Capc Supportive Needs Housing INC FY2022 filing

Tax-deductible

New Brunswick, NJ501(c)(3)Since 2019HousingEIN 83-3788423

Capc supportive needs housing, INC. Provides quality, affordable, and supportive housing in union county, new jersey to low and moderate income persons and families.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · 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
2 of 5
filings with a surplus
Average surplus $48K a year · 19% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Liabilities
$7.6M
99% of total assets
Concern: liabilities are 99% of assets; over 80%.
Pt X · Ln 26
Independent board members
0
of 3 voting members
Concern: none of 3 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$234K
×14 vs prior year
Spent
$236K
To programs
92%
Net assets
$38K
By yearFY2020–FY2024
Revenue
$234K
FY2022▲ ×14
Revenue by fiscal year
FY2020$430K
FY2021−$19K
FY2022$234K
FY2023$191K
FY2024$422K
FY2024$437K
Expenses
$236K
FY2022▲ +13%
Expenses by fiscal year
FY2020$142K
FY2021$209K
FY2022$236K
FY2023$214K
FY2024$216K
FY2024$214K
Net assets
$38K
FY2022▼ -5%
Net assets by fiscal year
FY2020$267K
FY2021$40K
FY2022$38K
FY2023$16K
FY2024$222K
FY2024$444K

From the FY2022 Form 990 (year ending September 2022) · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2019.

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

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $217K Management & general 6% · $13K Fundraising 3% · $7K

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

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Board Vice Chair
$0Pt VII · Sec A
Board Chair (until 11/21)
$0Pt VII · Sec A
Board Treasurer
$0Pt VII · Sec A
President and CEO (as of 10/2021)
$0Pt VII · Sec A
CFO and Interim Pres. (7/21-10/21)
$0Pt VII · Sec A
See Capc Supportive Needs Housing INC executive salaries →

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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 15aNo

Programs and updates

Provides affordable, supportive housing in Union County, New Jersey, for low-income individuals and families, offering long-term stability in partnership with local service agencies.

Provided by the organization

This section is blank until Capc Supportive Needs Housing INC claims this page.

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1 program service account for $217K of program spending, described in the organization's own filed words · FY2021.
01

Capc supportive needs housing, inc. Provides quality, affordable, and supportive housing in union county, new jersey to low and moderate income persons and families. In partnership with a local supportive service agency, capc supportive needs housing, inc.

$217Kprogram expense

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Funders

Who pays for it.

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

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$234K
Ln 12
Fees for servicesLn 2g$223K
Gifts and grantsLn 1h$28K
Money outPt IX
$236K
Ln 25
Programscol B$217K
Managementcol C$13K
Fundraisingcol D$7K
Owns and owesPt X
$38K
net assets · Ln 32
Total assetsLn 16$7.6M
LiabilitiesLn 26$7.6M
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$28K
Fees for servicesLn 2g$223K
Total revenueLn 12$234K
Assets in detailPt X, end of year
Land, buildings, equipmentLn 10c$7.3M
Other assetsLn 15$302K
Total assetsLn 16$7.6M
LiabilitiesLn 26$7.6M
Net assetsLn 32$38K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderSeptember
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 FY22End FY22
Land, buildings, equipmentLn 10c$7.3M$7.3M
Total assetsLn 16$7.4M$7.6M
LiabilitiesLn 26$7.4M$7.6M
Net assetsLn 32$40K$38K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$31K$28K$2K$919
Accounting feesLn 11c$24K$22K$1K$730
Other fees for servicesLn 11g$15K$15K
Office expensesLn 13$2K$2K$100$50
Information technologyLn 14$4K$4K
Depreciation, depletion and amortizationLn 22$160K$146K$10K$5K
Total functional expensesLn 25$236K$217K$13K$7K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $422K$216K$206K$222K 990 PDF
FY2023 $191K$214K−$22K$16K 990 PDF
FY2022 Viewing $234K$236K−$2K$38K 990 PDF
FY2021 −$19K$209K−$227K$40K 990 PDF
FY2020 $430K$142K$288K$267K 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
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $234,478 across 5 lines filed
VIII-1f All other contributions, gifts and grants$27,919
VIII-1h Total contributions, gifts and grants$27,919
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $223,405$223,405
VIII-6 Net rental income or lossRelated to mission −$16,846−$16,846
VIII-12 Total revenueRelated to mission $206,559 · Unrelated business $0 · Excluded from tax $0$234,478
Part IX · Statement of functional expenses $236,352 across 6 lines filed
IX-11a Management feesPrograms $27,863 · Management $1,837 · Fundraising $919$30,619
IX-11c Accounting feesPrograms $22,131 · Management $1,459 · Fundraising $730$24,320
IX-11g Other fees for servicesPrograms $15,226$15,226
IX-13 Office expensesPrograms $1,513 · Management $100 · Fundraising $50$1,663
IX-14 Information technologyPrograms $4,428$4,428
IX-22 Depreciation, depletion and amortizationPrograms $145,687 · Management $9,606 · Fundraising $4,803$160,096
IX-25 Total functional expensesPrograms $216,848 · Management $13,002 · Fundraising $6,502$236,352
Part X · Balance sheet $7,622,299 assets, 10 lines filed
X-10c Land, buildings and equipment, netStart of year $7,328,469$7,320,682
X-15 Other assetsStart of year $110,736$301,617
X-16 Total assetsStart of year $7,439,205$7,622,299
X-17 Accounts payable and accrued expensesStart of year $28,285$75,589
X-24 Unsecured notes and loans payableStart of year $6,204,845$6,082,808
X-25 Other liabilitiesStart of year $1,166,059$1,425,760
X-26 Total liabilitiesStart of year $7,399,189$7,584,157
X-27 Net assets without donor restrictionsStart of year $40,016$38,142
X-32 Total net assets or fund balancesStart of year $40,016$38,142
X-33 Total liabilities and net assetsStart of year $7,439,205$7,622,299
Part XI · Reconciliation of net assets $38,142 net assets at year end
XI-1 Total revenue$234,478
XI-2 Total expenses$236,352
XI-3 Revenue less expenses−$1,874
XI-4 Net assets at start of year$40,016
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$38,142

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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