Seventh Association Properties Inc.

990EZ • Fiscal year 2013 • EIN 04-3224452

Jul 01, 2012 to Jun 30, 2013 • Filed on Nov 04, 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.

1.27x

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

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

6.95x

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

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

-17%

Higher net margin than 18% 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

-3.0%

Faster asset growth than 39% of similar nonprofits.

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

-12%

Faster revenue growth than 30% of similar nonprofits.

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

Balance Sheet

Liabilities / Assets95th percentile

Assets

Down

$253,581

Down $7,891 (-3.0%) from 2012

Net Assets

Down

-$69,460

Down $8,103 (-13%) from 2012

Liabilities

$323,041

Up $212 (+0.1%) from 2012

Revenue And Expenses

Liabilities / Revenue99th percentile Net Margin18th percentile

Revenue

Down

$46,495

Down $6,445 (-12%) from 2012

Expenses

$54,598

Up $10,820 (+25%) from 2012

Net Income

Down

-$8,103

Down $17,265 (-188%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth39th percentile

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

Highlighted filing

2013

Assets$253,581

Liabilities$323,041

Net Assets-$69,460

Open 2013 Filing

Operations Trend

Revenue Growth30th percentile

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

Highlighted filing

2013

Revenue$46,495

Expenses$54,598

Net Income-$8,103

Open 2013 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2012 to Jun 30, 2013
Signed: Nov 4, 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: 04-3224452

Raw XML Appendix180 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
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IRS990EZ/AmountOfTaxImposedOnOrgMgr	0	0
IRS990EZ/AmountOfTaxReimbursedByOrg	0	0
IRS990EZ/CashSavingsAndInvestments/BOY	0	48616
IRS990EZ/CashSavingsAndInvestments/EOY	0	44851
IRS990EZ/ContributionsGiftsGrantsEtc	0	25195
IRS990EZ/DirectIndirectPoliticalExpend	0	0
IRS990EZ/DoesOrgHaveHospital	0	0
IRS990EZ/EngagedInExcessBenefitTrans	0	0
IRS990EZ/EngageInLobbyingActivities	0	0
IRS990EZ/EngagePoliticalCmpgnActivities	0	0
IRS990EZ/ExcessOrDeficitForYear	0	-8103
IRS990EZ/FeesAndOthPymtToIndContractors	0	3713
IRS990EZ/FiledScheduleA	0	1
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IRS990EZ/ForeignOffice	0	0
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IRS990EZ/InfoInScheduleOPartIII	0	X
IRS990EZ/InfoInScheduleOPartV	0	X
IRS990EZ/InvestmentIncome	0	23
IRS990EZ/LandAndBuildings/BOY	0	209989
IRS990EZ/LandAndBuildings/EOY	0	202167
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IRS990EZ/MadeLoansToFromOfficers	0	0
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IRS990EZ/MethodOfAccountingAccrual	0	X
IRS990EZ/NetAssetsOrFundBalances/BOY	0	-61357
IRS990EZ/NetAssetsOrFundBalancesBOY	0	-61357
IRS990EZ/NetAssetsOrFundBalances/EOY	0	-69460
IRS990EZ/NetAssetsOrFundBalancesEOY	0	-69460
IRS990EZ/OccupancyRentUtilitiesAndMaint	0	42659
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
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IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	1	0
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IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	4	0
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IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc	1	0
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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	2867
IRS990EZ/OtherAssetsTotal/EOY	0	6563
IRS990EZ/OtherChangesInNetAssets	0	0
IRS990EZ/OtherExpensesTotal	0	8226
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 FORMED TO REHABILITATE AND OPERATE A FIVE-BEDROOM GROUP HOME, OF WHICH FOUR BEDROOMS ARE UNDER SECTION 811 OF THE NATIONAL HOUSING ACT.
IRS990EZ/ProgramServiceAccomplishment/GrantsAndAllocations	0	0
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses	0	43763
IRS990EZ/ProgramServiceRevenue	0	21277
IRS990EZ/ProhibitedTaxShelterTrans	0	0
IRS990EZ/RelatedOrgControlledEntity	0	0
IRS990EZ/StatesWhereCopyOfReturnIsFiled	0	MA
IRS990EZ/SubjectToProxyTax	0	0
IRS990EZ/SumOfTotalLiabilities/BOY	0	322829
IRS990EZ/SumOfTotalLiabilities/EOY	0	323041
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	261472
IRS990EZ/TotalAssets/EOY	0	253581
IRS990EZ/TotalExpenses	0	54598
IRS990EZ/TotalProgramServiceExpenses	0	43763
IRS990EZ/TotalRevenue	0	46495
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg	0	0
IRS990EZ/WebSite	0	N/A
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYear	0	25195
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus1Year	0	30090
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus2Years	0	30154
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus3Years	0	30554
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus4Years	0	27269
IRS990ScheduleA/GiftsGrantsContribReceived170/Total	0	143262
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYear	0	23
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus1Year	0	71
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus2Years	0	58
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus3Years	0	54
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus4Years	0	35
IRS990ScheduleA/GrossInvestmentIncome170/Total	0	241
IRS990ScheduleA/GrossReceiptsFromAdmissionsEtc	0	105600
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus4Years	0	141
IRS990ScheduleA/OtherIncome170/Total	0	141
IRS990ScheduleA/PubliclySupportedOrg170b1Avi	0	X
IRS990ScheduleA/PublicSupportPertcentage170	0	0.99730
IRS990ScheduleA/PublicSupportPertcentPriorYear	0	0.99730
IRS990ScheduleA/PublicSupportTotal170	0	143262
IRS990ScheduleA/ThirtyThreePercntTestsCY170	0	X
IRS990ScheduleA/Total170/CurrentTaxYear	0	25195
IRS990ScheduleA/Total170/CurrentTaxYearMinus1Year	0	30090
IRS990ScheduleA/Total170/CurrentTaxYearMinus2Years	0	30154
IRS990ScheduleA/Total170/CurrentTaxYearMinus3Years	0	30554
IRS990ScheduleA/Total170/CurrentTaxYearMinus4Years	0	27269
IRS990ScheduleA/Total170/Total	0	143262
IRS990ScheduleA/TotalSupport	0	143644
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 23..
IRS990ScheduleO/GeneralExplanation/Explanation	1	DESCRIPTION: DEPRECIATION. AMOUNT: 7,822. DESCRIPTION: OTHER EXPENSES. AMOUNT: 34,837. TOTAL TO FORM 990-EZ, LINE 14: 42,659.
IRS990ScheduleO/GeneralExplanation/Explanation	2	DESCRIPTION: INSURANCE. AMOUNT: 216. DESCRIPTION: MANAGEMENT FEE. AMOUNT: 2,451. DESCRIPTION: MISCELLANEOUS. AMOUNT: 399. DESCRIPTION: PROPERTY SERVICES EXPENSE. AMOUNT: 5,117. DESCRIPTION: BANK FEES . AMOUNT: 43. TOTAL TO FORM 990-EZ, LINE 16: 8,226.
IRS990ScheduleO/GeneralExplanation/Explanation	3	DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 346. END OF YEAR AMOUNT: 408. DESCRIPTION: DEFERRED FINANCING COSTS . BEG. OF YEAR AMOUNT: 814. END OF YEAR AMOUNT: 761. DESCRIPTION: INITIAL COST . BEG. OF YEAR AMOUNT: 315. END OF YEAR AMOUNT: 315. DESCRIPTION: ACCOUNTS RECEIVABLE . BEG. OF YEAR AMOUNT: 1,392. END OF YEAR AMOUNT: 4,060. DESCRIPTION: HUD A/R . BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,019.
IRS990ScheduleO/GeneralExplanation/Explanation	4	DESCRIPTION: ACCOUNTS PAYABLE . BEG. OF YEAR AMOUNT: 6,332. END OF YEAR AMOUNT: 6,816. DESCRIPTION: LONG TERM CONSTRUCTION PAYABLE - MHA. BEG. OF YEAR AMOUNT: 10,305. END OF YEAR AMOUNT: 10,305. DESCRIPTION: SECURITY DEPOSITS. BEG. OF YEAR AMOUNT: 692. END OF YEAR AMOUNT: 420. DESCRIPTION: MORTGAGE PAYABLE - HUD . BEG. OF YEAR AMOUNT: 206,500. END OF YEAR AMOUNT: 206,500. DESCRIPTION: FCF LOAN . BEG. OF YEAR AMOUNT: 99,000. END OF YEAR AMOUNT: 99,000.
IRS990ScheduleO/GeneralExplanation/Identifier	0	OTHER INVESTMENT INCOME
IRS990ScheduleO/GeneralExplanation/Identifier	1	OCCUPANCY, RENT, UTILITIES AND MAINTENENCE
IRS990ScheduleO/GeneralExplanation/Identifier	2	OTHER EXPENSES
IRS990ScheduleO/GeneralExplanation/Identifier	3	OTHER ASSETS
IRS990ScheduleO/GeneralExplanation/Identifier	4	OTHER LIABILITIES
IRS990ScheduleO/GeneralExplanation/ReturnReference	0	FORM 990-EZ, PART I, LINE 4
IRS990ScheduleO/GeneralExplanation/ReturnReference	1	FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/GeneralExplanation/ReturnReference	2	FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/GeneralExplanation/ReturnReference	3	FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/GeneralExplanation/ReturnReference	4	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	043224452
ReturnHeader/Filer/Name/BusinessNameLine1	0	SEVENTH ASSOCIATION PROPERTIES INC
ReturnHeader/Filer/NameControl	0	SEVE
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	2013-11-04
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: $253,581
Liabilities: $323,041
Net assets: -$69,460
Revenue: $46,495
Expenses: $54,598
Net income: -$8,103

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$1.82	$3.23	$1.41	$0.88	$0.61	$0.27
2024Detailed filing. Detailed filing data is available for this year.	$1.59	$3.28	$1.68	$0.60	$0.66	$0.06
2023Detailed filing. Detailed filing data is available for this year.	$1.52	$3.14	$1.62	$0.51	$0.64	$0.13
2022Detailed filing. Detailed filing data is available for this year.	$1.63	$3.12	$1.50	$0.50	$0.57	$0.07
2021Detailed filing. Detailed filing data is available for this year.	$1.79	$3.22	$1.43	$0.51	$0.58	$0.07
2020Detailed filing. Detailed filing data is available for this year.	$1.74	$3.10	$1.36	$0.51	$0.55	$0.05
2019Detailed filing. Detailed filing data is available for this year.	$1.83	$3.14	$1.31	$0.50	$0.59	$0.08
2018Detailed filing. Detailed filing data is available for this year.	$1.91	$3.14	$1.23	$0.50	$0.70	$0.19
2017Detailed filing. Detailed filing data is available for this year.	$2.07	$3.10	$1.04	$0.47	$0.70	$0.23
2016Detailed filing. Detailed filing data is available for this year.	$2.30	$3.11	$0.81	$0.44	$0.47	$0.03
2015Detailed filing. Detailed filing data is available for this year.	$2.34	$3.11	$0.78	$0.48	$0.56	$0.08
2014Detailed filing. Detailed filing data is available for this year.	$2.45	$3.15	$0.69	$0.50	$0.50	$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$2.54	$3.23	$0.69	$0.46	$0.55	$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$2.61	$3.23	$0.61	$0.53	$0.44	$0.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$2.48	$3.18	$0.71	$0.50	$0.44	$0.06