Civic Intelligence

Spring Meadows Association of Responsible Tenants Inc.

990 • Fiscal year 2019 • EIN 04-3159643

Oct 01, 2018 to Sep 30, 2019 • Filed on Feb 05, 2020

Organization ProfileN/A
176 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

98th percentile

1.54x

Higher debt load relative to assets than 98% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

95th percentile

6.63x

Higher debt load relative to revenue than 95% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

6th percentile

-48%

Higher net margin than 6% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

13th percentile

$0

Higher top officer pay than 13% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

7th percentile

-10%

Faster asset growth than 7% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

70th percentile

12%

Faster revenue growth than 70% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$16,258,992

Down $1,872,980 (-10%) from 2018

Net Assets

Down

-$8,708,954

Down $1,790,321 (-26%) from 2018

Liabilities

Down

$24,967,946

Down $82,659 (-0.3%) from 2018

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin6th percentile

Revenue

Up

$3,768,709

Up $414,653 (+12%) from 2018

Expenses

Up

$5,559,030

Up $99,549 (+1.8%) from 2018

Net Income

Up

-$1,790,321

Up $315,104 (+15%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth7th 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

2019

Assets$16,258,992
Liabilities$24,967,946
Net Assets-$8,708,954
Open 2019 Filing

Operations Trend

Revenue Growth70th 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

2019

Revenue$3,768,709
Expenses$5,559,030
Net Income-$1,790,321
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Feb 5, 2020
Return Version
2018v3.1
Gross Receipts
$3,768,709
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$17,325,032$15,636,197▼ $1,688,835
Savings and Temporary Cash Investments$116,100$140,562▲ $24,462
Accounts Receivable$70,793$60,618▼ $10,175
Prepaid Expenses and Deferred Charges$65,683$57,278▼ $8,405
Total Assets$18,131,972$16,258,992▼ $1,872,980
Other Assets Total$554,364$364,337▼ $190,027
Liabilities
Mortgage Notes Payable Secured by Investment Property$24,871,671$24,750,782▼ $120,889
Escrow Account Liability$80,805$84,158▲ $3,353
Deferred Revenue$35,106$68,202▲ $33,096
Accounts Payable and Accrued Expenses$63,023$64,804▲ $1,781
Total Liabilities$25,050,605$24,967,946▼ $82,659
Net Assets / Fund Balance
Unrestricted Net Assets$-6,918,633$-8,708,954▼ $1,790,321
Total Net Assets Fund Balance$-6,918,633$-8,708,954▼ $1,790,321
Total Liabilities and Net Assets / Fund Balance$18,131,972$16,258,992▼ $1,872,980

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$13,646,340$14,109,942$27,756,282
Equipment$1,514,987$3,074,922$4,589,909
Land$474,870-$474,870
Compensation and Service Providers
Top Officer Pay13th percentile

Board Members and Trustees

NameTitle
Keya HicksPresident
Marisabel ColonVice President/ Treasurer
Ann JamisonDirector
Chris AlvarezDirector
Laura VelazquezDirector
Raven ColonClerk/secretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Mount Holyoke ManagementManagement Agent667 MAIN STREET, Holyoke, MA 01040$804,575
Interstate Plumbing & HeatingMaintenance667 MAIN STREET, Holyoke, MA 01040$407,630
Cecelia Pastor Reyes Dba Fjm Home CConstruction4 TRACY STREET, Springfield, MA 01104$118,080
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,768,153
Investment Income
$556
Other Revenue
$0
Change in Net Assets
$-1,790,321

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,768,709
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,768,709
Total Revenue per Form 990
$3,768,709
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,559,030
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
Depreciation Depletion$2,133,123--$2,133,123
Occupancy$1,412,637--$1,412,637
Interest$409,065--$409,065
Insurance$374,723--$374,723
Fees for Services Management-$171,108-$171,108
Fees for Services Legal-$117,554-$117,554
Office Expenses-$69,271-$69,271
Other Expenses$131,788$25,035-$25,035
Fees for Services Other-$17,302-$17,302
Fees for Services Accounting-$12,000-$12,000
All Other Expenses$3,606--$3,606
Advertising-$309-$309
Total Functional Expenses$4,831,998$727,032$0$5,559,030

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,559,030
Total Expenses per Audited Statements$5,559,030
Total Expenses per Form 990$5,559,030
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. Keya hicks (president) and chris alvarez (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 8B

“There were no separate committees of the board”

Form 990, Part VI, Section B, Line 11B

“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.; 176 cannon circle, springfield, ma 01104”

Filing and Contact Details

Filer

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

Signing Officer

Name
Keya Hicks
Title
President
Phone
4137835250
Signed
2020-02-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Keya Hicks
Formed
1991
Legal Domicile
Ma
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

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 organization did not change its audit oversight process or selection process during the 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.”

Raw XML AppendixShowing 400 of 460 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt063023
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt064804
IRS990/AccountsReceivableGrp/BOYAmt070793
IRS990/AccountsReceivableGrp/EOYAmt060618
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO ACQUIRE, REHABILITATE AND OPERATE AN AFFORDABLE HOUSING PROJECT.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0309
IRS990/AdvertisingGrp/TotalAmt0309
IRS990/AllOtherExpensesGrp/ProgramServicesAmt03606
IRS990/AllOtherExpensesGrp/TotalAmt03606
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MOUNT HOLYOKE MANAGEMENT
IRS990/BooksInCareOfDetail/PhoneNum04135340955
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0667 MAIN STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0HOLYOKE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd001040
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt03
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0804575
IRS990/ContractorCompensationGrp/CompensationAmt1407630
IRS990/ContractorCompensationGrp/CompensationAmt2118080
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0667 MAIN STREET
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1667 MAIN STREET
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt24 TRACY STREET
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0HOLYOKE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1HOLYOKE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2SPRINGFIELD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1MA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2MA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd001040
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd101040
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd201104
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0MOUNT HOLYOKE MANAGEMENT
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1INTERSTATE PLUMBING & HEATING
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2CECELIA PASTOR REYES DBA FJM HOME C
IRS990/ContractorCompensationGrp/ServicesDesc0MANAGEMENT AGENT
IRS990/ContractorCompensationGrp/ServicesDesc1MAINTENANCE
IRS990/ContractorCompensationGrp/ServicesDesc2CONSTRUCTION
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0556
IRS990/CYOtherExpensesAmt05559030
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt03768153
IRS990/CYRevenuesLessExpensesAmt0-1790321
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt05559030
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03768709
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt035106
IRS990/DeferredRevenueGrp/EOYAmt068202
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt02133123
IRS990/DepreciationDepletionGrp/TotalAmt02133123
IRS990/Desc0TO PROVIDE AFFORDABLE HOUSING AND RESIDENT SERVICES PROGRAM TO LOW INCOME FAMILIES. THERE ARE 270 UNITS ALL TWO AND THREE BEDROOM TOWNHOUSES ALL OCCUPIED BY FAMILIES WITH CHILDREN.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt080805
IRS990/EscrowAccountLiabilityGrp/EOYAmt084158
IRS990/ExpenseAmt04831998
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt012000
IRS990/FeesForServicesAccountingGrp/TotalAmt012000
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0117554
IRS990/FeesForServicesLegalGrp/TotalAmt0117554
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0171108
IRS990/FeesForServicesManagementGrp/TotalAmt0171108
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt017302
IRS990/FeesForServicesOtherGrp/TotalAmt017302
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0KEYA HICKS
IRS990/Form990PartVIISectionAGrp/PersonNm1MARISABEL COLON
IRS990/Form990PartVIISectionAGrp/PersonNm2ANN JAMISON
IRS990/Form990PartVIISectionAGrp/PersonNm3CHRIS ALVAREZ
IRS990/Form990PartVIISectionAGrp/PersonNm4RAVEN COLON
IRS990/Form990PartVIISectionAGrp/PersonNm5LAURA VELAZQUEZ
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT/ TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4CLERK/SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01991
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03768709
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt0374723
IRS990/InsuranceGrp/TotalAmt0374723
IRS990/InterestGrp/ProgramServicesAmt0409065
IRS990/InterestGrp/TotalAmt0409065
IRS990/InvestmentIncomeGrp/ExclusionAmt0556
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0556
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt025
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt017184864
IRS990/LandBldgEquipBasisNetGrp/BOYAmt017325032
IRS990/LandBldgEquipBasisNetGrp/EOYAmt015636197
IRS990/LandBldgEquipCostOrOtherBssAmt032821061
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO OWN, REHABILITATE AND OPERATE AFFORDABLE HOUSING IN SPRINGFIELD MA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt024871671
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt024750782
IRS990/NetAssetsOrFundBalancesBOYAmt0-6918633
IRS990/NetAssetsOrFundBalancesEOYAmt0-8708954
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt01412637
IRS990/OccupancyGrp/TotalAmt01412637
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt069271
IRS990/OfficeExpensesGrp/TotalAmt069271
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0554364
IRS990/OtherAssetsTotalGrp/EOYAmt0364337
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PURCHASED SERVICES
IRS990/OtherExpensesGrp/Desc1TENANT ACTIVITY
IRS990/OtherExpensesGrp/Desc2MISC ADMIN
IRS990/OtherExpensesGrp/Desc3BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0225866
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt188587
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt225035
IRS990/OtherExpensesGrp/ProgramServicesAmt0367056
IRS990/OtherExpensesGrp/ProgramServicesAmt1131788
IRS990/OtherExpensesGrp/TotalAmt0592922
IRS990/OtherExpensesGrp/TotalAmt1131788
IRS990/OtherExpensesGrp/TotalAmt288587
IRS990/OtherExpensesGrp/TotalAmt325035
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt065683
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt057278
IRS990/PrincipalOfficerNm0KEYA HICKS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/BusinessCd2531390
IRS990/ProgramServiceRevenueGrp/BusinessCd3531390
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1OTHER INCOME
IRS990/ProgramServiceRevenueGrp/Desc2TENANT FUND REVENUE
IRS990/ProgramServiceRevenueGrp/Desc3TENANT CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03431474
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1183773
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2130776
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt322130
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03431474
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1183773
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2130776
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt322130
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0846
IRS990/PYOtherExpensesAmt05459481
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt03353210
IRS990/PYRevenuesLessExpensesAmt0-2105425
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt05459481
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03354056
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-1790321
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03768153
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0116100
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0140562
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt011400
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt015171
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt016586
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt023878
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt067035
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0556
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0846
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01137
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01067
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0865
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt04471
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt03768153
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt03353210
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt03304816
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt03180565
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt03136680
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt016743424
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt040
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt050
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt090
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0180
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0556
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0846
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01137
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01067
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0865
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt04471
IRS990ScheduleA/InvestmentIncomeCYPct00.00030
IRS990ScheduleA/InvestmentIncomePYPct00.00030
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99570
IRS990ScheduleA/PublicSupportPY509Pct00.99610
IRS990ScheduleA/PublicSupportTotal509Amt016676569
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt011400
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt015171
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt016586
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt023878
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt067035
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03768153
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt03353210
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt03304856
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt03180615
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt03136770
IRS990ScheduleA/Total509Grp/TotalAmt016743604
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03768709
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt03354056
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt03305993
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt03181682
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt03137635
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt016748075
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt013646340
IRS990ScheduleD/BuildingsGrp/DepreciationAmt014109942
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt027756282
IRS990ScheduleD/EquipmentGrp/BookValueAmt01514987
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03074922
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04589909
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt05559030
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0474870
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0474870
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03768709
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/TotalBookValueLandBuildingsAmt015636197
IRS990ScheduleD/TotalExpensesPerForm990Amt05559030
IRS990ScheduleD/TotalRevenuePerForm990Amt03768709
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03768709
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05559030
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MARISABEL COLON (VICE PRESIDENT/TREASURER) AND RAVEN JENKINS-COLON (DIRECTOR) HAVE A FAMILY RELATIONSHIP. KEYA HICKS (PRESIDENT) AND CHRIS ALVAREZ (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/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.; 176 CANNON CIRCLE, SPRINGFIELD, MA 01104
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE ORGANIZATION DID NOT CHANGE ITS AUDIT OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt018131972
IRS990/TotalAssetsEOYAmt016258992
IRS990/TotalAssetsGrp/BOYAmt018131972
IRS990/TotalAssetsGrp/EOYAmt016258992
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0727032
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04831998
IRS990/TotalFunctionalExpensesGrp/TotalAmt05559030
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt025050605
IRS990/TotalLiabilitiesEOYAmt024967946
IRS990/TotalLiabilitiesGrp/BOYAmt025050605
IRS990/TotalLiabilitiesGrp/EOYAmt024967946
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-6918633
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-8708954
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt04831998

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,258,992
Liabilities
$24,967,946
Net assets
-$8,708,954
Revenue
$3,768,709
Expenses
$5,559,030
Net income
-$1,790,321
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
2019Detailed filing. Detailed filing data is available for this year.$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
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