Cec Management Systems INC

Tax-deductible

Pittsfield, MA501(c)(3)Health CareEIN 04-3337130

To acquire, establish, maintain and operate skilled nursing and extended care facilities.

501(c)(3) charity; gifts are tax-deductible.
69¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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
1 of 4
filings with a surplus
Average deficit $65K a year · 587% of revenue · last 4 filings
Concern: a surplus in 1 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
69%
of spending
Fine: 69% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
711 mo
of spending, in cash
Looks good: 711.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$11.9M
258% of total assets
Concern: liabilities are 258% of assets; over 80%.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$21K
+317% vs prior year
Spent
$71K
To programs
69%
Net assets
−$7.3M
By yearFY2020–FY2024
Revenue
$21K
FY2024▲ +317%
Revenue by fiscal year
FY2020$8K
FY2021$11K
FY2022$2K
FY2023$5K
FY2024$21K
Expenses
$71K
FY2024▼ -67%
Expenses by fiscal year
FY2020$12K
FY2021$9K
FY2022Not on file
FY2023$214K
FY2024$71K
Net assets
−$7.3M
FY2024▼ -0.7%
Net assets by fiscal year
FY2020−$7.0M
FY2021−$7.0M
FY2022−$7.0M
FY2023−$7.2M
FY2024−$7.3M

From the FY2024 Form 990 · see the original

Give Claim

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CCec Management Systems INC
EINHdr · item D04-3337130
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFAug 2001
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CPittsfield, MA
NTEE classificationIRS BMFHealth Care (E029)
WebsiteHdr · item Jwww.berkshirehealthcare.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.69 Management & general $0.31
Program services69%$49K
Management & general31%$22K
Total functional expensesLn 25$71K

Finances

Money in and out, what it owns and owes

Net inflow
-239%
revenue over expenses, this year▲ +94% vs prior filing year
Pass-through gifts
0%
of revenue from contributions
Program spending
69%
of expenses reach stated programs▲ ×24 vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$4.6M
FY2024▼ -68%
Total assets by fiscal year
FY2020$6.6M
FY2021$5.9M
FY2022Not on file
FY2023$14.6M
FY2024$4.6M
Total liabilities
$11.9M
FY2024▼ -46%
Total liabilities by fiscal year
FY2020$13.6M
FY2021$12.9M
FY2022Not on file
FY2023$21.8M
FY2024$11.9M
Revenue less expensesPt I · Ln 19−$50K
Total assetsPt X · Ln 16$4.6M
Spent on programsPt IX · col B69%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413

Balance Sheet

Part X · end of year
CashLn 1$4.2M
Total assetsLn 16$4.6M
Total liabilitiesLn 26$11.9M
Total net assetsLn 32−$7.3M
Months of cash on handcomputed711.0

Statement of Revenue

Part VIII
Other revenue$16K · 79%
Investment income$4K · 21%
Other revenue79%$16K
Investment income21%$4K
Total revenueLn 12$21K

Money in detail

Form 990 · FY2024 · each figure shown with the dollars behind it
Cash and giving out
Months of spending covered by cash
Cash and easy-to-sell investments $4.2M · Operating expenses/yr $71K
711.0 months
Where the money goes
Program services
Program services $49K · Total expenses $71K
69%
Management & General
Management & general $22K · Total expenses $71K
31%
Fundraising
Fundraising $0 · Total expenses $71K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $21K
0%
Government reliance
Government grants — · Total revenue $21K
—
Earned-income share
Program service revenue $0 · Total revenue $21K
0%
Investment reliance
Investment income $4K · Total revenue $21K
+21%
Program self-sufficiency
Program service revenue $0 · Total expenses $71K
0%
Growth & trend
Revenue change from last year
This year $21K · Prior year $5K
Prior-year revenue below floor — showing dollar change
Net assets change over the year
End of year −$7.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus or deficit, as % of revenue
Revenue $21K · Expenses $71K
-239%
Debts compared to what it owns
Total liabilities — · Total assets $4.6M
—
Net assets compared to what it owns
Net assets −$7.3M · Total assets $4.6M
-158%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $4.6M
0%
People & payroll
Highest Reported Total Compensation
Individual William C Jones JR · Reported title President & CEO · Highest reported compensation $0 · Total expenses $71K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $44 · Total expenses $71K
0.06%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Spent on programs 69%——
Spent on management, % of spending 31%——
Revenue growth 317%——
Investment manager fees, % of assets 0%——
Legal fees, % of spending 31%——
Accounting fees, % of spending 0%——
Paid fundraiser fees, % of spending 0%——

Straight from the Form 990 — descriptive, not an evaluation. A share is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President & CEO
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Cec Management Systems INC executive salaries →

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Governance & Policies

Part VI
  • 13Voting board membersPt VI · Ln 1a
  • 13Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Operates skilled nursing and extended care facilities for residents.

Provided by the organization

This section is blank until Cec Management Systems INC claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $49K of program spending, described in the organization's own filed words · FY2024.
01

This Corporation was formed exclusively for charitable purposes to acquire, establish, maintain and operate skilled nursing and extended care facilities and render related services to residents who are supported by the Medicaid and Medicare programs as well as by private funds.

$49Kprogram expense

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Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Latest Viewing $21K$71K+317% 990 PDF
FY2023 $5K$214K+119% 990 PDF
FY2022 $2K—-79% 990 PDF
FY2021 $11K$9K+46% 990 PDF
FY2020 $8K$12K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Full filing: Form 990 for FY2024

Every line we hold from the return, cited to its Part and line.
Part VIII · Statement of revenue $20,863 across 8 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-3 Investment incomeExcluded from tax $4,451$4,451
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $16,412$16,412
VIII-12 Total revenueExcluded from tax $20,863$20,863
Part IX · Statement of functional expenses $70,793 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $39 · Management $5$44
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal feesManagement $21,926$21,926
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Programs $48,823$48,823
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $48,862 · Management $21,931 · Fundraising $0$70,793
Part X · Balance sheet $4,611,448 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $14,529,936$4,194,348
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year −$337,251$1,652
X-10c Land, buildings and equipment, netStart of year −$280−$280
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $414,237$415,728
X-16 Total assetsStart of year $14,606,642$4,611,448
X-17 Accounts payable and accrued expensesStart of year $151,296$476,375
X-25 Other liabilitiesStart of year $21,697,107$11,426,764
X-26 Total liabilitiesStart of year $21,848,403$11,903,139
X-32 Total net assets or fund balancesStart of year −$7,241,761−$7,291,691
X-33 Total liabilities and net assetsStart of year $14,606,642$4,611,448
Part XI · Reconciliation of net assets −$7,291,691 net assets at year end
XI-1 Total revenue$20,863
XI-2 Total expenses$70,793
XI-3 Revenue less expenses−$49,930
XI-4 Net assets at start of year−$7,241,761
XI-10 Net assets at end of year−$7,291,691

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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