Retailers Association Of Massachusetts Inc

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

EIN: 042311993 ✦ Boston, MA ✦ Designated as a 501(c)(6)

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Overview

What is Retailers Association Of Massachusetts Inc?

Retailers Association of Massachusetts Inc, based in Boston, Massachusetts, is a nonprofit organization dedicated to advocating for the interests of retailers within the state. With a mission to promote the well-being of retail businesses, they offer educational and cost-saving services to their 3,928 members. The association, headquartered at 18 Tremont Street 810, Boston, MA 02108, boasts a small workforce of eight individuals, yet remains committed to serving the retail sector effectively.


Official website here: www.retailersma.org

Is Retailers Association Of Massachusetts Inc legitimate?

Retailers Association Of Massachusetts Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Retailers Association Of Massachusetts 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: $710,975
Professional Fundraising Fees: $0
Other Salaries and Wages: $511,530

For more financial information, click here


Official website here: www.retailersma.org

What is the mission statement of Retailers Association Of Massachusetts Inc?

The Retailers Association of Massachusetts Inc is dedicated to advocating for the interests of retailers within the state, targeting the general public. Their primary mission includes promoting these interests and providing educational and cost-saving services to its members, totaling 3928. The organization aims to support the retail sector effectively, contributing to its growth and success. By offering educational resources and cost savings, the association seeks to empower its members and strengthen the retail industry as a whole.


Official website here: www.retailersma.org

Who is the CEO of Retailers Association Of Massachusetts Inc?

Jon B Hurst is the Chairman of Retailers Association Of Massachusetts Inc.


Official website here: www.retailersma.org

What is the revenue of Retailers Association Of Massachusetts Inc?

Retailers Association Of Massachusetts Inc's revenue in 2022 was $4,604,235.


Official website here: www.retailersma.org

Who are the executives of Retailers Association Of Massachusetts Inc and what are their salaries?

The average compensation at Retailers Association Of Massachusetts Inc during 2022 was $152,813. There are 8 employees at Retailers Association Of Massachusetts Inc.


Here are 35 key members and their salaries:


Jerome Murphy (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rocco Falcone (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Calvo-Bacci (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendy Morton Hudson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana O'Donoghue (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denevan O'Connell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Penta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Ratner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold Tubman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Carey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erik Hynes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Buchanan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Vanderwoude (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Larrabee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christiana Fisher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Conlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Champion (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Abramson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Saquet (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Lavine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Ellis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Gabovitch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Michelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Herrell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackie Levine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Lannon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Hayes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Graham Luce (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Kaprielian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Conner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon B Hurst (President)
  • Compensation: $409,333
  • Related: $0
  • Other: $37,581
William Rennie (Vice-President)
  • Compensation: $215,528
  • Related: $0
  • Other: $48,533
Ryan Kearney (General Counsel)
  • Compensation: $179,600
  • Related: $0
  • Other: $25,275
Joseph Barnes (Business Development Direc)
  • Compensation: $117,848
  • Related: $0
  • Other: $11,287
Andrea Shea (Membership Development)
  • Compensation: $105,951
  • Related: $0
  • Other: $40,600


Official website here: www.retailersma.org

Where can I find the form 990 for Retailers Association Of Massachusetts Inc?

Retailers Association Of Massachusetts Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.retailersma.org

Learn more at the official website: www.retailersma.org

Mission Statement of Retailers Association Of Massachusetts Inc

The Retailers Association of Massachusetts Inc is devoted to championing the interests of retailers within the state, making this information publicly known. Their primary objective is to advocate for the needs and concerns of Massachusetts retailers, ensuring their voices are heard in various spheres. Furthermore, the association provides educational and cost-saving services to its members, aiming to support their businesses and help them thrive. With a membership base of 3,928 retailers, the Retailers Association of Massachusetts Inc serves as a crucial resource for retailers in the state, offering them valuable tools and resources to enhance their operations.

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Impact




October, 2024

The Retailers Association of Massachusetts Inc. significantly impacts the retail environment in the state by actively promoting the interests of retailers to the general public. With a membership of 3,928 retailers, the association serves as a vital voice advocating for policies and initiatives that benefit the retail sector. By educating members and providing valuable cost-saving services, the organization enhances operational efficiencies and competitiveness among retailers.

Moreover, the association fosters community improvement by engaging with local entities and stakeholders to address challenges faced by retailers, ultimately contributing to a more vibrant and sustainable retail landscape in Massachusetts. The efforts to promote and support the retail industry not only strengthen individual businesses but also stimulate local economies, create jobs, and enhance the overall shopping experience for consumers.




This information is meant to be a general summary of Retailers Association Of Massachusetts 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
$4,604,235 (2022)
Expenses
$3,644,521 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $216,302
  • Program Service Revenue: $3,978,647
  • Gross Receipts: $4,604,235

Assets and Liabilities:

  • Total Assets: $4,610,269
  • Total Liabilities: $315,000
  • Net Assets: $4,295,269

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Programs

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

HEALTH INSURANCE COOPERATIVE

Revenue

$2,720,316

MEMBERSHIP DUES

Revenue

$912,233

W/C COMMISSIONS

Revenue

$266,324

SPECIAL PROJECTS

Revenue

$54,500

MEMBER SERVICE INCOME

Revenue

$25,274

Organization Details

Founding Year

1964

Principal Officer

Jon B Hurst

Main Address

18 TREMONT STREET 810, BOSTON, MA, 02108

NTEE Category

Code: S41 - Community improvement

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