Fourth Association Properties Inc.

990EZ • Fiscal year 2013 • EIN 04-3174043

Jul 01, 2012 to Jun 30, 2013 • Filed on Oct 31, 2013

Organization Profile N/A

995 Worthington StreetChicopee, MA 01109

Siviq Scores

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

2.18x

Higher debt load relative to assets than 97% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

12.91x

Higher debt load relative to revenue than 99% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

-54%

Higher net margin than 7% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

No value available

This filing does not contain officer compensation rows.

Source year 2013

-7.7%

Faster asset growth than 32% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

12%

Faster revenue growth than 65% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Balance Sheet

Liabilities / Assets97th percentile

Assets

Down

$140,613

Down $11,649 (-7.7%) from 2012

Net Assets

Down

-$165,910

Down $12,926 (-8.4%) from 2012

Liabilities

$306,523

Up $1,277 (+0.4%) from 2012

Revenue And Expenses

Liabilities / Revenue99th percentile Net Margin7th percentile

Revenue

$23,735

Up $2,629 (+12%) from 2012

Expenses

$36,661

Up $4,277 (+13%) from 2012

Net Income

Down

-$12,926

Down $1,648 (-15%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth32nd percentile

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

Highlighted filing

2013

Assets$140,613

Liabilities$306,523

Net Assets-$165,910

Open 2013 Filing

Operations Trend

Revenue Growth65th percentile

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

Highlighted filing

2013

Revenue$23,735

Expenses$36,661

Net Income-$12,926

Open 2013 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2012 to Jun 30, 2013
Signed: Oct 31, 2013
Return Version: 2012v2.1

Mission and Program Overview

Mission

The organization provides residential and support services that promote independence, community engagement, wellness and recovery for people with disabilities and other vulnerable individuals.

Filing and Contact Details

Filer

EIN: 04-3174043

Raw XML Appendix186 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
IRS990EZ/ActivitiesNotPreviouslyRpt	0	0
IRS990EZ/AmountOfTaxImposedOnOrgMgr	0	0
IRS990EZ/AmountOfTaxReimbursedByOrg	0	0
IRS990EZ/CashSavingsAndInvestments/BOY	0	33799
IRS990EZ/CashSavingsAndInvestments/EOY	0	33393
IRS990EZ/ContributionsGiftsGrantsEtc	0	14693
IRS990EZ/DirectIndirectPoliticalExpend	0	0
IRS990EZ/DoesOrgHaveHospital	0	0
IRS990EZ/EngagedInExcessBenefitTrans	0	0
IRS990EZ/EngageInLobbyingActivities	0	0
IRS990EZ/EngagePoliticalCmpgnActivities	0	0
IRS990EZ/ExcessOrDeficitForYear	0	-12926
IRS990EZ/FeesAndOthPymtToIndContractors	0	3713
IRS990EZ/FiledScheduleA	0	1
IRS990EZ/ForeignFinancialAccount	0	0
IRS990EZ/ForeignOffice	0	0
IRS990EZ/GrossReceipts	0	23735
IRS990EZ/InfoInScheduleOPartI	0	X
IRS990EZ/InfoInScheduleOPartII	0	X
IRS990EZ/InfoInScheduleOPartIII	0	X
IRS990EZ/InfoInScheduleOPartV	0	X
IRS990EZ/InvestmentIncome	0	17
IRS990EZ/LandAndBuildings/BOY	0	115203
IRS990EZ/LandAndBuildings/EOY	0	104243
IRS990EZ/MadeChangesToOrgnzngEtcDoc	0	0
IRS990EZ/MadeLoansToFromOfficers	0	0
IRS990EZ/MaintainAnyDonorAdvisedFunds	0	0
IRS990EZ/MethodOfAccountingAccrual	0	X
IRS990EZ/NetAssetsOrFundBalances/BOY	0	-152984
IRS990EZ/NetAssetsOrFundBalancesBOY	0	-152984
IRS990EZ/NetAssetsOrFundBalances/EOY	0	-165910
IRS990EZ/NetAssetsOrFundBalancesEOY	0	-165910
IRS990EZ/OccupancyRentUtilitiesAndMaint	0	24719
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	0	1.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	1	1.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	2	1.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	3	1.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	4	40.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	0	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	1	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	2	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	3	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	4	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc	0	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc	1	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc	2	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc	3	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc	4	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances	0	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances	1	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances	2	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances	3	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances	4	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	0	JOHN ODIERNA ESQ
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	1	CHARLENE MAZER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	2	BRIAN DILLON
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	3	JEFFREY OLDENBURG
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	4	JOAN INGERSOLL
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	1	VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	2	TREASURER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	3	SECRETARY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	4	EXECUTIVE DIRECTOR
IRS990EZ/OperatingSchool	0	0
IRS990EZ/Organization501c3	0	X
IRS990EZ/OrganizationDissolvedEtc	0	0
IRS990EZ/OrganizationHadUBI	0	0
IRS990EZ/OtherAssetsTotal/BOY	0	3260
IRS990EZ/OtherAssetsTotal/EOY	0	2977
IRS990EZ/OtherChangesInNetAssets	0	0
IRS990EZ/OtherExpensesTotal	0	8229
IRS990EZ/OtherRevenueTotal	0	45
IRS990EZ/PartVIAHghstPaidCntrctProfSer	0	NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl	0	NONE
IRS990EZ/PrimaryExemptPurpose	0	TO PROVIDE HOUSING FOR THE MENTALLY HANDICAPPED.
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom	0	THE ORGANIZATION WAS ORGANIZED TO REHABILITATE AND OPERATE THREE CONDOMINIUM UNITS UNDER SECTION 811 OF THE NATIONAL HOUSING ACT. THE GROUP HOME HOUSES MENTALLY HANDICAPPED PEOPLE.
IRS990EZ/ProgramServiceAccomplishment/GrantsAndAllocations	0	0
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses	0	25767
IRS990EZ/ProgramServiceRevenue	0	8980
IRS990EZ/ProhibitedTaxShelterTrans	0	0
IRS990EZ/RelatedOrgControlledEntity	0	0
IRS990EZ/StatesWhereCopyOfReturnIsFiled	0	MA
IRS990EZ/SubjectToProxyTax	0	0
IRS990EZ/SumOfTotalLiabilities/BOY	0	305246
IRS990EZ/SumOfTotalLiabilities/EOY	0	306523
IRS990EZ/TanningServicesProvided	0	0
IRS990EZ/TaxImposedUnderIRC4911	0	0
IRS990EZ/TaxImposedUnderIRC4912	0	0
IRS990EZ/TaxImposedUnderIRC4955	0	0
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine1	0	995 WORTHINGTON STREET
IRS990EZ/TheBooksAreInCareOf/AddressUS/City	0	SPRINGFIELD
IRS990EZ/TheBooksAreInCareOf/AddressUS/State	0	MA
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode	0	01109
IRS990EZ/TheBooksAreInCareOf/NameBusiness/BusinessNameLine1	0	BOARD OF DIRECTORS
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber	0	4137345376
IRS990EZ/TotalAssets/BOY	0	152262
IRS990EZ/TotalAssets/EOY	0	140613
IRS990EZ/TotalExpenses	0	36661
IRS990EZ/TotalProgramServiceExpenses	0	25767
IRS990EZ/TotalRevenue	0	23735
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg	0	0
IRS990EZ/WebSite	0	N/A
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYear	0	14693
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus1Year	0	15282
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus2Years	0	15344
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus3Years	0	14388
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus4Years	0	12699
IRS990ScheduleA/GiftsGrantsContribReceived170/Total	0	72406
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYear	0	17
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus1Year	0	49
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus2Years	0	51
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus3Years	0	58
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus4Years	0	68
IRS990ScheduleA/GrossInvestmentIncome170/Total	0	243
IRS990ScheduleA/GrossReceiptsFromAdmissionsEtc	0	41174
IRS990ScheduleA/OtherIncome170/CurrentTaxYear	0	45
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus1Year	0	242
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus3Years	0	107
IRS990ScheduleA/OtherIncome170/Total	0	394
IRS990ScheduleA/PubliclySupportedOrg170b1Avi	0	X
IRS990ScheduleA/PublicSupportPertcentage170	0	0.99130
IRS990ScheduleA/PublicSupportPertcentPriorYear	0	0.99100
IRS990ScheduleA/PublicSupportTotal170	0	72406
IRS990ScheduleA/ThirtyThreePercntTestsCY170	0	X
IRS990ScheduleA/Total170/CurrentTaxYear	0	14693
IRS990ScheduleA/Total170/CurrentTaxYearMinus1Year	0	15282
IRS990ScheduleA/Total170/CurrentTaxYearMinus2Years	0	15344
IRS990ScheduleA/Total170/CurrentTaxYearMinus3Years	0	14388
IRS990ScheduleA/Total170/CurrentTaxYearMinus4Years	0	12699
IRS990ScheduleA/Total170/Total	0	72406
IRS990ScheduleA/TotalSupport	0	73043
IRS990ScheduleB/ContributorInfo/AggregateContributions	0	RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine2	0	RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City	0	RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State	0	RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode	0	RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber	0	RESTRICTED
IRS990ScheduleO/GeneralExplanation/Explanation	0	INVESTMENT INCOME 17..
IRS990ScheduleO/GeneralExplanation/Explanation	1	DESCRIPTION: MISCELLANEOUS INCOME. AMOUNT: 45.
IRS990ScheduleO/GeneralExplanation/Explanation	2	DESCRIPTION: DEPRECIATION. AMOUNT: 10,960. DESCRIPTION: OTHER EXPENSES. AMOUNT: 13,759. TOTAL TO FORM 990-EZ, LINE 14: 24,719.
IRS990ScheduleO/GeneralExplanation/Explanation	3	DESCRIPTION: INSURANCE. AMOUNT: 268. DESCRIPTION: MANAGEMENT FEE. AMOUNT: 2,253. DESCRIPTION: MISCELLANEOUS. AMOUNT: 50. DESCRIPTION: MANAGING AGENT SERVICE FEES. AMOUNT: 4,493. DESCRIPTION: BAD DEBT . AMOUNT: 1,165. TOTAL TO FORM 990-EZ, LINE 16: 8,229.
IRS990ScheduleO/GeneralExplanation/Explanation	4	DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 60. END OF YEAR AMOUNT: 66. DESCRIPTION: PREPAID RENT. BEG. OF YEAR AMOUNT: 806. END OF YEAR AMOUNT: 822. DESCRIPTION: DEFERRED FINANCING COSTS . BEG. OF YEAR AMOUNT: 1,512. END OF YEAR AMOUNT: 1,446. DESCRIPTION: INITIAL COST . BEG. OF YEAR AMOUNT: 315. END OF YEAR AMOUNT: 315. DESCRIPTION: HUD ACCOUNTS RECEIVABLE . BEG. OF YEAR AMOUNT: 567. END OF YEAR AMOUNT: 204. DESCRIPTION: ACCOUNTS RECEIVABLE . BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 124.
IRS990ScheduleO/GeneralExplanation/Explanation	5	DESCRIPTION: ACCOUNTS PAYABLE . BEG. OF YEAR AMOUNT: 12,381. END OF YEAR AMOUNT: 13,453. DESCRIPTION: SECURITY DEPOSITS. BEG. OF YEAR AMOUNT: 304. END OF YEAR AMOUNT: 570. DESCRIPTION: MORTGAGE PAYABLE - HUD . BEG. OF YEAR AMOUNT: 244,900. END OF YEAR AMOUNT: 244,900. DESCRIPTION: CEDAC LOAN . BEG. OF YEAR AMOUNT: 47,600. END OF YEAR AMOUNT: 47,600. DESCRIPTION: PREPAID RENT . BEG. OF YEAR AMOUNT: 61. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/GeneralExplanation/Identifier	0	OTHER INVESTMENT INCOME
IRS990ScheduleO/GeneralExplanation/Identifier	1	OTHER REVENUE
IRS990ScheduleO/GeneralExplanation/Identifier	2	OCCUPANCY, RENT, UTILITIES AND MAINTENENCE
IRS990ScheduleO/GeneralExplanation/Identifier	3	OTHER EXPENSES
IRS990ScheduleO/GeneralExplanation/Identifier	4	OTHER ASSETS
IRS990ScheduleO/GeneralExplanation/Identifier	5	OTHER LIABILITIES
IRS990ScheduleO/GeneralExplanation/ReturnReference	0	FORM 990-EZ, PART I, LINE 4
IRS990ScheduleO/GeneralExplanation/ReturnReference	1	FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/GeneralExplanation/ReturnReference	2	FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/GeneralExplanation/ReturnReference	3	FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/GeneralExplanation/ReturnReference	4	FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/GeneralExplanation/ReturnReference	5	FORM 990-EZ, PART II, LINE 26
TransferPrsnlBnftContractsDecl/Declaration	0	THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS	0	2015-11-30 17:44:51Z
ReturnHeader/Filer/EIN	0	043174043
ReturnHeader/Filer/Name/BusinessNameLine1	0	FOURTH ASSOCIATION PROPERTIES INC
ReturnHeader/Filer/NameControl	0	FOUR
ReturnHeader/Filer/Phone	0	4137345376
ReturnHeader/Filer/USAddress/AddressLine1	0	995 WORTHINGTON STREET
ReturnHeader/Filer/USAddress/City	0	SPRINGFIELD
ReturnHeader/Filer/USAddress/State	0	MA
ReturnHeader/Filer/USAddress/ZIPCode	0	01109
ReturnHeader/Officer/AuthorizeThirdParty	0	1
ReturnHeader/Officer/DateSigned	0	2013-10-31
ReturnHeader/Officer/Name	0	ROBIN OLEJARZ
ReturnHeader/Officer/Phone	0	4137345376
ReturnHeader/Officer/Title	0	TREASURER
ReturnHeader/Preparer/DatePrepared	0	2013-10-24
ReturnHeader/PreparerFirm/EIN	0	042713795
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1	0	MEYERS BROTHERS KALICKA PC
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1	0	330 WHITNEY AVE SUITE 800
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City	0	HOLYOKE
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State	0	MA
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode	0	01040
ReturnHeader/Preparer/Name	0	HOWARD L CHENEY
ReturnHeader/Preparer/Phone	0	4135368510
ReturnHeader/ReturnType	0	990EZ
ReturnHeader/TaxPeriodBeginDate	0	2012-07-01
ReturnHeader/TaxPeriodEndDate	0	2013-06-30
ReturnHeader/TaxYear	0	2012
ReturnHeader/Timestamp	0	2013-11-15T10:05:39-06:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing

Assets: $140,613
Liabilities: $306,523
Net assets: -$165,910
Revenue: $23,735
Expenses: $36,661
Net income: -$12,926

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$0.51	$2.96	$2.45	$0.33	$0.30	$0.02
2024Detailed filing. Detailed filing data is available for this year.	$0.50	$2.97	$2.47	$0.29	$0.27	$0.02
2023Detailed filing. Detailed filing data is available for this year.	$0.48	$2.97	$2.49	$0.28	$0.33	$0.05
2022Detailed filing. Detailed filing data is available for this year.	$0.56	$2.99	$2.44	$0.28	$0.40	$0.12
2021Detailed filing. Detailed filing data is available for this year.	$0.63	$2.94	$2.31	$0.28	$0.35	$0.08
2020Detailed filing. Detailed filing data is available for this year.	$0.70	$2.94	$2.24	$0.28	$0.37	$0.09
2019Detailed filing. Detailed filing data is available for this year.	$0.81	$2.96	$2.15	$0.28	$0.35	$0.08
2018Detailed filing. Detailed filing data is available for this year.	$0.88	$2.96	$2.07	$0.28	$0.36	$0.08
2017Detailed filing. Detailed filing data is available for this year.	$0.98	$2.97	$1.99	$0.28	$0.37	$0.09
2016Detailed filing. Detailed filing data is available for this year.	$1.08	$2.98	$1.90	$0.28	$0.35	$0.07
2015Detailed filing. Detailed filing data is available for this year.	$1.23	$3.06	$1.83	$0.28	$0.38	$0.11
2014Detailed filing. Detailed filing data is available for this year.	$1.33	$3.05	$1.72	$0.27	$0.33	$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.41	$3.07	$1.66	$0.24	$0.37	$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.52	$3.05	$1.53	$0.21	$0.32	$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.61	$3.03	$1.42	$0.23	$0.32	$0.08