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Nonprofit · EIN 04-2647383

HARVARD SQUARE BUSINESS ASSOCIATION INC

Tax-exempt · CAMBRIDGE, MA 02138

Financials

$589K$593K2023$610K$607K2024$623K$641K2025
Revenue Expenses · by fiscal year end
Financials of HARVARD SQUARE BUSINESS ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$623,258$641,110-$17,852$239,896$0$239,896
December 31, 2024990$609,960$607,073$2,887$257,748$0$257,748
December 31, 2023990$589,421$592,505-$3,084$254,861$0$254,861
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$679,648
Membership dues
$126,574
Program service revenue
$0
Investment income
$3,730
Net income from fundraising events
-$75,730
Other revenue
-$60,120

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$179,208
Other salaries and wages
$164,093
Salaries, compensation and benefits (total)
$403,022
Professional fundraising fees
$0
Accounting fees
$6,070
Occupancy
$79,012

Balance sheet and other

Total assets, start of year
$257,748
Total assets, end of year
$239,896
Total liabilities, end of year
$0
Net assets, end of year
$239,896
Gross receipts
$712,188
Employees
4
Volunteers
34
Year formed
1936
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, 2025, highest compensation first.

NameTitleHours / weekCompensation
DENISE A JILLSONEXEC. DIRECTOR
Officer
40$214,976
JESSICA SCULLEYPRESIDENT
Trustee or director, Officer
1$0
ASHWIN ACHARYAV.PRESIDENT
Trustee or director, Officer
1$0
DANIEL ANDREW BODTV.PRESIDENT
Trustee or director, Officer
1$0
NICK WOLFTREASURER
Trustee or director, Officer
1$0
MARIA MONTGOMERYTREASURER
Trustee or director, Officer
1$0
RICHARD TOD BEATYSECRETARY
Trustee or director, Officer
1$0
OLIVIA FARRARDIRECTOR
Trustee or director
1$0
CHARLOTTE KENNEDYDIRECTOR
Trustee or director
1$0
TOM LUCEYDIRECTOR
Trustee or director
1$0
KIRSTEN SIMSDIRECTOR
Trustee or director
1$0
KATHERINE RAFFERTYDIRECTOR
Trustee or director
1$0
YVETTE WILKSDIRECTOR
Trustee or director
1$0
JUSTIN DUNHAMDIRECTOR
Trustee or director
1$0
JEREMY COHENDIRECTOR
Trustee or director
1$0
10 more people on this return
NameTitleHours / weekCompensation
TONY CONSENTINODIRECTOR
Trustee or director
1$0
SEAN HOPEDIRECTOR
Trustee or director
1$0
AMY TETREAULTDIRECTOR
Trustee or director
1$0
NICOLA WILLIAMSDIRECTOR
Trustee or director
1$0
DOMINIC AMENTADIRECTOR
Trustee or director
1$0
MARIO CABRERADIRECTOR
Trustee or director
1$0
DIANE CARSONDIRECTOR
Trustee or director
1$0
BERTII JEAN-CHRONBERGDIRECTOR
Trustee or director
1$0
SUZANNA KRMZIANDIRECTOR
Trustee or director
1$0
MANNY RAMIREZDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2024: 25 people
NameTitleHours / weekCompensation
DENISE A JILLSONEXEC. DIRECTOR
Officer
40$179,208
JESSICA SCULLEYPRESIDENT
Trustee or director, Officer
1$0
ASHWIN ACHARYAV.PRESIDENT
Trustee or director, Officer
1$0
DANIEL ANDREW BODTV.PRESIDENT
Trustee or director, Officer
1$0
NICK WOLFTREASURER
Trustee or director, Officer
1$0
MARIA MONTGOMERYTREASURER
Trustee or director, Officer
1$0
TOD BEATYSECRETARY
Trustee or director, Officer
1$0
DOMINIC AMENTADIRECTOR
Trustee or director
1$0
DIANE CARSONDIRECTOR
Trustee or director
1$0
BERTIL JEAN-CHRONBERGDIRECTOR
Trustee or director
1$0
JASON DOODIRECTOR
Trustee or director
1$0
GREER GOODMANDIRECTOR
Trustee or director
1$0
SUZANNA KRMZIANDIRECTOR
Trustee or director
1$0
SARAH MILLERDIRECTOR
Trustee or director
1$0
MANNY RAMIREZDIRECTOR
Trustee or director
1$0
DAN ROUGHANDIRECTOR
Trustee or director
1$0
STEVE WELCHDIRECTOR
Trustee or director
1$0
MARIO CABRERADIRECTOR
Trustee or director
1$0
SEAN CARONDIRECTOR
Trustee or director
1$0
YAMEN CHAKERDIRECTOR
Trustee or director
1$0
JEREMY COHENDIRECTOR
Trustee or director
1$0
TONY CONSENTINODIRECTOR
Trustee or director
1$0
SEAN HOPEDIRECTOR
Trustee or director
1$0
AMY TETREAULTDIRECTOR
Trustee or director
1$0
NICOLA WILLIAMSDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 25 people
NameTitleHours / weekCompensation
DENISE A JILLSONEXEC. DIRECTOR
Officer
40$154,238
MARY-CATHERINE DEIBELPRESIDENT
Trustee or director, Officer
1$0
JEREMIAH MURPHYV.PRESIDENT
Trustee or director, Officer
1$0
ASHWIN ACHARYAV.PRESIDENT
Trustee or director, Officer
1$0
BRIAN KELLEYTREASURER
Trustee or director, Officer
1$0
JASON SCHWEIGERTREASURER
Trustee or director, Officer
1$0
RICHARD BEATYSECRETARY
Trustee or director, Officer
1$0
ELIZABETH AGUILODIRECTOR
Trustee or director
1$0
DOMINIC AMENTADIRECTOR
Trustee or director
1$0
DANIEL ANDREW BODTDIRECTOR
Trustee or director
1$0
DIANE CARSONDIRECTOR
Trustee or director
1$0
BERTIL JEAN-CHRONBERGDIRECTOR
Trustee or director
1$0
JASON DOODIRECTOR
Trustee or director
1$0
DAN HOGANDIRECTOR
Trustee or director
1$0
GREER GOODMANDIRECTOR
Trustee or director
1$0
SUZANNA KRMZIANDIRECTOR
Trustee or director
1$0
PATRICK LEEDIRECTOR
Trustee or director
1$0
CRAIG LEONARDDIRECTOR
Trustee or director
1$0
SARAH MILLERDIRECTOR
Trustee or director
1$0
KATHERINE RAFFERTYDIRECTOR
Trustee or director
1$0
MANNY RAMIREZDIRECTOR
Trustee or director
1$0
DAN ROUGHANDIRECTOR
Trustee or director
1$0
JESSICA SCULLEYDIRECTOR
Trustee or director
1$0
MEREDITH WEENICKDIRECTOR
Trustee or director
1$0
STEVE WELCHDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
18 BRATTLE ST STE 352, CAMBRIDGE, MA 02138-3755
Principal officer (990 for 2025)
MARY-CATHERINE DEIBEL, 18 BRATTLE STREET 352, CAMBRIDGE, MA 02138
Signed the 990
MARY-CATHERINE DEIBEL, PRESIDENT
Phone
(617) 491-3434
Return prepared by
JOHNSON O'CONNOR FERON & CARUCCI LLP

Mission

TO ADVANCE THE COMMERCIAL, INDUSTRIAL AND PUBLIC INTERESTS OF HARVARD SQUARE, TO PROMOTE A COMMERCIAL EXCHANGE, TO ACCUMULATE AND GIVE TO ITS MEMBERS BUSINESS INFORMATION, TO ADJUST CONTROVERSIES AND MISUNDERSTANDINGS, TO ESTABLISH AND MAINTAIN UNIFORMITY IN COMMERCIAL TRANSACTIONS, AND TO PROMOTE JUST AND EQUITABLE PRINCIPLES OF TRADE.

990 for the year ended December 31, 2025

Program accomplishments

  • THE HARVARD SQUARE BUSINESS ASSOCIATION WAS FOUNDED IN 1910 FOR THE SOLE PURPOSE OF PROMOTING COMMERCE IN HARVARD SQUARE, WHILE BEING GOOD STEWARDS OF THE SQUARE OVER THE PAST SEVERAL YEARS, WE HAVE ADDED THE TAGLINE, "WHILE BEING GOOD STEWARDS OF THE OUTSIDE SPACE". THERE ARE MANY WAYS TO ACCOMPLISH OUR STATED GOALS. SEVERAL YEARS AGO, IT WAS DETERMINED THAT EXPERIENTIAL MARKETING WAS A METHOD THAT SEEMED TO WORK BEST FOR HARVARD SQUARE. SUBSEQUENTLY, A SERIES OF ANNUAL EVENTS WERE CREATED TO ATTRACT PEOPLE THAT SPANNED THE ENTIRE DEMOGRAPHIC SPECTRUM. ON OCTOBER 12TH, 2025, WE CELEBRATED OUR 46TH ANNUAL OKTOBERFEST CELEBRATION AND GENERATED $ 73,010 IN INCOME AND HAD EXPENSES OF $35,921. IT IS ESTIMATED THAT WE HAD ABOUT 25,000 VISITORS DURING THE 6-HOUR PERIOD. ATTENDANCE WAS MUCH LOWER DUE TO RAINY CONDITIONS. HOWEVER, AS ALWAYS, OUR HOPE IS THAT PEOPLE OF ALL AGES HAVE A GREAT TIME, VISIT OUR STORES, EAT IN OUR RESTAURANTS AND REMEMBER THE SQUARE FONDLY SO THAT THEY COME BACK AS A FREQUENT VISITOR. WE ALSO HOPE THAT THEY TELL ALL THEIR FRIENDS TO DO THE SAME. THE SQUARE IS STILL ENJOYING A HIGH OCCUPANCY RATE AND OUR MEMBERSHIP CONTINUES TO GROW; WE ARE CURRENTLY ENJOYING A MEMBERSHIP OF STILL OVER 400, OF WHICH, 75% ARE LOCALLY-OWNED INDEPENDENT BUSINESSES. OUR MAJOR EXPENSE FOR 2025 WAS MARKETING EXPENSE OF $50,161 FOR VARIOUS HARVARD SQUARE BUSINESS ASSOCIATION EVENTS IN THE PUBLIC SPACE. OUR EVENTS ARE ALWAYS FREE, OPEN-TO-THE-PUBLIC, FAMILY-FRIENDLY AND WELCOMING TO ALL. OKTOBERFEST WAS OUR THIRD LARGEST EXPENSE AT $25,128. THE MAJOR EXPENSE CATEGORIES ARE TRULY AN INVESTMENT THAT REINFORCES OUR COMMITMENT TO BEING A WELCOMING, CLEAN AND SAFE SPACE FOR ALL OUR VISITORS, NEIGHBORS, STUDENTS AND BUSINESSES AND TO BE GOOD STEWARDS OF THE PUBLIC SPACE. WE ORGANIZED 65 EVENTS IN 2025 THAT WERE FREE, FAMILY-FRIENDLY AND OPEN TO THE PUBLIC THAT TOOK PLACE IN THE OUTSIDE PUBLIC SPACE. IN 2025, WE CONTINUED OUR ADVOCACY FOR INFRASTRUCTURE IMPROVEMENTS BY THE CITY OF CAMBRIDGE. THE HARVARD SQUARE KIOSK RESTORATION PROJECT IS NOW COMPLETE AND FULLY OCCUPIED. THE PLAZA RESTORATION PROJECT IS UNDERWAY. THERE ARE TEN PHASES OF WHICH SEVERAL ARE NOW COMPLETE. THE ENTIRE PLAZA AND STREETSCAPE IMPROVEMENTS FOR THIS PROJECT WILL BE COMPLETE IN THE SPRING OF 2026. WE CONTINUE TO SEE NEW BUSINESSES OPEN, MAJOR PRIVATE DEVELOPMENTS ARE IN THE PERMITTING PROCESS AND THE FUTURE REMAINS BRIGHT.

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
04-2647383
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1985
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$239,896
Income (IRS master file)
$712,188

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$623,258$641,110$239,896IRS
990December 2024$609,960$607,073$257,748XML
990December 2023$589,421$592,505$254,861XML
990December 2022$587,039$563,928$257,941IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 04-2647383).

Questions about HARVARD SQUARE BUSINESS ASSOCIATION INC

What is the EIN of HARVARD SQUARE BUSINESS ASSOCIATION INC?
The employer identification number (EIN) of HARVARD SQUARE BUSINESS ASSOCIATION INC is 04-2647383.
Is HARVARD SQUARE BUSINESS ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1985.
Are donations to HARVARD SQUARE BUSINESS ASSOCIATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does HARVARD SQUARE BUSINESS ASSOCIATION 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 HARVARD SQUARE BUSINESS ASSOCIATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HARVARD SQUARE BUSINESS ASSOCIATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of HARVARD SQUARE BUSINESS ASSOCIATION INC?
The 990 for the year ended December 31, 2025 names MARY-CATHERINE DEIBEL.
Who are the officers and directors of HARVARD SQUARE BUSINESS ASSOCIATION INC?
The 990 for the year ended December 31, 2025 lists 25 people; 1 received compensation from the organization, the highest $214,976 (DENISE A JILLSON, EXEC. DIRECTOR).
How much revenue does HARVARD SQUARE BUSINESS ASSOCIATION INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $623,258, expenses of $641,110 and total assets of $239,896 at year end.

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