THE ASSOCIATION'S SECOND PROPERTY INC

EIN: 264566128 501(c)(3) Housing & Shelter

NORTHAMPTON, MA

Total Revenue
$63,389
Total Expenses
$89,405
Total Assets
$526,012
Net Assets
$-384,601
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
MA
Principal Officer
ANDREW CAIRES
Phone
4135851300
Tax Period
2024-07-01 to 2025-06-30

THE ASSOCIATION'S SECOND PROPERTY INC, founded in 2009, is a micro nonprofit in the Housing & Shelter sector that reported $63K in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $89K exceeded revenue, resulting in a 41% operating deficit.

Mission

TO PROVIDE HOUSING FACILITIES FOR VERY LOW INCOME ADULTS WITH DISABILITIES AND SUPPORTIVE SERVICES SPECIFICALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS AND USEFULNESS IN LONGER LIVING.

Program Service Accomplishments

Program 1
Expenses: $75,323 Revenue: $20,368

SATELLITE RESIDENTIAL SERVICES TO PROVIDE TWENTY-FOUR HOUR LIVE IN PROGRAMMING FOR DEVELOPMENTALLY DISABLED INDIVIDUALS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $43,005
Program Service Revenue $20,368
Investment Income $16
Other Revenue $0
TOTAL REVENUE $63,389

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $75,323
Other Expenses $89,405
TOTAL EXPENSES $89,405

Year-over-Year Comparison

2024 2023 Change
Revenue $63,389 $48,886 +0.3%
Expenses $89,405 $91,784 0.0%
Net Income $-26,016 $-42,898 -0.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
5
Independent Members
4
Employees
N/A
Volunteers
4

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$432,597
Total Directors
9
$432,597
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRUNO CALOURO PRESIDENT (AS OF 2/25) 1.00
Officer Director
$0 $27,185 $273,160
ANDREW CAIRES TREASURER/CLERK 1.00
Officer Director
$0 $30,818 $159,437
JOHN ROBERSON PRESIDENT (UNTIL 1/25) 1.00
Officer Director
$0 $0 $0
DENISE COGMAN DIRECTOR 1.00
Director
$0 $0 $0
BRIDGET HALEY DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL MORIARTY DIRECTOR 1.00
Director
$0 $0 $0
KELLY PIGNATARE DIRECTOR (UNTIL 1/25) 1.00
Director
$0 $0 $0
GLENN WELCH DIRECTOR (UNTIL 1/25) 1.00
Director
$0 $0 $0
MARK GERMAIN DIRECTOR (UNTIL 1/25) 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $63,389 $89,405 $526,012 $-26,016
2024 $48,886 $91,784 $564,592 $-42,898
2023 $51,738 $86,909 $604,018 $-35,171
2022 $51,736 $64,911 $651,682 $-13,175
2021 $51,735 $73,300 $642,657 $-21,565
2020 $51,749 $82,856 $667,589 $-31,107
2019 $51,746 $76,757 $698,693 $-25,011
2018 $51,742 $82,312 $716,287 $-30,570
Explore More Nonprofits
→Top 100 Nonprofits in Massachusetts →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare THE ASSOCIATION'S SECOND PROPERTY INC with other nonprofits in Massachusetts and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.