Nonprofit · EIN 56-2321963
MASSACHUSETTS BUSINESS AVIATION ASSOCIATION INC
Tax-exempt · WAYLAND, MA 01778
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $167,214 | $140,819 | $26,395 | $61,441 | $0 | $61,441 |
| December 31, 2024 | 990-EZ | $197,103 | $195,519 | $1,584 | $35,046 | $0 | $35,046 |
| December 31, 2023 | 990-EZ | $187,685 | $173,023 | $14,662 | $33,462 | $0 | $33,462 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $3,157
- Program service revenue
- $216,924
- Investment income
- $0
- Net income from fundraising events
- -$52,867
- Other revenue
- -$52,867
Expenses
- Grants and similar amounts paid
- $12,991
- Compensation of officers, directors and key employees
- $28,100
- Salaries, compensation and benefits (total)
- $28,100
- Professional fundraising fees
- $0
Balance sheet and other
- Total assets, start of year
- $35,046
- Total assets, end of year
- $61,441
- Total liabilities, end of year
- $0
- Net assets, end of year
- $61,441
- Net assets without donor restrictions
- $61,441
- Gross receipts
- $243,664
- Employees
- 0
- Volunteers
- 11
- Year formed
- 2001
- 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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RUSSELL ARENA | EXECUTIVE DIRECTOR Officer | 20 | $28,100 |
| DAVID RICHTER | PRESIDENT Trustee or director, Officer | 1 | $0 |
| LARA JAUGUST | TREASURER Trustee or director, Officer | 1 | $0 |
| ERIN MULCAHY | SECRETARY Trustee or director, Officer | 1 | $0 |
| SEAN PETERSON | DIRECTOR Trustee or director | 1 | $0 |
| GARRY MELIA | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL TENTINDO | DIRECTOR Trustee or director | 1 | $0 |
| PAM DAY | DIRECTOR Trustee or director | 1 | $0 |
| JENNENE PASQUAROSA | DIRECTOR Trustee or director | 1 | $0 |
990-EZ for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Russell Arena | Executive Director | 20 | $28,500 |
| David Richter | President | 1 | $0 |
| Lara Jaugust | Treasurer | 1 | $0 |
| Erin Mulcahy | Secretary | 1 | $0 |
| Sean Peterson | Director | 1 | $0 |
| Garry Melia | Director | 1 | $0 |
| Michael Tentindo | Director | 1 | $0 |
| Pam Day | Director | 1 | $0 |
| Jennene Pasquarosa | Director | 1 | $0 |
990-EZ for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Russell Arena | Executive Director | 10 | $23,790 |
| David Richter | President | 1 | $0 |
| Lara Jaugust | Treasurer | 1 | $0 |
| Andrew Franza | Vice President | 1 | $0 |
| Erin Mulcahy | Secretary | 1 | $0 |
| Sean Peterson | Director | 1 | $0 |
| Garry Melia | Director | 1 | $0 |
| Zoie Lawton | Director | 1 | $0 |
| Pam Day | Director | 1 | $0 |
| Ryan Retelle | Director | 1 | $0 |
| Jennene Pasquarosa | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 5396, WAYLAND, MA 01778-6396
- Mailing address (990-N for 2012)
- 60 Thoreau St, Concord MA 01742
- Principal officer (990 for 2025)
- DAVID RICHTER, PO BOX 5396, WAYLAND, MA 01778
- Principal officer (990-N for 2012)
- Tobias Kleitman Treasurer, 150 Lincoln, Boston MA 02111
- Signed the 990
- DAVID RICHTER, PRESIDENT
- Phone
- (617) 308-2387
- Website
- www.massav.org
- Return prepared by
- AAFCPAS INC
Mission
MBAA IS FOCUSED ON HELPING BUSINESS AVIATION SUCCEED IN MASSACHUSETTS AND BEYOND BY ADDRESSING AND RESPONDING TO THE FULL RANGE OF ISSUES AFFECTING THE BUSINESS AND GENERAL AVIATION COMMUNITY, INCLUDING SAFETY, SECURITY, OPERATIONAL EFFECTIVENESS, COMMUNITY, GOVERNMENT RELATIONS, AND ENVIRONMENTAL CONCERNS.
Program accomplishments
- SCHOLARSHIPS FOR STUDENTS WHO ARE STUDYING AVIATION PROGRAMS AND ARE MASSACHUSETTS RESIDENTS
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 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 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 56-2321963
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2009
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $61,441
- Income (IRS master file)
- $243,664
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $167,214 | $140,819 | $61,441 | XML |
| 990-EZ | December 2024 | $197,103 | $195,519 | $35,046 | IRS |
| 990-EZ | December 2023 | $187,685 | $173,023 | $33,462 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-N for 2012 Officer: Tobias Kleitman Treasurer | December 31, 2012 | ≤ $50,000 receipts | – | – | e-Postcard |
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 56-2321963).
Questions about MASSACHUSETTS BUSINESS AVIATION ASSOCIATION INC
- What is the EIN of MASSACHUSETTS BUSINESS AVIATION ASSOCIATION INC?
- The employer identification number (EIN) of MASSACHUSETTS BUSINESS AVIATION ASSOCIATION INC is 56-2321963.
- Is MASSACHUSETTS BUSINESS AVIATION ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2009.
- Are donations to MASSACHUSETTS BUSINESS AVIATION ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MASSACHUSETTS BUSINESS AVIATION ASSOCIATION 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 BUSINESS AVIATION ASSOCIATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MASSACHUSETTS BUSINESS AVIATION ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of MASSACHUSETTS BUSINESS AVIATION ASSOCIATION INC?
- The 990 for the year ended December 31, 2025 names DAVID RICHTER.
- Who are the officers and directors of MASSACHUSETTS BUSINESS AVIATION ASSOCIATION INC?
- The 990 for the year ended December 31, 2025 lists 9 people; 1 received compensation from the organization, the highest $28,100 (RUSSELL ARENA, EXECUTIVE DIRECTOR).
- How much revenue does MASSACHUSETTS BUSINESS AVIATION ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $167,214, expenses of $140,819 and total assets of $61,441 at year end.
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