Massachusetts Association Of Realtors Inc Charitable Foundation is located in Foxborough, MA. The organization was established in 1992. According to its NTEE Classification (T03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Massachusetts Association Of Realtors Inc Charitable Foundation 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 Association Of Realtors Inc Charitable Foundation generated $69.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $68.6k during the year ending 12/2023. While expenses have increased by 5.5% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE ASSISTANCE TO SHELTERS FOR THE HOMELESS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric C Thomas Trustee | 1 | $0 | |
Melodye Skye Roloff Trustee | 1 | $0 | |
Deborah Frank Trustee | 1 | $0 | |
Jason Gell Trustee | 1 | $0 | |
Nicole Vermillion Trustee | 1 | $0 | |
Christina Silva Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,828 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $673 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $15,206 |
| Other Revenue | $0 |
| Total Revenue | $69,707 |
| 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 | $3,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $154 |
| Other expenses | $3,402 |
| Total expenses | $68,556 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $61,546 |
| Other assets | $0 |
| Total assets | $61,546 |
| Total liabilities | $21,611 |
| Net assets or fund balances | $39,935 |