Form 990 for tax year 2022
Filed by MASSACHUSETTS SOCIETY FOR PROMOTING AGRICULTURE.
Totals
- Total revenue
- $321,111
- Total expenses
- $127,100
- Contributions and grants received
- $0
- Grants paid
- $70,000
- Program service revenue
- $0
- Investment income
- $321,111
- Other revenue
- $0
- Total assets, end of year
- $5,714,118
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $5,714,118
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
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.
-
3 · Investment income
total $110,281 · related or exempt $110,281
-
7a · Gross sales of assets other than inventory
securities $506,183
-
7b · Less cost or other basis and sales expenses
securities $295,353
-
7c · Gain or loss
securities $210,830
-
7d · Net gain or loss
total $210,830 · related or exempt $210,830
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $70,000
-
11a · Fees: management
total $50,125
-
11c · Fees: accounting
total $4,300
-
13 · Office expenses
total $1,404
-
24a · Other expenses: FOREIGN TAXES
total $1,098
-
24b · Other expenses: ADR TAX RECLAIM FEE
total $88
-
24c · Other expenses: ANNUAL REPORT FILING FE
total $85
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $499,155 · end of year $95,508
-
11 · Investments: publicly traded securities
beginning of year $4,988,952 · end of year $5,586,610
-
12 · Investments: other securities
beginning of year $30,000 · end of year $30,000
-
15 · Other assets
beginning of year $2,000 · end of year $2,000
-
27 · Net assets without donor restrictions
beginning of year $5,520,107 · end of year $5,714,118
Mission and programs · 2022
Mission
THE MASSACHUSETTS SOCIETY FOR PROMOTING AGRICULTURE WAS INCORPORATED ON MARCH 7, 1792 BY AN ACT OF THE SENATE AND THE HOUSE OF REPRESENTATIVES IN GENERAL COURT ASSEMBLED IN THE COMMONWEALTH OF MASSACHUSETTS. THE PURPOSE OF THE SOCIETY IS TO ALLOCATE THE FUNDS AVAILABLE TO AGRICULTURAL PROGRAMS IN THE WAY WHICH THE SOCIETY BELIEVES WILL BE OF GREATEST BENEFIT TO AGRICULTURE IN MASSACHUSETTS.
Activities or mission (Part I)
TO INCREASE THE KNOWLEDGE AND UNDERSTANDING OF AGRICULTURE AND STIMULATE RESEARCH IN NEW FIELDS RELATED TO AGRICULTURE
-
SEE STATEMENT ATTACHED FOR GRANTS PAID
Grants $70,000
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Frederic Winthrop JrFREDERIC WINTHROP JR
HONORARY TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Timothy K HollanderTIMOTHY K HOLLANDER
HONORARY TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Dudley H WillisDUDLEY H WILLIS
2ND VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan L HealyJONATHAN L HEALY
HONORARY TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Jerome C Hunsaker IIIJEROME C HUNSAKER III
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Robert T HallROBERT T HALL
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
John D LeeJOHN D LEE
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Frederick L DabneyFREDERICK L DABNEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Robert W MacLeodROBERT W MACLEOD
HONORARY TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Allen D BerryALLEN D BERRY
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
J Philip LeeJ PHILIP LEE
1ST VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Scott J SoaresSCOTT J SOARES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Frederick AmesFREDERICK AMES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Dudley H Willis JrDUDLEY H WILLIS JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Jennifer B HashleyJENNIFER B HASHLEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
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.
Grants on this return
-
MEATWORKSTHE LIVESTOCK INSTITUTE
$25,000
FUNDS GRANTED TO MAINTAIN AND IMPROVE THE "BULLDOG AND TO MAKE OTHER ANCILLARY INVESTMENTS AS MAY BE REQUIRED TO SUPPORT THE RELATIONSHIP WITH NBPS AND OTHERS AS CAPACITY BUILDS
-
$20,000
FUNDS GRANTED TO INCREASE COVER CROP ADOPTION FOR IMPROVED SOIL HEALTH, LAND RESILIENCY AND FARM VIABILITY
-
$15,000
TO SUPPORT THE WORK OF THE LEGAL FOOD HUB
-
FUNDS GRANTED TO BE USED TOWARD THE PURCHASE OF A TRUCK FOR THE NESFP PROGRAM
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 11 July 2023
- IRS schema version
- 2022v5.0
- Source object
- 202301929349301750
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