Civic Intelligence

Chile Massachusets Alliance Inc

EIN 82-2227533 • 501(c)3 • Cambridge, MA

Profile

The organization operates within a matchmaking model and actively maps organizations that have complementary collaborative potential and invites them to develop projects that are mutually beneficial to both geographies.

One BroadwayCambridge, MA 02142

chilemass.org

Siviq Scores

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

Liabilities / Assets

81st percentile

0.15x

Higher debt load relative to assets than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

76th percentile

0.04x

Higher debt load relative to revenue than 76% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

49th percentile

0.9%

Higher net margin than 49% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

21st percentile

-38%

Faster asset growth than 21% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

48th percentile

-2.5%

Faster revenue growth than 48% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Assets

Down

$120,586

Down $16,422 (-12%) from 2023

Liabilities

Down

$18,253

Down $20,769 (-53%) from 2023

Net Assets

Up

$102,333

Up $4,347 (+4.4%) from 2023

Revenue

Down

$490,035

Down $114,239 (-19%) from 2023

Expenses

Down

$485,688

Down $152,801 (-24%) from 2023

Net Income

Up

$4,347

Up $38,562 (+113%) from 2023

Trend Graphs

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2017: $5,895Liabilities 2017: $02017Assets 2018: $281,691Liabilities 2018: $11,620Net Assets 2018: $270,0712018Assets 2019: $164,348Liabilities 2019: $239Net Assets 2019: $164,1092019Assets 2020: $225,111Liabilities 2020: $197,858Net Assets 2020: $27,2532020Assets 2021: $123,539Liabilities 2021: $66,318Net Assets 2021: $57,2212021Assets 2022: $310,192Liabilities 2022: $177,991Net Assets 2022: $132,2012022Assets 2023: $137,008Liabilities 2023: $39,022Net Assets 2023: $97,9862023Assets 2024: $120,586Liabilities 2024: $18,253Net Assets 2024: $102,3332024

Highlighted filing

2024

Assets$120,586
Liabilities$18,253
Net Assets$102,333

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2017: $6,000Expenses 2017: $105Net Income 2017: $5,8952017Revenue 2018: $310,770Expenses 2018: $216,087Net Income 2018: $94,6832018Revenue 2019: $82,320Expenses 2019: $188,282Net Income 2019: -$105,9622019Revenue 2020: $154,502Expenses 2020: $291,358Net Income 2020: -$136,8562020Revenue 2021: $462,677Expenses 2021: $432,709Net Income 2021: $29,9682021Revenue 2022: $514,981Expenses 2022: $501,111Net Income 2022: $13,8702022Revenue 2023: $604,274Expenses 2023: $638,489Net Income 2023: -$34,2152023Revenue 2024: $490,035Expenses 2024: $485,688Net Income 2024: $4,3472024

Highlighted filing

2024

Revenue$490,035
Expenses$485,688
Net Income$4,347

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 14, 2025
Return Version
2024v5.0
Gross Receipts
$490,035
Mission and Program Overview

Mission

Chile massachusetts alliance, inc. D/b/a chilemass, inc. Is a cambridge, massachusetts-based non-profit platform that catalyzes collaboration between chile and the commonwealth of massachusetts in the areas of energy, technology, education and venture capital. The organization operates within a matchmaking model and actively maps organizations that have complementary collaborative potential and invite them to develop projects that are mutually beneficial to both geographies.

Chile massachusetts alliance inc. D/b/a chilemass, inc. Is a cambridge, massachusetts-based non-profit platform that catalyzes collaboration between chile and the commonwealth of massachusetts in the areas of energy, technology, education, and economic development. The organization operates within a matchmaking model and actively maps organizations that have complementary collaborative potential and invites them to develop projects that are mutually beneficial to both geographies.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$33,400$104,732▲ $71,332
Cash and Non-Interest-Bearing Accounts$89,253$11,880▼ $77,373
Prepaid Expenses and Deferred Charges$13,305$2,324▼ $10,981
Total Assets$137,008$120,586▼ $16,422
Other Assets Total$1,050$1,650▲ $600
Liabilities
Other Liabilities$25,943--
Accounts Payable and Accrued Expenses$13,079$18,253▲ $5,174
Total Liabilities$39,022$18,253▼ $20,769
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$72,886$95,373▲ $22,487
Net Assets With Donor Restrictions$25,100$6,960▼ $18,140
Total Net Assets Fund Balance$97,986$102,333▲ $4,347
Total Liabilities and Net Assets / Fund Balance$137,008$120,586▼ $16,422
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Fernanda SozaExecutive DiFT$78,108$78,108

Board Members and Trustees

NameTitle
Ramon SalinasPresident
Lorenzo GazmuriBoard Member
Marcelo LarraguibelBoard Member
Sonia CoxAssistant Cl
Brittany McdonoughSecretary
Michael BrooksTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$187,885
Program Service Revenue
$302,150
Investment Income
$0
Other Revenue
$0
All Other Contributions
$129,885
Change in Net Assets
$4,347
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$310,368
Salaries, Compensation, and Employee Benefits$175,320
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$83,758--$83,758
Current Officers, Directors, Trustees, and Key Employees$24,409$53,699-$78,108
Travel$39,789$14,516-$54,305
Fees for Services Other$36,445$6,683-$43,128
Fees for Services Accounting-$37,015-$37,015
Occupancy$11,638$8,031-$19,669
Payroll Taxes$9,237$4,217-$13,454
Insurance$455$3,735-$4,190
Office Expenses-$3,137-$3,137
Other Expenses$64,805$1,600-$1,600
Fees for Services Legal-$1,170-$1,170
Advertising-$945-$945
All Other Expenses-$62-$62
Total Functional Expenses$340,550$145,138$0$485,688
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 11B

The board receives the 990 after management review and votes to approve for submission to the irs.

Form 990, Page 6, Part VI, Line 12C

The organization has a formal written coi policy which requires officers, directors, and key members of management to disclose annually interests that may give rise to conflicts. This is monitored annually with the signoff by each board member and officer to provide explanation of any potential conflicts.

Form 990, Page 6, Part VI, Line 15A

For determining compensation of the executive director, the board uses each member's experience and compensation they knew from other nonprofit organizations. For determining the ed bonus, the board uses a table they created, and each member of the board gives a grade assessing the performance of the ed.

Form 990, Page 6, Part VI, Line 15B

For determining compensation of the executive director, the board uses each member's experience and compensation they knew from other nonprofit organizations. For determining the ed bonus, the board uses a table they created, and each member of the board gives a grade assessing the perforamance of the ed.

Form 990, Page 6, Part VI, Line 18

Available on the website of the massachusetts office of the attorney general.

Form 990, Page 6, Part VI, Line 19

The governing documents policy is available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Chile Massachusets Alliance Inc
EIN
82-2227533
Phone
6174777203
Address
ONE BROADWAY, CAMBRIDGE, MA 02142
Doing Business As
Chilemass Inc

Signing Officer

Name
Fernanda Soza
Title
Executive Director
Phone
6174777203
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Fernanda Soza
Formed
2017
Legal Domicile
Ma
Voting Board Members
7
Independent Board Members
6
Employees
3

Preparer

Firm
Scheid Deignan Brown Pc
Address
101 COMMONWEALTH AVE, CONCORD, MA 01742-2903
Preparer
David Deignan CPA
Phone
9783189600
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Chilemass teachers since 2020, this program has connected educators from chile and latin america with institutions in massachusetts to promote educational innovation and cultural exchange. The program includes a three-week online course, a three-week in-person immersion in boston with school visits and workshops, and a follow-up phase to implement classroom projects. Focus areas include steam, universal design for learning, social-emotional learning, and english language development. Over 50 teachers have completed the program, impacting more than 13,000 students. The program is supported by partners including boston college, lesley and harvard university, and framingham public schools, and consistently receives high satisfaction scores from participants. For 2024 universidad catlica de chile financed 9 students from the pedagogy program who were selected at the end of 2023 to participate in the cohort that traveled in february 2024. Similarly, at the end of 2024, 6 students of the same program were selected and came to boston in february 2025.

Form 990, Page 2, Part III, Line 4B

Chilemass hub launched in 2019, the chilemass hub fosters technology and knowledge exchange between chilean and u.s. Institutions by providing its members with access to the massachusetts innovation ecosystem. Through curated programs, physical office space in cambridge, and a robust network of universities, accelerators, and companies, the hub supports technology scouting, collaboration, and business development. In 2024, the hub hosted eight institutional members: agrosuper, sofofa hub, corporacin ciudades, universidad andres bello, colbn, symnetics/pharu analytics, instituto regional de administracion de empresas, fundacin kodea, and fundacin sideral. The hub also organized multiple exchange activities, including a university delegation from universidad andrs bello, the "suma talento" entrepreneurship bootcamp with participants from the biobo region, and a stem-focused immersion week for university students.

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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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IRS990/ProgSrvcAccomActy2Grp/Desc0CHILEMASS HUB LAUNCHED IN 2019, THE CHILEMASS HUB FOSTERS TECHNOLOGY AND KNOWLEDGE EXCHANGE BETWEEN CHILEAN AND U.S. INSTITUTIONS BY PROVIDING ITS MEMBERS WITH ACCESS TO THE MASSACHUSETTS INNOVATION ECOSYSTEM. THROUGH CURATED PROGRAMS, PHYSICAL OFFICE SPACE IN CAMBRIDGE, AND A ROBUST NETWORK OF UNIVERSITIES, ACCELERATORS, AND COMPANIES, THE HUB SUPPORTS TECHNOLOGY SCOUTING, COLLABORATION, AND BUSINESS DEVELOPMENT. IN 2024, THE HUB HOSTED EIGHT INSTITUTIONAL MEMBERS: AGROSUPER, SOFOFA HUB, CORPORACIN CIUDADES, UNIVERSIDAD ANDRES BELLO, COLBN, SYMNETICS/PHARU ANALYTICS, INSTITUTO REGIONAL DE ADMINISTRACION DE EMPRESAS, FUNDACIN KODEA, AND FUNDACIN SIDERAL. THE HUB ALSO ORGANIZED MULTIPLE EXCHANGE ACTIVITIES, INCLUDING A UNIVERSITY DELEGATION FROM UNIVERSIDAD ANDRS BELLO, THE "SUMA TALENTO" ENTREPRENEURSHIP BOOTCAMP WITH PARTICIPANTS FROM THE BIOBO REGION, AND A STEM-FOCUSED IMMERSION WEEK FOR UNIVERSITY STUDENTS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0CHILEMASS INNOVATION DAY IS THE LARGEST CHILEAN INNOVATION EVENT HELD OUTSIDE OF CHILE. THIS ANNUAL SUMMIT, HOSTED IN BOSTON, CONVENES TOP LEADERS, INNOVATORS, AND ENTREPRENEURS FROM LATIN AMERICA AND THE UNITED STATES TO EXPLORE TRANSFORMATIVE IDEAS IN SCIENCE, TECHNOLOGY, AND INNOVATION. THE TWO-DAY EVENT FEATURES KEYNOTE TALKS BY INTERNATIONAL EXPERTS, ROUNDTABLE DISCUSSIONS, AND NETWORKING SESSIONS FOCUSED ON FRONTIER TOPICS. THE 2024 EDITION-ITS FOURTH-WAS HELD AT MIT, THE ENGINE, AND VENTURE CAF AT THE CAMBRIDGE INNOVATION CENTER, ATTRACTING OVER 500 PARTICIPANTS AND FOSTERING COLLABORATION ACROSS SECTORS AND GEOGRAPHIES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CHILEMASS TEACHERS SINCE 2020, THIS PROGRAM HAS CONNECTED EDUCATORS FROM CHILE AND LATIN AMERICA WITH INSTITUTIONS IN MASSACHUSETTS TO PROMOTE EDUCATIONAL INNOVATION AND CULTURAL EXCHANGE. THE PROGRAM INCLUDES A THREE-WEEK ONLINE COURSE, A THREE-WEEK IN-PERSON IMMERSION IN BOSTON WITH SCHOOL VISITS AND WORKSHOPS, AND A FOLLOW-UP PHASE TO IMPLEMENT CLASSROOM PROJECTS. FOCUS AREAS INCLUDE STEAM, UNIVERSAL DESIGN FOR LEARNING, SOCIAL-EMOTIONAL LEARNING, AND ENGLISH LANGUAGE DEVELOPMENT. OVER 50 TEACHERS HAVE COMPLETED THE PROGRAM, IMPACTING MORE THAN 13,000 STUDENTS. THE PROGRAM IS SUPPORTED BY PARTNERS INCLUDING BOSTON COLLEGE, LESLEY AND HARVARD UNIVERSITY, AND FRAMINGHAM PUBLIC SCHOOLS, AND CONSISTENTLY RECEIVES HIGH SATISFACTION SCORES FROM PARTICIPANTS. FOR 2024 UNIVERSIDAD CATLICA DE CHILE FINANCED 9 STUDENTS FROM THE PEDAGOGY PROGRAM WHO WERE SELECTED AT THE END OF 2023 TO PARTICIPATE IN THE COHORT THAT TRAVELED IN FEBRUARY 2024. SIMILARLY, AT THE END OF 2024, 6 STUDENTS OF THE SAME PROGRAM WERE SELECTED AND CAME TO BOSTON IN FEBRUARY 2025.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CHILEMASS HUB LAUNCHED IN 2019, THE CHILEMASS HUB FOSTERS TECHNOLOGY AND KNOWLEDGE EXCHANGE BETWEEN CHILEAN AND U.S. INSTITUTIONS BY PROVIDING ITS MEMBERS WITH ACCESS TO THE MASSACHUSETTS INNOVATION ECOSYSTEM. THROUGH CURATED PROGRAMS, PHYSICAL OFFICE SPACE IN CAMBRIDGE, AND A ROBUST NETWORK OF UNIVERSITIES, ACCELERATORS, AND COMPANIES, THE HUB SUPPORTS TECHNOLOGY SCOUTING, COLLABORATION, AND BUSINESS DEVELOPMENT. IN 2024, THE HUB HOSTED EIGHT INSTITUTIONAL MEMBERS: AGROSUPER, SOFOFA HUB, CORPORACIN CIUDADES, UNIVERSIDAD ANDRES BELLO, COLBN, SYMNETICS/PHARU ANALYTICS, INSTITUTO REGIONAL DE ADMINISTRACION DE EMPRESAS, FUNDACIN KODEA, AND FUNDACIN SIDERAL. THE HUB ALSO ORGANIZED MULTIPLE EXCHANGE ACTIVITIES, INCLUDING A UNIVERSITY DELEGATION FROM UNIVERSIDAD ANDRS BELLO, THE "SUMA TALENTO" ENTREPRENEURSHIP BOOTCAMP WITH PARTICIPANTS FROM THE BIOBO REGION, AND A STEM-FOCUSED IMMERSION WEEK FOR UNIVERSITY STUDENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD RECEIVES THE 990 AFTER MANAGEMENT REVIEW AND VOTES TO APPROVE FOR SUBMISSION TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION HAS A FORMAL WRITTEN COI POLICY WHICH REQUIRES OFFICERS, DIRECTORS, AND KEY MEMBERS OF MANAGEMENT TO DISCLOSE ANNUALLY INTERESTS THAT MAY GIVE RISE TO CONFLICTS. THIS IS MONITORED ANNUALLY WITH THE SIGNOFF BY EACH BOARD MEMBER AND OFFICER TO PROVIDE EXPLANATION OF ANY POTENTIAL CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FOR DETERMINING COMPENSATION OF THE EXECUTIVE DIRECTOR, THE BOARD USES EACH MEMBER'S EXPERIENCE AND COMPENSATION THEY KNEW FROM OTHER NONPROFIT ORGANIZATIONS. FOR DETERMINING THE ED BONUS, THE BOARD USES A TABLE THEY CREATED, AND EACH MEMBER OF THE BOARD GIVES A GRADE ASSESSING THE PERFORMANCE OF THE ED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FOR DETERMINING COMPENSATION OF THE EXECUTIVE DIRECTOR, THE BOARD USES EACH MEMBER'S EXPERIENCE AND COMPENSATION THEY KNEW FROM OTHER NONPROFIT ORGANIZATIONS. FOR DETERMINING THE ED BONUS, THE BOARD USES A TABLE THEY CREATED, AND EACH MEMBER OF THE BOARD GIVES A GRADE ASSESSING THE PERFORAMANCE OF THE ED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6AVAILABLE ON THE WEBSITE OF THE MASSACHUSETTS OFFICE OF THE ATTORNEY GENERAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE GOVERNING DOCUMENTS POLICY IS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
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