Civic Intelligence

North Central Massachusetts Development Corporation

EIN 04-2966372 • 501(c)3 • Fitchburg, MA

Profile

To expand economic development in north central massachusetts by providing a variety of marketing and lending opportunities to small businesses in cooperation with various federal and state agencies

860 South StreetFitchburg, MA 01420

northcentralmassonline.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

46th percentile

0.10x

Higher debt load relative to assets than 46% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

76th percentile

0.55x

Higher debt load relative to revenue than 76% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

58th percentile

8.3%

Higher net margin than 58% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

81st percentile

$218,226

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 18.4% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

29th percentile

-1.4%

Faster asset growth than 29% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

10th percentile

-27%

Faster revenue growth than 10% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$6,778,854

Down $94,917 (-1.4%) from 2023

Liabilities

Down

$652,000

Down $193,375 (-23%) from 2023

Net Assets

Up

$6,126,854

Up $98,458 (+1.6%) from 2023

Revenue

Down

$1,183,997

Down $430,238 (-27%) from 2023

Expenses

Down

$1,085,539

Down $162,444 (-13%) from 2023

Net Income

Down

$98,458

Down $267,794 (-73%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $1,399,827Liabilities 2010: $35,360Net Assets 2010: $1,364,4672010Assets 2011: $1,239,785Liabilities 2011: $50Net Assets 2011: $1,239,7352011Assets 2012: $1,183,930Liabilities 2012: $7,646Net Assets 2012: $1,176,2842012Assets 2013: $1,165,812Liabilities 2013: $21,853Net Assets 2013: $1,143,9592013Assets 2014: $1,193,507Liabilities 2014: $59,002Net Assets 2014: $1,134,5052014Assets 2015: $1,396,254Liabilities 2015: $222,232Net Assets 2015: $1,174,0222015Assets 2016: $1,740,246Liabilities 2016: $496,631Net Assets 2016: $1,243,6152016Assets 2017: $1,913,784Liabilities 2017: $474,493Net Assets 2017: $1,439,2912017Assets 2018: $2,170,554Liabilities 2018: $628,709Net Assets 2018: $1,541,8452018Assets 2019: $2,541,485Liabilities 2019: $713,005Net Assets 2019: $1,828,4802019Assets 2020: $3,393,831Liabilities 2020: $1,085,884Net Assets 2020: $2,307,9472020Assets 2021: $6,248,244Liabilities 2021: $1,137,791Net Assets 2021: $5,110,4532021Assets 2022: $7,059,159Liabilities 2022: $1,397,015Net Assets 2022: $5,662,1442022Assets 2023: $6,873,771Liabilities 2023: $845,375Net Assets 2023: $6,028,3962023Assets 2024: $6,778,854Liabilities 2024: $652,000Net Assets 2024: $6,126,8542024

Highlighted filing

2024

Assets$6,778,854
Liabilities$652,000
Net Assets$6,126,854

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$2.0M$0-$2.0MExpenses 2010: $264,2202010Revenue 2011: $98,001Expenses 2011: $355,733Net Income 2011: -$257,7322011Expenses 2012: $479,9672012Revenue 2013: $188,003Expenses 2013: $498,964Net Income 2013: -$310,9612013Revenue 2014: $219,200Expenses 2014: $406,154Net Income 2014: -$186,9542014Revenue 2015: $266,157Expenses 2015: $516,640Net Income 2015: -$250,4832015Revenue 2016: $324,685Expenses 2016: $596,692Net Income 2016: -$272,0072016Revenue 2017: $437,140Expenses 2017: $416,813Net Income 2017: $20,3272017Revenue 2018: $358,062Expenses 2018: $521,508Net Income 2018: -$163,4462018Revenue 2019: $659,999Expenses 2019: $1,004,364Net Income 2019: -$344,3652019Revenue 2020: $1,040,476Expenses 2020: $1,771,410Net Income 2020: -$730,9342020Revenue 2021: $3,602,305Expenses 2021: $2,555,056Net Income 2021: $1,047,2492021Revenue 2022: $2,376,134Expenses 2022: $1,292,443Net Income 2022: $1,083,6912022Revenue 2023: $1,614,235Expenses 2023: $1,247,983Net Income 2023: $366,2522023Revenue 2024: $1,183,997Expenses 2024: $1,085,539Net Income 2024: $98,4582024

Highlighted filing

2024

Revenue$1,183,997
Expenses$1,085,539
Net Income$98,458

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.78$0.65$6.13$1.18$1.09$0.10
2023Detailed filing. Detailed filing data is available for this year.$6.87$0.85$6.03$1.61$1.25$0.37
2022Detailed filing. Detailed filing data is available for this year.$7.06$1.40$5.66$2.38$1.29$1.08
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.25$1.14$5.11$3.60$2.56$1.05
2020Detailed filing. Detailed filing data is available for this year.$3.39$1.09$2.31$1.04$1.77$0.73
2019Detailed filing. Detailed filing data is available for this year.$2.54$0.71$1.83$0.66$1.00$0.34
2018Detailed filing. Detailed filing data is available for this year.$2.17$0.63$1.54$0.36$0.52$0.16
2017Detailed filing. Detailed filing data is available for this year.$1.91$0.47$1.44$0.44$0.42$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.74$0.50$1.24$0.32$0.60$0.27
2015Detailed filing. Detailed filing data is available for this year.$1.40$0.22$1.17$0.27$0.52$0.25
2014Detailed filing. Detailed filing data is available for this year.$1.19$0.06$1.13$0.22$0.41$0.19
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.02$1.14$0.19$0.50$0.31
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$0.01$1.18$0.48
2011Summary only. Only limited summary data is available for this year.$1.24$0.00$1.24$0.10$0.36$0.26
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.40$0.04$1.36$0.26
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Aug 6, 2025
Return Version
2023v6.0
Gross Receipts
$1,183,997
Mission and Program Overview

Mission

To expand economic development in north central massachusetts by providing a variety of marketing and lending opportunities to small businesses in cooperation with various federal and state agencies

Expanding economic opportunity in central massachusetts

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$3,159,009$3,225,682▲ $66,673
Savings and Temporary Cash Investments$3,487,190$2,783,894▼ $703,296
Cash and Non-Interest-Bearing Accounts$95,225$696,881▲ $601,656
Accounts Receivable$112,534$71,408▼ $41,126
Prepaid Expenses and Deferred Charges$17,344--
Land, Buildings, and Equipment, Net$2,469$989▼ $1,480
Total Assets$6,873,771$6,778,854▼ $94,917
Liabilities
Mortgage Notes Payable Secured by Investment Property$723,066$568,390▼ $154,676
Accounts Payable and Accrued Expenses$122,309$83,610▼ $38,699
Total Liabilities$845,375$652,000▼ $193,375
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,869,896$5,046,218▲ $176,322
Net Assets With Donor Restrictions$1,158,500$1,080,636▼ $77,864
Total Net Assets Fund Balance$6,028,396$6,126,854▲ $98,458
Total Liabilities and Net Assets / Fund Balance$6,873,771$6,778,854▼ $94,917

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$11,100$11,100
Equipment$989$6,413$7,402
Compensation and Service Providers

Board Members and Trustees

NameTitle
Raymond MartinoChairman
Roy NascimentoPresident, Treasurer
David DuvalVice Chair
Anthony MercadanteDirector
Christina DirussoDirector
Karen ThorneDirector
Mark FreemanDirector
Trevor BeauregardDirector
Raymond LafondClerk
Revenue and Support

Revenue Composition

Contributions and Grants
$925,262
Program Service Revenue
$194,837
Investment Income
$63,898
Other Revenue
$0
All Other Contributions
$24,090
Change in Net Assets
$98,458

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,183,997
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,183,997
Total Revenue per Form 990
$1,183,997
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$615,685
Salaries, Compensation, and Employee Benefits$469,854
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$271,832$132,162-$403,994
Fees for Services Other$53,644--$53,644
Occupancy$30,172$11,828-$42,000
Payroll Taxes$26,242$12,758-$39,000
Fees for Services Accounting-$28,100-$28,100
Office Expenses$21,226$1,643-$22,869
Pension Plan Contributions$14,608$7,102-$21,710
Insurance$8,741$3,427-$12,168
Travel$8,461$437-$8,898
Fees for Services Legal$5,160--$5,160
Other Employee Benefits$3,465$1,685-$5,150
Advertising$4,765$176-$4,941
Interest$4,187--$4,187
Depreciation Depletion-$1,480-$1,480
Information Technology$963--$963
Other Expenses$27,393$126-$126
Total Functional Expenses$866,944$218,595$0$1,085,539

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,085,539
Total Expenses per Audited Statements$1,085,539
Total Expenses per Form 990$1,085,539
Expenses Not Reported on Financial Statements$0
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
Lobbying 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
Audit committee
No
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
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 11B

The 990 is completed by the cpa firm in conjunction with the executive director and director of finance who review the completed 990 prior to filing. The board is notified the 990 is complete and may obtain a copy upon request.

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

A conflict of interest disclosure statement will be distributed to each director, officer and senior staff member prior to the september bod meeting each year. Completed forms are to be reviewed annually by the executive committee and appropriate action taken.

Form 990, Part VI, Section C, Line 19

Documents are available by request to teresa roberts, finance director, north central massachusetts development corporation, 860 south street, fitchburg, ma 01420.

Filing and Contact Details

Filer

Filer Name
North Central Massachusetts Development
EIN
04-2966372
Phone
9783537600
Address
860 SOUTH STREET, FITCHBURG, MA 01420

Signing Officer

Name
Roy Nascimento
Title
President
Phone
9783537600
Signed
2025-08-06

Organization Details

Principal Officer
Roy Nascimento
Formed
1986
Legal Domicile
Ma
Voting Board Members
9
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Firm
Daniel Dennis and Company Llp
Address
990 WASHINGTON STREET STE 203, DEDHAM, MA 02026
Preparer
Michael Driscoll
Phone
6172629898
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

This process has not changed from prior year.

Financial Statement Notes

PART X, LINE 2:

The organization evaluates its tax positions taken or expected to be taken in its tax returns to determine whether the tax positions are more-likely-than-not of being sustained by the applicable tax authority. Tax positions not deemed to meet the more-likely-than-not threshold, along with accrued interest and penalties thereon, would be recorded as an expense in the current year consolidated financial statements. Management has evaluated the tax positions taken in its previously filed returns and those expected to be taken in its fiscal year 2024 returns and believe they are more-likely-than-not of being sustained if examined by federal or state tax authorities.

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IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04869896
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt05046218
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt011828
IRS990/OccupancyGrp/ProgramServicesAmt030172
IRS990/OccupancyGrp/TotalAmt042000
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01643
IRS990/OfficeExpensesGrp/ProgramServicesAmt021226
IRS990/OfficeExpensesGrp/TotalAmt022869
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01685
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt03465
IRS990/OtherEmployeeBenefitsGrp/TotalAmt05150
IRS990/OtherExpensesGrp/Desc0PROVISIONS FOR LOAN LOS
IRS990/OtherExpensesGrp/Desc1ECONOMIC DEVELOPMENT
IRS990/OtherExpensesGrp/Desc2DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3SOLAR ENERGY INITIATIVE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt015
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt117656
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2126
IRS990/OtherExpensesGrp/ProgramServicesAmt0246859
IRS990/OtherExpensesGrp/ProgramServicesAmt1139226
IRS990/OtherExpensesGrp/ProgramServicesAmt227393
IRS990/OtherExpensesGrp/TotalAmt0246859
IRS990/OtherExpensesGrp/TotalAmt1139241
IRS990/OtherExpensesGrp/TotalAmt245049
IRS990/OtherExpensesGrp/TotalAmt3126
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0132162
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0271832
IRS990/OtherSalariesAndWagesGrp/TotalAmt0403994
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt03159009
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt03225682
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt012758
IRS990/PayrollTaxesGrp/ProgramServicesAmt026242
IRS990/PayrollTaxesGrp/TotalAmt039000
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt07102
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt014608
IRS990/PensionPlanContributionsGrp/TotalAmt021710
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt017344
IRS990/PrincipalOfficerNm0ROY NASCIMENTO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc1LOAN PROCESSING FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0155139
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt139698
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0155139
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt139698
IRS990/ProgSrvcAccomActy2Grp/Desc0TO EXPAND ECONOMIC DEVELOPMENT FOR BUSINESSES IN NORTH CENTRAL MASSACHUSETTS THROUGH MARKETING, NEWSLETTERS, WEBSITES AND MAILING LISTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0325445
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01457694
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt018933
IRS990/PYOtherExpensesAmt0685561
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0137608
IRS990/PYRevenuesLessExpensesAmt0366252
IRS990/PYSalariesCompEmpBnftPaidAmt0562422
IRS990/PYTotalExpensesAmt01247983
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01614235
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt098458
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0194837
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03487190
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02783894
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0901172
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01433840
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03333422
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02801422
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0923834
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt09393690
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt063898
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt018933
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0927
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0102404
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt093461
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0279623
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97110
IRS990ScheduleA/PublicSupportPY170Pct00.96690
IRS990ScheduleA/PublicSupportTotal170Amt09393690
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0901172
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01433840
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03333422
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02801422
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0923834
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt09393690
IRS990ScheduleA/TotalSupportAmt09673313
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0989
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06413
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07402
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01085539
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt011100
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt011100
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01183997
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION EVALUATES ITS TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN ITS TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE MORE-LIKELY-THAN-NOT OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD, ALONG WITH ACCRUED INTEREST AND PENALTIES THEREON, WOULD BE RECORDED AS AN EXPENSE IN THE CURRENT YEAR CONSOLIDATED FINANCIAL STATEMENTS. MANAGEMENT HAS EVALUATED THE TAX POSITIONS TAKEN IN ITS PREVIOUSLY FILED RETURNS AND THOSE EXPECTED TO BE TAKEN IN ITS FISCAL YEAR 2024 RETURNS AND BELIEVE THEY ARE MORE-LIKELY-THAN-NOT OF BEING SUSTAINED IF EXAMINED BY FEDERAL OR STATE TAX AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0989
IRS990ScheduleD/TotalExpensesPerForm990Amt01085539
IRS990ScheduleD/TotalRevenuePerForm990Amt01183997
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01183997
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01085539
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0218226
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ROY NASCIMENTO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT, TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0218226
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS COMPLETED BY THE CPA FIRM IN CONJUNCTION WITH THE EXECUTIVE DIRECTOR AND DIRECTOR OF FINANCE WHO REVIEW THE COMPLETED 990 PRIOR TO FILING. THE BOARD IS NOTIFIED THE 990 IS COMPLETE AND MAY OBTAIN A COPY UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A CONFLICT OF INTEREST DISCLOSURE STATEMENT WILL BE DISTRIBUTED TO EACH DIRECTOR, OFFICER AND SENIOR STAFF MEMBER PRIOR TO THE SEPTEMBER BOD MEETING EACH YEAR. COMPLETED FORMS ARE TO BE REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE AND APPROPRIATE ACTION TAKEN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE AVAILABLE BY REQUEST TO TERESA ROBERTS, FINANCE DIRECTOR, NORTH CENTRAL MASSACHUSETTS DEVELOPMENT CORPORATION, 860 SOUTH STREET, FITCHBURG, MA 01420.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0NORTH CENTRAL MASSACHUSETTS CHAMBER OF COMMERCE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1NORTH CENTRAL MASSACHUSETTS CHAMBER FOUNDATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2JOHNNY APPLESEED TRAIL ASSOCIATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0222505324
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1042774164
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2043318533
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO ADVANCE ECONOMIC, CIVIC & CULTURAL CONDITIONS OF NORTH CENTRAL MASS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1TO SUPPORT EDUCATIONAL AND SCIENTIFIC COMMUNITY OF NORTH CENTRAL MASS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2TO PROVIDE PUBLIC INFORMATION CONCERNING CULTURAL, HISTORICAL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0509(A)(2)

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