Civic Intelligence

Plumbing Heating Cooling Contractors of Massachusetts Inc

990 • Fiscal year 2013 • EIN 04-2057147

Jan 01, 2013 to Dec 31, 2013 • Filed on May 09, 2014

400 Washington Street No 401Braintree, MA 02184-4767

(781) 843-3800

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

80th percentile

0.43x

Higher debt load relative to assets than 80% of similar nonprofits.

2013 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

88th percentile

0.53x

Higher debt load relative to revenue than 88% of similar nonprofits.

2013 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2013

Net Margin

11th percentile

-11%

Higher net margin than 11% of similar nonprofits.

2013 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2013

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2013 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2013

Asset Growth

40th percentile

0.8%

Faster asset growth than 40% of similar nonprofits.

2013 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Up

$895,966

Up $6,959 (+0.8%) from 2012

Net Assets

Down

$514,638

Down $40,256 (-7.3%) from 2012

Liabilities

Up

$381,328

Up $47,215 (+14%) from 2012

Revenue

$720,088

No earlier filing loaded for comparison.

Expenses

Down

$795,747

Down $90,083 (-10%) from 2012

Net Income

-$75,659

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $889,386Liabilities 2011: $349,964Net Assets 2011: $539,4222011Assets 2012: $889,007Liabilities 2012: $334,113Net Assets 2012: $554,8942012Assets 2013: $895,966Liabilities 2013: $381,328Net Assets 2013: $514,6382013Assets 2014: $846,983Liabilities 2014: $339,279Net Assets 2014: $507,7042014Assets 2015: $1,019,119Liabilities 2015: $457,940Net Assets 2015: $561,1792015Assets 2016: $1,050,791Liabilities 2016: $401,871Net Assets 2016: $648,9202016Assets 2017: $1,158,114Liabilities 2017: $414,146Net Assets 2017: $743,9682017Assets 2018: $1,346,784Liabilities 2018: $463,086Net Assets 2018: $883,6982018Assets 2019: $1,387,579Liabilities 2019: $348,865Net Assets 2019: $1,038,7142019Assets 2020: $1,159,823Liabilities 2020: $127,944Net Assets 2020: $1,031,8792020Assets 2021: $1,573,052Liabilities 2021: $400,052Net Assets 2021: $1,173,0002021Assets 2022: $1,772,445Liabilities 2022: $571,358Net Assets 2022: $1,201,0872022Assets 2023: $2,089,053Liabilities 2023: $546,110Net Assets 2023: $1,542,9432023Assets 2024: $2,281,399Liabilities 2024: $507,447Net Assets 2024: $1,773,9522024

Highlighted filing

2013

Assets$895,966
Liabilities$381,328
Net Assets$514,638

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $806,6432011Expenses 2012: $885,8302012Revenue 2013: $720,088Expenses 2013: $795,747Net Income 2013: -$75,6592013Revenue 2014: $854,522Expenses 2014: $858,204Net Income 2014: -$3,6822014Revenue 2015: $980,827Expenses 2015: $898,511Net Income 2015: $82,3162015Revenue 2016: $981,232Expenses 2016: $913,396Net Income 2016: $67,8362016Revenue 2017: $953,889Expenses 2017: $894,663Net Income 2017: $59,2262017Revenue 2018: $1,240,692Expenses 2018: $967,079Net Income 2018: $273,6132018Revenue 2019: $1,012,808Expenses 2019: $956,580Net Income 2019: $56,2282019Revenue 2020: $913,639Expenses 2020: $930,575Net Income 2020: -$16,9362020Revenue 2021: $979,809Expenses 2021: $867,242Net Income 2021: $112,5672021Revenue 2022: $1,252,362Expenses 2022: $1,066,156Net Income 2022: $186,2062022Revenue 2023: $1,379,567Expenses 2023: $1,107,405Net Income 2023: $272,1622023Revenue 2024: $1,623,764Expenses 2024: $1,321,873Net Income 2024: $301,8912024

Highlighted filing

2013

Revenue$720,088
Expenses$795,747
Net Income-$75,659
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 9, 2014
Return Version
2013v3.0
Gross Receipts
$948,091
Mission and Program Overview

Mission

To provide education and dissemination of knowledge pertaining to the plumbing-heating-cooling industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$438,401$454,038▲ $15,637
Cash and Non-Interest-Bearing Accounts$152,932$153,021▲ $89
Accounts Receivable$137,676$124,431▼ $13,245
Inventories for Sale or Use$34,416$34,616▲ $200
Prepaid Expenses and Deferred Charges$14,813$12,150▼ $2,663
Land, Buildings, and Equipment, Net$2,947$1,277▼ $1,670
Total Assets$889,007$895,966▲ $6,959
Other Assets Total$107,822$116,433▲ $8,611
Liabilities
Deferred Revenue$260,726$299,739▲ $39,013
Accounts Payable and Accrued Expenses$73,387$81,589▲ $8,202
Total Liabilities$334,113$381,328▲ $47,215
Net Assets / Fund Balance
Unrestricted Net Assets$554,894$514,638▼ $40,256
Total Net Assets Fund Balance$554,894$514,638▼ $40,256
Total Liabilities and Net Assets / Fund Balance$889,007$895,966▲ $6,959

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,277$72,085$73,362
Leasehold Improvements$0$5,513$5,513
Investment Program Related Org$454,038--
Other Assets Org$21,660--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Owen GeogheganPresident
Andrew J LynePresident-elect
John CersosimoVice President
Brian MacdonaldBoard of Directors
Frank McdonnellBoard of Directors
Frank MonroeBoard of Directors
JOHN O'LEARYBoard of Directors
John KlesarisBoard of Directors
John MaconeBoard of Directors
Joseph SullivanBoard of Directors
Joseph WhitneyBoard of Directors
Kenneth NielsenBoard of Directors
Michael AllenBoard of Directors
Michael PetrilliBoard of Directors
Richard SteadmanBoard of Directors
Robert BasnettBoard of Directors
William GroverBoard of Directors
William LeydonBoard of Directors
Edward KellyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$166,183
Program Service Revenue
$486,493
Investment Income
$36,017
Other Revenue
$31,395
Change in Net Assets
$-75,659
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$557,812
Salaries, Compensation, and Employee Benefits$221,388
Grants and Similar Amounts Paid$918
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$173,261
Occupancy---$41,550
All Other Expenses---$33,963
Payroll Taxes---$29,131
Other Expenses---$20,114
Other Employee Benefits---$18,996
Benefits to Members---$15,629
Conferences and Meetings---$14,195
Information Technology---$13,348
Travel---$11,732
Office Expenses---$9,241
Fees for Service Investment Mgmnt Fees---$5,782
Insurance---$5,770
Fees for Services Accounting---$2,500
Fees for Services Other---$1,871
Depreciation Depletion---$1,671
Grants to Domestic Orgs---$918
Total Functional Expenses$0$0$0$795,747
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$51,319
Fundraising Direct Expenses$40,787
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

Executive director will review a final draft. If necessay he will forward to the accountant any modifications. Executive director will have final approval of the form 990.

Form 990, Part VI, Section B, Line 12C

All members are required to disclose annually any conflict of interest. The board of directors as necessay will investigate any situation that is brought to their attention and take any appropriate action deemed necessary.

Form 990, Part VI, Section C, Line 18

WEBSITE

Form 990, Part VI, Section C, Line 19

All doucments are available either on the organization's website or if not on the website upon request.

Filing and Contact Details

Filer

EIN
04-2057147
Phone
7818433800

Signing Officer

Name
Owen Geoghegan
Title
President
Phone
7818433800
Signed
2014-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Owen Geoghegan
Formed
1893
Legal Domicile
Ma
Voting Board Members
19
Independent Board Members
19
Employees
15
Volunteers
0

Preparer

Preparer
Peter Anderson
Phone
6172544422
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IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
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IRS990/MembershipDuesAmt0166183
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE EDUCATION AND DISSEMINATION OF KNOWLEDGE PERTAINING TO THE PLUMBING-HEATING-COOLING INDUSTRY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0554894
IRS990/NetAssetsOrFundBalancesEOYAmt0514638
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt018995
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt018995
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt010532
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt010532
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt020863
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt020863
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt035403
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt041550
IRS990/OfficeExpensesGrp/TotalAmt09241
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0107822
IRS990/OtherAssetsTotalGrp/EOYAmt0116433
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt018996
IRS990/OtherExpensesGrp/Desc0CONTINUING EDUCATION EX
IRS990/OtherExpensesGrp/Desc1TRADE SHOW EXPENSES
IRS990/OtherExpensesGrp/Desc2BOARD AND OFFICER EXPEN
IRS990/OtherExpensesGrp/Desc3CREDIT CARD FEES
IRS990/OtherExpensesGrp/TotalAmt0213037
IRS990/OtherExpensesGrp/TotalAmt1135648
IRS990/OtherExpensesGrp/TotalAmt247390
IRS990/OtherExpensesGrp/TotalAmt320114
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/TotalAmt029131
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt014813
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt012150
IRS990/PrincipalOfficerNm0OWEN GEOGHEGAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/BusinessCd4611710
IRS990/ProgramServiceRevenueGrp/Desc0CONTINUING EDUCATION R
IRS990/ProgramServiceRevenueGrp/Desc1TRADE SHOW REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2FUNCTIONS REVENUE
IRS990/ProgramServiceRevenueGrp/Desc3CONVENTION REVENUE
IRS990/ProgramServiceRevenueGrp/Desc4MISCELLANEOUS REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0240556
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1229413
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt27815
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt33150
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt43004
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0240556
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1229413
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt27815
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt33150
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt43004
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt017027
IRS990/PYContributionsGrantsAmt0184019
IRS990/PYGrantsAndSimilarPaidAmt03028
IRS990/PYInvestmentIncomeAmt09314
IRS990/PYOtherExpensesAmt0644036
IRS990/PYOtherRevenueAmt034010
IRS990/PYProgramServiceRevenueAmt0633619
IRS990/PYRevenuesLessExpensesAmt0-24868
IRS990/PYSalariesCompEmpBnftPaidAmt0221739
IRS990/PYTotalExpensesAmt0885830
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0860962
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-75659
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd01
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt01277
IRS990ScheduleD/EquipmentGrp/DepreciationAmt072085
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt073362
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0454038
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0RAYMOND JAMES INVESTMENTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt05513
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt05513
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt092224
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt12549
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt221660
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ACCOUNTS RECEIVABLE - AFFILIATE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2DUE FROM AFFILIATE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01277
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0116433
IRS990ScheduleD/TotalBookValueProgramRltdAmt0454038
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXECUTIVE DIRECTOR WILL REVIEW A FINAL DRAFT. IF NECESSAY HE WILL FORWARD TO THE ACCOUNTANT ANY MODIFICATIONS. EXECUTIVE DIRECTOR WILL HAVE FINAL APPROVAL OF THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL MEMBERS ARE REQUIRED TO DISCLOSE ANNUALLY ANY CONFLICT OF INTEREST. THE BOARD OF DIRECTORS AS NECESSAY WILL INVESTIGATE ANY SITUATION THAT IS BROUGHT TO THEIR ATTENTION AND TAKE ANY APPROPRIATE ACTION DEEMED NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WEBSITE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL DOUCMENTS ARE AVAILABLE EITHER ON THE ORGANIZATION'S WEBSITE OR IF NOT ON THE WEBSITE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0043086307
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct01.00000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0MAGAZINE PUBLICATION
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine10NEW ENGLAND PROGRESS MAGAZINE INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine10400 WASHINGTON STREET SUITE 401
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/City0BRAINTREE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/State0MA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCode002184
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.28$0.51$1.77$1.62$1.32$0.30
2023Detailed filing. Detailed filing data is available for this year.$2.09$0.55$1.54$1.38$1.11$0.27
2022Detailed filing. Detailed filing data is available for this year.$1.77$0.57$1.20$1.25$1.07$0.19
2021Detailed filing. Detailed filing data is available for this year.$1.57$0.40$1.17$0.98$0.87$0.11
2020Detailed filing. Detailed filing data is available for this year.$1.16$0.13$1.03$0.91$0.93$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.39$0.35$1.04$1.01$0.96$0.06
2018Detailed filing. Detailed filing data is available for this year.$1.35$0.46$0.88$1.24$0.97$0.27
2017Detailed filing. Detailed filing data is available for this year.$1.16$0.41$0.74$0.95$0.89$0.06
2016Detailed filing. Detailed filing data is available for this year.$1.05$0.40$0.65$0.98$0.91$0.07
2015Detailed filing. Detailed filing data is available for this year.$1.02$0.46$0.56$0.98$0.90$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.85$0.34$0.51$0.85$0.86$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.90$0.38$0.51$0.72$0.80$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.33$0.55$0.89
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.35$0.54$0.81