2024-04-18T09:50:08-05:00 2023-06-30 203985546 JOHNSON O'CONNOR FERON & CARUCCI LLP 101 EDGEWATER DRIVE SUITE 210 WAKEFIELD MA 01880 990 2022-07-01 042486905 TRIANGLE INC TRIA 6173220400 450 BROADWAY MALDEN MA 02148 MICHAEL MASTASCUSA CHIEF FINANCIAL OFFICER 7813884305 2024-04-16 1 MICHAEL MASTASCUSA XXX-XX-XXXX 0 JOSEPH GISO P00030126 7819143400 2024-04-16 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z COLEMAN NEE 450 BROADWAY MALDEN MA 02148 11409015 0 X HTTP://WWW.TRIANGLE-INC.ORG X 1970 MA TO EMPOWER PEOPLE WITH DISABILITIES AND THEIR FAMILIES TO ENJOY RICH, FULFILLING LIVES. 9 9 194 9 0 0 478062 407749 11040481 10954264 3575 -9788 121686 -41225 11643804 11311000 0 0 0 0 7620650 8184305 0 0 544492 4049146 4345586 11669796 12529891 -25992 -1218891 7569693 11383498 1068581 6020869 6501112 5362629 X THROUGH SUPPORT, CHALLENGE AND OPPORTUNITY, TRIANGLE EMPOWERS PEOPLE WITH DISABILITIES AND THEIR FAMILIES TO ENJOY RICH, FULFILLING LIVES. WE ARE COMMITTED TO HELPING THE WORLD RECOGNIZE THAT WE ARE ALL PEOPLE WITH ABILITY. 0 0 5330207 5571172 RESIDENTIAL - PROVIDE COMMUNITY BASED RESIDENCES FOR MENTALLY DISABLED INDIVIDUALS. 1201218 1135245 COMMUNITY WORK SERVICES - PROVIDE EMPLOYMENT TO DISABLED INDIVIDUALS THROUGH A SHELTERED WORKSHOP SETTING. 3350214 4191478 EMPLOYMENT SUPPORT - PROVIDE VOCATIONAL EVALUATION, VOCATIONAL EXPERIENCE, AND JOB PLACEMENT FOR PEOPLE WITH DISABILITIES. 190743 81994 BUSINESS ENTERPRISES. 190743 81994 10072382 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 24 0 1 194 1 0 0 0 0 0 1 1 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 MA X X MICHAEL MASTASCUSA CHIEF FINANCIAL OFFICER 7813884334 450 BROADWAY MALDEN MA 02148 MICHAEL MORAN PRESIDENT 2.00 1.00 X X 0 0 0 RACHEL KAPREILIAN VICE PRESIDENT 2.00 1.00 X X 0 0 0 ROBERT PERRY TREASURER 2.00 1.00 X X 0 0 0 MARK D'OLIVEIRA CLERK 0.50 0.50 X X 0 0 0 MICHAEL MCCURDY DIRECTOR 2.00 1.00 X 0 0 0 JESSICA BLACK DIRECTOR 2.00 1.00 X 0 0 0 RICHARD CURTIS DIRECTOR 0.50 0.50 X 0 0 0 PAUL DONATO DIRECTOR 0.50 0.50 X 0 0 0 COLLEEN MORAN DIRECTOR 0.50 0.50 X 0 0 0 MICHAEL MASTASCUSA CHIEF FINANCIAL OFFICER 37.00 3.00 X 239476 0 679 COLEMAN NEE CHIEF EXECUTIVE OFFICER 37.00 3.00 X 233276 0 2530 DREW WARREN CHIEF PROGRAM OFFICER 37.00 0.00 X 137512 0 28522 FELICIA BATTLET DIRECT CARE COORDINATOR 37.00 0.00 X 151498 0 30718 RAYMOND LAMOTHE DIRECT CARE COORDINATOR 37.00 0.00 X 143825 0 11487 MELISSA RUSSELL STROUT CHIEF INTEGRITY OFFICER 37.00 0.00 X 106624 0 10973 JANICE PHILPOT CHIEF OF WORKFORCE INITIATIVES 37.00 0.00 X 116894 0 679 JOHN VANBEEK KAISER CHIEF OF ADVANCEMENT & COMMUNICATIONS 37.00 0.00 X 111385 0 679 1240490 0 86267 8 0 1 0 RADIUS EXECUTIVE IT SOLUTIONS 49 SHATTUCK RD UNIT 209 ANDOVER MA 01810 IT CONSULTING 208960 1 130906 276843 407749 CONTRACT REVENUE 611710 10299568 10299568 CLIENT RENTAL INCOME 900099 486923 486923 OTHER PROGRAM RELATED INCOME 900099 167773 167773 10954264 21377 21377 31165 -31165 -31165 -31165 0 130906 66850 -66850 -66850 MANAGEMENT FEE- OVERHEAD ALOCATIO 541610 25625 25625 25625 11311000 10979889 0 -76638 610264 506724 75006 28534 6620430 5497184 813701 309545 398703 319432 71198 8073 554908 462304 57883 34721 125117 84106 33410 7601 71881 48320 19194 4367 607473 408355 162213 36905 10000 10000 341371 278557 46066 16748 349038 130512 203605 14921 1545357 1448221 68308 28828 236852 222888 12200 1764 276472 236081 38045 2346 280173 230965 33711 15497 GRANT EXPENSES 218189 218189 PROGRAM SUPPORT 199422 175355 24067 BAD DEBT 47899 47899 STAFF TRAINING 26635 23378 2389 868 9707 9707 12529891 10072382 1913017 544492 1610592 395555 1933860 1915518 65000 52500 908557 1604510 83134 340971 3938371 1510984 2471185 2427387 497365 4647057 7569693 11383498 632548 916282 99872 108635 336161 4995952 1068581 6020869 X 6037382 5260230 463730 102399 6501112 5362629 7569693 11383498 X -1218891 -79499 159907 X X 0 1 X 1 0 X 162083 529898 1700997 342915 276843 3012736 10335056 10171516 9644737 11040481 10954264 52146054 10497139 10701414 11345734 11383396 11231107 55158790 93183 93183 0 93183 93183 55065607 3575 21377 24952 3575 21377 24952 10497139 10701414 11345734 11386971 11252484 55183742 0.99790 0.99650 0.00050 0.00010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 218030 2786 220816 185000 33030 218030 185000 185000 185000 185000 185000 185000 1.00000 0 0 114990 114990 1260098 828712 431386 1534298 167333 1366965 979423 475448 503975 49562 39491 10071 2427387 DEPOSITS 69878 RIGHT OF USE ASSETS 4577179 4647057 DUE TO AFFILIATE 266106 LEASE LIABILITIES - CURRENT 967396 LEASE LIABILITIES - NONCURRENT 3762450 4995952 X 12469669 1184294 1184294 11285375 25625 25625 11311000 13268244 956542 956542 12311702 218189 218189 12529891 PART V, LINE 4: THE FUNDS ARE STIPULATED BY THE DONOR TO BE USED TO FULFILL TRIANGLE'S MISSION AND TO SUPPORT INDIVIDUALS' PURSUIT OF MEANINGFUL COMMUNITY PARTICIPATION, INCLUDING EMPLOYMENT. PART X, LINE 2: THE ORGANIZATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES. INCOME RELATED TO THESE PURPOSES IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. UNRELATED BUSINESS INCOME WOULD BE TAXABLE ACCORDING TO APPLICABLE INTERNAL REVENUE CODE SECTIONS. THE ORGANIZATION REGULARLY REVIEWS AND EVALUATES ITS TAX POSITIONS TAKEN IN ITS FILED RETURNS AND RECOGNIZES THE BENEFIT FROM A TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE POSITION WOULD BE SUSTAINED UPON AUDIT BASED SOLELY ON THE TECHNICAL MERITS OF THE TAX POSITION. THE ORGANIZATION ACCRUES INTEREST AND PENALTIES ON UNCERTAIN TAX POSITIONS AS A COMPONENT OF THE PROVISION FOR INCOME TAXES. THE ORGANIZATION FILES FEDERAL AND MASSACHUSETTS TAX RETURNS. THE STATUTE OF LIMITATIONS FOR THESE JURISDICTIONS IS GENERALLY THREE YEARS. THE ORGANIZATION HAD NO RETURNS UNDER EXAMINATION AS OF JUNE 30, 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE - IMPACT, INC. 1,402,483. GRANT EXPENSE -218,189. PART XI, LINE 4B - OTHER ADJUSTMENTS: MANAGEMENT FEE - OVERHEAD ALLOCATION 25,625. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES - IMPACT, INC. 956,542. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANT EXPENSE 218,189. GOLF TOURNAMENT 63444 63444 42327 ANNUAL CELEBRATION 67462 67462 21223 3300 130906 130906 21223 45627 66850 -66850 X X 0 0 0 0 0 0 0 0 0 MICHAEL MASTASCUSA CHIEF FINANCIAL OFFICER 239476 0 0 0 0 0 0 0 679 0 240155 0 0 0 COLEMAN NEE CHIEF EXECUTIVE OFFICER 233276 0 0 0 0 0 0 0 2530 0 235806 0 0 0 FELICIA BATTLET DIRECT CARE COORDINATOR 151498 0 0 0 0 0 0 0 30718 0 182216 0 0 0 DREW WARREN CHIEF PROGRAM OFFICER 137512 0 0 0 0 0 0 0 28522 0 166034 0 0 0 RAYMOND LAMOTHE DIRECT CARE COORDINATOR 143825 0 0 0 0 0 0 0 11487 0 155312 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS: THE CFO REVIEWS THE FORM 990 WITH THE MEMBERS OF THE FINANCE COMMITTEE. ONCE ALL COMMENTS HAVE BEEN ADDRESSED, THE FORM 990 IS MADE AVAILABLE TO THE BOARD PRIOR TO BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY MONITORING & ENFORCEMENT THE OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY TO DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICT. ANY POTENTIAL CONFLICTS OF INTEREST THAT ARISE SHOULD BE IMMEDIATELY REPORTED TO THE DIRECTOR OF HUMAN RESOURCES, IF SUCH CONFLICT ARISES, THE OFFICER, DIRECTOR, OR KEY EMPLOYEE WILL NOT BE ALLOWED TO VOTE ON THE ISSUE. FORM 990, PART VI, SECTION B, LINE 15A PROCESS FOR DETERMINING COMPENSATION: THE CEO MEETS WITH THE BOARD OF DIRECTORS FOR AN ANNUAL PERFORMANCE AND SALARY REVIEW. THE BOARD USES APPROPRIATE AND COMPARABLE COMPENSATION INFORMATION IN THIS EVALUATION. THE EVALUATION AND RELATED COMPENSATION IS VOTED ON BY THE COMMITTEE. THE BOARD PRESIDENT SENDS A LETTER REGARDING THE INCREASE TO THE CEO AND HUMAN RESOURCES. THIS PROCESS AND THE RESULTS ARE DOCUMENTED BY THE HUMAN RESOURCES DEPARTMENT. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FORM 990 MAY ALSO BE AVAILABLE ON OTHER WEBSITES SUCH AS WWW.GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. IN ADDITION, THE FORM 990 IS AVAILABLE VIA GUIDESTAR AND THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. FORM 990, PART XI, LINE 9: GAIN/(LOSS) ON SEPERATION 337,824. TRANSFER OF NET ASSETS TO AFFILIATES -177,917. FORM 990, PAGE 12, PART XII, LINE 2C THE ORGANIZATION DID NOT CHANGE EITHER ITS OVERSIGHT PROCESS OF THE AUDIT, REVIEW, OR COMPILATION OF ITS FINANCIAL STATEMENTS DURING THE TAX YEAR. IMPACT INC 420 PEARL STREET MALDEN MA 02148 043282285 SELF DEFENSE MA 501(C)(3) LINE 7 1 0 1 0 1 0 0 0 0 0 0 0 1 0 1 1 1 0 0 0 IMPACT INC N 321155 COST ALLOCATION PLAN IMPACT INC O 563313 PAYROLL AND BENEFIT DATA IMPACT INC P 1308364 BANK STATEMENT TRANSACTION DETAIL IMPACT INC D 266106 ACCOUNTING RECORDS IMPACT INC L 270000 CONTRACT SERVICE PAYMENTS IMPACT INC B 218189 GRANT EXPENSES