Overview
What is Massachusetts Nonprofit Network?
Massachusetts Nonprofit Network, located in Boston, Massachusetts, serves as a supportive resource for nonprofit organizations across the state. With a team of eight dedicated individuals, they provide public policy, public awareness, and capacity-building services to strengthen the nonprofit sector. Their efforts in 2022 included hosting 11 events, such as the Nonprofit Excellence Awards, regional meetings, and policy maker roundtables, attracting a wide range of attendees from both the nonprofit and for-profit sectors. Their mission is to unite and empower the nonprofit community in Massachusetts through advocacy, education, and capacity building, ultimately contributing to the overall improvement and growth of the sector.
Official website here: www.massnonprofitnet.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star Rating
The Massachusetts Nonprofit Network has achieved an impressive score of 96%, reflecting strong performance in accountability and finance. This rating is notable as it is calculated solely based on accountability metrics, emphasizing the organization's commitment to transparency and responsible financial management.
Strengths of the Massachusetts Nonprofit Network include a fully independent board, with all 26 members meeting the independent criteria. The organization has robust financial oversight, evidenced by their high scores in areas such as audit and oversight committee performance and the absence of material diversion of assets. Additionally, they maintain essential policies regarding conflict of interest and whistleblowing, which further enhance their governance framework.
While the rating highlights significant strengths, the metrics primarily focus on accountability rather than programmatic effectiveness or impact measures. Therefore, while financial integrity is assured, potential supporters may wish to seek additional information regarding the organization's overall program outcomes and community impact to gain a full understanding of its effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Massachusetts Nonprofit Network legitimate?
Massachusetts Nonprofit Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. Massachusetts Nonprofit Network 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: $198,663
Professional Fundraising Fees: $0
Other Salaries and Wages: $197,706
For more financial information, click here
Official website here: www.massnonprofitnet.org
What is the mission statement of Massachusetts Nonprofit Network?
The Massachusetts Nonprofit Network's mission is to unite and strengthen the nonprofit sector through public policy, public awareness, and capacity building services. This organization strives to achieve this by offering various services, including hosting events, virtual celebrations, regional meetings, and policy maker roundtables, to educate and engage nonprofit professionals and government leaders on issues affecting the sector. In 2022, they hosted 11 events, such as the Nonprofit Excellence Awards and the Light of Dawnn Awards, which recognized the achievements of the nonprofit sector. The Massachusetts Nonprofit Network's activities aim to empower and support the nonprofit sector, fostering a strong and united community.
Official website here: www.massnonprofitnet.org
Who is the CEO of Massachusetts Nonprofit Network?
James Klocke is the Vice Chair of Massachusetts Nonprofit Network. The CEO's salary of Massachusetts Nonprofit Network is $169,961 and their total compensation is $198,663.
Official website here: www.massnonprofitnet.org
What is the revenue of Massachusetts Nonprofit Network?
Massachusetts Nonprofit Network's revenue in 2022 was $788,895.
Official website here: www.massnonprofitnet.org
Who are the executives of Massachusetts Nonprofit Network and what are their salaries?
The average compensation at Massachusetts Nonprofit Network during 2022 was $49,546. There are 8 employees and 33 volunteers at Massachusetts Nonprofit Network.
Here are 27 key members and their salaries (Massachusetts Nonprofit Network's CEO's salary is $169,961 and their total compensation is $198,663):
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- Compensation: $169,961
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- Other: $28,702
Official website here: www.massnonprofitnet.org
Where can I find the form 990 for Massachusetts Nonprofit Network?
Massachusetts Nonprofit Network's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.massnonprofitnet.org
Learn more at the official website: www.massnonprofitnet.org
Mission Statement of Massachusetts Nonprofit Network
Massachusetts Nonprofit Network, abbreviated as MNN, is committed to strengthening the nonprofit sector in Massachusetts through three key strategies: public policy, public awareness, and capacity building services. Their mission, as stated, is to unite and strengthen the nonprofit sector in the Commonwealth by employing these strategies. MNN provides a range of services to nonprofits across the state, including hosting events, advocacy initiatives, and capacity-building programs.
In 2022, MNN organized 11 events to support the nonprofit sector. Among these were the Nonprofit Excellence Awards, a virtual event celebrating the achievements of the nonprofit sector, and the Light of Dawnn Awards, recognizing outstanding individuals and organizations in the sector. MNN also held four regional meetings to educate nonprofit professionals about advocacy, four policymaker roundtable events to facilitate conversations between MNN members, nonmembers, and government leaders about issues affecting the nonprofit sector, and an in-person conference that attracted over 400 registrants from both the nonprofit and for-profit sectors. These events and initiatives demonstrate MNN's commitment to supporting and strengthening the nonprofit sector in Massachusetts.
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Impact
October, 2024
The Massachusetts Nonprofit Network (MNN) plays a pivotal role in enhancing the nonprofit sector across the Commonwealth by focusing on public policy, public awareness, and capacity-building services. Through its various initiatives, MNN strengthens the connections between nonprofit organizations and government, promoting candid discussions on issues that impact the sector.
In 2022 alone, MNN hosted 11 significant events, showcasing its commitment to professional development and sector advocacy. These events included the Excellence Awards, which celebrated the outstanding achievements of nonprofits, and the Light of Dawnn Awards, highlighting deserving individuals and organizations. Additionally, MNN held four regional meetings aimed at educating nonprofit professionals about effective advocacy efforts.
One of the highlights was a conference that attracted 400 participants from both nonprofit and for-profit sectors, fostering collaboration and knowledge-sharing. The organization also facilitated four policymaker roundtable events, creating a platform for open dialogue between MNN members, government leaders, and other stakeholders.
MNN's efforts in raising public awareness and providing vital training and capacity-building services significantly contribute to a more robust and connected nonprofit sector in Massachusetts, ultimately enhancing its ability to serve communities effectively.
This information is meant to be a general summary of Massachusetts Nonprofit Network. 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.
- Program Service Revenue: $194,371
- Gross Receipts: $788,895
Assets and Liabilities:
- Total Assets: $730,636
- Total Liabilities: $97,075
- Net Assets: $633,561
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPONSORSHIPS
Revenue
$137,001
EVENT REGISTRATION
Revenue
$32,955
CONTRACT REVENUE
Revenue
$24,415
Organization Details
Founding Year
2007
Phone
(617) 330-1188Principal Officer
James Klocke
Main Address
TWO ATLANTIC AVENUE FIRST FLOOR, BOSTON, MA, 02110
Website
www.massnonprofitnet.orgNTEE Category
Code: B03 - Education
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