2016-11-15T13:32:43-06:00 2015-12-31 043077056 MOODY FAMIGLIETTI & ANDRONICO LLP 1 HIGHWOOD DRIVE TEWKSBURY MA 01876 990 2015-01-01 043271457 THE MASSACHUSETTS INSTITUTE FOR A NEW COMMONWEALTH INC D/B/A MASSINC MASS 6177426800 11 BEACON STREET NO 500 BOSTON MA 02108 GREG TORRES PRESIDENT 6172241703 2016-11-15 1 JOYCE RIPIANZI CPA P00548581 9785575300 2015 2017-02-10 21:41:12Z GREG TORRES 11 BEACON STREET NO 500 BOSTON MA 02108 1573248 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 25 25 16 10 104086 -69113 1384109 1447630 183720 104086 0 0 20095 16966 1587924 1568682 0 0 0 0 1009959 936455 0 0 184514 792933 646951 1802892 1583406 -214968 -14724 468399 453868 153076 153269 315323 300599 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 812111 103155 MAGAZINE - TO ASSIST IN THE IMPROVEMENT OF SOCIAL AND ECONOMIC CONDITIONS IN MASSACHUSETTS, PRINCIPALLY BY DISTRIBUTING EDUCATIONAL MATERIALS AND PRESENTING EDUCATION FORUMS DESIGNED TO ADVICE KNOWLEDGE OF PUBLIC EVENTS & POLICIES. 352218 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. 93214 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. 1257543 1 1 0 0 0 0 0 0 0 0 1 1 0 1 0 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 26 0 1 16 1 1 1 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 THE ORGANIZATION 6177426800 11 BEACON STREET SUITE 500 BOSTON MA 02108 ANN-ELLEN HORNIDGE DIRECTOR 1.00 X 0 0 0 DAVID BEGELFER DIRECTOR 1.00 X 0 0 0 ANDREW J CALAMARE DIRECTOR 1.00 X 0 0 0 NEIL CHAYET 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 PAMELA FEINGOLD DIRECTOR 1.00 X 0 0 0 ROBERT B FRASER DIRECTOR 1.00 X 0 0 0 NICK FYNTRILAKIS DIRECTOR 1.00 X 0 0 0 STEPHANIE GARRETT DIRECTOR 1.00 X 0 0 0 TOM GREEN DIRECTOR 1.00 X 0 0 0 HAROLD HESTNES 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 TRAVIS MCCREADY 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 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 ERIC TURNER DIRECTOR 1.00 X 0 0 0 GREGORY TORRES PRESIDENT / CEO 40.00 X 0 0 0 LAUREN LOUISON TREASURER / COO 40.00 X 159731 0 14979 BRUCE MOHL EDITOR & CLERK 40.00 X 114552 0 12694 274283 0 27673 2 0 1 0 0 1447630 1447630 ADVERTISING 511120 104086 104086 104086 7624 4566 3058 3058 3058 MANAGEMENT FEES 900099 9230 9230 INVESTMENT INCOME - MP 900003 4678 4678 13908 1568682 0 104086 16966 312408 190111 52413 69884 527411 457808 32433 37170 35929 32421 1867 1641 60707 47158 5993 7556 14999 11540 1610 1849 129301 101880 11529 15892 119 92 12 15 59310 46073 5855 7382 5562 4321 549 692 128871 103656 8606 16609 7338 5701 724 913 47420 36837 4681 5902 23285 18089 2298 2898 8060 6261 796 1003 RESEARCH 101300 101300 PRINTING AND PUBLICATIO 65969 51246 6512 8211 POSTAGE 31601 24548 3120 3933 TELEPHONE 23816 18501 2351 2964 1583406 1257543 141349 184514 239123 77056 50000 50000 25000 225000 12775 16515 55029 38414 24734 16615 91721 32159 25046 36523 468399 453868 126076 134269 27000 19000 153076 153269 X -1075193 -1007263 1390516 1307862 315323 300599 468399 453868 -14724 0 X X 0 1 X 1 0 X 2243833 1500840 1978934 1384304 1447630 8555541 14400 13631 5797 7040 16854 57722 2258233 1514471 1984731 1391344 1464484 8613263 809500 358750 539750 382500 524200 2614700 0 809500 358750 539750 382500 524200 2614700 5998563 31146 54367 17502 4678 107693 31146 54367 17502 4678 107693 2258233 1545617 2039098 1408846 1469162 8720956 0.68780 0.63680 0.01230 0.01130 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 55029 38414 16615 16615 32159 C 32159 WEBSITE DESIGN COSTS, NET OF ACCUMULATED AMORTIZATION 36523 36523 X 1957995 410845 410845 1547150 21532 21532 1568682 1964850 485444 485444 1479406 104000 104000 1583406 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 THE ITS EXEMPT FUNCTION. AS OF DECEMBER 31, 2015 AND 2014, MANAGEMENT BELIEVES THAT MASSINC HAS NOT GENERATED ANY PROFITS RELATIVE TO UNRELATED INCOME, FOR WHICH IT IS LIABLE FOR INCOME TAXES. 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 406,279. RENTAL EXPENSE FROM FORM 990, PART VIII, LINE 6B 4,566. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL INCOME FROM CONSOLIDATED AFFILIATE 7,624. INCOME FROM INVESTMENT IN SUBSIDIARY 4,678. REVENUE FROM TRANSACTIONS WITH AFFILIATE 9,230. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE FROM FORM 990, PART VIII, LINE 6B 4,566. EXPENSES OF CONSOLIDATED SUBSIDIARY 480,878. PART XII, LINE 4B - OTHER ADJUSTMENTS: EXPENSES FROM TRANSACTION WITH SUBSIDIARY 104,000. X X 0 0 0 0 0 0 0 0 0 LAUREN LOUISON TREASURER / COO 159731 0 0 0 0 0 9185 0 5794 0 174710 0 0 0 MASSINC POLLING GROUP INC (MPG) THE ORGANIZATION OWNS 80% OF MPG AND HAS COMMON OFFICERS 104000 THE ORGANIZATION PURCHASED SERVICES IN THE AMOUNT OF $104,000 FROM MPG DURING THE YEAR ENDED DECEMBER 31, 2015. 1 FORM 990, PART VI, SECTION B, LINE 11 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 99, PART XII, LINE 2C. THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBLITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. MASSINC POLLING GROUP INC 18 TREMONT STREET BOSTON MA 02108 273708972 CONDUCTS POLLING, MARKET RESEARCH MA C 4648 32159 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 7624 FMV OF RENT MASSINC POLLING GROUP INC M 104000 FMV OF SERVICES PERFORMED MASSINC POLLING GROUP INC L 9230 FMV OF SERVICES PERFORMED