Civic Intelligence

Massachusetts Bricklayers and Masons Health & Welfare Fund

990 • Fiscal year 2020 • EIN 04-2145367

Apr 01, 2019 to Mar 31, 2020 • Filed on Jan 14, 2021

Organization ProfileN/A

View Organization Page

645 Morrissey BlvdBoston, MA 02122

(617) 436-5000

Siviq Scores

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

Liabilities / Assets

59th percentile

0.06x

Higher debt load relative to assets than 59% of similar nonprofits.

2020 filings • 501(c)9 • $50M-$100M nonprofits • Source year 2020

Liabilities / Revenue

63rd percentile

0.10x

Higher debt load relative to revenue than 63% of similar nonprofits.

2020 filings • 501(c)9 • $50M-$100M nonprofits • Source year 2020

Net Margin

46th percentile

3.6%

Higher net margin than 46% of similar nonprofits.

2020 filings • 501(c)9 • $50M-$100M nonprofits • Source year 2020

Top Officer Pay

85th percentile

$274,432

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2020 filings • 501(c)9 • $50M-$100M nonprofits • Source year 2020

Asset Growth

31st percentile

3.5%

Faster asset growth than 31% of similar nonprofits.

2020 filings • 501(c)9 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Revenue Growth

33rd percentile

-5.4%

Faster revenue growth than 33% of similar nonprofits.

2020 filings • 501(c)9 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$51,740,431

Up $1,760,238 (+3.5%) from 2019

Net Assets

Up

$48,624,403

Up $1,224,302 (+2.6%) from 2019

Liabilities

Up

$3,116,028

Up $535,936 (+21%) from 2019

Revenue And Expenses
Liabilities / Revenue63rd percentileNet Margin46th percentile

Revenue

Down

$30,883,431

Down $1,767,562 (-5.4%) from 2019

Expenses

Up

$29,770,106

Up $1,326,367 (+4.7%) from 2019

Net Income

Down

$1,113,325

Down $3,093,929 (-74%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth31st percentile

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

$60M$40M$20M$0Assets 2010: $28,836,173Liabilities 2010: $2,598,020Net Assets 2010: $26,238,1532010Assets 2011: $28,834,443Liabilities 2011: $2,997,729Net Assets 2011: $25,836,7142011Assets 2012: $28,647,196Liabilities 2012: $2,675,079Net Assets 2012: $25,972,1172012Assets 2013: $32,129,689Liabilities 2013: $3,300,098Net Assets 2013: $28,829,5912013Assets 2014: $37,462,567Liabilities 2014: $2,677,725Net Assets 2014: $34,784,8422014Assets 2015: $39,310,563Liabilities 2015: $2,541,246Net Assets 2015: $36,769,3172015Assets 2016: $42,566,482Liabilities 2016: $3,493,345Net Assets 2016: $39,073,1372016Assets 2017: $40,669,463Liabilities 2017: $2,796,594Net Assets 2017: $37,872,8692017Assets 2018: $43,832,148Liabilities 2018: $2,739,641Net Assets 2018: $41,092,5072018Assets 2019: $49,980,193Liabilities 2019: $2,580,092Net Assets 2019: $47,400,1012019Assets 2020: $51,740,431Liabilities 2020: $3,116,028Net Assets 2020: $48,624,4032020Assets 2021: $56,562,864Liabilities 2021: $2,976,930Net Assets 2021: $53,585,9342021Assets 2022: $55,070,264Liabilities 2022: $1,310,125Net Assets 2022: $53,760,1392022Assets 2023: $53,101,991Liabilities 2023: $2,448,114Net Assets 2023: $50,653,8772023Assets 2024: $57,010,212Liabilities 2024: $3,623,952Net Assets 2024: $53,386,2602024Assets 2025: $54,239,210Liabilities 2025: $3,224,056Net Assets 2025: $51,015,1542025

Highlighted filing

2020

Assets$51,740,431
Liabilities$3,116,028
Net Assets$48,624,403
Open 2020 Filing

Operations Trend

Revenue Growth33rd percentile

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

$40M$20M$0-$20MExpenses 2010: $22,110,6022010Revenue 2011: $19,873,053Expenses 2011: $23,881,731Net Income 2011: -$4,008,6782011Expenses 2012: $24,328,2282012Revenue 2013: $24,532,153Expenses 2013: $23,178,416Net Income 2013: $1,353,7372013Revenue 2014: $27,378,045Expenses 2014: $23,148,596Net Income 2014: $4,229,4492014Revenue 2015: $24,781,793Expenses 2015: $24,873,947Net Income 2015: -$92,1542015Revenue 2016: $27,909,522Expenses 2016: $26,251,378Net Income 2016: $1,658,1442016Revenue 2017: $26,445,017Expenses 2017: $28,989,985Net Income 2017: -$2,544,9682017Revenue 2018: $29,796,159Expenses 2018: $27,100,511Net Income 2018: $2,695,6482018Revenue 2019: $32,650,993Expenses 2019: $28,443,739Net Income 2019: $4,207,2542019Revenue 2020: $30,883,431Expenses 2020: $29,770,106Net Income 2020: $1,113,3252020Revenue 2021: $27,395,018Expenses 2021: $29,331,935Net Income 2021: -$1,936,9172021Revenue 2022: $32,665,597Expenses 2022: $31,054,322Net Income 2022: $1,611,2752022Revenue 2023: $32,035,431Expenses 2023: $32,058,528Net Income 2023: -$23,0972023Revenue 2024: $34,685,172Expenses 2024: $34,834,765Net Income 2024: -$149,5932024Revenue 2025: $33,994,153Expenses 2025: $36,383,311Net Income 2025: -$2,389,1582025

Highlighted filing

2020

Revenue$30,883,431
Expenses$29,770,106
Net Income$1,113,325
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Apr 1, 2019 to Mar 31, 2020
Signed
Jan 14, 2021
Return Version
2019v5.1
Gross Receipts
$30,919,316
Mission and Program Overview

Mission

PROVIDE MEDICAL BENEFITS

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$47,400,101$48,624,403▲ $1,224,302
Investments Other Securities$38,548,398$42,353,597▲ $3,805,199
Savings and Temporary Cash Investments$7,607,653$6,217,208▼ $1,390,445
Accounts Receivable$3,748,436$3,076,325▼ $672,111
Land, Buildings, and Equipment, Net$35,377$48,829▲ $13,452
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$49,980,193$51,740,431▲ $1,760,238
Other Assets Total$40,329$44,472▲ $4,143
Liabilities
Other Liabilities$1,889,313$2,968,821▲ $1,079,508
Accounts Payable and Accrued Expenses$690,779$147,207▼ $543,572
Total Liabilities$2,580,092$3,116,028▲ $535,936
Net Assets / Fund Balance
Total Net Assets Fund Balance$47,400,101$48,624,403▲ $1,224,302
Total Liabilities and Net Assets / Fund Balance$49,980,193$51,740,431▲ $1,760,238

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$48,829$690,393$739,222
Other Securities$7,452,452--
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Chuck Raso IiExecutive DirectorPT$63,194$10,750$73,944
Ray Gaita JrAssistant to Executive DirectorPT$45,055$10,750$55,805
Gregory SarnoEmployeePT$43,893$10,750$54,643

Board Members and Trustees

NameTitle
Charles RasoTrustee
David Riley KreamerTrustee
Gregory SalvucciTrustee
James Dailey JrTrustee
James PimentalTrustee
Joseph GrenhamTrustee
Joseph IacopucciTrustee
Leslie CarrioTrustee
Patrick FolanTrustee
Paul Ferraro SrTrustee
Richard LavoieTrustee
Richard PachecoTrustee
Robert RizziTrustee
Stephen GrandeTrustee
Thomas MccormickTrustee
William McconnellTrustee

Highest Paid Contractors

ContractorServicesLocationCompensation
Blue Cross Blue ShieldHealthcare And Stop Loss Insurance401 PARK DRIVE, Boston, MA 02215$821,733
Delta DentalDental Care465 MEDFORD STREET, Boston, MA 02129$111,171
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$30,497,153
Investment Income
$386,278
Other Revenue
$0
Change in Net Assets
$1,113,325

Audited Revenue Reconciliation

Revenue per Audited Statements
$30,804,699
Revenue Not Reported on Financial Statements
$78,732
Revenue Not Reported on Form 990
$110,977
Total Revenue per Audited Statements
$30,915,676
Total Revenue per Form 990
$30,883,431
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,030,631
Salaries, Compensation, and Employee Benefits$679,210
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$28,060,265
Other Salaries and Wages---$499,206
Other Employee Benefits---$134,149
Fees for Service Investment Mgmnt Fees---$78,732
Fees for Services Other---$71,000
Occupancy---$58,314
Fees for Services Legal---$56,594
Information Technology---$53,967
Payroll Taxes---$45,855
Fees for Services Accounting---$36,360
Office Expenses---$24,015
Insurance---$18,983
Depreciation Depletion---$10,370
Travel---$6,962
Other Expenses---$5,172
Conferences and Meetings---$4,763
All Other Expenses---$3,599
Total Functional Expenses$0$0$0$29,770,106

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$29,770,105
Expenses per Audited Statements$28,611,866
Total Expenses per Audited Statements$28,611,866
Expenses Not Reported on Financial Statements$1,158,239
Other Expense Adjustments$1,079,507
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Health Claims Payable$2,968,821
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Collectively bargained multiemployer plan for members of masachusetts bricklayers and masons union”

Form 990, Part VI, Section B, Line 11B

“Trustees review and approve the form 990 prior to filing”

Form 990, Part VI, Section B, Line 12

“Fund is subject to rules and regulations of employee retirement security act (erisa)”

Form 990, Part VI, Section B, Line 15A

“Compensation subject to approval of the board of trustees”

Form 990, Part VI, Section C, Line 19

“No documents available to public”

Filing and Contact Details

Filer

Filer Name
Massachusetts Bricklayers & Masons
EIN
04-2145367
Phone
6174365000
Address
645 MORRISSEY BLVD, BOSTON, MA 02122

Signing Officer

Name
Charles Raso Ii
Title
Executive Director
Phone
6174965003
Signed
2021-01-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles Raso Ii
Formed
1952
Legal Domicile
Ma
Voting Board Members
16
Independent Board Members
16
Employees
35
Volunteers
0

Preparer

Firm
Manzi & Associates LLC
Address
855 TURNPIKE STREET, NORTH ANDOVER, MA 01845
Preparer
Jeannie Mickel
Phone
9789751099
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The organization has not changed its oversight process during the tax year.”

Financial Statement Notes

PART X, LINE 2:

“Accounting principles generally accepted in the united states of america require plan management to evaluate tax positions taken by the plan and recognize a tax liability (or asset) if the plan has taken an uncertain position that more likely than not would be sustained upon examination by the department of labor and internal revenue service. The plan administrator has analyzed the tax positions taken by the plan, and has concluded that as of march 31, 2020, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Change in plans total benefit obligation 1,079,507.”

Raw XML AppendixShowing 400 of 1,106 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0690779
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0147207
IRS990/AccountsReceivableGrp/BOYAmt03748436
IRS990/AccountsReceivableGrp/EOYAmt03076325
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE MEDICAL BENEFITS
IRS990/AllOtherExpensesGrp/TotalAmt03599
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BenefitsToMembersGrp/TotalAmt028060265
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CHARLES RASO JR
IRS990/BooksInCareOfDetail/PhoneNum06174365500
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0645 MORRISEEY BLVD
IRS990/BooksInCareOfDetail/USAddress/CityNm0BOSTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002122
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt02
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/TotalAmt04763
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0821733
IRS990/ContractorCompensationGrp/CompensationAmt1111171
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0401 PARK DRIVE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1465 MEDFORD STREET
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0BOSTON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1BOSTON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1MA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd002215
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd102129
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0BLUE CROSS BLUE SHIELD
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1DELTA DENTAL
IRS990/ContractorCompensationGrp/ServicesDesc0HEALTHCARE AND STOP LOSS INSURANCE
IRS990/ContractorCompensationGrp/ServicesDesc1DENTAL CARE
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt028060265
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0386278
IRS990/CYOtherExpensesAmt01030631
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt030497153
IRS990/CYRevenuesLessExpensesAmt01113325
IRS990/CYSalariesCompEmpBnftPaidAmt0679210
IRS990/CYTotalExpensesAmt029770106
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt030883431
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt010370
IRS990/Desc0PROVIDE MEDICAL BENEFITS
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt035
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt036360
IRS990/FeesForServicesLegalGrp/TotalAmt056594
IRS990/FeesForServicesOtherGrp/TotalAmt071000
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt078732
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt112.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt122.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt132.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt142.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt152.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt168.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1713.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt186.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt16101822
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1782401
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1882332
IRS990/Form990PartVIISectionAGrp/PersonNm0WILLIAM MCCONNELL
IRS990/Form990PartVIISectionAGrp/PersonNm1PATRICK FOLAN
IRS990/Form990PartVIISectionAGrp/PersonNm2GREGORY SALVUCCI
IRS990/Form990PartVIISectionAGrp/PersonNm3JOSEPH IACOPUCCI
IRS990/Form990PartVIISectionAGrp/PersonNm4THOMAS MCCORMICK
IRS990/Form990PartVIISectionAGrp/PersonNm5STEPHEN GRANDE
IRS990/Form990PartVIISectionAGrp/PersonNm6CHARLES RASO
IRS990/Form990PartVIISectionAGrp/PersonNm7JAMES DAILEY JR
IRS990/Form990PartVIISectionAGrp/PersonNm8ROBERT RIZZI
IRS990/Form990PartVIISectionAGrp/PersonNm9RICHARD LAVOIE
IRS990/Form990PartVIISectionAGrp/PersonNm10DAVID RILEY KREAMER
IRS990/Form990PartVIISectionAGrp/PersonNm11LESLIE CARRIO
IRS990/Form990PartVIISectionAGrp/PersonNm12RICHARD PACHECO
IRS990/Form990PartVIISectionAGrp/PersonNm13JOSEPH GRENHAM
IRS990/Form990PartVIISectionAGrp/PersonNm14PAUL FERRARO SR
IRS990/Form990PartVIISectionAGrp/PersonNm15JAMES PIMENTAL
IRS990/Form990PartVIISectionAGrp/PersonNm16CHUCK RASO II
IRS990/Form990PartVIISectionAGrp/PersonNm17GREGORY SARNO
IRS990/Form990PartVIISectionAGrp/PersonNm18RAY GAITA JR
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1663194
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1743893
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1845055
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt16109416
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1775998
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1878009
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17EMPLOYEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18ASSISTANT TO EXECUTIVE DIR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01952
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt02820
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt038705
IRS990/GrossReceiptsAmt030919316
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt053967
IRS990/InsuranceGrp/TotalAmt018983
IRS990/InvestmentIncomeGrp/ExclusionAmt0383458
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0383458
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt038548398
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt042353597
IRS990/IRPDocumentCnt061
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0690393
IRS990/LandBldgEquipBasisNetGrp/BOYAmt035377
IRS990/LandBldgEquipBasisNetGrp/EOYAmt048829
IRS990/LandBldgEquipCostOrOtherBssAmt0739222
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt035885
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDE MEDICAL BENEFITS
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt047400101
IRS990/NetAssetsOrFundBalancesEOYAmt048624403
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt02820
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt02820
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0110977
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt058314
IRS990/OfficeExpensesGrp/TotalAmt024015
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt040329
IRS990/OtherAssetsTotalGrp/EOYAmt044472
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0134149
IRS990/OtherExpensesGrp/Desc0STOP LOSS PREMIUMS
IRS990/OtherExpensesGrp/Desc1PCORI TRANSITIONAL REIN
IRS990/OtherExpensesGrp/Desc2POSTAGE
IRS990/OtherExpensesGrp/Desc3CONSULTING FEES - BCBS
IRS990/OtherExpensesGrp/TotalAmt0585244
IRS990/OtherExpensesGrp/TotalAmt19121
IRS990/OtherExpensesGrp/TotalAmt27435
IRS990/OtherExpensesGrp/TotalAmt35172
IRS990/OtherLiabilitiesGrp/BOYAmt01889313
IRS990/OtherLiabilitiesGrp/EOYAmt02968821
IRS990/OtherSalariesAndWagesGrp/TotalAmt0499206
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt045855
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0CHARLES RASO II
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0EMPLOYER CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/Desc1EMPLOYEE CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt029394219
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11102934
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt029394219
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11102934
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt026874934
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0329919
IRS990/PYOtherExpensesAmt0908407
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt032321074
IRS990/PYRevenuesLessExpensesAmt04207254
IRS990/PYSalariesCompEmpBnftPaidAmt0660398
IRS990/PYTotalExpensesAmt028443739
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt032650993
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt01113325
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt047400101
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt048624403
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07607653
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06217208
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01158239
IRS990ScheduleD/ExpensesSubtotalAmt028611866
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt078732
IRS990ScheduleD/InvestmentExpensesNotIncldAmt078732
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0110977
IRS990ScheduleD/OtherExpensesNotIncludedAmt01079507
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt048829
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0690393
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0739222
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02968821
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0HEALTH CLAIMS PAYABLE
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt013049991
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt113698282
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt28152872
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt37452452
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INTERMEDIATE US GOVT/CRD BOND FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc1STATE STREET S&P 500 FLAGSHIP FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc2PRU CORE PLUS BOND FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc3INCOME RESEARCH MANAGEMENT
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3F
IRS990ScheduleD/RevenueNotReportedAmt0110977
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt078732
IRS990ScheduleD/RevenueSubtotalAmt030804699
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD BE SUSTAINED UPON EXAMINATION BY THE DEPARTMENT OF LABOR AND INTERNAL REVENUE SERVICE. THE PLAN ADMINISTRATOR HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN, AND HAS CONCLUDED THAT AS OF MARCH 31, 2020, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1CHANGE IN PLANS TOTAL BENEFIT OBLIGATION 1,079,507.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt048829
IRS990ScheduleD/TotalBookValueSecuritiesAmt042353597
IRS990ScheduleD/TotalExpensesPerForm990Amt029770105
IRS990ScheduleD/TotalLiabilityAmt02968821
IRS990ScheduleD/TotalRevenuePerForm990Amt030883431
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt030915676
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt028611866
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt063194
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt143893
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt245055
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0109416
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt175998
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt278009
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt091072
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt171651
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt271582

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$51,740,431
Liabilities
$3,116,028
Net assets
$48,624,403
Revenue
$30,883,431
Expenses
$29,770,106
Net income
$1,113,325
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$54.2$3.22$51.0$34.0$36.4$2.39
2024Detailed filing. Detailed filing data is available for this year.$57.0$3.62$53.4$34.7$34.8$0.15
2023Detailed filing. Detailed filing data is available for this year.$53.1$2.45$50.7$32.0$32.1$0.02
2022Detailed filing. Detailed filing data is available for this year.$55.1$1.31$53.8$32.7$31.1$1.61
2021Detailed filing. Detailed filing data is available for this year.$56.6$2.98$53.6$27.4$29.3$1.94
2020Detailed filing. Detailed filing data is available for this year.$51.7$3.12$48.6$30.9$29.8$1.11
2019Detailed filing. Detailed filing data is available for this year.$50.0$2.58$47.4$32.7$28.4$4.21
2018Detailed filing. Detailed filing data is available for this year.$43.8$2.74$41.1$29.8$27.1$2.70
2017Detailed filing. Detailed filing data is available for this year.$40.7$2.80$37.9$26.4$29.0$2.54
2016Detailed filing. Detailed filing data is available for this year.$42.6$3.49$39.1$27.9$26.3$1.66
2015Detailed filing. Detailed filing data is available for this year.$39.3$2.54$36.8$24.8$24.9$0.09
2014Detailed filing. Detailed filing data is available for this year.$37.5$2.68$34.8$27.4$23.1$4.23
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.1$3.30$28.8$24.5$23.2$1.35
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.6$2.68$26.0$24.3
2011Summary only. Only limited summary data is available for this year.$28.8$3.00$25.8$19.9$23.9$4.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.8$2.60$26.2$22.1