2025-10-03T13:48:36-05:00 2024-12-31 333709623 COHNREZNICK ADVISORY LLC 350 GRANITE STREET SUITE 1200 BRAINTREE MA 02184 990 2024-01-01 043271457 THE MASSACHUSETTS INSTITUTE FOR A NEW COMMONWEALTH INC MASS 6177426800 11 BEACON STREET 500 BOSTON MA 02108 JOSEPH KRIESBERG PRESIDENT & CEO 6177426800 2025-10-03 1 0 JOLANTA TUCK P01340068 7813803520 2025-09-30 2024 2025-03-06 01:10:19Z MASSINC JOSEPH KRIESBERG 11 BEACON STREET 500 BOSTON MA 02108 3177880 0 X MASSINC.ORG X 1995 MA MASSINC'S MISSION IS TO MAKE MASSACHUSETTS A PLACE OF CIVIC VITALITY AND INCLUSIVE ECONOMIC OPPORTUNITY BY PROVIDING RESIDENTS WITH THE NONPARTISAN RESEARCH, REPORTING, ANALYSIS, AND CIVIC ENGAGEMENT NECESSARY TO UNDERSTAND POLICY CHOICES, INFORM DECISION MAKING, AND HOLD THE GOVERNMENT ACCOUNTABLE. 25 25 21 400 167000 0 2456422 2614982 412986 106492 121870 241588 178881 214818 3170159 3177880 0 0 0 0 1306604 1704430 0 0 201351 1046380 991593 2352984 2696023 817175 481857 2941807 3260902 1309762 1147000 1632045 2113902 X MASSINC'S MISSION IS TO MAKE MASSACHUSETTS A PLACE OF CIVIC VITALITY AND INCLUSIVE ECONOMIC OPPORTUNITY BY PROVIDING RESIDENTS WITH THE NONPARTISAN RESEARCH, REPORTING, ANALYSIS, AND CIVIC ENGAGEMENT NECESSARY TO UNDERSTAND POLICY CHOICES, INFORM DECISION MAKING, AND HOLD THE GOVERNMENT ACCOUNTABLE. 0 0 1273578 106492 COMMONWEALTH BEACON PROVIDES ITS READERS WITH NON-PARTISAN JOURNALISM COVERING POLITICS, POLICY AND CIVIC LIFE IN MASSACHUSETTS. WE PRODUCE A DAILY NEWSLETTER THAT CONTAINS ORIGINAL REPORTING ON A WIDE RANGE OF ISSUES, INCLUDING HEALTH, HOUSING, TRANSPORTATION, EDUCATION, ENERGY, CRIMINAL JUSTICE, ECONOMIC DEVELOPMENT AND POLITICS. WE ALSO PUBLISH OVER 300 OPINION PIECES PRODUCED BY CIVIC LEADERS IN THE COMMUNITY WHO SHARE THEIR IDEAS WITH THE PUBLIC. COMMONWEALTH BEACON ALSO PRODUCES A WEEKLY PODCAST, CALLED THE CODCAST, THAT FEATURES INTERVIEWS WITH LEADING FIGURES IN GOVERNMENT, BUSINESS AND CIVIC LIFE. IN 2024, WE PUBLISHED OVER 1,000 NEWS STORIES AND 300 OPINION PIECES. 1029545 THE MASSINC POLICY CENTER ADVANCES MASSINC'S MISSION THROUGH RESEARCH, CONVENING AND COLLABORATION. IN 2024, WE PUBLISHED 8 RESEARCH PAPERS ON A RANGE OF TOPICS FROM WORKFORCE DEVELOPMENT TO EDUCATION TO TRANSPORTATION. THESE RESEARCH PAPERS WERE DEVELOPED IN COLLABORATION WITH COMMUNITY LEADERS AND EXPERTS WHO HELP TO SHAPE OUR RESEARCH QUESTIONS AND UNDERSTAND THE DATA AND FINDINGS. WE SHARE OUR RESEARCH THROUGH PUBLIC EVENTS, EMAILS AND MEETINGS WITH INTERESTED PARTIES. THE POLICY CENTER ALSO HOSTS THE GATEWAY CITIES INNOVATION INSTITUTE WHICH WORKS TO UNLOCK THE ECONOMIC POTENTIAL OF SMALL TO MID-SIZE REGIONAL CITIES. THE INSTITUTE LEVERAGES MASSINC'S RESEARCH, POLLING, AND POLICY TEAM TO STRENGTHEN CONNECTIONS AMONG GATEWAY CITY LEADERS AND ADVANCE A SHARED POLICY AGENDA. 2303123 1 1 0 1 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 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 20 0 1 21 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X JOSEPH KRIESBERG 6177426800 11 BEACON STREET SUITE 500 BOSTON MA 02108 JOSEPH KRIESBERG CHIEF EXECUTIVE OFFICER 40.00 X 211560 0 10842 MAEVE DUGGAN CHIEF OPERATING OFFICER 40.00 X 162540 0 21367 BENJAMIN FORMAN RESEARCH DIRECTOR 40.00 X 136162 0 21142 BRUCE MOHL EDITOR 40.00 X 132130 0 20492 MICHAEL JONAS EXECUTIVE EDITOR 40.00 X 117524 0 16427 RYAN GARCIA DIRECTOR OF DEVELOPMENT 40.00 X 111100 0 15154 EILEEN O'CONNOR CHAIR 1.00 X X 0 0 0 JENNIFER NASSOUR VICE CHAIR 1.00 X X 0 0 0 LON POVICH VICE CHAIR 1.00 X X 0 0 0 LISA WONG TREASURER 1.00 X X 0 0 0 MICHAEL HUNTER CLERK 1.00 X X 0 0 0 JOE KENNEDY DIRECTOR 1.00 X 0 0 0 REED PASSAFARO DIRECTOR 1.00 X 0 0 0 MARK ERLICH DIRECTOR 1.00 X 0 0 0 PAMELA FEINGOLD DIRECTOR 1.00 X 0 0 0 LANE GLENN DIRECTOR 1.00 X 0 0 0 THOMAS PAPPAS DIRECTOR 1.00 X 0 0 0 ENEIDA ROMAN DIRECTOR 1.00 X 0 0 0 TRIPP JONES DIRECTOR 1.00 X 0 0 0 THOMAS GREEN DIRECTOR 1.00 X 0 0 0 BETH LINDSTROM DIRECTOR 1.00 X 0 0 0 MARIA FERNANDES-DOMINIQUE DIRECTOR 1.00 X 0 0 0 ELIZABETH MAHONEY DIRECTOR 1.00 X 0 0 0 GRACE LEE DIRECTOR 1.00 X 0 0 0 ROSALIN ACOSTA DIRECTOR 1.00 X 0 0 0 KEITH FAIREY DIRECTOR 1.00 X 0 0 0 KATHERINE ADAM DIRECTOR 1.00 X 0 0 0 CHRISSY LYNCH DIRECTOR 1.00 X 0 0 0 LIZZY GUYTON DIRECTOR 1.00 X 0 0 0 MICHAEL GOODWINE DIRECTOR 1.00 X 0 0 0 MICHAEL HEFFERNAN DIRECTOR 1.00 X 0 0 0 871016 0 105424 6 0 1 0 ANDRE LEROUX 11 BEACON ST STE 500 BOSTON MA 02108 CONSULTING SERVICES 128000 1 2614982 2614982 SERVICE INCOME 900099 106492 106492 106492 241588 241588 47818 0 47818 47818 47818 ADVERTISING INCOME 541800 167000 167000 167000 3177880 106492 167000 289406 X 406310 337237 32505 36568 1047701 869592 83816 94293 36715 30474 2937 3304 98678 81903 7894 8881 115026 95472 9202 10352 108294 89884 8664 9746 420719 416985 1757 1977 4086 3571 515 125223 105007 9545 10671 224811 186593 17985 20233 9200 7636 736 828 17303 14362 1384 1557 14076 11683 1126 1267 EVENT EXPENSES 59858 52724 5460 1674 ACCRETION OF DISCOUNT O 8023 8023 2696023 2303123 191549 201351 1564385 1343912 50786 50791 268801 859700 37332 218876 22828 9641 129031 105899 36713 23132 183460 111690 777502 643160 2941807 3260902 66064 93879 76167 85222 183807 191830 983724 776069 1309762 1147000 X -52058 343267 1684103 1770635 1632045 2113902 2941807 3260902 481857 0 X 0 1 X 1 0 X 2158413 4223816 2134231 2456422 2614982 13587864 2158413 4223816 2134231 2456422 2614982 13587864 4258718 9329146 9197 9197 128581 145850 289406 582231 241442 99701 103682 72349 517174 14687269 540994 0.63520 0.59620 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MANAGEMENT FEE INCOME - 2020 AMOUNT: $ 10,650. 2021 AMOUNT: $ 12,648. 2022 AMOUNT: $ 103,682. INVESTMENT INCOME - MP - 2020 AMOUNT: $ 230,792. 2021 AMOUNT: $ 87,053. DISCOUNT ON NOTE PAYABLE - 2023 AMOUNT: $ 72,211. OTHER INCOME - 2023 AMOUNT: $ 138. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 6218 0 0 6218 0 PART II-B, LINE 1: MASSINC.'S LOBBYING EFFORTS FOCUS MAINLY ON HOUSING, PROCUREMENT, TRANSIT ORIENTED DEVELOPMENT WORK AND EARLY COLLEGE EDUCATION. 44272 29042 15230 84759 76857 7902 23132 DUE TO RELATED PARTY 79000 CAPITAL LEASE LIABILITY 697069 776069 X 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 MASSINC'S EXEMPT FUNCTION. MASSINC MAY BE SUBJECT TO FEDERAL AND STATE INCOME TAXES FOR PROFITS GENERATED FROM TRADE OR BUSINESS ACTIVITIES UNRELATED TO ITS EXEMPT FUNCTION. AS OF DECEMBER 31, 2024, MANAGEMENT BELIEVES THAT MASSINC IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX DUE TO COSTS THAT EXCEED RELATED REVENUES. 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 STATEMENT OF ACTIVITIES. THE ORGANIZATION HAS NOT RECOGNIZED ANY LIABILITIES FOR UNCERTAIN TAX POSITIONS OR UNRECOGNIZED BENEFITS AS OF DECEMBER 31, 2024. THE ORGANIZATION DOES NOT EXPECT ANY MATERIAL CHANGE IN UNCERTAIN TAX BENEFITS WITHIN THE NEXT 12 MONTHS. GENERALLY, THE ORGANIZATION'S INFORMATION/TAX RETURNS REMAIN OPEN FOR POSSIBLE FEDERAL INCOME TAX EXAMINATION FOR THREE YEARS AFTER THE FILING DATE. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2021 REMAIN OPEN. X X 0 0 0 0 0 0 0 0 0 JOSEPH KRIESBERG CHIEF EXECUTIVE OFFICER 211560 0 0 0 0 0 9513 0 1329 0 222402 0 0 0 MAEVE DUGGAN CHIEF OPERATING OFFICER 162540 0 0 0 0 0 9752 0 11615 0 183907 0 0 0 BENJAMIN FORMAN RESEARCH DIRECTOR 136162 0 0 0 0 0 9288 0 11854 0 157304 0 0 0 BRUCE MOHL EDITOR 132130 0 0 0 0 0 7759 0 12733 0 152622 0 0 0 GREGORY TORRES FORMER BOARD CHAIR SUPPORT FOR CHARITABLE PURPOSES X 250000 191830 0 1 1 191830 FORM 990, PART I, ITEM C DBA: MASSINC. 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 CEO 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 OTHER FEES: PROGRAM SERVICE EXPENSES 416,985. MANAGEMENT AND GENERAL EXPENSES 1,757. FUNDRAISING EXPENSES 1,977. TOTAL EXPENSES 420,719. MASSINC POLLING GROUP INC 18 TREMONT STREET BOSTON MA 02108 273708972 CONDUCTS POLLING, MARKET RESEARCH MA MASSINC C 1098211 561924 0.80000 1 0 0 0 0 1 1 0 0 0 0 0 1 1 0 0 0 0 0 0 MASSINC POLLING GROUP INC E 79000 FMV OF SERVICES PERFORMED MASSINC POLLING GROUP INC F 180000 FMV