Massachusetts Charitable Society C/O Wave Equity Partners

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

EIN: 041589975 ✦ Boston, MA ✦ Designated as a 501(c)(4)

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Overview

What is Massachusetts Charitable Society C/O Wave Equity Partners?

Massachusetts Charitable Society C/O Wave Equity Partners is a nonprofit organization that provides assistance to its members in need and supports their widows and children after their demise. The organization accumulates funds and utilizes the income to offer aid, with an additional focus on charitable contributions to various organizations. This society, open to any citizen of Massachusetts, charges an entrance fee of $25 and primarily engages in making donations to those in need, as per its established purpose.

Is Massachusetts Charitable Society C/O Wave Equity Partners legitimate?

Massachusetts Charitable Society C/O Wave Equity Partners is a legitimate nonprofit organization registered as a 501(c)(4) entity. Massachusetts Charitable Society C/O Wave Equity Partners 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: $200
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Massachusetts Charitable Society C/O Wave Equity Partners?

The Massachusetts Charitable Society, under the management of Wave Equity Partners, is established with the primary objective of providing aid to its members in times of need. Upon a member's demise, the society continues to offer assistance to their widow and children if required. Additionally, the society accumulates funds and utilizes the income derived for rendering such aid. Once necessary provisions are made, any remaining net income can be allocated for charitable purposes as determined by the society's members from time to time. Any citizen of Massachusetts is eligible for membership, with an entrance fee of $25. The society's actual activities involve making donations to those in need, aligning with its purpose of assistance.

Who is the CEO of Massachusetts Charitable Society C/O Wave Equity Partners?

U Haskell Crocker Ii is the Trustee of Massachusetts Charitable Society C/O Wave Equity Partners.

What is the revenue of Massachusetts Charitable Society C/O Wave Equity Partners?

Massachusetts Charitable Society C/O Wave Equity Partners's revenue in 2023 was $416,815.

Who are the executives of Massachusetts Charitable Society C/O Wave Equity Partners and what are their salaries?

There 9 volunteers at Massachusetts Charitable Society C/O Wave Equity Partners.


Here are 9 key members and their salaries:


Edward Morris Howland Ii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
U Haskell Crocker Ii (Treasurer/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Glover Crocker Iii (Vice President/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Hopkins White (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry Mcfarlan Ogilby (President/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ralph Lowell Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Delano Wight (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold Beacham Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abbott Lawrence Lowell (Secretary/Trustee)
  • Compensation: $200
  • Related: $0
  • Other: $0
Where can I find the form 990 for Massachusetts Charitable Society C/O Wave Equity Partners?

Massachusetts Charitable Society C/O Wave Equity Partners's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Massachusetts Charitable Society C/O Wave Equity Partners

Massachusetts Charitable Society C/O Wave Equity Partners is an organization dedicated to assisting its members in times of need. Should a member pass away, the society continues to provide support to their widow and children, addressing their necessities. The society also has a mission to accumulate funds, utilizing the income for the purpose of rendering aid. Once provisions for the initial objectives have been made, any remaining net income can be directed towards charitable causes, as decided by the society's members. Any resident of Massachusetts is eligible for membership, with an entrance fee of $25. The society's primary activity involves making donations to those in need, in accordance with its established purpose.

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Impact




October, 2024

The Massachusetts Charitable Society C/O Wave Equity Partners plays a crucial role in providing financial assistance to its members during times of need, ensuring they receive support when facing hardships. This organization is dedicated to helping not only its members but also their families, offering aid to widows and children after the member's passing. Through the accumulation of a fund, the society generates income to support its mission, which includes charitable gifts to various organizations and direct assistance to individuals in crisis.

Located in Boston, Massachusetts, the society fosters a sense of community and solidarity among its members, reflecting a commitment to the welfare of each individual and their families. By maintaining a focus on philanthropy, it allows eligible citizens to join for a nominal entrance fee, thus expanding its reach and impact within the state. The society remains adaptable, ensuring that any remaining funds can be directed towards other charitable purposes as determined by its members, thereby maximizing the benefit it provides to the community.




This information is meant to be a general summary of Massachusetts Charitable Society C/O Wave Equity Partners. 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
$416,815 (2023)
Expenses
$411,364 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $416,815
  • Gross Receipts: $1,329,313

Assets and Liabilities:

  • Total Assets: $21,346,218
  • Total Liabilities: $0
  • Net Assets: $21,346,218

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Organization Details

Founding Year

1762

Principal Officer

U Haskell Crocker Ii

Main Address

67 BATTERYMARCH ST 5TH FLOOR, BOSTON, MA, 02110

NTEE Category

Code: T31 - Philanthropy

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