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Nonprofit · EIN 04-2486905

TRIANGLE INC

Tax-exempt · MALDEN, MA 02148

Financials

$11.3M$12.5M2022$13.1M$13.9M2023$17.1M$14.9M2024
Revenue Expenses · by fiscal year end
Financials of TRIANGLE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$17,066,196$14,908,228$2,157,968$13,784,127$7,095,280$6,688,847
June 30, 2024990$13,116,924$13,948,674-$831,750$10,688,977$6,158,098$4,530,879
June 30, 2023990$11,311,000$12,529,891-$1,218,891$11,383,498$6,020,869$5,362,629
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$2,134,821
of which government grants
$1,599,786
Program service revenue
$14,748,537
Investment income
$250,146
Net income from fundraising events
-$67,308
Other revenue
-$67,308

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$252,213
Other salaries and wages
$8,351,330
Salaries, compensation and benefits (total)
$9,960,162
Professional fundraising fees
$0
Legal fees
$39,672
Accounting fees
$139,601
Occupancy
$1,976,295
Travel
$296,864
Depreciation
$335,360
Program services (functional)
$12,034,839
Management and general (functional)
$2,221,259
Fundraising (functional)
$652,130

Balance sheet and other

Total assets, start of year
$10,688,977
Total assets, end of year
$13,784,127
Total liabilities, end of year
$7,095,280
Net assets, end of year
$6,688,847
Land, buildings and equipment
$2,151,689
Net assets without donor restrictions
$6,405,101
Net assets with donor restrictions
$283,746
Gross receipts
$17,133,504
Employees
358
Volunteers
100
Year formed
1970
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.

NameTitleHours / weekCompensationOther / benefits
COLEMAN NEEFORMER CEO - AS OF 12/31/24
Former
40$233,270$417
MICHAEL MASTASCUSACHIEF FINANCIAL OFFICER
Officer
40$223,557$698
DREW WARRENCHIEF PROGRAM OFFICER
Officer
40$158,910$679
MELISSA RUSSELL STROUTCHIEF INTEGRITY OFFICER
Highest-paid employee
40$130,947$8,896
JOHN VANBEEK KAISERCHIEF OF ADVANCEMENT & COM
Highest-paid employee
40$136,868$679
SHANTAL GIORDONOHUMAN RESOURCE DIRECTOR
Highest-paid employee
40$107,724$22,571
RACHEL CLODGOSENIOR ACCOUNTANT ADMINISTRATOR
Highest-paid employee
40$116,454$10,470
COREY GRANTCHIEF OF WORKFORCE INITIATIVES
Highest-paid employee
40$102,976$8,678
RACHEL KAPREILIANCEO - AS OF 9/23/24
Trustee or director, Officer
40$58,635$0
RACHEL KAPREILIANVP/DIR - AS OF 9/22/24
Trustee or director, Officer
2$0$0
MICHAEL MORANPRESIDENT
Trustee or director, Officer
2$0$0
MARK D'OLIVEIRACLERK
Trustee or director, Officer
2$0$0
ROBERT PERRYTREASURER
Trustee or director, Officer
2$0$0
JESSICA BLACKDIRECTOR
Trustee or director
0.5$0$0
STEPHEN DICCAIRANO ESQDIRECTOR
Trustee or director
0.5$0$0
4 more people on this return
NameTitleHours / weekCompensation
PAUL DONATODIRECTOR
Trustee or director
2$0
DAVID GORDONDIRECTOR
Trustee or director
0.5$0
HENRI SOUCYDIRECTOR
Trustee or director
2$0
AMY WEINSTOCKDIRECTOR
Trustee or director
0.5$0
990 for the year ended June 30, 2024: 16 people
NameTitleHours / weekCompensationOther / benefits
COLEMAN NEECHIEF EXECUTIVE OFFICER
Officer
40$233,270$2,529
MICHAEL MASTASCUSACHIEF FINANCIAL OFFICER
Officer
40$220,487$678
DREW WARRENCHIEF PROGRAM OFFICER
Officer
40$149,508$28,522
FELICIA BATLEYDIRECT CARE COORDINATOR
Highest-paid employee
40$123,857$30,718
RAYMOND LAMOTHEDIRECT CARE COORDINATOR
Highest-paid employee
40$129,245$11,487
MELISSA RUSSELL STROUTCHIEF INTEGRITY OFFICER
Highest-paid employee
40$120,749$10,974
JOHN VANBEEK KAISERCHIEF OF ADVANCEMENT & COM
Highest-paid employee
40$124,269$679
MICHAEL MORANPRESIDENT
Trustee or director, Officer
2$0$0
RACHEL KAPREILIANVICE PRESIDENT
Trustee or director, Officer
2$0$0
MARK D'OLIVEIRACLERK
Trustee or director, Officer
0.5$0$0
ROBERT PERRYTREASURER
Trustee or director, Officer
2$0$0
JESSICA BLACKDIRECTOR
Trustee or director
2$0$0
STEPHEN DICCAIRANO ESQDIRECTOR
Trustee or director
0.5$0$0
PAUL DONATODIRECTOR
Trustee or director
0.5$0$0
DAVID GORDONDIRECTOR
Trustee or director
0.5$0$0
HENRI SOUCYDIRECTOR
Trustee or director
2$0$0
990 for the year ended June 30, 2023: 17 people
NameTitleHours / weekCompensationOther / benefits
MICHAEL MASTASCUSACHIEF FINANCIAL OFFICER
Officer
37$239,476$679
COLEMAN NEECHIEF EXECUTIVE OFFICER
Officer
37$233,276$2,530
FELICIA BATTLETDIRECT CARE COORDINATOR
Highest-paid employee
37$151,498$30,718
DREW WARRENCHIEF PROGRAM OFFICER
Officer
37$137,512$28,522
RAYMOND LAMOTHEDIRECT CARE COORDINATOR
Highest-paid employee
37$143,825$11,487
MELISSA RUSSELL STROUTCHIEF INTEGRITY OFFICER
Highest-paid employee
37$106,624$10,973
JANICE PHILPOTCHIEF OF WORKFORCE INITIATIVES
Highest-paid employee
37$116,894$679
JOHN VANBEEK KAISERCHIEF OF ADVANCEMENT & COMMUNICATIONS
Highest-paid employee
37$111,385$679
MICHAEL MORANPRESIDENT
Trustee or director, Officer
2$0$0
RACHEL KAPREILIANVICE PRESIDENT
Trustee or director, Officer
2$0$0
ROBERT PERRYTREASURER
Trustee or director, Officer
2$0$0
MARK D'OLIVEIRACLERK
Trustee or director, Officer
0.5$0$0
MICHAEL MCCURDYDIRECTOR
Trustee or director
2$0$0
JESSICA BLACKDIRECTOR
Trustee or director
2$0$0
RICHARD CURTISDIRECTOR
Trustee or director
0.5$0$0
PAUL DONATODIRECTOR
Trustee or director
0.5$0$0
COLLEEN MORANDIRECTOR
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
450 BROADWAY, MALDEN, MA 02148-2059
In care of
% MICHAEL MASTASCUSA
Principal officer (990 for 2024)
RACHEL KAPRIELIAN JD MP, 450 BROADWAY, MALDEN, MA 02148
Signed the 990
MICHAEL MASTASCUSA, CHIEF FINANCIAL OFFICER
Phone
(617) 322-0400
Return prepared by
JOHNSON O'CONNOR FERON & CARUCCI LLP

Mission

THROUGH SUPPORT, CHALLENGE AND OPPORTUNITY, TRIANGLE EMPOWERS PEOPLE WITH DISABILITIES AND THEIR FAMILIES TO ENJOY RICH, FULFILLING LIVES. WE ARE COMMITTED TO HELPING THE WORLD RECOGNIZE THAT WE ARE ALL PEOPLE WITH ABILITY.

990 for the year ended June 30, 2025

Program accomplishments

  • RESIDENTIAL SERVICES:THE ORGANIZATION OPERATES NINE RESIDENTIAL HOMES IN METRO NORTH AND NORTH SHORE COMMUNITIES THAT PROVIDE LOVING, CARING, AND NURTURING SUPPORT TO 43 INDIVIDUALS. TRIANGLE, INC. HAS DECADES OF EXPERIENCE IN BUILDING A FAMILY ATMOSPHERE IN EACH HOME, WHILE PROVIDING EACH PERSON WITH INDIVIDUALIZED OPPORTUNITIES TO EXPLORE THEIR OWN INTERESTS AND ACTIVITIES IN THE COMMUNITY.
    Expenses $6,368,721 · revenue $7,483,376
  • COMMUNITY-BASED DAY SERVICES & SUPPORTED EMPLOYMENT:TRIANGLE, INC. OPERATES THREE DAY SERVICES PROGRAMS IN MALDEN, RANDOLPH, AND SALEM. THESE PROGRAMS PROVIDE GROUP SUPPORTED EMPLOYMENT, INDIVIDUAL SUPPORTED EMPLOYMENT, AND COMMUNITY-BASED DAY SERVICES (CBDS) TO ADULTS AND STUDENTS WITH DISABILITIES IN PARTNERSHIP WITH THE DEPARTMENT OF DEVELOPMENTAL SERVICES AND LOCAL SCHOOL DISTRICTS. TRIANGLE, INC.'S DAY SERVICES PLACE A STRONG EMPHASIS ON COMMUNITY-BASED EMPLOYMENT, GIVING ALL PARTICIPANTS AN OPPORTUNITY TO EARN A PAYCHECK.
    Expenses $1,435,258 · revenue $1,524,897
  • WORKFORCE DEVELOPMENT & CAREER SERVICES:TRIANGLE, INC. WORKS WITH INDIVIDUAL JOB SEEKERS AND INCLUSIVE EMPLOYERS TO CREATE WIN-WIN JOB PLACEMENTS THROUGHOUT EASTERN MASSACHUSETTS. THE ORGANIZATION'S EMPLOYMENT SPECIALISTS ARE EXPERTS IN PROVIDING SKILLS AND INTEREST ASSESSMENTS, JOB SEARCH ASSISTANCE, INTERVIEW PREP AND COACHING, AND, ONCE PLACED, ONGOING EMPLOYMENT SUPPORTS TO BOTH YOUTH AND ADULTS. THE ORGANIZATION ALSO OFFERS CREDENTIAL TRAINING PROGRAMS FOR INDIVIDUALS ENTERING COMPETITIVE GROWTH INDUSTRIES.
    Expenses $4,002,954 · revenue $5,630,127
  • BUSINESS ENTERPRISES.
    Expenses $227,906 · revenue $110,137

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
04-2486905
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1994
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$13,784,127
Income (IRS master file)
$17,133,504

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$17,066,196$14,908,228$13,784,127XML
990June 2024$13,116,924$13,948,674$10,688,977XML
990June 2023$11,311,000$12,529,891$11,383,498XML
990June 2022$11,643,804$11,669,796$7,569,693IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 04-2486905).

Questions about TRIANGLE INC

What is the EIN of TRIANGLE INC?
The employer identification number (EIN) of TRIANGLE INC is 04-2486905.
Is TRIANGLE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to TRIANGLE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TRIANGLE 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 TRIANGLE 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 TRIANGLE 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 TRIANGLE INC?
The 990 for the year ended June 30, 2025 names RACHEL KAPRIELIAN JD MP.
Who are the officers and directors of TRIANGLE INC?
The 990 for the year ended June 30, 2025 lists 19 people; 9 received compensation from the organization, the highest $233,270 (COLEMAN NEE, FORMER CEO - AS OF 12/31/24).
How much revenue does TRIANGLE INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $17,066,196, expenses of $14,908,228 and total assets of $13,784,127 at year end.

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