Canton Association Of Industries Inc
- Assets
- $98.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Canton, MA
- Founding
- 03/1977
- Data as of
- 12/2023
- EIN
- 23-7306949
Organization Overview
Canton Association Of Industries Inc is located in Canton, MA. The organization was established in 1977. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Canton Association Of Industries 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 12/2023, Canton Association Of Industries Inc generated $36.4k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $41.7k during the year ending 12/2023. 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
THE ASSOCIATION PROVIDES A PERIODIC NEWSLETTER TO MEMBERS AND LOCAL TOWN OFFICALS. PROVIDES EDUCATIONAL SEMINARS FOR MEMBERS AND INTERESTED CITIZENS. TO MAINTAIN A GOOD WORKING RELATIONSHIP BETWEEN ITS MEMBERS AND THE CITIZENS OF CANTON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ty Conder President | 5 | $0 | |
Enrique Montemayor Vice-Preside | 5 | $0 | |
Stephen P Costello Treasurer | 5 | $0 | |
Gene Manning Director | 2 | $0 | |
Stephen Cesso Clerk/direct | 2 | $0 | |
William Galvin Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $300 |
| Total Program Service Revenue | $0 |
| Membership dues | $35,000 |
| Investment income | $127 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $994 |
| Other Revenue | $0 |
| Total Revenue | $36,421 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,937 |
| Professional fees and other payments to independent contractors | $3,231 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $17,512 |
| Total expenses | $41,680 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $96,836 |
| Other assets | $0 |
| Total assets | $98,278 |
| Total liabilities | $577 |
| Net assets or fund balances | $97,701 |