Civic Intelligence

Salus Networking Group Inc

EIN 82-0776077 • 501(c)6 • West Bridgewater, MA

Profile

Networking organization to provide needed business services to businesses in the medical industry

35 United Drive 102West Bridgewater, MA 02379

n/A

Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

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

501(c)6 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

50th percentile

0.00x

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

501(c)6 • <$500k nonprofits • Source year 2021

Net Margin

98th percentile

78%

Higher net margin than 98% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

96th percentile

88%

Faster asset growth than 96% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

90th percentile

53%

Faster revenue growth than 90% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets49th percentile

Assets

Up

$4,093

Up $1,920 (+88%) from 2020

Liabilities

Flat

$0

Flat from 2020

Net Assets

Up

$4,093

Up $1,920 (+88%) from 2020

Operations
Liabilities / Revenue50th percentileNet Margin98th percentile

Revenue

Up

$2,450

Up $850 (+53%) from 2020

Expenses

Down

$530

Down $2,108 (-80%) from 2020

Net Income

Up

$1,920

Up $2,958 (+285%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth96th percentile

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

$6.0K$4.0K$2.0K$0Assets 2017: $1,988Liabilities 2017: $0Net Assets 2017: $1,9882017Assets 2018: $1,586Liabilities 2018: $0Net Assets 2018: $1,5862018Assets 2019: $3,211Liabilities 2019: $0Net Assets 2019: $3,2112019Assets 2020: $2,173Liabilities 2020: $0Net Assets 2020: $2,1732020Assets 2021: $4,093Liabilities 2021: $0Net Assets 2021: $4,0932021

Highlighted filing

2021

Assets$4,093
Liabilities$0
Net Assets$4,093
Open 2021 Filing

Operations Trend

Revenue Growth90th percentile

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

$3.0K$2.0K$1.0K$0-$1.0K-$2.0KRevenue 2017: $2,400Expenses 2017: $2,012Net Income 2017: $3882017Revenue 2018: $1,000Expenses 2018: $1,402Net Income 2018: -$4022018Revenue 2019: $2,000Expenses 2019: $375Net Income 2019: $1,6252019Revenue 2020: $1,600Expenses 2020: $2,638Net Income 2020: -$1,0382020Revenue 2021: $2,450Expenses 2021: $530Net Income 2021: $1,9202021

Highlighted filing

2021

Revenue$2,450
Expenses$530
Net Income$1,920
Open 2021 Filing

Filings

Most recent year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,093
Liabilities
$0
Net assets
$4,093
Revenue
$2,450
Expenses
$530
Net income
$1,920
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$4,093$0$4,093$2,450$530$1,920
2020Detailed filing. Detailed filing data is available for this year.$2,173$0$2,173$1,600$2,638$1,038
2019Detailed filing. Detailed filing data is available for this year.$3,211$0$3,211$2,000$375$1,625
2018Detailed filing. Detailed filing data is available for this year.$1,586$0$1,586$1,000$1,402$402
2017Summary only. Only limited summary data is available for this year.$1,988$0$1,988$2,400$2,012$388
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 14, 2022
Return Version
2021v4.2
Gross Receipts
$2,450
Mission and Program Overview

Mission

Networking organization to provide needed business services to businesses in the medical industry

To provide services to businesses in the medical industry

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,173$4,093▲ $1,920
Rtn Earn Endowment Incm Other Fnds$2,173$4,093▲ $1,920
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,173$4,093▲ $1,920
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,173$4,093▲ $1,920
Total Liabilities and Net Assets / Fund Balance$2,173$4,093▲ $1,920
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Timothy DibonaPresident
Brett BurbankDirector
Bruce LevineClerk
Domenic FraoneTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,450
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$1,920
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$530
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses-$100-$100
Total Functional Expenses$0$530$0$530
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
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

“Numbers are immaterial. They were discussed at a general meeting with no objections.”

Form 990, Part VI, Section C, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Salus Networking Group Inc
EIN
82-0776077
Phone
5086821670
Address
35 UNITED DRIVE 102, WEST BRIDGEWATER, MA 02379

Signing Officer

Name
Timothy Dibona
Title
President
Phone
5086821670
Signed
2022-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Timothy Dibona
Formed
2017
Legal Domicile
Ma
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
0

Preparer

Firm
GRASSI & CO CPA'S PC
Address
300 FIRST AVENUE SUITE 102, NEEDHAM, MA 02494
Preparer
Bruce C Levine CPA
Phone
5162563500
Raw XML Appendix260 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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