Massachusetts Military Support Foundation Inc
- Assets
- $507.5k
- Revenue
- $41.4m
- Investments
- $0.0
- Employees
- 43
- Location
- Buzzards Bay, MA
- Founding
- 07/2017
- Data as of
- 12/2021
- EIN
- 82-1605363
Organization Overview
Massachusetts Military Support Foundation Inc, operating under the name Mmsf, is located in Buzzards Bay, MA. The organization was established in 2017. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Mmsf employed 43 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mmsf 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 12/2021, Mmsf generated $41.4m in total revenue. All expenses for the organization totaled $41.4m during the year ending 12/2021. While expenses have increased by 157.2% per year over the past 5 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO FUND PROGRAMS AND ACTIVITIES THAT WILL BENEFIT THE WELFARE OF THE MILITARY COMMUNITY AND THEIR FAMILIES, AND THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER THE 501(C)(3) OF THE INTERNAL REVENUE CODE.
Describe the Organization's Program Activity:
TO FUND PROGRAMS AND ACTIVIITES THAT WILL BENFIOT THE WELFARE OF THE MILITARY COMMUNITY AND THEIR FAMILIES AND THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGNIAZATIONS UNDER THE 501(C)(3) OF THE INTERNAL REVENUE CODE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Cox President & | OfficerTrustee | 20 | $0 |
Donna Baldwin Treasurer | OfficerTrustee | 10 | $0 |
Tony Demambro Vice Preside | OfficerTrustee | 5 | $0 |
Charles Field Jr Director | Trustee | 2 | $0 |
Eric Levitt Director | Trustee | 2 | $0 |
David Sutton Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $41,160,374 |
| Noncash contributions included in lines 1a–1f | $39,953,344 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,160,374 |
| Total Program Service Revenue | $217,147 |
| Investment income | $11 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $41,377,532 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $394,991 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $52,035 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,619 |
| Fees for services: Accounting | $65,842 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $64,837 |
| Office expenses | $64,576 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $78,644 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $8,241 |
| Payments to affiliates | $272,527 |
| Depreciation, depletion, and amortization | $37,765 |
| Insurance | $0 |
| All other expenses | $53,702 |
| Total functional expenses | $41,375,141 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $78,164 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $8,547 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $420,801 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $507,512 |
| Accounts payable and accrued expenses | $11,147 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $40,511 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $279,425 |
| Total liabilities | $331,083 |
| Net assets without donor restrictions | $176,429 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $507,512 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Massachusetts Military Support Foundation Inc has recieved totaling $431,581.
| Awarding Organization | Amount |
|---|---|
Provision Ministry Inc Westborough, MA PURPOSE: EQUIP NONPROFIT ORGANIZATIONS WITH RESOURCES THEY NEED TO MAXIMIZE THEIR IMPACT ON THE PEOPLE THEY SERVE. | $378,643 |
Cape Cod Foundation Inc South Yarmouth, MA PURPOSE: GENERAL SUPPORT | $32,000 |
Eastern Bank Charitable Foundation Lynn, MA PURPOSE: EXEMPT PURPOSE | $10,000 |
The Good Nation Foundation Inc New York, NY PURPOSE: Futhering he mission of the Org | $10,000 |
Marthas Vineyard Bank Charitable Foundation Inc Edgartown, MA PURPOSE: EXEMPT PURPOSE | $500 |
Amica Companies Foundation Lincoln, RI PURPOSE: GENERAL PURPOSE | $438 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Black Veterans For Social Justice Inc Brooklyn, NY | $26,444,662 | $57,468,816 |
Massachusetts Military Support Foundation Inc Buzzards Bay, MA | $507,512 | $41,377,532 |
Soldier On Inc Pittsfield, MA | $26,254,508 | $13,386,266 |
Americas Vetdogs The Veterans K9 Corps Inc Smithtown, NY | $4,103,216 | $9,390,820 |
United Spinal Association Inc Kew Gardens, NY | $8,457,849 | $8,910,555 |
Coast Guard Foundation Inc Stonington, CT | $21,630,462 | $10,406,014 |
Usa Veteran And Military Support Foundation Inc Buzzards Bay, MA | $1,068 | $7,423,561 |
Veterans North East Outreach Center Inc Haverhill, MA | $8,243,940 | $5,723,835 |
Veterans Outreach Center Inc Rochester, NY | $10,292,940 | $5,967,513 |
Army Aviation Association Of America Inc Monroe, CT | $11,637,681 | $3,912,077 |
Common Defense Civic Engagement New York, NY | $599,694 | $2,910,495 |
American Legion Troy, NY | $13,558,229 | $3,222,198 |