The Longwood Collective Inc

Organization Overview

The Longwood Collective Inc is located in Boston, MA. The organization was established in 1993. 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 06/2022, Longwood Collective Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Longwood Collective 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 06/2022, Longwood Collective Inc generated $36.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $29.8m during the year ending 06/2022. While expenses have increased by 3.0% 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE CORPORATION'S EXEMPT PURPOSES INCLUDE ALL OF THE FOLLOWING: SEE SCHEDULE O.

Describe the Organization's Program Activity:

PARKING AND TRANSPORTATION - LONGWOOD COLLECTIVE PROVIDED MANAGEMENT OF PARKING AND TRANSPORTATION SERVICES WITHIN THE LONGWOOD MEDICAL AREA (LMA) IN FURTHERANCE OF ITS MISSION TO COOPERATE WITH THE CITY OF BOSTON AND STATE OF MASSACHUSETTS REGARDING CITY AND STATE RESPONSIBILITIES CONCERNING ACCESS, SAFETY AND CONVENIENCE IN THE LMA.


LESSENED THE BURDENS OF GOVERNMENT WITH REGARD TO THE PLANNING, DEVELOPMENT AND ENHANCEMENT IN THE AREA BY PROVIDING SERVICES RELATED TO PUBLIC SAFETY, ACCESS, TRAFFIC CONTROL AND PARKING. PROVIDED OVERALL PLANNING AND COORDINATING FOR OUR MEMBERS WITH RESPECT TO VARIOUS AREAS OF COMMON INTEREST AND MAINTAINED A SETTING IN WHICH THESE ORGANIZATIONS CAN ACHIEVE THEIR OBJECTIVES.SEE SCHEDULE O FOR PROGRAM ACCOMPLISHMENTS.


LONGWOOD COLLECTIVE OPERATED AN OFFICE BUILDING AND ATTACHED PARKING GARAGE WITHIN THE LONGWOOD MEDICAL AREA, IN FURTHERANCE OF THE ORGANIZATION'S TAX EXEMPT PURPOSES.


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)Compensation
David Sweeney
President & CEO
$410,870
Peter Healy
Trustee
$0
Dick Argys
Trustee
$0
Shelly Anderson
Trustee
$0
Lawrence S Bailen MD
Trustee
$0
Patrick Brophy
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Wilmer Cutler Pickering Hale And Dorr Ll
Legal
$326,319
Goulston & Storrs
Legal
$215,200
Leggat Mccall Properties Llc
Consultant
$149,280
View All Vendors

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$31,828,962
Investment income $2,061,600
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $436,179
Net Gain/Loss on Asset Sales $2,280,311
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $36,892,315

Grants Awarded

Over the last fiscal year, The Longwood Collective Inc has awarded $30,000 in support to 2 organizations.

Grant RecipientAmount

FENWAY CDC

PURPOSE: AFFORDABLE HOUSING INITIATIVE

$25,000

ABCD PARKER HILL FOOD BANK

PURPOSE: YOUTH SUMMER EMPLOYMENT

$5,000
View Grant Profile

Peer Organizations

Organization NameAssets
The Longwood Collective Inc
Boston, MA
$36,892,315
Boston Childrens Network Specialty Physicians Inc
Boston, MA
$20,205,420
Massachusetts Nurses Association
Canton, MA
$20,985,793
Massachusetts Health & Hospital Assoc Inc
Burlington, MA
$13,723,599
Connecticut Hospital Association Inc & Affiliates
Wallingford, CT
$11,755,353
Massachusetts Dental Society
Southborough, MA
$9,981,082
Coastal Medical Associates Inc
South Weymouth, MA
$8,906,259
Medical Society Of The State Of New York
Westbury, NY
$6,664,655
National Association Of Pediatrics Nurse Practitioners
New York, NY
$5,018,969
National Student Nurses Association
Brooklyn, NY
$2,968,038
Massachusetts Senior Care Association Inc
Easton, MA
$3,184,846
Nurse Practitioner Associates For Continuing Education
Natick, MA
$3,240,644
Oset Inc
Stamford, CT
$3,178,797
New York County Health Services Review Organizations Inc
New York, NY
$2,997,283
Anticoagulation Forum Inc
Newton Highlands, MA
$2,899,604
New York State Association Of County Health Officials Inc
Latham, NY
$1,649,678
American Board Of Perianesthesia Nursing Certification Inc
New York, NY
$1,774,781
Health Workforce New York Inc
Canton, NY
$1,342,623
Dental Society State Of New York
Brooklyn, NY
$1,245,587
New York State Academy Of Family Physicians
Albany, NY
$1,072,142
Westchester County New York Nurses Association Welfare Fund
New York, NY
$1,118,302
New York State Association For Rural Health Inc
Canastota, NY
$1,149,478
American Registry Of Medical Assistants
Westfield, MA
$1,000,768
Automotive Edge Computing Consortium Inc
Wakefield, MA
$619,729
American Surgical Association
Beverly, MA
$1,276,017

Create an account to unlock the data you need.

or