Form 990 for tax year 2023
Filed by MASSACHUSETTS MANUFACTURING EXTENSION PARTNERSHIP INC.
Totals
- Total revenue
- $11,721,683
- Total expenses
- $11,728,272
- Contributions and grants received
- $8,511,796
- Grants paid
- $0
- Program service revenue
- $3,070,526
- Investment income
- $119,628
- Other revenue
- $19,733
- Total assets, end of year
- $4,777,464
- Total liabilities, end of year
- $2,627,627
- Net assets or fund balances, end of year
- $2,149,837
- Program services expenses (Part IX)
- $9,118,405
- Management and general expenses
- $2,609,867
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $9,118,405
Program services were 77.7% 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.
-
1e · Government grants (contributions)
$8,511,796
-
2a · Program service revenue: PROJECT FEES
total $3,070,526 · related or exempt $3,070,526
-
3 · Investment income
total $119,628 · excluded $119,628
-
11a · Other revenue: OTHER INCOME
total $19,733 · related or exempt $19,733
-
11e · Other revenue, total
$19,733
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $1,275,039 · program services $539,613 · management and general $735,426
-
7 · Other salaries and wages
total $3,483,675 · program services $2,561,026 · management and general $922,649
-
8 · Pension plan contributions
total $427,744 · program services $309,012 · management and general $118,732
-
9 · Other employee benefits
total $488,090 · program services $443,193 · management and general $44,897
-
10 · Payroll taxes
total $345,983 · program services $229,520 · management and general $116,463
-
11a · Fees: management
total $116,677 · program services $5,300 · management and general $111,377
-
11b · Fees: legal
total $15,217 · management and general $15,217
-
11c · Fees: accounting
total $32,000 · management and general $32,000
-
11d · Fees: lobbying
total $120,000 · management and general $120,000
-
12 · Advertising and promotion
total $110,769 · program services $107,586 · management and general $3,183
-
13 · Office expenses
total $74,404 · program services $788 · management and general $73,616
-
16 · Occupancy
total $197,400 · program services $116,466 · management and general $80,934
-
17 · Travel
total $240,017 · program services $199,911 · management and general $40,106
-
19 · Conferences, conventions and meetings
total $77,570 · program services $68,257 · management and general $9,313
-
22 · Depreciation, depletion and amortization
total $25,704 · program services $15,165 · management and general $10,539
-
23 · Insurance
total $40,719 · management and general $40,719
-
24a · Other expenses: SUBRECIPIENTS
total $2,999,715 · program services $2,999,715
-
24b · Other expenses: CONSULTANTS
total $1,295,297 · program services $1,295,297
-
24c · Other expenses: DUES AND SUBCRIPTIONS
total $157,332 · program services $149,319 · management and general $8,013
-
24d · Other expenses: COMPUTER EQUIPMENT
total $83,178 · program services $2,960 · management and general $80,218
-
24e · All other expenses
total $121,742 · program services $75,277 · management and general $46,465
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,294,486 · end of year $3,258,993
-
4 · Accounts receivable
beginning of year $735,392 · end of year $896,741
-
9 · Prepaid expenses and deferred charges
beginning of year $131,500 · end of year $155,805
-
10a · Land, buildings and equipment: cost or other basis
$237,876
-
10b · Land, buildings and equipment: accumulated depreciation
$203,031
-
10c · Land, buildings and equipment, net
beginning of year $41,592 · end of year $34,845
-
15 · Other assets
beginning of year $613,556 · end of year $431,080
-
17 · Accounts payable and accrued expenses
beginning of year $1,054,686 · end of year $1,060,227
-
19 · Deferred revenue
beginning of year $1,008,308 · end of year $1,152,770
-
25 · Other liabilities
beginning of year $597,106 · end of year $414,630
-
27 · Net assets without donor restrictions
beginning of year $2,156,426 · end of year $2,149,837
Mission and programs · 2023
Mission
THE ORGANIZATION IS AN EDUCATIONAL EXTENSION PROGRAM ESTABLISHED TO PROVIDE MANUFACTURERS, LOCATED IN THE COMMONWEALTH OF MASSACHUSETTS, WITH ASSISTANCE IN APPLYING PRODUCTION AND PROCESS TECHNOLOGIES AND BUSINESS MANAGEMENT PRACTICES TO THEIR OPERATIONS. THE ORGANIZATION LINKS PUBLIC AND PRIVATE SERVICE PROVIDERS AND COMPLIMENTS FEDERAL, STATE AND LOCAL PROGRAMS.
Activities or mission (Part I)
MASSACHUSETTS MEP LINKS PUBLIC AND PRIVATE SECTOR SERVICE PROVIDERS AND COMPLIMENTS FEDERAL, STATE AND LOCAL PROGRAMS
-
AN EDUCATIONAL EXTENSION PROGRAM TO ASSIST SMALL MANUFACTURERS, LOCATED IN MASSACHUSETTS, IN APPLYING PRODUCTION AND PROCESS TECHNOLOGIES AND BUSINESS MANAGEMENT PRACTICES TO THEIR OPERATIONS.
Expenses $9,118,405 · Revenue $3,090,259
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jeffrey TurgeonJEFFREY TURGEON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
John BergJOHN BERG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jessica BarnesJESSICA BARNES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Sarah Haig BakerSARAH HAIG BAKER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Rita KapurRITA KAPUR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
John KovachJOHN KOVACH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
John GenereuxJOHN GENEREUX
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Karen CoombsKAREN COOMBS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kimberley IngallsKIMBERLEY INGALLS
DIRECTOR OF BUSINESS OPERA
- Total calculated
- $193,319
- From this org
- $165,689
- From related orgs
- $0
- Other
- $27,630
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $132,536
- Bonus
- $33,153
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $27,630
- Filer's total
- $193,319
-
Jesse BurqueJESSE BURQUE
DIRECTOR OF FINANCE
- Total calculated
- $213,919
- From this org
- $162,947
- From related orgs
- $0
- Other
- $50,972
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $128,937
- Bonus
- $34,010
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $50,972
- Filer's total
- $213,919
-
Katherine MahoneyKATHERINE MAHONEY
PRESIDENT
- Total calculated
- $344,421
- From this org
- $294,139
- From related orgs
- $0
- Other
- $50,282
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $201,939
- Bonus
- $92,200
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $50,282
- Filer's total
- $344,421
-
Kristy E GrignonKRISTY E GRIGNON
SR. DIRECTOR OF BUSINESS D
- Total calculated
- $240,154
- From this org
- $186,814
- From related orgs
- $0
- Other
- $53,340
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $148,542
- Bonus
- $38,272
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $53,340
- Filer's total
- $240,154
-
Judith SilviaJUDITH SILVIA
SR. DIRECTOR OF PUBLIC AFF
- Total calculated
- $245,829
- From this org
- $191,982
- From related orgs
- $0
- Other
- $53,847
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $152,584
- Bonus
- $39,398
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $53,847
- Filer's total
- $245,829
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 · Form 990 of other organizations
- 3 · Written employment contract
- 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
- 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.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403209349305850
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