Totals
- Total revenue
- $554,103
- Total expenses
- $648,565
- Contributions and grants received
- $554,100
- Grants paid
- $326,500
- Program service revenue
- $0
- Investment income
- $3
- Other revenue
- $0
- Total assets, end of year
- $72,228
- Total liabilities, end of year
- $4,414
- Net assets or fund balances, end of year
- $67,814
- 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.
-
1b · Membership dues
$414,100
-
1f · All other contributions, gifts and grants
$140,000
-
3 · Investment income
total $3 · excluded $3
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $326,500
-
5 · Compensation of officers, directors and key employees
total $181,279
-
7 · Other salaries and wages
total $52,431
-
8 · Pension plan contributions
total $1,678
-
9 · Other employee benefits
total $90
-
10 · Payroll taxes
total $15,470
-
11b · Fees: legal
total $6,583
-
11c · Fees: accounting
total $13,066
-
11g · Fees: other
total $8,982
-
12 · Advertising and promotion
total $115
-
13 · Office expenses
total $1,532
-
14 · Information technology
total $4,984
-
16 · Occupancy
total $22,699
-
17 · Travel
total $3,332
-
19 · Conferences, conventions and meetings
total $741
-
23 · Insurance
total $3,617
-
24a · Other expenses: BOOKS, SUBSCRIPTIONS
total $2,815
-
24b · Other expenses: DUES
total $2,450
-
24c · Other expenses: GIFTS
total $201
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $158,642 · end of year $72,228
-
15 · Other assets
beginning of year $4,592 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $958 · end of year $4,414
-
27 · Net assets without donor restrictions
beginning of year $162,276 · end of year $67,814
Mission and programs · 2022
Mission
THE ORGANIZATION EXISTS TO ENGAGE IN A VARIETY OF ACTIVITIES TO PROMOTE THE COMMON BUSINESSINTERESTS OF ITS MEMBERS, IN ORDER TO IMPROVE THEIR FISCAL COMPETITIVESTANDING IN THE VARIOUS LINES OF BUSINESS IN WHICH THEY ARE ENGAGED.THE ORGANIZATION'S EFFORTS WILL HELP ADVANCE THE COMMON GOOD FORBUSINESSES, BOTH LARGE AND SMALL, AND PROMOTE FISCAL RESPONSIBILITY,TRANSPARENCY AND ACCOUNTABILITY.
Activities or mission (Part I)
THE ORGANIZATION EXISTS TO ENGAGE IN A VARIETY OF ACTIVITIES TO PROMOTE THE COMMON BUSINESS INTERESTS OF ITS MEMBERS, IN ORDER TO IMPROVE THEIR FISCAL COMPETITIVE STANDING IN VARIOUS LINES OF BUSINESS IN WHICH THEY ENGAGE. THE ORGANIZATION'S EFFORTS WILL HELP ADVANCE THE COMMON GOOD FOR BUSINESSES, BOTH LARGE AND SMALL, AND PROMOTE FISCAL RESPONSIBILITY, TRANSPARENCY, AND ACCOUNTABILITY.
-
THE ORGANIZATION PROVIDED TARGETED GRANT FUNDS FOR PURPOSES THAT FURTHERED THE INTEREST OF THE ORGANIZATION'S MEMBERS.
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jim RappaportJIM RAPPAPORT
CHAIR & DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Mark CohenMARK COHEN
TREASURER AND DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Lee GaudetteLEE GAUDETTE
CLERK AND DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Steve DavisSTEVE DAVIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Vince OstermanVINCE OSTERMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Jeff SheehyJEFF SHEEHY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Paul D CraneyPAUL D CRANEY
PRESIDENT & EXECUTIVE DIRE
- Total calculated
- $181,279
- From this org
- $160,940
- From related orgs
- $0
- Other
- $20,339
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $149,940
- Bonus
- $11,000
- Other
- $0
- Deferred
- $5,688
- Nontaxable benefits
- $14,651
- Filer's total
- $181,279
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 · Compensation survey or study
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
The filer's explanations (Part III)
- PART I, LINE 3
- THE BOARD CHAIR AND TREASURER FORM THE COMPENSATION COMMITTEE AND REVIEW MARKET RATE SALARIES BY STUDYING SIMILAR POSITIONS IN SIMILAR INDUSTRIES. AT THE ANNUAL BOARD MEETING THE BOARD APPROVES ALL BUDGET LINE ITEMS, INCLUDING STAFF SALARY AND BENEFITS FOR ALL STAFF.
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
-
MASSACHUSETTS FISCAL ALLIANCE INC
$276,500
GENERAL SUPPPORT FOR NON-ADVOCACY EXPENSES $96,000ADVOCACY GRANTS $180,500
-
FISCAL ALLIANCE FOUNDATION INC
$50,000
GENERAL SUPPORT
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 6 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333109349301453
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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