Semcoa Inc
- Assets
- $4.0m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 106
- Location
- New Bedford, MA
- Founding
- 05/1972
- Data as of
- 06/2021
- EIN
- 23-7161463
Organization Overview
Semcoa Inc is located in New Bedford, MA. The organization was established in 1972. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 06/2021, Semcoa Inc employed 106 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Semcoa 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 06/2021, Semcoa Inc generated $3.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $3.8m during the year ending 06/2021. While expenses have increased by 4.8% per year over the past 6 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
RESIDENTIAL TREATMENT & CONTINUING CARE FOR PEOPLE WHO SUFFER FROM ALCOHOL & OTHER DEPENDENCIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES ASSISTANCE IN THE RECOVERY OF ALCOHOL AND SUBSTANCE ABUSE AND MAINTAINS RESIDENTIAL CENTERS FOR MEN AND WOMEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carl Soares Chairperson | OfficerTrustee | 4 | $0 |
Gerald Hall Treasurer | OfficerTrustee | 4 | $0 |
Daniel S Mumbauer Ex-Officio President & CEO | OfficerTrustee | 20 | $0 |
Robert Almeida Clerk | OfficerTrustee | 4 | $0 |
Assuncao Martins CFO | Officer | 20 | $0 |
Robert Bettencourt Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $15,000 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $907,944 |
| All other contributions, gifts, grants, and similar amounts not included above | $78,771 |
| Noncash contributions included in lines 1a–1f | $19,210 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,001,715 |
| Total Program Service Revenue | $2,515,006 |
| Investment income | $160 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $146,170 |
| 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 | $3,889,678 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,003,335 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $161,537 |
| Payroll taxes | $204,810 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,988 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $714 |
| Office expenses | $9,777 |
| Information technology | $19,772 |
| Royalties | $0 |
| Occupancy | $212,740 |
| Travel | $2,400 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $30,798 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $143,253 |
| Insurance | $76,116 |
| All other expenses | $219,067 |
| Total functional expenses | $3,786,601 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $997,008 |
| Savings and temporary cash investments | $312,453 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $269,204 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $41,995 |
| Prepaid expenses and deferred charges | $42,357 |
| Net Land, buildings, and equipment | $1,954,881 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $391,041 |
| Total assets | $4,008,939 |
| Accounts payable and accrued expenses | $194,526 |
| 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 | $1,016,392 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $130,551 |
| Total liabilities | $1,341,469 |
| Net assets without donor restrictions | $2,667,470 |
| 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 | $4,008,939 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Semcoa Inc has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
United Way Of Greater New Bedford Inc New Bedford, MA PURPOSE: HEALTH | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Catalyst Inc New York, NY | $56,172,197 | $22,153,415 |
Horizon Village Inc Sanborn, NY | $19,517,446 | $18,747,224 |
Avi Chai Foundation New York, NY | $417,433,923 | $38,425,354 |
50 Broadway Realty Corp New York, NY | $106,628,317 | $16,489,338 |
Center For Community Alternatives Syracuse, NY | $5,921,893 | $12,987,614 |
Technical Assistance Collaborative Inc Boston, MA | $7,617,476 | $12,320,567 |
Starbridge Services Inc Rochester, NY | $4,814,747 | $13,376,433 |
Community Health Action Of Staten Island Inc Staten Island, NY | $10,310,732 | $11,148,216 |
Carl Fenichel Community Services Inc Brooklyn, NY | $12,251,363 | $5,691,898 |
Hart United Inc North Haven, CT | $3,744,334 | $8,818,103 |
New Square Community Improvement Council Inc New Square, NY | $7,666,025 | $8,815,852 |
Kings Bay Ym-Ywha Inc Brooklyn, NY | $12,626,720 | $11,475,108 |