Sixteenth Association Properties Inc.

990EZ • Fiscal year 2013 • EIN 04-3517858

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.

1.61x

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

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

9.54x

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

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

-23%

Higher net margin than 15% 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

-6.2%

Faster asset growth than 34% of similar nonprofits.

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

3.2%

Faster revenue growth than 53% of similar nonprofits.

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

Balance Sheet

Liabilities / Assets96th percentile

Assets

Down

$288,870

Down $19,143 (-6.2%) from 2012

Net Assets

Down

-$175,852

Down $11,140 (-6.8%) from 2012

Liabilities

Down

$464,722

Down $8,003 (-1.7%) from 2012

Revenue And Expenses

Liabilities / Revenue99th percentile Net Margin15th percentile

Revenue

$48,704

Up $1,524 (+3.2%) from 2012

Expenses

$59,844

Up $1,495 (+2.6%) from 2012

Net Income

-$11,140

Up $29 (+0.3%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth34th percentile

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

Highlighted filing

2013

Assets$288,870

Liabilities$464,722

Net Assets-$175,852

Open 2013 Filing

Operations Trend

Revenue Growth53rd percentile

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

Highlighted filing

2013

Revenue$48,704

Expenses$59,844

Net Income-$11,140

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: 04-3517858

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.

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IRS990EZ/AmountOfTaxReimbursedByOrg	0	0
IRS990EZ/CashSavingsAndInvestments/BOY	0	58252
IRS990EZ/CashSavingsAndInvestments/EOY	0	53225
IRS990EZ/ContributionsGiftsGrantsEtc	0	30181
IRS990EZ/DirectIndirectPoliticalExpend	0	0
IRS990EZ/DoesOrgHaveHospital	0	0
IRS990EZ/EngagedInExcessBenefitTrans	0	0
IRS990EZ/EngageInLobbyingActivities	0	0
IRS990EZ/EngagePoliticalCmpgnActivities	0	0
IRS990EZ/ExcessOrDeficitForYear	0	-11140
IRS990EZ/FeesAndOthPymtToIndContractors	0	3713
IRS990EZ/FiledScheduleA	0	1
IRS990EZ/ForeignFinancialAccount	0	0
IRS990EZ/ForeignOffice	0	0
IRS990EZ/GrossReceipts	0	48704
IRS990EZ/InfoInScheduleOPartI	0	X
IRS990EZ/InfoInScheduleOPartII	0	X
IRS990EZ/InfoInScheduleOPartIII	0	X
IRS990EZ/InfoInScheduleOPartV	0	X
IRS990EZ/InvestmentIncome	0	27
IRS990EZ/LandAndBuildings/BOY	0	247608
IRS990EZ/LandAndBuildings/EOY	0	232824
IRS990EZ/MadeChangesToOrgnzngEtcDoc	0	0
IRS990EZ/MadeLoansToFromOfficers	0	0
IRS990EZ/MaintainAnyDonorAdvisedFunds	0	0
IRS990EZ/MethodOfAccountingAccrual	0	X
IRS990EZ/NetAssetsOrFundBalances/BOY	0	-164712
IRS990EZ/NetAssetsOrFundBalancesBOY	0	-164712
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IRS990EZ/NetAssetsOrFundBalancesEOY	0	-175852
IRS990EZ/OccupancyRentUtilitiesAndMaint	0	46406
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
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IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	4	0
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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	BRIAN DILLON
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	2	JEFFREY OLDENBURG
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	3	CHARLENE MAZER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	4	JOAN INGERSOLL
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	1	TREASURER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	2	SECRETARY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	3	VICE PRESIDENT
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	2153
IRS990EZ/OtherAssetsTotal/EOY	0	2821
IRS990EZ/OtherChangesInNetAssets	0	0
IRS990EZ/OtherExpensesTotal	0	9725
IRS990EZ/OtherRevenueTotal	0	305
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 FIVE CONDOMINIUM UNITS UNDER SECTION 811 OF THE NATIONAL HOUSING ACT.
IRS990EZ/ProgramServiceAccomplishment/GrantsAndAllocations	0	0
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses	0	47968
IRS990EZ/ProgramServiceRevenue	0	18191
IRS990EZ/ProhibitedTaxShelterTrans	0	0
IRS990EZ/RelatedOrgControlledEntity	0	0
IRS990EZ/StatesWhereCopyOfReturnIsFiled	0	MA
IRS990EZ/SubjectToProxyTax	0	0
IRS990EZ/SumOfTotalLiabilities/BOY	0	472725
IRS990EZ/SumOfTotalLiabilities/EOY	0	464722
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	308013
IRS990EZ/TotalAssets/EOY	0	288870
IRS990EZ/TotalExpenses	0	59844
IRS990EZ/TotalProgramServiceExpenses	0	47968
IRS990EZ/TotalRevenue	0	48704
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg	0	0
IRS990EZ/WebSite	0	N/A
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYear	0	30181
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus1Year	0	30819
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus2Years	0	34846
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus3Years	0	33250
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus4Years	0	32147
IRS990ScheduleA/GiftsGrantsContribReceived170/Total	0	161243
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYear	0	27
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus1Year	0	83
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus2Years	0	87
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus3Years	0	107
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus4Years	0	125
IRS990ScheduleA/GrossInvestmentIncome170/Total	0	429
IRS990ScheduleA/GrossReceiptsFromAdmissionsEtc	0	72303
IRS990ScheduleA/OtherIncome170/CurrentTaxYear	0	305
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus1Year	0	80
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus3Years	0	74
IRS990ScheduleA/OtherIncome170/Total	0	459
IRS990ScheduleA/PubliclySupportedOrg170b1Avi	0	X
IRS990ScheduleA/PublicSupportPertcentage170	0	0.99450
IRS990ScheduleA/PublicSupportPertcentPriorYear	0	0.99480
IRS990ScheduleA/PublicSupportTotal170	0	161243
IRS990ScheduleA/ThirtyThreePercntTestsCY170	0	X
IRS990ScheduleA/Total170/CurrentTaxYear	0	30181
IRS990ScheduleA/Total170/CurrentTaxYearMinus1Year	0	30819
IRS990ScheduleA/Total170/CurrentTaxYearMinus2Years	0	34846
IRS990ScheduleA/Total170/CurrentTaxYearMinus3Years	0	33250
IRS990ScheduleA/Total170/CurrentTaxYearMinus4Years	0	32147
IRS990ScheduleA/Total170/Total	0	161243
IRS990ScheduleA/TotalSupport	0	162131
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 27..
IRS990ScheduleO/GeneralExplanation/Explanation	1	DESCRIPTION: MISC INCOME. AMOUNT: 305.
IRS990ScheduleO/GeneralExplanation/Explanation	2	DESCRIPTION: DEPRECIATION/AMORTIZATION. AMOUNT: 14,974. DESCRIPTION: OTHER EXPENSES. AMOUNT: 31,432. TOTAL TO FORM 990-EZ, LINE 14: 46,406.
IRS990ScheduleO/GeneralExplanation/Explanation	3	DESCRIPTION: INSURANCE. AMOUNT: 674. DESCRIPTION: MANAGEMENT FEE. AMOUNT: 3,886. DESCRIPTION: MISCELLANEOUS. AMOUNT: 48. DESCRIPTION: MANAGING AGENT SERVICE FEES. AMOUNT: 5,117. TOTAL TO FORM 990-EZ, LINE 16: 9,725.
IRS990ScheduleO/GeneralExplanation/Explanation	4	DESCRIPTION: ACCOUNTS RECEIVABLE . BEG. OF YEAR AMOUNT: 91. END OF YEAR AMOUNT: 79. DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 60. END OF YEAR AMOUNT: 66. DESCRIPTION: PREPAID RENT. BEG. OF YEAR AMOUNT: 1,306. END OF YEAR AMOUNT: 1,328. DESCRIPTION: DEFERRED FINANCING COSTS . BEG. OF YEAR AMOUNT: 381. END OF YEAR AMOUNT: 191. DESCRIPTION: INITIAL COST . BEG. OF YEAR AMOUNT: 315. END OF YEAR AMOUNT: 315. DESCRIPTION: ACCOUNTS RECEIVABLE E . BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 842.
IRS990ScheduleO/GeneralExplanation/Explanation	5	DESCRIPTION: ACCOUNTS PAYABLE . BEG. OF YEAR AMOUNT: 10,614. END OF YEAR AMOUNT: 2,612. DESCRIPTION: SECURITY DEPOSITS. BEG. OF YEAR AMOUNT: 1,344. END OF YEAR AMOUNT: 1,343. DESCRIPTION: MORTGAGE PAYABLE - HUD . BEG. OF YEAR AMOUNT: 377,500. END OF YEAR AMOUNT: 377,500. DESCRIPTION: AHP LOAN. BEG. OF YEAR AMOUNT: 83,267. END OF YEAR AMOUNT: 83,267.
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	043517858
ReturnHeader/Filer/Name/BusinessNameLine1	0	SIXTEENTH ASSOCIATION PROPERTIES INC
ReturnHeader/Filer/NameControl	0	SIXT
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: $288,870
Liabilities: $464,722
Net assets: -$175,852
Revenue: $48,704
Expenses: $59,844
Net income: -$11,140

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$1.01	$4.82	$3.82	$0.67	$0.92	$0.25
2024Detailed filing. Detailed filing data is available for this year.	$1.13	$4.69	$3.56	$0.66	$0.76	$0.10
2023Detailed filing. Detailed filing data is available for this year.	$1.28	$4.74	$3.46	$0.55	$0.81	$0.26
2022Detailed filing. Detailed filing data is available for this year.	$1.46	$4.66	$3.19	$0.55	$0.73	$0.17
2021Detailed filing. Detailed filing data is available for this year.	$1.62	$4.64	$3.02	$0.56	$0.65	$0.10
2020Detailed filing. Detailed filing data is available for this year.	$1.74	$4.67	$2.93	$0.55	$0.76	$0.21
2019Detailed filing. Detailed filing data is available for this year.	$1.94	$4.66	$2.72	$0.74	$0.83	$0.09
2018Detailed filing. Detailed filing data is available for this year.	$2.01	$4.64	$2.63	$0.54	$0.68	$0.14
2017Detailed filing. Detailed filing data is available for this year.	$2.18	$4.67	$2.48	$0.56	$0.73	$0.17
2016Detailed filing. Detailed filing data is available for this year.	$2.33	$4.64	$2.32	$0.64	$0.74	$0.10
2015Detailed filing. Detailed filing data is available for this year.	$2.62	$4.83	$2.21	$0.48	$0.80	$0.32
2014Detailed filing. Detailed filing data is available for this year.	$2.75	$4.64	$1.89	$0.49	$0.62	$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$2.89	$4.65	$1.76	$0.49	$0.60	$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$3.08	$4.73	$1.65	$0.47	$0.58	$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$3.21	$4.75	$1.54	$0.48	$0.59	$0.11