philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Champ Homes INC

Tax-deductible

Hyannis, MA501(c)(3)Housing EIN 04-3006010Revenue $700K in FY2024

On file with the IRSchamphomes.org82 School St, 02601-3118 · Hyannis, MATax-exempt since Mar 1989Publicly supported charity — 170(b)(1)(A)(vi)

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

To provide our neighbors on cape cod and the islands with an affordable, supportive home where each person may move towards his or her full potential.

501(c)(3) charity; gifts are tax-deductible.
59¢ of each $1 spent went to programs.
Run by 140 volunteers and 1 employee.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $60K a year · 9% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
59%
of spending
Worth a look: 59% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Cash reserves
9 mo
of spending, in cash
Looks good: 8.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $32K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$50K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$700K
+4% vs prior year
Spent
$762K
To programs
59%
Net assets
$1.8M
By yearFY2020–FY2024
Revenue
$700K
FY2024▲ +4%
Tap a bar for its year
Revenue by fiscal year
FY2020$621K
FY2021$741K
FY2022$658K
FY2023$672K
FY2024$700K
Expenses
$762K
FY2024▲ +3%
Tap a bar for its year
Expenses by fiscal year
FY2020$712K
FY2021$745K
FY2022$734K
FY2023$742K
FY2024$762K
Net assets
$1.8M
FY2024▼ -3%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.0M
FY2021$2.0M
FY2022$1.9M
FY2023$1.8M
FY2024$1.8M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1989.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

59 cents of each dollar spent went to programs.

Program services 59% · $447K Management & general 32% · $241K Fundraising 10% · $74K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

11 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Sarah Colvin
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Carey Dobson
Director
$0Pt VII · Sec A
See Champ Homes INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers affordable, supportive homes for Cape Cod and Islands residents to reach their full potential.

Questions for Champ Homes INC

Tap to ask. Champ Homes INC sees how many people are interested.

Your first name shows with your question. Champ Homes INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $447K · in their own filed words · FY2024
01

"champ homes, inc. (chi) continues to be a leader in the cape cod community by housing those who fall through the gaps in other housing programs. Our residents come from a variety of backgrounds with a common characteristic of their life being, they were either homeless or near homelessness when they arrived at chi.

$447Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Cape Cod Foundation INCFY2025$31K
Holbrook R & Sarah M Davis FoundationFY2025$1K
Total grants receivedfrom 2 funders$32K

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$700K
Ln 12
Gifts and grantsLn 1h$339K
Fees for servicesLn 2g$271K
Other incomeLn 4–11$74K
Money outPt IX
$762K
Ln 25
Programscol B$447K
Managementcol C$241K
Fundraisingcol D$74K
Owns and owesPt X
$1.8M
net assets · Ln 32
Cash and savingsLn 1–2$553K
Total assetsLn 16$1.8M
LiabilitiesLn 26$50K
PeoplePt VI, VII
11
listed · VII A
PaidVII A0
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$339K
Government grantsLn 1e$189K
Noncash giftsLn 1g$3K
Fees for servicesLn 2g$271K
Investment incomeLn 3$16K
Other incomeLn 4–11$74K
Total revenueLn 12$700K
Assets in detailPt X, end of year
CashLn 1$82K
SavingsLn 2$471K
Cash and savings togetherLn 1–2$553K
InvestmentsLn 11–13$19K
Land, buildings, equipmentLn 10c$1.2M
Other assetsLn 15$4K
Total assetsLn 16$1.8M
LiabilitiesLn 26$50K
Net assetsLn 32$1.8M
OperationsPt I, VI
EmployeesI 51
VolunteersI 6140
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$590K$553K
InvestmentsLn 11–13$17K$19K
Land, buildings, equipmentLn 10c$1.2M$1.2M
Total assetsLn 16$1.8M$1.8M
LiabilitiesLn 26$28K$50K
Net assetsLn 32$1.8M$1.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$228K$189K$23K$16K
Other employee benefitsLn 9$11K$9K$1K$770
Payroll taxesLn 10$20K$16K$2K$1K
Other fees for servicesLn 11g$197K$32K$127K$39K
Office expensesLn 13$12K$4K$9K
Information technologyLn 14$11K$11K
OccupancyLn 16$59K$47K$6K$6K
Depreciation, depletion and amortizationLn 22$57K$51K$6K
InsuranceLn 23$46K$46K
Other expenses (24a–d)Ln 24$112K$102K$10K
All other expensesLn 24e$8K$6K$3K
Total functional expensesLn 25$762K$447K$241K$74K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $700K$762K−$62K$1.8M 990 PDF
FY2023 $672K$742K−$70K$1.8M 990 PDF
FY2022 $658K$734K−$76K$1.9M 990 PDF
FY2021 $741K$745K−$4K$2.0M 990 PDF
FY2020 $621K$712K−$91K$2.0M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $700,326 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $338,008$339,278
I-9 Program service revenuePrior year $312,880$270,990
I-10 Investment incomePrior year $20,308$16,427
I-11 Other revenuePrior year $535$73,631
I-12 Total revenuePrior year $671,731$700,326
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $272,687$258,780
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $468,860$503,436
I-18 Total expensesPrior year $741,547$762,216
I-19 Revenue less expensesPrior year −$69,816−$61,890
Part VI · Governance 11 of 11 board members independent, no flags
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $700,326 across 9 lines filed
Lines not itemized here account for $124 of total revenue; see the IRS return.
VIII-1e Government grants$189,364
VIII-1f All other contributions, gifts and grants$149,914
VIII-1g Noncash contributions (included above)$2,990
VIII-1h Total contributions, gifts and grants$339,278
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $270,990$270,990
VIII-3 Investment incomeExcluded from tax $16,427$16,427
VIII-8 Net income from fundraising events$34,818
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $38,689$38,689
VIII-12 Total revenueRelated to mission $309,803 · Excluded from tax $16,427$700,326
Part IX · Statement of functional expenses $762,216 across 11 lines filed
IX-7 Other salaries and wagesPrograms $189,418 · Management $22,821 · Fundraising $15,975$228,214
IX-9 Other employee benefitsPrograms $9,120 · Management $1,099 · Fundraising $770$10,989
IX-10 Payroll taxesPrograms $16,249 · Management $1,958 · Fundraising $1,370$19,577
IX-11g Other fees for servicesPrograms $31,647 · Management $126,589 · Fundraising $39,000$197,236
IX-13 Office expensesManagement $3,584 · Fundraising $8,791$12,375
IX-14 Information technologyManagement $11,442$11,442
IX-16 OccupancyPrograms $46,826 · Management $5,853 · Fundraising $5,853$58,532
IX-22 Depreciation, depletion and amortizationPrograms $51,308 · Management $5,701$57,009
IX-23 InsuranceManagement $46,193$46,193
IX-24 Other expenses (24a–d)Programs $102,132 · Management $10,250$112,382
IX-24e All other expensesManagement $5,738 · Fundraising $2,529$8,267
IX-25 Total functional expensesPrograms $446,700 · Management $241,228 · Fundraising $74,288$762,216
Part X · Balance sheet $1,803,099 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $62,080$82,131
X-2 Savings and temporary cash investmentsStart of year $528,378$470,689
X-4 Accounts receivableStart of year $46,466$28,489
X-9 Prepaid expenses and deferred chargesStart of year $10,619$15,490
X-10c Land, buildings and equipment, netStart of year $1,176,441$1,183,361
X-11 Publicly traded securitiesStart of year $16,694$19,383
X-15 Other assetsStart of year $3,433$3,556
X-16 Total assetsStart of year $1,844,111$1,803,099
X-17 Accounts payable and accrued expensesStart of year $28,320$49,638
X-26 Total liabilitiesStart of year $28,320$49,638
X-27 Net assets without donor restrictionsStart of year $1,812,358$1,734,905
X-28 Net assets with donor restrictionsStart of year $3,433$18,556
X-32 Total net assets or fund balancesStart of year $1,815,791$1,753,461
X-33 Total liabilities and net assetsStart of year $1,844,111$1,803,099
Part XI · Reconciliation of net assets $1,753,461 net assets at year end
XI-1 Total revenue$700,326
XI-2 Total expenses$762,216
XI-3 Revenue less expenses−$61,890
XI-4 Net assets at start of year$1,815,791
XI-5 Net unrealized gains (losses) on investments−$440
XI-10 Net assets at end of year$1,753,461

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.