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Nonprofiteer
← SOUTH SHORE ECONOMIC DEVELOPMENT CORPORATION

Form 990 for tax year 2022

Filed by SOUTH SHORE ECONOMIC DEVELOPMENT CORPORATION.

Totals

Total revenue
$178,133
Total expenses
$162,021
Contributions and grants received
$172,832
Grants paid
$0
Program service revenue
$0
Investment income
$5,301
Other revenue
$0
Total assets, end of year
$167,761
Total liabilities, end of year
$216,334
Net assets or fund balances, end of year
-$48,573
Program services expenses (Part IX)
$94,777
Management and general expenses
$29,057
Fundraising expenses
$38,187
Program service expenses (Part III)
$94,777

Program services were 58.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • PETER TEDESCHI

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • DAVID ELLIS

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • PETER FORMAN

    PRESIDENT

    Total calculated
    $184,208
    From this org
    $0
    From related orgs
    $178,843
    Other
    $5,365
    Hours/week
    15

    Schedule J breakdown matched by us

    Base
    $0 + $169,243 related
    Bonus
    $0 + $9,600 related
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $5,365 related
    Filer's total
    $0 + $184,208 related
  • JACQUELINE COLLINS

    CLERK/SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • JUDI BARRETT

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JILL BERESFORD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • MICHAEL BOSCO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JOSEPH CARROLL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • GABE CROCKER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • BRYAN GREGORY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • DENVER GIBBS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • DEAN HILDRETH

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • DARLENE HOLLYWOOD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JOHN IREDALE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • TIMOTHY KELLEHER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • NICHOLE LANGLEY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • VICTORIA MAGUIRE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • PATRICE MAY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • BRIAN MURPHY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • DAVID NICHOLS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • SUSAN O'DAY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • MICHAEL RUH

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • WINTHROP SARGENT JR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • ROBERT TERRAVECCHIA JR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JOSEPH YOTTS

    TRUSTEE

    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

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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.

Provenance

Return type
form_990
Tax year
2022
Filed
23 October 2023
IRS schema version
2022v5.0
Source object
202322999349301602

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