Nacm - New England Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 041103770 ✦ Westborough, MA ✦ Designated as a 501(c)(6)

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Overview

What is Nacm - New England Inc?

Nacm - New England Inc, located in Westborough, Massachusetts, functions as a provider of education and information related to credit data. With a mission to support companies in extending quality trade credit, this nonprofit organization aims to maximize company profitability by increasing sales, improving cash flow, and decreasing bad debts. They do so within an ethical, legal, and professional framework. Their activities primarily involve disseminating credit bureau information to clients and providing related educational and support services. They currently employ a team of four individuals committed to this cause.


Official website here: www.businesscreditintelligence.com

Is Nacm - New England Inc legitimate?

Nacm - New England Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Nacm - New England Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $134,827
Professional Fundraising Fees: $0
Other Salaries and Wages: $175,317

For more financial information, click here


Official website here: www.businesscreditintelligence.com

What is the mission statement of Nacm - New England Inc?

Nacm - New England Inc, as a provider of education and information, aims to equip companies with the necessary business credit intelligence. This mission is geared towards supporting the extension of quality trade credit, which in turn maximizes company profitability by boosting sales, enhancing cash flow, and reducing bad debts. The organization operates within an ethical, legal, and professional framework. In addition to disseminating credit bureau information to clients, Nacm - New England Inc provides education and support services related to credit data, thereby assisting businesses in making informed credit decisions.


Official website here: www.businesscreditintelligence.com

Who is the CEO of Nacm - New England Inc?

Barbara Braun is the President/Coo And Board Ch of Nacm - New England Inc.


Official website here: www.businesscreditintelligence.com

What is the revenue of Nacm - New England Inc?

Nacm - New England Inc's revenue in 2022 was $592,974.


Official website here: www.businesscreditintelligence.com

Who are the executives of Nacm - New England Inc and what are their salaries?

The average compensation at Nacm - New England Inc during 2022 was $77,536. There are 4 employees at Nacm - New England Inc.


There is 1 key member and their salary:


Barbara Braun (President/Coo And Board Ch)
  • Compensation: $134,827
  • Related: $0
  • Other: $0


Official website here: www.businesscreditintelligence.com

Where can I find the form 990 for Nacm - New England Inc?

Nacm - New England Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.businesscreditintelligence.com

Learn more at the official website: www.businesscreditintelligence.com

Mission Statement of Nacm - New England Inc

Nacm - New England Inc, as a provider of education and information, is committed to a mission that aims to equip companies with the business credit intelligence essential for extending high-quality trade credit. This mission is designed to enhance company profitability through increased sales, improved cash flow, and decreased bad debts. The organization achieves this within an ethical, legal, and professional framework. To accomplish this, Nacm - New England Inc disseminates credit bureau information to its clients and offers education and support services related to credit data. By doing so, the nonprofit empowers companies to make informed credit decisions that maximize their financial success.

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Impact




October, 2024

Nacm - New England Inc plays a significant role in enhancing the business landscape by providing essential education and information regarding credit management. By disseminating credit bureau information to its clients, it equips businesses with the knowledge necessary to make informed decisions about extending trade credit.

The organization supports companies in improving their profitability through better sales practices, improved cash flow, and reduced incidences of bad debts. This not only strengthens individual businesses but also contributes to the overall economic health of the community. By fostering an ethical, legal, and professional approach to credit data utilization, Nacm - New England Inc promotes responsible business practices that benefit the broader economic environment.

In summary, its impact lies in empowering companies with the intelligence they need to thrive, thereby supporting community improvement and economic resilience in the region.




This information is meant to be a general summary of Nacm - New England Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$592,974 (2022)
Expenses
$517,688 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $70
  • Program Service Revenue: $437,834
  • Gross Receipts: $592,974

Assets and Liabilities:

  • Total Assets: $343,083
  • Total Liabilities: $115,978
  • Net Assets: $227,105

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ANNUAL SUBSCRIPTIONS

Revenue

$262,700

ANNUAL SUBSCRIPTIONS

Revenue

$175,134

Organization Details

Founding Year

1897

Principal Officer

Barbara Braun

Main Address

PO BOX 212, WESTBOROUGH, MA, 01581

NTEE Category

Code: S41 - Community improvement

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