Massachusetts Dental Society
- Assets
- $16.3m
- Revenue
- $10.0m
- Investments
- $367.7k
- Employees
- 49
- Location
- Southborough, MA
- Founding
- 10/1947
- Data as of
- 06/2023
- EIN
- 04-1590155
Organization Overview
Massachusetts Dental Society is located in Southborough, MA. The organization was established in 1947. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. As of 06/2023, Massachusetts Dental Society employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Massachusetts Dental Society 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 06/2023, Massachusetts Dental Society generated $10.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $9.3m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
EMPOWERING DENTAL HEALTH PROFESSIONALS THROUGHOUT THEIR CAREERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMPOWERING DENTAL HEALTH PROFESSIONALS THROUGHOUT THEIR CAREERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Monteiro Executive Director | Officer | 35 | $292,201 |
Shannon Mccarthy Managing Director Of Sales | 35 | $122,033 | |
Ellen Factor Managing Director Of Practice And Membership | 35 | $128,059 | |
Susan Griffin Managing Director Of Accounting And Finance | 35 | $125,335 | |
Dorothy Powers Director Of Continuing Education And Programming | 35 | $103,447 | |
Dr Meredith A Bailey President | OfficerTrustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Levy Restaurants Food Services | 6/29/22 | $233,909 |
Boston Convention And Exhibition Center Conference / Event | 6/29/22 | $186,219 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $8,311,530 |
| Investment income | $185,670 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $421,079 |
| Net Rental Income | $724,202 |
| Net Gain/Loss on Asset Sales | $71,695 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,981,082 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $53,700 |
| 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. | $352,242 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,407,545 |
| Pension plan accruals and contributions | $89,522 |
| Other employee benefits | $295,591 |
| Payroll taxes | $218,459 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $169,502 |
| Fees for services: Accounting | $56,633 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $215,270 |
| Information technology | $212,892 |
| Royalties | $0 |
| Occupancy | $791,949 |
| Travel | $11,377 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,850,114 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $137,401 |
| Insurance | $31,467 |
| All other expenses | $315 |
| Total functional expenses | $9,341,531 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,797,187 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,664,306 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $447,068 |
| Net Land, buildings, and equipment | $4,401,640 |
| Investments—publicly traded securities | $5,577,064 |
| Investments—other securities | $367,653 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $16,254,918 |
| Accounts payable and accrued expenses | $1,945,559 |
| Grants payable | $0 |
| Deferred revenue | $2,943,666 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $365,969 |
| Total liabilities | $5,255,194 |
| Net assets without donor restrictions | $10,999,724 |
| 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 | $16,254,918 |