Civic Intelligence

Massachusetts Alliance for Economic Development

990 • Fiscal year 2015 • EIN 04-3172007

Jul 01, 2014 to Jun 30, 2015 • Filed on Jan 13, 2016

Organization ProfileWWW.MASSECON.COM

View Organization Page

101 Walnut StreetWatertown, MA 02472

(617) 924-4600

Siviq Scores

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

Liabilities / Assets

75th percentile

0.32x

Higher debt load relative to assets than 75% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

84th percentile

0.40x

Higher debt load relative to revenue than 84% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Net Margin

50th percentile

3.4%

Higher net margin than 50% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

76th percentile

$114,708

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 23.0% of source-year revenue.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Asset Growth

65th percentile

9.1%

Faster asset growth than 65% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

75th percentile

13%

Faster revenue growth than 75% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets75th percentile

Assets

Up

$630,205

Up $52,545 (+9.1%) from 2014

Net Assets

Up

$429,849

Up $16,729 (+4.0%) from 2014

Liabilities

Up

$200,356

Up $35,816 (+22%) from 2014

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin50th percentile

Revenue

Up

$498,403

Up $56,791 (+13%) from 2014

Expenses

Up

$481,674

Up $48,478 (+11%) from 2014

Net Income

Up

$16,729

Up $8,313 (+99%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth65th percentile

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

$800K$600K$400K$200K$0Assets 2011: $620,502Liabilities 2011: $184,216Net Assets 2011: $436,2862011Assets 2012: $606,343Liabilities 2012: $206,106Net Assets 2012: $400,2372012Assets 2013: $578,387Liabilities 2013: $173,683Net Assets 2013: $404,7042013Assets 2014: $577,660Liabilities 2014: $164,540Net Assets 2014: $413,1202014Assets 2015: $630,205Liabilities 2015: $200,356Net Assets 2015: $429,8492015Assets 2016: $690,387Liabilities 2016: $183,996Net Assets 2016: $506,3912016Assets 2017: $711,965Liabilities 2017: $191,023Net Assets 2017: $520,9422017Assets 2018: $756,948Liabilities 2018: $200,217Net Assets 2018: $556,7312018Assets 2019: $569,715Liabilities 2019: $157,097Net Assets 2019: $412,6182019Assets 2020: $533,205Liabilities 2020: $24,485Net Assets 2020: $508,7202020Assets 2021: $510,747Liabilities 2021: $29,914Net Assets 2021: $480,8332021Assets 2022: $473,460Liabilities 2022: $59,818Net Assets 2022: $413,6422022Assets 2023: $228,581Liabilities 2023: $80,338Net Assets 2023: $148,2432023Assets 2024: $321,834Liabilities 2024: $86,003Net Assets 2024: $235,8312024

Highlighted filing

2015

Assets$630,205
Liabilities$200,356
Net Assets$429,849
Open 2015 Filing

Operations Trend

Revenue Growth75th percentile

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

$1.0M$500K$0-$500KRevenue 2011: $449,966Expenses 2011: $525,106Net Income 2011: -$75,1402011Expenses 2012: $485,4912012Revenue 2013: $415,819Expenses 2013: $411,354Net Income 2013: $4,4652013Revenue 2014: $441,612Expenses 2014: $433,196Net Income 2014: $8,4162014Revenue 2015: $498,403Expenses 2015: $481,674Net Income 2015: $16,7292015Revenue 2016: $537,438Expenses 2016: $460,896Net Income 2016: $76,5422016Revenue 2017: $527,169Expenses 2017: $490,832Net Income 2017: $36,3372017Revenue 2018: $563,385Expenses 2018: $527,596Net Income 2018: $35,7892018Revenue 2019: $519,124Expenses 2019: $663,237Net Income 2019: -$144,1132019Revenue 2020: $712,771Expenses 2020: $616,669Net Income 2020: $96,1022020Revenue 2021: $491,193Expenses 2021: $519,078Net Income 2021: -$27,8852021Revenue 2022: $610,661Expenses 2022: $677,852Net Income 2022: -$67,1912022Revenue 2023: $482,566Expenses 2023: $747,965Net Income 2023: -$265,3992023Revenue 2024: $818,130Expenses 2024: $730,542Net Income 2024: $87,5882024

Highlighted filing

2015

Revenue$498,403
Expenses$481,674
Net Income$16,729
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 13, 2016
Return Version
2014v6.0
Gross Receipts
$498,403
Mission and Program Overview

Mission

Provides programs and services to support the retention and growth of business and jobs in massachusetts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$534,550$610,269▲ $75,719
Accounts Receivable$27,065$14,060▼ $13,005
Cash and Non-Interest-Bearing Accounts$15,419$5,103▼ $10,316
Land, Buildings, and Equipment, Net$554$701▲ $147
Investments Other Securities$72$72→ $0
Total Assets$577,660$630,205▲ $52,545
Liabilities
Deferred Revenue$143,624$150,999▲ $7,375
Accounts Payable and Accrued Expenses$20,916$49,357▲ $28,441
Total Liabilities$164,540$200,356▲ $35,816
Net Assets / Fund Balance
Unrestricted Net Assets$413,120$429,849▲ $16,729
Total Net Assets Fund Balance$413,120$429,849▲ $16,729
Total Liabilities and Net Assets / Fund Balance$577,660$630,205▲ $52,545

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$701$84,282$84,983
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Susan HoustonExecutive DirectorFT$114,708$114,708

Board Members and Trustees

NameTitle
Brian CohenChairman
Greg BusconeVice Chair/treasurer
Bill HarrisDirector
Chris CrooksDirector
Chris SteeleDirector
Chuck FullerDirector
DAVID L'HEUREUXDirector
David BegelferDirector
David HayesDirector
David a TibbettsDirector
Fred MulliganDirector
Marty JonesDirector
Michael DigianoDirector
Michael ScottDirector
Ned BartlettDirector
Paul BauerDirector
Rebecca FrischDirector
Robert BrustlinDirector
Stephen FlavinDirector
William Van DamDirector
Geoff HowellClerk
Revenue and Support

Revenue Composition

Contributions and Grants
$279,125
Program Service Revenue
$216,705
Investment Income
$2,507
Other Revenue
$66
Change in Net Assets
$16,729

Audited Revenue Reconciliation

Revenue per Audited Statements
$498,403
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$498,403
Total Revenue per Form 990
$498,403
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$302,322
Other Expenses$179,352
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$216,084$55,442-$271,526
Payroll Taxes$22,048$3,006-$25,054
All Other Expenses$8,206$10,670-$18,876
Fees for Services Accounting-$13,685-$13,685
Occupancy$12,325--$12,325
Travel-$7,896-$7,896
Other Employee Benefits$5,054$688-$5,742
Other Expenses$5,000--$5,000
Office Expenses$2,028$277-$2,305
Insurance$1,827$249-$2,076
Fees for Services Legal-$1,200-$1,200
Depreciation Depletion-$404-$404
Fees for Services Other-$284-$284
Total Functional Expenses$387,873$93,801$0$481,674

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$481,674
Total Expenses per Audited Statements$481,674
Total Expenses per Form 990$481,674
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
In-house lobbying only
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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 A, Line 7A

“The members of massecon elect the board of directors.”

Form 990, Part VI, Section B, Line 11

“Organization management works with the independent accountants in the preparation of the form 990 and the form 990 is provided to and reviewed by the executive committee prior to its submission.”

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

“The organization requires officers and directors to disclose any conflicts of interest on an annual basis. If a member has a conflict of interest, that member must abstain from voting on any matters related to the conflict.”

Form 990, Part VI, Section B, Line 15

“When an employee is hired the executive committee uses comparable data to determine starting salary. The executive committee then reviews annually and determines compensation based on performance and the annual budget.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Massachusetts Alliance for Economic
EIN
04-3172007
Phone
6179244600
Address
101 WALNUT STREET, WATERTOWN, MA 02472

Signing Officer

Name
Susan Houston
Title
Executive Director
Phone
7814896262
Signed
2016-01-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susan Houston
Formed
1993
Legal Domicile
Ma
Voting Board Members
18
Independent Board Members
18
Employees
7
Volunteers
0

Preparer

Firm
Feeley & Driscoll Pc
Address
200 PORTLAND STREET, BOSTON, MA 02114
Preparer
Jeffrey T Rogers
Phone
6177427788
Raw XML AppendixShowing 400 of 512 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13VICE CHAIR/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01993
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0498403
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0249
IRS990/InsuranceGrp/ProgramServicesAmt01827
IRS990/InsuranceGrp/TotalAmt02076
IRS990/InvestmentIncomeGrp/ExclusionAmt02507
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02507
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt072
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt072
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt084282
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0554
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0701
IRS990/LandBldgEquipCostOrOtherBssAmt084983
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt0279125
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDES PROGRAMS AND SERVICES TO SUPPORT THE RETENTION AND GROWTH OF BUSINESS AND JOBS IN MASSACHUSETTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0413120
IRS990/NetAssetsOrFundBalancesEOYAmt0429849
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt012325
IRS990/OccupancyGrp/TotalAmt012325
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0277
IRS990/OfficeExpensesGrp/ProgramServicesAmt02028
IRS990/OfficeExpensesGrp/TotalAmt02305
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0688
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05054
IRS990/OtherEmployeeBenefitsGrp/TotalAmt05742
IRS990/OtherExpensesGrp/Desc0EVENTS AND PROGRAMS
IRS990/OtherExpensesGrp/Desc1TRADE SHOWS
IRS990/OtherExpensesGrp/Desc2LOCATION SUPPORT
IRS990/OtherExpensesGrp/Desc3WEBSITE DESIGN
IRS990/OtherExpensesGrp/ProgramServicesAmt066082
IRS990/OtherExpensesGrp/ProgramServicesAmt130118
IRS990/OtherExpensesGrp/ProgramServicesAmt219101
IRS990/OtherExpensesGrp/ProgramServicesAmt35000
IRS990/OtherExpensesGrp/TotalAmt066082
IRS990/OtherExpensesGrp/TotalAmt130118
IRS990/OtherExpensesGrp/TotalAmt219101
IRS990/OtherExpensesGrp/TotalAmt35000
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt066
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt066
IRS990/OtherRevenueTotalAmt066
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt055442
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0216084
IRS990/OtherSalariesAndWagesGrp/TotalAmt0271526
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03006
IRS990/PayrollTaxesGrp/ProgramServicesAmt022048
IRS990/PayrollTaxesGrp/TotalAmt025054
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0SUSAN HOUSTON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0EVENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0216705
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0216705
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0269125
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0674
IRS990/PYOtherExpensesAmt0145446
IRS990/PYOtherRevenueAmt07818
IRS990/PYProgramServiceRevenueAmt0163995
IRS990/PYRevenuesLessExpensesAmt08416
IRS990/PYSalariesCompEmpBnftPaidAmt0287750
IRS990/PYTotalExpensesAmt0433196
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0441612
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt016729
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0498403
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0534550
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0610269
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/DuesAssessmentsAmt0279125
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DID NOT HAVE ANY SECTION 162(E) NONDEDUCTIBLE LOBBYING OR POLITICAL EXPENDITURES DURING THE YEAR ENDED JUNE 30, 2015.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE C, PART III-B, LINE 2
IRS990ScheduleD/EquipmentGrp/BookValueAmt0701
IRS990ScheduleD/EquipmentGrp/DepreciationAmt084282
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt084983
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0481674
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0498403
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0701
IRS990ScheduleD/TotalExpensesPerForm990Amt0481674
IRS990ScheduleD/TotalRevenuePerForm990Amt0498403
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0498403
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0481674
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MEMBERS OF MASSECON ELECT THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATION MANAGEMENT WORKS WITH THE INDEPENDENT ACCOUNTANTS IN THE PREPARATION OF THE FORM 990 AND THE FORM 990 IS PROVIDED TO AND REVIEWED BY THE EXECUTIVE COMMITTEE PRIOR TO ITS SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION REQUIRES OFFICERS AND DIRECTORS TO DISCLOSE ANY CONFLICTS OF INTEREST ON AN ANNUAL BASIS. IF A MEMBER HAS A CONFLICT OF INTEREST, THAT MEMBER MUST ABSTAIN FROM VOTING ON ANY MATTERS RELATED TO THE CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3WHEN AN EMPLOYEE IS HIRED THE EXECUTIVE COMMITTEE USES COMPARABLE DATA TO DETERMINE STARTING SALARY. THE EXECUTIVE COMMITTEE THEN REVIEWS ANNUALLY AND DETERMINES COMPENSATION BASED ON PERFORMANCE AND THE ANNUAL BUDGET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MASSACHUSETTS ECONOMIC DEVELOPMENT FOUNDATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0043451191

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$630,205
Liabilities
$200,356
Net assets
$429,849
Revenue
$498,403
Expenses
$481,674
Net income
$16,729
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.22$0.86$2.36$8.18$7.31$0.88
2023Detailed filing. Detailed filing data is available for this year.$2.29$0.80$1.48$4.83$7.48$2.65
2022Detailed filing. Detailed filing data is available for this year.$4.73$0.60$4.14$6.11$6.78$0.67
2021Detailed filing. Detailed filing data is available for this year.$5.11$0.30$4.81$4.91$5.19$0.28
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.33$0.24$5.09$7.13$6.17$0.96
2019Detailed filing. Detailed filing data is available for this year.$5.70$1.57$4.13$5.19$6.63$1.44
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.57$2.00$5.57$5.63$5.28$0.36
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.12$1.91$5.21$5.27$4.91$0.36
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.90$1.84$5.06$5.37$4.61$0.77
2015Detailed filing. Detailed filing data is available for this year.$6.30$2.00$4.30$4.98$4.82$0.17
2014Detailed filing. Detailed filing data is available for this year.$5.78$1.65$4.13$4.42$4.33$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.78$1.74$4.05$4.16$4.11$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.06$2.06$4.00$4.85
2011Summary only. Only limited summary data is available for this year.$6.21$1.84$4.36$4.50$5.25$0.75
Peer Organizations

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