New England Buying Consortium Incorporated
- Assets
- $38.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Holyoke, MA
- Founding
- 05/1993
- Data as of
- 06/2024
- EIN
- 22-3193103
Organization Overview
New England Buying Consortium Incorporated is located in Holyoke, MA. The organization was established in 1993. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New England Buying Consortium Incorporated 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 06/2024, New England Buying Consortium Incorporated generated $133.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $133.7k during the year ending 06/2024. While expenses have increased by 15.5% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
TO PROVIDE MEMBER COLLEGES WITH THE ABILITY TO BUY TEXT BOOKS AT A LOWER COST THAN USUAL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Shutt Clerk | 1 | $0 | |
Charles Wilson Vice President | 1 | $0 | |
Matilde Adams President | 1 | $0 | |
Terence Murphy President Emeritus | 1 | $0 | |
Richard Kloster Treasurer | 1 | $0 | |
Charles Wilson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $250 |
| Total Program Service Revenue | $106,650 |
| Membership dues | $26,525 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $133,425 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $270 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $133,426 |
| Total expenses | $133,696 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,792 |
| Other assets | $0 |
| Total assets | $38,792 |
| Total liabilities | $0 |
| Net assets or fund balances | $38,792 |