2024-11-07T15:16:49-06:00 2024-06-30 042894876 RYAN & COSCIA PC 256 ESSEX STREET SALEM MA 01970 990 2023-07-01 264232076 NORTH SHORE ALLIANCE FOR ECONOMIC DEVELOPMENT INC NORT 9787444430 121 LORING AVENUE SALEM MA 01970 Michael Cahill Board Chair / Director 9787444430 2024-10-30 0 1 ROBERT CONLEYCPA P00146086 9787441760 2024-10-30 2023 2024-10-15 13:58:12Z Michael Cahill 121 LORING AVENUE SUITE 110 SALEM MA 01970 110093 0 X www.nsecdevelopment.com X 2008 MA North Shore Alliance for Economic Development, Inc. was formed by business and institutional officials to create increased economic opportunity in the thirty communities that comprise Boston's North Shore. 17 17 0 14 0 0 273066 110000 0 0 0 93 0 0 273066 110093 0 0 0 0 0 0 0 0 0 396231 181889 396231 181889 -123165 -71796 93230 21434 0 0 93230 21434 X The North Shore Alliance for Economic Development (Alliance) is a private non-profit entity formed by businesses, institutional and goverment officials to establish a coordinated and enhanced economic, geographical(continued at supplemental information) 0 0 172938 The Alliance's Small Business Technical Assistance and Educational Programs include: Alliance Policymakers Series, Resource Showcase for Minority Owned & Diverse Businesses, Small Business State Resource Webinar Series, Small Business Technical Assistance Workshops/Webinars, Offshore Wind Initiative, Industry Cluster Spotlight Event with North Shore Technology Council and Massachusetts Office of Business Development Partnership Initiatives. The Alliance commissioned the Center for Economic Development & Sustainability (CEDS) at Salem State University to produce the Future of Work -Talent Retention of College Graduates in the Region Report 2024. The Donahue Institute was commissioned to produce the Minority Owned Businesses Regional Snapshot Report 2024. The Alliance will use and share the clear and compelling data from these reports to advance its economic development efforts that promote economic sustainability and growth. The Alliance represented the regional business community in collaborative, long-range workforce skills, transportation and land use by the following means: North Shore Small Business Diversity Directory, Priority Development Site Listing Website Landing Page Video and Updated Community Photo Library, Quarterly Economic Development Directors & Community Planners Meetings and the Alliance Policymakers Series. The Alliance supports regional business recruitment, retention, growth and coordination with the following activities: Convening quarterly meeting of city/town planners and Economic/Community Development Directors; offering Partnership initiatives with MOBD and promoting regional activities through Alliance Weekly Newsletter, website, calendar of regional events & forums and social media; and developing and fostering regional partnerships.The Alliance business support in FY24 included small business workshops offerings ranging from topics including: Capital, Cashflow, E-Commerce, Loans, Business Plans, State Certifications, Marketing, Off Shore Wind Training and introductions to State and Federal Resources.The North Shore Alliance for Economic Development focused its FY24 efforts on the Future of Work through Regional Readiness, Revitalization and Small Business Support to the 30 communities (including four gateway Cities) it serves through its existing/expanded offerings, new program initiatives and strategic regional partnerships.The Alliance's FY24 REDO Grant aligned its work to support and compliment the Commonwealth's Partnership for Growth and Partnership for Recovery priorities.Our FY24 REDO Grant work focused on five (5) areas: Regional Competitiveness -Economic Data, Small Business Technical Assistance/Support/Equity/Competitiveness, Workforce Development/Talent Pipeline, Regional Revitalization and Regional Communication and Promotion.Programs and reports to support these five areas included: Regional Business Impact Report, Minority-Owned Regional Business Snapshot Report, Resource Showcase for Minority Owned & Diverse Businesses, Small Business State Resource Webinar Series, Small Business Technical Assistance Workshops/Webinars, MOBD Partnership Initiatives, Future of Work -Talent Retention of College Graduates in the Region, Job, Fairs, North Shore Legislative Delegation/Employer Roundtable, Online Priority Development Site Listing, Industry Cluster Spotlight with the North Shore Technology Council, Regional Economic Development Symposium, Offshore Wind Training, Offshore Wind 101 Information Session, Offshore Wind 101 Webinar, Offshore Wind Ready Training Program, Quarterly Economic Development Directors & Community Planners Meetings, Alliance Policymakers Series, and Alliance Website/Weekly Electronic Newsletters/Social Media.The Alliance's REDO Grant funding for FY24 totaled $129,900 to continue its impactful work on the North Shore and lower Merrimack Valley that has benefitted the region during this stabilization and recovery period in process. 172938 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 X KIM CROWLEY 9785427097 121 LORING AVENUE SALEM MA 01970 X MICHAEL CAHILL CHAIR 0.00 X 0 0 0 TED BETTENCOURT DIRECTOR 0.00 X 0 0 0 DOMINICK PANGALLO DIRECTOR 0.00 X 0 0 0 JIM COWDELL VICE CHAIR 0.00 X 0 0 0 JOHN KEENAN DIRECTOR 0.00 X 0 0 0 JO BRODERICK DIRECTOR 0.00 X 0 0 0 BETH DEBSKI DIRECTOR 0.00 X 0 0 0 MICHAEL HARRINGTON DIRECTOR 0.00 X 0 0 0 ANNIE HARRIS DIRECTOR 0.00 X 0 0 0 DAVID MORALES DIRECTOR 0.00 X 0 0 0 ELIZABETH O'HARA DIRECTOR 0.00 X 0 0 0 MARY SARRIS DIRECTOR 0.00 X 0 0 0 MIKE WHEELER DIRECTOR 0.00 X 0 0 0 JARED NICHOLSON DIRECTOR 0.00 X 0 0 0 KURT STEINBURG DIRECTOR 0.00 X 0 0 0 WILLIAM HEINEMAN DIRECTOR 0.00 X 0 0 0 SUE HOWLAND DIRECTOR 0.00 X 0 0 0 0 0 0 0 0 0 0 0 45000 65000 110000 93 93 110093 93 0 0 13685 13685 8845 8845 1300 1300 15410 15410 326 326 21000 21000 1612 1612 Event Expense 106946 106946 Web Design 6059 6059 Dues 5440 5440 Communication 1266 1266 181889 172938 8951 0 92469 20673 0 0 761 761 93230 21434 0 0 0 0 X 93230 21434 0 93230 21434 93230 21434 -71796 0 X 1 X 0 0 0 X 54500 53703 315522 273066 169900 866691 54500 53703 315522 273066 169900 866691 866691 866691 1.00000 1.00000 X Form 990, Part III Organization's mission statement continued identity for the North Shore with an eye toward increasing, vitality, visibility and opportunity across the region. It has become a cogent, broad-based voice of collaborative advocacy on issues of economic development, transportation and infrastructure planning and education and workforce issues. The Alliance performs a vital role and focuses the attention of policymakers on business and residential "quality of life" concerns that have a direct impact on the viability of North Shore businesses and insitutions. Currently Chaired by Michael Cahill, Mayor of Beverly Massachusetts, the Alliance plays a unique role in the region. This is because of its offerings, programs and resources are accessible, do not require membership to participate and, with few exceptions, are free to participants. In addition, the ability to partner with the private and public sector has enabled it to be an effective regional convener. The North Shore Alliance is the regional organization that: Convenes leaders from both the public and private sectors, from within all 30 cities and towns, so they can work together on defined and agreed upon regional priorities. Leads the region by identifying and communicating key economic development activities and initiatives to a broad cross section of public and private leaders. Impacts business and economic development by offering technical assistance/ educational programs and promotes state resources that directly help multiple businesses throughout the region. Organizes meetings of the 30 city and town planners, on a regular basis so they can both share what they are doing with each other, and, equally importantly, understand how their work fits into broader regional activities. Communicates important regional initiatives through its weekly newsletter, Twitter feed, website and calendar. All these communication venues are received by a large and influential group of public and private leaders and decision makers. Provides one-stop-shopping for businesses outside the region on who to work with in cities and towns and how to connect with them. The North Shore Alliance offers technical assistance programs that directly help multiple businesses throughout the region, partnership inititatives in workforce development and other regional coordination efforts. Through this approach, the Alliance has been able to maximize its regional business and economic impact. The Alliance will continue to work closely with its broad group of strategic partners in the region on issues impacting the North Shore and lower Merrimack Valley regions. These partners include 30 Alliance Member Communities, Enterprise Center at Salem State University, North Shore Workforce Board, MA Office of Business Development, Small Business Development Center, North Shore Technology Council, Donahue Institute, Congressman Moulton's Office, Salem State University, North Shore Community College, Montserrat College of Art, The Salem Partnership, Creative Collective, Essex County Community Foundation, Northeast Legal Aid, Essex National Heritage Area, Merrimack Valley Economic Development Council Inc., MassHire Career Center, Commonwealth Corporation and other educational institutions, as well as regional and local Chambers of Commerce including the North Shore, Greater Cape Ann, Lynn Area, Salem, Peabody, Greater Newburyport, Greater Beverly, Marblehead, Greater Haverhill, Amesbury, U.S. Haitian, Massachusetts LGBT, Merrimack Valley, and other chambers. The North Shore Alliance is committed to increased coordination with the Merrimack Valley Planning Commisssion to help ensure that the ten communities we serve are presented with a wide variety of resources to address their business challenges. The focus is to share information and bring the Alliance's resources to help these partners as they pursue regional initiatives. Form 990, Part VI, Section A, line 8b THE ORGANIZATION DOES NOT HAVE COMMITTEES. Form 990, Part VI, Section B, line 11b THE BOARD OF DIRECTORS REVIEWS A DRAFT OF THE FORM 990 AS PREPARED BY INDEPENDENT TAX PROFESSIONALS AND DISCUSSES ANY QUESTIONS/ISSUES WITH THE TAX PROFESSIONALS. ONCE THE BOARD ACCEPTS THE DRAFT , THE RETURN IS FILED. Form 990, Part VI, Section C, line 19 CORPORATE BYLAWS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC BY WRITTEN REQUEST OF THE EXECUTIVE DIRECTOR.