Massachusetts Conference For Women Inc
- Assets
- $6.3m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Boston, MA
- Founding
- 10/2005
- Data as of
- 12/2022
- EIN
- 20-2699177
Organization Overview
Massachusetts Conference For Women Inc is located in Boston, MA. The organization was established in 2005. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Massachusetts Conference For Women 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 12/2022, Massachusetts Conference For Women Inc generated $4.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $4.2m during the year ending 12/2022. While expenses have increased by 6.3% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE CONFERENCE IS TO HARNESS THE COLLECTIVE ENERGY AND KNOWLEDGE OF THE WOMEN OF THE REGION-WOMEN OF ALL AGES AND BACKGROUNDS-TO BETTER THEMSELVES AND THEIR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MASSACHUSETTS CONFERENCE FOR WOMEN (MACFW) IS A NON-PROFIT, NON-PARTISAN ORGANIZATION THAT PROVIDES PROFESSIONAL AND PERSONAL DEVELOPMENT TO SUPPORT WOMEN IN THE WORKPLACE. THE ACTIVITIES INCLUDE AN ANNUAL CONFERENCE, WHICH IN 2022 INCLUDED A VIRTUAL CAREER FAIR OPEN TO THE PUBLIC AND HELD THE DAY BEFORE THE ANNUAL CONFERENCE. MACFW ALSO PROVIDES YEAR-ROUND CONTENT THROUGH DIGITAL PROGRAMMING AND SHARING ORIGINAL CONTENT THROUGH IT'S "WOMEN AMPLIFIED" PODCAST, MONTHLY NEWSLETTER, AND SOCIAL MEDIA CHANNELS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gloria C Larson President | Trustee | 1 | $0 |
Marian L Heard Vice Chair | Trustee | 1 | $0 |
Carol Fulp Secretary | Trustee | 0.5 | $0 |
Micho F Spring Treasurer | Trustee | 0.5 | $0 |
Heather Campion Board Member | Trustee | 0.5 | $0 |
Kimberly Steimle Vaughn Board Member | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Laurie Dalton White Llc Conference Management | 12/30/22 | $1,217,504 |
Aex Conference Management | 12/30/22 | $350,425 |
Levy Restaurants Conference Management | 12/30/22 | $315,755 |
Caa Speakers (Ladybird Inc) Guest Speaker | 12/30/22 | $300,000 |
Project Presentation Technology Conference Management | 12/30/22 | $272,245 |
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 | $2,441,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,441,000 |
| Total Program Service Revenue | $2,146,858 |
| Investment income | $4,280 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,592,138 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $283,875 |
| Fees for services: Legal | $5,893 |
| Fees for services: Accounting | $27,458 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $159,001 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $168,883 |
| Advertising and promotion | $392,587 |
| Office expenses | $36,543 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,063,793 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,322 |
| All other expenses | $0 |
| Total functional expenses | $4,215,993 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,867,862 |
| Savings and temporary cash investments | $265,494 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $123,743 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,257,099 |
| Accounts payable and accrued expenses | $980,515 |
| Grants payable | $0 |
| Deferred revenue | $190,000 |
| 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 | $0 |
| Total liabilities | $1,170,515 |
| Net assets without donor restrictions | $5,086,584 |
| 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 | $6,257,099 |