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Nonprofit · EIN 04-2996598

THE SALEM PARTNERSHIP INC

Tax-exempt · SALEM, MA 01970

Financials

$126K$135K2021$121K$134K2023$118K$125K2024
Revenue Expenses · by fiscal year end
Financials of THE SALEM PARTNERSHIP INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990-EZ$118,233$125,494-$7,261$203,642$3,147$200,495
June 30, 2024990-EZ$120,654$134,220-$13,566$210,693$2,937$207,756
June 30, 2022990-EZ$125,685$134,907-$9,222$225,216$99$225,117
Financial details: 990-EZ for the year ended June 30, 2025

Revenue

Membership dues
$111,500
Investment income
$6,733

Expenses

Compensation of officers, directors and key employees
$85,000
Salaries, compensation and benefits (total)
$85,000
Professional fees and payments to contractors
$6,200
Occupancy
$9,837
Other expenses
$24,457

Balance sheet and other

Total assets, start of year
$210,693
Total assets, end of year
$203,642
Total liabilities, end of year
$3,147
Net assets, end of year
$200,495
Cash, savings and investments
$196,142
Gross receipts
$118,233

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-EZ for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Elizabeth DebskiExecutive Director40$85,000
Joseph RileyChairman2$0
John KeenanPresident2$0
Lynda HartiganVice President2$0
Thomas DanielVice President2$0
Gina FlynnTreasurer2$0
Richard PabichClerk2$0
990-EZ for the year ended June 30, 2024: 8 people
NameTitleHours / weekCompensation
Elizabeth DebskiExecutive Director40$85,000
Joseph RileyChairman2$0
John KeenanPresident2$0
Lynda HartiganVice President2$0
Thomas DanielVice President2$0
James M MuseTreasurer2$0
Laura FlemingSecretary2$0
Richard PabichClerk2$0
990-EZ for the year ended June 30, 2022: 8 people
NameTitleHours / weekCompensation
Elizabeth DebskiExecutive Director40$85,000
Joseph RileyChairman2$0
John KeenanPresident2$0
Linda HartiganVice President2$0
Thomas DanielVice President2$0
James M MuseTreasurer2$0
Laura FlemingSecretary2$0
Richard PabichClerk2$0

Address and contacts

Address (IRS master file)
265 ESSEX ST STE 304, SALEM, MA 01970-3400
Signed the 990-EZ
Gina Flynn, Treasurer
Phone
(978) 741-8100
Return prepared by
Cathy L Rumery CPA

Mission

The Salem Partnership works on key specific long-range economic initiatives for Salem and the region, focusing on Courts, Ports and Transportation. The Partnership's main focus is on the advocacy of the South Salem Commuter Rail Stop Project. The Partnership also actively participates in "Quality of Life" initiatives, with an emphasis on making Salem a better place to live and work.The Salem Partnership is directly involved in determining the outcome of issues critical to the greater Salem community. The members of the Partnership believe that a strong community creates a prosperous business climate.

990-EZ for the year ended June 30, 2025

Program accomplishments

  • Serves as a Member of City's Economic Recovery and Revitalization (EDRR) Task Force to focus on business and community support; the Salem Chamber of Commerce Executive Committee and Board of Directors; the Salem State University Assistance Corporation Board; and the Board of the North Shore Alliance for Economic Development.
  • Assists the City of Salem with managing the contract for the 15% conceptual design phase of the South Salem Commuter Rail Stop Project.
  • Assisted the City of Salem with preparation of a federal RAISE grant to fund 100% design of the South Salem Commuter Rail Stop Project. The application was successful - the City received the $2.8 million project.
  • Will provide project management services to the City of Salem for the 100% design phase of the South Salem Commuter Rail Stop Project.

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-EZ on file
2023June 30, 2024November 15, 2024990-EZ on file

IRS record

EIN
04-2996598
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
1990
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$203,642
Income (IRS master file)
$118,233

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZJune 2025$118,233$125,494$203,642XML
990-EZJune 2024$120,654$134,220$210,693XML
990-EZJune 2023–––IRS
990-EZJune 2022$125,685$134,907$225,216XML
990-EZJune 2021–––IRS
990-EZJune 2020–––IRS
990-EZJune 2019–––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 04-2996598).

Questions about THE SALEM PARTNERSHIP INC

What is the EIN of THE SALEM PARTNERSHIP INC?
The employer identification number (EIN) of THE SALEM PARTNERSHIP INC is 04-2996598.
Is THE SALEM PARTNERSHIP INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
Are donations to THE SALEM PARTNERSHIP INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE SALEM 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 THE SALEM PARTNERSHIP 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 THE SALEM PARTNERSHIP INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
Who are the officers and directors of THE SALEM PARTNERSHIP INC?
The 990-EZ for the year ended June 30, 2025 lists 7 people; 1 received compensation from the organization, the highest $85,000 (Elizabeth Debski, Executive Director).
How much revenue does THE SALEM PARTNERSHIP INC have?
On its 990-EZ for the year ended June 30, 2025 it reported revenue of $118,233, expenses of $125,494 and total assets of $203,642 at year end.

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