Massachusetts Competitive Partnership Inc is located in Boston, MA. The organization was established in 2011. According to its NTEE Classification (P05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Human Services and related organizations. As of 12/2021, Massachusetts Competitive Partnership Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Massachusetts Competitive Partnership Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Massachusetts Competitive Partnership Inc generated $2.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $2.1m during the year ending 12/2021. While expenses have increased by 10.8% 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.
Since 2017, Massachusetts Competitive Partnership Inc has awarded 12 individual grants totaling $238,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEUDLE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
ECONOMIC COMPETITIVENESS:THE GOAL OF THE ECONOMIC COMPETITIVENESS COMMITTEE IS TO ADVANCE PROGRAMS AND POLICIES THAT STRENGTHEN UNDERPINNINGS OF THE MASSACHUSETTS ECONOMY. THE COMMITTEE FOCUSES ON PROMOTING AND ENSURING THAT MASSACHUSETTS IS A COMPETITIVE PLACE TO OWN AND OPERATE A BUSINESS BY MONITORING AND ENGAGING ON ISSUES THAT IMPACT THE COST OF DOING BUSINESS IN THE STATE. LIKEWISE, THE COMMITTEE PROMOTES SMALL BUSINESSES ACROSS THE COMMONWEALTH THROUGH TARGETED EFFORTS IN TECHNICAL ASSISTANCE AND ACCESS TO CAPITAL, SUPPLY CHAIN, AND EXPANDING MARKETS. ADDITIONALLY, THE COMMITTEE WORKS TO IDENTIFY AND SUPPORT POLICIES AND PROGRAMS THAT INCREASE ACCESS TO HOUSING THAT THE MA WORKFORCE CAN AFFORD. THE COMMITTEE ALSO HAD A FOCUSED EFFORT ON MASSACHUSETTS' SEVEN REGIONAL ECONOMIES TO ENSURE THEIR VIBRANCY AND THEIR CONTRIBUTION TO THE OVERALL HEALTH OF THE COMMONWEALTH.
EDUCATION & WORKFORCE:THE EDUCATION AND WORKFORCE COMMITTEE'S GOAL IS TO ENHANCE MASSACHUSETTS' POSITION AS #1 IN EDUCATION AND WORKFORCE DEVELOPMENT. THE COMMITTEE AIMS TO HELP STRENGTHEN THE COMMONWEALTH'S PUBLIC EDUCATION SYSTEM, INCLUDING EARLY EDUCATION, K-12, AND EARLY COLLEGE BY SUPPORTING POLICIES AND PROGRAMS THAT PROMOTE INNOVATIVE APPROACHES AND BEST PRACTICES. THE COMMITTEE ALSO WORKS TO BOLSTER COLLEGE & CAREER READINESS BY FACILITATING PARTNERSHIPS BETWEEN TRAINERS AND EMPLOYERS TO ENSURE ALIGNMENT BETWEEN CURRICULUM AND SKILL DEVELOPMENT WITH INDUSTRY NEEDS -- LOCALLY AND REGIONALLY. ADDITIONALLY, THE COMMITTEE IS FOCUSED ON TALENT RECRUITMENT AND RETENTION TO ENSURE THAT MASSACHUSETTS IS A PLACE THAT WELCOMES AND SUPPORTS THE WORLD'S TOP TALENT.
INNOVATION:THE INNOVATION COMMITTEE'S GOAL IS TO ENHANCE THE POSITION OF MASSACHUSETTS AS A GLOBAL LEADER IN INNOVATION AND TECHNOLOGY. THE COMMITTEE IDENTIFIES, SUPPORTS, AND PROMOTES PROGRAMS THAT EDUCATE, ATTRACT AND RETAIN THE WORLD'S TOP TALENT TO DEEPEN AND BROADEN MA'S INNOVATION AND TECHNOLOGY ECOSYSTEM. THE COMMITTEE ALSO WORKS TO SUPPORT THE INNOVATION AND STARTUP ECOSYSTEM WITH TARGETED PROGRAMS TO ASSIST FOUNDERS AND NEW COMPANIES, INCLUDING INCREASED ACCESS TO RESOURCES AND CAPITAL. FINALLY, THE COMMITTEE WORKS TO SUPPORT RESEARCH, FEASIBILITY AND SCOPING OF EMERGING CLUSTERS AND SECTORS, AS WELL AS SUPPORT FOR ESTABLISHED INDUSTRIES, TO ENSURE THAT MASSACHUSETTS REMAINS ON THE FOREFRONT OF INNOVATION.
SOCIAL JUSTICE:THE SOCIAL JUSTICE COMMITTEE'S GOAL IS TO MAKE MASSACHUSETTS AN EVEN MORE WELCOMING STATE AND ENSURE THAT ALL PEOPLE ARE INCLUDED AND HAVE OPPORTUNITIES TO SUCCEED. THE COMMITTEE WORKS TO PROMOTE INITIATIVES THAT REMOVE BARRIERS AND PROVIDE GREATER OPPORTUNITY FOR INDIVIDUALS FROM UNDERREPRESENTED GROUPS, PARTICULARLY WOMEN AND PEOPLE OF COLOR, TO ACHIEVE THEIR FULLEST POTENTIAL. LIKEWISE, THE COMMITTEE IS FOCUSED ON ELEVATING THE PARTICIPATION AND LEADERSHIP OF WOMEN AND PEOPLE OF COLOR IN THE WORKFORCE, IN START-UPS AND SMALL BUSINESSES, AND IN C-SUITES AND BOARD ROOMS. THE COMMITTEE WORKS TO ENCOURAGE A MORE INCLUSIVE, ENGAGED, AND INFORMED DISCOURSE THAT LEADS TO BETTER PUBLIC POLICY, AND A STRONGER MASSACHUSETTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert Ash Jr President & CEO | Officer | 40 | $592,540 |
Aimee K Weeden COO & Asst Clerk Through July | Officer | 40 | $112,172 |
Kelsey B Cintolo VP For Research & Policy | 40 | $108,923 | |
Rebecca P Davis-Carden COO & Asst Clerk Joined Sept | Officer | 40 | $73,284 |
Jeffrey M Leiden MD PHD Chairman And Treasurer | OfficerTrustee | 1 | $0 |
John F Fish Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $2,165,000 |
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 | $2,165,000 |
Total Program Service Revenue | $0 |
Investment income | $1,476 |
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 | $2,166,476 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $17,050 |
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. | $874,229 |
Compensation of current officers, directors, key employees. | $20,656 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $280,027 |
Pension plan accruals and contributions | $10,571 |
Other employee benefits | $34,998 |
Payroll taxes | $58,921 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $20,024 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $300 |
Fees for services: Other | $8,860 |
Advertising and promotion | $1,846 |
Office expenses | $32,809 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $257,045 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $8,495 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $87,159 |
Insurance | $5,299 |
All other expenses | $0 |
Total functional expenses | $2,053,311 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $612,136 |
Savings and temporary cash investments | $1,227,937 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $45,000 |
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 | $1,314 |
Net Land, buildings, and equipment | $328,835 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $7,335 |
Total assets | $2,222,557 |
Accounts payable and accrued expenses | $86,507 |
Grants payable | $0 |
Deferred revenue | $48,712 |
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 | $135,219 |
Net assets without donor restrictions | $2,087,338 |
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 | $2,222,557 |
Over the last fiscal year, Massachusetts Competitive Partnership Inc has awarded $10,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Boston, MA PURPOSE: LA CITY TO CITY SPONSORSHIPLA CITY TO CITY SPONSORSHIP | $10,000 |
Over the last fiscal year, we have identified 2 grants that Massachusetts Competitive Partnership Inc has recieved totaling $11,200.
Awarding Organization | Amount |
---|---|
Metro North Regional Employment Board Cambridge, MA PURPOSE: JOB TRAINING AND PLACEMENT | $5,600 |
Metro North Regional Employment Board Cambridge, MA PURPOSE: JOB TRAINING AND PLACEMENT | $5,600 |
Organization Name | Assets | Revenue |
---|---|---|
National Institute For Childrens Health Quality Inc Boston, MA | $3,326,753 | $7,992,976 |
Massachusetts Competitive Partnership Inc Boston, MA | $2,222,557 | $2,166,476 |
Rensselaerville Institute Albany, NY | $2,986,461 | $1,905,452 |
Engine Room Inc New York, NY | $2,787,005 | $1,374,014 |
Connecticut Voices For Children Inc New Haven, CT | $1,494,112 | $1,648,283 |
Rethinkx Inc New York, NY | $1,057,951 | $1,865,240 |
Agma Relief Fund New York, NY | $2,325,318 | $1,042,434 |
Policy Research International Inc Staten Island, NY | $242,786 | $77,500 |
Work And Family Researchers Network Inc Ithaca, NY | $246,469 | $43,069 |
National Association Of Commissionsfor Women New York, NY | $100,227 | $0 |
Research Institute For New Americans Inc New York, NY | $10,863 | $0 |
James And Melissa Oshaughnessy Family Foundation Cos Cob, CT | $0 | $0 |