I love crunching numbers like this to Seth. Nice job.
Conservation land like Nickerson and the seashore are getting built on.
From yurts to high school to roads and road “ improvements “ it’s a fallacy to count many large tracts of land as “conservation “.
The large sums of cash that come on cape is from retired folks- especially those who have lost their husbands and open savings accounts with no knowledge about investing. Also the feds drop vast sums of social security benefits here too.
Interesting to think about how we keep it attractive and not a suburban area. Hyannis is considered urban area and much of the remaining cape is viewed as suburban- according to us Bureau of Census SMSA’s.
Non-Profits go where their President lives. Most Presidents of Non Profits are wealthy. They have the time and inclination. Lots of wealthy on the Cape. The unfortunate by product is Cape is Homeless Mecca
Thanks for some interesting factoids and comments. As for the PILOT detail, I learned yesterday that Nantucket has such an arrangement/agreement with the Nantucket Hospital.
953 nonprofits are an awful lot. Delving deeper, you might find the majority are family trusts with 0 or 1 employee.
Could you identify the top 10-20 in terms of employees or income or assets?
Do any of the large ones make payments-in-lieu-of-taxes ("PILOT") to the towns where they are located? Everyone else pays higher taxes if they do not.
Are any of them helping with the Cape's crisis in housing--either for their own employees or for the larger community?
I love crunching numbers like this to Seth. Nice job.
Conservation land like Nickerson and the seashore are getting built on.
From yurts to high school to roads and road “ improvements “ it’s a fallacy to count many large tracts of land as “conservation “.
The large sums of cash that come on cape is from retired folks- especially those who have lost their husbands and open savings accounts with no knowledge about investing. Also the feds drop vast sums of social security benefits here too.
Interesting to think about how we keep it attractive and not a suburban area. Hyannis is considered urban area and much of the remaining cape is viewed as suburban- according to us Bureau of Census SMSA’s.
Non-Profits go where their President lives. Most Presidents of Non Profits are wealthy. They have the time and inclination. Lots of wealthy on the Cape. The unfortunate by product is Cape is Homeless Mecca
Thank you for translating the numbers to create such a clear picture of our collective situation.
Thanks for some interesting factoids and comments. As for the PILOT detail, I learned yesterday that Nantucket has such an arrangement/agreement with the Nantucket Hospital.