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Sustainable Business Network Of Massachusetts Inc

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

EIN: 043581405 ✦ Wayland, MA ✦ Designated as a 501(c)(3)

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Overview

What is Sustainable Business Network Of Massachusetts Inc?

Sustainable Business Network of Massachusetts Inc is a nonprofit organization based in Wayland, Massachusetts. Their mission is to foster a sustainable economy in the state, promoting ethical business standards, multiple stakeholder models, fulfilling workplaces, social justice, and environmental sustainability. They achieve this mission through educational programs, networking events, service projects, and technical assistance to businesses, helping them decrease energy costs and reduce their carbon footprint. Notably, they organize the Boston Local Food Festival, an annual event showcasing local food products, attracting thousands of attendees and featuring live music, cooking demonstrations, and children's activities. With a team of nine dedicated individuals, Sustainable Business Network of Massachusetts Inc continues to advocate for a local, green, and fair economy in Massachusetts.


Official website here: www.sbnmass.org

Is Sustainable Business Network Of Massachusetts Inc legitimate?

Sustainable Business Network Of Massachusetts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sustainable Business Network 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $181,735

For more financial information, click here


Official website here: www.sbnmass.org

What is the mission statement of Sustainable Business Network Of Massachusetts Inc?

The Sustainable Business Network of Massachusetts Inc's mission is to create an economy that is sustainable, local, and fair. They promote businesses with high ethical standards, a multiple stakeholder model, productive workplaces, and a commitment to social justice and economic prosperity for all. They achieve this by providing educational programs on socially responsible business practices, networking opportunities, community building activities, service projects, and technical assistance to help businesses decrease energy costs and reduce their carbon footprint. Their goal is to engage business and community leaders in building economies that are sustainable.


Official website here: www.sbnmass.org

Who is the CEO of Sustainable Business Network Of Massachusetts Inc?

Laurence F Hammel is the President, Clerk & Executi of Sustainable Business Network Of Massachusetts Inc.


Official website here: www.sbnmass.org

What is the revenue of Sustainable Business Network Of Massachusetts Inc?

Sustainable Business Network Of Massachusetts Inc's revenue in 2022 was $332,795.


Official website here: www.sbnmass.org

Who are the executives of Sustainable Business Network Of Massachusetts Inc and what are their salaries?

The average compensation at Sustainable Business Network Of Massachusetts Inc during 2022 was $20,193. There are 9 employees and 30 volunteers at Sustainable Business Network Of Massachusetts Inc.


Here are 6 key members and their salaries:


Laurence Hammel (President, Clerk & Executi)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Dugger (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Spiller (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Keener (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicola Williams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Dillon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sbnmass.org

Where can I find the form 990 for Sustainable Business Network Of Massachusetts Inc?

Sustainable Business Network Of Massachusetts Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sbnmass.org

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

Mission Statement of Sustainable Business Network Of Massachusetts Inc

Sustainable Business Network of Massachusetts, a renowned organization, is committed to establishing an economy that is locally sourced, environmentally friendly, and fair for all. Their mission is twofold: firstly, they promote businesses that uphold high ethical standards, embrace a multiple stakeholder business model, foster productive and fulfilling workplaces, and view business as a vehicle for social justice and economic prosperity for all. Secondly, they work towards achieving this mission by providing educational programs focusing on best practices in socially responsible business, networking opportunities, community-building activities, service projects, and technical assistance to help businesses reduce energy costs and carbon footprints. By engaging Massachusetts business and community leaders through these initiatives, Sustainable Business Network of Massachusetts contributes to the creation of sustainable economies.

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Impact




October, 2024

The Sustainable Business Network of Massachusetts Inc. fosters an economy that prioritizes local, green, and fair practices. By promoting high ethical standards and a multi-stakeholder business model, they encourage businesses to operate in ways that benefit society as a whole, ensuring that workplaces are both productive and fulfilling.

Their educational programs highlight best practices for socially responsible business, equipping leaders with leading-edge ideas and strategies. Networking opportunities and community-building activities further strengthen ties among businesses, enhancing collaboration and mutual support.

One of their significant initiatives is the Boston Local Food Festival, New England's largest local food event, which draws tens of thousands of attendees each year. This festival not only showcases local food vendors but also features cooking demonstrations and music, reinforcing the community's connection to local agriculture and sustainable practices.

Through outreach events and technical assistance, they help businesses decrease energy costs and reduce their carbon footprint, contributing to a more sustainable future. Overall, their impact lies in creating a supportive environment where businesses thrive while actively contributing to social justice and environmental sustainability in Massachusetts.




This information is meant to be a general summary of Sustainable Business Network 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
$332,795 (2022)
Expenses
$375,564 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,009
  • Program Service Revenue: $92,942
  • Gross Receipts: $332,795

Assets and Liabilities:

  • Total Assets: $80,462
  • Total Liabilities: $110,326
  • Net Assets: -$29,864

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Programs

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

BOSTON LOCAL FOOD FEST

Revenue

$53,248

CSBNN

Revenue

$15,000

LOCAL FOOD TRADE SHOW

Revenue

$9,393

FARMERS MARKET PROMOTI

Revenue

$5,916

SUSTAINABLE BUSINESS L

Revenue

$800

Organization Details

Founding Year

2001

Principal Officer

Laurence F Hammel

Main Address

524 BOSTON POST ROAD, WAYLAND, MA, 01778

NTEE Category

Code: S43 - Community improvement

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