Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
990 • Fiscal year 2024 • EIN 04-3159643
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
Liabilities / Revenue
95th percentile
Higher debt load relative to revenue than 95% of similar nonprofits.
Net Margin
11th percentile
Higher net margin than 11% of similar nonprofits.
Top Officer Pay
15th percentile
Higher top officer pay than 15% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
12th percentile
Faster asset growth than 12% of similar nonprofits.
Revenue Growth
28th percentile
Faster revenue growth than 28% of similar nonprofits.
Assets
Down$11,862,595
Down $1,016,463 (-7.9%) from 2023
Net Assets
Down-$12,488,788
Down $969,262 (-8.4%) from 2023
Liabilities
Down$24,351,383
Down $47,201 (-0.2%) from 2023
Revenue
Down$4,391,725
Down $106,974 (-2.4%) from 2023
Expenses
Up$5,360,987
Up $201,243 (+3.9%) from 2023
Net Income
Down-$969,262
Down $308,217 (-47%) from 2023
To own, rehabilitate and operate affordable housing in springfield ma.
To acquire, rehabilitate and operate an affordable housing project.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $11,348,335 | $10,376,171 | ▼ $972,164 |
| Savings and Temporary Cash Investments | $305,682 | - | - |
| Accounts Receivable | $139,237 | $193,722 | ▲ $54,485 |
| Prepaid Expenses and Deferred Charges | $217,458 | $106,101 | ▼ $111,357 |
| Cash and Non-Interest-Bearing Accounts | - | $95,249 | - |
| Total Assets | $12,879,058 | $11,862,595 | ▼ $1,016,463 |
| Other Assets Total | $868,346 | $1,091,352 | ▲ $223,006 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $24,144,675 | $23,982,648 | ▼ $162,027 |
| Accounts Payable and Accrued Expenses | $58,284 | $228,916 | ▲ $170,632 |
| Escrow Account Liability | $99,075 | $90,466 | ▼ $8,609 |
| Deferred Revenue | $96,550 | $49,353 | ▼ $47,197 |
| Total Liabilities | $24,398,584 | $24,351,383 | ▼ $47,201 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $-11,519,526 | $-12,488,788 | ▼ $969,262 |
| Total Net Assets Fund Balance | $-11,519,526 | $-12,488,788 | ▼ $969,262 |
| Total Liabilities and Net Assets / Fund Balance | $12,879,058 | $11,862,595 | ▼ $1,016,463 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $9,026,724 | $18,381,636 | $27,408,360 |
| Equipment | $582,657 | $2,195,805 | $2,778,462 |
| Other Land Buildings | $291,920 | $2,253,174 | $2,545,094 |
| Land | $474,870 | - | $474,870 |
| Other Assets Org | $6,654 | - | - |
| Name | Title |
|---|---|
| Keya Hicks | President |
| Ann Jamison | Director |
| Christopher Alvarez | Director |
| Laura Velazquez | Director |
| Quintasha Faniel | Director |
| Raven Colon | Clerk/secret |
| Marisabel Colon | Vice Pres./t |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Fjm Home Construction | Flooring | 4 TRACY STREET, Springfield, MA 01104 | $175,086 |
| - | Mgmt Agent | 380 MAIN STREET, Wilbraham, MA 01095 | $120,538 |
| Line Item | Amount |
|---|---|
| Other Expenses | $5,360,987 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Depreciation Depletion | $1,007,465 | - | - | $1,007,465 |
| Occupancy | $987,055 | - | - | $987,055 |
| Insurance | $663,062 | - | - | $663,062 |
| Interest | $351,900 | - | - | $351,900 |
| Fees for Services Management | - | $211,814 | - | $211,814 |
| All Other Expenses | $107,171 | $51,346 | - | $158,517 |
| Other Expenses | $118,542 | $724,362 | - | $118,542 |
| Office Expenses | $111,837 | - | - | $111,837 |
| Fees for Services Legal | $99,621 | - | - | $99,621 |
| Fees for Services Accounting | - | $39,603 | - | $39,603 |
| Fees for Services Other | - | $1,800 | - | $1,800 |
| Advertising | $1,074 | - | - | $1,074 |
| Total Functional Expenses | $4,332,062 | $1,028,925 | $0 | $5,360,987 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $5,361,912 |
| Expenses per Audited Statements | $5,360,987 |
| Total Expenses per Form 990 | $5,360,987 |
| Expenses Not Reported on Form 990 | $925 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Marisabel colon raven jenkins-colon vice pres/tr clerk/secret family relationship keya hicks chris alvarez president director family relationship”
“In addition to property management and bookkeeping services, carrasquillo management also preforms the initial review of form 990, has responsibility for custody of the organization's funds, and plans budgets.”
“Members include all lessees who have been tenants for at least 30 days. Members elect the governing board of directors.”
“Members (adult tenants of the development) elect the board of directors.”
“There were no separate comittees of the board”
“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.”
“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”
“Loss on disposal of assets 27,550 bad debt recoveries -26,625 loss on disposal of assets -27,550 bad debt recoveries 26,625”
“The project is exempt from federal and state income taxes under section 501(c)(3) of the internal revenue code. The project has been classified as an organization that is not a private foundation under section 509(a)(2). Management has evaluated significant tax positions against the criteria established by professional standards, including the project's tax-exempt status, and believes there are no such tax positions requiring accounting recognition. The project's informational returns are subject to examination by taxing authorities for all years ending on or after september 30, 2021.”
“Loss on disposal of assets -27,550 bad debt recoveries 26,625”
“Loss on disposal of assets 27,550 bad debt recoveries -26,625”
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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 58284 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 228916 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 139237 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 193722 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | TO ACQUIRE, REHABILITATE AND OPERATE AN AFFORDABLE HOUSING PROJECT. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 1074 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 1074 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 51346 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 107171 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 158517 |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | CARRASQUILLO MANAGEMENT LLC |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 4133554909 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 380 MAIN ST |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | WILBRAHAM |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 01095 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 95249 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 2 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | false |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 175086 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 1 | 120538 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 4 TRACY STREET |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 1 | 380 MAIN STREET |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | SPRINGFIELD |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 1 | WILBRAHAM |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 1 | MA |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 01104 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 1 | 01095 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | FJM HOME CONSTRUCTION |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine2Txt | 0 | FJM HOME CONSTRUCTION |
| IRS990/ContractorCompensationGrp/ContractorName/PersonNm | 0 | CARRASQUILLO MANAGEMENT |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | FLOORING |
| IRS990/ContractorCompensationGrp/ServicesDesc | 1 | MGMT AGENT |
| IRS990/CreditCounselingInd | 0 | true |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | -19540 |
| IRS990/CYOtherExpensesAmt | 0 | 5360987 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 4411265 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -969262 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 5360987 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 4391725 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 96550 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 49353 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | true |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 1007465 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 1007465 |
| IRS990/Desc | 0 | TO 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/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/EscrowAccountLiabilityGrp/BOYAmt | 0 | 99075 |
| IRS990/EscrowAccountLiabilityGrp/EOYAmt | 0 | 90466 |
| IRS990/ExpenseAmt | 0 | 4332062 |
| IRS990/FamilyOrBusinessRlnInd | 0 | true |
| IRS990/FederalGrantAuditPerformedInd | 0 | true |
| IRS990/FederalGrantAuditRequiredInd | 0 | true |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 39603 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 39603 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 99621 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 99621 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 211814 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 211814 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 1800 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 1800 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | KEYA HICKS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | MARISABEL COLON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | RAVEN COLON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | ANN JAMISON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | CHRISTOPHER ALVAREZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | LAURA VELAZQUEZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | QUINTASHA FANIEL |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE PRES./T |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | CLERK/SECRET |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1991 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GainOrLossGrp/OtherAmt | 0 | -27550 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 4419275 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 7 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 663062 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 663062 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 351900 |
| IRS990/InterestGrp/TotalAmt | 0 | 351900 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 8010 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 8010 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 22 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 22830615 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 11348335 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 10376171 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 33206786 |
| IRS990/LegalDomicileStateCd | 0 | MA |
| IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt | 0 | 27550 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | false |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | TO OWN, REHABILITATE AND OPERATE AN AFFORDABLE HOUSING PROJECT. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 24144675 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 23982648 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | -11519526 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | -12488788 |
| IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt | 0 | -27550 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | -27550 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | -11519526 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | -12488788 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 987055 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 987055 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 111837 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 111837 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 868346 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 1091352 |
| IRS990/OtherExpensesGrp/Desc | 0 | ALLOCATED MANAGEMENT FEE |
| IRS990/OtherExpensesGrp/Desc | 1 | REPAIRS AND MAINTENANCE |
| IRS990/OtherExpensesGrp/Desc | 2 | CONTRACTS |
| IRS990/OtherExpensesGrp/Desc | 3 | ENTITY EXPENSE |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 724362 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 632880 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 251455 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 118542 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 724362 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 632880 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 251455 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 118542 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 217458 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 106101 |
| IRS990/PrincipalOfficerNm | 0 | KEYA HICKS |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531110 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 531390 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 531110 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 531390 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | RENTAL INCOME |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | TENANT FUND REVENUE |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | BAD DEBT RECOVERIES |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | TENANT CHARGES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 4248002 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 117900 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 26625 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | 18738 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 4248002 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 117900 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 26625 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 18738 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 143074 |
| IRS990/PYOtherExpensesAmt | 0 | 5159744 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 4355625 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -661045 |
| IRS990/PYTotalExpensesAmt | 0 | 5159744 |
| IRS990/PYTotalRevenueAmt | 0 | 4498699 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -969262 |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | true |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 4411265 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 305682 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt | 0 | 20294 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt | 0 | 27646 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt | 0 | 18058 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt | 0 | 20706 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt | 0 | 13175 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 99879 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 8010 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 5494 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1394 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1005 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 553 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 16456 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 4411265 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 4355625 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 4199301 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 4116323 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 3973085 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 21055599 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 8010 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 5494 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 1394 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 1005 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 553 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 16456 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99450 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99510 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 20955720 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt | 0 | 20294 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt | 0 | 27646 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt | 0 | 18058 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt | 0 | 20706 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt | 0 | 13175 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 99879 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 4411265 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 4355625 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 4199301 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 4116323 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 3973085 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 21055599 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 4419275 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 4361119 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 4200695 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 4117328 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 3973638 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 21072055 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/AgentTrusteeEtcInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 9026724 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 18381636 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 27408360 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 582657 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 2195805 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 2778462 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 925 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 5360987 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/InclEscrowCustodialAcctLiabInd | 0 | false |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 474870 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 474870 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 438225 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 389266 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 2 | 126478 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 3 | 97846 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 4 | 32883 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 5 | 6654 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | REPLACEMENT RESERVE |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | RESIDUAL RECEIPTS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 2 | OTHER RESERVE |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 3 | TENANT DEPOSITS HELD IN TRUST |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 4 | ESCROW DEPOSITS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 5 | FINANCING FEES |
| IRS990ScheduleD/OtherExpensesIncludedAmt | 0 | 925 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 291920 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 2253174 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 2545094 |
| IRS990ScheduleD/OtherRevenuesNotIncludedAmt | 0 | -925 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | -925 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 4392650 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE PROJECT IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE PROJECT HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). MANAGEMENT HAS EVALUATED SIGNIFICANT TAX POSITIONS AGAINST THE CRITERIA ESTABLISHED BY PROFESSIONAL STANDARDS, INCLUDING THE PROJECT'S TAX-EXEMPT STATUS, AND BELIEVES THERE ARE NO SUCH TAX POSITIONS REQUIRING ACCOUNTING RECOGNITION. THE PROJECT'S INFORMATIONAL RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR ALL YEARS ENDING ON OR AFTER SEPTEMBER 30, 2021. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | LOSS ON DISPOSAL OF ASSETS -27,550 BAD DEBT RECOVERIES 26,625 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 2 | LOSS ON DISPOSAL OF ASSETS 27,550 BAD DEBT RECOVERIES -26,625 |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 3, PART X |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE D, PAGE 4, PART XI, LINE 4B |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | SCHEDULE D, PAGE 4, PART XII, LINE 2D |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 10376171 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 1091352 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 5360987 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 4391725 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 4392650 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 5361912 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | MARISABEL COLON RAVEN JENKINS-COLON VICE PRES/TR CLERK/SECRET FAMILY RELATIONSHIP KEYA HICKS CHRIS ALVAREZ PRESIDENT DIRECTOR FAMILY RELATIONSHIP |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | IN ADDITION TO PROPERTY MANAGEMENT AND BOOKKEEPING SERVICES, CARRASQUILLO MANAGEMENT ALSO PREFORMS THE INITIAL REVIEW OF FORM 990, HAS RESPONSIBILITY FOR CUSTODY OF THE ORGANIZATION'S FUNDS, AND PLANS BUDGETS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | MEMBERS INCLUDE ALL LESSEES WHO HAVE BEEN TENANTS FOR AT LEAST 30 DAYS. MEMBERS ELECT THE GOVERNING BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | MEMBERS (ADULT TENANTS OF THE DEVELOPMENT) ELECT THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THERE WERE NO SEPARATE COMITTEES OF THE BOARD |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | 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/ExplanationTxt | 7 | LOSS ON DISPOSAL OF ASSETS 27,550 BAD DEBT RECOVERIES -26,625 LOSS ON DISPOSAL OF ASSETS -27,550 BAD DEBT RECOVERIES 26,625 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 6, PART VI, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 8B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART XI, LINE 9 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | MA |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 12879058 |
| IRS990/TotalAssetsEOYAmt | 0 | 11862595 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 12879058 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 11862595 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 1028925 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 4332062 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 5360987 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 24398584 |
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Displayed year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.