Neimsa Inc is located in West Newton, MA. The organization was established in 2010. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, 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. Neimsa 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, Neimsa Inc generated $22.9k 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 (26.9%) each year. All expenses for the organization totaled $50.9k during the year ending 12/2022. 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
IN 2020, WITH ALL THE COVID-19 RESTRICTIONS, WE WEREABLE TO PROVIDE ABOUT 1/3 OF OUR CERTIFICATION CLASSES VIRTUALLY. SEE ATTACHMENT.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
L Mark Boudreau President  | 5 | $0 | |
Jim Watts Secretary-Treasurer  | 5 | $0 | |
Zach Lynch 1st Vice President  | 5 | $0 | |
Peter Depasqua 2nd Vice President  | 5 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 | 
| Total Program Service Revenue | $22,941 | 
| Membership dues | $0 | 
| Investment income | $0 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $22,941 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $0 | 
| Salaries, other compensation, and employee benefits | $6,657 | 
| Professional fees and other payments to independent contractors | $31,129 | 
| Occupancy, rent, utilities, and maintenance | $0 | 
| Printing, publications, postage, and shipping | $312 | 
| Other expenses | $12,819 | 
| Total expenses | $50,917 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $194,552 | 
| Other assets | $0 | 
| Total assets | $194,552 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $194,552 |