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Nonprofit · EIN 04-2393951

MASSACHUSETTS PSYCHOLOGICAL INC

Tax-exempt · WELLESLEY, MA 02481

Financials

$525K$495K2022$547K$508K2023$609K$482K2024
Revenue Expenses · by fiscal year end
Financials of MASSACHUSETTS PSYCHOLOGICAL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
February 28, 2025990$608,983$481,994$126,989$816,897$69,913$746,984
February 29, 2024990$546,688$507,828$38,860$673,883$66,034$607,849
February 28, 2023990$525,101$494,697$30,404$603,485$77,586$525,899
Financial details: 990 for the year ended February 28, 2025

Revenue

Contributions, gifts and grants
$458,713
Membership dues
$451,273
Program service revenue
$118,554
Investment income
$31,716
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$201,970
Salaries, compensation and benefits (total)
$220,171
Professional fundraising fees
$0
Legal fees
$33,528
Accounting fees
$45,994
Occupancy
$34,765
Travel
$758
Depreciation
$63
Program services (functional)
$106,603
Management and general (functional)
$375,391

Balance sheet and other

Total assets, start of year
$673,883
Total assets, end of year
$816,897
Total liabilities, end of year
$69,913
Net assets, end of year
$746,984
Net assets without donor restrictions
$711,815
Net assets with donor restrictions
$35,169
Gross unrelated business income
$23,735
Gross receipts
$608,983
Employees
3
Volunteers
37
Year formed
1941
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 February 28, 2025, highest compensation first.

NameTitleHours / weekCompensation
LUANA BESSAPRESIDENT ELECT
Trustee or director
0$0
SUSAN WAGNERExecutive Dir.
Trustee or director
40$0
BETH JERSKEYDirector
Trustee or director
0$0
LISSA DUTRASecretary
Trustee or director
0$0
SUKANYA RAYDirector
Trustee or director
0$0
ALEESHA N YOUNGPresident
Trustee or director
0$0
JENNIFER LISHDirector
Trustee or director
0$0
LORRAINE MANGIONEDirector
Trustee or director
0$0
ERICA LEEDirector
Trustee or director
0$0
JOAN HANANIADirector
Trustee or director
0$0
DIANA WESTERBERGDirector
Trustee or director
0$0
JACK HUTSONINTERIM EX DIRE
Trustee or director
0$0
WENDY VINCENTDirector
Trustee or director
0$0
LISSA DUTRATreasurer
Trustee or director
0$0
MARGO TOWNLEYDirector
Trustee or director
0$0
1 more people on this return
NameTitleHours / weekCompensation
STEPHEN CADOUXDirector
Trustee or director
0$0
990 for the year ended February 29, 2024: 16 people
NameTitleHours / weekCompensation
SUSAN WAGNERExecutive Dir.
Trustee or director
40$104,989
ALEX SOLODYNAPRESIDENT ELECT
Trustee or director
0$0
BETH JERSKEYDirector
Trustee or director
0$0
LISSA DUTRASecretary
Trustee or director
0$0
SUKANYA RAYDirector
Trustee or director
0$0
ALEESHA N YOUNGDirector
Trustee or director
0$0
JENNIFER LISHDirector
Trustee or director
0$0
CHRISTOPHER MARTELLDirector
Trustee or director
0$0
ELLIS KATZDirector
Trustee or director
0$0
BRITTNEY KLEINFELTERDirector
Trustee or director
0$0
DORIAN CRAWFORDPast President
Trustee or director
0$0
WENDY VINCENTDirector
Trustee or director
0$0
GERALD KOOCHERTreasurer
Trustee or director
0$0
ROBERT FRANKSDirector
Trustee or director
0$0
ABIGAIL SEIBERTDirector
Trustee or director
0$0
ELIZABETH AUSTINPresident
Trustee or director
0$0
990 for the year ended February 28, 2023: 15 people
NameTitleHours / weekCompensation
SUSAN WAGNERExecutive Dir.
Trustee or director
40$105,989
FERNA PHILLIPSSecretary
Trustee or director
0$0
BETH JERSKEYDirector
Trustee or director
0$0
ERICA LEEDirector
Trustee or director
0$0
SUKANYA RAYDirector
Trustee or director
0$0
HARRY SOMERSDirector
Trustee or director
0$0
MARTIN PIERREPAST PRESIDENT
Trustee or director
0$0
CHRISTOPHER MARTELLDirector
Trustee or director
0$0
ELLIS KATZDirector
Trustee or director
0$0
DORIAN CRAWFORDPresident
Trustee or director
0$0
SHANI M JEAN-CHARLESDirector
Trustee or director
0$0
GERALD KOOCHERTreasurer
Trustee or director
0$0
ROBERT FRANKSDirector
Trustee or director
0$0
ABIGAIL SEIBERTDirector
Trustee or director
0$0
ELIZABETH AUSTINDirector
Trustee or director
0$0

Address and contacts

Address (IRS master file)
195 WORCESTER ST STE 303, WELLESLEY, MA 02481-5568
Principal officer (990 for 2024)
JACK HUTSON, 195 WORCESTER STREET 203, WELLESLEY, MA 02481
Signed the 990
JACK HUTSON, INTERIM EXEC. DIREC.
Phone
(781) 263-0080
Return prepared by
Cheryl OGrady CPA PC

Mission

TO ADVANCE PSYCHOLOGY AS A SCIENCE, AS A PROFESSION AND AS A MEANS OF PROMOTING HUMAN WELFARE.

990 for the year ended February 28, 2025

Program accomplishments

  • PROMOTION OF THE PSYCHOLOGY PROFESSION THROUGH ADVOCACY, NEWSLETTER PUBLICATIONS AND CONTINUING EDUCATION.

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 February, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025February 28, 2026July 15, 2026Not on file
2024February 28, 2025July 15, 2025990 on file
2023February 29, 2024July 15, 2024990 on file

IRS record

EIN
04-2393951
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1969
Accounting year ends
February
Files
Form 990 or 990-EZ
Assets (IRS master file)
$816,897
Income (IRS master file)
$608,983

Filing history

FormYear endedRevenueExpensesAssetsReturn
990February 2025$608,983$481,994$816,897XML
990February 2024$546,688$507,828$673,883XML
990February 2023$525,101$494,697$603,485XML
990February 2022$583,671$511,902$597,453IRS
990February 2021–––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 04-2393951).

Questions about MASSACHUSETTS PSYCHOLOGICAL INC

What is the EIN of MASSACHUSETTS PSYCHOLOGICAL INC?
The employer identification number (EIN) of MASSACHUSETTS PSYCHOLOGICAL INC is 04-2393951.
Is MASSACHUSETTS PSYCHOLOGICAL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1969.
Are donations to MASSACHUSETTS PSYCHOLOGICAL INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MASSACHUSETTS PSYCHOLOGICAL 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 PSYCHOLOGICAL INC due?
The return for tax year 2025 (the year ending February 28, 2026) is due July 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MASSACHUSETTS PSYCHOLOGICAL INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended February 2025.
Who is the principal officer of MASSACHUSETTS PSYCHOLOGICAL INC?
The 990 for the year ended February 28, 2025 names JACK HUTSON.
Who are the officers and directors of MASSACHUSETTS PSYCHOLOGICAL INC?
The 990 for the year ended February 28, 2025 lists 16 people; 0 received compensation from the organization.
How much revenue does MASSACHUSETTS PSYCHOLOGICAL INC have?
On its 990 for the year ended February 28, 2025 it reported revenue of $608,983, expenses of $481,994 and total assets of $816,897 at year end.

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