Cambridge Management Corporation
- Assets
- $9.1m
- Revenue
- $687.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Cambridge, OH
- Founding
- 11/1995
- Data as of
- 12/2022
- EIN
- 31-1446695
Organization Overview
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 12/2022, Cambridge Management Corporation generated $687.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $207.3k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOW INCOME HOUSING
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Board, Officers & Key Employees
| 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 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $196,085 |
| 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 | $491,719 |
| Total Revenue | $687,804 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $29,726 |
| Depreciation | $42,302 |
| Occupancy | $7,052 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $126,667 |
| Total operating and administrative expenses | $207,271 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $207,271 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $240,933 |
| Savings and temporary cash investments | $511,741 |
| Net Accounts receivable | $13,400 |
| Net Pledges Receivable | $0 |
| Grants receivable | $7,944,849 |
| 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 | $6,026 |
| Net Investments - land, buildings, equipment | $404,794 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,121,743 |
| Accounts payable and accrued expenses | $39,787 |
| 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 | $27,470 |
| Total liabilities | $67,257 |