Fifth Association Properties Inc
- Assets
- $28.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Springfield, MA
- Founding
- 08/1993
- Data as of
- 06/2023
- EIN
- 04-3174475
Organization Overview
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 06/2023, Fifth Association Properties Inc generated $30.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $38.8k during the year ending 06/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION OPERATED THREE CONDOMINIUM UNITS UNDER SECTION 811 OF THE NATIONAL HOUSING ACT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cheryl Fasano President & CEO | 40 | $0 | |
Denise Cogman Chair | 1 | $0 | |
Jacqueline Johnson Vice Chair | 1 | $0 | |
Donna-Rae Kenneally Treasurer | 1 | $0 | |
Michael Brassard Director | 1 | $0 | |
John A Odierna Director (end 10/2022) | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $30,501 |
| Membership dues | $0 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $30,505 |
| 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 | $28,825 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,988 |
| Total expenses | $38,813 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,128 |
| Other assets | $0 |
| Total assets | $28,262 |
| Total liabilities | $247,553 |
| Net assets or fund balances | -$219,291 |