Form 990 for tax year 2022
Filed by ADVERTISING CLUB OF GREATER BOSTON INC.
Totals
- Total revenue
- $2,307,336
- Total expenses
- $2,593,627
- Contributions and grants received
- $642,351
- Grants paid
- $250
- Program service revenue
- $904,136
- Investment income
- $0
- Other revenue
- $760,849
- Total assets, end of year
- $367,608
- Total liabilities, end of year
- $267,425
- Net assets or fund balances, end of year
- $100,183
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- $659,491
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$319,151
-
1d · Related organizations
$43,200
-
1f · All other contributions, gifts and grants
$280,000
-
1g · Noncash contributions included above
$280,000
-
2a · Program service revenue: Womens Leadership
total $305,703 · related or exempt $305,703
-
2b · Program service revenue: Education
total $293,310 · related or exempt $293,310
-
2c · Program service revenue: Hatch Events
total $180,073 · related or exempt $180,073
-
2f · All other program service revenue
total $125,050 · related or exempt $125,050
-
8a · Fundraising events: gross income
$776,702
-
8b · Fundraising events: direct expenses
$17,799
-
8c · Net income from fundraising events
total $758,903 · excluded $758,903
-
11a · Other revenue: Other
total $1,946 · related or exempt $1,946
-
11e · Other revenue, total
$1,946
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $250
-
5 · Compensation of officers, directors and key employees
total $364,302
-
7 · Other salaries and wages
total $851,580
-
9 · Other employee benefits
total $97,638
-
10 · Payroll taxes
total $62,553
-
11b · Fees: legal
total $74,101
-
11c · Fees: accounting
total $5,571
-
11g · Fees: other
total $44,139
-
13 · Office expenses
total $3,919
-
14 · Information technology
total $83,101
-
16 · Occupancy
total $12,915
-
17 · Travel
total $9,866
-
20 · Interest
total $5,802
-
22 · Depreciation, depletion and amortization
total $3,749
-
23 · Insurance
total $6,619
-
24a · Other expenses: Cost of Events
total $941,397
-
24b · Other expenses: Board Expenses
total $12,254
-
24c · Other expenses: Bad debt
total $7,100
-
24d · Other expenses: Dues & Subscriptions
total $4,086
-
24e · All other expenses
total $2,685
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $82,633 · end of year $117,436
-
3 · Pledges and grants receivable
beginning of year $625,817 · end of year $244,279
-
9 · Prepaid expenses and deferred charges
beginning of year $14,419 · end of year $261
-
10a · Land, buildings and equipment: cost or other basis
$146,066
-
10b · Land, buildings and equipment: accumulated depreciation
$140,434
-
10c · Land, buildings and equipment, net
beginning of year $9,381 · end of year $5,632
-
17 · Accounts payable and accrued expenses
beginning of year $111,182 · end of year $93,056
-
19 · Deferred revenue
beginning of year $84,594 · end of year $3,369
-
23 · Secured mortgages and notes payable
beginning of year $150,000 · end of year $170,000
-
25 · Other liabilities
beginning of year $0 · end of year $1,000
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $386,474 · end of year $100,183
Mission and programs · 2022
Mission
The Ad Club is the trade association for the New England Marketing & Communications Industry. Focused on networking, education, professional development, advocacy, and diversity, the Ad Club presents over 30 events and programs every year. Legacy events like the hatch awards, media auction and rosoff awards run side-by-side with the latest in new media and the digital landscape.
Activities or mission (Part I)
The Ad Club is the trade association for the New England Marketing & Communications Industry. Focused on networking, education, professional development, advocacy and diversity, the Ad Club presents over 30 events and programs every year. Legacy events like the hatch awards, media auction, and rosoff awards run side-by-side with the latest in new media and the digital landscape.
-
Educational Programs offer courses that marketing professionals need to increase their knowledge and grow in their careers. Some of our most popular courses teach about topics such as: creative concepting, creative brief writing, design thinking, presenting ideas, and digital marketing. We also develop courses that are customized to the needs of a specific team within an organization. We have customized courses for companies such as CVS Health, TJX, Citizens Bank and BJs Wholesale Club.
Expenses $148,947 · Revenue $293,310
-
Womens Leadership Forum. The Womens Leadership Forum is dedicated to recognizing and honoring inspirational individuals for their leadership qualities and accomplishments. All honorees have made a significant contribution to their field and share their unique personal stories with attendees.
Expenses $226,751 · Revenue $305,703
-
The Hatch Awards. The Hatch Awards are an industry creative show torecognize the excellent work performed by creative people in theadvertising industry in New England. Creative work from all over thecountry is submitted to be judged by a panel of creative experts fromagenecies outside of New England. Break-through creative ideas areshowcased in a gala environment where creative ability and innovationare rewarded. This show can make the career of a talented youngcreative person by bringing recognition of budding talent.
Expenses $168,570 · Revenue $180,073
-
Other miscellaneous program to further the charitable purposes.
Expenses $115,223 · Revenue $126,996
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Andrew Graff
Chairman Emertis
- Total calculated
- $0
- Hours/week
- 2
-
Sarah Fay
Executive Board
- Total calculated
- $0
- Hours/week
- 2
-
John Della Volpe
Director
- Total calculated
- $0
- Hours/week
- 2
-
Eran Lobel
Director
- Total calculated
- $0
- Hours/week
- 2
-
Lynne Montesanto
Director
- Total calculated
- $0
- Hours/week
- 2
-
Kathy Klingler
Executive Board
- Total calculated
- $0
- Hours/week
- 2
-
Brad Rinklin
Executive Board
- Total calculated
- $0
- Hours/week
- 2
-
Pat LaCroix
Director
- Total calculated
- $0
- Hours/week
- 2
-
Osman Rana
Director
- Total calculated
- $0
- Hours/week
- 2
-
Baba Shetty
Executive Board
- Total calculated
- $0
- Hours/week
- 2
-
Andy Reinhard
Director
- Total calculated
- $0
- Hours/week
- 2
-
Kate Ardini
Director
- Total calculated
- $0
- Hours/week
- 2
-
Melissa Levy
Director
- Total calculated
- $0
- Hours/week
- 2
-
George Sargent
Executive Board
- Total calculated
- $0
- Hours/week
- 2
-
Barbara Goose
Co-Chairman
- Total calculated
- $0
- Hours/week
- 2
-
Marc Sutter
Director
- Total calculated
- $0
- Hours/week
- 2
-
David Edelman
Director
- Total calculated
- $0
- Hours/week
- 2
-
Kelly Fredrickson
Director
- Total calculated
- $0
- Hours/week
- 2
-
Jennifer Halloran
Director
- Total calculated
- $0
- Hours/week
- 2
-
Kathy Varney
Director
- Total calculated
- $0
- Hours/week
- 2
-
David Dintenfass
Director
- Total calculated
- $0
- Hours/week
- 2
-
Don Lane
Director
- Total calculated
- $0
- Hours/week
- 2
-
Tarun Rathnam
Director
- Total calculated
- $0
- Hours/week
- 2
-
Kiran Smith
Director
- Total calculated
- $0
- Hours/week
- 2
-
Fred Bertino
Director
- Total calculated
- $0
- Hours/week
- 2
-
Aaron Niederhelman
Director
- Total calculated
- $0
- Hours/week
- 2
-
Stephanie Games
Director
- Total calculated
- $0
- Hours/week
- 2
-
Tony Weisman
Director
- Total calculated
- $0
- Hours/week
- 2
-
Kathleen Kiely through May2023
President
- Total calculated
- $364,302
- From this org
- $352,580
- From related orgs
- $0
- Other
- $11,722
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $250,000
- Bonus
- $102,580
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $11,722
- Filer's total
- $364,302
-
Joshua Boyle
Director of Partnerships and Digital Engagement
- Total calculated
- $151,775
- From this org
- $141,125
- From related orgs
- $0
- Other
- $10,650
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $100,000
- Bonus
- $41,125
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $10,650
- Filer's total
- $151,775
-
Mary Pasciuccio
Chief Marketing Office
- Total calculated
- $186,000
- From this org
- $186,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $185,000
- Bonus
- $1,000
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $186,000
-
Thomas Peterson
Director of Sales
- Total calculated
- $200,000
- From this org
- $200,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $150,000
- Bonus
- $50,000
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $200,000
-
Joyce Linehan
Director of Content Development
- Total calculated
- $104,000
- From this org
- $104,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(c)(3) · Scholarships, Internships, and sponsorships · MA · controlled entity
Directly controlled by No
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202313199349325301
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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