Form 990 for tax year 2023
Filed by MASSACHUSETTS HIGH TECHNOLOGY COUNCIL INC.
Totals
- Total revenue
- $2,917,365
- Total expenses
- $1,738,169
- Contributions and grants received
- $1,278,813
- Grants paid
- $0
- Program service revenue
- $1,621,000
- Investment income
- $2,552
- Other revenue
- $15,000
- Total assets, end of year
- $1,372,729
- Total liabilities, end of year
- $731,057
- Net assets or fund balances, end of year
- $641,672
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
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
$1,278,813
-
2a · Program service revenue: Electricity Program
-
2b · Program service revenue: Growth Competitivenss Ini
-
2c · Program service revenue: Innovation Access Network
-
2d · Program service revenue: MassVision 2050
total $1,621,000 · related or exempt $1,621,000
-
2e · Program service revenue: Women in Leadership
-
3 · Investment income
total $2,552 · excluded $2,552
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$15,000
-
8c · Net income from fundraising events
total $15,000 · excluded $15,000
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Administrative Fees
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $741,521
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $444,063
-
8 · Pension plan contributions
total $52,981
-
9 · Other employee benefits
total $41,574
-
10 · Payroll taxes
total $54,932
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $26,396
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $15,552
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $3,903
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $141,672
-
17 · Travel
total $7,158
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $8,654
-
20 · Interest
total $8,130
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $18,152
-
23 · Insurance
total $5,530
-
24a · Other expenses: Program Expenses
total $97,084
-
24b · Other expenses: Dues & Subscriptions
total $33,578
-
24c · Other expenses: Telephone
total $10,543
-
24d · Other expenses: 1099 Contractors
total $9,974
-
24e · All other expenses
total $16,772
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $83,096 · end of year $605,393
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $94,700 · end of year $494,783
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $36,521 · end of year $28,270
-
10a · Land, buildings and equipment: cost or other basis
$225,499
-
10b · Land, buildings and equipment: accumulated depreciation
$179,249
-
10c · Land, buildings and equipment, net
beginning of year $30,774 · end of year $46,250
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $212,492 · end of year $198,033
-
17 · Accounts payable and accrued expenses
beginning of year $321,212 · end of year $265,303
-
19 · Deferred revenue
beginning of year $355,612 · end of year $288,583
-
25 · Other liabilities
beginning of year $318,283 · end of year $177,171
-
27 · Net assets without donor restrictions
beginning of year -$537,524 · end of year $641,672
Mission and programs · 2023
Mission
The Massachusetts High Technology Council, Inc. is an organization of CEOs andsenior executives representing technology companies, professional services firms,and research institutions who are dedicated to creating and sustaining conditionsthat support investment, job growth and improved quality of life in Massachusetts.Our members are growth-oriented, knowledge-intensive employers and institutionsthat develop, deliver, and depend on technology products, services, and innovationsto advance their organizational objectivesa definition which covers just about allbusiness enterprises in Massachusetts today.The Council advocates for the high technology economy in Massachusetts byproviding members with opportunities to connect with peers, and by facilitatingcooperative relationships and results-focused strategies among senior leaders fromindustry, finance, academia, and government.Our mission is simple: to help make Massachusetts the worlds most attractiveplace in which to live and work, and
Activities or mission (Part I)
The Massachusetts High Technology Council, Inc. is an organization of CEOs and seniorexecutives representing technology companies, professional services firms, andacademic and research institutions who are dedicated to creating and sustainingconditions that support investment, job growth and improved quality of life inMassachusetts Our mission is to help make Massachusetts the worlds most attractiveplace in which to live and work, and in which to create, operate and grow hightechnology businesses.
-
Since 1977, the Massachusetts High Technology Council, Inc. has developed an unmatched record of success by unifying CEO and senior executive decision makers to advance strategies that impact the most critical public policy decisions facing the Commonwealth of Massachusetts, its job creators and its citizens. In June 2018, we celebrated another notableand historicleadership accomplishment which ranks in importance with several prior Council achievements, including: Enabling the passage of Proposition 2 (1980); drafting and securing the enactment of the states first R&D tax credit (1992); successfully leading a New England-wide collaboration to support the increasingly technology-oriented mission at Hanscom Air Force Base and the US Army Soldier Systems Center in Natick during the federal Base Realignment and Closure review at the request of Sen. Kennedy and Gov. Romney (2005); and engineering the repeal of the Legislatures expansion of the state sales tax to custom computer servicesthe so-called Tech Taxin 2013. On June 18, 2018 the Massachusetts Supreme Judicial Court (SJC) declared the proposed amendment to the State Constitution to establish a permanent $2 billion per year personal income surtax invalid and unconstitutional. Ours was the first challenge to a proposed citizens initiative to amend the Constitution since 1937.
As filed on the 2023 return.
Listed in Part VII
-
Christopher R Anderson
President
- Total calculated
- $741,521
- From this org
- $608,925
- From related orgs
- $0
- Other
- $132,596
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $633,886
- Bonus
- $95,543
- Other
- -$120,504
- Deferred
- $101,460
- Nontaxable benefits
- $31,136
- Filer's total
- $741,521
-
Raymond Bigelow
Director
- Total calculated
- $0
- Hours/week
- 0
-
John Chartier
Director
- Total calculated
- $0
- Hours/week
- 0
-
Julie Chen
Director
- Total calculated
- $0
- Hours/week
- 0
-
E LaBrent Chrite
Director
- Total calculated
- $0
- Hours/week
- 0
-
Michael J Kendall
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
John Connaughton
Director
- Total calculated
- $0
- Hours/week
- 0
-
Corey Thomas
Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Stephen P DeFalco
Director
- Total calculated
- $0
- Hours/week
- 1
-
Ranch Kimball
Director
- Total calculated
- $0
- Hours/week
- 1
-
Rebecca Diaz
Director
- Total calculated
- $0
- Hours/week
- 0
-
Grace H Lee
Director
- Total calculated
- $0
- Hours/week
- 0
-
Russell Low
Director
- Total calculated
- $0
- Hours/week
- 0
-
John TC Lee
Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Robert L Reynolds
Director
- Total calculated
- $0
- Hours/week
- 1
-
Peter Healy
Director
- Total calculated
- $0
- Hours/week
- 1
-
Valery Panier
Director
- Total calculated
- $0
- Hours/week
- 0
-
Michael P Plisinski
Director
- Total calculated
- $0
- Hours/week
- 0
-
Christopher Egan
Director
- Total calculated
- $0
- Hours/week
- 1
-
Adam Partnoy
Director
- Total calculated
- $0
- Hours/week
- 0
-
Brian Shortsleeve
Director
- Total calculated
- $0
- Hours/week
- 0
-
William J Ribaudo
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Grace Wang
Director
- Total calculated
- $0
- Hours/week
- 0
-
Douglas Robbins
Director
- Total calculated
- $0
- Hours/week
- 1
-
John Weaver
Director
- Total calculated
- $0
- Hours/week
- 0
-
Jean-Charles Wirth
Director
- Total calculated
- $0
- Hours/week
- 0
-
Navjot Singh
Director
- Total calculated
- $0
- Hours/week
- 1
-
John Capone
Director
- Total calculated
- $0
- Hours/week
- 1
-
Catherine Kinker
Director
- Total calculated
- $0
- Hours/week
- 1
-
Puneet Mahajan
Director
- Total calculated
- $0
- Hours/week
- 1
-
Dan Shine
Director
- Total calculated
- $0
- Hours/week
- 1
-
Marcelo Suarez-Orozco
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jane Steinmetz
Director
- Total calculated
- $0
- Hours/week
- 1
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 committee
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 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.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 27 June 2025
- IRS schema version
- 2023v6.0
- Source object
- 202531789349300623
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