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Filing year 2023

RCAP SOLUTIONS INC FORMERLY RURAL HOUSING IMPROVEMENT INC

Worcester, Massachusetts·EIN 04-2454675·3
Total revenue
$67.2M
Total assets
$12.6M
Total expenses
$67M
Reported officers
15
Mission

RENTAL ASSISTANCE RECEIVED FROM A GOVERNMENT AGENCY UNDER SECTION 8 OF THE HOUSING ASSISTANCE PAYMENTS PROGRAM. PROVIDING TECHNICAL ASSISTANCE AND TRAINING TO LOW-INCOME RURAL COMMUNITIES AND OTHER AGENCIES IN ORDER TO PROVIDE OR ENHANCE THEIR DRINKING WATER & WASTE DISPOSAL FACILITIES. MANAGE HUD 202 PROPERTIES FOR THE ELDERLY.

Executive compensation, broken down

Form 990 · Schedule J · 7 reported individuals · Filing year 2023

President/ceo/clerk
$241k
$269k
Base
$217k
Bonus
Other
$9k
Benefits
$2k
VP of Admin & COO
$192k
$215k
Base
$169k
Bonus
Other
Benefits
$13k
$166k
$186k
Base
$156k
Bonus
Other
Benefits
$1k
Dir Comm & Environ Resourc
highest compensated employee
$144k
$161k
Chief Housing & Compliance
highest compensated employee
$130k
$145k
VP of Marketing & Communci
vice president
$129k
$144k
Deputy Director
highest compensated employee
$113k
$126k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

Up 13%
from 2022

From $212k in 2022 to $241k in 2023.

$212k
2022
$241k
2023
In today's dollarsEst.
Up 10% in real terms$245k to $269k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

RCAP SOLUTIONS INC FORMERLY RURAL HOUSING IMPROVEMENT INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$62.5M
$62.8M
2022
$67.2M
$67M
2023
Total revenue and total expenses from IRS Form 990 filings.
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