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New England Buying Consortium Incorporated

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

EIN: 223193103 ✦ Holyoke, MA ✦ Designated as a 501(c)(3)

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Overview

What is New England Buying Consortium Incorporated?

New England Buying Consortium Incorporated, situated in Holyoke, Massachusetts, is a nonprofit organization with a mission to empower member colleges by offering them a cost-effective solution for procuring textbooks. Their primary objective is to help these educational institutions save money on textbook purchases. The consortium accomplishes this by implementing various programs designed to achieve this goal.

Is New England Buying Consortium Incorporated legitimate?

New England Buying Consortium Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. New England Buying Consortium Incorporated submitted a form 990EZ, 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.

What is the mission statement of New England Buying Consortium Incorporated?

The New England Buying Consortium Incorporated is driven by an educational mission. Its primary objective is to assist member colleges in acquiring textbooks at reduced costs, compared to typical prices. To achieve this goal, the consortium provides various programs. Located in Holyoke, MA, the consortium is committed to this mission and works tirelessly to support its member institutions.

Who is the CEO of New England Buying Consortium Incorporated?

Matilde Adams is the President of New England Buying Consortium Incorporated.

What is the revenue of New England Buying Consortium Incorporated?

New England Buying Consortium Incorporated's revenue in 2022 was $78,091.

Who are the executives of New England Buying Consortium Incorporated and what are their salaries?


Here are 6 key members and their salaries:


Barbara Shutt (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Wilson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matilde Adams (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terence Murphy (President Emeritus)
  • Compensation: $9,861
  • Related: $0
  • Other: $0
Richard Kloster (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for New England Buying Consortium Incorporated?

New England Buying Consortium Incorporated's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of New England Buying Consortium Incorporated

New England Buying Consortium Incorporated, a nonprofit organization, is driven by an educational mission. Its primary goal is to empower member colleges by enabling them to procure textbooks at prices lower than the usual market rates. To achieve this objective, the consortium develops and implements various programs. Based in Holyoke, MA, New England Buying Consortium Incorporated plays a crucial role in reducing the financial burden on students by offering affordable textbook options to its affiliated colleges.

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Impact




August, 2024

New England Buying Consortium Incorporated's impact lies in revolutionizing the textbook purchasing process for member colleges by enabling them to access textbooks at significantly reduced costs compared to traditional methods. Through innovative programs geared towards achieving this goal, the organization plays a crucial role in alleviating the financial burden on students and institutions alike. Its presence in the educational landscape of Holyoke, MA, reflects a commitment to fostering accessible and affordable learning opportunities for the benefit of the entire community.




This information is meant to be a general summary of New England Buying Consortium Incorporated. 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
$78,091 (2022)
Expenses
$88,605 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $58,645
  • Gross Receipts: $78,091

Assets and Liabilities:

  • Total Assets: $40,787
  • Total Liabilities: $0
  • Net Assets: $40,787

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Organization Details

Principal Officer

Matilde Adams

Main Address

1062 MAIN ST CO TERRY MURPHY, Holyoke, MA, 01040

NTEE Category

Code: L20Z - Housing

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