Public Charity

RCAP SOLUTIONS INC FORMERLY RURAL HOUSING IMPROVEMENT INC

Based in WORCESTER, MA, RCAP SOLUTIONS INC FORMERLY RURAL HOUSING IMPROVEMENT INC operates as a Public Charity. The organization reported $78.8M in revenue, $78.0M in expenses, $13.2M in total assets for fiscal year 2025. Imperigo tracks 22 reported grant relationships connected to this organization totaling approximately $28.5M.

EIN: 042454675 WORCESTER, MA Latest filing: 2025
Total Revenue$78.8M
Total Expenses$78.0M
Total Assets$13.2M
Grant Records22
Funding Total$28.5M
Filing Years2021–2025

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.

Where $100 goes at Rcap Solutions Inc Formerly Rural Housing Improvement Inc

How Rcap Solutions Inc Formerly Rural Housing Improvement Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$95 Programs the work itself
$5 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $95 for programs

$89
Client resources
93% of program spending
$6
Community resources
7% of program spending
<$1
Property management
0% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
TECHNICAL ASSISTANCE, TRAINING AND RESEARCH AND ECONOMIC DEVELOPMENT
$4,636,182
2024
PRIVATE WELL PROGRAM TO PROTECT PUBLIC HEALTH
$300,000
$10,000
2023
TECHNICAL ASSISTANCE, TRAINING AND RESEARCH AND ECONOMIC DEVELOPMENT
$3,763,661

Showing up to 5 of 22 total records — full history available with membership.

Officers & Directors

VP & CFO Alyssa Glennon
PRESIDENT/CEO/CLERK Brian Scales
DIRECTOR Carl H Allen Jr
VP OF ADMIN & COO Emily Farrand
DIRECTOR Henry Noel Jr
DIRECTOR Jeffrey Fox

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development
$19,959,093 6 grants
General Support
$6,629,272 5 grants
Health & Medicine
$1,364,400 4 grants
Housing & Homelessness
$453,518 3 grants
Human & Social Services
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $78.8M $78.0M $13.2M
2024 $67.2M $67.0M $12.6M
2023 $62.5M $62.8M $12.2M
2022 $86.4M $85.7M $9.1M
2021 $56.5M $55.3M $14.8M

Between 2021 and 2025, reported annual revenue grew from $56.5M to $78.8M (+39%), with total assets most recently reported at $13.2M.

Interactive year-over-year charts and full filing details available with membership.

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