Associations First Property Inc
- Assets
- $252.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Springfield, MA
- Founding
- 09/2003
- Data as of
- 06/2022
- EIN
- 55-0836114
Organization Overview
Associations First Property Inc is located in Springfield, MA. The organization was established in 2003. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, 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. Associations First Property 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, Associations First Property Inc generated $43.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $54.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 7 years. 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
HOUSING AND URBAN DEVELOPMENT SUBSIDIZED HOUSING FOR INDIVIDUALS WITH DISABILITIES.
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 |
|---|---|---|---|
Hank Drapalski Director | 1 | $0 | |
Denise Cogman Director | 1 | $0 | |
Tara Reynolds Director (until 01/22) | 1 | $0 | |
Kelly Pignatare Director | 1 | $0 | |
Ruth Banta President (until 03/22) | 1 | $0 | |
John Roberson President (as Of 5/22) | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,570 |
| Total Program Service Revenue | $23,450 |
| Membership dues | $0 |
| Investment income | $11 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $43,031 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $12,032 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $42,161 |
| Total expenses | $54,193 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,694 |
| Other assets | $0 |
| Total assets | $252,197 |
| Total liabilities | $479,950 |
| Net assets or fund balances | -$227,753 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Coburg Village Inc Rexford, NY | $43,908,610 | $10,396,522 |
2life Communities Services Inc Brighton, MA | $14,714,646 | $15,464,952 |
New Haven Jewish Community Council Housing Corporation New Haven, CT | $29,407,361 | $7,917,612 |
Vernon Advent Christian Home Inc Vernon, VT | $5,183,306 | $7,747,706 |
Geer Woods Inc Canaan, CT | $16,105,783 | $7,692,036 |
Miller Memorial Community Inc Meriden, CT | $2,617,038 | $7,410,160 |
Gifford Retirement Community Inc Randolph, VT | $12,550,622 | $5,271,559 |
Teresian House Housing Corporation Albany, NY | $28,495,026 | $7,463,112 |
Wartburg Senior Housing Inc Mt Vernon, NY | $20,441,065 | $8,326,549 |
New Reach Inc New Haven, CT | $19,348,639 | $8,454,428 |
Masonicare At Chester Village Inc Wallingford, CT | $26,931,477 | $7,413,910 |
Lathrop Community Inc Easthampton, MA | $20,123,468 | $6,704,527 |