2019-11-13T08:27:28-06:00 2018-12-31 043077056 MOODY FAMIGLIETTI & ANDRONICO LLP 1 HIGHWOOD DRIVE TEWKSBURY MA 01876 990 2018-01-01 043271457 THE MASSACHUSETTS INSTITUTE FOR A NEW COMMONWEALTH INC D/B/A MASSINC MASS 6177426800 11 BEACON STREET NO 500 BOSTON MA 02108 LAUREN LOUISON PRESIDENT 6172241703 2019-11-12 1 MATTHEW KALIL CPA MBA P01517069 9785575300 2019-11-12 64.27.39.203 2019-11-12 09:56:49 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 358E5341FEBF546813FE59E7955BD74014F44E8D 2018 2020-01-14 16:20:31Z LAUREN LOUISON 11 BEACON STREET NO 500 BOSTON MA 02108 2599585 0 X MASSINC.ORG X 1995 MA TO PROMOTE THE GROWTH AND VITALITY OF THE MIDDLE CLASS AND TO HELP ALL CITIZENS ACHIEVE THE AMERICAN DREAM 29 28 18 10 114981 -53994 698292 2306019 110185 114981 0 0 22791 173870 831268 2594870 0 0 0 0 963860 1102429 0 0 196800 1055133 812398 2018993 1914827 -1187725 680043 140609 749292 269103 197743 -128494 551549 X MASS INC IS MOTIVATED BY A VISION OF A RENEWED COMMONWEALTH WHERE EVERY FAMILY CAN PURSUE THE AMERICAN DREAM. OUR MISSION IS TO DEVELOP A PUBLIC AGENDA FOR MASSACHUSETTS THAT PROMOTES THE GROWTH AND VITALITY OF THE MIDDLE CLASS. WE SEE THE MIDDLE CLASS AS THE BELLWETHER OF OUR STATE'S SOCIAL AND ECONOMIC PROSPERITY. OUR GOAL IS TO MAKE MASSACHUSETTS A PLACE OF ECONOMIC OPPORTUNITY AND CIVIC VITALITY FOR ALL ITS CITIZENS. 0 0 955369 114981 MAGAZINE - A NONPROFIT DIGITAL PUBLICATION COVERING POLITICS, POLICY, IDEAS, AND CIVIC LIFE, WITH AN EMPHASIS ON INVESTIGATIVE REPORTING, IN-DEPTH ANALYSIS, AND POLITICAL MAPPING. 441069 POLICY - TO INSTRUCT AND EDUCATE THE PUBLIC WITH RESPECT TO EVENTS AND POLICIES OF CONCERN TO MASSACHUSETTS RESIDENTS, PRINCIPALLY BY CONDUCTING, SPONSORING, AND DISTRIBUTING NONPARTISAN ANALYSIS, STUDY AND RESEARCH, AND BY PRESENTING SIMILAR PROGRAMS. 138399 OUTREACH - TO EDUCATE THE PUBLIC ON THE ACTIVITIES OF THE ORGANIZATION, INCLUDING PUBLIC SYMPOSIUM, REPORTS, A MAGAZINE, AND A WEBSITE, AND TO INCREASE PARTICIPATION IN THE PROGRAMS OF THE ORGANIZATION. 1534837 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 1 13 0 1 18 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 29 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X THE ORGANIZATION 6177426800 11 BEACON STREET SUITE 500 BOSTON MA 02108 DAVID BEGELFER DIRECTOR 1.00 X 0 0 0 ANDREW J CALAMARE DIRECTOR 1.00 X 0 0 0 PHILIP CONDON DIRECTOR 1.00 X 0 0 0 SEAN CURRAN DIRECTOR 1.00 X 0 0 0 GERI DENTERLEIN DIRECTOR 1.00 X 0 0 0 MARK ERLICH DIRECTOR 1.00 X 0 0 0 MONICA ESCOBAR LOWELL DIRECTOR 1.00 X 0 0 0 PAMELA FEINGOLD DIRECTOR 1.00 X 0 0 0 NICK FYNTRILAKIS DIRECTOR 1.00 X 0 0 0 STEPHANIE ANDERSON GARRETT DIRECTOR 1.00 X 0 0 0 LANE GLENN DIRECTOR 1.00 X 0 0 0 THOMAS GREEN DIRECTOR 1.00 X 0 0 0 MICHAEL HUNTER DIRECTOR 1.00 X 0 0 0 TRIPP JONES DIRECTOR 1.00 X 0 0 0 JULIETTE KAYYEM DIRECTOR 1.00 X 0 0 0 BETH LINDSTROM DIRECTOR 1.00 X 0 0 0 WILLIAM P MCDERMOTT DIRECTOR 1.00 X 0 0 0 JENNIFER NASSOUR DIRECTOR 1.00 X 0 0 0 EILEEN O'CONNOR DIRECTOR 1.00 X 0 0 0 THOMAS PAPPAS DIRECTOR 1.00 X 0 0 0 DEAN RICHLIN DIRECTOR 1.00 X 0 0 0 KENNETH W ROBINSON DIRECTOR 1.00 X 0 0 0 MARK E ROBINSON DIRECTOR 1.00 X 0 0 0 PAUL SCANLON DIRECTOR 1.00 X 0 0 0 RICHARD TISEI DIRECTOR 1.00 X 0 0 0 ERIC TURNER DIRECTOR 1.00 X 0 0 0 LISA WONG DIRECTOR 40.00 X 0 0 0 GREGORY TORRES CHAIR (PRESIDENT UNTIL 9/18) 1.00 X X 0 0 0 ANN-ELLEN HORNIDGE DIRECTOR (CHAIR UNTIL 9/18) 40.00 X X 0 0 0 LAUREN LOUISON PRESIDENT (SINCE 9/18)/TREASURER 40.00 X 176814 0 26386 BRUCE MOHL EDITOR & CLERK 40.00 X 120633 0 15977 297447 0 42363 2 0 1 0 0 2306019 2306019 ADVERTISING 511120 114981 114981 114981 8610 4715 3895 3895 3895 INVESTMENT INCOME - MP 900003 158437 158437 MANAGEMENT FEES 900099 11538 11538 169975 2594870 169975 114981 3895 X 355024 232504 61260 61260 610211 500090 52554 57567 68844 58550 4845 5449 68350 52293 7843 8214 43625 33376 5006 5243 117574 89953 13491 14130 469 359 54 56 82024 62753 9413 9858 129850 102952 10726 16172 6098 4665 700 733 44547 34081 5112 5354 14662 11217 1683 1762 11372 8700 1305 1367 RESEARCH 282000 282000 PRINTING AND PUBLICATIO 46259 35392 5308 5559 POSTAGE 21237 16247 2438 2552 TELEPHONE 12681 9705 1452 1524 1914827 1534837 183190 196800 31997 179955 50000 50000 469612 10780 16449 53198 53198 2261 0 19240 19346 26331 13930 140609 749292 169191 90180 26000 0 73912 107563 269103 197743 X -1121449 -350788 992955 902337 -128494 551549 140609 749292 680043 0 X X 0 1 X 1 0 X 1384304 1447630 2494832 698292 2306019 8331077 7040 16854 13978 15011 20148 73031 1391344 1464484 2508810 713303 2326167 8404108 380000 518200 585500 486500 449700 2419900 0 380000 518200 585500 486500 449700 2419900 5984208 17502 4678 103770 12439 158437 296826 17502 4678 103770 12439 158437 296826 1408846 1469162 2612580 725742 2484604 8700934 0.68780 0.67810 0.03410 0.02330 X 53198 53198 0 0 DUE TO RELATED PARTY 76764 DEFERRED RENT 30799 107563 X 3257284 840999 840999 2416285 178585 178585 2594870 2466630 833803 833803 1632827 282000 282000 1914827 PART X, LINE 2: MASSINC IS A NONPROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON TRADE OR BUSINESS PROFITS GENERATED BY ACTIVITIES RELATED TO THE MASSINC'S EXEMPT FUNCTION. MASSINC MAY BE SUBJECT TO FEDERAL AND STATE INCOME TAXES FOR PROFITS GENERATED FROM TRADE OR BUSINESS ACTIVITIES UNRELATED TO THE ITS EXEMPT FUNCTION. AS OF DECEMBER 31, 2018, MANAGEMENT BELIEVES THAT MASSINC HAS NOT GENERATED ANY UNRELATED BUSINESS TAXABLE INCOME. THE ORGANIZATION ASSESSES THE RECORDING OF UNCERTAIN TAX POSITIONS BY EVALUATING THE MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT REQUIREMENTS A TAX POSITION MUST MEET BEFORE BEING RECOGNIZED AS A BENEFIT IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ACCRUED ON ANY UNCERTAIN TAX POSITIONS AS A COMPONENT OF INCOME TAX EXPENSE, IF ANY, IN ITS CONSOLIDATED STATEMENTS OF ACTIVITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE OF AFFILIATE 836,284. RENTAL EXPENSE FROM FORM 990, PART VIII, LINE 6B 4,715. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL INCOME FROM CONSOLIDATED AFFILIATE 8,610. INCOME FROM INVESTMENT IN SUBSIDIARY 158,437. REVENUE FROM TRANSACTIONS WITH AFFILIATE 11,538. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE FROM FORM 990, PART VIII, LINE 6B 4,715. EXPENSES OF CONSOLIDATED SUBSIDIARY 829,088. PART XII, LINE 4B - OTHER ADJUSTMENTS: EXPENSES FROM TRANSACTION WITH SUBSIDIARY 282,000. X X 0 0 0 0 0 0 0 0 0 LAUREN LOUISON PRESIDENT (SINCE 9/18)/TREASURER 176814 0 0 0 0 0 18500 0 7886 0 203200 0 0 0 MASSINC POLLING GROUP INC (MPG) THE ORGANIZATION OWNS 80% OF MPG AND HAS COMMON OFFICERS 282000 THE ORGANIZATION PURCHASED SERVICES IN THE AMOUNT OF $282,000 FROM MPG DURING THE YEAR ENDED DECEMBER 31, 2018. 1 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE 990 IS E-MAILED TO BOARD MEMBERS FOR REVIEW AND COMMENTS ARE SENT TO THE DIRECTOR OF FINANCE AND OPERATIONS BEFORE FILING THE 990. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS SENT TO DIRECTORS, OFFICERS AND MANAGEMENT AND REVIEWED PRIOR TO THE FINAL BOARD MEETING EACH YEAR. AT THIS TIME THESE INDIVIDUALS HAVE THE OPPORTUNITY TO UPDATE THE CONFLICT OF INTEREST POLICY AS NECESSARY. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD, IN APPROVING THE ANNUAL BUDGET OF THE ORGANIZATION, APPROVES THE SALARY FOR THE PRESIDENT AND OTHER OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G FREELANCE: PROGRAM SERVICE EXPENSES 24,052. MANAGEMENT AND GENERAL EXPENSES 3,607. FUNDRAISING EXPENSES 3,778. TOTAL EXPENSES 31,437. GRAPHIC DESIGN: PROGRAM SERVICE EXPENSES 14,832. MANAGEMENT AND GENERAL EXPENSES 2,224. FUNDRAISING EXPENSES 2,330. TOTAL EXPENSES 19,386. PHOTOGRAPHY: PROGRAM SERVICE EXPENSES 6,941. MANAGEMENT AND GENERAL EXPENSES 1,041. FUNDRAISING EXPENSES 1,090. TOTAL EXPENSES 9,072. OTHER CONSULTING: PROGRAM SERVICE EXPENSES 44,128. MANAGEMENT AND GENERAL EXPENSES 6,619. FUNDRAISING EXPENSES 6,932. TOTAL EXPENSES 57,679. FORM 99, PART XII, LINE 2C. THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT FOR THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED DURING THE YEAR. MASSINC POLLING GROUP INC 18 TREMONT STREET BOSTON MA 02108 273708972 CONDUCTS POLLING, MARKET RESEARCH MA C 158437 19346 0.80000 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 MASSINC POLLING GROUP INC N 8610 FMV OF RENT MASSINC POLLING GROUP INC M 282000 FMV OF SERVICES PERFORMED MASSINC POLLING GROUP INC L 11538 FMV OF SERVICES PERFORMED