Nonprofit · EIN 04-3321535
MASSACHUSETTS AFL-CIO SCHOLARSHIP CORP
Tax-exempt · BOSTON, MA 02108
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $68,537 | $124,550 | -$56,013 | $836,397 | $148,831 | $687,566 |
| December 31, 2023 | 990-PF | $11,693 | $105,466 | -$93,773 | $811,734 | $116,085 | $695,649 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $23,000
- Dividends
- $18,879
- Interest
- $86
- Net gain from sales of assets
- $26,572
Expenses
- Grants and similar amounts paid
- $87,368
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $19,173
- Disbursements for charitable purposes
- $87,368
- Excise tax on investment income
- $633
Balance sheet and other
- Total assets, start of year
- $811,734
- Total assets, end of year
- $836,397
- Total liabilities, end of year
- $148,831
- Net assets, end of year
- $687,566
- Fair market value of assets
- $836,397
- Qualifying distributions
- $87,368
- Net investment income
- $45,537
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-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FRANK CALLAHAN 8 BEACON STREET 3RD FLOOR, BOSTON, MA 02108 | DIRECTOR | 1 | $0 |
| CHRISTINE LYNCH 8 BEACON STREET 3RD FLOOR, BOSTON, MA 02108 | PRESIDENT | 1 | $0 |
| KEVIN BROUSSEAU 8 BEACON STREET 3RD FLOOR, BOSTON, MA 02108 | SEC TREASURER | 1 | $0 |
990-PF for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVEN TOLMAN 389 MAIN STREET, MALDEN, MA 021485017 | PRESIDENT (P) | 2 | $0 |
| LOUIS MANDARINI JR 389 MAIN STREET, MALDEN, MA 021485017 | SEC TREASURER (P) | 1 | $0 |
| FRANK CALLAHAN 389 MAIN STREET, MALDEN, MA 021485017 | DIRECTOR | 1 | $0 |
| JEFF BOLLEN 389 MAIN STREET, MALDEN, MA 021485017 | DIRECTOR (P) | 1 | $0 |
| CHRISTINE LYNCH 389 MAIN STREET, MALDEN, MA 021485017 | PRESIDENT | 1 | $0 |
| KEVIN BROUSSEAU 389 MAIN STREET, MALDEN, MA 021485017 | SEC TREASURER | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 8 BEACON STREET 3RD FLOOR, BOSTON, MA 02108-3750
- Signed the 990-PF
- CHRISTINE LYNCH, PRESIDENT
- Phone
- (617) 244-8230
- Return prepared by
- NOVAK FRANCELLA LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 04-3321535
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1997
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $836,397
- Income (IRS master file)
- $662,617
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $68,537 | $124,550 | $836,397 | IRS |
| 990-PF | December 2023 | $11,693 | $105,466 | $811,734 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | 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 04-3321535).
Questions about MASSACHUSETTS AFL-CIO SCHOLARSHIP CORP
- What is the EIN of MASSACHUSETTS AFL-CIO SCHOLARSHIP CORP?
- The employer identification number (EIN) of MASSACHUSETTS AFL-CIO SCHOLARSHIP CORP is 04-3321535.
- Is MASSACHUSETTS AFL-CIO SCHOLARSHIP CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to MASSACHUSETTS AFL-CIO SCHOLARSHIP CORP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MASSACHUSETTS AFL-CIO SCHOLARSHIP CORP file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MASSACHUSETTS AFL-CIO SCHOLARSHIP CORP due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MASSACHUSETTS AFL-CIO SCHOLARSHIP CORP last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of MASSACHUSETTS AFL-CIO SCHOLARSHIP CORP?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does MASSACHUSETTS AFL-CIO SCHOLARSHIP CORP have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $68,537, expenses of $124,550 and total assets of $836,397 at year end.
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