Skip to main content

Nonprofit · EIN 04-2162427

INDEPENDENT ASSOCIATION OF FRAMINGHAM STATE ALUMNI

Tax-exempt · FRAMINGHAM, MA 01702

Financials

$347K$286K2021$348K$263K2022$266K$228K2023$387K$311K2024
Revenue Expenses · by fiscal year end
Financials of INDEPENDENT ASSOCIATION OF FRAMINGHAM STATE ALUMNI by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
April 30, 2025990$387,356$310,943$76,413$2,088,863$120,506$1,968,357
April 30, 2024990$265,850$227,624$38,226$2,165,224$118,970$2,046,254
April 30, 2023990$347,666$262,815$84,851$2,124,503$119,859$2,004,644
April 30, 2022990$346,717$285,548$61,169$2,184,371$121,723$2,062,648
Financial details: 990 for the year ended April 30, 2025

Revenue

Contributions, gifts and grants
$65,906
Program service revenue
$0
Investment income
$321,450
Net gain from sales of assets
$274,382
Other revenue
$0

Expenses

Grants and similar amounts paid
$117,559
Other salaries and wages
$584
Salaries, compensation and benefits (total)
$2,119
Professional fundraising fees
$0
Accounting fees
$37,907
Occupancy
$3,882
Depreciation
$7,009
Program services (functional)
$117,559
Management and general (functional)
$148,648
Fundraising (functional)
$44,736

Balance sheet and other

Total assets, start of year
$2,165,224
Total assets, end of year
$2,088,863
Total liabilities, end of year
$120,506
Net assets, end of year
$1,968,357
Land, buildings and equipment
$145,879
Publicly traded securities
$1,904,154
Net assets without donor restrictions
$734,755
Net assets with donor restrictions
$1,233,602
Gross receipts
$2,237,102
Employees
1
Volunteers
35
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended April 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
HEATHER LEEPRESIDENT
Trustee or director, Officer
6$0
MARY KENNEY LISCOMBEVICE PRESIDENT ACTING
Trustee or director, Officer
1$0
MARCIA COKER MATTEROTREASURER
Trustee or director, Officer
1$0
DEBORAH STEWART ADAMSHOUSE CHAIR
Trustee or director
8$0
PATRICIA DOHERTY BERLANDIEXECUTIVE BOARD MEMBER
Trustee or director
6$0
ANDREW DIORIOEXECUTIVE BOARD MEMBER
Trustee or director
1$0
JUDITH DUPUIS FITZGERALDEXECUTIVE BOARD MEMBER
Trustee or director
5$0
CARLA PEPKAEXECUTIVE BOARD MEMBER
Trustee or director
5$0
DOROTHY O'DONNELL VERDYEXECUTIVE BOARD MEMBER
Trustee or director
5$0
LORRAINE LENNONCHAIR ELLEN HYDE
Trustee or director
1$0
SHEILA JEFFREYCHAIR AMELIA DAVIS
Trustee or director
1$0
990 for the year ended April 30, 2024: 10 people
NameTitleHours / weekCompensation
HEATHER LEEPRESIDENT
Trustee or director, Officer
6$0
MARY KENNEY LISCOMBEVICE PRESIDE
Trustee or director, Officer
1$0
MARCIA COKER MATTEROTREASURER
Trustee or director, Officer
1$0
ANDREW DIORIOEXEC BOARD M
Trustee or director
1$0
JOYCE MORRISSEY DONOHUEEXEC BOARD M
Trustee or director
1$0
PATRICIA DOHERTY BERLANDIEXEC BOARD M
Trustee or director
6$0
LORRAINE LENNONEXEC BOARD M
Trustee or director
1$0
SHEILA JEFFREYEXEC BOARD M
Trustee or director
1$0
CARLA PEPKAEXEC BOARD M
Trustee or director
1$0
DEBORAH STEWART ADAMSEXEC BOARD M
Trustee or director
8$0
990 for the year ended April 30, 2023: 11 people
NameTitleHours / weekCompensation
FRANCESCA CERUTTI-HARRIS 0323FORMER EXECUTIVE DIRECTOR
Former
37.5$49,317
ANDREW DIORIODIRECTOR
Trustee or director
1$0
HEATHER LEEPRESIDENT
Trustee or director, Officer
6$0
JOYCE MORRISSEY DONOHUEDIRECTOR
Trustee or director
1$0
MARCIA COKER MATTEROTREASURER
Trustee or director, Officer
1$0
MARY KENNEY LISCOMBEVICE - PRESIDENT
Trustee or director, Officer
1$0
PATRICIA DOHERTY BERLANDIDIRECTOR
Trustee or director, Officer
6$0
DEBORAH ADAMSDIRECTOR
Trustee or director
8$0
LORRAINE LENNONDIRECTOR
Trustee or director
1$0
SHEILA JEFFREYDIRECTOR
Trustee or director
1$0
CARLA PEPKADIRECTOR
Trustee or director
1$0
990 for the year ended April 30, 2022: 15 people
NameTitleHours / weekCompensation
FRANCESCA CERUTTI-HARRISEXECUTIVE DIRECTOR
Trustee or director, Officer
37.5$55,010
COLLEEN MAXFIELD 0621ASSISTANT TO DIRECTOR
Trustee or director
17$7,327
ANDREW DIORIODIRECTOR
Trustee or director
1$0
ANNE FERRARI-GREENBERGDIRECTOR
Trustee or director
1$0
HEATHER LEEVICE PRESIDENT
Trustee or director, Officer
3$0
JOYCE MORRISSEY DONOHUEDIRECTOR
Trustee or director
1$0
KATHLEEN HURSENDIRECTOR
Trustee or director
2$0
MARCIA COKER MATTEROTREASURER
Trustee or director, Officer
2$0
MARY KENNEY LISCOMBEPRESIDENT
Trustee or director, Officer
3$0
PATRICIA DOHERTY BERLANDIDIRECTOR
Trustee or director, Officer
1$0
KAYLA HOPKINSDIRECTOR
Trustee or director
1$0
JOSHUA SNEIDERMANDIRECTOR
Trustee or director
1$0
HANNAH ROSE NESBITTDIRECTOR
Trustee or director
1$0
DEBORAH ADAMSDIRECTOR
Trustee or director
4$0
LORAINE LENNONDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
42 ADAMS RD, FRAMINGHAM, MA 01702-2456
In care of
% HEATHER LEE
Principal officer (990 for 2024)
HEATHER LEE, 42 ADAMS ROAD, FRAMINGHAM, MA 01702
Signed the 990
HEATHER LEE, PRESIDENT
Phone
(508) 872-9770
Return prepared by
SCOTT P GALLAGHER CPA

Mission

ADMINISTRATION OF BENEVOLENT FUNDS AND MAINTAINING ALUMNI HOUSE

990 for the year ended April 30, 2025

Program accomplishments

  • STUDENT SCHOLARSHIPS, AWARDS AND GRANTS
    Expenses $117,559 · grants $117,559

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in April, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025April 30, 2026September 15, 2026Not on file
2024April 30, 2025September 15, 2025990 on file
2023April 30, 2024September 16, 2024990 on file

IRS record

EIN
04-2162427
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1986
Accounting year ends
April
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B84Z)
Assets (IRS master file)
$2,088,863
Income (IRS master file)
$2,237,102

Filing history

FormYear endedRevenueExpensesAssetsReturn
990April 2025$387,356$310,943$2,088,863XML
990April 2024$265,850$227,624$2,165,224XML
990April 2023$347,666$262,815$2,124,503XML
990April 2022$346,717$285,548$2,184,371XML
990April 2021–––IRS
990April 2020–––IRS
990April 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2162427).

Questions about INDEPENDENT ASSOCIATION OF FRAMINGHAM STATE ALUMNI

What is the EIN of INDEPENDENT ASSOCIATION OF FRAMINGHAM STATE ALUMNI?
The employer identification number (EIN) of INDEPENDENT ASSOCIATION OF FRAMINGHAM STATE ALUMNI is 04-2162427.
Is INDEPENDENT ASSOCIATION OF FRAMINGHAM STATE ALUMNI tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
Are donations to INDEPENDENT ASSOCIATION OF FRAMINGHAM STATE ALUMNI tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does INDEPENDENT ASSOCIATION OF FRAMINGHAM STATE ALUMNI file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of INDEPENDENT ASSOCIATION OF FRAMINGHAM STATE ALUMNI due?
The return for tax year 2025 (the year ending April 30, 2026) is due September 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INDEPENDENT ASSOCIATION OF FRAMINGHAM STATE ALUMNI last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended April 2025.
Who is the principal officer of INDEPENDENT ASSOCIATION OF FRAMINGHAM STATE ALUMNI?
The 990 for the year ended April 30, 2025 names HEATHER LEE.
Who are the officers and directors of INDEPENDENT ASSOCIATION OF FRAMINGHAM STATE ALUMNI?
The 990 for the year ended April 30, 2025 lists 11 people; 0 received compensation from the organization.
How much revenue does INDEPENDENT ASSOCIATION OF FRAMINGHAM STATE ALUMNI have?
On its 990 for the year ended April 30, 2025 it reported revenue of $387,356, expenses of $310,943 and total assets of $2,088,863 at year end.

Other nonprofits in FRAMINGHAM

All nonprofits in FRAMINGHAM · Massachusetts · Education