Capc Supportive Needs Housing INC FY2024 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.
99¢ 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
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
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
6 mo
of spending, in cash
Looks good: 6.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$6.6M
97% of total assets
Concern: liabilities are 97% of assets; over 80%.
Pt X · Ln 26
Independent board members
0
of 4 voting members
Concern: none of 4 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$422K
+120% vs prior year
Spent
$216K
To programs
99%
Net assets
$222K
By yearFY2020–FY2024
Revenue
$422K
FY2024▲ +120%
Revenue by fiscal year
FY2020$430K
FY2021−$19K
FY2022$234K
FY2023$191K
FY2024$422K
FY2024$437K
Expenses
$216K
FY2024▲ +1%
Expenses by fiscal year
FY2020$142K
FY2021$209K
FY2022$236K
FY2023$214K
FY2024$216K
FY2024$214K
Net assets
$222K
FY2024▲ ×14
Net assets by fiscal year
FY2020$267K
FY2021$40K
FY2022$38K
FY2023$16K
FY2024$222K
FY2024$444K

From the FY2024 Form 990 (year ending September 2024) · see the original

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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 CCapc Supportive Needs Housing INC
EINHdr · item D83-3788423
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFSep 2019
Year of formationHdr · item L2019
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CNew Brunswick, NJ
NTEE classificationIRS BMFHousing (L21)

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 $0.99 Management & general $0.01
Program services99%$214K
Management & general1%$2K
Total functional expensesLn 25$216K

Financial health

Is it on solid ground?

Program efficiency
99%
of spending reaches programs
Operating runway
6.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+49%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$6.8M
FY2024▼ -8%
Total assets by fiscal year
FY2020$7.6M
FY2021$7.4M
FY2022$7.6M
FY2023$7.4M
FY2024$6.8M
FY2024$6.9M
Total liabilities
$6.6M
FY2024▼ -11%
Total liabilities by fiscal year
FY2020$7.3M
FY2021$7.4M
FY2022$7.6M
FY2023$7.4M
FY2024$6.6M
FY2024$6.5M
Revenue less expensesPt I · Ln 19$206K
Total assetsPt X · Ln 16$6.8M
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 4pending

Balance Sheet

Part X · end of year
CashLn 1$107K
Total assetsLn 16$6.8M
Total liabilitiesLn 26$6.6M
Total net assetsLn 32$222K
Months of cash on handcomputed6.0

Statement of Revenue

Part VIII
Contributions & grants$226K · 54%
Program service revenue$229K · 54%
Contributions & grants54%$226K
Program service revenue54%$229K
— government grantsLn 1e$226K
Total revenueLn 12$422K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $107K · Operating expenses/yr $216K
6.0 months
Where the money goes
Program services
Program services $214K · Total expenses $216K
99%
Management & General
Management & general $2K · Total expenses $216K
1.0%
Fundraising
Fundraising $0 · Total expenses $216K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $2K · Solicited contributions (3-yr avg) $9K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $226K · Total revenue $422K
54%
Government reliance
Government grants $226K · Total revenue $422K
54%
Earned-income share
Program service revenue $229K · Total revenue $422K
54%
Investment reliance
Investment income $0 · Total revenue $422K
0%
Program self-sufficiency
Program service revenue $229K · Total expenses $216K
106%
Growth & trend
Revenue growth (YoY)
This year $422K · Prior year $191K
+120%
Revenue CAGR
FY2019 $430K · FY2023 $422K
-0.5%
Net-asset trend (YoY)
End of year $222K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $422K · Expenses $216K
+49%
Liabilities-to-Assets
Total liabilities — · Total assets $6.8M
—
Net-asset ratio
Net assets $222K · Total assets $6.8M
3%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $6.8M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Bernel Hall · Reported title PRESIDENT AND CEO · Highest reported compensation $0 · Total expenses $216K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $216K
—
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 99%——
Overhead ratio 1.0%——
Fundraising cost ratio 0%——
Revenue growth 120%——
Legal fee ratio 2%——
Accounting fee ratio 8%——

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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
President and CEO
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Board Vice Chair
$0Pt VII · Sec A
Board Treasurer
$0Pt VII · Sec A
See Capc Supportive Needs Housing INC executive salaries →

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Governance & Policies

Part VI
  • 4Voting board membersPt VI · Ln 1a
  • –Independent 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 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

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

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Mission & Programs · Part III

Where the work happens

1 program service account for $214K of program spending, described in the organization's own filed words · FY2023.
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.

$214Kprogram expense

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Funders

Who pays for it.

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

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Viewing $422K$216K+120% 990 PDF
FY2023 $191K$214K-18% 990 PDF
FY2022 $234K$236K×14 990 PDF
FY2021 −$19K$209K-104% 990 PDF
FY2020 $430K$142K 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 IX · Statement of functional expenses $215,874 across 6 lines filed
IX-11a Management feesPrograms $32,893 · Management $332$33,225
IX-11b Legal feesPrograms $4,861$4,861
IX-11c Accounting feesPrograms $17,391 · Management $176$17,567
IX-11g Other fees for servicesPrograms $5,828$5,828
IX-13 Office expensesPrograms $1,656 · Management $17$1,673
IX-22 Depreciation, depletion and amortizationPrograms $151,193 · Management $1,527$152,720
IX-25 Total functional expensesPrograms $213,822 · Management $2,052 · Fundraising $0$215,874

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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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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