CSCharityScored
33

Massachusetts Alliance For Economic Development

Other · Watertown, Massachusetts

260 Arsenal Pl, Watertown, MA 02472-3171

EIN: 043172007· Founded: Aug 1995· 31 years active· Filing Year: 2023

Annual Revenue

$483K

Total Expenses

$748K

Total Assets

$229K

Program Spending

19%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

Not reported

All officers, directors, and key employees combined

Other Salaries & Wages

$375K

Total Payroll

$375K

50% of total expenses

Where the Money Goes

19%
Programs: 19%
Payroll: 50%
Other overhead: 81%
Program Revenue$143K (30%)
Total Expenses$748K (100%)
Payroll$375K (50%)
Overhead (non-program)81%

Trust Score Breakdown

Program Spending Ratio

19% of expenses go to programs

40%

Revenue & Stability

$483K annual revenue

15%

Executive Compensation

Not reported

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$229K in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.