Construct INC EIN 23-7099108

Construct INC FY2022 filing

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Builds and manages affordable housing and related services for homeless individuals. For fiscal year 2022 it reported $1.0M in revenue, $769K in expenses, and $3.4M in net assets.Pt I

Type
Public charity (501(c)(3)) · Housing
Location
Great Barrington, MA
Website
www.constructinc.org
Filings
6 on file (2020–2022)
Revenue
$1.0MFY2022
Expenses
$769K
Net assets
$3.4M
People
22
Filings
6
Updates
0
More identity details & actions ⌄
EIN  23-7099108 Public charity (501(c)(3)) Great Barrington, MA
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
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Figures match the IRS filing checked 9/2/26 · see original: IRS
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Size
$1–10M
What they do
Builds and manages affordable housing and related services for homeless individuals.
Leadership
Jane Ralph · Executive Director · $82K
Money in and out
$1.0M revenue, $769K expenses
Bottom line
74% program efficiency
Where the money goes · FY2022
Total revenue
$1.0M
Pt VIII · Ln 12
Total expenses
$769K
Pt IX · Ln 25
Net assets
$3.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $248K
Where spending went · Part IX cols B–D
Program services $0.74 Management & general $0.17 Fundraising $0.10
Program efficiency
74%
of spending reaches programs
Operating runway
12.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+24%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$1.0M
FY2022+0.07%
Expenses
$769K
FY2022▼ -7%
Total assets
$4.0M
FY2022▲ +7%
Total liabilities
$587K
FY2022▲ +5%
Total revenue
$1.0M
Pt VIII · Ln 12
Total expenses
$769K
Pt IX · Ln 25
Net assets
$3.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$248K
Total assetsPt X · Ln 16$4.0M
Program-expense ratioPt IX · col B74%
Voting members of governing bodyPt I · Ln 321
Independent voting membersPt I · Ln 421
Mission & Programs · Part III

Where the work happens

1 program service account for $567K of program spending, described in the organization's own filed words · FY2021.
01

Project home collaborative to stabilize families and individuals financially and in housing includes: crisis intervention- housing counseling, financial coaching, emergency financial assistance(food, rent, heating fuel, utility shut off, car repairs), emergency shelter in MOTELS.TRANSITIONAL housing services- adult education, employment…

$567Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CConstruct INC
EINHdr · item D23-7099108
Principal addressHdr · item CGreat Barrington, MA
WebsiteHdr · item Jwww.constructinc.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L410)
Ruling yearIRS BMFJan 1971

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a21
Independent voting membersPt VI · Ln 1b21
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Executive Director
$81,738Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Jane Ralph’s $98K as Executive Director is at the 33rd percentile of top reported officer pay among 2025 $1–10M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Jane Ralph$98,499$92,557$84,007$81,738$77,979$75,119

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$904K · 89%
Program service revenue$81K · 8%
Investment income$21K · 2%
Other revenue$11K · 1%
Contributions & grants89%$904K
Program service revenue8%$81K
Investment income2%$21K
Other revenue1%$11K
— government grantsLn 1e$79K
Total revenueLn 12$1.0M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.74 Management & general $0.17 Fundraising $0.10
Program services74%$567K
Management & general17%$127K
Fundraising10%$76K
Total functional expensesLn 25$769K

Balance Sheet

Part X · end of year
CashLn 1$590K
Total assetsLn 16$4.0M
Total liabilitiesLn 26$587K
Total net assetsLn 32$3.4M
Months of cash on handcomputed9.2

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $800K · Operating expenses (Pt IX) $769K · Less non-cash grants $13K · Cash operating expenses/yr $756K
12.7 months
Where the money goes
Program services
Program services $567K · Total expenses $769K
74%
Management & General
Management & general $127K · Total expenses $769K
17%
Fundraising
Fundraising $76K · Total expenses $769K
10%
Cost to raise $1
Fundraising expense (3-yr avg) $96K · Solicited contributions (3-yr avg) $766K
$0.12 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $904K · Total revenue $1.0M
89%
Government reliance
Government grants $79K · Total revenue $1.0M
8%
Earned-income share
Program service revenue $81K · Total revenue $1.0M
8%
Investment reliance
Investment income $21K · Total revenue $1.0M
+2%
Program self-sufficiency
Program service revenue $81K · Total expenses $769K
10%
Growth & trend
Revenue growth (YoY)
This year $1.0M · Prior year $1.0M
+0.07%
Net-asset trend (YoY)
End of year $3.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.0M · Expenses $769K
+24%
Liabilities-to-Assets
Total liabilities — · Total assets $4.0M
Net-asset ratio
Net assets $3.4M · Total assets $4.0M
85%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $210K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $4.0M
5%
People & payroll
Highest Reported Total Compensation
Individual Jane Ralph · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $82K · Total expenses $769K
11%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $438K · Total expenses $769K
57%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 74%
Overhead ratio 17%
Fundraising cost ratio 8%
Revenue growth 0.07%
Investment management fee ratio 0.04%
Legal fee ratio 0.2%
Accounting fee ratio 1%

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

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 2 funders$30K
Grants paid · 6 grants · $913K · 2019–2024
Unitemized GrantFY2024$110,736
Unitemized GrantFY2023$92,346
Unitemized GrantFY2022$155,397
Unitemized GrantFY2021$167,068
Unitemized GrantFY2020$244,256
Unitemized GrantFY2019$142,837

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$2.4M revenue · ⤓ 990 PDF
FY2024$1.2M revenue · ⤓ 990 PDF
FY2023$2.4M revenue · ⤓ 990 PDF
FY2022$1.0M revenue · viewing · ⤓ 990 PDF
FY2021$1.0M revenue · ⤓ 990 PDF
FY2020$1.0M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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