Civic Intelligence

Spring Meadows Association of Responsible Tenants Inc.

990 • Fiscal year 2016 • EIN 04-3159643

Oct 01, 2015 to Sep 30, 2016 • Filed on Feb 14, 2017

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

1.21x

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

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

94th percentile

5.66x

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

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

24th percentile

-4.4%

Higher net margin than 24% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

12th percentile

$5,947

Higher top officer pay than 12% of similar nonprofits.

Top officer pay equals 0.2% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

82nd percentile

15%

Faster asset growth than 82% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

69th percentile

10%

Faster revenue growth than 69% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Up

$16,215,440

Up $2,134,207 (+15%) from 2015

Net Assets

Down

-$3,380,243

Down $153,402 (-4.8%) from 2015

Liabilities

Up

$19,595,683

Up $2,287,609 (+13%) from 2015

Revenue

Up

$3,459,211

Up $321,576 (+10%) from 2015

Expenses

Up

$3,612,613

Up $141,799 (+4.1%) from 2015

Net Income

Up

-$153,402

Up $179,777 (+54%) from 2015

Historical Trend

Balance Sheet Trend

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

2016

Assets$16,215,440
Liabilities$19,595,683
Net Assets-$3,380,243

Operations Trend

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

2016

Revenue$3,459,211
Expenses$3,612,613
Net Income-$153,402
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Feb 14, 2017
Return Version
2015v3.0
Gross Receipts
$3,459,211
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$12,877,787$14,776,741▲ $1,898,954
Cash and Non-Interest-Bearing Accounts$185,482$184,538▼ $944
Accounts Receivable$109,189$156,844▲ $47,655
Prepaid Expenses and Deferred Charges$71,550$72,696▲ $1,146
Total Assets$14,081,233$16,215,440▲ $2,134,207
Other Assets Total$837,225$1,024,621▲ $187,396
Liabilities
Mortgage Notes Payable Secured by Investment Property$17,105,756$19,463,492▲ $2,357,736
Escrow Account Liability$78,499$71,536▼ $6,963
Deferred Revenue$34,424$43,621▲ $9,197
Accounts Payable and Accrued Expenses$89,395$17,034▼ $72,361
Total Liabilities$17,308,074$19,595,683▲ $2,287,609
Net Assets / Fund Balance
Unrestricted Net Assets$-3,226,841$-3,380,243▼ $153,402
Total Net Assets Fund Balance$-3,226,841$-3,380,243▼ $153,402
Total Liabilities and Net Assets / Fund Balance$14,081,233$16,215,440▲ $2,134,207

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,723,592$9,875,518$20,599,110
Other Land Buildings$2,860,136-$2,860,136
Equipment$718,143$1,035,867$1,754,010
Land$474,870-$474,870
Other Assets Org$59,888--
Compensation and Service Providers

Employees

NameTitleBaseTotal
Marisabel ColonVice President/ Treasurer$5,947$5,947
Sarah CruzadoDirector$3,010$3,010
Raven Jenkins-colonDirector (start 7/2016)$760$760

Board Members and Trustees

NameTitle
Keya HicksPresident
Ann JamisonDirector
Pura SantanaDirector
Chris AlvarezDirector (start 7/2016)

Highest Paid Contractors

ContractorServicesLocationCompensation
Mount Holyoke ManagementManagement Agent667 MAIN STREET, Holyoke, MA 01040$655,081
Fjm Home ConstructionConstruction4 TRACY STREET, Springfield, MA 01104$167,349
Santa Enterprise INCLandscaping83 MAGAZINE STREET, Springfield, MA 01109$157,770
River Valley PropertiesConstruction667 MAIN STREET, Holyoke, MA 01040$134,396
Roy S BrownArchitect85 CHILSON ROAD, Wilbraham, MA 01095$106,347
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,180,565
Investment Income
$1,067
Other Revenue
$277,579
Change in Net Assets
$-153,402

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,459,211
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,459,211
Total Revenue per Form 990
$3,459,211
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,612,613
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$1,501,604--$1,501,604
Depreciation Depletion$915,550--$915,550
Insurance$225,908--$225,908
Fees for Services Management-$164,000-$164,000
Fees for Services Legal-$79,293-$79,293
Office Expenses-$58,154-$58,154
Other Expenses$89,124$34,813-$34,813
Fees for Services Other-$17,302-$17,302
Fees for Services Accounting-$12,000-$12,000
All Other Expenses$4,311--$4,311
Advertising-$3,306-$3,306
Interest$55--$55
Total Functional Expenses$3,035,603$577,010$0$3,612,613

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,612,613
Total Expenses per Audited Statements$3,612,613
Total Expenses per Form 990$3,612,613
Expenses Not Reported on Financial Statements$0
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 2

Marisabel colon (vice president/treasurer) and raven jenkins-colon (director) have a family relationship.

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
2017-02-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Keya Hicks
Formed
1991
Legal Domicile
Ma
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

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

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.

Raw XML AppendixShowing 400 of 489 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/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR (START 7/2016)
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IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd00
IRS990/MissionDesc0TO OWN, REHABILITATE AND OPERATE AFFORDABLE HOUSING IN SPRINGFIELD MA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt017105756
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt019463492
IRS990/NetAssetsOrFundBalancesBOYAmt0-3226841
IRS990/NetAssetsOrFundBalancesEOYAmt0-3380243
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt01501604
IRS990/OccupancyGrp/TotalAmt01501604
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt058154
IRS990/OfficeExpensesGrp/TotalAmt058154
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0837225
IRS990/OtherAssetsTotalGrp/EOYAmt01024621
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PURCHASED SERVICES
IRS990/OtherExpensesGrp/Desc1TENANT ACTIVITY
IRS990/OtherExpensesGrp/Desc2MISC ADMIN
IRS990/OtherExpensesGrp/Desc3BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0155241
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt152901
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt234813
IRS990/OtherExpensesGrp/ProgramServicesAmt0299051
IRS990/OtherExpensesGrp/ProgramServicesAmt189124
IRS990/OtherExpensesGrp/TotalAmt0454292
IRS990/OtherExpensesGrp/TotalAmt189124
IRS990/OtherExpensesGrp/TotalAmt252901
IRS990/OtherExpensesGrp/TotalAmt334813
IRS990/OtherRevenueMiscGrp/BusinessCd0621990
IRS990/OtherRevenueMiscGrp/BusinessCd1531390
IRS990/OtherRevenueMiscGrp/Desc0INSURANCE PROCEEDS
IRS990/OtherRevenueMiscGrp/Desc1LAUNDRY INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt0277529
IRS990/OtherRevenueMiscGrp/ExclusionAmt150
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0277529
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt150
IRS990/OtherRevenueTotalAmt0277579
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt071550
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt072696
IRS990/PrincipalOfficerNm0KEYA HICKS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/BusinessCd2531390
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1TENANT CHARGES
IRS990/ProgramServiceRevenueGrp/Desc2OTHER INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03163108
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt117295
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2162
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03163108
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt117295
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2162
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0865
IRS990/PYOtherExpensesAmt03470814
IRS990/PYOtherRevenueAmt090
IRS990/PYProgramServiceRevenueAmt03136680
IRS990/PYRevenuesLessExpensesAmt0-333179
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt03470814
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03137635
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-153402
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03180565
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt023878
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt023878
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01716915
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01716915
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01067
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0865
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01243
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0942
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0503
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt04620
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt03180565
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt03136680
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02770942
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt02808947
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01153876
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt013051010
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt050
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt090
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt085
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0225
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01067
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0865
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01243
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0942
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0503
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt04620
IRS990ScheduleA/InvestmentIncomeCYPct00.00030
IRS990ScheduleA/InvestmentIncomePYPct00.00060
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99810
IRS990ScheduleA/PublicSupportPY509Pct00.99940
IRS990ScheduleA/PublicSupportTotal509Amt014744272
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt023878
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt023878
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03180615
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt03136770
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02771027
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02808947
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02870791
IRS990ScheduleA/Total509Grp/TotalAmt014768150
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03181682
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt03137635
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02772270
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02809889
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02871294
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt014772770
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt010723592
IRS990ScheduleD/BuildingsGrp/DepreciationAmt09875518
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt020599110
IRS990ScheduleD/EquipmentGrp/BookValueAmt0718143
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01035867
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01754010
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03612613
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0474870
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0474870
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt071544
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1265194
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2413784
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt389211
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt4125000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt559888
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/OtherLandBuildingsGrp/BookValueAmt02860136
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02860136
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03459211
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/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt014776741
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01024621
IRS990ScheduleD/TotalExpensesPerForm990Amt03612613
IRS990ScheduleD/TotalRevenuePerForm990Amt03459211
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03459211
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03612613
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MARISABEL COLON (VICE PRESIDENT/TREASURER) AND RAVEN JENKINS-COLON (DIRECTOR) HAVE A FAMILY RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IN 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/ExplanationTxt2MEMBERS INCLUDE ALL LESSEES WHO HAVE BEEN TENANTS FOR AT LEAST 30 DAYS. MEMBERS ELECT THE GOVERNING BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEMBERS (ADULT TENANTS OF THE DEVELOPMENT) ELECT THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO DOCUMENTATION OF BOARD MINUTES WAS MAINTAINED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THERE WERE NO SEPARATE COMMITTEES OF THE BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE 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/ExplanationTxt7FORM 990, PART VI, SECTION C. LINE 18: FORM 990 IS AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8FORM 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/ExplanationTxt9THE AMOUNTS INDICATED ON THE 990, PART VII WERE NOT FOR SERVICES PERFORMED IN THEIR CAPACITY AS A BOARD MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 3

Document Assets

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Filings

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
2016Detailed filing. Detailed filing data is available for this year.$16.2$19.6$3.38$3.46$3.61$0.15
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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