Nonprofit · EIN 04-2746912
PAN-MASSACHUSETTS CHALLENGE INC
Tax-exempt · NEEDHAM, MA 02494
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $81,791,402 | $80,875,102 | $916,300 | $3,973,897 | $1,150,076 | $2,823,821 |
| December 31, 2023 | 990 | $76,928,267 | $77,777,317 | -$849,050 | $3,990,278 | $2,082,757 | $1,907,521 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $74,506,252
- Program service revenue
- $0
- Investment income
- $1,737,643
- Net income from fundraising events
- $5,308,713
- Net income from sales of inventory
- $238,794
- Other revenue
- $5,547,507
Expenses
- Grants and similar amounts paid
- $75,000,000
- Compensation of officers, directors and key employees
- $1,603,971
- Other salaries and wages
- $881,318
- Salaries, compensation and benefits (total)
- $3,079,158
- Professional fundraising fees
- $0
- Legal fees
- $35,390
- Accounting fees
- $78,108
- Occupancy
- $180,014
- Depreciation
- $84,331
- Program services (functional)
- $75,000,000
- Management and general (functional)
- $3,542,037
- Fundraising (functional)
- $2,333,065
Balance sheet and other
- Total assets, start of year
- $3,990,278
- Total assets, end of year
- $3,973,897
- Total liabilities, end of year
- $1,150,076
- Net assets, end of year
- $2,823,821
- Land, buildings and equipment
- $200,647
- Net assets without donor restrictions
- $2,348,821
- Net assets with donor restrictions
- $475,000
- Gross receipts
- $87,904,413
- Employees
- 23
- Volunteers
- 3,500
- Year formed
- 1981
- 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 |
|---|---|---|---|---|
| WILLIAM STARR | Founder/Executive Director Trustee or director, Officer | 50 | $570,407 | $71,439 |
| JARRETT COLLINS | CEO Officer | 50 | $352,197 | $51,470 |
| JENNIFER SCHACHTER | VP TECHNOLOGY & DIGITAL EXPERIENCE Highest-paid employee | 50 | $255,789 | $29,089 |
| WILLIAM ALFANO | DIR OF MKTG & STRAT PSHIPS Highest-paid employee | 50 | $232,819 | $43,988 |
| MICHELE SOMMER | CHIEF FINANCIAL OFFICER Officer | 50 | $249,921 | $20,723 |
| GLYNN HAWLEY | DIRECTOR OF OPERATIONS Highest-paid employee | 50 | $154,390 | $13,589 |
| MICHAEL IRVING | SENIOR SOFTWARE ENGINEER Highest-paid employee | 50 | $100,452 | $20,420 |
| CAREN DEARDORF | SECRETARY/DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL ASCIONE | TREASURER/DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| BEKAH SALWASSER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID FIALKOW | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HANNAH HELLEBUSH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JONATHAN GILULA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOSH BEKENSTEIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LOIS CORNELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MELANY DUVAL | DIRECTOR Trustee or director | 1 | $0 |
| RENE JONES | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT SMITH | DIRECTOR Trustee or director | 1 | $0 |
| SAM BYRNE | DIRECTOR Trustee or director | 1 | $0 |
| SUSAN BROGAN | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WILLIAM STARR | EXECUTIVE DIR./DIR. Trustee or director, Officer | 50 | $815,258 | $67,856 |
| JARRETT COLLINS | PRESIDENT Officer | 50 | $330,391 | $49,262 |
| JENNIFER SCHACHTER | VP Technology & Digital Experience Highest-paid employee | 50 | $247,728 | $27,972 |
| WILLIAM ALFANO | DIR OF MKTG & STRAT PSHIPS Highest-paid employee | 50 | $224,385 | $44,456 |
| MICHELE SOMMER | CHIEF FINANCIAL OFFICER Officer | 50 | $240,355 | $20,006 |
| CAREN DEARDORF | SECRETARY/DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL ASCIONE | TREASURER/DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| ROBERT SMITH | DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| BEKAH SALWASSER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID FIALKOW | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JONATHAN GILULA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOSH BEKENSTEIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LOIS CORNELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MELANY DUVAL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| Michael Dee | Chairman Trustee or director | 1 | $0 | $0 |
| RENE JONES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| Setti Warren | Director Trustee or director | 1 | $0 | $0 |
| SUSAN BROGAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 77 4TH AVE, NEEDHAM, MA 02494-2704
- In care of
- % MICHELE SOMMER
- Principal officer (990 for 2024)
- WILLIAM STARR, 77 FOURTH AVENUE, NEEDHAM, MA 02494
- Signed the 990
- MICHELE SOMMER, TREASURER
- Phone
- (781) 449-5300
- Website
- WWW.PMC.ORG
- Return prepared by
- ERNST & YOUNG US LLP
Mission
TO RAISE FUNDS TO BE CONTRIBUTED TO THE JIMMY FUND AT DANA-FARBER CANCER INSTITUTE FOR ITS USE IN CONNECTION WITH RESEARCH, TREATMENT, CURE OF AND EDUCATION ABOUT CANCER.
Program accomplishments
- ANNUAL BIKE-A-THON - APPROXIMATELY 7,000 CYCLISTS RIDE AND RAISE MONEY FOR CANCER RESEARCH AND TREATMENT, FOR THE JIMMY FUND AT THE DANA-FARBER CANCER INSTITUTE IN BOSTON, MASSACHUSETTS. IT IS REPORTED THAT PMC'S CYCLING FUNDRAISER IS THE MOST SUCCESSFUL ATHLETIC FUNDRAISING EVENT, IN TERMS OF DOLLARS RAISED, IN THE COUNTRY.Expenses $75,000,000 · grants $75,000,000
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
- 04-2746912
- 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
- 1982
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $3,973,897
- Income (IRS master file)
- $87,904,413
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $81,791,402 | $80,875,102 | $3,973,897 | XML |
| 990 | December 2023 | $76,928,267 | $77,777,317 | $3,990,278 | XML |
| 990 | December 2022 | $73,689,314 | $74,415,516 | $4,292,909 | IRS |
| 990 | December 2021 | – | – | – | 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 04-2746912).
Questions about PAN-MASSACHUSETTS CHALLENGE INC
- What is the EIN of PAN-MASSACHUSETTS CHALLENGE INC?
- The employer identification number (EIN) of PAN-MASSACHUSETTS CHALLENGE INC is 04-2746912.
- Is PAN-MASSACHUSETTS CHALLENGE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
- Are donations to PAN-MASSACHUSETTS CHALLENGE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PAN-MASSACHUSETTS CHALLENGE 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 PAN-MASSACHUSETTS CHALLENGE INC 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 PAN-MASSACHUSETTS CHALLENGE INC 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 PAN-MASSACHUSETTS CHALLENGE INC?
- The 990 for the year ended December 31, 2024 names WILLIAM STARR.
- Who are the officers and directors of PAN-MASSACHUSETTS CHALLENGE INC?
- The 990 for the year ended December 31, 2024 lists 20 people; 7 received compensation from the organization, the highest $570,407 (WILLIAM STARR, Founder/Executive Director).
- How much revenue does PAN-MASSACHUSETTS CHALLENGE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $81,791,402, expenses of $80,875,102 and total assets of $3,973,897 at year end.
Other nonprofits in NEEDHAM
- JUSTICE RESOURCE INSTITUTE INC EIN 04-2526357 · last filed 990 for 2025
- ADELSON FAMILY FOUNDATION EIN 04-7024330 · last filed 990-PF for 2024
- NORTH HILL NEEDHAM INC EIN 04-2716090 · last filed 990 for 2025
- CHARLES RIVER CENTER INC EIN 04-2393108 · last filed 990 for 2025
- DR MIRIAM AND SHELDON G ADELSON MEDICAL RESEARCH FOUNDATION EIN 04-7023433 · last filed 990-PF for 2024
- FRANKLIN W OLIN COLLEGE OF ENGINEERING INC EIN 06-1519057 · last filed 990 for 2025
- WALKER INC EIN 04-2171186 · last filed 990 for 2025
- HOPE AND COMFORT INC EIN 45-1329518 · last filed 990 for 2024