Civic Intelligence

Union Society Inc Co Nutter Mcclennen & Fish LLP

990EZ • Fiscal year 2022 • EIN 81-3022935

Jul 01, 2021 to Jun 30, 2022 • Filed on May 14, 2024

155 Seaport BlvdBoston, MA 02210

(617) 439-2348

Siviq Scores

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

Liabilities / Assets

77th percentile

0.07x

Higher debt load relative to assets than 77% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

89th percentile

0.33x

Higher debt load relative to revenue than 89% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

69th percentile

19%

Higher net margin than 69% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

64th percentile

12%

Faster asset growth than 64% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

30th percentile

-11%

Faster revenue growth than 30% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$188,820

Up $19,852 (+12%) from 2021

Net Assets

Up

$182,178

Up $14,070 (+8.4%) from 2021

Liabilities

Up

$6,642

Up $5,782 (+672%) from 2021

Revenue

Down

$40,000

Down $5,000 (-11%) from 2021

Expenses

Down

$25,930

Down $15,421 (-37%) from 2021

Net Income

Up

$14,070

Up $10,421 (+286%) from 2021

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2017: $28,929Liabilities 2017: $0Net Assets 2017: $28,9292017Assets 2018: $146,262Liabilities 2018: $1,708Net Assets 2018: $144,5542018Assets 2019: $173,601Liabilities 2019: $11,462Net Assets 2019: $162,1392019Assets 2020: $170,035Liabilities 2020: $5,577Net Assets 2020: $164,4582020Assets 2021: $168,968Liabilities 2021: $860Net Assets 2021: $168,1082021Assets 2022: $188,820Liabilities 2022: $6,642Net Assets 2022: $182,1782022Assets 2023: $180,965Liabilities 2023: $0Net Assets 2023: $180,9652023Assets 2024: $188,223Liabilities 2024: $0Net Assets 2024: $188,2232024Assets 2025: $203,554Liabilities 2025: $8,543Net Assets 2025: $195,0112025

Highlighted filing

2022

Assets$188,820
Liabilities$6,642
Net Assets$182,178

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2017: $50,000Expenses 2017: $21,071Net Income 2017: $28,9292017Revenue 2018: $150,000Expenses 2018: $34,374Net Income 2018: $115,6262018Revenue 2019: $175,000Expenses 2019: $157,415Net Income 2019: $17,5852019Revenue 2020: $50,000Expenses 2020: $47,680Net Income 2020: $2,3202020Revenue 2021: $45,000Expenses 2021: $41,351Net Income 2021: $3,6492021Revenue 2022: $40,000Expenses 2022: $25,930Net Income 2022: $14,0702022Revenue 2023: $30,000Expenses 2023: $31,213Net Income 2023: -$1,2132023Revenue 2024: $30,000Expenses 2024: $22,742Net Income 2024: $7,2582024Revenue 2025: $50,000Expenses 2025: $39,463Net Income 2025: $10,5372025

Highlighted filing

2022

Revenue$40,000
Expenses$25,930
Net Income$14,070
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 14, 2024
Return Version
2021v4.0
Gross Receipts
$40,000
Mission and Program Overview

Mission

The mission of the society is to develop and deliver inclusive, pro-social arts/culture/educational experiences for college students, recent graduates, and the broader community.

Program Services

DescriptionGrantsExpenses
THE UNION SOCIETY SECURES FREE ADMISSION FOR HARVARD STUDENTS AT FIFTEEN OR MORE CONCERTS PER YEAR, INCLUDING A SEPARATE FRESHMAN CONCERT SERIES. IN EXCESS OF FORTY STUDENTS ATTEND EACH CONCERT ENTIRELY FREE OF CHARGE, ENJOYING A Q-AND-A SESSION WITH BOSTON SYMPHONY ORCHESTRA ARTISTS AND LEADERS IN ADVANCE OF THE PERFORMANCE. THE UNION SOCIETY PROVIDES TRANSPORTATION TO CERTAIN CONCERTS VIA A PRIVATE BUS.-$22,560
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BENJAMIN ALTSHULERPresident-$0--
AUSTIN HARTClerk-$0--
WALLACE TAPIATreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Union Society Inc
EIN
81-3022935
Phone
6174392348
Address
155 SEAPORT BLVD, BOSTON, MA 02210

Signing Officer

Name
Benjamin Altshuler
Title
President
Phone
6172342515
Signed
2024-05-14

Preparer

Firm
Stanton & Co
Address
400 WEST CUMMINGS PARK STE 5850, WOBURN, MA 01801
Preparer
Sondi B Stanton
Phone
7819331744
Supplemental Narrative

Additional Explanations

Form 990-ez, Page 1, Item B

The organization reported 7,500 in accounts payable and expense for scholarships that the organization subsequently chose not to make. Additionally, 860 should have been included in accounts payable and accounting fees. Schedules affected: part 1 - decrease in grants and similar amounts paid (line 10) and total expenses (line 17) - increase in professional fees and other payments to independent contractors (line 13), excess for the year (line 18) and net assets or fund balances at end of year(line 21). Part ii - decrease in total liabilities (line 26) and increase in net assets or fund balances (line 27). Part iii - decrease in program service accomplishment grants and expenses (line 28 and 32)

Form 990-ez, Part I, Line 16

Expenses office 379 events 12,554 filing fees 54 subscriptions 10,000 total 22,987

Form 990-ez, Part II, Line 24

Grants receivable 45,000 0 total 45,000 0

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 860 6,642

Form 990-ez, Part III

The mission of the society is to develop and deliver inclusive, pro-social arts/culture/educational experiences for college students, recent graduates, and the broader community.

Form 990-ez, Part III, Line 28

The union society secures free admission for harvard students at fifteen or more concerts per year, including a separate freshman concert series. In excess of forty students attend each concert entirely free of charge, enjoying a q-and-a session with boston symphony orchestra artists and leaders in advance of the performance. The union society provides transportation to certain concerts via a private bus.

Raw XML Appendix143 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION REPORTED 7,500 IN ACCOUNTS PAYABLE AND EXPENSE FOR SCHOLARSHIPS THAT THE ORGANIZATION SUBSEQUENTLY CHOSE NOT TO MAKE. ADDITIONALLY, 860 SHOULD HAVE BEEN INCLUDED IN ACCOUNTS PAYABLE AND ACCOUNTING FEES. SCHEDULES AFFECTED: PART 1 - DECREASE IN GRANTS AND SIMILAR AMOUNTS PAID (LINE 10) AND TOTAL EXPENSES (LINE 17) - INCREASE IN PROFESSIONAL FEES AND OTHER PAYMENTS TO INDEPENDENT CONTRACTORS (LINE 13), EXCESS FOR THE YEAR (LINE 18) AND NET ASSETS OR FUND BALANCES AT END OF YEAR(LINE 21). PART II - DECREASE IN TOTAL LIABILITIES (LINE 26) AND INCREASE IN NET ASSETS OR FUND BALANCES (LINE 27). PART III - DECREASE IN PROGRAM SERVICE ACCOMPLISHMENT GRANTS AND EXPENSES (LINE 28 AND 32)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES OFFICE 379 EVENTS 12,554 FILING FEES 54 SUBSCRIPTIONS 10,000 TOTAL 22,987
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GRANTS RECEIVABLE 45,000 0 TOTAL 45,000 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 860 6,642
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE MISSION OF THE SOCIETY IS TO DEVELOP AND DELIVER INCLUSIVE, PRO-SOCIAL ARTS/CULTURE/EDUCATIONAL EXPERIENCES FOR COLLEGE STUDENTS, RECENT GRADUATES, AND THE BROADER COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE UNION SOCIETY SECURES FREE ADMISSION FOR HARVARD STUDENTS AT FIFTEEN OR MORE CONCERTS PER YEAR, INCLUDING A SEPARATE FRESHMAN CONCERT SERIES. IN EXCESS OF FORTY STUDENTS ATTEND EACH CONCERT ENTIRELY FREE OF CHARGE, ENJOYING A Q-AND-A SESSION WITH BOSTON SYMPHONY ORCHESTRA ARTISTS AND LEADERS IN ADVANCE OF THE PERFORMANCE. THE UNION SOCIETY PROVIDES TRANSPORTATION TO CERTAIN CONCERTS VIA A PRIVATE BUS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PAGE 1, ITEM B
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0BENJAMIN ALTSHULER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06172342515
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0UNION SOCIETY INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O NUTTER MCCLENNEN & FISH LLP
ReturnHeader/Filer/BusinessNameControlTxt0UNIO
ReturnHeader/Filer/EIN0813022935
ReturnHeader/Filer/PhoneNum06174392348
ReturnHeader/Filer/USAddress/AddressLine1Txt0155 SEAPORT BLVD
ReturnHeader/Filer/USAddress/CityNm0BOSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002210
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0431995004
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0STANTON & CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0400 WEST CUMMINGS PARK STE 5850
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WOBURN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001801
ReturnHeader/PreparerPersonGrp/PhoneNum07819331744
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SONDI B STANTON
ReturnHeader/ReturnTs02024-05-14T14:34:46-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BENJAMIN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ALTSHULER
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

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