Nonprofit · EIN 04-1045830
ASSOCIATED INDUSTRIES OF MASSACHUSETTS
Tax-exempt · BOSTON, MA 02110
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $6,239,067 | $5,468,206 | $770,861 | $16,637,279 | $6,706,782 | $9,930,497 |
| December 31, 2023 | 990 | $6,090,457 | $5,959,409 | $131,048 | $12,655,886 | $3,893,219 | $8,762,667 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $4,877,884
- Investment income
- $94,654
- Royalties
- $1,207,749
- Other revenue
- $1,266,529
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $2,253,854
- Other salaries and wages
- $1,448,060
- Salaries, compensation and benefits (total)
- $4,371,925
- Professional fundraising fees
- $0
- Legal fees
- $52,819
- Accounting fees
- $63,849
- Occupancy
- $116,893
- Travel
- $47,765
- Depreciation
- $104,931
Balance sheet and other
- Total assets, start of year
- $12,655,886
- Total assets, end of year
- $16,637,279
- Total liabilities, end of year
- $6,706,782
- Net assets, end of year
- $9,930,497
- Land, buildings and equipment
- $301,631
- Publicly traded securities
- $6,417,699
- Net assets without donor restrictions
- $9,930,497
- Gross unrelated business income
- $46,780
- Gross receipts
- $6,239,067
- Employees
- 54
- Volunteers
- 62
- Year formed
- 1915
- 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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BROOKE M THOMSON NON-VOTING | PRESIDENT Trustee or director, Officer | 29.5 | $484,819 | $14,229 |
| CHRISTOPHER KEALEY | EXEC VP & COO Officer | 29 | $363,310 | $40,089 |
| ROBERT S PAINE | EXEC VP-MEMBERSHIP, SALES Key employee | 35 | $251,512 | $37,953 |
| STEPHANIE L SWANSON | EXEC VP-GOVERNMENT AFFAIRS Key employee | 35 | $278,642 | $6,008 |
| KYLE J PARDO | EXEC VP, AIMHR SOLUTIONS Key employee | 3 | $248,874 | $12,755 |
| CHRISTOPHER P GEEHERN | EXEC VP-PUBLIC AFFAIRS & COMM Key employee | 35 | $236,827 | $22,196 |
| SARALEE G SESNOVICH | SVP, FINANCE & ADMINISTRAT Officer | 29 | $224,283 | $17,840 |
| KAREN WALLACE | EXEC VP, MARKETING Highest-paid employee | 35 | $218,578 | $17,624 |
| CHRIS F DEMATOS | VP, INFORMATION TECHNOLOGY Highest-paid employee | 33 | $186,029 | $34,350 |
| SAMUEL W LARSON | VP, GOV AFFAIRS & LEGAL COUNCIL Highest-paid employee | 35 | $159,442 | $16,902 |
| THERESA A COOK | SR VP - EMPLOYER SERVICE Highest-paid employee | 10.5 | $167,757 | $7,372 |
| PATTY R STEPHENS | ACCOUNTING MANGER Highest-paid employee | 30 | $129,152 | $13,216 |
| PATRICIA BEGROWICZ | CHAIR (THRU 05/24); DIRECTOR Trustee or director | 1 | $0 | $0 |
| GREGORY BUSCONE | CHAIR (AS OF 05/24) Trustee or director, Officer | 1 | $0 | $0 |
| ANNEMARIE ABDO | DIRECTOR Trustee or director | 1 | $0 | $0 |
63 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOE BAHENA | DIRECTOR Trustee or director | 1 | $0 |
| DONALD BALDINI ESQ | DIRECTOR Trustee or director | 1 | $0 |
| PHYLLIS BARAJAS | DIRECTOR Trustee or director | 1 | $0 |
| WILLIAM C BLANKER | DIRECTOR Trustee or director | 1 | $0 |
| ANNE BROHOLM | DIRECTOR Trustee or director | 1 | $0 |
| DAVID BUGBEE | DIRECTOR Trustee or director | 1 | $0 |
| BRIAN BURKE | DIRECTOR Trustee or director | 1 | $0 |
| SAMUEL CABOT III | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL T CALIJOUW | DIRECTOR Trustee or director | 1 | $0 |
| CAROL CAMPBELL | DIRECTOR Trustee or director | 1 | $0 |
| TRICIA CANAVAN | DIRECTOR Trustee or director | 1 | $0 |
| KRISTIN E CARLSON | DIRECTOR Trustee or director | 1 | $0 |
| ADAM CHASE | DIRECTOR (THRU 05/2024) Trustee or director | 1 | $0 |
| PETER R CHASE | DIRECTOR Trustee or director | 1 | $0 |
| SCOTT CHATLIN | DIRECTOR Trustee or director | 1 | $0 |
| JEFF CROWLEY | DIRECTOR (THRU 05/2024) Trustee or director | 1 | $0 |
| JACK DERBY | DIRECTOR Trustee or director | 1 | $0 |
| JOHN DOUCETTE | DIRECTOR (THRU 10/2024) Trustee or director | 1 | $0 |
| JANELL DUBSKY | DIRECTOR Trustee or director | 1 | $0 |
| HERBY DUVERNE | DIRECTOR Trustee or director | 1 | $0 |
| GARY EVEE | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTINA FISHER | DIRECTOR Trustee or director | 1 | $0 |
| WILLIAM F GRANT | DIRECTOR Trustee or director | 1 | $0 |
| LESLIE E GREIS | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTA HAGEARTY | DIRECTOR Trustee or director | 1 | $0 |
| JOANNE K HILFERTY | DIRECTOR Trustee or director | 1 | $0 |
| CAROL HOLAHAN | DIRECTOR Trustee or director | 1 | $0 |
| DOMINICK IANNO | DIRECTOR Trustee or director | 1 | $0 |
| MARIE JOHNSON | TREASURER Trustee or director, Officer | 1 | $0 |
| TED L KANE | DIRECTOR Trustee or director | 1 | $0 |
| DANIEL C KENARY | DIRECTOR Trustee or director | 1 | $0 |
| PIA KUMAR | DIRECTOR Trustee or director | 1 | $0 |
| DONNA LATSON GITTENS | DIRECTOR/CLERK Trustee or director, Officer | 1 | $0 |
| MARIANNE LANCASTER | DIRECTOR Trustee or director | 1 | $0 |
| JESS LEE | DIRECTOR Trustee or director | 1 | $0 |
| JOHN M LYNCH ESQ | DIRECTOR Trustee or director | 1 | $0 |
| JAMES MCCARTHY | DIRECTOR Trustee or director | 1 | $0 |
| KRINA PATEL | DIRECTOR Trustee or director | 1 | $0 |
| CATHY ROCHELEAU | DIRECTOR Trustee or director | 1 | $0 |
| ANTHONY SAMUELS | DIRECTOR Trustee or director | 1 | $0 |
| ELAINE SHANNON | DIRECTOR Trustee or director | 1 | $0 |
| JESSE STANESA | DIRECTOR Trustee or director | 1 | $0 |
| JOHN C STOWE | DIRECTOR Trustee or director | 1 | $0 |
| MARCELO SUAREZ-OROZCO | DIRECTOR Trustee or director | 1 | $0 |
| MEGHAN SULLIVAN | DIRECTOR Trustee or director | 1 | $0 |
| LYNN TOKARCZYK | DIRECTOR Trustee or director | 1 | $0 |
| NATHAN TUAN PHAM | DIRECTOR (THRU 05/2024) Trustee or director | 1 | $0 |
| DANIEL WALSH | DIRECTOR Trustee or director | 1 | $0 |
| LUIS YEPEZ | DIRECTOR Trustee or director | 1 | $0 |
| TIMOTHY J DELGIUDICE | DIRECTOR (AS OF 01/2024) Trustee or director | 1 | $0 |
| MAURICIO FALANTI | DIRECTOR (AS OF 01/2024) Trustee or director | 1 | $0 |
| SHERYL MCQUADE | DIRECTOR (AS OF 01/2024) Trustee or director | 1 | $0 |
| NICOLA MEDALOVA | DIRECTOR (AS OF 01/2024) Trustee or director | 1 | $0 |
| NICOLE M VERDI ESQ | DIRECTOR (THRU 05/2024) Trustee or director | 1 | $0 |
| SASKIA EPSTEIN | DIRECTOR (AS OF 05/2024) Trustee or director | 1 | $0 |
| KEITH FAIREY | DIRECTOR (AS OF 05/2024) Trustee or director | 1 | $0 |
| STACY GILMOUR | DIRECTOR (AS OF 05/2024) Trustee or director | 1 | $0 |
| BECCA GOULD | DIRECTOR (AS OF 05/2024) Trustee or director | 1 | $0 |
| MICHAEL KENEALLY | DIRECTOR (AS OF 05/2024) Trustee or director | 1 | $0 |
| MICHAEL KNAPIK | DIRECTOR (AS OF 05/2024) Trustee or director | 1 | $0 |
| STEPHANIE LEE | DIRECTOR (AS OF 05/2024) Trustee or director | 1 | $0 |
| KRISTEN LEWIS | DIRECTOR (AS OF 05/2024) Trustee or director | 1 | $0 |
| LIZ SCHWAB | DIRECTOR (AS OF 05/2024) Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 78 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN R REGAN NON-VOTING | PRES(THRU 06/2023)/CEO(THRU 12/2023) Trustee or director, Officer | 33 | $459,039 | $30,219 |
| CHRISTOPHER KEALEY | EXEC VP & COO Officer | 31.5 | $339,417 | $38,806 |
| BROOKE M THOMSON NON-VOTING | EXEC VP(THRU 06/23)/PRES(AS OF 07/23) Trustee or director, Officer | 34.9 | $350,819 | $13,281 |
| ROBERT S PAINE | EXEC VP-MEMBERSHIP, SALES & ENGMT. Key employee | 35 | $245,173 | $37,988 |
| KYLE J PARDO | EXEC VP, AIMHR SOLUTIONS Highest-paid employee | 2 | $241,694 | $10,353 |
| CHRISTOPHER P GEEHERN - CLERK | (THRU 05/2023)/EXEC VP-PUB AFF & COM Officer | 35 | $227,978 | $20,312 |
| KAREN WALLACE | EXEC VP, MARKETING Highest-paid employee | 35 | $216,758 | $16,628 |
| SARALEE G SESNOVICH | SVP, FINANCE & ADMINISTRATION Officer | 33 | $208,758 | $16,414 |
| STEPHANIE L SWANSON AS OF 07 | 2023)/EXEC VP-GOVERNMENT AFFAIRS Key employee | 35 | $189,151 | $6,323 |
| CHRIS F DEMATOS | VP, INFORMATION TECHNOLOGY & INFRA. Highest-paid employee | 33 | $160,903 | $32,045 |
| THERESA A COOK | SR VP - EMPLOYER SERVICE Highest-paid employee | 7 | $163,044 | $7,224 |
| SAMUEL W LARSON | VP, GOVT AFFAIRS & LEGAL COUNCIL Highest-paid employee | 35 | $149,753 | $15,638 |
| PATRICIA BEGROWICZ | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| GREGORY BUSCONE | TREASURER/VICE CHAIR (AS OF 05/2023) Trustee or director, Officer | 1 | $0 | $0 |
| ANNEMARIE ABDO | DIRECTOR (AS OF 05/2023) Trustee or director | 1 | $0 | $0 |
| ROBERT BABCOCK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOE BAHENA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DONALD BALDINI ESQ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PHYLLIS BARAJAS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WILLIAM C BLANKER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANNE BROHOLM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID BUGBEE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRIAN BURKE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SAMUEL CABOT III | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL T CALIJOUW | DIRECTOR (AS OF 01/2023) Trustee or director | 1 | $0 | $0 |
| CAROL CAMPBELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TRICIA CANAVAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KRISTIN E CARLSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ADAM CHASE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PETER R CHASE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SCOTT CHATLIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TORRANCE CHILDS | DIRECTOR (THRU 08/2023) Trustee or director | 1 | $0 | $0 |
| JEFF CROWLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARTIN D'ERAMO | DIRECTOR (THRU 05/2023) Trustee or director | 1 | $0 | $0 |
| JACK DERBY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN DOUCETTE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JANELL DUBSKY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HERBY DUVERNE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GARY EVEE | DIRECTOR (AS OF 01/2023) Trustee or director | 1 | $0 | $0 |
| CHRISTINA FISHER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HOWARD J GOLDMAN | DIRECTOR (THRU 05/2023) Trustee or director | 1 | $0 | $0 |
| STEVE GRANDE | DIRECTOR (THRU 05/2023) Trustee or director | 1 | $0 | $0 |
| WILLIAM F GRANT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LESLIE E GREIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRISTA HAGEARTY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHARLES HATCH | DIRECTOR (THRU 05/2023) Trustee or director | 1 | $0 | $0 |
| JOANNE K HILFERTY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CAROL HOLAHAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DOMINICK IANNO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARIE JOHNSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TED L KANE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL E KENEALLY | DIRECTOR (THRU 05/2023) Trustee or director | 1 | $0 | $0 |
| DANIEL C KENARY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PIA KUMAR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DONNA LATSON GITTENS | DIRECTOR/CLERK (AS OF 05/2023) Trustee or director, Officer | 1 | $0 | $0 |
| MARIANNE LANCASTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JESS LEE | DIRECTOR (AS OF 01/2023) Trustee or director | 1 | $0 | $0 |
| EMILLEY LOCKHART | DIRECTOR (THRU 05/2023) Trustee or director | 1 | $0 | $0 |
| JOHN M LYNCH ESQ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMES MCCARTHY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EZEQUIEL MONTEMAYOR | DIRECTOR (THRU 05/2023) Trustee or director | 1 | $0 | $0 |
| SUZANNE NADESKI | DIRECTOR (THRU 05/2023) Trustee or director | 1 | $0 | $0 |
| DEREK OLIVER | DIRECTOR (THRU 05/2023) Trustee or director | 1 | $0 | $0 |
| THOMAS PACHECO | DIRECTOR (THRU 08/2023) Trustee or director | 1 | $0 | $0 |
| KRINA PATEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SRINIVAS REDDY | DIRECTOR (THRU 08/2023) Trustee or director | 1 | $0 | $0 |
| EMILY REICHERT PHD | DIRECTOR (THRU 05/2023) Trustee or director | 1 | $0 | $0 |
| CATHY ROCHELEAU | DIRECTOR (AS OF 01/2023) Trustee or director | 1 | $0 | $0 |
| ANTHONY SAMUELS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ELAINE SHANNON | DIRECTOR (AS OF 05/2023) Trustee or director | 1 | $0 | $0 |
| JESSE STANESA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN C STOWE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARCELO SUAREZ-OROZCO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MEGHAN SULLIVAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LYNN TOKARCZYK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NATHAN TUAN PHAM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DANIEL WALSH | DIRECTOR (AS OF 05/2023) Trustee or director | 1 | $0 | $0 |
| LUIS YEPEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 30 FEDERAL ST FL 5, BOSTON, MA 02110-2508
- In care of
- % CINDY WOOD LYMAN
- Principal officer (990 for 2024)
- BROOKE M THOMSON, 30 FEDERAL ST 5TH FLOOR, BOSTON, MA 02110
- Signed the 990
- SARALEE G SESNOVICH, SVP, FINANCE & ADMINISTRATION
- Phone
- (617) 262-1180
- Website
- WWW.AIMNET.ORG
- Return prepared by
- GRANT THORNTON ADVISORS LLC
Mission
AS THE LARGEST NONPROFIT, NONPARTISAN ASSOCIATION OF MASSACHUSETTS EMPLOYERS, AIM'S MISSION IS TO PROMOTE THE WELL-BEING OF ITS MEMBERS AND THEIR EMPLOYEES AND THE PROSPERITY OF MASSACHUSETTS... (SEE SCHEDULE O).... BY IMPROVING THE ECONOMIC CLIMATE OF MASSACHUSETTS, ADVOCATING FAIR AND EQUITABLE PUBLIC POLICY AND PROVIDING RELEVANT, RELIABLE INFORMATION AND EXCELLENT SERVICES.
Program accomplishments
- WORKED ON BEHALF OF MASSACHUSETTS EMPLOYERS TO IMPROVE THE ECONOMIC CLIMATE IN MASSACHUSETTS; PROVIDED RELEVANT AND RELIABLE INFORMATION AND ADVOCATED FOR FAIR AND EQUITABLE PUBLIC POLICIES THROUGH LEGISLATIVE AND REGULATORY ACTIVITIES AND PUBLIC AFFAIRS PROGRAMS. DEVELOPED AND DELIVERED EDUCATIONAL SEMINARS AND MEETINGS TO PROVIDE GENERAL OR TECHNICAL INFORMATION ON ISSUES IMPACTING EMPLOYERS.
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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 04-1045830
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1946
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $16,637,279
- Income (IRS master file)
- $6,239,067
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $6,239,067 | $5,468,206 | $16,637,279 | XML |
| 990 | December 2023 | $6,090,457 | $5,959,409 | $12,655,886 | XML |
| 990 | December 2022 | $6,522,715 | $5,713,906 | $11,712,253 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 04-1045830).
Questions about ASSOCIATED INDUSTRIES OF MASSACHUSETTS
- What is the EIN of ASSOCIATED INDUSTRIES OF MASSACHUSETTS?
- The employer identification number (EIN) of ASSOCIATED INDUSTRIES OF MASSACHUSETTS is 04-1045830.
- Is ASSOCIATED INDUSTRIES OF MASSACHUSETTS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1946.
- Are donations to ASSOCIATED INDUSTRIES OF MASSACHUSETTS tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ASSOCIATED INDUSTRIES OF MASSACHUSETTS 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 ASSOCIATED INDUSTRIES OF MASSACHUSETTS 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 ASSOCIATED INDUSTRIES OF MASSACHUSETTS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ASSOCIATED INDUSTRIES OF MASSACHUSETTS?
- The 990 for the year ended December 31, 2024 names BROOKE M THOMSON.
- Who are the officers and directors of ASSOCIATED INDUSTRIES OF MASSACHUSETTS?
- The 990 for the year ended December 31, 2024 lists 78 people; 12 received compensation from the organization, the highest $484,819 (BROOKE M THOMSON NON-VOTING, PRESIDENT).
- How much revenue does ASSOCIATED INDUSTRIES OF MASSACHUSETTS have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $6,239,067, expenses of $5,468,206 and total assets of $16,637,279 at year end.
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