Liabilities / Assets
62nd percentile
Higher debt load relative to assets than 62% of similar nonprofits.
990 • Fiscal year 2022 • EIN 04-2973384
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
62nd percentile
Higher debt load relative to assets than 62% of similar nonprofits.
Liabilities / Revenue
87th percentile
Higher debt load relative to revenue than 87% of similar nonprofits.
Net Margin
76th percentile
Higher net margin than 76% of similar nonprofits.
Top Officer Pay
14th percentile
Higher top officer pay than 14% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
84th percentile
Faster asset growth than 84% of similar nonprofits.
Revenue Growth
88th percentile
Faster revenue growth than 88% of similar nonprofits.
Assets
Up$10,630,358
Up $2,267,238 (+27%) from 2021
Net Assets
Down$7,600,102
Down $705,549 (-8.5%) from 2021
Liabilities
Up$3,030,256
Up $2,972,787 (+5173%) from 2021
Revenue
Up$1,662,026
Up $629,527 (+61%) from 2021
Expenses
Up$1,244,150
Up $87,487 (+7.6%) from 2021
Net Income
Up$417,876
Up $542,040 (+437%) from 2021
SEE 990 PAGE 1, LINE 1.
To enlist private sector support in furtherance of the educational and charitable purposes of middlesex community college. It is the vehicle for fundraising from individuals, corporations, small businesses and private foundations.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $6,309,945 | $5,640,248 | ▼ $669,697 |
| Cash and Non-Interest-Bearing Accounts | $1,561,698 | $1,955,913 | ▲ $394,215 |
| Pledges and Grants Receivable | $75,262 | $36,665 | ▼ $38,597 |
| Land, Buildings, and Equipment, Net | $377,821 | $35,015 | ▼ $342,806 |
| Prepaid Expenses and Deferred Charges | $30,700 | $22,479 | ▼ $8,221 |
| Accounts Receivable | $1,000 | $8,000 | ▲ $7,000 |
| Other Notes and Loans Receivable, Net | $6,694 | - | - |
| Total Assets | $8,363,120 | $10,630,358 | ▲ $2,267,238 |
| Other Assets Total | - | $2,932,038 | - |
| Liabilities | |||
| Other Liabilities | - | $3,021,480 | - |
| Deferred Revenue | $5,000 | $4,883 | ▼ $117 |
| Accounts Payable and Accrued Expenses | $52,469 | $3,893 | ▼ $48,576 |
| Total Liabilities | $57,469 | $3,030,256 | ▲ $2,972,787 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $5,378,313 | $5,598,230 | ▲ $219,917 |
| Net Assets Without Donor Restrictions | $2,927,338 | $2,001,872 | ▼ $925,466 |
| Total Net Assets Fund Balance | $8,305,651 | $7,600,102 | ▼ $705,549 |
| Total Liabilities and Net Assets / Fund Balance | $8,363,120 | $10,630,358 | ▲ $2,267,238 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $15,015 | $360,415 | $375,430 |
| Equipment | - | $157,934 | $157,934 |
| Land | $20,000 | - | $20,000 |
| Other Assets Org | $1,368,628 | - | - |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2021 | $2,837,159 | - | - | - | $2,837,159 |
| 2020 | $2,768,277 | $68,882 | - | - | $2,837,159 |
| 2019 | $2,548,146 | $166,667 | ▲ $53,464 | - | $2,768,277 |
| 2018 | $2,533,535 | - | ▲ $14,611 | - | $2,548,146 |
| 2017 | $2,454,282 | - | ▲ $79,253 | - | $2,533,535 |
| Name | Title |
|---|---|
| James W Henderson | Chairman |
| Samir a Desai | President |
| Carole a Cowan | Director |
| Duane E Taylor | Director |
| Lois Alves | Director |
| Lura Smith | Director |
| Pete Lally | Director |
| Stephanie J Cronin | Director |
| William Chemelli | Director |
| David Basile | Assistant Tr |
| John P Chemaly | CEO |
| Fredrick Ciampa | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,038,946 |
| Grants and Similar Amounts Paid | $205,204 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Occupancy | - | $241,439 | - | $241,439 |
| Grants to Domestic Orgs | $205,204 | - | - | $205,204 |
| Fees for Services Other | - | $109,430 | - | $109,430 |
| Fees for Services Accounting | - | $23,000 | - | $23,000 |
| Fees for Service Investment Mgmnt Fees | - | $17,448 | - | $17,448 |
| Other Expenses | $628,837 | $2,248 | - | $2,248 |
| All Other Expenses | - | $537 | - | $537 |
| Total Functional Expenses | $834,041 | $410,109 | $0 | $1,244,150 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $1,321,575 |
| Total Expenses per Form 990 | $1,244,150 |
| Expenses per Audited Statements | $1,226,702 |
| Expenses Not Reported on Form 990 | $94,873 |
| Expenses Not Reported on Financial Statements | $17,448 |
| Other Expense Adjustments | $17,448 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Middlesex Community College | Bedford, MA | - | To Provide Scholarsh | $205,204 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $114,140 |
| Fundraising Direct Expenses | $79,028 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Spring Fundrais | $109,850 | $109,850 | $79,028 | $30,822 |
| Total Events | $109,850 | $109,850 | $79,028 | $30,822 |
| Liability | Amount |
|---|---|
| Unearned Ren | $1,563,410 |
| Lease Liability | $1,430,290 |
| Loan Payable Mcc | $27,780 |
“A draft of the 990 is reviewed by management prior to filing.”
“The foundation makes its governing documents, and financial statements available to the public upon request.”
“To enlist private sector support in furtherance of the educational and charitable purposes of middlesex community college. It is the vehicle for fundraising from individuals, corporations, small businesses and private foundations.”
“Prior period adjustment -33,990”
“The foundation, incorporated under chapter 180 of the massachusetts general laws as a tax exempt entity, has been granted tax-exempt status under internal revenue code (irc) section 501(c)(3) and is classified as a other than a private foundation as defined by section 509(a) of the irc. Therefore, it is generally exempt from federal and state income taxes. Accordingly, no provision for income taxes is provided for in the accompanying financial statements. The foundation reports its activities to the internal revenue service and to the commonwealth of massachusetts on an annual basis. These informational returns are generally suubject to audit and review by the governmental agencies for a period of three years after filing. Substantially all of the foundation's income, expenditures and activities relate to its exempt purpose. Therefore, management has determined that the foundation is not subject to unrelated business income taxes and will continue to qualify as a tax exempt not-for-profit entity.”
“Depreciation allocated to rental expense line 6b 15,845 special event cost reported on line 8b 79,028”
“Investment management fees 17,448”
“Depreciation allocated to rental expense line 6b 15,845 special event cost reported on line 8b 79,028”
“Investment management fees 17,448”
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 | 52469 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 3893 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 1000 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 8000 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | TO ENLIST PRIVATE SECTOR SUPPORT IN FURTHERANCE OF THE EDUCATIONAL AND CHARITABLE PURPOSES OF MIDDLESEX COMMUNITY COLLEGE. IT IS THE VEHICLE FOR FUNDRAISING FROM INDIVIDUALS, CORPORATIONS, SMALL BUSINESSES AND PRIVATE FOUNDATIONS. |
| IRS990/AllOtherContributionsAmt | 0 | 908071 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 537 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 537 |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | false |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | JACKSON CHEGE |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7812803509 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 591 SPRING ROAD |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | BEDFORD |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 01730 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 1561698 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 1955913 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | true |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| 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 | 908071 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 205204 |
| IRS990/CYInvestmentIncomeAmt | 0 | 502603 |
| IRS990/CYOtherExpensesAmt | 0 | 1038946 |
| IRS990/CYOtherRevenueAmt | 0 | 251352 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 417876 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 1244150 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1662026 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 5000 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 4883 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/Desc | 0 | TO ENABLE MIDDLESEX COMMUNITY COLLEGE, A STATE OWNED AND OPERATED EDUCATIONAL INSTITUTION TO PROVIDE EDUCATIONAL ASSISTANCE TO MASSACHUSETTS RESIDENTS. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 5378313 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 5598230 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | true |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 834041 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 23000 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 23000 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 109430 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 109430 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt | 0 | 17448 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 17448 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 2.00 |
| 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/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | 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/PersonNm | 0 | JOHN P CHEMALY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | SAMIR A DESAI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JAMES W HENDERSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | DUANE E TAYLOR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | DAVID BASILE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | LOIS ALVES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | LURA SMITH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | CAROLE A COWAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | WILLIAM CHEMELLI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | STEPHANIE J CRONIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | PETE LALLY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | FREDRICK CIAMPA |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| 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/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/TitleTxt | 0 | CEO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | ASSISTANT TR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | TREASURER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 1987 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | true |
| IRS990/FundraisingDirectExpensesAmt | 0 | 79028 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 114140 |
| IRS990/GainOrLossGrp/OtherAmt | 0 | 295306 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 91644 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 12 |
| IRS990/GrantAmt | 0 | 205204 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 205204 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 205204 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | true |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossAmountSalesAssetsGrp/OtherAmt | 0 | 725000 |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 91644 |
| IRS990/GrossReceiptsAmt | 0 | 2186593 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 11100 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 12 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 115653 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 115653 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 518349 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 377821 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 35015 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 553364 |
| IRS990/LegalDomicileStateCd | 0 | MA |
| IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt | 0 | 429694 |
| IRS990/LessRentalExpensesGrp/RealAmt | 0 | 15845 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | TO ENLIST PRIVATE SECTOR SUPPORT IN FURTHERANCE OF THE EDUCATIONAL AND CHARITABLE PURPOSES OF MIDDLESEX COMMUNITY COLLEGE. IT IS THE VEHICLE FOR FUNDRAISING FROM INDIVIDUALS, CORPORATIONS, SMALL BUSINESSES AND PRIVATE FOUNDATIONS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 8305651 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 7600102 |
| IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt | 0 | 386950 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 386950 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 35112 |
| IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt | 0 | -4745 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | -4745 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | -1089435 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 2927338 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 2001872 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 241439 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 241439 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 2932038 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | -33990 |
| IRS990/OtherExpensesGrp/Desc | 0 | PROGRAM EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 1 | COMMISSIONS |
| IRS990/OtherExpensesGrp/Desc | 2 | CREDIT CARD FEES |
| IRS990/OtherExpensesGrp/Desc | 3 | BANK CHARGES |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 12892 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 3115 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 2248 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 628837 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 628837 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 12892 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 3115 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 2248 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 3021480 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 532000 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | LICENSE INCOME |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 0 | 220985 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 220985 |
| IRS990/OtherRevenueTotalAmt | 0 | 220985 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 6694 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 75262 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 36665 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 30700 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 22479 |
| IRS990/PrincipalOfficerNm | 0 | JAMES W HENDERSON |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 722751 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 142671 |
| IRS990/PYInvestmentIncomeAmt | 0 | 112124 |
| IRS990/PYOtherExpensesAmt | 0 | 1013992 |
| IRS990/PYOtherRevenueAmt | 0 | 197624 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -124164 |
| IRS990/PYTotalExpensesAmt | 0 | 1156663 |
| IRS990/PYTotalRevenueAmt | 0 | 1032499 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 417876 |
| IRS990/RelatedEntityInd | 0 | true |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | -4745 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | true |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 6309945 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 5640248 |
| IRS990ScheduleA/CollegeOrganizationInd | 0 | X |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | OTHER INCOME 219,088 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | PART II, LINE 10 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 908071 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 722751 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 937906 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1009460 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1249382 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 4827570 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 115653 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 85174 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 98882 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 94991 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 66530 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 461230 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 290369 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt | 0 | 220985 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 219088 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 440073 |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.81900 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.83720 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 4692147 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 135423 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 908071 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 722751 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 937906 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1009460 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1249382 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 4827570 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 5728873 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 15015 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 360415 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 375430 |
| IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 2837159 |
| IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt | 0 | 2837159 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 2768277 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt | 0 | 68882 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 2837159 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 2548146 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt | 0 | 166667 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 2768277 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 53464 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 2533535 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 2548146 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 14611 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 2454282 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 2533535 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 79253 |
| IRS990ScheduleD/EndowmentsHeldRelatedOrgInd | 0 | false |
| IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd | 0 | false |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 157934 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 157934 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 94873 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 17448 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1226702 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 20000 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 20000 |
| IRS990ScheduleD/NetUnrealizedGainsInvstAmt | 0 | -1089435 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 1563410 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 1368628 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | RENT RECEIVABLE |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | RIGHT OF USE ASSET |
| IRS990ScheduleD/OtherExpensesIncludedAmt | 0 | 94873 |
| IRS990ScheduleD/OtherExpensesNotIncludedAmt | 0 | 17448 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 1563410 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 1430290 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 27780 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | UNEARNED REN |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | LEASE LIABILITY |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | LOAN PAYABLE MCC |
| IRS990ScheduleD/OtherRevenueAmt | 0 | 94873 |
| IRS990ScheduleD/OtherRevenuesNotIncludedAmt | 0 | 17448 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | -994562 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 17448 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1644578 |
| IRS990ScheduleD/SolicitedAssetsSaleInd | 0 | false |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE FOUNDATION, INCORPORATED UNDER CHAPTER 180 OF THE MASSACHUSETTS GENERAL LAWS AS A TAX EXEMPT ENTITY, HAS BEEN GRANTED TAX-EXEMPT STATUS UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3) AND IS CLASSIFIED AS A OTHER THAN A PRIVATE FOUNDATION AS DEFINED BY SECTION 509(A) OF THE IRC. THEREFORE, IT IS GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS PROVIDED FOR IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION REPORTS ITS ACTIVITIES TO THE INTERNAL REVENUE SERVICE AND TO THE COMMONWEALTH OF MASSACHUSETTS ON AN ANNUAL BASIS. THESE INFORMATIONAL RETURNS ARE GENERALLY SUUBJECT TO AUDIT AND REVIEW BY THE GOVERNMENTAL AGENCIES FOR A PERIOD OF THREE YEARS AFTER FILING. SUBSTANTIALLY ALL OF THE FOUNDATION'S INCOME, EXPENDITURES AND ACTIVITIES RELATE TO ITS EXEMPT PURPOSE. THEREFORE, MANAGEMENT HAS DETERMINED THAT THE FOUNDATION IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAXES AND WILL CONTINUE TO QUALIFY AS A TAX EXEMPT NOT-FOR-PROFIT ENTITY. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | DEPRECIATION ALLOCATED TO RENTAL EXPENSE LINE 6B 15,845 SPECIAL EVENT COST REPORTED ON LINE 8B 79,028 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 2 | INVESTMENT MANAGEMENT FEES 17,448 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 3 | DEPRECIATION ALLOCATED TO RENTAL EXPENSE LINE 6B 15,845 SPECIAL EVENT COST REPORTED ON LINE 8B 79,028 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 4 | INVESTMENT MANAGEMENT FEES 17,448 |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 3, PART X |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE D, PAGE 4, PART XI, LINE 2D |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | SCHEDULE D, PAGE 4, PART XI, LINE 4B |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | SCHEDULE D, PAGE 4, PART XII, LINE 2D |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | SCHEDULE D, PAGE 4, PART XII, LINE 4B |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 35015 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 2932038 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 1244150 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 3021480 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 1662026 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 650016 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1321575 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 79028 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | SPRING FUNDRAIS |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 109850 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 109850 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 109850 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 109850 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 30822 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 79028 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 79028 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | false |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2022 • Form 990Detailed filing. Detailed filing data is available for this year.