Fifth Association Properties Inc is located in Springfield, MA. The organization was established in 1993. According to its NTEE Classification (F03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fifth Association Properties Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Fifth Association Properties Inc generated $30.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $38.2k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION OPERATED THREE CONDOMINIUM UNITS UNDER SECTION 811 OF THE NATIONAL HOUSING ACT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cheryl Fasano President & CEO | 40 | $0 | |
Jacqueline Johnson Vice Chair | 1 | $0 | |
Elaine Awand Director (end 3/2022) | 1 | $0 | |
Dee Cady Director | 1 | $0 | |
Kathy Reid Clerk (end 10/2021) | 1 | $0 | |
John A Odierna Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $30,636 |
Membership dues | $0 |
Investment income | $3 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $30,639 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $4,000 |
Occupancy, rent, utilities, and maintenance | $25,647 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $8,582 |
Total expenses | $38,229 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $11,463 |
Other assets | $0 |
Total assets | $33,541 |
Total liabilities | $244,524 |
Net assets or fund balances | -$210,983 |
Organization Name | Assets | Revenue |
---|---|---|
Mental Health Association In Essex County Westport, NY | $601,249 | $2,113,385 |
The Mental Health Association In Jefferson County Incorporated Watertown, NY | $173,724 | $778,461 |
New York Integrated Network For Persons With Developmental Disabil Brooklyn, NY | $1,758,205 | $1,507,662 |
New York State Psychological Association Inc New York, NY | $813,575 | $586,201 |
New York Psychiatric Association Inc Garden City, NY | $406,049 | $494,311 |
Vermont Council Of Developmental And Mental Health Services Inc Montpelier, VT | $305,278 | $511,982 |
Training Institute Of Natl Psycho Logical Assoc For Psychoanalysis New York, NY | $836,883 | $792,747 |
New York State Assoc Of Alcoholism & Substance Abuse Providers Albany, NY | $346,979 | $485,460 |
National Alliance Of Methadone Advocates Inc New York, NY | $30,603 | $379,517 |
American Orthopsychiatric Association Inc Lenox, MA | $385,795 | $303,008 |
Nami Sullivan County Ny Inc Monticello, NY | $114,348 | $287,592 |
Berkshire Association For Behavior Analysis And Therapy Inc Wakefield, MA | $1,058,164 | $342,884 |