Nonprofit · EIN 04-2879910
PARTNERSHIP INC
Tax-exempt · BOSTON, MA 02210
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,766,884 | $4,211,792 | -$444,908 | $5,773,342 | $200,154 | $5,573,188 |
| December 31, 2023 | 990 | $3,643,713 | $3,972,416 | -$328,703 | $6,041,537 | $190,763 | $5,850,774 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $3,612,082
- Investment income
- $154,802
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $525,687
- Other salaries and wages
- $1,504,012
- Salaries, compensation and benefits (total)
- $2,372,911
- Professional fundraising fees
- $0
- Accounting fees
- $43,999
- Travel
- $34,066
- Depreciation
- $85,708
- Program services (functional)
- $2,767,029
- Management and general (functional)
- $1,047,859
- Fundraising (functional)
- $396,904
Balance sheet and other
- Total assets, start of year
- $6,041,537
- Total assets, end of year
- $5,773,342
- Total liabilities, end of year
- $200,154
- Net assets, end of year
- $5,573,188
- Land, buildings and equipment
- $4,045
- Publicly traded securities
- $1,990,172
- Net assets without donor restrictions
- $5,510,168
- Net assets with donor restrictions
- $63,020
- Gross receipts
- $3,766,884
- Employees
- 17
- Year formed
- 1985
- 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 |
|---|---|---|---|---|
| PRATT NORTON WILEY | PRESIDENT & Officer | 40 | $261,800 | $13,029 |
| TRACEY WEST | SR. CONSULTA Highest-paid employee | 40 | $250,000 | $8,816 |
| CARMEN ARCE OSUNA | VICE PRESIDE Officer | 40 | $213,520 | $37,338 |
| KAREN JAMES-SKYES | VP, LEADERSH Highest-paid employee | 40 | $137,300 | $19,296 |
| JACQUETTA VAN ZANDT | VP ENGAGEMEN Highest-paid employee | 40 | $138,900 | $12,153 |
| CLAIRE COOPER | VP BUS DEVEL Highest-paid employee | 40 | $126,900 | $8,867 |
| MARCELA ALDAZ-MATOS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| PAUL ALEXANDER | BOARD CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| TODD BLACKWELL | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ELIZABETH CHENG | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| YVONNE GARCIA | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DAVID GIUNTA | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| KENNETH LEONETTI | SECRETARY/CL Trustee or director, Officer | 2 | $0 | $0 |
| NICK LOPEZ | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| THOMAS MELENDEZ | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR TSEDEAL NEELEY | BOARD MEMBER Trustee or director | 2 | $0 |
| DR LAURA MORGAN ROBERTS | BOARD MEMBER Trustee or director | 2 | $0 |
| MINITA SHAH-MARA | BOARD MEMBER Trustee or director | 2 | $0 |
| MARK TOUHEY | TREASURER Trustee or director, Officer | 2 | $0 |
| ATUL VARMA | BOARD MEMBER Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PRATT NORTON WILEY | PRESIDENT & Officer | 40 | $289,200 | $14,565 |
| CARMEN ARCE-BOWEN | VICE PRESIDE Officer | 40 | $231,420 | $36,563 |
| KAREN JAMES-SKYES | VP, LEADERSH Highest-paid employee | 40 | $144,300 | $18,595 |
| JACQUETTA VAN ZANDT | VP ENGAGEMEN Highest-paid employee | 40 | $139,900 | $11,150 |
| TRACEY WEST | SR. CONSULTA Highest-paid employee | 40 | $145,833 | $2,489 |
| RASHI SHYAM | DIGITAL TRAN Highest-paid employee | 40 | $101,000 | $40,465 |
| MARCELA ALDAZ-MATOS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| PAUL ALEXANDER | BOARD CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| TODD BLACKWELL | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ELIZABETH CHENG | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| YVONNE GARCIA | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DAVID GIUNTA | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| KENNETH LEONETTI | SECRETARY/CL Trustee or director, Officer | 2 | $0 | $0 |
| NICK LOPEZ | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| THOMAS MELENDEZ | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DR TSEDEAL NEELEY | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DR LAURA MORGAN ROBERTS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MINITA SHAH-MARA | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MARK TOUHEY | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| ATUL VARMA | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 155 SEAPORT BOULEVARD 13TH FLO, BOSTON, MA 02210-2698
- Principal officer (990 for 2024)
- PRATT NORTON WILEY, 155 SEAPORT BLVD 15TH FLOOR, BOSTON, MA 02210
- Signed the 990
- PRATT NORTON WILEY, PRESIDENT & CEO
- Phone
- (617) 262-2828
- Website
- WWW.THEPARTNERSHIPINC.ORG
- Return prepared by
- DAVISKELLY LLP
Mission
THE MISSION OF THE PARTNERSHIP, INC. IS TO ENSURE AND ENHANCE ECONOMIC COMPETITIVENESS BY ATTRACTING, DEVELOPING, RETAINING, AND CONVENING EXECUTIVES AND PROFESSIONALS OF COLOR SO THAT BOTH INDIVIDUALS, AND THE COMPANIES THEY WORK FOR, REACH THEIR FULLEST POTENTIAL. IN DOING SO, THE ORGANIZATION WORKS WITH IN DISMANTLING THE PILLARS OF SYSTEMIC RACISM AND SUPPORT THOSE COMPANIES ALONG THEIR DIVERSITY, INCLUSION, EQUITY, AND BELONGING JOURNEY.
Program accomplishments
- LEADERSHIP DEVELOPMENT WE OFFER A SUITE OF STATE-OF-THE-ART LEADERSHIP DEVELOPMENT PROGRAMS (ASSOCIATES, FELLOWS, BIODIVERSITY FELLOWS, NORTH CAROLINA ACCELERATOR, NEXT GENERATION EXECUTIVES). ANCHORED BY OUR GLOBALLY RECOGNIZED SUBJECT MATTER EXPERTS, EXHAUSTIVE RESEARCH, AND DECADES OF EXPERIENCE, OUR LEADERSHIP PROGRAMS PROVIDE OUR PARTICIPANTS WITH THE TOOLS, RESOURCES, AND NETWORKS TO NAVIGATE CHALLENGES OFTEN EXPERIENCED BY PROFESSIONALS OF COLOR, DELIVERED THROUGH A RIGOROUS CURRICULUM INTENDED TO FOSTER CAREER GROWTH FOR PROFESSIONALS OF ALL BACKGROUNDS AND ACROSS CAREER LEVELS. LEADERSHIP DEVELOPMENT ENROLLMENT BY PROGRAMS 141 ASSOCIATES FROM 28 COMPANIES; 167 FELLOWS FROM 50 COMPANIES; 70 BIODIVERSITY FELLOWS FROM 10 COMPANIES; 27 NC MID-CAREER LEADERSHIP ACCELERATOR FROM 3 COMPANIES; AND 95 NGE'ERS FROM 48 COMPANIES. EACH PROGRAM PARTICIPANT LISTED ABOVE WAS FULLY FUNDED BY THEIR EMPLOYER, SPONSORSHIP, GRANT, OR BY CLASS GIFT FUNDS.Expenses $1,855,916 · revenue $3,404,082
- CONSULTING WE UNDERSTAND THAT AN ORGANIZATION'S ONLY LONG-TERM ADVANTAGE IS ITS CULTURE. PATENTS EXPIRE, TECHNOLOGIES BECOME OBSOLETE, AND CUSTOMER TASTES CHANGE. BUT CORPORATE CULTURE - THE SET OF VALUES THAT SHAPE HOW PEOPLE INTERACT AND COLLABORATE - SEPARATES THOSE ORGANIZATIONS PREPARED TO WIN THE FUTURE. WE WORK WITH ORGANIZATIONS ACROSS ALL SECTORS TO BUILD RESILIENCE, INNOVATION, ADAPTABILITY, AND CULTURALLY LITERATE CORPORATE CULTURES. FOR NEARLY 40 YEARS, WE HAVE PARTNERED WITH SUCCESSFUL ENTERPRISES TO MEET THEIR SPECIFIC TALENT NEEDS. WE OFFER LEADERSHIP DEVELOPMENT PROGRAMS FOR TALENT AT ALL LEVELS OF YOUR ORGANIZATION, AS WELL AS CONSULTING SERVICES TO FOSTER CORPORATE CULTURES THAT SUPPORT BELONGING AND DRIVE INNOVATION IN A GLOBAL MARKETPLACE. BOARD SERVICE - OUR BOARDLINK SERVICE CONNECTS ORGANIZATIONS SEEKING BOARD LEADERSHIP WITH OUR NETWORK OF ALUMNI. PROFESSIONAL SERVICES 90+ EXECUTIVE COUNCIL MEMBER COMPANIES. 11 JOBBOARD COMPANIES (PLUS 22 PREMIER SPONSORS); ZERO CONSULTING ENGAGEMENTS; AND CO-SPONSORED THE DINNER GROUP CONFERENCE, JUNETEENTH COALITION, NAACP NATIONAL CONVENTION. PARTNERING WITH UNITED WAY AND INP FOR THE BOARD'S CONNECTION PROGRAM.Expenses $911,113 · revenue $208,000
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
- 04-2879910
- 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
- 1986
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A99)
- Assets (IRS master file)
- $5,773,342
- Income (IRS master file)
- $3,766,884
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,766,884 | $4,211,792 | $5,773,342 | XML |
| 990 | December 2023 | $3,643,713 | $3,972,416 | $6,041,537 | XML |
| 990 | December 2022 | $4,820,212 | $3,378,173 | $6,465,634 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 04-2879910).
Questions about PARTNERSHIP INC
- What is the EIN of PARTNERSHIP INC?
- The employer identification number (EIN) of PARTNERSHIP INC is 04-2879910.
- Is PARTNERSHIP INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
- Are donations to PARTNERSHIP INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PARTNERSHIP 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 PARTNERSHIP 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 PARTNERSHIP 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 PARTNERSHIP INC?
- The 990 for the year ended December 31, 2024 names PRATT NORTON WILEY.
- Who are the officers and directors of PARTNERSHIP INC?
- The 990 for the year ended December 31, 2024 lists 20 people; 6 received compensation from the organization, the highest $261,800 (PRATT NORTON WILEY, PRESIDENT &).
- How much revenue does PARTNERSHIP INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,766,884, expenses of $4,211,792 and total assets of $5,773,342 at year end.
Other nonprofits in BOSTON
- MUSEUM OF FINE ARTS EIN 04-2103607 · last filed 990 for 2025
- BOSTON SYMPHONY ORCHESTRA INC EIN 04-2103550 · last filed 990 for 2025
- MUSEUM OF SCIENCE EIN 04-2103916 · last filed 990 for 2025
- BOSTON BALLET INC EIN 04-2312734 · last filed 990 for 2025
- ISABELLA STEWART GARDNER MUSEUM INC EIN 04-2104334 · last filed 990 for 2025
- FACING HISTORY & OURSELVES INC EIN 04-2761636 · last filed 990 for 2025
- INSTITUTE OF CONTEMPORARY ART EIN 04-2104327 · last filed 990 for 2025
- HUNTINGTON THEATRE COMPANY INC EIN 22-2659560 · last filed 990 for 2025
All nonprofits in BOSTON · Massachusetts · Arts, culture and humanities