The Caleb Group Inc
- Assets
- $1.7m
- Revenue
- $4.4m
- Investments
- $0.0
- Employees
- 112
- Location
- Swampscott, MA
- Founding
- 01/2000
- Data as of
- 12/2021
- EIN
- 04-3460139
Organization Overview
The Caleb Group Inc is located in Swampscott, MA. The organization was established in 2000. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Caleb Group Inc employed 112 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Caleb Group Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Caleb Group Inc generated $4.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $4.0m during the year ending 12/2021. While expenses have increased by 5.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE MANAGEMENT SERVICES FOR ORGANIZATIONS THAT PROVIDE AFFORDABLE HOUSING TO QUALIFIED TENANTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ENHANCE THE INDEPENDENCE OF THOSE LOW AND MODERATE INCOME ELDERLY INDIVIDUALS AND FAMILIES AND DISABLED WHO IT SEEKS TO SERVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debra Nutter President And CEO | Trustee | 40 | $180,000 |
Patrick Brennick Director Of Asset Manageme | 40 | $138,915 | |
Wendy Thomas Director Of Finance | 40 | $135,528 | |
Anne Moriarty Director Of Service Coordi | 40 | $126,000 | |
Melanie Johnson Director Of Property Manag | 40 | $125,000 | |
Clarke Orzalli Chairperson | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $593,704 |
| All other contributions, gifts, grants, and similar amounts not included above | $49,111 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $642,815 |
| Total Program Service Revenue | $3,792,182 |
| Investment income | $341 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,435,338 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $180,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,205,723 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $226,017 |
| Payroll taxes | $170,800 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,610 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,164 |
| Advertising and promotion | $2,466 |
| Office expenses | $31,690 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $9,550 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $961 |
| Insurance | $6,855 |
| All other expenses | $6,973 |
| Total functional expenses | $3,968,836 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $739,476 |
| Savings and temporary cash investments | $59,155 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $759,055 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $88,793 |
| Net Land, buildings, and equipment | $3,594 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $68,083 |
| Total assets | $1,718,156 |
| Accounts payable and accrued expenses | $294,533 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $14,631 |
| Total liabilities | $309,164 |
| Net assets without donor restrictions | $1,408,992 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,718,156 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that The Caleb Group Inc has recieved totaling $17,643.
| Awarding Organization | Amount |
|---|---|
Scripps Family Fund For Education And The Arts Ft Mitchell, KY PURPOSE: READY FOR THE GRADE SUMMER DAY PROGRAM AND LITERACY ACTIVITIES AT THE VILLAGE AT KILLINGLY | $9,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $6,000 |
Salem Five Charitable Foundation Inc Salem, MA PURPOSE: EXEMPT PURPOSES | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $143 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Womens Housing And Economic Development Corporation Bronx, NY | $29,527,353 | $27,859,543 |
Joint Ownership Entity New York City Corp New York, NY | $155,995,039 | $17,434,025 |
Breaking Ground Housing Development Fund Corporation New York, NY | $193,138,085 | $25,961,669 |
Highland Park Community Development Corporation Brooklyn, NY | $3,265,910 | $15,414,103 |
Centerboard Inc Lynn, MA | $21,186,335 | $15,673,773 |
Interstate I Affordable Housing Inc New York, NY | $783,725 | $8,991,908 |
Ascendant Neighborhood Development Corporation New York, NY | $39,528,943 | $4,446,577 |
Housing Works Services Inc Brooklyn, NY | $2,273,707 | $4,786,590 |
Willow Gardens Inc New Rochelle, NY | $20,661,774 | $5,354,577 |
United Residents In Academy Homes Ii Inc Roxbury, MA | $30,056,643 | $8,930,600 |
Pratt Area Community Council Inc Broooklyn, NY | $10,567,531 | $5,512,215 |
Homeowners Rehab Inc Cambridge, MA | $114,049,178 | $6,783,220 |