Nonprofit · EIN 04-6050451
MASSACHUSETTS ELKS SCHOLARSHIP INC
Tax-exempt · LYNNFIELD, MA 01940
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2026 | 990 | $1,097,179 | $746,642 | $350,537 | $13,819,339 | $1,766 | $13,817,573 |
| May 31, 2025 | 990 | $612,733 | $656,091 | -$43,358 | $12,315,379 | $2,797 | $12,312,582 |
| May 31, 2024 | 990 | $1,195,943 | $503,664 | $692,279 | $11,830,745 | $1,709 | $11,829,036 |
Financial details: 990 for the year ended May 31, 2026
Revenue
- Contributions, gifts and grants
- $217,625
- Program service revenue
- $0
- Investment income
- $879,554
- Net gain from sales of assets
- $537,751
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $537,600
- Other salaries and wages
- $43,400
- Salaries, compensation and benefits (total)
- $55,337
- Professional fundraising fees
- $0
- Accounting fees
- $11,000
- Occupancy
- $9,607
- Travel
- $15,601
- Program services (functional)
- $735,642
- Management and general (functional)
- $11,000
Balance sheet and other
- Total assets, start of year
- $12,315,379
- Total assets, end of year
- $13,819,339
- Total liabilities, end of year
- $1,766
- Net assets, end of year
- $13,817,573
- Publicly traded securities
- $8,229,156
- Net assets without donor restrictions
- $13,817,573
- Gross receipts
- $4,926,341
- Employees
- 1
- Volunteers
- 0
- Year formed
- 1928
- 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 May 31, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOSEPH V BALESTRIERI | DIRECTOR Trustee or director | 5 | $0 |
| DAVID G CHARBONNEAU | DIRECTOR Trustee or director | 5 | $0 |
| STACY RICE | DIRECTOR Trustee or director | 5 | $0 |
| PETER KRISAK | DIRECTOR Trustee or director | 5 | $0 |
| DARLENE MACDONALD | DIRECTOR Trustee or director | 5 | $0 |
| PETER PLECINOGA | STATE PRESIDENT Trustee or director | 5 | $0 |
| WILLIAM J HOPKINS III | PRESIDENT Officer | 5 | $0 |
| DENISE O SHURTLEFF | VICE-PRESIDENT Officer | 5 | $0 |
| JOHN J WHITE | TREASURER Officer | 5 | $0 |
| KATHERINE K PEARSON | SECRETARY Officer | 5 | $0 |
990 for the year ended May 31, 2025: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOSEPH V BALESTRIERI | DIRECTOR Trustee or director | 5 | $0 |
| DAVID G CHARBONNEAU | DIRECTOR Trustee or director | 5 | $0 |
| STACY RICE | DIRECTOR Trustee or director | 5 | $0 |
| PETER KRISAK | DIRECTOR Trustee or director | 5 | $0 |
| DARLENE MACDONALD | DIRECTOR Trustee or director | 5 | $0 |
| WILLIAM J HOPKINS III | PRESIDENT Officer | 5 | $0 |
| DENISE O SHURTLEFF | VICE-PRESIDENT Officer | 5 | $0 |
| JOHN J WHITE | TREASURER Officer | 5 | $0 |
| KATHERINE K PEARSON | SECRETARY Officer | 5 | $0 |
990 for the year ended May 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOSEPH V BALESTRIERI | DIRECTOR Trustee or director | 5 | $0 |
| DAVID G CHARBONNEAU | DIRECTOR Trustee or director | 5 | $0 |
| DARLENE MACDONALD | DIRECTOR Trustee or director | 5 | $0 |
| STACY RICE | DIRECTOR Trustee or director | 5 | $0 |
| PETER KRISAK | DIRECTOR Trustee or director | 5 | $0 |
| WILLIAM J HOPKINS III | PRESIDENT Officer | 5 | $0 |
| DENISE O SHURTLEFF | VICE-PRESIDENT Officer | 5 | $0 |
| JOHN J WHITE | TREASURER Officer | 5 | $0 |
| KATHLEEN K PEARSON | SECRETARY Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 63 BAY STATE RD, LYNNFIELD, MA 01940-2534
- Principal officer (990 for 2025)
- WILLIAM HOPKINS III, 63 BAY STATE ROAD, LYNNFIELD, MA 01940
- Signed the 990
- WILLIAM HOPKINS III, PRESIDENT
- Phone
- (781) 246-5900
- Return prepared by
- O'CONNOR MALONEY & CO CPA'S
Mission
TO PROVIDE SCHOLARSHIPS TO DESERVING STUDENTS.
Program accomplishments
- COLLEGE TUITION GRANTS AWARDED TO UNDERGRADUATE COLLEGE STUDENTS.Expenses $735,642 · grants $537,600
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 May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | 990 on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 04-6050451
- 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
- 1942
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82Z)
- Assets (IRS master file)
- $13,819,339
- Income (IRS master file)
- $4,926,341
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2026 | $1,097,179 | $746,642 | $13,819,339 | XML |
| 990 | May 2025 | $612,733 | $656,091 | $12,315,379 | XML |
| 990 | May 2024 | $1,195,943 | $503,664 | $11,830,745 | XML |
| 990 | May 2023 | $967,571 | $456,020 | $10,634,586 | IRS |
| 990 | May 2022 | $1,043,534 | $491,147 | $10,963,353 | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | IRS |
| 990 | May 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 04-6050451).
Questions about MASSACHUSETTS ELKS SCHOLARSHIP INC
- What is the EIN of MASSACHUSETTS ELKS SCHOLARSHIP INC?
- The employer identification number (EIN) of MASSACHUSETTS ELKS SCHOLARSHIP INC is 04-6050451.
- Is MASSACHUSETTS ELKS SCHOLARSHIP INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1942.
- Are donations to MASSACHUSETTS ELKS SCHOLARSHIP INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MASSACHUSETTS ELKS SCHOLARSHIP INC 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 MASSACHUSETTS ELKS SCHOLARSHIP INC due?
- The return for tax year 2026 (the year ending May 31, 2027) is due October 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MASSACHUSETTS ELKS SCHOLARSHIP INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2026.
- Who is the principal officer of MASSACHUSETTS ELKS SCHOLARSHIP INC?
- The 990 for the year ended May 31, 2026 names WILLIAM HOPKINS III.
- Who are the officers and directors of MASSACHUSETTS ELKS SCHOLARSHIP INC?
- The 990 for the year ended May 31, 2026 lists 10 people; 0 received compensation from the organization.
- How much revenue does MASSACHUSETTS ELKS SCHOLARSHIP INC have?
- On its 990 for the year ended May 31, 2026 it reported revenue of $1,097,179, expenses of $746,642 and total assets of $13,819,339 at year end.
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- CATHEDRAL HIGH ALUMNI ASSOCIATION EIN 55-0792516 · last filed 990-N for 2024
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