Overview
What is Pan-Massachusetts Challenge Inc?
Pan-Massachusetts Challenge Inc, based in Needham, Massachusetts, is a nonprofit organization that hosts an annual bike-athon. Approximately 6,500 cyclists participate, raising funds for cancer research and treatment at the Jimmy Fund of the Dana-Farber Cancer Institute in Boston. The event is reportedly the most successful athletic fundraising event in the country. The organization's mission is to contribute the raised funds towards the research, treatment, cure, and education about cancer. The Pan-Massachusetts Challenge employs around 20 individuals in its operations.
Official website here: www.pmc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 84% - Three-Star out of Four Star Rating
Pan-Massachusetts Challenge Inc has achieved an 84% score on Charity Navigator, reflecting a solid performance in accountability and finance. The organization boasts a high program expense ratio of over 93%, indicating that most funds raised are directed towards research initiatives. Additionally, its leadership has shown adaptability, particularly in response to challenges posed by the pandemic.
However, user reviews reveal some concerns regarding leadership compensation, specifically mentioning high salaries for key individuals, which has led to mixed perceptions among donors. Some users criticize the executive leadership and their management practices, alleging a lack of transparency and accountability. Despite these criticisms, many supporters praise the organization for its contributions to cancer research, particularly its strong partnership with Dana-Farber Cancer Institute.
Overall, while Pan-Massachusetts Challenge Inc has received commendations for its fundraising efficacy and community impact, it faces scrutiny over its leadership dynamics and financial practices. This duality in feedback highlights the need for ongoing oversight and communication to maintain donor trust and community support.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
What do the Facebook reviews say about Pan-Massachusetts Challenge Inc?
94% of 259 reviewers on Facebook recommend Pan-Massachusetts Challenge Inc. Here is a summary of their reviews:
Many participants express high satisfaction with the organization, emphasizing its impactful mission and the community spirit it fosters. Reviewers highlight the seamless organization of events and dedication of the volunteers, which contribute to a positive experience. The contributions made by the nonprofit in supporting cancer research are frequently acknowledged, with many expressing gratitude for the opportunities to participate in fundraising.
Overall, it seems individuals feel that their involvement with the Pan-Massachusetts Challenge enhances both personal fulfillment and community engagement. The organization is perceived as reliable and effective in delivering on its promises, making it a favored choice among those looking to support cancer research initiatives.
This AI summary has been generated from reviews found on Facebook.
Is Pan-Massachusetts Challenge Inc legitimate?
Pan-Massachusetts Challenge Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pan-Massachusetts Challenge 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: $1,810,721
Professional Fundraising Fees: $0
Other Salaries and Wages: $671,685
For more financial information, click here
Official website here: www.pmc.org
What is the mission statement of Pan-Massachusetts Challenge Inc?
The Pan-Massachusetts Challenge Inc is dedicated to raising funds for the Dana-Farber Cancer Institute. These funds are utilized for cancer research, treatment, cure, and education. The organization hosts an annual bike-a-thon, which involves approximately 6,500 cyclists raising money for this cause. The Pan-Massachusetts Challenge is recognized as the most successful athletic fundraising event in the country, having raised significant dollars for cancer research and treatment. By participating in this event, the Pan-Massachusetts Challenge is making a substantial contribution towards finding a cure for cancer.
Official website here: www.pmc.org
Who is the CEO of Pan-Massachusetts Challenge Inc?
Unavailable
Official website here: www.pmc.org
What is the revenue of Pan-Massachusetts Challenge Inc?
Pan-Massachusetts Challenge Inc's revenue in 2022 was $73,689,314.
Official website here: www.pmc.org
Who are the executives of Pan-Massachusetts Challenge Inc and what are their salaries?
The average compensation at Pan-Massachusetts Challenge Inc during 2022 was $124,120. There are 20 employees and 3000 volunteers at Pan-Massachusetts Challenge Inc.
Here are 18 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $938,798
- Related: $0
- Other: $63,495
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $309,704
- Related: $0
- Other: $43,026
- Compensation: $228,966
- Related: $0
- Other: $22,147
- Compensation: $201,589
- Related: $0
- Other: $17,205
- Compensation: $185,779
- Related: $0
- Other: $40,013
Official website here: www.pmc.org
Where can I find the form 990 for Pan-Massachusetts Challenge Inc?
Pan-Massachusetts Challenge Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pmc.org
Learn more at the official website: www.pmc.org
Mission Statement of Pan-Massachusetts Challenge Inc
Pan-Massachusetts Challenge Inc, a renowned organization, is dedicated to making a significant impact on the fight against cancer. With a mission to raise substantial funds, these resources are earmarked for the Dana-Farber Cancer Institute, specifically for research, treatment, and education related to cancer. The organization's efforts have earned it recognition as the most successful athletic fundraising event in the country, in terms of the dollars raised.
Each year, roughly 6,500 cyclists participate in the annual bike-a-thon orchestrated by Pan-Massachusetts Challenge Inc. These passionate individuals pedal their way through various routes, all while raising funds for the Jimmy Fund at the Dana-Farber Cancer Institute. The organization's cycling fundraiser is an exceptional demonstration of community commitment to a crucial cause. The funds generated through this event contribute significantly to the ongoing research, treatment, and ultimately, the cure of cancer. Through the collective efforts of these cyclists and their supporters, Pan-Massachusetts Challenge Inc continues to make a profound difference in the lives of those affected by cancer.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Pan-Massachusetts Challenge Inc has a significant impact on cancer research and treatment through its annual bike-a-thon event. Approximately 6,500 cyclists participate each year, raising substantial funds that are directed to the Dana-Farber Cancer Institute. This initiative supports critical research, treatment advancements, and educational efforts related to cancer. Notably, the PMC's cycling fundraiser is recognized as the most successful athletic fundraising event in the United States, measured by the amount of money raised. The contributions collected not only help in the fight against cancer but also elevate awareness and foster community support for those affected by the disease.
This information is meant to be a general summary of Pan-Massachusetts Challenge 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $690,405
- Gross Receipts: $77,907,970
Assets and Liabilities:
- Total Assets: $4,292,909
- Total Liabilities: $1,836,338
- Net Assets: $2,456,571
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1981
Phone
(781) 449-5300Main Address
77 FOURTH AVENUE, NEEDHAM, MA, 02494
Website
www.pmc.orgNTEE Category
Code: H12 - Medical research
If you are a representative of Pan-Massachusetts Challenge Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.