Civic Intelligence

Hellenic Boston Businesses Unite

EIN 92-3997673 • 501(c)3 • Belmont, MA

NTEE T12

Profile

To nbsp;provide nbsp;opportunities nbsp;for nbsp;boston nbsp;based nbsp;entrepreneurs nbsp;and nbsp;managers nbsp;of nbsp;hellenic nbsp;background nbsp;and nbsp;philhellenes nbsp;with nbsp;opportunities nbsp;to nbsp;connect nbsp;and nbsp;network nbsp;and nbsp;to nbsp;uplift nbsp;the nbsp;community

5 Farm RoadBelmont, MA 02478
Siviq Scores

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

Liabilities / Assets

78th percentile

0.00x

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

NTEE T12 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

80th percentile

0.00x

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

NTEE T12 • <$500k nonprofits • Source year 2024

Net Margin

55th percentile

15%

Higher net margin than 55% of similar nonprofits.

NTEE T12 • <$500k nonprofits • Source year 2024

Top Officer Pay

99th percentile

$0

Higher top officer pay than 99% of similar nonprofits.

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

NTEE T12 • <$500k nonprofits • Source year 2024

Asset Growth

92nd percentile

156%

Faster asset growth than 92% of similar nonprofits.

NTEE T12 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

89th percentile

155%

Faster revenue growth than 89% of similar nonprofits.

NTEE T12 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets78th percentile

Assets

Up

$6,246

Up $3,803 (+156%) from 2023

Liabilities

Down

$0

Down $604 (-100%) from 2023

Net Assets

Up

$6,246

Up $4,407 (+240%) from 2023

Operations
Liabilities / Revenue80th percentileNet Margin55th percentile

Revenue

Up

$29,298

Up $17,819 (+155%) from 2023

Expenses

Up

$24,891

Up $15,251 (+158%) from 2023

Net Income

Up

$4,407

Up $2,568 (+140%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth92nd percentile

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

$8.0K$6.0K$4.0K$2.0K$0Assets 2023: $2,443Liabilities 2023: $604Net Assets 2023: $1,8392023Assets 2024: $6,246Liabilities 2024: $0Net Assets 2024: $6,2462024

Highlighted filing

2024

Assets$6,246
Liabilities$0
Net Assets$6,246
Open 2024 Filing

Operations Trend

Revenue Growth89th percentile

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

$30K$20K$10K$0Revenue 2023: $11,479Expenses 2023: $9,640Net Income 2023: $1,8392023Revenue 2024: $29,298Expenses 2024: $24,891Net Income 2024: $4,4072024

Highlighted filing

2024

Revenue$29,298
Expenses$24,891
Net Income$4,407
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,246
Liabilities
$0
Net assets
$6,246
Revenue
$29,298
Expenses
$24,891
Net income
$4,407
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.25$0.00$6.25$29.3$24.9$4.41
2023Detailed filing. Detailed filing data is available for this year.$2.44$0.60$1.84$11.5$9.64$1.84
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 9, 2025
Return Version
2024v5.1
Gross Receipts
$29,298
Mission and Program Overview

Mission

To nbsp;provide nbsp;opportunities nbsp;for nbsp;boston nbsp;based nbsp;entrepreneurs nbsp;and nbsp;managers nbsp;of nbsp;hellenic nbsp;background nbsp;and nbsp;philhellenes nbsp;with nbsp;opportunities nbsp;to nbsp;connect nbsp;and nbsp;network nbsp;and nbsp;to nbsp;uplift nbsp;the nbsp;community

Boston based entrepreneurs of hellenic background and philhellenes unite to find opportunities to connect and network with fellow professionals and to uplift the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,443$6,246▲ $3,803
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,443$6,246▲ $3,803
Liabilities
Deferred Revenue$604--
Total Liabilities$604$0▼ $604
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,839$6,246▲ $4,407
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$1,839$6,246▲ $4,407
Total Liabilities and Net Assets / Fund Balance$2,443$6,246▲ $3,803
Compensation and Service Providers
Top Officer Pay99th percentile

Board Members and Trustees

NameTitle
Patricia AsimacosPresident
Chris Salamanis-riveraVice President
Ali PapakyrikosDirector
Dena SkeadasDirector
George FaggasDirector
Nikitas TsoikalasDirector
Savvas FetfatsidisDirector
Renna HaggertySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,700
Program Service Revenue
$27,598
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,400
Change in Net Assets
$4,407
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$21,741
Grants and Similar Amounts Paid$3,150
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$19,737--$19,737
Grants to Domestic Orgs$3,150--$3,150
All Other Expenses-$1,344-$1,344
Other Expenses$43$191-$191
Total Functional Expenses$22,930$1,961$0$24,891
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
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

Part VI, Section B, Line 11B

“Reviewed at a board meeting.”

Part VII, Line 1A(B)

“Organization and meetings.”

Part VII, Line 1A(B)

“Organization and meetings.”

Part VII, Line 1A(B)

“Organization and meetings.”

Part VII, Line 1A(B)

“Organization and meetings.”

Part VII, Line 1A(B)

“Organization and meetings.”

Part VII, Line 1A(B)

“Organization and meetings.”

Part VII, Line 1A(B)

“Organization and meetings.”

Part VII, Line 1A(B)

“Organization and meetings.”

Filing and Contact Details

Filer

Filer Name
Hellenic Boston Businesses Unite
EIN
92-3997673
Phone
6176975555
Address
5 FARM ROAD, BELMONT, MA 02478

Signing Officer

Name
Patricia M Asimacos
Title
President
Phone
6178341263
Signed
2025-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patricia M Asimacos
Formed
2023
Legal Domicile
Ma
Voting Board Members
8
Independent Board Members
8
Employees
0

Preparer

Firm
Christopher J Trakas CPA
Address
50 MEADOWVIEW ROAD, MILTON, MA 02186
Preparer
Christopher J Trakas
Phone
6176975555
Supplemental Narrative

Additional Explanations

Part IX, Line 24E

“Accountant usd 250 advertising usd 165 website usd 929 total usd 1,344”

Raw XML Appendix350 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
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IRS990/Form990PartVIISectionAGrp/PersonNm2RENNA HAGGERTY
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZATION AND MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ORGANIZATION AND MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ORGANIZATION AND MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ORGANIZATION AND MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ORGANIZATION AND MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ORGANIZATION AND MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ORGANIZATION AND MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9ACCOUNTANT USD 250 ADVERTISING USD 165 WEBSITE USD 929 TOTAL USD 1,344
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART VII, LINE 1A(B)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART VII, LINE 1A(B)
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6PART VII, LINE 1A(B)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7PART VII, LINE 1A(B)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8PART VII, LINE 1A(B)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9PART IX, LINE 24E
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01961
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt022930
IRS990/TotalFunctionalExpensesGrp/TotalAmt024891
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0604
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt0604
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01839
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06246
IRS990/TotalProgramServiceExpensesAmt019737
IRS990/TotalProgramServiceRevenueAmt027598
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt027598
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt029298
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02443
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06246
IRS990/TransactionWithControlEntInd00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05 FARM ROAD
IRS990/USAddress/CityNm0BELMONT
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002478
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WhistleblowerPolicyInd00
IRS990/WrittenPolicyOrProcedureInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PATRICIA M ASIMACOS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06178341263
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HELLENIC BOSTON BUSINESSES UNITE
ReturnHeader/Filer/BusinessNameControlTxt0HELL
ReturnHeader/Filer/EIN0923997673
ReturnHeader/Filer/PhoneNum06176975555
ReturnHeader/Filer/USAddress/AddressLine1Txt05 FARM ROAD
ReturnHeader/Filer/USAddress/CityNm0BELMONT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002478
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0300404996
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHRISTOPHER J TRAKAS CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt050 MEADOWVIEW ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MILTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002186
ReturnHeader/PreparerPersonGrp/PhoneNum06176975555
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTOPHER J TRAKAS
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-05-10T07:40:45-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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