2024-11-11T09:25:25-06:00 2023-12-31 992277914 EAG NEW ENGLAND LLC 160 FEDERAL STREET 9TH FLOOR BOSTON MA 02110 990 2023-01-01 454788246 GREENTOWNORG INC GREE 8889546836 444 SOMERVILLE AVE SOMERVILLE MA 02143 LAURA TEICHER PRESIDENT/EXECUTIVE DIRECTOR 8889546836 2024-11-11 1 0 EUGENE BORGONZI P01269879 6172276161 2024-11-07 2023 2024-10-15 13:58:12Z FORGE LAURA TEICHER 444 SOMERVILLE AVE SOMERVILLE MA 02143 1628406 0 X HTTPS://FORGEIMPACT.ORG X 2011 MA TO HELP INNOVATORS WITH PHYSICAL PRODUCTS NAVIGATE THE JOURNEY FROM PROTOTYPE THROUGH TO COMMERCIALIZATION AND IMPACT AT SCALE. 8 8 15 0 0 0 939250 1628406 0 0 0 0 0 0 939250 1628406 125000 94000 0 0 665692 841425 0 0 201925 400803 636373 1191495 1571798 -252245 56608 636558 480101 341644 199100 294914 281001 TO HELP INNOVATORS WITH PHYSICAL PRODUCTS NAVIGATE THE JOURNEY FROM PROTOTYPE THROUGH TO COMMERCIALIZATION AND IMPACT AT SCALE. 0 0 1074488 94000 0 THE ORGANIZATION STRENGTHENS REGIONAL ECONOMIES THROUGH PROGRAMMING THAT POWERS THE DEVELOPMENT OF EMERGING HARDTECH SOLUTIONS AND ENABLES LOCAL MANUFACTURING. PROGRAMMING INCLUDES PRODUCT DEVELOPMENT SUPPORT, MANUFACTURING READINESS EDUCATION, AND DIRECT FACILITATION OF LOCAL MANUFACTURING PARTNERSHIPS. THE ORGANIZATION ALSO PROVIDES NON-DILUTIVE PRODUCT DEVELOPMENT GRANTS, WHICH ARE DEPLOYED TO HIGH POTENTIAL STARTUPS TO SUPPORT ACHIEVING DISCRETE AND CRITICAL PRODUCT MILESTONES TO POSITION THE COMPANY TO UNLOCK NEXT STAGE TRACTION AND, ULTIMATELY, SCALED MANUFACTURING PRODUCTION. 1074488 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 19 0 15 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 0 0 0 MA CT X LAURA TEICHER 8889546836 444 SOMERVILLE AVE SOMERVILLE MA 02143 RODNEY DOWELL CHAIRMAN/DIRECTOR 1.00 X X 0 0 0 SARAH JANE MAXTED TREASURER/DIRECTOR 1.00 X X 0 0 0 DANA CORDOVA DIRECTOR (THRU 6/14/23) 1.00 X 0 0 0 JULIE CHEN DIRECTOR 1.00 X 0 0 0 RAJ MELVILLE DIRECTOR 1.00 X 0 0 0 NINA BIRGER DIRECTOR 1.00 X 0 0 0 ELISSA KINGSLAND CLERK/DIRECTOR (THRU 06/23) 1.00 X X 0 0 0 ARTHUR TRAPOTSIS DIRECTOR 1.00 X 0 0 0 BEN DOWNING DIRECTOR (APPT 3/3/23) 1.00 X 0 0 0 ONYEKA OBIOCHA DIRECTOR (APPT 12/6/23) 1.00 X 0 0 0 LAURA TEICHER PRESIDENT/EXECUTIVE DIRECTOR 40.00 X 163269 0 25285 ANYA LOSIK CLERK(APPT 9/2023)/CHIEF OF STAFF 40.00 X 86988 0 11728 ADAM RODRIGUES VICE PRESIDENT 40.00 X 137993 0 19471 PAUL DAMIAN BUTLER DIRECTOR OF PARTNERSHIPS 40.00 X 102539 0 1112 490789 0 57596 3 0 1 0 CARLTON PR & MARKETING 45 BANKS AVE LEXINGTON MA 02421 PUBLIC RELATIONS/MARKETING 194212 1 1110686 517720 1628406 1628406 0 0 0 X 94000 94000 264201 176644 36585 50972 467726 315069 62793 89864 45183 27832 8256 9095 64315 44236 7462 12617 7258 4728 2530 118561 66987 48209 3365 28000 28000 362194 291586 65086 5522 31091 24148 6471 472 6986 511 6475 8982 1000 7982 7665 7665 33134 23998 8932 204 5053 3115 920 1018 PROFESSIONAL DEVELOPMEN 23354 168 23186 DUES AND SUBSCRIPTIONS 2923 127 2000 796 STATE FILING FEES 1140 339 801 BANK FEES 32 32 1571798 1074488 295385 201925 303733 293112 326600 174198 6566 6225 6225 636558 480101 196817 100123 144827 98977 341644 199100 X 236914 251001 58000 30000 294914 281001 636558 480101 X 56608 -70521 X X 0 1 X 1 0 X 374357 435351 919928 939250 1628406 4297292 374357 435351 919928 939250 1628406 4297292 608108 3689184 4297292 6500 0.85850 0.85080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 28000 0 0 28000 0 PART II-B, LINE 1: THE ORGANIZATION PAYS A LOBBYING FIRM TO MAINTAIN CONTACT WITH LEGISLATORS, THEIR STAFFS AND GOVERNMENT OFFICIALS TO MAXIMIZE GRANT FUNDING INCLUDED IN THE ANNUAL MASSACHUSETTS BUDGET. THIS HELPS THE ORGANIZATION TO MAINTAIN ITS ANNUAL EARMARK FROM THE STATE OF MASSACHUSETTS AND TO PURSUE NEW OPPORTUNITIES FOR FUNDING FROM THE STATE OF MASSACHUSETTS (EXAMPLES INCLUDE: ECONOMIC DEVELOPMENT BILL, ARPA). 0 1683356 54950 54950 1628406 0 1628406 1697269 54950 70521 125471 1571798 0 1571798 PART XII, LINE 2D - OTHER ADJUSTMENTS: UNCOLLECTIBLE CONTRIBUTIONS RECEIVABLE 70,521. 1 BRASH ENGINES INC 34 AVERILL PLACE BRANFORD CT 06405 FOR PROFIT 10000 0 N/A N/A PRODUCT DEVELOPMENT FASCIA SLEEP INCORPORATED 59 HARWOOD ST 3 LYNN MA 01902 FOR PROFIT 10000 0 N/A N/A PRODUCT DEVELOPMENT FLOE INC 22 GOLD ST APT 212 NEW HAVEN CT 06519 FOR PROFIT 10000 0 N/A N/A PRODUCT DEVELOPMENT KLAW INDUSTRIES 120 HAWLEY ST BINGHAMTON NY 13901 FOR PROFIT 10000 0 N/A N/A PRODUCT DEVELOPMENT SEDMED INC 1 BRADLEY RD 711B WOODBRIDGE CT 06525 FOR PROFIT 20000 0 N/A N/A PRODUCT DEVELOPMENT SPADXTECH LLC 17 BRIDEN ST STE 312 WORCESTER MA 01605 FOR PROFIT 10000 0 N/A N/A PRODUCT DEVELOPMENT 0 6 PART I, LINE 2: GRANTEES PROVIDE UPDATES ON OUTCOMES THAT ARE HIGHLIGHTED IN SUCCESS STORIES AND ACCOUNTED FOR IN IMPACT REPORTING. X 0 0 0 0 0 0 0 1 0 LAURA TEICHER PRESIDENT/EXECUTIVE DIRECTOR 150769 0 12500 0 0 0 14000 0 11285 0 188554 0 12500 0 ADAM RODRIGUES VICE PRESIDENT 137993 0 0 0 0 0 0 0 19471 0 157464 0 0 0 PART I, LINE 7 THE PRESIDENT/EXECUTIVE DIRECTOR RECEIVED A DISCRETIONARY BONUS IN 2023. THE BONUS IS DETERMINED BASED ON THE MARKET RATE FOR SIMILAR ROLES AT OTHER SIMILAR ORGANIZATIONS. THE BONUS WAS APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR WILL REVIEW THE DRAFT OF THE 990 AND SHARE IT WITH THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS BEFORE IT IS FILED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 17,202. MANAGEMENT AND GENERAL EXPENSES 5,103. FUNDRAISING EXPENSES 5,522. TOTAL EXPENSES 27,827. CONSULTING FEES: PROGRAM SERVICE EXPENSES 274,384. MANAGEMENT AND GENERAL EXPENSES 59,983. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 334,367. FORM 990, PART XI, LINE 9: LOSS ON UNCOLLECTIBLE CONTRIBUTIONS RECEIVABLE -70,521. FORM 990, PART XII, LINE 2C - COMMITTEE FOR OVERSIGHT OF AUDIT IN 2023, THE FINANCE COMMITTEE WAS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT.