Thirteenth Association Properties Inc is located in Springfield, MA. The organization was established in 1997. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thirteenth Association Properties Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Thirteenth Association Properties Inc generated $56.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $66.5k during the year ending 06/2023. While expenses have increased by 1.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION OPERATED 5 CONDOMINIUM UNITS UNDER SECTION 811 OF THE NATIONAL HOUSING ACT. THE HOMES HOUSE PEOPLE WITH DISABILITIES.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Cheryl Fasano President & CEO | 40 | $0 | |
| Denise Cogman Chair | 1 | $0 | |
| Jacqueline Johnson Vice Chair | 1 | $0 | |
| Donna-Rae Kenneally Treasurer | 1 | $0 | |
| Michael Brassard Director | 1 | $0 | |
| John A Odierna Director (end 10/2022) | 1 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 | 
| Total Program Service Revenue | $56,640 | 
| Membership dues | $0 | 
| Investment income | $11 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $56,651 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $0 | 
| Salaries, other compensation, and employee benefits | $0 | 
| Professional fees and other payments to independent contractors | $4,657 | 
| Occupancy, rent, utilities, and maintenance | $52,361 | 
| Printing, publications, postage, and shipping | $0 | 
| Other expenses | $9,523 | 
| Total expenses | $66,541 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,247 | 
| Other assets | $0 | 
| Total assets | $101,930 | 
| Total liabilities | $381,101 | 
| Net assets or fund balances | -$279,171 |