Boston Tooling & Machining Association Inc is located in Dracut, MA. The organization was established in 1987. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boston Tooling & Machining Association Inc 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 undefined, Boston Tooling & Machining Association Inc generated $33.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.3%) each year. All expenses for the organization totaled $33.1k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (12.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
Describe the Organization's Program Activity:
Part 3
WE CONTINUED TO DEVELOP OUR MEMBERS PORTAL THAT FAST TRACKED ALL INFORMATION, RESOURCES, PRINTABLE MATERIALS, AND GUIDANCE ON ALL TOPICS RELATED TO COVID19 SO THAT MEMBERS HAD THE LATEST INFORMATION AND DETERMINE HOW TO BEST MANAGE THEIR BUSINESSES. THIS INCLUDED INFORMATION ON HOW TO BEST HANDLE THE HOLIDAY SEASON, TRAVEL RESTRICTIONS AND UNDERSTANDING ALL CHANGES TO STATE GUIDELINES FOR OPERATIONS. WE DEVELOPED AN ONLINE REGIONAL COLLABORATIVE BUSINESS SHOWCASE PORTAL TO ASSISTANCE IN PROMOTION AND BUSINESS LEADS FOR OUR MEMBERS. THIS PORTAL SHOWCASE BUSINESS NOT JUST WITHIN OUR MEMBERSHIP BUT OUR WORKING REGIONAL PARTNERS. THROUGH OUR REGIONAL AND NATIONAL RELATIONS, WE CONTINUED TO PARTICIPATE IN BUSINESS WEBINARS TO EXPLAIN, AND PROVIDE BETTER UNDERSTANDING OF THE UPDATES REGARDING PPP LOANS, MAIN STREET LOANS AND TAX PROVISIONS. AS THE REQUIREMENT FOR DEPARTMENT OF DEFENSE (DOD) CONTRACTOR CYBER SECURITY CERTIFICATIONS WERE FAST APPROACHING, WE PROVIDED WEBINAR TRAINING TO OUR MEMBERS, REGIONAL PARTNERS IN A COLLABORATIVE PARTNERSHIP. THIS ACTIVITY PROVIDED A BASELINE STARTING POINT ON HOW TO BEST PREPARE OUR MEMBERS FOR THE NEXT EVOLUTION OF CYBER SECURITY CERTIFICATION. THIS EFFORT ALSO PROVIDED RESOURCES FOR OUR MEMBERS THAT WOULD HELP IDENTIFY AND TRAIN EMPLOYEES AS NEEDED.AS THE ROLLOUT COMMENCED FOR COVID19 VACCINATIONS WE SHARED ALL INFORMATION PROVIDED THROUGH STATE AND NATIONAL RESOURCES ON HOW TO ENCOURAGE STAFF TO BECOME VACCINATED. OUR NATIONAL ORGANIZATION PROVIDED TURNKEY TOOL KITS TO ASSIST MEMBERS IN ENGAGING THAT STAFF ON THE SUBJECT.AS OUR STATES STARTED TO "RE-OPEN" WE PROVIDED THE BEST INFORMATION POSSIBLE ON THE NEW OPERATIONAL RECOMMENDATIONS & GUIDELINES FOR OUR MEMBERS BASED ON INFORMATION PROVIDED BY THE STATE RESOURCES. WE CONTINUE THIS PROCESS AS WE MOVE FORWARD MANAGING THE INFORMATION WHICH APPLIES TO OUR MEMBERS. OUR NATIONAL AFFILIATED ORGANIZATION DEVELOPED AND DELIVERED A VIRTUAL CONFERENCE WHERE MEMBERS COULD MEET AND START THE PROCESS OF RECONNECTING. THIS CONFERENCE PROVIDED AN OPPORTUNITY FOR OUR MEMBERS TO ENGAGE THEIR EMERGING WORKFORCE ON TRENDING TOPICS OF OPERATIONAL STRATEGIES, TECHNOLOGIES, AND TEAMWORK. MEMBERS WERE OFFERED AN OPPORTUNITY TO WATCH IN A ONE ON ONE "AVATAR" VIRTUAL SETTING OR SIGN IN AND AS A TEAM WALK THE CONFERENCE TO DEVELOP BUSINESS RELATIONSHIPS FROM ACROSS THE COUNTRY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kevin O' Donnell President | 2 | $0 | |
Jonathan Hughes Treasurer | 1 | $0 | |
Michael Pasciuto Vice President | 2 | $0 | |
Timothy Martins Chapter Trustee | 1 | $0 | |
Scott Fallavollita Director | 1 | $0 | |
Chris Burns Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $3,260 |
Total Program Service Revenue | $425 |
Membership dues | $28,754 |
Investment income | $767 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $33,206 |
Statement of Expenses | |
---|---|
Total expenses | $33,068 |
Balance Sheet | |
---|---|
Total assets | $53,341 |
Total liabilities | $0 |
Net assets or fund balances | $53,341 |
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