Northeast Human Resources Association Inc
- Assets
- $795.7k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 5
- Location
- Walpole, MA
- Founding
- 06/1987
- Data as of
- 05/2022
- EIN
- 04-2901371
Organization Overview
Northeast Human Resources Association Inc is located in Walpole, MA. The organization was established in 1987. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 05/2022, Northeast Human Resources Association Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northeast Human Resources Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 05/2022, Northeast Human Resources Association Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $1.3m during the year ending 05/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO LEAD, ADVANCE AND INFLUENCE THE MANAGEMENT OF HUMAN RESOURCES AND ITS IMPACT ON ORGANIZATIONAL SUCCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NORTHEAST HUMAN RESOURCES ASSOCIATION, INC. IS THE LARGEST, MOST INFLUENTIAL HUMAN RESOURCE ("HR") ASSOCIATION IN NEW ENGLAND. WE ARE DEDICATED TO SUPPORTING OUR MEMBERS THROUGH ALL PHASES OF THEIR CAREER. OUR PRIMARY OBJECTIVE IS TO LEAD, ADVANCE AND INFLUENCE THE MANAGEMENT OF HUMAN RESOURCES AND ITS STRATEGIC IMPACT ON ORGANIZATIONAL SUCCESS ACROSS THE REGION; WE DO THIS BY BUILDING STRATEGIC PARTNERSHIPS WITH MULTIPLE ORGANIZATIONS, THROUGH WHICH WE PROVIDE HIGH QUALITY EDUCATIONAL OPPORTUNITIES, TIMELY ACCESS TO TOOLS/RESOURCES AND INCLUSIVE FORUMS WHERE PEOPLE CAN CONNECT AND BUILD RELATIONSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracy Burns CEO | Officer | 40 | $228,830 |
Mike Tufts Treasurer | OfficerTrustee | 0.25 | $0 |
Doreen Nichols Secretary | OfficerTrustee | 0.25 | $0 |
Nancy Persson Vice Chair | OfficerTrustee | 0.25 | $0 |
Carlos S Echalar President | OfficerTrustee | 0.25 | $0 |
Susan Sgroi Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $93,300 |
| All other contributions, gifts, grants, and similar amounts not included above | $16,550 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $109,850 |
| Total Program Service Revenue | $1,370,498 |
| Investment income | $9,640 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $7,920 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,504,395 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $23,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $263,684 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $209,029 |
| Pension plan accruals and contributions | $5,433 |
| Other employee benefits | $39,724 |
| Payroll taxes | $30,930 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,000 |
| Fees for services: Accounting | $85,788 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $25,595 |
| Advertising and promotion | $428 |
| Office expenses | $56,754 |
| Information technology | $15,901 |
| Royalties | $0 |
| Occupancy | $9,514 |
| Travel | $3,468 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,531 |
| Insurance | $5,104 |
| All other expenses | $0 |
| Total functional expenses | $1,261,752 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $308,650 |
| Savings and temporary cash investments | $349,702 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $33,051 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $92,648 |
| Net Land, buildings, and equipment | $3,263 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $2,617 |
| Other assets | $5,741 |
| Total assets | $795,672 |
| Accounts payable and accrued expenses | $61,836 |
| Grants payable | $0 |
| Deferred revenue | $270,730 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $69,764 |
| Other liabilities | $0 |
| Total liabilities | $402,330 |
| Net assets without donor restrictions | $393,342 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $795,672 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Northeast Human Resources Association Inc has recieved totaling $9,000.
| Awarding Organization | Amount |
|---|---|
Mass General Brigham Incorporated Somerville, MA PURPOSE: COMMUNITY BENEFIT PROGRAM | $9,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Telecom Infra Project Inc Wakefield, MA | $19,363,144 | $19,879,167 |
Northeast Gas Association Inc Needham, MA | $15,830,312 | $17,592,560 |
International Trademark Association Inc New York, NY | $31,452,258 | $17,397,846 |
American Association Of Advertising Agencies Inc New York, NY | $18,840,338 | $16,325,912 |
Northeast Power Coordinating Council Inc New York, NY | $13,480,521 | $16,289,125 |
Global Seafood Alliance Inc Portsmouth, NH | $16,114,958 | $17,110,603 |
The Toy Association Inc New York, NY | $44,631,259 | $11,487,921 |
Private Label Manufacturers Association New York, NY | $11,255,640 | $8,374,810 |
Mohawk Valley Health System Utica, NY | $546,149,518 | $137,473,732 |
Acord Corporation Pearl River, NY | $47,591,189 | $27,875,680 |
Loan Syndications And Trading Association Inc New York, NY | $32,443,554 | $12,995,504 |
Chartered Alternative Investment Analyst Association Inc Amherst, MA | $10,766,695 | $9,878,929 |