Civic Intelligence

Waltham Properties Inc

EIN 04-3520825 • 501(c)3 • Milford, MA

Profile

Provide elderly, disabled and/or handicapped persons of low-income with facilities and services specially designed to meet their needs.

345 Fortune BoulevardMilford, MA 01757

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

92nd percentile

0.86x

Higher debt load relative to assets than 92% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

98th percentile

3.14x

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

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

18th percentile

-31%

Higher net margin than 18% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

42nd percentile

-7.1%

Faster asset growth than 42% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

78th percentile

31%

Faster revenue growth than 78% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Down

$198,914

Down $2,005 (-1.0%) from 2023

Liabilities

Up

$181,201

Up $9,088 (+5.3%) from 2023

Net Assets

Down

$17,713

Down $11,093 (-39%) from 2023

Operations
Liabilities / Revenue98th percentileNet Margin18th percentile

Revenue

Down

$54,320

Down $510 (-0.9%) from 2023

Expenses

Down

$65,413

Down $6,582 (-9.1%) from 2023

Net Income

Up

-$11,093

Up $6,072 (+35%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth42nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2011: $354,916Liabilities 2011: $120,1542011Assets 2012: $343,744Liabilities 2012: $120,8902012Assets 2013: $327,006Liabilities 2013: $122,5412013Assets 2014: $316,217Liabilities 2014: $130,210Net Assets 2014: $186,0072014Assets 2015: $298,101Liabilities 2015: $131,263Net Assets 2015: $166,8382015Assets 2016: $287,026Liabilities 2016: $137,274Net Assets 2016: $149,7522016Assets 2017: $275,950Liabilities 2017: $143,895Net Assets 2017: $132,0552017Assets 2018: $264,955Liabilities 2018: $150,329Net Assets 2018: $114,6262018Assets 2019: $253,867Liabilities 2019: $156,405Net Assets 2019: $97,4622019Assets 2020: $242,336Liabilities 2020: $162,036Net Assets 2020: $80,3002020Assets 2021: $230,182Liabilities 2021: $167,047Net Assets 2021: $63,1352021Assets 2022: $216,186Liabilities 2022: $170,215Net Assets 2022: $45,9712022Assets 2023: $200,919Liabilities 2023: $172,113Net Assets 2023: $28,8062023Assets 2024: $198,914Liabilities 2024: $181,201Net Assets 2024: $17,7132024

Highlighted filing

2024

Assets$198,914
Liabilities$181,201
Net Assets$17,713
Open 2024 Filing

Operations Trend

Revenue Growth78th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2011: $31,880Expenses 2011: $49,988Net Income 2011: -$18,1082011Revenue 2012: $37,436Expenses 2012: $49,344Net Income 2012: -$11,9082012Revenue 2013: $29,986Expenses 2013: $48,375Net Income 2013: -$18,3892013Revenue 2014: $37,762Expenses 2014: $56,220Net Income 2014: -$18,4582014Revenue 2015: $48,184Expenses 2015: $67,353Net Income 2015: -$19,1692015Revenue 2016: $40,045Expenses 2016: $57,131Net Income 2016: -$17,0862016Revenue 2017: $43,784Expenses 2017: $61,481Net Income 2017: -$17,6972017Revenue 2018: $41,712Expenses 2018: $59,141Net Income 2018: -$17,4292018Revenue 2019: $45,857Expenses 2019: $63,021Net Income 2019: -$17,1642019Revenue 2020: $38,321Expenses 2020: $55,483Net Income 2020: -$17,1622020Revenue 2021: $43,894Expenses 2021: $61,059Net Income 2021: -$17,1652021Revenue 2022: $42,004Expenses 2022: $59,168Net Income 2022: -$17,1642022Revenue 2023: $54,830Expenses 2023: $71,995Net Income 2023: -$17,1652023Revenue 2024: $54,320Expenses 2024: $65,413Net Income 2024: -$11,0932024

Highlighted filing

2024

Revenue$54,320
Expenses$65,413
Net Income-$11,093
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$198,914
Liabilities
$181,201
Net assets
$17,713
Revenue
$54,320
Expenses
$65,413
Net income
-$11,093
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.99$1.81$0.18$0.54$0.65$0.11
2023Detailed filing. Detailed filing data is available for this year.$2.01$1.72$0.29$0.55$0.72$0.17
2022Detailed filing. Detailed filing data is available for this year.$2.16$1.70$0.46$0.42$0.59$0.17
2021Detailed filing. Detailed filing data is available for this year.$2.30$1.67$0.63$0.44$0.61$0.17
2020Detailed filing. Detailed filing data is available for this year.$2.42$1.62$0.80$0.38$0.55$0.17
2019Detailed filing. Detailed filing data is available for this year.$2.54$1.56$0.97$0.46$0.63$0.17
2018Detailed filing. Detailed filing data is available for this year.$2.65$1.50$1.15$0.42$0.59$0.17
2017Detailed filing. Detailed filing data is available for this year.$2.76$1.44$1.32$0.44$0.61$0.18
2016Detailed filing. Detailed filing data is available for this year.$2.87$1.37$1.50$0.40$0.57$0.17
2015Detailed filing. Detailed filing data is available for this year.$2.98$1.31$1.67$0.48$0.67$0.19
2014Detailed filing. Detailed filing data is available for this year.$3.16$1.30$1.86$0.38$0.56$0.18
2013Summary only. Only limited summary data is available for this year.$3.27$1.23$0.30$0.48$0.18
2012Summary only. Only limited summary data is available for this year.$3.44$1.21$0.37$0.49$0.12
2011Summary only. Only limited summary data is available for this year.$3.55$1.20$0.32$0.50$0.18
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 7, 2025
Return Version
2023v6.0
Gross Receipts
$54,320
Mission and Program Overview

Mission

Provide elderly, disabled and/or handicapped persons of low-income with facilities and services specially designed to meet their needs.

Program Services

DescriptionGrantsExpenses
PROVIDE ELDERLY, DISABLED AND/OR HANDICAPPED PERSONS OF LOW-INCOME WITH FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR NEEDS. 4 CLIENTS DURING THE FISCAL YEAR.$0$46,856
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DR ROBERT F LITTLETON JRPresident/Treasurer/Clerk/Director-$0--
JAN HORVATHVice President/Director-$0--
DR ROBERT BARTRODirector-$0--
Filing and Contact Details

Filer

Filer Name
Waltham Properties Inc
EIN
04-3520825
Phone
5084785597
Address
345 FORTUNE BOULEVARD, MILFORD, MA 01757

Signing Officer

Name
Dr Robert F Littleton Jr
Title
President
Phone
5084785597
Signed
2025-05-07
Discuss with paid preparer
Yes

Preparer

Firm
Leonard Mulherin & Greene Pc
Address
625 GROVE STREET, BRAINTREE, MA 02184
Preparer
John G Madden
Phone
7813564800
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: interest income. Amount: 2.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: miscellaneous expense. Amount: 35.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: escrow deposits. Beg. Of year amount: 3,566. End of year amount: 3,566. Description: replacement reserve. Beg. Of year amount: 19,575. End of year amount: 21,037.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: mortgage payable - commun econ devel assist corp. Beg. Of year amount: 116,480. End of year amount: 116,480. Description: accounts payable and accrued expenses. Beg. Of year amount: 55,633. End of year amount: 64,721.”

Raw XML Appendix158 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0HUMAN SERVICES MANAGEMENT CORP
IRS990EZ/BooksInCareOfDetail/PhoneNum05084733422
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0300 EAST MAIN STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MILFORD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd001757
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt049327
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt058415
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
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IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
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IRS990EZ/ExcessOrDeficitForYearAmt0-11093
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IRS990EZ/FiledScheduleAInd01
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IRS990EZ/ForeignOfficeInd00
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt0198914
IRS990EZ/GrossReceiptsAmt054320
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt02
IRS990EZ/LandAndBuildingsGrp/BOYAmt0128451
IRS990EZ/LandAndBuildingsGrp/EOYAmt0115896
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt028806
IRS990EZ/NetAssetsOrFundBalancesEOYAmt017713
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt028806
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt017713
IRS990EZ/OccupancyRentUtltsAndMaintAmt046856
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.16
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.05
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.05
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DR ROBERT F LITTLETON JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JAN HORVATH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DR ROBERT BARTRO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT/TREASURER/CLERK/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt023141
IRS990EZ/OtherAssetsTotalDetail/EOYAmt024603
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt035
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE ELDERLY, DISABLED AND/OR HANDICAPPED PERSONS OF LOW-INCOME WITH FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR NEEDS.
IRS990EZ/ProgramServiceRevenueAmt010971
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE ELDERLY, DISABLED AND/OR HANDICAPPED PERSONS OF LOW-INCOME WITH FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR NEEDS. 4 CLIENTS DURING THE FISCAL YEAR.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt046856
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
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IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0172113
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0181201
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt065413
IRS990EZ/TotalProgramServiceExpensesAmt046856
IRS990EZ/TotalRevenueAmt054320
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt043347
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt043484
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt031193
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt030380
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt024503
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0172907
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt03
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt04
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt013
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt060538
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99990
IRS990ScheduleA/PublicSupportPY170Pct00.99990
IRS990ScheduleA/PublicSupportTotal170Amt0172907
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt043347
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt030380
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt024503
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0172907
IRS990ScheduleA/TotalSupportAmt0172920
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 2.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: MISCELLANEOUS EXPENSE. AMOUNT: 35.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ESCROW DEPOSITS. BEG. OF YEAR AMOUNT: 3,566. END OF YEAR AMOUNT: 3,566. DESCRIPTION: REPLACEMENT RESERVE. BEG. OF YEAR AMOUNT: 19,575. END OF YEAR AMOUNT: 21,037.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: MORTGAGE PAYABLE - COMMUN ECON DEVEL ASSIST CORP. BEG. OF YEAR AMOUNT: 116,480. END OF YEAR AMOUNT: 116,480. DESCRIPTION: ACCOUNTS PAYABLE AND ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 55,633. END OF YEAR AMOUNT: 64,721.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DR ROBERT F LITTLETON JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05084785597
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WALTHAM PROPERTIES INC
ReturnHeader/Filer/BusinessNameControlTxt0WALT
ReturnHeader/Filer/EIN0043520825
ReturnHeader/Filer/PhoneNum05084785597
ReturnHeader/Filer/USAddress/AddressLine1Txt0345 FORTUNE BOULEVARD
ReturnHeader/Filer/USAddress/CityNm0MILFORD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001757
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043108635
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LEONARD MULHERIN & GREENE PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0625 GROVE STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BRAINTREE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002184
ReturnHeader/PreparerPersonGrp/PhoneNum07813564800
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN G MADDEN
ReturnHeader/ReturnTs02025-05-07T13:54:45-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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