Ccmc Corporation
Ccmc Corporation: Significant Revenue Spike and Asset Growth in 2023
EIN: 222619876 · Hartford, CT · NTEE: E30 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $322K |
| Total Expenses | $267K |
| Program Spending | 75% |
| Net Assets | $576K |
| Transparency Score | 65/100 |
Is Ccmc Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ccmc Corporation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ccmc Corporation
Ccmc Corporation (EIN: 222619876) is a nonprofit organization based in Hartford, CT, classified under NTEE code E30. The organization reported total revenue of $322K and total assets of $12.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ccmc Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ccmc Corporation is a small nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $505K |
| Total Expenses | $267K |
| Surplus / Deficit | +$238K |
| Total Assets | $6.5M |
| Total Liabilities | $6.0M |
| Net Assets | $576K |
| Operating Margin | 47.1% |
| Debt-to-Asset Ratio | 91.2% |
| Months of Reserves | 293.4 months |
Financial Health Grade: A
In 2023, Ccmc Corporation reported a surplus of $238K with revenue exceeding expenses, holds 293.4 months of operating reserves (strong position), has a debt-to-asset ratio of 91.2% (high leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ccmc Corporation with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Ccmc Corporation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $238K, with revenue exceeding expenses.
- Debt-to-asset ratio: 91.2%.
Executive Compensation Analysis
Executive compensation is not explicitly reported in the provided data, with 'c' consistently showing 0% across all years, suggesting either a volunteer-led organization or compensation is embedded within other expense lines.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Ccmc Corporation's IRS 990 filings:
- The sudden jump in revenue from $0 to $504,736 in 2023, without prior revenue, warrants further investigation into its source and sustainability.
- The consistent reporting of 0% compensation ('c') across all years is unusual for an organization with growing assets and expenses, raising questions about how leadership is compensated or if this data point is incomplete.
- The significant increase in liabilities from $1,241,709 in 2022 to $5,956,012 in 2023, alongside asset growth, needs clarification regarding the nature of these liabilities.
Strengths
The following positive indicators were identified for Ccmc Corporation:
- Ccmc Corporation has demonstrated substantial growth in total assets, reaching $6,531,835 in 2023, indicating increasing capacity.
- The organization has consistently maintained a presence since at least 2016, showing longevity.
- The significant revenue generation in 2023 suggests successful fundraising or program activities.
Frequently Asked Questions about Ccmc Corporation
Is Ccmc Corporation a legitimate charity?
Ccmc Corporation (EIN: 222619876) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $322K. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Ccmc Corporation spend its money?
Ccmc Corporation directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Ccmc Corporation tax-deductible?
Ccmc Corporation is registered as a tax-exempt nonprofit (EIN: 222619876). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ccmc Corporation's spending goes to programs?
Ccmc Corporation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ccmc Corporation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Ccmc Corporation is above average for NTEE category E30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ccmc Corporation located?
Ccmc Corporation is headquartered in Hartford, Connecticut and files with the IRS under EIN 222619876. It is classified under NTEE code E30.
How many years of IRS 990 filings does Ccmc Corporation have?
Ccmc Corporation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $322K in total revenue.
What does Ccmc Corporation do?
Ccmc Corporation is a nonprofit organization in the Health Care sector, located in Hartford, Connecticut. It is classified under NTEE code E30.
How much revenue does Ccmc Corporation have?
Ccmc Corporation reported total revenue of $322,320. Based on 13 IRS 990 filings on record.
What are Ccmc Corporation's total assets?
Ccmc Corporation holds total assets of $12,205,129 as reported in IRS 990 filings.
Where is Ccmc Corporation located?
Ccmc Corporation is based in Hartford, Connecticut.
What is Ccmc Corporation's EIN?
Ccmc Corporation's Employer Identification Number (EIN) is 222619876. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Ccmc Corporation?
Ccmc Corporation is classified under NTEE code E30 (Health Care).
Is Ccmc Corporation a registered 501(c)(3)?
Yes, Ccmc Corporation is recognized as a tax-exempt organization by the IRS. EIN: 222619876.
Does Ccmc Corporation file IRS Form 990?
Yes, Ccmc Corporation has 13 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was Ccmc Corporation's revenue in 2023?
In the 202309 filing period, Ccmc Corporation reported total revenue of $504,736, total expenses of $267,124, and net assets of $6,531,835.
Is Ccmc Corporation's revenue growing or declining?
Ccmc Corporation's revenue is relatively stable. Revenue went from N/A (202209) to $504,736 (202309), a 0.0% change. Based on 13 filings on record.
What is Ccmc Corporation's most recent 990 filing?
The most recent IRS Form 990 filing for Ccmc Corporation covers tax period 202309. It shows revenue of $504,736, expenses of $267,124, total assets of $6,531,835, and liabilities of $5,956,012.
How much does Ccmc Corporation spend on programs vs administration?
Based on IRS 990 analysis, Ccmc Corporation allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Ccmc Corporation a trustworthy charity?
Based on AI analysis of IRS 990 data, Ccmc Corporation shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Ccmc Corporation?
The following concerns were identified: The sudden jump in revenue from $0 to $504,736 in 2023, without prior revenue, warrants further investigation into its source and sustainability.. The consistent reporting of 0% compensation ('c') across all years is unusual for an organization with growing assets and expenses, raising questions about how leadership is compensated or if this data point is incomplete.. The significant increase in liabilities from $1,241,709 in 2022 to $5,956,012 in 2023, alongside asset growth, needs clarification regarding the nature of these liabilities.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Ccmc Corporation's strengths?
Positive indicators for Ccmc Corporation include: Ccmc Corporation has demonstrated substantial growth in total assets, reaching $6,531,835 in 2023, indicating increasing capacity.. The organization has consistently maintained a presence since at least 2016, showing longevity.. The significant revenue generation in 2023 suggests successful fundraising or program activities.. These findings are derived from AI analysis of the organization's financial filings.
How does Ccmc Corporation compensate executives?
Executive compensation is not explicitly reported in the provided data, with 'c' consistently showing 0% across all years, suggesting either a volunteer-led organization or compensation is embedded within other expense lines. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What specific events or changes led to the unprecedented revenue of $504,736 and asset growth to $6,531,835 in 2023, given previous years reported $0 revenue?
The provided data does not specify the exact reasons for the sudden and substantial financial changes in 2023. This could be due to a major grant, a new program, or a change in reporting methodology. Further investigation into their 990 forms would be necessary to understand the source of this revenue and asset accumulation.
How does Ccmc Corporation manage its operations and leadership without reporting any compensation ('c' at 0%) across all available years, especially with growing expenses and assets?
The consistent 0% compensation suggests a few possibilities: the organization is entirely volunteer-run, compensation is reported under other expense categories (e.g., 'x' for expenses), or the 'c' field specifically refers to a type of compensation not applicable to their structure. Without more detailed financial statements, it's difficult to ascertain how leadership and staff are compensated, if at all.
Filing History
IRS 990 filing history for Ccmc Corporation showing financial trends over 13 years of public records:
Total assets increased by 17143% over the same period, from $38K to $6.5M. Total functional expenses rose by 389.3%, from $55K to $267K. In its most recent filing year (2023), Ccmc Corporation reported a surplus of $238K, with revenue exceeding expenses. The organization holds $6.0M in liabilities against $6.5M in assets (debt-to-asset ratio: 91.2%), resulting in net assets of $576K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $505K | $267K | $6.5M | $6.0M | — | — |
| 2022 | $0 | $121K | $1.6M | $1.2M | — | View 990 |
| 2021 | $0 | $236K | $1.4M | $899K | — | View 990 |
| 2020 | $0 | $208K | $731K | $0 | — | — |
| 2019 | $0 | $102K | $1.8M | $905K | — | View 990 |
| 2018 | $0 | $115K | $1.9M | $880K | — | View 990 |
| 2017 | $0 | $87K | $1.9M | $710K | — | View 990 |
| 2016 | $0 | $85K | $725K | $362K | — | View 990 |
| 2015 | $0 | $72K | $448K | $0 | — | View 990 |
| 2014 | $0 | $60K | $43K | $433K | — | View 990 |
| 2013 | $0 | $61K | $36K | $366K | — | View 990 |
| 2012 | $0 | $60K | $37K | $306K | — | View 990 |
| 2011 | $0 | $55K | $38K | $248K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $505K, expenses of $267K, and assets of $6.5M.
- 2022: Revenue of $0, expenses of $121K, and assets of $1.6M.
- 2021: Revenue of $0, expenses of $236K, and assets of $1.4M.
- 2020: Revenue of $0, expenses of $208K, and assets of $731K.
- 2019: Revenue of $0, expenses of $102K, and assets of $1.8M.
- 2018: Revenue of $0, expenses of $115K, and assets of $1.9M.
- 2017: Revenue of $0, expenses of $87K, and assets of $1.9M.
- 2016: Revenue of $0, expenses of $85K, and assets of $725K.
- 2015: Revenue of $0, expenses of $72K, and assets of $448K.
- 2014: Revenue of $0, expenses of $60K, and assets of $43K.
- 2013: Revenue of $0, expenses of $61K, and assets of $36K.
- 2012: Revenue of $0, expenses of $60K, and assets of $37K.
- 2011: Revenue of $0, expenses of $55K, and assets of $38K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ccmc Corporation:
Data Sources and Methodology
This transparency report for Ccmc Corporation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.