Civic Intelligence

New Bedford Economic Development Council Inc.

990 • Fiscal year 2017 • EIN 04-3244024

Jul 01, 2016 to Jun 30, 2017 • Filed on Oct 26, 2017

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

67th percentile

0.25x

Higher debt load relative to assets than 67% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

86th percentile

1.14x

Higher debt load relative to revenue than 86% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

43rd percentile

0.9%

Higher net margin than 43% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

85th percentile

$157,810

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 15.8% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

11th percentile

-11%

Faster asset growth than 11% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

8th percentile

-34%

Faster revenue growth than 8% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets67th percentile

Assets

Down

$4,623,547

Down $582,210 (-11%) from 2016

Net Assets

Up

$3,480,717

Up $9,173 (+0.3%) from 2016

Liabilities

Down

$1,142,830

Down $591,383 (-34%) from 2016

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin43rd percentile

Revenue

Down

$999,457

Down $513,515 (-34%) from 2016

Expenses

Down

$990,284

Down $499,454 (-34%) from 2016

Net Income

Down

$9,173

Down $14,061 (-61%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth11th 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

2017

Assets$4,623,547
Liabilities$1,142,830
Net Assets$3,480,717
Open 2017 Filing

Operations Trend

Revenue Growth8th 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

2017

Revenue$999,457
Expenses$990,284
Net Income$9,173
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Oct 26, 2017
Return Version
2016v3.0
Gross Receipts
$999,457
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$3,063,971$3,296,665▲ $232,694
Savings and Temporary Cash Investments$1,794,377$973,964▼ $820,413
Cash and Non-Interest-Bearing Accounts$67,225$132,595▲ $65,370
Accounts Receivable$89,800$89,750▼ $50
Pledges and Grants Receivable$149,237$57,022▼ $92,215
Land, Buildings, and Equipment, Net$30,769$28,118▼ $2,651
Prepaid Expenses and Deferred Charges$10,378$7,383▼ $2,995
Total Assets$5,205,757$4,623,547▼ $582,210
Other Assets Total$0$38,050▲ $38,050
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,056,292$904,090▼ $152,202
Unsecured Notes Loans Payable$623,450$163,110▼ $460,340
Deferred Revenue-$40,000-
Accounts Payable and Accrued Expenses$54,471$35,630▼ $18,841
Total Liabilities$1,734,213$1,142,830▼ $591,383
Net Assets / Fund Balance
Permanently Rstr Net Assets$3,429,584$3,372,651▼ $56,933
Unrestricted Net Assets$41,960$108,066▲ $66,106
Total Net Assets Fund Balance$3,471,544$3,480,717▲ $9,173
Total Liabilities and Net Assets / Fund Balance$5,205,757$4,623,547▼ $582,210

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$10,875$131,099$141,974
Leasehold Improvements$17,243$6,621$23,864
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Derek SantosExecutive DirectorFT$134,466$23,344$157,810
Ramon D SilvaLoan OfficerFT$102,050$8,668$110,718

Board Members and Trustees

NameTitle
Anthony R SapienzaPresident
Joseph NaumanVice President
Elizabeth Isherwood-mooreDirector
Helena Dasilva HughesDirector
John VasconcellosDirector
Steven KenyonDirector
Craig DutraPast Director
Paul L VigeantPast Director
Carol PimentalClerk
Jonathan F MitchellMayor Ex-officio
David SlutzTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$660,596
Program Service Revenue
$331,544
Investment Income
$917
Other Revenue
$6,400
All Other Contributions
$60,000
Change in Net Assets
$9,173

Audited Revenue Reconciliation

Revenue per Audited Statements
$999,457
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$999,457
Total Revenue per Form 990
$999,457
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$635,422
Other Expenses$321,362
Grants and Similar Amounts Paid$33,500
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$260,592$73,500-$334,092
Current Officers, Directors, Trustees, and Key Employees$137,308$38,728-$176,036
Other Employee Benefits$62,864$17,731-$80,595
Fees for Services Other$49,945--$49,945
Payroll Taxes$27,535$7,766-$35,301
Grants to Domestic Orgs$33,500--$33,500
Interest$27,922--$27,922
Conferences and Meetings$24,313--$24,313
Office Expenses$12,120$2,849-$14,969
Fees for Services Accounting-$14,249-$14,249
Advertising$14,224--$14,224
Occupancy$12,600--$12,600
Insurance$12,590--$12,590
Pension Plan Contributions$7,330$2,068-$9,398
Information Technology$8,631--$8,631
Other Expenses$8,581--$8,581
All Other Expenses$8,266--$8,266
Fees for Services Legal$7,525--$7,525
Depreciation Depletion$6,978--$6,978
Total Functional Expenses$833,393$156,891$0$990,284

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$990,284
Total Expenses per Audited Statements$990,284
Total Expenses per Form 990$990,284
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Community Ec Devel Ctr SeNew Bedford, MA501 (c) (3)Economic Development Support$12,500
Downtown New Bedford IncNew Bedford, MA501 (c) (3)Economic Development Support$12,500
South End Business Assoc IncNew Bedford, MA501 (c) (6)Economic Development Support$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
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
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, Part VI, Section B, Line 11B

“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.”

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

“The council's 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.”

Form 990, Part VI, Section B, Line 15

“The council's board of directors evaluates the executive director's performance annually before determining his compensation. 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.”

Form 990, Part VI, Section C, Line 19

“Financial statements are available through guidestar.org and the commonwealth of massachusetts division of public charities, or upon request. Governing documents are available on line via the secretary for the commonwealth of massachusetts corporate database and upon request. The conflict of interest policy is available upon request.”

Filing and Contact Details

Filer

Filer Name
New Bedford Economic Development
EIN
04-3244024
Phone
5089913122
Address
1213 PURCHASE STREET, NEW BEDFORD, MA 02740

Signing Officer

Name
Anthony R Sapienza
Title
President
Phone
5089913122
Signed
2017-10-26
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
6
Volunteers
10

Preparer

Firm
Meyer Regan & Wilner Llp
Address
111 DURFEE STREET, FALL RIVER, MA 02720-2126
Preparer
Ellen E Sicard
Phone
5086796451
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The council, a non-profit organization operating under section 501(c)(3) of the internal revenue code and chapter 180 of the massachusetts general laws, is generally exempt from federal, state and local income taxes. Accordingly, no provision for income taxes is included in the financial statements. The council is not a private foundation. The council believes it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.”

Raw XML AppendixShowing 400 of 565 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/InsuranceGrp/ProgramServicesAmt012590
IRS990/InsuranceGrp/TotalAmt012590
IRS990/InterestGrp/ProgramServicesAmt027922
IRS990/InterestGrp/TotalAmt027922
IRS990/InvestmentIncomeGrp/ExclusionAmt0917
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0917
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0137720
IRS990/LandBldgEquipBasisNetGrp/BOYAmt030769
IRS990/LandBldgEquipBasisNetGrp/EOYAmt028118
IRS990/LandBldgEquipCostOrOtherBssAmt0165838
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO FOSTER BUSINESS GROWTH, GREATER EMPLOYMENT AND ECONOMIC DEVELOPMENT IN THE GREATER NEW BEDFORD AREA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01056292
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0904090
IRS990/NetAssetsOrFundBalancesBOYAmt03471544
IRS990/NetAssetsOrFundBalancesEOYAmt03480717
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt012600
IRS990/OccupancyGrp/TotalAmt012600
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02849
IRS990/OfficeExpensesGrp/ProgramServicesAmt012120
IRS990/OfficeExpensesGrp/TotalAmt014969
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt038050
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt017731
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt062864
IRS990/OtherEmployeeBenefitsGrp/TotalAmt080595
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSES
IRS990/OtherExpensesGrp/Desc1TDI COWORK COLLABORATIV
IRS990/OtherExpensesGrp/Desc2QUEST CENTER EXPENSES
IRS990/OtherExpensesGrp/Desc3WIND ENERGY UK DELEGATI
IRS990/OtherExpensesGrp/ProgramServicesAmt085000
IRS990/OtherExpensesGrp/ProgramServicesAmt116120
IRS990/OtherExpensesGrp/ProgramServicesAmt29449
IRS990/OtherExpensesGrp/ProgramServicesAmt38581
IRS990/OtherExpensesGrp/TotalAmt085000
IRS990/OtherExpensesGrp/TotalAmt116120
IRS990/OtherExpensesGrp/TotalAmt29449
IRS990/OtherExpensesGrp/TotalAmt38581
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0COMMUNITY INV TX CRDT
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt06400
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt06400
IRS990/OtherRevenueTotalAmt06400
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt073500
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0260592
IRS990/OtherSalariesAndWagesGrp/TotalAmt0334092
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt03063971
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt03296665
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07766
IRS990/PayrollTaxesGrp/ProgramServicesAmt027535
IRS990/PayrollTaxesGrp/TotalAmt035301
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02068
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt07330
IRS990/PensionPlanContributionsGrp/TotalAmt09398
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt03429584
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt03372651
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0149237
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt057022
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010378
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07383
IRS990/PrincipalOfficerNm0ANTHONY R SAPIENZA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/BusinessCd2522291
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc1MANAGEMENT & CONSULTIN
IRS990/ProgramServiceRevenueGrp/Desc2LOAN FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0215804
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1108500
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt27240
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0215804
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1108500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt27240
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01149391
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt031250
IRS990/PYInvestmentIncomeAmt0969
IRS990/PYOtherExpensesAmt0828978
IRS990/PYOtherRevenueAmt0400
IRS990/PYProgramServiceRevenueAmt0362212
IRS990/PYRevenuesLessExpensesAmt023234
IRS990/PYSalariesCompEmpBnftPaidAmt0629510
IRS990/PYTotalExpensesAmt01489738
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01512972
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt09173
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0337944
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01794377
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0973964
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0660596
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01150360
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01463593
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0914165
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0718473
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt04907187
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0917
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0969
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0623
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0696
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0906
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt04111
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0331544
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0362612
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0347441
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0505172
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0528260
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02075029
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0917
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0969
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0623
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0696
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0906
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt04111
IRS990ScheduleA/InvestmentIncomeCYPct00.00060
IRS990ScheduleA/InvestmentIncomePYPct00.00070
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt06400
IRS990ScheduleA/OtherIncome509Grp/TotalAmt06400
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99850
IRS990ScheduleA/PublicSupportPY509Pct00.99930
IRS990ScheduleA/PublicSupportTotal509Amt06982216
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0992140
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01512972
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01811034
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01419337
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01246733
IRS990ScheduleA/Total509Grp/TotalAmt06982216
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0999457
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01513941
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01811657
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01420033
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01247639
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06992727
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/BookValueAmt010875
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0131099
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0141974
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0990284
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt017243
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt06621
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt023864
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0999457
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE COUNCIL, A NON-PROFIT ORGANIZATION OPERATING UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CHAPTER 180 OF THE MASSACHUSETTS GENERAL LAWS, IS GENERALLY EXEMPT FROM FEDERAL, STATE AND LOCAL INCOME TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS. THE COUNCIL IS NOT A PRIVATE FOUNDATION. THE COUNCIL BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,623,547
Liabilities
$1,142,830
Net assets
$3,480,717
Revenue
$999,457
Expenses
$990,284
Net income
$9,173
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