Cambridge Management Corporation is located in Cambridge, OH. The organization was established in 1995. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cambridge Management Corporation 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, Cambridge Management Corporation generated $773.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $215.1k during the year ending 12/2021. While expenses have increased by 0.7% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOW INCOME HOUSING
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Martha Smith Board Member | 5 | $0 | |
Tom Fisher Board Member | 5 | $0 | |
Andreanne Rodgers Board Member | 5 | $0 | |
Nellie Bichard Board Member | 5 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $193,559 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $579,629 |
Total Revenue | $773,188 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $22,272 |
Depreciation | $41,907 |
Occupancy | $3,138 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $144,038 |
Total operating and administrative expenses | $215,090 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $215,090 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $222,621 |
Savings and temporary cash investments | $438,327 |
Net Accounts receivable | $12,792 |
Net Pledges Receivable | $0 |
Grants receivable | $7,538,095 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $5,073 |
Net Investments - land, buildings, equipment | $429,344 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $8,646,327 |
Accounts payable and accrued expenses | $57,423 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $20,000 |
Total liabilities | $77,423 |
Over the last fiscal year, we have identified 1 grants that Cambridge Management Corporation has recieved totaling $11,100.
Awarding Organization | Amount |
---|---|
Ohio Capital Impact Corporation Columbus, OH PURPOSE: PROGRAM SUPPORT | $11,100 |
Organization Name | Assets | Revenue |
---|---|---|
Gene B Glick Family Housing Foundation Inc Indianapolis, IN | $374,839,062 | $69,361,551 |
Viecare Beaver Llc Cranberry Township, PA | $43,089,373 | $46,860,704 |
Alliance For Housing Oakland County Continuum Of Care Pontiac, MI | $25,935,962 | $39,151,253 |
Columbus Property Management & Development Inc Philadelphia, PA | $30,446,777 | $36,581,885 |
Mainstay Life Services Pittsburgh, PA | $23,133,484 | $27,133,047 |
Shared Support South Inc Warrington, PA | $9,549,705 | $20,704,692 |
Viecare Butler Llc Cranberry Township, PA | $15,820,808 | $20,591,438 |
Valley View Haven Inc Belleville, PA | $35,512,325 | $21,268,828 |
Cinnaire Corporation Cinnaire Lansing, MI | $74,619,323 | $21,850,720 |
Pathways To Housing Pa Philadelphia, PA | $7,362,789 | $17,371,070 |
Bethany Housing Ministries Inc Muskegon, MI | $4,087,536 | $16,635,219 |
Habitat For Humanity International Inc Cincinnati, OH | $19,861,311 | $21,403,808 |