Nonprofit · EIN 04-2227431
MASSACHUSETTS ADOPTION RESOURCE EXCHANGE INC
Tax-exempt · NEWTON, MA 02461
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,192,526 | $2,091,739 | $100,787 | $1,219,364 | $525,786 | $693,578 |
| June 30, 2024 | 990 | $1,951,000 | $1,961,768 | -$10,768 | $902,866 | $310,954 | $591,912 |
| June 30, 2023 | 990 | $1,869,280 | $1,910,480 | -$41,200 | $904,673 | $302,168 | $602,505 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,134,944
- Program service revenue
- $1,000,631
- Investment income
- $13,398
- Net income from fundraising events
- $43,266
- Other revenue
- $43,553
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $147,955
- Other salaries and wages
- $1,318,487
- Salaries, compensation and benefits (total)
- $1,754,763
- Professional fundraising fees
- $0
- Accounting fees
- $24,420
- Occupancy
- $126,265
- Travel
- $25,931
- Depreciation
- $7,110
- Program services (functional)
- $1,726,918
- Management and general (functional)
- $193,981
- Fundraising (functional)
- $170,840
Balance sheet and other
- Total assets, start of year
- $902,866
- Total assets, end of year
- $1,219,364
- Total liabilities, end of year
- $525,786
- Net assets, end of year
- $693,578
- Land, buildings and equipment
- $12,743
- Publicly traded securities
- $4,084
- Net assets without donor restrictions
- $561,737
- Net assets with donor restrictions
- $131,841
- Gross receipts
- $2,255,011
- Employees
- 21
- Volunteers
- 100
- Year formed
- 1957
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Bridget K Chiaruttini | Executive Director Trustee or director, Officer | 35 | $136,500 | $4,791 |
| Meghan Hamilton | Director of Development Highest-paid employee | 35 | $102,308 | $623 |
| Tim Eisenstadt | Co-President Trustee or director, Officer | 1 | $0 | $0 |
| Shawn McNinch | co-president Trustee or director, Officer | 1 | $0 | $0 |
| Kevin Cotreau | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Kelli Powell | CLERK Trustee or director, Officer | 1 | $0 | $0 |
| Michele Benkis | Director Trustee or director | 1 | $0 | $0 |
| Tony Lacasse | Director Trustee or director | 1 | $0 | $0 |
| Carly Burton | Director Trustee or director | 1 | $0 | $0 |
| Gary Lyon | Director Trustee or director | 1 | $0 | $0 |
| Tracey Aronson | Director Trustee or director | 1 | $0 | $0 |
| David Geller | Director Trustee or director | 1 | $0 | $0 |
| Jamie Caron | Director Trustee or director | 1 | $0 | $0 |
| Jim Campbell | DIRector Trustee or director | 1 | $0 | $0 |
| Sandra Pyram-Loyer | Director Trustee or director | 1 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dan Cullinane | Director Trustee or director | 1 | $0 |
| Marisele Esperance | Director Trustee or director | 1 | $0 |
| Glavia Smith | Director Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BRIDGET CHIARUTTINI | EXECUTIVE DIRECTOR Trustee or director, Officer | 35 | $133,000 | $2,525 |
| TRACY ARONSON | CO-PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| SHAWN MCNINCH | CO-PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| KEVIN COTREAU | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| KELLI POWELL | CLERK Trustee or director, Officer | 1 | $0 | $0 |
| TONY LACASSE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHELE BENKIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CARLY BURTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GARY LYON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID GELLAR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TIM EISENSTADT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAIME CARON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JIM CAMPBELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SANDRA PYRAM-LOYER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAN CULLINANE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GLAVIA SMITH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARISELE ESPERANCE | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BRIDGET CHIARUTTINI | EXECUTIVE DIRECTOR Trustee or director, Officer | 35 | $115,410 | $2,610 |
| TRACY ARONSON | CO-PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| SHAWN MCNINCH | CO-PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| STEPHEN BRIGGS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| KELLI POWELL | CLERK Trustee or director, Officer | 1 | $0 | $0 |
| DANA LEHMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TONY LACASSE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DEBORAH YAMIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHELE BENKIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CARLY BURTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JINNIE REED | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GARY LYON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KEVIN COTREAU | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID GELLAR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TIM EISENSTADT | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 19 NEEDHAM ST STE 206, NEWTON, MA 02461-1622
- In care of
- % BRIDGET CHIARUTTINI
- Principal officer (990 for 2024)
- BRIDGET CHIARUTTINI, 19 Needham Street Suite 206, Newton, MA 02461
- Signed the 990
- BRIDGET CHIARUTTINI, EXECUTIVE DIRECTOR
- Phone
- (617) 964-6273
- Website
- www.mareinc.org
- Return prepared by
- WITHUMSMITHBROWNPC
Mission
THE MASSACHUSETTS ADOPTION RESOURCE EXCHANGE EXISTS TO FIND "A PERMANENT PLACE TO CALL HOME" FOR CHILDREN IN FOSTER CARE IN MASSACHUSETTS, INCLUDING SIBLING GROUPS AND CHILDREN WHO ARE TRADITIONALLY HARDER TO PLACE. WE DO THIS BY RECRUITING, EDUCATING, SUPPORTING AND ADVOCATING FOR FAMILIES THROUGHOUT THE ADOPTION PROCESS WHILE TARGETING RECRUITMENT EFFORTS TO ATTRACT POTENTIAL PARENTS FOR SPECIFIC CHILDREN. WE ARE THE COMMONWEALTH'S CENTRAL CLEARING HOUSE FOR ADOPTION INFORMATION AND REFERRAL, AND WE WORK TO IDENTIFY MATCHES BETWEEN CHILDREN AND FAMILIES.
Program accomplishments
- FINDING ADOPTIVE HOMES FOR CHILDREN.Expenses $1,726,918 · revenue $1,000,631
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 04-2227431
- 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
- 1976
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,219,364
- Income (IRS master file)
- $2,255,011
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,192,526 | $2,091,739 | $1,219,364 | XML |
| 990 | June 2024 | $1,951,000 | $1,961,768 | $902,866 | IRS |
| 990 | June 2023 | $1,869,280 | $1,910,480 | $904,673 | XML |
| 990 | June 2022 | $1,819,619 | $1,767,445 | $778,210 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 04-2227431).
Questions about MASSACHUSETTS ADOPTION RESOURCE EXCHANGE INC
- What is the EIN of MASSACHUSETTS ADOPTION RESOURCE EXCHANGE INC?
- The employer identification number (EIN) of MASSACHUSETTS ADOPTION RESOURCE EXCHANGE INC is 04-2227431.
- Is MASSACHUSETTS ADOPTION RESOURCE EXCHANGE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1976.
- Are donations to MASSACHUSETTS ADOPTION RESOURCE EXCHANGE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MASSACHUSETTS ADOPTION RESOURCE EXCHANGE 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 ADOPTION RESOURCE EXCHANGE INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MASSACHUSETTS ADOPTION RESOURCE EXCHANGE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MASSACHUSETTS ADOPTION RESOURCE EXCHANGE INC?
- The 990 for the year ended June 30, 2025 names BRIDGET CHIARUTTINI.
- Who are the officers and directors of MASSACHUSETTS ADOPTION RESOURCE EXCHANGE INC?
- The 990 for the year ended June 30, 2025 lists 18 people; 2 received compensation from the organization, the highest $136,500 (Bridget K Chiaruttini, Executive Director).
- How much revenue does MASSACHUSETTS ADOPTION RESOURCE EXCHANGE INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,192,526, expenses of $2,091,739 and total assets of $1,219,364 at year end.
Other nonprofits in NEWTON
- UNIVERSITY OF MASSACHUSETTS FOUNDATION INC EIN 04-6013152 · last filed 990 for 2025
- LASELL UNIVERSITY EIN 04-2103585 · last filed 990 for 2025
- WILLIAM JAMES COLLEGE INC EIN 04-2620216 · last filed 990 for 2025
- CRADLES TO CRAYONS INC EIN 04-3584367 · last filed 990 for 2026
- BARRY L PRICE REHABILITATION CENTER INC EIN 04-2625859 · last filed 990 for 2025
- JEWISH COMMUNITY CENTERS OF GREATER BOSTON INC EIN 04-2317972 · last filed 990 for 2025
- RICHARD AND SUSAN SMITH FAMILY FOUNDATION EIN 23-7090011 · last filed 990-PF for 2025
- SWARTZ FOUNDATION EIN 04-3255974 · last filed 990-PF for 2024