Civic Intelligence

Wachusett Regional Education Association Inc

EIN 04-3265326 • 501(c)5 • Holden, MA

Profile

Contract negotiation and maintenance

PO Box 14Holden, MA 01520

www.wachusett.massteacher.org

Siviq Scores

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

Liabilities / Assets

79th percentile

0.03x

Higher debt load relative to assets than 79% of similar nonprofits.

501(c)5 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

84th percentile

0.05x

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

501(c)5 • <$500k nonprofits • Source year 2024

Net Margin

44th percentile

1.3%

Higher net margin than 44% of similar nonprofits.

501(c)5 • <$500k nonprofits • Source year 2024

Top Officer Pay

78th percentile

$10,000

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 9.9% of source-year revenue.

501(c)5 • <$500k nonprofits • Source year 2024

Asset Growth

47th percentile

0.8%

Faster asset growth than 47% of similar nonprofits.

501(c)5 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

71st percentile

10.0%

Faster revenue growth than 71% of similar nonprofits.

501(c)5 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets79th percentile

Assets

Up

$184,432

Up $1,423 (+0.8%) from 2023

Liabilities

Up

$5,100

Up $100 (+2.0%) from 2023

Net Assets

Up

$179,332

Up $1,323 (+0.7%) from 2023

Operations
Liabilities / Revenue84th percentileNet Margin44th percentile

Revenue

Up

$100,954

Up $9,136 (+10.0%) from 2023

Expenses

Down

$99,631

Down $913 (-0.9%) from 2023

Net Income

Up

$1,323

Up $10,049 (+115%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth47th percentile

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

$200K$150K$100K$50K$0Assets 2011: $87,057Liabilities 2011: $02011Assets 2012: $103,878Liabilities 2012: $02012Assets 2013: $100,573Liabilities 2013: $3,000Net Assets 2013: $97,5732013Assets 2014: $94,775Liabilities 2014: $3,000Net Assets 2014: $91,7752014Assets 2015: $111,628Liabilities 2015: $3,000Net Assets 2015: $108,6282015Assets 2016: $117,129Liabilities 2016: $3,000Net Assets 2016: $114,1292016Assets 2017: $114,122Liabilities 2017: $3,500Net Assets 2017: $110,6222017Assets 2018: $107,808Liabilities 2018: $3,600Net Assets 2018: $104,2082018Assets 2019: $139,164Liabilities 2019: $3,500Net Assets 2019: $135,6642019Assets 2020: $165,418Liabilities 2020: $4,550Net Assets 2020: $160,8682020Assets 2021: $172,101Liabilities 2021: $3,650Net Assets 2021: $168,4512021Assets 2022: $190,435Liabilities 2022: $3,700Net Assets 2022: $186,7352022Assets 2023: $183,009Liabilities 2023: $5,000Net Assets 2023: $178,0092023Assets 2024: $184,432Liabilities 2024: $5,100Net Assets 2024: $179,3322024

Highlighted filing

2024

Assets$184,432
Liabilities$5,100
Net Assets$179,332
Open 2024 Filing

Operations Trend

Revenue Growth71st percentile

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

$150K$100K$50K$0-$50KRevenue 2011: $77,964Expenses 2011: $77,493Net Income 2011: $4712011Revenue 2012: $84,886Expenses 2012: $62,467Net Income 2012: $22,4192012Revenue 2013: $79,592Expenses 2013: $86,474Net Income 2013: -$6,8822013Revenue 2014: $83,579Expenses 2014: $89,377Net Income 2014: -$5,7982014Revenue 2015: $91,550Expenses 2015: $74,697Net Income 2015: $16,8532015Revenue 2016: $90,133Expenses 2016: $84,632Net Income 2016: $5,5012016Revenue 2017: $90,527Expenses 2017: $94,034Net Income 2017: -$3,5072017Revenue 2018: $92,466Expenses 2018: $98,880Net Income 2018: -$6,4142018Revenue 2019: $92,799Expenses 2019: $61,343Net Income 2019: $31,4562019Revenue 2020: $88,647Expenses 2020: $63,443Net Income 2020: $25,2042020Revenue 2021: $85,856Expenses 2021: $78,273Net Income 2021: $7,5832021Revenue 2022: $97,773Expenses 2022: $79,489Net Income 2022: $18,2842022Revenue 2023: $91,818Expenses 2023: $100,544Net Income 2023: -$8,7262023Revenue 2024: $100,954Expenses 2024: $99,631Net Income 2024: $1,3232024

Highlighted filing

2024

Revenue$100,954
Expenses$99,631
Net Income$1,323
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$184,432
Liabilities
$5,100
Net assets
$179,332
Revenue
$100,954
Expenses
$99,631
Net income
$1,323
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.84$0.05$1.79$1.01$1.00$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.83$0.05$1.78$0.92$1.01$0.09
2022Detailed filing. Detailed filing data is available for this year.$1.90$0.04$1.87$0.98$0.79$0.18
2021Detailed filing. Detailed filing data is available for this year.$1.72$0.04$1.68$0.86$0.78$0.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.65$0.05$1.61$0.89$0.63$0.25
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.39$0.04$1.36$0.93$0.61$0.31
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.08$0.04$1.04$0.92$0.99$0.06
2017Detailed filing. Detailed filing data is available for this year.$1.14$0.04$1.11$0.91$0.94$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.17$0.03$1.14$0.90$0.85$0.06
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$0.03$1.09$0.92$0.75$0.17
2014Detailed filing. Detailed filing data is available for this year.$0.95$0.03$0.92$0.84$0.89$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$0.03$0.98$0.80$0.86$0.07
2012Summary only. Only limited summary data is available for this year.$1.04$0.00$0.85$0.62$0.22
2011Summary only. Only limited summary data is available for this year.$0.87$0.00$0.78$0.77$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 14, 2025
Return Version
2023v6.0
Gross Receipts
$100,954
Mission and Program Overview

Mission

Contract negotiation and maintenance

Program Services

DescriptionGrantsExpenses
TO PROVIDE CONTRACT NEGOTIATION AND MAINTENANCE TO MEMBERS--
BOARD MEMBER STIPENDS FOR WEEKLY RESPONSIBILITIES--
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LINDA SASSOPresidentPT$10,000-$10,000
ASIA EMERICKVP NegotiatiPT$7,500-$7,500
ALICIA JASIEKIEWICZVP ContractPT$7,500-$7,500
KIMBERLY MCCORMACKTreasurerPT$5,500-$5,500
AILEEN THURBERVP MembershiPT$5,500-$5,500
CAROLYN BEAUMIERSecretaryPT$5,500-$5,500
Filing and Contact Details

Filer

Filer Name
Wachusett Regional Education
EIN
04-3265326
Phone
5088291670
Address
PO BOX 14, HOLDEN, MA 01520

Signing Officer

Name
Kimberly Mccormack
Title
Treasurer
Phone
5088291670
Signed
2025-05-14
Discuss with paid preparer
Yes

Preparer

Firm
M Love & Associates LLC
Address
67 MILLBROOK STREET, WORCESTER, MA 01606
Preparer
Mark L Love CPA
Phone
5087975200
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

“Other income 4,428 total 4,428”

Form 990-ez, Part I, Line 16

“Expenses stipends 31,515 office supplies 4,124 gifts and retirement 1,159 meetings 5,654 conferences 4,649 insurance 255 total 47,356”

Form 990-ez, Part II, Line 24

“Accounts receivable 0 12,975 total 0 12,975”

Form 990-ez, Part II, Line 26

“Accrued liabilities 5,000 5,100”

Form 990-ez, Part III, Line 31

“Board member stipends for weekly responsibilities”

Raw XML Appendix120 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0KIMBERLY MCCORMACK
IRS990EZ/BooksInCareOfDetail/PhoneNum05088291670
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt045 CRESTWOOD DR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NORTHBOROUGH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd001532
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0183009
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0171457
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt012975
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt01323
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt06418
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0183009
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0184432
IRS990EZ/GrossReceiptsAmt0100954
IRS990EZ/GroupExemptionNum02348
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0574
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt082977
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0178009
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0179332
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0178009
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0179332
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt115.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt215.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt315.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt415.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt515.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt010000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt15500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt27500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt35500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt47500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt55500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LINDA SASSO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KIMBERLY MCCORMACK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ASIA EMERICK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3AILEEN THURBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4ALICIA JASIEKIEWICZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5CAROLYN BEAUMIER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VP NEGOTIATI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VP MEMBERSHI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4VP CONTRACT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt012975
IRS990EZ/OtherExpensesTotalAmt047356
IRS990EZ/OtherRevenueTotalAmt04428
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0CONTRACT NEGOTIATION AND MAINTENANCE
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE CONTRACT NEGOTIATION AND MAINTENANCE TO MEMBERS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1BOARD MEMBER STIPENDS FOR WEEKLY RESPONSIBILITIES
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt045857
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt05000
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt05100
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt099631
IRS990EZ/TotalRevenueAmt0100954
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.WACHUSETT.MASSTEACHER.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER INCOME 4,428 TOTAL 4,428
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES STIPENDS 31,515 OFFICE SUPPLIES 4,124 GIFTS AND RETIREMENT 1,159 MEETINGS 5,654 CONFERENCES 4,649 INSURANCE 255 TOTAL 47,356
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 0 12,975 TOTAL 0 12,975
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCRUED LIABILITIES 5,000 5,100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD MEMBER STIPENDS FOR WEEKLY RESPONSIBILITIES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KIMBERLY MCCORMACK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05088291670
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WACHUSETT REGIONAL EDUCATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0WACH
ReturnHeader/Filer/EIN0043265326
ReturnHeader/Filer/PhoneNum05088291670
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 14
ReturnHeader/Filer/USAddress/CityNm0HOLDEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001520
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0464181625
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0M LOVE & ASSOCIATES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt067 MILLBROOK STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WORCESTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001606
ReturnHeader/PreparerPersonGrp/PhoneNum05087975200
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK L LOVE CPA
ReturnHeader/ReturnTs02025-05-15T10:42:42-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.