Civic Intelligence

Westmass Area Development Corporation

EIN 04-6057343 • 501(c)6 • Springfield, MA

Profile

The purposes of the corporation shall be to promote, stimulate, develop, and advance the business prosperity and economic welfare of the western massachusetts region and the citizens thereof, to encourage and assist, through loans, investments, or other business transactions, the location of new business and industry in the western massachusetts region; to rehabilitate and assist existing business and industry; and so to stimulate and assist in the expansion of all kinds of business activity which will tend to promote the business development and maintain the economic stability of the western massachusetts region, provide maximum opportunities for employment, encourage thrift, and improve the standard of living of its citizens; and similarly to endeavor to increase and diversify industry and employment.

One Monarch Place Suite 1120Springfield, MA 01144

westmassdevelopment.com

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.33x

Higher debt load relative to assets than 62% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

91st percentile

1.37x

Higher debt load relative to revenue than 91% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Net Margin

98th percentile

72%

Higher net margin than 98% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

44th percentile

$347,256

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 8.7% of source-year revenue.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Asset Growth

67th percentile

9.4%

Faster asset growth than 67% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

11th percentile

-10%

Faster revenue growth than 11% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$16,471,106

Up $1,410,216 (+9.4%) from 2023

Liabilities

Up

$5,443,757

Up $43,988 (+0.8%) from 2023

Net Assets

Up

$11,027,349

Up $1,366,228 (+14%) from 2023

Revenue

Down

$3,984,212

Down $455,799 (-10%) from 2023

Expenses

Up

$1,114,915

Up $102,230 (+10%) from 2023

Net Income

Down

$2,869,297

Down $558,029 (-16%) from 2023

Trend Graphs

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $5,234,691Liabilities 2010: $131,488Net Assets 2010: $5,103,2032010Assets 2011: $9,978,852Liabilities 2011: $5,005,119Net Assets 2011: $4,973,7332011Assets 2012: $10,873,925Liabilities 2012: $5,827,242Net Assets 2012: $5,046,6832012Assets 2013: $11,190,835Liabilities 2013: $6,040,246Net Assets 2013: $5,150,5892013Assets 2014: $11,887,353Liabilities 2014: $6,303,706Net Assets 2014: $5,583,6472014Assets 2015: $11,223,590Liabilities 2015: $6,372,916Net Assets 2015: $4,850,6742015Assets 2016: $11,634,587Liabilities 2016: $5,617,458Net Assets 2016: $6,017,1292016Assets 2017: $10,582,290Liabilities 2017: $5,831,226Net Assets 2017: $4,751,0642017Assets 2018: $10,099,211Liabilities 2018: $5,829,454Net Assets 2018: $4,269,7572018Assets 2019: $9,669,038Liabilities 2019: $5,749,875Net Assets 2019: $3,919,1632019Assets 2020: $9,490,647Liabilities 2020: $5,775,948Net Assets 2020: $3,714,6992020Assets 2021: $10,504,202Liabilities 2021: $5,532,334Net Assets 2021: $4,971,8682021Assets 2022: $12,974,810Liabilities 2022: $6,741,015Net Assets 2022: $6,233,7952022Assets 2023: $15,060,890Liabilities 2023: $5,399,769Net Assets 2023: $9,661,1212023Assets 2024: $16,471,106Liabilities 2024: $5,443,757Net Assets 2024: $11,027,3492024

Highlighted filing

2024

Assets$16,471,106
Liabilities$5,443,757
Net Assets$11,027,349

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $691,2472010Expenses 2011: $559,0952011Expenses 2012: $456,9672012Revenue 2013: $550,362Expenses 2013: $446,456Net Income 2013: $103,9062013Revenue 2014: $844,494Expenses 2014: $411,436Net Income 2014: $433,0582014Revenue 2015: -$351,729Expenses 2015: $381,244Net Income 2015: -$732,9732015Revenue 2016: $1,460,128Expenses 2016: $293,673Net Income 2016: $1,166,4552016Revenue 2017: -$314,467Expenses 2017: $403,599Net Income 2017: -$718,0662017Revenue 2018: -$60,832Expenses 2018: $420,475Net Income 2018: -$481,3072018Revenue 2019: $132,536Expenses 2019: $483,130Net Income 2019: -$350,5942019Revenue 2020: $247,063Expenses 2020: $451,527Net Income 2020: -$204,4642020Revenue 2021: $1,784,584Expenses 2021: $527,415Net Income 2021: $1,257,1692021Revenue 2022: $2,003,494Expenses 2022: $741,567Net Income 2022: $1,261,9272022Revenue 2023: $4,440,011Expenses 2023: $1,012,685Net Income 2023: $3,427,3262023Revenue 2024: $3,984,212Expenses 2024: $1,114,915Net Income 2024: $2,869,2972024

Highlighted filing

2024

Revenue$3,984,212
Expenses$1,114,915
Net Income$2,869,297

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$16.5$5.44$11.0$3.98$1.11$2.87
2023Detailed filing. Detailed filing data is available for this year.$15.1$5.40$9.66$4.44$1.01$3.43
2022Detailed filing. Detailed filing data is available for this year.$13.0$6.74$6.23$2.00$0.74$1.26
2021Detailed filing. Detailed filing data is available for this year.$10.5$5.53$4.97$1.78$0.53$1.26
2020Detailed filing. Detailed filing data is available for this year.$9.49$5.78$3.71$0.25$0.45$0.20
2019Detailed filing. Detailed filing data is available for this year.$9.67$5.75$3.92$0.13$0.48$0.35
2018Detailed filing. Detailed filing data is available for this year.$10.1$5.83$4.27$0.06$0.42$0.48
2017Detailed filing. Detailed filing data is available for this year.$10.6$5.83$4.75$0.31$0.40$0.72
2016Detailed filing. Detailed filing data is available for this year.$11.6$5.62$6.02$1.46$0.29$1.17
2015Detailed filing. Detailed filing data is available for this year.$11.2$6.37$4.85$0.35$0.38$0.73
2014Detailed filing. Detailed filing data is available for this year.$11.9$6.30$5.58$0.84$0.41$0.43
2013Detailed filing. Detailed filing data is available for this year.$11.2$6.04$5.15$0.55$0.45$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.9$5.83$5.05$0.46
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.98$5.01$4.97$0.56
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.23$0.13$5.10$0.69
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 7, 2025
Return Version
2024v5.2
Gross Receipts
$6,820,727
Mission and Program Overview

Mission

SEE STATEMENT O

The purposes of the corporation shall be to promote, stimulate, develop, and advance the business prosperity and economic welfare of the western massachusetts region and the citizens thereof, to encourage and assist, through loans, investments, or other business transactions, the location of new business and industry in the western massachusetts region; to rehabilitate and assist existing business and industry; and so to stimulate and assist in the expansion of all kinds of business activity which will tend to promote the business development and maintain the economic stability of the western massachusetts region, provide maximum opportunities for employment, encourage thrift, and improve the standard of living of its citizens; and similarly to endeavor to increase and diversify industry and employment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,001,820$8,689,279▲ $1,687,459
Accounts Receivable$562,612$793,640▲ $231,028
Savings and Temporary Cash Investments$88,483$403,095▲ $314,612
Cash and Non-Interest-Bearing Accounts$253,547$339,709▲ $86,162
Other Notes and Loans Receivable, Net-$174,407-
Prepaid Expenses and Deferred Charges$76,533$57,995▼ $18,538
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$15,060,890$16,471,106▲ $1,410,216
Other Assets Total$7,077,895$6,012,981▼ $1,064,914
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,547,463$4,426,841▼ $120,622
Accounts Payable and Accrued Expenses$637,198$831,706▲ $194,508
Other Liabilities$184,138$164,784▼ $19,354
Deferred Revenue$30,970$20,426▼ $10,544
Total Liabilities$5,399,769$5,443,757▲ $43,988
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,661,121$11,027,349▲ $1,366,228
Total Net Assets Fund Balance$9,661,121$11,027,349▲ $1,366,228
Total Liabilities and Net Assets / Fund Balance$15,060,890$16,471,106▲ $1,410,216

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,727,650$1,259,745$5,987,395
Other Land Buildings$3,710,699$6,004$3,716,703
Land$221,000-$221,000
Equipment$29,930$115,132$145,062
Other Assets Org$76,578--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeffrey DaleyPresidentFT$337,632$9,624$347,256
Jeffery LesiegeVP ConstructionFT$197,673$6,113$203,786
Sarah LacourVP OperationsFT$178,017$5,515$183,532
Jessie AltDirector Fin and HrFT$142,856$25,590$168,446

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Geeleher Enterprises IncExcavating39 College Hwy, Southampton, MA 01073$1,659,186
A Crane Construction LLCConstruction821 E Main St, Chicopee, MA 01020$316,323
Elm Electrical IncElectrical68 Union St, Westfield, MA 01085$291,043
Revenue and Support

Revenue Composition

Contributions and Grants
$3,073,393
Program Service Revenue
$301,928
Investment Income
$78,622
Other Revenue
$530,269
Change in Net Assets
$2,869,297

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,984,212
Revenue Not Reported on Form 990
$2,836,515
Total Revenue per Audited Statements
$6,820,727
Total Revenue per Form 990
$3,984,212
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$689,232
Other Expenses$425,683
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$337,632
Other Salaries and Wages---$197,239
Office Expenses---$160,042
Payroll Taxes---$81,545
Other Employee Benefits---$72,816
Occupancy---$60,356
Interest---$31,793
Fees for Services Legal---$24,873
Depreciation Depletion---$19,914
Fees for Services Accounting---$14,140
Insurance---$12,002
Other Expenses---$9,635
Payment Travel Entrtnmnt Publicly Ofcl---$3,747
Advertising---$198
Total Functional Expenses$0$0$0$1,114,915

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,951,430
Expenses Not Reported on Form 990$2,836,515
Expenses per Audited Statements$1,114,915
Total Expenses per Form 990$1,114,915
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
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$79,342
Advances Payable$45,000
Security Deposits$40,442
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 35% controlled entity
No
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
No
Other officer compensation reviewed
No
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 6

All westmass officers and directors must be stockholders in the corporation.

Form 990, Part VI, Section B, Line 11B

The audit committee reviews the form 990, and presents it to the full board for approval prior to filing.

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

Board members annually sign a copy of the conflict of interest policy.

Form 990, Part VI, Section C, Line 19

These policies will be available upon request.

Filing and Contact Details

Filer

Filer Name
Westmass Area Development Corporation
EIN
04-6057343
Phone
4135931386
Address
ONE MONARCH PLACE SUITE 1120, SPRINGFIELD, MA 01144

Signing Officer

Name
Jeffrey Daley
Title
President
Signed
2025-08-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeffrey Daley
Formed
1960
Legal Domicile
Ma
Voting Board Members
18
Independent Board Members
17
Employees
8
Volunteers
17

Preparer

Firm
Downey Pieciak Fitzgerald & Co Pc
Address
10 PARK PLACE, BRATTLEBORO, VT 05301
Preparer
Joseph S Pieciak Jr CPA
Phone
8022571307
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The audit committee is responsible for oversight of the annual audit or review engagement.

Financial Statement Notes

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Cost of sales $1118492 rental expenses $1718023

Part XII, Line 2D: Other expenses and losses per audited F/S

Cost of sales $1118492 rental expenses $1718023

Raw XML AppendixShowing 400 of 608 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0637198
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0831706
IRS990/AccountsReceivableGrp/BOYAmt0562612
IRS990/AccountsReceivableGrp/EOYAmt0793640
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE PURPOSES OF THE CORPORATION SHALL BE TO PROMOTE, STIMULATE, DEVELOP, AND ADVANCE THE BUSINESS PROSPERITY AND ECONOMIC WELFARE OF THE WESTERN MASSACHUSETTS REGION AND THE CITIZENS THEREOF, TO ENCOURAGE AND ASSIST, THROUGH LOANS, INVESTMENTS, OR OTHER BUSINESS TRANSACTIONS, THE LOCATION OF NEW BUSINESS AND INDUSTRY IN THE WESTERN MASSACHUSETTS REGION; TO REHABILITATE AND ASSIST EXISTING BUSINESS AND INDUSTRY; AND SO TO STIMULATE AND ASSIST IN THE EXPANSION OF ALL KINDS OF BUSINESS ACTIVITY WHICH WILL TEND TO PROMOTE THE BUSINESS DEVELOPMENT AND MAINTAIN THE ECONOMIC STABILITY OF THE WESTERN MASSACHUSETTS REGION, PROVIDE MAXIMUM OPPORTUNITIES FOR EMPLOYMENT, ENCOURAGE THRIFT, AND IMPROVE THE STANDARD OF LIVING OF ITS CITIZENS; AND SIMILARLY TO ENDEAVOR TO INCREASE AND DIVERSIFY INDUSTRY AND EMPLOYMENT.
IRS990/AdvertisingGrp/TotalAmt0198
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0JEFFREY DALEY
IRS990/BooksInCareOfDetail/PhoneNum04135936421
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0ONE MONARCH PLACE SUITE 1350
IRS990/BooksInCareOfDetail/USAddress/CityNm0SPRINGFIELD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd001144
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0253547
IRS990/CashNonInterestBearingGrp/EOYAmt0339709
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt03
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0337632
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0316323
IRS990/ContractorCompensationGrp/CompensationAmt1291043
IRS990/ContractorCompensationGrp/CompensationAmt21659186
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0821 E Main St
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt168 Union St
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt239 College Hwy
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Chicopee
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1Westfield
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2Southampton
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1MA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2MA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd001020
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd101085
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd201073
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0A Crane Construction LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1Elm Electrical Inc
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2Geeleher Enterprises Inc
IRS990/ContractorCompensationGrp/ServicesDesc0Construction
IRS990/ContractorCompensationGrp/ServicesDesc1Electrical
IRS990/ContractorCompensationGrp/ServicesDesc2Excavating
IRS990/CostOfGoodsSoldAmt01118492
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt03073393
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt078622
IRS990/CYOtherExpensesAmt0425683
IRS990/CYOtherRevenueAmt0530269
IRS990/CYProgramServiceRevenueAmt0301928
IRS990/CYRevenuesLessExpensesAmt02869297
IRS990/CYSalariesCompEmpBnftPaidAmt0689232
IRS990/CYTotalExpensesAmt01114915
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03984212
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt030970
IRS990/DeferredRevenueGrp/EOYAmt020426
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt019914
IRS990/Desc0WESTMASS AREA DEVELOPMENT CORPORATION ADVANCES BUSINESS AND ECONOMIC PROSPERITY IN WESTERN MASSACHUSETTS THROUGH THE ACQUISITION, PERMITTING, AND DEVELOPMENT OF INDUSTRIAL AND BUSINESS RESOURCES. THESE RESOURCES INCLUDE INDUSTRIAL/BUSINESS PARKS AND COMPLEX AND COMPLICATED MILL/BROWNFIELD REDEVELOPMENT PROJECTS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0true
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt08
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt014140
IRS990/FeesForServicesLegalGrp/TotalAmt024873
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt150.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt160.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt170.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt180.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt190.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt200.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt037.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt137.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt237.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt337.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt132.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt150.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt171.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt181.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt190.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt201.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt09624
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt16113
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt25515
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt325590
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/PersonNm0Jeffrey Daley
IRS990/Form990PartVIISectionAGrp/PersonNm1JEFFERY LESIEGE
IRS990/Form990PartVIISectionAGrp/PersonNm2SARAH LACOUR
IRS990/Form990PartVIISectionAGrp/PersonNm3JESSIE ALT
IRS990/Form990PartVIISectionAGrp/PersonNm4AJ Crane
IRS990/Form990PartVIISectionAGrp/PersonNm5Matt DAmour
IRS990/Form990PartVIISectionAGrp/PersonNm6Victoria Healy
IRS990/Form990PartVIISectionAGrp/PersonNm7Dan Burack
IRS990/Form990PartVIISectionAGrp/PersonNm8John Maybury
IRS990/Form990PartVIISectionAGrp/PersonNm9Ronald J Abdow
IRS990/Form990PartVIISectionAGrp/PersonNm10Keith Nesbitt
IRS990/Form990PartVIISectionAGrp/PersonNm11Steven M Roberts
IRS990/Form990PartVIISectionAGrp/PersonNm12Julie Foley
IRS990/Form990PartVIISectionAGrp/PersonNm13Andrew Drew Davis
IRS990/Form990PartVIISectionAGrp/PersonNm14Jeffrey Hayden
IRS990/Form990PartVIISectionAGrp/PersonNm15David Ference
IRS990/Form990PartVIISectionAGrp/PersonNm16Ashley Sullivan
IRS990/Form990PartVIISectionAGrp/PersonNm17Stanley Kowalski III
IRS990/Form990PartVIISectionAGrp/PersonNm18George Flevotomos
IRS990/Form990PartVIISectionAGrp/PersonNm19Christopher Myhrum
IRS990/Form990PartVIISectionAGrp/PersonNm20Antonio Dos Santos
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0337632
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1197673
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2178017
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3142856
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1VP CONSTRUCTION
IRS990/Form990PartVIISectionAGrp/TitleTxt2VP OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIR FIN AND HR
IRS990/Form990PartVIISectionAGrp/TitleTxt4Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt5Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt6Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt7Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01960
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GovernmentGrantsAmt03073393
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt06820727
IRS990/GrossRentsGrp/RealAmt0780357
IRS990/GrossSalesOfInventoryAmt02525000
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt017
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt012002
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt031793
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt078622
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt078622
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt013
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01380881
IRS990/LandBldgEquipBasisNetGrp/BOYAmt07001820
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08689279
IRS990/LandBldgEquipCostOrOtherBssAmt010070160
IRS990/LegalDomicileStateCd0MA
IRS990/LessRentalExpensesGrp/RealAmt01718023
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE PURPOSES OF THE CORPORATION SHALL BE TO PROMOTE, STIMULATE, DEVELOP, AND ADVANCE THE BUSINESS PROSPERITY AND ECONOMIC WELFARE OF THE WESTERN MASSACHUSETTS REGION AND THE CITIZENS THEREOF, TO ENCOURAGE AND ASSIST, THROUGH LOANS, INVESTMENTS, OR OTHER BUSINESS TRANSACTIONS, THE LOCATION OF NEW BUSINESS AND INDUSTRY IN THE WESTERN MASSACHUSETTS REGION; TO REHABILITATE AND ASSIST EXISTING BUSINESS AND INDUSTRY; AND SO TO STIMULATE AND ASSIST IN THE EXPANSION OF ALL KINDS OF BUSINESS ACTIVITY WHICH WILL TEND TO PROMOTE THE BUSINESS DEVELOPMENT AND MAINTAIN THE ECONOMIC STABILITY OF THE WESTERN MASSACHUSETTS REGION, PROVIDE MAXIMUM OPPORTUNITIES FOR EMPLOYMENT, ENCOURAGE THRIFT, AND IMPROVE THE STANDARD OF LIVING OF ITS CITIZENS; AND SIMILARLY TO ENDEAVOR TO INCREASE AND DIVERSIFY INDUSTRY AND EMPLOYMENT.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt04547463
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt04426841
IRS990/NetAssetsOrFundBalancesBOYAmt09661121
IRS990/NetAssetsOrFundBalancesEOYAmt011027349
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt01406508
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt01406508
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-937666
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-937666
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt09661121
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt011027349
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt060356
IRS990/OfficeExpensesGrp/TotalAmt0160042
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt07077895
IRS990/OtherAssetsTotalGrp/EOYAmt06012981
IRS990/OtherEmployeeBenefitsGrp/TotalAmt072816
IRS990/OtherExpensesGrp/Desc0BAD DEBTS
IRS990/OtherExpensesGrp/Desc1PROPERTY MANAGEMENT
IRS990/OtherExpensesGrp/TotalAmt088983
IRS990/OtherExpensesGrp/TotalAmt19635
IRS990/OtherLiabilitiesGrp/BOYAmt0184138
IRS990/OtherLiabilitiesGrp/EOYAmt0164784
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt061427
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt061427
IRS990/OtherRevenueTotalAmt061427
IRS990/OtherSalariesAndWagesGrp/TotalAmt0197239
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0174407
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt081545
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt076533
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt057995
IRS990/PrincipalOfficerNm0JEFFREY DALEY
IRS990/PriorPeriodAdjustmentsAmt0-1503069
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/Desc0DEVELOPMENT SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0301928
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0301928
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03872295
IRS990/PYInvestmentIncomeAmt065651
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt03747
IRS990/PYOtherExpensesAmt0422500
IRS990/PYOtherRevenueAmt0246219
IRS990/PYProgramServiceRevenueAmt0255846
IRS990/PYRevenuesLessExpensesAmt03427326
IRS990/PYSalariesCompEmpBnftPaidAmt0590185
IRS990/PYTotalExpensesAmt01012685
IRS990/PYTotalRevenueAmt04440011
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt02869297
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-937666
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)6 • $10M-$25M nonprofits