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The Boston Society Inc

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

EIN: 201661990 ✦ Lexington, MA ✦ Designated as a 501(c)(3)

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Overview

What is The Boston Society Inc?

The Boston Society Inc, based in Lexington, Massachusetts, is a nonprofit organization with a mission to serve the healthcare community. They specialize in conducting educational and scientific conferences for professionals in the bioanalytical sector of the healthcare industry. By organizing industry-focused meetings, they provide a platform for updates on compliance within the sector, with a focus on maintaining non-profit status and affordable rates. The organization's activities aim to facilitate education, training, and discussions, thereby supporting the healthcare community. With a modest team of two employees, The Boston Society Inc plays a significant role in fostering knowledge and collaboration within the healthcare community.


Official website here: www.bostonsociety.org

Is The Boston Society Inc legitimate?

The Boston Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Boston Society 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: $134,772
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.bostonsociety.org

What is the mission statement of The Boston Society Inc?

The Boston Society Inc's mission is centered around providing a platform for the healthcare community. This includes facilitating education, training, discussions, and trade association activities. The organization was established in response to the growing need for an alternative forum for discussing applied pharmaceutical research. By organizing industrially focused meetings while maintaining a non-profit status and affordable rates, they offer several such events annually. These conferences are primarily aimed at professionals in the bioanalytical sector of the healthcare industry, with regulatory bodies such as the FDA providing updates on industry compliance.


Official website here: www.bostonsociety.org

What is the revenue of The Boston Society Inc?

The Boston Society Inc's revenue in 2023 was $295,315.


Official website here: www.bostonsociety.org

Who are the executives of The Boston Society Inc and what are their salaries?

The average compensation at The Boston Society Inc during 2023 was $67,386. There are 2 employees at The Boston Society Inc.

Here are 11 key members and their salaries:


Elena Tufa (Executive Di)
  • Compensation: $115,896
  • Related: $0
  • Other: $28,527
Jen Brockman (Treasurer)
  • Compensation: $17,777
  • Related: $0
  • Other: $0
Patrick Bennett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hemant Bhutani (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Brockman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dieter Drexler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benoit Moreau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Proctor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Farhad Sayyarpour (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rama Sivasubramanian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Elvebak (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bostonsociety.org

Where can I find the form 990 for The Boston Society Inc?

The Boston Society Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.bostonsociety.org

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

Mission Statement of The Boston Society Inc

The Boston Society, a non-profit organization, was established to cater to the growing need for an alternative forum for discussing applied pharmaceutical research within the healthcare community. Its mission is centered around facilitating education, training, and discussion, as well as trade association activities, to support this community. By organizing meetings that maintain a non-profit status, relevant venue, and correspondingly low rates, The Boston Society provides a platform for professionals in the bioanalytical sector of the healthcare industry to engage in educational and scientific conferences. Furthermore, this organization serves as a medium where regulatory bodies, such as the FDA, can share updates on industry compliance, thereby contributing to the overall advancement of the healthcare sector.

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Impact




October, 2024

The Boston Society Inc plays a significant role in advancing the healthcare community through education and training. By organizing educational and scientific conferences specifically aimed at professionals in the bioanalytical sector, the organization serves as a vital forum for knowledge exchange.

One of its key contributions is facilitating discussions on applied pharmaceutical research, addressing a critical need in the industry for collaborative learning and updates on regulatory compliance from entities like the FDA. These gatherings not only enhance the understanding of current industry standards but also promote best practices among healthcare professionals.

The Society's commitment to maintaining low-cost meetings ensures broader access to essential education and training, thereby supporting the continuous professional development of individuals in the healthcare sector. Through its focused initiatives, The Boston Society Inc significantly impacts the operational standards and collaboration within the healthcare community, ultimately contributing to improved healthcare outcomes.




This information is meant to be a general summary of The Boston Society 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
$295,315 (2023)
Expenses
$277,705 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $2,163
  • Program Service Revenue: $292,244
  • Gross Receipts: $295,315

Assets and Liabilities:

  • Total Assets: $214,926
  • Total Liabilities: $942
  • Net Assets: $213,984

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Programs

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

CORPORATE SPONSORSHIPS

Revenue

$187,262

REGISTRATION FEES

Revenue

$104,982

Organization Details

Founding Year

2004

Principal Officer

Adam Brockman

NTEE Category

Code: B60 - Education

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