Boston Bruins Alumni Association
- Assets
- $191.6k
- Revenue
- $209.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Boston, MA
- Founding
- 08/1973
- Data as of
- 12/2022
- EIN
- 23-7346714
Organization Overview
Boston Bruins Alumni Association is located in Boston, MA. The organization was established in 1973. According to its NTEE Classification (N72) the organization is classified as: Special Olympics, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boston Bruins Alumni Association 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, Boston Bruins Alumni Association generated $209.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.3%) each year. All expenses for the organization totaled $293.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 8 years. 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 ASSOCIATION'S PRIMARY EXEMPT PURPOSE IS TO RAISE FUNDS AND TO DONATE THESE FUNDS TO CHARITABLE CAUSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BOSTON BRUINS ALUMNI ASSOCIATION, INC.'S PRIMARY EXEMPT PURPOSE IS TO RAISE FUNDS AND TO DONATE THESE FUNDS TO CHARITABLE CAUSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick Leahy Director | Trustee | 1 | $800 |
Andrew Raycroft Director | Trustee | 1 | $10,625 |
Timothy Sweeney Director | Trustee | 1 | $2,000 |
Frank Simonetti President | Officer | 35 | $7,814 |
Rejean Lemelin Clerk | Officer | 5 | $6,950 |
Robert Sweeney Treasurer | Officer | 1 | $5,250 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $50 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,929 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,979 |
| Total Program Service Revenue | $188,788 |
| Investment income | $9 |
| 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 | $14,050 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $209,826 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $11,051 |
| 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. | $86,239 |
| Compensation of current officers, directors, key employees. | $42,000 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $20,224 |
| Office expenses | $30 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,827 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $211 |
| Insurance | $3,711 |
| All other expenses | $3,217 |
| Total functional expenses | $293,461 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $190,322 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $1,266 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $191,588 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $191,588 |
| 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 | $191,588 |
Grants Awarded
Over the last fiscal year, Boston Bruins Alumni Association has awarded $15,704 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
WENTWORTH-DOUGLASS HOSPITAL PURPOSE: TO RAISE FUNDS FOR CANCER PATIENTS AND THEIR FAMILIES. | $225 |
BRUINS FOUNDATION PURPOSE: TO RAISE AWARENESS AND FUNDS TO SUPPORT PEOPLE IN NEED. | $1,800 |
MATT LIGHT FOUNDATION PURPOSE: TO GIVE AT-RISK KIDS A BETTER CHANCE AT LEADING HEALTHY LIVES BY USING THE GREAT OUTDOORS TO LEARN AND GROW. | $500 |
DANA FARBER JIMMY FUND PURPOSE: TO RAISE FUNDS FOR ADULT AND PEDIATRIC CANCER CARE AND RESEARCH FOR CANCER PATIENTS. | $1,000 |
CAMP SUNSHINE PURPOSE: TO SUPPORT PROGRAMS ASSISTING FAMILIES AFFECTED BY LIFE-THREATENING CHILDHOOD ILLNESSES. | $500 |
SR BERNADETTE O'REILLY SCHOLARSHIP FUNDROSSBROOK HOUSE PURPOSE: TO PROVIDE SAFE ALTERNATIVES FOR CHILDREN AND YOUTH. | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Special Olympics New York Inc Albany, NY | $8,276,390 | $10,681,166 |
Special Olympics Massachusetts Inc Marlborough, MA | $18,196,669 | $5,614,307 |
Special Olympics Connecticut Inc Hamden, CT | $11,805,113 | $5,296,107 |
Special Olympics New Hampshire Inc Concord, NH | $2,539,807 | $1,862,031 |
Special Olympics Rhode Island Inc Smithfield, RI | $5,408,399 | $1,970,073 |
Special Olympics Vermont South Burlington, VT | $2,705,796 | $1,188,179 |
Boston Bruins Alumni Association Boston, MA | $191,588 | $209,826 |
American Amputee Soccer Association Stony Brook, NY | $132,166 | $0 |
Adaptive Sports New England Inc Boston, MA | $246,697 | $220,778 |
Kisoro Childrens Foundation Inc Cambridge, MA | $156,796 | $0 |
Aaron Zenus Foundation Hopedale, MA | $137,374 | $0 |
Be The Best Sport Inc Port Washington, NY | $26,770 | $0 |
Great Blizzards Of Massachusetts Plymouth, MA | $27,537 | $0 |
Wheelchair Sports Federation Inc Middle Village, NY | $45,864 | $0 |