South Middlesex Opportunity Council Inc
- Assets
- $64.1m
- Revenue
- $111.5m
- Investments
- $12.4k
- Employees
- 934
- Location
- Framingham, MA
- Founding
- 08/1966
- Data as of
- 06/2021
- EIN
- 04-2389659
Organization Overview
South Middlesex Opportunity Council Inc is located in Framingham, MA. The organization was established in 1966. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2022, South Middlesex Opportunity Council Inc employed 934 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Middlesex Opportunity Council Inc 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 06/2021, South Middlesex Opportunity Council Inc generated $111.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $108.4m during the year ending 06/2021. While expenses have increased by 5.7% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDER OF DAY CARE, FUEL/ENERGY ASSIST, SHELTER, FOOD, & PROFESSIONAL ASSISTANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENERGY AND FINANCIAL ASSISTANCE - PROVIDES FUEL ENERGY AND RENTAL ASSISTANCE TO LOW INCOME PEOPLE IN ORDER TO HELP THEM AFFORD THE RISING COST OF UTILITITES RENT AND OTHER COSTS OF LIVING.
FAMILY SERVICES - HOUSING ASSISTANCE FOR LOW INCOME AND HOMELESS FAMILIES AND INDIVIDUALS.
EDUCATION AND CHILD CARE - ADVOCAY DAYCARE IN A HEALTHY SAFE AND LOVING ENVIRONMENT WHICH IS CONDUCTIVE TO LEARNING AND GROWTH TO CHILDREN WHOSE PARENTS NEED FULL TIME CARE TO PURSUE EMPLOYMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawrence Scult President | OfficerTrustee | 1 | $0 |
Jeffrey Fishman Vice President | OfficerTrustee | 1 | $0 |
Ruth Hibbard Treasurer | OfficerTrustee | 1 | $0 |
Pamula Zicko Director | Trustee | 1 | $0 |
Gary Baker Director | Trustee | 1 | $0 |
Bruce Hulme Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Zvi Construction Llc Construction | 6/29/22 | $4,206,377 |
Bowditch & Dewey Llp Law | 6/29/22 | $507,420 |
Boston Property Care Llc Property Mgnt | 6/29/22 | $435,600 |
Arbor Associates Property Mgnt | 6/29/22 | $325,347 |
Wb Mason Company Inc Office Supplies Store | 6/29/22 | $304,628 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,843,943 |
| Investment income | $200 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$12,390 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $111,514,843 |
| Statement of Expenses | |
|---|---|
| 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. | $1,275,399 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $23,947,335 |
| Pension plan accruals and contributions | $790,976 |
| Other employee benefits | $2,742,511 |
| Payroll taxes | $2,495,170 |
| Fees for services: Management | $4,782,993 |
| Fees for services: Legal | $228,991 |
| Fees for services: Accounting | $138,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,281,037 |
| Advertising and promotion | $14,007 |
| Office expenses | $2,817,256 |
| Information technology | $92,458 |
| Royalties | $0 |
| Occupancy | $8,363,026 |
| Travel | $37,213 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $53,908 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $194,535 |
| Insurance | $383,611 |
| All other expenses | $0 |
| Total functional expenses | $108,366,833 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,197,655 |
| Savings and temporary cash investments | $2,524,040 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,938,482 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $16,700,013 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $57,497 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $12,409 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $26,244,119 |
| Total assets | $64,097,576 |
| Accounts payable and accrued expenses | $3,741,387 |
| Grants payable | $0 |
| Deferred revenue | $7,801,047 |
| 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 | $236,880 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $25,235,810 |
| Total liabilities | $37,015,124 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $27,082,452 |