Massachusetts Chemical Technology Alliance Inc
- Assets
- $47.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Upton, MA
- Founding
- 01/1993
- Data as of
- 12/2022
- EIN
- 04-3157284
Organization Overview
Massachusetts Chemical Technology Alliance Inc is located in Upton, MA. The organization was established in 1993. According to its NTEE Classification (U40) the organization is classified as: Engineering & Technology, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Massachusetts Chemical Technology Alliance 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 12/2022, Massachusetts Chemical Technology Alliance Inc generated $143.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $164.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
REPRESENT MEMBER INTERESTS TO GOVERNMENT AGENCIES AND THE PUBLIC TO PRESERVE THE NATURAL ENVIRONMENT AND PROMOTE ECONOMIC DEVELOPMENT.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,320 |
| Total Program Service Revenue | $0 |
| Membership dues | $129,268 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $143,593 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $111,636 |
| Professional fees and other payments to independent contractors | $37,800 |
| Occupancy, rent, utilities, and maintenance | $1,585 |
| Printing, publications, postage, and shipping | $315 |
| Other expenses | $12,720 |
| Total expenses | $164,056 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $47,644 |
| Other assets | $0 |
| Total assets | $47,644 |
| Total liabilities | $0 |
| Net assets or fund balances | $47,644 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
For Inspiration And Recognition Of Science And Technology First Manchester, NH | $64,269,944 | $72,988,833 |
Terc Inc Cambridge, MA | $20,874,819 | $13,653,170 |
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Western New York Technology Development Center Inc Buffalo, NY | $1,286,247 | $2,858,472 |
The Asme Foundation Inc New York, NY | $33,818,246 | $3,028,197 |
Cortico Corporation Boston, MA | $3,352,303 | $987,674 |
Mit Real Estate Foundation Inc Cambridge, MA | $3,185,000 | -$155,000 |
Hudson Valley Technology Development Center Inc Newburgh, NY | $824,479 | $1,255,790 |
International First Committee Association Manchester, NH | $2,287,995 | $919,576 |
Engineering Conferences International Inc New York, NY | $3,118,614 | $313,156 |
Brokaw Family Foundation Merrimack, NH | $4,131,332 | $152,642 |
New Hampshire Tech Alliance Manchester, NH | $288,906 | $429,424 |