2024-01-16T12:34:35-05:00 2023-06-30 042917204 ANSTISS & CO PC 6 OMNI WAY STE 201 CHELMSFORD MA 018244187 990 2022-07-01 042693109 LOWELL PLAN INC LOWE 9784599899 660 SUFFOLK STREET LOWELL MA 01854 JOHN POWER CO-CHAIR 0097845998 2024-01-16 true JOHN POWER 999009999 false RICHARD B DIONNE P00142882 9784522500 2024-01-16 2022 2023-04-26 12:10:37Z JOHN POWER 660 SUFFOLK STREET LOWELL MA 01854 454556 false X WWW.LOWELLPLAN.ORG X 1980 MA THE LOWELL PLAN, INC. IS A PRIVATE NON-PROFIT ECONOMIC DEVELOPMENT ORGANIZATION THAT PROVIDES A FORUM FOR PRIVATE AND PUBLIC SECTOR LEADERS TO DISCUSS THE CITY OF LOWELL'S ECONOMIC, EDUCATIONAL, AND CULTURAL DEVELOPMENT AND THAT ALSO SUPPORTS AND ADVOCATES FOR PARTNERSHIP PROGRAMS THAT ADVANCE THE STRATEGIC GOALS OF THE ORGANIZATION. 27 27 1 38 0 222243 340167 48551 63977 36666 50412 0 307460 454556 0 0 107426 116713 0 0 227811 485536 335237 602249 -27777 -147693 2117219 2065384 22718 26032 2094501 2039352 X THE LOWELL PLAN, INC. IS A PRIVATE NON-PROFIT ECONOMIC DEVELOPMENT ORGANIZATION THAT PROVIDES A FORUM FOR PRIVATE AND PUBLIC SECTOR LEADERS TO DISCUSS THE CITY OF LOWELL'S ECONOMIC, EDUCATIONAL, AND CULTURAL DEVELOPMENT AND THAT ALSO SUPPORTS AND ADVOCATES FOR PARTNERSHIP PROGRAMS THAT ADVANCE THE STRATEGIC GOALS OF THE ORGANIZATION. false false 516486 63977 THE OBJECTIVE OF THE LOWELL PLAN, INC. IS TO PROVIDE THE GOOD IMAGE OF LOWELL AND TO ASSIST IN THE CITY'S CONTINUED REVITALIZATION BY MEANS OF VARIOUS PROJECTS: ACRE PROJECT, DOWNTOWN DEVELOPMENT, TROLLEY STUDY AND PUBLIC MATTERS. 516486 true true false false false false false false false true true false false false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 3 0 true 1 true false false false false false true true false false false false false false false false X 27 27 false false false false false false false true true false false true true true true false false true true false MA X MELISSA SURPRENANT 9784599899 660 SUFFOLK STREET SUITE 120 LOWELL MA 01854 X RAJIA ABDELAZIZ DIRECTOR X 0 0 0 JOE BARTOLOTTA DIRECTOR X 0 0 0 JEFF BROWN DIRECTOR X 0 0 0 GARY CAMPBELL CO-CHAIR X X 0 0 0 BRUCE CASTLEBERRY DIRECTOR X 0 0 0 BRIAN L CHAPMAN DIRECTOR X 0 0 0 JOHN CHEMALY DIRECTOR X 0 0 0 JACK CLANCY CLERK/SECRET X X 0 0 0 MARK S COCHRAN TREASURER X X 0 0 0 CHARLES DESOURDY DIRECTOR X 0 0 0 ALLISTAIR FORMER DIRECTOR X 0 0 0 SUSAN GRIFFIN DIRECTOR X 0 0 0 JAMES B HOGAN DIRECTOR X 0 0 0 JAMES F LINNEHAN JR DIRECTOR X 0 0 0 ALLISON LAMEY EXECUTIVE DI X X 0 0 0 SUSAN WEST LEVINE DIRECTOR X 0 0 0 JAMES LICHOULAS DIRECTOR X 0 0 0 ANTHONY NGANGA DIRECTOR X 0 0 0 ANDREW PATTON DIRECTOR X 0 0 0 JOHN POWER CO-CHAIR X X 0 0 0 MOULI RAMANI DIRECTOR X 0 0 0 MICHAEL REILLY DIRECTOR X 0 0 0 ROBERT RIVERS DIRECTOR X 0 0 0 MATT ROBBINS DIRECTOR X 0 0 0 WILLIAM SOUCY DIRECTOR X 0 0 0 JASON STEPHENS DIRECTOR X 0 0 0 JODY WHITE DIRECTOR X 0 0 0 false false false 340167 340167 BREAKFAST TICKET SALES 900099 23977 23977 PUBLIC MATTERS TUITION FEES 900099 17500 17500 TDI AGREEMENT 900099 16000 16000 NPS AGREEMENT 900099 6500 6500 63977 32697 32697 17715 17715 17715 17715 454556 81692 32697 X 78968 63646 15322 12169 10237 1932 19608 16581 3027 5968 5021 947 77500 58125 19375 1307 1307 18200 18200 17130 17130 355995 355609 386 5670 1451 4219 3026 296 2730 PROGRAM EXPENSES 3963 3963 CONTRIBUTION EXPENSE 1750 250 1500 CATERING EXPENSE 995 995 602249 516486 85763 0 135412 323614 1827982 1669518 148574 60691 4080 3110 7939 7939 1171 8451 2117219 2065384 22718 26032 22718 26032 X 22421 25092 2072080 2014260 2094501 2039352 2117219 2065384 -147693 92544 X false true X true false X 381455 871930 255383 222243 340167 2071178 381455 871930 255383 222243 340167 2071178 258288 1812890 14948 27190 24328 21440 31697 119603 2190781 147438 0.82750 0.83280 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 912703 89300 133157 17130 1118030 909838 148000 -127216 17919 912703 574393 171000 177714 13269 909838 100000 452413 28101 6121 574393 100000 100000 true false 7939 7939 X 547100 92544 92544 454556 454556 602249 602249 602249 SCHEDULE D, PAGE 2, PART V, LINE 4 THE PURPOSE OF THE FUND IS TO PROVIDE ANNUAL SUPPORT IN FURTHERANCE OF LOWELL PLAN'S MISSION WHICH IS COMPRISED OF: (1) TO FACILITATE AND ADVOCATE FOR TRANSFORMATIVE DATA-DRIVEN CHANGE THROUGH BIG-PICTURE, FORWARD THINKING VISIONING AND COLLABORATIVE STRATEGIC PLANNING; AND (2) TO FOSTER COLLABORATION ACROSS PRIVATE, NON-PROFIT, AND PUBLIC SECTORS IN LOWELL THAT IMPACTS THE REGION. SCHEDULE D, PAGE 3, PART X THE ORGANIZATION, INCORPORATED UNDER CHAPTER 180 OF THE MASSACHUSETTS GENERAL LAWS AS A TAX EXEMPT ENTITY, HAS BEEN GRANTED TAX-EXEMPT STATUS UNDER INTERNAL REVENUE SERVICE CODE SECTION 501(C)(3) AND IS, THEREFORE, GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED FOR IN THE ACCOMPANYING FINANCIAL STATEMENTS. EFFECTIVE WITH THE CURRENT YEAR THE ORGANIZATION IS REQUIRED BY ASC 740-10 (FORMERLY FASB INTERNATIONAL NO.48M ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES) TO EVALUATE AND DISCLOSE TAX POSITIONS THAT COULD HAVE AN EFFECT ON THE ORGANIZATIONS FINANCIAL STATEMENTS. THE ORGANIZATION REPORTS IT ACTIVITIES TO THE INTERNAL REVENUE SERVICE AND TO THE COMMONWEALTH OF MASSACHUSETTS ON AN ANNUAL BASIS. THESE INFORMATIONAL RETURNS ARE GENERALLY SUBJECT TO AUDIT AND REVIEW BY THE GOVERNMENTAL AGENCIES FOR A PERIOD OF THREE YEARS AFTER FILING. SUBSTANTIALLY ALL OF THE ORGANIZATIONS INCOME, EXPEDITURES AND ACTIVITIES RELATE TO ITS EXEMPT PURPOSE, THEREFORE, MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAXES AND WILL CONTINUE TO QUALIFY AS A TAX EXEMPT NOT- FOR-PROFIT ENTITY. FORM 990 - ORGANIZATION'S MISSION THE LOWELL PLAN, INC. IS A PRIVATE NON-PROFIT ECONOMIC DEVELOPMENT ORGANIZATION THAT PROVIDES A FORUM FOR PRIVATE AND PUBLIC SECTOR LEADERS TO DISCUSS THE CITY OF LOWELL'S ECONOMIC, EDUCATIONAL, AND CULTURAL DEVELOPMENT AND THAT ALSO SUPPORTS AND ADVOCATES FOR PARTNERSHIP PROGRAMS THAT ADVANCE THE STRATEGIC GOALS OF THE ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED BY THE ORGANIZATION'S OFFICERS AND EXECUTIVE COMMITTEE PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C THE DIRECTORS AND OFFICERS OF THE CORPORATION MAY BE INTERESTED DIRECTLY OR INDIRECTLY IN ANY CONTRACT RELATING TO OR INCIDENTAL TO THE OPERATIONS CONDUCTED BY THE CORPORATION, AND MAY FREELY MAKE CONTRACTS, ENTER TRANSACTIONS OR OTHERWISE ACT FOR AND ON BEHALF OF THE CORPORATION NOTWITHSTANDING THAT THEY MAY ALSO BE ACTING AS INDIVIDUALS, OR AS TRUSTEES OF TUSTS, OR AS AGENTS FOR OTHER PERSON OR CORPORATIONS, OR MAY BE INTERESTED IN THE SAME MATTERS AS MEMBERS, DIRECTORS, OR OTHERWISE; PROVIDED, HOWEVER, THAT ANY CONTRACT, TRANSACTION OR ACT ON BEHALF OF THE CORPORATION IN A MATTER IN WHICH THE DIRECTORS OR OFFICERS ARE PERSONALLY INTERESTED AS MEMBERS, DIRECTORS, OR OTHERWISE, SHALL BE AT ARMS LENGTH AND NOT VIOLATIVE OF THE PROSCRIPTIONS IN THE ARTICLES OF ORGANIZATION AGAINST THE CORPORATION'S USE OR APPLICATION OF ITS FUNDS FOR PRIVATE BENFIT; AND PROVIDED FURTHER, THAT NO CONTRACT, TRANSACTIONS OR ACT SHALL BE TAKEN ON BEHALF OF THE CORPORATION IF SUCH CONTRACT, TRANSACTIONS, OR ACT IS A PROHIBITED TRANSACTION OR WOULD RESULT IN DENIAL OF THE TAX EXEMPTION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OR ITS REGULATIONS AS THEY NOW EXIST OR AS THEY MAY HEREAFTER BE AMENDED. IN NO EVENT, HOWEVER, SHALL ANY PERSON OR OTHER ENTITY DEALING WITH THE DIRECTORS OR OFFICERS TO ENTER IN AN CONSUMMATE ANY CONTRACT, TRANSACTION OR OTHER ACTIONS. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION PROCESS FOR TOP OFFICIAL SURVEY OF COMPARABLE DATA. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION PROCESS FOR TOP OFFICIAL SURVEY OF COMPARABLE DATA. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION AT THE ORGANIZATION'S OFFICE. FORM 990, PART IX, LINE 11G OTHER FEES 355,609 386 0