DC 35 MANAGEMENT INDUSTRY BETTERMENT FUND

Address
100 GROSSMAN DRIVE NO 300
BRAINTREE, MA 02184
Contact
Phone: +1 (978) 975-1099
Nonprofit
NTEE: J01 - Alliance/Advocacy Organizations
EIN: 04-2460895

Mission

INDUSTRY BETTERMENT
 20162015201420132012
Basic features of the organization
Year of formation1970
Subsection code06
Form of organization
CorporationTrue
TrustTrue
Metropolitan statistical area1123
Human resources, including compensation
Summary compensation info
Sum of reportable (W2/1099) compensation$0.00$1,000.00$0.00$0.00$0.00
Number of employees00000
Number of people compensated >$100k00000
Number of volunteers00000
Number of highly compensated contractors0000 
Personnel
Carver, Richard
TitleTRUSTEETRUSTEETRUSTEETRUSTEETRUSTEE
Name of key/compensated personRICHARD CARVERRICHARD CARVERRICHARD CARVERRICHARD CARVERRICHARD CARVER
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org10.0010.0010.0010.0010.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $800.00$1,000.00$0.00$0.00$0.00
Gunning, Thomas
TitleFUND ADMINISTRATORFUND ADMINISTRATORFUND ADMINISTRATORFUND ADMINISTRATORFUND ADMINISTRATOR
Name of key/compensated personTHOMAS GUNNINGTHOMAS GUNNINGTHOMAS GUNNINGTHOMAS GUNNINGTHOMAS GUNNING
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org10.0010.0010.0010.0010.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $1,000.00$7,600.00$0.00$5,000.00$5,000.00
Kennedy, Mark
TitleTRUSTEETRUSTEETRUSTEETREASURERTREASURER
Name of key/compensated personMARK KENNEDYMARK KENNEDYMARK KENNEDYMARK KENNEDYMARK KENNEDY
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org10.0010.0010.0010.0010.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $800.00$600.00$0.00$0.00$0.00
Mauro, Richard
Title   TRUSTEETRUSTEE
Name of key/compensated person   RICHARD MAURORICHARD MAURO
Position of compensated person
Current individual trustee or director   TrueTrue
Average hours per week working for org   10.0010.00
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
Miller, Laurence
TitleVICE CHAIRMANVICE CHAIRMANVICE CHAIRMAN  
Name of key/compensated personLAURENCE MILLERLAURENCE MILLERLAURENCE MILLER  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Average hours per week working for org10.0010.0010.00  
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 $1,200.00$1,000.00$0.00  
Patch, Peter
Title    SECRETARY
Name of key/compensated person    PETER PATCH
Position of compensated person
Current individual trustee or director    True
Average hours per week working for org    10.00
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
Soep, Howard
Title   CHAIRMANCHAIRMAN
Name of key/compensated person   HOWARD SOEPHOWARD SOEP
Position of compensated person
Current individual trustee or director   TrueTrue
Average hours per week working for org   10.0010.00
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
Soep, Matthew
TitleTREASURERTREASURERTREASURER  
Name of key/compensated personMATTHEW SOEPMATTHEW SOEPMATTHEW SOEP  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Average hours per week working for org10.0010.0010.00  
Reportable compensation from org$0.00$1,000.00$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 $800.00$800.00$6,000.00  
Steeves, Thomas
TitleCHAIRMANCHAIRMANCHAIRMANVICE CHAIRMANVICE CHAIRMAN
Name of key/compensated personTHOMAS STEEVESTHOMAS STEEVESTHOMAS STEEVESTHOMAS STEEVESTHOMAS STEEVES
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org10.0010.0010.0010.0010.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $800.00$1,400.00$0.00$0.00$0.00
Sullivan, Lee
TitleTRUSTEETRUSTEETRUSTEE  
Name of key/compensated personLEE SULLIVANLEE SULLIVANLEE SULLIVAN  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Average hours per week working for org10.0010.0010.00  
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 $800.00$0.00$0.00  
Purpose: mission, activities, & accomplishments
Mission or significant activitiesINDUSTRY BETTERMENTINDUSTRY BETTERMENTINDUSTRY BETTERMENTINDUSTRY BETTERMENTINDUSTRY BETTERMENT
Program service expenses, total$2,001,730.00$2,099,502.00$1,596,050.00$1,601,701.00 
Programs, including revenue & expenses
TO PROMOTE BETTERMENT, SAFETY AND EMPLOYMENT OPPORTUNITIES
Program expenses$2,001,730.00$2,099,502.00$1,596,050.00$1,601,701.00 
Program descriptionTO PROMOTE BETTERMENT, SAFETY AND EMPLOYMENT OPPORTUNITIESTO PROMOTE BETTERMENT, SAFETY AND EMPLOYMENT OPPORTUNITIESTO PROMOTE BETTERMENT, SAFETY AND EMPLOYMENT OPPORTUNITIESTO PROMOTE BETTERMENT, SAFETY AND EMPLOYMENT OPPORTUNITIESTO PROMOTE BETTERMENT, SAFETY AND EMPLOYMENT OPPORTUNITIES
Financial data
Revenue
Total revenue$1,920,739.00$2,246,559.00$1,713,808.00$1,620,274.00$1,329,728.00
Investment income, current yr$6,712.00$5,812.00$4,552.00$3,523.00$5,051.00
Total revenue from grants, etc., current yr$0.00$0.00$0.00$0.00$0.00
Total unrelated business revenue    $0.00
Other revenue, current yr$0.00$0.00$0.00$0.00$0.00
Net unrelated business taxable revenue$0.00$0.00$0.00$0.00$0.00
Program service revenue (total)$1,914,027.00$2,240,747.00$1,709,256.00$1,616,751.00$1,324,677.00
Other types of revenue
Investment income$6,712.00$5,812.00$4,552.00$3,523.00$5,051.00
Expense categories (totals)
Total functional expenses: sum of all$2,036,840.00$2,099,502.00$1,596,050.00$1,601,701.00$1,328,379.00
Total functional expenses: program service $2,001,730.00$2,099,502.00$1,596,050.00$1,601,701.00$1,328,379.00
Total functional expenses: management and general$35,110.00$0.00$0.00$0.00$0.00
Total functional expenses: fundraising$0.00$0.00$0.00$0.00$0.00
Fees for services
Fundraising service fees (total)$0.00$0.00$0.00$0.00$0.00
Assets and liabilities
Total assets$600,604.00$656,181.00$459,105.00$676,507.00$354,432.00
Total assets, beginning of year$656,181.00$459,105.00$676,507.00$354,432.00$530,707.00
Total liabilities$191,554.00$131,030.00$81,011.00$416,171.00$112,669.00
Total liabilities, beginning of year$131,030.00$81,011.00$416,171.00$112,669.00$290,293.00
Unrestricted net assets, end of yr$409,050.00$525,151.00$378,094.00$260,336.00$241,763.00
Net assets$409,050.00$525,151.00$378,094.00$260,336.00$241,763.00
Net assets, beginning of year$525,151.00$378,094.00$260,336.00$241,763.00$240,414.00
Cash: non-interest bearing  $0.00  
Cash: non-interest bearing, beginning of year  $0.00  
Other financial variables
Revenue less expenses-$116,101.00$147,057.00$117,758.00$18,573.00$1,349.00
Savings & temp cash investment$438,368.00$414,954.00$306,844.00$507,917.00$217,334.00
Accounts receivable, net$155,986.00$241,227.00$152,261.00$168,590.00$137,098.00
Prepaid expenses & deferred charges$6,250.00    
Accounts payable & accrued expenses$191,554.00$131,030.00$81,011.00$416,171.00$112,669.00
Total net assets or fund balances$409,050.00$525,151.00$378,094.00$260,336.00$241,763.00
Payment to affiliates$617,539.00$698,244.00$421,988.00$541,585.00$342,201.00
Governance and accountability
Number of voting members66666
Number of independent voting members66666
Financial sheets were auditedTrueTrueTrueTrueTrue
Accrual accountingTrueTrueTrueTrueTrue
Tax year start date2016-01-012015-01-012014-01-012013-01-012012-01-01
Tax year end date2016-12-012015-12-012014-12-012013-12-012012-12-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990990
IRS schema version2016v3.02015v2.12014v5.02013v3.02012v2.1
Filing identifier201723179349302082201623199349307807201513209349312801201443029349300044201323169349302827
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