Tenth Association Properties Inc is located in Springfield, MA. The organization was established in 1996. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tenth 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, Tenth Association Properties Inc generated $53.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $69.3k during the year ending 06/2022. While expenses have increased by 0.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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 SEVEN CONDOMINIUM UNITS UNDER SECTION 811 OF THE NATIONAL HOUSING ACT. THE GROUP HOME HOUSES PEOPLE WITH DISABILITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cheryl Fasano President & CEO | 40 | $0 | |
Denise Cogman Chair | 1 | $0 | |
Kathy Reid Clerk (end 10/2021) | 1 | $0 | |
Jacqueline Johnson Vice Chair | 1 | $0 | |
John A Odierna Director | 1 | $0 | |
Michael Brassard Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $53,845 |
Membership dues | $0 |
Investment income | $40 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $53,885 |
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 | $6,615 |
Occupancy, rent, utilities, and maintenance | $49,907 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $12,746 |
Total expenses | $69,268 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $86,208 |
Other assets | $0 |
Total assets | $162,120 |
Total liabilities | $512,789 |
Net assets or fund balances | -$350,669 |
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