Massachusetts Specialty Food Association Inc is located in Groton, MA. The organization was established in 1989. According to its NTEE Classification (K30) the organization is classified as: Food Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Massachusetts Specialty Food Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Massachusetts Specialty Food Association Inc generated $5.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.2%) each year. All expenses for the organization totaled $6.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (8.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Berk Vice President | 1 | $0 | |
Tarun Bhalla Board Member | 0 | $0 | |
Constance Wark Board Member | 0 | $0 | |
Carol Coutrier President | 20 | $0 | |
Carol Coutrier Treasurer | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,190 |
| Membership dues | $4,661 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $5,851 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,460 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $62 |
| Other expenses | $2,823 |
| Total expenses | $6,345 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,375 |
| Other assets | $0 |
| Total assets | $5,375 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,375 |