Recovery Homes Collaborative
- Assets
- $110.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waltham, MA
- Founding
- 01/2004
- Data as of
- 12/2022
- EIN
- 04-3207044
Organization Overview
Recovery Homes Collaborative is located in Waltham, MA. The organization was established in 2004. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Recovery Homes Collaborative is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Recovery Homes Collaborative generated $199.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 28.5% each year . All expenses for the organization totaled $182.8k during the year ending 12/2022. While expenses have increased by 24.2% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
HELD REGULAR MEETINGS TO DISCUSS REHABILITATION OF ADDICTED INDIVIDUALS AND TO EDUCATE MEMBERS AND THE COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Mills President | 5 | $0 | |
Judith Mcdonough Treasurer | 5 | $0 | |
Eileen Maguire Clerk (as Of July 2022) | 5 | $0 | |
John Mcgahan Vice President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $182,274 |
| Total Program Service Revenue | $0 |
| Membership dues | $16,700 |
| Investment income | $238 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $199,212 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $182,823 |
| Total expenses | $182,823 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $110,060 |
| Other assets | $0 |
| Total assets | $110,060 |
| Total liabilities | $31,319 |
| Net assets or fund balances | $78,741 |