Overview

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Est.

1993

Latest Fiscal Year

Not available

Organization Type

Grantseeker

990s

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2024
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2023
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2021
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AI Summary

The Massachusetts Alliance for Economic Development Inc is dedicated to fostering economic growth and job retention in Massachusetts through various programs and services. With an operating budget of $730.5K and total revenue of $818.1K for the filing year 2024, the organization plays a vital role in supporting local businesses. More information can be found on their website at www.massecon.com.

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Mission Statement

PROVIDES PROGRAMS AND SERVICES TO SUPPORT THE RETENTION AND GROWTH OF BUSINESS AND JOBS IN MASSACHUSETTS

Cause Areas

1
Economic development
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Financials

2024
Revenues
$818.1K
Expenses
$730.5K
Net Income:
+$87.6K
Assets
$321.8K
Liabilities
$86K
Net Assets:
+$235.8K

Financial Trends

2024
Operating Budget
$730.5K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Board & Team

P
Peter Abair
Board Member
G
Geoff Howell
Board Member
M
Michael Scott
Board Member

Frequently Asked Questions

What is MASSACHUSETTS ALLIANCE FOR ECONOMIC DEVELOPMENT INC’s budget?
In 2024, MASSACHUSETTS ALLIANCE FOR ECONOMIC DEVELOPMENT INC reported an annual operating budget of around $731 thousand. More detailed financial information is available to registered users.
What causes does MASSACHUSETTS ALLIANCE FOR ECONOMIC DEVELOPMENT INC support?
MASSACHUSETTS ALLIANCE FOR ECONOMIC DEVELOPMENT INC supports work in Economic development.
Where does MASSACHUSETTS ALLIANCE FOR ECONOMIC DEVELOPMENT INC operate?
MASSACHUSETTS ALLIANCE FOR ECONOMIC DEVELOPMENT INC is headquartered in Watertown, MA.
What is MASSACHUSETTS ALLIANCE FOR ECONOMIC DEVELOPMENT INC’s reliance on government grants?
MASSACHUSETTS ALLIANCE FOR ECONOMIC DEVELOPMENT INC relied on government grants for more than 30% of their total revenue in 2024.