MASSACHUSETTS GREEN HIGH PERFORMANCE COMPUTING CENTER INC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- MASSACHUSETTS GREEN HIGH PERFORMANCE COMPUTING CENTER INC (EIN 27-3014805)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-05-14
- IRS object ID
- 202401359349304775
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-14T11:18:18-05:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 221478099 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COHNREZNICK LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE BOSTON PLACE SUITE 500 | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02108 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 273014805 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MASSACHUSETTS GREEN HIGH PERFORMANCE | BusinessNameLine1Txt |
| Business Name Line2 | COMPUTING CENTER INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MASS | BusinessNameControlTxt |
| Phone | 4135524900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 BIGELOW STREET | AddressLine1Txt |
| City | HOLYOKE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01040 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN GOODHUE | PersonNm |
| Person Title | PRESIDENT & EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 4135524900 | PhoneNum |
| Signature | 2024-05-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JOHN | PersonFirstNm |
| Person Last | GOODHUE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LAURA KIELCZEWSKI | PreparerPersonNm |
| PTIN | P00740769 | PTIN |
| Phone | 6176481400 | PhoneNum |
| Preparation | 2024-05-13 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JOHN GOODHUE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 BIGELOW STREET | AddressLine1Txt |
| City | HOLYOKE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01040 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $11,602,438 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | HTTP://WWW.MGHPCC.ORG/ | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2010 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | MAINTAIN A FACILITY WHICH WILL HOUSE A HIGH PERFORMANCE COMPUTER CENTER TO SUPPORT, ASSIST, ENHANCE, AND ADVANCE THE SCIENTIFIC RESEARCH ACTIVITIES OF ITS MEMBER UNIVERSITIES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 0 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 10 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $377,882 | PYContributionsGrantsAmt |
| CY Contributions Grants | $976,891 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $7,240,584 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $10,623,851 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,666 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,696 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $7,620,132 | PYTotalRevenueAmt |
| CY Total Revenue | $11,602,438 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $5,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $5,000 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $8,668,471 | PYOtherExpensesAmt |
| CY Other Expenses | $9,285,771 | CYOtherExpensesAmt |
| PY Total Expenses | $8,673,471 | PYTotalExpensesAmt |
| CY Total Expenses | $9,290,771 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,053,339 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,311,667 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $17,181,959 | TotalAssetsBOYAmt |
| Total Assets EOY | $18,840,511 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $3,715,036 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,061,921 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $13,466,923 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $15,778,590 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO OWN, MAINTAIN AND LEASE A FACILITY WHICH WILL HOUSE A HIGH PERFORMANCE COMPUTING CENTER TO SUPPORT, ASSIST, ENHANCE, AND ADVANCE THE SCIENTIFIC RESEARCH ACTIVITIES OF ITS MEMBER UNIVERSITIES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $9,013,166 | ExpenseAmt |
| Grant | $5,000 | GrantAmt |
| Revenue | $10,623,851 | RevenueAmt |
| Desc | TO OWN, MAINTAIN, AND LEASE A FACILITY WHICH WILL HOUSE A HIGH PERFORMANCE COMPUTING CENTER TO SUPPORT, ASSIST, ENHANCE, AND ADVANCE THE SCIENTIFIC RESEARCH ACTIVITIES OF ITS MEMBER UNIVERSITIES. | Desc |
| Total Program Service Expenses | $9,013,166 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 21 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 0 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHN GOODHUE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4135524900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 BIGELOW STREET | AddressLine1Txt |
| City | HOLYOKE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01040 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| CARL RUST | |||||||||
| DIRECTOR | 1.00 | 40.00 | Yes (X) | $0 | $274,566 | $73,631 | |||
| COLE CAMPLESE | |||||||||
| DIRECTOR | 1.00 | 40.00 | Yes (X) | $0 | $544,784 | $60,600 | |||
| DAVID LUZZI | |||||||||
| DIRECTOR | 1.00 | 40.00 | Yes (X) | $0 | $687,010 | $60,828 | |||
| FRANCIS DOYLE | |||||||||
| DIRECTOR | 1.00 | 40.00 | Yes (X) | $0 | $689,173 | $69,606 | |||
| GLORIA WATERS | |||||||||
| DIRECTOR | 1.00 | 55.00 | Yes (X) | $0 | $499,246 | $35,729 | |||
| JAMES KUROSE | |||||||||
| DIRECTOR AND CHAIR | 1.00 | 40.00 | Yes (X) | $0 | $414,790 | $82,173 | Yes (X) | ||
| JOHN SHAW | |||||||||
| DIRECTOR | 1.00 | 40.00 | Yes (X) | $0 | $517,148 | $68,669 | |||
| KATHERINE NEWMAN | |||||||||
| DIRECTOR (THROUGH 1/8/23) | 1.00 | 40.00 | Yes (X) | $0 | $494,548 | $124,583 | |||
| MARIA ZUBER | |||||||||
| DIRECTOR | 1.00 | 60.00 | Yes (X) | $0 | $548,182 | $37,703 | |||
| MARK SILIS | |||||||||
| DIRECTOR | 1.00 | 40.00 | Yes (X) | $0 | $431,613 | $29,146 | |||
| MICHAEL MALONE | |||||||||
| DIRECTOR | 1.00 | 40.00 | Yes (X) | $0 | $388,787 | $85,939 | |||
| ROBERT A BROWN | |||||||||
| DIRECTOR AND FORMER CHAIR | 1.00 | 55.00 | Yes (X) | $0 | $2,075,207 | $543,610 | |||
| CHRISTOPHER SIMMONS | |||||||||
| CLERK (FROM 8/20/22) | 40.00 | 1.00 | $0 | $74,787 | $6,421 | Yes (X) | |||
| JOHN GOODHUE | |||||||||
| PRESIDENT & EXECUTIVE DIRECTOR | 40.00 | 1.00 | $0 | $305,730 | $37,439 | Yes (X) | |||
| SUSAN SCANNELL | |||||||||
| CLERK (THROUGH 8/19/22) | 40.00 | 1.00 | $0 | $102,242 | $12,629 | Yes (X) | |||
| THOMAS NEDELL | |||||||||
| TREASURER | 1.00 | 40.00 | $0 | $929,193 | $232,000 | Yes (X) | |||
| BRENDAN JOHNSON | |||||||||
| SENIOR SYSTEMS ENGINEER | 40.00 | 1.00 | $0 | $100,500 | $1,692 | Yes (X) | |||
| JAMES CULBERT | |||||||||
| DIRECTOR IT SERVICES | 40.00 | 1.00 | $0 | $237,316 | $70,320 | Yes (X) | |||
| JULIE MA | |||||||||
| PROGRAM DIRECTOR | 40.00 | 1.00 | $0 | $140,211 | $18,957 | Yes (X) | |||
| KEVIN HELM | |||||||||
| DIRECTOR FACILITY MANAGEMENT | 40.00 | 1.00 | $0 | $140,552 | $36,568 | Yes (X) | |||
| CHRISTOPHER STUBBS | |||||||||
| FORMER DIRECTOR | 1.00 | 40.00 | $0 | $496,879 | $67,051 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $10,092,464 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,755,294 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| UG2 LLC | |||||
| 2 COPLEY PL TOWER 2 SUITE 110 | BOSTON | MA | 02116 | CONSULTANT SERVICES | $544,931 |
| SWEET & FIZZY LLC | |||||
| 226 SPRING STREET | FLORENCE | MA | 01062 | CONSULTANT SERVICES | $388,308 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $976,391 | GovernmentGrantsAmt |
| All Other Contributions | $500 | AllOtherContributionsAmt |
| Total Contributions | $976,891 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| FEES & SERVICES | 221000 | $7,800,886 | $7,800,886 |
| CONSTRUCTION REVENUE | 230000 | $2,822,965 | $2,822,965 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $10,623,851 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,696 | TotalRevenueColumnAmt |
| Exclusion | $1,696 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $11,602,438 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $10,623,851 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,696 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,000 | TotalAmt |
| Program Services | $5,000 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,476 | TotalAmt |
| Management And General | $38,476 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,100 | TotalAmt |
| Management And General | $67,100 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $99,973 | TotalAmt |
| Program Services | $99,973 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $106,092 | TotalAmt |
| Program Services | $106,092 | ProgramServicesAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $792,074 | TotalAmt |
| Program Services | $792,074 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,237,346 | TotalAmt |
| Program Services | $3,237,346 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $845,307 | TotalAmt |
| Program Services | $845,307 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $143,495 | TotalAmt |
| Program Services | $120,158 | ProgramServicesAmt |
| Management And General | $23,337 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| REPAIRS & MAINTENANCE | $1,461,681 | $1,461,681 | |
| REIMBURSED SALARIES | $1,236,668 | $1,157,758 | $78,910 |
| SUBAWARDS & CONSULTANT | $823,227 | $823,227 | |
| REIMBURSED BENEFITS | $281,375 | $263,421 | $17,954 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $152,957 | TotalAmt |
| Program Services | $101,129 | ProgramServicesAmt |
| Management And General | $51,828 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,290,771 | TotalAmt |
| Program Services | $9,013,166 | ProgramServicesAmt |
| Management And General | $277,605 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,120,413 | BOYAmt |
| EOY | $2,318,491 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,837,657 | BOYAmt |
| EOY | $1,458,809 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $395,342 | BOYAmt |
| EOY | $367,567 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $24,413,875 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $12,651,947 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,750,328 | BOYAmt |
| EOY | $11,761,928 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,078,219 | BOYAmt |
| EOY | $2,933,716 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,181,959 | BOYAmt |
| EOY | $18,840,511 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,257,566 | BOYAmt |
| EOY | $1,052,840 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,307,470 | BOYAmt |
| EOY | $509,081 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,150,000 | BOYAmt |
| EOY | $1,500,000 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,715,036 | BOYAmt |
| EOY | $3,061,921 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,443,749 | BOYAmt |
| EOY | $15,766,161 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,174 | BOYAmt |
| EOY | $12,429 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,466,923 | BOYAmt |
| EOY | $15,778,590 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,181,959 | BOYAmt |
| EOY | $18,840,511 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $2,311,667 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | 0 | FSAuditedInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type1 | Yes (X) | SupportingOrgType1Ind |
| IRS Written Determination | Yes (X) | IRSWrittenDeterminationInd |
| Supported Organizations | 5 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp (5 entries)
| EINEIN | Organization TypeOrganizationTypeCd | Governing Document ListedGoverningDocumentListedInd | SupportSupportAmt | Other SupportOtherSupportAmt |
|---|---|---|---|---|
| MASS INSTITUTE OF TECHNOLOGY | ||||
| 042103594 | 2 | Yes (1) | $0 | $0 |
| NORTHEASTERN UNIVERSITY | ||||
| 041679980 | 2 | Yes (1) | $0 | $0 |
| UNIVERSITY OF MASSACHUSETTS | ||||
| 043167352 | 6 | Yes (1) | $0 | $0 |
| BOSTON UNIVERSITY | ||||
| 042103547 | 2 | Yes (1) | $0 | $0 |
| PRESIDENT AND FELLOWS OF HARVARD COLLEGE | ||||
| 042103580 | 2 | Yes (1) | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 5 | SupportedOrganizationsTotalCnt |
| Support Sum | $0 | SupportSumAmt |
| Other Support Sum | $0 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (1) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | Yes (1) | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | 0 | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | 0 | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | 0 | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | 0 | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | 0 | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | 0 | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | 0 | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | 0 | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | 0 | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | 0 | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | 0 | ContributionControllerInd |
| Contribution Family | 0 | ContributionFamilyInd |
| Contribution35 Controlled | 0 | Contribution35ControlledInd |
Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Power Appoint Majority Dir Trst | Yes (1) | PowerAppointMajorityDirTrstInd |
| Operate Benefit Non Suprt Org | 0 | OperateBenefitNonSuprtOrgInd |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART IV, SECTION A, LINE 2 | FormAndLineReferenceDesc |
| Explanation | UNIVERSITY OF MASSACHUSETTS IS A SUPPORTED ORGANIZATION THAT IS A STATE UNIVERSITY UNDER SECTION 115 AND THEREFORE IS NOT REQUIRED TO OBTAIN RECOGNITION OF PUBLIC CHARITY STATUS. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,892,159 | OtherCostOrOtherBasisAmt |
| Book Value | $4,892,159 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,234,966 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,999,185 | DepreciationAmt |
| Book Value | $6,235,781 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $47,504 | OtherCostOrOtherBasisAmt |
| Depreciation | $7,917 | DepreciationAmt |
| Book Value | $39,587 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,239,246 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,644,845 | DepreciationAmt |
| Book Value | $594,401 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $11,761,928 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEFERRED RENT | Desc |
| Book Value | $2,933,716 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $2,933,716 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | WORKING CASH ADVANCES | Desc |
| Amt | $1,500,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,500,000 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE A COMPANY TO EVALUATE ITS TAX POSITIONS AND RECOGNIZE A TAX LIABILITY OR ASSET FOR UNCERTAIN POSITIONS THAT "MORE LIKELY THAN NOT" WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE ("IRS"). THE MGHPCC ENTITIES PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AND DETERMINED THAT THERE WAS NO UNRELATED BUSINESS INCOME, AND DO NOT HAVE ANY TAX LIABILITY RELATED TO UNCERTAIN TAX POSITIONS FOR FISCAL YEARS 2023 AND 2022. THE MGHPCC ENTITIES FILE TAX RETURNS WITH THE IRS AND OTHER TAX AUTHORITIES. ACCORDINGLY, THESE CONSOLIDATED FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND HAVE NO TAX POSITIONS THAT MUST BE CONSIDERED FOR DISCLOSURE. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2020 REMAIN OPEN. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 1 | RecipientCnt |
| Cash Grant | $5,000 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE SELECTION PROCESS IS HANDLED BY THE GUIDANCE OFFICE OF THE HOLYOKE PUBLIC SCHOOL SYSTEM, WHICH ASSURES CONFIDENTIALITY AND IMPARTIALITY. THE APPLICATION REQUIRES A WRITTEN ESSAY THAT IS EVALUATED BY THE SELECTION COMMITTEE, WHICH IS COMPRISED OF THE SUPERINTENDENT OF HPS, THE MAYOR OF HOLYOKE, AND THE MGHPCC'S EXECUTIVE DIRECTOR. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (18 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROBERT A BROWN | ||||||||||||||
| DIRECTOR AND FORMER CHAIR | $0 | $1,327,157 | $0 | $200,000 | $0 | $548,050 | $0 | $260,556 | $0 | $283,054 | $0 | $2,618,817 | $0 | $212,500 |
| THOMAS NEDELL | ||||||||||||||
| TREASURER | $0 | $759,686 | $0 | $109,420 | $0 | $60,087 | $0 | $155,500 | $0 | $76,500 | $0 | $1,161,193 | $0 | $0 |
| FRANCIS DOYLE | ||||||||||||||
| DIRECTOR | $0 | $483,595 | $0 | $25,000 | $0 | $180,578 | $0 | $38,400 | $0 | $31,206 | $0 | $758,779 | $0 | $0 |
| DAVID LUZZI | ||||||||||||||
| DIRECTOR | $0 | $356,829 | $0 | $75,018 | $0 | $255,163 | $0 | $30,500 | $0 | $30,328 | $0 | $747,838 | $0 | $0 |
| KATHERINE NEWMAN | ||||||||||||||
| DIRECTOR (THROUGH 1/8/23) | $0 | $361,500 | $0 | $54,225 | $0 | $78,823 | $0 | $111,634 | $0 | $12,949 | $0 | $619,131 | $0 | $0 |
| COLE CAMPLESE | ||||||||||||||
| DIRECTOR | $0 | $487,653 | $0 | $36,657 | $0 | $20,474 | $0 | $30,500 | $0 | $30,100 | $0 | $605,384 | $0 | $0 |
| MARIA ZUBER | ||||||||||||||
| DIRECTOR | $0 | $525,932 | $0 | $0 | $0 | $22,250 | $0 | $15,250 | $0 | $22,453 | $0 | $585,885 | $0 | $0 |
| JOHN SHAW | ||||||||||||||
| DIRECTOR | $0 | $449,048 | $0 | $15,000 | $0 | $53,100 | $0 | $38,400 | $0 | $30,269 | $0 | $585,817 | $0 | $0 |
| CHRISTOPHER STUBBS | ||||||||||||||
| FORMER DIRECTOR | $0 | $379,776 | $0 | $10,000 | $0 | $107,103 | $0 | $38,400 | $0 | $28,651 | $0 | $563,930 | $0 | $0 |
| GLORIA WATERS | ||||||||||||||
| DIRECTOR | $0 | $495,100 | $0 | $0 | $0 | $4,146 | $0 | $35,306 | $0 | $423 | $0 | $534,975 | $0 | $0 |
| JAMES KUROSE | ||||||||||||||
| DIRECTOR AND CHAIR | $0 | $376,122 | $0 | $5,366 | $0 | $33,302 | $0 | $73,532 | $0 | $8,641 | $0 | $496,963 | $0 | $0 |
| MICHAEL MALONE | ||||||||||||||
| DIRECTOR | $0 | $382,238 | $0 | $6,456 | $0 | $93 | $0 | $74,727 | $0 | $11,212 | $0 | $474,726 | $0 | $0 |
| MARK SILIS | ||||||||||||||
| DIRECTOR | $0 | $424,186 | $0 | $0 | $0 | $7,427 | $0 | $18,300 | $0 | $10,846 | $0 | $460,759 | $0 | $0 |
| CARL RUST | ||||||||||||||
| DIRECTOR | $0 | $262,400 | $0 | $0 | $0 | $12,166 | $0 | $73,053 | $0 | $578 | $0 | $348,197 | $0 | $0 |
| JOHN GOODHUE | ||||||||||||||
| PRESIDENT & EXECUTIVE DIRECTOR | $0 | $305,264 | $0 | $0 | $0 | $466 | $0 | $15,250 | $0 | $22,189 | $0 | $343,169 | $0 | $0 |
| JAMES CULBERT | ||||||||||||||
| DIRECTOR IT SERVICES | $0 | $237,316 | $0 | $0 | $0 | $0 | $0 | $39,460 | $0 | $30,860 | $0 | $307,636 | $0 | $0 |
| KEVIN HELM | ||||||||||||||
| DIRECTOR FACILITY MANAGEMENT | $0 | $140,552 | $0 | $0 | $0 | $0 | $0 | $14,348 | $0 | $22,220 | $0 | $177,120 | $0 | $0 |
| JULIE MA | ||||||||||||||
| PROGRAM DIRECTOR | $0 | $140,211 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $18,957 | $0 | $159,168 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 3 | THE ORGANIZATION RECEIVED PROPOSALS FROM THREE DIFFERENT SEARCH FIRMS AND AFTER CAREFUL REVIEW ENGAGED KORN FERRY INTERNATIONAL OF BOSTON TO CONDUCT A NATIONAL SEARCH FOR THIS POSITION. INCLUDED IN THEIR SERVICES WAS A SALARY REVIEW AND RECOMMENDATION FOR THIS POSITION. A TEAM INCLUDING REPRESENTATION FROM MIT, HARVARD, BU, UMASS, AND NORTHEASTERN WAS ASKED BY THE ADVISORY BOARD MEMBERS TO BE PART OF THE SEARCH COMMITTEE. THE SEARCH TEAM INCLUDED CIO'S FROM EACH OF THE UNIVERSITIES. THE COMPENSATION RANGE FOR THE POSITION WAS REVIEWED AND APPROVED BY THE HUMAN RESOURCES DEPARTMENTS OF THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY, USING COMPATIBILITY DATA, AND APPROVED AS A BUDGET LINE ITEM BY THE BOARD OF DIRECTORS. ALL COMPENSATION IS PAID BY RELATED ORGANIZATIONS. |
| PART I, LINE 4B | (1) UNDER A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN, ON JULY 31, 2022, PRESIDENT BROWN RECEIVED AN AMOUNT EQUAL TO 40% OF HIS BASE SALARY FOR THE PRECEDING 12-MONTH PERIOD. THIS AMOUNT WAS SUBJECT TO THE PERFORMANCE OF FUTURE SERVICES AND OTHER CONDITIONS AS WELL AS A SUBSTANTIAL RISK OF FORFEITURE UNTIL THAT DATE. UPON VESTING, SUPPLEMENTAL RETIREMENT PLAN COMPENSATION OF $512,550 WAS DISTRIBUTED TO PRESIDENT BROWN IN CALENDAR YEAR 2021 AND IS INCLUDED IN THE AMOUNT REPORTED ON SCHEDULE J, PART II, COLUMN (B)(III) AS OTHER REPORTABLE COMPENSATION. THE PORTION OF THE AMOUNT DISTRIBUTED WHICH WAS PREVIOUSLY REPORTED AS RETIREMENT AND OTHER DEFERRED COMPENSATION ON SCHEDULE J, PART II, COLUMN (C) OF PRIOR FORMS 990 IS $212,500. THIS AMOUNT IS THEREFORE REPORTED ON THIS YEAR'S SCHEDULE J, PART II, COLUMN (F). UNDER THE SAME SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN, ON JULY 31, 2022, PRESIDENT BROWN WAS TO BECOME ENTITLED TO RECEIVE AN AMOUNT EQUAL TO 40% OF HIS BASE SALARY FOR THE PRECEDING 12-MONTH PERIOD ENDING ON JULY 31, 2023. PRESIDENT BROWN'S RIGHT TO SUCH PAYMENT WAS SUBJECT TO THE PERFORMANCE OF FUTURE SERVICES AND OTHER CONDITIONS AS WELL AS A SUBSTANTIAL RISK OF FORFEITURE UNTIL THAT DATE. ACCORDINGLY, SUPPLEMENTAL RETIREMENT PLAN COMPENSATION OF $225,250 WAS ACCRUED FOR PRESIDENT BROWN IN CALENDAR YEAR 2022 AND IS REPORTED ON SCHEDULE J, PART II, COLUMN (C) AS RETIREMENT AND OTHER DEFERRED COMPENSATION. (2) AMOUNTS REPORTED IN SCHEDULE J, PART II, COLUMN (B)(III) AS OTHER REPORTABLE COMPENSATION ALSO INCLUDE CONTRIBUTIONS MADE BY THE UNIVERSITY IN CALENDAR YEAR 2022 TO AN IRC SECTION 457(B) SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN TO PROVIDE FUTURE RETIREMENT BENEFITS TO PRESIDENT BROWN. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE CORPORATION SHALL HAVE FIVE MEMBERS: MASSACHUSETTS INSTITUTE OF TECHNOLOGY; NORTHEASTERN UNIVERSITY; TRUSTEES OF BOSTON UNIVERSITY; PRESIDENT AND FELLOWS OF HARVARD COLLEGE; AND THE UNIVERSITY OF MASSACHUSETTS (TOGETHER, THE "FOUNDING UNIVERSITIES AND EACH A "FOUNDING UNIVERSITY"). |
| FORM 990, PART VI, SECTION A, LINE 7A | ALL POWERS OF THE CORPORATION SHALL BE HELD BY THE BOARD OF DIRECTORS. ANY ACTION OR VOTE REQUIRED OR PERMITTED BY ANY LAW, RULE, OR REGULATION TO BE TAKEN BY MEMBERS SHALL BE TAKEN BY UNANIMOUS VOTE. EACH MEMBER SHALL BE A UNIVERSITY WITH A CAMPUS IN THE COMMONWEALTH OF MASSACHUSETTS AND BE DESCRIBED IN EITHER SECTIONS 501(C)(3) AND 509(A)(1) OR SECTION 170(C)(1) OF THE INTERNAL REVENUE CODE OF 1986, AS THE SAME MAY BE AMENDED FROM TIME TO TIME. THE BOARD SHALL BE COMPRISED OF TWO (2) REPRESENTATIVES FROM EACH OF THE MEMBERS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE DRAFT FORM 990 IS CIRCULATED TO THE AUDIT COMMITTEE PRIOR TO FILING FOR REVIEW AND COMMENT. THE AUDIT COMMITTEE IS COMPRISED OF ONE EMPLOYEE FROM EACH MEMBER INSTITUTION, APPOINTED BY THE EXECUTIVE COMMITTEE OF THE CORPORATION. THE COMPLETE FORM 990 IS THEN PROVIDED TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CLERK OF THE CORPORATION OR THE EXECUTIVE DIRECTOR CIRCULATES THE FULL POLICY TO OFFICERS, DIRECTORS AND KEY EMPLOYEES ANNUALLY. THE POLICY REQUIRES THAT EACH SUCH OFFICER, DIRECTOR OR KEY EMPLOYEE ACKNOWLEDGE RECEIPT. THE CLERK MONITORS THE RETURN OF THE REQUIRED FORMS. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE ORGANIZATION RECEIVED PROPOSALS FROM THREE DIFFERENT SEARCH FIRMS AND AFTER CAREFUL REVIEW ENGAGED KORN FERRY INTERNATIONAL OF BOSTON TO CONDUCT A NATIONAL SEARCH FOR THIS POSITION. INCLUDED IN THEIR SERVICES WAS A SALARY REVIEW AND RECOMMENDATION FOR THIS POSITION. A TEAM INCLUDING REPRESENTATION FROM MIT, HARVARD, BU, UMASS AND NORTHEASTERN WAS ASKED BY THE ADVISORY BOARD MEMBERS TO BE PART OF THE SEARCH COMMITTEE. THE SEARCH TEAM INCLUDED CIO'S FROM EACH OF THE UNIVERSITIES. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION WILL MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST TO THE CLERK OF THE CORPORATION. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| MASSACHUSETTS INSTITUTE OF TECHNOLOGY | ||||||||||
| 77 MASSACHUSETTS AVE NE49-3142 | CAMBRIDGE | MA | 02139 | 042103594 | EDUCATION | MA | 501(C)(3) | LINE 2 | N/A | 0 |
| NORTHEASTERN UNIVERSITY | ||||||||||
| 360 HUNTINGTON AVE | BOSTON | MA | 02115 | 041679980 | EDUCATION | MA | 501(C)(3) | LINE 2 | N/A | 0 |
| UNIVERSITY OF MASSACHUSETTS | ||||||||||
| ONE BEACON STREET | BOSTON | MA | 02108 | 043167352 | EDUCATION | MA | 115 | N/A | 0 | |
| BOSTON UNIVERSITY | ||||||||||
| 881 COMMONWEALTH AVENUE 4TH FLOOR | BOSTON | MA | 02215 | 042103547 | EDUCATION | MA | 501(C)(3) | LINE 2 | N/A | 0 |
| PRESIDENT AND FELLOWS OF HARVARD COLLEGE | ||||||||||
| 1033 MASSACHUSETTS AVE 3RD FL | CAMBRIDGE | MA | 02138 | 042103580 | EDUCATION | MA | 501(C)(3) | LINE 2 | N/A | 0 |
| MGHPCC HOLYOKE INC | ||||||||||
| 100 BIGELOW STREET | HOLYOKE | MA | 01040 | 452257442 | RESEARCH | MA | 501(C)(3) | LINE 12B, II | N/A | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
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