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North Shore Alliance For Economic Development Inc

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

EIN: 264232076 ✦ Salem, MA ✦ Designated as a 501(c)(6)

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Overview

What is North Shore Alliance For Economic Development Inc?

North Shore Alliance for Economic Development Inc, based in Salem, Massachusetts, is a nonprofit organization established by local business and government leaders with the mission of fostering economic growth in the North Shore's thirty communities. Their primary activities include offering small business assistance and educational programs, such as the Alliance Policymakers Series, Business Clinics in collaboration with the Massachusetts Office of Business Development and the Enterprise Center, and future of work symposiums. The Alliance aims to create a unified and enhanced economic environment for its community members.


Official website here: www.nsecdevelopment.com

Is North Shore Alliance For Economic Development Inc legitimate?

North Shore Alliance For Economic Development Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. North Shore Alliance For Economic Development 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: $0

For more financial information, click here


Official website here: www.nsecdevelopment.com

What is the mission statement of North Shore Alliance For Economic Development Inc?

The North Shore Alliance for Economic Development Inc., a private non-profit organization, was established by business, institutional, and government officials with a mission to foster increased economic opportunities in their respective communities. The organization's primary objective is to enhance the economic landscape in a coordinated manner, aiming to create a more prosperous environment for all. To achieve this, the Alliance offers various technical assistance and educational programs, such as the Alliance Policymakers Series, Business Clinics in partnership with the Massachusetts Office of Business Development and the Enterprise Center, and future of work symposiums. These initiatives aim to support businesses, promote economic growth, and foster a conducive environment for sustainable development.


Official website here: www.nsecdevelopment.com

Who is the CEO of North Shore Alliance For Economic Development Inc?

Michael Cahill is the Chair of North Shore Alliance For Economic Development Inc.


Official website here: www.nsecdevelopment.com

What is the revenue of North Shore Alliance For Economic Development Inc?

North Shore Alliance For Economic Development Inc's revenue in 2023 was $273,066.


Official website here: www.nsecdevelopment.com

Who are the executives of North Shore Alliance For Economic Development Inc and what are their salaries?

There 14 volunteers at North Shore Alliance For Economic Development Inc.


Here are 17 key members and their salaries:


Michael Cahill (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Bettencourt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dominick Pangallo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Cowdell (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Keenan (Director & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jo Broderick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Debski (Director & Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Harrington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annie Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Morales (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth O'Hara (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Sarris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Wheeler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jared Nicholson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kurt Steinburg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Heineman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Howland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nsecdevelopment.com

Where can I find the form 990 for North Shore Alliance For Economic Development Inc?

North Shore Alliance For Economic Development Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.nsecdevelopment.com

Learn more at the official website: www.nsecdevelopment.com

Mission Statement of North Shore Alliance For Economic Development Inc

The North Shore Alliance for Economic Development Inc, a private non-profit organization, was established by businesses, institutional, and government officials with a shared goal of fostering increased economic opportunities across the thirty communities that make up Boston's North Shore. The organization's mission is centered around creating a coordinated and enhanced economic environment, aiming to drive growth and development in the region.

To achieve this mission, the North Shore Alliance for Economic Development Inc offers a range of small business technical assistance and educational programs. These initiatives include the Alliance Policymakers Series, Business Clinics in partnership with the Massachusetts Office of Business Development and the Enterprise Center, and a future of work symposium. These programs are designed to provide support and resources to local businesses, helping them navigate the ever-evolving economic landscape and adapt to the challenges and opportunities of the future. By offering these programs, the North Shore Alliance for Economic Development Inc is actively working to strengthen the local business community and contribute to the overall economic growth of the North Shore region.

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Impact




October, 2024

The North Shore Alliance For Economic Development Inc significantly impacts the thirty communities of Boston's North Shore by fostering increased economic opportunity. It serves as a catalyst for collaboration among business leaders, institutional stakeholders, and government officials to drive economic growth in the region.

Through its Small Business Technical Assistance and Educational Programs, the Alliance provides valuable resources to local businesses. Initiatives such as the Alliance Policymakers Series and Business Clinics—developed in partnership with the Massachusetts Office of Business Development and the Enterprise Center—equip entrepreneurs with the tools and knowledge needed to thrive. The organization also addresses future workforce needs through symposiums that explore evolving job market trends.

By focusing on community improvement and economic enhancement, the North Shore Alliance plays a vital role in strengthening the local economy, supporting small businesses, and ensuring that the region remains competitive and resilient in a changing economic landscape.




This information is meant to be a general summary of North Shore Alliance For Economic Development 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
$273,066 (2023)
Expenses
$396,231 (2023)
Efficiency

Other financial information:

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

  • Gross Receipts: $273,066

Assets and Liabilities:

  • Total Assets: $93,230
  • Total Liabilities: $0
  • Net Assets: $93,230

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Organization Details

Founding Year

2008

Principal Officer

Michael Cahill

Main Address

121 LORING AVENUE, SALEM, MA, 01970

NTEE Category

Code: S41 - Community improvement

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