CMRS Whitefield Inc
Nonprofit profile at a glance
- EIN
- 222540983
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-EZ 2009
- Location
- Manchester, NH, USA
- Phone
- 6036687584
- Rating
- 62
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Developmentally Disabled Centers
Reported finances
- Revenue
- $353,286
- Expenses
- $365,923
- Assets
- $447,909
- Liabilities
- $1,791,829
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Edward Olney (President & CEO)
Highest reported compensation
- Edward Olney (President & CEO): $302,074 total reported compensation
- Kevin Harte (VP Advancement): $149,475 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of CMRS Whitefield, Inc is to promote, encourage and sponsor charitable community integrated housing, rehabilitative services, and related programs of instruction and support to developmentally challenged individuals. CMRS Whitefield will be a principal force in enabling and empowering citizens with physical, emotional, cognitive, or other related considerations to pursue the highest degree of independence as may be individually possible.
What it reported doing in 2024
Operated a 24-unit apartment complex in Whitefield, NH. Occupancy is restricted to elderly individuals.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 63
- Transparency & Controls: 60
- Accountability: 88
- Sustainability: 31
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 72%; rating input score 72
- Program expense ratio: 69.6%; rating input score 70
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 80%; rating input score 80; 21st percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -3.6%; rating input score 31; 31st percentile among comparable filings
- Total-asset coverage ratio: 1.22; rating input score 46; 46th percentile among comparable filings
- Liabilities to assets ratio: 4; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 11.9%; rating input score 27; 27th percentile among comparable filings
Growth
- Program expense growth: -3.8% per year; rating input score 0; 19th percentile among comparable filings
- Revenue growth: -0.1% per year; rating input score 0; 23rd percentile among comparable filings
- Asset growth: -6.5% per year; rating input score 0; 9th percentile among comparable filings
Details
- Where the money goes: 72% of revenue deployed · 69.6% of spending went to programs
- Governance: 4 of 5 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $255K in reported program spending
- Leadership: top reported pay $302K · 7 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $135K reported
- Consistency: 23 of 23 current checks pass
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Related organizations: 6 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 31/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
- High — Sustainability: Liabilities to assets ratio scored 1/100.
- High — Sustainability: Officer compensation ratio scored 27/100.