Liabilities / Assets
16th percentile
Higher debt load relative to assets than 16% of similar nonprofits.
990 • Fiscal year 2020 • EIN 04-2460259
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
16th percentile
Higher debt load relative to assets than 16% of similar nonprofits.
Liabilities / Revenue
66th percentile
Higher debt load relative to revenue than 66% of similar nonprofits.
Net Margin
1st percentile
Higher net margin than 1% of similar nonprofits.
Top Officer Pay
50th percentile
Higher top officer pay than 50% of similar nonprofits.
Top officer pay equals 265.8% of source-year revenue.
Asset Growth
13th percentile
Faster asset growth than 13% of similar nonprofits.
Revenue Growth
5th percentile
Faster revenue growth than 5% of similar nonprofits.
Assets
Down$17,105,150
Down $987,482 (-5.5%) from 2019
Net Assets
Down$17,079,533
Down $1,001,513 (-5.5%) from 2019
Liabilities
Up$25,617
Up $14,031 (+121%) from 2019
Revenue
Down$37,622
Down $152,521 (-80%) from 2019
Expenses
Down$430,423
Down $74,633 (-15%) from 2019
Net Income
Down-$392,801
Down $77,888 (-25%) from 2019
To assist in the economic cultural and historical development of the greater haverhill area
To assist in the economic, cultural, and historical development of the greater haverhill area
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $17,844,271 | $16,842,758 | ▼ $1,001,513 |
| Investments Program Related | $13,048,475 | $13,082,429 | ▲ $33,954 |
| Investments in Publicly Traded Securities | $2,151,593 | $1,927,379 | ▼ $224,214 |
| Accounts Receivable | $1,086,879 | $927,825 | ▼ $159,054 |
| Savings and Temporary Cash Investments | $1,420,211 | $844,541 | ▼ $575,670 |
| Other Notes and Loans Receivable, Net | $380,066 | $257,955 | ▼ $122,111 |
| Cap Stk Tr Prin Current Funds | $222,554 | $222,554 | → $0 |
| Cash and Non-Interest-Bearing Accounts | - | $50,803 | - |
| Pd in Cap Srpls Land Bldg Eqp Fund | $14,221 | $14,221 | → $0 |
| Land, Buildings, and Equipment, Net | - | $8,810 | - |
| Prepaid Expenses and Deferred Charges | $5,408 | $5,408 | → $0 |
| Total Assets | $18,092,632 | $17,105,150 | ▼ $987,482 |
| Liabilities | |||
| Deferred Revenue | - | $22,843 | - |
| Accounts Payable and Accrued Expenses | $11,586 | $2,774 | ▼ $8,812 |
| Total Liabilities | $11,586 | $25,617 | ▲ $14,031 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $18,081,046 | $17,079,533 | ▼ $1,001,513 |
| Total Liabilities and Net Assets / Fund Balance | $18,092,632 | $17,105,150 | ▼ $987,482 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Leasehold Improvements | $5,161 | $271 | $5,432 |
| Equipment | $3,649 | $506 | $4,155 |
| Investment Program Related Org | $1,369,820 | - | - |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Ronald Trombley | Managing Director | FT | $99,996 | $99,996 |
| Name | Title |
|---|---|
| Kenneth Cavallaro | President |
| Brian Dempsey | Director |
| Caitlyn Masys | Director |
| Danielle Smida | Director |
| David Goodwin | Director |
| Eric Lafleur | Director |
| Francis Bevilacqua | Director |
| James Traver | Director |
| Jeff Linehan | Director |
| Kristen Murphy | Director |
| Paul Bergman | Director |
| Peter Carbone | Director |
| Randall Bennett | Director |
| Richard Breault | Director |
| Samantha Petrou | Director |
| VINCENT O'RORKE | Director |
| Paul Accardi | 1st VP |
| Steve Jaskelevicus | 2nd VP |
| Kevin Doody | Assistant Cl |
| Terrance Beaton | Asst. Treasu |
| Joseph Cleary | Clerk |
| Thomas Mortimer | Past Preside |
| Timothy Jordan | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $286,773 |
| Salaries, Compensation, and Employee Benefits | $123,434 |
| Grants and Similar Amounts Paid | $20,216 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | $184,788 | $11,463 | - | $196,251 |
| Other Salaries and Wages | $91,394 | $22,849 | - | $114,243 |
| Office Expenses | - | $21,767 | - | $21,767 |
| Fees for Services Accounting | - | $20,130 | - | $20,130 |
| Grants to Domestic Orgs | $19,216 | - | - | $19,216 |
| Fees for Service Investment Mgmnt Fees | - | $14,680 | - | $14,680 |
| Insurance | $5,901 | $5,901 | - | $11,802 |
| Occupancy | $5,238 | $5,239 | - | $10,477 |
| Payroll Taxes | $7,353 | $1,838 | - | $9,191 |
| Other Expenses | $7,125 | - | - | $7,125 |
| Travel | - | $3,764 | - | $3,764 |
| Grants to Domestic Individuals | $1,000 | - | - | $1,000 |
| Depreciation Depletion | - | $777 | - | $777 |
| Total Functional Expenses | $322,015 | $108,408 | $0 | $430,423 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Haverhill Chamber of Commerce | Haverhill, MA | - | Sponsorship | $12,966 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| - | Director | Capital Call | No | $450,000 |
| - | Wife - Director | Consulting | No | $90,000 |
| - | Asst Treasurer | Financial Mgmt | No | $13,965 |
| - | Director | Computer Services | No | $11,983 |
| - | Director | Insurance | No | $6,888 |
| - | Director | Rent | No | $2,400 |
“STOCKHOLDERS”
“The foundation's officers review & approve the form 990 prior to filing”
“The managing director's compensation is approved by the executive committee.”
“Financial statements are available upon request or can be viewed on third - party websites such as guidestar or massachusetts attorney general's division of public charties.”
“Consolidated filing with ghf merrimack street, llc”
“Professional fees 184,788 11,463 0”
“Merrimack st ventures llc equity inv -355,833 woolworth partners equity inv -60,212 write off of compound note -113,878 total -529,923”
“The organization accounts for the effect of any uncertain tax positions based on a "more likely than not" threshold to the recognition of the tax positions being sustained based on the technical merits of the position under scrutiny by the applicable taxing authority. If a tax position or positions are deemed to result in uncertainties of those positions, the unrecognized tax benefit is estimated based on a "cumulative probability assessment" that aggregates the estimated tax liability for all uncertain tax positions. Interest and penalties assessed, if any, are accrued as income tax expense. The organization is not currently under examination by any taxing jurisdiction. The organization has identified its tax status as a tax- exempt entity as its only significant tax position; however, the organization has determined that such a tax position does not result in an uncertainty requiring recognition. The organization's form 990, return of organization exempt from income is subject to examination by the irs, generally for three years after the return is filed.”
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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 11586 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 2774 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 1086879 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 927825 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | TO ASSIST IN THE ECONOMIC, CULTURAL, AND HISTORICAL DEVELOPMENT OF THE GREATER HAVERHILL AREA |
| IRS990/AddressChangeInd | 0 | X |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | DEBORAH AUCLAIR |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9788913994 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2 MERRIMACK STREET SUITE 505 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | HAVERHILL |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 01830 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | true |
| IRS990/BusinessRlnWithFamMemInd | 0 | true |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 222554 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 222554 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 50803 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | false |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | true |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 20216 |
| IRS990/CYInvestmentIncomeAmt | 0 | 37622 |
| IRS990/CYOtherExpensesAmt | 0 | 286773 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -392801 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 123434 |
| IRS990/CYTotalExpensesAmt | 0 | 430423 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 37622 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 22843 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 777 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 777 |
| IRS990/Desc | 0 | TO FURTHER HAVERHILL DEVELOPMENT THROUGH A VARIETY OF ACTIVITIES RELATED TO COMMERCIAL AND RESIDENTIAL DEVELOPMENT AND TO DEVELOP THE AREA AS A CIVIC,CULTURAL, HISTORICAL CENTER. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | true |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 2 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 322015 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 20130 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 20130 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 11463 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 184788 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 196251 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt | 0 | 14680 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 14680 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 15 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 16 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 17 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 18 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 19 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 20 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 21 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 22 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 23 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | RONALD TROMBLEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | PAUL ACCARDI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | TERRANCE BEATON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | RANDALL BENNETT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | PAUL BERGMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | FRANCIS BEVILACQUA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | RICHARD BREAULT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | PETER CARBONE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | KENNETH CAVALLARO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | JOSEPH CLEARY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | BRIAN DEMPSEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | KEVIN DOODY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | DAVID GOODWIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | STEVE JASKELEVICUS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | TIMOTHY JORDAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | ERIC LAFLEUR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | JEFF LINEHAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | CAITLYN MASYS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 18 | THOMAS MORTIMER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 19 | KRISTEN MURPHY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 20 | VINCENT O'RORKE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 21 | SAMANTHA PETROU |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 22 | DANIELLE SMIDA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 23 | JAMES TRAVER |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 99996 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 23 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 23 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | MANAGING DIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | 1ST VP |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | ASST. TREASU |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | CLERK |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | ASSISTANT CL |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | 2ND VP |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | PAST PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 20 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 21 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 22 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 23 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1964 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | -26629 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GrantAmt | 0 | 20216 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 1000 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 1000 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 19216 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 19216 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | true |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 320571 |
| IRS990/GrossReceiptsAmt | 0 | 384822 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 6 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 5901 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 5901 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 11802 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 64251 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 64251 |
| IRS990/InvestmentInJointVentureInd | 0 | true |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 13048475 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 13082429 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 2151593 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 1927379 |
| IRS990/IRPDocumentCnt | 0 | 11 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 777 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 8810 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 9587 |
| IRS990/LegalDomicileStateCd | 0 | MA |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 347200 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | TO ASSIST IN THE ECONOMIC, CULTURAL, AND HISTORICAL DEVELOPMENT OF THE GREATER HAVERHILL AREA |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 18081046 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 17079533 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | -26629 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | -26629 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | -78789 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 5239 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 5238 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 10477 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 21767 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 21767 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | -529923 |
| IRS990/OtherExpensesGrp/Desc | 0 | SOCIAL WELFARE |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 7125 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 7125 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 22849 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 91394 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 114243 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 380066 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 257955 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 1838 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 7353 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 9191 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 14221 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 14221 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 5408 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 5408 |
| IRS990/PrincipalOfficerNm | 0 | RONALD TROMBLEY |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 15333 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 15032 |
| IRS990/PYInvestmentIncomeAmt | 0 | 174810 |
| IRS990/PYOtherExpensesAmt | 0 | 342176 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -314913 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 147848 |
| IRS990/PYTotalExpensesAmt | 0 | 505056 |
| IRS990/PYTotalRevenueAmt | 0 | 190143 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -392801 |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | true |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 17844271 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 16842758 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 1420211 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 844541 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 3649 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 506 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 4155 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 0 | 11712609 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 1 | 1369820 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 0 | MERRIMACK STREET VENTURES LLC |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 1 | WOOLWORTH PARTNERS LLC |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 0 | C |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 1 | C |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 5161 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 271 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 5432 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. INTEREST AND PENALTIES ASSESSED, IF ANY, ARE ACCRUED AS INCOME TAX EXPENSE. THE ORGANIZATION IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. THE ORGANIZATION HAS IDENTIFIED ITS TAX STATUS AS A TAX- EXEMPT ENTITY AS ITS ONLY SIGNIFICANT TAX POSITION; HOWEVER, THE ORGANIZATION HAS DETERMINED THAT SUCH A TAX POSITION DOES NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE ORGANIZATION'S FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME IS SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THE RETURN IS FILED. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 3, PART X |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 8810 |
| IRS990ScheduleD/TotalBookValueProgramRltdAmt | 0 | 13082429 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | false |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 0 | 12966 |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 0 | SPONSORSHIP |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 0 | HAVERHILL CHAMBER OF COMMERCE |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 2 MERRIMACK STREET SUITE 3 |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | HAVERHILL |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 0 | 01830 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt | 0 | GOLD LEAF FINE JEWELRY |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt | 1 | BEATON MANAGEMENT |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt | 2 | JAMES PAGE INSURANCE |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt | 3 | NORTHEAST COMPUTER |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt | 4 | WOOLWORTH PARTNERS |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt | 5 | WOOLWORTH PARTNERS |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 0 | WIFE - DIRECTOR |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 1 | ASST TREASURER |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 2 | DIRECTOR |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 3 | DIRECTOR |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 4 | DIRECTOR |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 5 | DIRECTOR |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 0 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 1 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 2 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 3 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 4 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 5 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 0 | 90000 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 1 | 13965 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 2 | 6888 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 3 | 11983 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 4 | 2400 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 5 | 450000 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 0 | CONSULTING |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 1 | FINANCIAL MGMT |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 2 | INSURANCE |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 3 | COMPUTER SERVICES |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 4 | RENT |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 5 | CAPITAL CALL |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | CONSOLIDATED FILING WITH GHF MERRIMACK STREET, LLC |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | STOCKHOLDERS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE FOUNDATION'S OFFICERS REVIEW & APPROVE THE FORM 990 PRIOR TO FILING |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE MANAGING DIRECTOR'S COMPENSATION IS APPROVED BY THE EXECUTIVE COMMITTEE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST OR CAN BE VIEWED ON THIRD - PARTY WEBSITES SUCH AS GUIDESTAR OR MASSACHUSETTS ATTORNEY GENERAL'S DIVISION OF PUBLIC CHARTIES. |
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Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.