29.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 99.3% | 3.8% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.6% | 58.9% |
| Highest reported compensation Part VII-A, columns D–F | $273,015 | $301,601 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.35% | 1.38% |
| People paid over $100,000 Part VII, line 2 | 13 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 0.7 | 6.8 |
| Independent voting board members Part VI 1a–1b | 9 of 9 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseClient resources - the client resources division works with eligible affordable housing, homelessness prevention, and family unification and self-sufficiency services. These services include housing assistance payments for low income tenants, transitional housing and assistance for the homeless or those fleeing domestic violence, landlord tenant mediation, and training and support for property owners and first time homeowners
Community resources - the community resources division works with communities throughout the northeast, puerto rico and the U.S. Virginislands to promote public, environmental, and economic health by providing consulting, planning, financing, build-out oversight,regulatory and compliance oversight, management, and operational support for a wide range of community development and infrastructure projects
Property management - the property management division oversees the support for a wide range of community development and infrastructure projects. Operations of all residential rental properties, as well as development activity, to its properties located in central massachusetts. The company's portfolio currently includes ten affordable housing projects
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT/CEO/CLERK Officer, 40.00 hrs/week | $257,745 | $0 | $15,270 | $273,015 |
| VP OF ADMIN & COO Highest compensated employee, 40.00 hrs/week | $171,793 | $0 | $26,462 | $198,255 |
| VP & CFO Officer, 40.00 hrs/week | $164,306 | $0 | $11,130 | $175,436 |
| DIR COMM & ENVIRON RESOURCES Highest compensated employee, 40.00 hrs/week | $141,434 | $0 | $20,022 | $161,456 |
| DIR COMM & ENVIRON RESOURCES Highest compensated employee, 40.00 hrs/week | $123,605 | $0 | $21,877 | $145,482 |
| VP OF MARKETING & COMMUNCI Highest compensated employee, 40.00 hrs/week | $127,558 | $0 | $8,674 | $136,232 |
| DIRECTOR OF PROPERTY MGMT Highest compensated employee, 40.00 hrs/week | $118,753 | $0 | $15,066 | $133,819 |
13 people received more than $100,000 in reportable compensation from Rcap Solutions (Part VII, line 2). Compensation of current officers, directors and key employees totaled $465K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b9 · 9 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13No
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5165
- Volunteers Part I, line 6110
Private foundation grants it received
1 private foundation reported grants to Rcap Solutions totaling $40 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Rcap Solutions's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Rcap Solutions, you can publish a response that is linked from this page.
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Of every $100 Rcap Solutions spent in FY2025, $95.35 went to programs. The full breakdown, from its IRS Form 990:
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All unclassified charities · Largest charities in Massachusetts
Questions people ask
How much of Rcap Solutions's spending goes to programs?
In the fiscal year ending June 30, 2025, Rcap Solutions reported that 95.4% of its $78.0 million in expenses went to program services, 4.6% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Rcap Solutions pay its top executive?
The largest total compensation Rcap Solutions reported for one person in the fiscal year ending June 30, 2025 was $273,015, for the role of PRESIDENT/CEO/CLERK (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Rcap Solutions get its money?
Of $78.8 million in revenue in the fiscal year ending June 30, 2025, 99.4% came from contributions and grants (including 99.3% from government grants) and 0.6% from program service revenue (Form 990, Part VIII).
Is Rcap Solutions a registered charity?
The IRS lists EIN 04-2454675 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202611309349301116 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531349349308603 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401309349300205 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311029349300201 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241369349300614 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202100979349301570 · read the filing
All filings for EIN 04-2454675: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.