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Filing year 2023

RCAP SOLUTIONS INC FORMERLY RURAL HOUSING IMPROVEMENT INC

Worcester, Massachusetts·EIN 04-2454675·501(c)(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 · Part VII & Schedule J · 7 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President/ceo/clerk
75th to 90th percentile
$241k
$269k
Base
$217k
Bonus
Other
$9k
Benefits
$2k
VP of Admin & COO
Median to 75th percentile
$192k
$215k
Base
$169k
Bonus
Other
Benefits
$13k
VP & CFO
Median to 75th percentile
$166k
$186k
Base
$156k
Bonus
Other
Benefits
$1k
Dir Comm & Environ Resourc
Highest Compensated Employee
25th percentile to median
$144k
$161k
Chief Housing & Compliance
Highest Compensated Employee
25th percentile to median
$130k
$145k
VP of Marketing & Communci
Board Vice President
Median to 75th percentile
$129k
$144k
Deputy Director
Highest Compensated Employee
10th to 25th percentile
$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.

Pay for the position

Chief Executive Officer pay rose 13% from 2022 to 2023, while revenue rose 8%.

$212k in 2022 to $241k in 2023.
  • Chief Operating Officer pay rose 13% from 2022 to 2023.
  • Highest Compensated Employee pay rose 15% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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.
FAQ

Common questions about RCAP SOLUTIONS INC FORMERLY RURAL HOUSING IMPROVEMENT INC

What does the Chief Executive Officer of RCAP SOLUTIONS INC FORMERLY RURAL HOUSING IMPROVEMENT INC earn?

In 2023, the Chief Executive Officer of RCAP SOLUTIONS INC FORMERLY RURAL HOUSING IMPROVEMENT INC received $240,515 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at RCAP SOLUTIONS INC FORMERLY RURAL HOUSING IMPROVEMENT INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at RCAP SOLUTIONS INC FORMERLY RURAL HOUSING IMPROVEMENT INC falls between the 75th and 90th percentiles.

What are RCAP SOLUTIONS INC FORMERLY RURAL HOUSING IMPROVEMENT INC's revenue and expenses?

In 2023, RCAP SOLUTIONS INC FORMERLY RURAL HOUSING IMPROVEMENT INC reported $67.2M in total revenue and $67M in total expenses on its IRS Form 990.

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