Civic Intelligence

New Bedford Economic Development Council Inc.

990 • Fiscal year 2016 • EIN 04-3244024

Jul 01, 2015 to Jun 30, 2016 • Filed on Sep 21, 2016

Organization Profilewww.nbedc.org

View Organization Page

1213 Purchase StreetNew Bedford, MA 02740

(508) 991-3122

Siviq Scores

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

Liabilities / Assets

64th percentile

0.33x

Higher debt load relative to assets than 64% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

82nd percentile

1.15x

Higher debt load relative to revenue than 82% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

48th percentile

1.5%

Higher net margin than 48% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

29th percentile

-2.6%

Faster asset growth than 29% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

17th percentile

-16%

Faster revenue growth than 17% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets64th percentile

Assets

Down

$5,205,757

Down $138,683 (-2.6%) from 2015

Net Assets

Up

$3,471,544

Up $23,234 (+0.7%) from 2015

Liabilities

Down

$1,734,213

Down $161,917 (-8.5%) from 2015

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin48th percentile

Revenue

Down

$1,512,972

Down $298,686 (-16%) from 2015

Expenses

Down

$1,489,738

Down $292,771 (-16%) from 2015

Net Income

Down

$23,234

Down $5,915 (-20%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth29th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $5,466,157Liabilities 2011: $1,845,359Net Assets 2011: $3,620,7982011Assets 2012: $5,699,924Liabilities 2012: $2,294,296Net Assets 2012: $3,405,6282012Assets 2013: $5,879,308Liabilities 2013: $2,467,806Net Assets 2013: $3,411,5022013Assets 2014: $5,421,533Liabilities 2014: $2,002,372Net Assets 2014: $3,419,1612014Assets 2015: $5,344,440Liabilities 2015: $1,896,130Net Assets 2015: $3,448,3102015Assets 2016: $5,205,757Liabilities 2016: $1,734,213Net Assets 2016: $3,471,5442016Assets 2017: $4,623,547Liabilities 2017: $1,142,830Net Assets 2017: $3,480,7172017Assets 2018: $4,485,919Liabilities 2018: $995,519Net Assets 2018: $3,490,4002018Assets 2019: $4,374,786Liabilities 2019: $872,444Net Assets 2019: $3,502,3422019Assets 2020: $4,424,515Liabilities 2020: $916,423Net Assets 2020: $3,508,0922020Assets 2021: $5,015,436Liabilities 2021: $856,998Net Assets 2021: $4,158,4382021Assets 2022: $6,271,809Liabilities 2022: $1,231,508Net Assets 2022: $5,040,3012022Assets 2023: $5,597,517Liabilities 2023: $1,472,939Net Assets 2023: $4,124,5782023Assets 2024: $5,744,138Liabilities 2024: $889,260Net Assets 2024: $4,854,8782024

Highlighted filing

2016

Assets$5,205,757
Liabilities$1,734,213
Net Assets$3,471,544
Open 2016 Filing

Operations Trend

Revenue Growth17th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $989,0872011Expenses 2012: $1,217,9152012Revenue 2013: $1,247,639Expenses 2013: $1,241,765Net Income 2013: $5,8742013Revenue 2014: $1,420,033Expenses 2014: $1,412,374Net Income 2014: $7,6592014Revenue 2015: $1,811,658Expenses 2015: $1,782,509Net Income 2015: $29,1492015Revenue 2016: $1,512,972Expenses 2016: $1,489,738Net Income 2016: $23,2342016Revenue 2017: $999,457Expenses 2017: $990,284Net Income 2017: $9,1732017Revenue 2018: $1,234,881Expenses 2018: $1,225,198Net Income 2018: $9,6832018Revenue 2019: $1,215,666Expenses 2019: $1,203,724Net Income 2019: $11,9422019Revenue 2020: $1,273,044Expenses 2020: $1,267,294Net Income 2020: $5,7502020Revenue 2021: $2,421,458Expenses 2021: $1,771,112Net Income 2021: $650,3462021Revenue 2022: $2,890,059Expenses 2022: $2,008,196Net Income 2022: $881,8632022Revenue 2023: $3,383,460Expenses 2023: $4,299,183Net Income 2023: -$915,7232023Revenue 2024: $3,626,061Expenses 2024: $3,547,853Net Income 2024: $78,2082024

Highlighted filing

2016

Revenue$1,512,972
Expenses$1,489,738
Net Income$23,234
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Sep 21, 2016
Return Version
2015v2.1
Gross Receipts
$1,512,972
Mission and Program Overview

Mission

To foster business growth, greater employment and economic development in the greater new bedford area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$3,484,768$3,063,971▼ $420,797
Savings and Temporary Cash Investments$1,498,921$1,794,377▲ $295,456
Pledges and Grants Receivable$158,953$149,237▼ $9,716
Accounts Receivable$88,500$89,800▲ $1,300
Cash and Non-Interest-Bearing Accounts$72,575$67,225▼ $5,350
Land, Buildings, and Equipment, Net$34,949$30,769▼ $4,180
Prepaid Expenses and Deferred Charges$5,774$10,378▲ $4,604
Total Assets$5,344,440$5,205,757▼ $138,683
Liabilities
Mortgage Notes Payable Secured by Investment Property$861,120$1,056,292▲ $195,172
Unsecured Notes Loans Payable$744,120$623,450▼ $120,670
Deferred Revenue$160,532--
Accounts Payable and Accrued Expenses$130,358$54,471▼ $75,887
Total Liabilities$1,896,130$1,734,213▼ $161,917
Net Assets / Fund Balance
Permanently Rstr Net Assets$3,242,249$3,429,584▲ $187,335
Temporarily Rstr Net Assets$150,108--
Unrestricted Net Assets$55,953$41,960▼ $13,993
Total Net Assets Fund Balance$3,448,310$3,471,544▲ $23,234
Total Liabilities and Net Assets / Fund Balance$5,344,440$5,205,757▼ $138,683

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$30,769$130,742$161,511
Compensation and Service Providers
Top Officer Pay19th percentile

Board Members and Trustees

NameTitle
Anthony R SapienzaPresident
Joseph NaumanVice President
Craig DutraDirector
Elizabeth Isherwood-MooreDirector
Helena DaSilva HughesDirector
Paul L VigeantDirector
Carol PimentelClerk
David SlutzTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,149,391
Program Service Revenue
$362,212
Investment Income
$969
Other Revenue
$400
Change in Net Assets
$23,234

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,512,972
Total Revenue per Audited Statements
$1,512,972
Total Revenue per Form 990
$1,512,972
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$828,978
Salaries, Compensation, and Employee Benefits$629,510
Grants and Similar Amounts Paid$31,250
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$629,872--$629,872
Other Salaries and Wages$373,364$105,308-$478,672
Other Employee Benefits$77,338$21,813-$99,151
Conferences and Meetings$38,176--$38,176
Interest$37,256--$37,256
Payroll Taxes$28,470$8,030-$36,500
Grants to Domestic Orgs$31,250--$31,250
Advertising$21,848--$21,848
Pension Plan Contributions$11,846$3,341-$15,187
Occupancy$12,600--$12,600
Insurance$12,523--$12,523
Depreciation Depletion$11,949--$11,949
Other Expenses$11,102--$11,102
Fees for Services Accounting-$11,000-$11,000
Fees for Services Other$3,134$1,498-$4,632
Office Expenses-$3,211-$3,211
Fees for Services Legal$3,155--$3,155
Total Functional Expenses$1,335,537$154,201$0$1,489,738

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,489,738
Total Expenses per Audited Statements$1,489,738
Total Expenses per Form 990$1,489,738
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Downtown New Bedford IncNew Bedford, MA501c6Support$12,500
Community Ec Devel Ctr SE MANew Bedford, MA501c3Support$10,250
South End Business Assoc IncNew Bedford, MA501c6Support$8,500
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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 governing body review Part VI line 11

“After management has reviewed the federal and state information returns, the President or Treasurer, acting on behalf of the Board of Directors, reviews and signs the returns.”

Conflict of interest policy compliance Part VI line 12C

“The Councils Conflict of Interest Policy prohibits all Council employees, officers or their families or agents from participating in the selection, award or administration of a contract supported by federal funds if a real or apparent conflict of interest exists.”

CEO executive director top management comp Part VI line 15A

“The Councils Board of Directors evaluates the Executive Directors performance annually before determining his compensation.”

Other officer or key employee compensation Part VI line 15B

“The Board of Directors approves the overall compensation of all other employees as reflected in the annual budget. Officers who are Board Members are unpaid volunteers.”

Governing documents etc available to public Part VI line 19

“The Massachusetts Secretary of States office makes available to the public on its website copies of all organizational corporate documents, including the Annual Reports to the Secretary, the Articles of Incorporation and the Corporate Bylaws.”

Filing and Contact Details

Filer

Filer Name
New Bedford Economic Development Council Inc
EIN
04-3244024
Address
1213 Purchase Street, New Bedford, MA 02740

Signing Officer

Name
Anthony R Sapienza
Title
President
Signed
2016-09-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anthony R Sapienza
Formed
1998
Legal Domicile
Ma
Voting Board Members
9
Independent Board Members
9
Employees
8
Volunteers
10

Preparer

Firm
Douglas R Leatham CPA
Address
492 Pleasant Street, New Bedford, MA 02740
Preparer
Douglas Leatham CPA
Phone
5089965282
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

“Consultants - see Overflow Statement”

List of other expenses Part IX line 24E

“See Other Expenses - see Overflow Statement”

Raw XML AppendixShowing 400 of 471 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/OtherSalariesAndWagesGrp/ProgramServicesAmt0373364
IRS990/OtherSalariesAndWagesGrp/TotalAmt0478672
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IRS990/OthNotesLoansReceivableNetGrp/BOYAmt03484768
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt03063971
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08030
IRS990/PayrollTaxesGrp/ProgramServicesAmt028470
IRS990/PayrollTaxesGrp/TotalAmt036500
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03341
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt011846
IRS990/PensionPlanContributionsGrp/TotalAmt015187
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt03242249
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt03429584
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0158953
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0149237
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05774
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010378
IRS990/PrincipalOfficerNm0Anthony R Sapienza
IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgramServiceRevenueGrp/BusinessCd1522291
IRS990/ProgramServiceRevenueGrp/BusinessCd2531390
IRS990/ProgramServiceRevenueGrp/Desc0Loan interest income
IRS990/ProgramServiceRevenueGrp/Desc1Loan fees
IRS990/ProgramServiceRevenueGrp/Desc2Management & consulting
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0250862
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13850
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2107500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0250862
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13850
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2107500
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01463594
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt032271
IRS990/PYInvestmentIncomeAmt0624
IRS990/PYOtherExpensesAmt01127045
IRS990/PYOtherRevenueAmt0200
IRS990/PYProgramServiceRevenueAmt0347240
IRS990/PYRevenuesLessExpensesAmt029149
IRS990/PYSalariesCompEmpBnftPaidAmt0623193
IRS990/PYTotalExpensesAmt01782509
IRS990/PYTotalRevenueAmt01811658
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt023234
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01498921
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01794377
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01150360
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01463593
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0914165
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0718473
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0519923
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt04766514
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0969
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0623
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0696
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0906
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01542
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt04736
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0362612
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0347441
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0505172
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0528260
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0481280
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02224765
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0969
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0623
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0696
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0906
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01542
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt04736
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
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IRS990ScheduleA/PublicSupportCY509Pct00.99930
IRS990ScheduleA/PublicSupportPY509Pct01.00000
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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01512972
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01811034
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01419337
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01246733
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01001203
IRS990ScheduleA/Total509Grp/TotalAmt06991279
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01513941
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01811657
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01420033
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01247639
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01002745
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06996015
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt030769
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0130742
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0161511
IRS990ScheduleD/ExpensesSubtotalAmt01489738
IRS990ScheduleD/RevenueSubtotalAmt01512972
IRS990ScheduleD/TotalBookValueLandBuildingsAmt030769
IRS990ScheduleD/TotalExpensesPerForm990Amt01489738
IRS990ScheduleD/TotalRevenuePerForm990Amt01512972
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01512972
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01489738
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt08500
IRS990ScheduleI/RecipientTable/CashGrantAmt110250
IRS990ScheduleI/RecipientTable/CashGrantAmt212500
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501c6
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501c6
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2Support
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0South End Business Assoc Inc
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Community Ec Devel Ctr SE MA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Downtown New Bedford Inc
IRS990ScheduleI/RecipientTable/RecipientEIN0042784674
IRS990ScheduleI/RecipientTable/RecipientEIN1043371170
IRS990ScheduleI/RecipientTable/RecipientEIN2043232379
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0651 Orchard St
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1181 Hillman St Bldg 9 Rm 203
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2105 Williams St
IRS990ScheduleI/RecipientTable/USAddress/CityNm0New Bedford
IRS990ScheduleI/RecipientTable/USAddress/CityNm1New Bedford
IRS990ScheduleI/RecipientTable/USAddress/CityNm2New Bedford
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2MA
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IRS990ScheduleI/RecipientTable/USAddress/ZIPCd102740
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd202740
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Grantees must submit invoices to the Council at least annually detailing the qualifying expenditures for which they wish to be reimbursed.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Monitoring procedures (Part I, line 2)
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0After management has reviewed the federal and state information returns, the President or Treasurer, acting on behalf of the Board of Directors, reviews and signs the returns.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Councils Conflict of Interest Policy prohibits all Council employees, officers or their families or agents from participating in the selection, award or administration of a contract supported by federal funds if a real or apparent conflict of interest exists.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Councils Board of Directors evaluates the Executive Directors performance annually before determining his compensation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Board of Directors approves the overall compensation of all other employees as reflected in the annual budget. Officers who are Board Members are unpaid volunteers.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Massachusetts Secretary of States office makes available to the public on its website copies of all organizational corporate documents, including the Annual Reports to the Secretary, the Articles of Incorporation and the Corporate Bylaws.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Consultants - see Overflow Statement
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6See Other Expenses - see Overflow Statement
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5List of other fees for services expenses Part IX line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6List of other expenses Part IX line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0150108
IRS990/TempOrPermanentEndowmentsInd0false

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,205,757
Liabilities
$1,734,213
Net assets
$3,471,544
Revenue
$1,512,972
Expenses
$1,489,738
Net income
$23,234
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.74$0.89$4.85$3.63$3.55$0.08
2023Detailed filing. Detailed filing data is available for this year.$5.60$1.47$4.12$3.38$4.30$0.92
2022Detailed filing. Detailed filing data is available for this year.$6.27$1.23$5.04$2.89$2.01$0.88
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.02$0.86$4.16$2.42$1.77$0.65
2020Detailed filing. Detailed filing data is available for this year.$4.42$0.92$3.51$1.27$1.27$0.01
2019Detailed filing. Detailed filing data is available for this year.$4.37$0.87$3.50$1.22$1.20$0.01
2018Detailed filing. Detailed filing data is available for this year.$4.49$1.00$3.49$1.23$1.23$0.01
2017Detailed filing. Detailed filing data is available for this year.$4.62$1.14$3.48$1.00$0.99$0.01
2016Detailed filing. Detailed filing data is available for this year.$5.21$1.73$3.47$1.51$1.49$0.02
2015Detailed filing. Detailed filing data is available for this year.$5.34$1.90$3.45$1.81$1.78$0.03
2014Detailed filing. Detailed filing data is available for this year.$5.42$2.00$3.42$1.42$1.41$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.88$2.47$3.41$1.25$1.24$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.70$2.29$3.41$1.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.47$1.85$3.62$0.99