Public Charity

ASSOCIATED INDUSTRIES OF MASSACHUSETTS FOUNDATION INC

ASSOCIATED INDUSTRIES OF MASSACHUSETTS FOUNDATION INC is a Public Charity headquartered in BOSTON, MA. Financial data from the 2024 filing: $206K expenses, $11K total assets.

EIN: 223127535 BOSTON, MA General Science NTEE: U20 Latest filing: 2024
Total Expenses$206K
Total Assets$11K
Grant Records0
Filing Years2019–2024

Mission

THE AIM FOUNDATION PROVIDES UNBIASED RESEARCH AND EDUCATION ON ISSUES OF PUBLIC INTEREST WITH THE OBJECTIVE OF CREATING AN ECONOMY THAT BUILDS OPPORTUNITY FOR ALL THE CITIZENS OF MASSACHUSETTS. (SEE SCHEDULE O).THE FOUNDATION EMPHASIZES ISSUES THAT AFFECT BUSINESS GROWTH AND COMPETITIVENESS, ECONOMIC INCLUSION OF HISTORICALLY UNDERREPRESENTED GROUPS, AND THE AVAILABILITY OF TRAINING AND EDUCATION NEEDED TO KEEP MASSACHUSETTS AS A GLOBAL CENTER OF INNOVATION AND COMMERCE.

Where $100 goes at Associated Industries of Massachusetts Foundation Inc

How Associated Industries of Massachusetts Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$72 Programs the work itself
$28 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $72 for programs

$72
The foundation performs research, education and production of in-depth non-partisan analysis related to issues of public policy in massachusetts
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

PRESIDENT Brooke M Thomson
DIRECTOR Christopher Kealey
CLERK/SECRETARY Robert R Ruddock Esq
TREASURER Saralee G Sesnovich

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 — $206K $11K
2023 $120K $129K $220K
2022 $370K $52K $253K
2020 $120K $26K $3K
2019 $148K $64K $5K

Between 2019 and 2023, reported annual revenue declined from $148K to $120K (-19%), with total assets most recently reported at $11K.

Interactive year-over-year charts and full filing details available with membership.

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