GREATER HAVERHILL FOUNDATION INC

Address
143 ESSEX STREET
HAVERHILL, MA 01830
Contact
Phone: +1 (978) 521-5108
Nonprofit
NTEE: S30 - Economic Development
EIN: 04-2460259

Mission

TO ASSIST IN THE ECONOMIC CULTURAL AND HISTORICAL DEVELOPMENT OF THE GREATER HAVERHILL AREA
 20172016201520142013
Basic features of the organization
Year of formation1964
Subsection code04
PF filing required0    
Metropolitan statistical area1123
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Sum of reportable (W2/1099) compensation$125,000.00 $154,587.00  
Number of employees222  
Number of people compensated >$100k1 1  
Number of volunteers182121  
Number of highly compensated contractors1    
Personnel
Accardi, Paul
TitleTREASURERTREASURERTREASURER  
Name of key/compensated personPAUL ACCARDIPAUL ACCARDIPAUL ACCARDI  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Beaton, Terrance
TitleDIRECTORDIRECTORDIRECTOR  
Name of key/compensated personTERRANCE BEATONTERRANCE BEATONTERRANCE BEATON  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Begman, Paul
TitleDIRECTOR    
Name of key/compensated personPAUL BEGMAN    
Position of compensated person
Current individual trustee or directorTrue    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Bennett, Randall
TitleDIRECTORDIRECTORDIRECTOR  
Name of key/compensated personRANDALL BENNETTRANDALL BENNETTRANDALL BENNETT  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Bergman, Paul
Title DIRECTORDIRECTOR  
Name of key/compensated person PAUL BERGMANPAUL BERGMAN  
Position of compensated person
Current individual trustee or director TrueTrue  
Reportable compensation from org $0.00$0.00  
Other comp, non-reportable, from org and related orgs $0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00  
Breault, Richard
TitleDIRECTORDIRECTORDIRECTOR  
Name of key/compensated personRICHARD BREAULTRICHARD BREAULTRICHARD BREAULT  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Carbone, Peter
TitleDIRECTORDIRECTORDIRECTOR  
Name of key/compensated personPETER CARBONEPETER CARBONEPETER CARBONE  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Cavallaro, Kenneth
Title1ST VP    
Name of key/compensated personKENNETH CAVALLARO    
Position of compensated person
Current individual trustee or directorTrue    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Cavarlo, Kenneth
Title 2ND VP2ND VP  
Name of key/compensated person KENNETH CAVARLOKENNETH CAVARLO  
Position of compensated person
Current individual trustee or director TrueTrue  
Reportable compensation from org $0.00$0.00  
Other comp, non-reportable, from org and related orgs $0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00  
Cleary, Joseph
TitleCLERKCLERKCLERK  
Name of key/compensated personJOSEPH CLEARYJOSEPH CLEARYJOSEPH CLEARY  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Cote, Scott
Title PRESIDENTPRESIDENT  
Name of key/compensated person SCOTT COTESCOTT COTE  
Position of compensated person
Current individual trustee or director TrueTrue  
Reportable compensation from org $0.00$0.00  
Other comp, non-reportable, from org and related orgs $0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00  
D'Orazio, Joseph
Title ASST CLERKASST CLERK  
Name of key/compensated person JOSEPH D'ORAZIOJOSEPH D'ORAZIO  
Position of compensated person
Current individual trustee or director TrueTrue  
Reportable compensation from org $0.00$0.00  
Other comp, non-reportable, from org and related orgs $0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00  
Davis, Jefferson
TitleDIRECTORDIRECTORDIRECTOR  
Name of key/compensated personJEFFERSON DAVISJEFFERSON DAVISJEFFERSON DAVIS  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Dorazio, Joseph
TitleASST CLERK    
Name of key/compensated personJOSEPH DORAZIO    
Position of compensated person
Current individual trustee or directorTrue    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Hart, Michael
Title DIRECTORDIRECTOR  
Name of key/compensated person MICHAEL HARTMICHAEL HART  
Position of compensated person
Current individual trustee or director TrueTrue  
Reportable compensation from org $0.00$0.00  
Other comp, non-reportable, from org and related orgs $0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00  
Jaskelevicus, Steve
TitleASST TREASURASST TREASURASST TREASUR  
Name of key/compensated personSTEVE JASKELEVICUSSTEVE JASKELEVICUSSTEVE JASKELEVICUS  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Jordan, Timothy
TitleDIRECTORDIRECTORDIRECTOR  
Name of key/compensated personTIMOTHY JORDANTIMOTHY JORDANTIMOTHY JORDAN  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Linehan, Jeffrey
TitleDIRECTORDIRECTORDIRECTOR  
Name of key/compensated personJEFFREY LINEHANJEFFREY LINEHANJEFFREY LINEHAN  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Mortimer, Thomas
TitlePRESIDENT1ST VP1ST VP  
Name of key/compensated personTHOMAS MORTIMERTHOMAS MORTIMERTHOMAS MORTIMER  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Ororke, Vincent
TitleDIRECTORDIRECTORDIRECTOR  
Name of key/compensated personVINCENT ORORKEVINCENT ORORKEVINCENT ORORKE  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Pauk, William
TitleDIRECTORASST CLERKASST CLERK  
Name of key/compensated personWILLIAM PAUKWILLIAM PAUKWILLIAM PAUK  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Rogers, Marcia
Title DIRECTORDIRECTOR  
Name of key/compensated person MARCIA ROGERSMARCIA ROGERS  
Position of compensated person
Current individual trustee or director TrueTrue  
Reportable compensation from org $0.00$0.00  
Other comp, non-reportable, from org and related orgs $0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00  
Shaw, David
TitleDIRECTORDIRECTORDIRECTOR  
Name of key/compensated personDAVID SHAWDAVID SHAWDAVID SHAW  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Traver, Charles
TitleDIRECTORDIRECTORDIRECTOR  
Name of key/compensated personCHARLES TRAVERCHARLES TRAVERCHARLES TRAVER  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Trombley, Ronald
TitleMANAGING DIR MANAGING DIR  
Name of key/compensated personRONALD TROMBLEY RONALD TROMBLEY  
Position of compensated person
Reportable compensation from org$125,000.00 $154,587.00  
Other comp, non-reportable, from org and related orgs$0.00 $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00 $0.00  
Purpose: mission, activities, & accomplishments
Mission or significant activitiesTO ASSIST IN THE ECONOMIC CULTURAL AND HISTORICAL DEVELOPMENT OF THE GREATER HAVERHILL AREATO ASSIST IN THE ECONOMIC CULTURAL AND HISTORICAL DEVELOPMENT OF THE GREATER HAVERHILL AREATO ASSIST IN THE ECONOMIC CULTURAL AND HISTORICAL DEVELOPMENT OF THE GREATER HAVERHILL AREA  
Program service expenses, total$28,464.00$7,760.00$31,274.00  
Programs, including revenue & expenses
TO FURTHER HAVERHILL DEVELOPMENT THROUGH A VARIETY OF ACTIVITIES RELATED TO COMMERCIAL AND RESIDENTIAL DEVELOPMENT AND TO DEVELOP THE AREA AS A CIVIC,CULTURAL, HISTORICAL CENTER.
Program expenses$28,464.00$7,760.00$31,274.00  
Grants and allocations made$13,956.00$7,760.00$31,274.00  
Program descriptionTO FURTHER HAVERHILL DEVELOPMENT THROUGH A VARIETY OF ACTIVITIES RELATED TO COMMERCIAL AND RESIDENTIAL DEVELOPMENT AND TO DEVELOP THE AREA AS A CIVIC,CULTURAL, HISTORICAL CENTER.TO FURTHER HAVERHILL DEVELOPMENT THROUGH A VARIETY OF ACTIVITIES RELATED TO COMMERCIAL AND RESIDENTIAL DEVELOPMENT AND TO DEVELOP THE AREA AS A CIVIC,CULTURAL, HISTORICAL CENTER.TO FURTHER HAVERHILL DEVELOPMENT THROUGH A VARIETY OF ACTIVITIES RELATED TO COMMERCIAL AND RESIDENTIAL DEVELOPMENT AND TO DEVELOP THE AREA AS A CIVIC,CULTURAL, HISTORICAL CENTER.  
Financial data
Revenue
Total revenue$6,125,171.00$5,052,487.00-$13,506.00  
Revenue from contributions (total) $0.00 $0.00$0.00
Investment income, current yr$270,669.00$303,675.00$94,477.00  
Total revenue from grants, etc., current yr$0.00$0.00$0.00  
Total unrelated business revenue$0.00$0.00$0.00  
Other revenue, current yr$5,854,502.00$4,748,812.00-$107,983.00  
Program service revenue (total) $0.00 $0.00$0.00
Gross receipts$6,382,822.00$5,570,945.00$87,597.00  
Other types of revenue
Miscellaneous revenue (total)$5,854,502.00$4,748,812.00-$107,983.00  
Income from dividends, interest, and similar investments$59,533.00$74,798.00$85,874.00  
Net rental income $0.00 $0.00$0.00
Expense categories (totals)
Total functional expenses: sum of all$349,769.00$232,331.00$469,987.00  
Total functional expenses: program service $28,464.00$7,760.00$31,274.00  
Total functional expenses: management and general$321,305.00$224,571.00$438,713.00  
Total functional expenses: fundraising$0.00$0.00$0.00  
Fees for services
Legal fees (total)$2,792.00$450.00$7,734.00  
Fundraising service fees (total)$0.00$0.00$0.00  
Investment management fees (total)$8,480.00$11,270.00$10,400.00  
Assets and liabilities
Total assets$18,230,179.00$12,489,850.00$6,160,147.00$6,235,534.00$5,971,675.00
Total assets, beginning of year$12,489,850.00$6,160,147.00$6,235,534.00  
Total liabilities$3,747.00$5,304.00$4,511.00$2,487.00$2,170.00
Total liabilities, beginning of year$5,304.00$4,511.00$2,487.00  
Net assets$18,226,432.00$12,484,546.00$6,155,636.00  
Net assets, beginning of year$12,484,546.00$6,155,636.00$6,233,047.00  
Other liabilities $4,543.00   
Investments: other securities$13,886,875.00$7,369,873.00$814,273.00  
Investments: publicly traded securities$1,676,991.00$1,956,304.00$2,947,128.00  
Other financial variables
Revenue less expenses$5,775,402.00$4,820,156.00-$483,493.00  
Savings & temp cash investment$2,364,469.00$2,865,577.00$2,053,267.00  
Prepaid expenses & deferred charges$5,590.00$5,594.00$4,833.00  
Accounts payable & accrued expenses$3,747.00$761.00$4,511.00  
Total net assets or fund balances$18,226,432.00$12,484,546.00$6,155,636.00  
Governance and accountability
Number of voting members182121  
Number of independent voting members182121  
Financial sheets auditedTrue    
Audit on consolidated basisTrue    
Cash accounting TrueTrue  
Accrual accountingTrue    
Tax year start date2016-05-012015-05-012014-05-01  
Tax year end date2017-04-012016-04-012015-04-012014-04-012013-04-01
Indicators for schedules (selected)
Business transaction with entity ownerTrue    
Business transaction with family memberTrueTrue   
Business transaction with employee True   
Grants to domestic org/gov't >$5kTrueTrueTrue  
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990  
Date e-filing submitted2018-01-082017-04-192016-02-18  
IRS schema version2016v3.02015v2.12014v5.0  
Filing identifier201723429349300122201613499349301061201543299349300404  
Use these data in your project Benchmark this organization against its peers