NEXUS INC

WOBURN, MA, US
501(c)(3)
EIN
23-7246765
WOBURN, MA, US
501(c)(3)
EIN
23-7246765

Overview

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Est.

1972

Fiscal Year Start

Jul 1

Organization Type

Grantseeker
AI Summary
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NEXUS INC is a nonprofit organization dedicated to providing residential alternatives for developmentally challenged individuals. With an operating budget of $6.8 million and total revenue of $6.7 million for the fiscal year 2024, the organization is financially supported by multiple funders, none of which contribute 50% or more of its revenue. Currently, NEXUS INC does not have a publicly accessible website, and its specific geographic focus remains unspecified.

Mission Statement

TO PROVIDE RESIDENTIAL ALTERNATIVES FOR DEVELOPMENTALLY CHALLENGED INDIVIDUALS.
Revenues

$6.7M

Expenses

$6.8M

Net Income:
-$121.4K
Assets

$4M

Liabilities

$2.6M

Net Assets:
+$1.4M
Operating Budget

$6.8M

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
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

3

Median grant size
$20K
Largest grant received
$44.3K
G
Greg McGowan
Board Member
A
Alice Van Deusen
Board Member
M
Mark Heffron
Board Member

Frequently Asked Questions

What is NEXUS INC’s budget?
In 2024, NEXUS INC reported an annual operating budget of around $6.8 million. More detailed financial information is available to registered users.
What causes does NEXUS INC support?
NEXUS INC supports work in Unknown or not classified.
Where does NEXUS INC operate?
NEXUS INC is headquartered in WOBURN, MA.
Who funded NEXUS INC recently?
In 2024, NEXUS INC received grants from PATRICK & BEATRICE HAGGERTY FOUNDATION, MAURICE & CAROL FEINBERG FAMILY FOUNDATION, and FRED M HECTOR JR CHARITABLE TRUST. More information on this organization’s funders is available to registered users.
What is the largest grant NEXUS INC received in 2024?
The largest grant to NEXUS INC in 2024 exceeds $44 thousand.
What is NEXUS INC’s reliance on government grants?
NEXUS INC relied on government grants for less than 5% of their total revenue in 2024.
Overview
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