Civic Intelligence

Mass Bay Credit Union Charitable Foundation Inc.

990EZ • Fiscal year 2017 • EIN 47-4345057

Jan 01, 2017 to Dec 31, 2017 • Filed on May 16, 2018

Organization ProfileWWW.MASSBAYCU.ORG
147 W 4th StSouth Boston, MA 02127

(617) 269-2700

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

80th percentile

25%

Higher net margin than 80% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Balance Sheet
Liabilities / Assets56th percentile

Assets

$21,384

No earlier filing loaded for comparison.

Net Assets

$21,384

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin80th percentile

Revenue

$45,229

No earlier filing loaded for comparison.

Expenses

$33,882

No earlier filing loaded for comparison.

Net Income

$11,347

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$150K$100K$50K$0Assets 2017: $21,384Liabilities 2017: $0Net Assets 2017: $21,3842017Assets 2018: $41,577Liabilities 2018: $0Net Assets 2018: $41,5772018Assets 2019: $60,391Liabilities 2019: $0Net Assets 2019: $60,3912019Assets 2020: $45,850Liabilities 2020: $0Net Assets 2020: $45,8502020Assets 2021: $81,767Liabilities 2021: $0Net Assets 2021: $81,7672021Assets 2022: $97,593Liabilities 2022: $0Net Assets 2022: $97,5932022Assets 2023: $117,489Liabilities 2023: $0Net Assets 2023: $117,4892023Assets 2024: $141,019Liabilities 2024: $0Net Assets 2024: $141,0192024

Highlighted filing

2017

Assets$21,384
Liabilities$0
Net Assets$21,384
Open 2017 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$60K$40K$20K$0-$20KRevenue 2017: $45,229Expenses 2017: $33,882Net Income 2017: $11,3472017Revenue 2018: $53,538Expenses 2018: $33,345Net Income 2018: $20,1932018Revenue 2019: $48,549Expenses 2019: $29,735Net Income 2019: $18,8142019Revenue 2020: $10,330Expenses 2020: $24,871Net Income 2020: -$14,5412020Revenue 2021: $46,739Expenses 2021: $10,822Net Income 2021: $35,9172021Revenue 2022: $39,871Expenses 2022: $24,045Net Income 2022: $15,8262022Revenue 2023: $46,889Expenses 2023: $26,993Net Income 2023: $19,8962023Revenue 2024: $46,480Expenses 2024: $22,950Net Income 2024: $23,5302024

Highlighted filing

2017

Revenue$45,229
Expenses$33,882
Net Income$11,347
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 16, 2018
Return Version
2017v2.2
Gross Receipts
$60,855
Mission and Program Overview

Mission

The foundation seeks to provide support to local causes that make the community a better place to live and work. Following the ideal of people helping people, the foundation works to identify places where it can make a difference, such as providing scholarship opportunities, and donating 100% of its fundraising, with nothing held back for administrative expenses.

Program Services

DescriptionGrantsExpenses
THE FOUNDATION GRANTED FOUR SCHOLARHSIPS TO LOCAL HIGH SCHOOL STUDENTS ENROLLING IN AN UNDERGRADUATE COLLEGE PROGRAM.$0$0
THE FOUNDATION DONATED PROCEEDS FROM GOLF TOURNAMENT TO NUMEROUS ORGANIZATIONS IN THE BOSTON AREA.$0$0
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHN THOMASPresident-$0--
THERESA DORILASTreasurer-$0--
JOSEPH MOSCAClerk-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$30,855$30,855$4,031$26,824
Total Events$30,855$30,855$15,626$15,229
Filing and Contact Details

Filer

Filer Name
Mass Bay Credit Union Charitable
EIN
47-4345057
Phone
6172692700
Address
147 W 4TH ST, SOUTH BOSTON, MA 02127

Signing Officer

Name
Theresa Dorilas
Title
COO
Phone
8778295500
Signed
2018-05-16
Discuss with paid preparer
Yes

Preparer

Firm
G T Reilly & Company Inc
Address
424 ADAMS STREET, MILTON, MA 02186
Preparer
Jayme F Moore CPA
Phone
6176968900
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: charitable. Grantee name: varoius local organizations. Date of gift: various. Amount given: 29,882.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: educational . Grantee name: 4 $1,000 student scholarships awarded. Date of gift: various. Amount given: 4,000. Total included on form 990-ez, line 10: 33,882.”

Raw XML Appendix156 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THERESA DORILAS
IRS990EZ/BooksInCareOfDetail/PhoneNum08778295500
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0147 W 4TH ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BOSTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002127
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt010037
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt021384
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt030000
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt011347
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt010037
IRS990EZ/Form990TotalAssetsGrp/EOYAmt021384
IRS990EZ/FundraisingGrossIncomeAmt030855
IRS990EZ/GrantsAndSimilarAmountsPaidAmt033882
IRS990EZ/GrossReceiptsAmt060855
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt010037
IRS990EZ/NetAssetsOrFundBalancesEOYAmt021384
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt010037
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt021384
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOHN THOMAS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1THERESA DORILAS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOSEPH MOSCA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CLERK
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE FOUNDATION SEEKS TO PROVIDE SUPPORT TO LOCAL CAUSES THAT MAKE THE COMMUNITY A BETTER PLACE TO LIVE AND WORK. FOLLOWING THE IDEAL OF PEOPLE HELPING PEOPLE, THE FOUNDATION WORKS TO IDENTIFY PLACES WHERE IT CAN MAKE A DIFFERENCE, SUCH AS PROVIDING SCHOLARSHIP OPPORTUNITIES, AND DONATING 100% OF ITS FUNDRAISING, WITH NOTHING HELD BACK FOR ADMINISTRATIVE EXPENSES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE FOUNDATION GRANTED FOUR SCHOLARHSIPS TO LOCAL HIGH SCHOOL STUDENTS ENROLLING IN AN UNDERGRADUATE COLLEGE PROGRAM.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1THE FOUNDATION DONATED PROCEEDS FROM GOLF TOURNAMENT TO NUMEROUS ORGANIZATIONS IN THE BOSTON AREA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt015626
IRS990EZ/SpecialEventsNetIncomeLossAmt015229
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt033882
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt045229
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.MASSBAYCU.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt030000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt025000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt055000
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt016730
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt05862
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt010609
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt033201
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.62360
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt055000
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt030000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt025000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt055000
IRS990ScheduleA/TotalSupportAmt088201
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt015626
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt030855
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt030855
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt030855
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt030855
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt015229
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt04031
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt04031
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt011595
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt011595
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: CHARITABLE. GRANTEE NAME: VAROIUS LOCAL ORGANIZATIONS. DATE OF GIFT: VARIOUS. AMOUNT GIVEN: 29,882.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: EDUCATIONAL . GRANTEE NAME: 4 $1,000 STUDENT SCHOLARSHIPS AWARDED. DATE OF GIFT: VARIOUS. AMOUNT GIVEN: 4,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 33,882.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0THERESA DORILAS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0COO
ReturnHeader/BusinessOfficerGrp/PhoneNum08778295500
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MASS BAY CREDIT UNION CHARITABLE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0MASS
ReturnHeader/Filer/EIN0474345057
ReturnHeader/Filer/PhoneNum06172692700
ReturnHeader/Filer/USAddress/AddressLine1Txt0147 W 4TH ST
ReturnHeader/Filer/USAddress/CityNm0SOUTH BOSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002127
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId030BF39A3654E8FA3FD42262BA2193CF539768443
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId014408212A635E8F42A904D17529EDD5146E6480F
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0173.14.170.162
ReturnHeader/FilingSecurityInformation/IPDt02018-05-16
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm011:33:11
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042513210
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0G T REILLY & COMPANY INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0424 ADAMS STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MILTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002186
ReturnHeader/PreparerPersonGrp/PhoneNum06176968900
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAYME F MOORE CPA
ReturnHeader/ReturnTs02018-05-30T13:40:47-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$21,384
Liabilities
$0
Net assets
$21,384
Revenue
$45,229
Expenses
$33,882
Net income
$11,347
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.41$0.00$1.41$0.46$0.23$0.24
2023Detailed filing. Detailed filing data is available for this year.$1.17$0.00$1.17$0.47$0.27$0.20
2022Detailed filing. Detailed filing data is available for this year.$0.98$0.00$0.98$0.40$0.24$0.16
2021Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$0.47$0.11$0.36
2020Detailed filing. Detailed filing data is available for this year.$0.46$0.00$0.46$0.10$0.25$0.15
2019Detailed filing. Detailed filing data is available for this year.$0.60$0.00$0.60$0.49$0.30$0.19
2018Detailed filing. Detailed filing data is available for this year.$0.42$0.00$0.42$0.54$0.33$0.20
2017Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$0.45$0.34$0.11