2024-05-13T12:07:11-05:00 2023-06-30 042734675 DANIEL DENNIS & COMPANY LLP 990 WASHINGTON STREET STE 203 DEDHAM MA 02026 990 2022-07-01 237299493 CASCAP INC CASC 6174925559 810 MEMORIAL DRIVE SUITE 107 CAMBRIDGE MA 02139 SARA BARCAN EXECUTIVE DIRECTOR 6174925559 2024-05-13 SARA BARCAN 999009999 0 KRISTOFFER LANE P01446126 6172629898 2024-05-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SARA BARCAN 810 MEMORIAL DRIVE SUITE 107 CAMBRIDGE MA 02139 374562 0 X WWW.CASCAP.ORG X 1973 MA CASCAP, INC. IS A NON-FOR-PROFIT ORGANIZATION DEDICATED TO PROVIDING CHRONICALLY MENTALLY ILL, THE ELDERLY AND OTHER INDIVIDUALS WITH SPECIAL NEEDS THE OPPORTUNITY TO LIVE, LEARN, AND GROW WITH DIGNITY IN THE COMMUNITY OF THEIR CHOICE. 7 7 0 0 0 0 0 0 212928 256721 5839 5730 111428 112111 330195 374562 0 0 0 0 1290 2202 0 0 0 203023 141264 204313 143466 125882 231096 1553786 1624485 781857 621460 771929 1003025 X CASCAP, INC. IS COMMITTED TO IMPROVING THE QUALITY OF LIFE FOR MEMBERS OF THE COMMUNITY WHO ARE DISADVANTAGED BY POVERTY, DISABILITY, OR AGE. WE WORK TO ESTABLISH A FOUNDATION FOR A DIGNIFIED AND MEANINGFUL LIFE THROUGH THE PROVISION OF AN ARRAY OF SERVICES INCLUDING THE DEVELOPMENT OF AFFORDABLE HOUSING, FUNCTIONAL SUPPORTS, AND ADAPTIVE LIVING SKILLS. CLINICAL SERVICES ARE RECOVERY FOCUSED AND REHABILITATIVE IN NATURE. OUR PURPOSE IS TO HELP THOSE WE SERVE ACHIEVE OPTIMAL LEVELS OF PERSONAL AUTONOMY AND COMMUNITY INTEGRATION. WE ENGAGE IN THESE EFFORTS IN A RESPECTFUL MANNER KEEPING IN MIND THE UNIQUE ABILITIES AND INHERENT WORTH OF EACH MEMBER OF THE CASCAP COMMUNITY. 0 0 143439 256721 PROVIDES PROPERTY MANAGEMENT SERVICES FOR SUBSIDIARIES AND PROPERTY LICENSE AGREEMENT REVENUE. 143439 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X LEE VENTRE 6174925559 810 MEMORIAL DRIVE SUITE 107 CAMBRIDGE MA 02139 X LOUISE ELVING PRESIDENT 1.00 1.00 X X 0 0 0 GEORGE BEAL TREASURER 1.00 1.00 X X 0 0 0 JOHN HIXSON CLERK 1.00 1.00 X X 0 0 0 VINCENT O'DONNELL VICE PRESIDENT 1.00 1.00 X X 0 0 0 TIMOTHY BOMBARD DIRECTOR 1.00 1.00 X 0 0 0 DELFINE MASONGO DIRECTOR 1.00 1.00 X 0 0 0 SUSAN RICHARDS DIRECTOR 1.00 1.00 X 0 0 0 0 0 0 0 0 0 0 0 PROPERTY MANAGEMENT FE 541610 207631 207631 49090 49090 256721 5730 5730 MISCELLANEOUS INCOME 541900 112111 112111 112111 374562 374562 0 0 2202 2202 1190 1190 25000 25000 1093 1066 27 8370 8370 10101 10101 14452 14452 9024 9024 CONSULTING 69294 69294 REPAIRS AND MAINTENANCE 2739 2739 POSTAGE 1 1 143466 143439 27 0 311700 502939 200522 200000 19742 42533 145970 143148 11038 11073 153026 147292 34982 5734 829832 719058 1553786 1624485 79488 17968 160000 260000 542369 343492 781857 621460 X 571929 803025 200000 200000 771929 1003025 1553786 1624485 231096 0 X X 0 1 X 1 1 1 X 1125 10190 2050 65 0 13430 916137 964634 646569 212928 207631 2947899 917262 974824 648619 212993 207631 2961329 0 0 0 2961329 5 38 2961 5839 5730 14573 5 38 2961 5839 5730 14573 325700 299037 374676 111363 112111 1222887 1242967 1273899 1026256 330195 325472 4198789 0.70530 0.68810 0.00350 0.00190 X SCHEDULE A, PART III, LINE 12, EXPLANATION FOR OTHER INCOME MISCELLANEOUS INCOME 2017 AMOUNT: $352,073 2018 AMOUNT: $325,700 2019 AMOUNT: $299,037 2020 AMOUNT: $374,676 2021 AMOUNT: $111,363 2022 AMOUNT: $112,111 153026 147292 5734 5734 DUE FROM AFFILIATES 719058 719058 CAPITAL LEASE OBLIGATIONS 23787 DUE TO AFFILIATES 319705 343492 X PART X, LINE 2: CASCAP INC IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND IS EXEMPT FROM STATE INCOME TAXES UNDER CHAPTER 180 OF THE MASSACHUSETTS GENERAL LAWS. UNRELATED BUSINESS INCOME, OF WHICH THERE WAS NONE FOR THE FISCAL YEAR ENDED JUNE 30, 2023, WOULD BE SUBJECT TO FEDERAL AND STATE INCOME TAXES. CONSEQUENTLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT REFLECT ANY PROVISION FOR INCOME TAXES. CASCAP EVALUATES TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN ITS TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE MORE-LIKELY-THAN-NOT OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD, ALONG WITH ACCRUED INTEREST AND PENALTY THEREON WOULD BE RECORDED AS AN EXPENSE IN THE CURRENT YEAR FINANCIAL STATEMENTS. AT JUNE 30, 2023, CASCAP BELIEVES THAT IT HAS NO UNCERTAIN TAX POSITIONS WITHIN ANY OF ITS OPEN FISCAL TAX YEARS (2020-2022). FORM 990, PART VI, SECTION B, LINE 11B A DRAFT VERSION OF THE FORM 990 IS SENT TO THE FINANCE COMMITTEE FOR REVIEW. ONCE ALL QUESTIONS HAVE BEEN ADEQUATELY ANSWERED A COPY OF THE DRAFT FORM 990 IS DISTRIBUTED TO THE FULL BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C KEY EMPLOYEES AND ALL BOARD MEMBERS ARE REQUIRED ANNUALLY TO COMPLETE AN ANNUAL DISCLOSURE AND CONFLICT OF INTEREST FORM. IF AN ISSUE IS BROUGHT BEFORE THE BOARD AND AN OFFICER, DIRECTOR, OR KEY EMPLOYEE HAS A CONFLICT OF INTEREST HE/SHE IS NOT PERMITTED TO VOTE. FORM 990, PART VI, SECTION B, LINE 15 SALARIES ARE DETERMINED BASED ON COMPARABILITY DATA. THE COMPARABILITY DATA IS OBTAINED THROUGH SURVEYS AS WELL AS OTHER ORGANIZATIONS' 990'S. THE PERSONNEL COMMITTEE REVIEWS THE DATA AND DEVELOPS FINDINGS AND RECOMMENDATIONS. THE FINDINGS AND A RECOMMENDATION ARE THEN DISTRIBUTED TO THE FULL BOARD FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990, AND FINANCIAL STATEMENT AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: NO CHANGES FROM PRIOR YEAR CASCAP REALTY INC 231 SOMERVILLE AVE SOMERVILLE MA 02143 311671588 AFFORDABLE HOUSING MA 501(C)(3) 509(A)(2) CASCAP INC 1 77 MAGAZINE HOUSE INC 231 SOMERVILLE AVE SOMERVILLE MA 02143 223041897 AFFORDABLE HOUSING MA 501(C)(3) 509(A)(2) CASCAP INC 1 PEARL STREET CSHD2 INC 231 SOMERVILLE AVE SOMERVILLE MA 02143 223305235 AFFORDABLE HOUSING MA 501(C)(3) 509(A)(2) CASCAP INC 1 BROADWAY CSHD3 INC 231 SOMERVILLE AVE SOMERVILLE MA 02143 223305236 AFFORDABLE HOUSING MA 501(C)(3) 509(A)(2) CASCAP INC 1 HARVARD PLACE INC 231 SOMERVILLE AVE SOMERVILLE MA 02143 223502747 AFFORDABLE HOUSING MA 501(C)(3) 509(A)(2) CASCAP INC 1 SOMERVILLE PLACE INC 231 SOMERVILLE AVE SOMERVILLE MA 02143 223520771 AFFORDABLE HOUSING MA 501(C)(3) 509(A)(2) CASCAP INC 1 THREE GEMS INC 231 SOMERVILLE AVE SOMERVILLE MA 02143 043542875 AFFORDABLE HOUSING MA 501(C)(3) 509(A)(2) CASCAP INC 1 MARSHALL PLACE APARTMENTS INC 231 SOMERVILLE AVE SOMERVILLE MA 02143 900158415 AFFORDABLE HOUSING MA 501(C)(3) 509(A)(2) CASCAP INC 1 NONANTUM VILLAGE PLACE INC 231 SOMERVILLE AVE SOMERVILLE MA 02143 300158221 AFFORDABLE HOUSING MA 501(C)(3) 509(A)(2) CASCAP INC 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 77 MAGAZINE HOUSE INC D 6597 ACTUAL COST BROADWAY CSHD3 INC D 3259 ACTUAL COST PEARL CSHD2 INC D 9229 ACTUAL COST CASCAP REALTYINC MARSHALL PLACE APARTMENTS INC D 146797 ACTUAL COST NONANTUM VILLAGE PLACE INC D 200160 ACTUAL COST HARVARD PLACE INC D 63495 ACTUAL COST THREE GEMS INC D 94993 ACTUAL COST CASCAP REALTY INC E 280703 ACTUAL COST SOMERVILLE PLACE INC D 218 ACTUAL COST