Attleboro Corporate Center Association Inc

Attleboro Corporate Center Association Inc. operates on thin margins with no reported officer compensation.

EIN: 204094844 · Attleboro, MA · NTEE: K20 · Updated: 2026-03-28

$6.8MRevenue

$147KAssets

85/100Mission Score (Excellent)

K20

About Attleboro Corporate Center Association Inc

Attleboro Corporate Center Association Inc (EIN: 204094844) is a nonprofit organization based in Attleboro, MA, classified under NTEE code K20. The organization reported total revenue of $6.8M and total assets of $147K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Attleboro Corporate Center Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Attleboro Corporate Center Association Inc. consistently operates with very tight margins, with expenses closely tracking revenue across all reported periods. For instance, in 2023, revenue was $5,807,624 against expenses of $5,752,964, indicating minimal surplus generation. The organization's assets are consistently low relative to its annual revenue, with the latest assets at $146,559 against $6,751,926 in latest revenue, suggesting a lean operational model with little in the way of reserves or significant capital investments. The consistent reporting of 0% officer compensation across all filings indicates a high degree of transparency regarding executive pay, or that executive functions are performed on a volunteer basis or by an external management company not directly compensated as officers.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Attleboro Corporate Center Association Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 90%
fundraising: 0%

According to IRS 990 filings, Attleboro Corporate Center Association Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all filings, which is highly unusual for an organization with annual revenues consistently exceeding $5 million. This suggests either a fully volunteer-led executive team or that executive services are provided by a related entity or through other arrangements not classified as direct officer compensation on the 990.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Attleboro Corporate Center Association Inc's IRS 990 filings:

Consistently low asset base relative to annual revenue, indicating minimal financial reserves.
Consistent 0% officer compensation for an organization with over $5M in revenue, which warrants further investigation into executive management structure and compensation practices.

Strengths

The following positive indicators were identified for Attleboro Corporate Center Association Inc:

High program efficiency suggested by tight operating margins, with expenses closely matching revenue.
Consistent financial reporting over 15 periods, demonstrating a stable operational history.
No reported fundraising expenses, suggesting either direct funding sources or integration of fundraising into administrative costs.

Frequently Asked Questions about Attleboro Corporate Center Association Inc

What is the nature of Attleboro Corporate Center Association Inc.'s programs given its NTEE code K20 (Housing, Shelter)?

The NTEE code K20 suggests the organization is involved in housing or shelter services. Given its consistent high expenses relative to revenue, it likely provides significant direct services or manages properties related to this mission.

How does Attleboro Corporate Center Association Inc. manage to operate with 0% officer compensation?

The consistent reporting of 0% officer compensation implies that executive leadership is either entirely volunteer-based, or compensation is structured in a way that it is not reported as officer compensation on the 990, possibly through a management contract with an external entity.

Why are the organization's assets so low relative to its annual revenue?

With assets of $146,559 against latest revenue of $6,751,926, the organization appears to operate with minimal reserves and capital. This could indicate a pass-through model where funds are quickly disbursed for program services, or a reliance on external funding for capital needs.

What is the source of the organization's consistent revenue exceeding $5 million annually?

The filings do not specify the revenue sources, but given the NTEE code K20, it could be from rental income, government grants for housing programs, or fees for services related to corporate center management or housing initiatives.

Filing History

IRS 990 filing history for Attleboro Corporate Center Association Inc showing financial trends over 15 years of public records:

Over 15 years of IRS 990 filings (2008–2023), Attleboro Corporate Center Association Inc's revenue has declined by 31.1%, moving from $8.4M to $5.8M. Total assets increased by 3.9% over the same period, from $126K to $131K. Total functional expenses fell by 31.1%, from $8.3M to $5.8M. In its most recent filing year (2023), Attleboro Corporate Center Association Inc reported a surplus of $55K, with revenue exceeding expenses. The organization holds $278K in liabilities against $131K in assets (debt-to-asset ratio: 211.9%), resulting in net assets of $-146,823.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$5.8M	$5.8M	$131K	$278K	—	View 990
2022	$6.5M	$6.4M	$116K	$317K	—	View 990
2021	$6.0M	$6.0M	$93K	$350K	—	View 990
2020	$6.2M	$6.3M	$67K	$395K	—	—
2019	$6.6M	$6.6M	$128K	$401K	—	—
2018	$6.3M	$6.4M	$144K	$390K	—	View 990
2017	$5.9M	$6.0M	$178K	$375K	—	View 990
2016	$5.7M	$5.8M	$188K	$325K	—	View 990
2015	$6.0M	$6.1M	$204K	$293K	—	View 990
2014	$5.7M	$5.7M	$200K	$251K	—	View 990
2013	$5.5M	$5.5M	$171K	$219K	—	View 990
2012	$4.4M	$4.4M	$200K	$188K	—	View 990
2011	$4.9M	$4.9M	$192K	$183K	—	View 990
2009	$6.7M	$6.7M	$151K	$118K	—	View 990
2008	$8.4M	$8.3M	$126K	$67K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $5.8M, expenses of $5.8M, and assets of $131K (revenue -10.2% year-over-year).
2022: Revenue of $6.5M, expenses of $6.4M, and assets of $116K (revenue +7.4% year-over-year).
2021: Revenue of $6.0M, expenses of $6.0M, and assets of $93K (revenue -3.1% year-over-year).
2020: Revenue of $6.2M, expenses of $6.3M, and assets of $67K (revenue -5.6% year-over-year).
2019: Revenue of $6.6M, expenses of $6.6M, and assets of $128K (revenue +4.0% year-over-year).
2018: Revenue of $6.3M, expenses of $6.4M, and assets of $144K (revenue +7.0% year-over-year).
2017: Revenue of $5.9M, expenses of $6.0M, and assets of $178K (revenue +3.5% year-over-year).
2016: Revenue of $5.7M, expenses of $5.8M, and assets of $188K (revenue -5.2% year-over-year).
2015: Revenue of $6.0M, expenses of $6.1M, and assets of $204K (revenue +5.8% year-over-year).
2014: Revenue of $5.7M, expenses of $5.7M, and assets of $200K (revenue +3.9% year-over-year).
2013: Revenue of $5.5M, expenses of $5.5M, and assets of $171K (revenue +25.7% year-over-year).
2012: Revenue of $4.4M, expenses of $4.4M, and assets of $200K (revenue -11.2% year-over-year).
2011: Revenue of $4.9M, expenses of $4.9M, and assets of $192K (revenue -26.3% year-over-year).
2009: Revenue of $6.7M, expenses of $6.7M, and assets of $151K (revenue -21.0% year-over-year).
2008: Revenue of $8.4M, expenses of $8.3M, and assets of $126K.

Data Sources and Methodology

This transparency report for Attleboro Corporate Center Association Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.