Skip to main content

Nonprofit · EIN 04-2454675

RCAP SOLUTIONS INC

Tax-exempt · WORCESTER, MA 01602

Financials

$62.5M$62.8M2022$67.2M$67M2023$78.8M$78M2024
Revenue Expenses · by fiscal year end
Financials of RCAP SOLUTIONS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$78,835,390$78,018,415$816,975$13,158,420$8,803,361$4,355,059
June 30, 2024990$67,244,674$66,993,684$250,990$12,579,550$9,041,466$3,538,084
June 30, 2023990$62,477,099$62,781,544-$304,445$12,177,708$8,890,614$3,287,094
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$78,324,420
of which government grants
$78,316,042
Program service revenue
$452,870
Investment income
$20,482
Other revenue
$37,618

Expenses

Grants and similar amounts paid
$63,738,558
Compensation of officers, directors and key employees
$465,254
Other salaries and wages
$8,099,655
Salaries, compensation and benefits (total)
$10,437,522
Professional fundraising fees
$0
Legal fees
$82,356
Accounting fees
$76,756
Occupancy
$1,142,604
Travel
$379,070
Depreciation
$46,124
Program services (functional)
$74,390,811
Management and general (functional)
$3,627,604

Balance sheet and other

Total assets, start of year
$12,579,550
Total assets, end of year
$13,158,420
Total liabilities, end of year
$8,803,361
Net assets, end of year
$4,355,059
Land, buildings and equipment
$188,841
Net assets without donor restrictions
$4,355,059
Gross receipts
$78,835,390
Employees
165
Volunteers
110
Year formed
1969
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
BRIAN SCALESPRESIDENT/CEO/CLERK
Officer
40$257,745$15,270
EMILY FARRANDVP OF ADMIN & COO
Highest-paid employee
40$171,793$26,462
ALYSSA GLENNONVP & CFO
Officer
40$164,306$11,130
JENNIFER DAYDIR COMM & ENVIRON RESOURCES
Highest-paid employee
40$141,434$20,022
MARK A JOHNSONDIR COMM & ENVIRON RESOURCES
Highest-paid employee
40$123,605$21,877
MAEGEN MCCAFFREYVP OF MARKETING & COMMUNCI
Highest-paid employee
40$127,558$8,674
LINDA A KIRWANDIRECTOR OF PROPERTY MGMT
Highest-paid employee
40$118,753$15,066
CARL H ALLEN JRDIRECTOR
Trustee or director
5$0$0
HENRY NOEL JRDIRECTOR
Trustee or director
5$0$0
JEFFREY FOXDIRECTOR
Trustee or director
5$0$0
JOANN MARSILIDIRECTOR
Trustee or director
5$0$0
JULIE CAROLLDIRECTOR
Trustee or director
5$0$0
KEN REIDTREASURER
Trustee or director, Officer
5$0$0
LAURA MCGEEIMMEDIATE PAST CHAIR
Trustee or director, Officer
5$0$0
SUSAN BACHMANVICE CHAIR
Trustee or director, Officer
5$0$0
2 more people on this return
NameTitleHours / weekCompensation
TIM GRINHAMOUTGOING DIRECTOR
Trustee or director
5$0
TRACEY WEEDENCHAIR
Trustee or director, Officer
5$0
990 for the year ended June 30, 2024: 15 people
NameTitleHours / weekCompensationOther / benefits
BRIAN SCALESPRESIDENT/CEO/CLERK
Officer
40$225,945$14,570
EMILY FARRANDVP OF ADMIN & COO
Highest-paid employee
40$169,230$23,186
ALYSSA GLENNONVP & CFO
Officer
40$155,572$10,652
JENNIFER DAYDIR COMM & ENVIRON RESOURC
Highest-paid employee
40$135,435$8,957
JOSHUA BEDARIANCHIEF HOUSING & COMPLIANCE
Highest-paid employee
40$110,264$19,485
MAEGEN MCCAFFREYVP OF MARKETING & COMMUNCI
Highest-paid employee
40$120,370$8,310
ARACELIS NIEVESDEPUTY DIRECTOR
Highest-paid employee
40$108,921$4,045
CARL H ALLEN JRDIRECTOR
Trustee or director
5$0$0
HENRY NOEL JRDIRECTOR
Trustee or director
5$0$0
JULIE CAROLLDIRECTOR
Trustee or director
5$0$0
KEN REIDTREASURER
Trustee or director, Officer
5$0$0
LAURA MCGEECHAIR
Trustee or director, Officer
5$0$0
SUSAN BACHMANDIRECTOR
Trustee or director
5$0$0
TIM GRINHAMDIRECTOR
Trustee or director
5$0$0
TRACEY WEEDENVICE CHAIR
Trustee or director, Officer
5$0$0
990 for the year ended June 30, 2023: 16 people
NameTitleHours / weekCompensationOther / benefits
BRIAN SCALESPRESIDENT/CEO/CLERK
Trustee or director, Officer
40$199,051$12,907
KAREN A KOLLERPAST PRESIDENT/CEO/CLERK
Former
0$198,114$10,426
EMILY FARRANDVP OF ADMIN & COO
Highest-paid employee
40$146,775$23,034
ALYSSA GLENNONVP & CHIEF FINANCIAL OFFIC
Officer
40$148,967$9,813
LINDA KIRWANCHIEF ELDERLY SERVICES OFFICER
Highest-paid employee
40$105,115$20,377
JENNIFER DAYDIR COMM & ENVIRON RESOURC
Highest-paid employee
40$120,012$4,388
MAEGEN MCCAFFREYVP OF MARKETING & COMMUNCIATIONS
Highest-paid employee
40$116,123$7,942
JOSHUA BEDARIANCHIEF HOUSING & COMPLIANCE OFFICER
Highest-paid employee
40$102,808$19,272
LAURA MCGEECHAIR
Trustee or director, Officer
5$0$0
KEN REIDTREASURER
Trustee or director, Officer
5$0$0
TRACEY WEEDENVICE CHAIR
Trustee or director, Officer
5$0$0
CARL H ALLEN JRDIRECTOR
Trustee or director
5$0$0
SUSAN BACHMANDIRECTOR
Trustee or director
5$0$0
JULIE CAROLLDIRECTOR
Trustee or director
5$0$0
TIM GRINHAMDIRECTOR
Trustee or director
5$0$0
HENRY NOEL JRDIRECTOR
Trustee or director
5$0$0

Address and contacts

Address (IRS master file)
191 MAY ST, WORCESTER, MA 01602-4353
Principal officer (990 for 2024)
BRIAN SCALES, 191 MAY STREET, WORCESTER, MA 01602
Signed the 990
BRIAN SCALES, PRESIDENT AND CEO
Phone
(800) 488-1969
Return prepared by
COHNREZNICK ADVISORY LLC

Mission

RENTAL ASSISTANCE RECEIVED FROM A GOVERNMENT AGENCY UNDER SECTION 8 OF THE HOUSING ASSISTANCE PAYMENTS PROGRAM. PROVIDING TECHNICAL ASSISTANCE AND TRAINING TO LOW-INCOME RURAL COMMUNITIES AND OTHER AGENCIES IN ORDER TO PROVIDE OR ENHANCE THEIR DRINKING WATER & WASTE DISPOSAL FACILITIES. MANAGE HUD 202 PROPERTIES FOR THE ELDERLY.

990 for the year ended June 30, 2025

Program accomplishments

  • CLIENT RESOURCES - THE CLIENT RESOURCES DIVISION WORKS WITH ELIGIBLE AFFORDABLE HOUSING, HOMELESSNESS PREVENTION, AND FAMILY UNIFICATION AND SELF-SUFFICIENCY SERVICES. THESE SERVICES INCLUDE HOUSING ASSISTANCE PAYMENTS FOR LOW INCOME TENANTS, TRANSITIONAL HOUSING AND ASSISTANCE FOR THE HOMELESS OR THOSE FLEEING DOMESTIC VIOLENCE, LANDLORD TENANT MEDIATION, AND TRAINING AND SUPPORT FOR PROPERTY OWNERS AND FIRST TIME HOMEOWNERS.
    Expenses $69,249,259 · grants $63,738,558 · revenue $786
  • COMMUNITY RESOURCES - THE COMMUNITY RESOURCES DIVISION WORKS WITH COMMUNITIES THROUGHOUT THE NORTHEAST, PUERTO RICO AND THE U.S. VIRGINISLANDS TO PROMOTE PUBLIC, ENVIRONMENTAL, AND ECONOMIC HEALTH BY PROVIDING CONSULTING, PLANNING, FINANCING, BUILD-OUT OVERSIGHT,REGULATORY AND COMPLIANCE OVERSIGHT, MANAGEMENT, AND OPERATIONAL SUPPORT FOR A WIDE RANGE OF COMMUNITY DEVELOPMENT AND INFRASTRUCTURE PROJECTS.
    Expenses $4,896,489 · revenue $2,128
  • PROPERTY MANAGEMENT - THE PROPERTY MANAGEMENT DIVISION OVERSEES THE SUPPORT FOR A WIDE RANGE OF COMMUNITY DEVELOPMENT AND INFRASTRUCTURE PROJECTS. OPERATIONS OF ALL RESIDENTIAL RENTAL PROPERTIES, AS WELL AS DEVELOPMENT ACTIVITY, TO ITS PROPERTIES LOCATED IN CENTRAL MASSACHUSETTS. THE COMPANY'S PORTFOLIO CURRENTLY INCLUDES TEN AFFORDABLE HOUSING PROJECTS.
    Expenses $245,063 · revenue $487,574

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
04-2454675
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1971
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$13,158,420
Income (IRS master file)
$78,835,390

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$78,835,390$78,018,415$13,158,420IRS
990June 2024$67,244,674$66,993,684$12,579,550IRS
990June 2023$62,477,099$62,781,544$12,177,708XML
990June 2022$86,440,230$85,703,782$9,084,523IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2454675).

Questions about RCAP SOLUTIONS INC

What is the EIN of RCAP SOLUTIONS INC?
The employer identification number (EIN) of RCAP SOLUTIONS INC is 04-2454675.
Is RCAP SOLUTIONS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1971.
Are donations to RCAP SOLUTIONS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RCAP SOLUTIONS INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of RCAP SOLUTIONS INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RCAP SOLUTIONS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of RCAP SOLUTIONS INC?
The 990 for the year ended June 30, 2025 names BRIAN SCALES.
Who are the officers and directors of RCAP SOLUTIONS INC?
The 990 for the year ended June 30, 2025 lists 17 people; 7 received compensation from the organization, the highest $257,745 (BRIAN SCALES, PRESIDENT/CEO/CLERK).
How much revenue does RCAP SOLUTIONS INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $78,835,390, expenses of $78,018,415 and total assets of $13,158,420 at year end.

Other nonprofits in WORCESTER

All nonprofits in WORCESTER · Massachusetts