Civic Intelligence

Spring Meadows Association of Responsible Tenants Inc.

990 • Fiscal year 2015 • EIN 04-3159643

Oct 01, 2014 to Sep 30, 2015 • Filed on Feb 17, 2016

Organization ProfileN/A
28 Cannon CircleSpringfield, MA 01118

(413) 783-5250

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

96th percentile

1.23x

Higher debt load relative to assets than 96% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

94th percentile

5.52x

Higher debt load relative to revenue than 94% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

14th percentile

-11%

Higher net margin than 14% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

12th percentile

$4,140

Higher top officer pay than 12% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

51st percentile

1.4%

Faster asset growth than 51% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

72nd percentile

13%

Faster revenue growth than 72% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets96th percentile

Assets

Up

$14,081,233

Up $189,971 (+1.4%) from 2014

Net Assets

Down

-$3,226,841

Down $333,179 (-12%) from 2014

Liabilities

Up

$17,308,074

Up $523,150 (+3.1%) from 2014

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin14th percentile

Revenue

Up

$3,137,635

Up $365,365 (+13%) from 2014

Expenses

Up

$3,470,814

Up $170,063 (+5.2%) from 2014

Net Income

Up

-$333,179

Up $195,302 (+37%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth51st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0-$10M-$20MAssets 2010: $15,612,740Liabilities 2010: $17,930,000Net Assets 2010: -$2,317,2602010Assets 2011: $15,264,937Liabilities 2011: $17,308,413Net Assets 2011: -$2,043,4762011Assets 2012: $14,747,880Liabilities 2012: $16,925,332Net Assets 2012: -$2,177,4522012Assets 2013: $14,384,404Liabilities 2013: $16,749,585Net Assets 2013: -$2,365,1812013Assets 2014: $13,891,262Liabilities 2014: $16,784,924Net Assets 2014: -$2,893,6622014Assets 2015: $14,081,233Liabilities 2015: $17,308,074Net Assets 2015: -$3,226,8412015Assets 2016: $16,215,440Liabilities 2016: $19,595,683Net Assets 2016: -$3,380,2432016Assets 2017: $20,361,767Liabilities 2017: $25,174,975Net Assets 2017: -$4,813,2082017Assets 2018: $18,131,972Liabilities 2018: $25,050,605Net Assets 2018: -$6,918,6332018Assets 2019: $16,258,992Liabilities 2019: $24,967,946Net Assets 2019: -$8,708,9542019Assets 2020: $15,167,594Liabilities 2020: $24,838,276Net Assets 2020: -$9,670,6822020Assets 2021: $14,323,481Liabilities 2021: $24,704,458Net Assets 2021: -$10,380,9772021Assets 2022: $13,684,795Liabilities 2022: $24,543,276Net Assets 2022: -$10,858,4812022Assets 2023: $12,879,058Liabilities 2023: $24,398,584Net Assets 2023: -$11,519,5262023Assets 2024: $11,862,595Liabilities 2024: $24,351,383Net Assets 2024: -$12,488,7882024

Highlighted filing

2015

Assets$14,081,233
Liabilities$17,308,074
Net Assets-$3,226,841
Open 2015 Filing

Operations Trend

Revenue Growth72nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2010: $2,744,9352010Expenses 2011: $3,012,5202011Expenses 2012: $3,005,2702012Revenue 2013: $2,809,889Expenses 2013: $2,977,254Net Income 2013: -$167,3652013Revenue 2014: $2,772,270Expenses 2014: $3,300,751Net Income 2014: -$528,4812014Revenue 2015: $3,137,635Expenses 2015: $3,470,814Net Income 2015: -$333,1792015Revenue 2016: $3,459,211Expenses 2016: $3,612,613Net Income 2016: -$153,4022016Revenue 2017: $3,436,035Expenses 2017: $4,869,000Net Income 2017: -$1,432,9652017Revenue 2018: $3,354,056Expenses 2018: $5,459,481Net Income 2018: -$2,105,4252018Revenue 2019: $3,768,709Expenses 2019: $5,559,030Net Income 2019: -$1,790,3212019Revenue 2020: $3,973,638Expenses 2020: $4,935,366Net Income 2020: -$961,7282020Revenue 2021: $4,117,328Expenses 2021: $4,827,623Net Income 2021: -$710,2952021Revenue 2022: $4,200,695Expenses 2022: $4,678,199Net Income 2022: -$477,5042022Revenue 2023: $4,498,699Expenses 2023: $5,159,744Net Income 2023: -$661,0452023Revenue 2024: $4,391,725Expenses 2024: $5,360,987Net Income 2024: -$969,2622024

Highlighted filing

2015

Revenue$3,137,635
Expenses$3,470,814
Net Income-$333,179
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2014 to Sep 30, 2015
Signed
Feb 17, 2016
Return Version
2014v6.0
Gross Receipts
$3,137,635
Mission and Program Overview

Mission

To own, rehabilitate and operate affordable housing in springfield ma.

To acquire, rehabilitate and operate an affordable housing project.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$13,101,270$12,877,787▼ $223,483
Cash and Non-Interest-Bearing Accounts$137,701$185,482▲ $47,781
Accounts Receivable$186,395$109,189▼ $77,206
Prepaid Expenses and Deferred Charges$31,783$71,550▲ $39,767
Total Assets$13,891,262$14,081,233▲ $189,971
Other Assets Total$434,113$837,225▲ $403,112
Liabilities
Mortgage Notes Payable Secured by Investment Property$16,512,496$17,105,756▲ $593,260
Accounts Payable and Accrued Expenses$148,132$89,395▼ $58,737
Escrow Account Liability$82,510$78,499▼ $4,011
Deferred Revenue$26,786$34,424▲ $7,638
Grants Payable$15,000$0▼ $15,000
Total Liabilities$16,784,924$17,308,074▲ $523,150
Net Assets / Fund Balance
Unrestricted Net Assets$-2,893,662$-3,226,841▼ $333,179
Total Net Assets Fund Balance$-2,893,662$-3,226,841▼ $333,179
Total Liabilities and Net Assets / Fund Balance$13,891,262$14,081,233▲ $189,971

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$11,409,452$9,159,776$20,569,228
Equipment$681,317$842,713$1,524,030
Land$474,870-$474,870
Other Land Buildings$312,148-$312,148
Other Assets Org$66,542--
Compensation and Service Providers
Top Officer Pay12th percentile

Employees

NameTitleBaseTotal
Marisabel ColonVice President/ Treasurer$4,140$4,140
Sarah CruzadoDirector$2,460$2,460

Board Members and Trustees

NameTitle
Keya HicksPresident
Ann JamisonDirector
Pura SantanaDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Mount Holyoke ManagementManagement Agent667 MAIN STREET, Holyoke, MA 01040$639,566
Interstate PlumbingMaintenance667 MAIN STREET, Holyoke, MA 01040$490,182
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,136,680
Investment Income
$865
Other Revenue
$90
Change in Net Assets
$-333,179

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,137,494
Revenue Not Reported on Financial Statements
$141
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$141
Total Revenue per Audited Statements
$3,137,494
Total Revenue per Form 990
$3,137,635
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,470,814
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$1,477,486--$1,477,486
Depreciation Depletion$869,179--$869,179
Insurance$179,342--$179,342
Fees for Services Management-$156,125-$156,125
Office Expenses-$62,882-$62,882
Other Expenses$87,547$58,355-$58,355
Fees for Services Legal-$33,687-$33,687
All Other Expenses$337$29,801-$30,138
Fees for Services Other-$17,302-$17,302
Fees for Services Accounting-$17,200-$17,200
Interest$2,643--$2,643
Advertising-$1,303-$1,303
Total Functional Expenses$2,925,508$545,306$0$3,470,814

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,470,814
Expenses per Audited Statements$3,470,673
Total Expenses per Audited Statements$3,470,673
Expenses Not Reported on Financial Statements$141
Other Expense Adjustments$141
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“In addition to property management and bookkeeping services, mount holyoke management also performs the initial review of form 990, has responsibility for custody of the organization's funds, and plans budgets.”

Form 990, Part VI, Section A, Line 6

“Members include all lessees who have been tenants for at least 30 days. Members elect the governing board of directors.”

Form 990, Part VI, Section A, Line 7A

“Members (adult tenants of the development) elect the board of directors.”

Form 990, Part VI, Section A, Line 8A

“No documentation of board minutes was maintained”

Form 990, Part VI, Section A, Line 8B

“There were no separate committees of the board”

Form 990, Part VI, Section B, Line 11

“The form 990 is reviewed by the organization's asset manager and members of the board. A copy of form 990 is distributed to all board members prior to filing.”

Form 990, Part VI, Section C, Line 18

“Form 990, part vi, section c. Line 18: form 990 is available upon request”

Form 990, Part VI, Section C, Line 19

“Form 990, part vi, section c, line 19: governing documents and financial statements are available to the public upon request. Requests should be submitted to keya hicks, spring meadow association of responsible tenants, inc.; 28 cannon circle, springfield, ma 01104”

Part VII, Column (D)

“The amounts indicated on the 990, part vii were not for services performed in their capacity as a board member.”

Filing and Contact Details

Filer

Filer Name
Spring Meadow Association of Responsible
EIN
04-3159643
Phone
4137835250
Address
28 CANNON CIRCLE, SPRINGFIELD, MA 01118

Signing Officer

Name
Keya Hicks
Title
President
Phone
4137835250
Signed
2016-02-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Keya Hicks
Formed
1991
Legal Domicile
Ma
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Meyers Brothers Kalicka Pc
Address
330 WHITNEY AVE SUITE 800, HOLYOKE, MA 01040
Preparer
James Barrett
Phone
4135368510
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

“The oversight and selection process has not changed from the prior year.”

Financial Statement Notes

PART IV, LINE 2B:

“Tenant security deposits are collected at the beginning of the initial lease period and released upon vacancy of tenancy.”

PART X, LINE 2:

“Management has evaluated significant tax positions against the criteria established by professional standards and believes there are no such tax positions requiring accounting recognition.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Tenant fund revenue netted with expenses 141.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Tenant fund revenue netted with expenses 141.”

Raw XML AppendixShowing 400 of 461 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt031783
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt071550
IRS990/PrincipalOfficerNm0KEYA HICKS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/BusinessCd2531390
IRS990/ProgramServiceRevenueGrp/BusinessCd3531390
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1TENANT CHARGES
IRS990/ProgramServiceRevenueGrp/Desc2OTHER INCOME
IRS990/ProgramServiceRevenueGrp/Desc3TENANT INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03127458
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt17279
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21802
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3141
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03127458
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt17279
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21802
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3141
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01243
IRS990/PYOtherExpensesAmt03300751
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02771027
IRS990/PYRevenuesLessExpensesAmt0-528481
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt03300751
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02772270
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-333179
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03136680
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01716915
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01826903
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03543818
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0865
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01243
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0942
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0503
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt05503
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt09056
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt03136680
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02770942
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02808947
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01153876
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0986798
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt010857243
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt090
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt085
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0175
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0865
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01243
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0942
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0503
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt05503
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt09056
IRS990ScheduleA/InvestmentIncomeCYPct00.00060
IRS990ScheduleA/InvestmentIncomePYPct00.00070
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99940
IRS990ScheduleA/PublicSupportPY509Pct00.99930
IRS990ScheduleA/PublicSupportTotal509Amt014401236
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03136770
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02771027
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02808947
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02870791
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02813701
IRS990ScheduleA/Total509Grp/TotalAmt014401236
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03137635
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02772270
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02809889
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02871294
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02819204
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt014410292
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt011409452
IRS990ScheduleD/BuildingsGrp/DepreciationAmt09159776
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt020569228
IRS990ScheduleD/EquipmentGrp/BookValueAmt0681317
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0842713
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01524030
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0141
IRS990ScheduleD/ExpensesSubtotalAmt03470673
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0474870
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0474870
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt078502
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1176721
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2301383
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt389077
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt4125000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt566542
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT/PATIENT DEPOSITS HELD IN TRU
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESIDUAL RECEIPTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4DEBT SERVICE RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5FINANCING FEES
IRS990ScheduleD/OtherExpensesNotIncludedAmt0141
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0312148
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0312148
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0141
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0141
IRS990ScheduleD/RevenueSubtotalAmt03137494
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TENANT SECURITY DEPOSITS ARE COLLECTED AT THE BEGINNING OF THE INITIAL LEASE PERIOD AND RELEASED UPON VACANCY OF TENANCY.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1MANAGEMENT HAS EVALUATED SIGNIFICANT TAX POSITIONS AGAINST THE CRITERIA ESTABLISHED BY PROFESSIONAL STANDARDS AND BELIEVES THERE ARE NO SUCH TAX POSITIONS REQUIRING ACCOUNTING RECOGNITION.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2TENANT FUND REVENUE NETTED WITH EXPENSES 141.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3TENANT FUND REVENUE NETTED WITH EXPENSES 141.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt012877787
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0837225
IRS990ScheduleD/TotalExpensesPerForm990Amt03470814
IRS990ScheduleD/TotalRevenuePerForm990Amt03137635
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03137494
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03470673
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IN ADDITION TO PROPERTY MANAGEMENT AND BOOKKEEPING SERVICES, MOUNT HOLYOKE MANAGEMENT ALSO PERFORMS THE INITIAL REVIEW OF FORM 990, HAS RESPONSIBILITY FOR CUSTODY OF THE ORGANIZATION'S FUNDS, AND PLANS BUDGETS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS INCLUDE ALL LESSEES WHO HAVE BEEN TENANTS FOR AT LEAST 30 DAYS. MEMBERS ELECT THE GOVERNING BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS (ADULT TENANTS OF THE DEVELOPMENT) ELECT THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTATION OF BOARD MINUTES WAS MAINTAINED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THERE WERE NO SEPARATE COMMITTEES OF THE BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FORM 990 IS REVIEWED BY THE ORGANIZATION'S ASSET MANAGER AND MEMBERS OF THE BOARD. A COPY OF FORM 990 IS DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FORM 990, PART VI, SECTION C. LINE 18: FORM 990 IS AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7FORM 990, PART VI, SECTION C, LINE 19: GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. REQUESTS SHOULD BE SUBMITTED TO KEYA HICKS, SPRING MEADOW ASSOCIATION OF RESPONSIBLE TENANTS, INC.; 28 CANNON CIRCLE, SPRINGFIELD, MA 01104
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE AMOUNTS INDICATED ON THE 990, PART VII WERE NOT FOR SERVICES PERFORMED IN THEIR CAPACITY AS A BOARD MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9THE OVERSIGHT AND SELECTION PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 8A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8PART VII, COLUMN (D)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt013891262
IRS990/TotalAssetsEOYAmt014081233
IRS990/TotalAssetsGrp/BOYAmt013891262
IRS990/TotalAssetsGrp/EOYAmt014081233
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0545306
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02925508
IRS990/TotalFunctionalExpensesGrp/TotalAmt03470814
IRS990/TotalGrossUBIAmt00

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$14,081,233
Liabilities
$17,308,074
Net assets
-$3,226,841
Revenue
$3,137,635
Expenses
$3,470,814
Net income
-$333,179
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.9$24.4$12.5$4.39$5.36$0.97
2023Detailed filing. Detailed filing data is available for this year.$12.9$24.4$11.5$4.50$5.16$0.66
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.7$24.5$10.9$4.20$4.68$0.48
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.3$24.7$10.4$4.12$4.83$0.71
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$15.2$24.8$9.67$3.97$4.94$0.96
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.3$25.0$8.71$3.77$5.56$1.79
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.1$25.1$6.92$3.35$5.46$2.11
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.4$25.2$4.81$3.44$4.87$1.43
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.2$19.6$3.38$3.46$3.61$0.15
2015Detailed filing. Detailed filing data is available for this year.$14.1$17.3$3.23$3.14$3.47$0.33
2014Detailed filing. Detailed filing data is available for this year.$13.9$16.8$2.89$2.77$3.30$0.53
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.4$16.7$2.37$2.81$2.98$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.7$16.9$2.18$3.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.3$17.3$2.04$3.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.6$17.9$2.32$2.74
Peer Organizations

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