Nonprofit · EIN 04-3271952
NEPONSET VALLEY TMA
Tax-exempt · WOBURN, MA 01801
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $2,647,718 | $2,645,029 | $2,689 | $175,598 | $196,386 | -$20,788 |
| May 31, 2024 | 990 | $2,847,520 | $2,886,638 | -$39,118 | $324,426 | $347,903 | -$23,477 |
| May 31, 2023 | 990 | $3,519,629 | $3,492,670 | $26,959 | $206,393 | $159,076 | $47,317 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $2,593,973
- of which government grants
- $2,536,538
- Membership dues
- $57,435
- Program service revenue
- $53,745
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $32,680
- Other salaries and wages
- $598,243
- Salaries, compensation and benefits (total)
- $747,812
- Professional fundraising fees
- $0
- Occupancy
- $200,740
- Program services (functional)
- $2,496,488
- Management and general (functional)
- $148,541
Balance sheet and other
- Total assets, start of year
- $324,426
- Total assets, end of year
- $175,598
- Total liabilities, end of year
- $196,386
- Net assets, end of year
- -$20,788
- Net assets without donor restrictions
- -$20,788
- Gross receipts
- $2,647,718
- Employees
- 11
- Volunteers
- 20
- Year formed
- 1995
- 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 May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CYNTHIA FRENE | EXECUTIVE DI Trustee or director, Officer | 20 | $700 |
| MATT ANTONUCCI | DIRECTOR Trustee or director | 1 | $0 |
| PAUL S CINCOTTA | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTINE COUGHLAN | DIRECTOR Trustee or director | 1 | $0 |
| JERUAD GUMM | SECRETART Trustee or director, Officer | 1 | $0 |
| KRISEN GUY | DIRECTOR Trustee or director | 1 | $0 |
| JANET MOONEY | DIRECTOR Trustee or director | 1 | $0 |
| JOSEPH MAREGNI | DIRECTOR Trustee or director | 1 | $0 |
| YADIRA MARTINEZ | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| BRIAN MCCUSKER | TREASURER Trustee or director, Officer | 1 | $0 |
| GAIL MCGILVERY | DIRECTOR Trustee or director | 1 | $0 |
| PAULA SAVAGE | DIRECTOR Trustee or director | 1 | $0 |
| REBECCA SHORT | DIRECTOR Trustee or director | 1 | $0 |
| BETH WEIRLING | BOARD CHAIR Trustee or director, Officer | 1 | $0 |
990 for the year ended May 31, 2024: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATT ANTONUCCI | DIRECTOR Trustee or director | 1 | $0 |
| PAUL S CINCOTTA | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTINE COUGHLAN | DIRECTOR Trustee or director | 1 | $0 |
| CYNTHIA FRENE | EXECUTIVE DI Trustee or director, Officer | 40 | $0 |
| ELIZBETH FAGAN | DIRECTOR Trustee or director | 1 | $0 |
| JERUAD GUMM | SECRETART Trustee or director, Officer | 1 | $0 |
| KRISEN GUY | DIRECTOR Trustee or director | 1 | $0 |
| LEYLA KIMBALL | DIRECTOR Trustee or director | 1 | $0 |
| JANET MOONEY | DIRECTOR Trustee or director | 1 | $0 |
| JOSEPH MAREGNI | DIRECTOR Trustee or director | 1 | $0 |
| YADIRA MARTINEZ | VICE CHAIR Trustee or director, Officer | – | $0 |
| BRIAN MCCUSKER | TREASURER Trustee or director, Officer | 1 | $0 |
| GAIL MCGILVERY | DIRECTOR Trustee or director | 1 | $0 |
| REBECCA SHORT | DIRECTOR Trustee or director | 1 | $0 |
| BETH WEIRLING | BOARD CHAIR Trustee or director, Officer | 1 | $0 |
| JENNIFER WREN | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended May 31, 2023: 14 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CYNTHIA FRENE | EXECUTIVE DI Trustee or director, Officer | 40 | $0 | $79,163 | $15,041 |
| PAUL S CINCOTTA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CHRISTINE COUGHLAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| STEPHEN ELIAS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| VICTOR FURTADO | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JOHN HOVNANIAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JANET MOONEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JOSEPH MAREGNI | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BRIAN MCCUSKER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KEVIN PEPIN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| STEPHANIE SCOTTEN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BETH WEIRLING | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MICHAEL WHYTE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JENNIFER WREN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 5 WHEELING AVENUE, WOBURN, MA 01801-6810
- In care of
- % TRANSACTION ASSOCIATES INC
- Principal officer (990 for 2024)
- CYNTHIA FRENE, 5 WHEELING AVENUE, WOBURN, MA 01801
- Signed the 990
- CYNTHIA FRENE, EXECUTIVE DIRECTOR
- Phone
- (781) 895-1100
- Website
- WWW.NEPONSETVALLEYTMA.ORG
- Return prepared by
- CARNEY ROY AND GERROL PC
Mission
THE NEPONSET VALLEY TMA IS A MEMBER-BASED ORGANIZTION THAT WAS FOUNDED IN 1995. THE NVTMA IS AN ACTION-ORIENTED ORGANIZATION THAT PROVIDES THE LEADERSHIP AND TECHNICAL SUPPORT IN COMBINING THE RESOURCES OF THE PUBLIC AND PRIVATE SECTORS TO MAXIMIZE MOBILITY IN SEVERAL COMMUNITIES LOCATED IN THE NEPONSET VALLEY REGION OF MASSACHUSETTS. THE NVTMA'S MISSION IS TO PROVIDE CRITICAL TRANSPORTATION SERVICES NEEDED TO ENHANCE ECONOMIC VITALITY, WHILE MINIMIZING THE IMPACT OF DEVELOPMENT, MAINTAINING ACCESS, AND MAKING EFFICIENT USE OF AND/OR WORKING TO IMPROVE PUBLIC TRANSPORTATION.
Program accomplishments
- MANAGEMENT OF NATIONAL RURAL TRANSIT ASSISTANCE PROGRAM.Expenses $2,427,997 · revenue $40,000
- TRANSPORTATION MANAGEMENT ASSOCIATION PROVIDES PUBLIC TRANSPORTATION TO AND FROM MBTA STATIONS TO THE MEMBERS.Expenses $68,491 · revenue $13,745
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 May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 04-3271952
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1996
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $175,598
- Income (IRS master file)
- $2,647,718
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $2,647,718 | $2,645,029 | $175,598 | XML |
| 990 | May 2024 | $2,847,520 | $2,886,638 | $324,426 | XML |
| 990 | May 2023 | $3,519,629 | $3,492,670 | $206,393 | XML |
| 990 | May 2022 | – | – | – | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | IRS |
| 990 | May 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 04-3271952).
Questions about NEPONSET VALLEY TMA
- What is the EIN of NEPONSET VALLEY TMA?
- The employer identification number (EIN) of NEPONSET VALLEY TMA is 04-3271952.
- Is NEPONSET VALLEY TMA tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1996.
- Are donations to NEPONSET VALLEY TMA tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NEPONSET VALLEY TMA 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 NEPONSET VALLEY TMA due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEPONSET VALLEY TMA last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of NEPONSET VALLEY TMA?
- The 990 for the year ended May 31, 2025 names CYNTHIA FRENE.
- Who are the officers and directors of NEPONSET VALLEY TMA?
- The 990 for the year ended May 31, 2025 lists 14 people; 1 received compensation from the organization, the highest $700 (CYNTHIA FRENE, EXECUTIVE DI).
- How much revenue does NEPONSET VALLEY TMA have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $2,647,718, expenses of $2,645,029 and total assets of $175,598 at year end.
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