Overview
What is Boston Asset Management Association Inc?
Boston Asset Management Association Inc is a nonprofit organization situated in Needham, Massachusetts. Their primary mission is to foster growth within the asset management industry in Boston and Massachusetts, aiming to positively impact the local economy. They advocate for fair and equitable public policies that benefit organizations in the industry and their employees. The organization also promotes just and ethical principles within the industry, while disseminating valuable information to aid other industry organizations. Ultimately, Boston Asset Management Association Inc strives to enhance the wellbeing of asset management organizations and their employees, contributing to the prosperity of Massachusetts.
Is Boston Asset Management Association Inc legitimate?
Boston Asset Management Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Boston Asset Management Association 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
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What is the mission statement of Boston Asset Management Association Inc?
The Boston Asset Management Association Inc is committed to advancing the asset management industry, aiming to positively impact the economy. They advocate for fair and equitable public policies that benefit organizations within the industry and their employees. The association strives to instill just and ethical principles within the industry. Furthermore, they acquire, possess, and disseminate valuable information to organizations in the industry, ultimately promoting the welfare of asset management organizations and their employees, thereby contributing to the prosperity of the community.
What is the revenue of Boston Asset Management Association Inc?
Boston Asset Management Association Inc's revenue in 2023 was $211,864.
Who are the executives of Boston Asset Management Association Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $154,036
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Boston Asset Management Association Inc?
Boston Asset Management Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Boston Asset Management Association Inc
Boston Asset Management Association Inc plays a crucial role in advancing the asset management industry within Boston and Massachusetts. Their primary mission is to positively impact the economy of these areas by promoting fair and equitable public policies that benefit organizations in the asset management sector and their employees. The association also strives to inculcate just and equitable principles within the industry.
In addition to this, Boston Asset Management Association Inc serves as a hub for the acquisition, possession, and dissemination of useful information related to the asset management industry. This information is valuable to organizations within the industry, contributing to their overall welfare and the prosperity of the Commonwealth of Massachusetts. Furthermore, the association advocates for policies that protect the interests of these organizations and their employees, ultimately contributing to the overall growth and development of the asset management industry.
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Impact
October, 2024
Boston Asset Management Association Inc plays a critical role in enhancing the asset management industry in Boston and Massachusetts, thereby positively influencing the region's economy. By advocating for fair and equitable public policies, it ensures that the interests of asset management organizations and their employees are well-represented. This advocacy fosters a stronger regulatory environment and supports sustainable growth within the sector.
Furthermore, the organization is dedicated to promoting just and equitable principles within the industry, encouraging ethical standards and best practices that benefit both businesses and their stakeholders. It actively disseminates valuable information, equipping organizations with the insights needed to navigate the complexities of the asset management landscape.
Overall, Boston Asset Management Association Inc contributes to the welfare and prosperity of asset management organizations, supporting not only their operational success but also the economic vitality of the Commonwealth of Massachusetts.
This information is meant to be a general summary of Boston Asset Management Association 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $205,000
- Gross Receipts: $211,864
Assets and Liabilities:
- Total Assets: $34,484
- Total Liabilities: $3,272
- Net Assets: $31,212
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROMOTION OF ASSET MAN
Revenue
$205,000
Organization Details
Founding Year
2014
Principal Officer
James W Segel
NTEE Category
Code: S41 - Community improvement
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